₿itcoin Umuttur⚡⚡'s avatar
₿itcoin Umuttur⚡⚡
ukarakaya@iris.to
npub1magv...uf6h
☀️ ∞/21M ₿itcoin Get money, buy ₿itcoin/ Not sell ₿itcoin/ The ₿itcoin Standard/ ₿itcoiner/ ₿itcoin Only / DYOR/YTD/WAGMI/ https://mempool.space / HODL #Bitcoin / #nostr / #zap https://bitcoin.org https://bitcoinknots.org ACCELERATE HYPERBITCOINIZATION ⚡Stack Friends Who Stack Sats⚡
When anyone tells you that #Bitcoin is a Ponzi scheme, ask them what the difficulty adjustment is If they can't give you an answer, you can immediately assume that their opinion is irrelevant
One of the benefits of being on a #Bitcoin standard: Instead of hoarding homes and stocks, the wealthy will hoard BTC  Since BTC isn't physical, it doesn't impact people's lifestyle if more of it is held by a small number of people Less BTC in circulation makes BTC more valuable and will lead to lower prices of everything else (because all excess purchasing power will be used to buy BTC) The elite will be incentivized to produce more goods that the consumer wants, as that will be the only way to acquire more Bitcoin When the supply of consumer goods increases, prices automatically come down
I'm a proud buyer of #Bitcoin at any price I bought at $126K But I also bought at $15.7K I plan to keep buying forever, at any price, because I don't want fiat
To anyone selling their #Bitcoin because they think Epstein was Satoshi Thanks for the discount
#Bitcoin is down 45%, from $126K to $70K The drawdowns are brutal in this asset but you can use them to your advantage At $126K, $1 bought you 793 Satoshis At $70K, every dollar you earn buys 1,428 Satoshis Your purchasing power is up 80%! This is why Bitcoiners are always happy Price down = more sats Price up = more purchasing power
“China is too smart to care about Bitcoin,” says Peter Schiff. Yes, centralized power loves centralized assets. That part checks out.
JUST IN: The odds that Bitcoin and crypto market structure legislation gets signed into law this year surge to over 70% — Polymarket 🇺🇸 🚀
If you don't understand #Bitcoin, every dip will feel like a collapse Every time the price falls from an all time high, you'll think: "It's over. Time to sell everything. I've already lost 10%-60% and I'm not willing to risk the rest." This is why I tell everyone to study Bitcoin Most people probably shouldn't buy Bitcoin before they understand AT LEAST the absolute basics of what it is Once you understand how Bitcoin works, you start seeing any dips as an opportunity Compared to 4 months ago, today you can buy more Bitcoin for every unit of currency you spend Once you start seeing dips in Bitcoin's price as a GOOD thing for you and your family, you finally understand it Some basics that you NEED to know: - Minimum holding period: 4 years - Maximum supply: 21 million BTC - Nobody can stop Bitcoin - Bitcoin can be valued in anything (currency, good, or service) - Bitcoin doesn't have a physical form - Bitcoin can be accessed and purchased from anywhere as long as you have an internet connection - Governments cannot regulate Bitcoin's use - Price is determined at the margin; a small number of sellers can trigger a massive melt-down and a small number of buyers can trigger a massive melt-up - Bitcoin has no physical utility - Bitcoin is designed to be the world reserve asset - Anybody can access and audit a copy of the Bitcoin ledger - You don't need to buy a whole Bitcoin - each one can be split into 100,000,000 units - Borrowing against your Bitcoin is risky - make sure you understand the risks - 99.9999999% of altcoins are just copies of Bitcoin with a smaller network and a small change - House prices will fall forever in terms of Bitcoin - Volatility will continue forever, so get used to it - Bitcoin will be worth $100,000, then $1,000,000, then $10,000,000, then $100,000,000, etc - You should never sell your Bitcoin to "take profits" because the price will always go higher in terms of dollars
When there's not enough Bitcoin for sale, billionaires will offer ANYTHING to own some. You'll be able to get: - Houses for 0.01 BTC - Cars for 0.001 BTC - A month of groceries for 0.00001 BTC They will give you everything you need... Because YOU have what THEY want.
If so many people are scared about #Bitcoin falling from $126K to $74K Imagine how much worse it'll be when Bitcoin crashes from $1.74M to $918K
NAYIB BUKELE: "If the government can print unlimited amounts of money out of thin air, why do they collect taxes?"
🇺🇸 The US dollar is one of the strongest currencies of the past 100+ years. Yet it has lost 97% of its purchasing power since 1913 👀 image