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My bitcoin has been going nutssssssss! Up 70% in the last month and almost 1000% this year! Gimme the loot baby!    Edit: when bitcoin was first developed I started mining it and had al

Meanwhile in NFT land...    

The first rule of crossfit/Crypto: always talk about crossfit/crypto

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21 minutes ago, OILERMAN said:

Oh please, every reason you guys gave for BTC going up was wrong

LMAO..... 

 

There is literally infinite fiat to purchase finite bitcoin. That is/was and will continue to be the core reason why it keeps appreciating against all other assets and currencies. 

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On 11/5/2020 at 1:17 PM, Supdawg said:

Been thinking about it. But I wanted to make sure we cleared the 12K resistance. I think it's undeniable (ATH). Question is where will it top out this time? 30K? 50K? 


Whatever the top of this cycle may be, expect a 80% draw down. 

 

There has been major corporations adding Bitcoin to their balance sheets. It won't surprise me to hear of the first country doing the same thing. Cleary demand post-halving has far outstripped supply. Spot volumes across all of the major exchanges show reductions in the reserves. 

 

I'd encourage everyone reading this who is curious, check out some of these podcasts with Michael Saylor -CEO of MicroStrategy, who purchased 425M of BTC as a hedge against inflation. That 425M BTC is now worth ~575M. 

 

Listen to this interview. 

 

 

Everyone who is smart should allocate at least 1-3% of their net worth into Bitcoin as a long term hedge. As long as QE and the Fed printing infinite money, Bitcoin will continue to go up over time. 

 

Avengers Endgame GIF

 

 

 

 

This is the first of many posts I've made in this thread where I used the word infinite. You aren't paying attention. 

Here's another:
 

 

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  • 3 weeks later...
16 minutes ago, OilerTitanHybrid said:

Already had some ETH back when I got into BTC 4 1/2 years ago, but also just bought into the Ether ETF (ETH) a month ago.  It's up over 50% in a month.  Remember @titanruss saying he might add some more ETH.  So...

 

image.png.e67fb47c9f8938298ceaa04757e68146.png???

 

You'll never know!

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