Liam C

Investor | Trader | Builder of freedom plays. Here for the next 100x

[Liam C @KeysNCoins]

I mean it wouldn’t be the first time that they have, so sure, they definitely could. To date Saylor has only sold 32 BTC out of his 847,363. Whilst there is the option for him to sell more, we shall see if and when he does. I guess strategy will succeed if you believe in BTC which I do.

[Liam C @KeysNCoins]

@Goo_Gurt_ @BrianTamakiNZ I never said they were bud, stay in your lane. Statistically sexual assaults are committed majority of the time by someone the victim knows. So I’m not sure what you’re trying to draw a convulsion, but I’d enoucrage to not just throw out dumb ass statements that have no backing

[Liam C @KeysNCoins]

@TLattire @BrianTamakiNZ Must be

[Liam C @KeysNCoins]

@ntw_0901234 @BrianTamakiNZ 😂, far from it mate, I don’t understand why anyone would ever require that amount of firearms. You gun fanatic morons will never learn.

[Liam C @KeysNCoins]

@MartiniGuyYT That’s why Soace X holds 18,712 Bitcoin, this man knows what’s coming, do you 🫵🏼

[Liam C @KeysNCoins]

@TheBTCKnight $10 mil because I would put half into BTC and some Alts, half into property and half into US Equities and Gold.

[Liam C @KeysNCoins]

Not really, this comes from the man who always shit talks BTC when it’s down, yet silver is down 50% and likely going further.

I agree in terms of what you said regarding assets, I hope you’re adding some BTC to that bag but if you’re a fan of Schiff I’d guess that you aren’t 😂

[Liam C @KeysNCoins]

It’s not at all referred to as a ponzi 😂, in fact I’ve never heard of anyone, ever refer to property as a ponzi, you’d have to be an idiot to make that analogy. Do some research on the term first and foremost, please, missusing it just makes you look uneducated.

Now on the issue of supply, we are not undersupplied because of immigration, we are in a deficit due to us building too few homes. We’ve been in a deficit for a long time, literally since the 90’s. They switched off immigration during Covid, it had no impact on price, it did have a massive impact on the construction sector and many other sectors that caused a lot of businesses to go under. Immigration numbers pre Covid were relatively low, it’s not at all the cause for why prices are high. Australia is labour short in many sectors, so like it or not, immigration is essential to plug those holes.

If they pulled back on immigration (and they won’t), we’d run into bigger issues like labour shortages, just like we did when we had immigration switched off during Covid, this would only exacerbate the supply constraints. It is well documented that immigrants don’t buy at least until 5 - 10 years after migrating to this country. People think they are coming here and immediately buying, that is false.

Something you should understand about pricing is that markets can’t go through infinite periods of growth periods, they never have and they never will, they go through cycles. In order to buy property, people borrow the vast majority from the bank. When price gets above a reasonable level based on income, people can no longer buy because the banks tell them no, and that’s when price balances out for a period. It doesn’t matter how undersupplied the market is, people can’t print money out of thin air and if the banks don’t want to lend it, then the buying stops, a market will always get tapped out based on affordability. There is an extreme minority of areas in Australia that experience continual growth (and even they have downturning periods) but they tend to have the highest income earners gravitating towards those markets, hence price can experience a little more upside.

The prices we are at today is simply a result of affordability, supply and demand. In many markets they’ve reached the point of unaffordability and for that reason will like chop sideways for a period in time, affordability will come back once again, but only once incomes grow, savings increase and more supply enters the market, then the market will run again as it has always done for decades. This is how the Australian property market operates.

It isn’t a ponzi mate, it���s just a normal market being influenced by affordability, supply and demand.

[Liam C @KeysNCoins]

I’m sick of dumb people over using Ponzi to describe all assets that have a correction, I mean fmd.

If you go back and look at former cycles Tom is 100% correct, and no this time is no different to any other time. At the height of cycles people are always in pain, price is extremely high relative to income, it pulls back a little, goes flat for a while longer until it’s ready to go up again, that’s how historical price action has been for property for decades.

It’s not a Ponzi, that’s an idiotic term to use for real estate which involves tangible assets with inherent economic value.

[Liam C @KeysNCoins]

You’re just a racist prick.

Do you cry about every protest, or just the ones put on by Muslims?

You’re just an entitled loser, ‘Err, I’m stuck in grid lock, wah’ - which by the way, I sincerely doubt you were.

Go live in a war torn country or live in the extreme conditions of poverty, go and see the world many of these people have come from, perhaps then you’d see how much of a crappy human you are, having a go at people just trying to be heard.

The protestors aren’t the problem mate, it’s people like you that are.

[Liam C @KeysNCoins]

@NotAmusedUK @coinbureau If you say so 😂

[Liam C @KeysNCoins]

But you’re not educating anyone Peter, all the things you say about BTC are bullshit and the majority not factual. You’re not educating anyone, you’re just trying to shill more gold onto people because that’s your business - at least call it what it is.

You were screaming at people to buy gold at $5600, now Gold is down to $4000 and going lower. BTC has historically dropped to these lows, it was expected by many and it is a volatile asset, that’s part of its charm, it has always recovered and upon recovery, absolutely ripped passed its prior highs. That’s been BTC’s price action since it came into existence.

Gold on the other hand is a snail in comparison. It hit a high back in 2011 and took 13 years to revist that same high and break through. I’d be more concerned if I’d bought gold at recent ATH’s given its past sluggish performance and the fact it is down 30%, than if I’d bought BTC at its ATH’s which admittedly is now down 50%. One of those assets is renowned for its ability come back and break through prior highs and the other isn’t.

Can you guess the one that isn’t renowned for that Peter?

[Liam C @KeysNCoins]

Great ‘trust me bro’ math on that one mate. To say it can only triple from here is plain ignorance. You have no clue. The reality is BTC does not have a ceiling. That doesn’t mean it can’t go lower, but it sure as hell can go a lot higher.

Many analysts still believe that BTC gets above $1 million over the next decade, if that were to happen that would be a 17x from todays pricing and there are some analysts who predict that BTC goes a lot higher than that. I’m not saying it will, I’m saying I don’t know, but I’m calling you out for putting a dumb ass figure on where you think the ceiling is.

[Liam C @KeysNCoins]

Jeremy Grantham is one of the greatest value investors of his generation, but he’s also a well known permabear who values assets based on cash flows and productive output. That framework works brilliantly for businesses, farmland and bonds, not at all for Bitcoin. Bitcoin is a monetary network, not a company, so it’s a very different asset to analyse.

A couple of his points simply hold up.

“Bitcoin isn’t a store of value because it halved.” Store of value isn’t judged over a single drawdown. Gold has experienced multi year bear markets, yet it’s still considered a store of value because of its long-term monetary properties. Bitcoin’s volatility doesn’t invalidate the thesis.

“It allows crooks to move money without a trace.” That’s simply false. Bitcoin has always operated on a public blockchain where every transaction is permanently recorded. If anything, blockchain analytics have made illicit activity easier to trace when compared with cash and gold.

I believe in Bitcoin, that doesn’t mean you have to. But the tired debate over whether it’s a scam, useless or going to zero completely misses the point. The real debate today is whether a scarce, decentralised monetary network deserves a place alongside traditional stores of value. Given the direction the world is heading, I believe it does, and people would do well to understand why before dismissing it.

[Liam C @KeysNCoins]

Yes you are definitely mistaken. If you’d said a statement like this year one when BTC first came out, I think you’d have been forgiven, saying it now however 16 years in is just idiocy.

If you don’t want to invest in BTC that’s fine, do as you will, but to still be questioning what it is and its purpose, I’m sorry you’re idiot that needs to be educated - do some research.

[Liam C @KeysNCoins]

@sweatystartup It’s clear as day that this is a dumb comparison to make.

AI is a productivity technology. Bitcoin is a monetary asset. They’re solving completely different problems. Expecting them to move together because they’re both tech is just silly

[Liam C @KeysNCoins]

Coatue Management is just wanting to pump its bags of AI, tech and Space X.

His regret of not buying more when he had the chance is a motive for him to want to drive prices lower to buy in.

It’s worth the noting that Phillipe put BTC into his fortune 40 stating he believes it could get to a $5 trillion market cap by 2030.

Just be careful with who you’re listening to right now, these guys have deep pockets and would love to buy BTC cheaper. They also want to pump their own bags. It’s all a manipulation tactics as far as I am concerned.

BTC solves problems that no other asset solves, nothing has changed and the window to owning some for yourself is rapidly closing.