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🚨 HERE'S WHY BITCOIN IS DUMPING RIGHT NOW Bitcoin no longer trades like a supply-and-demand asset. What you're seeing right now is NOT normal. It's not "weak hands." It's not sentiment. And it's definitely not retail selling. If you hold crypto today, you MUST read this: This decline didn't...

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0xNobler

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🚨 HERE'S WHY BITCOIN IS NONSTOP DUMPING RIGHT NOW If you still think $BTC trades like a supply-and-demand asset, you MUST read this carefully. Because that market no longer exists. What you're witnessing right now is not normal price action. It's not "weak hands." It's not sentiment. And it's definitely not retail selling. Most people have no idea what's actually happening. And by the time it becomes obvious, the damage is already done. This collapse didn't begin today. It's been developing quietly beneath the surface for months. And now it's gaining traction. Here's the reality: The moment supply can be synthetically created, scarcity disappears. And when scarcity disappears, price stops being discovered on-chain and starts being dictated by derivatives. That is exactly what happened to Bitcoin. And it's the same structural shift that already happened to: → Gold → Silver → Oil → Equities The original Bitcoin thesis is broken. Bitcoin's valuation was built on two foundations: → A hard cap of 21 million coins → No rehypothecation That framework ended the moment Wall Street layered this on top of the chain: → Cash-settled futures → Perpetual swaps → Options → ETFs → Prime broker lending → Wrapped BTC → Total return swaps From that point, Bitcoin supply became theoretically INFINITE. Not on-chain. But in price discovery, which is what actually matters. Synthetic Float Ratio (SFR). The metric that explains everything. Once synthetic supply overwhelms real supply, price no longer reacts to demand. It reacts to positioning, hedging, and liquidation flows. Wall Street can now trade against Bitcoin. They're not guessing direction. They're doing what they do in every derivatives-dominated market: 1⃣ Create unlimited paper BTC 2⃣ Short into rallies 3⃣ Trigger liquidations 4⃣ Cover lower 5⃣ Repeat This isn't "speculation." It's inventory creation. They've effectively turned Bitcoin into a market where supply can be created on demand. And they literally print their own Bitcoin out of thin air. One real BTC can now simultaneously support: → An ETF share → A futures contract → A perpetual swap → An options delta → A broker loan → A structured note All at THE SAME TIME. That's six claims on one coin. That is not a free market. That is a fractional-reserve pricing system wearing a Bitcoin mask. Ignore it if you want, but don't pretend you weren't warned. I've been calling Bitcoin tops and bottoms for over a decade now, and I'll do it again in 2026. Follow and turn on notifications before it's too late. You don't want to miss my next call.
0:24

🚨 HERE'S WHY BITCOIN IS NONSTOP DUMPING RIGHT NOW If you still think $BTC trades like a supply-and-demand asset, you MUST read this carefully. Because that market no longer exists. What you're witnessing right now is not normal price action. It's not "weak hands." It's not sentiment. And it's definitely not retail selling. Most people have no idea what's actually happening. And by the time it becomes obvious, the damage is already done. This collapse didn't begin today. It's been developing quietly beneath the surface for months. And now it's gaining traction. Here's the reality: The moment supply can be synthetically created, scarcity disappears. And when scarcity disappears, price stops being discovered on-chain and starts being dictated by derivatives. That is exactly what happened to Bitcoin. And it's the same structural shift that already happened to: → Gold → Silver → Oil → Equities The original Bitcoin thesis is broken. Bitcoin's valuation was built on two foundations: → A hard cap of 21 million coins → No rehypothecation That framework ended the moment Wall Street layered this on top of the chain: → Cash-settled futures → Perpetual swaps → Options → ETFs → Prime broker lending → Wrapped BTC → Total return swaps From that point, Bitcoin supply became theoretically INFINITE. Not on-chain. But in price discovery, which is what actually matters. Synthetic Float Ratio (SFR). The metric that explains everything. Once synthetic supply overwhelms real supply, price no longer reacts to demand. It reacts to positioning, hedging, and liquidation flows. Wall Street can now trade against Bitcoin. They're not guessing direction. They're doing what they do in every derivatives-dominated market: 1⃣ Create unlimited paper BTC 2⃣ Short into rallies 3⃣ Trigger liquidations 4⃣ Cover lower 5⃣ Repeat This isn't "speculation." It's inventory creation. They've effectively turned Bitcoin into a market where supply can be created on demand. And they literally print their own Bitcoin out of thin air. One real BTC can now simultaneously support: → An ETF share → A futures contract → A perpetual swap → An options delta → A broker loan → A structured note All at THE SAME TIME. That's six claims on one coin. That is not a free market. That is a fractional-reserve pricing system wearing a Bitcoin mask. Ignore it if you want, but don't pretend you weren't warned. I've been calling Bitcoin tops and bottoms for over a decade now, and I'll do it again in 2026. Follow and turn on notifications before it's too late. You don't want to miss my next call.

0xNobler

135,386 Aufrufe • vor 1 Monat

🚨 I WARNED YOU BITCOIN WOULD DUMP TO $65K IN JUNE Remember when everyone blamed Jane Street for every Bitcoin dump? I told you the manipulation wouldn’t stop, and $BTC would dump again. But most people ignored it. The bear market is only 60% complete. And everything is going according to plan. The biggest mistake people make is believing manipulation requires a manipulator. It doesn't. The most powerful forms of control are built directly into market structure. And that's exactly what's happening right now. Bitcoin demand is exploding globally. Institutions are accumulating. Governments are watching. Supply on exchanges keeps shrinking. Yet price continues to behave as if none of it matters. Why? Because the demand isn't reaching the market where price is actually discovered. It's being absorbed. Redirected. Neutralized. The same infinite-supply mechanism that existed before is still operating today. The original Bitcoin thesis is broken. Bitcoin’s valuation was built on two ideas: → A hard cap of 21 million → No rehypothecation That framework died the moment Wall Street layered this on top of the chain: → Cash-settled futures → Perpetual swaps → Options → ETFs → Prime broker lending → Wrapped BTC → Total return swaps From that point forward Bitcoin supply became theoretically INFINITE. Only now, most people have stopped looking. That's what makes it dangerous. Every cycle has a point where reality and price become disconnected. Every cycle has a moment when the suppression mechanism reaches its limit. By the time mainstream media starts explaining what happened, it’ll already be over. The people waiting for confirmation become exit liquidity. The people paying attention beforehand change their lives. Everything appears normal. Until suddenly it isn't. That's why I never cared about Jane Street. I care about the structure. Because structure doesn't fail loudly. It fails silently. Then all at once. The next phase of Bitcoin won't be driven by hype. It will be driven by the collapse of assumptions people currently believe are permanent. And when that happens, most won't understand what they're seeing. Pay attention. Quick reminder: I’ve called all the major market tops and bottoms for the last 10 years, including the Bitcoin bottom at $17,000 and the top at $126,000. I’ll share my next call publicly here, like I always do. Follow and turn notifications on. Don't become exit liquidity once again.
0:37

🚨 I WARNED YOU BITCOIN WOULD DUMP TO $65K IN JUNE Remember when everyone blamed Jane Street for every Bitcoin dump? I told you the manipulation wouldn’t stop, and $BTC would dump again. But most people ignored it. The bear market is only 60% complete. And everything is going according to plan. The biggest mistake people make is believing manipulation requires a manipulator. It doesn't. The most powerful forms of control are built directly into market structure. And that's exactly what's happening right now. Bitcoin demand is exploding globally. Institutions are accumulating. Governments are watching. Supply on exchanges keeps shrinking. Yet price continues to behave as if none of it matters. Why? Because the demand isn't reaching the market where price is actually discovered. It's being absorbed. Redirected. Neutralized. The same infinite-supply mechanism that existed before is still operating today. The original Bitcoin thesis is broken. Bitcoin’s valuation was built on two ideas: → A hard cap of 21 million → No rehypothecation That framework died the moment Wall Street layered this on top of the chain: → Cash-settled futures → Perpetual swaps → Options → ETFs → Prime broker lending → Wrapped BTC → Total return swaps From that point forward Bitcoin supply became theoretically INFINITE. Only now, most people have stopped looking. That's what makes it dangerous. Every cycle has a point where reality and price become disconnected. Every cycle has a moment when the suppression mechanism reaches its limit. By the time mainstream media starts explaining what happened, it’ll already be over. The people waiting for confirmation become exit liquidity. The people paying attention beforehand change their lives. Everything appears normal. Until suddenly it isn't. That's why I never cared about Jane Street. I care about the structure. Because structure doesn't fail loudly. It fails silently. Then all at once. The next phase of Bitcoin won't be driven by hype. It will be driven by the collapse of assumptions people currently believe are permanent. And when that happens, most won't understand what they're seeing. Pay attention. Quick reminder: I’ve called all the major market tops and bottoms for the last 10 years, including the Bitcoin bottom at $17,000 and the top at $126,000. I’ll share my next call publicly here, like I always do. Follow and turn notifications on. Don't become exit liquidity once again.

0xNobler

43,284 Aufrufe • vor 2 Monaten

CHARLES SCHWAB DIRECTOR OF EQUITY RESEARCH ON WHY BITCOIN IS LAGGING RIGHT NOW: "Bitcoin is a hedge against uncertainty. And I think the market right now is very certain about one thing: AI will absorb the next decade of capital, earnings growth, power demand, semiconductor demand, everything. And so the attention is shifting there." That is the whole explanation in two sentences. Bitcoin thrives when the future is unclear. Right now the market thinks it knows exactly what the next decade looks like. AI wins. Everything else waits. The moment that certainty cracks, Bitcoin is the first place uncertain capital runs. Uncertainty is not gone. It is just temporarily overshadowed.
0:20

CHARLES SCHWAB DIRECTOR OF EQUITY RESEARCH ON WHY BITCOIN IS LAGGING RIGHT NOW: "Bitcoin is a hedge against uncertainty. And I think the market right now is very certain about one thing: AI will absorb the next decade of capital, earnings growth, power demand, semiconductor demand, everything. And so the attention is shifting there." That is the whole explanation in two sentences. Bitcoin thrives when the future is unclear. Right now the market thinks it knows exactly what the next decade looks like. AI wins. Everything else waits. The moment that certainty cracks, Bitcoin is the first place uncertain capital runs. Uncertainty is not gone. It is just temporarily overshadowed.

WOLF Bitcoin

71,242 Aufrufe • vor 1 Monat

“I'm not a huge hater of the institutions. I wasn't a huge hater of altcoins. These institutional products are just kind of altcoins. People can go make their money. Go do your thing. But it's not Bitcoin. An ETF is not Bitcoin. With these centralized projects, you're not getting the core values of Bitcoin, the control, the censorship resistance, the privacy. You're putting it in a centralized wrapper, and if you put Bitcoin in a centralized wrapper, you lose everything that's good about it. It's not Bitcoin. It's just an affinity marketing thing. It's “Hey, you like Bitcoin, go buy my other project." Just like, "Hey you like bitcoin? Go buy my altcoin." It's not the same thing, and I think in many ways it's a step backwards. I don't hate these people, but they certainly shouldn't be celebrated. It's not forwarding our industry if we do treasury strategies, if we do ETFs, we cheer for BlackRock and Cantor. That's a step backwards. It's not something to be cheerful for. It's not a victory, in my opinion. A victory is having more people have direct ownership of real Bitcoin. We now have millions of people who've been onboarded into this fake paper thing that's a claim on a claim on a claim of something that has Bitcoin in the words, but it's not actually Bitcoin. They are never actually holding a wallet like many of us did back in 2012 where somebody sent us that first dollar and you say, "Wow, this is cool. I didn't need to give my ID and I'm able to control and hold this sound money for the first time." You now have a whole generation of millions of people that don't have that. They have some junk fiat product sitting like sludge on their centralized brokerage account at the centralized clearing firm, traded on a centralized exchange, with a centralized transfer agent, and a centralized custodian, and they have to trust six levels of people on a claim for something that has the word ‘Bitcoin’ in it. It's not a victory. It's not a step forward. I don't think it's something that should be celebrated at all.”
2:00

“I'm not a huge hater of the institutions. I wasn't a huge hater of altcoins. These institutional products are just kind of altcoins. People can go make their money. Go do your thing. But it's not Bitcoin. An ETF is not Bitcoin. With these centralized projects, you're not getting the core values of Bitcoin, the control, the censorship resistance, the privacy. You're putting it in a centralized wrapper, and if you put Bitcoin in a centralized wrapper, you lose everything that's good about it. It's not Bitcoin. It's just an affinity marketing thing. It's “Hey, you like Bitcoin, go buy my other project." Just like, "Hey you like bitcoin? Go buy my altcoin." It's not the same thing, and I think in many ways it's a step backwards. I don't hate these people, but they certainly shouldn't be celebrated. It's not forwarding our industry if we do treasury strategies, if we do ETFs, we cheer for BlackRock and Cantor. That's a step backwards. It's not something to be cheerful for. It's not a victory, in my opinion. A victory is having more people have direct ownership of real Bitcoin. We now have millions of people who've been onboarded into this fake paper thing that's a claim on a claim on a claim of something that has Bitcoin in the words, but it's not actually Bitcoin. They are never actually holding a wallet like many of us did back in 2012 where somebody sent us that first dollar and you say, "Wow, this is cool. I didn't need to give my ID and I'm able to control and hold this sound money for the first time." You now have a whole generation of millions of people that don't have that. They have some junk fiat product sitting like sludge on their centralized brokerage account at the centralized clearing firm, traded on a centralized exchange, with a centralized transfer agent, and a centralized custodian, and they have to trust six levels of people on a claim for something that has the word ‘Bitcoin’ in it. It's not a victory. It's not a step forward. I don't think it's something that should be celebrated at all.”

Bruce Fenton

23,862 Aufrufe • vor 7 Monaten

CJ KONSTANTINOS: "Nothing stops this train. Not even the smartest, best, most rich entrepreneur in the world with political support can stop the train." "If you're not on the Bitcoin train when it comes, you are going to miss one of the biggest moves that we're going to see in Bitcoin." "I think diminishing returns is going to be put to rest. And we are going to see a full-on panic into hard assets that supply cannot be expanded that easily, specifically real estate. And of course, Bitcoin with finite supply, you can't increase the supply at all. And the only way to get the existing supply back onto the market is a higher price." "That dynamic is going to create massive returns for those who are patient in Bitcoin."
6:42

CJ KONSTANTINOS: "Nothing stops this train. Not even the smartest, best, most rich entrepreneur in the world with political support can stop the train." "If you're not on the Bitcoin train when it comes, you are going to miss one of the biggest moves that we're going to see in Bitcoin." "I think diminishing returns is going to be put to rest. And we are going to see a full-on panic into hard assets that supply cannot be expanded that easily, specifically real estate. And of course, Bitcoin with finite supply, you can't increase the supply at all. And the only way to get the existing supply back onto the market is a higher price." "That dynamic is going to create massive returns for those who are patient in Bitcoin."

Simply Bitcoin

18,854 Aufrufe • vor 26 Tagen

.Tyler Winklevoss and Cameron Winklevoss explaining their gold 2.0 thesis in 2017 when bitcoin was $17k "Whatever your reasons for investing in gold, whether is scarcity, durability, portability, fungibility. We think that bitcoin matches or beats gold across the board on all of those categories" "It's actually not scarce, it's fixed. You can send it around like an email. It's a lot harder to do that with a bar of gold" "The marketcap of bitcoin right now is $300 billion. The market cap of gold is $6 trillion." "We've been saying this since the market cap of bitcoin was $1 billion. We're 300x more correct today and we think theres a chance we'll be 20x more correct from here on out"
0:45

.Tyler Winklevoss and Cameron Winklevoss explaining their gold 2.0 thesis in 2017 when bitcoin was $17k "Whatever your reasons for investing in gold, whether is scarcity, durability, portability, fungibility. We think that bitcoin matches or beats gold across the board on all of those categories" "It's actually not scarce, it's fixed. You can send it around like an email. It's a lot harder to do that with a bar of gold" "The marketcap of bitcoin right now is $300 billion. The market cap of gold is $6 trillion." "We've been saying this since the market cap of bitcoin was $1 billion. We're 300x more correct today and we think theres a chance we'll be 20x more correct from here on out"

Jeremy

24,493 Aufrufe • vor 1 Monat

"Bitcoin is oversold. It's been artificially lumped in with software stocks for no good reason." Lyn Alden (Lyn Alden) on why the crash hit Bitcoin harder than it should have: "The washout from the Treasury company mNAVs was painful. The quantum FUD had to be explored. The four-year cycle had to be tested. But I think the majority of the pain is behind us." "Gold went from undervalued to fairly valued fast, the market rightsized it. It's not a bubble, but it's somewhat euphoric right now." "Sentiment on Bitcoin is unfairly negative, to say the least." "Gun to my head, if I had to bet Bitcoin or gold over the next two to three years, I'd bet Bitcoin. I own both. I've always owned both. But if I had to pick, it's Bitcoin." Translation: the crash lumped Bitcoin in with the AI software selloff it has nothing to do with. Gold ran its move and is now near fair value. Bitcoin got sold on sentiment, not fundamentals, which is exactly the setup that reverses when risk appetite returns.
5:56

"Bitcoin is oversold. It's been artificially lumped in with software stocks for no good reason." Lyn Alden (Lyn Alden) on why the crash hit Bitcoin harder than it should have: "The washout from the Treasury company mNAVs was painful. The quantum FUD had to be explored. The four-year cycle had to be tested. But I think the majority of the pain is behind us." "Gold went from undervalued to fairly valued fast, the market rightsized it. It's not a bubble, but it's somewhat euphoric right now." "Sentiment on Bitcoin is unfairly negative, to say the least." "Gun to my head, if I had to bet Bitcoin or gold over the next two to three years, I'd bet Bitcoin. I own both. I've always owned both. But if I had to pick, it's Bitcoin." Translation: the crash lumped Bitcoin in with the AI software selloff it has nothing to do with. Gold ran its move and is now near fair value. Bitcoin got sold on sentiment, not fundamentals, which is exactly the setup that reverses when risk appetite returns.

Michaël van de Poppe

127,530 Aufrufe • vor 1 Monat

So, does it matter that Bitcoin seems to be moving away from its cypherpunk roots? Bitcoin ETFs and Bitcoin Treasuries have taken BTC mainstream. So I asked Saifedean Ammous this very question. His answer might surprise you... 👀👇 "If you have very strong feelings about how people should and shouldn't use Bitcoin, you're in for a rough time." "To be honest, a lot of people project too much onto Bitcoin. Ultimately, it's just a bunch of software and anybody can use it in any way they want. Initially, it's a small subset of people that use it and then they start projecting their values onto it. And then over time, they expect it to continue to abide by that," Ammous said. "If it's a successful technology, it's going to be used by everybody. It's going to be used by small businesses, large businesses, governments, individuals. It's money. Everybody uses money. There are 8.5 billion people on Earth, they all use money and they're all going to continue to use money. And Bitcoin is just the best money." Ultimately, the protocol itself is immune to the financial instruments that TradFi has concocted. If people want to lend against their BTC or create complex financial products, that does not actually impact the underlying network. "The way that the protocol works is that it's completely blind to what you're doing with your coins on the Bitcoin blockchain there is no paper Bitcoin there's no such thing as paper Bitcoin there's only 21 million Bitcoin and every node makes sure of that every 10 minutes and then if somebody who has some of these Bitcoin on their private key decides to sell obligations or financial liabilities referring to that Bitcoin under any condition, that's their choice. It's outside of Bitcoin and it's outside of the realm of other Bitcoin users being able to say this is right or wrong and this should happen or shouldn't happen. People are going to do whatever they want with the Bitcoin, including selling access to it or exposure to it in all kinds of different ways. And if you don't like it, you don't buy it, you can stack your own Bitcoin." You can find the full interview for Cointelegraph in the 🧵. If you enjoyed this content, please like 🧡, retweet 🔁 and follow me 👋!
1:57

So, does it matter that Bitcoin seems to be moving away from its cypherpunk roots? Bitcoin ETFs and Bitcoin Treasuries have taken BTC mainstream. So I asked Saifedean Ammous this very question. His answer might surprise you... 👀👇 "If you have very strong feelings about how people should and shouldn't use Bitcoin, you're in for a rough time." "To be honest, a lot of people project too much onto Bitcoin. Ultimately, it's just a bunch of software and anybody can use it in any way they want. Initially, it's a small subset of people that use it and then they start projecting their values onto it. And then over time, they expect it to continue to abide by that," Ammous said. "If it's a successful technology, it's going to be used by everybody. It's going to be used by small businesses, large businesses, governments, individuals. It's money. Everybody uses money. There are 8.5 billion people on Earth, they all use money and they're all going to continue to use money. And Bitcoin is just the best money." Ultimately, the protocol itself is immune to the financial instruments that TradFi has concocted. If people want to lend against their BTC or create complex financial products, that does not actually impact the underlying network. "The way that the protocol works is that it's completely blind to what you're doing with your coins on the Bitcoin blockchain there is no paper Bitcoin there's no such thing as paper Bitcoin there's only 21 million Bitcoin and every node makes sure of that every 10 minutes and then if somebody who has some of these Bitcoin on their private key decides to sell obligations or financial liabilities referring to that Bitcoin under any condition, that's their choice. It's outside of Bitcoin and it's outside of the realm of other Bitcoin users being able to say this is right or wrong and this should happen or shouldn't happen. People are going to do whatever they want with the Bitcoin, including selling access to it or exposure to it in all kinds of different ways. And if you don't like it, you don't buy it, you can stack your own Bitcoin." You can find the full interview for Cointelegraph in the 🧵. If you enjoyed this content, please like 🧡, retweet 🔁 and follow me 👋!

Gareth Jenkinson

34,417 Aufrufe • vor 8 Monaten

"Bitcoin's probably going towards 10,000, and we need to get MicroStrategy Saylor stopped out. There's only one thing that matters for him right now, Bitcoin has to go up" Mike McGlone on why crypto is in a severe bear market that's just getting started "Cryptos are in a severe, serious bear market and it should continue. Part of it is because we've got a lot of smart people who are not seeing the forest through the trees. The number one thing is rapidly advancing technology, which is bearish because there's an unlimited supply of cryptos" "Now we have to purge those, and we're just getting started. Bitcoin's just one of them. The fact that it's done what it's done this year is a good indication it's probably going towards 10,000" "There's only one thing that matters for Saylor right now, Bitcoin has to go up. And it's going down despite the stock market going up"
0:41

"Bitcoin's probably going towards 10,000, and we need to get MicroStrategy Saylor stopped out. There's only one thing that matters for him right now, Bitcoin has to go up" Mike McGlone on why crypto is in a severe bear market that's just getting started "Cryptos are in a severe, serious bear market and it should continue. Part of it is because we've got a lot of smart people who are not seeing the forest through the trees. The number one thing is rapidly advancing technology, which is bearish because there's an unlimited supply of cryptos" "Now we have to purge those, and we're just getting started. Bitcoin's just one of them. The fact that it's done what it's done this year is a good indication it's probably going towards 10,000" "There's only one thing that matters for Saylor right now, Bitcoin has to go up. And it's going down despite the stock market going up"

The Wolf Of All Streets

167,766 Aufrufe • vor 29 Tagen

“There was never any talk of the risk.” Peter Schiff is just lying at this point. The risk of $STRC was always obvious: it is preferred equity issued by a Bitcoin Treasury Company. Saylor said it clearly: if Bitcoin goes down long term or forever, that is the risk. And what are we seeing now? Bitcoin under pressure. Liquidity rotated into AI and IPOs. Maximum fear. STRC down. That is not some hidden scandal. That is risk premium repricing. Strategy does not magically control STRC’s market price. They can adjust the dividend rate, but the market prices the risk of Bitcoin and Strategy’s ability to keep paying dividends. And when Bitcoin starts going up again, what do you think happens? The same risk premium reprices in the other direction. If you buy preferred equity in a Bitcoin company, you are making one core assumption: Bitcoin goes up over the long term. That was never hidden.
0:42

“There was never any talk of the risk.” Peter Schiff is just lying at this point. The risk of $STRC was always obvious: it is preferred equity issued by a Bitcoin Treasury Company. Saylor said it clearly: if Bitcoin goes down long term or forever, that is the risk. And what are we seeing now? Bitcoin under pressure. Liquidity rotated into AI and IPOs. Maximum fear. STRC down. That is not some hidden scandal. That is risk premium repricing. Strategy does not magically control STRC’s market price. They can adjust the dividend rate, but the market prices the risk of Bitcoin and Strategy’s ability to keep paying dividends. And when Bitcoin starts going up again, what do you think happens? The same risk premium reprices in the other direction. If you buy preferred equity in a Bitcoin company, you are making one core assumption: Bitcoin goes up over the long term. That was never hidden.

Alex 👽

21,172 Aufrufe • vor 1 Monat

Bitcoin is money AND digital gold. The two are not mutually exclusive. For Michael Saylor - it's the purest form of digital credit. For David Marcus - it's the payment rails of the future. "No one cares what humans think about how people need to Bitcoin because it's an unopinionated, code-based money platform." The Lightspark founder is forging ahead with building Bitcoin-based payment rails, while Saylor and Strategy are doubling down on Bitcoin-backed financial products. "I'm really grateful that Michael is really focused on the store of value use case, and he can do that, and I can be the one focused on bringing utility to Bitcoin. Both things will actually help one another to make Bitcoin more relevant to many more people and that's the beauty of building on an open network," Marcus told Robert Baggs and me on our latest Chain Reaction show. Marcus has been keenly focused on abstracting complexity away from payments using Bitcoin payments infrastructure with the launch of Lightspark Grid. "It's like Bitcoin as a network being used to move all kinds of other money, whether it's stablecoin or fiat at the edges, and you don't even understand that you're using Bitcoin. For instance, if you're a SoFi client in the US, and you want to send money to Europe or India, Brazil or Mexico, you send dollars and the other person on the other side receives Mexican peso, you have no clue you're using Bitcoin. And it's like magical TCP/IP for money between payment systems in the world." Bitcoin infrastructure works. Like most widely adopted technologies, the average person has no idea what's going on under the hood. That is the future that takes Bitcoin global. And it's being built in real-time.
4:50

Bitcoin is money AND digital gold. The two are not mutually exclusive. For Michael Saylor - it's the purest form of digital credit. For David Marcus - it's the payment rails of the future. "No one cares what humans think about how people need to Bitcoin because it's an unopinionated, code-based money platform." The Lightspark founder is forging ahead with building Bitcoin-based payment rails, while Saylor and Strategy are doubling down on Bitcoin-backed financial products. "I'm really grateful that Michael is really focused on the store of value use case, and he can do that, and I can be the one focused on bringing utility to Bitcoin. Both things will actually help one another to make Bitcoin more relevant to many more people and that's the beauty of building on an open network," Marcus told Robert Baggs and me on our latest Chain Reaction show. Marcus has been keenly focused on abstracting complexity away from payments using Bitcoin payments infrastructure with the launch of Lightspark Grid. "It's like Bitcoin as a network being used to move all kinds of other money, whether it's stablecoin or fiat at the edges, and you don't even understand that you're using Bitcoin. For instance, if you're a SoFi client in the US, and you want to send money to Europe or India, Brazil or Mexico, you send dollars and the other person on the other side receives Mexican peso, you have no clue you're using Bitcoin. And it's like magical TCP/IP for money between payment systems in the world." Bitcoin infrastructure works. Like most widely adopted technologies, the average person has no idea what's going on under the hood. That is the future that takes Bitcoin global. And it's being built in real-time.

Gareth Jenkinson

19,172 Aufrufe • vor 6 Monaten

"Bitcoin is a narrative. It will always be a narrative. And that's its moat." Jordi Visser (Jordi Visser) on why Bitcoin survives every bear market and what's actually holding it back right now: "It has a moat because belief is harder than fundamentals. Fundamentals come and go. Belief systems don't." "It's survived many, many bear markets. It's in the stage of long-term acceptance now." "The problem is simple: it needs money. And right now the money is going somewhere else." Translation: Bitcoin's strength isn't a cash flow or a fundamental you can model, it's belief, and belief is harder to kill than any balance sheet. That's why it keeps surviving. But belief doesn't move price on its own. It needs capital flowing in, and in a market where AI is absorbing every available dollar, that's the one thing Bitcoin isn't getting yet. Belief keeps it alive. Money makes it move. Which one are you betting shows up first? Jordi Visser: BTC is a narrative, it will always be a narrative. Its in the stage of a long term acceptance, the problem is, it needs money.
3:01

"Bitcoin is a narrative. It will always be a narrative. And that's its moat." Jordi Visser (Jordi Visser) on why Bitcoin survives every bear market and what's actually holding it back right now: "It has a moat because belief is harder than fundamentals. Fundamentals come and go. Belief systems don't." "It's survived many, many bear markets. It's in the stage of long-term acceptance now." "The problem is simple: it needs money. And right now the money is going somewhere else." Translation: Bitcoin's strength isn't a cash flow or a fundamental you can model, it's belief, and belief is harder to kill than any balance sheet. That's why it keeps surviving. But belief doesn't move price on its own. It needs capital flowing in, and in a market where AI is absorbing every available dollar, that's the one thing Bitcoin isn't getting yet. Belief keeps it alive. Money makes it move. Which one are you betting shows up first? Jordi Visser: BTC is a narrative, it will always be a narrative. Its in the stage of a long term acceptance, the problem is, it needs money.

Michaël van de Poppe

35,125 Aufrufe • vor 1 Monat

🚨 BITCOIN IS BEING MANIPULATED, AND I HAVE PROOF MICHAEL SAYLOR BEGINS SELLING $BTC Man who said "you do not sell your Bitcoin" is now selling Bitcoin Market reacts with immediate panic selling: $BTC < $62K Let that sink in Strategy holds 843,738 BTC - purchased for $63.87 billion at an average price of $75,700 per coin That's the largest corporate Bitcoin position in history And for years, Saylor repeated same thing over and over: Never sell. Never waver. Never flinch Then on an earnings call in May 2026, he said this: "We will probably sell some Bitcoin to fund a dividend - just to inoculate market" That single sentence broke a 5-year religion Here's what changed Strategy now carries $1.5B in annual preferred-stock dividend obligations Those dividends have to be paid in cash Bitcoin doesn't pay dividends So Saylor faces a choice: dilute shareholders with new equity, take on more debt or sell some BTC He chose door number three And there's more Company is sitting on $2.2 billion in unrealized tax benefits tied to high-cost-basis Bitcoin Selective sales could harvest those benefits - legally reducing their tax bill while offloading coins at the same time This isn't panic. This is optimization But here's what the market isn't pricing in Strategy owns approximately 4% of all Bitcoin that will ever exist If they become a consistent seller - even of small amounts - bid structure for BTC changes permanently Every fund, every ETF, every HODLer built their thesis on one assumption: Saylor is a buyer. Always That assumption just died The only time Strategy sold Bitcoin before this was December 2022 - 704 BTC for $11.8 million, purely for a tax loss This time the motivation is structural. Recurring. Tied to obligations that don't go away Watch the Coinbase Prime wallet Watch the 8-K filings The first real sale won't be announced - it'll be discovered I've been tracking institutional Bitcoin flows for years When the signal turns, I post it here first Turn on notifications. You'll want to be early on this one
0:35

🚨 BITCOIN IS BEING MANIPULATED, AND I HAVE PROOF MICHAEL SAYLOR BEGINS SELLING $BTC Man who said "you do not sell your Bitcoin" is now selling Bitcoin Market reacts with immediate panic selling: $BTC < $62K Let that sink in Strategy holds 843,738 BTC - purchased for $63.87 billion at an average price of $75,700 per coin That's the largest corporate Bitcoin position in history And for years, Saylor repeated same thing over and over: Never sell. Never waver. Never flinch Then on an earnings call in May 2026, he said this: "We will probably sell some Bitcoin to fund a dividend - just to inoculate market" That single sentence broke a 5-year religion Here's what changed Strategy now carries $1.5B in annual preferred-stock dividend obligations Those dividends have to be paid in cash Bitcoin doesn't pay dividends So Saylor faces a choice: dilute shareholders with new equity, take on more debt or sell some BTC He chose door number three And there's more Company is sitting on $2.2 billion in unrealized tax benefits tied to high-cost-basis Bitcoin Selective sales could harvest those benefits - legally reducing their tax bill while offloading coins at the same time This isn't panic. This is optimization But here's what the market isn't pricing in Strategy owns approximately 4% of all Bitcoin that will ever exist If they become a consistent seller - even of small amounts - bid structure for BTC changes permanently Every fund, every ETF, every HODLer built their thesis on one assumption: Saylor is a buyer. Always That assumption just died The only time Strategy sold Bitcoin before this was December 2022 - 704 BTC for $11.8 million, purely for a tax loss This time the motivation is structural. Recurring. Tied to obligations that don't go away Watch the Coinbase Prime wallet Watch the 8-K filings The first real sale won't be announced - it'll be discovered I've been tracking institutional Bitcoin flows for years When the signal turns, I post it here first Turn on notifications. You'll want to be early on this one

Simba

65,952 Aufrufe • vor 2 Monaten

Ed Dowd: "What we're learning from the Epstein files is that it's an operating system...[and] let's not forget Epstein was involved in money laundering... [and now] Bitcoin has been tied to... Epstein, and he's been involved in taking over the network and funding it... If you wanted to set up your own dark-money blackmail operation and launder money, Bitcoin would be the perfect way to do it, I guess." This clip of Dowd (Edward Dowd), a former BlackRock fund manager and co-founder of Phinance Technologies, is taken from an interview with Jesse Day (Jesse Day) posted to the Commodity Culture YouTube channel on February 28, 2026. ---------------Partial transcription of clip--------------- "What we're learning from the Epstein files is that it's an operating system. So we have the public-facing institutions, but we find out there's a layer of people above them that know how to manipulate that whole thing to their benefit through Kompromat and blackmail, and money laundering. "Let's not forget Epstein was involved in money laundering. That's how a lot of this stuff was. It's all dark money. And the other thing that surprised me, that I didn't. This angle I didn't think of. And again, we'll find out more, but Bitcoin has been tied to Jeffrey Epstein, and he's been involved in taking over the network and funding it. I don't know what to think of that and intuitively makes sense. "If you wanted to set up your own dark money blackmail operation and launder money, Bitcoin would be the perfect way to do it. I guess. So, you know, there's a lot that's being revealed, and I don't, you know, I don't know what that means for Bitcoin long term, but, it certainly kind of disrupts the narrative that bitcoin is freedom. "I mean, that was kind of one of the narratives that we were hearing. And I've never been a bitcoin, bear or bull. I've always said it's a. It's a proxy for NASDAQ and liquidity trade, you know. You know, buyer beware. It's not a store of wealth. It's very volatile. So that's what it's always been to me is a volatile, you know, 95% correlated asset to the NASDAQ."
1:36

Ed Dowd: "What we're learning from the Epstein files is that it's an operating system...[and] let's not forget Epstein was involved in money laundering... [and now] Bitcoin has been tied to... Epstein, and he's been involved in taking over the network and funding it... If you wanted to set up your own dark-money blackmail operation and launder money, Bitcoin would be the perfect way to do it, I guess." This clip of Dowd (Edward Dowd), a former BlackRock fund manager and co-founder of Phinance Technologies, is taken from an interview with Jesse Day (Jesse Day) posted to the Commodity Culture YouTube channel on February 28, 2026. ---------------Partial transcription of clip--------------- "What we're learning from the Epstein files is that it's an operating system. So we have the public-facing institutions, but we find out there's a layer of people above them that know how to manipulate that whole thing to their benefit through Kompromat and blackmail, and money laundering. "Let's not forget Epstein was involved in money laundering. That's how a lot of this stuff was. It's all dark money. And the other thing that surprised me, that I didn't. This angle I didn't think of. And again, we'll find out more, but Bitcoin has been tied to Jeffrey Epstein, and he's been involved in taking over the network and funding it. I don't know what to think of that and intuitively makes sense. "If you wanted to set up your own dark money blackmail operation and launder money, Bitcoin would be the perfect way to do it. I guess. So, you know, there's a lot that's being revealed, and I don't, you know, I don't know what that means for Bitcoin long term, but, it certainly kind of disrupts the narrative that bitcoin is freedom. "I mean, that was kind of one of the narratives that we were hearing. And I've never been a bitcoin, bear or bull. I've always said it's a. It's a proxy for NASDAQ and liquidity trade, you know. You know, buyer beware. It's not a store of wealth. It's very volatile. So that's what it's always been to me is a volatile, you know, 95% correlated asset to the NASDAQ."

Sense Receptor

21,167 Aufrufe • vor 5 Monaten

$BTC IS DUMPING. NOT FOR THE REASON YOU THINK. It's not the ETFs. It's not the halving cycle. It's not whales. It's the dollar. And almost nobody is pricing in what comes next. The DXY just broke out of accumulation: → The dollar goes vertical. → Bitcoin bleeds. Every single time. The dollar index (DXY) ripped from 80 → 100 in 8 months in 2014. Bitcoin got destroyed: → $1,150 to under $200 → −85% → 14 months of pain Everyone who bought the top waited years just to break even. Now it's happening again. The crowd thinks $58K is the bottom. That's word for word what they said in 2014. Bitcoin hasn't even started falling yet. If you've been following me, you already caught my $16K $BTC bottom call and $126K top. The next call is already playing out and it's bigger than both. Follow and turn notifications on.
0:30

$BTC IS DUMPING. NOT FOR THE REASON YOU THINK. It's not the ETFs. It's not the halving cycle. It's not whales. It's the dollar. And almost nobody is pricing in what comes next. The DXY just broke out of accumulation: → The dollar goes vertical. → Bitcoin bleeds. Every single time. The dollar index (DXY) ripped from 80 → 100 in 8 months in 2014. Bitcoin got destroyed: → $1,150 to under $200 → −85% → 14 months of pain Everyone who bought the top waited years just to break even. Now it's happening again. The crowd thinks $58K is the bottom. That's word for word what they said in 2014. Bitcoin hasn't even started falling yet. If you've been following me, you already caught my $16K $BTC bottom call and $126K top. The next call is already playing out and it's bigger than both. Follow and turn notifications on.

Nonzee

79,303 Aufrufe • vor 1 Monat

The $250,000 ETH Productive Money Price Target Explained "You just have to look at the monetary premium that currently exists in gold and Bitcoin. If ETH is better money than gold and Bitcoin, it should capture the monetary premium of those two assets. Today gold has a market cap of ~$30 trillion and Bitcoin has a market cap of ~$1.5 trillion. If you divide that by 121 million ETH, you get a price somewhere between $250,000 and $300,000." Michael McGuiness continues: "I view Bitcoin and gold as the rough TAMs for scarce assets without counterparty risk. That's what gold is and that's what Bitcoin is... and I actually think that could end up being low because it doesn't include other TAMs like the broader money supply -- M2 is ~$22 trillion. There's a monetary premium in asset classes like luxury real estate -- you're not buying an apartment in NYC for the cap rate; it's more of a store of value. If the world converged on ETH as its store of value, it might win that monetary premium as well." Vivek Raman adds: "It sounds audacious but Ethereum is audacious. It's a new technology and people need to start thinking in exponentials... Institutional investors are starting to realize too that it's not just a discounted cash flow model -- Ethereum is not a software company. It's going for money. The repricing from an asset that's not well-understood yet to a productive money that's the global reserve asset is not something that's going to stop at a 10x... And that's what the opportunity is. There aren't many assets out there that have an intrinsic value floor with actual fundamental value plus a monetary premium -- and you have the ability to capture the growth of an entire network that's kind of like owning a piece of the Internet early on. That's what ETH is. It's one of the greatest assets I've ever seen." Mike adds: "I know the number can sound crazy on the surface, but one sanity check I like to do is: there's ~60 million millionaires and there's ~121 million ETH. If every millionaire globally tried to buy some ETH, they'd each be able to own ~2. Obviously there are people out there who own a lot more than 2 ETH, so it'd be less than that. So that's another way of thinking about these few-hundred-thousand-dollar price targets. I used to think about Bitcoin the same way. It's just a nice sanity check: If this is the global reserve asset and the world converges on it, and everyone tries to buy it, how much is left to go around?" Read the full report and watch the full The Edge Podcast interview with Vivek Raman and Michael McGuiness in the links below.
3:36

The $250,000 ETH Productive Money Price Target Explained "You just have to look at the monetary premium that currently exists in gold and Bitcoin. If ETH is better money than gold and Bitcoin, it should capture the monetary premium of those two assets. Today gold has a market cap of ~$30 trillion and Bitcoin has a market cap of ~$1.5 trillion. If you divide that by 121 million ETH, you get a price somewhere between $250,000 and $300,000." Michael McGuiness continues: "I view Bitcoin and gold as the rough TAMs for scarce assets without counterparty risk. That's what gold is and that's what Bitcoin is... and I actually think that could end up being low because it doesn't include other TAMs like the broader money supply -- M2 is ~$22 trillion. There's a monetary premium in asset classes like luxury real estate -- you're not buying an apartment in NYC for the cap rate; it's more of a store of value. If the world converged on ETH as its store of value, it might win that monetary premium as well." Vivek Raman adds: "It sounds audacious but Ethereum is audacious. It's a new technology and people need to start thinking in exponentials... Institutional investors are starting to realize too that it's not just a discounted cash flow model -- Ethereum is not a software company. It's going for money. The repricing from an asset that's not well-understood yet to a productive money that's the global reserve asset is not something that's going to stop at a 10x... And that's what the opportunity is. There aren't many assets out there that have an intrinsic value floor with actual fundamental value plus a monetary premium -- and you have the ability to capture the growth of an entire network that's kind of like owning a piece of the Internet early on. That's what ETH is. It's one of the greatest assets I've ever seen." Mike adds: "I know the number can sound crazy on the surface, but one sanity check I like to do is: there's ~60 million millionaires and there's ~121 million ETH. If every millionaire globally tried to buy some ETH, they'd each be able to own ~2. Obviously there are people out there who own a lot more than 2 ETH, so it'd be less than that. So that's another way of thinking about these few-hundred-thousand-dollar price targets. I used to think about Bitcoin the same way. It's just a nice sanity check: If this is the global reserve asset and the world converges on it, and everyone tries to buy it, how much is left to go around?" Read the full report and watch the full The Edge Podcast interview with Vivek Raman and Michael McGuiness in the links below.

Etherealize

169,258 Aufrufe • vor 3 Monaten

VanEck CEO Jan van Eck on CNBC: “There’s something else going on within the Bitcoin community that non-crypto people need to know about. And that is: ultimately, VanEck has been around before Bitcoin. We will walk away from Bitcoin if we think the thesis is fundamentally broken. We don’t right now, but you always have to look at the underlying technology and the crypto. What the Bitcoin community has been asking itself is: Is there enough encryption in Bitcoin, because quantum computing is coming? And secondly: Is there enough privacy in Bitcoin? And so a lot of Bitcoin OGs or maxis have been looking at Zcash. Zcash is a token. It’s sort of related to Bitcoin with a lot more privacy. The kind of garbage that we got about Bitcoin four years ago was: ‘It’s used for all bad illicit behavior.’ But now everyone kind of realizes that when you move money around on the Bitcoin blockchain, you can see it. You can see it move from one wallet to another. And a lot of people are looking for more privacy.”
1:00

VanEck CEO Jan van Eck on CNBC: “There’s something else going on within the Bitcoin community that non-crypto people need to know about. And that is: ultimately, VanEck has been around before Bitcoin. We will walk away from Bitcoin if we think the thesis is fundamentally broken. We don’t right now, but you always have to look at the underlying technology and the crypto. What the Bitcoin community has been asking itself is: Is there enough encryption in Bitcoin, because quantum computing is coming? And secondly: Is there enough privacy in Bitcoin? And so a lot of Bitcoin OGs or maxis have been looking at Zcash. Zcash is a token. It’s sort of related to Bitcoin with a lot more privacy. The kind of garbage that we got about Bitcoin four years ago was: ‘It’s used for all bad illicit behavior.’ But now everyone kind of realizes that when you move money around on the Bitcoin blockchain, you can see it. You can see it move from one wallet to another. And a lot of people are looking for more privacy.”

Arjun Khemani

569,098 Aufrufe • vor 8 Monaten

Former BlackRock fund manager Ed Dowd on the Bitcoin drop: "Bitcoin has always been a global liquidity canary in the coal mine" "what [this] says to me is that Bitcoin is being sold to fund and chase... momentum stocks, particularly NASDAQ and semiconductors" "[this] means the liquidity situation isn't as good as everyone thinks, because if this was truly a liquidity driven market rise, Bitcoin would be participating right now" This clip of Dowd (Edward Dowd), a former BlackRock fund manager and co-founder of Phinance Technologies, is taken from an interview with Daniela Cambone-Taub (Daniela Cambone-Taub) posted to the ITM TRADING, INC. YouTube channel on June 5, 2026. ---------------Partial transcription of clip---------------- "So Bitcoin peaked in October of last year and in this most recent move, in three weeks it's gone from 81,000 to 67,000. That's a 17% decline in three weeks. And technically it looks like it wants to go find a new low. "At the moment it may rally from here, but, the NASDAQ and Bitcoin have a strong correlation, historically 95%. "Bitcoin is a risk-on trade. So recently that's decoupled a little bit, which implies one of two things. Bitcoin needs to rally back up to make the correlation hold or the NASDAQ has to move down a lot for the correlation to hold. "So given Bitcoin's decline, it makes me concerned that global— and Bitcoin has always been a global liquidity canary in the coal mine. So what it says to me is that Bitcoin is being sold to fund and chase, you know, momentum stocks, particularly NASDAQ and semiconductors, which means the liquidity situation isn't as good as everyone thinks. "Because if this was truly a liquidity driven market rise, Bitcoin would be participating right now. "[And Michael] Saylor's stock has been a disaster for the last year and a half. He's selling some Bitcoin to pay some dividends. There is a thesis that he gets a margin call. I don't know whether that's true or not, but at these levels, it's margin call. "People have said in $74,000 bitcoins, margin call territory, we're now at $67,000. We'll see if that continues to unwind the Bitcoin space. But it just doesn't bode well for global liquidity that Bitcoin is struggling, in my humble opinion."
2:02

Former BlackRock fund manager Ed Dowd on the Bitcoin drop: "Bitcoin has always been a global liquidity canary in the coal mine" "what [this] says to me is that Bitcoin is being sold to fund and chase... momentum stocks, particularly NASDAQ and semiconductors" "[this] means the liquidity situation isn't as good as everyone thinks, because if this was truly a liquidity driven market rise, Bitcoin would be participating right now" This clip of Dowd (Edward Dowd), a former BlackRock fund manager and co-founder of Phinance Technologies, is taken from an interview with Daniela Cambone-Taub (Daniela Cambone-Taub) posted to the ITM TRADING, INC. YouTube channel on June 5, 2026. ---------------Partial transcription of clip---------------- "So Bitcoin peaked in October of last year and in this most recent move, in three weeks it's gone from 81,000 to 67,000. That's a 17% decline in three weeks. And technically it looks like it wants to go find a new low. "At the moment it may rally from here, but, the NASDAQ and Bitcoin have a strong correlation, historically 95%. "Bitcoin is a risk-on trade. So recently that's decoupled a little bit, which implies one of two things. Bitcoin needs to rally back up to make the correlation hold or the NASDAQ has to move down a lot for the correlation to hold. "So given Bitcoin's decline, it makes me concerned that global— and Bitcoin has always been a global liquidity canary in the coal mine. So what it says to me is that Bitcoin is being sold to fund and chase, you know, momentum stocks, particularly NASDAQ and semiconductors, which means the liquidity situation isn't as good as everyone thinks. "Because if this was truly a liquidity driven market rise, Bitcoin would be participating right now. "[And Michael] Saylor's stock has been a disaster for the last year and a half. He's selling some Bitcoin to pay some dividends. There is a thesis that he gets a margin call. I don't know whether that's true or not, but at these levels, it's margin call. "People have said in $74,000 bitcoins, margin call territory, we're now at $67,000. We'll see if that continues to unwind the Bitcoin space. But it just doesn't bode well for global liquidity that Bitcoin is struggling, in my humble opinion."

Sense Receptor

39,191 Aufrufe • vor 1 Monat

Everyone's asking why Bitcoin is lagging while the S&P prints all-time highs. Michael Saylor gave me the cleanest answer in Prague: "We're living right now in the summer of the AI bubble... $500 billion of capital is being lurped into the AI complex right now." His framing: a "massive AI black hole spinning through the system," pulling the marginal dollar into every hot AI deal instead of crypto. Nothing broke — the capital just found somewhere louder to go. What I respect is that he didn't leave it vague. He put a clock on it: "I think a lot of that hot money will come back into Bitcoin because Bitcoin is now undervalued" — capital rotating back around Q3, and by Q4 "things will be normalizing to our benefit." That's his call, not mine — but it's dated and testable, which is exactly why it's worth writing down. In six months we either see the rotation or we don't. His yardstick for "undervalued," for what it's worth, is the discount to the 200-week moving average — what he calls the "book value" of Bitcoin. A cleaner lens than the daily candle, whatever you make of the timing. Do you buy the AI-drain thesis — or is the lag telling us something more structural?
0:26

Everyone's asking why Bitcoin is lagging while the S&P prints all-time highs. Michael Saylor gave me the cleanest answer in Prague: "We're living right now in the summer of the AI bubble... $500 billion of capital is being lurped into the AI complex right now." His framing: a "massive AI black hole spinning through the system," pulling the marginal dollar into every hot AI deal instead of crypto. Nothing broke — the capital just found somewhere louder to go. What I respect is that he didn't leave it vague. He put a clock on it: "I think a lot of that hot money will come back into Bitcoin because Bitcoin is now undervalued" — capital rotating back around Q3, and by Q4 "things will be normalizing to our benefit." That's his call, not mine — but it's dated and testable, which is exactly why it's worth writing down. In six months we either see the rotation or we don't. His yardstick for "undervalued," for what it's worth, is the discount to the 200-week moving average — what he calls the "book value" of Bitcoin. A cleaner lens than the daily candle, whatever you make of the timing. Do you buy the AI-drain thesis — or is the lag telling us something more structural?

Michaël van de Poppe

74,081 Aufrufe • vor 1 Monat

This is the former President of PayPal talking about using #Bitcoin to make the $7.5 Trillion DAILY Foreign Exchange Market a much more efficient & profitable place. He is talking about building what Strike is building and compared the current monetary rails to a fax machine. I also completely agree with him that #Bitcoin will not be the currency people use to buy goods and services, however, it is a great settlement layer where you can have USD effectively on #Bitcoin rails and do immediate settlements. This is the best explanation of a corporate application of #Bitcoin being used as an invisible service layer that I've heard. If you think the corporates "don't get it" and only Twitter Anon's can "get it" - you're a moron. These people are smart and can catch up quickly with manpower. To put it into perspective, if 25% of the Daily Foreign Exchange market was on #Bitcoin rails it means $1.875 Trillion of daily consistent demand for #Bitcoin. That would equate to a $225 Trillion #Bitcoin Market Cap - assuming BofA's Bull Market Multiple is right. This means - just 25% of this market alone coming onto the #Bitcoin Rails would add $10.5m onto the price of #Bitcoin. Thanks for finding the video!
3:18

This is the former President of PayPal talking about using #Bitcoin to make the $7.5 Trillion DAILY Foreign Exchange Market a much more efficient & profitable place. He is talking about building what Strike is building and compared the current monetary rails to a fax machine. I also completely agree with him that #Bitcoin will not be the currency people use to buy goods and services, however, it is a great settlement layer where you can have USD effectively on #Bitcoin rails and do immediate settlements. This is the best explanation of a corporate application of #Bitcoin being used as an invisible service layer that I've heard. If you think the corporates "don't get it" and only Twitter Anon's can "get it" - you're a moron. These people are smart and can catch up quickly with manpower. To put it into perspective, if 25% of the Daily Foreign Exchange market was on #Bitcoin rails it means $1.875 Trillion of daily consistent demand for #Bitcoin. That would equate to a $225 Trillion #Bitcoin Market Cap - assuming BofA's Bull Market Multiple is right. This means - just 25% of this market alone coming onto the #Bitcoin Rails would add $10.5m onto the price of #Bitcoin. Thanks for finding the video!

BRITISH HODL ❤️‍🔥🐂❤️‍🔥

229,736 Aufrufe • vor 2 Jahren