Supply low + demand high = $1,000,000 Bitcoins

Bitcoin is going up this cycle no matter what happens. Nothing is going to stop it increasing but the degree to which it goes up can be affected. Chinese bitcoin miners were affected by covid. Half of the world's miners quit or moved out of China.

dfs touts love using talib buzzwords incorrectly applying terms like barbell strategy and black swan and antifragile

it's sad

You ever look at a list of people like this on a big screen and do some reflection?

https://www.youtube.com/@WhatBitcoinDid/videos

Crazy how all those wealthy and intelligent people likely all had 0 bitcoin when they discovered it. There's so many compelling and dynamics parts to Bitcoin that it can attract that kind of brain capital.

Bitcoin bullet train. Now we start absorbing failed currencies. Jump on, we ain't going back to fiat.

The "Wall Street Embraces Bitcoin" episode is good insight into TradFi.

Ahah i was just watching this movie takin place In a not so far future it’s said in intro .

Sweet music lol

Ps: btw , what a freakn doll movie ….
Don’t waste your time !

Watching bitcoin today.

Most bullish dump going on ATM
BTC.D rallying

good opportunity to buy

Halving in 7 days

BTFD you say? Don't mind if I do.

I don't know if I'd rather it go parabolic now or to giga dump so I can stack more for an autumn parabola
It feels rly good to have conviction in your investments

Well dumped to 60k, very big opportunity imo.

It happened after the news boke that Iran just attacked Israel.

oh geez, I didn't even know

“Israeli media is quoting WSJ and ABC saying an Israeli response might happen tonight.”

I am not sure how you value this stuff into bitcoin's price. I fall firmly into the camp that thinks political instability should be good for bitcoin. There does seem to be a generally negative price correlation each time news breaks but that feels like a larger negative sentiment on the whole of the economy/markets. It feels like relative value of bitcoin to other stores of value should be much better and in many ways it should shine in these situations.

Interested to hear others views especially those that may feel on the other side and why.

A couple days ago BTC tanked to 60k on Iran firing rockets at Israel

The quote is from someone who lives in Israel I just happened to catch it while following a thread elsewhere

Figure worth passing along as it may have the same effect as a couple days ago, ergo buying opp, and right before the halving at that

It is partly a function of bitcoin being tradable 24/7. The only asset in portfolios that can be sold off to 'de-risk' during closed markets

I'm genuinely curious, has "the halving" already influenced the price? How can I tell?

Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Standard Oil's expected future earnings based on population growth that would lead to your birth, what age you would get a car, how many times you would drive your car every week, how many times you take the bus/train, etc. Anything you can think of has already been priced in, even the things you aren't thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscent market. Free will is a myth. The market sees all, knows all and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post on 2p2 asking whether BTC has priced in the halving or whatever, know that it has already been priced in and don't ask such a dumb ****ing question again.

it’s not really priced in yet. The parabolic run always starts after the halving.

what could go wrong betting on a sample size of 3