Is this thing going to be FTX 2.0? I cant understand how the stock offers a better yield than bitcoin. All they have is bitcoin in their books!
>>59254854>FTX 2.0are you retarded or just indian?
Saylor got Blackrock onto his ponzi scheme, he's playing chicken with the whole systemIt won't be FTX if it goes down, too many people will be screaming for blood, it will cripple bitcoin and cryptoMaybe that's the goal
>>59254854WTF IS THIS?? LINE GO UP AND I DIDNT BUY SO I HATE IT!!! FUUDDD!! i bet you have a micro dick. dont buy the stock you fucktarded bastard bitch banchod
>>59254909>Maybe that's the goalI dont know but yes its destroying bitcoin. Bitcoin was ment as the opposite of holding a stock that centralized and leveraged holds bitcoin
>>59254854because the BTC/share keeps increasing it's a pyramid scheme that only crashes when :>they stop getting cheap loans >saylor dies, their btc gets stolen, meteor strike,nuclear war>BTCUSD goes to 0>regulatory bodies stop MSTR's strategy>someone gets caught stealing the money (FTX style) >BTCUSD goes to infinity, value of a quadrillion USD bill equals a piece of toilet paper of the same size IMO the last 3 are the most likely. if MSTR is does not get blown up with regulation or fraud they will drive BTCUSD to infinity and then theyll just pivor to being the 21st century blackrock/vanguard >>59255005all bitcoin was meant to be is permissionless,unprintable money and its serving it's purpose
>>59255063BTC is a none productive asset and has no intrinsic value, Lets say Saylor takes out loans and buys the entire float. Suddenly everyone loses interest in owning it, or no one can afford it, no buyers. The price is 0, or functionally whatever the next buyer is willing to pay. The silly game of musical chairs ends.
>>59254891retarded, not indian thank god
>>59255100Checked, this is what worries me. That this whole Mstr thing seems unsustainable and very likely to crash, dragging the crypto market down. I wish i could understand the math of it.
>>59254854Microstrategy is a company and they have an enterprise value. Calling microstrategy a ponzi is ridiculous because that would be essentially calling any person who uses debt a ponzi artist, which has no basis in reality. However i do believe that if Saylor continues to stack bitcoin at the tremendous pace he is, at some point microstrategy stops being a company and they become an institution
>>59255170oklet me try to explainif a company buys dollars to keep it on its balance sheet, there's no creditor to that, it's just cash they don't owe any bitcoin to anyonedo you understand?
>>59255100>musical chairsagain, cash has no creditor/debtor relationship you fucking ape retard he can buy a trillion yen and sell it, doesn't do anything other than move its price, Japan doesn't implode because someone has a yen cash balancewhy is it so hard for you fiatcel niggers to understand lmfao
>>59254854I dunno I can’t fathom this shit but I do have 36 shares
>>59255100gold isnt a productive asset, USD isnt a productive assetmost stocks arent 'productive assets' if you dont own 51% of the company's stock. most realestate isnt productive.BTC is just a better version of what USD used to do.and no no one's gonna lose interest if MSTR grows if anything it's gonna be the opposite. every USD that touches MSTR puts buying pressure on BTC and increases BTCUSD making BTC more sought after.
>>59255233I hope you’re right. My intuition makes me believe that saylor realizes he’s cornered the fiat system. Even Peter schiff looks like he doesn’t believe his own shilling on his podcasts. I assume he’s gotten dozens of extremely angry phone calls from clients who want their money back As long as people believe something has value, wallah. Whether it’s gold, dollars, or bitcoin
>>59254854100%
>>59255100Who gave an abo access to the internet?
>>59254854> le casual private company has been buying infinite amounts of bitcoin without the slightest opposition from ((them))> strategic bitcoin reserve makes it to the public discourse> you're now late to front-run themCan you see the glow now?
>>59254854I am confused too. The only thing that makes sense to me is that they will be holding crypto for big corporations.
its just fucking noise. bitcoin is the signal. everyone wants money and there are always new saylors in future if this goies bust
The only thing I'm going to say is that a month ago I thought it would top out around 700 bucks at BTC 185k (The logical top) and my expectations got fucked + I missed a lot of potential gains selling early.Most likely MSTR will go to 1500 if bitcoin goes to 185k because of bulls pushing it up 2.3x as fast as bitcoin goes. You can take that as you will.
1999-2000: MicroStrategy’s a rising star in data analytics. Stock goes parabolic. CEO Michael Saylor becomes a billionaire overnight. Then... reality check. They announce revenue restatements. Investors see the scam, stock crashes over 99%. One of the biggest busts of the dot-com era. Fast forward 20 years. MicroStrategy's still around, low-key, doing okay. But Saylor's got a new obsession: Bitcoin. Starts stacking BTC like his life depends on it. Corporate treasury? Converts it to Bitcoin. Takes out loans? Buys Bitcoin. Sells more stock? You guessed it: Bitcoin. Calls it "digital gold." Talks like he’s figured out the cheat code for infinite wealth. BTC hits $69K, and he’s hailed as a genius. But wait... look at the numbers. MicroStrategy’s balance sheet? It’s basically a leveraged BTC ETF now. Stock price? Tracks Bitcoin, not the business. If BTC drops below their average buy price, margin calls start knocking. Debt payments looming. This isn’t diversification, it’s degeneracy. Remember 2000: Dot-com bubble bursts. Everyone thought they’d be rich forever. Saylor lost billions, MicroStrategy almost went under. Now he’s doing the same thing—different asset. What happens when the next bear market hits? BTC goes $20K, $15K… Saylor forced to sell at a loss. Stock collapses. Investors left holding the bag. MicroStrategy becomes a cautionary tale twice. TL;DR: Michael Saylor didn’t learn his lesson from the dot-com crash. Now he’s betting the farm on Bitcoin. History doesn’t repeat, but it rhymes.
>>59256042retard alertthey have convertible bonds with 0% interest that can't do anything for years, there is no margin call. He can't be forced to sell lol. Also BTC is never going below 60k again.
1 trillion MC today
>>59255233spot on. when people say "bitcoin doesn't make bread lol" it just shows they don't understand how money works
Just want to let everyone know I've bought in. Expect a catastrophic dump we will never recover from.
>>59256059he doesn't know what bonds are broyou're asking too much of the fiatcel brain
>>59256059The ponzi stops when people stop bidding his stock at 4x NAV, not when he has to repay his loans. His company makes 100m (and declining) in net income with a 120 billion market cap.The only “yield” his Bitcoin offers is through stock dilution, which works fine when there is an unlimited bid. Doesn’t when people start to smell the shit.
>>59254854>Is this thing going to be FTX 2.0?You tried this thread yesterday, faggot.Remember?You were told to fuck off after being told you were priced out forever.MSTR holds the Bitcoin they purchased, unlike your FTX Shitcoin Hebrew.
>>59256184Nah, you're good until Bitcoin has a temporary top at 109K and then dumps back down to $74K.
>>59256042I can only see btc dumping to 40k no matter what happens, ww3, cyber pandemic, aliens up our asses, whatever. Never below 40k again.
>>59256242That's some investors getting wrecked but MSTR would still be fine as an entity so it wouldn't be a full collapse as the thesis is. The stock being half the current price would not be an actual problem for the company.
>>59256184fuck
>>59254854They’re selling future gains now to the convertible bond holders who won’t understand this until it matures. It’ll go down faster than it went up when it becomes clear how it works to investors.
I bought 2x leverage at pico top today. Going to kms.
>>59255063Wasn't Saylor saying that he planned to make Microstrategy a Bitcoin bank someday?
I don't get why people are saying it'll crash. It already did crash recently. And then it went up. Because they own bitcoin. So what's the scam. Dude buys bitcoin, people then freak out when his company is valued higher. This is different then some jew democrat political money laundering and funding scam.
I cant handle this shit. Its not for me. Sold around 100 shares. Made a lot of money with it in the last 1-2 weeks. wish you gl bros.
>>59256897well done
>>59256150This. Bitcoin is money, not a business, land, or debt. It's more or less a Forex trade.
So many people must have bought into MSTR that there is now active /smg/ now. I tried to warn them, it's a classic ponzi.
>>59255100>the only way that will ever exist to move $billions permissionless with 0 friction from A to B will stop being attractive because a man smarter than you stockpiled while open sourcing how he is doing so>>59256802Hal (satoshi) predicted MicroStrategy
>>59254854Their btc is leveraged
>>59256042Having a micro penis isn’t the same as having shares of MicroStrategy. You’re still early
>>59256242MSTR went to 6x NAV on the first cycle. All the NAV going down did is making it more attractive to buy for the next cycle. As MSTR becomes and increasingly stablished monopoly it becomes increasingly attractive to own the stock.
