DKCrypto

@newmichwill Don't you think bitcoin will die, because pow does not work with fixed supply? With halvings and decreased number of transactions (as more and more btc just sitting in cold storages) how it will work without security budget?

He is right actually

@ZynxBTC If everybody will just hold like saylor, number of transactions will decrease more, and with halvings coming there will be simply no security budget for btc

To speed up hyperbitcoinization, Bitcoiners in every country should come together and acquire profitable local businesses. Imagine thousands of companies globally with Bitcoin as their treasury reserve asset. Doesn't need to be anything crazy but ordinary profitable businesses. Plumbers, restaurants, manufacturers, logistics firms. The second order effects compound quickly. Companies holding Bitcoin have every incentive to accept Bitcoin as payment. Why convert to fiat only to buy back later? Suddenly Bitcoin starts functioning as a genuine medium of exchange in local economies through natural commercial incentive. Then comes the unit of account. Businesses holding and accepting Bitcoin will begin pricing in it. Suppliers get offered Bitcoin terms. Employees get offered Bitcoin salaries. Each business becomes a node of adoption in its community. This is how monetary transitions actually happen. Not top down through governments but bottom up through commerce. The beauty is that every acquisition is self-reinforcing. Profitable businesses generate cash flow, cash flow buys more Bitcoin, Bitcoin appreciation strengthens the balance sheet, stronger companies acquire more businesses. One can dream.

@CredibleCrypto You said it should be a liquidity grab below 1500 but that did not happen

$ETH showing lots of strength here. If you haven’t watched this video I put out last week yet, maybe you should 👀

@EthanDeFi_ What are the best crypto cards without kyc?

Plasma One is one of the best crypto cards out there in terms of features. With the free Core plan, you get: • 3% base cashback • ChatGPT Go subscription • 5% cashback on AI tools spending My main card is EtherFi Cash, but I signed up for Plasma too as a backup.

@dotkrueger Btc will die soon, pow does not work with fixed supply. When block rewards collapses with halvings it will die. Transaction fees are not enough for security budget. More and more btc on cold storage means less transactions

The amazing thing is you KNOW its going to 1MM. Deep in your bones you know it. You could just hold in ultra safe multi-sig cold storage. But some voice inside your head says, I've got this complicated idea...

@ZynxBTC Btc will die max in 5-10 years when people understand pow does not work with fixed supply

We are so early and have orders of magnitude to go. Market cap: Gold = $28.7tn NVIDIA = $5.1tn Apple = $4.6tn Google = $4.3tn Bitcoin = $1.29tn Strategy = $35bn Metaplanet = $1.97bn Strive = $1.02bn Bullish on $BTC and the companies accumulating the most of it.

@EthanDeFi_ He may send some drones/missiles for sure (he already did that)

I placed a new bet on Polymarket today: I bought "NO" shares for "NATO x Russia military clash by Dec. 31?" at 83c. If I win, I'll get a 47.5% APY return. The NO odds surged recently due to media reports that Russia plans to attack Poland to test NATO. But I think there's a very good chance this is just BS given that the Russia <> Ukraine conflict is still ongoing. And I highly doubt that Putin wants to start a direct war with NATO, at least for now.

@jeffthedunker Stablecoint on Ethereum decreased 16b in just 2 months... Complete collapse

defi is dead. welcome to onchain finance

@ZynxBTC No and you know this

@dimak50886 This is wrong.

Some people are going to miss out on generational gains simply because they couldn't wait or got too greedy. You do not pass up the opportunity to buy and hold bitcoin:native at $64,000. Bitcoin will be to Millennials and Gen Z what real estate was to Boomers.

@ZynxBTC Please explain how it will work when block rewards will be too low, number of transactions decreasing (because btc will concentrate in etf, saylor, etc, holders). Its clear it does not work, you can ask llm

@dimak50886 This is not true whatsoever.

This is why Bitcoin is so important. The average tenure of companies in the S&P 500 keeps declining. In the 1960s a company stayed in the index for an average of 33 years. Today it is under 15 and falling. The forecast is that half of the current S&P 500 will be replaced within the next decade. Think about what that means for equity investors. Every company you own is in a permanent knife fight. Competition, disruption, technological obsolescence, regulatory shifts, management failure. Even the greatest companies eventually get displaced. Kodak, Nokia, Blockbuster, Sears. All were once considered untouchable. Equity is a claim on a business that must continuously outcompete everyone else to survive. Bitcoin does not have this problem. Bitcoin does not need to out-innovate anyone. It does not have a management team that can make bad decisions. It cannot be disrupted by a faster competitor because its value is not in features. It is in its monetary properties. Fixed supply, decentralisation, censorship resistance and neutrality. Bitcoin is permanent capital while equities are temporary claims. This is why Bitcoin deserves to be the base layer of every portfolio. Everything else requires you to keep picking winners forever.

@KillaXBT Its so funny you wrote it only when it get back to 80. For sure you would forget this post if it continue to fail

$SOL First & second bids have been filled. I still expect prolonged chop. But in the next 6-8 months I expect something like this to play out. We likely see some more hunts to the downside so I wouldn't get overly excited.

@OdysseyFi Yieldz io doing much more pools automatically

Devs: "It will take us months to add leverage" Chad builders: "npm install @odysseyfi/loopr-sdk"

@astronomer_zero Insane menthal gymnastic - telling for 5 months that bottom was in February 6 at 60k and now still try to convince people that was correct at btc 58k

$btc 60k region bottom: confluence #8 The silver fib now has a three drive combo added to my bottom thesis last cycle which is another piece of confluence which adds to my bottom thesis of 60k region and why price IMO won't go below 50k. And also why I continue to hold my current long as it may end up being one with a very good entry, good runner, and thus a large pay-out. I also repeat that my weekly bias is wrong when we go below 50k (still don't think we will), instead of bottoming in the 60k region (still think we will). And yes I changed my annotation from "60k" to "60k region". 60k is an estimate, not an exact number. Pivot to other traders on this space if you want exact predictions. For me, this bottom thesis is a weekly bias and a spot position, as well as a slow long build (which is framed to target 66k and will close most there, regardless, also translates over into the weekly bias as it should).

@ZynxBTC It wont matter because btc will die till that time for sure... Its simply not sustainable with halvings and decreasing security

There appears to be consensus forming around bitcoin:native heading to $40-50k. Bitcoin Twitter very rarely gets things right as a collective. Either way, I would not be waiting around for the perfect entry. Does it really matter in 5 years whether you bought at $58k or $48k? No.

@KillaXBT Dont you think Bitcoin will just die? Security budget collapsing, transaction fees are too small. Pow cant work without inflation

Bitcoin will eventually break the diminishing cycles pattern. I ran the numbers on both the diminishing returns above each previous ATH and the progressively shallower bear market retracements since $BTC's first cycle. Following that trajectory forever simply doesn't make sense. If the pattern continued indefinitely, Bitcoin would eventually become an asset that barely moves, despite increasing global demand, ongoing monetary expansion + limited supply. At some point, the model has to break. My view is that the break comes through significantly higher bear market lows than historical mathematics would suggest. Once that happens, the entire diminishing returns model begins to fail as well, leading to stronger upside than the trend currently projects. Purely mathematically, the model would imply something like this... This cycle: 38K bottom Next cycle: 46K bottom Then: 55K bottom Then: 65K bottom That trajectory doesn't make much sense. It would also imply progressively smaller upside after each cycle, eventually leaving BTC with very little volatility. I think reality looks different. Instead of repeating the shallower bear market retracements forever, we could transition into 60% corrections, then 40-50%, with faster recoveries and stronger returns than the diminishing models imply. If that happens, timing cycle bottoms will become increasingly difficult, because the market will eventually stop respecting the historical diminishing factors that everyone expects. Hence why I believe it's always a good time to buy after a significant macro retrace, rather than trying to perfectly time the bottom. Many will get f*cked & miss the lows in doing so.

@mikealfred Do not remember this clown was right at least for 2 years

I have rarely seen something so clearly but it’s becoming obvious that they want crypto on its knees at its absolute weakest right at the end of the quarter. They want everyone in crypto to be broke and demoralized. Only then will they bounce it higher. Q3 is go time. Watch.

@ZynxBTC Lol soon we should prepare it will trade between 40-50k

Update: Be prepared for bitcoin:native to trade between $50-60k for the rest of summer. If it does, make sure it's a summer to remember by stacking as much Bitcoin as possible. You will not regret it.

@ZynxBTC Bitcoin will for sure die before 2030 - security budget already less than 5 years ago and will decrease more wil next halving. Transaction fees are ridiculously low and can not offset

The real gains for $MSTR will come in the 2030s. >No debt. >Bitcoin integrated into financial system. >Bitcoin above $250,000. >1-2 million Bitcoin on the balance sheet. >In the S&P 500. >Massive adoption of STRC and other Prefs. The next 10 years are going to be incredible.