they spread quantum fud not just to push the price down. they’re also going after satoshi coins and lost coins. the goal is to make them permanently inaccessible on the bitcoin network, artificially and unethically shrinking the supply.
group of bitcoin influencers teaming up with big btc sellers to push the price down. same old playbook. shake out plebs, scoop coins cheaper. using the 4 yr cycle and quantum fear to spread fud. they wont be allowed this time.
elon musks net worth is now bigger than 30% of bitcoins total supply. in case if you needed any more proof that we’re still earl. in a rational world that number would be closer to 0.1% or less.
btc is about to enter a golden 2 year run. i’ve never been this bullish on bitcoin. signs are everywhere. the more the price gets compressed, the bigger the breakout will be.
a very simple theory yet it cuts deeper than most people realize. bitcoin’s outcome’s binary. either it trends toward infinity or it collapses to zero. most likely it won’t go to zero and it won’t ever be replaced because any successor would inherit a fatal flaw the moment it’s born. if you can replace money once, you can replace it again, and that destroys all trust, so it’s not about a better tech. hal articulated this very nicely. whats unique about bitcoin is that it has solved that final coordination problem which is the biggest challenge of getting the entire world to agree on a single digital monetary standard that no one can change, no one can remake, and no one can reset. the path is basically one direction.
$6 to $7k moves in a day became normal for bitcoin. remember this was the whole btc price like 5 yrs ago. give it a few years and that same move will happen every half hour.