Michael Saylor owns roughly 130,000
#BTC
. Think that's a lot?
Roger Ver used to own 400,000 BTC. He'd be one of the wealthiest people in the world today, but instead he pissed it all away on BCash.
Painful.
Every time you use
#Ethereum
, you are giving ETH to those that hold the most ETH.
Every time you use
#Bitcoin
, you are giving BTC to those that put in the most work.
This must be understood.
I’m vegan.
I own an electric car.
I eat seed oils.
But I’m also not left-wing.
Not a normie.
And I’m a Bitcoiner.
I’m an individual. And these
#Bitcoin
stereotypes are ridiculous. Bitcoin doesn’t care who you are.
@AgitPropLover
@DailyLoud
@pubity
Seeing women turn on themselves is hilarious.
They worked forever for their rights, just to be surpassed by men in dresses.
The top 100
#Bitcoin
addresses own 15.4% of the supply.
The top 100
#Doge
addresses own 68.3% of the supply.
The narrative that Doge is “the people’s” money is BULLSHIT. Bitcoin is the people’s money.
Good for Saylor.
But it’s a sad state for Bitcoin when one man’s company is able to acquire this much BTC.
Where is the demand? Is one guy going to continue eating up the supply?
MicroStrategy has acquired 18,300 BTC for ~$1.11 billion at ~$60,408 per
#bitcoin
and has achieved BTC Yield of 4.4% QTD and 17.0% YTD. As of 9/12/2024, we hodl 244,800 $BTC acquired for ~$9.45 billion at ~$38,585 per bitcoin. $MSTR
This is how hard it’ll be to become a wholecoiner once
#BTC
is in the 6-figure range:
DCA-ing 1k/month starting at a price of $100k (assuming a CAGR of 25%) would result in having 0.48 BTC after 10 YEARS of stacking 🤯
Those with a whole coin already have no idea what they own.
Satoshi: “We’ll create a global currency with a distribution phase of 120+ years. You must use real world energy to generate coins.”
mETH-heads: “We’ll pre-mine 70% for ourselves, let miners get coins for 5 years, and after that we get all the new coins without work forever.”
Hashrate when
#BTC
was $69k: 161 EH/s
Hashrate today when BTC is only $19k: 297 EH/s
Despite a 72% drop in price, hashrate has still exploded 84% within a single year. Unstoppable.
As annoying as property taxes are.. I actually think it’s the most legitimate form of tax.
The government owns and protects the land. And it allows citizens to “rent” the land from them via tax.
Compare that to income tax, where they are basically saying they own YOU.
We lost the legal battle for ETH being a security.
Now I support every possible pre-mined shitcoin getting an ETF. All of them.
Ethereum cannot have special privileges.
I want to see Pepe, Dog Wif Hat, Safemoon, and Shiba Inu ETF’s
ASAP.
If it wasn’t for “toxic maximalists,” the
#Bitcoin
blockchain would be 10TB+ in size, proof of stake, and a mutable monetary supply.
Keep the toxicity going.
What Saylor suggested Musk should do:
Convert USD balance sheet to BTC and chill
What Musk actually did:
Bought some BTC, starting fudding it for some reason, and then panic dumped most of it below $30k.
🤡🤡🤡
@elonmusk
If you want to do your shareholders a $100 billion favor, convert the $TSLA balance sheet from USD to
#BTC
. Other firms on the S&P 500 would follow your lead & in time it would grow to become a $1 trillion favor.
According to
@bitinfocharts
, Google Trends for
#Bitcoin
is now back to 2015 levels (when Bitcoin was $200).
It’s over $50,000 now and the general public couldn’t care less.
Gensler:
-consistently labeled BTC a commodity
-approved spot Bitcoin ETF’s
-went after Ripple
-went after HEX
-went after the Ethereum Foundation
-fought against spot ETH ETF’s
So what exactly is wrong with this guy and why are so many bitcoiners applauding his removal?
This video from 06/06/21 has nearly 9M views and it's hilariously bad.
If you invested $100k into this portfolio, you'd have:
ETH: $40k -> $55.6k
MATIC: $20k -> $8.8k
ADA: $20k -> $5.4k
CTSI: $10k -> $3.2k
LTC: $10k -> $4.7k
Total: $77.7k
Compared to just holding
#BTC
: $190k
Proof that less supply does not equal better.
ETH’s supply has been diminishing for 18 months now, while its price against Bitcoin has only trended lower.
Burning supply does not change the fact that ETH is not fair and neutral money.
Many thought retail would come back after
#Bitcoin
hit new all-time-highs.
I haven’t heard a thing. Still, no one seems to care.
I think we need to see $100k.
Coinbase being the black-swan this cycle would be wild.
Imagine Blackrock, Ark, Bitwise and 4 other ETF’s simultaneously getting rugged. It would be one of the biggest financial blow-ups in history.
And Coinbase is just such a garbage company. Trusting them is foolish.
The fact that Blackrock and Fidelity have already been able to acquire over 125,000
#BTC
while keeping the price under $50k is ludicrous.
Hopefully every person that sold to them has to watch in pain as the price escapes them forever.
This could be the last dip before $100k. Use it to reach your Bitcoin goal:
0.1 = Set for life
0.26 = Guaranteed top 1% globally
1 = Generational wealth
1.5625=10 min of mining power in 2028
6.15 = Eternal riches and big titty bitches
Each one of those big transactions is a jpeg. And each one is paying around $2,000 to inscribe.
Yes, that’s how expensive it’s become to inscribe a single jpeg on
#Bitcoin
.
Stop calling
#Bitcoin
“old technology”. Most people have never even sent a Bitcoin transaction. 99% of people don’t even know what Lightning is.
The only people saying this are trying to sell you their shitcoin.
Top 10 coins from exactly 5 years ago (Jan 18’) and their performance against the dollar since then:
1) BTC: +82.8%
2) ETH: +49.0%
3) XRP: -71.7%
4) BCH: -93.2%
5) ADA: -44.6%
6) LTC: -55.3%
7) XEM: -96.7%
8) NEO: -93.3%
9) EOS: -92.7%
10) XLM: -81.9%
It feels so surreal that today might be the last leap day before the singularity. The world — maybe even the entire solar system — might be unrecognizable by the time we get to February 29th of 2028
At 67k,
#Bitcoin
becomes more valuable than all the silver on Earth.
What took silver thousands of years to accomplish, BTC will surpass in under two decades 🤯
They can always print more fiat.
They can always dig up more gold.
They can always issue more shares.
They can always build more real estate.
They can always create more art.
But they can never make more
#Bitcoin
. 21M forever.
Just sent my girlfriend a payment from CashApp to Strike over
#Lightning
.
#Bitcoin
is finally clicking for her once she realized different apps can send payments to each other.
Open networks for the win 🙌🏻
#Bitcoin
is savings.
$MSTR is investing.
Sometimes, investments pay off and get you more BTC. That’s the reward you get for taking additional risk.
Thanks for coming to my TED talk.
The people that are going to feel the most rugged are those that were told to self custody, but are left with a fraction of their
#BTC
due to all of their UTXO’s being small in an endless high-fee environment.
Over the past year:
BTC +18%
DOGE: -6%
ETH -10%
BNB -30%
MATIC -44%
DOT -48%
SOL -49%
ADA -52%
AVAX -55%
HEX -92%
Shitcoins are robbing you and stealing your
#Bitcoin