MSTR isn't a meme. But it will go up huge next year when FASB changes and it is included in the S&P 500.
The alts are very gamble-y, since most have found that maxis were, in general, always right. There is no second best.
MSTR isn't a meme. But it will go up huge next year when FASB changes and it is included in the S&P 500.
Fidelity is at 216k, Grayscale is at 217k. So the Fidelity ETF should overcome GBTC in holdings within a week or so.
The ETF's are still steadily growing in terms of total BTC owned, albeit more slowly than early 2024.
Sure feels like a bull market is starting to roar.
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Looks like ethereum, just not that clear.I don't know what the blue thing is, but I thought that was funny. Ice cream token? lol
Isn't it funny how ETH is going to zero vs BTC, just as we said?Looks like ethereum, just not that clear.
Taking profits? That might happen in the short term, until more people figure things out. Taking profits by selling BTC is equivalent to selling gold to buy Marks in 1927 Germany, or selling USD to buy Argentine Pesos. Bitcoin is to USD, as USD is to Zimbabwe dollars. Selling the superior asset to buy the inferior one is at best gambling, and in the long run, foolish.I guess the big question is, when will they stop buying and start taking profits??
Also, at what point will they start buying again?
Off to what? Are you predicting 100k by the end of the year? I remember you said something about Thanksgiving. That would certainly be a big move given that the price has remained rangebound 55-70k for the past six months. To me it looks like the whales and professional traders are just managing the price to their benefit, regularly pumping then dumping on their reliable HODL buyers. Between Tether printing, the lack of oversight/regulation (enabling massive amounts of wash trading to move the price), and the sheer concentration of wealth to a few addresses (.01% of addresses hold over 50% of the mined BTC) Bitcoin is probably the most manipulated asset/market on the planet. Whatever price moves Bitcoin makes at this point are just the whales continuing to shake dollars out of delusional HODLer pockets.We're off. And no, Scorpion, we don't forget.
Yes, we're going to see what happens.Off to what? Are you predicting 100k by the end of the year? I remember you said something about Thanksgiving. That would certainly be a big move given that the price has remained rangebound 55-70k for the past six months. To me it looks like the whales and professional traders are just managing the price to their benefit, regularly pumping then dumping on their reliable HODL buyers. Between Tether printing, the lack of oversight/regulation (enabling massive amounts of wash trading to move the price), and the sheer concentration of wealth to a few addresses (.01% of addresses hold over 50% of the mined BTC) Bitcoin is probably the most manipulated asset/market on the planet. Whatever price moves Bitcoin makes at this point are just the whales continuing to shake dollars out of delusional HODLer pockets.
Off to what? Are you predicting 100k by the end of the year? I remember you said something about Thanksgiving. That would certainly be a big move given that the price has remained rangebound 55-70k for the past six months.
I've made my predictions and I won't back down. We will be significantly higher by Thanksgiving, especially if the election seems like smooth sailing for Trump, and yes we will be over 100k by year's end.More like 9 months. We may get a breakout, or not. The current chart looks almost identical to the charts just before Bitcoin had a major breakout for the past 2 bull runs .
But there’s no guarantee of anything.