Help me understand this. Everybody says we're priced out of bitcoin. But if that is the case...

Help me understand this. Everybody says we're priced out of bitcoin. But if that is the case, why are we still going up? If they thought the concepto of "being priced out" was true, why wouldn't they crash the price?

Isn't the whole narrative of being price out just a psy ops to keep btc away from you? It just doesn't make any sense.

They're just trying to create fomo. Problem is crypto ain't that popular anymore, there's way better gains in AI and quantum computing.

So do you reckon it might be better to just invest in companies instead of crypto?

AI and quantum computing

complete meme compared to Bitcoin which is for EVERYONE, only rich VC make it in these fields

unit bias I guess. Idea is total nonsense for anyone who has looked at BTC for more than 5 minutes.

I would not touch MSTR, but tech will do fine.
AI is just starting fren, and the gains were phenomenal over the past three years.

priced out

Meaningless. It’s going to rapidly become a rat race at the nation state level to stockpile as much bitcoin as possible in preparation for the new economy. Governments hoarding bitcoin en masse -> massive further price increases as demand hits warp speed

Bitcoin is nothing but institutional investors now. Retail is deader than most actual retail stores.

Meaningless. It’s going to rapidly become a rat race at the nation state level to stockpile as much bitcoin as possible in preparation for the new economy. Governments hoarding bitcoin en masse -> massive further price increases as demand hits warp speed

Shit like this is worse than brainrot content.

Bitcoin affirmed as store of value immune to inflation with massive room to still increase wealth -> has institutional backing and integration in banks, treasuries, et al -> govts concede they cannot ban or regulate it and any attempts to create a competitor are inherently weaker and limited, strengthening prospect of BTC in comparison -> govts cease trying to compete with it, accept the institutional frameworks already in place and instead move to own all of it, before anyone else catches on, which will firmly entrench them as a dominant economic force assuming Bitcoins market cap triples from said feedback loop (highly likely and not at all unprecedented)

I understood the hesitation and doubt in the 2010s but maintaining it even after David Sacks of Bitcoin and VangRock ceded control to the Coin is retarded.

Shit like this is worse than brainrot content.

you're too dumb to realize the implications of Bitcoin.

Bitcoin affirmed as store of value immune to inflation with massive room to still increase wealth -> has institutional backing and integration in banks, treasuries, et al -> govts concede they cannot ban or regulate it and any attempts to create a competitor are inherently weaker and limited, strengthening prospect of BTC in comparison -> govts cease trying to compete with it, accept the institutional frameworks already in place and instead move to own all of it, before anyone else catches on, which will firmly entrench them as a dominant economic force assuming Bitcoins market cap triples from said feedback loop (highly likely and not at all unprecedented)

5 years ago it was "Bitcoin will be the new currency! Look at the new ATMs!". The goalposts keep moving. "Bitcoin is independent of regulation and boomer institutions!" Now? "Bitcoin now has regulators and institutional backing".

you're too dumb to realize the implications of Bitcoin.

Please explain it to me. I await your silence.

lmao

this is brainrot bitcoin porn.
1% of energy in the world to run this shit and it doesnt produce anything or solve any real problem. The only logical thing that is going to happen to it is its going to become too expensive to maintain and then completely abandoned.

but didn't you hear? bitcoin solves climate change!

I too would like to learn about it.

you sound like r/buttcoin

keeeeek shitcoiners

Bitcoin was always going to be the ultimate store of value. It offers the immunity to inflation offered by gold with more convenience and better security compared to buying gold “digitally”, while being far more liquid and convenient than having it physically, the only strength of fiat currency, except unlike Bitcoin fiat is not trustless. A transition to such a solution becomes inevitable once institutional adoption begins, and from there is only limited by generational/literacy change

The current economic system already uses far more energy to maintain itself. Infrastructure has inherent value and does not need physical tangibility to have real value. The idea that it would be abandoned at the current level of entrenchment is extremely unlikely. Barring a major catastrophe, which would likely reset the entire modern economic system itself, it’s not going anywhere.

Bitcoin was always going to be the ultimate store of value. It offers the immunity to inflation offered by gold with more convenience and better security compared to buying gold “digitally”, while being far more liquid and convenient than having it physically, the only strength of fiat currency, except unlike Bitcoin fiat is not trustless. A transition to such a solution becomes inevitable once institutional adoption begins, and from there is only limited by generational/literacy change

You literally didn't answer of the factual accusations I made and just responded with a ChatBTC answer.

You tards sound like r/bitcoin

"It will be the new currency!"

"Bitcoin ATMs will be everywhere!"

"It's free from institutional boomers and government regulation"

Then they did a 180 on all these things and cheered.

Sir, a major catastrophe is a margin call on MSTR, Even a mild recession and people selling bticoin could put enough downward pressure to liquidate him.

It is not a great store of value if is is expensive to maintain, run and exchange. It is slow, expensive, and not easily transferable to kin in cases of death. Tulips were once considered a stores of values and invesstments, and Large rocks, doesnt mean they still are.
Just pray you arent the last baggie.

factual accusations

You used a straw man to accuse me of “moving goal posts” I never established based off what you heard some other random say anecdotally years ago. You are the one who is completely ignoring the thesis I established which is what anyone who’s been serious about BTC has always theorized, though it’s only in the past year or so that it’s become extremely clear that this will become reality.

For me, the money always was in the secondary L1s becoming popular, Ethereum, Solana, now Hyperliquid.

You used a straw man to accuse me of “moving goal posts” I never said YOU moved the goalposts, I said the goalposts of BTC fanboys keep moving (but if you're a BTC fanboy I apologize)

You are the one who is completely ignoring the thesis I established

And you ignored that 5 years ago the "thesis" from people like you was totally different than what is now.

though it’s only in the past year or so that it’s become extremely clear that this will become reality.

5 years ago it was "BTC will be the new currency used for purchases by the average person". How did that work out?

bro don't even bother, shitcoiners will double down on their delusions and parrot r/buttcoin talking points like the dumb boomers their are.

When Bitcoin will hit 1M and their Indian scams are long forgotten maybe they'll realize they got conned

Isn't the whole narrative of being price out just a psy ops to keep btc away from you?

2016 fag here. This is a tale as old as time. I'm glad someone recognizes this. First of all, in the old days this narrative was a complete psyop by foreign countries. People don't understand this, and I won't explain this in any detail because it only works with people not believing this: BTC is the US's and the US needs this to succeed. China/Russia/etc. want it to fail. This is why you see them legalize BTC ownership at cycle lows and illegalize it at cycle highs, to try to crush its run ups. Modern day, this narrative is still partially foreign psyop, but also, as with all false narratives, partially perpetuated by the useful idiots that fall for it. Don't get confused and don't get shaken out. My expectation is long term up. But also, as with all things, anything is possible, so don't put all your eggs in one basket.

dumb boomers

Ok....

"BOOMERS AND THEIR REGULATIONS AND INSTUTIONAL BACKING."

"BITCOIN NOW HAS REGULATIONS AND INSTITUTIONAL BACKING? I'M GOING TO CUUUUUUUUU"

Sir, a major catastrophe is a margin call on MSTR, Even a mild recession and people selling bticoin could put enough downward pressure to liquidate him.

Mt. Gox, FTX - it has become battle hardened. This is a possibility but doesn’t pose true systemic risk to Bitcoin itself. All stores of value are expensive to run, maintain, and exchange by principle but Bitcoin is superior in this to all current alternatives which is its value proposition in the first place.

tulips and rocks meme

Lmao. Not even worth engaging with this.

Everybody says we're priced out of bitcoin.

You’re not priced out of bitcoin. You don’t have to buy a whole coin at once to invest.

5 years ago it was "Bitcoin will be the new currency! Look at the new ATMs!". The goalposts keep moving. "Bitcoin is independent of regulation and boomer institutions!" Now? "Bitcoin now has regulators and institutional backing".

This is also a tale as old as time. Wish I had counted the number of times I've seen this even in 2017.

Bitcoin being used as a currency for purchases would be a natural development of it superseding fiat first, which it will do through the process I just described to you. No one taking it seriously thought bitcoin would become the new dollar before it became an institutional bedrock, that doesn’t even make sense

Bitcoin being used as a currency for purchases would be a natural development of it superseding fiat first, which it will do through the process I just described to you.

It was supposed to have happened already and now it's not even a fucking talking point anymore. You've lost your own plot.

No one taking it seriously thought bitcoin would become the new dollar before it became an institutional bedrock, that doesn’t even make sense

Are you legit fucking braindead. These were the 2 talking points from 5 years ago:

"It's good that bitcoin doesn't have institutional boomer brokerages!"

"It will be a currency used by the people!"

Now you are saying it must first have institutional backing and THEN it will become a widespread currency? And again the "Bitcoin as currency" meme is fucking deader than dead. It's not on anyone lips anymore. Even you are saying "it might happen organically once all these pieces are place".

The anti crypto fags are literally arguing with strawmen. Five years ago it was “internet funny money will never be accepted by institutions” now they’re seething that it’s not only been accepted, but here to stay.

lol, highly volatile, bitcoin slow as fuck, expensive to exchange and hard to exchange or recover and you call it superior lel. Even visa is more energy efficient and 10000x in terms of throughput and security.

Good stores of value do not posses these features.

MSTR collapsing will just show that the "store of value" doesnt really store value when a single major player collapse will lead to 80% draw down. Eventually it will be too expensive to run and exchange compared to the actual value, and it will just kind of simmer out of existence like a fever dream.

It is a shit store of value, and you know this.

All these naysayers just sound like bitter nocoiners to me

. Five years ago it was “internet funny money will never be accepted by institutions” now they’re seething that it’s not only been accepted, but here to stay.

Uh, it was BTCtards that were saying that. "We don't want or need boomer institutional backing or regulations!" If there's money to be made (legally) institutions will jump on anything.

Your entire argument is

SOMEONE ELSE DESCRIBED IT DIFFERENTLY TO ME YEARS AGO

Don’t know what to tell you pal. You’ll find your arguments aren’t very effective if all you do is attack statements that no one is making and that aren’t relevant to the conversation.

So. Bitcoin went from $10->$110 000

That a lot of growth. Thats a 1 099 900% increase. How long do expect to get the same percentage increase from 110k?

Being "priced out" is the tard take that similarly sees penny stocks as better bets because it feels easier for something to go from $0.01 to $0.02 than it is for something to go from $100 to $200 or $100,000 to $200,000. This tardation is why stocks tend to go up after a stock split, because it feels better to buy 10 shares than just 1 or an fraction of one even if the shares all have the same sum value

>SOMEONE ELSE DESCRIBED IT DIFFERENTLY TO ME YEARS AGO

That "someone else 5 years ago" is just you right now. And in 5 years I will be saying "I thought it was supposed to be a store of value? Tards like you said so in 2025" and you will say "HERR DERR LISTENING TO SOMEONE 5 YEARS AGO!"

if all you do is attack statements that no one is making

They made them 5 years ago. Now you are just lying. You don't hear about Bitcoin being currency or "freedom" anymore. It's just "pump by bags Blackrock"

It won’t have the same increase. But I am about 90% certain that it will eventually hit $10m within a couple of decades, and am basically certain at this point that it will hit $1m within 5-10 years. If you want to gamble buy a lottery ticket or go all in on Indian scams, but if you’re even somewhat risk averse but want better gains than boomer investing strategies BTC is easily the strongest possible prospect anyone has.

But I am about 90% certain that it will eventually hit $10m within a couple of decades, and am basically certain at this point that it will hit $1m within 5-10 years.

It was supposed to hit $100k 4 years ago. I don't trust anything people like you say.

In 5 years you will have roped at your stubborn dedication to being a nocoiner resulting in you missing out on yet again on easy and near certain alpha

ITT shitcoiners having a meltdown against Maxi chads

If I'd have to bet on just one asset like this for a decade, I'd rather pick some humanoid robotics index (when there is one).

if you bought metaplanet like a week ago you're way up already

In 5 years you will have roped at your stubborn dedication to being a nocoiner resulting in you missing out on yet again on easy and near certain alpha

In 5 years I will be right. I can't imagine what the goal of Bitcoin will be in 5 years? "Currency? Fighting fiat? Store of value? Nah, that's all boomer stuff."

It always returns to emotional blackmail. Who programs you lot like this?

all these bitcoin scams are going to zero. there's way to much risk

Nice strawman faggot.

The institutional money is pumping our bags and I’m happy about it. (You)re the only one ITT seething about institutional buy in, not the BTCtards.

BTCtards won.

I’ll elucidate for you the exact trajectory that will happen and when it comes true I want you to send an apology to me through the spiritual enter realm

becomes collateral standard circa 2030 when central banks begin holding it as such (it’s already used as a treasury reserve)

parity with gold prior to 2040 following with the increasingly accelerated trend of BTC replacing gold in investor and treasury strategies

sustained inflation and fiat instability (obvious) will eventually see it being used as monetary reserve as a fiat hedge

least likely but still entirely possible scenario in the event of major debt default or other economic crisis = $10m+ rocket

emotional blackmail

Feminized leftist bitch detected

Your feefees got hurt lil bro?

Nice strawman faggot.

What strawman is that?

The institutional money is pumping our bags and I’m happy about it.

At least you admit it. Most BTCfards think Bitcoin will be currency, store of value, fight fiat, without any institutional involvement. That dream is dead.

And AGAIN, the plans and goals seem to change every 5 years. There is 0% chance your plan becomes reality.

Bitcoin fighting fiat was always, logically, going to be a process of it subsuming fiat by way of institutional submission. It’s a superior monetary infrastructure and that was always the claim. You can still buy in and reap some reward no coiny

Bitcoin fighting fiat was always, logically, going to be a process of it subsuming fiat by way of institutional submission.

AGAIN, the talking points were "fiat without instituions". Now your "fiat goal" is 20 years away (and will never happen) and institutions are on board.
I'm telling you, in 5 years you will be here saying something completely different and criticizing me for listening to you 5 years ago.

The strawman you’ve been repeating: that we’re supposed to be mad about institutional buy in because of some uncited posts you read half a decade ago.

No one is saying any of that here, but you seem to be hung up on it.

Why are anticrypto cucks so disingenuous bros?

can’t even find fault with anything I’ve said, can only rely on baselessly accusing me of previously holding positions which I’ve never held while dodging the fundamental argument I’ve put forth

Concession: accepted

Pure cope and rage

no one is priced out of bitcoin
you can buy a dollars worth if you want and that bitcoin will be worth more than that dollar a few years from now
but even if individuals could be "priced out", corporations and governments can still buy bitcoin
sometimes they'll buy from miners but sometimes they'll want more than the miners can provide so they'll try to buy from individual hodlers
some hodlers will sell but many will continue to hodl as is their wont and so the buyers will try to offer more money to coax and cajole the hodlers
in some cases, the buyers are legally obliged to buy, no matter the market price, like ETFs
being forced to buy and hold the underlying asset when a lot of people are reluctant to sell, will also drive up the price
But also nation states will want to buy and the same dance plays out as before only with larger whales
that's one reason the price continues to go up

five years ago

five years ago

five years ago

Someone reset the chatbot, it’s stuck in a loop.