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TheGrinder
thegrinder@nostrplebs.com
npub1de6l...q0sd
Sovereign, creator of bitcoins, future owner of Mars and grinder of many things... 0863F34D0311FC550226F06A376B54D5650980FB
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TheGrinder 3 months ago
ok back from the GN because reading things like "miners are pointing their hardware to LLMs because of the market situation makes me laugh. Like a lot. LLM with SHA-256 ASICs? Riiiiight. If anything they're installing GPUs.
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TheGrinder 3 months ago
Dear Diary, today I almost hit a guy in ARC. Almost. GN
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TheGrinder 3 months ago
Bitcoin 5 min chart image Bitcoin 4h chart. Hold that climax back a little longer Anons. image
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TheGrinder 3 months ago
French coffee cups are the only acceptable size!
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TheGrinder 3 months ago
LOL this didn't take long. Overview of Unrealized Losses in Bitcoin Treasury Companies Many companies that hold Bitcoin as part of their treasury strategy are currently facing significant unrealized losses due to recent market downturns. This situation has affected various firms, particularly those that invested heavily when Bitcoin prices were higher. Key Companies and Their Losses image Market Impact The decline in Bitcoin's price, which has recently hovered around $100,000, has led to a broader market slump affecting these treasury firms. Many companies are now reassessing their strategies and facing pressure to stabilize their financial positions. Regulatory Scrutiny In response to these losses, exchanges like the Japan Exchange Group (JPX) are tightening listing rules for companies with large crypto holdings. This regulatory shift indicates a growing concern over the sustainability of the Digital Asset Treasury (DAT) model. The current landscape highlights the risks associated with holding cryptocurrencies as treasury assets, as many firms are now grappling with the consequences of their investment decisions.
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TheGrinder 3 months ago
Come on baby, push! #FingerOnTheTrigger image
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TheGrinder 3 months ago
"!A cartel causing the Bitcoin dip cause they borrowed Bitcoin from miners to pump BTC and now struggling to pay back the miners...." ... wasn't on my clown world bingo card for this dip
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TheGrinder 3 months ago
If you lean towards the fear index side of the indicator (whatever the fuck that is) then you're conviction hasn't set in yet. Relax and get some popcorn. (and find some funny money to buy the bottom)