In 2017, during the peak, Bitcoin’s price was about 4–5 times higher than the 200-day moving average. ​In April 2021, it was over 3 times higher. ​Today, price is only about 18% above the 200-day moving average. The potential for more upside in this cycle lean favorably.

The title below 80% are millionaires ... but it goes deeper. Roughly 50% of Nvidia, $NVDA, employees are now worth over $25 million. The AI revolution is producing unprecedented wealth. The fun news, it only just started.

Saylor buys again. Results will post Monday morning.

Meet the new interim head of the WEF. According to Grok, Larry Fink has not been made the head of the World Economic Forum. He’s been appointed as an interim co-chair of the WEF’s board, alongside André Hoffmann, as of August fifteenth, twenty twenty-five. This followed an investigation that cleared WEF founder Klaus Schwab of misconduct, with Fink and Hoffmann stepping in to lead during a transitional period.

Even though bitcoin hit new all-time highs this week, its dominance has been on the decline since peaking at over 70%. Ethereum has sprung to life after bottoming against BTC (ETHBTC) in early May. This dynamic happens in every crypto cycle though, where bitcoin sheds dominance but continues to go up in price. Historically, bitcoin’s price and the cycle have peaked when bitcoin’s dominance is around 40%. Given that we are still at 60%, it still seems like a ways to go for bitcoin and the cycle.  Source: NYDIG Research

Incoming controversial comment: Big wins take time — Legendary investors understand that compounding needs space to work its magic. Eg me Hodling TSLA and BTC since 2017 have generated extraordinary returns. Tesla up 28x and BTC up 20x - Yup, Tesla has performed better than BTC since then and it will continue to do that at an even more accelerated pace between now and at least 2023. Tesla is the best AI investment on the planet. They are the number 1 AI company available to the public. In time, over the next 5 to 10 years, AI and Bitcoin are going to converge and reach necessary parity. Until then, I will continue to sweep some cream of the top of my exponential gains (the biggest by far are yet to come) in Tesla into Bitcoin, and eventually be 1:1 in each.

There are way more sellers than buyers which means the sellers are getting desperate, which means you can place low ball bids on places and odds are you will get a fill. I would only be looking at real estate if I was looking for a home to buy and live in. Otherwise, ₿uy ₿itcoin.

August is always a down month under these charted conditions.

The way to visualize Tesla S curves. Some S-Curve revolutions pass us by. I wont let this one.

MicroStrategy does a 46,000% earnings.