Quote from: rdbase on Today at 07:45:43 AM

Quote from: JayJuanGee on Today at 03:41:58 AM

Quote from: rdbase on October 24, 2023, 01:44:38 PM

Just hope I'm not too late to the party! -Nice Pump Action Anthem in the tweet below!

https://twitter.com/0x_____________/status/1716553698061553969
Michael Saylor is looking like a true god at this point with the PAMP.
His company had broken even yesterday at just $33,500. Now it is going just bananas! Grin

I am pretty sure that Microstrategies have average costs per BTC below $30k, and you can see the latest up update of fillippone's google spread sheet
That is also linked in the OP of fillippone's microstrategies thread.

Quote from: Arriemoller on October 24, 2023, 05:36:03 PM

Oh, and Hi everybody!

Hi Arriemoller.

Quote from: philipma1957 on October 24, 2023, 07:16:50 PM

lets hope for sideways 33-34k for a while maybe til Nov 28th.
numbers are nice for the mine.

I am having trouble with the idea that BTC will jump up 20% and then just go sideways.. but sure, anything can happen, but seems like a lower end of probabilities kind of scenario.

Quote from: Stapleddiet on October 24, 2023, 08:29:49 PM

My euphoric phase is growing again. It is wonderful to have stumbled upon Bitcoin so many years ago and read up on it, learning the hard way of buying high at $30 and maxing the credit card out to do it, spending ages cursing myself but hodling anyway. Today life is not bad my friends.

Wow... you bought at $30 right before it dropped to $2 and then took a while to get back above $30 again.. and so yeah, those were early days...

Yet nobody starting talking about them breaking even when the price was $31,000. Only when the price rose to $33,500 quite rapidly. I guess the mainstream cryptomedia was late to the party as they mostly are.

Your perceptions might be irreversably skewed if you believe that the quantity of people talking about them (or beginning to talk about them) is a basis of any kind of actual and/or meaningful facts.

Quote from: rdbase on Today at 07:45:43 AM

JJG WO bot has AI skills to rival even the best ChatGPT variant. Completely forgot about Fillippone's MicroStrategy's thread. Thanks for the linkage!

I think that there are some other actual factual sources besides Fillippone's when it comes to tracking some of the ideas regarding which companies are buying BTC and what are their various average BTC costs and how many BTC they hold, and surely there can be some variance between websites.. and maybe sometime they might not be updated with some of the latest purchases and/or sales.. .. and I am pretty sure that even in the very 1st few pages of that thread, there are links to several other sources of such treasuries information... not that we are talking about any treasuries besides MSTR at this point, since they do kind of overshadow so many others, they get quite a bit of attention and even a lot of haters (including misinformants - who don't mind playing loosely with facts, and hopefully you are not one of them because sometimes it quite a bit better to get some of your facts straight before you repeat inaccurate and even misleading information, merely based on other peeps saying it... and I am not even claiming that I always get things 100% correct).

Quote from: rdbase on Today at 07:45:43 AM

Cathy Wood sold (even if it was GBTC shares) when it was $34,500 so everybody was seeing it as a smart move. But the push to $35k is looking more plausible now.

Also, Hi Arriemoller! Cheesy

I doubt that it is a good idea to consider selling at this point to be a good move, and surely some funds like that might have different trade offs that they are making.. and many of us are not (and probably should not be) fucking around with selling large amounts of our BTC stash in order to attempt to potentially buy back lower, even though I have no problem with ideas of selling on the way up whether it is for consumption or diversification into some other assets or even taking some risk off of the table as long as you are neither expecting to be able to buy back lower and/or the amount that you are selling is not meaningfully causing you to be ill-prepared for various UP scenarios that may well end up playing out after your points of selling.

Quote from: bitcoinPsycho on Today at 11:33:35 AM

Interesting.

Does not necessarily mean that we are going to get any meaningful correction any time soon.

Maybe we will?

Maybe we won't?

Quote from: philipma1957 on Today at 01:32:26 PM

Quote from: bitcoinPsycho on Today at 11:33:35 AM

yeah thinking 120,000 by dec 31 is greedy.

I have a 33-36 slot til Thanksgiving in mind then 45-48k by dec31

but as JJG says I am too bearish.

It seems that now you are either moving the goal posts and/or are adding more facts.. but even besides that.. I did not even really say much of anything about whatever the fuck direction that you are talking about, but I was questioning when you seem to want to put king daddy in such a narrow box. and then that ends up becoming potentially less likely to play out, as I think that I already tried to suggest with my earlier post in which I mentioned that it does not seem that bitcoin goes up 20%.. in a day.. and then maybe we can look back at the month and see something close to 40%.. and then it goes up and then just gets stuck in the place that it went up to?

there are too many things going on in the world in order to make it not very great likelihood that bitcoin is going into a place of quasi-stability.. and I am not even directionally making any kind of claims, even though surely it seems that any claims should be slightly biased towards UPpity at this particular point, but there still could well be some pretty violent downity shake outs, merely because those are the kinds of dynamics that have historically played out in bitcoin, and why should we all of a sudden presume that bitcoin has gone into some kind of stable state (while in the middle of a war.. you want to presume stability.. seems like an outlier kind of a presumption.. but whatever keep on with your exacting predictions, historically, they have not really tended to play out so well for you, and I hope that you are not betting too much of your book too much on some of the preciseness of your expectations, which I do get the sense that you are playing around with those kinds of bets a wee bit too much too.. but whatever, I am not trying to take away from you being you... it is kind of interesting to see varying somewhat ornery perspectives even when they are tending to be wrong on several kinds of dynamics and even how to allocate value... and need i list those kinds of wrongnesses at this point? I hope not. Tongue