The Gi₿sy Dog From Snatch's avatar
The Gi₿sy Dog From Snatch
npub1mum6...jne6
Bitcoiner. ₿ #Bitcoin only since 2018. Stay humble. Stack Sats.
been here for a long time, never ever thought I’d see such a sentiment like this at a 98-99K #BTC it’s truly insane.
Remember January 2021? I do. I was there. #Bitcoin plunged 31% in a matter of weeks. And everyone was asking: Was that is? Was that the end? After breaking through the previous ATH, BTC went parabolic all the way to $42,000. And as it plunged back to $28,800, people thought it might have been over. A blow off top. Down 31%. That was a proper dip. People were scared. BlackRock wasn't buying billions. The incoming president wasn't surrounded by raging Bitcoin bulls. Nor was he planning to pump his own crypto bags. There was nary a whisper of a strategic Bitcoin reserve. But still the hodlers hodled. With little more than the catchy beat of a visually impaired Turkish drummer and his head-bobbing cat to keep them going. But that was 2021. Back when men were men. Well... SOME men were men. I digress. The point is, if you're scared now at $95,000 you will be absolutely terrified at $74,500. But if you panic sell at any point in this bull run, only one thing is certain: You'll never reach the promised land of seven figure Bitcoin. The only people who make it are the ones who survive many dips. They will earn their superhuman returns. Will you?
You may like Andrew Tate, or hate him. He may be a scammer. But he says the whole truth in this video about the Normies and #Bitcoin.
Hi #Nostr Can anyone give me a concrete equivalent of the actual Hashrate in Energy consumption? #Bitcoin is backed by energy. So what does 720 EH/s mean in terms of nuclear centrala for instance? Thank you #Plebs #AskNostr
Bitcoin is better than gold in every way. Therefore, it shows how early we are when Gold is still x10 larger than Bitcoin. I believe we will flip gold in 2025 which will put 1 BTC at around $1M.
In the fiat world, today's enough is tomorrow's poverty. In the #Bitcoin world, today's poverty is tomorrow's enough
How much Bitcoin is enough? Every Bitcoiner grapples with this question on their stacking journey. I'm going to give you numbers. But first you have to understand that if you have ANY Bitcoin, you have more than ~93% of the entire world. Bitcoin is on a journey to become the dominant store of value asset. Meaning that the vast majority of the world still needs exposure. If we split up the ~17 million available coins equally amongst ever person on earth, we get a maximum of 0.002125 BTC, or 212,500 Satoshis per person. Acquiring your equal share costs $212 today. But of course, the 17 million coins will never be split equally. And increasingly coins aren't even held by individuals. They're held by governments, insurance funds, corporations, etc. The entities that understand Bitcoin are locking up coins for decades to come. Meaning the available supply that an individual can get their hands on is shrinking rapidly. Why does all this matter? Because Bitcoin isn't like other assets. The concept of "enough" in the Bitcoin world is entirely different than the fiat world. In the fiat world, today's enough is tomorrow's poverty. In the Bitcoin world, today's poverty is tomorrow's enough. Even a small amount of BTC today will be seen as a fortune in the future. Now, onto the numbers. Here are some meaningful targets on the Bitcoiner's journey: 0.001 - Get off zero. 0.01 - Six-Figs of Sats 0.1 - Satoshi millionaire 0.21 - Future legend 0.5 - Half-Coiner 1 - Whole-Coiner 2 - Multi-Coiner 6.15 - IYKYK 10 - Satoshi Billionaire 21 - The most beautiful target. 42 - Double 21. Answer to everything. 100 - Satoshi deca-billionaire. 1000 - Satoshi centi-billionaire. 10,000 - Satoshi Trillionaire. 1,000,000 - Satoshi Stack. Here's the crazy part: Every single one of these numbers is enough if you wait long enough. But in the meantime, your job is to climb up this scale as quickly as you can. And it gets harder by the day. The amount of value you need to create to hit these targets gets drastically higher as time goes on. You can either use that as motivation to find ways to create value at scale, or you can find solace in the fact that you stacked as hard as you could while the world was still waking up to Bitcoin. How you react is up to you. If you are stacking now and staying cash-flow positive, then you will have enough Bitcoin in the long run. If you have less than a whole coin, you should still be in hardcore stack mode, taking full advantage of Bitcoin still being severely underpriced. If you have a whole coin, congratulations. You have made exceptional life choices and set your family up for generations. But you should keep working hard to protect the coin and add to your stack. Don't rest on your laurels. If you have 10 coins, you will likely have the ability to very comfortably "retire" within 5 years if you want to. Stay focused, you're in fantastic shape. If you have >21 coins, you should be trying to figure out how you are going to use your wealth to maximize your family's life enjoyment and long-term wealth. Most of all, make sure you aren't discounting your time. More Bitcoin is always better, but never forget that your time is scarcer than Bitcoin. And you never know how much time you have left. The digits on the screen are nothing without the quality moments spent with family and friends in the real world. To some, $2.1 million in fiat may not sound like enough for an early quality retirement. But when it's in an asset growing at 40-50% CAGR you should realize that you have greater financial freedom than you may think. And if $2.1 million sounds like a fortune to you, just keep stacking, find ways to add more value, and remain focused on the long term. One day you'll wake up and smile as you realize you surpassed that amount. Believe it and you will. #Bitcoin #Nostr
👏👏👏👏👏👏 👏 WITHDRAW 👏 👏YOUR👏 👏BITCOIN👏 👏FROM👏 👏EXCHANGES👏 👏👏👏👏👏👏
My Cousin has seen me totally transform my life with #Bitcoin and has never even bothered to ask a single question about it
WHAT IF a quantum computer were able to compute SHA256 faster than the entire world's supply of current mining hashpower (750 exahash)... ...and let's say it was able to mine one block per min. In just 33 hours, 6,300 #Bitcoin would be mined. Then the difficulty would adjust back to a 10 min target. That same quantum computer would now take 2 weeks to mine 2000 blocks - same as before it existed. This is how Satoshi designed it. Bitcoin automatically adapts.