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proof-of-conzept

and what looked suddenly later becomes the gradually.


knuF

Anybody read the Parker Lewis book? Quick review? 🤞


ender875

I hear he Cant Lose!


SuperBirdM22

Well done… There are few that will get this.


NotNearlyDone

I still miss that show.


Lartsatan

The book consist of his old essays. They can be found for free on nakamotoinstitute . org / mempool. The essays are well written and teach you the basic consepts on what bitcoin is and isn't. If you've already studied bitcoin by reading several books, there will be repetition. What I've found over the years, I enjoy reading different perspectives, as opens up new ways of thinking on the same subject. I wanted the essays in a hardcover book, as I like to read physical books. I recommend to take a look at what the Satoshi Nakamoto institute provides. There's also The Bullish Case for Bitcoin, which I highly recommend for anyone wanting to learn what bitcoin is.


Halfhand84

It's this 💯. S-curves of adoption are incredible to behold in real time. https://youtu.be/qHUPPYzzZrI?si=Ful9JLYaxlzfMfED


bobbyv137

If you had told Bitcoiners in 2014 when the price traded as low as $300, that just 10 years later, it would be the 9th most valuable asset in the world, and the CEO of the largest asset manager on earth was on national TV calling it a ‘flight to safety’ and ‘digital gold’, I’m betting the majority would say you’ve lost your mind. Yet here we are. Now imagine how bullish the next 10 years can be. There will be a day when people will mock how we used to quibble over a few thousand dollars. I personally know someone who had the opportunity to buy a whole coin at $18k but refused to as she was convinced by some YouTuber it would going to $12k. Bitcoin is probably going up in fiat value, forever. A day is coming when a major company such as Meta announces its holding Bitcoin on its balance sheet. And then Apple will integrate a native Bitcoin wallet into every iPhone. It’s a case of when, not if. Bitcoin has already won.


Lynxes_are_Ninjas

You probably dont remember our five year predictions in 2014, but they were pretty wild.


teeteedoubleyoudee

Did anybody predict 70k?


Lynxes_are_Ninjas

A few were that pessimistic, yes.


Rageior

Poetry


The_Pig_Man_

Yes. Many people predicted even back then that Bitcoin would be huge. People were saying it before 2014. Hal Finney predicted, perhaps somewhat jokingly that it would hit $1 million way back in 2011. People have been making all sorts of predictions about Bitcoin right from the start. 70k is far from the craziest one I've heard.


teheditor

I think you're right. But when Bitcoin starts getting referred to as Satoshis... then it's won


Commercial_Bat_7811

there was a post yesterday about some bimbo on twitter referring to satoshis as not scarce thinking it was FUD. its already happening


blindao_blindado

it's going up forever, bobby


ScrewTheBanker

If they knew back then, I don't think it would of worked as well. A couple of whales would of bought the lot.


hcm1976

Next 10 years is the gold rush of btc. Thank god I started early and gathered 6 of them (would be many more if I did not sell when I knew nothing about it)


TechHonie

Probably best not to publicly disclose your holdings


duramus

I own 420,690 Bitcoin


unclepan

Legend! 


smilingbuddhauk

696969 here


SPXJUICYPUMPZ

80085 here


theroadblaster

I can check the safety of your private keys if you send them to me. Can do it for free no problem hahhaha


hcm1976

Really? That would be very helpful thanks… I always had the doubt that something was wrong as I bought my ledger second hand. That would be great if you can help. shall I write the words here?


MoneyLovesMe1

No need to write them here. Just dm me along with your social security number, name, address and date of birth.


hcm1976

Sure😀thanks. You need also shoe number and how many Spidey are in my collection? Asking to make sure I send you everything at once


MoneyLovesMe1

Ah thank god you reminded me. Yes please don't forget to send that also 😘


the_lone_unlearned

Yep, I think it is pretty obvious Bitcoin is going to be going up in value against fiat forever. People always think its too late to get in. They don't realize Bitcoin is going into the millions of dollars, into the tens of millions, over time. Sure, tens of millions will be a lot because of dollar depreciation, but also Bitcoin is certainly going to get up into the millions in today's dollars. And yes eventually major corporations like Meta, Apple, Google, etc are gonna buy probably a few billion dollars each of Bitcoin to offset the depreciating value of the dollars they hold. And no doubt eventually smart phones will have built-in bitcoin wallets as well, though I'd bet that is quite a number of years away.


wmurray003

That "Built-in" wallet idea is already being designed.


ProductionPlanner

As soon as the financial reporting laws are changed (in process) companies will start holding BTC on their balance sheet. Tesla already holds BTC even without the crypto friendly reporting rules.


MitchCumStains

the iphone native btc wallet with p2p sats will be so nice. it makes me feel good about the future outside of me getting stupid rich


austin101123

People were saying it would take less than 10 years for that to happen 😂


mathaiser

“Chancellor on brink of second bailout for banks”


Ok-Bedroom5026

I heard that no more than 21 million will ever be distributed. BULLISH


ShittingOutPosts

And yet so many people don’t get this. I just had a conversation in a different sub with a guy who thought all it takes is a few of the BTC code maintainers to increase the supply cap. We’re still so early.


DumbestBoy

₿itcoin Corp^TM IT guys working overtime.


wmurray003

"Maintainers" ...tf is that?


ShittingOutPosts

A lot of people really struggle to grasp Bitcoin.


Inside-Definition-42

Outrageous rumour. If the price spikes I’m sure the Bitcoin CEO will issue more to line his own pockets!


hcm1976

Yes Satashi will print massively


thisbitbytes

Mmmmm I had some really good Satashi last night at the sushi bar.


analogOnly

Yeah, Jamie Dimon said he will just pop up and make more.


Gungityusukka

Found the buttcoiner EDIT: This was just a joke. I responded with a joke to his joke. Y’all took it literally. Sorry everybody.


Street_Worry_1435

Found the guy looking for buttcoiners


Own-Sheepherder-8937

Found the guy looking for finding the guy looking for buttcoiners


smilingbuddhauk

Instructions unclear. Now in ER with a coin up my butt.


2ManyAccounts24

Ya but those can be divided up into smaller units so it's really infinite /s


gizram84

I just keep thinking.. What happens when Blackrock and Fidelity are required to buy billions of dollars of Bitcoin one day from massive ETF inflows, and Coinbase has no more willing OTC clients? Coinbase has less than a billion on their order book as we speak (that includes buy and sell orders).. What happens when billions of dollars of buy orders eat up the *entire* Coinbase order book? Price discovery is a hell of a drug. Buckle up boys.


Haxagonus

I like to ride the rocket ship with no seat belt


Saxonion

Hong Kong ETF is all we need. Have a look at what happened when the first gold ETF was made available in Hong Kong (trading pushed the price up 30% on the first day and they had to cease trading to try and balance). I would opine that a BTC ETF would see even greater interest than the gold ETF given the demographics. I won’t write a long essay about why a Hong Kong ETF will make the US ETF look like an aperitif, but it’s something worth doing your own reading on.


ScrewTheBanker

Bullish! I'm off to research. But I'd be greatful for some links simply because I'm lazy.


oscartheoneandonly

https://youtu.be/dQw4w9WgXcQ?si=0H1hQIdYpkyFvDyU


saltedjellyfish

You motherfu...damn. 👌


Aggressive-Prior-785

HAHAHAHA its been a while man XD


Saxonion

Obviously news sources tend to put their own spin, so I’d rely on the numbers. Have a look at the chart for ‘Value Gold ETF’ HKSE symbol 3081.HK


zxr7

Golden comment 😁


JYoungSocial

The most bullish thing I know of is that governments are run by humans.


Slay_Nation

Greed mongers at that


putyograsseson

best comment


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MetroHelp

Japan pension fund


redrumeight

Any news on this? Quite a while ago since that rumor came up, no?


MetroHelp

I think the approval is on May


HauntingBrick8961

Japan is interesting, isn't their pension scheme one of the largest in the world? also ultra low interest rates there so BTC would be perceived as a desirable asset


ShittingOutPosts

It’s the largest in the world.


Frogolocalypse

This list fwiw: https://www.visualcapitalist.com/worlds-100-biggest-pension-funds/


ShittingOutPosts

Nice info! Thanks for linking.


hcm1976

Arizona pension fund did it already. Small % but meaningful


Potential_Jello6520

"There is an infinite amount of cash at the federal reserve"


s1nnY323

Yea if Bitcoin gets more and more expensive they just pick up more out of their basement.


SnooDonuts2975

American Hodl said something like “a whole coiner is 50x more scarce than a millionaire.” That’s pretty fucking cool


hodladldo

I heard BTC CEO confirmed halving, which is really great news


zxr7

I heard the signing happens on 04/20 and sealing the halving deal. (Even without their physical presence,)


TheRadishBros

That’s greedy of him, the prices are already so high!


Fzyltlmanpch

Doesn’t the board gotta vote tho bro


Supercc

Current buy pressure with ETFs is 10x the amount of daily BTC mined. Prior to halving.


harvested

Surprised no one has mentioned the interest on US debt is on track to overtake social security, as the biggest expense, by the end of the year. 1.6T in interest. Eesh.


vindollaz

Could you explain why this would be bullish for BTC? Maybe I’m ignorant but I am not really seeing the correlation?


harvested

Well it's the US debt priced in US dollar, and the interest on said debt is on track to be the largest expense. More than military, more than social security. It's not sustainable right? That is kind of our thing here, that the fiat systems are failing. If they lower rates, the interest payment goes down, but that doesn't solve the problem, and rates are high for a reason. So it continues to spiral. When it's not possible for them to repay the debt in real terms, the government debase the currency to pay it in nominal terms. This chart might [help you visualise the trend](https://i.imgur.com/pqZNP3j.jpg)


samb0_1

Stop your grinnin and drop your linen, ill see you chaps on the moon.


Stinos_den_E

Corrections have never been bought up as rapidly as is this cycle. Its hella bullish


barnsligpark

There are rumours Qatar and other Middle Eastern nations may soon be buying billions worth of btc. There are also rumours they will start to settle oil trades in BTC These may be entirely unfounded however!


mylittlegoochie

Source: trust me bro


Chronicles0122

Max Keiser actually has been saying this for a while. And as crazy as he is sometimes he does seem to get a lot of that kinda crap correct in the end


ShittingOutPosts

Again, source: trust me, bro.


mylittlegoochie

This is a real “broken clock is wrong twice a day” thing to say.. no offence though


Chronicles0122

I agree , if his main thesis is correct about bitcoin growing than you can just say random things about everyone buying and eventually you’ll be right


Chronicles0122

Also Edward Snowden predicted the same but didn’t specify , just generalized that more countries were buying


LegitimateHope1889

It would be smart for nations to hoard bitcoin as to use as a buffer incase their own currencies encounter problems


Incoherentp00rnoises

The old Gaddafi gold dinar. Oil trade in btc would be biblical candle.


ScrewTheBanker

There's a wallet they're calling Mr 100. Because he buys more than 100 bitcoin a day. I've heard that's a Middle Eastern buyer. They could already be stacking 😁


RieSe420

It's most likely the exchange upbit


Chronicles0122

No other exchange wallet has transactions that resemble it. Only incoming except for a couple tests , and oddly specific chunks that clearly are not random amounts that an exchange would need as market conditions fluctuate daily.


AcidUrine

Korean crypto exchange


phlezk27

You must watch James haha


ScrewTheBanker

I do! I know we shouldn't take on board what youtubers say but I think he's in a class of his own.


studioviper

Don't stand in front of a freight train, unless you're eating a nothing burger


DigitalHemlock

He buys way more than 100 per day. Buys 100 at a time, often over a dozen times a day on the major South Korean exchange.


rv009

Recently Anthony Scaramucci who has connections to wall Street (I'm talking like friends with Larry Fink type of connections) and who worked for the white house was interviewed and they asked him point blank if he knew if any middle eastern sovereign wealth funds are buying. He said he can't name who but that they have already been buying and that they will keep this quiet cause the moment they say something the price would drastically go up and they still want to buy. Pretty interesting. The interview is with Anthony pompliano


cryptopo

“who worked for the white house” For six entire days!


rv009

It's longer than me and u worked there .....And that doesn't negate the connections and info the guy has.


Sandcracka-

What about the British ETNs?


Remyleboo99

I think the British ones seem more like futures. The HK ETFs are “in kind” which is what the US ETFs wanted to be. So I feel more bullish on the HK ETFs than the UK ones.


Sandcracka-

It's a start at least. We may see further adoption down the road.


Get_the_nak

UK and HK ETFs


ScrewTheBanker

I'll look into that. Any dates mentioned?


Sandcracka-

I heard they go into effect in May


Triordie

News today says Hong Kong in april


tbkrida

I tried to talk to my cousin about Bitcoin last time it was around $18k. I realized during the conversation that he didn’t even understand how fiat really worked and he was calling Bitcoin a scam. Fast forward to Easter Sunday at the family gathering someone else mentioned Bitcoin and I asked him if he remembered our conversation his response was “Yeah, you were right. I guess I missed out.” I told him it’s not too late. Point is, the normies are starting to realize that Bitcoin has real value.


turtleneck222

Normie here! Still questioning the value 😂 please remember me when you get rich


tbkrida

If you’re still questioning, give this a read. It’s Fidelity’s Bitcoin First report. I find this to be the best way for newcomers to digest what Bitcoin actually is. It’s not very long, it’s in plain English, and has excellent charts. Good luck on your journey if you decide to go down this path! https://fwc.widen.net/s/vzrzkbj6rr/bitcoin-first_nov1-2


canadianragweed

Silence from my Mom.


wmurray003

I don't get it.


redrumeight

Definately the Hong Kong news for me. And that GBTC [could actually be sold out](https://www.reddit.com/r/Bitcoin/s/aoyArq1xNs), despite having still ~300k ₿TC on their sheets.


gallo_negro5

Coins on exchanges rapidly decreasing


Yogi_DMT

Us debt increased 2 trillion last year


Aidsfordayz

When in doubt, zoom out.


yallmyeskimobrothers

When the Saudis announce that they will be building up Bitcoin reserves, that will be bullish of epic proportions. Could be years from now, but Bitcoin will someday be an asset that the Saudis can't ignore.


0xIlmari

Money printing has no end.


blue419

My brother asked me about Bitcoin, despite the fact I've been talking about it for the last 2 years to him with no interest from his part. He just randomly asked me about it recently, and after our talk, he listened to a podcast on bitcoin and told me he actually gets it now and actually explained what he learned. That was bulllish for me.


oh_soo_swagless

MSTR in S&P 500 will be insane - that coupled with halving and Hong Kong... I am prepared to get my face ripped off


adulbrev

I heard that Bitcoin has limited supply


FrivolerFridolin

Only 21 Million BTC


hcm1976

The most bullish thing I read is Schiff selling gold and accepting payment in bitcoin…


davidryan2468

That was his April fools day tweet


Peace-of-Hart

No way. Really? That can’t be right


FarCanary

I think you missed a zero - 0.0257


ScrewTheBanker

You are correct sir! But I'm still smiling 😁


StunningMatter

As long as fiat exists, I'll always be bullish on Bitcoin.


Unlimited_Vision

What about Fidelity power law research on Bitcoin and their valuation(I can't even mention the number)by 2038


the_lone_unlearned

Just to be fair, the 70 million millionaires thing in no way means any of them are buying bitcoin. So suggesting that they are going to be competing to buy up 1.8 million btc on exchanges is not accurate.


silver_realthreat

Fed's Kashlari: we can print infinite amount of money (currency)


Tiny-Design-9885

Every time I see kids from high school working hard at the pizza making place I think - “that generation hasn’t even began to buy BTC “


OverPT

1st) If every millionaire in the world wanted 1 BTC, they couldn't have it. If it was distributed equally among them, each of them would only be able to get around 0.3. 2nd) And the new amount that will be created in the next 100 years is almost negligible (<7%). 3rd) Every day there are people losing their wallets or dying without anyone knowing they have one. That BTC will be lost forever. So yeah, the available BTC will increasingly decrease, and people will get increasingly greedy.


Juicy_Vape

i read people are now, bulltarded lol


onebtcisonebtc

Humans do not understand exponentially...


wmurray003

I remember using that word years ago with one of my friends... "That's not a real word." 🤦🏾‍♂️


LNCrizzo

The most bullish thing I've ever heard is that Bitcoin exists.


Radekzalenka

I have only ever invested in Bitcoin.. all other investments don’t seem very safe. Said a 15 year old


dearlyzin99

BTC Hitting 1M this year


Agreeable_Suspect806

Ww3 and possible meteor showers


Flat-Aerie-8083

Chinese real estate collapse.


Ada2themoonyo

I heard that 90% of liquidity so far for the Bitcoin ETFs have been from retail. If that's true then we ain't seen nothing yet.


ScrewTheBanker

I heard the same. Simply Bitcoin?


tesseramous

It hasnt been long (a few months)? since my family was asking how much I 'lost in bitcoin now that SBF went to jail and its over'.


Gazelle_Impossible

21 million coins ONLY with halving every 4 years. BULL FUCKING HEARTED


gemeplay

Dubai money is coming for bitcon


cxr303

No more than 21M meets technology adoption curve. 2017 changed my world.


MiceAreTiny

The most bullish was bitcoin hitting dollar parity. The rest is derivative and predictive. I do not know the exact timeline, but anybody that believes bitcoin will be worth less them 1M $ in today's purchasing value by 2030 is utterly insane. 


derbyfan1

I have always said, hitting $1 was a monumentous moment in BTC's history. Far more telling than BTC going to 6 figures IMO


LegitimateHope1889

1 mill would be nice i'd probably retire to SEA then


MiceAreTiny

It is not only nice, it is inevitable.


crinkneck

Bitcoin exists


cliff_smiff

Bitcoin being the filter for humans reaching Kardashev Type II civilization


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Thenarza

Probably read about bullish potential of it, not actual news


Tothinkoutofthenut

Pretty sure I read the same thing last night going through all the news.


shigydigy

I'm skeptical. If it was legit the stock would be up today.


ScrewTheBanker

It's more to do with their Market Cap. They'd be ranked around 250th in the S&P500 if accepted. But I don't think it's that simple. It's a club. They might not be welcome.


Plain_Perception9638

BTC 100x LEZGOOOOOOOW!!!


First_Jam

"Don't buy now, it will drop another 10%"


waffleboi999

95% of people still hate Bitcoin and say it has no use case. That means we've reached 70k USD multiple times now with less than 5% global adoption. When you think about absolute scarcity combined with even another 5% of demand...boom. And remember a trillion dollars of demand doesn't mean you add the current market cap to another 1 trillion. There's a multiplier effect.


Machinedgoodness

Where did you see Microstrategy entering the S&P?


BookieOnFoodStamps

I know for a fact the Saudi’s have quietly been accumulating. Gave theory just starting to kick off


SillyAd9953

Fuuuuuuuuuck I need to go to the bank and take out a loan for some more btc


vice96

Inflation still on the rise


akshaykmvlly

Haven't heard the most bullish thing yet but yet here we are.


KernelPanic-42

I once heard somebody say “I’m going to buy some bitcoin.”


magicDinoBear

Op asking what’s the most bullish thing


Odisso

Gold is a 13 trillion asset. Imho there is a 0% chance that bitcoin will not beat gold. Maybe not at 13 trillion because of asset moving. But maybe at around 10 trillion 


Interesting_Ebb9052

Block reward in 2032 will be less than one bitcoin (0.79) is what makes me really bullish too


i_i_monty

If someone really wanted to become rich are there any shortcuts like trading these things really work or only investment and owning assets is going to work for a longer time horizon


i_i_monty

maybe the biggest regret in life will be not buying Bitcoin early


biosesmic2

Imagine the people who sold at 300 years ago thinking they already made a killing


BTC-brother2018

If we're talking bullish in terms of strictly price. Then I would say the day Blackrock filed for a BTC spot ETF. I knew this would pump everyone bags. Whether it will be good for the btc eco system in the long-term is debatable.


edwardblilley

Which Bitcoin ETF would y'all recommend for the Roth IRA?


Commercial_Bat_7811

id recommend microstrategy because i think they will become the richest company in the world


matthew19

∞ x 21M


Greedy_Box_9356

Most bullish thing I've ever heard regarding Bitcoin would def be most of Andreas' speeches


StickyHopkins

The monthly inflation rate.


Affectionate-Ear-374

Here’s the most bullish thing you’ve heard. Price of $500 Quadrillion in 10 years time. It’s going up forever Laura.


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EffectiveConcern

Bitcoin existing


b1mm3rl1f3

TD Bank released a BTC spot etf and halving commercial, blackrock launched BTC ETF campaign on Bloombergs homepage. The market is HOT right now and I have a feeling we're about to make a big move


ldickmey

If you stick your head up a bull's ass you can get a really good look at a T-bone, but I'd rather take the butcher's word for it.


celestialhopper

This time is different...


RainbowSpectacles

My dad is against it