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The halving is near. Sell your bitcoin while you can. This time is different ©.
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Just a casual bitcoin meme from 1.5 trillion dollar investment firm Franklin Templeton. For those around a little longer this truly is astonishing. I remember not even daring to say the B-word to friends and family since they would think I had lost my mind obsessing over this fake internet money only used for nefarious purposes. (btw: still obsessing over this fake internet money, can't seem to put it to rest)  https://x.com/FTI_US/status/1747713266107724191 |
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Would be a shame if we had a weekend pump and introduce Wallstreet to an asset that trades 24/7 outside of their own control exchanges. Next Monday the NASDAQ and NYSE are closed, adding to the FOMO.
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Thought I better come clean regarding my fiat addiction. Seems most Americans are doing much better than I do. |
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My name is bitebits and I have $10k in my bank account.
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Confession time. Some time ago when I was playing around with Walmart and McDonalds hat avatars because we were all poor again, somebody came up with the brilliant idea to rotate the Mcdonalds logo and make it look like a stylized bitcoin symbol. Bitebits liked it and asked me to make him a hat with that logo on it and laser eyes. I think I may have cheated and only altered a small hat... maybe I thought he would switch back to his original hat or maybe I was being lazy... memory fails me and I have no copy of a large version on my computer so I don't believe I started that one from scratch. Who could have know some creative individual was going to come along and make some really cool bitcoin collectibles that would require a full-sized png version? Anyway, I consider this redemption: full-sized  avatar-sized  Also, I guess I'm a liar (thanks for pointing that out @JimboToronto) because I always said the first hat was free and it came with a money-back guarantee. I will ask your forgiveness. Second hats are free for the good guys and I'm the arbiter of good in this case  Oh, and second hats also come with a money back guarantee. Had been going through my old posts for the original but couldn't find it, so admittedly I stopped searching a bit prematurely and asked whether you had better storage management.. Did not expect you to create a brand new one especially during these days. Thank you Homer, best Christmas gift. Exactly as my avatar but more pixels . At the time I requested the laser eyes because of expecting $100k soon. But then SBF and his cronies ruined the party, back to flippin' burgers it was. But the laser eyes are still focussed today on that magic number (even though it should probably be $125k today at a minimum due to inflation). Involuntary thinking about it for some years I decided I am keeping the laser eyes no matter the price. Bitcoin, with a capital B, is worth focussing on beyond the financial freedom it provides. So no need for a third edition, wearing it until it has holes in it! |
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Nice project @cygan! Can I please reserve a few hat cards?
HAT.EL DUDERINO_.3
HAT.MINERJONES.3
Pre-order:
HAT.XHOMERX10.3
HAT.LFC_Bitcoin.3
HAT.bitebits.3
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On the one hand I am obviously happy when the ETF gets approved. There is an ocean of dollars out there that can't use Coinbase/Kraken/Binance and the like. On the other hand I notice I am a bit sad by the thought of it, Bitcoin will never be the same anymore afterwards. It leads to more centralisation and retail buying ETF shares will never learn to self custody and transact in bitcoin (and therefore fully understand and experience Bitcoin). Creating paper bitcoins is a very tempting threat. Wallstreet will love their new and volatile toy for daytarding and there are heaps of trading fees to be earned by the exchanges, encouraging it to change hands like a hot potato. I can even imagine once Blackrock and the likes get a decent market share they start to have an opinion on blocksize, which transactions should and shouldn't be in a block, etc.
Let's see how it evolves, can't do much about it except for not buying those ETF's and hodl your own coins.
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Corporations will now be able to report btc gains on their asset if they hold it, pumping their overall stock price value for EOY reporting. Funny how a major barrier to corporate bitcoin holding adoption is changed right before the coming Bitcoin ETF approvals? What amazing timing! I'm shocked, shocked I tells ya! /s   https://twitter.com/davidmarcus/status/1734974716505649531This is indeed a big deal but it’ll be another year before it goes into effect so the timing of it being announced right before the ETF approval doesn’t mean much. What it does mean is that a perfect storm is once again brewing for the 4 year ATH to get set in mid/late 2025. Exciting for people who are already happy with the $40K price. As JJG said, but it might have been covered in words, the fair value accounting for bitcoin can be adopted by companies already in Q1 2024: Early adoption is permitted for both interim and annual financial statements that have not yet been issued (or made available for issuance). If amendments are adopted in an interim period, they must be adopted as of the beginning of the fiscal year that includes that interim period. https://fasb.org/page/getarticle?uid=fasb_Media_Advisory_12-13-23 |
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[...] I feel it's just a chance for you guys to buy more who missed the 15K, 20K, 25K, 30K and waited for more dip.
[...]
It is time to get beyond MtGox for good, it gets a little old and annoying after 10+ years. So please forgive our sins holding coins on a playing cards exchange, and let's get it out of the way for a clean run to new ATH's. |
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Thinking about how easy it is to still keep up with the WO on a daily basis. Even with a x3 from the bottom and the recent price action. We have seen nothing yet.
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@SamReomo, small FTFY:  |
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Seems like 35/36k is a roof until now.
Liking this action consolidating at $35k. Let us not rush things. Been waiting over 10 years by now. It is about f*cking time. Go bitcoin go! |
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