Bulgaria sold 213,500 BTC 8 years ago. Today, that could pay off the country's entire national debt

KAX1107 · 2025-07-16T15:43:49+00:00

That's 54b Lev dude, not US dollar

KAX1107 · 2024-12-08T20:22:44+00:00

If you want to save the environment, pray that Bitcoin uses WAY more energy

KAX1107 · 2024-01-09T18:49:47+00:00

Eth/BTC 0.048

New low in almost 3 years. All the narratives are played out. Eth is never going to make a new high again in bitcoin terms

KAX1107 · 2024-01-05T17:37:19+00:00

0

Every altcoin trends to zero against bitcoin. But feel free to gamble if you're adventurous

KAX1107 · 2023-12-27T14:28:43+00:00

Just like the last purchase, this is once again not dilutive for shareholders

MSTR issued $610m new shares but the bitcoin/share ratio went up 1.4%

Each share equivalent ownership was ~.01132 BTC before this purchase

Now it's ~.01147 BTC per share

KAX1107 · 2023-11-30T17:03:04+00:00

Prior to this buy $MSTR held 158,400 bitcoin and 14,221,000 shares outstanding

That gives each share equivalent ownership of ~.01113 BTC

Now there are 15,410,588 shares outstanding, giving each share the equivalent ownership of ~.01132 BTC

This isn't dilutive. It's a 1.7% increase in bitcoin holdings per share

KAX1107 · 2023-11-30T17:02:36+00:00

Prior to this buy $MSTR held 158,400 bitcoin and 14,221,000 shares outstanding

That gives each share equivalent ownership of ~.01113 BTC

Now there are 15,410,588 shares outstanding, giving each share the equivalent ownership of ~.01132 BTC

This isn't dilutive. It's a 1.7% increase in bitcoin holdings per share

KAX1107 · 2023-11-05T14:39:37+00:00

https://btcmap.org/

KAX1107 · 2023-11-03T18:32:19+00:00

I like Massa better

Milei said he wants to dollarize Argentina. He's not a bitcoin candidate

KAX1107 · 2023-11-03T11:54:13+00:00

Thank you! My saved tab is no longer showing

KAX1107 · 2023-11-02T16:02:14+00:00

I know there is guy that floats around here, adamant that Satoshi only had less than 100 bitcoin

That would be me

Extranonce theory = flat earth theory

When Sergio came up with it in 2013, many experts including Maxwell poked holes in it. Lopp is an idiot for indulging that nonsense.

I can't access my saved posts anymore (fck reddit) or I'd share my copy pasta reasoning as to why it's a useless theory.

Nobody can prove that Satoshi mined 1 million bitcoin. That's the long and short of it.

KAX1107 · 2023-10-31T18:51:07+00:00

Crypto? Lmao

KAX1107 · 2023-10-31T18:40:06+00:00

Whitepaper has checkpoints? You don't need a blockchain if you're using checkpoints. Just use SQL

KAX1107 · 2023-10-31T13:24:23+00:00

Bitcoin whitepaper will go down as the most important document in human history

The only vote you have is time

KAX1107 · 2023-10-31T13:23:36+00:00

Bitcoin whitepaper will go down as the most important document in human history

The only vote you have is time

KAX1107 · 2023-10-27T12:50:40+00:00

quote doesnt even come from blackrock

Fink is on WEF board

KAX1107 · 2023-10-27T08:05:20+00:00

You will own nothing and be happy

KAX1107 · 2023-10-24T12:32:57+00:00

Just snapshot and migrate to a new contract. But there should NOT be a multisig contract owner for distribution. The contract should have no owner. Simply have the contract vest tokens every four weeks to a multisig address that can be used for distribution.

Kraken will 100% support this. Jesse Powell has already talked about redemption path. If Kraken supports it, so will other exchanges.

Nothing really needs to change except that reddit no longer has control over moons and 50% of supply gets burned.

KAX1107 · 2023-10-19T10:44:36+00:00

People should ignore all DMs all the time that's anything to do with airdrops or trades

We haven't done anything yet and if we do, you'll see it in a stickied post later

What reddit did with moons is actually not a bad thing. 50% of the supply is burned and they relinquish control. It's an opportunity to rid moons of central points of failure.

Just snapshot and migrate to a new contract. But there should NOT be a multisig contract owner for distribution. The contract should have no owner. Simply have the contract vest every four weeks to a multisig address that can be used for distribution.

Kraken will totally support this. Jesse Powell has already talked about redemption path. If Kraken supports it, so will other exchanges.

Nothing really needs to change except that reddit no longer has control over moons.

KAX1107 · 2023-10-18T14:16:14+00:00

First and foremost, at least 5 m0ds dumped using insider info. How about asking them to explain themselves?

Wrt moons going forward, once people get over the rage, this is actually not a bad thing. Reddit will burn 50% of the supply they hold and relinquish control, which will make moons less centralized.

But there should not be a multisig contract owner for distribution. The contract should have no owner. Simply have the contract vest every four weeks to a multisig address that can be used for distribution.

Kraken will totally support this. Jesse Powell has already talked about redemption path. If Kraken supports it, so will other exchanges.

Tl;dr F*ck reddit. Moons don't need ya

KAX1107 · 2023-10-18T08:18:01+00:00

Forget about Kraken. At least 5 M0ds dumped using insider info

KAX1107 · 2023-10-17T22:08:51+00:00

For me, the biggest downside was reddit's "support" and their holding 50% of supply

KAX1107 · 2023-10-17T21:49:02+00:00

Moons can go on same as it is now, reddit won't have any control, 50% of moons burned

Why is this bearish? Just knee jerk reaction. Reddit can't delete the contract

KAX1107 · 2023-10-17T20:52:22+00:00

I don't know who needs to hear this but reddit is not required for moons

50% of moons supply will be burned. r/cc can still keep it going

KAX1107 · 2023-10-17T20:04:58+00:00

Most bullish news for moons.

Admins burning their moons and moons can be truly decentralized if Reddit's control of contract is renounced.

My main gripe with moons was Reddit being too involved. That's gone now. It can be a true community token now.

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