Go to the video and pull up the transcript - read it. If you are more curious look at the TIMESTAMPS below and jump into the video at the time of interest to yourselves:
0:00 Introduction
1:38 New Bitcoin Only Playlist
1:49 New Record - Over 100K Views in 24 Hours
2:03 βΏπ₯πππππ‘π: Halving Closing In
2:09 βΏπ₯πππππ‘π: New Record Mthly Candle
2:27 βΏπ₯πππππ‘π: 4th BEST MONTH EVER
3:12 βΏπ₯πππππ‘π: First RED DOT Day This Cycle
3:41 βΏπ₯πππππ‘π: S2F Red Dot - Will Get Back to This
3:58 βΏπ₯πππππ‘π: OTC Cupboard is Bare
4:32 βΏπ₯πππππ‘π: Parabolic Times???
4:56 OCC: βΏitcoin Pumps after Exchange Drain
6:43 βΏπ₯πππππ‘π: Coinbase Sees Massive $1BN Drain
7:22 βΏπ₯πππππ‘π: Finkster Breaks Records
7:58 βΏπ₯πππππ‘π: 10BN + 161K BTC
8:48 Fastest Ever to $10 BN - $20BN Tgt Even FASTER
10:05 Witnessing Flippening of GOLD
11:06 βΏπ₯πππππ‘π: JVS Sums It Up
12:12 Joe Burnett - βGetting Out of Control - Quicklyβ
14:02 Red Dot S2F Step Change
16:22 New Modelingβ¦. Historic vs Today
17:45 New Modelingβ¦. Historic vs Today RESULT 18:17 βΏπ₯πππππ‘π: Samson Mow Believes $1M in 2024
18:42 βΏπ₯πππππ‘π: Vanguarded CEO Shown the Door! 19:41 βΏπ₯πππππ‘π: Mr 100 Still Buying
20:23 βΏπ₯πππππ‘π: Gensler Breaks the LAW AGAIN
21:16 βΏπ₯πππππ‘π: Transactional Freedom - RFK
21:48 Day 34 Raw Numbers
22:05 ETF Macro Update
22:53 ETF Best Money Flow Day from 34!
23:02 Total Money Flow Up and to the Right
23:13 Inflows into new 9 Double GBTC Outflow
24:00 338,700 Bitcoin in NEW ETFs
24:07 New Visual: Net Per Day + Cumulative
24:25 Bitcoin Chart Time
24:30 Best Chart Ever
25:06 βΏπ₯πππππ‘π: Rules of LIFE!!!! RULES MATTER Chapters
Oh, that's easy. "Bitcoins" are Tulips.
You can thank me for the Bitcoin rise. I sold off my vast fortune of $22 and it immediately went up.
Call for Mr Ponzi.
Jackson: In Vanguardβs view, crypto is more of a speculation than an investment. This is at the root of our decision to not offer crypto products, whether our own or others. With equities, you own a share of a company that produces goods or services, and many also pay dividends. With bonds, you get a stream of interest payments. Commodities are real assets that meet consumption needs, have inflation-hedging properties, and can play a role in certain portfolios. While crypto has been classified as a commodity, itβs an immature asset class that has little history, no inherent economic value, no cash flow, and can create havoc within a portfolio.
“In any single trading year there is only 24-hours where all profits are made.”
Most days are profit days.
“You must choose the best in every class to win”
You only have to avoid the losers to win.
If I had 100 of them right now, I would sell about 30 of them, buy gold, because unlike bitcoin gold is real. Bitcoin, like any type of fiat currency is only worth what the perception is about them. In other words, they could become worthless overnight at any time. Gold will not do that.
Bitcoins ARE tulips, except tulips are a better bet and are much prettier.
And you can explain a tulip.
Nobody can explain a Bitcoin.
BTC is setting record highs in part due to the fiat printing.
It always ends up in high risk assets.
With the brokerages offering BTC spot markets-
it looks like everyone all aboard before we yank the carpet out.
No, inflation has not been 7%/yr for 100yrs.
You’re a bright guy, no need for hyperbolic exaggeration to sell something on it’s own merit.
fwiw-
commonalities of manias
1)Outrageous price predictions
2)Everyone and their grandmother is involved
3)Anyone can do it
It largely fails on all three or is nowhere near tulip mania , dotcom, housing bubble etc....yet.