zoinky 🧙
@coinjunky
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Internet historian, enthusiast, realist, educator, contrarian & technical wizard since 2011. I call it like I see it and always enjoy learning. Keep it simple.
quietly stacking, mod @
Joined May 2014
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The road to 3 million dollars for 1 bitcoin doesn't look as technically crazy as it fundamentally sounds. One of the time the fundamentals are going to catch up to the technicals?
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Friendly reminder that if you own >1 bitcoin you are a statistical anomaly. You are more likely to run into a millionaire on the street than another person like you. And this trend is only going to continue.
Congrats.
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If you are having a bad day just remember some people bought $BCH for over $8,000.
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In my 7 years of trading bitcoin I've learned one important thing.. if bitcoin isn't going up... it is preparing to go up.
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Every bitcoin that was sold today had a buyer there to take it.
Those buyers bought at the lowest price YTD.
Do you think those buyers waited just to sell it later?
Do you think those sellers chose to sell because they wanted to sell or had to sell?
Ask yourself unbiasedly.
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Ignoring bitcoin will be the biggest mistake a majority of the world will make.
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I'm too bullish on life to be bearish here, yesterday I became the richest guy on earth when she said yes 🙂
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@michael_saylor
Time to move my $TSLA shares into $MSTR, I need to side with companies that care about the well-being of society.
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I wonder how many people buy some bitcoin every paycheck... two week warriors are what will eventually bring bitcoin to its rightful place. I'd rather that than a handful of billionaires.
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Ok bitcoin at $100,000 sounds crazy right?
But if it did happen, it would not be most people's first time hearing and witnessing bitcoin 10x, it wouldn't be the second or third time either.
How long do you expect people to be fooled?
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If you own a bitcoin you are wildly unique member of society, statistically most people will never be able to be in your shoes.
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@PeterLBrandt
@BinanceUS
@SECGov
@CFTC
@BrianShroder
You want the SEC / CFTC to go after criminals? Good luck... I'm pretty sure their only task is to ensure the general public stays poor.
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In 10-20 years there may be a chunk of society that shared a story about how they were only a few clicks away from owning some bitcoin. They will have children that are astounded their parents did not see what then would be so obvious.
Opportunity is there for the taking.
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Today bitcoin is $40,000
A week ago it was $30,000
5 weeks ago it was $20,000
5 months ago people would laugh at you if you said it would go over $10,000 again.
People aren't prepared for higher, are you?
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It amazes me how many people feel comfortable holding 0 bitcoin.
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Bitcoin has only been over the price of $10,500 9 weeks out of its 11 years of existing. Yet for some reason people feel as if it holding a price of $7,000+ is not an accomplishment but some how bearish?
The wall of delusion is thick, and we're going to bust right through it.
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I'm not saying to FOMO, what I am saying is owning a full bitcoin is something, statistically speaking, most people *will* miss out on. A majority of people *will* share a story about being just a click away from it. Because that is how easy it is, a click and the will to click.
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When you look at bitcoin right now you see...
Accumulation
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Distribution
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Two types of people in the world, those that realize bitcoin under 10,000 is a gift and those who will realize bitcoin under 10,000 was a gift.
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I honestly believe bitcoin could be worth 3 million dollars by the end of 2025 and most people will manage to completely fumble it.
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Bitcoin doesn't need an ETF. Bitcoin is exchanged directly through the Internet. If you want bitcoin I'd advise buying bitcoin. If your funds are tied up in some custodial fashion that can't access bitcoin then you are likely to learn why bitcoin needs to exist the hard way.
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Bitcoin's hashrate is a better metric for organic demand than price, it just hit all time highs again.
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About 30 years ago 1 share of BRK.A cost ~$300.
Today 1 share of BRK.A cost ~$300,000.
No one will be surprised when bitcoin does what bitcoin does. The only thing obvious to you will be how you acted relative to the inevitable.
People are waking up to what money is.
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@Nouriel
Bitcoin is just raw, predictable information, no need to get so angry over it. If bitcoin is superior than other money the market will tell us, if its not then there is no need to worry. If it breaks the existing systems how fragile were they to begin with? It's a win-win.
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Owning 1 bitcoin makes you more unique than owning a million dollars on this planet.
"I'd rather have the million" says the poor man.
Tell a millionaire they can't own a full piece of the best performing asset YoY in the last decade.
The rat race is on...
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Facebook buys Coinbase, allows all facebook users to acquire bitcoin via their lightning powered nodes, facebook positions itself as a global banking service.
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Successful traders are both bears and bulls.
Unsuccessful traders are pigs, turned to hogs and get slaughtered.
"Hodling" is a type of hogging. It's not a trade, its a belief. Don't blend the two.
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Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.
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If you are in bitcoin, good for you. If you aren't, well... what's unfolding will likely never happen again. So enjoy watching. The rest of us, strap in.
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Don't fool yourself, rich people are buying up all the bitcoin. These prices will be distant memories you tell your children about. Or will become distant memories your children ask you why you didn't act upon when you had the chance. Everyone is experiencing this.
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I didn't choose the crypto life... the crypt.. oh wait yeah I did, this thing is entirely voluntary.
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If you ever wanted to know what it felt like to be in a rocket ship as its engines are igniting just buy some bitcoin right now.
Bitcoin didn't come this far just to come this far.
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Ethereum is a good buy probably around $50. Bitcoin is a good sell around $30,000.
Haters gonna hate.
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Bitcoin isn't valuable because blockchain, blockchain is valuable because bitcoin.
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People like to act as if bitcoin isn't a once in a humanity happening.
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It's a blessing to see bitcoin falling. Buy more you silly goose. If your opinion changes because the price changes then you don't deserve bitcoin or it's gains anyway.
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ETHBTC is a barometer for progress, if people are still falling for the same nonsense, ETHBTC will go up and we will probably flounder in terms of total market capitalization.
If ETHBTC goes below .05 it will be a sign of progress, people understanding. A lot of greed washed out
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@rogerkver
Roger what do they have against you? Who is forcing you to do this? You still can seek help.
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ETF's don't matter. The fact that there are so many approval processes that get delayed shows the legitimacy of bitcoin by itself. You would not care if the USPS started offering email services, ETF's are to keep the legacy systems relevant, not the other way around.
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The old cockroaches always has a distaste for seeing the young grasshoppers making money doing something they don't understand.
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People ask me if bitcoin is overvalued.. I wasn't aware you could overvalue freedom.
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I'd like to thank the bears that have been selling me coins for the last 6 months. I really do not know where I'd be without you. I took a big risk selling my bitcoin around $16,000 and $19,000 and it has really paid off. From the bottom of my heart, thank you.
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I've dominated this trend, fed it live on my feed and in
@tradingview
chat. Some reason I believe twitter suppresses my engagement, so I'm giving one lucky person a
#bitcoin
prize for engaging with this post
RT, comment, like, win, multiple chances.. GO!
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Everyone that has successfully acquired 1 bitcoin now wants to own 2.
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@CNBC
Why don't they just print some money and put it in there? They print trillions all the time anyway??
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Fact: No one has any idea how much fiat is out there, nor do they care, thats why asset holders hold assets. Better off holding something directly verifiable rather than something people have created out of thin air.
Nothing more verifiable than bitcoin.
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Now that everyone has sold their bitcoin I wonder who owns them.
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One day bitcoins price with be "accurate" and boring, the crypto kiddies will be old and the stories of volatility will only be in nostalgia.
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Ethereum may be setting up to be the most brutal double top in crypto history
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People so drunk on USD numbers they don't realize the price is bitcoin.
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Bitcoin about to break into December lows, I'd be worried if I were a bear.
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Imagine selling you bitcoin because some other market is failing.
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@GRomePow
More like everyone figuring out their money losing value rapidly and understands why prices are up, and people are holding hard assets.
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Seems like everyone selling their bitcoin to buy more bitcoin later. What could go wrong?
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The price is moving in a way to normalize what happened in 2017. Eventually the waves we saw the Q4 of 2017 will be nothing more than an early indication of what would soon become rational moves.
Congrats for making it this far.
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Happy 2019! Growth chart update. 2018 saw a decrease of ~70%, closing @ ~$3,830. Difficulty ~4.4 T. ~486 days until next reward halving. This year has seen solid trending & we are in the dip of a lifetime. Truly believe bitcoin did not come this far only to come this far. 🚀⏳😎
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Most people won't own any bitcoin until it crosses $20,000 again. That is just human nature. People are lazy, pre-occupied, busy, blissfully ignorant, comfortably unaware, what you want to call it, regardless.. each person alive has experienced bitcoin and will continue to.
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Breaking 19,500 will be entering escape velocity.
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If a falling bitcoin price scares you instead of excites you then maybe you shouldn't trade bitcoin just yet.
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@brian_armstrong
Might be a good time to focus on the future of money instead of the future of confusing new onboarding customers with 1,000's of choices that leave them empty handed with a sour taste in their mouth.
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I am skeptical of any technical trader that tells me any indicators besides price and volume are necessary.
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Bitcoin may be parabolic but it is not moving irrationally. There are not crazy wicks on low time frames, this is a calm, cool, and collected move as a result of many actors acting in their self interest. Maintaining order more than irrational orders. Bears beware.
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I believe people are underestimating how fast bitcoin can move. And it doesn't require volume, although it will likely be coupled with it, all it requires is beliefs. The road to a new high will be more violent than any previous road.
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Bitcoin going to 0? The only thing going to 0 is the number of bitcoin most people will ever be able to buy.
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1/ Bitcoin will not be eagerly adopted by the mainstream, it will be forced upon them. Forced, as in "compelled by economic reality".
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Just a reminder that if you own a full bitcoin, statistically you are wildly unique member of society. People would love to be in your shoes.
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Happy 2018! Growth chart update. 2017 saw an increase of ~1,200%, closing @ ~$13,200. Difficulty ~1.6 T. ~880 days until next reward halving. We seem setup for solid trending for this coming year. Any dips below 10k would likely be dip of a lifetime. Also my 5000th tweet! 🎉🍿
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Billions of people want millions of bitcoin that cost thousands of dollars..
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Bitcoin will price out most of society from ever owning a full one, if you own one, you are wildly unique. Others hope its just a fad
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Just another friendly reminder that if you own a bitcoin you are wildly unique. Statistically most people will never be in your shoes.
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Problem 1: People don't have enough bitcoin, they want to buy them.
Problem 2: They have to buy them from other people.
Problem 3: People don't want to sell their bitcoin because people want to buy them.
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@ki_young_ju
I'm not sure who you are, but I remember you advising to sell before 20k because whales were moving to exchanges, correct? No offense, but it may be worth a shot counter trading you here for science.
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Now that bitcoin is dead and everyone has sold out... I wonder who owns them...
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Bitcoin is holding around $16,700 since $CBOE futures launched. If no bears speak up soon I can see a measured move to $30,000 playing out as we move into the new year.
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Do not fall in love with patterns, they are illusions. The price can literally do anything and you will find a pattern that defends the action.
What you should fall in love with is logic. Markets can be irrational as long as they need to be, but eventually logic prevails.
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As I climb to personal new bitcoin ownership highs I always wonder... who's letting me get all these coins and what are they thinking? Thanks for your sacrifice you will not be forgotten.
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Bitcoin is showing the reality of money, it made a huge bang, people got rich, now it sits and wait for those who can't bare to wait to capitulate. Could take weeks, months. Welcome to deflationary money, where patience pays.
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But they'll never call Ripple a bubble... (up 500%+ in 2 weeks)
Digital currency ripple soars over 30%, briefly becomes second-largest cryptocurrency by market cap
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#bitcoin
's main problem is it sounds too good to be true, its secondary problem is teaching that its not
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4 bitcoin is 100,000 bucks. Haha amazing. Seems wildly underpriced now that this is reality..
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