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The #bitcoin Community rn be like
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7 highlights of Trump's speech at the #Bitcoin 👇 event · Will fire Gary Gensler from the SEC on the 1st · Will create strategic national reserve of #Bitcoin ... · ... and HOLD 100% of the currencies the government has · Do you think #Bitcoin will surpass the gold market cap · Promised to release Ross Ulbricht from prison · Will never let the US create a Central Bank Digital Currency (CBDC) · "The #Bitcoin does not threaten the dollar. The government's incompetence is what threatens the dollar"
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Once #Bitcoin flips #Gold, one $BTC will be valued at $800k.
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Since the 2012 halving, Bitcoin is up more than 500,000% from $12 to nearly $70K. The majority of that price discovery happened in three windows that lasted a grand total of less than two years. The other ~10 years? BTC was either moving sideways or down. Each of these runs kicked off in the year after a halving event. As much effort as everyone on here puts into trying and nail the exact price of each local bottom and each local top, it's all noise in the big picture. This is historically the best place you can possibly buy. Several months after the halving - ranging beneath the previous cycle's all time high. Is there a scenario where BTC could dip back into the 40s or 50s from a brief moment from here? Sure. But it shouldn't distract you from the violent up only price action that's around the corner. The real fun for this bull market hasn't even started yet.
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Michael saylorhas less in common with Jeff Bezos and more in common with Napoleon. MicroStrategy has less in common with Apple and more in common with the Dutch East India Company. Few.
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