If you're wondering what would've happened if it was between 30k and 15k we wrote down our bets on a piece of paper and gave it to a third coworker to hold. We agreed that if it was in-between the third guy would get the beer of his choice.
Don't get me wrong, Michael Saylor and his company are the best thing to happen to Bitcoin in a long time. They did what those like myself who've been in this space for nearly a decade now did not expect to happen for at least another 5 years at best. Specifically, making Bitcoin their main treasury reserve asset. This is going to lead an example that will encourage other businesses to do the same. This is good for Bitcoin, but for all the little guys hype buying everything else right now but Bitcoin? It's very bad for them. They will miss the boat having sunk their fortunes into everything else they could have, while the largest rocket ship of their lifetime was just fueling up to take off.
I know those of you who have been here as long as me often think "Screw the idiots then if they're too dumb to buy Bitcoin at these prices", or "People pay the price they deserve". But we came to Bitcoin because we know it is a better financial system, and people need it so they can escape the shitty financial systems we all ran away from. I know many of you old dogs like me want these dips to last as long as they possibly can, especially now that we can see that the institutional adoption road is finally being built, and that having the little guys ignore it for everything else is the best thing to keep this dip going as long as it can. I contemplated making this post myself. You think I want the price to run away? Hell no. I'm throwing in almost 50k a month from rental properties my earlier Bitcoin's bought me throughout the years. But we came in here because we know it's the better money, and we know we need to get the little guys in as much as we can while it's still cheap. And this whole reddit financial momentum is just the thing to bring the masses in.
For those who don't know, MicroStrategy is hosting a summit next week for institutional investors to learn about Bitcoin. Most old dogs in here already know what is going to happen. We've been keeping our mouths shut so we can buy this cheap Bitcoin longer. But most people out there aren't getting it. They're getting all the other reddit hype buys, ignoring where the big institutional money is going, and has been going for some time now. What will most likely happen if most people keep ignoring Bitcoin is that institutional guys will keep buying into Bitcoin more than they are in any other sectors, while integrating it into their businesses to inherit it's value, and add usage value to it at the same time. A
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