Here's our second Blog Article on our
#Bitcoin
/ India plan. This one has a lot of backstory kind of like the first one did. I'm hoping the next one will be more current. Please share/retweet/comment with feedback! I still need a good title for our blog
An attack on
#Bitcoin
in 5 Steps:
1) Blackrock launches a spot ETF and pumps the price of Bitcoin to $1M per coin.
2) We all sell our coins to Blackrock ETF because $1M 🎉🥳🎈
3) Blackrock owns all the coins now (not your keys…)
4) In a couple of years $1M buys you a Happy Meal
I first bought
#bitcoin
about right where the left side of that red circle is on the chart.
The spike in the red circle used to look as big as the spike in the blue circle. By 2017 the spike in the red circle looked like the spike in the green circle. Today you can hardly see a
My dad is a pilot for American Airlines.
His matched retirement portfolio is managed by Fidelity.
He’s calling them at 8am tomorrow to reallocate.
Big stuff coming.
#Bitcoin
Alright everyone if you aren’t aware; my wife and I have sold our house and put all our equity into
#bitcoin
. In March we will be moving our family to India for two years to live cheap and hang out during the bull market.
Follow along on our journey. Will be putting together a
1) buy $30k worth of furniture on a credit card
2) make no payments for a couple months to crash your credit score
3) get better mortgage terms because FICO now under 620
4) with better terms secured, pay off entire credit card with money saved on Down payment.
Welcome to my
“It will be clear by the end of May that
#Bitcoin
is the only crypto asset that will be embraced by regulators worldwide.”
-
@saylor
on spaces right now
This ETH approval has really spoiled this move up in bitcoin.
If I was a conspiracy theorist—and I am—I would say this was an intentional release of news to help contain
#bitcoin
.
The 90-day no-trade window for bitcoin ETFs ended today for many companies and there were/are
Smash buy on
@SwanBitcoin
for my mom. They jacked her rent up by $400 per month last week and after a short conversation with her about how her USD savings is going to keep being inflated away she mailed me a check with enough of her savings to buy her another
#bitcoin
(which
Are you guys aware that the 3 banks that collapsed so far this year were bigger than all 25 that collapsed in 2008?
Probably should buy AND SELF CUSTODY some
#Bitcoin
.
@sircryptotips
No we’re not on the same team. Bitcoin is directly opposed to fiat. Etheriem is an extension of fiat.
#bitcoin
is the opposite of Etheriem.
@btc_p2p
You use your bitcoin as collateral to get a loan to pay off your house and then refinance the loan every year as your bitcoin grows and less is required as collateral. You don’t sell bitcoin for a house.
I have been telling everyone when they ask that I think we’re going to “a minimum of $150-180k this cycle [meaning end of ‘25]”…
But what I actually believe (and have tried to not be throwing out crazy public price predictions) is that we’re going between $500k and $700k this
Fiat is in my bank account from the house sale. Tomorrow it’ll get wired to the CEO of
#bitcoin
and exchanged for a few more bitcoins.
Currently in my in-laws’ basement with chaos and disorder. Trying to get our stuff organized and stored (the stuff we haven’t sold, that is).
Did you know if you’re
1) Married Filing Jointly
2) American
3) Selling your primary residence
that the first $500k in profit from your home sale is exempt from capital gains taxes?
Furthermore, did you know you can use this exemption every 2 years?
Anyway I’m thinking about
Soooo… now that we know Satoshi used the word “retarded” would you guys say you’re closer or further away to joining me in the belief that Elon is Satoshi?
#bitcoin
@notlouisck
Contrast median home prices whilst priced in USD (green, gets more expensive over time) with prices whilst priced in
#Bitcoin
(Orange, homes/everything else gets CHEAPER over time).
#Bitcoin
IS THE LIFEBOAT. Only way out.
@PeterSchiff
Prices are set at the margin,
@PeterSchiff
.
Miners are the only natural sellers of
#Bitcoin
.
The amount of bitcoin they can mine (and therefore sell) is cut in half.
@PamishaC
I don’t subscribe to your theory. Bitcoin is money. Money is needed by everyone. Only 0.5% of people hold bitcoin. I expect accelerating returns soon.
🧵: you need to know what you have. Bitcoin is the next (last?) world reserve. Bitcoin is the only lifeboat out of the sinking fiat ship. Bitcoin is *way* bigger than “digital gold”
cc:
@BritishHodl
“The TRUE Opportunity of Bitcoin”
I don’t agree with
@JasonPLowery
on a number of things. I’m not a statist at all. He definitely is. I still think he’s putting forth a well-researched and honest argument in good faith. I appreciate the perspectives he offers and I’m a little disappointed in the reaction he
🧵:
Lots of smart people have explained how the institutional investment will happen on a massive scale when
1) regulatory clarity is achieved in the USA (ie Gensler going after crypto unregistered securities)
2) financial instruments exist that allow
If the SEC approved a
#Bitcoin
spot ETF, the price would jump to $1,000,000 a coin and they don’t want to be the ones responsible for sending Bitcoin to the moon. A spot ETF will be approved after we reach the moon on our own.