If every company in the S&p buys bitcoin we could see s&p 100k in 3 yrs!

Discussion in 'Trading' started by S2007S, Oct 8, 2024.

  1. S2007S

    S2007S

    If every s&p company buys bitcoin and copies what mstr is doing , the s&p can print the most free money the world has ever seen and send it soaring to 100k++ within 3 to 5 yrs....we don't even have to worry about what a companies eps, profits, revenue or what future earnings prospects are, as long as they buy bitcoin there will be infinite upside!!
     
    johnarb and MarkBrown like this.
  2. MarkBrown

    MarkBrown

    do they know you're missing yet? lol
     
    SimbasPryde and ElCubano like this.
  3. 2rosy

    2rosy

    forget goods and services. hoard bitcoin
     
  4. orbit23

    orbit23

    You are a god damn genius!

    The US government could also solve it's debt crisis by putting Bitcoin on it's balance sheet.
     
  5. Picaso

    Picaso

    :D

     
  6. S2007S

    S2007S


    Absolutely, they could wash away 36 trillion in debt within 10 yrs or less !!
     
  7. NoahA

    NoahA

    You have the right idea but completely off on your target. How much bitcoin do you think there is to go around?

    You really need to look at this from a different perspective. The world cannot keep going forward on a fiat system that requires infinite growth and printing. The need for inflation is a myth because of how the current money is designed. The ability of the elites to steal money is coming to an end. There is literally not much more left to squeeze.

    Money is just an accounting system. More and more people realize every day that the current system isn't benefiting them. Even if you don't buy bitcoin today, you will still benefit from a much fairer system because you won't be stuck in a race that you cannot win. The young people today who cannot buy a house are learning exactly this. The only reason why they cannot buy a house is because the system is broken, and more and more people every day are switching.
     
    semperfrosty, johnarb and Tokenz like this.
  8. johnarb

    johnarb

    Blackrock recently said that bitcoin is the solution to the $35T US debt

    I don't know the context or what, but yea, bitcoin fixes everything, stay humble, stack sats
     
    semperfrosty, orbit23 and NoahA like this.
  9. maxinger

    maxinger

    useless thread.
     
    Slow Learning Elf likes this.
  10. nitrene

    nitrene

    This could be a parallel bubble to AI for the next stage in the rally. I could definitely see GME do this. They have a lot of cash but no real business left.
     
    #10     Oct 9, 2024