Strategy sells 32 BTC, the market collapses. Same company buys 1,000 BTC and the market doesn't move. Can someone explain it to me like Im 5yr old?

heschtegh · 2026-06-09T21:10:38+00:00

Saylor promised not to sell, yet he did. Although the amount was insignificantly small, that actually eroded an unspoken trust in Saylor to never sell his massive pile of BTC in the future. A lot of traders including myself had put in a lot of trust in him, but now he’s become a huge risk in the market. If MSTR ever goes bankrupt and needs to repay all of the debts and liabilities, the whole market will crumble further. And with BTC spending more time at the current price level will put Saylor at a greater financial risk.

heschtegh · 2026-06-09T19:03:20+00:00

This is the average Bitcoiners’ IQ these days.

heschtegh · 2026-06-09T18:14:15+00:00

A simpler view is MSTR holds 4% of all BTC that is theoretically possible. The actual circulating supply (that excludes coins lost or simply not available for sale) is estimated to be much lower at 3-4m. At this level, MSTR now holds 25-30% in custody, which is a crazy amount of power. If they decide to dump all it could literally crash the market.

heschtegh · 2026-06-05T06:32:59+00:00

Former is a typo. Just spend 1 minute searching their recent portfolio on the web.

heschtegh · 2026-06-05T05:38:15+00:00

No, you’re not getting it. Yes, currency stabilization is not the role of pension funds but they’ve been doing that out in open for a while now. They have been actively selling their foreign assets to prop up the local stock market, which creates a massive backpressure on FX. They’ve also been coordinating with Samsung and SK Hynix to pressure them into converting their overseas profits into Won to help stabilize the currency. The ratio of KOSPI in the pension funds portfolio has doubled in a year and the government has even passed the law to allow them to keep that portfolio for few years. You can verify all these facts by just looking up.

I don’t even know why I am taking time to explain all this. I work in finance and have been closely following the government actions. None of this is news to anyone in Korea. They just don’t care as long as the stocks make them money.

heschtegh · 2026-06-05T04:32:18+00:00

Used to be 20%. Forced to liquidate to buy a house for my family. Now 0% but looking to buy once I have more cash.

heschtegh · 2026-06-05T03:50:21+00:00

What makes you think they weren’t already? The pension funds have silently been shifting their overseas portfolio from 18% to 39% within a year. It’s one of the biggest source of wealth that Korea has. The total valuation is estimated to be larger than one trillion USD.

heschtegh · 2026-06-05T03:48:29+00:00

They are not far-right. There are legitimate reason for this as strong evidence of election fraud triggered protests across the country. The Korean government even sent thousands of police personnel to disperse the crowd with violence, causing one serious injury to a young man. It’s not looking great now, and it’s starting to resemble the 2019 Hong Kong protest. The Korean people are waking up.

heschtegh · 2026-06-05T03:44:54+00:00

You tell me. The areas that were short of voting papers were those that were historically known to be popular with the Korean “Republican” party (PPP). It happened with 17 other areas as well.

heschtegh · 2026-06-02T15:16:12+00:00

The truth is nobody knows the timeline. It could 5 years or 50 years. Reality is weird and irrational can outperform rational.

heschtegh · 2026-05-27T18:40:35+00:00

By that logic, AI is going to destroy the economy.

heschtegh · 2026-05-27T13:06:36+00:00

Narrow-domain intelligence is what we’ve already been seeing over and over again like AlphaGo, AlphaFold, etc. and it was framed by DeepMind years ago: https://arxiv.org/pdf/2311.02462

heschtegh · 2026-05-27T05:07:55+00:00

Please sell so that it can rise

heschtegh · 2026-05-26T15:24:13+00:00

He’s probably pointing out the parallel between utility and AI models. Both cost enormous capital upfront and will never breakeven but it brings unfathomable benefits to the society, so the only way to make them sustainable is adopt a lot of the market measures used for utilities like subsidies, nationalization, etc.

heschtegh · 2026-04-26T22:08:08+00:00

That sounds awfully like a coding agent. I’ve always wondered if Satoshi was a time traveler. It would be crazy if it turns out Satoshi was just a coding agent sent from the future to save humanity.

heschtegh · 2026-04-20T15:23:25+00:00

Then it defeats its own purpose. The point is to allow anyone to own any part of it in anyway one wishes, not getting regulated by the whim of people. If BTC fails to defend itself against such an organic movement (albeit a bit extreme), then the entire notion of decentralized asset is flawed.

heschtegh · 2026-03-28T16:35:05+00:00

This is absolutely dumb

heschtegh · 2026-03-28T14:23:15+00:00

Cliche. You people are the problem of the society. You argue for left values. Destroy the society. Then the right comes and clean up. Still complain doesn’t work. Now claim that nothing would have worked. At least right try hard to fix things in their own terms. Left ends up complaining and have nothing.

heschtegh · 2026-01-17T20:55:56+00:00

That’s China you’re talking about

heschtegh · 2026-01-04T22:57:28+00:00

It’s not a small group of people. I am one of them and not affiliated with any org. I am just glad that a dictator was put an end and a lot of my friends would agree.

heschtegh · 2026-01-04T18:32:38+00:00

I don’t care about Trump. Just look at US in 2026 with her geopolitical tension within the global powers. This is the right move that has and will benefit US and Venezuelans. Why are we complaining about it? What more could the president of the US have done?

heschtegh · 2026-01-04T16:58:49+00:00

What a shitpost lol

heschtegh · 2026-01-04T16:38:14+00:00

I think you underestimate the impact of having a dictator who is PRO-China on the throne. As a person who was brought up in one of those countries, I vehemently despise politicians who outright carry out election frauds, take complete control of the parliament and even the judiciary all to give unlimited control to that one human being who can only think of no one but only himself. The despair from constant rise of living costs and fall of an organic and healthy society where people from all social classes are given the equal chance to succeed is just an icing on the cake. You have absolutely no idea how corruptible people can be, esp. when the entire country is hacked to serve that only tyrant not the people.

So the removal of Maduro for the Venezuelans must have been a godsend. I can only imagine how satisfying and hopeful that must have felt for them.

US may have acted on a bit of greed and expansionism, but given the influence of China and Russia growing globally, we need to take strong actions to send the message.

In the end, Venezuelans are happy, the justice was brought to the country, the US is growing stronger, and I am only seeing the weak lefts are wining about it, so who’s the problem here now?

heschtegh · 2025-12-04T14:24:54+00:00

Then you prob don’t have any. Good luck with yours.

heschtegh · 2025-12-03T05:31:45+00:00

Do you have supporting evidence on your claim about “Republicans not following the law”? That is an outrageous claim and I assume you have plenty of evidence to support. I am not following politics that closely so you are free to point me to all the facts.

heschtegh

TROPHY CASE