On the paper bitcoin shit I will repeat this as many times as necessary.

1. Yes this is a bubble

2. I believe we are in the infancy of that bubble

3. I will be and already am participating in that bubble

4. I will be attempting to sell the top of this bubble

5. This bubble will get very large

6. Then it will pop

7. Many people will cry

8. Fortunes will be won and lost

9. This is good for Bitcoin

10. None of this shit can ever replace real bitcoin, don’t over index on it. Big bubble go boom boom at some point. You lose money, you lose btc. You cry. You sad. You no like.

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Discussion

Lol 😹 la mejor burbuja

#4 super sus..

Easy to say, harder to do. That said, I'm gonna try too.

i had a 21 sat zap on that one... Bob! you are missing out!

You buy tops forever. You buy moar when bust. You win if you bitcoin.

I ONLY LIKE BUBBLES IN MY BATH WATER AND SOMETIMES MY POOL - THEY ALSO POP QUICKLY UNLESS…WELL…IYKYK :)

nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs buying the bubble:

Bigger than dot-com bubble?

Pffffff, not even close. We are 60/80% bellow 2000 ATHs in real terms

I think those running the stock scams keep taking profits, so it might not get so high.

I don't know if it's a bubble, but it's definitely an easy entry point for many investors who want Bitcoin exposure without educating themselves about it.

The real challenge : how do we get them from exposure to actual Bitcoin ?

#BTC #Privacy #SelfCustody

Not a bubble at all. I think you are wrong on this one.

It's the beggining of the supercycle

The risk of these companies' custodian losing bitcoin is there. So I agree don't over allocate.

Though I trust Saylor in being bulletproof solide on the custodian side.

Same for Metaplanet wirh Dylan Leclair

Trust is solved. Because you cant. Thats the invention. Thank you satoshi 🧑

Yes exactly 90%+ self custody 10% btc treasury companies (aka shitcoins)

The mNAV is a bubble. I think systemic treasury liquidations will be highly localized and thus contained.

The inter entity risk is not there like with FTX or legacy banking crises

Fuckin A Fren 🌞

5 ... how large?

Tell us your allocation so we can be a degen with you.

Like 10% Nothing crazy mainly in retirement accounts

"10%? That’s chill! You think that’s enough to stack up for the future, or should we be aiming higher? πŸ’ΈπŸ€” #InvestSmart"

Famous last words; β€œSell the top of the bubble”

β€œAttempt@

Planning to exit MSTR at $1200. 🫑

I bet the $GNS horse with you. She looked like Barbaro for a while, but is starting to look more like Secretariat.

How long are you thinking it takes for this bubble grow sufficiently and pop?

What top are you targeting?

Volatility is good. We likey.

Volatility has dropped like a rock

Does or will paper bitcoin create the scenario that there are more than 21 million bitcoin or are they only created and based on actual bought bitcoin in self-custody?

Paper bitcoin pop up every cycle ftx was selling paper bitcoin last cycle. Long term it gets corrected

I haven’t decided if I’m gonna try to time this bubble. I probably will with my retirement money because then I don’t have to think about taxes. The thought of writing a check to the government makes me want to vomit, even if it means more bitcoin.