Bitcoin Reddit

More / Bitcoin Reddit - 2 years ago

Bitcoin Supply

Over the last 2 months, Microstrategy has purchased about 170,500 bitcoin. This works out to around 2,800 per day. If the new bitcoin supply is 450 per day, this means Microstrategy (theoretically) is gobbling up 6x the daily supply. If you told me...

More / Bitcoin Reddit - 2 years ago

Worthwhile DCA

Is it worthwhile to DCA in Bitcoin in anything less than thousands of $ much less hundreds of $. I’m looking to invest into it more but am I only capable of putting in few dollars week to week. Is this worth it? Or should I open up more capital to in...

More / Bitcoin Reddit - 2 years ago

The greatest Hard money ever made.

Am I crazy for thinking that bitcoin has the absolute best chance for the end all be all of MONEY? So many people doubting and speculating Bitcoin as just some money grab. It is literally the greatest hard money ever created. True fixed supply. Idk w...

More / Bitcoin Reddit - 2 years ago

PSA: Be prepared for many deep retracements.

In 2019, just over four years ago, bitcoin went on a run from its low of ~$3350 to a high of ~$12850 on June 27, 2019. That peak was still about 33% off its ATH. Many people, like me, were surprised that bitcoin was advancing so much before the halvi...

More / Bitcoin Reddit - 2 years ago

What happens at 42,069?

My wet dream is that Gary Gensler waits until bitcoin hits $42,069 and then approves all of the spot ETFs at once and tweets “Fuck you bitches I’ve been a Maxi this entire time, wooooo!!!” And then does a keg stand for 60 seconds on live TV. It doesn...