Aside from the halvings, what else can we look forward to? What else will propel the value of bitcoin? Institutional and normie adoption come to mind but are there any other “events”?
Sunday, December 31, 2023
[Altcoin Discussion] - January 2024
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420 Satoshis: Investing in Bitcoin Doesn't Mean You're High
Dear Community,
In an exciting turn of events, we're launching a new campaign: "420 Satoshis: Investing in Bitcoin Doesn't Mean You're High." This initiative aims to shatter the misconception that entering the world of Bitcoin requires hefty financial resources. With the current price of Bitcoin at $42,487, it's fascinating to note can get you around 420 Satoshis for just $0.1784!
We chose '420', a number typically linked with being 'high', to underscore that investing in Bitcoin isn't as unattainable as some might think. It's a playful nod to the idea that you don't need to be 'financially high' to be a part of the Bitcoin ecosystem. This campaign is close to our hearts as it aligns with our mission to make Bitcoin an inclusive, accessible digital currency for everyone.
This is more than just a campaign; it's a movement to demystify Bitcoin and open the doors to those who thought it was beyond their reach. Whether you're a student saving up pocket money or someone just curious about digital currencies, Bitcoin is for you. And with just a few cents, you can start your journey with us.
Let's break barriers and build a diverse community of Bitcoin enthusiasts. Together, we can change the narrative around Bitcoin investment, proving that it's not about how high your funds are, but how high your aspirations can be.
Invest small, dream big – welcome to the world of Bitcoin.
Warm regards,
CIA of Bitcoin
Edit: corrected calculation
Ethereum (ETH) Surpassed Bitcoin (BTC) for Second Time Ever
https://u.today/ethereum-eth-surpassed-bitcoin-btc-for-second-time-ever
Using Logarithmic Charts to Prophesize Bitcoin's Price is Ridiculous
If you've been in the space for a bit, you've heard that the logarithmic chart predicts "cycle highs" under a plateauing parabola.
There is no other traded asset that maintains a cult-like prophecy about a logarithmic chart that lays out cycle highs to the end of time. Tech stocks like MSFT, APPL, GOOG have logarithmic charts that are linear. The S&P (SPX, SPY) doesn't behave under a plateauing parabola either. Gold doesn't. Bitcoin does not have a mind of its own. There isn't a magical bitcoin spirit that has a plan that decides the price while we all watch in awe. It's all supply and demand by people. The only that changes the price is people pushing buy or sell, including people that work for institutions.
I really hope this magic logarithmic chart prophecy dies with some major invalidation event.
In my own opinion, the crashes came from major media FUD events, like the Nature article predicting bitcoin will boil the ocean, Elon selling, China bans, sudden waves of anti-bitcoin bs from the media, or gigantic inflows of FOMO traders that never even bought a stock in their life and sold it days after buying, and Fed policy.
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