véritas on Nostr: “In previous bull runs, long-term #Bitcoin holders unloaded their coins into weak ...
“In previous bull runs, long-term #Bitcoin holders unloaded their coins into weak hands as the price ran up.
But today, they are selling straight into Michael Saylor's black hole.
saylor (npub15dq…lm5m) and Strategy are gobbling up an enormous amount of Bitcoin at every level of long-term holder profit taking.
This is resulting in the stair-stepping price action that has characterized this bull run.
It's almost like he wants to destroy all your models?
Thus there's one question we should all be asking:
What will run out first - Saylor's #fiat money tap, or the available Bitcoin supply?
My bet's on the latter.”
- Stack Hodler (npub1g4l…xt9c)
But today, they are selling straight into Michael Saylor's black hole.
saylor (npub15dq…lm5m) and Strategy are gobbling up an enormous amount of Bitcoin at every level of long-term holder profit taking.
This is resulting in the stair-stepping price action that has characterized this bull run.
It's almost like he wants to destroy all your models?
Thus there's one question we should all be asking:
What will run out first - Saylor's #fiat money tap, or the available Bitcoin supply?
My bet's on the latter.”
- Stack Hodler (npub1g4l…xt9c)