pumpfun data:
• 60% of all memecoin traders lost money trading memecoins.
• 4.7% made no money.
• 24% made less than $100.
• 11.2% made more than $100.
• 3% made more than $1,000.
• 0.5% made more than $10,000.
• People who have made more than $10K can barely even be seen on this pie chart.
TLDR: 90% of memecoin traders have either LOST money or made less than $100 in returns.
Bitcoin has now been working and trading for 15 full calendar years. It's time to see how it's doing and run some numbers.
On Jan 1, 2010, there were 1,624,000 bitcoin in circulation trading at around $0.001 each. The total market capitalization of bitcoin was ~$1,624.
On Dec 31, 2024, there were 19.803 million bitcoin trading at around $93,389 each, for a total market capitalization of $1.85 trillion.
In total over the 15 years, the size of bitcoin cash balances has increased by 11,400,000,000,000%, or around 11 billion percent.
If, during the next 15 years, bitcoin grows at only 1 millionth of its growth rate over the last 15 years, it grows to a total market cap of around $210 trillion, making it larger than all the world's fiat currencies and government bonds combined.
In such a world, a government may be able to keep its shitcoin alive if it doesn't inflate its supply too much (a big if, and an even bigger may). Whether they do or do not is largely inconsequential, because either way, inflation won't be able to touch the majority of the world's wealth.
Any bitcoin bearish thesis needs to present a coherent explanation for why bitcoin's next 15 years are going to have a growth rate that is significantly lower than a millionth of the rate of the past 15 years. Don't expect to hear one from people who get paid from the inflation bitcoin will kill.
Happy 2025!
Fiat is over if you want it!
Every bitcoiner has experienced years of ridicule and insults for believing in bitcoin. When bitcoin hits new all time highs, it is tempting to remember everyone who said something stupid to you and go back and rub it in their face. But you remember that gloating is not nice, and that it is wrong to take joy in the misery of others. And you also fail to remember most of the inconsequential and utterly forgettable nocoiner losers and you can't be bothered to look them up. But this is bitcoin, and bitcoin is different, so I suggest you not let manners or laziness get in the way! Do not resist the urge to point out to the nocoiners they made a huge and very expensive mistake! They truly messed up and could have changed their life to the better if they got into bitcoin. And this was very obvious to anyone who would take the time to see it, but they chose to be smartasses and make stupid jokes instead, and now they're enjoying the consequences. It's important to point out the consequences of their stupidity to them, because most fiaters are incapable of understanding things unless repeatedly told to them by someone in a position of authority.
People who say stupid things about bitcoin are not just making their own pathetic selves poorer; they are also impoverishing all the people who have the misfortune of listening to them. And they are impoverishing the whole world by delaying bitcoin adoption and allowing fiat inflationary debt slavery to continue, with all the poverty and mass murder it creates. Bitcoin needs to be rubbed in the haters' faces relentlessly until they stop saying stupid nonsense about it, or until they lose all credibility and audience. No matter how bad gloating is, fiat money is worse. Manners can wait until after fiat is dead.
So get out there and make a nocoiner cry today, because they should be crying! Their stupid shitcoin has never been more pathetic or less valuable than it is today, and the sooner they cry about it, the sooner we can be done with it.