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TEXXR

Chronicles

The story behind the story

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Bitcoin is on track for its worst quarter since Q3 2011, dropping 56%, after falling as much as 4.4% to just above $19K on Thursday

Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment.

Bloomberg Joanna Ossinger

Discussion

  • @saylor Michael Saylor on x
    MicroStrategy has purchased an additional 480 bitcoins for ~$10.0 million at an average price of ~$20,817 per #bitcoin. As of 6/28/22 @MicroStrategy holds ~129,699 bitcoins acquired for ~$3.98 billion at an average price of ~$30,664 per bitcoin. $MSTR https://www.microstrategy.co…
  • @cz_binance @cz_binance on x
    Many may laugh at him now, but Saylor will get the last laugh in time. Bookmark this tweet. https://twitter.com/...
  • @ercwl Erica Wall on x
    An article about @saylor from 2000 that I had not read before (admittedly, I was 8 years old). https://twitter.com/... https://twitter.com/...
  • @grady_booch Grady Booch on x
    So, having bought ~130k coins at an average price of $30k, you've lost about $1.6 billion. Thoughts and prayers, Michael. Thought and prayers. https://twitter.com/... https://twitter.com/...
  • @cryptontez Nico on x
    I don't always agree with CZ, but Saylor will win just as anyone else who bets on the strongest money ever built. https://twitter.com/...
  • @cz_binance @cz_binance on x
    @juthica Huge difference though. No leverage, they can last a long time, till the next bull market.
  • @juthica @juthica on x
    microstrategy is what 3ac looks like with less leverage and less defi
  • @udiwertheimer @udiwertheimer on x
    pretty sure we'll be hearing soon that microstrategy acquired some BTC at $22,000
  • @hasufl @hasufl on x
    bitcoin maximalism is —and has always been— an autoimmune disorder eating away at the host.
  • @fomocapdao @fomocapdao on x
    30k avg https://twitter.com/...
  • @bigcheds @bigcheds on x
    “Cut your losers, add to your winners and the rest is history.” $BTC https://twitter.com/...
  • @ftx_access @ftx_access on x
    Here he is https://twitter.com/...
  • @digitalassetbuy @digitalassetbuy on x
    It's the only way. He has no choice at this point. He will be a hero or a zero. There's no in-between. https://twitter.com/...
  • @bitcoinbirch Birch on x
    This is the mathematical equivalent of dollar-cost averaging $25 into your $10,000 portfolio Probably, and quite literally, nothing. https://twitter.com/...
  • @stephanlivera Stephan Livera on x
    He said he'd keep buying, and he is doing it. Regular bitcoin accumulation for the long term is the way. https://twitter.com/...
  • @followtheh Tom Hearden on x
    when u add .0037 to your stack and tweet about https://twitter.com/...