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Bitcoin is digital gold. reddit.com/r/bitcoin
HISTORY: 🟠 In 2009 Hal Finney predicted $10M per #Bitcoin 🔥
He divided the world's wealth by 20 million (assuming satoshi's coins would never move).
JUST IN: 🟠 Bitwise shows graph on how Bitcoin is the best-performing asset 📈
There is no second best.
“Gold can’t achieve transaction finality without the help of a government or central party.”
- Jack Mallers calmly destroying Peter Schiff 🔥
JUST IN: 🇯🇵 Japanese Public company Metaplanet buys another ¥300 million worth of #Bitcoin 🔥
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NEW: 🟠 Michael Saylor compares #Bitcoin to Apple in 2011, saying it makes no sense to trade when you know it will go up by a factor of 100 🙌
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JUST IN: 🇯🇵 Japan's largest power company TEPCO is mining #Bitcoin using surplus energy ⚡️
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FYI: 🟠 Bitcoin is still up 113% in the last year 💅
Bears in disbelief
NEW: 🟠 Michael Saylor says Bitcoin is going to $13 million on CNBC 👀
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JUST IN: 🟠 $725 billion Bernstein says if Trump is re-elected #Bitcoin may reach $90,000 by this year 👀
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“You buy and HODL #Bitcoin. Keep those diamond hands.”
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“THIS IS THE WORST #BITCOIN CYCLE EVER!” 😭
NOPE!
• In 2016, 20,200 ₿itcoin ₿locks after the halving, ₿itcoin was struggling near the red-line floor/support. This was a worse scenario.
• In 2020, 20,200 ₿itcoin ₿locks after the halving, ₿itcoin was between green-line linear-regression and red-line floor/support. Same as today.
• Today, in 2024, 20,200 ₿itcoin ₿locks after the halving, just like in 2020, ₿itcoin is between green-line linear-regression and red-line floor/support.
By John Osterman
NEW: 🇺🇸 A new report from River, a Bitcoin fintech company, predicts that 10% of U.S.-based companies will convert 1.5% of their treasury reserves—equating to roughly $10.35 billion—into #Bitcoin over the next 18 months 👀
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🟠 Giant #Bitcoin logo projected in the German Parliament 🇩🇪
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JACK MALLERS: 🟠 Bitcoin is the exit door, a way to protect yourself from government-induced currency debasement." 💯
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"Anybody who has zero #Bitcoin is really missing the most asymmetric bet that I have ever seen."
- Lawrence Lepard
🇺🇸 Careers In Government partners with the Proof of Workforce Foundation to integrate #Bitcoin into public sector jobs 👀
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JUST IN: 🟠 A solo miner just mined a block claiming 3.169 #Bitcoin worth $181,143 🙌
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NEW: 🟠 Holding ≥0.1 #Bitcoin puts you in the top 8.44% of all HODLers 💪
Keep stacking! 🫡
Japan's largest power company, TEPCO, is mining Bitcoin with surplus renewable energy, reducing waste and boosting green investments. 🇯🇵🌱⚡
📰 https://btctimes.com/japans-leading-energy-provider-tepco-begins-mining-bitcoin-with-renewable-energy-sources/
📣 https://x.com/btc/status/1833201202294648875
Australia's Monochrome Bitcoin ETF (IBTC) partners with Hoseki to introduce daily proof-of-reserves, becoming the first in the country to do so! 🇦🇺
📰 https://btctimes.com/australian-bitcoin-etf-partners-with-hoseki-to-introduce-proof-of-reserves/
📣 https://x.com/btc/status/1833185874374201748
NEW: 🟠 Bitfinex Securities celebrates its 3-year anniversary 🎉
They went from tokenizing its first security with Blockstream to launching the first fully tokenized bond with MIkro Kapital.
Bitfinex Securities now issues a new tokenised security every month!
It's easy to point fingers and say "he was lucky!" but who's willing to buy Bitcoin at 52k after having bought at 73k and hodling for 8+ years?
Food for thought.
This is what's happening in our society right now. Pay attention.
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"Altcoins inevitably lead to some form of blowup."
- Samson Mow
FUN FACT: 🇸🇻 El Salvador adopted #Bitcoin as legal tender 3 years ago today 🙌
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GREG FOSS: 🟠 “Bitcoin is being traded as a risk asset, when in fact #btc is “protection” or insurance.” 💪
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🟢 Green vertical lines: days where the #bitcoin price has only ever gone up since then
🔴 Red vertical lines: days where the price has only ever gone down since then
Seems like mostly green lines to me.