This cycle has been so weird. We hit an ATH pre-halving in March 2024 We floated around ATH for 9 months until November 2024 The election kicked off a run to 100K and another ATH where we've basically been for another 9 months now We're now up 100% since the halving April 2024 Despite all these runs we have yet to hit a blowoff top which typically comes between 12-18 months after a halving (we're 15 months past just for reference) The fireworks before the end of the year should be pretty intense. Will be surprised and disappointed if we don't pass 200K.
1 billion dollar weekly buys from BTC's. This is a slow grind up. Retail is but a leaf in the storm now.
**** coins don't really seem to be following like years past. Wish I didn't sell my BTC for alts, which then got haxed by Kim Jong. "tHeRes NO sUcH thIng As Ez MoeNYe"
I used to think that the only way bitcoin could go up is by dollar debasement, but now I see it just eating all the long term value stores in the world instead. Don't get me wrong, money printer gonna brr and that's gonna mean big runs as always, but there are other ways forward.
You could probably count the number of people who have changed their minds about anything in this thread on one hand. Maybe one finger.
Oh, I agree with that. I'm just saying. Ratcoin at this point would be superior to USD. I think this admin is tanking it on purpose to move to a new standard. Nobody is doing anything in the best interest of USD's value anymore. Not a single thing.
@DonnyMost where is retail this time around? My guesses: is BTC perceived to be too expensive now? Other sources of gambling/discretionary spending No money to buy BTC due to inflation/lack of stimulus checks.. Retail is buying through ETF?
I don't know if 'retail' is ever coming back, and I also don't know if that matters. Bitcoin's volatility is decreasing as time goes by and the market cap increases. The bull run of 2017 was like 10-20x. The bull run of 2021 was 5x. The bull run of 2025 could be as little as 2-3x. That's exactly as should be expected as the asset grows and matures. In short, going from 1K to 19K turns a lot more heads than going from 100K to 200-300K. I'm not concerned about retail or hitting another blow off top (and subsequent crash). The important thing is that nation states and institutions are here, don't appear to be going anywhere, and have an endless appetite for the world's hardest asset.
I'm getting it handed to me pretty good right now - in GOLD. Lol. Had to park a payout somewhere and hastily stashed it in GLD.
Saylor is a conman hoarding bitcoin. At the end of the day the simpletons will have nothing and big corporations and whales will own it.
I'm not sure how he is 'conning' anyone beyond if you think he doesn't own the BTC he claims he does. He's offering an avenue to bitcoin and leverage for those who can't or don't want to participate with it directly. Nobody who buys MSTR is doing so thinking they have a claim to any material BTC.
Buddy was asking how to buy....he is not tooo savy with all this. Coinbase advanced? Strike? River? Binance? He was leaning towards river.
I buy daily via River. Zero fees. Plus they have automatic withdrawal to send it to your cold wallet. Strike is fine, too.
