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I know that BTC has the backing of blackrock and institutions and 15yrs of sustained uptime and trust.
But the bull run of 2021 was a perfect storm. People were told to stay home. DEMAND GOT PENT UP. Then helicopter money rained for 2 yrs straight. Rent didn't have to be paid. Mortgages went into forbearance Student loans paused. Once in a lifetime type stuff
Retail pumped up dogecoin and every other alt you can think of. Life was good.
Outside of BTC...how can a true bullrun be sustained if cost of living is high and layoffs are ramping up??
I just dont see it. Unless theres some alts out there woth actual use case. (Which 99% have none)
What do you think?
Some basic level math:
The Great Pyramids of Giza were completed around 2560 BCE. About 4,584 years. Approx. 1,673,316 days. At $500k per day, that's $836.66 billion
U.S. Government Borrowing. In average $200 billion per month. 10*$200 billion = $2 trillion.
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Conclusion: Do the math. Opt Out. Buy Bitcoin.
Do you think Trump-related meme coins could take off if he’s elected?
Last time, all Elon had to do was change his profile to a U.S. flag and make a post about Trump, and we saw Trump meme coins shoot up 4x. If Trump wins, could we see another wave of crazy coin pumps? Meme coins are so unpredictable, but social media hype seems to spark them fast.
What do you think? Could a Trump coin rally happen again, or is it just temporary hype?
Let’s hear your thoughts!
I'll be looking for those type of meme coins in my opinion, also Trump is with crypto anyway.
Looking for the old online dogecoin wallets or otger online wallets i may have put my dogecoin in. I used to be fairly active in the culture of randomly giving doge and even purchased it a few times can anyone help? I know its on the blockchain somewhere but i dont know where. Would be from within the first 5 or less years of doge. Back when you could click a link or give your email for significant amounts of doge. Can anyone help me remember the sites from back then? Im hoping theres a way to access it.
POPCAT up 45,366% since January, now at $1.68bn MC. I remember looking at this in June and not being convinced it would go much higher. It's up about 700% since then.
MEW up 953% since March, now at $854m. Only heard of this recently and I see there's lots of $10,000+ buys coming in each day, so whales seem to think it's a good bet, short-term at least, but who knows if this will go much higher now.
Guess I'll just keep my fingers crossed and hope that the coins I bought, which are currently under $50m MC, will moon soon.
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MicroStrategy currently holds approximately 252,000 Bitcoin.
Their average purchase price being $39,200, their investment of $9.91 billion is currently worth $18,330,383,597, as of October 31 2024, Bitcoin being worth $73,000.
We've seen people say it was a bad investment, that MicroStrategy was going to fail, and million other things, while they never cared and kept buying. They've doubled their money into $18 billion by purely DCAing and holding.
And we have no idea how high Bitcoin will keep going, as it's just getting started, and their profits might become even more.
Both MicroStrategy and El Salvador have made crazy amount of gains while both were criticised for their decision initially.
And the first few days of October had everyone thinking we won't get anywhere near the ATH, but it seems the market doesn't really care about TAs and what we think. Michael Saylors personal opinion was that Bitcoin could reach $13M each by 2030, so we'll see how that goes.
This is a fragment from the interview regarding avoiding 'shitcoins,' etc.:
" - Today, the crypto industry is developing rapidly, and with each new project, various marketing strategies emerge. Some use aggressive marketing that attracts a large audience and often creates excessive hype. However, it’s becoming increasingly more work for users to distinguish up-and-coming projects from those that rely solely on hype. How can users in the crypto industry avoid being influenced by aggressive marketing and approach investments rationally? What advice would you give to avoid falling for the hype surrounding ‘shitcoins’ and make informed decisions?
To avoid falling for aggressive marketing tactics in the crypto industry, users need to adopt a more critical, research-driven approach. First, they should focus on project fundamentals, examining elements like the team’s background, the project’s real-world applications, and its long-term vision. Users should also look for comprehensive white papers and clear roadmaps indicating a project’s commitment to transparency.
To avoid ‘shitcoins’ or projects based solely on hype, I advise investors to prioritise projects with robust utility, focusing on those that solve genuine problems within the industry. They can avoid impulsive decisions by setting clear investment criteria based on personal risk tolerance and joining communities to discuss and evaluate potential investments with like-minded individuals."
Basically, I knew all these rules, but maybe you can share more red flags to watch out for when trying to spot 'shitcoins' or avoid bad investments?
Ok so I know people can make valueless coins for exchange between parties as kinda of their own currency but upon some skimming into how to actually make a coin and setup ways for people to exchange them seems like a massive complicated mess so I was wondering if there's any alternatives like a site or app or whatever that would allow me to make my own monetarily useless currency and have it be able to be traded between people easier than learning a bunch of coding or paying someone to do it all for me. I gather that probably doesn't make much sense so let me try and summarize. I'm trying to make a currency for a video game guild the players can exchange between themselves and idk how to do that effectively so any help is massively appreciated.