Bumlebien
3.9K posts

Bumlebien
@bumlebi
Crypto excites me - love the tech.I have come to the conclusion that eventually 99% of successful tech will be ported to layers on Bitcoin
Katılım Ocak 2018
396 Takip Edilen169 Takipçiler

@saylor two ATM programs at once so $42B in dilution incoming. shareholders in both vehicles taking the hit so he can stack more btc. thats not conviction, thats speculation funded by other peoples equity.
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Strategy announces new $21 Billion $STRC ATM Program and new $21 Billion $MSTR ATM Program. strategy.com/press/strategy…
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@satiricalcomms @Zhangbeihai121 @saylor @Strategy I believe he started the DCA when it was close to 10k. His buys have just increased in size as conviction from the market and his product has developed. He was under water when it dipped below 17k last cycle but kept buying and here we are. He will also buy at 250k.
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Bumlebien retweetledi

$STRC is engineered for high yield (11.5%), low volatility (1.7%), an exceptional Sharpe ratio (4.60), and deep daily liquidity ($209M). Track these metrics daily at strategy.com.

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@Rajatsoni @GT3HODL In order for bitcoin to go lower somebody will have sell at these prices. If most already sold above 100k - who will be the sellers now and when will they expect to buy back in?😊
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@GT3HODL "Most of us"
I doubt it
A lot of people were EXTREMELY bearish at $60K lol
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@ConorBy30855041 @Croesus_BTC When Bitcoin went to 15k during the last bear and Saylor kept DCA into Bitcoin people were ridiculing him too - then when Bitcoin went to new highs he was a genius. He has discovered a way to challenge the bond market with a better product. Give it a decade and we will be wiser.
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@Croesus_BTC Surely you can drink 3 gallons in a decade or two?
Saylor lost $6B already. He is a walls street loser but now he is smart....Ask yourself why he was refinanced again? Useful stooge more like....he has never created anything , and never will.
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@nic_carter @David_Khait So attacking the United States because they have nukes is justified? Or France or….?
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@David_Khait are people still trying to pretend like this wasn't a completely justified military action?
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@comic @Rajatsoni @saylor @PeterSchiff The man has conviction. Keeping with schedule - dollar cost averaging at big scale. You think he is down in 5 years? If not - will that change your perspective? Peter has been spewing the same nonsense since $500 btc. If he had bought some his opinion would have been different
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Strategy has acquired 22,337 BTC for ~$1.57 billion at ~$70,194 per bitcoin. As of 3/15/2026, we hodl 761,068 $BTC acquired for ~$57.61 billion at ~$75,696 per bitcoin. $MSTR $STRC strategy.com/press/strategy…
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@TheSilverRam @bitcoinstone @PeterSchiff @TimDraper Gold has already lost the MoE and UoA to fiat. It is also sharing SoV with everything from stocks, art and empty real estate. In 2009 Bitcoin enters. It has the properties to function as SoV, MoE and UoA if it gets adopted. Bitcoin is battling with FIAT.
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@TheSilverRam @bitcoinstone @PeterSchiff @TimDraper No new technology will have a track record. Any old technology will have proof of all the years it has worked. We have to compare the features of the two technologies and then evaluate if we “believe” one will “beat” the other.
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In a recent interview, @TimDraper said he prefers Bitcoin over gold because gold doesn't work as a medium of exchange because you can't shave some gold off your bar and order a cappuccino. Somehow Draper, a knowledgeable crypto investor, doesn't realize you can tokenize gold.
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@TheSilverRam @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper What if more units are introduced to system than is backed by the gold? How is different from the gold backed system we had until it was obvious to all that the peg to gold was broken. İf government has the ability to print - they will.
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@bumlebi @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper This isn't a blanket truth. Say there's a security issue with Bitcoin. If it happens with an audited blockchain like Pax Gold, the underlying gold collateral survives. It could be liquidated with everyone receiving a claim to that gold. With Bitcoin, it's a claim to nothing.
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@TheSilverRam @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper Could be. It is the greatest honey pot in the world. Just sitting there in the open to be snatched by the capable. China has banned it. Governments a trying to shut it down with draconian tax laws. Regardless it is still working as intended and there to be used if people choose.
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@bumlebi @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper That or it's just sacrificing speed and programmability and isn't optimal either. Lol.
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@bumlebi @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper Here we go with "I believe" again. You're implicitly asking people to have faith in Bitcoin like you do when Bitcoin isn't established in doing anything except dragging massive value put of most people who have taken the time to give it a chance. Gold is the way forward.
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@TheSilverRam @bitcoinstone @PeterSchiff @TimDraper No. It gives it a higher probability but it is not a proof. You still “believe” that neither bitcoin nor any other circumstance will change the valuation of gold. But yes it will exist with the same properties it has now.
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@bumlebi @bitcoinstone @PeterSchiff @TimDraper I know that gold will exist in 100 years and will have value. That's not a belief. What value? Well, proof by induction. It had value 5,000 years ago as money. And 4,999 years ago. And 200 years ago. And 199 years ago... it's become a proof that it won't have value in 100 years.
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@TheSilverRam @bitcoinstone @PeterSchiff @TimDraper Gold is gold but you “believe” it will have value in 100 years. It only has value if people want it - as with everything else. You do not know if gold will have a monetary value in a 100 years or even be praised for its properties. It will be gold for sure though.
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@bumlebi @bitcoinstone @PeterSchiff @TimDraper You also have to notice that you're stuck using "believe believe believe". This is evangelization, not defense of the approach let alone the protocol. For example, you could be 100% correct on the approach and then the protocol is still doomed. Gold is gold. It doesn't have this.
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@TheSilverRam @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper I guess you are right. What is money? It is one of the great questions.
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@bumlebi @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper Money is not a ledger. Another fallacy. A ledger is fundamental for transacting money, but it is not money itself. And the algorithmic superiority of Bitcoin's ledger is also highly debatable. It relies on many arbitrary qualities that others falsely deem maximally efficient.
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@TheSilverRam @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper I believe gold will have value and its most important metric will be its price in bitcoin. Gold will be the last resort if the world go into chaos. Together with skills and other important commodities and goods.
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@TheSilverRam @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper How much risk can be tolerated? Of all cryptos Bitcoin is optimized for minimal risk and is sacrificing speed and programmability. Bitcoin will be THE ledger - the final settlement. Layers on top will sacrifice some security for speed and programmability each layer
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@TheSilverRam @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper silver. Excellent talk. I have to go now. Will love to continue this thread later. Your opinion is valued and backed up by thought 😊
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@bumlebi @MagicCyberMoney @bitcoinstone @PeterSchiff @TimDraper Two intersecting angles: philosophical & technical. Bitcoin is not a practical daily transaction currency without L2 technologies due to settlement time & growing transfer cost. This immediately puts it on par with gold's centralization req w/ no added benefit of programmability.
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