Elixir

[Elixir @Elixir_XBT]

♥️😞

[Elixir @Elixir_XBT]

@Kearney3Mr is it really though?

[Rafael! @Rafaelbarreira7]

Coitado do moleque

😂😂😂😂

[Elixir @Elixir_XBT]

@JeevunSandher well if those are the only two choices, lol good luck

[Elixir @Elixir_XBT]

@brumbitcoin In a desperate attempt to grab power, Andy Burnham will be running in the Meetup by-election next week.

[Elixir @Elixir_XBT]

Bull trappy indeed...
No STRC bid and pa follows

3m into DCA, adding more aggressively now under amber line on Monthly RSI

50/100 Week MA cross due in 3 weeks, probably another 3-4 months accumulation time

no longs yet

[Elixir @Elixir_XBT]

Bitcoin.

Lowest Weekly RSI ever.
100w x 20w SMA cross next week.
Lowest W-MACD ever.
Monthly RSI at cycle low levels.

Should be closing shorts if still open, starting to DCA a position and looking for longs on momentum change.

Base case 4-6 months.

[Elixir @Elixir_XBT]

Update:
DCA week 7
Still looks bull trappy to me with such a strong STRC bid.
Reassess after Ex Div date.

Long above 20WMA or close above 77-78k

[Elixir @Elixir_XBT]

@CliftonvilleRd @iain_mk2 @posta_octavian Insane cope 😆

[Elixir @Elixir_XBT]

@UKLabour Same chart as pitchfork sales....

[Elixir @Elixir_XBT]

@UlisesDavid__ @grok Yo @Dumbdersings

some gash that

[Dai 🏴󠁧󠁢󠁷󠁬󠁳󠁿🇬🇧 @daibach23]

Kelly Jones ,frontman of Welsh band Stereophonics turns 52 today
🎩musicmusicmusic.

[Elixir @Elixir_XBT]

@denverbitcoin lol

[Elixir @Elixir_XBT]

@KemiBadenoch Every life matters? could we go with that?

[Elixir @Elixir_XBT]

@OnChainMind I've wicked outside the lower bounds of yer maws kernel envelope

[Elixir @Elixir_XBT]

@YorkieYO Looks like he's been stung by AC Spartan

[Elixir @Elixir_XBT]

@FulhamFC Genuinely forgotten Fulham existed

[The Beak of Beak Street 🏆 🏆 🏆 @CFO4TAG]

Fulham Ultras have gathered at Craven Cottage to pay tribute to Marco Silva who has announced he is leaving #ffc

[Elixir @Elixir_XBT]

@Ed_Miliband Fuck off beaker

[Elixir @Elixir_XBT]

@RFOIsrael Gross

[Elixir @Elixir_XBT]

@Lion_MFC22 @PolitlcsUK They literally are

[Mocha @monster_models]

I've been thinking a lot lately about @Strategy's embrace of @Strive and $SATA, and I'd like to offer a thoughtful comment.

I think there are two main explanations, neither of which is mutually exclusive.

1. The first and simplest is that Saylor and Phong truly believe in lifting up other Bitcoiners, with no other calculus needed beyond that core tenet.

2a. The second is that Saylor and Phong know that Strategy has already won. So now, the question is: what does the remaining path to Valhalla look like? They could try to maximize the company's share of the remaining #Bitcoin. Or they could chart a path in which Strategy accumulates somewhat fewer Bitcoin while allowing others to succeed in their wake, knowing that doing so will have knock-on effects — accelerated adoption, increased acceptance of an industry with multiple issuers, increased symbiotic competition (learning from others' innovations), etc. — that accrue to the benefit of Strategy shareholders. Either path will result in massive gains for holders of $MSTR, but the second path may be more stable politically and institutionally, as well as more vital and healthy.

2b. Or, if you prefer a more cynical lens: if I had 80% market share in some industry, I might keep my competition around in order to (1) keep regulators at bay, (2) give the market the appearance of competition and choice, and (3) keep a source of good ideas alive so that I could cheaply learn from my competition without having to do all the R&D work myself.

I happen to think that Strategy leadership believes in both (1) and (2a).

In short, they've made a judgement call that magnanimity is, on balance, in the best long-term interests of MSTR and $STRC shareholders.

Even if they instead believe in (2b), that would still be consistent with their fiduciary duties.

Saylor and Phong are fallible, just like the rest of us, and I'm confident they will course-correct if and when the occasion calls for it. (I'm also confident they aren't done innovating!) But so far, they have a pretty good track record, and honestly, I admire them more as human beings for their support of Strive and others. I think they recognize that they are here not just to accumulate Bitcoin, but to inspire.

The goals of (1) maximizing shareholder value and (2) being not just respectful, but charitable towards other stakeholders are not always incompatible. I truly feel that, because of the unique structure of Bitcoin — both the protocol and the community — this is one of those cases. 🟠