BITCOIN PRICE UPDATE 🚨🚨🚨
We fell from $83,000 to $73,000
We nailed this move perfectly
The truth is that bulls prematurely declared the bear dead - got overly excited at lower high too fast
Bear will die later this year - we bottom Q4
4 year cycle is in tact no matter what they try to tell you
“QUANTUM WILL KILL BITCOIN”
People worried about quantum computing killing Bitcoin forget one thing:
IT KILLS EVERYTHING ELSE ALSO!
Banks.
SWIFT.
The NYSE.
Military networks.
Nuclear bomb systems.
Every encrypted website on the planet — gone.
If your seed phrase is cracked, so is your bank account.
So is your brokerage.
So is the Pentagon.
Bitcoin doesn’t fall alone.
By the time quantum is powerful enough to threaten your wallet, the question won’t be what happens to your portfolio.
It’ll be what happens to civilization.
Saw some people panicking or asking about quantum computing's impact on crypto.
At a high level, all crypto has to do is to upgrade to Quantum-Resistant (Post-Quantum) Algorithms. So, no need to panic. ��
In practice, there are some execution considerations. It's hard to organize upgrades in a decentralized world. There will likely be many debates on which algorithm(s) to use, resulting in some forks.
And some dead project may not upgrade at all. Might be a good to cleanse out those projects anyway.
New code may introduce other bugs or security issues in the short term.
People who self custody will have to migrate their coins to new wallets.
This brings to the question of Satoshi's bitcoins. If those coins move, then it means he/she is still around, which is interesting to know. If they don't move (in a certain period of time), it might be better to lock (or effectively burn) those addresses so that they don't go to the first hacker who cracks it. There is also the difficulty of identifying all his addresses, and not confuse with some old hodlers. Anyway, it's a different topic for later.
Fundamentally:
It's always easier to encrypt than decrypt.
More computing power is always good.
Crypto will stay, post quantum.
After years of back and forth about this, I have decided to open a group where you will be able to learn from myself (and others in the future). Where there is full transparency and a step-by-step process into how I trade in a short term and long term basis.
The reasoning behind this was due to 5 key factors:
- There is a gap in the market for transparent, verifiably profitable traders who have no issues showing 'the numbers' (my pinned tweet on my profile showcases some of my withdrawals)
- I have a skill that I know that I am good at, why not turn that into something that will be mutually beneficial
- Last bear market I mostly navigated it myself, I wish I had some solid help to give me a hand as well as real insight so I could've avoided roundtripping 90% of gains
- I have posted many trades, receive DM's and comments asking if I'm still holding or have closed a trade. This will give full clarity on what I am doing going forward
So with that all being said, I have decided to open Emporia Capital. I will only be limiting the group to 100 people. It will be at a discounted founders rate. I am running Emporia myself for now and I want to be able logistically handle it without any outside help.
If you would like to join Emporia, you may do so here:
https://t.co/HicZegDCmT
The tide goes in and it goes out. It’s crazy to see people get surprised every time the tide goes out…
They’re like a leaf getting tossed around in the wind
$1,000,000 Bitcoin is going to happen in the next 10 years and these same people will have absolutely zero to their name
A few thoughts as I pace around the office:
- GCR tweeted for the first time in a year just to tell you to buy your favourite coins now
- I think that if these initial war fears couldn't break us down below 60k then there's a fairly low likelihood that we don't get it (unless there's an invasion)
- We've seen this before with Russia-Ukraine war. This time isn't different.
- The market is starting to shrug off bad war news as we saw an hour ago
I don't think we'll spend much time down here. Buying anything now is going to net some instant 2-3x in the near future (see MYRO, TOKEN, PEPE)
Hearing people whisper that we may revisit the lows. I actually don't think we will and IF we do I won't be bidding the low - I won't take that as a good sign for general market health. This second leg down really destroyed the charts on all alts to the point that some of these alts are revisiting lows from a year ago. There is nothing else to wait for in terms of an area to bid.
Remember, this is a bull market. Treat it like one.
A possible play is that other RWA's like $POLYX and $TOKEN delay pump once some more confidence enters the market and follow $ONDO after it's 40% bounce from the lows.
$BTC halving in just 11 days!
It's not too late to turn $1k into $1M this cycle.
Everyone can make it, all u need is to buy alts during shakeout
Here's my list of 8 coins with 1000x potential🧵👇