as far as I can tell it is just FUDDefinitely Not A Cop said:
Is there any specific reason behind this latest buying opportunity?
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Last: 4 hrs ago by Heineken-Ashi
Definitely Not A Cop said:
Is there any specific reason behind this latest buying opportunity?
Supposedly due to Mt Gox and Germany selling Bitcoin.
https://markets.businessinsider.com/news/currencies/bitcoin-price-decline-mt-gox-payout-german-us-government-selling-2024-7
As for fundamentals, nothing has really changed, a ton long open interest got liquidated, which accelerated the decline. There is about $12B in short open interest which will probably get squeezed and shoot us past ATH. Will be I teresting to see that play out.
increasing DCA slightly. will get aggressive in the 40s if we get there.
man BTC up 6.1% today and $4000
we are back baby!
we are back baby!
Eth ETF goes live tomorrow? Send it
Trump announces idea of forming a Bitcoin reserve.
Not sure what happened to the thread in the politics board, I'm assuming AE got salty.
Not sure what happened to the thread in the politics board, I'm assuming AE got salty.
also JD vance personally owns between $100k - $250k of bitcoin according to his 2023 financial disclosure.
I posted the thread, and it got deleted. No comments from moderators. Have asked for clarity, low expectations.
Exp wrote a new thread.
The announcement is alleged to happen at bitcoin2024 in Nashville this coming weekend.
Exp wrote a new thread.
The announcement is alleged to happen at bitcoin2024 in Nashville this coming weekend.
Ethereum ETF has gone live. Eth been total dog**** this year but maybe this will be the catalyst.
Nuvola digital
Cross chain DePin utility and really good tokenomics. Imo, when this truly runs retail won't be able to catch up.
Cross chain DePin utility and really good tokenomics. Imo, when this truly runs retail won't be able to catch up.
There it is.
Trump
"When I am president the United States will keep 100% of the BTC it owns and it will act as a reserve."
Trump
"When I am president the United States will keep 100% of the BTC it owns and it will act as a reserve."
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)
Also, "Good luck with your bitcoin and crypto and everything else you're playing with"
God bless this man, he is who he is.
God bless this man, he is who he is.
Trump needs to get RFK JR into his BTC advisory team. Trump's speech was good but missed some of the in-depth details that RFK's had. No matter though, the BTC reserve thing is on the agenda and surely you'll have folks like Cynthia Lummins pushing the bills that Trump will eventually support.
First matter of business is transferring those 200k coins from the Dept of Justice to the Treasury.
First matter of business is transferring those 200k coins from the Dept of Justice to the Treasury.
Let's make it happen.
🚨🇺🇸 BREAKING: U.S. SENATOR INTRODUCES REVOLUTIONARY BILL FOR BITCOIN RESERVE
— Mario Nawfal (@MarioNawfal) July 27, 2024
US Senator Cynthia Lummis officially introduced a bill to create a Bitcoin strategic reserve.
The plan includes purchasing 1 million BTC worth $68 billion over a five-year period.
Senator Lummis aims… pic.twitter.com/yc3oc7d8xf
"We're from the government and we're here to help BTC"
$68 billion is a drop in the bucket to this government. Shoot, that's mere percentage points of what the US has pissed away in Ukraine since 2022.
People think I'm an idiot or something, because all I do is cut lawns for a living.
carl spacklers hat said:
$68 billion is a drop in the bucket to this government. Shoot, that's mere percentage points of what the US has pissed away in Ukraine since 2022.
You are looking at and analyzing the wrong number. The number you need to be focused on is 1 million.
1 million BTC is 1/18th the supply. That plus what is already owned is substantial, very substantial.
LatinAggie1997 said:carl spacklers hat said:
$68 billion is a drop in the bucket to this government. Shoot, that's mere percentage points of what the US has pissed away in Ukraine since 2022.
You are looking at and analyzing the wrong number. The number you need to be focused on is 1 million.
1 million BTC is 1/18th the supply. That plus what is already owned is substantial, very substantial.
Even bigger than that imo would be the simple fact that the US government is that invested
tysker said:
"We're from the government and we're here to help BTC"
"We're from the government and we're here use BTC to our advantage, just like every other government, institution, business and individual has the right to do"
Oh, I am aware of the 1 MM BTC number. My point is that acquiring 1 MM BTC for the exchange of $68B in fiat is a heck of a deal! Especially given the way the US Government pisses away taxpayer money.LatinAggie1997 said:carl spacklers hat said:
$68 billion is a drop in the bucket to this government. Shoot, that's mere percentage points of what the US has pissed away in Ukraine since 2022.
You are looking at and analyzing the wrong number. The number you need to be focused on is 1 million.
1 million BTC is 1/18th the supply. That plus what is already owned is substantial, very substantial.
People think I'm an idiot or something, because all I do is cut lawns for a living.
Agreed.
Kudos to @BitcoinMagazine for just uploading @saylor’s Keynote to YT from Bitcoin Conference 2024 in Nashville, INCLUDING the slides in high quality.
— Dr. K (@TheMatrixDr) July 31, 2024
Much appreciated! pic.twitter.com/4VWxOQpd1y
BTC down to $57k, how low do you think we go?
$53ish
If we get $48-$50k I'm dumping significant cash in. If we get $42k and it can show signs of that being a bottom I'll add even more. Below $38k and I turn bearish.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)
Doubt we go below $56k with Morgan Stanley allowing advisors to sell ETFs tp high net worth clients beginning this week.
the lower it goes the higher my DCA goes. been following closely since 2017 so i have seen multiple 50%-80% drawdowns. i simply bet more and do not sell.
Massive dump.
Bitcoin dropping fast!
$54.2K
$54.2K
Grabbed all the liquidity down at $52k and heading back up
Manufactured global panic. Buying this level of panic has always been immensely profitable.
Buying BTC and SOL here
Buying BTC and SOL here
Arthur saying Jump got blown out and dumped everything
This dump will likely demonstrate the tokens with sound fundamentals and tokenomics. A fixed supply that can't change will be ignored by those witnessing their bags depleted by the creation of more tokens. Reliability, security, and governance will be hot topics on the other side of this crash amongst those that are sapient enough to see past "wen go up" and "when lambo?".
I am only buying BTC and CNTs.
ADA, Nuvola, Iagon, OrcFax, and Gero.
Those had higher importance over my other CNTs. Small MC, great tokenomics, and utility.
ADA, Nuvola, Iagon, OrcFax, and Gero.
Those had higher importance over my other CNTs. Small MC, great tokenomics, and utility.
No XRP?
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