Bitcoins - digital currency
I mean he's not only the richest man, like you said he's the richest by a substantial margin now, bro left all the others in the dust.A lot of us in that spot would just disappear and go chill on an island with whoever we wanted doing what the **** we wanted. However Musk does appear determined to get involved with world affairs to the point that a lot of the most powerful peo
Apparently chilling on an island with whoever you want and doing whatever you want can also get you in trouble.
All hail Crypto Jesus!
What's wrong with this picture?
if u follow him you'd know he's a buffoon at best and a charlatan at worst
A lot... I think if you're going to comment on something, you should at least understand the economic dynamics of it.
Fewer miners doesn’t reduce BTC issuance. Difficulty adjusts so the same amount of BTC is produced every ~10 minutes. Unprofitable miners leave, remaining miners get cheaper blocks.
Mining cost doesn’t set Bitcoin’s price. Demand and liquidity do.
can someone tell me why my fake money was worth 125k 4 months ago and is worth 65k now?
cliff notes works
I still think the most likely reason for the sell off is contagion from 10/10.
Not sure who, or if its literally everyone. Wintermute didn't have enough assets to cause this. ETF flows aren't in capitulation. CZ parke 2 billion BNB into Alt5 stable coins that pay the Trump family ~70 million a year so this probably isn't tied to his pardon. Nobody seems to know, everyone is just as confused, and sentiment is at the core. Probably close to time to buy ¯\_(ツ😉_/¯
it is still gonna get to parity with gold and go to like 1M right?
ok, that works
why didn't the US ever start the strategic bitcoin reserve?
they are no longer selling seized bitcoin.
think there's issues with using taxpayer dollars to buy bitcoin. not sure how popular of an idea that is.
coordi is right, there's probably a lot of contagion from 10/10 going on.
there's also a lot of chaos and uncertainty with orange man, so people are selling risk assets, predominantly crypto.
i think a portion of the sales are from quantum fears. people don't like that uncertainty either.
and lastly there's a ton of leverage in the system, and with all the wall street products, and to some extent defi, there's more much paper bitcoin out there than real bitcoin. right now a lot of people are getting liquidated and forced selling. if the market can stabilize, and holders start demanding their actual bitcoin, the momentum can definitely swing.
that being said, if you're a cycle believer, we can might be in another ~2-3 years of sideways-down market, before giga sending again.
LOL ..... bitcoin now down 50% since I wrote here just over 3 months ago that it was just vapor.
LOL ..... bitcoin now down 50% since I wrote here just over 3 months ago that it was just vapor.
Without talking about past performance why do you think the US gov't should invest a large chunk of money in BTC?
Without talking about past performance why do you think the US gov't should invest a large chunk of money in BTC?
Without talking about past performance why do you think the US gov't should invest a large chunk of money in BTC?
Because **** it, why not? I just wanna eat.
Don't really care about the philosophical/practical aspect of all this.
Just looking for BTC to hit parity with gold in 20 years and then paying some D list celeb like 200k to sing the Logan Roy L to the OG song at my 60th.
Do you guys think the 4-year cycle is broken due to the massive institutional adoption over the past year or so? Unless we get an insane rally within 12 days, BTC hasn't performed very well this year - despite the new ATH.According to the classic cycle, 2026 should be a bad year. And the Fed doesn't foresee many rate cuts in the near future. On the other hand, QT has recently e
Narrator: 2026 was indeed a bad year. Four year cycle bros remain undefeated.
Only whales buying big.
No interest among regular investors or other institutions.
I kinda hope bitcoin goes to 15k so toothsayer can make a triumphant return to dunk on you guys
I kinda hope bitcoin goes to 15k so toothsayer can make a triumphant return to dunk on you guys
dare to dream
saylor gold on cnbc:
Spoiler
"Refinance where Michael?"
"We'll just roll it forward"
"You think banks will lend at that point?"
"Yeah because the volatility of bitcoin is such that there's always going to be value"
Spoiler
