Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 14/01/2025, 01:10:05 UTC
Another post-Sailor-selloff?
Post Sailor Sellofs are almost a certainty, lately.
If Sailor keeps buying like this we won't see any 80K discount coins anytime soon.
WTF. Leave some for the rest of us, Sailer....

For sure that is the game theory whether you are an individual or a BIGGER player.  Saylor is not going to let off, which he is sparking imitators, and some of the players still don't get it, even though Saylor is quite open about the whole "gobble up all the bitcoins" thing.

Traders are getting burnt.
HODLING is Gold.
Gold? How cheap. No, HODLING is Bitcoin.

Good point.

I'm getting tired of seeing Red.

If you of the belief that "this" is red,  then you really must be new here.

$11.5 trillion BlackRock says that #Bitcoin and crypto adoption is outpacing the internet and mobile phones.

https://x.com/BitcoinMagazine/status/1878870351620506037?t=Qxz2UCPIge4Qes39EaAU9g&s=19
I am not to sure about this chart. First i do not think the 3 things are that directly comparable. For example since you "use" bitcoin by buying/selling etc via the internet. But there was nothing assisting the internets growth in the same way when it started so is it not surprising bitcoin is growing faster? Second I wonder how the 300 million bitcoin users is calculated? I have a few bitcoins in total but  I have bought them in parcels of about 0.1 bitcoins over several years. Am i deemed 1 user of bitcoin or about 25 (based on number of buys?

Anyone else have views?

No need to get into the details, yet if they are measuring the time that it took to reach 300 million users, then seems like a reasonable comparison, even though how they are measuring a "user" might be questionable both in terms of accuracy and also in terms of whether the threshold of a user is sufficienet.. but for ballpark ideas, I don't have any real problem with those kinds of relatively "recent" comparisons.