Bitcoin soaring as fears mount and bonds collapse.
(media.patriots.win)
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You are the Blacksmith fighting against the Car. Technology will not be stopped. Get some or don't. You will never forget me telling you this.
Tulip bulbs have no limit on production. Neither do US dollars. Bitcoin's production is limited. As the dollar approaches 0, Bitcoin's dollar denominated value approaches infinity. This is not an opinion.
Except bitcoin has a maximum supply of 21million. And it cannot go past this.
Yes other currencies come online and go away. Avoid those.
BUY BITCOIN, NO OTHER CRYPTO!
Shocking!!! No seriously I’m absolutely astonished!!!
sarcasm
Gold, and Bitcoin. It is the only financial play currently.
And I have been screaming from the heavens to you all to get some of your money into BTC. It is going to absolutely destroy the fed.
What happens when bitcoin becomes gold backed????
Bitcoin makes gold and silver obsolete. It doesn't need to be backed by gold because it is harder money than gold.
It doesn’t make it obsolete… rather it’s… similar to gold or silver.
Bitcoin in a lot of ways is digital “gold”.
But I do agree in the sense that… Bitcoin is BETTER than gold/silver… and the reason is mostly what you said…. The cost to create a bitcoin is far greater than the cost to create an ounce of gold.
And to further it…. There is a finite number of bitcoin that is a KNOWN variable… Gold, Silver… any physical tangible asset… does not have a hardline supply limit like BTC.
Bitcoin will only become more and more expensive to create. Ultimately ending with no possible way to create more. This is when 1 bitcoin will be worth several millions.
I get a TON of hate and heat here for my BTC posts… it seems about half of this board believes BTC/crypto is part of the deep states control… but they are absolutely incorrect…. Bitcoin is the chaos that drives them crazy and destabilizes their control over the world’s finances. They believe I am just shilling it to try and pump my bags, but I am shilling it because I know the more people who adopt bitcoin, the less control the likes of Blackrock and Vanguard will ultimately have over us. They can own 70% of the USD supply but they will never be able to own more than 3-5% of the bitcoin supply. The amount of control they have over bitcoin is STAGGERINGLY less than USD/Fiat markets, and they can NEVER achieve similar on crypto markets.
What we need is for the banks to collapse…. Then we will see how good crypto and bitcoin actually are. We saw it in Venezuela not that long ago… was a pretty sight :D
Trading sideways till we hit 300,000 🦍🚀
Sure. Jump on Bitcoin again, hear about the riches. Lose what’s left of your money again.
I invested $100k into Bitcoin back in 2014
When does this losing you're talking about start
The upper limit to the Bitcoin price is the entire world economy
It's up because Blackrock's ETF got approved. May have a rugpull anytime as hedgies need more liquidity for their naked shorts.
They were able to paper over gold for so long, can they control bitcoin?
Banks and hedgies are so overleveraged they'll have to sell their souls to make payment on their positions. Soo many things in the financial system is giving away. They can't control it for much longer. Their saving grace is CBDCs, but we know that's not going to happen.