Imagine being bearish #Bitcoin
GM.
My Article from 2023. Reminder to not sell your corn to Blackrock.
https://medium.com/@TheyHODL/bitcoin-etf-hodlers-are-psychopaths-so-prove-it-4f962f49762c
If 2019 is any guide.
US tariffs on China results in:
- Yuan made weaker through money printing.
- Surge in Chinese demand in #Bitcoin to avoid debasement.
- 200% increase in Bitcoin price. (4K to 12k)
Everything changed when ETFs were approved.
You cannot take a millions coins off exchanges and not create price chaos.
Fireworks start when 110k breaks.
Don’t shame chart porn.
Bitcoin was founded on chart and price porn. Hal’s 10m call in the first days.
Bitcoin incentivises greed.
Fed up of these zen no price watchers!
Don't be bearish #Bitcoin guys.
1. We go to 250k.
2. Powerlawers sell their position, we fall to 158k.
3. Valhalla
Once we break 110k, we will have a brief pause at 150k.
After that it’s straight to 250k where we will argue about the power law model for 3 months.
We will dip back to 150k and the bears will be call for diminishing return cycle.
Then we Valhalla to 500k-1m
Just enjoy the ride.
Imagine if China, Mexico and Canada responded by saying:
“Fine, we only accept bitcoin for exports to the USA going forward”
Trade surplus with #bitcoin is checkmate
Napoleon Bonaparte
“I know men, and I tell you Jesus Christ was not a man.
Alexander, Cæsar, Charlemagne and myself founded empires. But on what did we rest the creations of our genius? Upon sheer force.
Jesus Christ alone founded His empire upon love, and at this hour millions of men will die for Him. In every other existence but that of Christ how many imperfections!”
The bible should be read in meditative state.
Stories and philosophies that are the incorruptible first blocks of humanity.
It feels like the suddenly moment is coming.
I feel it in my bones!
#bitcoin
A sovereign nations yearning for sovereign money will demonetise the EU bureaucracy capture, leading to the European Unions downfall and restoring national sovereignty and power.
A banking system that is accustomed to the fiat safety net, will walk negligently and arrogantly into a a disaster.
I could imagine a scenario where an entity fucks up the key management, causing liquidity freeze up and chaos. Who ever holds the keys holds the coins and the paper leverage will expose those playing fiat games in a bitcoin world.
When we have a sats:cent parity, the world wakes up, leading to a crescendo to the suddenly moment.
This is great news.
If we want tyrannical reign of central banking to be ended, we have to encourage their ignorance for as long as possible.
I worry that even commenting on it and being asked the question this early might mean we are closer than we think to them realising the inevitable.