If you hold Bitcoin you're saving for the first time in your life. If you hold fiat you're giving money to the government.
Dell will sack 10% of their employees. No need for employees when you’re a Bitcoin holding company.
Imagine selling your Bitcoin:
• Miners are done selling
• 107 days since the Halving
• 60% chance for rate cut within 1 week
• 25k BTC taken off exchanges last week
• Fourth largest European Hedge Fund discloses $500M in BTC
Before I bought Bitcoin I didn’t even know what a Jay Powell was. Now I even know what a carry trade is. Bitcoin changes you.
How it will play out:
1. Whales have used Futures ETF to short BTC to buy cheap on spot
2. The Fed will start to print
3. Manipulation will stop because they don't want to give low price to normies. So they’ll close ETF shorts
4. BTC price will go beyond $1M in today's dollars
Why people stay poor:
- At $74k I got hundreds of messages from friends and family about Bitcoin
- At $49k I got zero messages
Current Fed Rate is 5.25-5.50%.
CME Group's Fed Rate cut probabilities:
- 18th of September: 93.5% chance of double rate cut
- 7th of November: 72% chance of another double rate cut
- 18th of December: 22% chance of another double rate cut putting the rate at 3.75-4.00%
You get scared that you are losing fiat value when Bitcoin goes down in fiat terms. I get scared because I don’t have any fiat available to buy the dip.
We are not the same.
Microstrategy now holds 1.078% of all Bitcoins that will ever exist.
Newbies: Extreme Fear
Real Bitcoiners: Extreme FOMO
The world is very sick right now. Central Banks and inflation is what got us here. It has not helped to vote for those that you think can fix it. We need to take power away from the politicians with a silent revolution. Buy Bitcoin and join the revolution.
- Government: «Can you give us insane amount of money so that we can go to war?»
- People: «No, build a hospital or something»
- *Government starts to steal people’s money through printing to fund wars*
- People: «Hey, why are we so poor?»
- Government: «Because climate change»
Life of a whale:
1. FUD in mainstream media
2. Short BTC with Futures
3. Buy low when noobs panic
4. Close shorts and let bitcoin go up
5. Repeat until all weak hands are gone
2021:
- Bitcoin price November 2021: $69k
- Hash rate November 2021: 165M TH/s
2024:
- Bitcoin price July 2024: $66k
- Hash rate July 2024: 650M TH/s
Someone is having a fun time playing with weak hands. When this is done we moon🚀
Parents gladly put their kids in school for 20 years to «learn» how to make money, but refuse to use 100 hours to learn about how money actually works.
Trying to fix the world without fixing the money is like treating symptoms with medicines without fixing the underlying cause.
When game theory between large countries kicks in BTC will cut through $10M like it’s nothing and people will think you’re extremely lucky to have bought it at less than $1M.
When the demand for Gold goes up the supply to the market increases to meet the demand. The demand for Bitcoin is going parabolic, and meanwhile the supply gets cut in half every 4 year. Humans have not seen this before.
BlackRock bought 1,120 BTC yesterday. They now hold 342k BTC. Look what smart money is doing. Not what the mainstream media says.
If you have 1 whole Bitcoin you’re likely going to be among the 0.2% richest people on earth. Likely much richer because of the high distribution of bitcoins (Gini is at 0.6 and falling).