Serenity Chen

@Jelly_Jiggle @AIFinanceIQ @PeterSchiff Ok so you would be comfortable with US treasuries where the only way to pay back the debt is to create the paper out of thin air, but not ok with what Saylor is doing... got it 👍🏼

@0mickmack0 @AIFinanceIQ @PeterSchiff The US has the power to print money. Does Saylor have the power to print new Bitcoin?

$MSTR was initially able to fund its Bitcoin buying spree by selling shares at a premium. Now it's forced to issue preferred shares with an 11.5% yield. Since MSTR has no earnings, this obligation can only be satisfied by selling more preferreds, discounted common, or Bitcoin.

@AIFinanceIQ @PeterSchiff So please explain, what are US treasuries? 🤡

@PeterSchiff This time Schiff might actually be right. 11.5% yield with no earnings is a Ponzi that only works in one direction.

BIP 361: "Post Quantum Migration and Legacy Signature Sunset" has been published. You can read it here: github.com/bitcoin/bips/b…

@BitPaine How much longer is this beachball going to be held down 🤔

this is the most bullish i have ever felt in my life.

$1.156B of liquidity. One penny of volatility. Closed at par. $STRC

@dmweisberger If the OG's that are selling had any sense at all.. they would start buying back their coins seeing MSTR / STRC vacuuming up the carpet.

This morning Bitcoin is back at "resistance" BUT, the demand dynamics have shifted due to STRC, making the equilibrium price higher every week. WHO is left to sell and what happens when those that sold start to buy back en masse???

@danielgoesmax @BitPaine It really is that simple. Stack and enjoy 😉

@0mickmack0 @BitPaine Gone my entire life hating and thinking I was awful at math, however that makes perfect sense to me!

I think people are going very quickly to come to the realization that Michael Saylor is operating with asymmetric information and has been for a while now.

@ZeroResearchCap @BitPaine Are you insane? Apple does not buy back the entire amount of shares that they issue. The buyback volume dwarfs issuance. Delete your comment.

@BitPaine The information: "As long as the unit of account (currency) to which you price a scarce asset in expands, the scarce asset must increase in value in relation to said currency"

@BitPaine Literally grade 5 math here

@0mickmack0 The asymmetric information is literally just being mathematically literate

@RHodls Paper BTC still depends on spot price, it can only suppress it short term, why does nobody understand this. BTC can be taken into custody in seconds, unlike gold that needs delivery. Its a different beast. Nothing stops this train 🚂

Get comfortable with the reality that $MSTR is on track to control 10% or more of all Bitcoin that will ever exist ->over 2 million coins. I think they get there within 10 years. The only thing that stops it is if Bitcoin reprices into the millions fast enough to front-run the accumulation. Even then, $MSTR wins big from the equity side. Either outcome is a massive victory for Strategy. This feels like checkmate. The only thing that will stop @saylor is what…world war 3? Aggressive fed? Or monster amounts of paper BTC.

@BigMoeGambler @brian_armstrong So if gold got more scarce, and people started hoarding it in their basement, and gold miners found less in the ground, you are saying the price would go down 😅 Please delete your comment.

@brian_armstrong = mining not profitable anymore. Network shuts down and it goes to zero

The 20 millionth Bitcoin was mined yesterday. Now there are only one million new Bitcoins to be mined, which will take over 100 years. Decentralized, inflation-proof, global money.

@TylerSCrypto Thats a double tuck reverse hand spring bullish thing a magiggy

once you see it, you can’t unsee it #bitcoin

@AviFelman "I found a way to grow an unlimited supply of apples. I'll tell you how if you give me all your apples"

Coffee shops should have a separate line for those of us who just want black coffee.

@TheBTCTherapist The faster down = the faster up Once the bad actors figure out their push down doesnt effect MSTR or Saylor, we recover quickly IMO

THIS COULD BE THE FASTEST BEAR MARKET IN HISTORY. THE FINANCIAL PLUMBING HAS NEVER BEEN MORE ADVANCED. ETFS, TREASURY COMPANIES, BANKS, SOVEREIGNS, NATIONS. DO NOT GET CAUGHT OFFSIDES.

@Matt_Hougan Combining the two things that humans understand the least = (Money + Technology) Of course it is completely misunderstood by the masses. Only those with a higher IQ capable of rational thinking own it. The slow and incompetent are the ones bashing it.

These are terrible takes. Bitcoin is an emerging store of value. You cannot ask it to emerge from nothing as mature as gold. Imagine it in 2009 as a newborn. It is 100% speculation. Now imagine it in 2050 or whenever, when every central bank owns it, and it’s as normal as gold. It’s 0% speculation. You cannot travel from 100% speculation to 0% speculation without ticking every gradient in between. The reason it doesn’t fit any individual box right now is it’s in the uncomfortable middle. But that’s a necessary part of the journey. Either you believe it’s literally impossible to create a digital store of value or you have to imagine it passing through exactly this teenage state.

Definitely a coordinated attack on BTC happening, i've never seem this level of FUD generation in my life for any asset. Suddenly an unlimited amount of sketchy accounts spreading absolute filth and lies, desperately trying to bring the price down. Stay strong, keep stacking, ignore the noise. 💪🏻

I’m usually a fly on the wall in most Bitcoin spaces. Personally, I don’t have the technical knowledge to speak or add value on the technical side, but I can provide the needed conviction. I won’t go into details, but I’ve positioned myself well: about 65% of my total wealth is now in Bitcoin, not including my home. Am I a maxi? Who knows. Everyone has a different definition of what that really means. Please don’t let all these distractions and organized attacks influence you. Buy spot $BTC and transfer it to cold storage. I use it as a store of value. I will eventually add a smaller position just for use on @River via Lightning, but 99%+ will stay off exchanges. See everyone at the finish line.