>And let me tell you that I am actually earning around 100-- I mean around $1,400 on an everyday basis seven days a week. WHAT?! I am right now independently, financially independently... I am saying to so many people who said that this was going to be a con artist game, that this was going to be a scammer game. "Hey, you're gonna lose all your money.">My wife still doesn't even believe in me. I'm telling her,>"Look, honey these is real.">"No, no, no, no, no. That's a scam!">And I said, "I'm gonna go to the bank, I'm gonna get my Bitcoins, I'm going to actually put it into dollars. Here they are right on the table."
>>61310439what the fuck are you talking about faggot?
>>61310450STRC
I say, "What am I gonna do?!" Then I said to my wife, "You know what?" When I am starting to put $10,000 a day on her, right on her-- you know, on her table."Then she's gonna say, "Whoa!" Yeah-yeah-yeah-yeah-yeah-yeah-yeah, okay, that's real!"So guys, I wanna tell you something. Faith and belief is the one thing that we will need to be able to change the world. And right now, I believe that, in this g-room, we have the seed, that's gonna germinate and that's going to explode into an amazing opportunity for us to change this entire world.I am so proud, I am so honored, I am so excited to be here right now. And let me tell you something. That each and every one of you has the opportunity to become, by those amazing people that we know here from Vietnam-- hey hey, my people from Vietnam-- making so much money that they can probably have a real hard time counting it!Ha ha ha ha ha ha!So guys, let me tell you, I loooooooooooove... BitConnect!">>61310450Holy newfag
>oh no no what am gonna do?
>>61310450go back
>>61310439STRC aint gonna pay out once mstr is worth $1
These newfags are broke if only they would had invested in bitconnect they would had made it by now niggersBitconneeeeeccttttttttttt woooooooooooaaaaaaahhhhhhh Niggers
$MSTR is just leveraged bitcoin on the upside but none of the downside. It’s a new financial vehicle (technology) that solves the problem. It also makes Reddit seethe.
>>61310464there is no new fags this cycle. no alt season
>>61310520This.
Strc is not a ponzi. Retards only think so because the dividends might get paid by new shares. But it does not rely on this mechanism to pay dividends. They hold more in bitcoin than what they owe and btc outperforms 10% annual return.
>>61310450new fags haha BITCONECTTTTTTTTTTT
>>61310450
>>61310555>btc outperforms 10% annual returnUntil it doesn’t
When are we getting bitconnect 2.0?
>>61310671>it's not a ponzi>it's a financial derivative of a ponziyou get how that's even worse right
>>61310671That doesn't even matter you retard. If it stops outperforming 10% they'll just buy back the shares.they hold over 640k bitcoin with an average under $70k.I know you just heard about STRC in a thread today.
>>61310744So they’ll sell btc to buy back the shares?What do you think that will do to the price of btc?And what do you think the drop in the price of btc will then do to the price of the shares?Death spiral.
>>61310764You don't understand. You get 10% return and when they sell cheapies you buy BTC with it.It's the reverse STRC
>>61310764They have like three different ways to raise capital to pay dividends and debt before they'd have to sell BTC and would probably try to find other ways before they had. I think they should have an earmarked allocation of BTC to tap from if necessary, that would make their collaterals more concrete and settle some uncertainty regarding "what if they have to sell" scenarios.
>>61310885>>61313096Bitcoin is purely priced by sentiment and is a risk-on asset. Saylor has attempted to corner the market without much success so far. When things finally turn on him NO ONE will be touching his products or BTC.
>>61310520MSTR basically makes no money from its software business, so its value is roughly equal to its Bitcoin holdings and whatever assets it has, minus its debts. For a while, MSTR's market cap was about 50% higher than its Bitcoin holdings, which meant for each dollar you bought of MSTR stock you got less than one dollar of Bitcoin. It has taken the retard bitcoiners a while, but eventually the notion began to creep into their skulls that this is a bad deal. Today MSTR's market cap and Bitcoin holdings are about equal. However, things are a bit worse than they appear because we need to include the debt still. MSTR raised money for its Bitcoin purchases by issuing convertible bonds and preferred shares. They don't appear to have gone super crazy with this, but they do have some associated fixed capital-return obligations. Since the software portion of the business doesn't make much money, they kind of need stock price to stay high to meet their debt obligations.