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Btc sailing. Bloomberg Terminal has switched its scale to show Bitcoin in Millions. It's currently 0.116M for one Bitcoin

Going to have to explain this one to me.

Markets rely on psychology as much as math. No one says their whole strategy is based on Satoshi’s coins staying dormant, but those coins have been untouched for 15+ years and are generally treated as lost. That absolutely affects perceived circulating supply and investor confidence. If those...

Because it would destroy the core assumption that those coins are permanently dormant. None of the coins attributed to Satoshi have *ever* been spent or moved. The sudden availability of up to 1 million BTC (about 5% of total supply) could trigger panic selling, crash the price, and undermine...

I've been saying this for a long time. A whole lot of assumptions are being made- including that Satoshi is actually dead. No one even know who Satoshi was (is)- how could they possibly know he is (they are) dead?? Events like this show some people have the patience to sit on huge piles of...

I asked Rogean a long, long time ago when he was still posting on these boards (or the original foh board, as it was back then). I suggested that they open a new server every few years and combine old servers. Keeps things fresh and there's always a new or newish server to play on but no one...

I.e. plenty of time to transition away from the dollar. Agree that we aren't facing imminent collapse, but we are going to get a snowball effect as more people realize this and we drift into an autocatalytic cycle. This is especially true as it becomes more obvious that there is an easy...

Pretty much a pattern at this point- like I was saying in the other thread. Instinct tells me there's some fuckery going on in the lag between normal stock market hours and the 24 hour crypto cycle.

Yeah no shit. Micro city management is for the birds. What a pain in the ass trying to keep ungrateful citizens happy all day. I'm going to build you a fucking temple, keep you from living in squalor with sewers, give you plenty of food from farms, and you're still going to hate me. No thanks.

Kind of sad how many games I've outgrown. For a long time I thought the newer games were just bad, but then I realized most of them were fine and I just didn't enjoy that kind of gameplay anymore. Still a gamer, but the games I enjoy have just really narrowed these days. I can usually only...

Can't buy the underlying asset yet in retirement accounts

I've tried to scoop up the BTC ETFs after several weekend dips, but the price always seems to recover by Monday.

If the dip holds or extends into Mon i will 100% be buying fbtc.

Couldn't agree more, actually. As ridiculous as I find maxis, we wouldn't be where we are without them. You can't turn something without clear intrinsic value into the world's best store of value without absolute bedrock levels of faith from a large number of people. I still like to give...

Disappointing. I come here largely for your fanaticism.

Liquidated all my holdings except FBTC and FETH at about 1p this afternoon, after reports of an imminent strike on Iran by Israel seemed credible. Oh, I did buy the dip on GME. Probably going to regret that one 🤦‍♂️.

Wrong thread!

Ofc. This is ONE of the reasons why BTC was never going to be the day to day common currency. It doesn't need to be. BTC's value is as an appreciating store of wealth. Is it a hedge? Yes. Is it a life raft against fiat debasement? Absolutely. Are you going to go into a 7-11 to buy a...

So... are they going to need to put scales and xrf analyzers next to cash registers in all FL stores now? Seems dumb.

Yeah it was several years ago. I saw you moved into the space with the ETFs, but i didn't know you were holding the actual asset.

I hesitate to even ask you anything about btc, since you've previously made it clear in several occasions that you aren't a fan. Not sure if you've changed your mind- but isn't your entire post pretty much an advertisement for bitcoin?

Eh, maybe I'll watch ep2 then. Was pretty underwhelmed with ep1. Stale dialog, half-hearted acting, predictable plot points. Didn't really grab me at all tbh. These days I need to feel compelled to watch a second episode in a series and I definitely didn't feel compelled in this case. I...

Yeah, definitely wish I had found the M2 correlation chart earlier lol.

And there it is- new BTC ATH :emoji_fire:

I could be very wrong but it feels like things are about to start moving very quickly

Everybody, you know what to do...

If Gemini is any indication of Google ai, you'd have to pay ME 250 a month to use it.

Also (another) reason not to keep assets sitting in an exchange. If they pull account balances to target lucrative targets, you don't want to be on that list.

Meh

Meh

I got a weird text on my personal phone early last week telling me there was an attempted withdraw from my Coinbase account and if I didn't authorize it I needed to call X number immediately. Obviously, since I'm not a boomer or an idiot I didn't call, but I'm not surprised to hear there was a...

This is the correct take. The names and titles may change, but there will always be an elite few that control the plebs, to one extent or another. It's just the way humans work. Doesn't mean bitcoin won't be valuable- it obviously already is- but the idea that it's going to be the one and...

The global stock markets handle something like a billion transactions per day during peak times (300m-500m normally). I think SOL is the fastest and they can do 65k tps, but they start having stability problems at that point. There are definitely more technically savvy people here who could...

He may not have had all the details right, but his main point is still applicable. The current system is antiquated, overly complicated, bloated with middle men, opaque, and very much rigged to benefit an entire class of people who came into being by preying on retail (Joe Blow) investors. The...