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So what is this "plan" of these Saylor and price people?
Wait for it to go up and then... sell for what? Dollars?
It has been going up, it has been virtually on a bull run since like late 2022. They could sell now, and be "in profit". Why don't they?
And after all, what "price" are they looking for? If Bitcoin is 200k USD per Bitcoin... is that enough for them to sell? That's less than 2x of today's exchange rate. So what difference does it make?
If these people self custody (they do I assume) and run a node (they should) isn't it a huge hassle to move Bitcoin to an exchange? Address verification, confirmations, Cap Gain taxes on a registered exchange, the paperwork, security etc etc
There are a lot of moving parts. It just seems like 'the price' is a silly thing to worry about.
Sell? sell for what?!
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50 sats \ 0 replies \ @optimism 1h
sell for what?!
Hookers & powder, duh. Good news tho: one doesn't need to go through a KYC exchange for these deals - providers of these often accept sats and if not, they're easy to orange pill.
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