Bitcoin and Crypto Thread

As for the discussion between Scorpian and Blade Runner:

Blade Runner, you need to chill on the unloving attitude towards others who disagree. Let's say you're right and BTC is the future. So why do you care if others here participate or not? It's just money man.

Scorpian, you aren't helping either when you call BTC people 'psuedo-religious.' People here may have fallen for the scam but it doesn't help to insinuate they are dumb sheep falling for dirty tricks. It's not like the discussion on bitcoin here will impact the price action of BTC. So it doesn't matter if people here buy into BTC or not, it won't move the price more than a few dollars. So I think you are being unfair by claiming that people here need others to buy into the scam so they can make more money, when in fact no one's actions here will impact BTC price.

All around, people in this need need to chill, it's just money.

This is my first time posting in this, and hopefully my last, as money is incredibly boring subject and I'd much rather focus on God.
 
Samseau said:
Gold is a true store of value created by God at the start of the Universe.
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Until it's not.
Samseau said:
Bitcoin is really the world's first global stock,
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No it isn't, it's the world's first global monetary network, the discovery of global, digital money. Do you know anything about why it is money?
Samseau said:
Just remember, Mr. Talmud already owns most of BTC and will crash it once they believe they can profit max it. Like all bubbles it will pop when the big players decide to sell their stock.
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False. And you explain below why you are getting this wrong.
Samseau said:
BTC is already just another tool for fiat players to manipulate, as it's priced entirely in fiat (whereas Gold has it's own value that exists outside of fiat)
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Yes, here we go. Fiat players manipulate BTC, not fiat ... OK. You self contradict. BTC was discovered in major part BECAUSE FIAT is the bubble, the ponzi, and it will pop. Get it right.

BTC has value outside of fiat, which is why everything is being repriced in BTC. Any human is of course free to price things in anything he wants. He'll just pay more if he uses fiat or gold first, rather than BTC.
Samseau said:
When BTC does pop, as everything priced in fiat must, it will wipe out so many at once it will probably cause a recession or even depression.
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There's something we absolutely know that basically destroys most, if not everything you have stated here: We know ALL FIAT goes to zero.

Even Munger knew this, and still couldn't think correctly about BTC. Sad.
 
All around, people in this need need to chill, it's just money.
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100%, as for me I'm in the club that likes the ethos of Bitcoin, I like the tech, I like some other projects, but at the end of the day I just consider it an investment opportunity, but for me the investment opportunity of a lifetime. I don't worship fiat, stocks, nor Crypto. Still, I root for Bitcoin to succeed or else CDBCs seems a far worse outcome.

On other news, Nupl for today, we got rejected but we're trying again, if Bitcoin doesn't chill and we keep moving like crazy we'll be in Euphoria levels soon. If that happens I'm selling all my Bitcoin. This bear market was brutal. NFA of course. As Ben Cowen says all indicators are wrong some are useful.

1732732932909.png
 
chance vought said:
Panic is rising: Bitcoin, the way out of their giant Ponzi scheme, does not want to die. But the survival of the fiat system depends on the lack of an alternative. The entire system is therefore in danger.


fountain.fm

Bitcoin Audible • Read_855 - The Great Capitulation • Listen on Fountain

"Panic is rising. Bitcoin, the way out of their giant Ponzi scheme, does not want to die, but the survival of the fiat system depends on the lack of an alternative. The entire system is therefore in danger." — Alexandre Stachtchenko The ECB is at is again with a new, 20 page "research" paper on...
fountain.fm fountain.fm
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This is excellent -- extremely bullish for BTC.
 
Eh, the crypto whales can be a bit weird, they are not necessarily your conventional whale. They bought btc early and later sold some and held the rest.

Anyways

Eth is pumping, still

IMG_5753.png

All this means is that alt season is here. We are already seeing some big pumps on alt coins and will see more. And bigger. And even bigger Then crash
 
eradicator said:
Eh, the crypto whales can be a bit weird, they are not necessarily your conventional whale. They bought btc early and later sold some and held the rest.

Anyways

Eth is pumping, still

View attachment 14872

All this means is that alt season is here. We are already seeing some big pumps on alt coins and will see more. And bigger. And even bigger Then crash
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Pump, or dead cat bounce?

IMG_2777.jpeg
 
chance vought said:
Pump, or dead cat bounce?

View attachment 14891
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My entire portfolio is pumping

This is from coin market caps website, it lists the alt season meter at 59, and 75 or above is considered alt season. So a few more days and we have entered alt season?

image.png

Similar to the fear/greed index I’m not exactly sure which metrics they use. Like if you check the fear /greed indexes from different sites it can be different numbers
 
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