OT: Stock and Investment Thread
- Thread starter RU05
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Saylor says he owns Manhattan real estate circa 1900. He knows darn well he’s full of ish.
I have no idea why, but MSTR was up 4.5% on Friday while BTC was crashing. Very weird.
In 1998, he predicted a day when “everybody on the planet lives every hour of every day dependent upon our (Microstrategy) technology”
I take his comments with a grain of salt.
Very convincing chart and it’s quite possible we could see a similar pattern this time around.
Are you concerned that the “standard whales” 1,000 - 10,000 bitcoin owners ($77,000,000 to $7,700,000,000) are net sellers during this downdraft. Shouldn’t they just wait for the historical pattern to continue?
I said it before here, something broke on October 10th, we still don’t know what. That’s the bigger concern and maybe why they are net sellers
Honestly, I think October 10th (which is clear what happened) actually did more damage than just the liquidity crash. I think it broke everyone's spirit and confirmed to many that the 4-year cycle still rules the day. Okay, here comes the bear market. It's seems to be a self-fulfilling prophecy now.
This means: BUY more BTC when it hits the 200wMA.
Don’t worry BMNR will be well positioned once it buys PewDiePie to go along with Mr. beast.
$45 million in Beast’s Series A is now worth $450 million. Where can one buy PewDiePie shares?
This is the best explanation of how BTC dumping impacts MSTR.
+1
I read something like this a few day ago. I don't fully understand MSTR, but this "underwater" myth about selling is nonsense.
Even though he’s not buying on margin, the stock is 67% off its high and its investors are getting their faces ripped off. If Bitcoin stays at its current price until 9:30 tomorrow, it’s going to be down another 10+%.
I’ve only owned bitcoin for a little over 2 years and I’m still up 58%. Strategy has been buying for six years starting with purchases in the teens, and somehow its holdings are in a loss position. He has made terrible decisions to continually buy high, especially when bitcoin starts to drop from various peaks, versus being patient.
Why not just buy bitcoin, versus buying Strategy and be stuck with Saylor’s incredibly poor timing?
I’ve only owned bitcoin for a little over 2 years and I’m still up 58%. Strategy has been buying for six years starting with purchases in the teens, and somehow its holdings are in a loss position. He has made terrible decisions to continually buy high, especially when bitcoin starts to drop from various peaks, versus being patient.
Why not just buy bitcoin, versus buying Strategy and be stuck with Saylor’s incredibly poor timing?
Chamath is one of the greatest snake oil salesmen of our time. Let’s see where Mr. beast industries is in 5-10 years. Maintaining relevancy in social media and Hollywood is extremely difficult. BMNR was supposed to be a ETH treasury company I’m sure class action lawyers are drooling.
MSTR was a great way to get BTC leverage (just like miners).....until IBIT options came out. Now, I don't know what MSTR's value prop is.