I hope you are all having a lovely last Sunday before Christmas Day. My Grandad instinct tells me that Bitcoin (and Crypto) might come up at family gatherings over Christmas. Younger members of the family may be enthusiastic and positive about the future of Digital money, while elder members just brush it off with "Property, a pension and stocks are how I made this family's wealth, it's all a scam". Here are some facts that might pull the whole family together. 1. Bitcoin (BTC) is not going to zero! - This opinion is no longer part of any constructive conversation and I've been having Bitcoin conversations since 2011. If BTC was going to zero, that would have happened already, if you still think it will (within a decade), stop reading and enjoy watching your cash savings shrink against inflation. 2. There will be various BTC *ETFs launched in the USA, earliest January, latest March 2024. The big investment and pension providers (BlackRock, Fidelity et al) will pro...
The price of Bitcoin surged last night and again this morning to over $42,000. My pension pot bet seems to be making up a good head of steam. The pundits, influencers and big banks say £79,255 per BTC is "very likely" for 2024. That would be my initial £7,500 reaching £19,000+ Let's see how it plays out. £815.25 up so far (8 days).
You know what's interesting these days? The ad below went live today across the USA TV networks. Bitwise front running the market. Smart. Buy your children and grandchildren a tiny amount of Bitcoin (SATS) for Christmas. They will thank you in the years to come and if you go now, you get a great price.
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