BTC

Socalwarrior485

There are plenty of assets that don't require large institutions to buy them to establish price - land, collectibles like art, automobiles, physical numismatics, and items with provenance, etc just to name a few. If your asset is fungible, like most stocks, crypto, bonds, etc generally, big buyers force price discovery. Your question was worded interestingly, as a yes or no, so I answered it exactly correctly, despite seemingly being downvoted. Simply said, if there isn't something unique about your asset, the biggest buyers and sellers will be the price setters. I have heard from time to time that BTC was democratised, but that's just wishful thinking. Fungible assets will trade at their perceived utility. I argue that a big part of Bitcoin's perceived utility is its propensity to go up in value. If you remove that utility, it's just another crypto coin, maybe not even as desirable.

Hfksnfgitndskfjridnf

Yup. Once STRC hits a year from IPO I’m gonna go back and see how much they had to dilute to pay a years worth of divs. Last I checked they’ve already given back over 10% of the BTC yield they initially claimed and that was a couple months ago. It’ll probably be close to 20% at the 1 year. Which means it’s almost certain that MSTR shareholders would have been better off if they never had the IPO.

LordJamPunt

3% is nothing for BTC

GalaxyDefender1x

yes... always my DCA is higher than actual BTC value!!! NICE little investemnt!!!

Hfksnfgitndskfjridnf

Feb and March are pretty clear in that they sold MSTR to pay the STRC div. They owed 30 million a month for those divs and their capital raises were 30 million higher than the BTC they purchased. You are correct for April and May though, I don’t see anything for May indicating MSTR sales and April is hard to tell since they split the period up between end of March and start of April. It’s kinda wild how quickly the STRC divs ramped. They were 30 million a month in February of this year and are already at 100 million now.

duckyTheFirst

Tech is worthless if it isnt trusted by everyone. Thats why btc does well. BTC as it is right now is basically what silver and gold is for conventional traders. Crypto on the other hand has the reputation of being unreliable and very speculative. You can be in it for the tech but dont complain about prices then.

LaForge_Maneuver

Yes but those things have intrinsic values. platinum is a store of wealth but also a precious metal that has uses. The only reason people buy BTC is for speculative investment.

Local_Economy

If he’s cashing his mining stocks into more BTC

HashCrafter45

macro mostly. dollar strengthening, risk-off sentiment across all assets, and tariff uncertainty hitting everything including crypto. BTC follows global liquidity tighter than people admit.

SilentW1

Nothing bad with these post in my opinion. Some are curious to read the latest narratives without spending hours watching the news, even though they are just that: narratives. Yes, it might not be the real reason BTC moves, but still cool to have a look at least.

almo2001

BTC was designed to enrich early adopters. It attracted them by showing them that it was a deflationary system and that means getting in early and holding is how to make out.

One_Position_9475

BTC plan this wk Written in newsletter but ill pull it out. **Scenario one: Bounce and double bottom.** If buyers step in today and defend the channel lower boundary at 72.2k, the setup that forms is a lower timeframe double bottom. The previous lows in this zone provide the first bottom. Today's hold and recovery provides the second. For the double bottom to be valid on the lower timeframe, we need to see a few things. A hold above 72.2k intraday with rejection of any wicks below it. Then a recovery that starts to build momentum toward the first resistance above. Here are the bounce targets in sequence if the double bottom confirms. 75k is the first target. In the current environment that's achievable in a single strong session if volume comes in. 76k is the next level above that. The previous structure zone. A push through 75k and into 76k would start to feel constructive and would give short-term longs a position to manage with a stop below the double bottom low. 78.3k is the meaningful resistance above 76k. For members looking at a short-term long entry on the double bottom setup, the risk management is straightforward. Entry on confirmation of the hold above 72.2k. Stop below the double bottom low with a small buffer. Targets in sequence at 75k, 76k, and 78.3k. This is not a macro reversal trade. It's a defined risk bounce trade in a bear market. Treat it as such. Size accordingly and don't let it become a hope position. **Scenario two: Channel break and move toward 60k.** If 72.2k doesn't hold and we get a daily close below the channel lower boundary, the structural picture changes immediately. A daily close below the yellow channel lower boundary is not just a support break. 65.2k is the first level I'm watching on a channel breakdown. The yellow dotted horizontal on the chart marks this level clearly. It's a previous reaction zone and it would be the first place to look for any stabilisation.

WanderingSelf

It's the otherway arround, you pay \~3% to buy BTC in Cash.

aaaanoon

Strategy- 1-buy BTC. 2-try to become associated with BTC

ARoundForEveryone

Why wouldn't it be? His creditors, his employees, and anyone else he needs to pay for various services, may not accept BTC. In that case, he needs to have money in a bank so he can write a check or cut payroll. What we're *not* hearing from headlines is how much Bitcoin he's sitting on that he *didn't* sell.

SpontaneousDream

BTC is not going to get out of bear market until Saylor and his scheme get wiped out

Caspica

The ones you're calling "paper handed bitches" were the ones that created the 10 years of gains as well... Money needs to change hands. It's possible that BTC can consolidate and recover, but it could also be a sign of lenders being more concerned about the asset. If you sincerely believe in BTC then yeah, they're paper handed bitches, but those who lent MSTR money want either a stable, liquid asset or short term gains. The BTC hasn't delivered either of those which would make them nervous.

Gloomy-Soup9715

32BTC is irrelevant volume, but in general if someone tries to sell high volume quickly price drops, obviously market is deep enough that even 3200BTC would be absorbed, but on lower average price. You asked "there had to be buyers of X bitcoin?" And yes, there are always buyers, some are willing to pay 78k, some 76k and some only 69k. The deeper market the higher volume on every price level waiting for a "fair" price for them. Bitcoin is deep enough, but some cryptocurrencies are not.

unknowngloomth

I'm just a stranger on Reddit, man. I'm not telling anyone what to buy or sell. I'm just saying that BTC isn't a store of value or hedge against inflation as BTC maxis like to boast about.

DubaiInJuly

That's because people are oversensitive, reflexive children. I don't even like Saylor but if you take a signal from the 32 BTC he's sold and not the 800,000 he bought, you're the definition of a paper handed bitch.

unknowngloomth

Gold is trading around 149% from the 2021 baseline whereas BTC is only trading around 59% and gold has a bigger market cap. Logically BTC was supposed to be trading higher. It isn't. Gold is a true store of value. BTC is just narrative. Lame...

Consistent_Coach_823

You make a great point about the difference between 'Nasdaq momos' and sovereign/treasury accumulation patterns. That shift in buyer composition is exactly what’s fundamentally changing the market structure. I agree that we haven't seen a true 'risk-off' stress test yet to confirm the decoupling is permanent. It’s easy to look decoupled when liquidity is stable, but the next liquidity crunch will be the real litmus test for whether BTC is truly acting as a hedge or just another high-beta asset. It’s definitely going to take time perhaps a full cycle, to see if this structural change holds up. Appreciate the nuanced take.

DarkNubentYT

32 BTC? Out of 800k... He probably needed to pay of one of the cruise ships.

Consistent_Coach_823

Spot on. The 'portfolio insurance' narrative is definitely gaining more traction than the old 'digital gold' marketing slogans. You hit the nail on the head regarding the liquidity crunch risk, that's the true stress test for the decoupling theory. It'll be fascinating to see if BTC acts as a flight-to-safety asset in the next cycle, or if the correlation spike remains an inevitable reality. Appreciate the insight.

N0GARED

@mods This is a **crypto scam** on Reddit (r/Bitcoin). Here's what's actually happening: **The Setup** Someone claims they "lost" their Bitcoin wallet password and is offering a huge reward (18-36 BTC) to anyone who can recover it. **The Scam** Notice the line at the bottom: *"For 90% Password :- 0.5 BTC — Address: 1FeYM7i... — Wait 3hrs After Payment"* They're asking **you to pay them first** (0.5 BTC ≈ ~$47K+), supposedly to receive the 90% of the password needed to crack it. Of course, after you pay, you get nothing. **Red flags:** - Asking for upfront crypto payment - Massive promised reward (classic too-good-to-be-true) - Crypto payments are irreversible - The "scammers don't try to trick me" line is itself a manipulation tactic to build false credibility - Posted 2 minutes ago with only 1 upvote — a throwaway account **Bottom line:** Do not send any crypto or engage with this. It's a well-known advance-fee fraud adapted for Bitcoin.

LordJamPunt

and if it recovers entirely? Most maxis consider BTC to be in a bear market, this price drop came as a surprise to nobody. The price dropped 3% for the same reasons any meme stock fell that much today, pointing any single reason is usually silly.

unknowngloomth

BTC digital gold? Hahaha. Then why does it dumps during geopolitical instability? As gold goes up? 🤣

gigasawblade

This does not prove anything, nobody had doubts that you can sell 32BTC within a week. If they sold BTC to repay 1.5B of debt it would prove liquidity. But they sold STRC for that instead, and amount of money from BTC sale doesn't even cover STRC dividends for a single day

unknowngloomth

Hyperliquid is a Dex. It's a platform which is being used. People actually use it for trading. What are people using BTC for that holding? It's not even a hedge against inflation. Even shitcoins like KASPA has a tech superior to BTC

Harfatum

BTC is digital gold (flawed if you ask me, but it was a genius invention and it has the memetic power). ETH is civilizational infrastructure if developers and policymakers keep leaning into it. HYPE is an exchange. It's a cool exchange but it should be valued as just a company. Its FDV is already *higher than* NASDAQ, so some perspective might be good here.

CaffeineComaMode

The decoupling thesis is interesting but I'd be careful calling it permanent until we see how BTC behaves in an actual risk-off event. Plenty of this time it's different moments in the last few years that quietly reverted once liquidity tightened. That said, the buyer composition genuinely has changed - sovereign holders and treasury companies don't trade like Nasdaq momos, they accumulate and sit. If that cohort keeps growing, the correlation breakdown becomes structural rather than temporary. Probably need another full cycle to know for sure

unknowngloomth

As if BTC and ETH weren't shitcoin themselves either lmaoooo those BTC maxis are fucking hilarious

unknowngloomth

Stop shilling HYPE. Let people keep holding their ETH and BTC. Lmao..

Caspica

>Ponzi schemes are when investors are paid off by investments from different investors. The idea being that you simply pay off old investors to keep up the act that you're investment company is making profits when it isn't. You're right that this is probably not a Ponzi scheme, although the definitional difference between speculation and Ponzi schemes can be hard to know beforehand. That doesn't mean that MSTR and BTC isn't a huge bubble driven by speculation. 

Freeloader_

32 BTC is nothing and it wont affect the price

devCheckingIn

They moved hundreds of BTC to Coinbase. Don't worry, they'll be selling more soon.

Freeloader_

you think those 32 BTC dropped the price by 3% ? lmaooo approx 100k BTC is sold/bought daily FYI

CalvinsStuffedTiger

It doesn’t matter where he gets the money to buy BTC…is Bank of America a Ponzi scheme? Where do you think they get all the money to loan out to people buying homes/starting businesses/etc.

LordJamPunt

You literally used the word “unloading” 100k bitcoin isn’t anything even close 32 BTC. Do you see how you need to change the numbers for your theory to make any sense?

ODD_Old_Dirty_Degen

The last point is kinda dumb because I remember a single Whale offloaded like 50k BTC last year alone. So selling 32 BTC to prove BTC is liquid isnt the proof he says it is.

Serenaded

They're throwing trillions of dollars at quantum computing in the next 5 years just in USA alone. That FUD has been around for about a year now, and BTC still has no realistic way of tackling it except to completely dismantle the chain and turn it into something else, where old wallets won't even be compatible anymore. It's just looking bad for BTC in a way that it never has before. QC is not an if, it's a when. I moved to a 50/50 split of ETH and XMR.

Socalwarrior485

Yes, that’s exactly what’s being said. BTC wouldn’t have reached the level it did with widespread adoption. Big buyers are driving the price, not grassroots.

GibbleGubby

It is a ponzi...and when BTC crashes it will be all over for Saylor. Bye.

GibbleGubby

Because BTC is headed to $50k...then they can buy it back.

SkewerSk8r

Been $25 daily buy until BTC back to 100k (since it dropped below 100k)

MinimalGravitas

> Everybody should start off in crypto with learning about Bitcoin If there was any way to test it fairly I would bet 6 figures that you don't understand anything about Bitcoin. > If you understand Bitcoin you’re already studying... All this braindead influencer slop is not 'understanding bitcoin'. You don't know what UTxOs are, you don't know what 'mining' is actually doing, you don't know how changes to the network are implemented... And because you don't know how any of it actually works you are happy to believe and repeat thought-terminating cliches about halvings and certainty as if you are enlightened and educating others, rather than just parroting the propaganda you have been fed. > "future supply schedule is known with certainty decades in advance." ... > "The halving worked and Bitcoin led the market exactly as it always has" Every time the block reward halves the amount of BTC paid to miners for the security they provide is halved. Unless the price of BTC doubles then this means that all other things being equal, Bitcoin network's security budget reduces. Well this cycle the price of BTC didn't double... And before you embarrass yourself by repeating the silly line about transaction fees, go and look up how irrelevantly small their contribution is. Within a few cycles (my guess is 3) the ever reducing gains in price each cycle will mean that mining profitability will be gone for all but the biggest few entities. Block production will be even more centralized and the network's lack of security will be well understood. At that point Bitcoiners will have to make a choice: * Increase the block size to try and get enough transactions to offset the issuance reduction - last time this was suggested a civil war occurred that led to the creation of BCH; * Or they could abandon the 21 million limit and introduce level emissions so that miners continue to be incentivized to secure the network, at the cost of BTC's one remaining investable narrative, the limited supply; * Or they abandon mining and move to an economically sustainable consensus model that doesn't require paying tens of millions of dollars to electricity companies just to play a random number guessing game every block, probably either Proof of Stake or Bitcoin could just become an Ethereum L2?

Born-Pomegranate-695

I was going to sign up for one of those local crypto excahange P2P sites but as a BUYER. And offer a 0% premium and hopefully get people that want to sell BTC (or tehter) for cash. Since you have vendors charging 3-5% to buy and sell, by charging 0% to buy (or hell, -1-2%) maybe I'll get some people looking to sell and I'll be the cheapest since I'm not trying to make money on the spread. Only issue is I need the deals to be \~$5k-$10k minimum to be worth doing. I'm not going to botyher to meet up with someone and do all the logistics to do $500 in transactions. NOt worth it. If it works I'll let you know. Right now I'm getting stuck at the KYC as I don't want to give these jokers all my info as it defeats the whole point. I miss the "old days" of bitcoin where it was super easy to buy/sell in person or without KYC

unknowngloomth

All I understand is that BTC is a huge memecoin with no cashflow. BTC was supposed to be a hedge against inflation. It isn't.

cm1430

Mstr has bought more BTC this year than was created 89k. The worry should be if they can't continue to buy where will the price settle.

Mix_Right

The billionaires share holders at Blackrock, JP Morgan Ectra need liquidity to prop up the stock market so they are selling the BTC along with high frequency trades from Jane Street. Hopefully the entire system collapses. Bitcoin will rise like a phoenix from the ashes.

Independent-Bee-8397

MSTR sold a few of their BTC and everyone is panicking. So lean back and quit the noise.

didnt_hodl

ever heard of REIT? what Saylor is doing is exactly that. only instead of real estate his asset is BTC

Gr8WallofChinatown

Where do you think he’s getting the money to buy BTC?

quintavious_danilo

BTC CEO started a fire sale

tardisious

the whole US market is about to take a dive. BTC is just more sensitive.

lucameiers

I trade on forex and I am using forex rebate provider and I get nice rebate every month that I withdraw in BTC. It is great way to get free BTC.

Hfksnfgitndskfjridnf

They actually always have paid the STRC dividend through sales of the common stock if you look at the filings. They just usually bury it under more BTC purchases so it’s harder to tell that that’s what they’re doing.

lonnie123

People can choose to lend them money with the understood risk that they could lose it. If I buy shares of the SP500 and it goes down, I lose money. If I buy shares of MSTR and BTC goes down, I lose money I have no idea why anyone would lend saylor money because all he does is buy BTC with it, it they do

HSuke

Then they will need to replenish it by selling more BTC or MSTR. Or get lucky on the next round of STRC ATMs mid-June. Not the end of the world, but I wouldn't be surprised if there's another 10-20% dip in BTC price if they run out. Most likely, they are already planning to sell more MSTR in 2 weeks so that they don't run out.

beanbalance

it is always interesting when BTC dumps but alts go up (in BTC).

DivineMackerel

Bitcoin is ***SUPPOSED*** to increase in value is not really a good response to the multiple failures of this "business model". The fact that this scheme is solely reliant on the value of a single asset means that to stay solvent when that asset doesn't rise in value, they have to sell shares to new members. Over time this has all the hallmarks of a ponzi scheme, even if it's not Bernie Madoff soliciting pension funds behind closed doors kind of scheme. If you believe in BTC, then just buy BTC directly. This company offers you nothing that the underlying asset doesn't offer you but adds on the losses associated with management fees and stock dilutions.

Euphoric_Coat_1956

Not by much. The company's overall Bitcoin acquisition strategy is heavily driven by Dollar-Cost Averaging (DCA) alongside debt and equity financing, resulting in an average purchase price of $75,699 per BTC.

BTC_MYTH44

MSTR sold 32 BTC today

Silent_Echo6647

Because Bitcoin is about to fall below 60k$ & later below 48k$,... & Microstrategy will Sell more of its BTC holdings in upcoming months/weeks. You can short Microstrategy stock & Bitcoin as well, & you guys can earn huge profits in upcoming months. US500 is also about to fall from current levels or max to max from 7800 levels . Short it & come back to this comment after some weeks.... Thanks me later

frugaleringenieur

Video is showing 999.000 balance suggesting 1000 BTC for $1000

EdgeQuiet2199

The AI trade has become its own narrative at this point. BTC not following doesn't necessarily mean panic, but the divergence is worth watching.

Medium_Change4574

Agreed, AI coins will outperform BTC from here

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Post is by: Carter_LW and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tu13za/btc_slipping_below_74k_while_equities_lean_on_ai/ BTC trading under the mid-74k area while AI-heavy equities keep getting a bid is an interesting split. If this were a simple risk-on tape, I would expect crypto to participate more cleanly. The question is whether this is just crypto-specific weakness, or whether BTC is warning that risk appetite is narrower than the index level makes it look. A market can feel strong when Nvidia and a few AI infrastructure names are doing the heavy lifting, but that does not always mean liquidity is broad. For BTC specifically, the rule I would care about is whether the break is just a wick through support or a real close-and-retest failure. Those are very different setups. Are people here treating this as a normal shakeout, or as a sign that the AI equity trade and crypto risk appetite are starting to diverge? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Lavayo

Thats the point. And still everyone freaks out. Of course it's probably a taste of things to come, but this reaction is totally overblown nonetheless. It makes sense to realize tax losses and buy back + some more / build up some cash / eliminate debt / pay dividends. Whatever they chose to do. Their long term goal is buying more than selling by concentrating on the BTC/share metric which is arguably far more important to shareholders. Those are the only people saylor has to consider apart of dividends etc. They have to manage a public company, and hodl forever might not always be in the best interest. I doubt saylor would sell his private stack.

LionRivr

For people who bought at $120k and actually understand BTC for what it is… $71k should look sexy af

Pepsterrr

Got exactly 25 BTC for 100 USD. Sold them all at 20-30 USD and felt like a king of investors.. What a moron was I then..If I could turn back time. Bought back some later in 2020.

Onnimation

So next month Saylor will sell more BTC to cover debt... and the cycle continues. 50k here we come 📉

antaran

Saylor is selling MSTR stock, not BTC.

ChaoticAmoebae

Sell high by low. When you own a large portion of the market you can control it. Strategy can cause BTC to drop and the can buyback at a discount.

TastyTaco217

Fuck me it doesn’t read well does it? Moron promised the world, hijacked an asset and sold an overly bullish story, just to end up being the reason for it outperforming. If I were a hedge fund, I’d be shorting BTC and MSTR in the hope of triggering a nasty cascade.

filip1299

It's 0.0037% no 0.000037%, you need to multiply by 100 to convert to percentages. 32 / 843,738 = 0.0000379265 As a **percentage**, you multiply by 100: `0.0000379265 × 100 = 0.00379265%` So Strategy selling **32 out of 843,738 BTC** is about **0.0038%**, not **0.000037%**.

RetiredAvocado

An S21 XP will cost ~$4600, plus shipping and insurance, plus wiring up front. The unit will mine about $8.65 worth of BTC, using about $12-$13 worth of energy per day. Difficulty and price will obviously fluctuate over time but if everything was holding stable, it will recoup the initial $4600 investment in ~18 months. It will also eat about $7000 worth of energy (out of your credits or out of whatever your panels generate) over that time. That's a reasonably fast 270TH/s device. Better liquid cooled ones cost 3x or 4x more up front. Old cheap "ebay special" S9 will be much less up front but will generate like 80 cents worth of BTC a day. Not worth messing with any of the fire risk, and noise, and troubleshooting for such low payouts.

Mooks79

This is the most hilarious comment: calling someone “regarded” while demonstrating a complete lack of understanding how markets function. The 32 BTC didn’t tank the price by 3%, all the other people panic selling over MSTR selling did. Market sentiment matters, Albert.

origami_bluebird

Tax fraud AND charged with investment fraud back during the dotcom bubble for cooking the books running the same company. Saylor is a white collar criminal and somehow this community decided yeah let's trust THIS GUY with being the #1 custodian of this bizarre fugazi. Outside of Tether fake printing $100 billion in USDT "liquidity" and brokers like Coinbase locking accounts and stopping sales during volatility, the billions that MSTR has injected into the BTC market is largely why this entire ponzi of crypto hasn't collapsed yet. Please let this shit company fraud die and leave the SP500 as quick as Enron.

Mageant

If his sale of 32 BTC causes people to panic and thus Bitcoin drops by a lot, then he can buy them cheaper with his next batch of money from STRC (which is usually a lot more than 32 BTC).

Relentlessbetz

Oh no...... Anyways I'm still waiting to see where BTC will bottom by September or October. I will continue buying some STRC and MSTR shares but my real play would be to buy some good LEAPS that are 2 years out.

Hfksnfgitndskfjridnf

They sell common stock to fund the STRC dividend. If you looked at the filings each month you can see it. This month they sold 128 million of common stock (not STRC) plus $2 million in BTC to pay $101 million in STRC dividends and boosted their cash reserve $29 million.

jekpopulous2

Of course not...but MSTR selling any at all caused whales to panic sell. Take a look at Whale Alerts. Hundreds of billions of dollars in BTC have been dumped on exchanges since MSTR sold.

bitusher

This is Saylor's explanation : https://x.com/AlexesNakamoto/status/2061456930736951806 If Bitcoin can’t be sold, critics say it has no value. • If it has no value, the balance sheet value is zero. • If the balance sheet value is zero, credit rating agencies ignore it. • So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real. Keep in mind the dip today was the market reacting to what has already occurred in the past or just a bear trap based upon this news to scare smaller traders. The liquidity test occurred when He sold the BTC a while ago and 32 BTC isn't much. A better liquidity test is when Germany made the foolish decision to sell 54,000 Bitcoins (BTC) at $57,900 in July 2024 for around 3 billion dollars . That is a much better test to see liquidity.

Bred_Slippy

Well spending it (even directly) in the UK is still considered a disposal for CGT purposes (as with most other countries, though there's some that don't apply CGT/don't apply it if it's been held a while). Bit longer term, but an option would be to take out a loan against it and then refinance that loan when it becomes due. As loan proceeds are considered debt, there's no tax on them. This is what the rich often do with their assets. The problem is there's not really what I'd consider decent providers accepting BTC as collateral at the mo (not one's I'd want to use anyway). It seems you're already aware of the UK's small CGT annual exemption etc.

Hfksnfgitndskfjridnf

Currently they have 35.1 years of BTC coverage, so it has to go up 2.8% a year. Lol At the end of 2025 they were bragging BTC only had to go up 1% a year and they’d be covered forever. Look how quickly that 1% turned into almost 3%.

Epohhh

BREAKING: Strategy sells 0,0004% of its BTC You seriously think selling 32 BTC into the open market at once would let BTC tank 3% alone? I literally at a loss of words Buddy, like seriously shocked lmao.. You just outed yourself as the most regarded Person I've seen here ngl

shakygator

I mined DOGE (millions) enough to convert to 1BTC which was around $1200 at the time. Of course there were no exchanges like today so I sold it on one of the exchanges where you just broker the deal and yep I got jacked for my BTC because they reversed the paypal charge and paypal didn't give a rats ass.

CompetitiveDrawing89

and moved BTC by 3% imagine you sell your 100 shares of APPLE and it crashes 3%

ctrader001

When BTC gets down to $0 I’m a buyer!

FitCompetition1804

Because BTC does what BTC does. We’ll be going lower too. This is the year to accumulate and take advantage of oppurtunity, not panic.

Plenty_Fondant_951

Us poweball and mega millions are roughly 1 in 292 million let's round to 300 and round the solo miner odds to 150. So each 20 minutes is approximately the same odds as one lottery ticket Average us cost per kwh 17.65, let's say it's a bitaxe, not crazy overcooked / fine tuned so 16 watts of draw. That costs 0.384 kwh a day or $6.71, in exchange for that you would get 72 , 20 minute blocks, so for 6.71 USD a day, on average, running a single bitaxe you get the equivalent odds of winning as 72 powerball or mega millions tickets. Those tickets are what like 2 bucks? So round down to 6 dollars, and 72/3 is 24, so the ratio is 24 to 1 for the money spent. NOW,.you mentioned winning 1 million dollars, so yes , 3.5 btc even at the peak wasn't a million dollars worth whereas the lowest a lottery gets is what like, tens of millions? Still a handful of millions after taxes at the worst. Also the miners have to be purchased, housed, cooled etc. for solo miners that's a pittance but when you're talking buying enough to actual win or buying enough to mine the amount of BTC needed to equal even a low level lottery win, that does change things but, it is a "lottery miner" and "the lottery" 1 in 300 million odds isn't something anyone should expect to ever win.

Epohhh

BREAKING: Strategy sells 0,0004% of its BTC

cooltone

Strategy sell 32 BTC, while at the same time Strive buy 2624.

filip1299

[MicroStrategy (MSTR) Will Never Sell Its Bitcoin (BTC) Says CEO - Bloomberg](https://www.bloomberg.com/news/articles/2022-01-19/bitcoin-hodler-saylor-says-microstrategy-will-never-sell-stash) Don't have subscription though.

filip1299

[Every time Michael Saylor said he’d never sell bitcoin](https://cryptonews.net/news/bitcoin/32820108/) Not sure if there is anything better. "In January 2022, with $BTC down roughly 40%, Bloomberg asked Saylor whether Strategy would ever sell $BTC. **“Never. No. We’re not sellers. We’re only acquiring and holding $BTC,”** Saylor swore to Bloomberg. “That’s our strategy.”"

TechnicalPiglet8269

Absolutely true. Ill sold all my BTC last month and im already up 30%

TheresNoSecondBest

>What if the rate goes up so high that it just keeps increasing your principal and gets you to 86% LTV? There's IMHO a bigger problem than the liquidation itself. You have to exchange your BTC for a shitcoin token created by a shitcoin casino, running on top of another shitcoin. That's a catshit wrapped in a dogshit. At that point, **you won't own any real bitcoin**. And for the whole duration of the loan, you'll hope the shitcoin won't lose peg to bitcoin, something we've witnessed before. Using wrapped bitcoin means Conbase gets to keep your BTC while you lose due to liquidation or the peg not holding up. Something we've witnessed before.

Fit-Blackberry-9112

Great another one of these posts. BTC go up = “hey why is it going up?” BTC go down = “hey why is it going down?” BTC does nothing = “hey why isn’t it moving?”

BlackDog990

You're too heavily leveraged into BTC if you need it for emergencies. Its too volatile to store short term funds in. I can't wait for the day its buying power doesn't wildly change day to day but until then you should still hold some fiat to handle rainy days.