Ann: Strategic investment into Bitcoin and digital asset market, page-27

It makes sense for dcc to put more money in the funds. Provide extra liquidity for their casinos punters. That’s all it is really, it’s not a fund with assets geared for long term sustainable growth. It’s a place where punters can get together and outbid each other when the price rises or sell out before the momentum to the downside picks up.

I just hope everyone sold out above 50k. The playing field for bitcoin has been structurally changed this week when it’s carbon footprint came into the light. It’s not even a new phenomenon, it’s been known for ages but since the crypto god has denounced it (Elon), now it’s a problem for btc adoption and thus to all of his sycophants.

Let’s face it- if it wasn’t for Elon or Tesla, btc would have never reached 64k on its own. Maybe manipulated there but certainly not by institutions or retail. He was a whale and that had a significant impact on the price. Don’t feel bad for Elon though, I think he reported profits of ~100m from selling btc. He’s probably still barely in the profit too so don’t worry people, Elon won’t lose much money on this.

As for the retail punters and those who believe that dcc will ever be worth more than 45m market cap... well good luck to all of you but please don’t be too adamant when believing your own BS.