@therationalroot@coinjoined@giacomozucco@BTCPrague@saylor This only ends one of 2 ways. MSTR becomes the most valuable company in the world or they end up selling all their Bitcoin to fund their obligations.
No other way.
30% CAGR is a pretty big number, especially considering there has never been more positive news.
@Giovann35084111 We are in the bottom less than 1 percentile. It sure seems like all models have been broken and broken to the downside. If Bitcoin gets below 58k and stays there I can’t believe in the power law ever again.
@ZynxBTC It’s in the <1% percentile of the power law. If we go to 50 or 40. I would throw the power law right out the window. It’s hanging on by a thread.
@badcharts1@DipsTipsPoW@scottmelker It’s true if you think about it. The problem is the knowledge and ability to discern. Your website is very valuable.
@AdamBLiv I agree. I just think we get mass adoption when we get frictionless spending of Bitcoin. If it used as a currency its value grows. Pizza day. Silk Road. Etc. I am not sure wrapping it in balance sheets is going to get us there. It’s worth a try and I fault no one for doing it.
@tempstat@Pran10000@IIICapital What I am saying is that’s how the network scales. And that’s how it becomes more valuable as both money/currency and a store of value I am not baiting anyone. I enjoy discussion.
@BigpictureBTC@JeffBooth@AdamBLiv I think people who are smart get bitcoin very quickly. So much that they can’t see how others can’t understand it. Hence the study more… and those who don’t get bitcoin don’t because they can’t see the use because it’s not salable. That’s the divide.
@Giovann35084111@moneyordebt@saylor@ColeMacro@JeffBooth This is why all the OGs are selling. They sell because they can’t spend. They key to bitcoins success is that it can be used frictionless as money. Doesn’t have to be on the blockchain could be layer 2 like lightening. That’s the only way it wins.
@Giovann35084111@moneyordebt@saylor@ColeMacro This is why pizza day etc all such a big deal. We got it backwards. We need to grow the salabilty of Bitcoin so it can compete on the open market. @JeffBooth is correct on his thinking.