Bitcoins - digital currency
Bitcoin is a peer-to-peer digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network. Advantages:
- Bitcoins can be sent easily through the Internet, without having to trust middlemen.
- Transactions are designed to be computationally prohibitive to reverse.
- Be safe from instability caused by fractional reserve banking and central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by banks.
Total size 5,811,700 BTC
or 4,585,431 USD
or 3,545,137 EUR
or 133,094,323 RUB
or 3,849 ounces of gold
Any value to this idea or will it never work?
You ever look at a list of people like this on a big screen and do some reflection?
https://www.youtube.com/@WhatBitcoinDid/...
Crazy how all those wealthy and intelligent people likely all had 0 bitcoin when they discovered it. There's so many compelling and dynamics parts to Bitcoin that it can attract that kind of brain capital.
Bitcoin bullet train. Now we start absorbing failed currencies. Jump on, we ain't going back to fiat.
The "Wall Street Embraces Bitcoin" episode is good insight into TradFi.
Ahah i was just watching this movie takin place In a not so far future it’s said in intro .
Sweet music lol
[YOUTUBE]pao1SmQ5iPE?si=DEqKfU0PyzACbLAV
[/YOUTUBE]
Ps: btw , what a freakn doll movie ….
Don’t waste your time !
Watching bitcoin today.
Most bullish dump going on ATM
BTC.D rallying ♥
good opportunity to buy
Halving in 7 days
BTFD you say? Don't mind if I do.
I don't know if I'd rather it go parabolic now or to giga dump so I can stack more for an autumn parabola
It feels rly good to have conviction in your investments
Well dumped to 60k, very big opportunity imo.
“Israeli media is quoting WSJ and ABC saying an Israeli response might happen tonight.”
“Israeli media is quoting WSJ and ABC saying an Israeli response might happen tonight.”
I am not sure how you value this stuff into bitcoin's price. I fall firmly into the camp that thinks political instability should be good for bitcoin. There does seem to be a generally negative price correlation each time news breaks but that feels like a larger negative sentiment on the whole of the economy/markets. It feels like relative value of bitcoin to other stores of value should be much better and in many ways it should shine in these situations.
Interested to hear others views especially those that may feel on the other side and why.
I am not sure how you value this stuff into bitcoin's price. I fall firmly into the camp that thinks political instability should be good for bitcoin. There does seem to be a generally negative price correlation each time news breaks but that feels like a larger negative sentiment on the whole of the economy/markets. It feels like relative value of bitcoin to other stores of value should be much better and in many ways it should shine in these situations.
Interested to hear others views especiall
A couple days ago BTC tanked to 60k on Iran firing rockets at Israel
The quote is from someone who lives in Israel I just happened to catch it while following a thread elsewhere
Figure worth passing along as it may have the same effect as a couple days ago, ergo buying opp, and right before the halving at that
It is partly a function of bitcoin being tradable 24/7. The only asset in portfolios that can be sold off to 'de-risk' during closed markets
Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Standard Oil's expected future earnings based on population growth that would lead to your birth, what age you would get a car, how many times you would drive your car every week, how many times you take the bus/train, etc. Anything you can think of has already been priced in, even the things you aren't thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscent market. Free will is a myth. The market sees all, knows all and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post on 2p2 asking whether BTC has priced in the halving or whatever, know that it has already been priced in and don't ask such a dumb ****ing question again.
Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing
it’s not really priced in yet. The parabolic run always starts after the halving.
Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing
Since many people in the world have no bitcoin yet , many have no idea what halving means, many will eventually be future buyers of bitcoin , etc .
I’m not sure it’s all priced in.
It’s priced in for the present costumer ?
Maybe but I would bet that not all etf buyer of bitcoins knows an halving is coming soon shrug .
Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing
I couldn't have gotten a more entertaining response to my question. Thank you.
Is absolute scarcity for the first and only time in the history of mankind priced in?
It's a bold strategy, Cotton. Let's see if it pays off for them.
