Bitcoin’s decentralized framework could, in theory, foster economic stability by reducing reliance on centralized financial systems, potentially easing economic conflicts and contributing to world peace. A more peaceful world might redirect resources toward ambitious goals like becoming a multiplanetary civilization.
Bitcoin always starts its biggest runs like this. It lulls people asleep, seemingly doing nothing for weeks, and then quietly and stealthily begins a steady climb. You look at it one day and then you blink and it’s 30% higher. A lot of normies are going to be shocked in November.
Not sure who needs to hear this, but if you care about being widely liked, you will never be a world class investor. You will be easily co-opted by CEOs and management teams and easily influenced by prevailing narratives that, if believed, will lead to massive underperformance.
If everyone around you is bearish on an idea. Be especially bullish.
Calling it Department of War is the right move. That's exactly what it is. Remember how government likes to call thing the opposite of what they are? Maybe it will now actually make it the Department of Defense.
Microstrategy not getting in to the S&P 500 is super bullish for the longevity of the Bitcoin cycle. If you don’t understand this, you should not be here. Only long term Bitcoin HODLers and advanced investors will make money on a risk adjusted basis.
All the bearishness on Bitcoin Treasuries makes me even more bullish.
The knots vs. core drama will magically disappear once we go parabolic.
COVID was the top. It’s all down hill from there, until we hit bottom.
The nice thing about Bitcoin is, you don't have to like a single person in the "community"
How do turn off autoplay for videos?
Bitcoin is fueled by greed
GN
They wiped out all the levered longs. Next they will come for the levered shorts at $120,000. Same story, different day. $110,000-$112,000 area still holding as strong support. Absolutely nothing has changed. Anyone saying otherwise is an easily tricked fool who deserves to lose.
GM
Bitcoin is $120,000 and no one cares. Most people dropped their kids off to school today, went to work, doomscrolled, ate a bagel and drank 2 coffees and a Red Bull. They paid no attention to BTC. People in crypto are chasing memecoins and ETH Treasury companies. We are so early!
Bitcoin is relaxed and moisturized at $118,800, just over $4,000 from all time highs. There is still almost zero retail euphoria. People are mindlessly scrolling their Instagrams and Tik Toks, doing their 9 to 5s, and complaining about inflation without understanding the cause.
Thank you, Ethereum. We appreciate the push but we will take it from here. See you in December.
Sincerely,
Bitcoin Bulls
gn
GN
