WHAT TYPE OF ABSOLUTE BUFFOON IS BUYING BITCOIN AT THESE PRICES

>>60490239 (OP)
Those whose midwit brains tell them to buy.
And they are correct, line go up.

>>60490239 (OP)
I cant imagine anyone but saylor stupid enough to buy over 110k

>>60490358
>>60490239 (OP)
Maybe time to consider what your definition of stupid is

only an idiot would, these same people will be bragging if it ever hit 200k even if it took 5 years. kek only a 2 times and it took 5 years kek

>>60490378
This would literally necessitates ANOTHER 1 trillion dollars. Lol.

>>60490387
If whales pull their shit out of circulation, the price soars. The few dozen whales or so who control Bitcoin can do a lot. They can't counter a full economic crisis, as Bitcoin is not that centralized yet. But they could create a massive price increase in the coming weeks without demand, and hide it with artificial circle trading volume.

>>60490239 (OP)
Liquidated short sellers probably

>>60490239 (OP)
A Satoshi is only 1/10 of a penny bobo, you should buy some

The midwits inability to grok bitcoin appears to be a function of their conception of humanity as individual organisms operating as tribes as opposed to the reality that humanity has evolved into a superorganism bound by the positive externality of voluntary exchange. The midwit viewed btc as a New Tribe hence his feelings that “bitshit has failed!” by the existing dominant tribe “moving in” to bitcoin. We can observe this reasoning directly in the xmr-maxi’s “muh circular economy” completely missing the obvious: we already have a circular economy, Economy.

However, Bitcoin is not a new tribe, but an advancement in monetary technology, a trustless, fixed, autonomous self-financed ledger, which we can use as a trustless abstract economic unit. This is supremely valuable as corruption of the price signal of money is negative sum, you are distorting the economic signaling of prices. Notice that we don’t need to use btc transactionally to provide Us with a high fidelity price signal of money, We can encode the relevant state information solely through aggregate demand for “economic unit”.

>>60490480
If the midwits don't "understand" (=believe) in crypto, Bitcoin is not going to leave that little corner. It hinges on scamming everyone into believing the bullshit claims of value. Like most assets these days.

>>60490510
This isn’t 2017 anymore retard. We don’t need mitwit retail anymore.

>>60490239 (OP)
Check your USD valuation. I think it's falling off a cliff.
Hope you're at least not holding this shit otherwise you're literally losing money.

>>60490239 (OP)
>>60490358
I have been buying everyday for the past 3 years now, if not more. I will buy again tomorrow and the days after that. Bitcoin is the comfiest hold. Seethe moar and hfsp.

>>60490453
>>60490441
>>60490387
Thank you sir
>>60490378
>>60490377
>>60490358
Sirs, good morning. Thank you for your supporting the coin. I have instruct Honorable Mr. Michael Saylor to deposit the diluted shares into your account. Namaste

>>60490557
Have fun sucking penis??? What the FUCK anon

>>60490557
Based, it’s still cheap

>>60490510
The left hand of the bell curve, forced into empiricism by their lack of abstract reasoning, observe naïvely like a new born babe or chance the gardener, come to the correct conclusion: line go up. While you flounder, rejecting the empirical for memetic models of the world that make you feel good. Sad

>claims of value
Belief plays no part in value, price carries information precisely because it is a mechanical product of supply and demand alone, any ‘belief’ component is encoded via these and is not an additional variable.

Bitcoin is a more useful economic unit than gold/land/equites, its perfectly inelastic emission & fixed total supply increases the fidelity of its price signal, and its trustless nature precludes corruption. Belief not needed. Bitcoin goes to ∞ in-the-limit by dint of outcompeting other economic units, this is guaranteed to happen as a high fidelity trustless price signal for money is USEFUL, increasing the efficiency of economic calculation and therein improving the fitness of the superorganism by optimizing the arrangement of economic actors & resources.

>>60492962
What is a price signal and what is its utility? You've mentioned the "fidelity of its price signal" several times, and that seems to be the main argument in favor of bitcoin. Can you clarify what exactly it is, and why people who recognize "the fidelity of the price signal of this new economic unit" should deserve to be treated as de facto trillionaires in the future by the rest of our species?

>>60492983
As a "proof of work" unit, the fidelity of its value is based upon the work that was needed to generate it. This work value is tied directly to the cost of mining it, in other words, electricity. Power.
They say "money is power" but fiat currencies can be manipulated, inflated... The cost of "power" as a commodity relative to fiat is really up to the whims and manipulations of the fiat money wizards.
In Bitcoins case, it is more directly pegged to the energy that was required to mine it. What that energy costs in fiat dollars is irrelevant, that changes all the time.
Bitcoin is a store of power.
As to the snarky last sentence, this is a changing of the guard to those who best understand the dynamics of power.
We are literally seizing power.
Lol. LMAO

>>60490387
that's not how crypto works

>>60490239 (OP)
>WHAT TYPE OF ABSOLUTE BUFFOON IS BUYING BITCOIN AT THESE PRICES

Pump and maintain till the shrimp think this is the new normal and THEY start buying in at these prices.
This EXACT same cycle has been repeated over and over by the whalers yet the shrimp fall for it every tiume

>>60493045
It wasn't meant to be snarky, it's just the actual reality of what bitcoin holders claim. And I still don't follow your reasoning. That's how it always goes with crypto bros:
>the smartest recognize bitcoin as an "economic unit with a high fidelity price signal"
>they slurp it
>???
>everyone who holds even 0.1 bitcoin now will essentially have the right to enslave the rest of humanity in the future and never work again
The ??? is something about the energy required to mine each bitcoin, and so the assertion is something along the lines of: The energy required to mine 0.1 bitcoin will, in the near future, be worth the equivalent of roughly $700,000,000,000 in today's fiat currency? Am I understanding correctly?

>who's buying
retarded chuds with 5 or 4figs thinking they'll be rich by pulling a 1.5x or 2x in 5 years

>>60490239 (OP)
Ryan Cohen

You know who.
Saylor bought 1045 BTC on Monday this week @ $105,426 USD.
And he's already up 3%!
Smart move

New paradigm and this time is different.

>>60490480
All that can be tokenized by Chainlink, A 5 TPS payment network isn't needed

>>60490239 (OP)

>>60490239 (OP)
I dca no matter the price never sell I just don't want pay taxes, at some point just take out a loan against btc and then kms once I go through that

Anyone who wants to buy bitcoin you don't get to choose its price.

>>60493492
>$50
>BTC
Why bother?

>>60493702
I drop 50bucks a month into it and i've already made more than just letting it sit in bank :')

>>60490239 (OP)
Calm down bobro. It is going down...

>>60490358
i cant imagine anyone but saylor stupid enough to buy over 110k
meanwhile kaka buyers out here turning the equivalent of 0.1 ETH into life-changing money because they didn't overthink it. not saying BTC won't pump, but the real regard energy is still in memeland where the risk/reward makes sense.

>>60493880
If you keep shilling your dumb token like this you're gonna get banned btw

>>60490239 (OP)
who is going to fill my short orders if not them?

>>60491201
>still cheap
kek

>>60490510
The barbell strategy is actually a meta strategy that goes beyond finance, the middle class, the midwits, and will be sacrificed for the marginal increase to excess returns

>>60490239 (OP)
I started a DCA after I waited for the peak at 60k to come down again in 2024. Realized if I didn't start buying it would simply climb higher and higher forever without me.
This way, when it crashes, I'll still have plenty laying around to buy the dip

>>60490239 (OP)
Could just farm solid yield on Haven1 instead of buying BTC at the top lol. Simple and secure.