Post by twetch#3895

twetch#3895 5.8y
13PdfD…gEzi Key · twetch

Microstrategy ($MSTR) bought 38,000 BTC around an average price of $15k.

Thank you Michael Saylor for letting me short BTC on the legacy market.

Who is joining me on this one? I'm looking at 1-21-2022 expiration for put options.

What the chain says
Transaction
13ce66eb071e4a968802b943e77beebb094202eb11a095af7dbb8eb2c81b13a0
Block
668 539
Time
2021-01-04T15:36:33Z
Signer
13PdfD8xEiTeHxnYCXvmhXDApkDW8JgEzi
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#3895

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 13PdfD8xEiTeHxnYCXvmhXDApkDW8JgEzi Verified

Replies (9)

twetch#204 5.8y
1K4esD…vqJm Key · twetch
Replying to@13PdfD…gEzi

Don’t do it. You will lose your money. BTC economy is expanding and propelling its price. Don’t look at block size. It’s irrelevant short term.

twetch#3895 5.8y
13PdfD…gEzi Key · twetch
Replying to@1K4esD…vqJm

This is an asymmetric risk trade.

Low Risk, High Reward.

These options do not expire for more than a year.

This is a really good trade considering that the intrinsic value of BTC is $0.

BTC economy is not growing, you cannot do anything with BTC.

twetch#204 5.8y
1K4esD…vqJm Key · twetch
Replying to@13PdfD…gEzi

Here is example of money I made. PrimeXBT has $20 billion of trade a month.

twetch#204 5.8y
1K4esD…vqJm Key · twetch
Replying to@13PdfD…gEzi

Active address on BTC is growing. 888,000 per day currently for example. BSV is 20,000 if you exclude system testing apps or 300,000 if you include system tests.

twetch#204 5.8y
1K4esD…vqJm Key · twetch
Replying to@13PdfD…gEzi

Massively crippled bitcoin BTC economy is absolutely growing. I know. I’m making money in it.

twetch#3895 5.8y
13PdfD…gEzi Key · twetch
Replying to@1K4esD…vqJm

Hell yeah, I'm happy for you man.

twetch#204 5.8y
1K4esD…vqJm Key · twetch
Replying to@13PdfD…gEzi

You can do alot with BTC. I just took $7,600 profits today and $2,600 yesterday on SimpleFX and PrimeXBT from trading. This is not possible with BSV (TDXP.app is closest thing we have but much smaller). BSV echochamber is warped from reality.

twetch#3895 5.8y
13PdfD…gEzi Key · twetch
Replying to@1K4esD…vqJm

BTC's major feature is a casino.

Is BTC better at BSV when it comes to being a casino?
Absolutely.

BSV's major feature is swallowing the entire world economy.

Congrats on your profit though lol thats NIIICEE. Cha-ching lol

twetch#3482 5.8y
1F6hgK…n1yu Key · twetch
Replying to@1K4esD…vqJm

Trading, whilst requiring some sort of interaction, is hardly doing something in the constructive sense of the term. That's all BTC is really good for; and maybe large value transfers, provided you don't mind paying for it.

peck
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