__mifflin__'s comments

On: Bitcoin cracks $60k, sinking to lowest level since October 2024

[__mifflin__]

He sold 32 out of 800k+ to prove a point. That’s $4 out of $100k.

[pgreenwood → __mifflin__]

He sold 0.00004 % of his stock and Bitcoin dumped 25 % of its value

[jqpabc123 → pgreenwood]

His company is losing money and the future hangs on their ability to borrow fiat in order to prop up bitcoin.

He is in an ironic and untenable position in my opinion.

BTW, I think the decimal in your stated percentage needs to shift 2 places to the left.

[jqpabc123 → __mifflin__]

What he proved was that "Never sell your bitcoin" was not a good Strategy. Three consecutive losing quarters convinced him to prove it.

And he will be forced to prove it again if the decline continues.