Brian Armstrong said that they are still discussing the Crypto bill and will be finalized next month.
Bitcoin pumps ---> portion of gold/silver moves into Bitcoin ---> retail fomo ---> Wallstreet and WO selling making a killing ---> retail fcked again -as always-.
Numbers could go from ~$200,000 to over $300,000.
Many of us likely find it disturbing to witness a decent number of folks who sold around these price areas to seeming to be getting rewarded (in the short term) for selling around these price areas and to be trading bitcoin rather than investing into bitcoin.
It does seem like some of the BIGGER players have pretty good incentives to manipulate the BTC price down as much as they can and for as long as they can so that they can fill up their bags and while ongoingly getting the longer term bitcoin holders to sell decent quantities of their coins.
There are surely longer term bitcoin holders who are losing their faith in the future pumpability (pumpamentals) of bitcoin. We do get some amount of this in every cycle in terms of some of the bitcoin holders losing faith and selling too many coins too soon. Sometimes they sell on the way up and then other times they get frustrated and sell on the way down or during seemingly long consolidation periods.
Even newbie no coiners and/or low coiners seem to get frustrated by BTC price movements, even though it would seem that anyone who is a newbie no coiner and/or a low coiner, then they should have less to lose in terms of just figuring out how much of a position that they would like to take and then acting upon that in order to get in, whether that is $100 per week or some other amount that they might be willing to extract from their discretionary income (to the extent that they have discretionary income that is sufficient for their chosen investment size - frequently DCA works, even though there is lump summing and buying the dip - even though I surely am not much of a fan of buying the dip strategies (practices) from newbie no coiners/low coiners since they likely need to actively start accumulating bitcoin rather than waiting for dips that might not happen.
If a newbie no coiner/low coiner starts to DCA, and perhaps dedicates 20% of his DCA amount to buying dips as a way to supplement his DCA, then that is probably an o.k. approach, even though pure DCA is likely to be better for normie newbies no coiner/low coiners during their first whole cycle of building up their bitcoin stash - especially if they do not other investment and/or resources that they would be able to reallocate into bitcoin in order to frontload their bitcoin investment, and an overwhelming majority of normies do not have lump sum amounts available, but instead they have their regular cashflow.
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I guess me and Peter Thiel are alike in that we will openly say such crazy things.
Are you and Thiel alike in terms of your BTC stash size too?
Asking for a friend. 
you don't see silver up 3+trillion in market cap since jan of 2025
you don't see gold up 15 trillion in market cap since jan of 2025
you don't see platinum and palladium up about 1 trillion combined since jan 2025
Always we had a discussion about Bitcoin Vs Gold now Silver is playing a role he can enter in this discussion.
In recent price surge in our local Market Silver price pumped 2x within 1 and half months time period.
Should we consider silver now a rival of Bitcoin?
My bags with Silver made 2x within this short period , who knew silver will pumped this much. I wish I had bought a bit more silver.
I have a hard time imagining how silver could be better than gold as a rival to bitcoin in terms of its monetary properties, and bitcoin is around 1,000x or more superior to gold.. We should not get distracted by temporary movements and/or momentum, and do we really need to go over the various monetary properties in which bitcoin is superior to gold and/or silver? O.k... I will do make a brief reference. just because it seems that some folks don't really understand monetary properties and why bitcoin is so much superior to both gold and silver (and any other assets/currencies) in terms of monetary properties... Think about monetary properties in terms of verifiability, transportability, divisibility, scarcity, costs to hold/transport and/or other monetary properties.
How the fuck could you conclude that silver is even close to bitcoin in terms of monetary properties, and even the market shows that over the years gold beat out silver and fiat beat out gold - even though gold, silver and various other precious metals are experiencing some recent upward momentum, especially in the last year and a half for gold and in the past 6-ish months for silver.
By the way, I had heard that there are some aspects of silver's production process that makes it more difficult and/or less practical to spin up production, which surely can help it out in ongoing short-term UPpity momentum.
Hopefully not too many guys are getting too much distracted into gold and/or silver, even though as @Phil mentioned in one of his recent posts (in his attempt at a definition of soon
tm), it might be difficult to discount the fact that either or both of them could still have a year or more of ongoing Uppity.. . Perhaps? Perhaps? I am not claiming to know
(or to care very much), even though surely guys have to figure out their own balances in regards to how they might be allocating to any of the PMs as compared with bitcoin, and sure it likely makes some differences in regards to PMs if they already own the physical aspects and they are already used to dealing with the physical aspects...
Not buying silver though it hit 3T,
Won’t touch bitcoin till it’s 30T.
Holding paper USD till it’s 2T,
Watching charts, I move how I please.
It looks like "you please" to have fun staying poor.
You do you.
Poll
