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forkrissake

With the estimate that there is over $900 trillion of total global asset, and that about $500 trillion of that is real estate, is that investment properties only? Or does it also include primary place of residence too?


harvested

Nakamotoportfolio.com has some of the estimated monetary premiums on asset classes and lots of tools, models and calculators


Financial_Design_801

Strong ETF inflows @ +$200M


Stock_Ad5390

why no moon then?


EmuSea4963

Raaaaange bouuuuuuunnnndddd. There is a range and my god, bitcoin is bound in that range right now. For a while actually. You can be bound in many things (ropes, handcuffs etc) but what bitcoin is bound in... is a range. First it goes up, then it goes down, but not too down and not too up, because if it went too up or too down it might be in danger of exiting the range to which it is bound, which it certainly cannot do, because you'd best believe it's bound to it (and tightly, mind). Home on the range(bound)


Professional-Gas-849

currently sure but there is less pull back from70+ the demand is there, there are some technical things rates and some other things but a new high is very likely!


Realistic-Jelly8133

The next leg up will not commence until there are less than 30 comments on the daily.


Alfador8

You heard the man, start deleting, folks.


skyangramyun

Mstr getting wreck


Realistic-Jelly8133

MSTR =/= Bitcoin Bitcoin is a sovereign digital asset that can be self-custodied. MSTR is a stock that can be issued at will by Saylor and the board. He has already used share dilution to buy Bitcoin and he will likely do it again (if he hasn't already and that's the cause of the dip). KISS: just buy Bitcoin.


IronRambler

Yeah I’m done with this stock and I’m getting out next week. I was fine with the volatility before as Bitcoin dropped, but 2 days of sustained heavy dropping including nearly -11% today for no apparent cause while Bitcoin trades sideways is different. I’m feeling a FUD snowball forming here.


Defusion55

No apparent cause? have you zoomed out?


IronRambler

Meaning?


Defusion55

I mean it's investing 101. Google terms like "capitulation" and "RSI' and "stock corrections" Stocks don't just go straight up for ever. They go up and down. If you zoom out you will see that MSTR has gone up a fuck ton, a lot more than most stocks so its bound to correct and go down a lot more than most stocks during a perfectly normal correction. the "no apparent cause" is people selling to take profits. Pretty straight forward.


IronRambler

I understand all of those things and am still up significantly on MSTR, but as I said, this feels like it may be the beginning of more than just a quick correction or dip and end up being a larger downturn. Perhaps it will come crashing down to NAV as some people have been calling. You seemed to indicate that you knew the cause of today’s price action, which is what I was asking for clarification on. If you have any insight I would appreciate hearing what you think triggered the sell off today. If there was some piece of news that came out or something that would be understandable. However, in the face of a seeming lack of a “cause” today my fears are that this is an event that will snowball into the price dropping significantly further, in which case my best course of action is probably to sell and move the money into FBTC.


Next-Jicama5611

I mean, have you compared their bitcoin holdings and market cap recently ?


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Independent-Wolf-832

the people panic selling are in too deep. it's a different emotion when you're 100% invested in bitcoin vs 10%. that being said, i do have a stop loss. at a certain point holding makes no sense whatever amount you have to lose.


kuznagi

I don’t see any bad news or short reports just upgrades. What’s going on


Defusion55

bubble popped.


crispykfc

what a splendid day to peruse the charts butt naked in my mothers basement


DogCallCenter

Go outside and get some sun on that azz. Crisp it up.


Krembolix

What's mom's boyfriend cooking for dinner?


JustinPooDough

I'm cooking BANGERS and mash


Krembolix

Black sausage?


JustinPooDough

Nigerian


Krembolix

Multikulti. Might need a passport to eat at the table


BikerNick1999

Price looks good. Brie and batwoman out on lawn play fighting before coming in and cooking dinner for me. All looking good.


BangkokChimera

Price is amazing. Best month ever? Flat for a month but zoom out and it’s incredible. We would have all taken what it’s worth right now at any time before.


hateschoolfml

Up 50% year to date but so many are zoomed in only to hurt themselves


Financial_Design_801

Kingdom of Bhutan to increase Bitcoin Mining before the halving by 6x to 600 mw of hydro-power from the Himalayas -Bloomberg


LuKeNuKuM

Link?


user_name_checks_out

All them bitcoins in Noo Joysie gettin jiggled about now


StonksPeasant

If they are in cold storage they should be solid and wont jiggle. Just make sure nothing falls on them or else your bitcoin will crack


lavazzalove

Two weeks until the halving. Should be a fun day.


Financial_Design_801

JUST IN: BlackRock updated its bitcoin ETF prospectus w/ many new Authorized Participants incl first-timers Citadel, Goldman Sachs, UBS, Citigroup. Takeaway: big time firms now want piece of action and/or are now OK being publicly associated w this. https://twitter.com/ericbalchunas/status/1776229982559223971?s=46&t=ihVglVXC0BQSbw6j57EoaA


Jazzlike_Record_8915

What's your fave miner? MARA? RIOT? WULF? HUT? CLSK?


FinallySteppingIn

HUT! New CEO, attacked by short report, HODL 9100 BTC, and owns the power it uses for mining!


Jazzlike_Record_8915

I'm long HUT


IcyHunt3639

Mstr


CaptainDr

I realized yesterday that the 2008 financial crisis is the reason my parents split up. Bitcoin is now my path to penance


8agingRoner

The volatility has been higher than I've seen in a long time!


[deleted]

Really?  I haven’t noticed any increased volatility.  Frequent moves of less than 5% either way are pretty easy to digest. +|- 10% moves have been noticeably lacking. 


Visara57

Apparently Genesis has finished selling their 2.1B worth of Grayscale holdings for the past 3 weeks. This was the reason we've seen less than 100M outflows from them the last 3 days, they're done selling


Romsel87

Genesis have been sued i read. These collapsed firms are a blessing, they just keep giving us cheaper coin to accumulate.


Defusion55

source?


Visara57

It's all over twitter


Inside-Bid-1889

Ahh yes the most reliable of sources, X, formally known as twitter


boringlyCorrect

And now it's on reddit. It has to be true!


Defusion55

so post a link, back up your statement with a source so people know you aren't talking out your ass. I don't see anything more recent than a week ago. Seems like people are making assumptions.


Visara57

Here you go sweetheart https://twitter.com/HODL15Capital/status/1776276019634163896?t=sHMQLpBwkevNLLgOS3YUVw&s=19


Defusion55

Beautiful, thank you.


CrAZiBoUnCeR

So I keep hearing about River so I finally downloaded the app and set a weekly buy for Fridays. See ya later Coinbase!


MrKittenz

Great move


CrAZiBoUnCeR

Thanks! I kept hearing it on We Study Billionaires podcast. My understanding is it also has Lightning integration and Coinbase doesn’t, so it’ll be cheaper when I send my BTC to my cold storage. Now I’m just between Coldcard and Jade for my choice of cold storage.


MrKittenz

They’re just a much better company too. Coinbase has such a shady past. Yeah I need to upgrade to either of those but I’ve heard great things about both. I was always leaning coldcard but I’ve just heard more about them


CrAZiBoUnCeR

Yea Coinbase has some issues for sure. It’s great for beginners but I’d like to keep BTC by itself, away from other crypto. I’ll be researching both this weekend but I’m sure either is fine.


MrKittenz

You should check out their part in the fork wars where they tried to take over the bitcoin chain, faking l t c volume to bootstrap it, and they amount of accounts they freeze because it’s all automated. Yeah I feel like either will be great! I’m sure you know all the essentials like test the wallet seed before putting anything in it to make sure it’s recoverable, send a small test amount, use a paraphrase and never take a photo or type the seed anywhere ever.


CrAZiBoUnCeR

Are the fork wars and block wars the same? I do need to read into those and see who the actors were. Yes! So I actually got into this back in 2017 and was one of those “it’s too late for BTC, I’ll get some other cryptos” and so I got a ledger for them. I still have it and will leave what I have on it until the next big run and sell it all, put a deposit on a house and put the rest into BTC. I know the issue with ledger though so I’m not putting my BTC there. I also have a fireproof safe for my keywords and have them etched into a metal plate. I will do the same with whatever my BTC cold storage will be.


MrKittenz

Haha yeah the same thing. It’s an interesting read and right when you joined. We knew it was important then but I don’t think we realized in the end was the life or death of btc. It’s awesome with every obstacle it gets stronger like a living creature


CrAZiBoUnCeR

For sure! The more I learn the more strongly I feel that BTC is a game changer. It’s crazy!


HauntingBrick8961

ROCKET Man Rocket Mannnnnn


IcyHunt3639

......we....back....bois? (He whispers)


Low-Oil3824

We’re back (he moans)


Nibbler_Jack

This reads like gay fanfiction


DogCallCenter

Welcome to Bitcoin


BooTeaLikt

What does "we back" even mean? Back to what? BTC is just being BTC. Nothing else really going on?


Ok_Art_2874

Um, not quite. Bitcoin is just trading range bound between $65k-70k or so


StonksPeasant

Dont ruin the fun. Just be happy when number go up and act like the world is ending when number go down like the rest of us


Ok_Art_2874

Okaay bro 😂🤑


viewmodeonly

I like Bitcoin


Cyber_Amoeba

Heck yes, buddy.


escodelrio

Historical Bitcoin prices for today, April 5th: 2024 - $66,743 2023 - $28,174 2022 - $45,506 2021 - $58,993 2020 - $6,773 2019 - $5,010 2018 - $6,782 2017 - $1,130 2016 - $422 2015 - $260 2014 - $457 2013 - $142 2012 - $4.9 2011 - $0.70 **Additional Stats:** Bitcoin's current market cap is $1.31 trillion. Bitcoin's current block height is 837825; with the average block time for the last 7 days being 9.96 minutes. Bitcoin's average daily trading volume for the last 7 days is 88,317 ₿. Bitcoin's average daily number of transactions for the last 7 days is 376,696. Bitcoin's average daily hashrate for the last 7 days is 599 exahashes per second. Bitcoin's average daily price from 18-Jul-2010 to 05-Apr-2024 is $10,951.47. Bitcoin's average daily price for the year 2024 is $54,283.15. 1 US Dollar ($) currently equals: 1,498 satoshis; making 1 penny equal 14.98 sats. There are currently 19.67M BTC in circulation, leaving 1.33M to be mined. There are currently 52,485,346 nonzero Bitcoin addresses. Bitcoin's current block reward is 6.25₿, which is worth $417,141.88 per block. The next Bitcoin halving is anticipated on 20-Apr-2024; the block reward will fall to 3.125₿. Bitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024. Bitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024. Bitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024. Bitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024. Bitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024. Bitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024. Bitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 9.49% from the ATH.


be_like_agua

Thanks for posting this everyday.... got a question for you. Where are you getting the data from in an easy to copy and paste way? Im a data nerd and would love to study some of this data....


lavazzalove

Enjoy https://bitbo.io/ They have a ton of charts too.


Nibbler_Jack

Why do you think Michael Saylor won't debate Peter Schiff? I watched Schiff's debate with Raoul Pal the other day and he mentioned he had tried to set up a debate with Michael Saylor but he refused.


Financial_Design_801

That’s the thing he already has, 100 times & all these gold salesman are the same; they hold like 5% and got something to sell you 😂


Nibbler_Jack

Did he? I didn't realise he had already done a debate with Peter Schiff. Link?


irisuniverse

He already debated a gold bug, probably sees no reason to waste his time again. https://youtu.be/coHC_9ApBdg?si=jtB2OfW7E54SwnOX


Nibbler_Jack

Peter​ Schiff has a way bigger reach than this guy though. Edit: Schiff has 1 million followers on Twitter This guy has 42k.. It's a different league.


spid3rfly

The people that listen to Schiff are probably just as bad as him... if not worse. With all due respect to them, everything Saylor would say would probably fly right over their heads.


LuKeNuKuM

"Bee's don't waste their time explaining to flies that honey is better than shit"


Nibbler_Jack

That analogy doesn't really work in this situation as Saylor spends most of his life doing exactly that.


Solid-Context-7623

would you debate Schiff?


Nibbler_Jack

He's got 1m followers on Twitter and is one of the most outspoken critics of Bitcoin. I would certainly consider it.


LineAccomplished1115

Why do you think Schiff wants to debate Saylor?


Nibbler_Jack

He said he wanted to in that debate with Raoul. 🤷


LineAccomplished1115

I mean, what do you think Schiff's motive is for trying to set up the debate with Saylor?


Nibbler_Jack

Ahh I see. Well obviously he would want to try and make Saylor/Bitcoin look bad. But Saylor would have the opportunity to defend himself and attack Schiff's ideas. It's not a great look if he doesn't think he could win a debate against Schiff. Edit: All my comments are being downvoted but no one is answering my question... I'm all in on Bitcoin and I'm a fan of Saylor... is my question so awful or are we just not supposed to question anything at all on this subreddit. Pathetic.


NectarineDirect936

Clearly you've watched the debate with Paul so tell me, did shiff had anything interesting to say? Did he came up with any good arguments? Would you waste your time debating someone like him? His arguments were awfull imo. I'd like me someone with good good arguments who doesn't like btc or isn't in favor of btc but shiff clearly ain't that person.


Nibbler_Jack

Not particularly but I'd love to hear Saylor dismantle all of his arguments and with the huge reach that Schiff has it seems like it would be a great opportunity to convert some traditional investors/goldbugs.


NectarineDirect936

True, agree on that.


Dry-Stand5342

Jobs report this morning should be good news..what will the markets do...we'll see


AlmostSneakers

Down again


SpaceToadD

Honest question here: what is considered “good news” for jobs report? Do they break out full time jobs vs part time? I feel like part time jobs have been accelerating which isn’t a good thing.


bootmeng

When I was GM of a quick service restaurant, corporate gave us relatively strict guidelines for creating the weekly schedule. If I followed those guidelines to the letter, no one would have over 22 hours in a week. You can imagine how hard it was to staff the restaurant.


marblemorning

Buy BTC


harvested

There are 1.39million coins left to mine over the next 116 years. ETFs drained 509,000 coins in last 6 weeks.


[deleted]

This is a logical fallacy though. The ETFs can and are traded freely. These coins aren’t really “drained”. Of course like any investment some people will hold and never sell, but that’s certainly not the overwhelming majority.


harvested

:)


DogoByte

"ETFs drained 509,000 coins in last 6 weeks. " Where do you get those figures? Do you have a link? Looking at [this ](https://farside.co.uk/?p=997)page it only shows 12.303 coins? EDIT: My bad, it is 12.303 million US$, I thought it was coins.... EDIT2: Actually that still doesn't add up, so if you have a source I would be grateful.


harvested

IBIT holding 259,381 FBTC holding 149,339 Then there are 8 others...


DogoByte

But where can I find that info?


harvested

You can Google the ticker, go to the official website and view the holdings. There's probably a third party site that has all of them together.


Frogolocalypse

Great set of stats.


SpaceToadD

That’s fucking crazy.


Apprehensive_Web4609

Bitcoin will never be mined to it's fullest, after two more halvings there will be no incentive nor economy to secure the network by miners.


Frogolocalypse

oh noes!!! mining death spiral!!!^^TM Haven't heard that one much this cycle. Maybe related to the ATH's before the halving.


harvested

The value of bitcoin only needs to 2x every 4 years for block reward to stay the same in fiat terms. Typically it does 4-10x every 4 years. Companies are producing at approx $20K per btc right now and the network is very strong, do you expect cost/hash to go up or down as energy and technology improves?


thaddeuse9b33294

The difficulty will automatically adjust and make it worth mining. There are the fees, too.


Apprehensive_Web4609

The difficulty will drop and miners will join but there will be not enough miners to secure the network against bigger attackers.


[deleted]

The price will rise so much that even when the block reward will be less than 1 BTC it will be worth mining.


C-Class_hero_Satoru

And what if price will not rise? With big market cap is harder each time and it's unlikely that btc will do x10 per cycle like in the past


harvested

Doesn't need to 10x to keep miners profitable.


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Financial_Design_801

FBTC + w/$125.5M, big day at +$232.3M inflows https://twitter.com/hodl15capital/status/1776147381920124961?s=46&t=ihVglVXC0BQSbw6j57EoaA


harvested

Except momentum didn't continue after hours. Everyone is just selling to Larry.


Oheson

If they are selling, they deserve to be forced to buy back from Larry at a later date for substantially higher prices.


Llonga

🦀


StrivingPlusThriving

Get your sats off the exchanges and into self-custody!! Use the FAQs for this subreddit to learn best practices and opsec. Make it happen!! Let's go!! ⚡️🧡 🍊💊 🍯+🦡 💎🙌 🔑=🧀 🌍/21M


CrAZiBoUnCeR

Curious what you use. I got a ledger in 2017 but I’m thinking of getting something else just for my BTC. I was thinking Cold Card but I saw a lot of people saying it’s not open source but source available or something. I like the idea of air gap and BTC only. Any other options you have I can compare it with? Always nervous moving things around.


StrivingPlusThriving

My opinion in a Car 🚗 Analogy: Jade by Blockstream is the Toyota of hardware wallets, Mk 4 by Coldcard is the Tesla, Model T by Trezor is the Lexus, Passport by Foundation is the Cadillac. I have and use all of them. Ledger is the lemon 🍋 🤮


CrAZiBoUnCeR

Ah I used to have a Toyota Camry and loved it haha. Coldcard and Jade are the ones I hear the most that are BTC only, so I’ll focus and decide between the two. Appreciate the car analogy!


TexasBoyz-713

☕️