MM

shakdnugz

One concession is that Strategy determine the number of STRC outstanding, so it can never get "out of hand" per say.. They can limit the issuance to the amount they believe they can afford, it's not like a JPM or Citi can just print x number and expect a dividend.. So with that in mind STRC < BTC holdings notional. 2nd it's not protocol, decentralised or liquidity based.. The funding comes from declared and reported assets. He's said it a million times but its "stepping down" the vol, so if we anticipate >12 ARR, then Strategy pockets the alpha and pays out the rest in dividends, and as the industry matures, you shouldn't necessarily expect them to need to sell, they could collateralise stock, some other financial instrument, or the underlining bitcoin. Compare that to say a Celsius, or Luna which has a less broad base user base than bitcoins, where liquidity was provided by retail and MM. You would need to expect a run on BTC first, before MSTR, or STRC is at risk -- no where near similar to a run on Luna or Celsius. Disclaimer: I don't own or endorse STRC or MSTR; NFA.

MiqsterJD

I agree, that makes sense. However, market makers aren’t the only ones providing liquidity—retail does too, and to a pretty meaningful extent. Also, I doubt any MM has a specific “max price” coded into their algo. They just quote both sides of the order book and adjust dynamically. That said, at something extreme like $500,000, the amount of chaos would probably break things anyway, so you’re likely right.

New_Answer7917

Not how it works mate.. Market markets provide more liquidity for the buyer or seller, so it the MM that controls price based on where they allocate liquidity. It is not buyers and sellers that control the market, rather it is a small group of very powerful people.

Montana-Safari7

Awesome work, Rick! This looks fun. One question. How can we transfer on-chain Moons into here? I have a bunch in my MM wallet that I would like to use in here. Or can someone else point me in the right direction? Thanks!

thupkt

LOL ppl be hyperventilating, BTC 160k by 2030? But Cathie Wood promised us $1.5MM at least!

harsizcool

Halal MM (for gaming transactions), most p2p marketplaces have this by default

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MrSawyer666

You’re not set even for this year. Imagine for life. Nobody knows nothing about Bitcoin, if it’s going to 10.000 ou 1MM. Don’t put your trust in only asset, don’t believe in internet people, use your logical thinking. People here are crazy and believe Bitcoin is the only way, as it could simply not even be a way at all. I’m doing DCA but investing in real assets besides Crypto.

Biotech_93

I’m still trying to figure out the risk side of these vaults. The yields look nice, especially when they’re backed by funding or neutral MM instead of emissions. Curious how allocation behaves over a couple more weeks.

MrSawyer666

The number of fucking scammers in Reddit is huge. Of course I’m gonna sell it on Binance, why should i risk another way? I’m not an addicted to take loan for something so volatile like Bitcoin. This shit is supposed to give u power to buy things, i just asked how to lose minimum and not a single one gave me any answer. Fuck this community, and this rotBitcoinheads that believes in this shitcoin that failed in his purpose. It will not explode anymore, so u won’t be “real rich”. Even reaching 1MM is just 10x the last top. Go work and start a business, do not buy with real money. 10x its not going to change your life this much, fucker. Btw, already sold. Not going to pay to see this shit going up or down

user_name_checks_out

Echange balances are irrelevant. Funds can be transferred to or from exchanges in a heartbeat. We might well have a "then suddenly" moment. I don't claim to know what the future holds and speculation about demand is neither here nor there. To me, the more time passes, the less imminent $1MM seems.

user_name_checks_out

The more time passes, the less imminent it seems to me that bitcoin will hit $1MM. Going into the 2021 bull run, I was sure that we would hit $100K in 2021 and $1MM in 2025. When we failed to hit $100K, I attributed it to the fact that FTX absorbed millions of dollars that would otherwise have gone into bitcoin. Then in $2025 we only made it to $126K, way less than I expected. So I have adjusted my expectations. 10xing from here now seems a long way off.

Hannahshear

Rabby is absolutely eating MM for breakfast month after month

CryptoAd007

Yes. I am using MM to handle both EVM chains and Solana. For Bitcoin & Litecoin I prefer to use Coinb.in offline. Always use a wallet, where you have direct access to the private key. Remember, in Crypto, Not your Keys, Not your Coin.

Taykeshi

Whats wrong with MM

pimnacle

They didnt steal anything. You're using MM to swap six figs which means you have zero clue what you're doing

defiCosmos

Learned a lesson about slippage and liquidity, bud. Why the fuck would anyone swap 6 figs in one clip? That's on you, metamask didn't steal from you. The slippage got it, and the LPs ate. Next time you go to swap, 6 figs, do it in place that the liquidity to give you a fair trade. MM is a wallet, not CEX.

Low-Connection3559

I have been doing swaps for almost from last 1 year and have observed the same. There is 3 level of fees, and the protocol involved in doing a swap from inside the wallet. Wallet like Metamask and phantom uses Aggregators like Lifi, Rango, Jumper etc. 1. Firstly, I saw the fees that my MM wallet was charging. 2. Then I went to Jumper, and the best route was some bridge Garden Finance, for the same combination of the assets and chain. 3. Lastly, when I went to Garden Finance, the fee was significantly less than what the aggregator and wallet charged earlier. Bridges charge a fee for each swap. Aggregators add their own fee on top of that, and wallets or protocols integrating these aggregators often add another fee layer. As a result, users end up paying bridge + aggregator + wallet fees on a single swap. The best method to do a cross-chain swap, which I have found while working in web3 from last 3 years, is that: * Use a bridge aggregator like Rango Exchange or Jumper Exchange and enter the token and chains. * Check the best route suggested by the aggregator. Identify which bridge is used in that route. * Go directly to that bridge and execute the swap to avoid extra aggregator fees. This way, you will save tons of fees and time for yourself if you're an individual doing a swap.

soks86

So far the courts aren't giving AI rights so this would probably end in legal robbery of said bots. Look up "Avraham Eisenberg (Mango Markets)" as well as "The Peraire-Bueno Brothers." Although the latter was not litigated the former was found guilty and then the conviction was overturned on appeal because distributed markets don't have rules you agree to. Avraham made $110MM, the brothers made $24MM. So far everyone is free. Create an AI agent with a wallet and someone will rob them because they have no rights.

Coininator

Don’t you have MM installed? Then you only need the password to access the coins. Otherwise, if you only know a few words for sure and don’t know their position: no chance unfortunately.

ETHERC20

personally I keep mine on Superform, also worth looking into liquidity pools like Stargate. If you’ve got some free time and a decent stack of stables, you could throw together a simple arb bot or even a basic spread/MM bot on lower-tier exchanges like MEXC, BingX, etc. Honestly it all comes down to how much you’re working with — figure that out first, then decide where it makes the most sense to deploy.​​​​​​​​​​​​​​​​

FnAardvark

Sorry, I should explain it's tax exempt status better. It is 99% tax exempt from state and local taxes because it's income is derived almost entirely from US. The federal tax still applies, because the federal government is greedy as hell. Either way, it's better than a HSA or MM account. treasuries.https://www.wisdomtree.com/api/sitecore/pdf/getblogpdf?id=ea35c00f-b8e9-45e6-9faf-ab91123090a8#:~:text=However%2C%20one%20structural%20characteristic%20is,they%20purchased%20the%20ETF%20shares.

Secret_Computer4891

I'm not sorry at all I missed it, and you won't hear me cry about missing it should it run to 1MM. I don't need BTC to do anything at all to get rich...I'm already there.

Sandvicheater

There's no doubt in my mind that Bitcoin is going back to $120k but the biggest question is how long till recovery. But probability of bitcoin going to $500k or even $1MM a coin is looking less and less likely each day as people are flocking to AI since its still the hottest thing since sliced bread or safer shores like gold and silver.

hey_GM

Bro I like you but c'mon, TA when MM and CEX are manipulating liquidity?! Crypto space must come back to OG vision. And belief and community assets are the new alpha.

Own_Chapter9338

This is MM cryptos chart he copied it

AttemptKitchen

At this prices its fairy easy for MM to manipulate the markets, much more in alts.

mrgoodcat1509

Above $69420: bullish Valhalla and $1MM BTC awaits!!! Below $69420: bearish revisiting COVID prices

heyheyshinyCRH

I think they'll likely get hosed. MM's holding flat, pulling up the 1H50 towards the 200. To me it looks like we're going to be getting a retrace back up a bit. At least pins to 72, if they were going to short they should do it there imo

technotrader

A wealth tax would be better then. I know people go berserk if they hear those words, because it's a yearly tax on everything. The key is to keep it very low. In Switzerland, capital gains on Coins are free, you just pay a wealth tax of like $5000 per $1MM. And if your portfolio then crashes, no more taxes.

b1mm3rl1f3

Actually yeah, sounds about right. Distribution phase, then another bigger drop. I’m hoping we go to $35K so I can buy $1MM for 0.035M

boomeradf

So are you make the connection she will take her 200MM to buy Bitcoin or has she made such a comment? I personally think she is just going to buy more dancing knives.

mookyvon

$50 MM to $10 MM is already rekt

Demonyx12

Huh, TIL. I’ve seen M and MM and even m, never seen mln.

BottomTimer_TunaFish

Yesterday, the long vs short open interests were so lopsided at 300 million longs versus 2.9 billion shorts with a B. Since most people are bearish, they will pile in with shorts and provide rocket fuel to the upside when they cover their shorts or get liquidated. MM make more money to the upside when the asset appreciates and profit from liquidations. On the downside, they make less money because the asset depreciates and cancels out the profits from shorting. I hope you took advantage of the opportunity yesterday to buy near the bottom. I bought ETH at $1850 when BTC was 62k. When BTC goes to 200k and ETH goes to 15k at some point in the future, the investment will have made a few to several bagger on the big market cap coins.

Detailed23

All these stocks will either pump or dump depending how week goes. MM will not let weekly calls finish green. Everyone shorted the market and now its pumping. It will be green next week so everyone will buy calls then it will dump on Friday. This whole market is manipulated trash.

bestinvestorever

What? They don’t “have to liquidate” ever. There is no liquidation price. The Bitcoin they hold are UNENCUMBERED, meaning they are NOT at the mercy of an MM or liquidation price. FYI. Ignore the FUD.

llamatooths

Bro's got $100MM in assets and shit posting on reddit.

MrSawyer666

Pray to fall more, to 25k. Even if it goes to 1MM at 100k your money will only multiply to 10x. At 25k, 40x!

Busted240

This is a nothing story. This is a 1 branch bank with ~$250MM in assets. Small banks, just like other small businesses, close and open all the time. This branch will be shuttered on Friday and reopened on Monday under a different bank ownership. Nothing to see here.

Davidta

Retire comfortably or F-U money? What do you consider F-U money at today’s purchasing power? $10MM, $25MM, $50MM? At a conservative 3% return those ear you $300k, $750k, and $1.5MM annually. Say F-U starts at $1MM per year in income so $33MM. Say bitcoin hits $300k in ten years as maturity / stability will slow price appreciation as it has been, so 110 btc for F-U money in 10 years. Next years wont be like the old days. If $500k per year works for you than 55 btc. Let’s be less conservative and say BTC will double each halving going forward, with some pull backs etc, so if it’s $400k then 82.5 btc to earn that $1mm in income at 3% or 42 btc to earn $500k. So 0.1 btc or $40k might pay for an entry level new car by that point, might not at the rate cars are increasing in price. If you live on a btc standard and assume it is a hedge against inflation f-u money in btc then is still pretty much f-u money in btc now.

Life-Republic2311

Bro.. just DCA in.. imagine being the guy nickel and diming BTC at 90k.. and then it hits 250k or 1MM.. the fundamentals haven’t changed.. who cares buy the dip

DeoVeritati

I think I need $2MM to retire. I'm going to speculate that $300k within 5 years is feasible and maybe $500k in 10 years. So somewhere between 4-6 would be my guess.

doyzer9

Yes it does make perfect sense to use multiple wallets like this. I know MetaMask is pretty good, but having your seed phrase stored by the software and technically online is the biggest risk for all hot wallets. Not only can the software be hacked, injected, or exposed by malware or rat hacks, anyone with access to your device, "could" move your funds. For small amounts MM is great, as is a burner wallet, however for holding any large amounts, get a hardware wallet (ledger, Trezor, etc) a NFC card wallet (Tangem) or for ultimate safe storage use a cold wallet/paper wallet.. Hot wallets are being hacked every day, just don't take the risk. Stay safe. 🤞🤞🤞

Initial-Sherbert877

this is actually smart. I keep my main stack in MM but alicebob for quick swaps is way easier

inveysible

I mean, yeah I keep my stuff in MM but swap on alicebob, too. Just more convenient and cheaper tbh

turick

Listen to the latest What Bitcoin Did episode with Michael Saylor. I find him pretty cringe with the way he talks to Danny, but he makes good points about timeliness and expectations surrounding adoption times for technology. He went into pretty good detail about electricity and how long that adoption took (30 years?)... for people to embrace the most important advancement of our society. Bitcoin is insanely complicated. Most people dont understand money at all... Not just how it's created today, but where it came from and it's history. This is gonna take some time. Adoption WILL continue to grow. Can't be demoralized about OGs who have but their fingertips off for the past 17 years, sitting on hundreds or thousands of Bitcoin. Of course they're gonna sell. In another 15 years, whole coiners are going to be dumping millions of sats at a time, and people are gonna freak out asking why are these guys selling when bitcoin is being totally stagnant at £10MM a coin. You need to lean into the fundamentals. It's sound money and it's absolutely scarce. Quantum is FUD. Wait for a rip to $250k and you'll be laughing off all these doubts.

chanmalichanheyhey

nah OP, when the MM pumps the market a bit, normies will flow right back in. this is why they will remain normie.

kBajina

Trump up 800MM due to crypto scams

soks86

There are $46MM worth of BTC mined per day (100k price). There are $46,000MM worth of BTC traded per day. I don't think 0.05% less supply will affect the price much, but, maybe. To be clear that's .0005 of a whole.

malakiasmo

MM are leaving crypto bill to Blind the fools from Investing in assets that generate money like gold,silver,energy and stocks. A whole year of manipulation to kick the poor and gamblers out of the business…Dark times ahead! I can’t even break even after DCA on crypto for a whole year, so imagine how trash this is!

BlightedErgot32

trillion … yknow like 10.0MM, 10.0B, 10.0T

DrConnors

I meant aside from his 1MM coin, he likely kept mining at the very least and didn't just completely abandon the entire thing.

generationhex

They say this but the more likely explanation is that MM's got killed for years only to wait for a market in 2025 that was manipulated every single quarter for billions of dollars, all while sailing into a future where chaos reigns and every billionaire within earshot is screaming there is a recession on their doorstep and they are freezing hiring. Not a great time to have your dollars balancing a crypto for return percentage that is illiquid. Game theory is the real explanation. The markets performed as they should.

DeepImpactDan44

honestly Trust Wallet has been my go to for hot storage on Android. supports basically everything, links with hardware wallets fine, never had the phantom/MM issues you're describing

Mattie_Kadlec

There are prepaid cards where you can deposit small amounts. There are also card providers which allow you to pay using your self-custody wallets but funds only get sent to the card with your approval, just like you do with MM or other web3 wallets

jcoopjr700

One thing I’d add from experience: even the best market makers underperform if the project’s narrative, community, and launch timing aren’t aligned. For DEX launches I’ve seen work well in 2025–2026, teams paired strong MMs with solid go-to-market support from Web3-native partners like Chainbull, who help coordinate liquidity strategy, comms, and community expectations alongside the MM. That combo usually leads to healthier depth and more sustainable volume post-launch.

SimilarBuffalo6421

Yeah, $25MM cash and/or $20k weekly would create more pause. Otherwise, the 200BTC is the only answer.

invest-man

Look at low risk strategies, LP, MM… earkpark has a choice

GettingFasterDude

Nice. Looks like a good plan. If the divided continues to pay out and the stock price stays $100 +/-5% over the next few months, I don't think I'll be able to resist shifting from 70/30 (MM/STRC) to 60/40 or even 50/50. I don't have any IBIT yet, but currently daily DCA spot bitcoin on River.

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DonkeyAsleep7884

The MM card seems really good

b1mm3rl1f3

A $500 $BMNR share price @ $22k ETH is insane. Extreme bull scenario: a $5000 BMNR/share @ $250k ETH. Yes I know, but 200 shares (\~$6k today) could potentially be worth $100k-$1MM

OrdinaryReasonable63

This is only the notional value of the positions, but in reality leveraged traders are only putting up a fraction of that. Retail dummies are often putting up bets at greater than 10x leverage so if assuming that's the average leverage ratio MM's and exchanges are collecting \~20 million on such a move. The rest is cash that gets moved back and forth between the exchange and trader accounts as old positions close and new positions open.

PM_ME_YOUR_3RDNIPPLE

I'm curious what the expected energy cost has been to do this mining and how it compares to the overall total? I'm confident energy cost isn't $375MM+ but I'd guess it's pretty damn high. Anyone want to do the math for me?

Gotglo

Wrong crypto was being suppressed this whole time due to liquidity conditions and manipulation from MM. I suspect the big banks and institutions that you see headlines about accepting bitcoin products now,(JP Morgan…Vanguard etc) they been positioned since the end of last cycle and they fooled everyone acting like they didnt want to embrace crypto to get lower position. They cant be us becoming the new financial system so they have to just us, however they still want a piece of the pie which is control over the money markets because thats how banks make their money. Now we have a situation where it is not a retail only cycle, it’s institutional, banks, businesses and sovereign wealth funds + retail that will run cycles going forward. No blow off top and euphoria = a more shallow and quick “bear market.” Also i dont know why there’s this whole stigma of the bear market crashing BTC down to 20-30k like people saying. I wonder if people know the “bear market” is basically people selling and taking profits. BTC only went down from 126k to 80k low because the “4 year cyclists took profits”. We can absolutely still go a lil lower but for dummies to think bitcoin is ever going back below 60-70k is delusional. The institutions and big money is our support levels now and sadly i believe they control the narrative now. They are waiting for clarity and liquidity conditions to push price up and then finally take their profits when retail FOMO back in after thinking there will be a brutal and long bear market.

xcommon

I get this is going to get panned, but I'd like to add some food for thought: $1MM BTC meant parity between pennies and satoshis. Psychologically, the average person would be much more likely to adopt if/when they can think in terms of satoshis, and if people can think of 100 sats as being roughly $1, there will be a wave of mainstream adoption. Or maybe not, what the fuck do I know.

devCheckingIn

I saw a YT video yesterday where Wes (Smart Money) was showing that Wintermute has been shorting the market the past few months and has made a killing. Shorting just about every asset. So there's one MM that's been busy. Also Fasanara Capital and Galaxy Digital have made hundreds of millions shorting since early October. It's like Big Money decided the bull market was over and it was time to make money by triggering the bear.

Mariahausfrau

I have my vault public address and 12 word seed phrase. Am i screwed if i dont move my moons to MetaMask before 1.1.2026 ? I just cant get my MM to accept any ETH payments for fees for transfer. Isnt there anymore any ways to get gasfees to transfer? Sorry to say but im just too confused for all this as im not too much in tech. Hopefully someday crypto gets even a bit easier to maintain big masses to use it. Aint it now🤣🤣🤣😤

steelchairframe

Ummm BTC is volatile. That 50B could be 25B in a year. No one knows. And they still have 800MM to pay out per year for preferred stock payments.

ReliantToker

Why you think MM amd smart money got sentiment in the sheit rn? Reddit whines while they slowly accumulate at low prices, spreading the buy to keep price down. By the time the whiners decide they were wrong and/or could probably make a quick buck, they sheit on them again. The cycle continues.

zepoid

I have a ton of criticism for BTC. But your argument that gold needs "actual physical work" can also be said about BTC in the form of physical electricity production while it's being _mined_ (which is also why the term is used used for both). About that criticism: Using as much power as it does for that mining is asinine. And it eventually comes to an end at 21MM. Then what...?

Unknown-714

My biggest concern, if BTC is at 1.4MM what are other things priced at?

Visual_Ad3804

Never put a dime in crypto and MM CEX’s DEX’s influencers are all crooks!

ReliantToker

Yes but the more people buying etf and leaving coins on exchange is increasing the paper supply. NOT YOUR KEYS NOT YOUR COINS. The more paper supply the MM has access to the more manipulation is available. LEARN TO SELF CUSTODY YOUR BITCOIN.

Patient-Bumblebee

Ok so thats great, but what about spreads? Are you using market orders? And if not, can you get your limit orders filled without the MM's running over you? Those are questions any prospective daytrader should be asking themselves prior to doing any kind of non-simulated trading.

b1mm3rl1f3

Wrong, CZ expects BTC to surge to $500k-$1MM during the current cycle. You're quoting Bernstein analysts. [https://thecryptobasic.com/2025/12/09/binance-founder-cz-says-bitcoin-could-be-entering-a-supercycle/](https://thecryptobasic.com/2025/12/09/binance-founder-cz-says-bitcoin-could-be-entering-a-supercycle/) "Geoff Kendrick at **Standard Chartered** and Gautam Chhugani at **Bernstein** expect Bitcoin to hit $150,000 in 2026. Both forecasts are downward revisions from their previous estimates, reflecting a more difficult market environment, but they still imply 74% upside from the current price of $86,000. However, Standard Chartered and Bernstein see more robust gains in the future. Kendrick estimates Bitcoin will hit $500,000 by 2030 (implying 480% upside), and Chhugani expects the coin to hit $1 million by 2033 (implying 1,060% upside)." [https://www.aol.com/finance/bitcoin-doing-something-last-seen-091500098.html](https://www.aol.com/finance/bitcoin-doing-something-last-seen-091500098.html) Also, "Motley Fool experts believe Bitcoin might reach $150,000 by early 2026" The predictions vary widely, but Q1 or Q4 makes no difference to me 😉

FOMOmeterCrypto

https://preview.redd.it/udu2ajcxrz7g1.png?width=5112&format=png&auto=webp&s=a86dccd6ba5431c5c719a04087a05f8ead945903 The market is manipulative, and you’re right to watch MM wallets. They do impact price, but on chain can be spoofed too. split across wallets, routed through intermediaries, made to look like “smart money”. There are plenty of cases where the “whale wallets” everyone followed ended up getting wiped right along with the crowd, because people were just copying what looked obvious. So whatever you’re seeing, thousands of others are probably seeing it too. Be careful. In this market you don’t outplay MMs or politics. Retail as a crowd usually loses. That’s why it matters more to track what the crowd feels and does, then make your own calls. Right now sentiment has been in the red zone for 30 days, and on our Global Timeline you can see that red stretch running for almost 3 months. In this mood it’s apathy, selling, and zero appetite to buy core.

FOMOmeterCrypto

Binance isn’t just an exchange, it’s basically the biggest MM hub by influence. Liquidity, leverage, funding, listings, flow. That’s the game. Any CZ headline and price twitches cuz perps + liq cascade Couple tweets basically killed FTX. Couple moves and you get the biggest liquidation event in ages like Oct. So what “death” are we even talking about. Until liquidity actually leaves and the book dries up, Binance isn’t dying, it’s the switch the whole market reacts to

ghostchihuahua

Yes, look at how ETF’s are abused since they exist for instance - bitcoin-filled ETF’s effectively give MM’s the ability to exert sole leverage on the price, ETF’s are also famous for allowing to hide synthetics fwiw, whether the latter can apply to bitcoin is a tad past my understanding - it shouldn’t be possible bc blockchain, right?

PapiMak

MM’s deserve days like this.

Xajneb

It's not manipulation. 75% of trading activity is leveraged derivatives. = Liquidations. The direction of over excited volatility is not that everyone decided now the news is this and that, but it is all about a cascading effect of forced liquidations, positions being killed because they have lost the bet. And when that happens, the liquidation is immediately dumped into the very low volume orderbook, (because like I said, almost no spot activity), and the price then dumps or pumps unnaturally fast, then triggering the next liquidation and so on. Until all the positions in the near vicinity are obliterated. A MM (market maker) doesn't have to push much at all to force the liquidations to sell on top of the next dying long who then dumps on the next one etc. Manipulation is more so the macro, that bitcoin is ONLY 87k, that is the real manipulation, and people are in extreme fear, dumping their long term goals at loss or even. The manipulation that is happening is price suppression.

Breakingkittys

mmm mmm MM!

frankyp01

Honestly the colloquialism has changed over time. When the average house cost like 120k, a “millionaire” as commonly applied was someone with 1MM in total assets. With the average home price hovering around 520K and much higher if you live near a major city, people tend to use millionaire to mean people with 1M income or at least the ability to drop 1M without taking a 30 year loan.

turbo_bibine

Long and short getting eaten by MM because spot buy arent there to sustain the price

thupkt

Cue the Steve Austen $6MM man theme music

ghostchihuahua

It’s more the volatility of the geopolitical side of things that scares markets though, that, and the fact that things just seemed to go infinitely well before shit started hitting the fan and people started talking about MM’s not being in great shape for some, hedgies slowly heading to being revealed as unable to cover their short positions etc., i mean the whole one-incident-after-another vibe is clearly there for >5y and people, rightfully so, are scared. I won’t even go over to generalized blind-eye for white-collar crime in many western countries.

Ping0u

Waiting for the MM200 bud

fCorruption

I think it’s just MM making profits off of retail. Leading up to each FOMC meeting Bitcoin would shoot up a couple of points, then after Jerome Powell speaks btc would until dip until week’s end

arBettor

Roth IRA though? Disproportionately benefits lower income earners. Can withdraw contributions penalty & tax free after 5 years. Can choose your own investments and control your own fees. Even a 401k, despite its limitations, has some major strengths like incentives for employer contributions/matching. I'm not sure how a 14MM market cap meme token is in any position to criticize either of those structures that have helped millions save and growth their wealth. That meme will be dead long before I retire.

RoutinePrice446

Yes, but that's not why things are moving today. That's been priced in for weeks. Something else is happening behind the scenes. It could be typical trader/MM games, could be something else. We shall see.

EnThEndGME

I always find it entertaining to see the downvote effort on the MOON update discussions. It appears some entity doesn't like the project because the supply is controlled by the community. Hello Mr. MM .... "*Moons is still a thing*?"

LEAP-er

You’re probably right. Top 5-10 most visited globally. EU crats cared enough of the tune of $140MM. Ya sure…no one cares.

Aerocryptic

There's a crazy disparity in the spot order books between Coinbase and Binance. One MM is buying when the other is selling

rlilly78602

There's no doubt it'll hit $1MM. I wonder if it will be in my lifetime.....

yunghogungho

I think Bitcoin to $1MM over the next 6-10 years is fairly obvious as of now. If you're a 10x away from retirement, I imagine this will work out

VariatCA

The fact that shorts are still heavily piling-on and doubling down in the face of this bounce is just additional incentive and fuel for the fire for MM's to chase down and liquidate.

RealTimeFactCheck

He's getting downvoted because his math isn't mathing. The percentage gain will be the same whether you have $5 invested or $5MM invested. He's implying that if you have a small amount invested, like $5, then your gain will be very small --- but expressing the gain as a percentage is not a good way to express it, because the percentage gain is the same no matter the investment size. His point would have been better made by saying, if I gave you $5 and it goes up 10x, you've only got $50 which isn't going to be meaningful Also probably got some downvotes for the complete fumble of grammar: "sure is your better, yes." Wtf does that mean? Between the grammar police and the math police, I can understand the downvotes :)

potificate

Looks like the news report was re-edited. Now says only 5 MM

002_timmy

Different wallet clients have different UX/UIs and different features. Like for me, I do a lot of DeFi and have found Rabby to be the best at tracking my DeFi positions. Metamask is lacking for DeFi. Therefore, I use Rabby over MM. This is just one example, but hopefully it demonstrates why people prefer different wallets.