IBIT, Blackrock's #Bitcoin    Exchange Traded Fund, has almost $1.2 Billion in volume today.
These numbers are crazy.
This is one of the best-performing ETFs that was ever launched.
Most people don't realize that they're using real estate as a store of value...
Because dollars don't work
#Bitcoin is a BETTER store of value than real estate
Cash flow is irrelevant if you have a 5+ year time horizon
Eventually, everyone who owns #Bitcoin will be in profit no matter how much USD they paid.
Bitcoin's price is designed to ALWAYS go up.
The US Dollar's value is designed to ALWAYS go down.
If you don't get this, you haven't studied hard enough.
My conversations with someone I know who doesn't seem to have studied #Bitcoin
Chronological order, from early January until today:
$44.2K: "I'm so excited to buy this thing, it's going to be worth so much, this is true generational wealth"
38.6K: "I'm going to wait until Bitcoin bottoms out before I start buying"
57K: "I'm so frustrated, coinbase is taking so long to approve my account. They made me miss out on this rally!!!"
Blackrock's #Bitcoin ETF now holds 132,282 #BTC , up 2,051 from yesterday.
Their total holdings are now worth $7.07 BILLION.
Blackrock now holds 0.63% of the total supply of BTC.
900 BTC are issued per day. In April this will drop to 450.
Blackrock clients bought 2.28x the newly issued supply.
Can't believe how selfish #Bitcoin   's CEO is.
He raised the price of #BTC    by over 1500% over the last 5 years.
This is corporate greed at its finest.
CaPitALiSm!!!
I wonder when they sold their #bitcoin
#Bitcoin = RP²
We're closing in on an ALL TIME HIGH IN #Bitcoin's USD price, and most people aren't paying attention
#Bitcoin   's all-time high in CAD is ~$85,300.
We are now ~$10,000 away.
Soon we won't have to hear the bears saying "Anyone who bought at the all-time high isn't in profit."
Anyone that doesn't own #Bitcoin   ...
Is short Bitcoin 🤯
They are long on something else (USD, stocks, real estate, etc)
Soon they'll have to cover their short
Eventually, everyone who owns #Bitcoin will be in profit no matter how much USD they paid.
Bitcoin's price is designed to ALWAYS go up.
The US Dollar's value is designed to ALWAYS go down.
If you don't get this, you haven't studied hard enough.
Wow I missed the 55k update
But 56k is here 🤯
#Bitcoin #BTC
One of the reasons why I think #Bitcoin    will reach $1M before Bitcoin ETFs hold 1M #BTC   :
Countries won't be buying ETFs.
They will be buying Bitcoin and keeping it in cold storage.
They will do whatever they can to avoid another Nixon shock.
Bitcoin bought for treasuries will raise the price and slow down the accumulation of BTC by the ETFs
I could be wrong - maybe my estimate for when nation-state adoption happens is too early!
#Bitcoin ETF volumes are RISING
IBIT had $1.3B in volume today
When the price rises, so does demand
There's more demand at $55k than there was at $16k
There will be more demand at $110K than there is at $55k
There will be even more demand at $1M than there will be at $110K
It's just a matter of time
I post about #Bitcoin    so much because all #BTC    owned by regular, everyday people is BTC that can't be owned by banks.
WAKE UP.
We probably won't get another opportunity like this in our lifetimes.
STUDY BITCOIN.
Wow $54K #Bitcoin
Going to need to change my updates to every 5k soon
Some people make up stories about things that have never happened before
They build up the stories to the point where they can't zoom out
Bitcoin has NEVER reached $100k USD. How do you know what will happen after it does? 😂😂😂😂😂😂
This is why average people stay average.
Most people will ignore #Bitcoin until it's trading for $1M+ and they'll STILL be early.