Bitcoin “crashing” LOL zoom out, last dip to buy? Happy Bitcoin Independence Day - Ep.167

Fractal Bitcoin

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin fell around $2k into the $62k range. Good time to buy the dip? You know my answer LOL.

MOAAAAR PLS. POST: https://primal.net/e/note1jlgrhuklw566ypt5ce86swa2pw5grw27tezjys8gs0p028rl5jjqv7z46e

He’s just lucky. POST: https://primal.net/e/note1lxe9uq4z260yvmkp6ej5lnlqdpux8ssq75fvj2fyj4utq5y4p9ss25q92g

Me after investing my entire savings account into #Bitcoin, only to watch the price plummet immediately after. POST: https://x.com/SimplyBitcoinTV/status/1819051233111572756

If you don’t think this is coordinated so the elite can continue scooping up #Bitcoin at fire sale prices, it’s because you’re naive.

Literally on the day the FED talks and every other market rips due to increased liquidity expectations. Tick Tock Next Block. POST: https://x.com/PrestonPysh/status/1819022946570047630

12 months ago Bitcoin was under $30,000…

• ETF approval was still a dream
• A presidential campaign endorsing Bitcoin was a fringe idea.
• An official Bitcoin Strategic Reserve policy was lunacy.
• Wall Street embracing the investment case for $BTC as a store of value and any kind of hedge was merely speculation.
• Fair value accounting (FASB) made it almost impossible for corporates to hold Bitcoin on the balance sheet.
• ZERO US State pension funds had bought Bitcoin, now we have +2.
• ZERO US Cities had bought Bitcoin for their Pension funds, now we have New Jersey
• …and we're just getting started! 🙌
• POST: https://x.com/BTC_Archive/status/1818959255472324718

This is the most difficult part of every #Bitcoin cycle. Everyone is waiting for a break-out to new ATH and #Bitcoin retraces. Squeeze your cheeks together. See if you can still sell something, even if it's your grandmother to stack more and enjoy the bull market in a bit. POST: https://x.com/CarlBMenger/status/1819030980792918053

BITCOIN INDEPENDENCE DAY:

Bitcoin Independence Day, celebrated annually on August 1st, commemorates a significant event in Bitcoin's history that occurred on August 1, 2017. This day marks the successful implementation of a User Activated Soft Fork (UASF) that led to the activation of Segregated Witness (SegWit) on the Bitcoin network. — https://www.perplexity.ai/search/describe-bitcoin-independence-p5BwzADqTHOZJ8Uh892qSQ

7 years ago, the Bitcoin network overcame perhaps the biggest attack it's ever faced. Today is a day to remind ourselves that the corporations don't control Bitcoin. POST: https://x.com/jimmysong/status/1819056671584555102

#Bitcoin doesn't need Nation-States, but Nation-States need Bitcoin. POST: https://x.com/WalkerAmerica/status/1819056308605108616

ADOPTION:

BREAKING: 🇭🇰 Hong Kong’s largest online broker Futu Securities has launched #Bitcoin and crypto trading fro retail customers. It is offering ZERO fee trading and FREE #Bitcoin rewards for new accounts. 😱. POST: https://x.com/BTC_Archive/status/1818961195333824762

✨ Legendary rapper Nas on buying #Bitcoin at $500, exactly 10 years ago. Today, he's still HODLing 🔥. POST: https://x.com/pete_rizzo_/status/1818614042858053710

FIAT/GOVERNMENT NONSENSE:

🚨BREAKING🚨. PM announces plan for increased use of Orwellian facial recognition. The alarming pledge to roll out facial recognition in response to recent disorder is a pledge to plunder more police resources on mass surveillance that threatens rather than protects democracy. POST: https://x.com/BigBrotherWatch/status/1819040739659034744

Remember that time you won the Nobel Peace Prize then bombed 7 different countries? That was awesome! POST: https://primal.net/e/note1payh8n99ur8qe08r0w2qdnr7qgd68v9g3wwxedmsc6u7srpf0zes65delc

BREAKING: 🇮🇱🇮🇷 Israel has told Iran through back-channels that it is willing to go to a full-scale war if Iran makes a significant attacks in retaliation to yesterday's assassinations - Israel's Channel 12. POST: https://x.com/RadarHits/status/1818970409066188891

BREAKING: US Deploys 12 warships to the Middle East. POST: https://x.com/DougAMacgregor/status/1818848212830097898

“It’s not real Democracy, it’s controlled parties.” – Joe Rogan. This is becoming more apparent! POST: https://x.com/GuntherEagleman/status/1818823416608063950

TECHNICAL ANALYSYSIS:

VIDEO: PlanB Bitcoin Analysis August 2024 — https://www.youtube.com/watch?v=WWCtT2MJWjQ

GROWTH OF LIGHTNING:

Yesterday's piece on how the Lightning Network was a bolt of signal in the noise of the Bitcoin 2024 Nashville conference. ARTICLE: https://bitcoinmagazine.com/technical/lightning-network-in-a-class-of-its-own-at-bitcoin-2024-conference

MINING:

🚨BREAKING: BPI Study shows Bitcoin mining benefits the environment, equivalent to taking 20 million cars off the road every year. ARTICLE: https://btcpolicy.org/articles/bitcoin-mining-reduces-carbon-emissions

NOSTR:

Will from Damus: The npub (user) who maintains the top zap for 24 hours on this post will be zapped the total amount on this post. POST: https://primal.net/e/note1ayerndh7thmtm4xk82aayrqhngyulgumc8fesn8425mgr2h9xtrshkjtk7

LOL:

Cat math. POST: https://primal.net/e/note1d6cntapgyzajuxx37ckvkee0nygmjufdf4g3gs9mue44stj2mnas8gzwtc

We are THIS CLOSE to it being Friday! POST: https://primal.net/e/note1pwlw5q8r2az09lyjr52hat3342hg8pe50rs64glh6pzy9su6fn9stuzgha

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