Well, folks, it seems like Bitcoin-yes, that digital gold everyone’s been fussing over-is about to throw us another one of its famous temper tantrums. Max Keiser, the man who talks about Bitcoin like it’s his favorite cousin, has chimed in on a recent post by Pierre Rochard, a BTC maximalist who claims Bitcoin’s four-year cycles are as dead as Mark Twain’s famously misreported demise. 🪦
Rochard, with all the confidence of a riverboat gambler, says 95% of Bitcoin’s already been mined, halvings don’t matter anymore (tell that to the miners!), and new money flows into the market only when the “OGs” start dumping their coins. Now, the demand is apparently driven by “spot retail, ETPs getting cozy on wealth platforms, and treasury companies.” Fancy words for saying, “We’re all just along for the ride, folks!” 🎢
Keiser, who’s currently advising El Salvador’s BTC-loving president Bukele (a job I imagine comes with both headaches and high fives), predicts a major price correction. And what’s the culprit this time? The leveraged derivatives market. Oh yes, that shadowy corner of finance where bets are placed faster than you can say “Mississippi Riverboat.” Keiser quipped:
The Bitcoin-related, leveraged derivatives market is expanding Pari-Passu, and this is where the next big correction might spring from.
– Max Bitcoin (@maxkeiser) August 11, 2025
Ah, deja vu! X user Sergio Bermudez pointed out that we’ve seen this movie before-in 2021, when $10 billion worth of leveraged Bitcoin positions vanished quicker than a plate of hot biscuits at a Sunday picnic. Currently, Bitcoin is trading at $120,726 after recovering almost 1% today. But let’s not forget, just this past Sunday, BTC took a little tumble of 2.21%, dropping from $122,300 to $119,590 per coin. You could practically hear the collective gasp from crypto enthusiasts worldwide. 😅
Meanwhile, Michael Saylor’s Strategy company is still hoarding Bitcoin like it’s canned peaches during a Great Depression flashback. This time, they bought a modest 155 Bitcoins for roughly $18 million. Modest, I say, because compared to their previous multibillion-dollar shopping sprees, this is like buying a single gumball from a candy store. 🍬
Strategy has acquired 155 BTC for ~$18.0 million at ~$116,401 per bitcoin and has achieved BTC Yield of 25.0% YTD 2025. As of 8/10/2025, we hodl 628,946 $BTC acquired for ~$46.09 billion at ~$73,288 per bitcoin. $MSTR $STRC $STRK $STRF $STRD
– Michael Saylor (@saylor) August 11, 2025
Now, hold onto your suspenders, because Strategy now holds a whopping 628,946 BTC, valued at $75,748,809,664. That’s enough to make even the richest robber baron blush. 🤑 So while some folks are predicting doom and gloom, others are doubling down, proving once again that Bitcoin is either the future or the biggest game of poker we’ve ever seen. Place your bets, ladies and gentlemen-it’s going to be a bumpy ride! 🎲
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2025-08-11 20:21