I question everything. We don’t even know who the creator satoshi nakamoto is. For all we know it could be the fed. They control the masses by fear. Like I said this dip isn’t $hit and worse ones are coming. I’ll still be buying. PayPal and Square will be the new banks if regular banks don’t get on board.
@I_Need_A_Detox
I know there have been rumors but do we truly know how many bitcoin satoshi supposedly has?
MSTR shares go from $150 to $1300 in 3 months and people want to use the top of the wick to $1300 as the measuring stick?
Why don’t we use $60 per share as the measuring stick since that’s what it was trading at on average for the 240+ months before Saylor bought bitcoin?
Now it’s at $690.
You’re trying to blame bitcoin and Saylor’s decisions for the drop from the top of the wick after a massive run?
The reality is Saylor and bitcoin caused the massive run up in their stock price.
This is why intelligent bitcoin people just use the phrase “have fun staying poor” ... because the arguments that bitcoin haters make are completely absurd and not even worth entertaining most of the time.
Huh? I don’t understand what point you’re trying to make about MicroStrategy. He currently owns $1.15 billion worth of bitcoin at an average price of around $16k per bitcoin. And he just freed up another billion in cash to buy more. Why would he be out of job if BTC goes to $30k? Are you going to fire Elon Musk too for buying $1.5 billion worth at $32,000? What awful platform are you talking about? Are you talking about Coinbase? Coinbase isn’t bitcoin. But it’s about to go public at around a $70 billion valuation. What does gold do better than bitcoin? Gold has a market cap 12x bitcoins. Nobody asked that old hag Yellen about gold because nobody cares about gold. Yellen should focus on the failing dollar. This massive money printing and laughable inflation of assets is the cause of MASSIVE inequality. Something the frauds on the left have pretended to care about for decades now. I get it you’re mad that you sold your bitcoin at $6,000 and then it went on a historic run to $60,000 ... but at least try to make sense when presenting your argument next time.
No disrespect to wallstreet for sharing his opinion but damn that rebuttal is right on point.
Sure BTC could implode, but when the lying government (yellen) is telling you it’s a bad investment and intelligent people like musk are investing, I know what side I want to be on!
I'm trying to spread funds around.
I recently signed at for an account at Yield nodes,will be depositing some there this week.
I've also signed up at hyper fund.The returns here are insane and I'm gonna try it for myself to see if hype is legit.
If you guys haven't heard of these take a few mins to look them up and let me know what you think.If anybody is interested I can share refferal links.
Tons of ways to make money in this space and I wanna try em all LOL.
Was just finishing up this Saylor podcast and he mentioned Biden’s new SEC chairman Gary Gensler. So I decided to do a little google search....This guy currently teaches on blockchain technology, digital currencies, financial technology, and public policy at MIT. 
However, the article was pretty bearish and mentioned his favor for more regulation, but who knows what the motives were for the writer. Just found it interesting.
Michael Saylor
MicroStrategy has purchased an additional ~19,452 bitcoins for ~$1.026 billion in cash at an average price of ~$52,765 per bitcoin. As of 2/24/2021, we #hodl ~90,531 bitcoins acquired for ~$2.171 billion at an average price of ~$23,985 per bitcoin.
https://www.microstrategy.com/en/investor-relations/press/microstrategy-acquires-additional-19452-bitcoins-for-1-026-billion_02-24-2021
Detox,
Your reply is exactly why I do not respond or get involved with you...your biases and anger make you a very miserable person when you do not agree with what someone else is saying. You lack respect and control of your temper. It is ok I do not share your cheerleading vigor on BTC, I did not attack you personally yet you cannot help yourself to say ridiculous false things like where I sold my BTC, you get that intentionally wrong over and over to be a petty little crybaby when I do not support your position, political or BTC it does not matter.
I suggest you learn how to disagree with people and especially when it is against your interests...I think I've given this reply many times to you for the same reasons.
And yes when you leverage using debt the risk is higher, when you average up into higher prices that raises your average. Where did you get 16k from on his averages? He has been buying in the 30s and 40s and 50s, so how can that average keep dropping? I dont care it is my opinion it is a non-business highly leveaged risk he is making and no question if the trade goes against him he will lose his job and the company will be left holding the debt at a lower price than it is worth since the underlying asset will have gone down in value. These are simple unbiased observations. Musk did not borrow to buy, nor if he did would it be at a high percentage to assets and corporate value. High risk leverage trades have a historical record of imploding.
Old hag Yellen? Man you gotta get your petty mouth under control..
His average per btc before this buy was roughly $16,000 per btc.
He just bought another $1.02 billion worth at an avg price of $52,765
The company now owns 90,531 in total at an average buy price of $23,985 per bitcoin
He has spent $2.17 billion to buy bitcoin and his 90,531 bitcoins are currently worth $4.46 billion
Some people know how to handle a difference of opinion and some do not, some people can control their little temper and some can not.
The largest difference between you and most is when you are not agreeing with someone you get personal, petty and nasty saying really childish comments and lying to make yourself feel better. I do not wish you ill will with your investment or belittle your choices, I do not throw insults when your political candidate is different than mine or if your risk investment profile is not like mine. YOU on the other hand have and always will stoop to insults and digs because you cannot control yourself.
If you have a problem being respectful and having a discussion with someone that does not share your view then that is a problem that will continually need to be addressed. Please be respectful to everyone and try to control that temper.
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