Off the back of 650m #Bitcoin ETF Friday and a narrative that “clarity” 137 line minimum alters Act is coming 🤣
Luna Classic has 6 trillion tokens and has doubled its marketcap in price in 20 days
Bitcoin limited to 21m and 10,000 daily coin swipes regular or more… trading like there’s plenty to go round
From 2017 I’ll offer 1 similarity
Before every Bitcoin run, 1 altcoin went ballistic under the radar
In 2017 it was Ethereum
In 2021 it was Doge
In 2025 it was Zcash/BNB
IN 2026 its LUNC
Signals repeat and I’ve bought enough in this range and nobody deserves anymore below 100k
#bitcoin
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Watched a couple of blocks of the #bitcoin conference
Had multiple holders on stage say
“They have no idea what to do now, no idea where Bitcoin is going and not sure as didn’t expect for government to be so accepting so fast”
If I was a no coiner, went here and heard that, I’d never buy
In 10 years I don’t remember government being the plan in Bitcoin, and no idea what to do?
Wow…. I really hope this conference is abandoned for good for the sake of adoption. This conference is very bad
After years of abuse about telling people to stay away from #bitcoin conferences and podcasts
Today all I hear is…. The fatigue of these events
Finally… I’m really hoping for integration, rather than talk
There is nothing left to talk about
I watched a 5 minute block on YT Just to be subjective and I do hope to be wrong sometimes… nope just a bunch of people nobody knows jabbering for hours about nothing important for #bitcoin
Talk is very useless in bitcoin
Jack said Bitcoin is money…. Aren’t we past that too? It’s been said
Time to get on with it, or forget about it
#Bitcoin price always goes down at Bitcoin conference time
It’s a horrible event, brings together nothing but trouble for the progress of Bitcoin
Stay the course, ignore the podcasting conferences and remember Bitcoin is simple
21 m and get them all as fast as possible into self custody of whatever degree you use
That’s it….
It’s not sent from the gods, it’s not a miracle and it’s not freedom money… it’s just the best form of money there is
If Wall Street hold all the coins or majority it won’t set anyone free
It’s time to get on with it
The international #bitcoin nonsense conference is on tomorrow
If you want to save some brain cells buy Bitcoin every hour it’s on until it’s finished
Go watch a Saylor or Jack interview, really nothing more to say on the subject
Then it’s a shitcoiner lineup with hopium they don’t say stablecoin 10,000 times an hour
You look at the top 20 #Cryptos and you have to wonder what people want from them
Ethereum has its own people as its enemy
XRP same problem plus it’s a banker run coin
Cardano is very dead
Litecoin just failed and they didn’t know for hours before they fixed it. A dead chain
Monero in 2017 was great, now dead to most
BNB ran by Cryptos biggest scammer
Solana has broken so many times it’s unbearable
Tron…. Justin Sun will end up in prison one day
Bitcoin cash lost its creator to near life in prison
I have no idea what Leo is or does
At this point the whole Crypto economy should just dump straight into #Bitcoin all together
Then after the massive Green Candle to 10m$
Everyone can fight over which shit coin shits the best…. Right now, there’s absolutely nothing that makes you even consider other than #Bitcoin
Bitcoin won everything and never had to do anything other then produce blocks lol
Once upon a time #Bitcoin moved freely on weekends
Like most things in Bitcoin
It’s true decentralisation will continue to disappear the longer the true believers continue to turn it over to Wall Street
Bitcoin was once truly decentralised
Now in majority, it’s becoming a market
Yet it has 10,000 use cases, none of which are being sought after
#Bitcoin ETFs took a small 20m buy
Couple of light sellers
BlackRock stay buyers at 22m and Morgan Stanley take a 13 day buy streak at 11m
Crypto Conference is scheduled at Mar A Lago tomorrow: Reports say USA will be crypto capital of the world and Bitcoin…. Bitcoin is very powerful, we can’t let China beat us 🤣🤣 Don’t expect much
I wonder if the USA Crypto voters will bother this round? Nothing like a 50% drop and slow recovery to say “We love Crypto here on capital hill”
Overall Bitcoiners have a shot at unlimited wealth, still yet to act to take it
Bitcoins only market risk is its users, to slow and new tech will become more sought after
#Btc like everything has a window
Many agree price wise is very undervalued, its due to AI taking a lot of market share aka Nvidia hit all time highs today
Everyone can use AI it’s as simple as install a model and you can go from updating to a better profile pic, to coding a full business EVERYONE CAN USE AI
#Bitcoin is not very well integrated and that’s on the users in most part
Better work needs to be done!
As far as me, we took in our 18th record #bitcoin payment for our services today a weekly record, we’ve done so since 2017
Not sure how you can hold #bitcoin and be bearish
This is why I left X
Bitcoiners over there want it to go to zero whilst pushing their entire $4 into it
X damages peoples curiosity
Podcasts do worse
Conferences… wow, I’d be surprised if Vegas sees 8 people
#bitcoin was always simple
21m hardest money ever
How to even simpler: buy some, send to your trezor, exodus, cold card whatever you use, spend some. Wallet transfers
That’s it, takes 2 hours to learn 100% of #bitcoin
After that you’re just wasting time, never read a Bitcoin book EVER!
X made it complicated
#nostr it’s as simple as pushing button
Yet popularity goes to negative city X
Shame really
Another streak growing bigger
Quarter million inflow ETFs
BlackRock 160 plus million
Morgan Stanley with their 16,000 advisors only managed 9m
#bitcoin is certainly disappearing very quickly, sad it’s not all self custody … but, puts IBIT at 1.3 billion for the week
Even if Saylor only grabs a small one this week, someone else does the lifting
I’ve in 10 years, never seen Bitcoin bought like this
Your daily ETF wrangler
We have BlackRock as usual take the big buy over 250m with GBTC the only seller (very ancient coins now)
330m for the inflow. Marks yet another large buy day and 1.1 Billion $ inflow from BlackRock on their own
SATA : Strive Asset in pre market has crossed $100 if it holds their ATM opens up
STRC… if Trump and Iran don’t escalate as Oil is ripping on no news currently. Maybe at the open $100 tough but within a couple of sessions
I really don’t care what you use #bitcoin for as long as you are using it….
That’s the playbook as Bitcoin is still 40% off the all time highs, many stock markets today took out their local highs and continue upwards
Bitcoin supply is under siege, whether it matters soon is another question… inevitably you can’t take 10,000 bitcoin a day off the exchange and it’s not hitting the markets again any time soon without price
Local #Bitcoin $ spots
2 CME gaps were made before Coinbase destroyed the Clarity Act
84k and 92ish k
The 92k came the week of the expected pass of the Clarity act before Armstrong sent us to 60k
Biggest open interest band sits at $126,000 USD still from October as it wasn’t all taken before Binance “glitch” crash
And 111k before the Jane Street 10am slam marathon was stopped due to India findings of manipulation
#Bitcoin is decentralised
The market is not
Stats #bitcoin
Hashrate 1.03 ZHs
Price $77,500 USD
ETFs Buy day 15m
STRC 99.45
Minor buy day for the ETFs BlackRock wound the daily mining supply plus 100 #bitcoin at 39m
#btc now on the move into old territory
Streak in buys ETFs
Weekly large buys by Saylor
I still cannot believe the hate Saylor gets. Bitcoin is for everyone to use how they please, even your enemy
Use case is sorely desired and he built one, which at moment has been working in both high and low prices
I’ve got a good source for the Bloomberg portal for our ETF viewing
Personally I have no idea if it’s just number, paper or real #bitcoin . Which ever side of the fence you’re on I say it’s all justified
The 800k #bitcoin battle between strategy and IBIT is a sight, I really hoped Tom Lee would be happy with his Ether bag and go to stack Bitcoin
Would be a powerhouse if Saylor had 3 or 4 more at that level and Bitcoin would be priced way more accordingly
No new comer deserves a 76k #btc it’s a multi million $ per coin network with a Hashrate thats unbreakable
More use cases would benefit, the Bitcoin conference I don’t see being to successful this year. What’s left to say
?
Saylor and Dorsey will say identical things in their own needs and wants for Bitcoin
There’s no big announcement like El Salvador 2021
Trigger for Bitcoin though are plenty…. The basic DCA psychopath who grabs 0.1 every few months is dangerously underestimated
210 million 0.1 #btc available of which 80% of those are held
At 1m$ that’s 100k in fiat not sure any of the 0.1 holders will drop to many at that level
Value of Bitcoin is right now undervalued, but the only thing that can slow it down further is bad users….
Quantum isn’t an existing threat
All the BIP requests are all over the place
And trying to change spam filters at these levels is unnecessary
Let bitcoin Devs promote good ideas, take on what’s necessary but stop attacking your own network and investing strategy…
Always remember something about @Michael Saylor
He bought 34,000 #bitcoin in one week
If we went back in time and #Bitcoin was $1 , how many of you could buy $34,000 in Bitcoin?
Even those that could in that day didn’t
The Saylor hate is ridiculous, he operates at a buy level most couldn’t repeat if the coin was $0.50
Your local ETF data for today
Is roughly 250m all balckrock with Morgan Stanley continuing their streak
Morgan still very bad numbers considering the expected hype at 8m but here’s the kicker
At 75 k and 450 #bitcoin mined per day = 33m $
So 7 x the mining supply went to Wall Street today… one day it’ll effect bitcoin price, but not today
Now that the market knows the Clarity Act is dead and the republicans have been in majority anti #bitcoin and Crypto
This is the time we see rise
Biden checkpoint 2.0 brought in all time highs even off cycle
Now Trump is anti #bitcoin and his moves are nowhere to be found
I’d expect the same
#btc operates far better in war than peace
The #Bitcoin yawn continues while billions of dollars worth of Bitcoin is sailing to major institutions
All the while you the retail investor wonder why price won’t respond to any good news, supply drop or liquidity increase
#Btc simply moves on chain
And then 100s of thousands of coins that aren’t real move on the derivatives market
Do yourself a favour
CoinGlass
Bitcoin order book
Derivatives
You’ll see 5-10,000 clumps of traded bitcoin per $100 level of which none exists
The failsafe to this is delivery, you can’t deliver what’s not there, Saylor and IBIT are either helping us with supply disappearing or are also paper holders
Evidence suggests paper
But when Saylor wants 30,000 #Bitcoin and derivatives can’t deliver to a client that wants 10,000 in paper that can’t be backed
Big short squeeze trigger
2 ways: 1 Run an exchange drain movement together as a whole and work together (not popular$
2 Cry into your screens as to why it’s not 150k 250k pick a number
Bitcoin was for the people, it’s the people who have to move it…..
Wall Street are taking way too much dominance
Michael Saylor is back in the green
Quite a psychological market level for everyone else but him 🤣
Nobody deserves #Bitcoin bull market more than @Michael Saylor
76k looks good
Order book is 400 Bitcoin to break through 76500
Then it’s see you wherever…. CME gap at 92k could easily be taken
There isn’t a lot in the 80s resistance wise