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Started By
Message
re: BTC has reclaimed 100K!
Posted on 5/9/25 at 8:30 am to SlidellCajun
Posted on 5/9/25 at 8:30 am to SlidellCajun
Forbes Article on countries exploring BTC Strategic Reserves
This is the secret no one is talking about but Stablecoins will be what backs our dollar in the near future. Stable-coins are buying bonds.
This is from a NY Times article in April.
NY Times
This is the secret no one is talking about but Stablecoins will be what backs our dollar in the near future. Stable-coins are buying bonds.
quote:
Blockchain-based stablecoins are now the seventh largest buyer of US government debt, exceeding Germany, Australia and other big countries. And they’re growing quickly — surpassing $200 billion in size this year and nearly $250 billion today.
Because stablecoins are fully backed 1:1 by dollar reserves, typically US government debt, they are a persistent and growing buyer of new treasury issuances. Increasingly, government leaders see their potential. In a June 2024 opinion piece in The Wall Street Journal, former Speaker of the House Paul Ryan said, “Dollar-backed stablecoins are becoming an important net purchaser of US government debt.”
This is from a NY Times article in April.
NY Times
2
Posted on 5/9/25 at 9:49 am to The Egg
i shoulda thrown more in when it hit the double bottom just below 18. 
now it is rising once again fast.
now it is rising once again fast.
Posted on 5/9/25 at 9:57 am to 03 West CoChamps
And those stablecoins will not be on the bitcoin network.
Posted on 5/9/25 at 3:18 pm to 03 West CoChamps
That’s a ny post article- not NY times.
And when it comes to purchasing US debt, it won’t matter to owners of Bitcoin since it won’t create any increase in demand for Bitcoin.
And when it comes to purchasing US debt, it won’t matter to owners of Bitcoin since it won’t create any increase in demand for Bitcoin.
Posted on 5/9/25 at 4:44 pm to The Egg
Posted on 5/9/25 at 5:10 pm to Fat Bastard
quote:
i shoulda thrown more in when it hit the double bottom just below 18. now it is rising once again fast.
Don’t get me wrong, I’m not made at the ~$21-$22 range but I’ve got a buy at $18.50 in until I cancel.
If it doesn’t hit before the end of the month, I’ll buy at market before next dividend period and it’ll bring me up to about 2000 shares
Posted on 5/9/25 at 10:03 pm to SlidellCajun
Slidell Cajun:
I am definitely a BTC maxi.
2 Years ago I shifted my 401k monthly input above what I needed for my match to purchase BTC. I buy about 3K / month. I'll be done in Fall of this year.
I own about 500 shares of MSTR. I swing trade 300 shares throughout the week; sell covered calls on the other 200, strikes are 25% OOM, 30ish days to expiration. (all in my Roth IRA act....no taxes on gains). Guess what I do with the profits? LOL I buy more MSTR.
I own a couple hundred shares of FBTC and have a few LEAP call options as well.
I am probably over leveraged (25%) in many people's minds relative to my whole investment account in BTC and BTC proxies. But it is my belief that this is the future. It is the perfect asset that the world has clamored for, forever.
Michael Saylor has said that everyone will pay the price they deserve to pay for BTC / MSTR. It's just a matter of when you have done enough research and decide to jump. I waited too long before I got in. I believe BTC could be over 250K by EOY, and MSTR near 2k.
I have said it before, BTC at 16K in Nov '22 was way riskier than 125K in June of 2025. The world has buy in now.
MSTR having STRK, STRF are money in the bank, better than any guaranteed returns than you will find ANYWHERE.
I am definitely a BTC maxi.
2 Years ago I shifted my 401k monthly input above what I needed for my match to purchase BTC. I buy about 3K / month. I'll be done in Fall of this year.
I own about 500 shares of MSTR. I swing trade 300 shares throughout the week; sell covered calls on the other 200, strikes are 25% OOM, 30ish days to expiration. (all in my Roth IRA act....no taxes on gains). Guess what I do with the profits? LOL I buy more MSTR.
I own a couple hundred shares of FBTC and have a few LEAP call options as well.
I am probably over leveraged (25%) in many people's minds relative to my whole investment account in BTC and BTC proxies. But it is my belief that this is the future. It is the perfect asset that the world has clamored for, forever.
Michael Saylor has said that everyone will pay the price they deserve to pay for BTC / MSTR. It's just a matter of when you have done enough research and decide to jump. I waited too long before I got in. I believe BTC could be over 250K by EOY, and MSTR near 2k.
I have said it before, BTC at 16K in Nov '22 was way riskier than 125K in June of 2025. The world has buy in now.
MSTR having STRK, STRF are money in the bank, better than any guaranteed returns than you will find ANYWHERE.
This post was edited on 5/10/25 at 10:06 am
Posted on 5/10/25 at 5:48 am to The Egg
I own BTC & GBTC. FEELS GOOD
Posted on 5/10/25 at 2:15 pm to oneg8rh8r
quote:This is a good statement
I have said it before, BTC at 16K in Nov '22 was way riskier than 125K in June of 2025
Posted on 5/10/25 at 4:56 pm to TigerTatorTots
no way lmao
16k was the easiest money you’ll make in your life and anyone who knew shite about shite knew that
I thought 20-25k was going to be the absolute floor and wish I had more capital at 16k to toss at it
16k was the easiest money you’ll make in your life and anyone who knew shite about shite knew that
I thought 20-25k was going to be the absolute floor and wish I had more capital at 16k to toss at it
Posted on 5/10/25 at 7:08 pm to Hateradedrink
Regardless of which point in time people think Bitcoin was the riskiest, I still don't understand why a lot of investors don't seem to realize that Bitcoin is a new widely accepted and ever expanding asset class destined to keep rising significantly.
For those who have patience and understand it is volatile and will be a rollercoaster ride, it's a no brainer to have a decent to heavy position in Bitcoin and related Bitcoin investments in my opinion.
It's more risky in my opinion to not be invested in Bitcoin. I thought it was very speculative in 2016 when it was between $375 and $975, and far from widespread acceptance. It's much less risky now to me as it has exponentially gained acceptance. There's no stopping it, but a lot of people are blind to this incredible opportunity. They give up after a few months of poor or sideways performance not paying attention to historical price action and that is just normal.
For those who have patience and understand it is volatile and will be a rollercoaster ride, it's a no brainer to have a decent to heavy position in Bitcoin and related Bitcoin investments in my opinion.
It's more risky in my opinion to not be invested in Bitcoin. I thought it was very speculative in 2016 when it was between $375 and $975, and far from widespread acceptance. It's much less risky now to me as it has exponentially gained acceptance. There's no stopping it, but a lot of people are blind to this incredible opportunity. They give up after a few months of poor or sideways performance not paying attention to historical price action and that is just normal.
Posted on 5/10/25 at 7:32 pm to 98eagle
quote:
destined to keep rising significantly.
quote:
it's a no brainer to have a decent to heavy position in Bitcoin
quote:
more risky in my opinion to not be invested in Bitcoin
quote:
There's no stopping it
quote:
but a lot of people are blind to this incredible opportunity
This is one of the saddest MLM posts I have read on here in a while. I had stayed away from this thread, but this post should show many you are at the top.
You wonder why nobody takes crypto Bros seriously.
Posted on 5/10/25 at 7:48 pm to rowbear1922
quote:
If it doesn’t hit before the end of the month, I’ll buy at market before next dividend period and it’ll bring me up to about 2000 shares
yeah just remember the ex-div date on this thing is at the end of the month. it pays a few days into next month. most have ex-div dates way before that and pay date at end of month. BITO is a strange animal but i like it.
Posted on 5/10/25 at 8:08 pm to oneg8rh8r
quote:
I waited too long before I got in. I believe BTC could be over 250K by EOY, and MSTR near 2k.
But how can you believe that?
What is the metric you value you against?
Posted on 5/10/25 at 8:46 pm to SlidellCajun
quote:
But how can you believe that?
What is the metric you value you against?
He believes it is a possibility. There's nothing wrong with that. A 2.5X gain in Bitcoin doesn't seem that far fetched as a possibility. All that it might take is world wide government FOMO to create Strategic Bitcoin Reserves at the nation, state and municipal levels and that's already started for those who are paying attention. This is only one of several catalysts that could send Bitcoin past those levels.
Posted on 5/10/25 at 8:58 pm to 98eagle
quote:
All that it might take is world wide government FOMO to create Strategic Bitcoin Reserves at the nation, state and municipal levels and that's already started for those who are paying attention. This is only one of several catalysts that could send Bitcoin past those levels
If a government holds bitcoin, it doesn’t create any more demand for it though unless they’re buying it which I hope is not the case.
Thus, if they just hold it after acquiring it from seizures or some other means, it doesn’t create demand.
Posted on 5/10/25 at 10:22 pm to SlidellCajun
By definition, "holding it" would decrease supply.
Posted on 5/10/25 at 10:54 pm to Buck_Rogers
They are not just going to hold it. Take Arizona for example. One of the things they are going to do is redirect unclaimed-property profits toward purchasing Bitcoin and other digital assets.
Arizona Becomes Second State to Establish Strategic Bitcoin Reserve
Arizona Becomes Second State to Establish Strategic Bitcoin Reserve
Posted on 5/11/25 at 12:17 am to SlidellCajun
I don't know if you are a big fan of BTC or not? If you are, you probably have seen countless videos like the rest of us, about worldwide adoption, that is happening each and every day and it is only getting faster, stronger and for the first time in history, you are dealing with a something that is truly finite.
It's not like tulips, cotton, etc. that can be grown. Not gold, or another element that is constantly mined. There will only ever be 21M. Depending on who you talk to, 2 - 6 million are lost (holders forgot how to access what they had or died along with the codes).
That means that there is more than likely about 17 M left. Those in the know aren't selling, and since this last halving, only about 900 are mined per day, while there are about 12K / day purchased, and that is only by the US ETF;s alone. This doesn't include the rest of the country which has companies like MSTR, etc., state retirement funds, and individuals like me. More importantly, his doesn't include a single purchase outside the US, which actually has faster and stronger adoption than we do.
There are people that sell, thinking they are making a quick buck. And they might, but when it goes parabolic, and it will, I wouldn't want to be the one that sold at 128K and the next day it is 230K.
It's not like tulips, cotton, etc. that can be grown. Not gold, or another element that is constantly mined. There will only ever be 21M. Depending on who you talk to, 2 - 6 million are lost (holders forgot how to access what they had or died along with the codes).
That means that there is more than likely about 17 M left. Those in the know aren't selling, and since this last halving, only about 900 are mined per day, while there are about 12K / day purchased, and that is only by the US ETF;s alone. This doesn't include the rest of the country which has companies like MSTR, etc., state retirement funds, and individuals like me. More importantly, his doesn't include a single purchase outside the US, which actually has faster and stronger adoption than we do.
There are people that sell, thinking they are making a quick buck. And they might, but when it goes parabolic, and it will, I wouldn't want to be the one that sold at 128K and the next day it is 230K.
Posted on 5/11/25 at 1:05 am to oneg8rh8r
quote:
oneg8rh8r
It's good to see more folks who understand. It's simple supply and demand. Increasing demand will swamp supply, increasing price. High escalation of demand can cause a supply squeeze and subsequent parabolic gains. Its likely that will happen sometime this year, just reading numerous Bitcoin and crypto articles from many crypto news sources on the CoinMarketCap app.
Whales that manipulate prices can only do that temporarily and their impact will only lessen in the years and decades ahead. Dips and bigger pullbacks are met with more and more buyers. Supply on the exchanges keeps getting smaller over time. Looking forward long term, the amplitude of pullbacks should lessen and the recovery times should lessen on average. For volatility trades, I predict more frequent opportunities but with less gains because I suspect there will be more frequent but lower amplitude price swings on average.
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