The actual number of bitcoin stolen is probably much higher. Many people, such as myself, had coins stolen that were not part of the main three sweeps, likely from smaller hackers targeting the same entropy vulnerability
@denverbitcoin There's some nuance here: have you noticed there's a lot more criticism of Odell than Marty? It's the smugness of Odell, that's why he's taking the heat, and rightfully so
If your instinct is to sell, not buy, on days like today, stick to your day job. Professional investing is not going to be a profitable career path for you.
Bitcoin will go down just far enough to convince the least skilled, lowest IQ market participants that it’s following the 4 year cycle template perfectly despite all other macro conditions being completely different. This will be the most powerful slingshot move ever. Mark it.
In 2018, $BTC hovering around $5–10k, people used to joke that it would eventually “crash to $60k.” Back then, $60k sounded absurdly optimistic, almost science fiction
Today, $60k is what people call a crash after six-figure prices
This volatility isn’t a bug, it’s the path
Ok, enough…
Stop freaking out. Bitcoin is without doubt the best asset that money can buy.
Real estate? Liquidity trap with huge bid offer spread, and ongoing bleed through maintenance and taxes.
Gold? Absolutely impossible to trade efficiently in the actual asset - get robbed everywhere: transportation, smelting, and broker fees enormous. Plus completely impractical to carry around.
Equities? A crap shoot. If you can invest in good allocators then sure, but unless you are a great trader then buy an index fund and underperform the real rate of debasement.
Bonds? Joke
Venture? Be lucky
Lottery? At least you’re honest at this point.
Just buy bitcoin. It’s 10x better than gold, but trades at a 95% discount to gold.
Be grateful that you discovered it early and stop moaning that it’s so cheap!