It’s not ignore worthy to have a contradiction, and I am simply looking for a reason as to why someone would operate with such secrecy when my understanding from prior posts is that this poster has cold storage. I can live with myself in how I interacted here, if anyone wants to dispute that I am open to it.
An interesting thought I saw raised on another forum is that cold storage owners should be excited about this, because it would increase their supply of other coins, and if the funds opt to push into those, they’re going to make money there as well.
BlackRock sparks Bitcoin 21M debate, saying ‘no guarantee’ it won’t change
Debate over whether Bitcoin’s fixed supply is truly capped at 21 million has resurfaced after BlackRock said there’s “no guarantee” it won’t change.cointelegraph.com
Sold to you. Could run maybe up another 10k, but likely lose another 30k from there into the 70’s.
Of course there is going to be a pullback at some point...could even give a double top, but in terms of structure as it sits now, based on what it "should do", it should create a new high.
And at some point it will.
Bitcoin and the us markets are analogous
It doesn't matter how good-looking you are, how romantic you are, how funny you are... or anything else. If she doesn't have something INVESTED in you and the relationship, preferably quite a LOT invested, she'll dump you, without even the slightest hesitation, as soon as someone a little more "interesting" comes along.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
"CRYPTO" and bitcoin are two completely different topics and assets with different attributes. Most of crypto will get washed out like every cycle. Short time price action with Bitcoin is just noise, an economic collapse wouldn't change long term trajectory. It may even speed up adoption. A lot of the stock market "overvaluation" is just devaluation of the numerator (USD) through monetary expansion. Hard to quantify too exactly what degree but majority of stock market gains outside of a handful mirrored expansion rate.
That is a bold statement. I don't think I agree, but there is no way of telling the future for certain. I would think of bitcoin as a luxury asset, like a jet ski. It's fun when you have the money, but the first thing you sell when your fortune reverses, like having to pay margin calls on plummeting stocks.
I strongly disagree with the luxury asset allocation at this point, if anything think there is a rapidly growing group that view it as insurance to the current system and where the financial system is headed. It has crossed the chasm into a legitimate assets class, the US govt is about to add it to their strategic reserve. Not sure what else you need to see to be convinced at this point, every domino is falling that needs to. Bitcoin is probably the last thing I own that I would sell if I needed to quick liquidity in a bind, but that is anecdotal. The people who own and understand this asset have strong conviction in it and the majority isn't small money retail who are just tourists like the rest of crypto. What happens if there is collapse is of course just a best guess, as always, time will tell.
This is such a ridiculous take and observation lol
And it's being more and more adopted by institutions and corporations and banks and governments. Even if it is behind the scenes.
