Bitcoins - about to hit $5,000 per coin today!

[gib]

I had Mar-Jul 2024 timeframe and assumed energy related in my model a while ago.

I have loads more stuff but I’m out. It’s been real, peace ✌️

 libera te tutemet ex inferis

You'll be back! See you then. Party is just getting started...

[gib]

Wonder how many coins Blackrock bought on the dip?

Blackrock only buys to meet end customer demand for its BTC ETF. So, that buying (or selling) starts tomorrow...

[obsidian]

https://watcher.guru/news/hong-kong-approves-spot-bitcoin-and-ethereum-application

Hong Kong Approves Spot Bitcoin and Ethereum Application

Hong Kong has approved spot Bitcoin (BTC) and Ethereum (ETH) ETF (Exchange Traded Fund) applications. The region is the second to do so in 2024, following the SEC’s (Securities and Exchange Commission) historic decision to approve 11 spot BTC ETFs in the US. However, although the US has approved 11 spot Bitcoin ETFs, the country has yet to greenlight an Ethereum ETF. According to some analysts, a spot ETH ETF could be approved in the US later this year.

The approval of spot ETH and BTC ETFs may lead to another rally for the cryptocurrency markets. The US spot BTC ETFs played a significant role in BTC hitting a new all-time high earlier this year. BTC hit $73,737 in early March with a rally fuelled by increased inflows into spot BTC ETFs.

[gib]

Could be a pretty significant development if true, which it seems to be.

Great news for both BTC and ETH.

[Amerian Muscle]

are you guys going to sell at 120k or hold until one million in one go?

[SouJerz]

are you guys going to sell at 120k or hold until one million in one go?

HODL

[Amerian Muscle]

Man gold keeps pumping. I really hope bitcoin can outperform it over the next 5 years

[SouJerz]

Man gold keeps pumping. I really hope bitcoin can outperform it over the next 5 years

I told you 2500 gold.

[Amerian Muscle]

I told you 2500 gold.

I got rekt alright

[Amerian Muscle]

But hey maybe it will work out in the end 

[gib]

Anyone worried just need to zoom out a little. We know BTC will hit 100K. We know it will hit 1m. But of course there will be ups and downs along the way.

[Amerian Muscle]

Anyone worried just need to zoom out a little. We know BTC will hit 100K. We know it will hit 1m. But of course there will be ups and downs along the way.

i am not worried about btc, I am more worried that gold is going to 50k/oz over the next decade. Unlikely tho 

[loco]

Anyone worried just need to zoom out a little. We know BTC will hit 100K. We know it will hit 1m. But of course there will be ups and downs along the way.

[SouJerz]

Anyone worried just need to zoom out a little. We know BTC will hit 100K. We know it will hit 1m. But of course there will be ups and downs along the way.

Not to mention it’s the best way to say fuck you to the federal reserve. Can’t print bitcoins.

[Amerian Muscle]

Not to mention it’s the best way to say fuck you to the federal reserve. Can’t print bitcoins.

I read that the main risk to btc is cbdc

[SOMEPARTS]

Textbook triple top going on in BTC.

[SOMEPARTS]

Not to mention it’s the best way to say fuck you to the federal reserve. Can’t print bitcoins.

Now THAT is funny! Who "invented" Bitcoin, and who allows it to exist? This is just another shell added to the existing shell game.

[Flexacon]

Textbook triple top going on in BTC.

Thanks for marking the bottom 

[Zillotch]

greed can lead people into any belief… that's how satan drags em around by the nose

[gib]

Thanks for marking the bottom 

This is quite funny. But also quite possibly true. Many a chartist could look at the exact same triple peak and interpret it as a bottom from which another upward trend will emerge.... Which is why I don't dabble much in that type of pseudo-witchcraft.

For me its simple - we know with a high degree of likelihood that BTC will go up over time.

[Amerian Muscle]

120k within 24 months

[affeman]

Anyone worried just need to zoom out a little. We know BTC will hit 100K. We know it will hit 1m. But of course there will be ups and downs along the way.

lol Time to wake up son

[Amerian Muscle]

lol Time to wake up son

what watch does he wear? He often flashes his golden watch during debates and ive been wondering

[obsidian]

Synthetic diamonds exist and soon will be indistinguishable from real diamonds. But gold is another matter. Not enough energy and pressure to create it in significant quantities in a lab. Not even our Sun can create gold. Gold does exist in the Sun, but it came from much more massive stars billions of years ago.

https://www.astronomy.com/science/does-all-the-gold-in-the-universe-come-from-stars/

Eventually, scientists calculated that the Sun contains almost 2.5 trillion tons of gold, enough to fill Earth's oceans and more. Still, that's just eight atoms of gold for every trillion atoms of hydrogen — a tiny amount when compared to the mass of the Sun. But how did gold come to be in the Sun and Earth? Nov 10, 2020

[gib]

Synthetic diamonds exist and soon will be indistinguishable from real diamonds. But gold is another matter. Not enough energy and pressure to create it in significant quantities in a lab. Not even our Sun can create gold. Gold does exist in the Sun, but it came from much more massive stars billions of years ago.

https://www.astronomy.com/science/does-all-the-gold-in-the-universe-come-from-stars/

Eventually, scientists calculated that the Sun contains almost 2.5 trillion tons of gold, enough to fill Earth's oceans and more. Still, that's just eight atoms of gold for every trillion atoms of hydrogen — a tiny amount when compared to the mass of the Sun. But how did gold come to be in the Sun and Earth? Nov 10, 2020

And the purpose of posting this factoid is ... ?