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Tim Bray
Tim Bray
@timbray@cosocial.ca  ·  activity timestamp 3 weeks ago

Yawn, another Btc-down-5% day. For those who watch this space closely, the spot price is regularly drifting down below the average price of the Btc in the MicroStrategy treasury. There’s a certain smell in the air…

#bitcoin

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Todd Knarr
Todd Knarr
@tknarr@mstdn.social  ·  activity timestamp 3 weeks ago

@timbray It's the smell of HODLers looking for an exit plan and not finding one. The only thing driving Btc prices was demand, and with that drying up there's no floor.

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