Damus
Carl B Menger profile picture
Carl B Menger
@CarlBMenger
SAYLOR and Menger are stacking BILLIONS in #Bitcoin without moving the price, but some grandma in China sells a single sat and we dump 10%.

What the hell is going on?
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dltr · 50w
To move the price they need to remove the BTC from circulation, putting in cold storage. Paper BTC can have any price the exchange wants, since is just a number in a SQL database.
B1tR0y · 50w
Bro, why would you believe that they're doing so without them sharing their L1 #bitcoin addresses to confirm their holdings? IMO any company, firm or government who claims to be buying #btc should be obligated to do so. Otherwise they should be presumed to hold at best paper #btc and worse nothing a...
OriginalSize · 50w
The final boss of scams is legacy-finance fractional-reserve Bitcoin.
ryanjordan · 50w
Paper bitcoin…it’s a hell of a drug