Do you see the Bitcoin thesis playing out? So far seems to be going as expected, but it looks like most you anons have become too cynical and jaded to believe it
>>62641155Doesn't matter if it plays out but takes 30 years. We want to be rich now.
>>62641157Why would it be 30 years? Less than 1% chance of that imo
>>62641155what thesis exactly? That it will become some kind of replacement for government fiat? If so, no I don't see that playing out. It's a gambling token.
>>62641165Bitcoin cycles goes low, then high every 4 years. Higher long term and outperforming the sp500. 50-100% up on average a year
>>62641168diminishing returns, this cycle Bitcoin may go up 3x from the bottom at best.
>>626412253x in 3 years sounds pretty good to me. Won't get that with VTI
>>62641245yeah it's not bad if you actually manage to buy the bottom
>>62641525Do you think we're near the bottom?
>>62641155im very bullish
>>62641526close enough I guess, bottom was probably 58.5k back in June, it was significantly below the previous 2021 ATH of $67k and 3x from $58.5k makes an ATH next time around of $175.5k which seems very plausible.
When Bitcoin surges, all the other crypto do right? I finally managed to hack into a wallet of mine from 2014 I had forgot the password to, there's 730,000 DOGE in it. Wonder if I should sell it all immediately or wait.
>>62641557Yeah, I probably got too greedy. Didn't dca in. Will wait another month or two and see if it stabilizes or goes lower. I was thinking 33k-50k was possible.>>62641572Some of them. Personally looking at what surged most, maybe these three in picrel, and will probably do 7% BTC and 1% of three coins, letting it ride for 2-3 years. 90% still in index funds just in case it's a decade long bear market or some shit.
>>62641155Bitcoin and Chainlink. I am not a Jeet advertising. I am telling you that nothing else makes sense.
>>62641551That's Fanta, right?
>>62641625Bitcoin yes, the stuff I mentioned above makes more sense. It's a smaller coin but up less than even HYPE or ZEC
>>62641721I understand. Nevertheless, please do to touch me again. It gives room to all these plebs
I agree
>>62641168it's existed for like 12 years and you're talking about cycles. you people are fucking idiots.
