Off-topic: Came across these illustrative examples which piqued my interest in the promoted book. I’m curious what looking at BTC and MSTR through this lens would reveal.
On this post, I said watch for 12 minutes, but when I re-watched it, actually 17-20 minutes, you can watch on 1.75x speed https://www.elitetrader.com/et/threads/bitcoin-and-mstr-price-correlation.362726/#post-5488422 On this post, here's the plan for the next 12-14 months (some time has passed since the post), the thread has too many pages https://www.elitetrader.com/et/thre...r-asymmetric-risk-reward.379915/#post-5981373 Two financial products that mstr is selling and converting to bitcoin, convertible debt, and (ATM) mstr shares Hopefully that does not disqualify mstr from being included to the Nasdaq-100 this coming Friday (Black Friday after Thanksgiving)
My credits on Audible subscription are stacking, hope it's available on Audible My book recommendation is Sovereign Individual, predates bitcoin by a decade, but foretold it Rest In Peace to the goat of last cycle, brother Hard Rock Nick Bitcoin is dumping as a tribute of respect. You will be missed, bro
I have Sovereign Individual but couldn’t get into it due to the abysmally small typeface. Maybe Audible is the way to go Didn’t know about HRN, never really crossed paths
Been posting about this for months. He's actually being extremely generous at valuing mstr at 105 a share....last report shows they have no earnings at all. So easily a 15 dollar stock at most!!!!
While I appreciate your rational counterpoints, tbh, you sound like a broken record. AFAIK, the market works on game theory and frequently operates in emotional & non-rational quadrants. Like a broken clock, there will be a moment or two where you can claim “I told you so!” Chances are, if history repeats itself, we have a year before BTC puts in a major top.
Opinions from the MSTR experts here? https://seekingalpha.com/article/4740051-understanding-microstrategy-mstr-stock
390 low .... Bitcoin falling but no worries as everyone gathers around for Thanksgiving it will creep up to 100k once again.