Just a bit of fun speculation -
What price do you see one bitcoin being valued at in 10 years, take a guess?
I'd be absolutely fucking delighted with $5,000 per bitcoin.
Just a little blast from the past. And LFC is still buying like a bandit today. Add another 5 years and he is probably still just wall observing. From his private island. And fucking deserves it for taking the risk. Yo LFC, how is the weather on your island today? |
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Seems we have entered the tumbleweed zone. Six CBs in a row. Conclusion: Volatility ahead.  I can feel it in my bones. Soon (tm). Jup, there is something about hodling this thing over a decade. Like a scar that starts to itch when the weather is about to change. Ugh... not holding my breath... with all the other massive shitcoinery signals I hope they can get this at least SOMEWHAT right. I expect "diversity" which we all know is a mistake... and if that is the announcement then I will be mildly pleased. It's the full on fumble I am scared of lol. One thing I am sure of, regarding a strategic 'crypto' reserve, it will be bitcoin only if they do. The US will not buy privately printed currencies. And then there is something about hodling this thing for 15 years and witnessing newbies time and time again lured into the cliffs by the siren song of alts. Kudos to you Capslock, should have known. Still I have some idle hopes eventually only Bitcoin makes it through. |
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musked? is this a new verb?...reads like complete gibberish to me. (an approved one) while instead the funds were sent to another address. I am discussing it here: ByBit hacked for 1.4Bln. Funds are Safu?Isn't that what hardware wallets are for? And this would imply they are using some centralized service for their multisig setup since it affected all cosigners. I am sure this is an advanced attack but I have a hard time believing this was a real multisig setup. Edit: and just to be clear we are talking about ETH here. |
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Strategy’s Michael Saylor says the US should aim to hold 20% of Bitcoin “The real promise is if you own 4-6 million BTC, you’re going to pay off the national debt,” says the Strategy founder. Strategy founder Michael Saylor has stressed the importance of America having a strategic Bitcoin reserve, suggesting that it should buy up 20% of the BTC network. “There’s only room for one nation-state to buy up 20% of the network, and obviously, I think it should be the United States, I think it will be the United States,” Saylor said at the CPAC conservative movement conference in Washington DC on Feb. 20. Source: https://cointelegraph.com/news/michael-saylor-us-buy-20-percent-bitcoin-cpac-conference
Only America has said that it will hold 20% of Bitcoin, but every country should think about investing in Bitcoin in this way for the long term. Bitcoin is the only reliable coin that is the best investment opportunity, and it plays a huge role in the economy of the country, and if a country plans to pay off its debt, it is also possible through this Bitcoin. It is possible to make the entire nation prosperous by holding this Bitcoin, if you don't believe it, look at Michael Saylor. Source: https://www.youtube.com/watch?v=wLIjXVOFfYw (some loud shitcoiners in the crowd unfortunately) |
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Seems we have entered the tumbleweed zone. Six CBs in a row. Conclusion: Volatility ahead. I can feel it in my bones. Soon (tm). |
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 I find this to be retarded and just plain wrong. In fact, every sale of Bitcoin has a buyer, so if you're buying Bitcoin, you're buying it from someone selling it. That's not causing the network to be strengthened or weakened, the electricity that goes into mining strengthens the network. [...] Generally I agree with you cAPS, bitcoin is money (the hardest form known to humans) so inevitably it needs to be spent. When you sell bitcoin for dollars though, you lower the dollar price of bitcoin. Which makes the miners able to spend less energy per mined bitcoin. Which weakens the network. |
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Well observed Homer and have to agree with you there.
I do like the a bit unusual for Saylor number 10 though. You have to experience stepping out of the matrix yourself but once you can and do: endless rabbit holes to fall into (and being considered awkward actually having an own informed opinion about topics almost nobody IRL seems to care about lol).
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^ Let's slice up a pizza in 8 billion pieces and every human on earth can eat pizza.
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Seems we have entered the tumbleweed zone. Six CBs in a row. Conclusion: Volatility ahead. |
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Chad Saylor's pivot could probably be considered for the pivot of the century - from a middling software vendor to currently a leading Bitcoin company.
👀
If you look at Strategy's stock zoomed out chart to the maximum, the last ATH it did was during then year 2000 - some us weren't out in the world yet. Haha. BUT it has surged to another ATH because of? Chad Saylor's Bitcoin investment strategy, which was very simple - Buy Bitcoin, and HODL.
Be aware the difference in stock outstanding, the difference in market cap today is considerable. Although I have a hard time finding a source with market cap data going back to March 10, 2000. |
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[...]
I feel like I am getting rich pretty quick... even if we might take $1k as my average entry price.
[...]
And you were mocked, maybe even I did (for fun, obviously), for years about that. Well I guess who is laughing now. Especially when I can now carefully conclude this as some sort of an admission you got yourself a whole coin. |
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Ugh... not holding my breath... with all the other massive shitcoinery signals I hope they can get this at least SOMEWHAT right. I expect "diversity" which we all know is a mistake... and if that is the announcement then I will be mildly pleased. It's the full on fumble I am scared of lol. One thing I am sure of, regarding a strategic 'crypto' reserve, it will be bitcoin only if they do. The US will not buy privately printed currencies. |
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"Kraken 2024 financial highlights, which we are releasing for the first time in Kraken history."Some interesting insights: Kraken has been so focused that we’ve raised no more than $27 million in primary capital in our 14 years of existence. During the year, clients entrusted us with $42.8 billion in assets on the platform and 2.5 million funded accounts. Total trading volumes in 2024 reached $665 billion and our average revenue per customer is now well over $2,000 – far surpassing any comparable stat we’ve seen from traditional or crypto exchanges. we were one of the first to publish our Proof of Reserves – and while others have stopped, we’ve remained committed to publishing it regularly, ensuring the highest level of transparency and accountability. 
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Little buddy and Twix link poster block. We will never see $98k again. The top is in with only 1.2mm bitcoins to be mined in the next 115 years.
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Too late? Too early?  |
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He did it again. How many we will know by tomorrow morning before the markets open.
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Small potatoes versus Saylor but the trend is clear, many will follow. Bitcoin is no longer taboo which is already a huge step compared to some years ago. But now bitcoin is needed for smaller companies to stay afloat. https://corp.rumble.com/blog/rumble-announces-bitcoin-treasury-strategy/Rumble’s Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20 million.
Unlike any government-issued currency, Bitcoin is not subject to dilution through endless money-printing, enabling it to be a valuable inflation hedge and an excellent addition to our treasury, |
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