He's pumping out the tweets... I'm sure he's sweating. His avg price is 30k for his BTC load... what are we now? 27k ish. Will be an accounting impairment and all that for microstrategy. There are more HODL'rs of BTC though.... would suck having had bought > 35k.... a lot of bag holders. The great crypto ponzi schemes are finally being tested. BTC has certainly proved the following:
- NOT an inflation hedge
- NOT a safe haven/digital gold/store of value
- NOT a fit for purpose "currency"
I'm sure the 'btc community' will be thinking upt he next thing BTC is or solves for. One can only say buy the dip so many times...
Bitcoin Charts, page-932
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