Professor Blockchain

Running bitcoin

NEW: @vaneck_us DROPS SPOT $ETH ETF $ETHV AD FEATURING @pudgypenguins

The SEC's decision to close this inquiry marks a significant victory for Ethereum and the web3 community as a whole. It's a testament to the strength of decentralized technology and the unyielding spirit of innovation that drives our builders. While we welcome this development - it's not enough. We must remain vigilant and continue advocating for clear and fair regulations that enable innovation to flourish. The fight for a transparent and supportive regulatory environment is far from over, but I have complete faith that our community can ensure and cement the bright future of web3 technologies. #ETHforAll

Three reasons to add ETH to your portfolio, and one important reason to stay BTC-only. A thread.

If you're in your 20s/30s and not buying assets or finding a way to make enough income to buy assets you're not going to make it. You have to buy assets or you will be poor. Income is a scam - you must own things. This is the system we live in - I don't make the rules.

Everyone

Alcohol disrupts your energy field. It numbs your consciousness and keeps you vibrating on a low frequency. In a bullrun there’s no time for that shit. Mental clarity has to be peaking.

🔸#Bitcoin just made the biggest $$$ gain on a monthly candle in its history. This is more bullish than any month in the last bull market.

Mankind lives to see another day

$ETH is now above $3,000.

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You really aren't bullish enough on #Bitcoin All of your existing models for Bitcoin are based on data that is now completely obsolete. Where it goes from here is anyone's guess. Your favorite chart squigglers and quad four enthusiasts are relying on data from a period of time where a TINY fraction of global capital had access to Bitcoin. Few people realize that everything has now changed. Historically, Bitcoin has never broken through the 0.618 fibonacci retracement level before the halving. Well, it just blew the doors right off that level. Market timing geniuses are left sobbing into their rapidly devaluing sacks of fiat, desperately hoping for a pull-back. Let this be a warning. It's the first of many models to be destroyed now that BlackRock, Fidelity, etc. are laying on the bid 24/7. Rumor has it OTC desks have setup makeshift boiler rooms to speed dial whales and beg them for sub-$100K BTC. Meanwhile TRILLIONS in investment capital sits frozen on the sidelines, unable to move for the next 60 days. Why, you ask? Registered Investment Advisors have a 90+ day waiting period before they can allocate to new investment products. RIAs are watching Bitcoin run, twitching like greyhounds in the race traps, waiting to secure a position for their clients. We are likely going to see RIA inflows hit at the same time as the halving. Meanwhile, MicroStrategy is rocketing even more than Bitcoin. It's up 63% in the past 3 months compared to 46% for BTC. But a MSTR pump is just a delayed Bitcoin pump. @Saylor will soon be selling more MSTR shares and buying Bitcoin with the proceeds. But that's not all... With this performance, there's a chance that MicroStrategy could end up in the S&P500. If that happens, MSTR will receive 10's of billions in passive flows from index investors. Much of which will ultimately flow into spot Bitcoin as Saylor continues his genius strategy. Bottom line: Even the hardcore Vanguard Bogleheads will soon be stacking #Bitcoin by way of MicroStrategy. Just one more thing that isn't priced in. As all of this unfolds, it's important to keep in mind how the Bitcoin price is actually set. It isn't tethered to earnings, new product developments, etc. Its price is only limited by the understanding of the people buying and selling. Some of us understand how scarce it is, and have already priced it at $1 million+ per coin. If the market suddenly shifted their views towards ours, there's nothing holding BTC back from going to $500K+ virtually overnight. What could make that happen? For now, most people still view BTC as a trade. Not the ultimate asset to accumulate. But as a thought experiment, imagine if a major nation state like Saudi Arabia made it clear that they were stacking Bitcoin with their profits. That they aren't looking to trade in and out, but rather create a multi-generational Bitcoin endowment. Perception would shift drastically overnight. Who would sell their BTC for a mere $100K when they know Saudi Arabia is going to pour in decades worth of oil profits? The same shift could happen if corporations, major billionaires, etc. started publicly denominating their success in Bitcoin. Jeff Bezos just unloaded $4 Billion in Amazon stock a few months after he was seen partying with Michael Saylor in St. Tropez. Did Saylor orange pill another whale? Who knows. But one thing's for sure: We're on a knife's edge. Only a few headlines away from a shift in perception that would bring drastically higher price levels. Plan accordingly 🐂

Wall Street waking up to the curve of this line. #Bitcoin

“Give a man a fish and he’ll eat for a day. Cut a fish into a quadrillion pieces and he’ll eat for a quadrillion days.” Samantha LaDuc on #Bitcoin

🚨 BREAKING 🚨 $1.5 TRILLION FRANKLIN TEMPLETON HAVE ADDED LASER EYES TO PROFILE PIC AFTER BITCOIN ETF APPROVAL. INSTITUTIONAL FOMO IS COMING 🔥

JUST IN: #Bitcoin leapfrogs Meta (Facebook) to become the 9th largest asset by market cap 👀🙌

JUST IN: Hashdex releases new Spot #Bitcoin ETF commercial.

Carol of the #Bitcoin Bells

@algodevs @J_OConnell820 @Supplymate @bordskullcowboy

✨ AlgoDevs Merch Giveaway! ✨ As we near the end of an amazing 2023, we'd like to share some love with the AlgoDevs community. We will be giving away 3 AlgoDevs Merch Bundles*👇 To participate: 🟢 Follow @algodevs 🟢 Tag 3 friends 🟢 Like + RT Contest ends Dec 18 @ 11:59pm EST ⏰ *Items may be different depending on the winners location.