Author Topic: Bitcoins - about to hit $5,000 per coin today!  (Read 2368162 times)

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12925 on: September 09, 2026, 02:40:03 AM »
Obsidian - what's you view on BMNR? (I'll share mine, but keen to hear yours first). Curious to see if it will be what I think it will be :)

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12926 on: September 30, 2026, 12:27:02 AM »
Everyone is in......

Anyhoo the risk of Global implosion is over now But I propose people won't accept that. Perhaps we are already seeing a temper tantrum in BTC.

BTC prices risk of the unknown. Hiking rates didn't collapse us. Bombing the ME didn't nuke us. A pandemic didn't make us extinct.  We know we are ok now.


gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12927 on: October 05, 2026, 05:23:16 AM »
Alts!...

Some of you have messaged me asking for my views.

A few comments:

1. I don't consider any other "crypto", or stock, or commodity, or currency, as a legitimate "alt" to Bitcoin. Perhaps gold comes closest, and we all know gold's shortcomings vs BTC.

2. By "alts" I believe people are in general referring to tokenized projects, which are often non-compliant with existing securities laws applying to stocks, being utility tokens, governance tokens, stable-coins or meme-coins.

I value all alts as I would any project I would invest into, or any company I would buy. Many are vastly overvalued, but some are now at or close to fair value. For those wanting my alt portfolio, here it is (I won't put any % allocation, but those marked with * I am particularly bullish on as 5-8 year holds for 10x or more gains...)

-Filecoin *
-Solana *
-Chainlink *
-Jupiter *
-Arbitrum *
-Lido
-Aerodrome
-Artificial Super Intelligence *
-Pancake Swap
-BNB *
-Sky *
-Convex Finance
-Avalanche
-NEAR

I won't go into specific details now, but happy to discuss. I only consider and buy legit projects which show real revenue and growth at a price that can be justified given my expectation of the life and growth of the project or protocol represented by the token.

Note Eth is not on the list. I just can't do it, with its size, competitive dynamics, and PE of over 400. I value it at most $500 per coin. Having said that, it would not surprise me if Eth does rise this next cycle (although again underperforming BTC by around 50%, as it has done last 2 cycles) - but it just does not meet my investment criteria. (I still hold a little - and it might well still outperform USD over the next 3 years. A rising tide will float all boats for a while at least).

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12928 on: October 06, 2026, 03:36:53 AM »

SEC approves 3x leveraged ETF. This is fantastic news.

Griffith

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12929 on: October 08, 2026, 05:44:48 AM »
Gib still butthurt that Ethereum dared to steal some of Bitcoin's limelight.

 ;D


gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12930 on: October 08, 2026, 09:22:58 AM »
Gib still butthurt that Ethereum dared to steal some of Bitcoin's limelight.

 ;D

It didn't succeed - they tried to be a jack of all trades, and became a master of none...

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12931 on: October 09, 2026, 07:06:26 PM »
It didn't succeed - they tried to be a jack of all trades, and became a master of none...

The Billionaire vs. Bitcoin: What Happens When the Security Budget Halves?

Think about how a billionaire secures their wealth. If you have $10 billion, you might spend a few million a year on elite bodyguards, fortified estates, and advanced surveillance networks. That is a microscopic fraction of your total net worth (around 0.05%), and it is a relatively flat, predictable cost. Once your physical security grid is built, it stays up.

Bitcoin operates on a completely different paradigm. It doesn't have walls or guards; it secures its $1.66+ trillion market cap by aggressively burning real-world capital. Every single day, the network coordinates a massive global spend of roughly $36 million in electricity, ASIC hardware depreciation, and infrastructure facilities. It’s the equivalent of a billionaire being forced to rebuild and re-fund their entire security apparatus from scratch every 24 hours just to prove no one can breach the perimeter.

But Bitcoin's security model faces an existential economic clock: the halving.

Right now, miners are paid 3.125 BTC per block. In 2028 (just two years from now), that drops to 1.5625 BTC. By 2032, it slashes again to 0.78125 BTC.

If the fiat price of Bitcoin does not more than double due to dollar devaluation with each halving, or if transaction fees don't skyrocket to make up the difference, the total security budget effectively collapses in purchasing power.

At what point does the system break?

Mathematically, the critical fracture point arrives when the fully absorbed cost to mine (electricity + hardware + facility debt) severely outpaces the market price of the reward across multiple hardware generations.

If Bitcoin's price stagnates while the block reward is cut by 75% over the next six years, we will see a massive, violent capitulation of miners. As industrial mining operations shut down their rigs because they are burning more fiat in electricity than they are earning in BTC, the network's total hash rate will plummet.

When the hash rate drops significantly, the "computational wall" defending the ledger thins out. At that point, the cost for a hostile entity—or a nation-state—to lease or accumulate enough hardware to launch a 51% attack drops from quite expensive to entirely feasible. If it becomes cheaper to attack the network than the network is worth, the fundamental game theory breaks down.

Bitcoin is betting everything on the assumption that either its price will outpace inflation indefinitely, or that the layer-2 and on-chain transaction fee market will grow massive enough to replace the vanishing block rewards. If both fail, the security budget collapses, and the digital vault cracks open.

Methyl m1ke

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12932 on: Today at 06:08:05 AM »
Stfu with all the Bitcoin bullshit no one here is buying it go the fuck away please.