Subnostr

My first #bullrun. I’m not a finance guy so I don’t get it. I’m a music guy who intuitively knew something was wrong and went full maxi no questions asked

I ain’t ever sellin. However. I do not understand when I listen to people way smarter than me talking about 100k, 200k 500k #btc when we sit around in the 60k range which seems like eternity

I don’t see the path.

So. I will #asknostr

What am I missing ??

I will stack #sats every day till my fingers don’t work.

But if this is a bull run. I don’t love bull runs

I felt better at 16k then I do now

Enough.

Enlighten me

Pass along. I only have like 8 followers.

Let me know your take

#Bitcoin

#btc

#sats

#asknostr

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Discussion

Jor 1y ago

Bitcoin could be $100k

Or it could be $100M

Both are possible.

We’re measuring a scarce asset with a fixed/known supply against an illusionary asset with an unlimited/unknown supply.

Measuring bitcoin in USD terms is silly. But because we’re so used to doing this, it’s what most people default to.

When you really start to understand bitcoin, you will come to the conclusion that everything (EVERYTHING) will fall in price relative to bitcoin over time.

Bitcoin has no top because

Fiat has no bottom.

Hope that makes sense!

Scrotus 1y ago

zoom out

stache 1y ago

Imho the real value in BTC is the freedom tech side (portability, immutability and resistance to censorship)🤯🌅

As for price go up…I like the gradually then suddenly thought process… or that 1 btc = 1 btc and the changing price in relation to the USD is based on volatility in fiat debasement and USD denominated financial chaos

…in simplest terms BTC don’t care…its waiting patiently while the USD destroys itself (or maybe doesn’t)…but BTC don’t care cuz 1 btc = 1btc and somewhere in the world there is a demand for magic freedom tech money🌅

Jus one idgit’s opinion 🤷🏽‍♂️