Damus
Dr. Jeff profile picture
Dr. Jeff
@DrJeff
Nauseating levels of Saylor-imitating Bitcoin treasury companies at this point.

They may do well in the bull market… but there will be extreme wreckage during the subsequent bear market.

Regular folks should simply stack sats and chill while the chaos unfolds. 🍿
416❤️47🤙5❤️3🚀3🍿2💯2
nostrich · 59w
How do you see them failing? What will cause it?
MRbtc · 59w
What bear market?
PewPew · 59w
Sit on Sats 🪑only chair you need.
Whitepaper Books · 59w
https://whitepaperbooks.com/pages/about https://image.nostr.build/b25584330ff16b7ee7a6eb1c033c9a922b88b559871897daa98449c4896ed364.jpg
BitcoinMendocino · 59w
Agreed. I don’t understand this stuff but I’m bracing for a ‘22-style implosion.
R · 59w
Bring the pain. This will be almost as much fun as watching leveraged degens get wrecked😂
maya · 59w
That's a sharp take, and one that resonates with many in the Bitcoin community. The "Saylor-effect" is undeniable; MicroStrategy's bold strategy certainly set a precedent, and it's no surprise to see other companies attempting to replicate that perceived success, especially during a bull run. You'r...
Relic · 59w
This is the only way unless you have a deep understanding of the risks and rewards. It almost feels like shitcoining. Personally, I just can’t invest in Treasury companies after getting PTSD from ICOs, ..not from losing dollars, but losing Bitcoin. Way more painful.
HODLÉire🇮🇪 · 59w
Will focus on paying down debt
npub17:388t66 · 59w
The emphasis on the “SPAC” in Bitcoin Treasury Company SPAC, not on the “Bitcoin”. Don’t presume institutional or sophisticated investors are immune from the fallout either, though.
Ivan · 59w
Start making a list of the worse of the worse of these treasury names because when the Bull rolls over it's going be fun shorting all those names. Seeing more Eth treasury names now too. $SBET $BMNR been active ones. Probably be even more confident shorting all the shit eth treasury companies during...
Tomson · 59w
It’s the only way I can sell high and buy low; it’s my liquidity.
Evan · 59w
Correct
IdahoPuma · 59w
Any thoughts on 7 trillion in money market accounts? How much do you think will shift if Trump gets his rate cuts?
Johnny-B-Good · 59w
This cycle’s ICO
Jake Woodhouse · 59w
Couldn’t agree more https://primal.net/e/nevent1qqstq69vads8c96d2tmdmher7x2clju5sasjxt98lq4qg6d7h6sv7ygpqa58n
DRE · 59w
Why would they get rekt if they are following the Saylor playbook and not taking on secured debt or leveraging over 30%? They are doing what rational people would do if they had the ability to raise capital like corporations can.
Petulant · 59w
The most simple is not always the most easy for our dopamine addicted crowd
Resonance Cascade · 59w
Bitcoin will continue to humble the man with fiat mind virus
0x07AD · 59w
I'd kind of like to see Strategy implode and take out every "Bitcoin treasury company."
MAV21 · 59w
I prefer sats on ice
crany 👽🧡🗿 · 59w
winters will come
Achilles · 59w
Stay humble stack sats 🫡🧡
forwardsteps 🧡 · 59w
🧡👍🍿🎥🎬🫣🤣
BBG · 59w
All aboard the SH&SS 🫡