ECP NetHappenings Bitcoin now 49,792

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WHENEVER YOU LAST BOUGHT BITCOIN
YOU ARE PROBABLY IN PROFIT NOW
UNLESS YOU BOUGHT AT THE LAST ALL TIME HIGH 69,000.
HODL ON WITH DIAMOND HANDS IT WON’T BE LONG NOW.

The world still doesn’t know Bitcoin is designed to go up forever.
#Bitcoin solves the problem of inflation.
#Bitcoin is perfect certainty in a perfectly uncertain world.
Everything is going to Zero against #Bitcoin

#Bitcoin is THE Global Most Secure Decentralized Unconfiscatable Peer-to-Peer Scarce Hard Freedom Money

Bitcoin fair price indicator
https://bitcoinfairprice.com/

Next #Bitcoin Halving ETA: April 16, 2024.
@TimDraper predicts $250K #BTC “3 months before the halving” which means by January, 2024.

Wall Street ETFs are buying 12.5x more #bitcoin per day than the network can produce, increasing the demand and price.

₿: Americans own nearly twice as much #bitcoin than any other crypto. [data source: 80,000 U.S. households
https://nber.org/system/files/working_papers/w31284/w31284.pdf]

ETFs are the focus of a $112000 BTC price prediction for 2024.
Massive buying pressure
2025 will be the bomb!
ATH all time high may Come again in may 2025
Bear Target 69K-100K
Base Target 100K-160K
Bull Target 160K-300K

A closely followed crypto strategist who nailed the end of Bitcoin’s 2021 bull market believes that BTC will print nearly 4x gains before 2025 …

The Super Trend just flashed a buy signal on the #Bitcoin monthly chart, a tool known for its precision in predicting $BTC bull markets.
The FOUR BUY signals it has issued since #BTC inception have all been validated, leading to gains of
169, 172%, 9,900%, 3,681%, and 828%, respectively.
https://twitter.com/ali_charts/status/1755693199627018519/photo/1
AVERAGE OF 4 GAINS 45000% GAINS

RISK You don’t have enough bitcoin.
Get Off Zero get to .01

  • 2017 Bitcoin’s impact is profound and transformative!
    ~ Andreas M. Antonopoulos
  • Bitcoin just made the highest weekly close since December, 2021 111 weeks‼️
  • Less than 10,000 blocks until the #Bitcoin halving.
  • #Bitcoin back over $49,000
  • #Bitcoin ETFs are buying up 12.5x more bitcoin per day than the daily issuance – The 9 new #Bitcoin ETFs now hold more than $10 BILLION in assets.
  • The 9 new #Bitcoin ETFs have accumulated 218,192.7 $BTC in just 1 month.
  • Wall Street ETFs are buying 12.5x more #bitcoin per day than the network can produce, increasing the demand and price.
  • “It is an asset class that protects you.” – Larry Fink, CEO of BlackRock on #Bitcoin. You do not sell your #Bitcoin.
  • In hindsight, it won’t matter if you bought #Bitcoin at 10k, 26k, 40k or 69k. The only thing that will matter is that you bought it.
  • Just get off zero #Bitcoin
  • Mining difficulty hits new highs: Bitcoin mining difficulty to rise by 6% on Feb. 15, reaching all-time highs. “This is the part of the cycle just before the halving where it’s deploy at all costs,” @jvs_btc
  • Elizabeth WARREN URGES FED TO REVERSE ‘TROUBLING RATE HIKES’:
    She is technically assisting #Bitcoin Send it #Bitcoin
    Elizabeth Warren and other Senate Democrats call on the Fed to cut interest rates.
    “…we urge you to consider the effects of your interest rate decisions on the housing market and to reverse the troubling rate hikes that have put affordable housing out of reach for too many.”
    The economy is booming, why do we need a cut, she’s contradicting herself or like clock work, this is the year to vote for the president.
  • BlackRock and now Fidelity both hold $1 Billion in #Bitcoin for their clients in just the first 6 days of trading. Price reached $45k before ETF was launched.
  • Bitcoin surpasses siver to become second largest ETF commodity in the US. Give it time to years end and it surpasses gold.
  • Michael Saylor⚡️@sayloR Sep 18, 2020
    #Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.
  • Max Keiser @maxkeiser #Bitcoin Halving Cycles/ Epochs:

2009 – 2012 ? (Silk Road?)
2012 – 2016 • Max & Stacy (We started in 2011 at $1)
2016 – 2020 ?
2020 – 2024 • Michael Saylor

  • Standouts of the 2009-2012 #BTC epoch:

– Hal Finney
– Mike Hearn
– Laszlo Hanyecz
– Martti Malmi
– Gavin Wood
– Trace Mayer
– Roger Ver
– Charlie Shrem
– Eric Voorhees
– Emir Taaki
– Mark Karpeles
– Rick Falkvinge
– Tony Gallippi
– Antonopolous pre-2018

  • THREAD Operation choke point was real, Gensler anointed himself to block crypto
    https://twitter.com/MattWalshInBos/status/1680937884042362881
    Having credible custodians (+ self-custody) are the solutions to relying on failed companies like FTX. Policy makers and regulators in the USA should be welcoming these regulated firms – not standing in their way
    @MattWalshInBos Jul 17
    SAB 121 and how Gary Gensler, the lead henchman of Elizabeth Warren’s anti-crypto army, is turning the SEC into a merit regulator and using an obscure accounting rule to prevent major banks from touching crypto in the United States… SAB 121 is saying that a bank that offers Bitcoin custody, would need to treat the customer bitcoins as if they were the asset of the bank. This means taking a capital charge (i.e., holding more US Dollars) against the asset. To be clear, this accounting treatment would be in conflict with every other asset that custodians safekeep. For example, State Street has over $40 trillion in customer assets under custody. Imagine them having to put those on their own balance sheet? It makes zero sense. BNY is the most trusted custodian on earth. They launched digital assets in 2022 but according to their filings have ‘de minimis’ assets. They are the custodian on none of the Bitcoin ETF proposals. Why is the SEC decapitating BNY’s crypto custody business?
    In a WSJ opinion piece, Hal Scott and John Gulliver of Harvard Law School point out the absurdity of a rule that would prevent some of the most trusted financial institutions in the world from participating in the crypto economy:
  • The @AmerBanker just published my column explaining why and how the courts will eventually rein in Gary Gensler and his attack on the crypto industry.
    No subscription needed to access this article.
    https://livearticles.net/arizent/2405537.html
  • US Representative Ritchie Torres Calls for Investigation of SEC Over Prometheum’s License
    https://news.bitcoin.com/us-representative-ritchie-torres-calls-for-investigation-of-sec-over-prometheums-license/

ECP NetHappenings @BoringSleuth vs. Prometheum Inc.

ECP NetHappenings BoringSleuth comments on Prometheum EthGate

WHY WE BITCOIN

Greedflation: It was corporate greed all along.
Corporate profits drove 53% of inflation during the 2nd and 3rd quarters of 2023. Corporations line their pockets while consumers pay the price.
Why? Because they can. In the wake of the pandemic, corporations across industries faced rising costs to make products & stock shelves.
Businesses jumped on the opportunity to pass these costs on to consumers — and added a little extra to pad their profits.
2023 profits by company:
Heinz Kraft: $8.973 billion
Exxon Mobil: $9.1 billion
JP Morgan: $49 billion
Delta Airlines: $4.6 billion
Amazon: $9.9 billion
Apple Inc: $97 billion
Tesla: $13.6 billion
Verizon: $78.6 billion
Albertsons: $21.75 billion
Walmart: $155 billion
Target: $25.2 billion
Nike: $22.65 billion
Blue Cross & Shield: $7.5 billion
Kaiser: $3.29 billion
What does this have to do with anything?
Starbucks made $24.56 billion in profits for 2023.
Which means it could give each of its 400,000
employees an $11,000 raise and would still have $20
billion in profit.
But instead workers rely on tips.
https://groundworkcollaborative.org/news/new-groundwork-report-finds-corporate-profits-driving-more-than-half-of-inflation/

China’s largest developer headed into liquidation with ($333 billion in debt)…Evergrande’s $17 billion in USD bonds trading below a penny.
:equity was halted at 16c. Total system wipeout as its CEO is also under police control. China’s so-called ‘miracle’ was just a mirage.#China

ECP NetHappenings Newsletter You’ve been Printing Money


How to Manage Risk. Why We Bitcoin
Optimizing for proximity to the money printer and it’s consequences.

US PURCHASING POWER IN 1950 TILL 2023THE DOLLAR PURCHASING POWER
NOW WORTH $0.09

WHY WE BITCOIN

The #USD has lost approximately 95-98% of its purchasing power since the creation of the Federal Reserve Bank in 1913.

#Bitcoin fixes this with its fixed supply.
This is why your house costs more not cause your house is worth more IT ISN’T WORTH MORE but your DOLLAR is worth less

Do you get it yet? Fix the money Fix the World
A history of the top marginal tax rates on the wealthiest Americans.

  • If you are forced to work for money that you didn’t choose, that money is not yours.
  • If you must get permission to use and/or withdraw your money, it’s not really yours.
  • If you can’t leave your own country with your own money, it’s not yours.

“Bitcoin is our antidote to this deep and persistent rot.
Bitcoin fixes gatekeeping because these organizations can’t last in a free market with a broken gatekeeper. Bitcoin destroys the credibility of fiat money and the political gatekeeping that comes with it.”

A LIGHTENING NETWORK IS BACKED BY BITCOIN
8 BILLION CAN DOWNLOAD AND RUN IT ON THE PHONE RIGHT NOW.
What have the banks been doing?
Can Banks’ Relationship With FIS, Fiserv, And Jack Henry Be Fixed?
There was No incentive to upgrade their technology
Banks didn’t buy that software, they can’t compete with Bitcoin.
They sell confiscated Bitcoin fairly regularly through GSA auctions, so this really shouldn’t be news except that it’s related to Silk Road.

All you have to do is transfer a little of the master’s money to the new and better money that is not controlled or debased by anyone. In this way, you’ll be buying back your freedom, week by week, transfer by transfer, purchase by purchase. #Bitcoin today!

Bitcoin will save your life.
In Lebanon, people are mining Bitcoin to try and accumulate any money that can’t be seized by the banks or government.

#Bitcoin fixes all of this.

Your “money” comes from hard work.
They create it from thin air.
#Bitcoin fixes this.

Human Rights
Property Rights
Natural Law Philosophy

HOW TO MANAGE RISK
You Can Take This Bitcoin Prediction To The Bank – Greg Foss

Gensler is a Risk for Our National Security

Bankers

Organized Crime and Corruption Reporting Project @OCCRP

TOMORROW: Tuesday, July 18 1:00 p.m. EDT Our publisher, @DrewOCCRP, will testify at a @HelsinkiComm hearing about Switzerland’s key role in laundering Russian money and facilitating sanctions evasion.
WATCH THE LIVE STREAM HERE
https://www.youtube.com/watch?v=dxX98XQmGvQ

 

Optimizing for proximity to the money printer and it’s consequences. #Bitcoin fixes this.
The most decorated international math Olympiad of all time. What is he doing? Building rockets? Inventing new fertilizers? AI? You already know the answer is optimizing speculative trading algorithms by 3%. Ladies and Gentleman, welcome to Capital Misallocation
Next time you think about trading stocks, think about your competition. The most decorated international math olympiad participant of all time is that competition. https://en.wikipedia.org/wiki/Zhuo_Qun_Song
The real secret to beating the market is trading on insider information and not pissing off anyone to get yourself thrown in jail. For that, social skills are far more important than math skills.