Even the fake inflation numbers are so high now that The Fed can’t cut more rates this year. Bank runs will happen if they don’t start to print. On top of that the presidential election and a Bitcoin bull run is happening on top of it. Get ready🚀
The last four days ETFs have bought 25,520 Bitcoin. The FOMO is starting to kick in. That’s 1% of BTCs on exchanges in FOUR days! And two months of mined supply. The supply shock is coming!
The only people backing Central Banks are those that don’t understand that inflation is theft.
The government will tell you that you’re a criminal if you pay too little tax and then they will go ahead and print 80% of the total money supply in 5 years and rob a lifetime of your savings. And if you managed to have anything remaining you have to pay capital gains tax.
I don’t care how smart you are or how much you think you understand the world. If you own zero Bitcoin you have failed.
The supply shock is coming:
We are in uptober, miners are done selling, weak hands are running out, no interest from retail yet, ETFs have bought 19k BTC the last three days, M2 money supply is increasing, gold is ATH and it’s 3 weeks until the election.
Normie Logic:
Normies thinks they’re too late to Bitcoin but no one they knows own it.
$68k🚀 Welcome to scarcity.
If you think the $3k daily Bitcoin candles are cool, wait until you see the $100k daily candles.
ETFs bought 5,650 BTCs yesterday adding up to a total of 18,710 BTCs the last 3 days. That’s 42 days of mined supply. To put it in context 164,250 BTCs are mined per year.
I’ve not met many Bitcoiners that plan to sell when the price goes up very high. Why should they sell a finite asset for fiat? The available supply of BTC is much lower than we think. The bidding for coins will be epic. $1M, $10M, $100M -> Bitcoin Standard.
China money printing is coming, S&P500 and gold is ATH, Trump is leading the polls, the interest from retail is at October 2020 lows, ETFs are buying months of mined supply every week and exchanges are running out of Bitcoin.
The setup for this bull run is🔥
The Fed printed $16T during the pandemic. That’s x12.4 the current Bitcoin market cap. We are very early!
ETFs in The U.S. bought 8,850 BTC yesterday and 13,060 BTC the last two days! That’s one month of mined Bitcoin supply! The FOMO is on!👀
If you don’t understand that all global store-of-value will go into Bitcoin you don’t understand Bitcoin.
2024 is normal people’s last chance to become a wholecoiner. Your bloodline will regret that you didn’t get it.
China is turning on the money printer starting with 6T Yuan. Bitcoin is pumping. People are starting to realize👀
Bitcoiners gets more children because we have hope for a better future than people in the fiat hamster wheel.
$1.7B in trading volume on the Bitcoin ETFs so far after just a bit more than 2 hours.🚀
Imagine you’re living in a world with only one finite asset and seeing 99.5% of the world realizing what it is. That’s the life of a class of 2024 Bitcoiner in the coming years.