Quote from: jbreher on Today at 06:51:11 AM

Quote from: vapourminer on September 02, 2025, 12:17:17 PM

Quote from: jbreher on September 02, 2025, 01:28:18 AM

Quote from: JayJuanGee on August 24, 2025, 03:21:12 AM

By the way jbreher, recently I had mentioned you as a guy who seemed to be having difficulties with unit bias, so hopefully you have recently gotten over gifting bitcoin in 1 coin increments.

I stopped gifting in 1 BTC increments when the $USD value of 1 BTC exceeded the IRS nontaxable gift maximums.

so, basically we will be able to gift whole cornz again later this year?

buy the dip lol?

Personally, I don't think we've come close the the face melting blowoff top this cycle. Though I do envision it ending in a huge crash - to .... umm ... maybe $200K?

DYOR

Nice to see you.

I used to think I had a napkin math handle on the macroeconomic and social forces of the day. But at our current point I am quite confused. There are so many forces in play. A weakening USD, the possibility of a "gold backed" electronic BRICS currency. Look at China's gold (and gold derivatives) acquisition. The migration and social upheaval in Europe. The strangely similar, but currently stemmed tide of migration to the US. The advent of the public's awareness of AI (which obviously is not new to the 'powers that be') . The first, second, etc order effects of AI on society. The emergence of new extreme demand of power and water by data centers while the global population's demand for these things is also growing. The various wars in play. A proxy war between the US and Russia. The absolute extermination of people in Gaza.

The establishment of paper bitcoin in the form of NASDAQ plays (MSTR and it's derivatives as well as the many copycats) as well as things like ETF's. And the centralization of BTC custody. And their sensible and enevitable meltdown.

I will not bore you with the other 90% of my list. Wink

Bitcoin remains the escape hatch.

The central bank(s) and it's tentacles like the BIS, IMF etc do not want this... so they are moving faster and faster towards CBDCs. And identity control.

-Sigh-

But you are probably right. Even in the presence of all these things... the cycle continues.

Bitcoin does not care.