Oh yeah thereโs no timing that ๐ there will always be a time when we were up way bigger.. some actually trim some off the top and get a house or something but Iโve never been able to notice the euphoria, Iโm usually swimming in it ๐
Discussion
I've noticed but I haven't had any exit plans. Too young and too early to really think about spending a lot.
I've made peace with another round trip but I'm extremely salty about how shitty the Bitcoin market has been this year. -10% while Gold is up 60% is crazy work.
The amount of whale selling is off the charts. We need to take this opportunity to keep stacking while this rotation takes place.
2026 could also go like this with the amount of sell pressure.
Who are the whales is an interesting question. Recall what year it was that Gavin went to talk to the CIA.
2011?
Something like that. I refuse to believe they didn't immediately start mining bitcoin.
Donโt say that youโre giving ideas to my IRL friend that keeps saying itโs captured ๐ญ
Everyone saying Bitcoin was created by CIA/ captured .. etc etc
It doesnโt mean anything. You can only sell once. As long as there is genuine demand for people claiming freedom Bitcoin will never die
Gold is up because the Chinese can't control bitcoin. Schiff and Tucker rooting for gold is rooting for a broken corrupt system because it might be less corrupt than the fiat system.
Oh yeah and the silver squeeze, I get that if itโs from an investment standpoint Iโll agree the last 5 years have been terrible lol i also donโt have any exit plans, but I do spend it almost daily.. idk donโt be too salty I guess, these things have a way of blowing our minds when we least expect it..
I won't be too salty but I have never been mind blown, aside from maybe my first real crash lol.
Itโs like losing your virginity kind of mind blown not crashing kind of mind blown ๐๐ญ
I'll keep waiting I guess... ๐ฉ๐
The first thing bitcoin did after I bought my first in Jan 2018 was crash. Then it kept crashing and I kept buying. I told my wife the other day to get ready for 45k. She hasn't been through a jumbo crash. I just wish I had more cash.
Everyone here has been through a -75% crash. It's the crazy pumps which have disappeared.
For now.
We may very well be in the flat part of the S curve.
I'd say.
That's where this idea is the most vulnerable.
What do you mean?
Old users capitulate while new growth stagnates and the network is well known enough to try and attack or subvert. Once Bitcoin is truly global and systemically important there will be less risk. In the flats of a theoretical S-curve there is risk with little benefit.
I'm with you. I've spent a great deal of my stack (while trying to replace it). I am always willing to have my mind blown. But I also know I've already been able to make magnificent choices because of the bitcoin liberation effect.
Absolutely agree, not to say these opportunities wonโt take place again, the time horizon might be different but the possibility still stands, which is beautiful to say the least.. many lives will still be changed.