Bitcoin at $200
Me to friend: “Dude you should really look into BTC as an investment, one way or another it’s going to change the world over the next 5-10 years.”
BTC at $9k Friend to me: “Dude I heard Bitcoin crashed, you get out ok?”
#Bitcoin
became a half a trillion dollar network with no ICO, no marketing budget, no corporate office, no CEO, no bank endorsements, no crypto fund endorsements... BTC is the standard
Things I did during the 14/15 bear market 1) Lost lots of BTC by leaving it in Alts 2) Sent all my Viacoin to Cryptodouble (Rekt) 3) Started Trading forex (fail) 4) Hacked 5) Invested in cloud mining (rekt) 6) Shorted $170 20x leverage (OKCoin) 7) Most importantly, never gave up
Most obvious signs you know very little about
#bitcoin
and
#crypto
...
1) "It's all about blockchain, not Bitcoin"
2) "Tulips!"
3)" Bitcoin is only used for money laundering"
4) "Bitcoin is anonymous"
5) "Central banks will just create their own Bitcoin"
6) "Bitcoin is AOL"
@Agnost_
@mcuban
@smdiehl
My buddy couldn't get a loan from the bank so he borrowed 7 figures via aave against his BTC and stablecoins day of closing. But yeah crypto is only used for illegal activities and tax evasion. Have fun staying poor over the next decade.
@repcleaver
@Bitcoin
@blockchain
@BTCFoundation
@DigitalChamber
You better educate yourself... Bitcoin is the most transparent and auditable ledger in the world of money, every transaction is traceable. The USD on the other hand is completely anonymous and used by nefarious actors worldwide.
#Bitcoin
is now 12 years old, has been around longer than Instagram, Uber, and Lyft, consistently does 2-3 Billion dollars a day in transactional volume and there are people who still think it's a fad and worthless.
@GaryGensler
Yo Gary, can we go after the guy in this video too? We all bought algo cuz of him and now we’re homeless and the wives left us. Thank you for your protection sir
Two questions I got tonight at a Christmas party... 1) I heard "Bitcom" isn't doing well lately, are you still involved. 2) Do you work for the company Bitcoin? Conclusion: We still have a LONG way to go.
#bitcoin
Broke: "Bitcoin will go to zero because it isn't backed by a government"
Woke: "Bitcoin will outlive governments because it isn't backed by one"
#bitcoin
The amount of pseudo-intellects that have come into the Crypto space denouncing
#Bitcoin
and calling it flawed and “old tech” is staggering. Could it be your own way to justify missing Bitcoin from 2010 to 2016? “I missed BTC, I’m too smart to do that, therefore it must die”
“I don’t think we shall ever have a good money again before taking the thing out of the hands of government, that is we can’t take it violently out of the hand of government, all we can do is by some sly roundabout way, introduce something they can’t stop.” F.A. Hayek
#Austrian
Days like today really separate the people who truly understand
#Bitcoin
and where this technology will take us to people just looking to make a quick buck. I’m all too familiar seeing this cycle play in 2014, where the vast majority gave up on it and moved on.
Most people don’t believe me when I say over 90% of the crypto personalities and traders from the 2014 bubble disappeared and never came back when BTC dropped below $250. Conviction is hard at extremes.
#bitcoin
US government: Go spend money and buy lottery tickets NOW, you have a 1 in 400 million chance of winning.
Also US Government: You’re not allowed to invest in “insert” early stage startup, you’re not a qualified investor.
#Bitcoin
traders...
Yesterday "We're going to see sub $5k in the next 48 hours and a prolonged bear market"
Today "That was just a healthy correction, I knew we wouldn't break below $6k, so glad I caught the bottom, all time highs again soon"
Since the market is flat, how about downloading the wallet from the App Store and giving it a 1 star rating for blatantly trying to mislead and defraud users. $bcash
#bitcoin
With over 84k hotspots added just last month and miners back ordered for months. $HNT might be the fastest growing network in the world at the moment.
@helium
@danheld
@nntaleb
I don’t understand why Taleb has never had an issue with Bitcoin’s volatility till post COVID? He saw the bubble in 2013, he saw it in 2017... now all of a sudden he takes issue to its inherent volatility as it matures and gets bigger? Doesn’t add up
The
@Helium
Network is the BIGGEST real-world blockchain, thanks to you 🎉!
Over the past month, an average of 1.5+ Hotspots have come online per minute to provide coverage and mine $HNT.
Where are you mining or planning to?
#Bitcoin
goes on a run from 5k to 20k bringing millions of new people into the market.
#Ethereum
goes on a run from $400 to $1400 bringing millions of new people into the market. The pattern repeats. Crypto is a global virus.
“Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria,” he said. “The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.”
Everyone is as sure about
#Ethereum
falling another 50-75% as they were about $ETH overtaking $BTC just a year ago. Keep track of those emotions people.
$BTC It is crucial for bulls to hold the 25MA which aligns with this level @ 8775$.
If they can't, it would bring up the possibility of bitcoin's 10 year long bullish trend finally coming to an end.
This tax would effectively drive ALL mining revenue overseas which means the US Government wouldn't be able to collect any tax at all lmao. Who comes up with these ridiculous policies??
It all starts with the topic of "What is money?"... when people finally understand money has historically been a trusted centralized accounting system. They start to understand the power of
#Bitcoin
.
$20k bulls revised their target to 40-50k at the end of 2017... There's a lesson to be learned here as we are approaching what is likely the bottom of the bear market.
#Bitcoin
Let's pretend for a second
@coinbase
didn't purposely add full $BCH support on a day where
#bitcoin
was showing weakness. How's that
#Segwit
coming along guys?
Heaviest objects in the universe
1) Black Holes
2) Neutron Stars: “A teaspoon of neutron star would weigh around a billion tons,” Associate Professor Melatos says.
3) Bags of
#Zcash
$ZEC