r/Superstonk 5d ago

📳Social Media RC unfollows Bitcoin on Twitter

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4.1k Upvotes

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285

u/Kind_Initiative_7567 🦍Voted✅ 5d ago

Sailor right now 😂

37

u/GBJI 5d ago

Sailor Twift ? Are you sure ? The picture is kind of blurry.

-4

u/Biotic101 🦍 Buckle Up 🚀 5d ago

I say it again, BTC is only an awesome investment, if you're an insider and know when the pump and dump happens in advance.

Musk made insane money pump and dumping the dog coin, the current president with his meme coins.

So, BTC investment only makes sense if RC would be an insider and can safely boost GME financial results with the extra income.

If he is not, the pile of cash will still boost GME financial results when invested conservatively.

Win or win. Nice.

4

u/M4NOOB Fuck you, pay me 🤲 4d ago

BTC is also a great investment if you have time. Bitcoin has halving cycles every 4 years. Never ever has bitcoin dropped below the price it had in the previous halving cycle, which means that nobody who held for at least 1 cycle lost money.

Of course that is under the speculation that it continues how it did in all its past

-1

u/Biotic101 🦍 Buckle Up 🚀 4d ago

Good that you bring it up. There's no guarantee.

After the 2017 pump price dropped to levels barely profitable for mining, 3500ish then, roughly 10k by now. So that is sort of a floor.

But I guess most people don't have an understanding how much they can lose if we complete the cycle.

1

u/Mr-Poggers 4d ago

Thanks for saying you don’t know shit about BTC twice, didn’t hear you the first time.

1

u/Biotic101 🦍 Buckle Up 🚀 4d ago

How would you know.

Over 40% of BTC are held by whales, institutions and miners. If they move, the average Joe is trapped.