Bruce⚡️'s avatar
Bruce⚡️
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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’m beginning to believe that the ₿itcoin cycle all-time-highs exist randomly within a large price range. So anything can happen up there. But the ₿itcoin cycle floor-support (red line) is more precise and exists within a tighter price range. So it looks solid. This means that the next cycle all-time-high could hit anywhere within these large resistance ranges. Conclusion: $290k to $600k price range is in play for end of 2025. -John Osterman image
#Bitcoin is an idea it’s time has come, nobody can stop it. It is unstoppable. 99% of the people still don’t understand it. People understand it will make 100X gain someday.
PayPal now allows U.S. business accounts to buy, sell, and transfer #Bitcoin, expanding its services for merchants. #BTC 🔥🔥🔥
#Bitcoin didn’t die in 2011, 2015, 2018, 2020, and 2022, it always comes back to make new ATH. Only those who can stomach the volatility will see the light at the end of tunnel and reach financial freedom.
#Bitcoin didn’t die in 2011, 2015, 2018, 2020, and 2022, it always comes back to make new ATH. Only this can stomach the volatility can see the light at the end of tunnel and reach financial freedom.
Time and #bitcoin is the only two things that are truly scarce. No matter how much money you pay, you can’t buy back your time on earth.
US bitcoin ETFs had good day yesterday pushing YTD flows to new high water mark of $17.8b. They’re now 92% of the way to owning 1million bitcoin and 83% of way to passing Satoshi as top holder. Tick tock.. - Eric Balchunas image
$MSTR Treasury Year 1: $500,000,000 in cash $MSTR Treasury Year 4: $16,211,458,155 in #Bitcoin
#Bitcoin is digital scarcity. Even all the world’s money flows into bitcoin, it is still only 21 million bitcoins and nobody can make more of it.
Milei repeals rent controls in Argentina. The results in Buenos Aires since last October: - housing rental supply up 170% - rents down 40% image
#Bitcoin is an emerging global monetary alternative; a scarce, global, decentralized, non-sovereign asset. - Robbie Mitchnick, @BlackRock Head of Digital Assets
This is what #Bitcoin is getting in 2024: - Pro Bitcoin President - Pro Bitcoin Congress - Spot Bitcoin ETF - Bitcoin options trading - Strategic Bitcoin reserve - Banks to custody Bitcoin - Nation states mining YOU ARE NOT BULLISH ENOUGH
As measured by $BTC per capita, Bhutan is the leader in #Bitcoin adoption. The country of Bhutan holds 13,011 $BTC, which it quietly acquired through mining. With its small population of ~800K, this means the government holds 1,662,843 sats ($1,040) per citizen, significantly more than any other country, including El Salvador.