July 21Jul 21 This morning on CNBC Tom Lee said that BTC could hit $1M in the “next few years”. https://www.cnbc.com/video/2025/07/21/bitcoin-could-be-worth-over-1-million-per-coin-in-the-next-few-years-say-fundstrats-tom-lee.html?__source=sharebar|twitter&par=sharebar
July 21Jul 21 1 hour ago, Buzzrock said: This morning on CNBC Tom Lee said that BTC could hit $1M in the “next few years”. https://www.cnbc.com/video/2025/07/21/bitcoin-could-be-worth-over-1-million-per-coin-in-the-next-few-years-say-fundstrats-tom-lee.html?__source=sharebar|twitter&par=sharebar Didn't watch the video yet, but I see 401k adoption (or not) as a major component whether $1m will occur. If employers had bitcoin or crypto exposure as an investment option for employee plans, the underlying assets will skyrocket. I don't imagine many will start throwing 100% into crypto (some will), but even if you start seeing a low average of 1-2% that is a huge influx of money that will eat up available bitcoins.
July 21Jul 21 17 minutes ago, Buzzrock said: Makes me wish I hadn’t sold my one coin at $12K. Meh. I always find it pointless to second guess past decisions or indecisions. If so, I wish that I had bought NVDA for 4 cents, adjusted for splits, back in 1999.
July 21Jul 21 At least 5 years please 7 preferred with massive volatility preferred so I can keep adding.
July 21Jul 21 26 minutes ago, Fiscal dominance said: You just missed some in March and April. I think the institutional money flowing in will dampen volatility somewhat. A good general rule here is when nocoiners start posting then it’s a good time to buy. Here’s a few examples. They all could’ve made a great financial decision by fading themselves. I think Bitcoin is inherently worthless, but that doesn't mean it isn't a good gamble. I do think the music will stop eventually, but I have no idea when that will be.
July 21Jul 21 2 hours ago, Dahobbs said: I think Bitcoin is inherently worthless, but that doesn't mean it isn't a good gamble. I do think the music will stop eventually, but I have no idea when that will be. in the purest sense so is paper money and i'm not a gold bug or crypto bro. it's been around long enough to be a proxy for value at this point. but I hear your point.
July 22Jul 22 3 hours ago, troph said: in the purest sense so is paper money and i'm not a gold bug or crypto bro. it's been around long enough to be a proxy for value at this point. but I hear your point. Eh, currency is different. If Bitcoin could function as a currency, it would have value. But it isn't used that way and its volatility makes it unlikely to ever be used as a real currency. Whether it remains a long term store of value remains to be seen I suppose. But I expect the music will stop at some point. No harm in folks making money in the interim.
July 22Jul 22 47 minutes ago, Dahobbs said: Eh, currency is different. If Bitcoin could function as a currency, it would have value. But it isn't used that way and its volatility makes it unlikely to ever be used as a real currency. Whether it remains a long term store of value remains to be seen I suppose. But I expect the music will stop at some point. No harm in folks making money in the interim. Then gold has the same characteristics and it’s now so valuable you can’t really use it well as currency even if paper currency collapsed. Silver is a better metal for currency but in both cases it’s scarcity and perceived value that make it so. The two risks for bitcoin are regulation (out of existence) and total collapse of society. I think the time for the first has recently passed. That ship has sailed. What’s left is total collapse, in that sense it’s just like paper currency. But that’s where gold, silver, water, unique goods that are disappearing come in handy. I’m fucking loaded if water becomes a currency sheesh.
July 22Jul 22 11 minutes ago, Fiscal dominance said: FIFY I don't know if you've noticed, but the music hasn't been slowing. It’s accelerating. You're betting the don't pass line, and cheering on the seven out. Dahobbs pretty succinctly said my feelings on its inherent unsustainability. Also lmfao what is this, your 40th new account? 14 minutes ago, troph said: Then gold has the same characteristics and it’s now so valuable you can’t really use it well as currency even if paper currency collapsed. Silver is a better metal for currency but in both cases it’s scarcity and perceived value that make it so. The two risks for bitcoin are regulation (out of existence) and total collapse of society. I think the time for the first has recently passed. That ship has sailed. What’s left is total collapse, in that sense it’s just like paper currency. But that’s where gold, silver, water, unique goods that are disappearing come in handy. I’m fucking loaded if water becomes a currency sheesh. In a sense, investing in Bitcoin to further goose the electricity and water consumption of the network is enhancing the value of your water holdings by inducing further scarcity. Good stuff.
July 22Jul 22 58 minutes ago, Captainant said: You're betting the don't pass line, and cheering on the seven out. Dahobbs pretty succinctly said my feelings on its inherent unsustainability. Also lmfao what is this, your 40th new account? In a sense, investing in Bitcoin to further goose the electricity and water consumption of the network is enhancing the value of your water holdings by inducing further scarcity. Good stuff. My water isn’t worth shit unless total complete collapse occurs. So your logic is quite stretched and quite attenuated.
July 22Jul 22 13 minutes ago, troph said: My water isn’t worth shit unless total complete collapse occurs. So your logic is quite stretched and quite attenuated. My comment on your water value was about as serious as your initial comment was lol
July 22Jul 22 42 minutes ago, Captainant said: My comment on your water value was about as serious as your initial comment was lol Y'all are the ones claiming an asset that is now broadly accepted by Wall Street - so much so it’s quoted on tickers next to the S&P 500 is unlikely to remain so. You’re the one lacking seriousness. How does it go? lol is it? Sheesh. Edited July 22Jul 22 by troph
July 22Jul 22 1 hour ago, troph said: Y'all are the ones claiming an asset that is now broadly accepted by Wall Street - so much so it’s quoted on tickers next to the S&P 500 is unlikely to remain so. You’re the one lacking seriousness. How does it go? lol is it? Sheesh. I genuinely am interested to hear your experience using bitcoin for commerce, and your general experience using it in contrast to traditional financial systems
July 22Jul 22 5 hours ago, troph said: Then gold has the same characteristics and it’s now so valuable you can’t really use it well as currency even if paper currency collapsed. Silver is a better metal for currency but in both cases it’s scarcity and perceived value that make it so. The two risks for bitcoin are regulation (out of existence) and total collapse of society. I think the time for the first has recently passed. That ship has sailed. What’s left is total collapse, in that sense it’s just like paper currency. But that’s where gold, silver, water, unique goods that are disappearing come in handy. I’m fucking loaded if water becomes a currency sheesh. I'm not being critical of you. You want to gamble your money, go for it. Right now, the table is paying like crazy. And maybe it keeps paying for a long time. That doesn't change the fact that bitcoin provides 0 real world value. It can't function as a currency. It isn't an independently useful material like gold or silver. Bitcoin's value is tied solely to its scarcity. I question the long-term value of a functionally useless thing that also requires a massive infrastructure and energy investment. For whatever reason it has stuck around and maybe it can live off its own momentum now. But I happen to think it is precisely the sort of thing that can suffer a drastic and sudden price collapse. Until then, make all the money you want. I ain't stopping anyone.
July 22Jul 22 5 hours ago, Dahobbs said: I'm not being critical of you. You want to gamble your money, go for it. Right now, the table is paying like crazy. And maybe it keeps paying for a long time. That doesn't change the fact that bitcoin provides 0 real world value. It can't function as a currency. It isn't an independently useful material like gold or silver. Bitcoin's value is tied solely to its scarcity. I question the long-term value of a functionally useless thing that also requires a massive infrastructure and energy investment. For whatever reason it has stuck around and maybe it can live off its own momentum now. But I happen to think it is precisely the sort of thing that can suffer a drastic and sudden price collapse. Until then, make all the money you want. I ain't stopping anyone. Crypto stable coins like bitcoin can be used to store value and as currency. It’s not a widely accepted currency much like pesos are not widely accepted in the US but you can go to the bank and exchange them for dollars. You can sell bitcoin for dollars and some do take it as currency. One of bitcoins biggest threats is reform to the financial system where 1-3.5% of every non-cash financial transaction is raked for fees. Fix that and you could see crypto crater. anyway, I have no need to convince anyone again, I’m following some wickedly smart money that is in on bitcoin. Everyone else can do as they please. Idgaf.
July 22Jul 22 7 hours ago, Captainant said: I genuinely am interested to hear your experience using bitcoin for commerce, and your general experience using it in contrast to traditional financial systems You can’t read can you. My investing strategy is long term hold for aggressive growth. You really need to be right though, so I’ll let you because I’m not invested in this argument its returns suck.
July 22Jul 22 1 minute ago, Tailgate said: How would one go about paying for a hamburger with a Van Gogh? I make a mean smash burger bring it I’ll do that deal. I remember when coffee shops and pizza joints were taking BTC. I hope those shop owners held them!
July 22Jul 22 2 hours ago, troph said: Crypto stable coins like bitcoin can be used to store value and as currency. It’s not a widely accepted currency much like pesos are not widely accepted in the US but you can go to the bank and exchange them for dollars. You can sell bitcoin for dollars and some do take it as currency. One of bitcoins biggest threats is reform to the financial system where 1-3.5% of every non-cash financial transaction is raked for fees. Fix that and you could see crypto crater. anyway, I have no need to convince anyone again, I’m following some wickedly smart money that is in on bitcoin. Everyone else can do as they please. Idgaf. You may be following "wickedly smart money," but you don't actually understand what you're talking about. Bitcoin isn't a stable coin. It doesn't try to maintain a value. It fluctuates widely in value (largely by design). You can't actually use it as a currency because there is no way to peg a bitcoin price to anything given the large fluctuations in a single day much less over a longer period of time. But yes, it is fairly easily convertible to dollars. That puts it somewhere between Beanie Babies and actual currency. It is more liquid than the former and less stable than the latter. Edited July 22Jul 22 by Dahobbs
July 22Jul 22 51 minutes ago, Dahobbs said: You may be following "wickedly smart money," but you don't actually understand what you're talking about. Bitcoin isn't a stable coin. It doesn't try to maintain a value. It fluctuates widely in value (largely by design). You can't actually use it as a currency because there is no way to peg a bitcoin price to anything given the large fluctuations in a single day much less over a longer period of time. But yes, it is fairly easily convertible to dollars. That puts it somewhere between Beanie Babies and actual currency. It is more liquid than the former and less stable than the latter. thank you for your attention to this matter. Edited July 22Jul 22 by troph
July 22Jul 22 1 hour ago, troph said: thank you for your attention to this matter. You're welcome. I do think there may be a miscommunication here: stable coin is a technical term. I'm now realizing you may have meant stable descriptively rather than intentionally referring to the class of coins that are designed to peg themselves to some reference target (https://en.wikipedia.org/wiki/Stablecoin). Mea culpa for any confusion.
July 22Jul 22 41 minutes ago, Dahobbs said: You're welcome. I do think there may be a miscommunication here: stable coin is a technical term. I'm now realizing you may have meant stable descriptively rather than intentionally referring to the class of coins that are designed to peg themselves to some reference target (https://en.wikipedia.org/wiki/Stablecoin). Mea culpa for any confusion. You’re fine, I probably messed that part up. I see it as stable, value, and currency. I’m in BTC for long term value only, and as someone who is not an early adopter I'm trying to adopt sooner on assets and stocks I think have aggressive upside. The momentum here, the fundamentals, and the adoption all point to a massive increase in value over the next 10 years, potentially in ways a stock of a particular company cannot achieve. the supply/demand and scarcity along with the signals of trust are just coming in too strong even though it's still very early in the life of this asset. Edited July 22Jul 22 by troph
July 22Jul 22 7 minutes ago, Fiscal dominance said: I'm more annoyed about the frequent flier new account because I can't fucking block you. You just come back again and again and again despite there being a rule specifically against YOU for your disinformation antics during COVID and the early stages of the russian invasion of Ukraine.
July 30Jul 30 MSTY divvy announced at 1.1835 for this 4 week period ending. Two payouts in August, this on the 1st and next on the 29th. Edited July 30Jul 30 by StassneyHorn
July 30Jul 30 Paypal will soon allow payment using 97 cryptos. I think that 97 cryptos shows they don't know what they are doing, and I also think they are going out of business before long. Anyway, the payment rails are being built now. I am installing cypto payments on my website, and even though it's first gen technology I am cutting my processing payment by 1%, understanding it will eventually be completely free. Everything from Zelle to ACH to Western Union is getting replaced with the blockchain. https://fortune.com/crypto/2025/07/28/paypal-100-cryptocurrencies-accept-merchants-bitcoin-ethereum/ Edited July 30Jul 30 by Thetexashammer
July 30Jul 30 Crypto stable coins like bitcoin can be used to store value and as currency. It’s not a widely accepted currency much like pesos are not widely accepted in the US but you can go to the bank and exchange them for dollars. You can sell bitcoin for dollars and some do take it as currency. One of bitcoins biggest threats is reform to the financial system where 1-3.5% of every non-cash financial transaction is raked for fees. Fix that and you could see crypto crater. anyway, I have no need to convince anyone again, I’m following some wickedly smart money that is in on bitcoin. Everyone else can do as they please. Idgaf.
July 31Jul 31 1 hour ago, Parliament said: If I owned Bitcoins I only paid $17k for, I'd buy this site and make it respectable.
July 31Jul 31 Just to tease everyone, MSTR earnings call after hours today. MSTR board snagged up 22 million worth of stock. Michael Saylor said earnings call will be most important in company's history
August 8Aug 8 Green Dildo Coin, a svelte financial investment for anyone who doesn't care! Anyone getting a piece of the action?? https://www.reuters.com/sports/wnba-sex-toy-incidents-linked-cryptocurrency-group-2025-08-07/ A spokesman for the group behind Green Dildo Coin took credit for the trend in an interview with USA Today, while The Athletic reviewed a livestream of cryptocurrency enthusiasts in which speakers celebrated a sex toy being thrown onto the Los Angeles Sparks' court Tuesday. The group has claimed that their memecoin's goal was to combat a "toxic" environment in the cryptocurrency world and insisted that its members did not "dislike women's sports," though it's unclear why Green Dildo Coin advocates have fixated on the WNBA. Regardless, WNBA players and coaches have widely criticized the trend, citing safety concerns alongside the unneeded ridicule it's brought to the league. There have been six known incidents of neon green sex toys being thrown at WNBA games since July 29, per USA Today.
August 9Aug 9 It's wild how the entire argument for crypto from pro-trump people is "trump is ruining the US economy so you should use crypto!" Impressive self-licking ice cream cone. I wonder why trump isnt shilling his briberycoin more, if we're just abandoning the dollar
August 9Aug 9 1 hour ago, Bill Osler said: It’s wild how literally no one is saying that, much less making that their entire argument. You're hallucinating. You have to stop thinking about one man constantly. The tailwinds behind Bitcoin have come from “both sides”, sustained for many years. Bitcoin is apolitical money. I'm talking about the Presidential™ TrumpCoin®, not Bitcoin, considering the only purpose of the side coins is to drive demand for BTC as an entry to crypto for more greater fools
August 10Aug 10 On 7/21/2025 at 4:11 PM, troph said: in the purest sense so is paper money and i'm not a gold bug or crypto bro. it's been around long enough to be a proxy for value at this point. but I hear your point. I've been in and out of this space for years (ETH, BTC). Nagging questions I have concern the inevitable hacking/corruption of the blockchain. I have yet to hear a good response. GLTA
August 11Aug 11 14 hours ago, SaucyJack said: I've been in and out of this space for years (ETH, BTC). Nagging questions I have concern the inevitable hacking/corruption of the blockchain. I have yet to hear a good response. GLTA Experts only talk about the potential of the 51% attack (see above) or if quantum computing breaks the cryptography. Of course if that happens then most passwords, across all systems, will also be hackable. Just as there is research for quantum computing, this is other research to prevent this from happening. Most likely both by groups that share info and this will not be a problem. Crypto users are susceptible to being personally hacked, giving up their passcodes, or just losing their passwords and recovery codes. The average person could not be trusted to self-custody their codes, and as the saying goes half of the people are dumber than the average person. And if you add AI to the mix, hackers don't need to worry about hacking the blockchain, they can target the weakest link: people.
August 12Aug 12 On 8/11/2025 at 8:43 AM, Nice Guy Eddie said: Experts only talk about the potential of the 51% attack (see above) or if quantum computing breaks the cryptography. Of course if that happens then most passwords, across all systems, will also be hackable. Just as there is research for quantum computing, this is other research to prevent this from happening. Most likely both by groups that share info and this will not be a problem. Crypto users are susceptible to being personally hacked, giving up their passcodes, or just losing their passwords and recovery codes. The average person could not be trusted to self-custody their codes, and as the saying goes half of the people are dumber than the average person. And if you add AI to the mix, hackers don't need to worry about hacking the blockchain, they can target the weakest link: people.
August 16Aug 16 Lol just saw a banner ad for "Texit Coin" at IAH this morning. Wouldn't you know it, they say it's going to the moooooon
September 9Sep 9 Not much happening. Market going sideways. got my bitaxe miner set up. Not mining to pool. Just doing for fun, looking to hit lotto on solo miner. It’s very small. Cool little fan set up for cooling. Then a nice UI for checking up on how it’s running. I’m just going normal speed. Not over clocking it.
October 3Oct 3 Now 1k away from ATH. It definitely feels like a different market now. Less big pumps and dumps. This presentation from a few days back goes into the on chain data to explain why. It’s a good listen. https://app.livestorm.co/unchained/online-event-bitcoin-has-crossed-the-rubicon/live?s=f64bc278-34f1-4b3e-9f0e-ad9d4c6ba8f6#/ Big flows in, and a lot of old sellers, but they’re being digested. IBIT and its options playing big role in volatility dampening. But this guy theorizes big moves still in store when spot market moves prices substantially over a weekend or holiday and then institutions and hedgers are offsides and have to correct.
October 3Oct 3 I think it’s early stage as a mature but growth investment. So there is lots of room for asset appreciation.
October 3Oct 3 1 hour ago, Chopped said: Now 1k away from ATH. It definitely feels like a different market now. Less big pumps and dumps. This presentation from a few days back goes into the on chain data to explain why. It’s a good listen. https://app.livestorm.co/unchained/online-event-bitcoin-has-crossed-the-rubicon/live?s=f64bc278-34f1-4b3e-9f0e-ad9d4c6ba8f6#/ Big flows in, and a lot of old sellers, but they’re being digested. IBIT and its options playing big role in volatility dampening. But this guy theorizes big moves still in store when spot market moves prices substantially over a weekend or holiday and then institutions and hedgers are offsides and have to correct. You have to guess that 2026 will bring on a few crypto options for a limited number of 401k employer programs.
October 3Oct 3 5 hours ago, scramblyn said: I think it’s early stage as a mature but growth investment. So there is lots of room for asset appreciation. Happy Uptober everyone! It's extremely early strategically, but I don't think of it as a growth investment, it has no earnings. It's a store of value for now, it's vastly superior to the shiny rock. But a lot of Boomers are going to have to die IOT value BTC properly vs gold. The Peter Schiff types are still alive and kicking, blissfully unaware or how wrong they are. Old dogs and new tricks. BTC also kicks fiat's ass, especially the fiat that everyone holds but is getting printed to Bolivia. The wave of folks getting into BTC next time we have real inflation is going to be inestimably large. Once people are comfortable with blockchain/stablecoins, the only sales pitch necessary is "it's the hardest money ever made". Maybe show them a chart of the price of a Big Mac in Sats. There will be millions of people just like me saying "What do you mean inflation? I'm paying in Sats, shit just keeps getting cheaper." (That's my narrative, but I don't know shit about fuck.) Vanguard capitulated this week. Yet another confirmation of the long term continued ascendancy of the magic internet money. I have lower expectations that most. In that regard, take a look at the Bitcoin Power Law Model. It suggests an and of year price around $140k. Edited October 3Oct 3 by Thetexashammer
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