# Bitcoin World Volatility

**URL:** <https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472>\
**Category:** General Discussion\
**Tags:** bitcoin\
**Created:** [20 March 2024 03:38 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472 "2024-03-20T03:38:34Z")\
**Posts on this page:** 20\
**Page:** 3

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [4 June 2024 23:41 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/42 "2024-06-04T23:41:21Z")

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JUST IN: 🇺🇸 Senator Ted Cruz says he purchased 3 Bitcoin miners that started mining in Texas

@WatcherGuru

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [5 June 2024 00:45 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/43 "2024-06-05T00:45:10Z")

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> [@The Crazy Years](https://scanalyst.fourmilab.ch/t/the-crazy-years/1451/4139):
>

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [5 June 2024 03:25 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/44 "2024-06-05T03:25:01Z")

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The State of Wisconsin Investment Board’s (SWIB) initial investment of $164 million in spot bitcoin exchange-traded funds (ETFs) like BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Trust (GBTC) is likely just a trial phase, according to David Krause, a finance professor at Marquette University.[1][3] Krause believes the SWIB, known for being innovative, is testing public reaction and assessing potential resistance to owning bitcoin.[1][3] He expects the SWIB to increase its bitcoin ETF holdings, as the current investment is negligible at around 0.1% of its $156 billion portfolio.[3][5] Krause views this as a “toe in the water” approach, anticipating the SWIB to gradually raise its bitcoin exposure to 1-2% of its portfolio.[1][2]

Sources  
[1] Wisconsin Pension Plan Likely to Invest Much More in Bitcoin ETF, Marquette Professor Says [Bitcoin ETF (BTC) Purchases for Pension Funds Just Getting Started](https://www.coindesk.com/business/2024/06/03/wisconsin-pension-plan-likely-to-invest-much-more-in-bitcoin-etf-says-marquette-professor/)  
[2] BREAKING: Wisconsin Pension Plan Poised for Larger Bitcoin ETF … [https://cryptoadventure.com/breaking-wisconsin-pension-plan-poised-for-larger-bitcoin-etf-investment-can-it-propel-btc-price-to-new-ath/](https://cryptoadventure.com/breaking-wisconsin-pension-plan-poised-for-larger-bitcoin-etf-investment-can-it-propel-btc-price-to-new-ath/)  
[3] Wisconsin Pension Plan Likely to Invest Much More in Bitcoin ETF … [Yahooist Teil der Yahoo Markenfamilie](https://finance.yahoo.com/news/wisconsin-pension-plan-likely-invest-182335859.html)  
[4] Wisconsin pension fund now includes bitcoin - WPR [Wisconsin pension fund now includes bitcoin - WPR](https://www.wpr.org/news/wisconsin-pension-fund-bitcoin)  
[5] Wisconsin Pension Buys $160 Million in Bitcoin ETFs [Wisconsin Pension Buys $160 Million in Bitcoin ETFs | Chief Investment Officer](https://www.ai-cio.com/news/wisconsin-pension-buys-160-million-in-bitcoin-etf/)  
[6] David Krause on WRS investing millions into a Bitcoin ETF [https://pbswisconsin.org/news-item/david-krause-on-wrs-investing-millions-into-a-bitcoin-etf/](https://pbswisconsin.org/news-item/david-krause-on-wrs-investing-millions-into-a-bitcoin-etf/)

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [7 June 2024 07:21 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/45 "2024-06-07T07:21:40Z")

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I recommend everyone should have one percent bitcoin allocation in their portfolio.

Strike app is an easy cheap way to buy bitcoin.

Another way to get bitcoin exposure is fidelity ETF or micro strategy MSTR. I prefer MSTR over bitcoin ETF.  
I personally own a lot of MSTR in my Roth IRA because setting up a bitcoin retirement account is a pain.

To summarize: one percent bitcoin or MSTR allocation

I have a friend whose allocation is 90 percent bitcoin and 10 percent cash. He rebalances this portfolio once a month.  
I don’t recommend a 90 percent allocation. My friend has a high tolerance for volatility. He is a software engineer who paid off his mortgage in 15 years. He lives in Texas which is now the hub for bitcoin mining in USA.

I live in California where it’s annoying to be a property owner. I have thought about selling my real estate investments and buy more bitcoin. But I am crazy and can stomach volatility. Ever since the dot com crash in 2000 and the great financial crisis in 2008. Plus the crazy volatility of bitcoin since inception

This is not investment advice.  
This is a friendly recommendation.

Feel free to direct message me if you have any questions

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [12 June 2024 10:31 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/46 "2024-06-12T10:31:56Z")

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> [@Donald Trump meets with large public bitcoin miners](https://scanalyst.fourmilab.ch/t/donald-trump-meets-with-large-public-bitcoin-miners/4693):
>
> Former President Donald Trump met with several Bitcoin miners at his Mar-a-Lago estate on Tuesday night. During the meeting, Trump expressed his love and understanding of cryptocurrency, stating that Bitcoin miners help stabilize the energy supply from the grid.[1][2][3] He also hinted that he would advocate for miners if elected to the White House again.[2][3] The Trump campaign did not respond to requests for comment on the meeting.[2][3] Sources [1] [Yahooist Teil der Yahoo Markenfamilie](https://finance.yahoo.com/news/trump-meets-bitcoin-miners-latest-012040706.html) […

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [15 June 2024 04:44 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/47 "2024-06-15T04:44:17Z")

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> **[Bitcoin supply is approximately 21 million \\ stacker news ~bitcoin\_beginners](https://stacker.news/items/574451)**
>
> The 21 million Bitcoin limit is an approximation, not an exact figure hardcoded into Bitcoin's protocol. Here are the key points: Bitcoin's code does not explicitly set a cap at 21 million coins. Instead, it defines a schedule for creating new...

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [1 July 2024 06:00 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/48 "2024-07-01T06:00:09Z")

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> [@Crypto in the Real World—Argentina](https://scanalyst.fourmilab.ch/t/crypto-in-the-real-world-argentina/1859):
>
> Ever since the 1930s, Argentina has been almost a laboratory experiment in poor governance and misguided economic policy. In 1896, the country’s GDP per capita exceeded that of the United States, and the country was the seventh wealthiest overall in the world in the early 20th century, remaining in the top ten until 1920. Starting in 1930, it embarked on a chaotic series of veers to the left and right, political instability, military coups, and financial crises, inflation, currency devaluation…

My friend in Argentina can confirm almost everything Devon wrote

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [3 July 2024 21:21 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/49 "2024-07-03T21:21:40Z")

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> **[Trump Sparks Talks Of Bitcoin As A Strategic Reserve Asset \\ stacker news...](https://stacker.news/items/595944)**
>
> @Rsync25 stacked 17 sats posting https://www.forbes.com/sites/digital-assets/2024/07/03/trump-sparks-talks-of-bitcoin-as-a-strategic-reserve-asset/ \[2 comments\]

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [9 July 2024 08:17 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/50 "2024-07-09T08:17:11Z")

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> **[Bitcoin Accepted - PoS systems \\ stacker news ~bitcoin\_beginners](https://stacker.news/items/600658)**
>
> I would like to make a recap of all known PoS (Point of Sale) systems with integrated Bitcoin payments, for small or big merchants, custodial or self-custodial, "ready to go" (no need any other complex installations) PoS Definition - A simple UI...

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<div class="post-metadata">

**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [9 July 2024 15:22 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/51 "2024-07-09T15:22:12Z")

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> <https://x.com/BitcoinMagazine/status/1810380325132087548>

> <https://x.com/KatiePhang/status/1810391401554915653>

Page 9, Champion Innovation

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [10 July 2024 23:36 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/52 "2024-07-10T23:36:15Z")

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[![](https://scanalyst.fourmilab.ch/uploads/default/original/3X/3/b/3bf8bfb8cdc6e4ff9a4ede54c284839c764b1b95.jpeg "The Real Reason the US Gov’t Fears Bitcoin — It Isn’t What You Think | Robert Breedlove") ](https://www.youtube.com/watch?v=TicTDnzgKDM)

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [11 July 2024 03:26 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/53 "2024-07-11T03:26:55Z")

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> **[Speakers | Bitcoin 2024](https://b.tc/conference/2024/speakers)**
>
> The largest conference focused on Bitcoin.

edit: Trump will be one of the speakers

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [16 July 2024 16:26 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/54 "2024-07-16T16:26:16Z")

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JUST IN: 🇺🇸 Donald Trump’s Vice President JD Vance previously disclosed Bitcoin holdings up to $250,000.

WatcherGuru

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [26 July 2024 04:24 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/55 "2024-07-26T04:24:16Z")

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> **[Trump raises more than $4 million in bitcoin, other digital coins as crypto...](https://www.cnbc.com/2024/07/25/trump-raises-more-than-4-million-in-bitcoin-other-cryptocurrencies.html)**
>
> As he heads to Nashville, Tennessee, to keynote a major bitcoin conference, Donald Trump is reeling in millions of dollars in cryptocurrencies.

edit:

> **[Watcher Guru](https://t.me/WatcherGuru/6426)**
>
> JUST IN: Presidential Candidate Robert F. Kennedy Jr says "I put most of my wealth into Bitcoin. I am fully committed."
> 
> @WatcherGuru

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**Author:** ![magus](https://scanalyst.fourmilab.ch/letter_avatar_proxy/v4/letter/m/a88e4f/32.png) [@magus](https://scanalyst.fourmilab.ch/u/magus)\
**Post date:** [27 July 2024 18:54 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/56 "2024-07-27T18:54:53Z")

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Alliance Bernstein analysts [predict](https://www.theblock.co/post/300138/bernstein-bitcoin-price-target-2025):

- $200,000/BTC by mid-2025
- $500,000/BTC by 2029
- $1,000,000+/BTC by late 2033

![image](https://scanalyst.fourmilab.ch/uploads/default/original/3X/2/1/21f8b29b78519fb943b58a3fd76c7c35dbe0239a.png)

We’ll see.

One thing is certain: The supply of dollars is increasing at a much faster rate than the supply of bitcoin.

A maximum of 21 million bitcoin can be created, of which approximately 1 million are believed to be owned by Satoshi Nakamoto and 4 million or more are estimated to have been lost, leaving the effective maximum supply at 16 million bitcoin. Owning 1 bitcoin means you own at least one sixteen-millionth of the total bitcoin that will ever be in circulation. How many dollars would you need to possess to have one sixteen-millionth of the total supply of dollars? The U.S. government reportedly holds around 200,000 bitcoin. What other asset could you own a larger fraction of, relative to the U.S. government’s holdings?

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [27 July 2024 19:10 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/57 "2024-07-27T19:10:03Z")

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My prediction for Dec 31, 2024 is $85,000

edit:

Bernstein:  
The analysts also initiated coverage on MicroStrategy stock with an outperform rating, targeting a price of $2,890.

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**Author:** ![Mettelus](https://scanalyst.fourmilab.ch/letter_avatar_proxy/v4/letter/m/a587f6/32.png) [@Mettelus](https://scanalyst.fourmilab.ch/u/Mettelus)\
**Post date:** [27 July 2024 21:40 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/58 "2024-07-27T21:40:50Z")

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> [@magus](#):
>
> The U.S. government reportedly holds around 200,000 bitcoin

I have never heard that. In what way or account? The US treasury has purchased bitcoin?

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**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [27 July 2024 21:41 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/59 "2024-07-27T21:41:48Z")

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Law enforcement confiscation

Like DEA confiscating mansions and Ferrari during the 1980s from cocaine dealers

Edit:  
They have had auctions to sell bitcoin in the past. That’s how Tim Draper purchased most of his bitcoin.

added:

> **[How did usa government acquire bitcoin](https://search.brave.com/search?q=how%2Bdid%2Busa%2Bgovernment%2Bacquire%2Bbitcoin&source=desktop&summary=1&summary_og=589154a5b1b66ca5d8ef77)**
>
> The USA government acquired Bitcoin primarily through legal seizures from criminal activity and confiscation of illegally obtained funds. Here are the key events and methods:
> 
> Seizures from criminal activity: The US government has seized Bitcoin...

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<div class="post-metadata">

**Author:** ![Mettelus](https://scanalyst.fourmilab.ch/letter_avatar_proxy/v4/letter/m/a587f6/32.png) [@Mettelus](https://scanalyst.fourmilab.ch/u/Mettelus)\
**Post date:** [27 July 2024 21:50 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/60 "2024-07-27T21:50:38Z")

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> [@Citizen\_bitcoin](#):
>
> Like DEA confiscating mansions and Ferrari during the 1980s from cocaine dealers

When you hear tptb talk about crypto being used to sponsor terrorism or criminal acts, just ask yourself if they respect the bill of rights that they took an oath to uphold?

They somehow know a person is a criminal without trial. How does that work? That is how they confiscate property. Of course crypto is used and so is every currency and gold. So what is different? Bitcoin cannot be confiscated without trial. They cannot trace it as easy. Tracking people’s money is unconstitutional and I don’t give a crap what judges or Yale law professors say. It is far more invasion of privacy than caring about what goes on in someone’s bedroom.

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<div class="post-metadata">

**Author:** ![Citizen\_bitcoin](https://scanalyst.fourmilab.ch/user_avatar/scanalyst.fourmilab.ch/citizen_bitcoin/32/19488_2.png) [@Citizen\_bitcoin](https://scanalyst.fourmilab.ch/u/Citizen_bitcoin)\
**Post date:** [25 August 2024 04:48 UTC](https://scanalyst.fourmilab.ch/t/bitcoin-world-volatility/4472/61 "2024-08-25T04:48:52Z")

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