@GaryCardone Why do you now seem to spend your time demising BTC? It's either because you're worried it's going up and you'll be wrong. Or that you'll buy it back when it's low. The statement it will run out of buyers has zero merit. It's akin to saying that all the gold has been found.
@GrantCardone My question is what good did it do to kill the housing market with higher interest rates in the first place? It seems like the more the free market is screwed up the worse it is.
32 BTC is not a meaningful liquidation. It's to pay dividends. The fear is bigger than the sale.
Saylor sale is real: 95%,
Sale is materially significant to Strategy’s BTC position: <5%
Cardones are truly dumping because of Saylor: 20% X amplifying fear around a tiny sale: 70%
Irans BTC, gone. Whales selling just blocks of BTC. BTC price plummets. Whales buy it back cheaper. Billions made off a keystroke. Typical investor methodology: sell high, buy low, emphasis screw those that sell low.
@MessToMeaning @GrantCardone Nah. It would push Bitcoin even harder underscoring the security an need of Bitcoin. Why? People can't melt down Bitcoin without a trace like they can gold.
@revjamesrobison Jim was a stellar human. He made me realize how rich I was to have water to drink and to pour over my body to clean it when so many had none. I am grateful to have had some interactions with his team with water wells in Africa. Long live his legacy.
@GrantCardone 💯. Here's a question for you. Why in the world would the Fed kill interest rates in the first place when real estate was booming. I'm no expert but it makes no sense to me.