Because they can get leverage I cannot. MSTR probably isn’t the best company to own who is doing this. But if a major, publicly traded oil & gas company ever entered the fray … they might be worth 5-20% allocation to outperform bitcoin, especially on a short-term basis.
Class of 2021 is the hardest class. Longest bear market, no blow-off top, bear draw down below prior ATH, absolute shit 2025 bull market.
I’m saltier than everyone else because the data says I should be.
nostr:note15pqy8qmke9pt3ndh390490kwyh835rsftfc45hmqmxlkcsxsyynsxpsq77
Tonight won’t be that night for me. Wide awake, mind racing.
“What’s taking so long?” — Class of 2021
Definitely a risky, centralized single point of failure. But even if they can stave of “failure” indefinitley, Coinbase is inarguably a centralized, single point of market manipulation.
nostr:note134dg552pfngczk2we89vzycmzq59kyfn74yu7l3jzshnkh2f2d4s8t8yx8
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx bitcoin park’s NOSTR relay is down?
Yeah, 4-year cycle is the right look. Ties to the halving supply dynamics. 5-years is arbitrary.
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
nostr:note149rcyd7l24v3u2w92lhlg5d8s988ldd83mcmka4r85d5lrtdqges2wskn2
GM
nostr:note1g24f77ae90hyecesdhr65epq2npdll5xdl67k8d8yj4m6xageunqug36ra
Thanks for the troll. It is a serious question about the timeline for the bills progressing in the United States Congress. Is it spring? Summer? Fall? Next year?
What’s the expected timeline for the bitcoin legislation?
This is more than M2 global liquidity blunting a bull market. This is the “then they fight you” stage, they’re doing it behind the scenes as to not draw attention to bitcoin the asset, and most bitcoiners seem oblivious or don’t care. Honey badgers?
nostr:note12t0v3affzkzj546yv0e6cv23d226hh5kg45cznsd4pck2mm2zx6sdv7eha
I strongly disagree on the basis of self-interest. I’m more likely to spend % of my stack on living for a year (or 4) once I’ve cleared the stress of saving for my future. That’s why class of 2011-13 is living baller lifestyles with little care. Their stacks go a long way, so who cares about spending .05 bitcoin on xyz … they have 500-2000 btc left over.
But as far as spend and replace, there isn’t a killer app / experience that makes that worthwhile. Everytime I’ve tried to do the “hey will you take a tipping bitcoin” the onboarding process is awkward, usually requires KYC, and just is difficult to justify for merchants.
Also, taxes. Every time I spend bitcoin, I have to report taxes. And it is a pain.
There is far too much friction in the medium of exchange as it currently sits.
We should really be challenging nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m because he runs Block and they should set every single square and cash app vendor up on Lightning as a default.
Not really. People spend more when they feel richer. That’s basic economics.
NGU. The less bitcoin is needed as a savings technology, the more bitcoiners will spend the bitcoin they have held.
Lotta demand soaked up those weak hands between $2-3/btc?
Nah, bro. I’m sitting over here waiting for bitcoin to moon. While Coinbase could be adding 100k, 250k, 500k bitcoin to the “absolute scarcity” … every bitcoiner should care. That’s why I’m so pissed off about it.
Your position is the exact reason I’m yelling about it and won’t shut up.