Michael Saylor’s MicroStrategy doubles down on Bitcoin-

Discussion in 'Crypto Assets' started by The_Krakenite, Jun 30, 2022.

  1. Millionaire

    Millionaire

    Michael Saylor featuring Bear Market Swag
    [​IMG]
     
    #21     Jul 1, 2022
    TrailerParkTed likes this.
  2. ElCubano

    ElCubano

    White paper soon to be used as Toilet Paper. I just bought avg $19,950 :wtf:
     
    #22     Jul 1, 2022
    Tokenz likes this.
  3. DaveV

    DaveV

    Actually the rumor is quite true. MicroStrategy would face a margin call if Bitcoin fell below $21,000. What was not true was that a margin call would cause MicroStrategy to collapse. Only 1/4 of Bitcoins are subject to margin call. It owns 3/4 of its Bitcoin outright so it could easily cover any margin calls.

    https://seekingalpha.com/article/4518457-microstrategy-margin-call-gaslighting-mstr
     
    #23     Jul 1, 2022
  4. SunTrader

    SunTrader

    Umm Peka the ATH was four years later - Nov' 10, 21. :confused:
     
    #24     Jul 1, 2022
  5. Provided you have a hand left with which to catch it.
     
    #25     Jul 1, 2022
  6. Until then you're a wiener.
     
    #26     Jul 1, 2022
  7. newwurldmn

    newwurldmn

    my ten years on this forum as taught me that reading papers is for losers who can’t trade. You look at the chart and react. Bitcoin is going to 10k.
     
    #27     Jul 1, 2022
  8. Tokenz

    Tokenz

    I don't believe I've ever heard of that stock term before. Have you ever traded?
     
    #28     Jul 1, 2022
  9. Once. I think it was on a Tuesday.
     
    #29     Jul 1, 2022
  10. Tokenz

    Tokenz

    What did the apple say to the orange?
     
    #30     Jul 1, 2022