Good idea. 💡
All $MSTR and #BTC investors should divest completely from and boycott all JP Morgan banking and investment products.
You attack @Saylor you attack all of us. 🐝
Let them HFSP.
THIS IS A CALL TO ACTION: BOYCOTT JPMORGAN.
JPMorgan under-reported Jeffrey Epstein-linked suspicious transactions prior to 2019.
The bank maintained a client relationship with Epstein (a convicted sexual offender) well after criminal proceedings.
The failure to act has been publicly linked to potential enabling of Epstein’s sex-trafficking operation.
Senate Finance Committee: "It’s impossible to believe the decisions that led to this disaster never reached the very top of the executive suite."
“Given the scale of Epstein’s trafficking operation, it’s clear that many more powerful people were involved. My staff have seen a paper trail with their own eyes. Banks that helped enable him should be investigated. As should anybody involved in Epstein’s trafficking ring.” - @RonWyden
#BOYCOTTJPMORGAN.
@ausbtcclub Yeah except, knots is all or mostly what Luke wants/thinks, which I don’t always agree with..sticking with an older core for the moment..but I agree on your point, we should have options with running the version ‘we’ want
I will look back for the tweet and post below but this has been my thesis for some time:
Wall Street is patient, smart money.
Most early crypto investors are dumb money that got lucky, and became accustomed to a pattern of BTC pumps -> alt season -> crash.
(If this wasn’t obvious it should be now as many OG cryptoscammer types show off their evidently two-digit IQs pumping ZCash of all things).
These unethical goons had enough bitcoin from being early that they could sell into the BTC pumps, buy small cap alts, dump on retail at the peak, and buy back bitcoin on the crash. Ostensibly, although at not insignificant risk, increasing their BTC stash. This was all readily coordinated off the books in signal chats, telegram groups and such, and became increasingly manipulated by large “crypto hedge funds” (3AC) and fraudulent exchanges (FTX) in 2021.
But Wall Street was never going to buy shitcoins. There was never going to be a “rotation” of smart capital into low IQ alts. Smart money is also (of course) well aware of this pattern of small cap market manipulation and how to exploit it.
How does this play out? BTC pumps, then flattens, alts start to pump from OG coin rotation, then BTC hiccups and nukes every fake alt pump, obliterating shitcoin capital. Then BTC recovers and heads back up. In other words, a long, drawn out cycle with a series of proto-alt-season fake-outs.
This continues until the “0xG” crypto-scammer types are drained of every single bitcoin they didn’t deserve in the first place right into the maw of $MSTR and $IBIT.
Sound familiar?
If not, I have some Zcash to sell you.
@_Checkmatey_ Wild take, but what if markets wanna test below 95k? Play psyops to break sentiments bullish but then rip back up to fair value..like 150k as you refer
@zerohedge True.
That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.