Very different structure, probably the same outcome. Will Saylor’s ponzi last longer than Madoff’s ?

This time it’s 6x the amount that were exposed all the way back in August. Be your own bank!

I'm speechless. Who bought all those shares? How much stupidity is there out there? Saylor will be in history books, one of the greatest charlatans in finance. 

Thank you for your service to Buttcoin.

Without you, there would be no place for contempt, disdain, scorn, mockery, and ridicule.

You complete the ecosystem as an important step in this journey.

For which, we are in your debt.

So after selling 6916 BTC for a total of $430M. Last week he buys 4603 BTC for $370 Million. That's net selling of 2313 BTC for $60M. In aggregate, this is equivalent of selling at $25,904.

Their own "BTC yield" metric is negative year to date now.

I know this isn’t the highest quality post and has probably been discussed but my rtfm and use the search bar only come up with other results (or historical results), not specifically about this question on this sub, or even from normal people, so if someone can find any references or a thread discussing this, please point me the right way and ill be glad to learn! thanks!

So, as we all know, the cult of Bitcoin has a “hard” cap of “21 million“ coins. As we also know reality, after the last halving there are actually 20,999,999.69 coins in the wild ecosystem totally possible with the current architecture of the Bitcoin code and network.

Currently the code stops at that number with .31 coins unable to be mined.

That being said, do you think (I personally do) that bitcoin will readjust the reward for a block to be less than the lowest current allowed decimal (satoshi) allowing mining of fractions of a satoshi? will it be everyone adopting or will it be a fork again? I know that miners won’t be able to live on transactions alone. do you also think, as I do, that miners will stop mining and the bitcoin blockchain and processing will come to a halt at 20,999,999.69 coins? I personally think it’s a farce like the rest of Bitcoin and they will keep halving indefinitely to go less and less and less shavings of a piece of corn.

irrelevant, real World view of bitcorn and harsh replies when possible please, just make sure you educate me and send me links.

thanks!

After years of research, I’ve finally figured out the Bitcoin business model.

You buy magic internet beans because someone else told you they’ll be worth more later.

Then you wait.

If number goes up: GENIUS FINANCIAL INNOVATION.

If number goes down: YOU JUST DON'T UNDERSTAND THE TECHNOLOGY.

If you ask what Bitcoin actually produces:
“Have fun staying poor.”

If you ask why you need a $20 billion decentralized network to send $50:
“NGMI.”

If the price crashes 70%:
“THIS IS HEALTHY. WE'RE SHAKING OUT THE WEAK HANDS.”

And if it goes up 10%:
“ADOPTION IS HAPPENING.”

At this point I'm convinced Bitcoin isn't an investment.

It's a religion where the communion wafer is a hardware wallet and every financial loss is a test of faith.

Have fun staying solvent, I guess.

Hey I live in a totalitarian dictatorship but I am also on Twitter defending Bitcoin

I used to be agnostic towards Bitcoin. But ever since my close friend has become obsessed with Bitcoin, hearing anything about Bitcoin and/or AI makes my skin crawl.

Wanna talk about politics? It's somehow tied to Bitcoin. Wanna talk about economics? Bitcoin will replace the current economic system. Wanna share a personal problem? Bitcoin will solve it. Wanna talk about futurism? Futurism doesn't exist without Bitcoin.

It's gotten to the point where I don't want to talk about anything with substance and have resorted to short responses but he doesn't know the real reason.