Paarslaars

There are substantially less coins than that in circulation. I believe 1M+ in Satoshi wallet, 1M+ unmined today, plenty of lost coins in wallets. And 87% of coins are currently not on an exchange so these won't move that quickly. Latest transactions are also indicating that whales are moving coins from exchanges to hard wallets. Supply is really squeezed.

Mohnish is 60, Ackman is 58. You have a strange definition of 'young'.

U.S. market closes at 10pm here and Japanese market opens and 2am. So that gives me 4 hours of sleep.

Would expect most of that to be already calculated in.

MSTR/BTC is going to be a big one. Nintendo as well with the new switch. And ow I would expect China to do good too.

Ah yes let the new cold war start!

Some more MSTR calls. Last ones I promise.

BTC has 4y cycles and each cycle it reaches ATHs. This is to be expected and is not that related to the market.

Here we go. BTC availability on exchanges has also dropped to 13%, lowest since 2018.

MSTR: 28% Nintendo: 10% BTC: 10% Cash: 10% JOE: 6% FFH: 6% BRK: 5.5% PAX: 4% CPNG: 3.5% LULU calls: 3% Bunch of call positions of roughly 1% each. (PDD, JD, BEKE, ULTA, Google, ILMN) Funny I rarely take 1% positions so most of these are because they are down substantially really need to stop taking these small gambles, they are wrecking my returns.

Yeah most likely, probably got financially ruined by it... God bless 'socialist' europe with universal healthcare I guess.

https://spectrumlocalnews.com/nys/central-ny/business/2024/12/03/china-bans-exports-to-u-s- China's firing back.

Parlement overruled Martial law 190-0. Lots of noice for nothing...

The Martial law has already been reversed in a 190-0 vote. I enjoyed Bitcoin Standard as a basic introduction to the story. If you want to get very details, Saylor has an entire course online but that gets quite heavy, still going through it myself.

Sold out of Metaplanet, 2.5x over a couple of months is fine by me. No rights offering for shareholders this time so no need to hold this.

Bit of CPNG Also some MSTR sept 500$ calls.

Just buy your weed with cash man

Good to see you coming around, looking forward to your first MSTR purchase.

Or balls to wall in leaps right Luke?

Bought some more PDD calls yesterday.

I'm much more conservative, thinking $150k-$200k. Will start reducing my exposure (now 60%) around $150k.

Leak Reveals Trump Crypto Bombshell As Bitcoin Suddenly Surges Toward $100,000 Price Crypto Czar

Yes but you don't have options on top of options. MSTR options are more interesting than IBIT options due to the volatility, I was assuming? Not an expert here, I'm not an options trader, I just sometimes buy leaps when I like a bit of leverage. I am curious to understand if the volatility that MSTR provides to the option market is an important part of its premium to NAV or not. Guess only one way to find out...

Won't that depend on the volatility? I thought the reason traders love MSTR is because it is more volatile than BTC itself.