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.
Post by twetch#204
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.
What the chain says
- Block
- 668 539
- Time
- 2021-01-04T15:36:33Z
- Signer
- 1K4esDkAKBDcgEGZ9NBmvQsS1DrmehvqJm
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#204
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1K4esDkAKBDcgEGZ9NBmvQsS1DrmehvqJm VerifiedReplies (8)
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.
Here is example of money I made. PrimeXBT has $20 billion of trade a month.
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.
Massively crippled bitcoin BTC economy is absolutely growing. I know. I’m making money in it.
Hell yeah, I'm happy for you man.
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.
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
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.