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@CryptoNobler Bullcember
This December will mark the start of the biggest $BTC Bull Run
Historically, the entire market goes parabolic every time we see today’s pattern.
I followed the same pattern in 2020, and my altcoin portfolio surged 120x.
MicroStrategy has acquired 15,400 BTC for ~$1.5 billion at ~$95,976 per #bitcoin and has achieved BTC Yield of 38.7% QTD and 63.3% YTD.
As of 12/2/2024, we hodl 402,100 $BTC acquired for ~$23.4 billion at ~$58,263 per bitcoin. $MSTR
If you invested $1,000 in Nvidia $NVDA 20 years ago, you’d almost be a millionaire today. If you invested $1,000 in Bitcoin $BTC 15 years ago, you’d be worth $99 Billion today
Imagine a corporation with a stack larger than most nation states will ever have. Is $MSTR the new Dutch East India Company?
This is the beauty of bitcoin, companies can now start competing with nations, individuals can now start competing with companies, we are entering a new age. people just have to be allocated correctly, to thrive.
US Government moves $2b of $BTC to @coinbase Prime Deposit
The US government has sent 10K $BTC valued at nearly $1B to a Coinbase Prime Hot Wallet.
This was the seized Bitcoin from Silk Road.
It would be amazing if the administration sold all the Bitcoin before Trump is inaugurated, forcing Trump to buy them all back. Maybe it will even trigger Trump into buying a whole lot more.
Goldman Sachs: We Expect Trump’s Tariff Increase Doubling to Last Round, To Fuel USD Strength in 2025 –
World’s largest asset manager BlackRock says “we believe #bitcoin’s long term adoption will be primarily driven by its fundamental use case as a global monetary alternative amid geopolitical uncertainty.”
$BTC : My overview of #Bitcoin Wealth Distribution or as I refer to as “Bitcoin Wealth Pyramids”
Top 0.1%: Over 21 BTC.
These are the significant holders or “whales” in the Bitcoin ecosystem. Owning more than 21 Bitcoin puts you in an extremely exclusive group, given that Bitcoin’s total supply is capped at 21 million.
FOR THOSE OF YOU OUT THERE THAT THINK BECAUSE YOU GOT IN EARLY YOU WERE SUCCESSFUL – WRONG
@americanhodl8
My Bitcoin story is pure luck.
First I luckily worked my ass off to earn a high income.
Then I luckily spent all my free time learning about the history of money and distributed systems.
Then I luckily took all my money and invested it into bitcoin.
Then luckily I convinced my wife to live on 25% of our income while we put the rest into bitcoin.
Then I luckily didn’t go on vacation or buy nice things for years.
Then luckily everyone laughed at me / told me how wrong I was
Then I luckily sold my car and drove a shitty fucking moped to stack more sats.
Then I luckily suffered through multiple 80% drawdowns.
Then I luckily doubled down at the bottoms.
Then I luckily persisted for a decade.
Pure luck all of it.
Thank god I’m lucky.
If I wasn’t I’d be totally fucked.
Average cost for 1 gigabyte of storage:
45 years ago: $438,000
40 years ago: $238,000
35 years ago: $48,720
30 years ago: $5,152
25 years ago: $455
20 years ago: $5
15 years ago: $0.55
10 years ago: $0.05
5 years ago: $0.03
Today: $0.01
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