Sam

[Sam @Sammonflood]

@theswansjr Everyday we learn nobody actually knows what Bitcoin is, what it does, or how to classify. It changes every week based on weekly economic news.

The entertainment of everyone trying sell this whatever it is - is wholly entertaining. Next week it will be labeled as moon dollars

[Sam @Sammonflood]

@alistairmilne So BTC can be manipulated by one individual. I thought it was decentralized- a hedge. Not controlled by any individual or government.

I can’t keep up with what BTC. Changes by the week

[Sam @Sammonflood]

@CorvusBTC @PeterSchiff @saylor “As long as” my pet elephant has a trunk he can drink water and live.

Do you not hear yourself? “As long as” is not a great long term strategy.

[Sam @Sammonflood]

@BitPaine @saylor BTC doesn’t know what BTC is. Is it currency? Is it hedge? Is it store of value? Does it produce cash? Is it scarce?

Every time there is negative price action it gets defended as something different.

If MSTR implodes- I can’t wait to see the explanations

[Sam @Sammonflood]

@nokycdao @duonine Wait- so whatever I spent on STRC is gone. Like an expense and not an asset. What a time to be alive.

[Sam @Sammonflood]

@redgreenbl35768 @duonine What a time to be alive. So when btc price falls your thinking is mstr becomes more valuable?

The dog actually catches its tail. Phenomenal. I bet mstr can’t wait for btc to hit zero.

[Sam @Sammonflood]

@SatoshiNagonna @BTC_broo Or maybe he has seen it all and knows how this ends.

[Sam @Sammonflood]

@BTC_broo “Decentralized-censorship resistant”. Interesting. One person sells 32 coins and the asset falls hard.

In my world that’s not decentralized. If that group has to sell more or starts to miss div pmts- whew! Wee! That’s gonna be a ride no one will forget.

[Sam @Sammonflood]

@TechNRKTreasure @sweatystartup @TomCrawfrd Oh boy. If I understand correctly- bitcoin produces cash by selling it for cash.

You missed the good old days when WorldCom, Enron, and Lehman produced cash for people when they would sell it. Until they woke up one morning and couldn’t,

Can I get an economist over here?

[Sam @Sammonflood]

@TomCrawfrd @sweatystartup Please don’t let this thread end. Comedy gold!

[Sam @Sammonflood]

@TomCrawfrd @sweatystartup It’s magic Nick. It’s really going to work this time. All the influencers that have been long term investing since two years ago are right.
Nick- you need the levered products so you can get twice as much. It only goes up. Never down.

[Sam @Sammonflood]

@TrackerSacker @bam_weather Yep. No drama. I probably should use a picture of the sun. That would really make all the storm chasers angry.

[Sam @Sammonflood]

@PeterSchiff Like a lightning bolt to the ground. Fast and violent.

[Sam @Sammonflood]

@JacobKinge Think of the pace of a lightning bolt hitting the ground, That might be the only think faster than the crypto unwind when it happens. People gonna wake up one morning and say “where’s bitcoin”

[Sam @Sammonflood]

@EdwardTWinz In your long diatribe- I missed the part about how the passengers were compensated. Nobody on that plane cares about Delta paying a civil fine. Any dollar amount page should be split up amongst the passengers and not go to the federal government. How silly

[Sam @Sammonflood]

@tbspeed11 @bam_weather Travis- nothing but love. When is the last time a meteorologist forecast a 70% or 80-% chance of sunshine? It’s always 30% chance or 20% chance of storms. It’s even worse with hurricanes. I stand by my statement. Meteorology has an issue with over sensationalism.

[Sam @Sammonflood]

@T_Gatzemeier I would pay good money to see you Explain this to a couple of real estate professionals.

[Sam @Sammonflood]

@bam_weather We all will survive. No need for drama.

[Sam @Sammonflood]

@Alice_MiaX Apparently there are only 2 types of investors. One thinks the market only goes up forever. The other has more than 7/8 years of experience and has seen what happens when it goes down for a 12-24 months- and how that affects various types of assets. The unwinds happen in hours