I cry every day because of the glimpses of the several times I came across bitcoin in the past. I swear I even heard of it in the first few weeks after launch. Correct me if I'm wrong, but do you know if it was initially just command prompt based? I think after realizing this, I deleted it since it seemed too difficult to learn. I even remember the apartment I lived in at the time and thinking that I didn't want to burn out my notebook CPU if it was running at max speed all night. But I also have seen from my trading journey that I would likely have never held, perhaps cashed out far too soon. The earliest I came to really probably buying it is in 2012, as I've think I said before, when I started stacking silver. I figured with $1000, instead of buying 3 bars that were 10oz each, I could buy 10 bitcoins, but didn't know how, and was too worried about the drug connection. I have been bearish on the economy and money ever since 2007, and none of us we were wrong to be honest, its just that we underestimated the lengths that they would go to to keep the system running. Even now, what should supposedly be a hard rule, independence of the FED from the government, looks to be in transition. Trump will absolutely get his man in there to do what needs to be done. Of course its all good for Bitcoin, but it just means the games keep getting played. There are 2 people at work that own a little bit of bitcoin because of my lectures.... but no family member, so my results match yours very closely. So this is precisely why we are so early. I can't imagine what will happen when just 10% of the population takes it seriously. You see numbers about how many Americans own bitcoin, or maybe crypto, and the number seems far too high when I consider that I can interact with 50 people in a day, and maybe only 1 has some exposure. Most don't like that they can't see or touch it, and one still thought that once your money goes in, you can never get it out. The adoption rate for people who have at least 10% of their wealth in Bitcoin I would guess is a fraction of a percent. But there is no point really of doing any more work on the orange-pilling. The crumbling is already well under way all around us, so the herd is coming. I just watched a video from Jeff Snider about how Wendy's and McDonald's is complaining that people aren't buying breakfast anymore. Credit card usage is also dropping the past couple of months. Everyone really is finally tapped out. Hold on tight everyone!!!!
I was not that early to bitcoin, in 2013, we already had downloadable gui binaries from the website Yes, I think it was very difficult in the beginning, there was no windows version, and needed to compile from github source cli is not that bad, once you get used to it, you have to be explicit in every parameters or the transaction will fail, so in a way it forces you to be more focused and to double and triple check and it is more difficult to make a mistake, like what happens in gui, an accidental click and the bitcoin/crypto is gone bitcoin did not cross $100 until April of 2013 so it was much cheaper in 2012 I was not worried about drugs, since I was smoking weed since HS and tried all kinds of drugs, but never became addicted to buy bitcoin Localbitcoin using MoneyGram and cc you can buy remote from Russia or Asia Also Virwox, paypal using cc, buy Linden $ and then buy bitcoin and to store in a web wallet blockchain dot info now dot com were very easy and quick setup, until you get your local wallet installed properly today, no more localbitcoin, and no more Virwox, but we got a lot more options The world never recovered from 2008 GFC, it was a bailout for the banks and wall street for over a decade, and 2020 was the full collapse - I read or heard this on a podcast and at first I dismissed it, but everything I see just seems to prove it, it just did not happen the way the gold and silver and bitcoiners thought that is why government bonds do not work any longer, they only work in a functioning financial system as they are a promise to preserve value forward and are a safe haven It makes me sad for my family and friends who are struggling... and honestly, because my family has most of our net worth in bitcoin, we're just going to continue and not worry about much There are misleading data, which are factually correct, but not meaningful It's estimated over 20% of the US population own bitcoin/crypto but how significant is it if most of own very little amount compared to their net worth? for example someone that owns $1,000-5,000 but has a multi 6-figure stock portfolio, About 1 Million bitcoin addresses hold bitcoin, but as you know many bitcoiners have multiple addresses, so in the whole world there are probably 700k or less that own 1 bitcoin out of 7-8 Billion people, but of course we have to account for shared addresses, such as Binance hot wallet address holding 1 Million bitcoin is owned by the users in a distributive manner I asked Google AI and it said there are 4.9M bitcoin addresses that own 0.1 bitcoin, so same as above... No more reason to orange-pill anyone, Blackrock is already doing the work for us, everyone here on ET already knows Blackrock Even Andreas A has stopped making videos, no more need Amen
Well, that didn’t last long, lol. Is 120K important now? Last time you said breaking 100K would be “legendary” and a "major milestone" triggering a launch — but then we dropped to 70K and ping ponged 100K about 20 times over the next three months.
(THEDAILYUPSIDE) INVESTMENTS Private Equity, Crypto Get Ready to Spice Up 401(k)s Your 401(k) is almost certainly chock-full of meat-and-potatoes investments like stocks and bonds. An executive order from President Donald Trump last week might introduce some new dishes to the menu. Trump’s move will open up alternative assets like private equity and cryptocurrency to retirement funds, a potential feast for the industries involved. But there’s no guarantee retirement fund administrators will rush to add those alternative assets to what they’re serving. Freshmen Asset Class Trump’s order instructs the Labor Department and other regulators to redefine what is considered a qualified asset in 401(k) retirement rules, allowing plans to invest in higher-risk alternative assets like PE, cryptocurrencies and real estate. Current federal rules deter most defined-contribution plans from investing in alternative assets, which is why they tend to prefer stocks and bonds. Any formal changes are probably still months away and, before assuming they usher in a sea change in investment strategy, it’s essential to look at one key piece of legislation. The Employee Retirement Income Security Act, the law that governs pension plans, isn’t going anywhere. This is especially important because the law requires 401(k) plan administrators to act solely in the best interests of beneficiaries, which often translates to a sound investment strategy. The plans will no doubt think twice before rushing into private equity and crypto investments: As a relatively new asset class, cryptocurrency has exhibited significant volatility. For example, while Bitcoin has risen over time, it has experienced over eight corrections of more than 50% in its 17-year existence. Other digital assets have proven even more volatile. Private equity firms, meanwhile, typically charge relatively high management and performance fees and place restrictions on redemptions, which can eat into net returns. Longer investment horizons, which make private equity funds less liquid, may also conflict with some 401(k) administrators’ strategies. Finally, the sector has underperformed public markets for three of the past four years, reversing the common wisdom of the previous decade that they offered higher returns. A Helping Hand: Crypto firms have been inundated with cash and interest from traditional Wall Street players this year. Access to 401(k)s, in whatever amount materializes, would be something of a cherry on top of the sundae at crypto’s coming-out party. The private equity sector, on the other hand, could really use the help. Private equity backers, which traditionally include pensions, university endowments, family offices, private foundations and sovereign wealth funds, have increasingly lowered or declined new commitments, with growing numbers opting to cash out from certain investments. Professionally managed 401(k) funds, which roughly 90 million Americans use, would open up a $9 trillion market to the sector, which could use financing beyond its traditional LPs, who have signaled they’re tapped out. Written by Sean Craig
What a sad brag! You’re basically showcasing how clueless they were. Now, after missing the entire run, they finally buy some… and we’re supposed to believe they suddenly know what they’re doing?? That’s not a good omen — that’s just them catching up after being spectacularly wrong. The base tuition for the 2025–2026 academic year is $78,700, but that’s only part of the story. When you factor in living expenses, health insurance, books, and other fees, the full two-year program is expected to cost $253,072. LOL! Meanwhile, I was in my basement, sitting in boxer shorts eating instant ramen, spotting Bitcoin’s potential years prior — fast forward to a (2008) Lambo.
You’re $500 from being wrong on an asset that has a 2000 pt daily price range do you want to take the L now or are we going to have to ping you one more time when it blows thru?
Based on my own EW*, I see it breaking higher from here, peaking around $150k within the next 6-12 months, then falling into a bear market. * Ed's Wild guess
one could argue crypto is the most successful mind virus till date i would not deny that create bullshit that infects such enormous mass of people so you can buy presidential candidates and political power peak clown world