Frozenbeernuts
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Content Count
29,783 -
Joined
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Last visited
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Days Won
48
Everything posted by Frozenbeernuts
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Bitcoin hits an all time high. Congrats to everyone who stacked knowing we would get back to this point.
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Glad to see you guys making money on it. I'm just in bitcoin and pawswap.
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Less than two months into the life of bitcoin etfs and they are already halfway to surpassing gold. I wonder if this is a sell signal
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Bitcoin is going to hit an ath before the halving and before the fed cuts rates. Bullish. You should ask yourself which geeks were telling you that bitcoin was guaranteed to make a massive run. All the people who claimed bitcoin was dead haven't said jack about being wrong.
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We are going to hit the ath tonight
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That's a smart strategy.
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The best investors in the world tell you to hold onto your winners. Bitcoin is going to at a bare minimum double from here for the cycle. I also wouldn't be surprised to see it do a 5x
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Bitcoin supply = finite Bitcoin is going to reach an ath BEFORE the halving. We are in totally new territory here. The big players are LOADING TF UP on bitcoin. And you think now is a good time to take profits? Even the best investors will tell you to hold onto your winners.
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You will make money, just not as much. BlackRock applying to allow one of their portfolios access to bitcoin etfs. This is just getting started. I tried telling you when it was low. Oh well. You will see. We have a long ways to go.
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@Alias Detective Michael Saylor about to issue $600m in convertible senior notes to buy more bitcoin. Maybe you should tell him he should be taking more profits instead. I am loving that MS is the hottest stock right now. Somehow I knew that this strategy would be the single biggest arbitrage any company could make. Yet ceos making millions of dollars per year couldn't figure it out.
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MS about to issue more debt to buy bitcoin. Idk what the equilibrium of their share price to bitcoin holdings it, but I think the rally is far from over
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If that's how you interpret the chart, then that's unfortunate. How did some of us know for a fact that bitcoin would rally from $15k, all the way to $67k today, and still think it had a ton of runway? Because we can zoom out and see the trend. Everyone should take profits in alts, 100%. That's their entire point of existance. When it comes to bitcon though, it's going up forever against the dollar. I understand taking profits only if your goal is to stack more bitcoin. Not to stack more of an infinite supply of something.
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I mean, you are the one who let a 2008 obviously overheated stock market ruin your chance of making money on the most bullish chart we have ever seen before. Go look at that chart again. Even when bitcoin drops dramatically, because it will, it's going to bounce back for the next cycle. You aren't understanding that a fixed supply commodity isn't the same as anything else we have ever seen.
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Gold is actually making a move up. I think all of this signal is indicative of fiat currency being in big trouble. I'm not saying everything goes up in a few months, but why are hard assets and speculative assets all going up right now?
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Nocoiner tears will be extra salty this cycle. Almost everyone who doesn't have bitcoin will have purposely sat out for multiple cycles. They will be fking pissed. Just buy like $100 worth of bitcoin to lessen the self loathing.
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Look at the bitcoin chart from inception. The single most bullish chart. If you look at that and think that is the makings of a bubble, then you need to do more research.
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IBIT hits average trading volume in first hour today. I wonder if this is bullish for bitcoin
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Where do you get leverage from?
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Friday doubled the previous trading volume record for bitcoin etfs. The price was completely static for two days however. That's because over $1 billion flowed out of Grayscale. It's so obvious that Grayscale was set up to bleed coins to BlackRock at a cheaper price. Grayscale had such a massive lead on bitcoin. Their trust held 600k. One would think that holding onto them would be the biggest concern. Yet their fees were 6x that of competitors?
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That's where I buy it. This isn't a typical meme coin. They have apparently figured out how to swap between different coins on their native layer. No need to use wrapped ethereum or to build on their platform. This is the only reason I'm so bullish on it. It had an actual use case. It's in beta right now. My buddy who is tied in pretty deep with the devs thinks this is going to revolutionize crypto. $100B market cap seems completely doable.
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This is just as bad as pandemic lockdowns and forced vaccination. Trump did nothing to stop them. He was the head of project warp speed. Not as bad as Biden, but this guy isn't in your side. Are you really pro digital identification?
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Pawswap is building partnerships behind the scenes. A top 10 exchange is interested in using it for their base layer to swap between coin layers. The same marketing team that drove Shib to a $100b valuation, with zero use case, is behind pawswap. Paw is actually working great from what I'm hearing about the beta. They will not be spending on marketing until the beta is finished. The team does not want this to be a pump and dump. They want healthy growth. I'm telling you, this is a coin you are going to wish you added to your list of lottery tickets. It's still unlisted. My absolute minimum expectation is 100x, and that will be a disappointment imo.
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Wef made a pro bitcoin video. Ok now I'm concerned https://twitter.com/DocumentingBTC/status/1763932959290147012?s=19
