Bitcoin and BGB on the Rise

Guys, have you seen the markets lately? Bitcoin has been absolutely on fire, and it’s been such a thrill watching it climb higher and higher. But what’s really caught my eye is Bitget's governance token, BGB. It hit a new all-time high! This is huge, especially for those of us who’ve been holding or trading it.

What’s even better? Bitget is celebrating this growth with a massive giveaway! They’re giving away 50,000 BGB via the Diamond Thursday event. All you have to do is trade either BTC or BGB on their platform. Easy, right?

I think this is such a great opportunity for traders to capitalize on the market’s bullish momentum and get rewarded while at it. Whether you’re a pro or just starting out, this feels like the perfect time to jump in. I feel like this is the beginning of a bigger trend, we might see even crazier moves. What do you guys think? Are you trading BTC, BGB, or both?

Is this cycle different?

We hear it time and time again, this cycle is going to be different, there won’t be a crash, HODL.

I’ve been in this space since mid 2017. I really thought I had to buy as much as I could because it’ll be too late to buy it later. For a poor college student I made crazy gains and never sold. By 2020 I almost forgot about crypto but I still had my bags and sure enough by 2021 I had unimaginable gains.

Greed got the better of me again, I wanted to sell but didn’t have strategy and thought I could time the top. Illogical fear of being taxed on every trade also held me back. I could’ve sold and made a profit, I could’ve sold and bought other coins and made profit in profit. But the fear of selling and already creating a taxable event and then risking that profit on other trades (more greed) that could lose it all and leave me with a tax burden made me do nothing.

Again in 2021 the narrative that I had to stay in market because these prices would never be seen again started getting the better of me. I, like many influencers and comments I’ve seen this last year, vowed that I wouldn’t believe that crypto is dead after the 2021 cycles ended, and more importantly I will take profits in this current bullrun.

My confidence is wavering again and here’s what’s different.

We’ve realized the 2017 dream of crypto becoming mainstream. We have Bitcoin ETFs, we have ripple kicking the SECs ass for all of crypto, we have shareholders pushing FAANGs to hold a portion of their assets in Bitcoin, a Bitcoin national reserve for crying out loud.

What’s different is this run is happening during a recession, an economic shit show. A lot of people thought we wouldn’t have a bullrun again because the economy is so bad, but here we are. Sure it’s reflective of how much value the dollar has lost and all that finance stuff.

Technically based on history and halving cycles this is early in the bullrun. But I am seeing so many posts about people needing to sell to get out of debt. I am seeing so many people planing around cashing out this time and the conspiracy part of my brain is yelling they would do this. They (blackrock, jp, government, big dollars) would wait to do it this way. They would wait for retail to be most vulnerable to really make this mainstream. This makes me uneasy.

I will take profits this time. Yet again I fear that they will make the best cryptos unattainably expensive moving forward. They will let us take our measly profits now that they know we need the money to pay for out cost of living/debt before they go all in and remove our ability from getting in at a time to make crazy gains.

TLDR; I need to sell for profits but feel like adoption is moving so fast now that the opportunity to get in this early won’t come around again. Nothing new but definitely with better reason now with how much it’s being adopted now.

Users in r/technology flame reddit for its sitewide removals of suspected UHC shooter Luigi Mangione supposed manifesto

Source: https://np.reddit.com/r/technology/comments/1hcxzzc/reddit_is_removing_links_to_luigi_mangiones/

HIGHLIGHTS

• So blocking links to a Vigilantes manifesto is easy enough but blocking bots from spamming crypto scams is too difficult?

  • It's because those bots still count as "active users" , so on the next shareholder meeting they can claim userbase is growing.

    • Look here you, our dedicated users are active 24/7. They're so dedicated they do not need sleep. We're trying to find out their secret.
      • You joke but that’s literally a response from a dev team on a phone game I play
    • Same reason Elon boosts bots and AI users on Twitter. Engagement is up! It may not be real engagement between real users, but engagement is up!

  • WSB scammed their own users through a crypto scam and NO ONE did a fucking thing about it. You get banned if you point it out. Reddit is full of stock cults full of astroturfers too. That is illegal and nothing is done. But this gets attention?

    • It's almost like Reddit is a megacorp with an out of touch rich CEO who got paid $193m in 2023. Not that they'd be at all biased about this sort of information...

      • The CEO is a doomsday prepper too. He’s convinced he’s going to be a leader in the post collapse America. It’s pretty funny.

        • A techbro with no useful skills in the apocalypse is going to be passed around for sexual pleasure or food. Probably both.

    • I don't follow WSB. What happened? Can you explain on this sub lol?

      • I am not sure if links are automodded, but search subreddit drama for "Two WSB Mods created a cryptocurrency, only to rugpull and take all the coins for themselves immediately after launch" Its a wild ride and they have tons of links about it.
        • Is that the Hawk Tuah one or is this another one of the thousands of scams
        • One of the thousand. The best thing about crypto is that it’s deregulated 🤓
        • I don't recall who said this, but a quote that made me laugh was: "The best part of bitcoin is watching libertarians slowly realize why banking regulations exist."

    • WSB is literally a troll sub to convince suckers to blow their life savings on pump and dump schemes

      • They always talking about diamond hands but those hands are the ones left holding the bag.

• The tl;dr is "Healthcare system's fucked; direct action is needed."

  • deleted comment where a user posted the supposed manifesto

    • Those seem like the lyrics to a tune, someone should sing them along with some guitar chords and put it on Youtube.
    • Oh god that font shadow is making my eyes bleedthe manifesto*
    • Its not- he said "Motherfucking" and "Parasites" and you guys keep sharing the one with "indecipherable" in it
    • I got banned for 3 days on my main account for posting this in comments

  • deleted comment where a user posted the supposed manifesto

    • thank you ken fuck spez

      • "Wait....I'm also a terrible CEO!" -spez

    • fuck spez

      • fuck spez

        • fuck spez

  • The Healthcare system is fucked, and the US just elected a bunch of assholes who will go above and beyond to ensure that it stays fucked for the next 4 years.

    • They want to repeal Obamacare so you get kicked off your parents health insurance at 18 instead of 26. They want to make it WAY worse
    • Actively make it worse. They want to hand all of medicare over the private insurers like United.
    • RFK Jr is personally responsible for a measles outbreak in Samoa that killed 83 people, mostly children. Now he will be in charge of HHS.

  • The admins were perfectly fine with t_d and its members calling for direct action, including forcible deportation via helicopter a la Scarface, but one little CEO experiences it and they all freak the fuck out. What the fuck.

    • "The admins were perfectly fine with t_d and its members calling for direct action, including forcible deportation via helicopter a la Scarface" What world do you live in? This is literally what got them banned. This is just a bold face lie. In fact, it's literally a counter-argument. They were banned for calling for people to kill some cops. This is an identical scenario, except they can't ban a subreddit because half the users are posting this terrorist sympathizer shit, so instead they're banning the users posting it.

• Welcome to the Streisand effect. I didn't even knew that Luigi had a manifesto. Now I know, thanks!

  • Well we don’t even know it’s his manifesto. It is rumored to be his manifesto. For all we know Luigi is innocent and had nothing to do with the shooting.

    • Even if it's not actually his, the message is apparently dangerous enough to send Reddit into censorship mode.
      • The truth is dangerous

• The rich cannot have the underclass organize or unite.

  • Baffling, with advent of internet- it was supposed to become easy to organize and rally. Exact opposite has happened where misinformation has fragmented people who should be allies. Information spreads under watchful eye of corporations and government who know everything about us from our devices. Because of Internet, it has become harder organize or unite

    • All forms of media have a brief window once created where they are disruptive until powerful people figure out how to wield it. Writing Books -> Printing press -> Radio -> Broadcast Television -> Cable/Satellite Television -> webpages/Blogs -> Social Media Each one was disruptive and shattered established systems of control and then quickly became a tool of control themselves.

      • It's super easy when the oligarchs own all those aforementioned means of media.
      • Notice how when common man platforms get large enough to foster what you’re describing, does it then get stronger or weaker? Facebook became a cesspool of misinformation, and software designed to misalign people for confrontation vs unity Twitter then was purchased and dismantled by the richest man on the planet. Why? Security. Take away the people’s ability to organize, decrease the likelihood of a social coup.
        • Still convinced that Elon buying Twitter was a long delayed aftershock of Arab spring. The powers that be liked that it happened in a convenient geopolitical sphere but very much did not like the potential for it to happen anywhere within their spheres of power.

  • I was banned in the last couple of days from two separate subs as soon as I posted a reply to a thread about this. I thought...maybe I'm hallucinating what I typed, re-read what I typed (thinking maybe I somehow referenced something like "Murder is good"???) and...no...in fact it was tamer than what I saw other's posting. I'm still not sure why I was banned as the ban statement was completely unclear, but it made me realize that it's just so easy for the Reddit Administration to step in, give mods a policy, expect its enforcement or the sub will be deleted. This website definitely has the capability to completely drive the narrative for anyone that frequents it just like any other and anyone that doesn't think so is just naive. Every single time I post, I'm thinking "Huh, wonder if I'll get banned from this sub??"

    • I got permanently banned from WorldNews because I quoted an NPR article which showed that the Israeli government got caught red-handed lying about killing Palestinian civilians. I wasn't even the one saying it. Reddit is a pile of shit these days. I'm just here until something better comes along, and habit.

      • r worldNews is a shithole. So is r news. You can argue in good faith and be sincere, but if a mod can twist it to fit their personal narrative, they will. Power is a mother fucker. lol Edit: two words.

        • People assume that all Reddit admins Moderators are just every day Joe’s and Jane’s volunteering their time. I assure you that state actors from multiple countries are running multiple subs on Reddit.

  • I was banned two days ago from posting an image of a screenshot of comments removed on a ART PIECE of Luigi. Shit has gone whack on this site in the last 5 years.

    • Interference with the power or profit operations of investor backed corporations or the government will not be tolerated. Inline with the preamble of our Constitution: We the Corporations of the United States, in order to form a perfect Corporatcrocy, maximize profit, and turn all citizens into revenue streams, and to secure our personal fortunes, do ordain and establish this Constitution of the United Corporations of America”

  • More like it's a legal liability to have your platform be the staging ground for organized violence. EDIT: Guys lol.. Liability is a real thing.

    • Allowing discussion of current events doesn’t make this a staging ground for violence

    • I mean r conservative is still around so that avenue of liability is rather open

      • Every single day that subreddit downplays, defends, and celebrates the violent Jan 6th insurrection. The fact they they can still exist as a subreddit proves this policy is not being enforced generally.

• Keep a look out for more inflammatory right vs left articles. Since this went down i've seen several highly upvoted posts on r/science pushing the "republican dumb" narrative. We have our differences, but right now the one thing we have in common is unifying us. Holding onto that is more important than dunking on your fellow working class brothers and sisters. We can squabble about the details after business is handled.

  • Ben Shapiro wasted absolutely ZERO time putting out a video associating 'tHe lEfT' with people who condoned or aggrandized Luigi's actions.

    • And his viewers turned on him immediately lol. Scrolling through those comments feels good
      • They tore him a new ass in some cases… it was great.

  • This is straight up a left wing cause. It’s persuasive, but it’s still left wing

    • The right to life, liberty and the pursuit of happiness is apolitical.

      • Do you know what left and right mean, or do you just disagree instinctively (as in, ignorantly)
        • Are you actually fucking retarded or do you just type like it?

    • What does it matter?

      • Because it is left wing ideology (due to it prioritizing equality over hierarchy), it can be linked to other efforts that do the same thing. These efforts (things like supporting universal healthcare, not murder) are popular, literally. And their appeal stems from their focus on the common person. That should be the left’s brand. If it’s thought of as neutral, then achieving equality becomes harder because it will not be accurately associated with the left. It will be seen as bipartisan. Which it is not, by definition with left wingers and right wingers.
        • Equality isn't achieved by the underclass fighting amongst themselves while the rich take everything. Not recognizing this is team politics, and playing directly into the hands of the actual enemy

• But all of Trump and MAGA's lies and BS that has run rampant in the last eight years are totally fine??? Millions dead from COVID. An entire election rigged by billionaires. But yeah, some guy's rant is WAY too far.

  • The referees are paid off or asleep at the wheel- this is true everywhere. We are about to embark on a gilded age of grift and propaganda in this country, enabled by poor or malicious moderation/law enforcement/rule making/ regulation
    • Coincidentally assassination and attempted assassinations seem to be getting a little less rare around here, can’t imagine why.

  • It threatens the "elites," and since they've always been fighting a class war, they are simply protecting each other like all allies do. Their real fear is the plebs realizing we're at war and starting to fight back. So they are attacking the information. Classic war tactics.

    • This guy knows stuff . He’s right . Bombs, genocide , war videos allowed . But some rich boy gets whacked . Wake up. They strip us of everything.
      • You can punch down all fucking day and they call it free speech You punch up and it’s [removed]

  • I've seen dude's tell people to k*** t********* here and reporting that stuff to reddit did nothing. I've seen guys advocate for mass violence here and go untouched after reporting. They straight up ignored CONSTANT calls for violence for years on t_d, and then after finally banning that went on to ignore further calls for violence on other far right subs.

    • Are you guys advocating for more censorship on Reddit? Go back to Bluesky and hug each other. A lack of censorship is not the problem with the internet.

      • Are you actually calling that advocating for censorship when it was pointed out in context with reddit actually removing shit like this manifesto to show that reddit is hypocritical in applying their rules on moderation? Bit of a sensitive trigger there, chief.
        • Your sentence follows no known rules of English grammar. I can’t tell wtf you’re trying to say.

  • I don't know they tried even harder to publicly suppress the Nashville school shooters, and multiple main subs "and that's a good thing" for years.... because .... reasons.

    • Most people don't support mass shootings of innocent people, which is why those manifestos get removed.

      • are you sure it's not because it was purposely covering up evidence that the motive was a hate crime?

  • Lmao Reddit has been a left-wing echochamber that bans any right-wing opinion on sight. What the fuck are you on about?

    • Riight so all the conservative and far right subs just don't exist....

      • The 10% of Reddit that you don’t like existing in their tiny corner doesn’t mean that Reddit is a right wing place. It literally just takes a working set of eyes to see that it is way more left wing than the voter base of basically every country on earth and far, far to the left of the US populace. To deny that is insanity.

• I'm old enough to remember reddit before the /u/violentacre ban when reddit was basically free of censorship

The Nasdaq100 Rebalancing - 4⭐️

Event Date: 13th/14th December 📆

The Nasdaq Rebalancing is a once a year event as stocks get added and stocks get chucked. Each stock that gets added will get a little rally due to massive buying pressure 🥳

¥~Present
The initial bump is between 3-5% usually from the announcement depending on the stock. Usually followed by 2-4% gains in the following days during the rebalancing. MSTR is in a unique position where it can go up 10-20% with any push during this bull rally.

¥~Future - Event

This will create a forced buying event when they are included in the Nasdaq100 as ETFs like that track the Nasdaq100 would need to rebalance their holdings to comply with their fund rules. this occurs in the weeks leading to the official re-balance date.

¥~Risks to thesis =

• Bearish market sentiment
• Other news overshadows

¥~Execution Time Horizon = Next week Execution Options Strategy = 1 MSTR weekly call

¥~Key Dates = Friday after hours + Monday Open

Checks = Previous Nasdaq Rebalance stocks 2023 initially went up on average 3% and 5% overall in a much more bearish environment.

¥~My pick

MSTR: I went for MSTR yesterday but sold out as the price is linked to bitcoin/PPI report at the moment. I have bought again as market was down yesterday due to PPI risk.

MSTR gets the extra boost due to the popularity 🌽 and MSTR is a 🌽 mine. Jim Cramer also questioned Trump on a 🌽 reserve and he responded favorably

Position below (not advice):

https://preview.redd.it/gb3bxbrefo6e1.jpg?width=1170&format=pjpg&auto=webp&s=80c972244892fa57fbb4ce08f8b062b0e5e4d8f1