Latest posts of: bitebits

Bitcoin autumn today, perhaps winter soon? No matter the season though, bitcoins are stored in deep cold permafrost.

https://twitter.com/JanineGriesser/status/1584185924430487560

In case anyone needs a little morale boost. Six minute video from Saylor about 'Bitcoin is the first properly engineered monetary system'.

https://twitter.com/saylor/status/1581729280941137920

Looks like Saylor is missing a thumb. Probably a boating accident.

(good interview btw in case you got some time)

BTC099: Michael Saylor's Deep-Dive on Bitcoin Energy Misconceptions

https://youtu.be/BYk1Id2j7_8?t=6154

Quote from: bitebits on June 11, 2022, 11:48:18 AM

Quote from: fillippone on May 11, 2022, 09:47:23 PM

According to my Computations, MSRT is trading at a substantial discount compared to bitcoin Market Value:

Bitcoin bought by Microstrategy now accounts for the 195% of the total Market Capitalization.
Buying Microstrategy shares equals buying bitcoins at 14,691 USD!

Thanks @fillippone, recently bought some MSTR because of your data. And today is a happy day since I believe I actually own 4.085% more synthetic sats than I thought I did?

129,218 BTC / 11,286,025 shares = 0.01144938 BTC per share.

@fillippone, I believe in the meanwhile MicroStrategy added a few spare coins to their pocket. You might already have an updated Excel file locally? Thanks.

"Bitcoin spends the majority of the time being dead"

https://twitter.com/LynAldenContact/status/1536728765925101569

First time I am almost fully at ease with the situation. Adding a bit to the stash in increments, can't let a good fire sale go to waste.

https://twitter.com/LynAldenContact/status/1536716402840596480

Less than 100k blocks left to the next halving and -60% from the ATH. This is the time to add to the stash again.

Quote from: fillippone on May 11, 2022, 09:47:23 PM

According to my Computations, MSRT is trading at a substantial discount compared to bitcoin Market Value:

Bitcoin bought by Microstrategy now accounts for the 195% of the total Market Capitalization.
Buying Microstrategy shares equals buying bitcoins at 14,691 USD!

Quote

Something is fundamentally different about current halving's "bear market".

https://twitter.com/therationalroot/status/1534509161635106816

Quote from: dragonvslinux on June 06, 2022, 08:37:55 AM

[...]Between $35K and $40K things could really get interesting as sellers would again be trapped under $32K which we've seen twice before in January and Summer of 2021.[...]

Thanks for your analysis. To a non-trader, could you eleborate a bit about sellers trapped under (Adam's magic) $32k?

Nearly 66% of bitcoin has not moved in over a year, marking an all-time high.

https://twitter.com/danheld/status/1533181953482039296

Quote from: Gachapin on June 04, 2022, 02:03:23 PM

I really start to think that Saylor reads the WO...

[...]

Saylor is just trying to catch up with us, we are only 30844 pages ahead of him.

Quote from: shahzadafzal on June 03, 2022, 11:13:21 AM

If you didn’t notice BTC dominance is at highest since last ATH

https://www.reddit.com/r/Bitcoin/comments/v3d1mw/4_years_ago_there_were_1594_cryptos_and_btc/

As a start the Bitcoin dominance has increased with 24.5%. But we all know 99% of the crapcoins have a BS market cap, next to the infinite brrrrr of 'stable' coins. I wouldn't want to own anything else than Bitcoin for 10+ years; its real dominance is probably above 90%.

Dude. Grow some balls and dump your fiat, alts, sell the furniture, whatever. And buy bitcoin outright. You can thank the WO later for the financial advise.

https://twitter.com/LincoinPool/status/1529853127003779072

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