There is a beautiful quoted caption that goes with this picture in the comments that was too long to put as the main tweet here. Check it out below 🧵 ⬇️
The last time Bitcoin was under $60,000.
- The ETFs were only 9 months old
- We didn’t have a U.S. strategic reserve
- BlackRock only had 360,000 BTC
- Strategy only had 250,000 BTC
- There were only ~ 50 public btc holders
- “BTC treasury company” didn’t exist
- No treasury company preferred stocks
- FASB accounting was not in effect
- No Genius Act
- No Clarity Act
- No Bitcoin President
- No Bitcoin Cabinet
- No pro Bitcoin Treasury Secretary
- No pro Bitcoin Chair of the Fed
This dump is PURE manipulation.
**This is the most important Bitcoin post you will read today and I'm going to give this to you for free, thank you for following me**
Here is the Bitcoin Bottom: Wait until the bitcoin price is 0.5 x the 365 day moving average
It has worked for EVERY Bitcoin cycle so far.
Bitcoin is predictable. Let's buy the bottom and change your life.
On our MAHA journey, we have introduced the following:
100% grass-fed, grass-finished beef ✅
100% beef tallow fries ✅
100% beef tallow tots ✅
Grade A Wisconsin butter ✅
A2 whole milk ✅
Cane-sugar Coca-Cola ✅
Elimination of all microwaves ✅
And we are working on changing our buns!
We are committed to becoming seed-oil free, because we are committed to making fast food the best it can be.
@Coinkite and arrogant/coretarded @nvk have no idea how much damage this video will cause to them in the future.
Hats off to @mattkratter.
If bitcoin had more principled/honest influencers like @mattkratter, bitcoin would be in much better position to be the world reserve currency by now.
Charlie Munger, one of the greatest investors of all time, said:
"Buy high quality assets on the 200 week moving average and you'll beat the S&P 500 by a large margin."
The best buy signal in Bitcoin isn't a pattern or an indicator.
It's the 200 week moving average.
Every time $BTC has touched it, it marked a generational bottom.
2015. 2019. 2020. 2022.
We just touched it again at $61,800.
News Alert: Steak n Shake's domestic same-store sales increased by over 12% in May, outpacing ALL other fast-food chains!
Thank you, Bitcoiners!
Thank you, MAHA!
We will keep reinvesting in food quality to make Steak n Shake the great differentiator in the fast-food industry!
Where else can you get 100% grass-fed, grass-finished Steakburgers with 100% beef tallow fries and a Patriot shake—paid with Bitcoin?!
Thank you for boosting our SBR🧡
One week later, incredible progress. It’s a 24/7 operation with a solid path forward to launch this year, helped by a lot of luck. @NASA and @USSpaceForce have both been extremely helpful.
This team. Never tell them the odds.
BREAKING: The first Federal National Mortgage Association-backed mortgage using Bitcoin in the US just closed using Coinbase 🇺🇸
The homebuyer said: “We closed on our home and my Bitcoin stayed intact. We didn’t have to liquidate, didn’t have to time the market” 🙌
Whenever you see Bitcoin's price drop, check the power law chart.
Bitcoin's price currently sits at around $66,000 per coin.
The support level (that Bitcoin has never dipped under), is c.$58,600.
It's linear value (ie the green line), suggests Bitcoin should be around $165k per coin today.
The resistance line, that it surpassed in 2014, hit in 2018 and got 70% of the way to hitting it in 2021, is $581k today.
This tells me one thing: Bitcoin is undervalued, underappreciated & misunderstood.
For those that understand what it is, this is an opportunity.
This is like $5k in 2020, or $16k in 2022.
What would you give for an opportunity to buy at $16k again?
We'll be speaking of $60k in the same way in 2029.
There are calls that Bitcoin is dead. That this is the start of Bitcoin going to zero. That its going to drop to $40k before miraculously returning to an ATH.
All predictions made by people who are using emotion, rather than historical data & math.
Bitcoin as incredibly oversold at these prices.
It wont stay like this forever. Those hoping it fails are going to be in the wrong side of history.
I'm buying more.
In a few months profits will temporarily flow out of TradFi (cool off phase after IPOs).
People will want to know where to put their money because everything already went up so much.
And there Bitcoin will be, ready to begin the next four year cycle.
This new app pays you in bitcoin to read the bible. Each day you login to "The Orange Bible App” and complete your reading, your streak grows and you earn more. Miss a day and your streak goes to zero bitcoin and you start with the lowest reward again.
Let's be real... It's easy to post "buy the bitcoin dip."
But it's much harder in reality.
But... when the US Gov is literally telling you they are building a BTC Reserve that will become the bedrock of the new global monetary system...
And you can still get one for about $65,000
@BTCsessions@MoparMining@Coinkite My favorite use for opendimes is it gives you the ability to transact in person without traceability, no record. Pay someone for a good or service by loading Sats on an opendime, and give it to them. Done. No broadcasted transactions to the network! Easy, quiet, fast, secure 🤓
OPENDIME is now 10yrs old 🎉
For a decade, it’s been one of the simplest ways to gift, store, and pass Bitcoin in the real world.
To celebrate, we've teamed up with @Coinkite to give away some OPENDIMEs.
To enter:
• Like
• Repost
• Comment your favorite use for OPENDIME
Some LC-36 updates. Now that we’ve had access to the pad and integration facility we can share a bit of good news. The propellant farm, oxygen, liquid hydrogen and LNG tanks are all in good shape. This is good luck because these are very long lead items. The water tower is also good. The big support tower is damaged, but it can be repaired in place rather than torn down and replaced. The booster “Never Tell Me The Odds” and the three GS-2s that were onsite in the integration facility also look good.
I’ve seen some speculation that we might move directly to the 9x4 configuration, but we won’t do that. Rate manufacturing of 7x2 is going well, and we’re going to continue that at pace as planned and store the stages for use. In addition, we had already been working for some time on eliminating our transporter-erector in favor of an alternative vertical conop, and we’ll now go directly to that; so we don’t need a new transporter-erector.
We will fly again before the end of this year. Gradatim Ferociter.