james22

I've no idea what the top might be, or even if there'll be another cycle. I'll trim when there are no catalysts upcoming or (more likely) because I've no reason to keep playing.

The ETFs really changed everything for me.

The tragedy of old age is not that one is old, but that one is young. Oscar Wilde

No, though that's where establishment/Chamber of Commerce/Country Club Republicans reside. Conservatives naturally reside in the River.

I appreciate it, Buckeye, thanks. Thing is, I don't expect anyone here to approach bitcoin neutrally. Everyone here begins with the assumption it's "rat poison squared." And so anyone advocating for it either somehow profits from doing so or is dangerously naive (and so dangerous to others). I can only promise you I truly do not care if anyone here invests in bitcoin. Leaves more for me.

You were questioning the motives and character of the advocates (ho, scumbags), Buckeye. My response (a meme) was actually pretty civil, no?

Exactly And why I'm here, rather than a more bitcoin-friendly forum.

I disagree. It's mostly a Trump rally (if not wholly). Observers will note disagreement is not uncommon among bitcoiners.

If you believe history predictive, you might look at how the gold ETFs performed after they were introduced.

Like the catalysts I mentioned above, this is something that you'd know if you did the reading. Spoon feeding you this answer will only prompt the next question.

What percent of investors have ever heard of SAB 121 and/or the FASB accounting change? Zero would be far, far closer than 1%. That's an informational advantage. There's a reason bitcoin is a Trump trade: https://cryptobriefing.com/trumps-crypto-agenda-presidency/

Outlandish? 1. Bitcoin regulation (allowing bank holding) and 2. US strategic asset reserve. Since November 2021, the three prudential banking regulators – the Federal Reserve, the Federal Deposit Insurance Corporation, and the Department of the Treasury's Office of the Comptroller of the Currency – have discouraged banks from holding actual bitcoin in their balance sheets or providing crypto custody services. https://www.forbes.com/sites/digital-assets/2024/11/13/big-banks-likely-gained-more-than-1-billion-from-bitcoin/ That is changing/will change. "The GOP's commitment to clear crypto regulations and making bitcoin a strategic reserve asset is set to be a game-changer for industry growth," Jean-Marie Mognetti, the chief executive of alternative asset manager CoinShares, said in emailed comments alongside a report. https://www.forbes.com/sites/digital-assets/2024/11/07/a-trump-us-strategic-bitcoin-reserve-game-changer-is-suddenly-hurtling-toward-the-bitcoin-price/ 3. Nation-state (game theory) adoption. 4. Institutional adoption.