Subnostr

There are several things required for #Bitcoin to print a new ATH before the next cycle begins.

What I’m about to share might seem like good news, but it’s actually a warning, not a useless “warning” that #BTC has dipped and you should “MaYbE sElL bEfOrE iT gOeS lOwEr”…

It’s an actual warning on what to look out for and how it might affect our delectable cheap sats!!!

WARNING ⚠️ #BTC may become more expensive to stack if:

-We get optimistic news (all news is good for #Bitcoin in the end.)

-We get increased adoption

-We get more regulatory clarity

-We get more institutions and nation states

-We get development breakthroughs on #BTC or one of its layers

-Fiat continues the 🤡 show and markets react with volatility

ALSO with FUD coming out about quantum computing and it’s countdown to becoming a threat to #Bitcoin …I believe this is a double edged sword. Quantum computing could also be used to strengthen the network…there would be a first mover then everyone else’s hand would be forced.

Even with quantum computing the incentives to protect the network would still outweigh those to attack.

If you read this whole thing I would REALLY like to hear your opinion!!!👇

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Discussion

m2carbine 2y ago

strah 2y ago

If you’re viewing #BTC in terms of dollars then I can see how an increase in its value could be viewed as a barrier to entry for someone who has none or few.

But, shouldn’t bitcoin’s value rising vs all fiat be a good thing? 1 btc will always = 1 btc and eventually the best thing would be that there is no more fiat for it to even be compared to.

In a circular btc economy you shouldn’t care what it’s value vs any other currency is.

Robertrobert 2y ago

Correct. Inevitable that Sats become more costly. As dollar loses value bitcoin increases value(relative to dollar). Those that know this are stacking accordingly. Word is spreading to those who don’t know via ones that do and serendipity.