$ (BTC) The Bitcoin Thread - NO SHITCOINERS ALLOWED

Stalker said:
Or do you predict we top out much earlier than usual, in Q1/Q2 of 2025?
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Yes, like there aren't people just hearing about bitcoin this time around as opposed to 4 years ago, and the amount of volume is a lot lower for bitcoin this time around meaning way less people buying in or buying more. beyond that there's stuff like tether that can destroy the entire show whenever.

we're already 7 months post halvening and it blatantly seems like the presidential election is what spurred all the activity.
 
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Get the rope Macaulay! said:
Yes, like there aren't people just hearing about bitcoin this time around as opposed to 4 years ago, and the amount of volume is a lot lower for bitcoin this time around
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Bitcoin has been around for a while, what’s new is:
>institutional investors like blackrock pouring millions into crypto
>national governments investing in BTC reserves
>anyone unironically arguing BTC and crypto is all just a scam that will fizzle out has clearly been proven wrong for a decade

It’s here to stay, and there’s too much money involved at this point for it to go anywhere but up. Blackrock is too big and too evil to let their investment fall. They’ll manufacture it if they have to. Even NPC who hate crypto bros will all desperately try to buy in after a month of Larry Fink running some TikTok dance ads to reboot their software.

I agree that it will probably not go higher than 200k this cycle though, I’m just thinking out loud and others have probably said similar
 
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Get the rope Macaulay! said:
while true thats why i brought up the election, everyone pouring money into crypto as a hedge aganist a market collapse, once blackrock sees money elsewhere they wont invest as much in bitcoin, same with all the other investors.
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Truly, the Jew can’t be beat at his own game
 
Alright, fuckers- you finally win with me.

I've written off this 8-bit monopoly money as "Tulip Mania on Bath Salts" at best and the Mark of The Beast at worst for well over a decade now and have faithfully stuck to my shiny grey and yellow rocks- but now that I see all the shit going on with the incoming administration talking about everything from a strategic bitcoin reserve to other people speculating about how it's possible Bitcoin becomes the digital-dollar equivalent of the North American Euro (a digital dollar common currency between multiple different countries like El Salvador and the US) I've decided I'll sit down at the checker board to a limited capacity.

If half the shit people are saying with Bitcoin actually gets turned into passed legislation then I predict it'll eventually get to $1,000,000 a bitcoin sometime within the next 4 years. Granted- the inner Kalifornia-Koin-Merchant within me predicts that when it does hit that amount it'll drop to $0.07 a bitcoin the immediate year afterwards, but I'm still hoping to get a slice of this Christmas turkey before it's all carved up and thrown in the compost heap.

I was originally looking into a Ledger Nano-S for hard-storage but apparently they had some kind of major controversy in recent years? The only other time I've dabbled in Crypto was when I alchemically transmogrified $100 into $1000 with QTUM back in the day when Ghost from TCR was shilling it before the pump got dumped, and that's what I used way back when in the Precambrian era. Does anyone have any recommendations for alternate hard storage devices?
 
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♦️ King of Diamonds ♦️ said:
Alright, fuckers- you finally win with me.

I've written off this 8-bit monopoly money as "Tulip Mania on Bath Salts" at best and the Mark of The Beast at worst for well over a decade now and have faithfully stuck to my shiny grey and yellow rocks- but now that I see all the shit going on with the incoming administration talking about everything from a strategic bitcoin reserve to other people speculating about how it's possible Bitcoin becomes the digital-dollar equivalent of the North American Euro (a digital dollar common currency between multiple different countries like El Salvador and the US) I've decided I'll sit down at the checker board to a limited capacity.

If half the shit people are saying with Bitcoin actually gets turned into passed legislation then I predict it'll eventually get to $1,000,000 a bitcoin sometime within the next 4 years. Granted- the inner Kalifornia-Koin-Merchant within me predicts that when it does hit that amount it'll drop to $0.07 a bitcoin the immediate year afterwards, but I'm still hoping to get a slice of this Christmas turkey before it's all carved up and thrown in the compost heap.

I was originally looking into a Ledger Nano-S for hard-storage but apparently they had some kind of major controversy in recent years? The only other time I've dabbled in Crypto was when I alchemically transmogrified $100 into $1000 with QTUM back in the day when Ghost from TCR was shilling it before the pump got dumped, and that's what I used way back when in the Precambrian era. Does anyone have any recommendations for alternate hard storage devices?
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Coldcard Mk4 is what I use. Blockstream Jade is said to be a satisfactory and cheaper alternative, but I can't attest to those claims. As a final note, thank you for pumping my bags.
 
Stalker said:
Coldcard Mk4 is what I use. Blockstream Jade is said to be a satisfactory and cheaper alternative, but I can't attest to those claims. As a final note, thank you for pumping my bags.
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Is Coldcard open source like Trezor?
 
I’m perfectly fine with and expect to be bouncing around 90-100 for the next week or two. I’m thinking we break 100k before Christmas though. If that’s true though, and we just kind of go sideways for a bit and then keep moving upwards, I think that will be a VERY bullish signal (obviously) in regards to how previous bull runs go with pumps and then crashes. Since the depths of the bear market in Jan 2023, we have gone up nearly 500% with our biggest down week being 15% in April of this year. Ordinarily at this point in the bull market I would expect like a 20%-50% correction before proceeding upwards, but we are looking relatively strong. Is This Time Different? Is this the Super Cycle? Did I just jinx it?
 
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Fascist Kirk said:
All I know is when all the ads coming from google is coin base kraken robin hood and bitcoin its a good time to short. and behold not owning magic internet money but shorting the fuck out of just made my family a great Christmas!
what is 5k between fren's?
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You go short for a 9% move at the very most, when you could have gone long after the US election and rode a 30% move. You missed out on 21% and here you are buck dancing like a complete clown. At least hold your position until we hit US $85k. This correction is the textbook definition of a nothingburger. Moves like this happen every break of the ATH without fail.
 
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Stalker said:
You go short for a 9% move at the very most, when you could have gone long after the US election and rode a 30% move. You missed out on 21% and here you are buck dancing like a complete clown. At least hold your position until we hit US $85k. This correction is the textbook definition of a nothingburger. Moves like this happen every break of the ATH without fail.
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I chase lines every day, but you do you. I made 7k in 24 hours off moon bro's thanks for holding my bag.
 
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Fascist Kirk said:
I chase lines every day, but you do you. I made 7k in 24 hours off moon bro's thanks for holding my bag.
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Well, kudos to you, Bitcoin is for everyone. Buyers, sellers, those who both buy and sell. It's just strange to me that you are bragging over such a minor and inconsequential change in price compared to what was seen earlier this month. Many of us in this thread made much more than US $7,000, but never felt the urge to brag in the precious metals thread. It just requires some rational thinking: "If I made US $7,000 on a 9% downside move, what did Bitcoiners make from the upward 40% move?". One could easily imagine it was much greater than your meager sum, even for those with risk-free spot holdings. Looking further into the past, Bitcoin has increased in value >500% from the lows in 2022. You caught none of that move, because you were obsessed with Gold, which severely under-performed Bitcoin during the same time.
 
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