Frozenbeernuts
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Content Count
30,226 -
Joined
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49
Everything posted by Frozenbeernuts
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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
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I wonder if a nation state trading their forever failing currency for bitcoin is bullish.... for bitcoin
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Yep. BlackRock got scammed.
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BlackRock's bitcoin etf is the fastest etf to $10billion ever. I wonder if this is bullish for bitcoin.
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One of the largest single withdrawals ever from Coinbase, 16,000 bitcoin, was executed last night. I wonder if this is bullish for bitcoin.
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February was the largest monthly candle for bitcoin ever in nominal terms. I wonder if this is a REALLY bullish sign.
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The Vanguard ceo getting fired by bitcoin is pretty funny ngl
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Bitcoin has reached an all time high in 30 countries already. I wonder if this is happening just as designed. I wonder if last cycle being so lack luster has lowered people's expectations for this cycle a little too much.
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##### yeah mine too
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Anything under $1million won't surprise me. If we go over $1 million this cycle I will be surprised. I do expect over $1 million in next cycle.
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How long until nobody's $80k bitcoin cycle top prediction looks really REALLY low?
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Merrill Lynch and Wells Fargo to offer bitcoin etf exposure to clients. I wonder if this is a bullish or bearish sign.