It probably depends on how much bitcoin you have right now and what's your goal.

You say you do DCA, so how much is all your bitcoin savings vs your fiat? If you get 100 thousand from your plan and you have maybe 20 invested in bitcoin It could be a good idea to increase the amount of bitcoin you have at the expense of your fiat.

When you get the money, what are your other investment options? Buy a property? Put it in the bank? Buy gold?

I like your bullish prediction. 40 thousand even if the ETF is not approved? I doubt that we'll do that good this year.

The way I see this market we're going to bounce around between 30 and 35 and if the ETF is approved we'll push higher. Even if it doesn't we could start a new rally in January bit I just don't see us making 40 before the end of the year without major news.

It's possible US stock market will crash in the coming months and we'll see how bitcoin reacts. It used to react to these big stock selloffs. In 2020 stocks crashed and bitcoin followed. I hope we can finally break this trend and be independent.

There are node kits available if you want to try with ease. Basically plug and play stuff that guide you step by step through the process.

A node can be an interesting thing to do when you don't have enough money to mine bitcoin but want to be able to say that you actively support the network.

A PI node with a small LCD screen is an interesting decoration and a conversation starter when someone visits you.


There's some money involved if you run a lightning node, but this requires owning bitcoin, so I doubt that's what OP is asking about and what he's able to do at the moment.

Gambling is legal.
The lotto agent offers fair money and wants to run a legit business.
If he doesn't take agent's money he'll pay someone else and open it anyway.
It's not going to be the only gambling spot in town, so people who are addicted gamble anyway. By allowing him to open it you don't make more addicts. Maybe you'll make it more convenient for the addits to gamble because they won't have to go so far, but that's all.

I'd take the money, at least until his financial situation improves.
Then he can decide if he'll renew the lease. It's not permanent after all.

This was done only for the test and the guy was a journalist, but it can happen to a normal user. I don't read about electric cars or cars in general enough to come across more of these stories.

You're right. Busses drive around all day and generate enormous amounts of fumes when compared to a car because they drive very inefficiently. They start driving, gain speed, brake, come to a stop and repeat the whole thing. All that with high mass and bad aerodynamic efficiency.

The only thing that makes me angry about electric cars is that they want to tax all of us who don't have enough money to buy one so that we stop driving at all. In other words, you're rich, you buy electric car and drive like you used to. You're poor, we're going to make you pay for your old car so much that you'll either have to sell it and ride a scooter or something or you'll have to take a loan to get an electric car.

I've read about such case when a guy was testing a Tesla and wanted to see if it really shows the real range. He wanted to push it to the limit.

I don't remember all the numbers and the article was from at least a year ago but he wanted to travel from one town to another and planned the rout a day before. The car showed him that he can go from point  a to point b at full charge with some margin. There was a charging station at point b.
When he was maybe 20km from that spot the car started showing that he won't make it and instead of +10km left it corrected to something like -2 so he thought that maybe the car is wrong and he can make it. After all this was a trip of more than 200km and the car was showing that it will lack 1% charge to make it.

Long story short, he didn't make it and the car shut down in the middle of the street with no charging station nearby, so he went to a hardware store and bought the cheapest gasoline power generator and charged it a bit to make that 2 additional kilometers to his destination.

IMO it's the opposite. Many people in the US with primary education own and use a credit card. At the same time many well educated people use cash on purpose to show defiance.

Politicians want us to use digital centralized money and limit cash payments, so it's important to keep using cash as much as we can and show sellers that a lot of their income comes in this form.

I primarily use cash and don't even own a credit card.

In this so called first world we are also experiencing healthcare problems.
The problems are that we all pay our healthcare tax, but there's not enough doctors who want to work in government facilities, because pay is too low when they compare it to private facilities.
As a result when you want to get checked by a specialist you have to wait for 2 months while in a private facility you'll have everything done in a week or two but that will cost you.

People face a choice. Wait for months or pay and to pay they have to work overtime because they'll pay for healthcare anyway even if they choose private care, which means they pay double.

I don't see a WW3 brewing. Do you think that Russia would be stupid enough to attack NATO? There would be no winners of such war with so many nuclear submarines around the world.
We've reached a situation where no country will risk a global nuclear war. The only ones stupid enough to do it would be jihadists, which is why the West is limiting their access to nukes.


People don't want CBDC. If they're forced to abandon fiat money and use CBDC they will turn to bitcoin and if all fails they'll turn against the government.


If there really is another world war you'll have more things to worry about than bitcoin, like how to get clean water and protect yourself from radiation.

These are pictures of younger Michael with women. You can google him and see all of them because there's a lot more than this.

I have nothing against him and I see no reason not to call him a friend of bitcoin. As you said, money talks and his money is telling a whole story. It's completely opposite to many people who praise cryptocurrencies and only see the dollars in it, like Kevin O'Leary, or McAfee.

At least Saylor isn't bullshitting us.

This shows how small bitcoin still is.

How can a global decentralized money and a store of value compared to digital gold be as small as an electric car company and get an edge over it only because of the recent pump?
I'm sure we are very early here.

I don't like Tesla and I think their products are popular only because there's a global conspiracy to scare people away from using normal cars through taxation and limiting their access to certain areas.
It's only a matter of time before other engines like those that run on hydrogen surpass it and then Tesla will either change or end up like Nokia.

Seizing is stealing but in a legal way.

It's nothing but a wordplay used by the authorities to distinguish between the same action done by you and a lawman.


Even worse.

They can take your bitcoin claiming that it comes from a crime. You will defend yourself but it can take years in which time they'll be holding your bitcoin.
You can win it back or not but you're still going to lose money on lawyers. Money that you don't have because they seized it.

The pump is caused by the news and the approval ratings of the ETF. Many companies including Bloomberg made their predictions about the ETF and they are all positive, some even stating that it has 90% chance off being approved. That makes people buy bitcoin now.

At the same time there's some natural causes like the fact that bitcoin used to stay at around half of its all time high price for months before and after the halving.
in 2013 ATH was 1100 dollars and the price before the halving was sitting between 500 and 600
In 2020 ATH was 20000 dollars and the price before the halving was 10000 - 12000
Now ATH was 68000 and price before the halving came is above 30000 so we're right on track.

What's a dip?

Bitcoin is at 44 something right now, so is going to 33900 a dip? 33800?
What if it goes to 33000? Is that a dip?

I think we can get such a dip before going over 35000 but is it something to worry about? Of course not!
This whole thing is driven by the ETF news and if ETH gets approved you'll never see bitcoin at 35000 again.

That's how I like to treat gambling.

I've always felt like it's healthy to think that you pay for the experience. When you send money to a casino you pay them for the chance to use the service and the money is lost. If you get lucky and get something back to end the experience with profit that's great but don't think it's going to happen every time.

I know it's just a way of explaining a loss to myself but it helps me cope with it and I've never had any problems with depression.

They have been using cash since the first terrorist cell was created and they will be using cash for as long as it exists. It's the best and easiest way to buy stuff without leaving a trace.

How many terrorists somewhere in Afghanistan or Syria have accounts on bitcoin exchanges? The only way to use bitcoin without being traced easy would be to get a bitcoin donation to their wallet and send that donation as payment for weapons but that still can be traced if their place gets bombed or attacked by soldiers and computers seized which means bad news for both the donator and the weapons dealer.

Someone who claims bitcoin is bad because terrorists use it is doing it to brainwash people just like Greenpeace was doing it in their smear campaign.

My friend worked for a software company and they had no scheduled breaks at all.

There was a card reader at the door of the floor he worked on and the only thing there was on that floor was the bathroom and a smoking room. If you wanted to take lunch break or go outside, even to the parking lot to take something from the car, you had to use the card and they'd count how long you were outside of your working area and that time would be subtracted from your paycheck, unless you stayed after hours.

It was a common thing for people working there to take a break and then stay an hour longer.

That's probably the thing. They did not expect this listing to stir things up as much as it did.

In another thread there was a post showing the whole site went down for a while which means they were getting so much new traffic that it overloaded their servers.
Everybody wanted to check if the ETF is really listed so they took it off.

Whatever the problem was what matters is that they have it ready, so they're expecting this thing to go live at any moment.

It's not manipulation.
How much bitcoin can you buy? How much can newcomers buy right now? If someone hears about the acceptance of an ETF and buys some bitcoin it's not going to be a 100 thousand dollars of bitcoin.
It's more likely going to be 10 thousand or less.

What we're witnessing here is people investing hundreds of millions into bitcoin in one week.
A manipulation can only get you half way with some leveraged trades liquidated but then for it to keep going you need real money coming in. Big money!


You're saying it wasn't removed but was.

You should visit the wall observer thread OP, people there expected a pump for months.

Most people on this forum expected this which is why they were stacking bitcoin all throughout the bear market. They did not abandon bitcoin when it was sub 20 thousand dollars and they did not panic sell when bitcoin fell from 30 to 26 thousand a few weeks ago. That's what I call conviction.

I still own bitcoin that I had in 2021, so we can say that a rise and another bull market was expected