guys what if saylor is just lying about all this constantly buying btc
>>62235660or even just over exaggerating the buy size
If he wants to pump shit just divert that money towards Doge. Bitcoin is a trillion dollar asset, of course its heavy as fuck.
>>62235660Saylors entire thesis is that you can run a ponzi scheme on retail as long as you fully disclose what you’re doing and appear to be a true believer. Why would he do a second easy to prove fraud when his first hard to prove fraud is printing billions of dollars?
>>62235660he buys otc not spot so obviously it won't affect the price
>>62235719>removing supply from the market doesn't impact the price>why yes I watch cryptuber goyslop, how could you tell?
>>62235782it literally doesn't matter unless it's in the orderbook of a cex
>>62235660it's possible.
>>62235660all the transactions are right there fully auditable on the chain retard
>>62235719why wouldn't you want to increase the price of your massive position over time?
>>62235660It's an attractive idea, but supposedly more than half of their holdings (which are distributed across multiple custodians) have been tracked down by sites like Arkham. And funneling that much money elsewhere may not be desirable or quite as easy as you think in such a public company (though of course not impossible). When STRC pumps, BTC tends to move up as well. You know the meme of Saylor always buying the top, his buying may have contributed to it becoming the top.>>62235701No, the thesis is that fiat will depreciate against BTC over the long term.Naysayers don't know this, but STRC collects $100 for the promise to pay $11.5 per year, so just those initial $100 give them almost 9 years of runway to pay dividends at that rate. Instead of keeping the cash they buy bitcoin. Do you think the bitcoin they buy now will be higher or lower in 9 years? Higher seems a good bet considering expanding debt, money supply and asset inflation.There are several other interesting dynamics as well. The stock and their convertibles and credit products act as a gateway for tradfi. Common stock dilution in particular is a bit like a buy-only ETF which traps capital because it never redeems when the market goes down.STRC and the others complicate things, but here's a simple sanity check:- Bitcoin minus debt: ca. $55 billion- STRC market cap: $8.5 billionThis is over 6x collateralized. They could easily wind down the whole thing as follows:- Obtain $8.5 billion from common stock dilution and bitcoin sales (yes, painful for the market, but not apocalyptic)- Set the dividend to 0%- Buy back shares at $100 (reverse ATM)Come to think of it, a $100 pegged share with 0% might still be an interesting product for some, so they likely wouldn't even have to pay back the full $8.5 billion.
>>62237986Is the chain in the room with us right now though? Also, a chain just flew over my house.
>>62238628Well said. I look at STRC as BTC for the feint of heart. If one can't handle the volatility, STRC becomes a viable option to expose your portfolio to BTC. I don't hold MSTR but I do seem them succeeding in the long run. Tell me if I'm wrong but I don't see the common stock going up violently like it used to until bitcoin reaches a sustained mcap of $4T.
>>62237991I don't know, ask saylor, they just buy in lump sums directly from otc desks and do nothing else
where he gettin all dat moneyz to buy dat btc
Why isn't shitcoin and all of crypto dead yetIt accomplishes nothing
>>62239039People can buy STRC and get 11.5% a year it's more than double the bond price. When STRC hits $100.01 they sell that cash to buy BTC to keep it $100 Retards forget there's only 21m Bitcoin. Michael Strategy keeps buying and others keep buying the price keeps going up.This is the golden bull >>62238983It's a takeover. Miners are taking over powerplants, financial products are offering better deals than traditional assets without the risks (stablecoin yield, STRC, BTC), cyberpunks are hacking new stuff together. It's not going to stop.
>>62240127>Miners are taking over powerplants,no that's AI>financial products are offering better deals than traditional assets without the risks (stablecoin yield, STRC, BTC)it's all shit> cyberpunks are hacking new stuff together.everyone still in crypto is a poseur retard
>>62238628>This is over 6x collateralizedcurrently, you think this mofo is gonna sit on his hands for next 20 years? no hes gonna keep milking it then one day whoops STRC mcap is more than his BTC gg
>>62235660It's plausible that he could be lying but just intuitively you can tell that he cares about Bitcoin. If you don't have autism you know this is the guy's thing, and if you do have autism then you know what it's like to be obsessively retardedly into a thing, like Bitcoin.And if he is lying, wouldn't that require a lot of coordination with other people to hide it? And why lie, what is he going to use the money for, more money for Israel? I don't even know what his stance is on things, because he never talks about anything other than Bitcoin.
>>62240237AI can't back the grid it consumes the grid.Bitcoin makes energy cheaper, AI makes it more expensive for everyone else. AI buys energy futures in bulk and uses them. Bitcoin either mines or sells them back. AI is only popular because of stupid valuations, debt, promise of future income. Bitcoin mining is instant return.
>>62240241anyone with higher iq than yours already predicted this scenario 10 times. Do u think a company holding 800k btc did their homework and put restraints on themselves so it doesnt happen? Or maybe you believe you are the first to raise this genius point? in this case better hurry up and call Saylor before its too late!
He is trying to be imposter to the craig wright
>>62235671NYSE:ZONE already is doing this, accumulated like 300m DOGE OTC from house of DOGE in quarter 1
>>62240127Ethereum is the next stop. Bitcoin is a dead duck. Everyone invests in crypto for the tenbaggers, not the 2x. If you're up to date on crypto news you'd be in ETH and be crazy not to at this point give tech stocks are beginning to exit.
>>62235664>>62235660He’s buying supply that would later be available on the market and put downward pressure on price. He’s not market buying like me and you, he’s going OTC with Coinbase and miners.
>>62240845All the scams are done on Solana now Eth is obsolete.
>>62235671Only a fool still holds alt and meme at this point, the only thing worth buying is BTC. I staked some, and I'm holding the rest until it hits 200K. Maybe when TBV is available I might lend if I need liquidity, but fr that's all that there is to crypto RN. Dump alts.
