Will have a 200 billion dollar market cap with revenue of only 100 million and zero profits....haaaaaaaaaaaa All this euphoria will catch up, until then enjoy the ride cause the next ride down is going to be epic.
mate, i don't think your math is mathing In 1 week, mstr made close to $3B in earnings profits. pure, sweet, profits. it will be announced to the world next year 2025 mstr earnings releases that's only 1 week of mstr earnings, mate, when bitcoin goes to $100k before eoy 2024 , you will be selling 10 cent mstz puts, mate
Like magic from the fairytale coin all you have to do is buy bitcoin place it handsomely on your balance sheet, watch it rise and claim the billions in profits .. . What a spectacular wonderful world we live in. Who would have ever thought that fairytale coins could create such magical profits for all the world to see.
Yes, mate, you're correct, bitcoin is the magic internet money... please be careful trying to short against the bitcoin runaway train
Yes, a forever runaway train with 1 year of occasional hard dips aka crashes every 4 years 2024 and 2025 are not the year of the bitcoin crash bitcoin scarce global monetary asset follows the growth and tightening of global liquidity
Yes yes yes the infinite money glitch..... I hope every traded company puts bitcoin on their balance sheets and drives bitcoin up to infinity because I have never seen such an easy infinite money glitch.
Hmmmmmmmmmmm This article came out a few days ago and he even mentions what i have been talking about for a couple of months about other companies adding bitcoin to their balance sheets for an infinite money glitch But he calls it a ponzi scheme.....uh ohhhhhhhhhh Other, more critical observers have labeled Saylor’s BTC binge a ‘Stock Market Amplified Ponzi scheme’ in which his BTC buys bid up his company’s share price. Saylor uses that inflated valuation to borrow more billions to buy more BTC, which further pumps BTC’s price, which causes the company’s share price to rise higher, then uses that valuation bump to borrow more cash to buy more BTC, etc. MicroStrategy’s $42B BTC buy gives Ponzi schemes a bad name https://coingeek.com/microstrategy-42b-btc-buy-gives-ponzi-schemes-a-bad-name/
Yes, I also see it as a ponzi on the traditional finance fiat monetary system, the selling of mstr equity shares and the selling of mstr debt convertibles buy more bitcoin and pay the debt A circular ponzi, a reflexive loop ponzi to get more bitcoin to the mstr balance sheet It's a ponzi but the good kind of ponzi as operating this ponzi successfully will get give more bitcoin to mstr https://www.elitetrader.com/et/thre...etric-risk-reward.379915/page-30#post-6048483