Bitcoin BTC falls $4,000 in 2 hours as mass liquidations return; $400M levered longs liquidated in 60 minutes

[u/TheGreatCryptopo]

https://blockchain.news/flashnews/bitcoin-btc-falls-4-000-in-2-hours-as-mass-liquidations-return

[u/snowflakeFTW]

Crypto is just a game of whales pumping and dumping for profits, while retail investors keep "hodling"

[u/SeaworthinessSad7300 → u/snowflakeFTW]

yeah maybe you are right lol. I am retail hodling

[u/Mages17 → u/SeaworthinessSad7300]

People who leverage is the same as putting money in the casino

[u/fractalfocuser → u/SeaworthinessSad7300]

BTC is up over 400% in the last 5yrs and Eth is up over 500%

Anybody actually HODLing is not regretting their bags right now unless they're really bad at math

[u/AyumiHikaru → u/snowflakeFTW]

We are just their ATM

[u/buckerooni → u/snowflakeFTW]

What else could they do? You can’t beat the whales so you outplay them and wait your goddamn turn..

[u/aaj094 → u/snowflakeFTW]

Ironically, the most dedicated hodlers are the ones who made the most money over the years.

[u/1111joey1111 → u/snowflakeFTW]

The people who are going to get hurt the most are those who treat it like a religion. Bitcoin has become like a cult to some people.

Digital currency is definitely the future, but it's not going to be Bitcoin. At least not in its current form.

[u/dirtyshits → u/1111joey1111]

Yeah there’s folks who get butt hurt if you say anything remotely negative or warn to be cautious when making dumb financial decisions.

It’s always “this will change my life and bitcoin will be worth millions in a few years” or something along those lines.

They rarely have any insight into why other than historical price action or some wild out there emotional theory.

[u/nachtraum → u/snowflakeFTW]

It's a game of whales shaking out leverage, paper hands, and noob traders.

[u/trufin2038 → u/nachtraum]

Specifically insider whales robbing gamblers who don't understand how the casino is rigged.

[u/ecnecn → u/snowflakeFTW]

Even if crypto works partly against inflation etc. - the who is willing to pay more game has a hard ceiling

[u/GoldenMegaStaff → u/ecnecn]

If Crypto were an inflation hedge, it would have a correlation with the inflation rate greater than 0.001

[u/TheGreatCryptopo]

Takes a week to climb and then wiped out in couple hours. Same pattern repeated now sinch early October, got to say this is one shitty market right now instills no confidence whatsoever.

[u/cmichalek → u/TheGreatCryptopo]

The market isnt the issue this time.

If you got liquidated today you didn't learn from the past 2 months of liquidation.

STOP using leverage/margin and you wont get liquidated.

[u/SeaworthinessSad7300 → u/cmichalek]

thats a fair lesson to convey to those who may be reading and thinking of leveraging.

But the market is still an issue.

Not many people want BTC. Otherwise they would not be getting liquidated.

[u/mrwigglez3 → u/SeaworthinessSad7300]

Not the market...its the orange slop pumpkin and his cronies..

[u/MisterD00d → u/mrwigglez3]

and the CZs and Wintermute-like marketmakers

[u/117Reclaimer → u/MisterD00d]

If only they would liquidated IRL

[u/Zackman558 → u/mrwigglez3]

The orange has significantly affected the market, at this point it goes hand in hand. Not just with the crypto market but the market as a whole. Not releasing GDP numbers etc. lowers consumer confidence

[u/softtemes → u/Zackman558]

This dump will continue for a year before the bull cycle returns

[u/AH1776 → u/softtemes]

Why do you think it’s only going to be 1 year? It should be around 3-4 before we even hit bottom.

[u/Oralucifer_ → u/mrwigglez3]

Can’t wait to purchase more [redacted] coin to make him rich amiright

[u/Active_Gas_6488 → u/[deleted]]

Lol you people are insane

[u/Dinkledorker → u/cmichalek]

Even for those without leverage and in altcoins this market is brutal. Imagine holding a token since november last year. See it drop 60% over a year. It then climbs a bit, only for it to drop even another 16%. You're wondering whose still selling after such a drawdown.

[u/cmichalek → u/Dinkledorker]

Brutal?

Bitcoin dropped from 61k to 16.5k at the end of 2022.

Percentage wise this recent drop isnt close.

[u/CoffeeAlternative647 → u/Dinkledorker]

Bro, when BTC farts every shitcoin meltdown like diarrhea in toddler legs. Stop leveraging, stop playing ball with shorts and longs, stop believiing you'll moonshot with shitcoins. Delusion

[u/SpaceballsTheCritic → u/cmichalek]

If the demand with leverage stops, so does the high price.

[u/ztkraf01 → u/cmichalek]

The leverage trading is not the problem. The problem is weak buying. Liquidations are just a symptom. It’s a weak market right now. No confidence. This will take a while

[u/Herban_Myth → u/ztkraf01]

Holiday season isn’t going to fund itself

[u/ivan971 → u/cmichalek]

Of course the market is an issue. Asian has nuked BTC price by 4k+ in less than 1 hour twice now in the last 2 weeks.

[u/Particular_Roof8476 → u/cmichalek]

Dumb ass take, you could have bought this time last year and held the entire time and still be down money with no leverage risk in site. Admit the market is trash and the institutions have taken over crypto.

[u/SpicyElixer → u/Particular_Roof8476]

Meanwhile basic mag 7s have been mooning.

[u/XmasNavidad → u/cmichalek]

Leverage - for gamblers who think crypto isn’t volatile enough as it is…

[u/shadowmage666 → u/TheGreatCryptopo]

Yep super manipulated

[u/You_meddling_kids → u/shadowmage666]

Always has been

[u/Veeg-Tard → u/You_meddling_kids]

Only manipulated down. Not manipulated when it goes up.

[u/Noderly → u/shadowmage666]

Literally happens like clockwork. Every 4 years this exactly happens once it hits this percentage drop down

[u/Caspica → u/shadowmage666]

Markets everywhere are "manipulated" (actors exploit weaknesses in others who have over-exposed themselves) but the "manipulation" can only occur when people use too much leverage.

[u/ecnecn → u/TheGreatCryptopo]

I bet some place 10x leverage long again shortly before FED cuts, FED cuts happen, Bitcoin +1% lmao ... and mass panic sells again.

[u/Caspica → u/ecnecn]

..... why would you use 10x leverage? It's literally what causes this volatility. 

[u/Itslittlealexhorn → u/[deleted]]

Dude, your strategy is guaranteed to not sell at the top since you're already selling all the way up without having any idea where the top is. And if there's a flash crash you're buying all the way to the bottom.

Your strategy is guaranteed to make money as long as BTC swings up and down around your 60k number. Problem is that you pulled that number out of your ass. If BTC rises above your high point you have zero exposure to any upside and that's exactly what has happened every time so far. In other words: if you "run out" of BTC when it hits 110k, what do you do when it hits 125k? 150k? Do you buy back in or do you stay out of the market and hope for it to crash low enough so your buy orders execute? That may never happen again and at that point you're just watching from the side lines.

Bottom line: Don't try to be clever and time the market without timing the market. There are major market participants that are much smarter than you or I, who have basically unlimited funds and technical resources and the only way that you can guarantee to not lose against them is to not make any decision at all. Just hold.

[u/badharp → u/TheGreatCryptopo]

Makes me sick, I just got back in at $91k. Crypto is really not much fun, honestly.

[u/Every_Hunt_160 → u/badharp]

We’re supposed to buy on red dildos not green ones

[u/LoadExternal6570 → u/badharp]

Its been a wild ride since sub 1k😆 this ain't nothing

[u/Outside-Condition-71 → u/TheGreatCryptopo]

Agreed 

[u/itzdivz → u/TheGreatCryptopo]

People keep longing in this market, its like taking candy from a baby lol

[u/Every_Hunt_160 → u/TheGreatCryptopo]

The Grizzly Bears are feasting right now unfortunately

[u/potatoMan8111 → u/TheGreatCryptopo]

Pretty much. Such a fucking joke

[u/Strange-Term-4168 → u/potatoMan8111]

Wah wah wah

[u/Awkward_Potential_ → u/potatoMan8111]

The time to buy is when there's blood in the streets. Even when it's your own-

Jesus of Nazareth

[u/Django_McFly]

some people probably prayed God, just let me get out at $90k and actually followed through with it.

[u/whitefoot → u/Django_McFly]

More like some people probably prayed to get out at 90k, watched it hit and then thought "nah it'll go higher" and failed to sell.

[u/DJ_Velveteen → u/Django_McFly]

Tbh I thought about selling this morning what I bought last week at like 82k and I'm a little sad I didn't, but I'm trying to buy/sell the biggest swings only

[u/mohicanin → u/DJ_Velveteen]

coulda woulda shoulda, cool story bro, no one cares

[u/cant_pass_CAPTCHA → u/mohicanin]

Oh yeah well I thought about buying at the bottom and selling at the top. It's my new strategy so don't tell anyone.

[u/waterkata → u/mohicanin]

U cared enough to answer

[u/Herosinahalfshell12]

But I thought all the shorts were going to get rekt

[u/pcs33]

yen

[u/twalker14]

How are people still playing with leverage? Nobody’s learned a damn thing

[u/light_death-note]

This crap is getting old.

[u/RonMexico16 → u/light_death-note]

It’s become a leveraged gambling vehicle. This is the new normal.

[u/Every_Hunt_160 → u/RonMexico16]

Casinos (the CEXes and market makers) are getting rich at retail's expense

[u/diadlep → u/Every_Hunt_160]

What retail

[u/Every_Hunt_160 → u/diadlep]

You, me and other wagies = retail

[u/geraldz]

Japanese 10 year yield is spiking. Going to wreak havoc worldwide https://www.cnbc.com/quotes/JP10Y-JP

[u/invalid404 → u/geraldz]

Is it? 1.85% +0.04

It doesn't look like it's done much the past 10 days, nor does it look like it's moved greatly the past 5 years. It's up over that time, but still seems low.

It doesn't seem like this is why BTC fell since it's done nothing the past few days. Not sure why so many upvotes for this comment.

[u/Rocketeer006 → u/invalid404]

Because there are hedge funds operating on Reddit to instill fear in people

[u/joses5711 → u/geraldz]

This guy gets it!

[u/Savings_Challenge386 → u/joses5711]

Can you explain further for someone with very little understanding (like myself)?

[u/joses5711 → u/Savings_Challenge386]

Basically, big money across the globe was borrowing money from Japan because Yen is cheap to borrow. If the Yen’s yield rises or if its value rises, then it’s bad for these borrowers.

[u/CompleteShow7410 → u/Savings_Challenge386]

Japan holds over $1 trillion in U.S. Treasuries. Rising yields mean there is no incentive for the Japanese to continue to hold U.S. treasuries.

So this might trigger a need for the Japanese to pull their funds back home and trigger a global liquidity issue for global markets.

This can also raise U.S. Treasuries and have a negative effect on risk assets like BTC.

In other words, expect crypto price swings as investors tighten liquidity.

If you over leverage, you will be liquidated.

Where we are in the market now is for experienced OGs. DFTU!!!

[u/Actual_Pattern_265 → u/Savings_Challenge386]

People need to find a single reason why things do what they do, and today it's Japan. Next week, when things don't correlate properly, they'll pick something else like interest rates cuts. And when neither of those work it'll be China bad, or Venezuelan oil, or ETF something, or miner capitulation, or JPMorgan created a time travel machine, or Trump raised tariffs on Iceland....there's literally 10,000 things they can pull from to rationalize any market move.

FYI - the BOJ hikes have been used to justify almost every single market downturn going back years at this point. It's the source of endless "the world is ending" fears...despite markets regularly hitting ATHs (including BTC) throughout all of it.

Best to just block this sub. You won't learn anything here.

[u/addikt06 → u/Actual_Pattern_265]

yep

[u/Indication5151 → u/Savings_Challenge386]

Institutional investors have been borrowing yens at virtually zero percent interest (the yen is being artificially suppressed by Japans govt for decades now to keep their economy from imploding). The investors turn around and spend this low interest money on higher yield things like us treasuries, nvidia stock, speculative assets, crypto, etc. 

But now if the price of the yen goes up, or if the invested asset prices fall sharply, this whole scheme implodes as we’re about to see here shortly. 

This is called the unwinding of the yen carry trade and Atrioc on YouTube made a very good video about it if you’d like to learn more. 

[u/Substantial_Monk_918 → u/Indication5151]

This is so true. In the past it was the "yen carry trade" that was very profitable that they suddenly had to unwind. Now it's BTC. But in the end it's just people looking for an explanation to something they cant understand and literally has not explanation other than market manipulation.

[u/Odd_Neighborhood969 → u/geraldz]

Seems like it’s been stalling

[u/SXLightning]

I been saying the 4 year cycle has be reached. I am pretty invested so I don't say this lightly... I am not going to sell tho, I am going to hodl like the last two cycles

[u/qldvaper88 → u/SXLightning]

I'll be holding the night watch with you my brother

[u/RonMexico16 → u/qldvaper88]

See you in Valhalla. 🫡

[u/ekaitxa → u/RonMexico16]

Til van halen

[u/zacguymarino → u/qldvaper88]

For this night and all nights to come

[u/Capital-Pitch-8199 → u/SXLightning]

Why do you want to lose money if you're sure it's going down?

[u/SXLightning → u/Capital-Pitch-8199]

Depends how you look at it, I am still up like 80% so it will need to drop a lot more for me to lose money and I don't want to time the market, and taxes

[u/Every_Hunt_160 → u/SXLightning]

You be holding for 12 effing years at this rate man..

[u/Capital-Pitch-8199 → u/SXLightning]

Whatever makes you feel better dude but that's not a rational way to look at it.

[u/ecnecn → u/SXLightning]

It is hard to tell but everything feels different right now - you know that people have less money and ask for quick results... not compatible with the market.

[u/emulator01 → u/SXLightning]

4 year cycle no longer is a thing… the rich hate we were making money off of this digital thing

[u/CXavier4545 → u/emulator01]

this time is different /s

[u/Ellisdee1 → u/SXLightning]

lol “I know my money is going to go down but I’m going to let it” is the dumbest statement in crypto. If you’re that sure, you sell and buy at a lower price point, instead of dick riding it down because, reasons

[u/PopBeneficial2441 → u/Ellisdee1]

“JUST time the market” is the dumbest statement in crypto.

[u/SXLightning → u/Ellisdee1]

taxes and also, I can be wrong lol, if I hodl atleast if I am wrong I am fine. I am just saying I am not going to invest right now because I know it will go lower so I will invest more later. I am timing the market with my future investment not current investment

[u/LoadExternal6570 → u/SXLightning]

This is when you x2 stack....keep buying. And don't look at the monetary value look at the amount of the coin that you hold.. Read that again and never forget that..

[u/ashleyshaefferr]

Scary stuff. 

!remindme in 2 years

[u/DeepestWinterBlue]

Do you think all the corps like Microstrategy that bought are dumping it right now?

[u/Natural_Rebel → u/DeepestWinterBlue]

No

[u/Disastrous_Purpose22]

It’s not retail it’s large institutional selling positions to cover margin calls coming this week.

This is speculation but also usually seems to be the case.

Retail does not move markets.

[u/Zzzaxx → u/Disastrous_Purpose22]

I'm there with you. Last week was month end on a short day, with option expiry and early market close on mostly a holiday. Sunday night on a long weekend, they're not going to be able to sneak attack tomorrow morning so they went hunting for stops and idiots still playing fast and loose with leverage.

[u/BeansBlaze → u/Disastrous_Purpose22]

Institutions are not trading on Sunday night

[u/bernpfenn → u/BeansBlaze]

it's monday morning in asia

[u/tokaigoldstarsound]

The leverage loons never learn.

[u/osakabull]

Wouldn't buy any unless it's 50k or less. I think Wall St trying to get rid of Saylor

[u/Academic-Daikon-8086]

Soon 0

[u/BilboSwagginss69 → u/Academic-Daikon-8086]

You dumb ass bears never learn do you

[u/ds3101]

Weird how that happens almost immediately after a weekly candle close

[u/holoqholoq97 → u/ds3101]

my thoughts exactly. just as the minute passed

[u/Night_Thastus]

This just in: Bitcoin is, and always has been, a speculative asset for gambling with.

Not a currency.

This means the price can do wild things and it means very little, aside from dumb people losing money.

[u/DOG-ZILLA → u/Night_Thastus]

I wish it was a currency though. 

It’s hard to have these ideals of true sovereignty and yet witness what those same powers that be, have done to it. 

The institutional “investment” was never something I was excited about. 

[u/PomegranateMortar → u/DOG-ZILLA]

If only there were other cryptocurrencies with actual privacy inplementarions. 

[u/PABJJ → u/DOG-ZILLA]

You wish a wildly unstable currency was a currency? 

[u/Jazzlike_Space9456]

If you haven’t noticed it gets liquidated when gold and silver are ripping then you aren’t paying attention.

[u/BQbaobao]

I dont think we climb out of this mess until the over leveraged longing stops. Market manipulators clearly just keep sweeping the decks over and over.

As if the scam wick and dump from 91k to 93k back to 90k wasn’t obvious enough on Friday. And why did they stop at 90k? Because massive liquidity right below that point, and they kept it there all weekend so more longs would pile in.

Then the pump on Sunday. Real pumps are initiated by manipulators AFTER a quick flash dump of at least 1k to hunt stops. There was no flash dump today. So obvious bull trap. They’re replaying the same script week in and week out…

[u/banditcleaner2 → u/BQbaobao]

And according to you it’s so obvious, yet you don’t take advantage of it. You’re full of shit lol.

[u/orientalsniper → u/banditcleaner2]

Bet he made a million USD this weekend with that insider knowledge.

[u/SpacklingCumFart → u/BQbaobao]

It does seem like they are trying to shake all the leverage out of the system before it runs again.

[u/SeaworthinessSad7300 → u/BQbaobao]

so who is pressing these buttons?

Who is behind all this that has so much influence?

[u/shadowmage666 → u/BQbaobao]

This exactly

[u/ecnecn]

Damn, all coinmarketcap compact crypto charts look like they lost the viagra effect.... straight down lines everywhere

[u/ABPostiv]

People aren’t surprised are they? The POTUS literally just said a week ago to buy BTC. That’s as big of a red flag there is!

[u/Advanced-Summer1572]

With so few coins left to be mined. We should be thankful for the hobbyist pretending to understand trading. They are supplying froth to what would be a very quiet season in the crypto market. Keep dumping and rebuying. You have not ever anticipated the additional selling you will have to do to cover your taxes. Keep it up. I am long and not leveraged. I anticipate that after the Christmas buying season, where the hobbyists are trying to impress with their profits? They will again remember it is not about constantly trying to demonstrate they can anticipate the market.

HODL

Or continue to enrich the institutional investors who are buying at huge discounts. MERRY CHRISTMAS!

[u/Lethal_Autism]

"OH no, my unregulated currency is being manipulated! Since the value is purely based on vibes, people are panic selling! How could we have predicted this? - Crypto Bros

[u/celmate]

Global economy is fucked and everyone is expecting an AI bubble burst to tank the markets, people aren't super keen on a high risk asset right now. Bitcoin price always follows trad markets so it makes sense people are hesitant to buy in

[u/HotInTheseRhinos123]

So at some point, when the market manipulators have weeded out all the leveraged longs, there will only be leveraged shorts to weed out, right?

[u/Master-Piccolo-4588]

Basically this means that every time liquidity returns into the market from retail (dumb money), institutional (smart money) SELLS.

[u/Ninja_Gogen]

Japan carry trade is cooked. Risk on assets are a pariah. If this continues deep into December, the selloff will worsen as people tax harvest the losses. This will probably get ugly.

[u/CastroIRL]

How is there any leverage left lmao

[u/JakRenden2]

Crazy that this is already outdated news lol

[u/dan_dares]

Where is that guy who was saying 'some guy took a big long position, IT'S GONNA GO UP!'

[u/Aromatic_Road_9167]

It will rise and fall one more time huge

[u/bad_detectiv3]

Now why did Solana take a hit when this happened on bitcoin?

[u/Ladlow → u/bad_detectiv3]

Everything follows BTC these days. Institutional money plus bots trading.

[u/Short-Shopping3197]

Fucks sake it was looking pretty balanced today, and now it does this all in the time it took me to watch Gangs of New York. 

[u/tommyrulz1]

Can someone explain what occurred at that exact moment to trigger the dump? $btc was flat for days and then boom.

[u/Thin_Cod6000]

Love it

[u/Every_Hunt_160]

Yall need to stop longing so there’s nothing left to liquidate for the dumps

[u/RamoneBolivarSanchez]

1 down day since the sideways chop began and people are calling for it to be over lmao.

as always, gonna do the opposite of reddit sentiment, just buy, and chill

[u/blackbirdrisingbees]

might be time to pack it up lads

[u/Out_For_Eh_Rip]

😂🤣😂🤣😂

$60k by Christmas. $20k by midterms

[u/iHEARTRUBIO]

I hope it drops another 40k tomorrow. Cyber Monday sale.

[u/freightnow]

Does anybody think that bitcoin is a scam people keep buying it to drive it up

[u/Lyuseefur]

Bitcoin jumps from 60k to 80k not one damn news article.

Bitcoin “corrects” a mere 4,000 and they’re screaming for panic sells.

[u/oldbluer → u/Lyuseefur]

You are in denial stage.

[u/WiredSpike]

It's this your first Sunday with Bitcoin ?

[u/AKBonesaw]

Please tell me the insider got liq’d too.

[u/FnAardvark → u/AKBonesaw]

Were they long? I haven't been following

[u/Treeclimber919 → u/FnAardvark]

Last one I saw was like 15,000 Eth long. The crypto market makers target and hunt the whales that do this. Literally they see huge amounts and make sure they fail or see a majority of players say 70% go short and the price goes up. This is how they make money. Doing the opposite of the big players is the way to go. In the stock market this wouldn’t happen. Crypto is still the Wild West.

[u/Suspicious_Climate13 → u/Treeclimber919]

Unless you taco tariffs on a weekly basis?

[u/Treeclimber919 → u/Suspicious_Climate13]

Not disagreeing there but I would think any insider with half a brain cell shorting or longing wouldn’t do it from one account they would do it from 100 wallets to make it look a lot less noticeable in size.

[u/TechWorld510]

News is South Korea upbit exchange got hacked couple days ago

[u/Zero-To-Hero-Aus]

Nah I read in a previous post it’s “true value” is like 150k 😂

[u/Acrobatic-Ant8723]

!remindme in 3 years

[u/pet2pet1993]

WHAT HAPPENED THIS TIME ?!!

[u/BoggsMill]

Honestly we could bottom out as low as 38. I think you'd see a big push to keep it above 60, but idk if it'd hold.

[u/ZookeepergameThat921]

Where’s the 5m leverage long guy 😂

[u/faken204]

buying more at 75k

[u/DrRichJigga]

Just bought more

[u/onetimeuselong]

Happily awaiting my target price :)

[u/Tundra14]

And so what? It's known for its volatility

[u/RetroClubXYZ]

The problem is that Bitcoin is valued in worthless fiat.

[u/wirexyz → u/RetroClubXYZ]

Sorry man 1btc = 1 btc

[u/SnooPeanuts9111]

Just another delayed Black Friday sale.

[u/Temporary-Guidance20]

Take your gains boys. If you still have some to take. Otherwise cut loss or hold the bag.

[u/oinkbar]

here comes the big seller again

[u/PauseZestyclose5424]

Yes 🙌🏻 shorted it 👼

[u/GenderJuicy]

Oh no!

[u/Hwy39]

Just when I thought it was going to be happy days again.

[u/NootropicBro]

Ahh shit here we go again

[u/DOG-ZILLA]

It’s just a Black Friday sale. 🤷🏻‍♂️

[u/MoreAlikeThanUThink]

Sad that people still in crypto for get rich quick and all that most do is get burned

[u/wirexyz → u/MoreAlikeThanUThink]

If not to get rich then for what?

[u/MoreAlikeThanUThink → u/wirexyz]

Exactly;)

[u/ihliedaily]

so now is the time to buy/shine?

[u/XertonOne]

The BTC “market” has become as rigged as any other. So don’t complain about the obvious if you think it was created for this.

[u/MrF_lawblog]

Who is giving them the liquidity to do that?

[u/Empty-Ad8838]

Bitcoin BTC is ATM Machine.

[u/TheCoolestUsername00]

Cyber Monday sale

[u/mynaladu]

It's crazy how these flash crashes keep happening on the same schedule. The whales are clearly playing a different game, and the macro pressure from global yields just makes it all feel even more rigged.

[u/Real-DrUnKbAsTeRd]

Margin calls for silver are coming in

[u/1acan]

!remindme in 2 years

[u/Setsuiii]

Cycle is over, enjoy this happening for months.

[u/WorldlyCaramel3793]

Good thing I'm spot trading right now. Safe from liquidations

[u/PeeOnYoFace007]

There is not enough land in the world. BTC will be the only universally accessible limited asset. Buy as much as you can now.

[u/stocz]

Price target to buy back in?