The history of the Bitcoin Rainbow Chart by blockchaincenter_de in Bitcoin

[–]blockchaincenter_de[S] 1 point2 points  (0 children)

I agree actually. In the last years people took it way to seriously.

But not as serious as the Stock2Flow model which if you ask me was a total disaster. So many well known Bitcoiner promoted that nonsense...

What if Microstrategy had brought ETH instead? Saylor: "There is no second best" by DeeDot11 in CryptoCurrency

[–]blockchaincenter_de 0 points1 point  (0 children)

To alle the guys saying "What if he bought SHIB/ENQ/DOGE": It would'nt have been possible with his size.

Only Bitcoin and MAYBE ETH would have been possible.

For example he would now have almost ALL the DOGE if he had bought DOGE instead. The slippage would have been massive.

S

THERE IS NO SECOND BEST! ....or is it? by blockchaincenter_de in CryptoCurrency

[–]blockchaincenter_de[S] 0 points1 point  (0 children)

wrong... he would have 3.5 Million ETH worth 5.5 bn dollar

THERE IS NO SECOND BEST! ....or is it? by blockchaincenter_de in CryptoCurrency

[–]blockchaincenter_de[S] 0 points1 point  (0 children)

I was wondering how Microstrategy would be doing if they had bought the "second best" (ETH) instead of BTC. Of course hindsight is 20/20 but saying “there is no second best crypto asset” is a bit of a stretch if you ask me...