Hi
in 2025 Bitcoin will go to the moon (200K)
Don’t be late!
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Yeah baby, go for it. But wait… it did still not even get to 1 million so that one Satoshi would be one cent. Still missing about 900% for that. What are you youngsters doing, start buying it up goddammit!!
BTW: Can you eat tulips?
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I thought the rage those days was the $MELANIA and $TRUMP coins? (yeah not smelling of bubble)
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Where is the affiliate link?
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Tulip bulbs are a famine food, and they must be prepared correctly, that is the centers must be removed. Fortunately tulip petals are more edible. The petals can be eaten raw or cooked but loose much of their color when cooked. They can have many flavors: Bland, beans, peas, and cucumbers.
…
But seriously.
At first glance you might dismiss the post by a potentially young forum member. But you might want to give some thought to how this information can be used.
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apparently young folks heavily invest into bitcoin and are dedicated to that investment. Young folks do not yet have the same purchasing power, but they will. So if they consider btc (instead of gold) a part of portfolio, there will be demand.
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bitcoin is limited in supply, with most coins already in existence
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increased demand meets limited supply
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I don’t quite understand the logic of comparing Bitcoin with Gold. People who buy bitcoin were not buying Gold before that and vice versa. Bitcoin is at ATH but Gold is not far from ATH either.
Most people bought gold to protect themselves against inflation. If it worked or not is a different discussion. However they never did so to double their money in 1 year.
Most people who buy bitcoins want to become millionaires just because they bought bitcoins. And their expectation is to double their money in one to two years. At least that’s the story you hear in social media. I don’t know a single person who thinks BTC‘s role is to protect against inflation
I believe the comparison should be make with a stock purchase of a company. Because that might be more apt.
I understand it’s easier to sell a Gold story because Gold is also not a productive asset. But we need to remember Gold was never ever marketed like a world seventh wonder.
In the world we live in people pay 12 billion for Trump meme coin & 2 billion for Melania coin which literally says that it’s not an investment. So I think we shouldn’t really think people make investment decisions with any logic anyways. It’s all about momentum trading & story telling.
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Neither gold nor bitcoin have intrinsic value.
So it just matter what price people put on the good.
Then it doesnt matter what you (or I) personally believe, but a sufficiently large number of people dealing in the asset.
I am just saying the supply is limited, plus there is an increasing number of people holding and buying the asset…
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Yes. Difference here is they can print as many as they want.
Bitcoin is truly limited and cannot be expanded. This is unique and there is no other crypto with this characteristic. All others can be controlled and supply can be increased
But limited supply or not, people paid 12 billion for Trump coin. That explains this whole limited supply is not really a driving factor for price. People will buy whatever gives them a chance of making free money
It might be a part of story. But driving factor is momentum chasing
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That’s true.
But just because something is limited, doesn’t automatically make it useful. I hope we can agree.
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No they didnt. It just trades at that market cap.
Doesnt mean 12 billion went in
Just a trade at this valution was made
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Agree. I didnt say its useful.
But i am saying it has value.
I will stop commenting now or else @Dr.PI will block us 
Clearly our point of views are different on this topic.
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Good idea 
If the previous Bitcoin topic with 2500+ posts is not enough for you, sure, please go on with your discussion. Noone (definitely not me) is going to sanction you as long as it remains civilized .
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Ahh I did not realise it is a new thread
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Just to add that 200k isn’t the moon. It’s a paltry +100% with the caveat that it can also explode mid air and go back to something like -80%.
People used to be more ambitious. 2025 may be a bland* year.
*Kidding. With Trump’s and Musk’s antics, predicting market moves may be even wilder than usual.
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Thanks for the tulip eating info. Fortunately one cannot eat bitcoin.
IN THE 1630s a sailor was thrown in a Dutch jail for eating what he thought was an onion. That onion was in fact a tulip bulb. The cost of the sailor’s gluttony was equivalent to the cost of feeding an entire crew for twelve months.
Two points about bitcoin being of limited in supply:
- The derivatives existing today can create as many bitcoins as wanted. Every bitcoin account, every future trade, every ETF that does not hold bitcoin indeed raises the number of virtual bitcoins in circulation. You could say that the bitcoin existing on the original blockchain is comparable with M1, the cash money supply in USD. Every new debt creates more money while paying it back money is destroyed. Same with bitcoin today, and yes, it was not thought to be that way.
- While bitcoin “M1” is of limited supply, there are no limits to the number of Cryptos. Would not be the first time that the pioneer is not important any longer after some time. I think anybody can create a new crypto with a few clicks and some software.
That said, I still think bitcoin could go to a million… and then back to one. It is an interesting experiment, but not more.
There were many bubbles in history and nobody knows when they pop. But they all do eventually. Question is not about the supply of bitcoins but the supply of the “even dumber” that will buy them.
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When I see this I just want to sell all and stay in USD.
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By the time bitcoin hits a million probably half of the world’s energy is spent in bitcoin mining. Which is just another word for bookkeeping.
Such a joke, is like if our national bank would give all the created money to it’s bookkeepers instead of buying gold, bonds, currencies and stock.
The energy spent on mining is gone… forever.
If illegal transactions are taken away (which everybody says has already happened but I don’t believe it) there is nothing left. It was a funny experiment and nothing more.
I usually like bubbles, just lean back and watch, smiling. But the energy prices rising because of such a bullshit is not funny. The same people that vote to forbid heating systems buy bitcoin and therefor help to destroy the world.
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