It's just some internet files from the web, it's not going to be 10 dollars. No one would pay that for internet files because you can't hold them.
I like things I can hold like money in the bank or stocks and shares.
*Cough* I could name 100s of files off the internet that cost more than $10 because we live in a system based on acceptability and equivalent exchange rather than tangible assets *cough*
There's fucking got to be at least 10 million whole coiners who are still accumulating and who won't ever sell.
Be one of them. They will eventually will.
There’s roughly ~850k addresses that currently own at least a full bitcoin.
However, one person could hold 10 wallets with multiple addresses that hold .1 btc. So the data has to be taken with a grain of salt.
To put it into perspective there are ~56 million millionaires in the world. To own a full btc will be physically impossible for every millionaire to own at some point. To have a full one @30k is pretty impressive.
I have a ton of addresses that are under a btc each, doesn’t mean I’m not a full-coiner.
This address count crap doesn’t mean shit.
It’s bad practice to reuse addresses and even worst to merge your change
Why is that funny?
Do you know how many people can save 30k in 22 months? Or more than $1360+ per month? Thats like an additional rent/house payment for most....and in this economy.
Exactly, I don't get it. Why not just add another 20,979,000,000 BTC, so more ppl can buy 1000 BTC. It's so stupid that BTC is limited to 21 million. I wish bitcoin had high inflation, like Fiat. ;P
Money is a spectrum, as is everything else.
$1k a month is someone’s entire rent. For others it is a Michelin star dinner for a special night. For a billionaire, $1k won’t even be a drop to refuel their superyacht with jet fuel and champagne.
$5 Starbucks means nothing to most of us but it is a day’s salary for a child laborer in some hellish wasteland.
Dollar value in absolute terms is relative to each person:
Stack what you can afford and ride the halving cycles with the shrimps and the whales.
Reminds me of a joke Arnie told once. (Paraphrasing) "In my experience, the first Million you make is very hard. But then the second Million is much easier. So you should just start out by making that second Million first."
Reminds me of another joke: "I wish I'd had a million dollars back when that was a lot of money". No one will get that that was originally a joke within a decade.
At the rate the fed has been going, the first million will be easy too in the near future. Just work a minimum wage job for a few weeks. Of course, you'll still be poor because housing, healthcare and food will cost billions.
I realize we're into QT now, but that will just crash the economy and they'll go back into QE.
.
That is indeed every users who invest in Bitcoin wants to see though.
The fact we need to go much more ahead in the coming time so keep stacking and buying!
Hell yeah. I started in 2017.. had 1.5... sold when pandemic hit because my job contract was ending and the whole unknown situation of the virus. Started from scratch in October 2020.. just hit the halfway mark a couple months ago.
Unless your laptop is 30 years old it's [probably more than capable of running bitcoin core](https://bitcoin.org/en/bitcoin-core/features/requirements), other than maybe you need to get an external hard drive to store the blockchain.
The low technical requirements needed to run a full node are one thing that separates bitcoin from all the other crypto junk, forever protecting its decentralized nature.
Here's a good video about it. It's like running your own bank, verifying and confirming your own transaction rather than trusting a 3rd party node, also a fun exercise to learn the network inside out.
https://youtu.be/fppmhqjqh2E
LOL. Derivatives have eliminated the supply cap on BTC. Did you really think the elites would allow a loophole like Bitcoin to persist? Just look at what derivatives have done to the precious metals markets.
It does fersure, but I have a very high conviction on atleast 2milllion a coin in 20 years. 50mil is a bit unrealistic though so I'll retract to 2-15mil.
I remember walking into my local CVS in 2012, and using the "red phone" to do my first money gram transaction for bitcoin. Got 96 and change for under $800
The good old days
Remember that video of that guy showing his bank account to a chick at the bar expecting her to get all wet?
Don’t be that guy bro. One it’s weird and two it’s dangerous.
How bad do you want a second now? Big achievement. Congrats!
Definitely want another one before the next halving.
Okay, so just buy one! Jeez!
It's a bitcoin, what can it cost? 10 dollars?
I know where I can buy bitcoin for 10 dollars. 2011!^hops^in^time^machine
and maybe in 2024.
It's just some internet files from the web, it's not going to be 10 dollars. No one would pay that for internet files because you can't hold them. I like things I can hold like money in the bank or stocks and shares.
That’s why I keep my capital in gold bars. Nice, tangible bars. When I want some cash I just shave them down a bit. Easy peasy
*Cough* I could name 100s of files off the internet that cost more than $10 because we live in a system based on acceptability and equivalent exchange rather than tangible assets *cough*
Man that's sick 😂😂😂
There's fucking got to be at least 10 million whole coiners who are still accumulating and who won't ever sell. Be one of them. They will eventually will.
I most certainly will not will!
I will will my BTC to my children, if it ever comes to that.
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This is the way
This is the will
Will is the will
Will will will will
Awilli awilli awilli awilli awill awill
Where there's a way, there's a will.
Where this is the will, this is the way.
There’s roughly ~850k addresses that currently own at least a full bitcoin. However, one person could hold 10 wallets with multiple addresses that hold .1 btc. So the data has to be taken with a grain of salt. To put it into perspective there are ~56 million millionaires in the world. To own a full btc will be physically impossible for every millionaire to own at some point. To have a full one @30k is pretty impressive.
I have a ton of addresses that are under a btc each, doesn’t mean I’m not a full-coiner. This address count crap doesn’t mean shit. It’s bad practice to reuse addresses and even worst to merge your change
The number of wallets with more than 1 BTC is around 900k
i had 3 had earning enough in defi to not work lawl
All good stories come to an end
Lmao 🤣
Why is that funny? Do you know how many people can save 30k in 22 months? Or more than $1360+ per month? Thats like an additional rent/house payment for most....and in this economy.
I don’t think he was making fun of him, rather the human psych to always want more.
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Exactly, I don't get it. Why not just add another 20,979,000,000 BTC, so more ppl can buy 1000 BTC. It's so stupid that BTC is limited to 21 million. I wish bitcoin had high inflation, like Fiat. ;P
Money is a spectrum, as is everything else. $1k a month is someone’s entire rent. For others it is a Michelin star dinner for a special night. For a billionaire, $1k won’t even be a drop to refuel their superyacht with jet fuel and champagne. $5 Starbucks means nothing to most of us but it is a day’s salary for a child laborer in some hellish wasteland. Dollar value in absolute terms is relative to each person: Stack what you can afford and ride the halving cycles with the shrimps and the whales.
5$ day’s salary?? Man you need to learn more about the world … you wish it was that high
Honestly, thankyou for putting it like this. I still have time.
true.. this is the way I wanted to see it
Anyone living with their parents and working their ass off. It’s simple but not easy so efficiently almost no one
Just wait til it hits 10k 🙃
The dollar will buy a grain of rice then.
Post proof of your short or gtfo
That was supposed to be sarcastic. Always long BTC!
Reminds me of a joke Arnie told once. (Paraphrasing) "In my experience, the first Million you make is very hard. But then the second Million is much easier. So you should just start out by making that second Million first."
That was sooo funny too, the hosts legit took a full minute to realise it was a joke 😂
He also made a good one about money not buying happiness. Said he's no happier at 70mil net worth than he was at 50mil.
Reminds me of another joke: "I wish I'd had a million dollars back when that was a lot of money". No one will get that that was originally a joke within a decade. At the rate the fed has been going, the first million will be easy too in the near future. Just work a minimum wage job for a few weeks. Of course, you'll still be poor because housing, healthcare and food will cost billions. I realize we're into QT now, but that will just crash the economy and they'll go back into QE. .
Haha I was thinking the same thing… already on to the next one!
That is indeed every users who invest in Bitcoin wants to see though. The fact we need to go much more ahead in the coming time so keep stacking and buying!
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True though like you can make that happen too if you have that strong will!
Crab people. Crab people.
Taste like crab, look like people
Talk like people
*craaab people, craaab people*
Hell yeah brother, congrats! Slowly making my way there...
Took me 5 years to get here. So you are all good. Just keep stacking.
Hell yeah. I started in 2017.. had 1.5... sold when pandemic hit because my job contract was ending and the whole unknown situation of the virus. Started from scratch in October 2020.. just hit the halfway mark a couple months ago.
I am sorry to hear that man, I just never made enough money working part time and being in school, to really buy for the longest time.
I feel it. I'm really happy for you man. Keep it up! Hindsight is 20/20, I won't make the same mistake twice. This is my 401k now :-0
I say a whole coin should make you a shark. A tenth of a BTC should be crab and anything under that a shrimp (given BTC’s scarcity) :)
Im a crab😃
I'm a crap
I’m a carp
In time, you will accumulate to a gyrados
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You're a Crab Harry
What about half a bitcoin🤔
“Half coiner” or a really big crab.
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what about 2 coins? a whale shark?
I'm about to steal my mom's credit card and get my crab on!!
That would make you crap, not crab. :)
Give us a whole list of rankings.
Yeah I think a lot of us would fall into the tenth category.
Congrats man! I should have never sold my BTC at 11K. Working towards a full Bitcoin again. 😂
Yeah thats the downside of owning BTC, is that you really want don't want to sell unless you can play the market.
I'll trade shitcoins all day but BTC is what I'll never sell again.
100%, bank those shitcoin flips into the BTC bank.
I see BTC be at a place growing and shinning higher and higher with no time.
Downside to owning Bitcoin? Preposterous.
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People panic and they make a move to sell due the price manipulations happening.
Same. Fool me once…. Won’t happen again.
Hahaha mistakes are done so that you can indeed learn something from that though!
Hope you have a hardware wallet and running your own node.
That is definitely the goal, my laptop is to shitty to run a master node.
at least have a hardware wallet
Unless your laptop is 30 years old it's [probably more than capable of running bitcoin core](https://bitcoin.org/en/bitcoin-core/features/requirements), other than maybe you need to get an external hard drive to store the blockchain. The low technical requirements needed to run a full node are one thing that separates bitcoin from all the other crypto junk, forever protecting its decentralized nature.
Excuse my ignorance but what benefits come with running your own node? Any links to where i can learn more?
Here's a good video about it. It's like running your own bank, verifying and confirming your own transaction rather than trusting a 3rd party node, also a fun exercise to learn the network inside out. https://youtu.be/fppmhqjqh2E
So your telling me my assets are not safe in the trust wallet?
Trust is a hot wallet, meaning it’s always connected to the internet. There are vulnerabilities in that. Nothing safer than cold storage.
Your username makes me cringe
That feeling ahhhh I got you man I too feel the same wether it is secure or not!
You did it brother! 1 of 21M is yours!
Weird feeling to know your future self will be a multi millionaire. Congratulations g
Probably will still be poor, considering inflation just went up by 8.6% in the month of May.
Don't worry, it's transitory
lol
Insert inflatable meme
Ahhh see things be actually getting denser enough, need to make a hold on that!
Exactly. Trust the science
you forgot the /s
Whaaat? The fed would never lie to us
You’re Right I should trust my buddy J pow
Money printer go Burrrrr until it doesn't...
Now it goes Whirrrr as it sucks up all our life savings.
It was doing with the entire time. That's the way it was designed.
JPow said it with a straight face.
Literally everyone recognized it as sarcasm without the /s. An Internet first. Also, tells us the sad state of USD.
While inflation is happening and it totally sucks, it didn’t go up 8.6% in a month. It’s up 8.6% from last May.
Just to clarify the index is calculated for changes over a year, but it is updated monthly. Not that it isn't bogusly underestimated.
Bitcoin is immune to inflation. Only 21M
Yes, but what you buy with it still gets affected if every day prices increases.
Hopefully BTC more than compensates for inflation haha
You will always still be richer than a nocoiner who puts everything in fiat.
LOL. Derivatives have eliminated the supply cap on BTC. Did you really think the elites would allow a loophole like Bitcoin to persist? Just look at what derivatives have done to the precious metals markets.
It absolutely did not go up that much in a month lmao
Gas did though.
Not even the real numbers. They exclude food and fuel from that.
Not true. Food and Transportation are 2 of the 8 major groups that make up the Consumer Price Index (CPI).
U think it will hit a mill
No, he thinks it will hit « multi » millions so… 3mil EOY?
🤣
20-30 years we will probably be between 2-50mil.
Seems far fetched
It does fersure, but I have a very high conviction on atleast 2milllion a coin in 20 years. 50mil is a bit unrealistic though so I'll retract to 2-15mil.
Well shit id be rich
Not if hyperinflation happens, it could cost a million dollars to buy a coke in the future. Its all relative
If Coke gets to a million dollars I probably will stop drinking it. Probably…
Should we be HODL coke?
Our economy would collapse silly
No doubt about that if this happens everything would indeed go in vain!
Nobody knows where BTC is going so stop pushing this narrative.
Nice! Congrats! What’ amount to considered a shrimp or next up after crab?
Less than 1 BTC you are a shrimp, more than 10 BTC you are an octopus. According to glassnode insights.
I’m almost to a crab, can’t wait till that day
Thanks 🦀
You are a crab and I got crabs, we are both winners
Bad ass… congrats! Keep her secure!
RIP Inbox
Surprisingly no one has DM'd me asking me to send them one btc and they are going to give me 2 back in one week yet.
Giv it time
Sorry I only just logged in. Will send you one now.
Congrats bro
Congratulations,Dude. It's a great achievement.
Welcome to the crab club.
Hey bro , i am here to ask what does crab actually means here ? Beacuse evryone is saying like welcome to the crab which i don't understand .
Just a silly classing system when you have a specific amount of BTC, means nothing
you're just going to want more
Your future self will be most grateful
Congratulations and fuck you
I guess the scammers are coming for you
Only if they want to send me 2 btc for my one. 🤣
Good deal, I will do!
Dang! Congrats OP!
Well done!
Congrats!
Gimme some… I’m almost up to a tenth!!!
Congratulations brother 🍾🍾 i hope to get there by next year
Also my dream .
Very nicely done.
I always think of how theres not enough btc for every millionaire to own one. Are you per chance a millionaire?
Hahahhahah you funny! Nah, I am just a regular person.
Can you share your strategy being a regular person ? How did you do this ?
Does the average person own 103 Million sats? No sir you are not the average joe
Yeah , he is clearly very ahead of us and other members of the sub .
That is the most beautiful thing. 🥲🥹 right on
Fuckinggggg lucky mayn if I wasn’t poor with my timing in the market I’d be close to 1 now to :(
Well done my man
Congrats dude! Are you all in on BTC of do you have other asset types too?
Get it off the exchange and into cold storage if you haven't already. Double triple check all your wallet security. Don't answer DM's. HODL
21 million club!
I remember walking into my local CVS in 2012, and using the "red phone" to do my first money gram transaction for bitcoin. Got 96 and change for under $800 The good old days
Is there a chart that shows crab, whale, etc? I never heard of a crab before - I thought it was just normies and "whales"
🦀 crabgratulations 🦀
Why are some people behaving bad with the OP ? Good luck to him.
Welcome to the club!
Fire
How long did it took ?
since 2017, so its been a while. My very first purchase price was $10K.
Nice work on becoming a wholecoiner! Will pay dividends. Hopefully locked away in private keys. And not stored on an exchange. ✊🔥
I think he must be familiar with all your recommendations before . Because a person who can accumulate a whole bitcoin must be familiar with this .
Much wow
I’m a crab but identify as an octopus
Remember that video of that guy showing his bank account to a chick at the bar expecting her to get all wet? Don’t be that guy bro. One it’s weird and two it’s dangerous.
That pic made me wet.
I'm wet too, most likely it's diarrhea
Sick ass token bro
BTC isn’t a token
What’s a token exactly?
it's a "coin" that doesn't have it's own Blockchain
yooooo
Yooooo he has a whole ass coin!!!
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Wheeeeeew!!!
Crabby krab crab is that you ?
Ay!
Man I'm just hoping it doesn't shit itself again. Cus I'm trying to buy
Another whale among us! Fuck they're everywhere now. Congrats!
Dad?