[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/biz/ - Business & Finance

Name
Options
Comment
Verification
4chan Pass users can bypass this verification. [Learn More] [Login]
File
  • Please read the Rules and FAQ before posting.

08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
05/04/17New trial board added: /bant/ - International/Random
10/04/16New board for 4chan Pass users: /vip/ - Very Important Posts
[Hide] [Show All]


Janitor applications are now open. Apply here!


[Advertise on 4chan]


File: saylor.png (196 KB, 640x814)
196 KB PNG
Is he addicted to losing money?
>>
>>62312112
The market dumping is good for him. He gets more cheap Bitcoin. If everything else was fine and bitcoin dumped he'd be in trouble
>>
>>62312122
>He gets more cheap Bitcoin.
he's already got a shitload of cheap Bitcoin
and getting cheaper by the minute.
>>
>>62312136
Not really, his average price was pretty high
>>
>>62312112
no one's explained, what did he actually do that caused him to lose $6B? was he just on the wrong side of the dotcom bubble, or did he actually make a mistake?
>>
>>62313146
>mistake
It was, unironically, accountancy fraud. His only 'mistake' was getting caught. They overstated revenue by 25%, declared losses as profits, various minor oopsies like that. Could happen to anyone really. He actually lost $11B in one day, just the famous $6B was his own wealth. Or whatever shit he had on paper that was nominally worth that, until the SEC applied a little daylight.
He got fined but otherwise walked free, as he did when he also got fined $40m for tax evasion about 5 years ago. Bit of a slippery customer allround, is Saylor Moon. But I'm sure all is above board in his BTC dealings and related accountancy. Like, for deffo.
>>
File: IMG_9728.jpg (828 KB, 1110x1417)
828 KB JPG
>>62312112
Micro tragedies
>>
>>62313241
thanks, i didn't know any of that. super interesting
>>
>>62312112

ok so hes only about down 11 billion
so with inflation 11.6 billion in 2000 6b
24.3b in 2000 11b as >>62313241 sez

so 24.3 billion is his surrender moment
>>
File: 1779957463335480.png (203 KB, 479x333)
203 KB PNG
>>62313241
so chances are he is still doing the same shit or some flavour of fraud.
This guy is definitively going to get wiped out. btc will crash sub 10k and stay there for years
>>
>>62313146
He accidentally sold The Magic Bitcoin which was the one Bitcoin holding the whole thing up like a jenga piece.



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.