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  1. johnarb

    Bitcoin Price?

    MrMsc Senior Software Engineer, it is not possible to pay you with crypto assets to make fun of you Can you tell us MrSc Senior Software Engineer what software wallet you use for your shitcoins? We will do a step-by-step education as clearly you need more to add to your Ms C credentials if you...
  2. johnarb

    MSTR -- To get out or not...

    There's still $150k of value if I decide to sell now I think at this level, bitcoin could start to go up and bring mstr with it, increasing the value of the options I don't feel so bad now, I've accepted whatever happens, even the remaining options go to $0 Part of the healing process
  3. johnarb

    Tether Now Holds Over $5 Billion Worth of Bitcoin to Back USDT (But Should It?)

    DID Decentralized ID on the (Bitcoin) blockchain. I saw that and I'm like, dude, wtf Saylor also wouldn't support the funding of Bitcoin open-source devs while Jack has already done this for years and he might have even discouraged others (Ark?) Starting to think Saylor is a bad actor, but...
  4. johnarb

    Tether Now Holds Over $5 Billion Worth of Bitcoin to Back USDT (But Should It?)

    I saw a chart looking at the similarity of when the US etf's launched and price went down to now when HK etf launched The US bitcoin spot etf's had the worst day yesterday with the outflows, even Blackrock Ibit had an outflow for the first time since launched (and prior 3 sessions had 0 flows...
  5. johnarb

    MSTR -- To get out or not...

    Yes, I got lots of profits already but still holding the bulk, which of course in hindsight I should have just sold all The rest of the options are down $550k from the peak so it sucks I still have 2.5 months left on them before expiration...
  6. johnarb

    MicroStrategy's infinite money glitch

    You did not analyze the mstr chart, you posted a 10-yr interval mstr chart with no analysis, so what was the purpose of your post?
  7. johnarb

    Bitcoin Price Thread

    It started trading yesterday, still needs to get traction https://www.reuters.com/markets/currencies/asias-first-spot-bitcoin-ether-etfs-gain-hong-kong-debut-2024-04-30/ Asia's first spot bitcoin and ether ETFs make lukewarm Hong Kong debut By Summer Zhen and Samuel Shen April 30, 20246:37 PM...
  8. johnarb

    MicroStrategy's infinite money glitch

    $50/share??? Do you even know what the book value of mstr is? My guess is it's a lot higher than that, but probably lower than what it's currently trading at You did not analyze the mstr chart, you posted a 10 year interval chart of mstr, what you should have done was a 100-year, as it's kinda...
  9. johnarb

    MicroStrategy's infinite money glitch

    You should post a comparison 10-year chart of another high-growth Tech stock, like Amazon or Netflix or Meta To show everyone the chart was in good faith with no malicious bias
  10. johnarb

    Bitcoin Price Thread

    If only you could see what I see... anyway, how's your day going? :D
  11. johnarb

    Bitcoin Price Thread

    Bitcoin is a Veblen good, the more expensive it is, the more desirable it becomes Which is why the most difficult time to buy bitcoin is during the bear market The toxic naysayers were posting celebratory schadenfreude when they should have been loading up when btc was below $20k for many...
  12. johnarb

    MicroStrategy's infinite money glitch

    Why use 10 year chart? In 1970, Saylor was a probably a baby back then, and they were using abacus for computers, business intelligence was just a bunch of managers at the bar
  13. johnarb

    Bitcoin Price Thread

    Excellent explanation! And to examine the other side, bear market cycles that start a crash of over 75% on btc is a change in the demand dynamics, i.e. Nov 2021 - Dec 2022, Fed tightening of liquidity, and a global central bank follow-the-leader timeline Money is medium of exchange and store...
  14. johnarb

    MicroStrategy's infinite money glitch

    In December when mstr adopts the FASB rule, they can claim the profits on their bitcoin holdings About $300/share EPS, or a PE of 4 at current share price
  15. johnarb

    MSTR -- To get out or not...

    No early FASB adoption and no stock split, looks like after December on the FASB Leaps or actual shares of mstr would be better
  16. johnarb

    Bitcoin Price Thread

    Bitcoin is limited supply and the halving is a pivotal event every 4 years when inflation of new bitcoins is cut in half (borrowing from Michael Saylor), ever since 4/20/2024 (Asia time), there's a new buyer of bitcoin, this dude buys 450 bitcoins per day, every day, doesn't seem like much in...
  17. johnarb

    Bitcoin Price Thread

    It's always taken 2 years and the there are many reasons. Google it and see which one will make sense to you Why are you in such a hurry, anyway? You're not thinking of dying on us in the next 2 years, are you?? I would not want you to miss when bitcoin is $1,000,000/btc, hang in there, Frederick
  18. johnarb

    Bitcoin Price Thread

    Over the next two years after the halving
  19. johnarb

    Bitcoin Price Thread

    Not delayed, actually ahead of schedule, the next 2 years... check the chart I sent you
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