I see very few people wanting to talk about it. But if this, $ 120k, was the new #Bitcoin 4 year cycle high, it was a lousy run. Just ~double of the last ath of $ 60k in 2021... Perhaps not bad compared to most out there, but still on the lowest side of the bandwidth I had in mind... Nevertheless I don't think any of my or any other model will hold when the fiat system wil start to implode. Just the basic numbers: Derivatives market is now $600 Trillion. This is ten times up from the number it was in 2008 financial crisis then it was $ 60 Trillion. So not only was nothing learned or fixed, things got TEN times worse.... The system can't afford a new bail-out so they made legislation about an bail-in. All deposits, all savings and probably all pension savings will be used to 'save' a system that is mathematical not save-able. I won't start about unfunded liabilities. If things can't continue they will stop. It is gonne be a mess. Not wanting to see this is understandable but not smart.

Who could have seen it comming ? Well a blind monkey can......

You use way to nice words. But are correct :0)

Put some #Bitcoin under that tree :0)

The supposed money man probably understands verry well. Being allowed/willing to undermine their profit system is something else...

Who the fuck is MS ? We don't need #Bitcoin heroes. We need a lot of #Bitcoin plebs !

Happy to realize I'm an optimist. When it turns out humanity indeed has more knowledge than wisdom and extinct itself... THE EXPERIMENT IS STILL A SUCCESS... Just the outcome could disappoint some.....

It is my guess the next run up will start as soon as most stop looking for some new temporary top. Realizes how cheap #Bitcoin still is and how early they are. AND START BUYING WITH BOTH HANDS.

It has always been a small but financially a relatively smart country.

Please give me more of that 🤣

I agree, and see these things as one of the biggest risks together with not owning your keys. Great post explaining. As long as layer one is open/maintained this will be abused. We see complete governments being manipulated/controlled (just look at the number of WEF leaders and their goal/agenda), black mailing to an unprecedented level (the Jeffrey Epstein methodes) etc., but many seem to think Bitcoin won't be attacked... Satoshi was a genius but I think he didn't know how to fix this aspect ?

I gave this lots of thoughts. 0 Yes Bitcoin. Yes fuck governments. But what use does it have to 'over do it' and make your money not spendable on everything (house, ground, car, company, etc) governments are involved in ? Getting money ouside the system is way easier than the other way around.. Move to a better jurisdiction should be the first idea ?

You are overspending on the wife and kids. And food too....

Probably the biggest driver for current #Bitcoin price action seems to be profit taking by long term holders. That would mean the bullrun has yet to start....

YOU ARE NOT SUPPOSED TO JUMP !

But what surprises me is all the trust still there after all clear abuse 🤷‍♂️

It just might be possible he actually believes all of that. SCARY....

If he actually believed all of that. That would be scary. But is a possibility.....

Once you truly understand Bitcoin, it will change more for the better than you ever wished for.

Are you now telling that we just should implement every stupid idea untill Bitcoin dies ? Don't you think it is a bit retarded to go that way ?

Launching your own "Trump coin" isn't enough direct evidence to you .....

Well there are millions of people. Many have conflicting views of what Bitcoin is and how it works. They can't all be right.