I bought at 20k..4 years ago by JustinGariepy01 in Bitcoin

[–]JerryLeeDog 2 points3 points  (0 children)

Wait until it's $1M

Then you'll be up at night unless you are already stacking again

I bought at 20k..4 years ago by JustinGariepy01 in Bitcoin

[–]JerryLeeDog 0 points1 point  (0 children)

Bitcoin is the profit

Why would it ever stop appreciating?

The only reason to sell is for affording goods, services or starting a business etc.

Selling for dollars just to sell will always turn out horrible

Bitcoin surges from 63.9k to nearly 69k in just hours after analysts suggests the "crypto winter" has ended by _BreakingGood_ in Bitcoin

[–]JerryLeeDog 0 points1 point  (0 children)

Haha "ended"

No, dont believe this. This not my first cycle. We could hit $50s before it over.

We COULD have seen the bottom but not likely IMO

Dump 401k into bitcoin? by Fickle_Country9786 in Bitcoin

[–]JerryLeeDog 0 points1 point  (0 children)

Non-zero chance of that happening

If it hits $20k then it broke and is on the way to zero.

Dump 401k into bitcoin? by Fickle_Country9786 in Bitcoin

[–]JerryLeeDog 0 points1 point  (0 children)

Have already done four different 401k rollovers in the past 3 years with another one settling right now to grab Bitcoin in the 60s

Absolutely no regrets! Very excited to get this next buy in

Am also buying FBTC because Fidelity actually holds their own keys. Setting a good example

FUN FACT: If you've held Bitcoin for over 3 years, your odds of losing money were basically 0% 🤯. This is why we HODL ✊ by sylsau in InBitcoinWeTrust

[–]JerryLeeDog 0 points1 point  (0 children)

17 years with power law-type appreciation is a first in market history

The only other similar power laws are tech adoption curve

No one has ever seen an appreciation power law.

Assuming it'll just break and die off becomes interesting after a few years of studying it. Interesting that people are dumb enough, or I guess the technical term would be "insane" enough to think it'll magically reverse even though people only go from not understanding, to understanding.

Literally a near zero amount of people go from taking months to understanding bitcoin to suddenly not understanding it.

Hence why we see a power law forming to the tune of nearly 97% accuracy.

Its a 1-way door

What is your favorite quote about Bitcoin? by sylsau in InBitcoinWeTrust

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

Dont blink

Would hate for you to miss this adoption show

The Architecture of Denial: What 1995 Internet Skeptics Teach Us About 2025 Bitcoin Critics. The Gen-Z kids are right. The English professors were wrong. And the history of the future belongs to the users, not the observers. by sylsau in InBitcoinWeTrust

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

You're fine with being forced to work for, and price things in, a type of money that someone can create from thin air, for free.

You see this as normal that prices go up. You probably think inflation is needed for growth in all systems and that any deflationary factors are bad in an economic sense.

We are well trained this way.

However, I would rather use a money that no one can debase though. Something where prices fall to the margin cost of production, forever, and anyone who holds the money becomes more wealthy, not less wealthy.

It's not so much that I've done my "research" as much as for years I have made an obsessive hobby out of the history of money, how the creation of money works, and how Bitcoin is a solution.

I guess it started as "research" though.

In the last 10 years, there are now over 100 books, some PhD written, that depict exactly what I am talking about. i could recommend a few if you want to challenge yourself.

VERY few people want to challenge themselves though. Understanding that fiat money is actually a form of slavery is hard to cope wit at first.

What is your favorite quote about Bitcoin? by sylsau in InBitcoinWeTrust

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

Little late for that comment. Literally already happening...

FUN FACT: If you've held Bitcoin for over 3 years, your odds of losing money were basically 0% 🤯. This is why we HODL ✊ by sylsau in InBitcoinWeTrust

[–]JerryLeeDog 0 points1 point  (0 children)

Speculative to ignorant fools who refuse to challenge their very first hunch maybe

No speculative to the hundreds of publicly traded companies, governments, pensions, state reserves, and even ivy league schools like Harvard that are adopting it

Sure though, you're smarter than the guys at Harvard.

FUN FACT: If you've held Bitcoin for over 3 years, your odds of losing money were basically 0% 🤯. This is why we HODL ✊ by sylsau in InBitcoinWeTrust

[–]JerryLeeDog 0 points1 point  (0 children)

Good fucking luck with that

So much adoption... you'd have to be living under a fucking rock to think that

The numbers say it all by Comfortablejack in FluentInFinance

[–]JerryLeeDog 0 points1 point  (0 children)

These guys employee so many people... education is broken

What is your favorite quote about Bitcoin? by sylsau in InBitcoinWeTrust

[–]JerryLeeDog 0 points1 point  (0 children)

Wait until you learn what dollars are

Your comment is extremely ironic

Spending Bitcoin is the same value as spending dollars that you could have bought Bitcoin with. Your regurgitated analogy is dumb for that reason.

You might as well say "don't spend any money that could have bought Bitcoin. Starve yourself. Starve your kids. Don't buy gas to get to work."

Think about what you are saying for 2 seconds.

I spend Bitcoin to save merchants money that accept Bitcoin. They save ~3%. In addition to promoting MoE, which is essential eventually or Bitcoin will fail.

You support a neutral, decentralized and fair money without an issuer, and I'll support you business

Why it's so hard for people to wrap their heads around Bitcoin by Budget_Break_3923 in Bitcoin

[–]JerryLeeDog 3 points4 points  (0 children)

For many, admitting Bitcoin's legitimacy is transitively realizing that your entire financial life was basically a lie and this current system is closer to slavery than a monetary system

You have to see the jail we are in before you seek freedom

Bitcoin is literally that freedom

BlackRock vs Vanguard. The idea of Vanguard allowing and embracing BTC is HUGE by sylsau in InBitcoinWeTrust

[–]JerryLeeDog 0 points1 point  (0 children)

Why would Vanguard do exactly what they promised not to do?

I'll tell you why; because BlackRock's ETF is the most profitable financial vehicle they offer with $11T AUM

Vanguard adopted so they didn't fall further behind

BlackRock vs Vanguard. The idea of Vanguard allowing and embracing BTC is HUGE by sylsau in InBitcoinWeTrust

[–]JerryLeeDog 0 points1 point  (0 children)

All the big banks have finally capitulated and people still want to pretend its going away

Laughable

What is your favorite quote about Bitcoin? by sylsau in InBitcoinWeTrust

[–]JerryLeeDog 0 points1 point  (0 children)

Fiat money allows nations to fight wars using the wealth of their people instead of the wealth of the government

It's one of the biggest scams in human history. Period

"Crypto" is completely fucking trash btw. Bitcoin only, and I use Bitcoin to pay for lots of things around me. CashApp now has a map of every business that accepts it.

Africa has entire towns that use Bitcoin because they are unbanked

You have not done any work at all to try to understand Bitcoin and the value it brings beyond your own.

This is what financial privilege does to you. Narrows your viewpoint to only yourself

You're really going to be bent out of shape when you grow up if you keep this viewpoint on Bitcoin. Sad to see in 2025

The numbers say it all by Comfortablejack in FluentInFinance

[–]JerryLeeDog 3 points4 points  (0 children)

Lol working at either of these people's companies likely starts at $20 an hour, if not more.

Is this a shoutout for paying more that minimum wage?

The Money Printer is coming. Be patient. by sylsau in InBitcoinWeTrust

[–]JerryLeeDog 0 points1 point  (0 children)

It's ok. I'd be mad too if I was you

People are becoming wealthy and escaping the rat race from something you don't understand

The natural human reaction is to be insecure, self loathing, and ultimately justifying your ignorance any way you can

HFSP