@_thedarkrealm@Peter_thoc The wisdom that can only come from humility. The foolish man builds his house on the sand of $40K bitcoin by october. High tide will wash it out. And then they'll cave in and buy at $70K. If they're quick.
@SaShonz@Peter_thoc Majority of holders is in the red. Who is going to sell? Are there still any lettuce handed tourists left who are shitting themselves but for some reason did not cave in before?
@NickL_Alien88@Peter_thoc This cycle was very hard to predict. Muted bull market, no euphoric blow off top, the things that happened in the previous cycles. Crypto having had it's worst bull market yet.
@Peter_crypto99@jasonpizzino@Rajatsoni Often buried in so many sandbags Australia couldn't fill them. BTC could go up, down or sideways. And eventually there's another credit crisis. But BTC was made against that system. Traders don't care and have borrowed conviction, like tourists.
@jasonpizzino@Rajatsoni Traders have to work with probabilities not certainties. Markets can be irrational for long. What is more likely to happen Jason and what are the odds?
I think eventually a new ATH will break the current one. But have no short time preference like traders, who mostly fail.
@EckoEnko@saylor It is not just you. There are many people who cannot appreciate Saylor for his genius. Scams work extremely differently from what Strategy does. Perhaps learn first what a scam actually looks like. Educate yourself.
@liamjing2025 @PeterSchiff@saylor They can pay dividends for the next two years with their cash reserve. The bitcoins are not supposed to be sold ever. If you believe bitcoin will crash to zero, never buy STRC or MSTR. If you think up mostly from here it's the best you can buy. Most will wake up far too late.
@ReneGrande88@theswansjr You don't think Satoshi would have sold his 1 million bitcoin at 100$ years ago if this was a ponzi "scam"?
You are the one being scammed by the fiat money printer.
As for energy waste, time to educate yourself as well...
https://t.co/N5RHKH2vjl
@gutierrez_mikki@0xChiefy Exactly let them put their money where their mouth is, dump all sats NOW and go short...if they are so certain. They are not. All I see the bears do is titty-TA, astrology for men, drawing lines, but they mention zero bearish catalysts foreseen.
@0xChiefy Sure, but recent events should have pulled it lower. They did not. Oversold already. Bears could just DCA the coming months instead of gambling on 38k. Bulls should not count on anything spectacular either on the short term but we could be close to the bottom already.
@ForrestHODL It was a muted bull market after all. The whole 4 year bull/bear market cycle is a model that is no longer accurate on plenty of levels so duration of the bear and bull phases may be very different as well.
@Sherlockwhale@Cyber_Perceval "The bottom is definitely not in" says don't buy now.
The only argument for it I keep seeing is "well previous cycles". Rather thin. What about macro conditions expected in the near future.
@RealJackPoor @Woody3704 Nope. Not ever. They want collateral. A house. Bitcoin. And will mitigate risk so will only give half the amount of money to you at a VERY high interest rate. Ledn is an example.