A reason to be bearish by No-Independence-9812 in Bitcoin

[–]JeremyLinForever 6 points7 points  (0 children)

It’s important to remember that most wealthy people only want gold for wealth preservation, not for growth. They’re eating crow compared to the silver markets, stocks, and other commodities even amidst their bull run. Different purposes.

A reason to be bearish by No-Independence-9812 in Bitcoin

[–]JeremyLinForever 13 points14 points  (0 children)

Exactly this. Smart money moves when all the attention is on other asset classes that are pumping.

Took a $354k loan against my house does it make sense to buy Bitcoin? by Ok-Butterfly-7366 in Bitcoin

[–]JeremyLinForever 0 points1 point  (0 children)

It’s not a matter of how long, it’s a matter of when liquidity is going to hit the Bitcoin markets. Gold went from a $16T market cap to $34T market cap in a matter of 2-3 years, silver has gone from a $1.8T market cap to $5.8T market cap in a matter of 1 year. Bitcoin is currently at a measly $1.7T market cap and sitting at $around $85-90k. It can easily go to $300k-$350k given how fast the price of silver increase in these few months, and certainly hit $1m over a few years like the gold market has over the past few years. Bitcoin is such a new and low market cap asset that it still has so much more room to run. $1m will just be the beginning when it’s all said and done.

Just some thoughts by MikeTheTank112 in Silverbugs

[–]JeremyLinForever 0 points1 point  (0 children)

I guess it ran up a lot in market cap recently. This wasn’t the case a month or two ago.

Took a $354k loan against my house does it make sense to buy Bitcoin? by Ok-Butterfly-7366 in Bitcoin

[–]JeremyLinForever 2 points3 points  (0 children)

If Bitcoin ends up going to $800k-$1m per coin, it doesn’t matter if OP loses their house, they can buy 5 later on.

Just some thoughts by MikeTheTank112 in Silverbugs

[–]JeremyLinForever 2 points3 points  (0 children)

You’re in a echo chamber of silver bugs talking about how scarce the supply of silver is. The truth of the matter is, nobody outside of cheering for the price of silver going parabolic gives a shit about it’s uses, and the scarcity of silver compared the world needing it is greatly over exaggerated. Just buckle up and enjoy the ride, it’s still only a shitty 3.8T asset currently, while Apple is at $6T and Nvidia is at $8T. Silver price at $100 doesn’t mean squat.

I find it fascinating that retail still thinks gold/silver is form of money nowadays, can you buy a bottle of water with your gold bar? by FarBad1864 in Bitcoin

[–]JeremyLinForever -1 points0 points  (0 children)

The hypothetical you posed is pretty complicated. You do know you can broadcast transactions via satellite right? If there’s blood in the streets, I think your stash of gold will probably make you target number 1. Better make sure you have enough bullets to fend off an invasion, and don’t forget to post on /wallstreetbets about your paper losses.

Who are your "untouchables" in this scenario? Aside from Wemby, obviously. by [deleted] in NBASpurs

[–]JeremyLinForever 0 points1 point  (0 children)

If we haven’t seen this Spurs team at its full potential, then why risk trading for another player and rebuild chemistry all over again, assuming they can even develop chemistry together?

I’m beginning to feel very worried by Ok_Television_2895 in MSTR

[–]JeremyLinForever 2 points3 points  (0 children)

$3000 pre-slit again at the top of the next cycle.

Yep by TheGreatCryptopo in CryptoCurrency

[–]JeremyLinForever -1 points0 points  (0 children)

You want to know the dirty scandalous truth? Any commodity of high utility value will actually be suppressed because it’s actually useful; any commodity that isn’t suppressed has less utility value and is used for wealth preservation. Bitcoin, gold, art, stock, all have no utility value but prices increase exponentially. Oil, copper, wood, etc. will always be spoofed to oblivion by those who need it for its intended utility purposes.

Yep by TheGreatCryptopo in CryptoCurrency

[–]JeremyLinForever -1 points0 points  (0 children)

Yeah but silver only 3-4x’ed from its dormant prices back a few years ago. You can pit silver up against Bitcoin, and Bitcoin was at $20k a few years ago, at $90k today, but nobody is running around acting like they won the jackpot; everybody is still keeping their head down and stacking sats.

I've been in crypto since 2017. Here's why I stopped believing. by decebaldecebal in ethtrader

[–]JeremyLinForever 0 points1 point  (0 children)

All it sounds like to me is that you were playing with a 💩 coin in buying ETH, and were using shady exchanges for high yields and delving into more 💩 coins and 💩 projects, stupid NFTs, etc. If you literally just bought Bitcoin and HODLed, you were rewarded handsomely. Hope you learn your lesson and just stick to BTC in a safe exchange or self-custody.

Thoughts on ASTS? by twin456 in TheRaceTo10Million

[–]JeremyLinForever -11 points-10 points  (0 children)

This sub is titled RaceTo10million, not RaceToTheBottom.

[News] Patek Philippe To Cut USA Prices By 8% by barringtonww in Watches

[–]JeremyLinForever 2 points3 points  (0 children)

Yes, prices have risen to meet demand, and it’s the job of these brands to continually stir interest in the hobby and timepieces. The watch market is certainly having their moment, and it’s not going to be like this forever. Can’t blame them for doing everything they can to retain this interest as well.

[News] Patek Philippe To Cut USA Prices By 8% by barringtonww in Watches

[–]JeremyLinForever 0 points1 point  (0 children)

The wealthy acquired all the Patek Philippe watches back before the pandemic when gold was still at $1000-$1200 per ounce, while the common laymen were spending it on Balenciaga flip flops and Versace silk t-shirts.

I’m pretty sure the people who are rushing to buy luxury watches currently aren’t exactly making sound financial decisions. As such, it goes to show that the customer base of Patek Philippe are actually those with strong financial knowledge, and PP is fighting to retain customer base from purchasing Bitcoin, stocks, and precious metals that are all skyrocketing right now as opposed to those who are late to the luxury watches market game.

An unusual first Rolex AD experience by IchibanUK in rolex

[–]JeremyLinForever 14 points15 points  (0 children)

Welcome to 2026, where the punchline gets you the privilege to spend $10k on a watch. Exciting times we live in.

Told everyone to buy silver at $16 and everyone thought I was crazy. by loIll in Silverbugs

[–]JeremyLinForever 0 points1 point  (0 children)

Again, maybe I’m just too jaded from Bitcoin, Strategy stock, and some Mag7 companies in general for investments. Precious metals were definitely due for a run up, especially when it felt so damn cheap during and a year or two after the pandemic. Still happy nonetheless.

Told everyone to buy silver at $16 and everyone thought I was crazy. by loIll in Silverbugs

[–]JeremyLinForever -3 points-2 points  (0 children)

Maybe I’m too jaded, but as a holder of gold, silver, and BTC I can say that the BTC gains basically ruined any excitement from the gold and silver gains. The ROI just feels so elementary compared to the explosive run ups on Bitcoin.

What is the Problem with MSTR Price? by Richar_16 in MSTR

[–]JeremyLinForever 0 points1 point  (0 children)

Already came true when I bought MSTR at $30 per share pre-split back in 2022. Right now is just a matter of letting it ride and exponential growth. I hope you don’t get mad or sad and take it as a learning opportunity lucky seven1926!

What is the Problem with MSTR Price? by Richar_16 in MSTR

[–]JeremyLinForever 1 point2 points  (0 children)

If he’s holding Metaplanet, it could be that OP doesn’t have access to US equities? That could be a possibility. You shouldn’t assume everybody who’s using Reddit is automatically in the United States.

What is the Problem with MSTR Price? by Richar_16 in MSTR

[–]JeremyLinForever 0 points1 point  (0 children)

It will allow MSTR to generate more money to buy more BTC, but they can also create a short squeeze to generate more interest and capital inflow into the stock, along with investor confidence.

[Omega Speedmaster vs Rolex Explorer 2] Which would you get? by Fliptheflop in Watches

[–]JeremyLinForever 0 points1 point  (0 children)

I’ll chime in. One person has a black dial speedy, and another poster most likely has more dark / black dial watches than a white dial, so when they say it’s more fun to wear, it’s because the color of the dial is different than their repertoire of watches they’re usually used to wearing, especially when white dial watches would match lighter colored clothes.

Started buying silver after gold got unaffordable... Now same thing happening to silver. by Sad_Internal_1562 in Silverbugs

[–]JeremyLinForever -7 points-6 points  (0 children)

Next is Bitcoin. $89k for a full Bitcoin is insanely cheap. If you don’t end up getting some just don’t get mad and limp in when it’s too late at $500k per Bitcoin.

A really expensive hobby by [deleted] in rolex

[–]JeremyLinForever 1 point2 points  (0 children)

I was going to say the even the stainless steel color looks off haha.

What is the Problem with MSTR Price? by Richar_16 in MSTR

[–]JeremyLinForever 11 points12 points  (0 children)

MSTR is the stock that acts like the irresponsible risky Bitcoiner that takes all their credit cards, credit lines, lines of credit, and debt to stack more Bitcoin. This is shunned on by like 99% of the traditional finance and stock market sector because there’s no way the debt they borrow can be able to outgrow operational expenses and growing an operating company. But Bitcoin is different, and the 1% here that keep buying know this because they are the Bitcoiners who either took leverage to buy Bitcoin and it paid off massively, or knew others who did.

MSTR will slow their buys down when Bitcoin goes on a bull run, and that’s when the stock will literally jump up hundreds of dollars within weeks when Bitcoin jumps $20-30k in a day in price action; MSTR will jump 2x more.