Boomers are selling Blackrocks iShares #Bitcoin Trust at record pace. We are ready to moon. 🚀

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Why tho? Lol

They bought at 100k

The problem is they use USD as their unit of account, so rebalancing seems smart. Rather than using bitcoin where rebalancing seems retarded.

Rebalancing as a strategy is also premised on asset classes returning to a mean, which bitcoin doesn't do.

Hell yeah gimme those cheap sats!!

Up 1% while boomers are "taking profit"? Hold the line, lads.

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We're ready to moon with or without them. I'm just curious as to how you conceive we are ready to moon IN LIGHT of their insidious gagging

Meh. I don't believe for a second any of this is organic.

I don't understand how they try to achieve making money by behaving in a manner that is actively against them making money.

Are people really that scared?

Jesus

Countries talking about major bitcoin buys for strategic reserve in 2025: USA, Russia, Japan, Thailand

Countries that will likely continue aping in:

USA, China, UK, Ukraine(?), Bhutan, El Salvador

Just my two sats

Wall Street still in on the degen though.

The expectation and reaction to returns is much, much different in the traditional space as opposed to the typical HODL nature of the Bitcoin ethos.

TradFi claims “buy and hold” but as you can see on their actions with IBIT. They do not practice what they preach.