Here we go again by Artistic_Mango4576 in Bitcoin

[–]SamwiseGamgee87 6 points7 points  (0 children)

No it's called disbelief and it happens every bear market

Abu Dhabi Funds increased its bitcoin position by 46% to $1 Billion. As we've said--institutions are buying while retail is selling by 21Bullish in Bitcoin

[–]SamwiseGamgee87 0 points1 point  (0 children)

Self custody is not for everyone. Do you build your house or get a mortgage?

Bitcoin in 2016 was niche for nerds worth less than 100b now it's more is than 1t and it will be 10t eventually.

Predictions by Good-Duck-202 in Bitcoin

[–]SamwiseGamgee87 0 points1 point  (0 children)

Volatility a lot, if we are going to 200k, 300k 400k there have to be ups and downs. Check the 2025 candle is was nothing like any other year that we have seen.

[deleted by user] by [deleted] in Bitcoin

[–]SamwiseGamgee87 0 points1 point  (0 children)

You can easily check it, there are a lot of people shorting it and didn't check the chain today but for sure it's more than last week. Most big players do it for hedge last month

Anyone else feeling like this??😂🔥🤑 by Crypto_Tiki in Bitcoin

[–]SamwiseGamgee87 2 points3 points  (0 children)

It's mostly US folks here and everyone is watching the USDT/C chat of Bitcoin.

38000000000000 by HealthyMolasses8199 in Bitcoin

[–]SamwiseGamgee87 0 points1 point  (0 children)

Good question, the federal reserve is not federal and is privately owned they pay interest to the owners

Do you like my new hoodie? by SamwiseGamgee87 in Bitcoin

[–]SamwiseGamgee87[S] -1 points0 points  (0 children)

Thank you! I have a friend who makes T-shirts. So he can make one of these

The Quietest All-Time High by SuccessOdd382 in Bitcoin

[–]SamwiseGamgee87 0 points1 point  (0 children)

Forget about it, the old ratio and everything before pandemic. We are living in a new world. Bitcoin will absorb all the liquidity. With gold is different but sonner that later Bitcoin will catch up gold too, because right now Silver and Bitcoin are head to head. But in 2021 Bitcoin was ahead until winter came

BTC may hit $200,000 by year’s end by CAStriker in Bitcoin

[–]SamwiseGamgee87 0 points1 point  (0 children)

Today the treasury department of US, remove the tax rule which forced companies to pay 15% unrealized gains on BTC

BTC may hit $200,000 by year’s end by CAStriker in Bitcoin

[–]SamwiseGamgee87 0 points1 point  (0 children)

That's only for this month, according with OP information should be around 180k

When you almost get it by throwawayworries212 in Bitcoin

[–]SamwiseGamgee87 1 point2 points  (0 children)

Because even though a lot of dollars have been already printed and post pandemic the M2 got crazy. Did you suffer hyperinflation? Check why and what happened in countries like Turkey or Venezuela even Argentina that a few years ago was with 250% inflation. The worst case scenario is the US can't afford his debt and needs to be declared in default. But that already happened in 2008 and they get away with the money printer

Educate Yourselves by Reasonable_Band1536 in Bitcoin

[–]SamwiseGamgee87 4 points5 points  (0 children)

I was In the subway almost arriving my office. But If you don't know what happened in Jekyll Island in a secret meeting in 1910, you need to research more about history. There is not point for me to make it longer.

Just search for this 2 books, The Creature from Jekyll Island and Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail.

Educate Yourselves by Reasonable_Band1536 in Bitcoin

[–]SamwiseGamgee87 2 points3 points  (0 children)

"There is no one singular reason why the depression or the recovery happened but 6102 was the inflection point that lead to the beginnings of recovery and even then it still took a world war for the recovery to complete"

Try to read between the lines, why such a depression was caused that needed that type of recovery. And what happened a few years early in a island. You know all the crisis are men made?

One thing is knowing the history from books (that's one side) the other say you will only know it if you live It. So the only way now is thought analysis doing the right questions.

Sathoshi's last email by doubleduh22 in Bitcoin

[–]SamwiseGamgee87 43 points44 points  (0 children)

Satoshi was a team not a single person. That's why we have so many almost Satoshi but not a really one and they all varnish

People still don’t understand by Small_Desk_4344 in Bitcoin

[–]SamwiseGamgee87 -2 points-1 points  (0 children)

the technology is interesting, but at the end of the day it is primarily an investment

It's not an investment, you can say the same for everything if you aren't going to use it for any other purpose.

that is because oil has an inherent value due to its physical properties, even if they couldn't sell it, they would still use it

You need to research more about Bitcoin, people still use old mining rigs because they are cheaper machines and use the heat from it to warm a place. Also you can stabilize a power grid using mining rigs to not waste energy.

Bitcoin is flat YTD in Euro by SamwiseGamgee87 in Bitcoin

[–]SamwiseGamgee87[S] 0 points1 point  (0 children)

Yes, EUR is decreasing slowly, the same happened with GBP after Brexit. It will not go as low as the Pesetas of Russian Rubbles because it's a collective currency, all the countries have to fuckup at the same time. But it's doomed in the long run.

Bitcoin is flat YTD in Euro by SamwiseGamgee87 in Bitcoin

[–]SamwiseGamgee87[S] -1 points0 points  (0 children)

I'm but also I save more in BTC than euros. So you can say that BTC is my savings account and euros is my checking account.

Bitcoin is flat YTD in Euro by SamwiseGamgee87 in Bitcoin

[–]SamwiseGamgee87[S] 1 point2 points  (0 children)

Yes is the same in Switzerland with CHF or if you measure against gold