IMPORTANT #Bitcoin RESOURCES:
There are really only 3 "rules" to #Bitcoin:
1. Buy #Bitcoin.
2. Shut the f*** up.
3. Get fabulously wealthy.
Following are my favourite resources for anyone to understand #Bitcoin
1. The True Opportunity of #Bitcoin:
The US Government is about to put a 200,000 #Bitcoin yearly buy order into the market.
Valued at $14bn per annum or $57.4m of daily purchasing.
Add this to MSTRโs daily purchase of $20.4m a day.
And you have a combined daily โfloorโ - buy at any level - price of $77.8m per
I have a guy I met here in Dubai, who has $4m in Bitcoin in cold storage.
And struggles to earn money (roughly $15,000 a month) through consulting and coding to make sure he HODL's his stack and doesn't need to sell.
His family literally lives a sub-par life despite being a
Iโm speechless.
Woke up to this.
Never thought #Bitcoin would be this front and centre of a US presidential election at this stage.
This is the power of network effects and distributed ownership.
~16% of Americans own #Bitcoin according to Trump.
Thatโs almost more than any
This is speculation but there has to be some #Bitcoin manipulation going on by @coinbase here.
How can you have 4 years to prepare your systems.
Have the majority of the demand coming from institutions.
And still the server crashes every time we breach all time high?
Here's
I have ridden #Bitcoin from
5k
to 64k
to 34k
to 69k
to 15.5k
back up to 74k.
Without selling a single Satoshi.
This right here, right now, is the most bullish Iโve ever been.
Okay, had an hour to parse through the Bitcoin Strategic Reserve EO after waking up here in ๐ฆ๐ช.
Hereโs what weโve had:
1. Clear separation between Strategic Bitcoin Reserve and Shitcoin Stockpile.
2. SBR can acquire more assets, the Shitcoin Stockpile will only hold seized
The $42 Billion "Saylor Put" on spot #Bitcoin, will impact market like this:
Bookmark this and let's see if the year works out like this.
Saylor is clearly running through this in a year, not 3 years. They've used $7bn in 2 weeks.
So assuming that is the pace, $42 Billion
For anyone wondering, #Bitcoin price has not moved because:
1. Leverage was wiped out yesterday.
2. Everyone who wanted in before ETF, seems to be in.
3. Only after 9.30am tomorrow can the ETFโs actually start accepting capital and thus start acquiring #Bitcoin.
Just because