what a meltdown today. got liquidated on a small fun trading account. Last one was during ftx collapse. sigh! that marked the bottom of last bear. you saying must start a new fun account to make it all back stat!!
Let's see
People are overthinking the 32 BTC sale.
“Why sell?”
“Why not just buy less next week?”
“Is this bearish?”
Michael @saylor already explained the logic:
• If Bitcoin can’t be sold, critics say it has no value.
• If it has no value, the balance sheet value is zero.
• If the balance sheet value is zero, credit rating agencies ignore it.
• So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real.
According to @BarakRavid for Axios, citing two U.S. officials, a 60-day memorandum of understanding (MOU) has been agreed upon by both the U.S. and Iranian negotiating teams and currently waits approval by U.S. President Donald J. Trump and senior decision-makers in Iran. Per the report, the MOU will include a statement that maritime traffic through the Strait of Hormuz will be “unrestricted,” the gradual lifting of the U.S. blockade of vessels traveling to and from Iranian ports that is commensurate to the increase in free maritime traffic, an Iranian commitment not to pursue a nuclear weapon, and a commitment to hold discussions on the disposal of Iran’s highly enriched uranium within the 60-day timeframe.
Iran has obtained a draft of an initial, unofficial framework for a Memorandum of Understanding with the United States on ending the ongoing Iran War, under which, Iran would restore commercial shipping through the Strait of Hormuz to pre-war levels within a month and the U.S. would lift its blockade and withdraw military forces from near Iran, according to the Iranian financial media outlet Eghtesad Online.
If quantum “kills” Bitcoin, it also kills:
• The global banking system
• SWIFT transfers
• Stock exchanges
• Military communications
• Nuclear command systems
• Every HTTPS website on earth
If Bitcoin is dead from quantum, your portfolio is the least of your problems.