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2024-01-14 12:06:23 Predicting the exact timing of the supply squeeze is impossible, but it’s important to remember that time in the market beats timing the market with Bitcoin.https://t.me/Bitcoin_Action Buka / Bagaimana

2024-01-14 11:23:09 “Time flows in a strange way on Sundays.” — Haruki Murakami

Bitcoin and the Fight Against High Time Preference: Learning from the Marshmallow Test:

The famous marshmallow test, where children who could delay gratification achieved better life outcomes, offers a valuable analogy for understanding Bitcoin's impact on financial behavior.

In a fiat currency system, where money lose value due to inflation, people often develop a high time preference. This means they prefer spending immediately, much like the children who chose the immediate, smaller reward over waiting for something greater. This high time preference leads to peak consumption, as saving seems less effective when the value of money continually diminishes.

Bitcoin challenges this behavior. It's akin to the second marshmallow in the experiment. With its capped supply ensuring scarcity and resistance to inflation, Bitcoin encourages a low time preference. Holding onto Bitcoin, much like waiting for the second marshmallow, represents a choice for long-term reward over immediate but lesser gratification.

HODLing Bitcoin is not just a financial decision; it's a psychological shift towards valuing the future. It echoes the lessons from the marshmallow test by emphasizing patience, long-term planning, and the benefits of delayed gratification. Just as children who waited for the second marshmallow tended to have better outcomes, the discipline and forward-thinking approach promoted by Bitcoin is leading to more sustainable financial habits and enhanced long-term financial and even physical, mental health.

Best,
https://t.me/Bitcoin_Action Buka / Bagaimana

2024-01-13 16:28:55 Reminder.https://t.me/Bitcoin_Action Buka / Bagaimana

2024-01-13 16:24:14 LATEST UPDATE: After two days, the Nine Newborns have gathered over $1.4 billion in new funding, overwhelmingly outperforming the $579 million outflows of $GBTC, culminating in a net increase of $819 million. $IBIT is at the forefront with half a billion dollars, with Fidelity being a close second. The trading volume of the newborns, standing at $3.6 billion from 500,000 individual trades (1.2 million including $GBTC), is notably impressive, as is their average premium of 20 basis points.

There might be speculation that the outflows from GBTC are largely due to accounting practices. While this could be true, and even probable, we must base our conclusions on the data provided, and this is the most current information. It's important to note that for an ETF category to flourish, it requires both high trading volume and low fees. These new entrants excel in both, forming a strong foundation for sustained growth. Although I'm uncertain about the daily factors influencing Bitcoin's price, I understand that a product witnessing an 80% surge in six months is likely to undergo a correction, which should not be surprising.

Happy Old New Year eve, a special celebration marking the start of the year according to the old Julian calendar! https://t.me/Bitcoin_Action Buka / Bagaimana

2024-01-13 14:41:50 https://t.me/Bitcoin_Action Buka / Bagaimana

2024-01-12 23:31:16 JUST IN: BlackRock CEO Larry Fink says Bitcoin  "is bigger than any government.", his quotes:

If you’re fearful of your government, or worrying your government is devaluing the currency, then you could see this as a great potential long-term store of value. It’s like digital gold.

It is a ledger, but it’s an international ledger that’s cross-border. It’s bigger than any government.

The advent of the Bitcoin ETF is an example that we’re legitimizing this asset class.

Don’t bet against Larry.https://t.me/Bitcoin_Action Buka / Bagaimana

2024-01-12 23:26:05 Jan3’s perspective

A sudden spike and drop would add to concerns around volatility and scare many investors. It would also be bad towards regulators.

This is also true.https://t.me/Bitcoin_Action Buka / Bagaimana

2024-01-12 23:21:29 Don’t miss the big picturehttps://t.me/Bitcoin_Action Buka / Bagaimana

2024-01-12 19:56:53 BTC is leaving Grayscalehttps://t.me/Bitcoin_Action Buka / Bagaimana

2024-01-12 19:45:25 P.S.: do not sell your coins to the funds, do not leverage, keep your coins off exchanges.https://t.me/Bitcoin_Action Buka / Bagaimana