I’m a part-time cardinal feeder.
Complete blood bath in the stock market. Amazing how Bitcoin holds up given the current circumstances. We’re going much higher!
Bitcoin’s market cap and fiat price are based on the reported circulating supply, but here’s the catch: it doesn’t account for lost coins. A huge chunk of Bitcoin is gone forever, locked away in lost wallets, forgotten keys, and mistakes people can’t undo. Since those sats are never coming back, the actual circulating supply available to the market is way smaller than what’s “technically” reported. That means Bitcoin’s real value in fiat terms is actually much higher than what you see on the charts, making each sat even more scarce and valuable than most people realize.
The dollar and all other fiat currencies will forever chase finite Bitcoin sats. ∞/21m.
Look at this Monday’s open! The President announces a strategic reserve, and the first thing they do is sell into the open. Complete manipulation. Don’t get shaken out by sneaky wall street.
Haha, very true
That’s basically what I meant
Hmmm 🤔 too bearish, no?
A bit smaller than saylor’s
