Bitcoin (BTCUSD)

[skydog526]

Yet it is designed not to be a ponzi scam.

[Saving Grace]

It's a worldwide Ponzi scheme. All will be affected.

Just posting the recent facts. The floor will fall out on this one.

https://www.businessinsider.com/jamie-dimon-bitcoin-crypto-ponzi-scheme-fraud-currency-blockchain-jpmorgan-2024-4?op=1

[highstakes]

What about all the foreign banks that are buying bag, adding it to the portfolio?

[Saving Grace]

Jamie Dimon calls bitcoin a 'fraud' and a 'Ponzi scheme' — and says the crypto is hopeless as a currency

Dimon has dismissed bitcoin as a "pet rock" in the past and slammed it for enabling criminals. All will be caught and imprisoned until tribunal.

Bitcoin is a scam and fails as a currency, Jamie Dimon said.

"If you mean crypto like bitcoin, I've always said it's a fraud," the JPMorgan CEO told Bloomberg TV on Wednesday.

"If they think they're a currency, there's no hope for it. It's a Ponzi scheme," he added.

https://www.businessinsider.com/jamie-dimon-bitcoin-crypto-ponzi-scheme-fraud-currency-blockchain-jpmorgan-2024-4?op=1

[nowwhat2]

Hello - Good morning and or afternoon........Say ;

I don't know nuttin' about Solana (or other things), but suddenly now I do

I only really listened to one minute or so but that's all that I needed to see.......


I just couldn't help liking the slopes on his chart......so I decided to try drawing my own.


Just sayin'.











Or wait - ' Cuz I DID try to look at Solana before once .......... (about 5 weeks ago)





Plus once in January




Still tho.......I don't know nuttin' about Solana .........but sometimes I might see its' chart.

I think if I tried to update that line there now ?........That it would look like this :







.

[actiontime]

For sure! A true M.O.

[actiontime]

Back at you and thanks Man!
Here’s to a great week!!

[skydog526]

Monday Monday Mamas & the Papas

[ap17]

agreed.

[ap17]

Thanks AT. 🤑

[weedtrader420]

BITCOIN SUKU 🚆 CRAZY TRAIN

[weedtrader420]

SUKU BITCOIN DOGECOINX SHIBA BONK 🪖🕶️WAR PIGS

[weedtrader420]

BITCOIN SUKU 🟩GREEN GRASS & HIGH TIDES⛓️ BONK BONK ☝️🤑🖕

[trunkmonk]

Said it before and it’s completely true still. Milken would be a trillionaire if he were in his prime today. It’s no different, just the players, diff time, diff space with world audience and ur typical basement kid who believes anything or can’t MCs necessarily others it’s valuable, markets are bigger, trillions printed into markets. Junk bonds crypto, it’s all the same. Saylor would be his yes man.

[nowwhat2]

3 hours earlier ;












Hyper, DIAG, Halving, Resist, 62, 64, 65, Zone

[europtiger]

They do so… to buy cheapies:))

[nowwhat2]

And when confronted with conundrums like that ya' gotta pan out - Gotta go with the longer-term charts


This was drawn up April 7th..........Since then (14 days later) ?....
It's been below 60,000 and the Middle East has escalated





This also was drawn up on April 7th ........It's been below 60,000






BOOM !
Suddenly now......LOOK !.....
Whilst composing.......Whump !







1 hour earlier ; (8:00 am)





9:00 am







And when faced with such conundrums ?........Panning out's what's required - (opt for the longer-term charts)




FBO means False Breakout - A few weeks must pass and then if it breaks out again ?.......

That one will be FOR REAL....... * As was the case with the Iran attack on Isreal.



The IRAN Event .....It has been below 60
2 yr






.

[actiontime]

Top Shelf comments on both posts Buddy!
The board should take heed to these well stated points! Thanks!

[Candlestick_Ninja]

#CandlestickNinja April 21st 2024 Bitcoin BTCUSD Short Term Bullish Analysis Update - Fleeting headwinds that will most likely be overcome for a 68k break by Monday Morning!



Yesterday's cup and handle formation, which retraced to .382 from the recent run-up, has now evolved into a short-term triple top.



To see a bullish move towards $68-$69k and eventually $74k, we need to break the psychological resistance at 65k by morning.



For educational and informational purposes only, not financial advice.

#BitcoinAnalysis, #BTCUSD, #CupAndHandle, #TripleTop, #TechnicalAnalysis, #MarketUpdate, #Cryptocurrency, #TradingStrategies

[ap17]

These are the current assholes we deal with as they expand crypto trading desks system wide.

JP Morgan CEO calls Bitcoin ‘Ponzi Scheme’ despite serving as Authorized Participant for BlackRock ETF. JP Morgan CEO Jamie Dimon has once again expressed doubts about Bitcoin's utility and legitimacy as a form of money.

[ap17]

From the nutshell:

THE DON’T F*CK THIS UP THESIS 💸
Crypto is the greatest gift we’ve ever been given.

Here’s how to not f*ck it up.

Raoul
Raoul is a veteran in both crypto & financial markets, having first bought Bitcoin 10+ years ago.

In his latest interview, Raoul broke down his simple framework on how to make the most out of this bull market.

Raoul has appropriately named it the “Don’t F*ck This Up” thesis.

“This [crypto] is the biggest macro opportunity of all time.”


Raoul Pal
Raoul believes that crypto is an “alien” asset class for 3 reasons:

Fastest adoption of any technology the world has ever seen - except for AI

Fastest accumulation in value of any asset class in history

Largest price appreciation in returns of any asset class in history

Here’s what Raoul means by “Don’t f*ck this up”:

Own the core assets

Raoul is a huge advocate for putting at least 90% of your portfolio into the core crypto assets - Bitcoin, Ethereum & Solana.

“Bitcoin, Ethereum & Solana have provable network effects. Put 90% of your assets here. If you do an equally weighted basket, you’ll do very well.”


Raoul Pal
But what do you do with the remaining 10% of your portfolio? 🤔

That’s where you satisfy those inner degen cravings…

We’re talking about sh*tcoins here.

But be prepared to lose it all with these picks:

(Even though you saw that 15 year old kid who turned $100 into $1,000,000 trading memecoins… You’re not seeing the thousands of others who lost it all)

“Who knows… You might get the 100x… You probably won’t…”


Raoul Pal
Setting your portfolio up this way, allows you to participate in the madness that is altcoin mania, but the most you can lose is only 10%.

Whereas the rest of your portfolio will 5x for example.

(if you allocate to the core assets)

This is only one part of Raoul’s “Don’t F*ck This Up” thesis.

If you’d like to hear Raoul breakdown the rest of this framework, checkout our interview with him from earlier in the year.

Don’t overthink this bull run. 🐂

Put the majority of your portfolio into the core assets and you’ll do extremely well.

Simple. 🌱

[skydog526]

In Bitcoin mining, efficiency can be more important than power. 

While Marathon leads in production, Riot's unique power strategy makes it much more efficient.

Marathon will likely find success after the halving that cuts the reward for mining, but Riot's prospects look more promising in the longer outlook.

Marathon spends about $21,000 to mine a BTC while Riot spends roughly $2,100

[nowwhat2]

Miniature Battle Royale

[nowwhat2]

ha-ha-ha !

Very funny......






* That's how the world depicts you people.......you trolls.......

You Internet Sociopaths !




You get a real KICK out of "bullying" others don't ch'ya' ?......

.

[trunkmonk]

i have no idea what a moron like you is talking about. sorry, are you a sad sad man with no life? yes?
I think im going to start shorting stocks, never did it before, felt guilty, now im gonna watch for everything you pump and short it at the right moment. ur a Cramer for sure, ride the wave of dum dums, i used to do it without shorting, ill make an exception for you
Ur mustache is cheesiest, lol

[steez]

Hey idiot you waitting for 2k hahahahahbawa

[trunkmonk]

i cant drive 55. its got to stay above that. Gold BTC ratio will be much closer than it is today at 27, less than 16 within a year? gold DOW around 1 within 2 years? Datheif dont think so, lol.
lets rock

[nowwhat2]

Heinz 57-ish









Whilst composing.....





BTC 24/ 7 / 365

Holy smokes - Back to SLEEP !



Zone Of Excitement - Or . . . . High Drama





April 7th ;



.


.

[nowwhat2]

4 hrs later.....

60 day




4 hrs later ;










The Hlaving, Decider, etc. Magnet

[skydog526]

65 saves lives.

[nowwhat2]

Duh......




Heinz 57






Locate 62 in top chart.....



Just WHERE in the hell've YOU been ?




ROFLMAO !



.

[nowwhat2]

Wasn't I highlighting the 64 there (for about the 60th time)?
And, what, 16 ? hours later ?....... Boom !
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174275127

Plus, wasn't I just highlighting the 65 here ?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174276825

and now it's moving on to the 65......

BOOM !

Just, where in the hell have you been ?

[nowwhat2]

Have you ever had any of these on your (hokey) "chart" ?




April 7th ;

[skydog526]

Oh geeze it's like notknowing again.

[skydog526]

55, 57, 62, 65 and 67 are all levels I have on my chart. You?

[nowwhat2]

Yeah - it's one of your 3 dozen levels Ballpark.....
Just so's you can claim that you nailed it.

[skydog526]

57 is still a reality.

[nowwhat2]

Hey, where's your 57 Heinz ?......LoLoLZ !.....Whoops !



Well ?......It's dealt with the Flash, the 62 and 64 and now it's moving on to the 65






This got ya' all excited, didn't it ?.........Why, it got ya' calling for Heinz 57 !.......Whoops !
Just WHAT the hell happened THERE ????











The OHTL (which you completely MISSED) !






You've quite CLEARLY got NUTTIN' that rivals my work dude........So shut yer freakin' yap





Tuesdays' April 16th and this mornings' Saturday ;























Summary Flash 62 64 OHTL

[skydog526]

I've been watching MARA and RIOT for weeks. Maybe I go all balls deep on Monday. Maybe not.

[weedtrader420]

HAPPY BITCOIN 420 WOOHOOOOOOOOOOOOOOOOOO SUKU BONK BONK

[FooBarAndGrill]

The transaction fees have already compensated. The profitability is running about the same.

[actiontime]

Excellent post Buddy!!
Also the ETFs on the scene as you know,
and the broker dealers customer base(s) teeing up and the 401Ks! This halving is much more special than any previous ones!

[ap17]

From nutshell: missing graphs but you get the idea.

Bitcoin just underwent its fourth halving! 🥳 🥳

The block reward for miners has now been decreased from 6.25 BTC per mined block, down to 3.125 BTC.

This means that the daily rate of new Bitcoin entering the supply has also decreased from 900/day down to 450/day.

This will continue every 4 years until Bitcoin reaches it’s supply cap of 21 million BTC. (estimated to happen roughly in 2140)

block reward
Bitcoin block reward throughout the years

The last 3 halvings occurred in 2012, 2016 and 2020. And each preceded HUGE rallies in Bitcoin’s price.

That’s why the crypto community is so hyped for the halving.

Going off past performance, we can expect positive price action for the next 12 - 18 months.

BUT there’s 1 reason for why this halving is extra special.

For the first time ever, Bitcoin is now verifiably more scarce than gold…

bitcoin vs gold
Bitcoin is now factually, the hardest money on earth.

[ap17]

YEP, their transaction fees will increase but not by the amount to replace 3.125 BTC

[actiontime]

Haha Yes! A lot of educating!

[ap17]

Exactly, seems like there's educating to do here.

[longview1]

Percentage of gains are still greater over in Shiba. Having a great day thus far.

[nowwhat2]

FanDuel !.......Bitcoin !.......Vegas !.......Blackjack !........Lotto 649 !




Life is good !..........Living The Dream !




Go USA Go !






/

[FooBarAndGrill]

LOL. It's hard out here for a miner.
https://bitinfocharts.com/comparison/transactionfees-mining_profitability-btc.html#3m

[Juancy]

Bitcoin mining rewards now reduced from 6.25 to 3.125 BTC per block, after the recent 4th halving.