All the models will inevitably get destroyed when every person, family, corporation and nation runs for the narrow exit door.
#bitcoin
Bruce⚡️
npub1tpzu...t9uf
Software developer and investor.
Bitcoin is the greatest brand of all.
#BITCOIN price drivers:
1. Inflation
2. Adoption
3. Utilities - L2, 3, 4, 5 applications
4. Oceans of institutions & nation states money is coming
5. Bitcoin will demonetize gold, bonds, stocks & real estate
6. Bitcoin ETF
7. FASB accounting for bitcoin
8. Bitcoin will eat all shitcoins
Everything I said here is not financial advice, please do your own research.
I am looking forward to checking my $MSTR stock position in my 401K account tomorrow. Plus #bitcoin probably continue to rip tomorrow.
Good night.
#Bitcoin is ripping again 🔥🔥🔥
WEEKLY RECAP:
1. The fed cut rates by 50bps.
2. MSTR raised $1B to buy more #Bitcoin.
3. BNY Mellon has been approved to custody #BTC.
4. SEC approved options for BlackRock's #Bitcoin ETF.
- Simply Bitcoin
Australian #bitcoin ETF also wants your bitcoins.
Only 27 months in the last 13 years generated ALL bitcoin gain. 2013, 2017, 2020/21 ... don't miss the next leg up!
- Plan B
#Bitcoin is the best way to preserve your purchasing power against perpetual money printing.
$MSTR is a derivative of #bitcoin.
The money printer always go parabolic, only #bitcoin can fix it.
View quoted note →
LYN ALDEN: Picture this: #Bitcoin is like creating an iPhone. Then twenty thousand imitators churn out buggy knock-offs with glued-on Apple logos that don’t work. That’s crypto.
Now they have a chance to make it really decentralized like Bitcoin and Nostr. hopefully they get it right this time.
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The approval of options for $IBIT will accelerate institutional #Bitcoin adoption. 🚀
- Michael Saylor
Michael Saylor just bought another $500 million in #Bitcoin
He will buy $500M more soon.
🔥🔥🔥
The market is now pricing in a 50% chance of a US recession by June 2025.
The percentage has more than doubled over the last month and is up from just 10% in July.
Furthermore, the market is pricing in a 50% probability that the Fed will cut rates by at least 200 basis points over the next 8 months.
By comparison, the Federal Reserve expects 150 basis points of rate cuts by the end of 2025.
This comes after a 50 basis point rate reduction on Wednesday which marked the largest surprise for markets since 2008.
The market is clearly pricing-in a recession.
It depends who those 1% owners are. If a lot of billionaires and millionaires in the even 0.1%, bitcoin price will be $10 million already .
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