Oddbean new post about | logout
 Bitcoin casually hanging around at $70k USD and nobody gives a fuck 

Mind bending 
 Incoming 🚀 
 🤘 
 We know how to act like we've been here before. #stayhumble 
 Haha yes I meant precoiners

Not us 

I'm sure if you took a poll on nostr, most people wouldn't even think of selling any at 700,000. Maybe even 7 million 

Which begs the question - what's the true "price" of bitcoin? 

Or is it the thing pricing all other assets?

How do you even compare real with fake

Give me 10000000000000 fake money and I'm still not giving you 1 of my real money 
 Depends on where youre at in life. Money lets you purchase the things you want/need. Id happily have a nice hunting/fishing cabin. Or upgrading my equipment to make farming easier. But thats why i keep some fiat on hand 
 Yeah that's a fair point.

It also would depend on how many bitcoin you're holding

It's more about how many you have vs what your cost base is at that point  
 Bullish on escape of the gulag 
 I was back home with some friends over the weekend and was talking about Bitcoin. One of them thought that Bitcoin was around $1,000. 

People are asleep. 
 My god  
 100k odds just went up
nostr:nevent1qvzqqqqqqypzqlrkt4q86w5at6s30juts6vk9ptq0plupp9qca404fzfh773y8vyqqsxkyfhtgwg9j2cyz9samksvn2tgu8nrhjgg0ql2ngtnrcg9zngpjs5lms6w 
 🚀 
 New ATH or bust!  
 NGL—I have mixed feelings.

BTC 📈
What each DCA buys 📉

Stay the course. 
 Fair point 

But honestly. People need to learn this shit and stop feeding the beasts. 

And unfortunately the thing that brings most people into the space is NGU.

The legacy system is a literal nightmare 
 And then they vacillate between “it’s too late to get in now” and “but if it goes down further I’ll lose money”.

As long as I’m stacking, I’ll take the best price I can get, but either way, stack sats. 
 Anytime you can exchange fake money for real money you take it! 
 Blind cannot see. 
 People had plenty of time to stack 
 Agreed

Time to move 

If they haven't taken the time to figure this shit out yet

Fuck em  
 I’m here to answer questions but not going to beg for someone to adopt a better money. 
 And I sell at $66k, it still hurts. But seeing my credit card at zero is something delightful.