One of my friends told me about BTC in 2012-13. It was under $100. I said it's too expensive. Now I'm accumulating under $20,000. My friend retired a long time ago, and I'm still in the rat race.
Same here, knew about it back in 2013, thought it was the stupidest idea I had ever heard off. Last year 2022 was when I started understanding it more, bought in 1 Bitcoin 20K lol, it sucks but let’s hope it pays off in 7-10 years
I’ve been buying $100 of BTC a week for the last 4 1/2 years. I own almost 3 Bitcoin. People are gonna be punching themselves when they realize how valuable this coin is. It will be the new currency standard. 1 Bitcoin always = 1 Bitcoin
This is great. I wish I had included this comment in my most recent Medium, as an ode to time in the market vs timing the market. medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
@@kaisasong1332 and that’s typically regarded as the lower bound of the range. 3-4 million is the estimate I keep seeing. That’s 14-19% of the supply.... crazy!
@@motopolak its inevitable crypto will denominate assets, just not within our life time. Im here for generational wealth. Gold will continue to lose value once space mining becomes a thing and we find more in other planets. bitcoin on the other hand will forever stay 21 million
Awesome video! I buy BTC every Friday at a fixed amount no matter what the price is. My conviction rate is high so I’ll be doing this for a very long long long time lol
Friday is a decent time to buy before the weekend pumps. But sell offs on Mondays might be better, or splitting the difference and buying on Wednesdays. What’s your average cost, do you know?
I had a goal to own one bitcoin. Ive reached it. Actually 1.1 Bitcoin. I really appreciate this video. Now, It’s held in a Roth IRA, so, Ive got some counterparty risk. But, I really hope Bitcoin works, and I hope it’s worth a lot in the future. Still, my strategy has been not to put more money into crypto than I can afford to lose. 🤷♂️
@@FilnetMgnigon Absolutely. I understand the Roth IRA strat, and I'm doing it myself. But the firm could disappear at any moment and seems to switch banks by the day. Even the very best outcome for bitcoin might mean nothing to me until I get much more into my own cold wallet.
The utility is literally that it's economically scarce value that can be moved and settled at the speed of light. You can't talk about utility without talking about scarcity.
@Ashran Bakth Not true. L2's can increase speed of base layer processing of transactions. But BTC is really like Gold v Silver. Silver, or a stablecoin, is used better as a transaction person to person. Bitcoin, or gold, is used as a storage of value or transactions between governments. Scarcity is what creates a store of value. Land is scarce, but illiquid and you have a small sphere to transact in. Gold is liquid, but hard to move. Bitcoin is liquid, easy to move, and scarce.
Thanks for sharing these valuable insights. Most people are scared off by the price for 1 Bitcoin. This was me until early 2022. But once the penny drops, you realise that you don’t even need a full Bitcoin. Learn about Bitcoin. Then invest what you can afford each month. And you are protecting your financial future.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day.
From 2017 until now, 2023, this has not changed: My family and friends believe it's a scam. They won't research it. Paypal, Visa, Schwab, most western countries, are investing. Web 4.0 is all about finance, and blockchain is the basis. This has more than doubled our retirement savings. I strongly recommend everyone buy some, ANY, BTC and ETH, and just "fuggedaboutit" for a few years. That's if you're passive. $2K ETH and 20K BTC will still be a deal in 10 years.
Both - during bears DCA in and during bulls DCA out to take profits to hold some cash for next bear market. Although, most maxis will just DCA in forever and hold bitcoin at whatever price.
It is all relative. My question is. Isnt the "collective point" we all utilize a portion of the whole. Meaning sats . All things of value will have a cost of a portion of the whole.
I've purchased just under half a coin and Im struggling to accumulate a single coing before the next bull run. I know now that over time it will get harder and harder to do that which is why Im doing what I can now. But im neashing out. After what happened in canada, I pulled out all my savings from my bank and dumped it into BTC where it will stay forever until it becomes the new standard currency of freedom lovers and theres more adoption amongst businesses. I see what the end game is for these oligarchs.
Thanks for uploading. New subscriber here. Looking forward to playing catch up (& mustard) w/the previous episodes & taking in future content. Take care everyone
Oh I'm so happy I found your page. I truly like how you aren't just speaking to the wealthy. I truly appreciate that you are taking the time to show people that even 100 200 $1,000 could potentially bring hundreds of thousands of dollars into your life if you're willing to wait for it. And that's what blockchain's about also the progression of life. Remember not your keys, not your crypto. Only invest what you're willing to lose. Happy hunting!
Great video. I have thought about this aswell. The example I share with ppl is…. Nearly 60 million millionaires globally, 21 million BTC. Then acct for current whales etc & the rest of 8 Billion pop globally!
just recently got my .1 BTC for around 7k, and I want more honestly. Im very bullish on it, and I think not the next halving, but the halving after that in 2032 when the block reward becomes less than 1 BTC every 10 minutes will be a big sign to people just how scarce it really is. Your statistics become even more wild when you consider its estimated that theres really only about 13 million coins actually in circulation
100% I added some more onto this after I published it and shared it on my Medium. There I talk about other factors which make Bitcoin even scarcer. All of this was said before institutions were buying millions daily too . . . medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
How long will it take all of you guys to realise that all these people talking financial advisors here are scams? When you can use Gorilla GPUS and earn over 100k
You said the last Bitcoin is gonna be minned "Somewhere around the year 2140" Can you imagine what value and price of Bitcoin will be around that time.
Just in case there are any #bitcoin haters in these comments - ua-cam.com/video/5NlV-xBaYRI/v-deo.html Or people who want to read more about 0.1 #bitcoin being scarce - medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
There’s roughly 50 million, millionaire’s in the world. Once every millionaire realises how precious btc is, there already isn’t enough for every millionaire to have one btc ;)
@grantdunnit I thought your input on this episode was so good, I quoted it on my most recent medium article. If you don’t want to be quoted, let me know and I’ll blur your handle out. Thanks again for checking out the video and leaving a solid comment! medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
Bitcoin mining fees will disappear when the Bitcoin supply reaches 21 million. Miners will likely earn income only from transaction processing fees, rather than a combination of block rewards and transaction fees.
Great convo to get someone who doesnt know anything#Bitcoin to get in on it. Getchu something no human has control over its supply. #Bitcoin to the 🌕 baby
So i have like 85k in stocks and im 34 years old.... ive been thinking of buying some bitcoin as a hedge in case stocks start sucking. I hold mostly Tesla and AI stocks, stuff that will probably see high returns over years. But will iw be like bitcoin? Idk. I thibk ill get at least .1 btc and just HODL until returement age and see where it takes me.
0.1 BTC is a great to start. To read more about why, check out this article which was inspired by this episode - medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
This looks to be a non shipcoin channel. Will keep my eye on it. And all your points are correct. I try to tell everyone I know but it falls on deaf ears. Oh well.
Fair warning - I do cover 💩 coins but am a maxi at heart. Please follow along and let me know if there’s any content you’d like to hear more on. And yeah, I’ve told everyone IRL who will listen and rare people even take the time to learn. As the saying goes “everyone gets #bitcoin at the price they deserve!”
21 million - 1 BTC 42 million - 0.5 BTC 84 million - 0.25 BTC 210 million - 0.1 BTC 420 million - 0.05 BTC 840 million - 0.025 BTC Folks just don't understand just how scarce bitcoin really is.
@jeffhogancamp5379 I thought your input on this episode was so good, I quoted it on my most recent medium article. If you don’t want to be quoted, let me know and I’ll blur your handle out. Thanks again for checking out the video and leaving a solid comment! medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
@@futuresignalpod No Problem at all. It's good to let people see just how scarce it really is and how much scarcer it will be in the future. Keys are lost everyday to more Bitcoin. What would people do if we suddenly has less and less Gold?.. Have a good weekend.
If you were born in the year Bitcoin was created you would be 22 in 2030. Those people will only have known a world that existed with bitcoin in it. Would they put their money into gold or Bitcoin to preserve its value? Every year that ticks by the balance tips to Bitcoin over gold for preserving value for the new guard. It Bitcoin equals gold’s market cap of $12 trillion you are looking at a bitcoin valuation of ~$500k per coin. That’s a bet worth taking in my opinion.
You forgot the infinite government money, sooner or later they will have to allocate their infinite money in things... btc can't die by this. Only turning off all computers at same time. You're a slave
I like to compare bitcoin to gold bullion… Looking on the gold above ground, there are over 200 Troy oz of gold for every 1 BITCOIN… so 0.1 Bitcoin is equivalent to 20 ounces of gold… which is a lot.
It doesn't need to be used for payments to be mass adopted. Gold isn't used for payments, even if it once was millennia ago, and it's market cap is around 10T.
Started buying 2017 lost all then 2018 lost all again, made a plan and didn't have up, left the rat race 2022, I believe I hit financial freedom around 2026, never give up!Priceless content as always! Buy Bitcoin and buy borrow die with it! 💪👑💰✈️ GTFO the matrix!
I don't think we are reaching 100% adoption ever. There will be countries with legal obstacles, elder people who can't understand or use it, or children under 10 or so, etc. 60% adoption is more realistic. But if i'm not mistaken, there are almost 3M BTC which is lost forever. And another comment is yes, that halving could be a growth factor, but i think with the upcoming cbdc-s many many people will turn to bitcoin, demands will be super high. Take a look what happens now in Nigeria, on p2p networks people are selling it 50% more than its value rn.
100% adoption of any tech is very unlikely, you're right. I extrapolate more on the lost bitcoin, hurdles to full adoption, etc in this article - medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
One of my friends told me about BTC in 2012-13. It was under $100. I said it's too expensive. Now I'm accumulating under $20,000. My friend retired a long time ago, and I'm still in the rat race.
As the saying goes, “we all get #bitcoin at the price we deserve”. Lord knows I wish I stacked more when it was at $3k in 2019/2020.
Same here, knew about it back in 2013, thought it was the stupidest idea I had ever heard off. Last year 2022 was when I started understanding it more, bought in 1 Bitcoin 20K lol, it sucks but let’s hope it pays off in 7-10 years
@@Josytt Never too late to buy a timeless commodity.
I heard in 2011 was like it’s a scam ending up jumping in luckily before the gold rush
@@boredalchemist huh?
I’ve been buying $100 of BTC a week for the last 4 1/2 years.
I own almost 3 Bitcoin. People are gonna be punching themselves when they realize how valuable this coin is.
It will be the new currency standard.
1 Bitcoin always = 1 Bitcoin
This is great. I wish I had included this comment in my most recent Medium, as an ode to time in the market vs timing the market. medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
Its even scarier when you realize that it will never be 21 million coins, due to irreversibly lost coins and other factors.
roughly 3 million btc are lost
@@kaisasong1332 and that’s typically regarded as the lower bound of the range. 3-4 million is the estimate I keep seeing. That’s 14-19% of the supply.... crazy!
@@motopolak its inevitable crypto will denominate assets, just not within our life time. Im here for generational wealth. Gold will continue to lose value once space mining becomes a thing and we find more in other planets. bitcoin on the other hand will forever stay 21 million
@@kaisasong1332 Bitcoin may be happening much sooner, rather than later... The folks buying Bitcoin are going to be very, very wealthy...
@glitch0000 can I use this comment for future content?
Awesome video! I buy BTC every Friday at a fixed amount no matter what the price is. My conviction rate is high so I’ll be doing this for a very long long long time lol
Just set upped my DCA to take full advantage of the #crypto winter. Glad to see you’re doing the same 👍🏽
This is the way.
Excellent, very smart investment, when it comes to Bitcoin, Buy Buy Buy !!!
Friday is a decent time to buy before the weekend pumps. But sell offs on Mondays might be better, or splitting the difference and buying on Wednesdays. What’s your average cost, do you know?
If it doesn't run out lol
I had a goal to own one bitcoin. Ive reached it. Actually 1.1 Bitcoin. I really appreciate this video.
Now, It’s held in a Roth IRA, so, Ive got some counterparty risk. But, I really hope Bitcoin works, and I hope it’s worth a lot in the future.
Still, my strategy has been not to put more money into crypto than I can afford to lose. 🤷♂️
I think that’s a super solid strategy! Congrats!
Your next attempt should be to get a second Bitcoin with self custody
@@FilnetMgnigon Absolutely. I understand the Roth IRA strat, and I'm doing it myself. But the firm could disappear at any moment and seems to switch banks by the day. Even the very best outcome for bitcoin might mean nothing to me until I get much more into my own cold wallet.
@@dingfeldersmurfalot4560multi sing that shit bro their going come at time its going to be 100k to 250k
So you don't actually own a whole Bitcoin? Gotcha!
I’m here for its utility, not for its scarcity. And when the rest of us are here for its utility, then it truly will be scarce.
Best take on #bitcoin I've heard in a while!
The utility is literally that it's economically scarce value that can be moved and settled at the speed of light. You can't talk about utility without talking about scarcity.
Exactly… no utility in bitcoin if it’s supply wasn’t scarce
If you are talking about Bitcoin being used as a payment method, it can’t be because of the 7 minutes per transaction. The scarcity is the utility.
@Ashran Bakth Not true. L2's can increase speed of base layer processing of transactions. But BTC is really like Gold v Silver. Silver, or a stablecoin, is used better as a transaction person to person. Bitcoin, or gold, is used as a storage of value or transactions between governments.
Scarcity is what creates a store of value. Land is scarce, but illiquid and you have a small sphere to transact in. Gold is liquid, but hard to move. Bitcoin is liquid, easy to move, and scarce.
I have studied btc for 5 yrs now, i have come to know that owning even 0.01 btc will be huge by 2050.
Agreed because by 2040 that’s almost more than the block reward!
Thanks for sharing these valuable insights.
Most people are scared off by the price for 1 Bitcoin. This was me until early 2022.
But once the penny drops, you realise that you don’t even need a full Bitcoin.
Learn about Bitcoin. Then invest what you can afford each month. And you are protecting your financial future.
100% agree
DCA remains kind!
The UA-cam algorithm finally did something right. 👏
Yessir 🎉
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day.
Same for most. Most got in far nearer the top than the bottom.
My buddy Nick tried to get me into Bitcoin when it was $99 and I told him it sounded like a scam 💀
Where is your buddy Nick these days? 😏
@@motopolak he has 2 lake houses and started a marijuana business in Maine
Rather later than never my friend. My friend mention something like too.
Start buying Bitcoin, Jay... its still early to Bitcoin... you will be very very wealthy...
From 2017 until now, 2023, this has not changed: My family and friends believe it's a scam. They won't research it. Paypal, Visa, Schwab, most western countries, are investing. Web 4.0 is all about finance, and blockchain is the basis. This has more than doubled our retirement savings. I strongly recommend everyone buy some, ANY, BTC and ETH, and just "fuggedaboutit" for a few years. That's if you're passive. $2K ETH and 20K BTC will still be a deal in 10 years.
I have 2 BTC I bought back in 2019, I’ll hodl for 10 years or more✌🏼
Legend status!
Don't be afraid to take Profits and Reinvest along the way 🤟 much love!
@@marcellomenji Never a bad thing to take profits!
Don't post how many bitcoin u own publicly
Should I DCA during a bull or bear market?
Both - during bears DCA in and during bulls DCA out to take profits to hold some cash for next bear market. Although, most maxis will just DCA in forever and hold bitcoin at whatever price.
Here we are 3 months later and 0.1 BTC is now $3,000!
Yup, up from $1,750 when this was recorded.
Roughly 3.5k now!
@@tygotcha7$4k now
4.7k now
@DaniloOliveiracanal bitcoin etf confirmed get ready for a enormous amount of capital to inflow ahaha
Bitcoin IS a commodity. The alt coins are not. At best, they are securities.
The technical analysis you provided was very easy to follow.
Thanks!
Let me know if you’d like content on any specific content.
21 million is too optimistic. Best estimates say that actually 3-4million coins are lost forever. So let's say there is only about 17 million Bitcoin.
It is all relative. My question is. Isnt the "collective point" we all utilize a portion of the whole. Meaning sats . All things of value will have a cost of a portion of the whole.
Yes, great analysis.
imagine the amount of BTC that was lost due to misplaced keys, lost wallets or people who died and held BTC...MINDBLOWING
Millions . . .
I've purchased just under half a coin and Im struggling to accumulate a single coing before the next bull run. I know now that over time it will get harder and harder to do that which is why Im doing what I can now. But im neashing out. After what happened in canada, I pulled out all my savings from my bank and dumped it into BTC where it will stay forever until it becomes the new standard currency of freedom lovers and theres more adoption amongst businesses. I see what the end game is for these oligarchs.
Love the conviction!
Thanks for uploading. New subscriber here.
Looking forward to playing catch up (& mustard) w/the previous episodes & taking in future content.
Take care everyone
Exciting to hear! If there’s an episode/topic you want to hear more on, leave a comment!
If someone heard your advice now he would have made his mone almost 3x
I bought now 0.2 and i am planning to get more
yeah, wild that it was only recorded just a year ago . . .
Good video. I now feel better about the quantity I hold.
It def allows most #btc holders to feel solid with their bags. (I for one)
Continue to Increase your quantity of Bitcoin ! You won't regret it !
Imagine becoming a millionaire out of $2K dollars today. Guess we're still not too late.
It’s eeeeeaaaarrrly
who would have predicted from USD0 , it is now USD23K (even after a 75% decline) ..... its unreal.
It’s wild ⚡️
Interesting exercise. If you add miners economics it gets more complex
On a future episode, we’ll examine how much BTC is in cold storage and hasn’t moved in more than 12 months and how much has been lost.
Still in the rat race on a diet of ramen noodles, white rice with eggs, and water. I hope Bitcoin set me free. 😢
Yo, love this comment! Whatever it takes for some SATS!
How much is needed to buy bitcoin
As they say, whatever you're okay with losing lol
Skin in the game...Stack and Hodl.Good luck to you all...
Thanks!
Soooo being apart of the 21 million club is pretty good then?
Yup! (#notfinancialadvice)
@@futuresignalpod I'll keep that in mind 👀
Definitely not already a member 😉
@@1cjrules1 All are welcome!
There is no 21 million club think about it.
If so , you're part of elite of the elite !
When you said,, Every human on Earth" You proved you're livin’ in la- la land.
Hence the hypotheticals.
Good video, keep it up!
Let us know if there's any content you'd like us to create related to crypto, web3 and blockchain.
Oh I'm so happy I found your page. I truly like how you aren't just speaking to the wealthy. I truly appreciate that you are taking the time to show people that even 100 200 $1,000 could potentially bring hundreds of thousands of dollars into your life if you're willing to wait for it. And that's what blockchain's about also the progression of life. Remember not your keys, not your crypto. Only invest what you're willing to lose. Happy hunting!
🫡
Great video. I have thought about this aswell. The example I share with ppl is…. Nearly 60 million millionaires globally, 21 million BTC. Then acct for current whales etc & the rest of 8 Billion pop globally!
Totally. The napkin math is so simple and clear.
Bitcoin is not scarce it is finite .. BIG diff brother. Good show tho :)
Finite is scarce for humans, right?
@@futuresignalpod Gold is scarce .. Bitcoin is finite
@@gaeldesmontagnesnoires1711 gold is not scarce
@@martinezjames83 Fine.. let's call it rare
Once the last Bitcoin is mined in 2040, what is the incentive for miners to keep securing the network?
This is the question that neither you or I will be around to answer. I’ve seen some info on this and think I’ll create some content on it.
Its 2140
They will still earn transaction fees
Super cool video! Do you think mining Gorilla GPUS will pump before ETH? I ask myself if there is a pattern in the order of the altcoins pumps.
Good listen!
Thanks for checking out the episode! Let us know if there’s something else related to Bitcoin you’d like to hear.
keep stacking!
On it 🫡
Do you DCA during a bull market?
It’s probably more scarce than that as not everyone in the world has got access to Internet
Totally!
Great work Jarrett! Please everyone save yourselves! Get in the life boat.
On it 🫡
Also lots of people have lost their wallets and can not be recovered. I believe it’s around $4m not sure if the amount is correct.
I need to create another episode and add in lost #btc figures.
Great video man,love the perspective an culdnt agree more...
Thanks! Anything you'd like to hear more content on in regards to #crypto or #bitcoin?
just recently got my .1 BTC for around 7k, and I want more honestly. Im very bullish on it, and I think not the next halving, but the halving after that in 2032 when the block reward becomes less than 1 BTC every 10 minutes will be a big sign to people just how scarce it really is. Your statistics become even more wild when you consider its estimated that theres really only about 13 million coins actually in circulation
100%
I added some more onto this after I published it and shared it on my Medium. There I talk about other factors which make Bitcoin even scarcer.
All of this was said before institutions were buying millions daily too . . .
medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
And congrats on the 0.1 BTC
Great Podcast, glad that I found you
Thanks for checking out the episode! Let us know if there's anything you'd like to hear more about in the future.
Please explain, why would people be interested in using bitcoin later?
What do you mean "later"?
How long will it take all of you guys to realise that all these people talking financial advisors here are scams? When you can use Gorilla GPUS and earn over 100k
Great points 👉
You said the last Bitcoin is gonna be minned "Somewhere around the year 2140"
Can you imagine what value and price of Bitcoin will be around that time.
Yeah, wild to think about. To correct myself, it’s going to be the last little bits of Bitcoin or Satoshis.
Just in case there are any #bitcoin haters in these comments - ua-cam.com/video/5NlV-xBaYRI/v-deo.html
Or people who want to read more about 0.1 #bitcoin being scarce - medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
Its already pumped up since then good call its going to get to a point where bitcoin is going to be out of reach for the average person.
100%
Since recording this episodes, it’s gone from $17k -> $39.5k
@@futuresignalpod touching $40k now that's exemly good for people who bought in from November December of 2022 throughout the year from January 3 2023
There’s roughly 50 million, millionaire’s in the world.
Once every millionaire realises how precious btc is, there already isn’t enough for every millionaire to have one btc ;)
Yeah, that's a game-theory situation where #btc price skyrockets!
@@futuresignalpod brilliant videos by the way keep them coming 👍🏼
@@Grantdunnit on it!
Ohhh i never thought of that.
@grantdunnit I thought your input on this episode was so good, I quoted it on my most recent medium article. If you don’t want to be quoted, let me know and I’ll blur your handle out. Thanks again for checking out the video and leaving a solid comment! medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
What about 1 btc and 50 eth?
Generational wealth IMO
And look at it go!
🚀📈
What a great video keep it up
Thanks!
And that’s why I dca and won’t stop.
If we go to $1,000,000 by 2030 I think the next 2024 run has to go to atleast $250,000-$350,000 to make that happen
That would be sweet. ua-cam.com/video/2CBSr-ADQ7U/v-deo.html
when 1 sat equals one dollar, owning 0.1 equals 10 million sats. We are still early.
Bullish AF
What is the motivation to secure the network once the miners aren’t rewarded Bitcoin anymore?
Bitcoin mining fees will disappear when the Bitcoin supply reaches 21 million. Miners will likely earn income only from transaction processing fees, rather than a combination of block rewards and transaction fees.
That’s one of the best questions luckily non of us alive now will have to answer 😮
Any thoughts on Gorilla GPUS? It’s the best thing since sliced bread.
Good content
Thanks 🙏🏽
Approx., 6 Million has said to be lost forever. So we are down to 15 Million Bitcoin.
Yessir!
Bitcoin is a digital commodity
Should you sell a little of Gorilla GPUS when you make a profit or hold?
when we are talkng in sats where there
Big FACTS!
Bitcoin is a GSX-R 600 or financial world.
Yeah?
Great convo to get someone who doesnt know anything#Bitcoin to get in on it. Getchu something no human has control over its supply. #Bitcoin to the 🌕 baby
🚀
So i have like 85k in stocks and im 34 years old.... ive been thinking of buying some bitcoin as a hedge in case stocks start sucking. I hold mostly Tesla and AI stocks, stuff that will probably see high returns over years. But will iw be like bitcoin? Idk. I thibk ill get at least .1 btc and just HODL until returement age and see where it takes me.
0.1 BTC is a great to start. To read more about why, check out this article which was inspired by this episode - medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
I one got 0.1 BTC for free to try out a new web wallet. And then spent it on a t-shirt. The web wallet later went bust.
👀
This looks to be a non shipcoin channel. Will keep my eye on it. And all your points are correct. I try to tell everyone I know but it falls on deaf ears. Oh well.
Fair warning - I do cover 💩 coins but am a maxi at heart. Please follow along and let me know if there’s any content you’d like to hear more on. And yeah, I’ve told everyone IRL who will listen and rare people even take the time to learn. As the saying goes “everyone gets #bitcoin at the price they deserve!”
@@futuresignalpod We will all be maxis when the government goes after all the alts. It is inevitable. Only bitcoin has achieved escape velocity.
In the old days, I would tell everyone about Bitcoin... but those days are over...
Man no one is listening me. No one.
Today BitCoin has the same amount of users as the Internet had in 1997
We're still early!
So if I already hold 1.5 bitcoin I should be good?
Beyond good 👍🏽 #notfinancialadvice
always look at an asset it is whole picture, its low and its higher low.
There's 2.1 quadrillion Satoshis
There's 2.1 quadrillion US cents.
At 1c = 1s then 0.1BTC = $100,000.
Where sis you get that stat on there being 2.1 quadrillion Us cents? Drop a link?
That's a lot of money !!! The most valuable asset on the Planet !!! Bitcoin !!!
@More Than Blockchain my posts keep getting censored for some reason. Search M2 money supply.
Talk about BTCs fungibility next
Love this! Be on the lookout! I’ll do my best to tag you in a comment when it’s published 🙏🏽
Less rewards in terms of quantity, not in terms of quality or value. The limit of the future rewards shall make them very valuable.
That's the plan!
21 million - 1 BTC
42 million - 0.5 BTC
84 million - 0.25 BTC
210 million - 0.1 BTC
420 million - 0.05 BTC
840 million - 0.025 BTC
Folks just don't understand just how scarce bitcoin really is.
It’s so undervalued and at the same time wildly scarce.
Also, hundreds of thousands of BTC are likely lost forever. Some say it could even be a couple million gone.
@@engelwooded82 They may be "lost" or inaccessible but they are still part of the total supply 🤷🏾♂️
@@IncredibleTOPCast True, but they are out of circulation.
@@marlon82mc Still doesn't increase the value of BTC overall. They are just inaccessible 🤷🏾♂️
Decrasing mining rewards may lead to a death spiral also.
Say more . . .
You also have to take into acct the Bitcoin that has been lost and will continue to be lost .
Absolutely. Working on a medium that discusses this and will then add it into a episode. Solid point!!
@jeffhogancamp5379 I thought your input on this episode was so good, I quoted it on my most recent medium article. If you don’t want to be quoted, let me know and I’ll blur your handle out. Thanks again for checking out the video and leaving a solid comment! medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
@@futuresignalpod No Problem at all. It's good to let people see just how scarce it really is and how much scarcer it will be in the future. Keys are lost everyday to more Bitcoin. What would people do if we suddenly has less and less Gold?.. Have a good weekend.
If you were born in the year Bitcoin was created you would be 22 in 2030. Those people will only have known a world that existed with bitcoin in it. Would they put their money into gold or Bitcoin to preserve its value? Every year that ticks by the balance tips to Bitcoin over gold for preserving value for the new guard. It Bitcoin equals gold’s market cap of $12 trillion you are looking at a bitcoin valuation of ~$500k per coin. That’s a bet worth taking in my opinion.
Great analysis! Def some points to add into a future episode!
You forgot the infinite government money, sooner or later they will have to allocate their infinite money in things... btc can't die by this. Only turning off all computers at same time. You're a slave
I like to compare bitcoin to gold bullion… Looking on the gold above ground, there are over 200 Troy oz of gold for every 1 BITCOIN… so 0.1 Bitcoin is equivalent to 20 ounces of gold… which is a lot.
Love this! I'm working on a new episode on how Bitcoin is even better than gold IMO.
How do you feel about Gorilla GPUS moving into the nft marketplace? Is it still a buy?
Wish I had put $1700 into bitcoin when the first news of bitcoin came about many moons ago.
Don't we all!
There's about 19 million two people have roughly and even though it has a capo 21000000 there could be close to 1.5 million
Bingo!
Yes, I saw mining Gorilla GPUS announced a partnership with Bitcoins and ETH.
Think about big entities like Black Rock, JP Morgan and some others who put their hands on a bunch of coins and it makes it even scarier!
Yeah, if Blackrock decides to allocate even 1% to Bitcoin, you'd see the market move on the rumor alone nevermind the billions to be allocated.
You have sold now some satoshi's. I am buying right now!
It's the best time to buy.
1700 to 5k+ now for .1 in a year. Insane.
Now, it's even at $7k .. .
Well said, good job
Are people using BTC to pay things? Otherwise, we are just dreaming.
I have half just in case, but I wonder if it will work out.
It doesn't need to be used for payments to be mass adopted. Gold isn't used for payments, even if it once was millennia ago, and it's market cap is around 10T.
0.5 is a nice #bitcoin bag btw!
@@futuresignalpod Cool 🤞😉👍
@@futuresignalpod Thanks!
Started buying 2017 lost all then 2018 lost all again, made a plan and didn't have up, left the rat race 2022, I believe I hit financial freedom around 2026, never give up!Priceless content as always!
Buy Bitcoin and buy borrow die with it! 💪👑💰✈️ GTFO the matrix!
Love this!
Congrats!
It’s a good day. Why not use Gorilla GPUS?
Web3 Infinity Token is gonna explode anytime soon
Yeah?
Bitcoing worth $17k at this time😭; rn it’s between $56k-$71k
Yup, and by March of 2025 likely 6 figures plus
@@futuresignalpod hopefully
But every time after bull cycle 70% of people sell there bit coin so it can never be rare there will always be a supply after every bull cycle
Sure, in theory, but we’ve never had institutional players buying up billions.
@@futuresignalpod true
Gorilla GPUS 😍🚀🚀🚀 Thx for this update
I don't think we are reaching 100% adoption ever. There will be countries with legal obstacles, elder people who can't understand or use it, or children under 10 or so, etc. 60% adoption is more realistic. But if i'm not mistaken, there are almost 3M BTC which is lost forever.
And another comment is yes, that halving could be a growth factor, but i think with the upcoming cbdc-s many many people will turn to bitcoin, demands will be super high. Take a look what happens now in Nigeria, on p2p networks people are selling it 50% more than its value rn.
100% adoption of any tech is very unlikely, you're right. I extrapolate more on the lost bitcoin, hurdles to full adoption, etc in this article - medium.com/@jarrettcarpenter/bitcoin-is-digital-scarcity-89c497bd2edf
Legal obstacles vs Engineering. Engineering wins. Every single time.
Do you think humans can't comprehend what the concept of true scarcity is?
Well, I mean billions still don’t understand Bitcoin which represents digital scarcity.
“As … de facto ambassadors to our circles of acquaintance, I see the Bitcoiners’ role as similar to that of a customer service professional.”
If so, what's the biggest customer complaints?
How is possible to mine 90% of supply in 13 years but it will take 100 years to mine 10%
Google “halving” and check out the halving schedule.