German Gen X | Libertarian
Bitcoin since 2017 🚀 | NFT’s since 2023 🎨 | Here for signal, not noise | Chasing freedom, sovereignty and asymmetric opportunities.
@DTAPCAP Understanding that the sun and not earth is actually the center of our planetary system lead to the collapse of the predominant world view. Now 500 years later BTC is bringing down our geocentric world view of central banks and Fiat in exactly the same way.
@sminston_with Change my mind. Looking at the data I still think at these levels (~$60-69k) we have great buying opportunities. Anything below $60k is a fire sale IMO.
@bundeskanzler@_FriedrichMerz Das können wir ändern.
Hard times make strong men.
Strong men make good times.
Good times make weak men.
Weak men make hard times.
Treten Sie und ihre sozialistischen Freunde endlich zurück. Get rid of the weak men!!!
@DaveLevine0com Fair point. Diminishing returns are a fact and the amount of capital needed to grow by another 10x is huge.
However even with a CAGR of just 20% (which is very conservative) Bitcoins returns will be very hard to beat with any other asset. In 10 years price would be at ~$400k
Everyone here on X is saying the bottom for Bitcoin isn’t in yet and price will likely go lower.
Just like everyone was sure that Bitcoin would go to at least $150k in the last bull run.
Bitcoin always does the exact opposite of what people expect.
You sure bottom isn’t in???