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  1. johnarb

    Exchanges have 2 million BTC? (doubt it)

    Not in the US. I hope the US and European Union continue to restrict Bitcoin and cryptos --------
  2. johnarb

    Exchanges have 2 million BTC? (doubt it)

    More global adoption. More companies, more countries, more people using and owning bitcoins There's about 200 million people in the world that use and own bitcoins. Over time, that will grow into the billions and the price will follow
  3. johnarb

    Is the crypto winter over?

    Bitcoin does not care about Powell In case you did not get the memo, Bitcoin has completely ignored TradFi shitshow recently, in fact has helped fuel the rise in bitcoin price
  4. johnarb

    Is the crypto winter over?

  5. johnarb

    Is the crypto winter over?

    I've been away from Twitter for a few hours and was just catching up on stuff It seems things are going to hell on the global banking crises. This is good for Bitcoin. I probably should have stayed on my position Anyway, it's all good, withdrew the 10k profits and going back with a small...
  6. johnarb

    Is the crypto winter over?

    Almost midnight... closed the position. I am sitting on a nice gain on the crypto portfolio, and that is always for sitting long term This short term casino, is for short term. Had a nice gain from early in the week, and this is additional to end a good week This is only the start of the bull...
  7. johnarb

    Exchanges have 2 million BTC? (doubt it)

    I definitely think bitcoin will reach $1M without the banking system failure... There's a meme going around to the effect "The three scariest words might be Balaji was right" Which is more a play on irony, maybe bitcoin is over $1M or maybe bitcoin is only $700k, but the 3 words are referring...
  8. johnarb

    Exchanges have 2 million BTC? (doubt it)

    I also listened to the video and was only expecting the high level stuff. Basically, my understanding of why he's making the bet is to bring attention, to sound the alarms, that it's too late, the global banking system will have a major crisis As much as I want bitcoin to go to $1M, I don't...
  9. johnarb

    Is the crypto winter over?

    Even thoug there's a few hours left, I do not think bitcoin will hit $30k... Still it's been a good week, cashed out $20k profits a few days ago and still on a profitable position currently It's a bull market so I follow the lesson from Ed Lefevre... I sit I'll add to the position if bitcoin...
  10. johnarb

    Exchanges have 2 million BTC? (doubt it)

    Bitcoin is going to $!00M Buckle up, lads!!!
  11. johnarb

    Exchanges have 2 million BTC? (doubt it)

    Balaji's hyperinflation premise and the technical documents (links) to support it Here's the Twitter spaces recording (fireside chat) last night on the Balaji $1M per bitcoin in 90 days bet
  12. johnarb

    Exchanges have 2 million BTC? (doubt it)

    Yup, bitcoin trades 24/7/365 and exchanges are not under one jurisdiction. I think the interesting part to the Balaji bet is that he thinks the banking crisis will not get solved and get worse There is a precedent on what happens to the bitcoin price during a banking crisis i.e. Cyprus, but...
  13. johnarb

    Crypto Macro Trends for 2022

    Yes but also more traditional, probably stock options on Coinbase when it IPOed cashed out, also being general partner with Andreesen and co-founder and other entrepreneurship stuff https://iwealthyfox.com/balaji-srinivasan-net-worth/ I think this is spot on... Gradually, then suddenly...
  14. johnarb

    Crypto Macro Trends for 2022

    I'm very sorry, Noah, should have put an asterisk on the bad word. I was really excited last night, it was midnight local time But now it's morning time and I've come to my senses, and I agree with your take on it that it's more likely he's trying to start a hyperbitcoinization process by...
  15. johnarb

    Crypto Macro Trends for 2022

    Answering on this thread not to pollute schizo's with wild speculation Balaji is making 2 bets with 2 different people $1M each bet that bitcoin will be over $1M within 90 days Balaji is no McAfee (RIP, don't mean to talk ill of the dead). He's one of the greatest minds and analyst on Twitter...
  16. johnarb

    Is the crypto winter over?

    During the bull market (when the video was made) there was plenty of liquidity from the hype-altcoins. It's during the bear market that liquidity dries up, but definitely agree with him that if someone is shilling a low volume coin, stay away as far as you can Bitcoin is the reserve-currency of...
  17. johnarb

    Is the crypto winter over?

    It's a great question, there is no exit plan with Bitcoin, per se The thing I do is to cut the bare minimum holding, for example, this bear market cycle, when I finally accepted it was a bear market, I announced on my thread that I'll be hodling 15 btc and never sell I increased it to 18 btc...
  18. johnarb

    Is the crypto winter over?

    Don't sell yourself short, you've had great calls! However, last Sunday after the bailout announcement for the banks, us Bitcoiners on Crypto Twitter were already celebrating victory That's how big the fundamentals impact that was. We finally got the news that fiat currencies are going to do...
  19. johnarb

    Is the crypto winter over?

    I made 2 calls last week, $30K by Sunday night, of course it has not hit, but let's say that it does and I also said $100K by end of this year I also posted on my thread we're in a bull market Let's say 30k hits and 100k hits... How was it possible that your charts did not predict them?
  20. johnarb

    Is the crypto winter over?

    I'm not bullish enough. Balaji is betting that bitcoin will be worth over $1M in 90 days...
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