Thread

They're buying equities but whatever. Maybe they should just buy the yatch.

Here's some math ... BTC is down 85% against nvidia since 2013 ... 12 year time frame That's what they're thinking. Not going to dollars but he also thinks we go down 50% next year so in his mind anything beats that

So if Bitcoin hits 200k its a better performer?

Not sure if that overcomes nvidia but I'd doesn't look as bad. Most people are looking for a way to not get debased and store their value. And Nvidia and Gold have done that best over 2025 I keep hitting on nGu for that reason We on BTC are a meme because we've been trouncing everyone on nGu and then that lets some of them understand the fundamentals. We haven't had the nGu to bring demand lately

Yes, fiat mindset ... But also represents a lot of the Bitcoin out there

Sure does. Jeff Booth talked about his, long term hodlers selling to the next generation of long term hodlers. I look forward to selling like a pussy at a milly.

lol, I look forward to BTC finding some buyers soon

bitcoin has plenty of buyers. Many of us on here are buying daily and will continue to do so as long as we are earning fiat regardless of the fiat exchange rate. This is why I am so adamant that the shitcoin shops (Conbase and binance) are selling paper. You think there is actual demand for all the shitcoins they peddle? How much bitcoin are they printing out of thin air to prop up the shitcoins? Just Need to continue to create more bitcoiners to counteract this temporary BS

I don't see it the same way but thanks. I'm sure there's some paper but they don't need to do that work right now ... There's enough selling to keep the price down. When the long term holders weren't selling and ETFs + treasuries we're buying we went up from 50k to 120k. When long term holders started selling and ETFs + treasuries bought we ranged for a year. Now with sellers and treasuries + ETFs not buying we have been trending down

Fair enough Even if there is not paper bitcoin floating around, the long term holders only have a finite amount of coins to sell. They have to run out at some point and we will continue to gobble up their sats. Have to think they are starting to run low already but I guess we shall see

We went to 69k without etfs, treasuries, saylor etc. Yet we trens sideways with a finite asset and you say no paper BTC out there? That doesnt math in my book, but paperBTC holders will enjoy their rug, its loading.

Mental gymnastics

🔥

I mean, to each their own and big props to the OGs who had to eat mountains of FUD for over a decade. Hope they don’t get rid of everything but we’re here scooping it up.

Yeah, if you survived the block size wars and multiple exchange explosions and can set your family up ... Hats off to you I'm hoping we get some support from companies buying because I don't think plebs alone can absorb this sell press

I think they’re feeling the same pressure as mNAVs slip below holdings. Not saying they’re selling but capital raises might be diverted from acquiring bitcoin to buying back their stock.

Agreed for the small ones. I meant it more generally though, not just treasury companies

Ah yes, see what you’re saying, and as you suggest, we’ll see if they come out more as the slump continues.

Exactly