Blackrock's #Bitcoin    ETF, IBIT, now holds 195,985 #BTC   , up 4,853 from Thursday.
Blackrock now holds 0.93% of the total supply of BTC, with its total assets valued at $13.6 billion.
900 BTC are issued per day. In April this will drop to 450.
Blackrock clients bought 5x the newly issued supply on Friday.
$IBIT is already at almost $1B in volume
Just a bit more than 1 hour into the trading day
These numbers are going to get REALLY crazy over the next few months.
A group of clowns on Twitter bought #Bitcoin before some of the best Wall Street firms with the best access to information.
And now Wall Street clients are coming after that Bitcoin
They will pay as much as they can to take your opportunity for generational wealth away from you.
They will pay you in worthless paper to take away your pristine asset and potentially the best form of collateral there ever will be.
Bitcoin will be $100k before we know it.
We made it #Bitcoin
Housing has reached a new all time low for anyone saving in #Bitcoin
1 house = 1 BTC is coming a lot sooner than I expected.
We have reached a brand new all time high of $71K for #Bitcoin   .
Hundreds of billions of dollars will be used to buy #BTC over the next few years.
A lot of this inflow will come from Wall Street firms buying BTC for their clients.
The general public had a 15-year head start and bought a very large portion of the total supply.
The wealthy will offer larger and larger amounts of cash to take that BTC away from current holders, and there's nothing anyone can do to stop them.
Bitcoin reaching $100K+ BEFORE the halving doesn't seem ridiculous anymore 🤯
#Bitcoin is $71K!
Today: "Blackrock owns everything"
but also
"I'm not buying #Bitcoin even though Blackrock is buying it, because I think it's a Ponzi scheme and Blackrock is stupid."
The same people in 30 years: "Blackrock owns everything including all the Bitcoin. Life is so unfair."
#Bitcoin is the biggest bank-run banks will ever experience.
More money will need to be printed to support the failing global financial system.
Consumers will deal with more inflation.
All of this will lead to a massive increase in Bitcoin's purchasing power.
I don't mind if #Bitcoin    doesn't get through the next resistance level at $70,000
It's very unlikely, but I'm ready to be "disappointed"
This is why I tell everyone to only buy Bitcoin if you have a long time horizon
Downside volatility does not matter to me
I was going to buy more ANYWAYS, and I see the chance to buy cheaper as an opportunity because I'm not leveraged and won't be wiped out if the price drops
Not getting through $70,000 this time just means the price drops a bit from here and the next time there's a move to try to get through, the move will be even more explosive than I expect it to be this time
Bitcoin ETFs are buying 10,000 BTC per day, Michael Saylor is trying his hardest to acquire 1% of the total supply, and institutional FOMO hasn't even started yet
We are still so early - a drop from here may even be healthy for the asset
It's funny to see people say "I'm going to stay away from #Bitcoin    because Larry Fink (Blackrock's CEO) is recommending it."
They don't understand that Larry Fink's only goal here is to make as much money for his clients as possible.
Instead of putting in the time to study Bitcoin, they make up stories in their mind about how they think Larry and Blackrock will control Bitcoin.
Keep in mind...
Larry only started talking about Bitcoin positively after Blackrock filed for a Bitcoin ETF.
He is bowing down to Bitcoin because he knows it's the best asset ANYONE can own, and because NOBODY can control it.
He wouldn't be recommending it to his clients if he expected it to go to zero.How to make your family financially free:
1. Study #Bitcoin
2. Cut expenses, increase income
3a. Buy a lump sum of #BTC
3b. Set up weekly recurring buys
4. KEEP STUDYING BITCOIN
5. Teach your kids about Bitcoin
It's funny to see people say "I'm going to stay away from #Bitcoin    because Larry Fink (Blackrock's CEO) is recommending it."
They don't understand that Larry Fink's only goal here is to make as much money for his clients as possible.
Instead of putting in the time to study Bitcoin, they make up stories in their mind about how they think Larry and Blackrock will control Bitcoin.
Keep in mind...
Larry only started talking about Bitcoin positively after Blackrock filed for a Bitcoin ETF.
He is bowing down to Bitcoin because he knows it's the best asset ANYONE can own, and because NOBODY can control it.
He wouldn't be recommending it to his clients if he expected it to go to zero.
In 5 years, so many people will be angry they didn't buy #Bitcoin    below 70k.
Make sure this is not you in the future 👇
Mentioning real estate's tax benefits in a debate about #Bitcoin vs real estate is like bringing a knife to a gunfight
Real estate has so many downsides that it NEEDS tax benefits to be a viable investment
It took the #Bitcoin    network 15 years to go from having no value to being worth $1 trillion
In the next 15 years, I think the Bitcoin network will be worth MORE THAN $100 trillion and 1 #BTC    = ~$4.7 million+
I don't know a single person who wants to own LESS #Bitcoin   .
Either they own some and they want more.
Or they own none and are slowly figuring out that they want more.
There is no in-between.
In March 2025, I think we're going to see that Bitcoin is A LOT more expensive to buy than it is today.
I don't know a single person who wants to own LESS #Bitcoin   .
Either they own some and they want more.
Or they own none and are slowly figuring out that they want more.
There is no in-between.
In March 2025, I think we're going to see that Bitcoin is A LOT more expensive to buy than it is today.
You buy #bitcoin at the price you deserve
This doesn't necessarily mean you'll be paying millions of dollars per coin
It means you'll be giving away something even more valuable
Everyone that doesn't own Bitcoin today will be trading their time for Bitcoin in the future