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@GordonGekko LOL. There have been zero bottom signals in any markets -- crypto or otherwise. The only thing you have going for you is that $59K-$60k is a strong support zone and if it holds you should be ok for a while.

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@CsTominaga ...so how can BSV compete at this point? I'm wondering how you can get market adoption when there are products that do this now.

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@CsTominaga Question: since Cashapp and Venmo have been released, this is how people send cash to each other for free. I understand it's not without intermediaries, but do people care? It seems like they hijacked and made obsolete the original Bitcoin use case...

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@CalebFranzen The big question is what is the end game? Who actually uses Bitcoin? It was originally supposed to be electronic cash, but now people just use Cashapp and Venmo to send each other money. So now what's it used for?

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@InsoLvint @CalebFranzen Well his main goal is accumulation and betting on not being liquidated, so I don't think he cares. MSTR is a vehicle to get funding to buy Bitcoin. The 4-year cycle understanding is just used with a buffer to bet on non-liquidation.

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@CsTominaga @kit_sats If there is a long term recession or depression things might change (since BTC hasn't been through anything like that), but until then it seems like biz as usual.

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@CsTominaga @kit_sats I think you are right for the long term, but until the 4-year cycle fails, we are just in the down year (3 up and 1 down), so let's see what happens after November of this year. So far the speculative 4-year cycle for BTC has been undefeated...

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@CalebFranzen He buys throughout the 4-year cycle. My point is he can pay his 11% and not worry about ruin if the 4-year cycle continues to play out. In fact, he has it set up so he can weather much longer than that. A long term recession or depression would blow up his plan.

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@CalebFranzen The yield comes from issuing new securities. He is paying that yield to accumulate more BTC with what I said in the previous post in mind.

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@CalebFranzen Saylor is betting that the 4-year Bitcoin cycle holds. In loose terms it's 3 years of upwards movement and 1 downward year. We are in the downward year. He has it set up so even if we go over that one downward year for a few years, MSTR is still solvent.

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@JohnWayne_SV We are still in the "3 up 1 down cycle" until proven otherwise. Talking about the demise of BTC during the bear part of the 4-year cycle is dumb. Let's see what happens after November. If BTC doesn't recover then then there are problems.

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@AdamBLiv Why would BTC would be a prize? What's the use case of BTC absent a major government requiring its use as money? Who is using it NOW for that use case (not accumulating for speculative purposes or creating financial products on top of those speculative purposes, but using it)?

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@RealDaveGoren @TheBTCTherapist My original comment asked a question and you spent a half dozen posts avoiding answering it with veiled insults, "hints", suggestions that I can't understand the reasons because bitcoin price is high, and other garbage filler delivered condescending tone to them.

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@RealDaveGoren @TheBTCTherapist You're having a conversation with yourself in you're own little bubble. I'm asking you what the use case is for Bitcoin is (right now) and how many people are using it for that use case?

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@RealDaveGoren @TheBTCTherapist You replied to my original comment dumbass.

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@RealDaveGoren @TheBTCTherapist You haven't answered the original question. What is the use case for Bitcoin and is it actually being used on a wide scale basis beyond people buying it in exchanges or in ETFs for speculative reasons? This is not a difficult question to answer in a straightforward manner.

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@RealDaveGoren @TheBTCTherapist Dude. I've been arguing about this since 2012. The only difference between then and now is more people actually used Bitcoin back then. Now people buy an ETF and listen to platitudes from the likes of you and think they are "investing" in something. What is the use case?

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@RealDaveGoren @TheBTCTherapist The original idea of Bitcoin (electronic peer to peer cash) was excellent and the price going up initially was speculators thinking it could become something amazing. But since then it's been neutered, co-opted and sidestepped-do people use Cashapp and Venmo or Bitcoin to send?

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@CsTominaga The tell that you are using AI is the number of "That's not x. It's y." statements in your posts. This is classic AI. Not to say you don't feed it your own ideas and have it give you a more polished version, but it's AI edited. "not x, it's y" is annoying when overused.