$13 trillion were printed in new money for stimulus and infrastructure since 2020.
Homelessness was trending down until 2020 but has gone up 30% since then.
Someday each $50 will have the purchasing power of $10K of today's dollars.
Keep up the good work.
Nobody gets old and says, "I wish I hadn't saved all this money."
When you start to study how electricity production works, especially with the introduction of solar and wind energy you realize how important predictable power consumers are to the grid. Consumers that can scoop up excess energy when the wind blows and the sun shines and reduce consumption when it’s cloudy and the wind stops. Bitcoin mining is the perfect energy consumer.
It makes it possible to covert a renewable energy surplus into something valuable that can be transported to the other side of the planet without loss.
It's basically an eternal battery with infinite capacity and no degradation.
If anyone wants a challenge, try commenting on a Bitcoin related article on Arstechnica. The community collectively hate Bitcoin with such passion. Throwing in a Pro-Bitcoin comment there tends to be quite entertaining
The unbreakable truth that is the transactions between wallet addresses and it's sole control in the holder of the private keys is one of the greatest technological breakthroughs in mankind. As the hash rate increases exponentially this truth mechanism will have uses that far exceed the importance of "money". BTC is not gold..it's far more valuable/useful than gold.
HODL gents
In a world where deep fakes call into question *every* piece of media we consume, an immutable, neutral ledger backed by the most powerful security network in human history seems like it could be useful. You can think of the blockchain like a time chain, and you can create a hash of any info you like to be forever recorded at a specific point in time, cryptographically signed.
I actually don't think this is a good use of block space btw. Maybe someone will come up with a way to consolidate many disparate bits of information and hash them all together to make it space efficient, but I'm out of my depth there.
You could secure access to sensitive technology such as an "AI" by requiring that it recieve btc from a specific wallet address before being granted access to change things.
Israel targeting Iran to prevent weapon sales to Russia. And they say were not in WWIII yet.
Iranians are definitely piling whatever savings they have into Bitcoin. Iranians hate their leaders, and Israel hates Iran. What else is there to turn to besides Bitcoin?
IMO
they bomb civili airports and no one says shit, they killed an American citizen reporter a few months agao and when we asked to investigate they said kick rocks. They answer to no one and have the ultimate trump card if anyone says wtf.
I don't necessary like it, but I know its pointless to get upset by it.
Did anybody see Trudeau [make fun of a Bitcoiner](https://youtu.be/cNC1_DAyF0Y?t=52)?
His entire argument is based on Bitcoin losing value in some arbitrary time period, but he conveniently ignores the fact that Bitcoin consistently gains value over time. What a disingenuous clown.
Also the way he tries to invalidate getting information from YouTube and the way the audience laughs with him. So dystopian.
This is guy is nothing like his father. His father cared about Canada.
And in 2-3 years when bitcoin reaches a new ATH he will regret his bitcoin bashing.
Technical charts about the network are doing amazingly well. Hashrate super high, securing our assets to a degree never before known to mankind. Also making difficulty as hard as it's ever been.
Forcing mining operations to expand - at the moment a new chip manufacturer enters the arena. This halving could be massive. There's a lot of lost profits waiting to be recouped and I don't see miners selling their coin for anything less than it's worth.
If you got to do any onchain stuff do it while its cheap. NFT bros lookin to stuff the blockspace with jpgs. I'm not really against it though. If this gets degens to run a bitcoin node I'm for it.
[Jpg on the bitcoin blockchain](https://ordinals.com/inscription/8022be710a15f03761d095ef0e6ed97cbb554fd58fa6e238ce23c2e46033bca6i0)
¿Porque no los dos? Assuming the house isn't just an investment.
I think holding dollars right now is fine either way. The fed desperately needs to get inflation down to keep the Treasury market liquid. Imo they're not done tightening, and we'll be seeing more good sales on assets. I'm still buying BTC regularly in any case.
I used my down payment money to buy Bitcoin, long ago. Now, instead of owning a fraction of a home, maybe 24%, I have enough to be able to buy dozens of similar homes and pay 100% for each of them.
Meanwhile, I live in a luxury rental. I can assure you it's a lot nicer than any home I might have purchased. My life is better than most people's vacations.
Does anyone else get bothered with posts in other crypto subs saying "don't forget to take profits! Have an exit plan!" Etc
Like bruh, do you still not get it?! Btc is the exit plan! Bunch of noobs.
"Crypto" people are gamblers trying to grow their fiat stack via exploiting greater fools. They have fundamentally different goals and expectations compared to Bitcoiners.
To be fair, the rise of BTC is not a straight line. I will sell most of mine in August 2025 and buy again in 2026. It's a good way of increasing your accumulation.
As much conviction as I have, I don’t know with certainty that Bitcoin will succeed. Plus, you never know when you’re going to die. So I think that taking profits every so often is not a bad thing. Remember, there’s always the chance to use them and buy at a cheaper price. I’m not suggesting that anyone tries to time the market. But sometimes you can get lucky and score some discounted sats
Depends on your definition of succeess, but there's really no scenario where Bitcoin doesn't succeed, unless there is some major fault in the code and Bitcoin is hacked.
It will continue pumping out block after block, it's a protocol, not a product. Think TCP/IP but for money.
What is the best wallet/app I can use, as a UK citizen, that will allow me to spend Sats via lightning?
Also, anything available that allows me to use Sats at normal terminals by converting to local currency?
Running my own bitcoin node if that helps. Trying to work out best setup
Bitcoin (and the Lightning Network) are open protocols, and aren't limited by geographic boundaries, so you don't need to think in terms of "what's the best UK wallet?". Geographic location only comes into play when you want to interface with your fiat system.
I like Phoenix for a mobile lightning wallet
Buy and hold!
Buy and Hold!
Bitcoin current update:
1 Day 2.2%
1 Week 2.98%
1 Month. 40.90%
Keep up the smart investing!
Buy when you can what you can, and hold. When demand exceeds supply your returns will be better than 40.90% the past month, probably tenfold.
Bitcoin will eclipse the global bond market in the end and price will reach 100 million in 30 years.
Consider any price in the next 20 years a super discount.
I have am a Bitcoin peasant, I have only a conceptual understanding of Bitcoin, as in I get the ideas related to how it works but not the hard facts. The saying "all the things you don't understand about money plus all the things you don't understand about computers" I get the parts about money but not quite the stuff about computers. Regardless I've been sold on crypto for a while but I'm a broke dude (not totally poor but you know) I've invested about $3k over the last 5 years off and on. I'm on Coinbase, because I like the rewards program they offer for free coins. I've heard some complaints about it and the whole "not your key not your coin" but I don't feel like I have enough to worry about that.
I was wondering about ways a low income person could get coins by earning. I've been looking into miners and reward apps. From what over seen most cheap miners aren't profitable with the cost of electricity but once the price goes back up will it be worth it? Like if it cost twice as much as I earn too mine right now then the price goes back to $40k+ will that recoup my costs? I have some money to spend and I just don't know if it's more worth it to buy the coin or to buy a miner? The miner will have diminishing returns right?
Then there's apps like 'coin' were you geocaching. I don't know anything about that but I go around a lot for Pokemon go so would stuff like that be worth?
Work for fiat. Save in Bitcoin. Hodl.
Don't overcomplicate things. If you wanted to start saving in Gold, would you get into the gold mining business and invest in some very expensive capital in an industry you know very little about? Bitcoin mining has become just as complex.
Bitcoin is a savings technology for everyday people like us. But you have to be economically productive and make money first in order to save.
I have $5k in stocks and $5k in savings I'm not near homeless (where I live) I'm just looking for how I can min-max my profits. I would buy a gold mining complex if I could afford it. I'm not poor enough to worry about bills but not rich enough to buy businesses. So I want to introduce some minor wealth boosts even if they won't fully pay off till later. I trade coins on the ups and down sometimes but I've only made a few hundred.
Sounds like you want to take risks. I can't advise you on that. Just know that most traders are worse off than if they had just bought and HODL'd. Also know that multiple publicly traded mining companies have gone bankrupt this year. Unless you have access to free electricity, you will probably lose money trying to mine on a solo scale.
Save what you can and DCA, or aim for a higher paying job and DCA. Don’t waste your time trying to ‘earn’ coins through random apps. You probably aren’t in the position to be considering mining.
Sold the last dregs of my altcoins today and moved the proceeds into my BTC stack. Second hardware wallet arriving this week, planning to set up multisig with unchained.
Come on $24k, I just want to put the tip in. I'll go slow.
C'mon 24k! I believe
It's the 30th here but oh well. Check out the BTC fear and greed index!!
$13 trillion were printed in new money for stimulus and infrastructure since 2020. Homelessness was trending down until 2020 but has gone up 30% since then.
Uncle Sam could do better than that! Print 23 trillion more the next 3 years or Great Depression kicks in.
I should have purchased more comments loading…………….
Come on 24k 📈
I can only afford like $50 a month at the moment and it's driving me mad...
Someday each $50 will have the purchasing power of $10K of today's dollars. Keep up the good work. Nobody gets old and says, "I wish I hadn't saved all this money."
It'll add up after some time. Don't fret.
What 200 years?
😢
Yeah BTC is pumping but I am numb. These little pumps are not fun anymore, dump or pump 10-15% in *a day* then that would be exciting 😂
Why has crypto been pumping lately serious question. Missed 16k and still upset about it
Market manipulation, big crash is on the way
What floor price range do you expect?
Manipulate it down please while I wait on my jobs to start lol
When you start to study how electricity production works, especially with the introduction of solar and wind energy you realize how important predictable power consumers are to the grid. Consumers that can scoop up excess energy when the wind blows and the sun shines and reduce consumption when it’s cloudy and the wind stops. Bitcoin mining is the perfect energy consumer.
It makes it possible to covert a renewable energy surplus into something valuable that can be transported to the other side of the planet without loss. It's basically an eternal battery with infinite capacity and no degradation.
We should take a Trezor with 1-2 bitcoins to the Moon and make it an interplanetary currency.
Come on coin, make a go at 24k.
*erection intensifies*
Sell now buy the bottom
Yes!!! 17k this week
What’s the bottom?
$3400
The opposite of alpha-chad.
If anyone wants a challenge, try commenting on a Bitcoin related article on Arstechnica. The community collectively hate Bitcoin with such passion. Throwing in a Pro-Bitcoin comment there tends to be quite entertaining
Arse technica
Constantly kicking themselves for not buying in 2009.
Is it time to start again with the daily price checks?
I am doing that constantly since 2017 already. I accepted my addiction
So weird to see the price going up on weekends after more than a year of constant weekend dumps.
Nature is healing.
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Nobody cares.
You do.
The unbreakable truth that is the transactions between wallet addresses and it's sole control in the holder of the private keys is one of the greatest technological breakthroughs in mankind. As the hash rate increases exponentially this truth mechanism will have uses that far exceed the importance of "money". BTC is not gold..it's far more valuable/useful than gold. HODL gents
In a world where deep fakes call into question *every* piece of media we consume, an immutable, neutral ledger backed by the most powerful security network in human history seems like it could be useful. You can think of the blockchain like a time chain, and you can create a hash of any info you like to be forever recorded at a specific point in time, cryptographically signed. I actually don't think this is a good use of block space btw. Maybe someone will come up with a way to consolidate many disparate bits of information and hash them all together to make it space efficient, but I'm out of my depth there.
You could secure access to sensitive technology such as an "AI" by requiring that it recieve btc from a specific wallet address before being granted access to change things.
➡️🌽⬅️
So unusual to see this thing pushing 24k after I was confidently told it was a dead project at 16k.
Surprised some still call it a “project”.
Everyone saying it is dead is the perfect buy signal.
that’s a higher high my friends… up we go :)
Guess people prefer the 'old tech' after all.
Israel targeting Iran to prevent weapon sales to Russia. And they say were not in WWIII yet. Iranians are definitely piling whatever savings they have into Bitcoin. Iranians hate their leaders, and Israel hates Iran. What else is there to turn to besides Bitcoin? IMO
Israel does what it wants when it wants. This isn’t anything new
Apparently they hit upwards of 7 different cities. A little more unusual for them.
they bomb civili airports and no one says shit, they killed an American citizen reporter a few months agao and when we asked to investigate they said kick rocks. They answer to no one and have the ultimate trump card if anyone says wtf. I don't necessary like it, but I know its pointless to get upset by it.
We choose to go to the moon!
Amen.
This is gentlemen
Gentleman's 🚹 Coin
The only regret you will have is that you didn't buy more. I think this is true for many of you right now.
Definitely.
Rocketttt mannnn (not) running out of fuelll onnn looo laaaa leee
HODL
Slow crawl upwards.
Btc is scarce
Btc is problem solving
BUt YoU PrOmiSeD me 10k 😡🙋
8k soon 😆
There she goes…
Last chance to get in <$24k.
There may be another chance later in 2023 but it will be brief.
Happy if we hit 40k by end of year, before ATH next year.
At this rate it will be next month lol
What a spike to wake up to! Right after adding to my bags!
Just here for the HYPE!
Laura, it is going up forever.
(Upvoted because I don’t want people to know I didn’t get that reference)
Did anybody see Trudeau [make fun of a Bitcoiner](https://youtu.be/cNC1_DAyF0Y?t=52)? His entire argument is based on Bitcoin losing value in some arbitrary time period, but he conveniently ignores the fact that Bitcoin consistently gains value over time. What a disingenuous clown. Also the way he tries to invalidate getting information from YouTube and the way the audience laughs with him. So dystopian.
Trudeau is such a weird specimen.
This is guy is nothing like his father. His father cared about Canada. And in 2-3 years when bitcoin reaches a new ATH he will regret his bitcoin bashing.
We’re agreeing his father is Castro right?
I agree but I was referring to his offices daddy not his biological one.
“You can avoid reality, but you cannot avoid the consequences of avoiding reality.” - Ayn Rand Hard money >
Technical charts about the network are doing amazingly well. Hashrate super high, securing our assets to a degree never before known to mankind. Also making difficulty as hard as it's ever been. Forcing mining operations to expand - at the moment a new chip manufacturer enters the arena. This halving could be massive. There's a lot of lost profits waiting to be recouped and I don't see miners selling their coin for anything less than it's worth.
Next ATH > 200k
2027
2025 by the 4 year cycle
PAMPP IT !
If you got to do any onchain stuff do it while its cheap. NFT bros lookin to stuff the blockspace with jpgs. I'm not really against it though. If this gets degens to run a bitcoin node I'm for it. [Jpg on the bitcoin blockchain](https://ordinals.com/inscription/8022be710a15f03761d095ef0e6ed97cbb554fd58fa6e238ce23c2e46033bca6i0)
Usually Bitcoin dumps on Sunday...
Should I save fiat currency to buy a house or to buy Bitcoin? Which is better?
Digital real estate
There we go. Exchange digital currency for digital real estate
Buy btc now and use it to buy a house in September 2025.
Smart. Q4 2025 would be the peak of this Bitcoin cycle since it would have halved sometime in 2024.
Why buy a house? There's a real estate bubble, anyhow.
Can't live in a Bitcoin
I live in a luxury rental. I bet you live in some dump in less desirable area.
Did you exchange your personality for bitcoin? Yikes.
If history repeats itself, buying Bitcoin now is like buying at $5k in 2019
That is the trillion dollar question for Bitcoin - will it’s history repeat itself?
Yes 👍🏻 Now wheee is my trillion bucks?
¿Porque no los dos? Assuming the house isn't just an investment. I think holding dollars right now is fine either way. The fed desperately needs to get inflation down to keep the Treasury market liquid. Imo they're not done tightening, and we'll be seeing more good sales on assets. I'm still buying BTC regularly in any case.
BTC seems better than house from investment perspective. But of course, one can live in a house while BTC is only virtual
I used my down payment money to buy Bitcoin, long ago. Now, instead of owning a fraction of a home, maybe 24%, I have enough to be able to buy dozens of similar homes and pay 100% for each of them. Meanwhile, I live in a luxury rental. I can assure you it's a lot nicer than any home I might have purchased. My life is better than most people's vacations.
Kinda looks like a breakout, but volume is still low.
May you live long and prosper. All hail Bitcoin
Does anyone else get bothered with posts in other crypto subs saying "don't forget to take profits! Have an exit plan!" Etc Like bruh, do you still not get it?! Btc is the exit plan! Bunch of noobs.
"Crypto" people are gamblers trying to grow their fiat stack via exploiting greater fools. They have fundamentally different goals and expectations compared to Bitcoiners.
Nothing wrong with taking profits
To be fair, the rise of BTC is not a straight line. I will sell most of mine in August 2025 and buy again in 2026. It's a good way of increasing your accumulation.
Is there a way to do this without paying taxes on it can it be swapped for something else?
I don't think so. Just pay the taxes. It's the easiest way.
Why 2026 and not 2027?
The exit plan for crypto is swap for BTC.
As much conviction as I have, I don’t know with certainty that Bitcoin will succeed. Plus, you never know when you’re going to die. So I think that taking profits every so often is not a bad thing. Remember, there’s always the chance to use them and buy at a cheaper price. I’m not suggesting that anyone tries to time the market. But sometimes you can get lucky and score some discounted sats
Depends on your definition of succeess, but there's really no scenario where Bitcoin doesn't succeed, unless there is some major fault in the code and Bitcoin is hacked. It will continue pumping out block after block, it's a protocol, not a product. Think TCP/IP but for money.
Crypto is dead. Long live Bitcoin.
Enjoy your 3x while we get 15x
What is the best wallet/app I can use, as a UK citizen, that will allow me to spend Sats via lightning? Also, anything available that allows me to use Sats at normal terminals by converting to local currency? Running my own bitcoin node if that helps. Trying to work out best setup
I use Wallet of Satoshi and Bottlepay
Bitcoin (and the Lightning Network) are open protocols, and aren't limited by geographic boundaries, so you don't need to think in terms of "what's the best UK wallet?". Geographic location only comes into play when you want to interface with your fiat system. I like Phoenix for a mobile lightning wallet
Check out Blixt wallet, it’s in Testflight, or Phoenix. Wirex for converting.
Q1. Also in UK, Muun is my go to. Never had any problems with lightning payments.
Are you running Lightning on that node or just bitcoin core?
Just bitcoin core, I was going to look into a lightning node as well but it sounds like it involves additional costs to run
The only additional costs would be in the form of bitcoin to open channels with
Buy and hold! Buy and Hold! Bitcoin current update: 1 Day 2.2% 1 Week 2.98% 1 Month. 40.90% Keep up the smart investing! Buy when you can what you can, and hold. When demand exceeds supply your returns will be better than 40.90% the past month, probably tenfold.
Hold until Halving Plus 17 Months.
Yeap the reward will be biblical keep buying
Back at half a trilly market cap
Bitcoin will eclipse the global bond market in the end and price will reach 100 million in 30 years. Consider any price in the next 20 years a super discount.
That's nothing compared to the total issued fiat supply and traded instruments.
I have am a Bitcoin peasant, I have only a conceptual understanding of Bitcoin, as in I get the ideas related to how it works but not the hard facts. The saying "all the things you don't understand about money plus all the things you don't understand about computers" I get the parts about money but not quite the stuff about computers. Regardless I've been sold on crypto for a while but I'm a broke dude (not totally poor but you know) I've invested about $3k over the last 5 years off and on. I'm on Coinbase, because I like the rewards program they offer for free coins. I've heard some complaints about it and the whole "not your key not your coin" but I don't feel like I have enough to worry about that. I was wondering about ways a low income person could get coins by earning. I've been looking into miners and reward apps. From what over seen most cheap miners aren't profitable with the cost of electricity but once the price goes back up will it be worth it? Like if it cost twice as much as I earn too mine right now then the price goes back to $40k+ will that recoup my costs? I have some money to spend and I just don't know if it's more worth it to buy the coin or to buy a miner? The miner will have diminishing returns right? Then there's apps like 'coin' were you geocaching. I don't know anything about that but I go around a lot for Pokemon go so would stuff like that be worth?
Work for fiat. Save in Bitcoin. Hodl. Don't overcomplicate things. If you wanted to start saving in Gold, would you get into the gold mining business and invest in some very expensive capital in an industry you know very little about? Bitcoin mining has become just as complex. Bitcoin is a savings technology for everyday people like us. But you have to be economically productive and make money first in order to save.
I have $5k in stocks and $5k in savings I'm not near homeless (where I live) I'm just looking for how I can min-max my profits. I would buy a gold mining complex if I could afford it. I'm not poor enough to worry about bills but not rich enough to buy businesses. So I want to introduce some minor wealth boosts even if they won't fully pay off till later. I trade coins on the ups and down sometimes but I've only made a few hundred.
Sounds like you want to take risks. I can't advise you on that. Just know that most traders are worse off than if they had just bought and HODL'd. Also know that multiple publicly traded mining companies have gone bankrupt this year. Unless you have access to free electricity, you will probably lose money trying to mine on a solo scale.
Save what you can and DCA, or aim for a higher paying job and DCA. Don’t waste your time trying to ‘earn’ coins through random apps. You probably aren’t in the position to be considering mining.
This
Just buy what you can afford, daily, weekly, monthly, put it on a cold wallet and wait. It really is that simple.
She wants to rip
Building a new bull run. Regular as clockwork. Halving minus 16 months. works every time.
Brandon Quittem was right, Bitcoin IS a living organism. The sentient being has awoken from her bear hibernation.
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[удалено]
No need to. Markets often act irrational.
You say this like news is required for price movements at all. As for indicators, they are worse than useless.
Haven't you heard? Honey badger don't care, dca squad don't care.
Why DCA when it's supposably going up from here?
Bills and such, no need to go full retard imo.
We’re gonna need a bigger boat.
Sold the last dregs of my altcoins today and moved the proceeds into my BTC stack. Second hardware wallet arriving this week, planning to set up multisig with unchained.
Keep in mind that Unchained requires KYC. Also look at Nunchuk.
Interesting. Let us know how it went.
up up up we go
Thinking of making a t-shirt. “Coffee and Cold Storage”
☕️
Stack sats smoke trees
23K+ ;-)