Bitcoinβs market cap has slipped from $2.5T to about $1.8T, a ~30% pullback, but the bigger picture still looks like smooth, structural growth. $1 USD now buys 1,100 little bits of Bitcoin, up from a low of ~800. 
James Viggiano π³πΏ
In November 2017, Bitcoin dropped about 30% from an ~$8k all-time high to ~$5.5k - then ripped to a new high near $20k by Christmas. Volatility like this isnβt unprecedented. 
Your Bitcoin savings might be down in dollar terms, but with everything on sale for Black Friday your purchasing power is kinda the same Β―\_(γ)_/Β―
GM and happy Monday! New Zealandβs cash markets open shortly, with Australia and Asia right behind. Will our local institutions use the head start to buy the dip or are they effectively handcuffed until the US ETFs open in 21 hours?
View quoted note β
Since spot Bitcoin ETFs arrived, weβve had three major βsalesβ: -35% (Aug 2024), -30% (Apr 2025), and now -25%. Every dip is getting shallower as big buyers step in sooner. Are institutions front-running each other to catch the dip before anyone else can? #bitcoin 
A -25% sale on Bitcoin is great, but the chart shows itβs nothing like the -40% to -80% discounts weβve seen before. Do we still have deeper discounts ahead to look forward to, or is this sale coming to an end? #bitcoin 
Dollars $USD fall to an all time low. You can now purchase a dollar for less than 800 sats of #Bitcoin
π£ Bitcoin OP_RETURN: Purity vs Pragmatism
Should Bitcoin fight economic reality or adapt to minimize harm? π§ Dive into the debate π
Looking at the chart, itβs clear weβve passed the bottom and the trend is heading up π± Spring is here, summer next. 
Itβs misleading to say Bitcoin βnever fulfilled its promise.β Bitcoin was launched in 2008 in direct response to the promises broken by central bankers during the financial crisis. As Satoshi Nakamoto put it: βThe root problem with conventional currency is all the trust thatβs required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.β
On that front, Bitcoin has never failed. It has never been debased, never been bailed out, and never inflated beyond its fixed supply. It is inflation-proof by design. That is the promise it has delivered and continues to deliver.
On payments, Bitcoin now settles trillions annually in final, bearer-asset transfers - something no other system achieves. For everyday use, the Lightning Network handles millions of instant, near-zero-cost transactions, cheaper and faster than Visa or EFTPOS. To dismiss Bitcoin as βspeculativeβ or just βdigital goldβ ignores its real-world role as both savings and money - from El Salvador to the United States, to meetups here in New Zealand, and even the Bitcoin Basin in Queenstown.
Bitcoin is the only system that offers open, borderless, censorship-resistant digital cash. Far from failing its promise, it is the only form of money that has actually kept its promise.