Adam Simecka
@AdamSimecka
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Recovering sinner. #Bitcoin only. 2X founder @MannaBitcoin & @HandsFreeBTC Stackchain #2149 #npub1nv5c7sj2zxtjv7uayp2q2mneymm39mfp93wjhl5287y6yp6ey02qrsjhcn
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Joined January 2010
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We got to $58k without the ETFs.
Now, they come on the scene, buy more bitcoin than any other single entity on earth, and the price basically doesn't move?
I'm calling BS.
Sorry. Coinbase is issuing paper bitcoin, and I'm done pretending they aren't.
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Getting rich from Bitcoin is much less about timing the market and much more about how long you can pretend to be poor.
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Bitcoin doesn't win when it reaches $(x).
Bitcoin wins when you can send a transaction to anyone in the world at any time without approval from anyone else.
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The US military can't mine Bitcoin because none of the ASICs are made in the US.
*Intel has entered the chat*
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Is it just me, or has Terra recently bought significantly more bitcoin than the total amount of liquidity without moving the market price?
Something just isn't adding up, here.
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I am predicting a $100K price for
#bitcoin
by the end of February 8th 2024.
This is with, or without, a spot ₿ ETF approval from the SEC. Here is why I think this is likely, and something that you may not be considering.
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If
@MichaelDell
and
@Dell
don't announce conversion of cash reserves to
#Bitcoin
by the Q1 2025 earnings call, I'm selling all of my $Dell stock and buying $MSTR. I don't like watching my shareholder value diminish.
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Some of you all don't want to hear this, but there is claim to much more than 21M bitcoin right now.
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Bitcoin might not be the answer. Let me explain to you why fiat is actually better for humanity. (1/9)🧵
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Freedom-loving truckers are exactly who I want learning about Bitcoin right now.
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We wouldn't be at 34k if yall didn't get tricked into buying paper bitcoin.
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I have run a Bitcoin mining company for 4 years now, so believe me when I tell you this.
If anyone ever mentions "cloud mining"... RUN!
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I no longer trust Saylor.
Either you understand that trying to generate a 5% yield on bitcoin is a terrible (and highly improbable) idea, or you don't understand why bitcoin is outperforming every other asset.
He's either lying or dumb.
Neither are reassuring as a shareholder.
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Saylor thinks you are a paranoid crypto anarchist if you hold your own keys and don't trust the government. 😏
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Bank of England on the Brink of Third Bailout for Banks
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Did you know that if you are a married couple that files their taxes jointly, you can live off of up to $94,050 of your bitcoin without paying any capital gains tax?
Yes, this is true. Completely tax free.
Consult your tax professional for more details.
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I just spoke with a Fidelity employee, and they told me they expect a direct "crypto" product to be offered to their employer customers in conjunction with their 401K product. Presumably, it will be offered inside of a 401K upon the discretion of the employer.
Estimated Q1 2024.
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If you are wondering why $MSTR is outperforming every asset on earth right now, or how high the NAV premium can go, let me paint a picture for you.
I have a 401K retirement account, as do 70M others, with $7.4T in assets. 92% of those have employer-matched contributions.
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1% of the global population fighting over 93% of the bitcoin supply got us to $38K. What does the other 99% of the population fighting over the final 7% of the coins get us to?
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Summary of the Cathy Wood/Elon Musk conversation on
#Bitcoin
:
Cathy: "What do you think about Bitcoin?"
Elon: "I don't."
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"bItCoIn Is FoR wHiTe, MaLe, rAcIsT, rIgHt-WiNg ExTrEmEsTs ThAt MaRgInAlIzE mInOrItIeS."
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My wife: "Did you spend all of our money on Bitcoins?"
Me:
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Before you put half of your net worth into Bitcoin mining stocks, take $200 and buy yourself an S9. Once you set it up and mine yourself, you will clearly see and understand the economics of bitcoin mining. And then, you will see how idiotic it is to buy ₿ miner stocks.
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I'm sorry. I have to take a hard stance against those who say that spending bitcoin isn't important.
The cold, hard truth is; if you don't have a network of vendors around you that accept ₿ as payment, Bitcoin will NOT save you from a CBDC.
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This 6-year-old Bitcoin miner runs outside in the elements completely for free.
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Wow. Not only did
@strike
rebuild their business model and software to fix the issue in less than 3 days, they also gave me a credit out of their own pockets for the money I lost.
The issue wasn't even their fault. Yet they owned it.
I'm blown away. This is a great company.
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"...in other words, 'we made SARS.'" - Dr. David Martin
This video has been "shadowbanned", for obvious reasons. You can't find it by searching through Google or YouTube. Of course, it's been labeled as misinformation. Make up your own mind.
Full video:
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It's a total shot-in-the-dark. But, I have this sneaking suspicion, a gut feeling, that Mexico will be making Bitcoin legal tender and that it is going to be announced at the Bitcoin Miami conference in April in the same fashion El Salvador was. Based on nothing but speculation.
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Bitcoin maxis are ruthless. They jump at every attempt to dismiss any argument anyone tries to make for other use cases. They are intolerant and won't change their mind no matter what. They immediately call anything that isn't Bitcoin, a scam.
And that's why I love you.
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Can someone tell me how this isn't just fiat with extra steps?
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Might lose some respect for this, but I'm looking into a token that has as much promise as Bitcoin. I'm probably going to be buying a lot of it.
You can currently pick up more than 3,000 tokens for just $1.
It's called sats and you should check it out.
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How well do you know Bitcoin? Can you answer all of these questions without looking them up?
Q1:
What does "SHA", in SHA-256, stand for?
Satoshi-Hal Account
243
Standard Hash Algorithm
3790
Secret Handshake Assembly
263
Secure Hash Algorithm
8396
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If it wasn't for Bitcoin, I'd still be eating seed oils, high fructose corn syrup, and soy.
Thank you.
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I'm really tired of masculine females and feminine males. I can't watch shows or movies anymore. Everyone is gay or gender confused. There is always some kind of propaganda being shoved down my throat.
I can only tolerate old movies and shows now.
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If you are under 40 years old, I believe the odds of being able to retire on 0.1 ₿ are very high.
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When you were supposed to get the NPC programming, but your homeboy swapped it out for an orange pill and saved you.
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In order to reduce my carbon emissions, I vow to only use zero-emissions, electric bitcoin miners.
Electric really is the future. I encourage anyone that actually cares about our planet to also use electric bitcoin miners.
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I rescind my statements I made about
@saylor
yesterday.
After a day of reflecting on the subject, I have changed my mind.
Although I'd never personally use the product, I can see a use for a yield-generating account for bitcoin as long as it's backed by a special FDIC policy.
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The Bitcoin ETF will be the first ETF that has ever been backed by an asset with an absolutely inelastic supply. No one is ready for this.
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If ₿ hits $1M, I might buy one of those insanely overpriced conference tickets.
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Every other asset in the world: you win when you exit your position.
Bitcoin: you win when you enter your position.
Bitcoin is the exit.
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No one in the US has been arrested for self custody, Lightning routing, or using non-kyc bitcoin.
Maybe we are overreacting a bit?
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@Timcast
"...doing a bit" is one thing. That usually involves actors, a set, and a cognitive parody. This does not come across as that.
This is a "dude"(?) is in the literal Capitol with literal staffers making a literal mockery of their literal civic responsibility funded by my taxes.
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Bitcoin is speech.
You can now "zap" users on Nostr by simply commenting on their post with a ⚡️emoji.
Yes, this works on iOS. No, there is nothing Apple can do to stop it.
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So, we start calling "conbase" on the carpet about paper bitcoin and then Blackrock amends their agreement with them and possibly plans to leave conbase for BNY Mellon, and all of a sudden, the price starts acting rationally again.
...weird. 🤔
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I'm telling you all right now... these guys hate each other. 😅
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Why can't you just be a software/Bitcoin company? Why must you virtue signal?
@MicroStrategy
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What is all the fuss about with Swan? Why are bitcoiners up in arms?
This is a message I'm going to deliver because Swan can't.
Let's break down what this is, why they said it, & what it means.
1) What this is:
They sent a message warning users that their banking partners are
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So, "bitcoiners" are turning on Swan? Too far.
Is Swan perfect, like Bitcoin is? No. But, they are certainly one of the leaders making bitcoining better for all of us.
The more air Swan gets, the less the casinos have. Let them win.
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Price is cool, but have you ever tried using ₿ as a payment network?
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Once you completely understand WHY Bitcoin works, you simultaneously see why everything else doesn't.
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Someone out there needs to hear this...
A bitcoin ETF is paper bitcoin.
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Bitcoin is audited every 10 minutes by everyone.
Senator Rand Paul Calls on U.S. Senate to Audit the Fed - Nov 1, 2023
"As Milton Friedman famously explained, 'Inflation is taxation without legislation' ... My amendment would require a full audit of the Fed within one year. It is time for the Federal Reserve to operate in a
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For everyone saying it's OTC, and Do Kwon has explained how they do this:
- I have been buying bitcoin for a long time and am very familiar with OTC. I factored this into my original "liquidity" statement.
- Something else is going on. I just don't know what.
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Had to send this to an old friend. He spent a lot of time, effort, and money on this. It practically broke my heart.
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@greg16676935420
@elonmusk
Tell me right now. Because I need to know.
Will I die before I ever know who is behind this Twitter account?
You are hilarious.
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You can't DDoS Bitcoin. But you can make a lot of miners very wealthy by trying. 🤭
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Looking for a job in the Bitcoin industry?
If you want my honest advice, I would say don't. This would apply to most people.
You are more likely to: end up with less sats, compromise on values, and get paid by scammers and govt agencies.
Stay in the fiat mines & convert to ₿.
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Check out this offline
#Bitcoin
#Lightning
point of sale device. The LNURLPoS was developed by
@arcbtc
with
@lnbits
. This version uses the
@lilygo9
keypad and a couple of my own pieces.
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@DavidBCollum
Here you go:
"...in other words, 'we made SARS.'" - Dr. David Martin
This video has been "shadowbanned", for obvious reasons. You can't find it by searching through Google or YouTube. Of course, it's been labeled as misinformation. Make up your own mind.
Full video:
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Still looking for a better alternative to the term "non-KYC".
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I'm gonna take one of these new IRS jobs and just tell everyone I audit to buy bitcoin.
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Bitcoiners follow-back bitcoiners. A person's following/follower ratio can tell you a lot about their humility.
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@rcm____
You can buy bitcoin now and be right. Or you can buy "crypto" now and wait until you are wrong and then buy bitcoin and be right. Either way, good luck. See you in a few years after you realize how much more ₿ you coulda had.
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"I think Michael Saylor is wrong..."
@JeffBooth
on
@natbrunell
explains why Bitcoin MUST also be a medium of exchange, and not only a store of value.
If you don't believe in "spending" bitcoin, this might be the most important video you watch today.
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As much as it pains me to say it, I don't think Bitcoin will reach $1M any time soon... it will be at least 2024 before that happens.
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So, what? Bitcoin drops 50% and the only ones left are the flat earthers?
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You should mine bitcoin like you make love to your spouse... having someone else do it for you kinda ruins the whole thing.
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The guy at the gun store told me there was a cash discount because of a card processing fee. I asked if I could pay in bitcoin. He said, "No. Bitcoin doesn't allow gun sales. But the Dodge coin that Elon Musk is working on will."
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