JD

🇺🇸Navy vet⚓🌲Outdoor enthusiast🏕️🪙₿itcoin(class of 2017) and solo Bitcoin miner⛏️ Satillionaire

[JD @FreewayBTC]

@FrankAFetter DCA should be on 24/7. This cycle top is the next cycle bottom.

[JD @FreewayBTC]

Going back to 2015, if you had put $1,000 into Bitcoin every time it touched it's 200-week price average, you'd have ~$325,000 today that would have only cost you $5,000.

--Jan 2015 (200 week average was ~$225 and would have gotten you ~4.5 Bitcoin)

--Dec 2018 (200 week average was ~$3,050 and would have gotten you ~0.32 Bitcoin)

--Mar 2020 (COVID dip, 200 week average was ~$5,400 and would have gotten you: ~0.2 Bitcoin)

--Nov 2022 (200 week average was ~$22k and would have gotten you ~0.05 Bitcoin. This was the only time Bitcoin spent significant time below it's 200-week average during the fallout after Sam Bankmanfried was caught running a ponzi with his FTX exchange).

--June 2026 (Bitcoin is now at it's 200-week price average at ~$61k and will get you 0.016 Bitcoin)

The risk to reward doesn't get much better here now that price is back at the 200-week average.

[JD @FreewayBTC]

@marc02200 50% smash buy for a core holding and then set up hourly, daily or weekly reoccurring buys with the other 50%.

[JD @FreewayBTC]

@BitcoinMagazine @Polymarket They waited for price to drop to $61k before giving it an 80% chance to fall to $60k? How brave of them to forecast this!

[JD @FreewayBTC]

In order to buy MSTR you have to trust the broker you're using to buy the shares. Once you buy the shares you have to trust that MSTR actually has the Bitcoin that they claim to have since they don't share proof of reserves. Then you have to trust that Coinbase has MSTR's Bitcoin that they claim to have because they also don't share proof of reserves. That's three levels of trust while you're separated three times from Bitcoin, and at the end of the day you're only funding MSTR's Bitcoin purchases. Or, you can buy Bitcoin yourself and hold in cold storage. No levels of trust needed which is one of the key pillars of Bitcoin. Anything other than self-custody makes you a fake Bitcoiner.

[JD @FreewayBTC]

@JimChuong I'd say that anyone who wants to transit the Straight of Hormuz and not get blown up by Iran has a pretty legitimate reason to own and spend Bitcoin.

[JD @FreewayBTC]

@CityofDenver And it 2 years Denver will sell it to a friend of a friend for pennies on the dollar after letting it sit empty. Nothing is ever affordable when the government is involved.

[JD @FreewayBTC]

@freeborn_farmer Only those with conviction are more excited when price dips than when it rips. Right here with you, Freeborn!

[JD @FreewayBTC]

@Leishman Coinbase CS giving up customer info to scammers is what led to me finally leaving their platform last year and moving to River. Also made me make the leap to self-custody!

[JD @FreewayBTC]

Plenty of risk considering that they don't show proof of reserves and don't have custody of their Bitcoin. Coinbase, who also doesn't show proof of reserves, has Strategy's Bitcoin... supposedly. Not to mention when you buy shares in STRC you're doing so on a 3rd party platform which also comes with risk. Lot of extra work and multuple layers of risk to get exposure to Bitcoin when you can just buy Bitcoin yourself and hold in self-custody. That is the entire point of Bitcoin, not sure why everyone is so enthusiastic about getting leverage via Wall Street products and putting themselves back in the system that Bitcoin was created to bypass.

[JD @FreewayBTC]

@OurWorldInData @LynAldenContact Think the more important question is did they learn their lesson and begin saving for a rainy day, or are they still spending billions on share buybacks just to go running to the government for taxpayer- funded bailouts the next time their revenue drops and they risk bankruptcy?

[JD @FreewayBTC]

@ProtocolPulseHQ

[JD @FreewayBTC]

No freezing Satoshis coins if you're a maxi. If quantum enables them to be taken then so be it. No returning hacked coins from shitcoin casinos like Coinbase if you're a maxi. If you're not willing to go self-custody and decide to leave your coins on an exchange then you have to accept the fact that they were never your coins in the first place.

[JD @FreewayBTC]

@TFTC21 The whole point of us adopting Bitcoin was for sovereignty and having immutable money that nobody can confiscate or deny use of. Freezing addresses is worse than someone quantum hacking the coins.

[JD @FreewayBTC]

@SimplyBitcoin Are 4 million merchants accepting Bitcoin or do they just have the ability to do so now if they choose? Big difference there.

[JD @FreewayBTC]

@TheBitcoinConf Insignificant move on a low time-frame chart.

[JD @FreewayBTC]

Most certainly not lying and neither was she. We live in a state that refuses to clean up its voter roles with a secretary of state who has fucked up every election she has precided over. Already a fact that she has sent 30k ballots to illegals and leaked voting machine passwords online, but you can't believe that ballots are being sent to dead people and their relatives are submitting them? Guess life is easier when you're naive and living in ignorant bliss.

[JD @FreewayBTC]

@BTC_JEDI21 The same way that dogs deal with shit. Kick some grass on it and walk away.

[JD @FreewayBTC]

@caprioleio Stop trying to make BCash happen. It's not going to happen.