₿IT₿ALLIN
@BitBallin
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Bitcoin Network creates 900 BTC a day
ETFs buy 8000 a day
Economists: “you should increase supply to match demand”
Bitcoin Network:
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Girlfriend walks in, I switched the screen to porn because it was easier to explain
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A 30% retrace from here would put us at $44k
Ok
Mentally prepare for that. Think about how that’s a good buying opportunity.
Ok
Now that you’re mentally prepared, you’re not that lucky. We run straight to 80k
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Bitcoin is $7k, projected by stock to flow model to be $1.3 million in 2025.
If you put 3 months salary into bitcoin today, assuming the model holds for 2 cycles, you’ll have 46 years of salary 6 years from now.
Risking 3 months of work to gain 46 years.. easy bet
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Satoshi can only dump his 1M coins (4.5% of the network) once
The fed prints 4.5% of the money and dumps it every 6-12 months
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Blockfi Zac loses billions of dollars
Bitcoin Twitter: yooo you owe this guy $70k
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Saylors wrong about this
Saylors wrong about that
Stfu
If he’s so wrong and you’re so right why does he have 200k bitcoin and you don’t?
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CFO at Bitcoin: “Demand looks like it’s rising, maybe we should make more coins per day. Supply and demand”
Satoshi: “CUT IT IN HALF AGAIN”
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What I find funny is no one in my personal life is talking about bitcoin. I bet 9 out of 10 people dont know about the 21 million cap or the halving.
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Why do eth people argue proof of stake is so great while eth is proof of work?
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Why does my
@SwanBitcoin
account say I’ve contributed $750 but my balance is $925?
Magic internet savings account returning 23% in 4 months
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Why we pumping besides for the fundamentals of Bitcoin is the best money? Some country adopt it?
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“You won’t care if you bought bitcoin at $60k or $20k when it is $1m a coin”
Yes you will, you’ll have 3x more coins when you buy at $20k
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First it was buying fractions of a bitcoins on Robinhood.
Then it stacking sats on cashapp.
Followed by sending sats to a trezor connected to the web wallet.
Now we’re here:
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Plebs can call bottoms and say send it 🚀🚀🚀 longer than bears can stay solvent 🖕🐻
Send it 🚀🚀🚀
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“But S2F model doesn’t consider demand”
Demand is an economic principle referring to a consumer's desire to purchase goods.
Why do people desire bitcoin?
It’s finite supply.
Its supply is its demand.
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Getting made fun of by my coworkers for buying bitcoin (they know I’ve been buying since 2019)
Idk a clearer buy signal
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How to price in the halving:
Look at the S2F models.
Think to yourself, “woah 1 million sats could be $1k to 10k by the end of the decade. Right now it’s ~$85”
Work extra hard (mine fiat) and stack sats while it’s cheap
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Just met with two of my signal processing professors to discuss bitcoin, stock to flow, and working on a second order model (underdamped step response)
Both enjoyed
@100trillionUSD
model
One still isn’t convinced btc is a Ponzi scam. The other downloaded
@cashapp
mid meeting
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Normies thinking they were right is by far the worst part of the dip.
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I spend too much time on Twitter already. If it’s done, I’m done with social media
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We are so early. Most people don’t even have an annoying bitcoin friend yet.
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When you’re watching a YouTube live video and someone else is spamming the chat with BUY BITCOIN.
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It amazes me how much free educational content there is on the internet.
It baffles me that people are still getting into 6 figures of debt for an education
They should remake Good Will Hunting except he’s not a genius, just a janitor who listens to podcasts all day
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I hope it breaks 2017 ath
People get emotional (pseudologic that since BTC has never gone below former ATH means it’s dead) and it dumps harder to $15k
Celsius gets liquidated and we dump to 4 figures, fill the $9.6k gap
Resume bull run because there is only 21M coins
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Gm
You’re a grown man, I don’t care if you buy bitcoin or MSTR or the etf with your money.
You know the trade offs
Just don’t be a moron and buy litecoin or eth
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Another cycle and
@TheGuySwann
is still criminally criminally criminally underfollowed
If you are going to watch a piece of content today, let it be this,
Highly recommended,
Worth it,
Share it with your loved ones (
#Bitcoin
)
Made By
@TheGuySwann
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Nobody saw this carnage coming for Alts
Except all the maxi’s
HFSP
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@SPACEBULL
@NobodyCaribou
He let
@JWWeatherman_
get involved.
Rules of bitcoin
(1) hold your own keys, don’t type them into a computer
(2) ignore jww
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I havnt shitcoined in 4 years but now I’m boden
You simply can’t fade a dev like
@pt0kes
and a quant like
@twicrates
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2020 is the year I learned how much of a moron Mark Cuban is
We need everyone to have a gov registered email (it could be our SSN
@USA
.GOV), to allow for proactive distribution of information. It's ridiculous to have to search for testing and vaccination info. It should be emailed to us for direct interaction and provided via an App
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@Blacklabellogic
@RationalMale
“Rollos in it for the pay day”
Rollo sells $7.00 books (which you can just read the same material for free on his blog) +free YouTube content
No $799 course. No $500/hour Skype sessions. No $2000 conferences. No $500/month brotherhood keep me accountable club.
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The current state of Instagram:
50% preaching the importance of wearing masks and getting vaccinated
50% preaching the importance of mental health during these tough times
100% staying poor and not even having fun
I like Bitcoin Twitter a lot
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Me: I love my mom, she’s one of a kind
LTC bagholder: here’s a woman who’s a carbon copy of your mom but cooks 4x faster
XRP bagholder: here’s a woman whos like your mom but has connections to the banking system.
BCH/BSV bagholder: here’s what we think your mom should be
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Craig pissed about people hosting the white paper without his permission?
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Wasn’t Saylor just stating greshams law? No one’s gonna use bitcoin as MOE we’re just gonna hoard it
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Imagine telling your grandchildren you sold your bitcoin for “punk number 1234” or “bayc 5678” lmao I’m embarrassed for you
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If I had 1.1 million BTC to my name, I would not be suing anyone for slander and libel.
Talk as much shit as you want. What do I have to gain? I have 1.1 million BTC
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I have a friend who trades serious size say that bitcoin will be above 14k by the end of the day or we’re all gay.
I tend to believe him
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The bottom was like 6 months ago, right?
Checks chart.
The bottom of this cycle was 14 months ago.
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BTC will break $20k not when you least expect it, not when you most expect it, but when you medium expect it
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Venmo has to be the weirdest “social media”. A public feed of payments people make to each other with like and comment buttons? And payments are public by default.
Yet most people think
#bitcoin
is weird?
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@tomselliott
@RepAlGreen
Sounds like an equal opportunity employer to me.
@RepAlGreen
on the other hand hates white men.
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New DCA approach, the daily martingale approach
Buy $1 today.
If the price goes up tomorrow at 8am, I buy $1 again
If it goes down, I buy $2
Every day it goes down, I double until it goes up.
$1 at $12203 per btc
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Someone tweeted how the block subsidy is the percentage of bitcoin mined during that epoch
50% of bitcoin mined when it was 50BTC per block
25% when 25 BTC per block
Would retweet but can’t find the original
not Dan Held
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I can’t wrap my head around bitcoin dying or going to 0
$9000, $3000, $300.. just opportunities for normal guys like me to take bigger slices of the 21M pizza.
It’ll go up eventually.
That 21M hard cap will outlive me.
Low time preference.
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Saylor and Bezos buying hundreds of bitcoin at a time
ETFs buying up thousands a day
But yea definitely time to “rotate into solana and hex”
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@SatsJoseph
21 million hard cap is everything. Digital scarcity. Every other crypto is a form of inflation. Your time, energy, attention is a limited asset, exchange it for a money that is also limited.
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Nice to see BCH, LTC, ZEC below 2017, 2018, 2019, 2020, 2021, and 2022 USD highs.
“But it’s not about NgU it’s about permission-less MOE”
Dumb. You’re down against inflation. Coulda used cash for permissionless MOE.
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