Having children as an investment is stupid. You have children because you don't want to be alone. You want someone to talk to when you're old.
The truth is we eventually die, but there's a way to leave something behind. We leave a part of ourselves in our children. They keep all the memories and remember all the things that we taught them.

99% of children will cost you more to raise than they can ever give you back, simply because that's how time works. If you have a kid in your 30s, by the time he or she becomes financially stable you'll be in your 60s. How many years will you have in which you can really enjoy life, even with a lot of money? 10? Are you going to leave your kids with the thought that you were a burden to them in your last years?

I'd like them to enjoy life, do all the things that I wasn't able to do and not worry about me. I'll make sure I have enough money to take care of myself when I'm 60+ and let my kids start their families and have fun.

I have so many questions.

You're probably right that he was tricked into opening a link containing malware that looked like a Teams link, but why did he keep so much money on a single online device? The moment my Crypto went over 20x reaching a total value of over $100k, I was investing some of that money into a new offline computer and a hardware wallet to store it all. Nowadays you can get a full security setup for around $1k and that includes a fireproof locker to store your backup, a backup hard drive that you can swap in case of a main device failure and a new clean notebook as your access point and main machine to use for payments.

He just needed to spend less than 1% of his funds on security and this would have been avoided.

Also, 150 wallets? Nobody can keep track of such number of shitcoins. There's no way he has a separate password for each of them.

I don't get why you guys make such distant predictions like $250k. Why not $150k?

If you're buying now because you want to see $250k by the end of the year, you're gambling.
With bitcoin you need a couple of things to be safe.
A steady income so you don't have to worry about expenses in a potential bear market.
An investment large enough to make a difference, but small enough so you wont get scared if it crashes by 30%
A long time because it may take a year or two.

If you can't meet the above, rethink buying bitcoin at this time. Maybe wait for a real crash, like the one that happened mid 2021, or a covid crash of 2020.
Don't forget that even if you buy at $100k, you're still buying in a bull market. There's a real possibility the price will go to $60k before it goes to your $250k target.

That's bullish!

Just think about it. People who held bitcoin since the last bull market were normal dudes who need stuff. They get married, want to pay for children's education, move to a new house.
These were potentially unstable holders. People who were going to sell anyway at some point. Maybe at 120k, maybe 130k, but these coins were going back to the market and soon.

People who are buying in bulk right now at $110k aren't going to sell it at the same price or lower. Institutions are planning to hold for the next 2 years or more and if the price crashes to 99k they aren't going to panic sell. At least most of them
This raises the floor price, brings more stability to the market, protects us from another -80% bear market. Remember how we went sub $20k just 3 years ago? We're never going back there thanks to this $100k redistribution.

That's the point. If we continue to have cycles and you expect to live of this passive income, you may find yourself in deep shit when the crisis, that some people are actually waiting for, begins.

This article is meant to scare you and promote their shitty paid services:


Fortunately, they can't do anything about p2p transactions. The article wants to mislead you by saying that they will block your coins if you don't undergo full screening, but that's bullshit.

So they're going to screen my coins on my hardware wallet and block it remotely? I don't use centralized exchanges and recommend you do the same. Only exchanges can block you.

^
Just don't overdo it because the interest some of these companies add when you miss the payment are ridiculous.
One time I forgot to pay my electric bill and literally 3 days later they added 1% interest. I wish my bank was paying me that much... I wouldn't have to work at all.

Looks like this is just for fun because you estimate that bitcoin will be trading at almost $1m in 10 years, which would be very difficult to achieve and I'll tell you why. In the last 10 years, so from 2015 -2025 bitcoin's market cap grew from 3.5 B to 2.2 T USD. That would have to go up 10x in the next 10 years. meaning we'd need an inflow of additional 20 T USD!
To give you a perspective, when ETFs entered the scene in 2024, over the course of another ~20 months, the market cap grew by 1.2T, so we'd need to almost double that and not per 20 months, but every 12 months to reach 20T in 10 years. Where do you expect this money to come from?

1. bc1qg4arhl5fuep5tr9r2upplkj8qezur5hxnwxd8w belonging to *Ace* on spreadsheet number 12 and,
2. ⁠bc1qgralnxqcvmg335km595lh542vseqkf3flfyc8w belonging to ChocolateBitcoinK on spreadsheet number 20.


Are these supposed to be "similar" addresses? Most of the address is in fact different and the same beginning and ending doesn't really change anyything. I bet that you could find 100 more addresses that match like this, belonging to different wallets.

Are these people aware of the fact that a single sign in the address makes it a completely different one? That's how codes work. You can have have a 4 digit pin and you change 1 digit and never get access. People from the exchange who tagged this are complete morons.

OP seems to think that bitcoin whales will become a new power that can tip the scales. I don't agree. IMO the whales that used to be early adopters were mostly gone before 2022.

Think of it this way. If you had bitcoins bought at $100 or less and the price suddenly jumped to $20k, you probably sold most of it. People who owned a lot of BTC are now either dead, like Hal Finney, Mircea Popescu, or they lost their coins somehow, like James Howells, or they got hacked like Luke Dashjr...

There's much less OG bitcoin owners out there than you might think. These people aren't going to form any kind of independent state and won't have any power over the people pulling the strings like Blackrock.

It's unmatched as a tool for saving. It's like being able to monetize the Internet in the 90s. If you could have a stake in Apple in the early days, you would, right? But Apple depends on what the CEO does. If they sell the company, innovate, let it invest in some worthless projects.

IMO we have never seen anything like bitcoin, but the threat of it being acquired and centralized is still there, so probably in a few years most of it is going to be owned by large companies and governments. That said, if you own it, you're going to do great.

I know it was originally meant to be spent, but why would you spend something that keeps growing in value and hold fiat money that loses value? If you have 0 fiat income and need to spend bitcoin that's fine, but if you're holding 50% bitcoin and fiat, there's no reason to spend bitcoin.

Was it justifiable in the first place?

If you look what companies were included and companies that already are on S&P, you might get the same feeling as me.
For instance, Robinhood was added, but it's actually worth over 5 billion less than Strategy.
Last month they added Interactive Brokers - a Company worth 100 billion, pretty much the value of MSTR, so it's not really about the numbers.

Also, there's a lot of companies worth much less than Strategy happily taking a spot. Some examples:

Charles River Laboratories International, worth only 8 billion. 12 times less than MSTR!
LKQ - another 8B company and there's more.

There's a rumor that the US might want to buy MSTR. Nationalize it and that's why they want its value to stay where it is, while S&P inclusion could increase its net worth and make it buy more bitcoin.

Rank: Legendary
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Think of the trust that people have towards fiat money. So, we had USD backed by gold 1:1, and they claimed that each Dollar can be exchanged to gold at request.
There was a situation where France wanted to check if USA really owns enough gold, so they asked for the US government to exchange all their fiat money to gold, but the US government refused. It broke the deal and took US off the gold standard. They basically told the world that they won't honor the deals they make, but people still kept USD. Everybody should've dumped at that point because that's what would happen to a coin like BTC if Satoshi came and said that he's going to change the protocol to whatever he likes, like that there will now be 30m coins instead of 20.

The current value of USD is greatly based on trust. Fake trust, because people should not trust the government that does not honor deals. Bitcoin is much better in this because the rules are simple and known to all parties thanks to its transparent protocol. If countries can hold fiat money belonging to other countries, they can hold bitcoin. For instance, the US holds EUR in its reserves. Why would you need billions in a foreign currency, unless its a part of some mutual exchange deal? We will hold your money, you'll hold our. Why wouldn't they convert at least 1% of that into bitcoin?

Scarcity of bitcoin combined with rising number of holders will eventually increase volatility. The imbalance between traditional assets and bitcoin is just too big.

 For instance, imagine that there's just around 2.5m BTC available on exchanges right now, but there are many billionaires. What if a few billionaires decided that they want to buy $500m? That would be what? 5k BTC each? The entire daily volume on Coinbase is $250m, so a single billionaire buying spot bitcoin could easily double the volume of the largest exchanges, leading to supply shortage and very high prices.

Bitcoin at this point could easily go to $300k in 24h if someone rich like Bezos or Musk wanted to pump it.

Remember that it can protect you from  localized collapse, but probably won't help against a large one. Let's say you live in a small EU country like Lithuania and your country gets threatened by Belarus, or Russia, to the point that your citizens flee and economy collapses. Of course bitcoin will protect you. That said, if the whole EU central bank goes down, you'll face chaos not seen since the last World War and bitcoin won't help you much when there's nobody willing to trade you for it because people are busy barricading in their homes

^

I fully understand that they see a company as a better option than the raw "superior" bitcoin that we would choose.

Some people are the commodity types while others prefer securities. Most of the Wall Street folk is 99% security-oriented and they just don't waste time trying gold or some scary digital assets. Why scary? Because they're not used to a situation where losing a phone means -$1m. They don't want that responsibility.
They see Saylor pumping the company into S$P 500 and they know if he gets there that means billions of inflows into MSTR stock. This is a blind buy if you just take a look at the capitalization chart.

If he gets into the S&P it might actually be one of the biggest price catalysts in the last 10 years, right after the decision to allow spot ETFs.

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That's one of the dumbest things I've read in a while. One of the safety rules that I know is to always spend at least 1% of the value of your investment on security. For instance if you own a $100k car, you'll want to spend at least $1k on a decent parking spot. If you park it on your own land, make sure there's a fence and a gate that you lock at night and at the very least a motion sensor activated flood light.

The cheapest Trezor wallets cost $25 and most wallets on the market will cost you less than $100!
If you own more than $50k in bitcoin you should either have a dedicated air gapped computer, or a hardware wallet.

I'm fascinated by psychology and how people react to this by receiving the mood and amplifying it themselves.

Let's say you are a person with 10BTC bought at $80k. When we went to 100k you sold some of it, like 20%, so you now have 8 BTC. It went to 124k and now is down to 111k. Logic dictates that you should be happy with 0 pressure to sell because you're nowhere near a loss and the price is above your last sell, and far above your buy, yet in reality you will most likely be unhappy and feel like you should sell more. Why?

-other people are negative
-red candles induce fear of the unknown. What if it goes down more and never stops?
-downtrend makes you feel like the whole investment is somehow flawed and endangered
-you don't know what's up, but maybe others do? Maybe you should follow the group? Do what others are doing?

It's funny, but some of my friends told me that they'd feel better if they sold just a bit, even 10% of their coins and that would make them feel better and safer. According to them, selling a small amount would calm them down.

How do you guys feel during a time like this?