I used to get really angry when people would criticize #Bitcoin .
Now I literally don't care. I look at them, smile and say ok.
That's how confident I am.
How do you react to criticism these days? Is it worth the effort to get into a fight, or hfsp is enough?
Hustler.21
npub17rkn...23w8
Escape the Matrix.
#Bitcoin
What is your plan if nuclear war starts?
#Nostr #Plebchain #Plebs #Bitcoin #Sats #Zapathon
@Gigi
Großartiger Auftritt bei der Bitcoin Doku!
Everidai
#Bitcoin


Gm frens
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#Bitcoin
When my kids gets older I want to tell them that I took part in saving the world from blood thirsty Central Bankers by holding my #bitcoin in cold storage. What will you tell your kids/grandkids when they get older?
It's almost 2024 and still nobody knows why Ethereum, Cardano or Ripple exists.
#bitcoin only.
The most difficult part of the cycle is here.
If you played your cards well, you will have filled up quality bags by now. Hold on tight.
With everything starting to move, sticking to the plan will become infinitely harder.
Do not fall for the FOMO. Do NOT overtrade.
#Bitcoin
10 million #sats is becoming the new 1 #BTC
Let's see what another #Bitcoin cycle brings.
#Hodl #Zapathon #Sats #Bitcoin #plebchain
What are your favorite movies over the past five years?
Send Sats⚡⚡⚡⚡
#Hodl #Zapathon #Sats #Bitcoin #plebchain
#Bitcoin


Ok, I've been doing some math, and my mind is officially blown. I don't think any of us are bullish enough on #BTC . Let's dive in. 👇
Monday's $3,000 BTC candle was a sign of what's to come. Several sources of demand converged onto BTC in a short window of time and caused the price to break out to its highest level in 15 months.
The known sources of estimated demand are:
- Daily buying pressure of $25m per day who soak up the daily issuance of new coins hitting the market.
- Market makers who were short futures and needed to own spot BTC to remain delta neutral. They represented $250m in shorts liquidated (aka rekt).
- $43m in demand from the likes of BlackRock, Fidelity and the gang seeding their spot ETFs.
All together that comes to $325m of demand which pushed price up $3,000 per BTC. The market cap of Bitcoin increased by $63 billion dollars from a few hundred million invested. The multiplier on that is 193x! That means that BTC's market cap increases by $193 for ever $1 invested in the coin. I have heard people talking about this multiplier effect, but it doesn't hit home until you run the numbers yourself.
Now, for the fun part. 👇
Blackrock estimates that $200 billion dollars will flow into Bitcoin from Blackrock's iShares ETF (ticker iBTC) and others in the first 3 years. That amount of demand, if spread evenly over 3 years would come to $183m per day excluding all other sources of demand. Multiply $183m by 193 and the Bitcoin market cap grows by $35 billion dollars per day. In terms of price, that would be about $1700 of price appreciation per BTC, per day. After 3 years, the BTC price would be over $2,000,000 from spot ETF demand alone.
The really mind-boggling part is that I excluded everything else that would also be bullish for BTC. Daily buying pressure could be far greater than what will come from the ETFs. I haven't accounted for the halving, nor the demand from sources other than the ETFs, nor the next nation state(s) to adopt BTC, nor the FOMO from retail investors, nor the next class of Bitcoiners from all walks of life.
Bitcoiners are known to be bullish. But most of us are nowhere near bullish enough.
#Bitcoin #Hodl #Reddit #Plebchain
#Bitcoin


Sell your
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and buy #Bitcoin .
And send me Sats.
#foodstr


Gm Plebs
#Plebs #Plebchain
He started off saying Gold is the best most private money, then when I said “try flying with $10.1k Gold, he said he’d liquidate convert to #Bitcoin and fly 😂😱😂😱😂
@goldseek is a closet #Bitcoin -er.
Don’t tell all the Gold bugs.
It’ll ruin the mystique & fuck up the Gold bar profits.
#Bitcoin


There are only 21 million #Bitcoin .
4 million +/- are lost forever.
Each #Bitcoin is broken down into 100,000,000 units.
Those units (like pennies to a dollar) are called Satoshi (sats for short)
You can buy 1/100,000,000 of a bitcoin or a full bitcoin. Your choice.
You need a wallet to hold your #Bitcoin .
The wallet gives you access to the decentralized ledger that keeps the historical record of all the #Bitcoin .
Your private seed phrase is the key to the bitcoin regardless of the wallet.
Not your keys, not your #Bitcoin .
Study #Bitcoin .
Plebs should be happy that the #bitcoin ETF is delayed. After it’s approved we’ll never be able to stack at these levels again. Enjoy it!