It’s not going to be like 2016. The big boys have come to play. They don’t FOMO. They dominate. The positions they take will be colonial. They have long time horizons and they are not buying bitcoin with paychecks. This bullrun will cause suicides. When dumbass traders realize what they had in their hands that they sold for a measly 2-3x. Working class wholecoins will start to be few and far between. Because buying a whole coin will require you to sell your house. This next 4 years is not just “the next cycle” it’s the next phase. Where governments will have to respond. Where criminals are going to step up their game. Where publicly declaring that you have a whole bitcoin could be dangerous to you and you’re family. This bull run is not going to be a retail FOMO extravaganza. This bull run is the beginning of the fall of fiat. This bull run will cement Satoshi’s white paper as one of the most important documents in human history.
It’s not going to be like 2016. The big boys have come to play. They don’t FOMO. They dominate...
There will be no 80% correction. There will be no fall from $300,000 to 50k.
Grayscale is not a weak hand. Microstrategy is not a weak hand. Fidelity is not a weak hand. The institutions that are buying bitcoin couldn’t give a shit about “when Lambo”. They get lambos for free. They control governments. People expect that hyperbitcoinization will occur with government adoption. companies that are and will buy in the next year, are the ones that have the governments in their pockets.
How delusional are you?
Bitcoin sucks dude. Buy BSV
>Grayscale is not a weak hand. Microstrategy is not a weak hand. Fidelity is not a weak hand.
You do realize these companies could just coordinate a dump once coins reach their price targets?
Cryptocurrencies are not securities and therefore are not regulated which means large funds are free to manipulate the market as they please with little legal repercussions.
Funds do more than just buy and hold.
microstrategy will never buy your shitcoin
>You do realize these companies could just coordinate a dump once coins reach their price targets?
Obviously they don't have our best interests at heart and would dump on us in a second if they could, but they really can't. Their buys had to arranged OTC and their sells would have to be arranged OTC. They're just too big for the retail market to absorb right now
the only reason anyone is willing to buy and hold bitcoins is because other people are also willing
its about brand not performance
nobody wants BSV
They don't have to dump all at once. They could throttle sell.
don’t bother preaching to the high time preference mouth breathing retards here. either they have the willpower to make it, or they don’t. economic natural selection
Honestly I doubt they would do a massive dump like that. It would hurt their credibility of trust as an institution. They will do small sell off when they need cash, but I truly believe these boys believe it is a store of value
your family*
stopped reading here
you are euphoric
your grey matter brain has read to much dystopian fiction
Dude those banks manipulate the foreign exchange all the time, they get punished buts it just a slap on the wrist.
phenomenally based
x)
>It would hurt their credibility of trust as an institution.
It's only the trust of their investors they care about. If they make their investors money without repercussions (for btc there wouldn't be any) that would gain the trust of any potential investor in their funds.
I want to believe
i'm just hoping for a good shakeout to load up some gbtc in my ira
Pasta
nice copy and paste from twitter
Should I move from my mooning shitcoins into btc?
Not gonna sell my btcs, but last time we saw threads exactly like this one.
>and therefore are not regulated
>thinks the federal govt hasn't regulated every activity on earth
As a disciplined holder my erection from your post has become painful and is sure to last 4 hours. Please continue
TopKek
This is the funniest and most retarded thing I have read here in a while
>This time it's different
>Just hold the bags
Based, OP. I don't think most of the guys on Zig Forums truly understand what blockchain technology is, what it actually means, or the real reasons that it may have been released. Most people here see it as a way to get rich, a way to buy and sell to increase the amount of government monopoly money that they have. It may have that effect during its adoption, but if you think about it that way the point is completely going over your head. Satoshi Nakamoto didn't release this as internet fun money. It's a weapon. Decentralized currency, if it reached mass adoption, would completely flip the current world order on its head by removing value from the archaic centralized corrupt systems of power. My reasoning only feels more correct when you think about how the rising price of BTC makes normies FOMO in and remove even more value from our smoke and mirrors economy. They do not want this to happen, if they don't move their disproportionate wealth into crypto as soon as possible they will completely lose any value they used to have. That's why they're quietly making moves. We have a limited amount of time to normalize Bitcoin and keep it decentralized in order to destroy the current world order and overthrow the people who pull the strings. If they buy the entire supply or normies sell out once they 3x, it's over. NEVER. EVER. SELL. The amount of power in your hands if you hold even one Bitcoin by 2030 will be insane. They know this. By paying normies to sell at a higher price for fiat, they're basically buying their ability to control your life from you, in their printed monopoly money. To everyone reading - Accumulate as much as possible. Do not hold USD. Treat it like it's on fire (it is) and get rid of it for assets. Institutions are slow, so it took them 10 years to realize the threat and execute a game plan. We are in the final stages. It doesn't matter what your political beliefs are, if you think there are rich people who control the world then HOLD.
advertising got cheap in the pandemic in the UK. So shitty small companies like them can afford it
Thats all there is to say, for now.
You get it
(cont) This sounds like a schizo rant, and I'm not the most eloquent writer, but I believe this is the case. Whoever Satoshi Nakamoto is/was realized that this was the ultimate weapon to reshape the playing field without another world war. The only way to take down the corrupt world order that was "too big to fail." If you are tired of people who want you broke, dead, your kids raped and brainwashed, and think it's funny, then vote with your wallet. Let's crash this fucking thing.
based
t.
if he ever ended up buying?
>if you hold even one Bitcoin by 2030 will be insane
This is nothing else than saying: Being a millionaire is insane
Congratz user. Everybody with half a brain can become a millionaire and still, it's nothing after all
Or you could just use your fiat money to buy pieces of the economy: stock in a company, land, etc.
The difference is which direction the money is being siphoned from.
>Institutions are not weak hands
Yes but no
Even if most institutions can see the crash coming they can't stop it, they will instead sell the top and dump on new bagholders
Market psychology is the same just at different scales for different liquidity
Why was there a dotcom bomb after all? A 1929? A 1987?
The boomer hedge funds and family offices are not in yet
This shit is gonna make headlines, both on the way up and the way down
I do share the feeling though that the buy pressure this time will be greater meaning we'll go -75% instead of -85%
>Whoever Satoshi Nakamoto is/was
It was the same collective, that runs our current world
BTC was never a threat for them. All it gave them, was a reason to usher in a CBDC. That doesn't mean you shouldn't buy BTC though.
But don't be delusional and think they couldn't have shut it down in the early days if they didn't want to.
They don't sell. Why do you sell a deflationary currency? It makes no sense to sell it. The game is to use BTC as a base for their own financial products. The price of BTC will increase in the long run. They will use it as collateral to get more fiat and to pump it into other assets to get more fiat to buy in the end more BTC.
Governments won't ban BTC because these institutions who bought bitcoin are then, or are already too big to fail. That's what you perma bobos don't get.
1 BTC will be within the next 5 years the Make it stack.
very powerful op
screencapped
on one hand the average no nations, no borders, pro-diversity retard deserves this because they did everything their masters said on another hand it's going to fuck me too so.
BASED DEPARTMENT CALLING
bitcoin literally doesnt do anything, it's not fun to transact it. you have no incentive to hold it
>you’re family
stopped reading here
you're correct tho
>1 BTC will be within the next 5 years the Make it stack.
What's your take on how long this cycle will be?