Think you have a strong hand? After 2017 #Bitcoin had an 83% retracement from $20,000 to $3,400. The equivalent price drop today would be from $69,000 to $11,730. That's where more HODL legends will be made. π»π
"And a huge problem with #Bitcoinβ―β―β― is that you can't trust it because it's not backed by the government!"
Shout out to @AwakenWithJP for this absolute classic! π»π
Saylor: "I've bought 279,420 Bitcoin now worth $25 Billion and now I'm stuck on stage with an asshole who claims he met Satoshi in 1993." Fckn priceless! π
Everyone is cheering #Bitcoin now being steadily above $40,000 and I totally get it. We all love NGU. I'm just here to give a shout out to those who started in 2021 and DCA/HODL'd from $60+ down to $15K and back up. The classes of 2013 and 2017 salute you. π»π«‘πͺ
[Ad Agency]: So who is your target audience?
[Jaguar]: Well, 95% of our sales are to middle-aged heterosexual white men.
[Ad Agency]: We have just the right idea for you.
Congratulations #Ethereum . You've just re-created a centralized monetary system whose policy is controlled by a few people. Really guys. What an amazing accomplishment. π»π
My car is 15 years old and I was getting a case of new car fever. Drank a few beers, listened to another @michael_saylor podcast and punched myself in the face for being such a little bitch. Fever is now cured and bought more #Bitcoin instead. π»
Amount of #Bitcoin owned by 2 companies:
MicroStrategy: 124,391
Tesla: 43,200
Total: 167,591
The annual amount of #Bitcoin to be mined after the next Halving: 164,250.
Let that sink in.
The big boys aren't even here yet.
Don't give your #BTC away cheaply. π»π
Anyone who sells #Bitcoin because of SEC news regarding ETF's have no fucking clue what they're doing and shouldn't have been here in the first place. π»π
Four years ago today I did a smash buy of 0.014118789 #Bitcoin when it was $17,706.90 to start this epic journey. Hell, I didn't even know what the fuck a Halving was. Cheers to all the fellow plebs I've gotten to know along the way. I love you all. π»π
I was talking to a nocoiner who was attending the #BitcoinConference with a friend. He said the interesting thing was that he hadn't heard one person talk about buying #Bitcoin to "get rich". I told him that's because we are here to change the world. He gets it now.
[Bitcoin at $60,000]: It's too late for me. I should have got in at $30,000.
[Bitcoin crashes to $30,000]: If Bitcoin can get back to $60,000 I am definitely buying.
*same person π»π
[Co-worker]: "Are you still into that #Bitcoin thing? I remember you talking about it for a few years now."
Me: "Yes."
"Should I get some?"
"No. It's probably not for you."
*me orange-pilling
Sure, leave the best thing going for women's basketball off the team that's being showcased on the world stage during the Olympics and say goodbye to 100's of Millions of dollars in potential investments and sponsorships for the WNBA. You can't make this shit up.
My #Bitcoin Journey according to friends:
2017: You're so Smart!
2018: You're so Dumb!
2019: So Fucking Dumb!
2020: You're Still Here!?
2021 (April): You're a God Damn Genius!
2021 (May): You're so Dumb!
Few. π»π
#Bitcoin pumped from $7,000 to $10,000 over the past month. It then has a retracement to $8,700 and No-coiners flood Twitter to tell everyone #Btc sucks because it dropped 12%. For any noobs out there get used to it. This is the #HODL life.
Would you rather memorize 12/24 words or stand in a 10 hour queue at an ATM hoping to withdrawal the $400 limit of your life savings before fleeing your country?
This is what's left behind after mining Nickel for electric car batteries. Amirite @elonmusk ?? "Wasteful energy consumption by me but not for thee" apparently. π»π
The simple fact that properly stored #Bitcoin is unconfiscatable should make each bitcoin alone worth $1,000,000.
For the first time in human history people have an asset class that can't be seized or controlled by any bank or government.
Few understand this.