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Update: bitcoin:native just tagged the 1st quantile — the bottom band of the power law.
Every prior visit here has been an entry, not an exit.
The only open question is how long it loiters.
Sin negar que la conversación tenía mucho sentido: dos semanas no es "tiempo"
Ya le comenté a Luna que creo que muchas de las cosas que dijisteis no eran del todo correctas. Si queréis encantado de hablar de ello.
Lo que está claro es que MSTR solo tiene sentido si se cree en que BTC se va a apreciar. Porque si cae, ésto que ha ocurrido es exactamente lo que se podía esperar
@hispanicnomad Why is it not holding up to well? Nobody has ever confiscated nor taxed properly stored Bitcoin and I can still keep sending it to sanctioned countries where my EUR/USD do not work
I think it's holding up brilliantly to what it's supposed to do
I agree with all you writr exept the "capitulatio" read on Saylor's sale. He wantef optionality and knows full well the first time he would sell the whole market would freak out. That's why he has done it in such a tiny manner. Selling 0.03% of your Bitcoin is not capitulation. Especially since he didn't have to do it at all to fun any dividend. He had 850M$ sitting there and sold a bit of Bitcoin instead. Actually he increased his USD reserve by 50M$ more while doing it (not to fund dividends, just to replenish it). So obviously the sale is completely unnecessary and superflous
He literally said he wanted to "inoculate" the market in case he decides to do it again. And IMO people reading "capitulation" into this means he has achieved his purpose