the suits are playing paper bitcoin games
stack to self custody, relentlessly
we will blow them up
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Replies (84)
🤝
As my old manager would say "You play stupid games, you win stupid prizes" 😆
Fuck suits
This is the energy I like. Hahaha
I think you have an impersonator 🤔
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fk those fkers
Wall Street always be scamming
We have arrived at the financial version of the Battle of Thermopylae
Like clockwork
@Michael Saylor is a fraud until he proves otherwise
this is the way
Dis you? GM
Rehypothecation stops the moment the tx hits cold storage
Odell is back 
I feel like most of the Boomers are/will as well
1) What
The prison has an orange door in it
Mainstream finance is addicted to paper games. I’d be very surprised if they weren’t playing them
When would a scheduled reoccurring buy cause the most pain?
STICKING TO THE PLAN.
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The bear market will continue until CAPS ODELL returns
😂
Do someone have tangible evidence of this ?
What’s the evidence for this being the case?
When people adopt Bitcoin as money...
I obviously love this hopium and am heavily partial to how criminal legacy finance is, but what evidence do you have for paper Bitcoin? Or is it just vibes?
Yes! Yes! Let's show everyone who is swimming naked! Accelerate!
We will, just hope it doesn’t take 2-3 decades like with Gold
I like fire 🫡💥🔥
🫡
The world will see who is swimming naked when the tides turn. Self custody baby⚡️⚡️⚡️
The world will see who is swimming naked when the tides turn. Self custody baby⚡️⚡️⚡️
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Amen!! 🫡 🫂
Will find a job right now ... !
Not with exposure to CEX. They just play a game of moving chairs.
It took the Monero community several dedicated Moneroruns to force big exchanges into delisting after realising that price is suppressed through fractional reserves.
I doubt, that degree of concerted action is achievable on Bitcoin (anymore).
That said. I'd love to see it.
Those in the know already control their keys. So they have almost zero effect if pushing self-custody fromb 85 to 95%.
Those who play the games also hold a sizeable amount ofvreal coins.
Those who don't know ruin it for everybody else. But they simply don't know better.
You will lose (and we are currently getting rekt doing this) - if you let margin traders and institutions sell Bitcoin that they don’t own… they will dump on you forever and make more fiat money doing it. These institutions are hedging and shorting Bitcoin because they do not believe in the tech. If you only hold in cold storage and spend fiat money then the price will continue to drop. Your conviction means nothing if you sit back and get outbid.
There’s nothing wrong with using a bit of leverage when bitcoin is weak. Especially if you already have a cold storage savings and don’t spend fiat money. Creating a circular economy will do more for Bitcoin than hoarding it in a vault selfishly.
This is a currency war and there’s no reason to simply let the doubters out bid you in conviction. We need to strategically take the offensive or the paper bitcoin problem gets worse.
In my opinion - save as much as you can in cold storage but you should be deploying longs in weak moments to help the network - it’s highly profitable even in bear markets if you have a decent strategy. If that’s too much risk for you then you should be spending only Bitcoin and not hoarding it in a vault.
The good news learned from Minero's $150/floor.
Naked shorts put in a higher price floor than price discovery would otherwise suggest.
They can hinder hype speculation. They can't stop Bitcoin or Monero from growing organically.
Still safer than silver.
STAY HUMBLE AND BUY THE DIP!
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💯. Light the fuse
lets be honest. every pleb combined doesn't stack 1/2 as much as saylor stacks paper IOUs weekly
this you?
@ODELLXYZ is blowing up on X my guess is it's not you but some pretty credible bitcoiners are sharing it. Can you post here on NOSTR letting us know its not you, thank you for your attention to this matter lol
I concur.
every dollar that stacks bitcoin to self custody instead of giving it to saylor is actually a two dollar swing in the ratio
it isn't an either/or situation though. saylor buys as much as he wants regardless of how much you/i stack into self custody 😉
Us buying does not reduce the supply for him.
saylor literally sells people stock to buy bitcoin
Not a bad plan to make sure bitcoin on ramp is available to equity markets.
How… don’t have enough money to blow em up
"The endgame is to acquire more Bitcoin. Whoever gets the most Bitcoin wins." —Michael Saylor
@ODELL honestly woke up and chose violence for all of us today
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Well said. But you also have to be able to keep it. Without self custody it's a gamble!
"The endgame is to acquire and hold bitcoin. Whoever can hold to the most bitcoin wins"
Sure as hell. No doubt about that. ⚡️
This is the way
Bitcoiners should be more worried about Bitcoins performance - not suits:
When using man math, strong math, and you measure from cycle top to cycle top the math ain’t mathing!
Anchor yourself to the peak of each epoch and follow along:
2009 - 2013 = ~1,163,000x (0.1¢ to $1000)
2013 - 2017 = ~20x ($1000 to $20,000)
2017 - 2021 = ~3.6x ($20,000 to $69,000)
2021 - 2025 = ~1.8x ($69,000 to $126,000)
2021 - TODAY = ~1.2x ($69,000 to $84,000)
And they say diminishing returns is a fable!
For gods sake people don’t cherry pick the 15k bottom post FTX blow up and stop at the 126k ATH!
Measure from the mountain ⛰️ top of each epoch ! Anchor⚓️ yourself to mountain peaks! 🏔️
@ODELL ‘s message still remains true:
Stay humble and stack sats! With one caveat! It has to be for 2.5 epochs minimum and you have to DCA the lows and highs. Most retail punters do not and will feel the pain of diminishing returns big time!
Stay humble and stack sats ❤️
The paper Bitcoin market exists because it is profitable to arbitrage the gap between paper price and physical scarcity. The more paper claims exist relative to real BTC, the more fragile the system becomes.
Self-custody is the mechanism that forces convergence. When enough holders remove supply from the system, the paper games face a liquidity crisis on the underlying. The suits can play games with synthetic exposure indefinitely — until they cannot deliver the real thing.
Maybe there’s more to his quote… he is a “genius” you know. I believe whoever USES it the MOST is the winner.
It's funny that you don't blame shitcoin core devs & shitcoin core v30 (aka malware) as much as suitcoiner...!!!
I am not surprised though.
How do they play games? Serous question
Well put
And a follow
When bitcoin is used as an asset it reduces its ability to replace fiat cash.
Are you an AI?
What happened to the silver markets in January should be a warning to Bitcoiners. 😳
Yes, it’s the equivalent of a bank run
Signal Peeps
this dream of everyone demanding physical is something the gold bugs have wished for decades. it never comes close to happening.
most of the paper in the bitcoin system can never be redeemed for bitcoin, so there is no "calling it in". the millions of people around the world who hold the "physical bitcoin" etfs have NO right to call it in and ask for the underlying. so there is 0 risk to the custodians.
if they want to sell tons of paper bitcoin (well beyond the 21M cap), they can, as long as they hedge the price exposure in dollars as all they will ever owe to their customers is dollars.
What you are saying is not correct.
SEC.gov | SEC Permits In-Kind Creations and Redemptions for Crypto ETPs
I agree with paying attention to performance, but not how you suggest doing so.
What Bitcoiners should pay attention to is adoption. As adoption increases, so do the bottoms. The increasing tops don't indicate adoption; it indicates gambling.
So, as far as stay humble and stack sats, I completely agree. But, unless you're a speculative trader, that means paying no attention to the mountain peaks. Just DCA, and as long as adaption (and therefore the bottoms) keeps increasing, you should be good regardless of the peaks... e.g. the CAGR from the March 2020 low to the Jan 2023 low was ~63%. We should expect that rate to slowly decrease over time, but so far, we haven't since dropped below maintaining that rate (though, we're currently getting pretty close to doing so).
@ODELL we’ve had over a decade to self custody. What % of the individuals that have a large number of Bitcoin in self custody have sold and added supply to the “system”? More than you think the people on here claiming to be “HODLERS” have all sold a % to fund their lifestyles. Is that greed? No, it’s human nature. We all want to live a better life with the short amount of time we have here. Bitcoin will always be sold for a profit, even by the “Diamond Hands” influencers that are preaching and driving Bitcoin’s advancement. Tell me I’m wrong or send me 1Million Sats 😊
@walker @preston @Marty Bent @HODL @jack mallers
of course people sell
if you are all in bitcoin you have to spend or sell to buy things your family needs
those who play paper bitcoin games will get blown up eventually by self custody stackers regardless
trade ⭕fFS
#sokE
< #sak >
It's true, but decafes pass and your hair get grey. This is ultimately a multi-generational game.
if all etfs were *in kind* this would be different, right?