Replies (38)

BoomTown's avatar
BoomTown 1 year ago
How much longer in this cycle do we have to go until the cool kids (who I like quite a bit, btw) start berating @Michael Saylor for MicroStrategy proof of reserves? Makes no sense that with all these new, huge demand sources that 9-months after a halving we’re only up ~40% from prior cycle’s *weak* all-time high. #MSTR
Aeneas's avatar
Aeneas 1 year ago
This is the only charts that matters, and it's getting worst and worst by time.. 👀
Vdub's avatar
Vdub 1 year ago
GOOD MORNING MATT🫡
NOPE. USED TO BE MUCH WORSE. PETER TODD ONCE SOLD HALF HIS BITCOIN BECAUSE GHASH HAD 50% OF THE HASH. THEN AFTER THAT, IN 2017, ANTPOOL AND ITS PROXIES HAD ~70% OF THE HASH. DEFINITELY ROOM FOR IMPROVEMENT BUT WE ARE IN A BETTER SPOT THAN EVER BEFORE
Buckleys's avatar
Buckleys 1 year ago
You switched the graphs up. Is it because the previous one went rogue?
Can the graph extend further to shed any light on the next cycle bottom? My new coiners are nibbling for answers 😂
Aeneas's avatar
Aeneas 1 year ago
The only moron here is you 🤡
GM 💜🫂 WE POST IN CAPS. WE LIKE THE COIN. WE ZAP THE SATS. NOSTR ONLY. 🫡 LETS FUCKING GO. 🔥 image
GOOD MORNING 🌇 OPEN PROTOCOL. NOBODY CONTROLS IT. NO PERMISSION REQUIRED. NOSTR ONLY. 🔥
Lot of weak hands taking profits. 90% - 95% of people who hold Bitcoin are not maximalists. When I buy, I don’t sell. Most people are not thinking that way yet. Most see BTC as a tech stock.
BoomTown's avatar
BoomTown 1 year ago
I don’t believe that. Far too long with very little volatility. There is clearly manipulation. MSTR alone is claiming to buy 30%+ of the new issuance each and every quarter.