Michael Saylor is the Egg Man. His latest announcement is that $MSTR will spend another $42 billion to buy #Bitcoin, funded by issuing $21 billion in debt and $21 billion in equity over the next three years. This reminds me of a joke I heard a long time ago.A client calls his broker inquiring about egg futures and is quoted a price of 25 cents per contract. Having a hunch about the egg market, he buys 100 contracts. A week later, he calls his broker to get a quote. Pleased to learn that the price per contract has risen to 35 cents, he decides to buy another 1,000 contracts. A few days later, eager to check on the progress of his investment, he is amazed to learn that the price has now risen to 50 cents per contract, twice the price he paid for his original 100 contracts. Sensing a trend, he steps it up, this time buying 100,000 contracts. The next day, ecstatic to learn that the price per contract has now risen to 65 cents, he gets even more aggressive, buying 1,000,000 contracts. Sure enough, the following day, the price per contract rises to 95 cents, prompting him to order an additional million contracts. The day after that, as rising prices further validate his intuition, he buys yet another million contracts, this time paying $1.25.The next day, with egg contracts trading at $1.75, he senses that the market has risen too far too fast, and places an order to sell 2,000,000 contracts. After a pregnant pause, his broker replies, "Sell to whom, you're the egg man!"-Peter Schiff
>>59337349Stinky Pete posts here?!>Bottom Signal
>>59337349Egg man probably owns at least half the eggs. MSTR only owns 2% of these "eggs".
>>59337349if it were that simple and easy it wouldnt be this malicious. Saylor is not an egg man hes a sociopath. Hes not buying BTC for belief of BTCs future value, hes buying so he can steal the money from his shareholders. But his scam is now becoming so large it might ripple and fuck up all crypto when it unravels.
>>59337612How will he take possession of the buttcorn?
>>59337349People dont like breakfast anymore anon? People dont like cakes and pastries?Who does the egg man sell to? Fucking everybody.
>>59337349Saylor owns only 2% of the BTC supply
>>59337349I like eggs. So I guess I'll just keep buying MSTR.
>>59337612LOOK, see a world that holds more WONDERS than any since the Earth was born
>>59337349your brain must be this smooth to say such things: ))
>>59337774>eggReal asset, a commodity if you will. Rises with inflation and STORES VALUE. >BitcoinFake and gay asset. Tracked by government. No inherent value. Lose 40% of value in one day. Speculative risk investment. You people are retarded.
>>59337349>The next day, with egg contracts trading at $1.75> "Sell to whom,to the people trading egg contracts at $1.75?
>>59337927This is cringe
Peter Schiff is literally retarded.>>59337612No you fucking retard. There's a reason his bonds he issues mature in fucking 2029, by 2029 bitcoin will be around 500k and he will have 10xed the current value of MSTR to about 4000 a share (or whatever it is when the stock splits again), he is explicitly betting on the idea that bitcoin always runs higher than where it is now in the long run.
>>59339025>what is supply and demand
>>59337927what a fucking boomer take lol