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BoomTown
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scarcity requires trade-offs.
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BoomTown 1 year ago
How does one buy a stripped down, analog Toyota Land Cruiser in the United States?
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BoomTown 1 year ago
Who had South Korean coup on the WW3 bingo card?
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BoomTown 1 year ago
@Michael Saylor needs to orange-pill ExxonMobil, Chevron, Hess, EOG, and the rest of the American publicly traded upstream oil & gas companies.
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BoomTown 1 year ago
Rumor of 19k bitcoin sale moves market $3k down … meanwhile an announced 55k bitcoin buy doesn’t move the market at all? Proof of reserves, @Michael Saylor
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BoomTown 1 year ago
I struggle to believe that Saylor is buying tens of thousands of bitcoins and the price is doing nothing. In days with thousands of BTC flows into/out of the ETFs the price action is $5k swings, easy. Every “sell wall” I’ve seen is single digit thousand at $100k … if Saylor is buying 50k+ BTC the market will move. Remember, ~165k bitcoins are being freshly distributed every year now. A 50k BTC purchase is absorbing all “new” bitcoin distributed over 4 months. Show us the proof of reserves, @Michael Saylor View quoted note →
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BoomTown 1 year ago
Yes. This could be the great psyop of 2020-2026 cycle(s). Hard to believe that 55k coins (1/3 rd annual production) doesn’t run up the price a little bit, right? View quoted note →