Wow
I have to read about this.
I always thought banks collect money from different people and loan a large portion of it.
What you are saying is really astonishing for me. But good that I asked this
My life would never be the same again 
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I couldn’t believe it either. Saw it the first time 10 years ago and was so puzzled.
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Bitcoin… wife changing event.
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There was even an initiative in CH addressing this issue…
Now that’s a bull run.
I’m pretty sure that a “correction” will come at some point but with how things are progressing tI also wouldn’t be surprised if the correction is a crash from like 120k to 80k or something like that so for now I will just do what I’ve always done. Forget about it, enjoy the ride and keep hodling
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Impossible. I’m too weak…
I meant in the sense that I just chill and don’t think about the decisions. It’s kind of fun to open the app every couple of hours and see +1-2k. But because I know that it doesn’t change anything there’s no stress. In my mind a month ago we were at 60k. If it drops to that point or even below that, it’s always good to zoom out and get some perspective.
But obviously I’m not nearly as all in as you. With these bull runs trying to time the market would be tempting for me but if you are 96% in or something like that, there isn’t much to think about. 1 BTC = 1 BTC
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When Bitcoin falls from $980,000 to $650,000, no coiners will say “I told you so, I KNEW it was going to crash!!”
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i admire your conviction!
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Yeah the crypto market will for sure surpass the American stock market in market cap lol.
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Who knows?
Empires have come and gone. Maybe a matter of time…
The doubts I have about all these “Bitcoin will cost 100000…” narratives is that it is a very crowded trade. Millions of people are waiting for it. It’s kind of a too obvious high risk bet. 1000x is happening in a real small shit like SHIB used to be, like PEPE and many other MYDOGESHIT that we don’t know yet. They surge, obviously, when there is an OVERWHELMING demand on something that is barely traded. Where all this demand will come for Bitcoin? From institutions? Well, keep dreaming.
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After 7 months of sideway you mean ?
20% correction in a bullrun is normal.
Apparently some people dont have btc yet. So there is still potential 
It’s because I sold MSTR a few weeks ago. MSTR is up 80% since I sold in early October. 
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My convictions and doubts are intrinsic and have nothing to do with market movements 
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I’ve always been skeptical about Bitcoin and didn’t start buying it until very late, in 2021. I absolutely wanted a buying platform in Switzerland, which is why I came late to this market (I have absolutely no confidence in Binance, Bity, Kraken, and other platforms whose headquarters are unknown or in blacklisted countries; this doesn’t mean that the platform I use is better, but at least the team is in Switzerland).
I then tested my risk appetite by buying my first cryptos (BTC, ETH) and how I behaved with major rises and falls. I don’t put in much every month, but this little monthly nest egg is starting to grow and represent 5% of my net worth, which I consider reasonable.
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Well let’s be honest. Bitcoin is not used for anything substantial. So it’s only use case is one of the following -:
„I want to buy BTC because it would go to MOON“
„I want to buy BTC because I believe that it would maintain its purchasing power over time as it is a store of value „
I think there are some people who believe in second narrative. And I respect them even though I might not agree for sure.
The first narrative is potentially dangerous because it just creates a FOMO and draws newbies without any real belief or understanding. This narrative can only hold if BTC is used for something that is valuable. For example make payments , transfer money etc. JPM payments process 10 trillion USD in payments everyday. In comparison, how much money is moved using BTC infrastructure?
In addition , these two narratives cannot be true at the same time. It something is store of value , then it cannot grow 10X or 100X in matter of few years. By definition store of value should maintain its buying power.
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