Do you know that companies can be taken private or be delisted due to bankruptcies? Google it. And do you have a source for MSTR or TSLA claiming they will hold Bitcoin in perpetuum and that being binding?
Don't twist my words, I didn't say TSLA was going to hold forever, only MSTR CEO Michael Saylor saying his plans for the company on YouTube videos, search it MSTR issued debt convertibles twice, I believe in full disclosure to purchase bitcoins, there are obligations before those bitcoins can be sold Don't play hypotheticals saying MSTR is going private or due to bankruptcies, it's a profitable enterprise business software that has cash flow to pay its debt obligations I'm done educating you, stay ignorant. educate yourself on your own time. That is the reason you're losing out, because you don't know what you think you know #HaveFunStayingPoor
Youtube videos are not binding, not in the least. The fact that you actually thought they somehow are is funny. Yes, MSTR said to buy Bitcoin with the proceeds. It said absolutely nothing about when they can sell the crypto. Sounds like you jumped to conclusions once again without understanding the actual situation. There's absolutely zero guarantee that MSTR is profitable or can buy back the obligations in 2024.
You like to twist and turn whatever fits your story, and like to put hypotheticals You're the one that came up with bankruptcies and turning private with no shred of evidence to justify it for the companies hodling bitcoins, TSLA, MSTR, SQ, etc That is called FUD, back up your hypotheticals with concrete data and maybe you'll get some credibility
You just casually ignored all the other points I brought up. No evidence, just a bunch of Youtube videos and your opinion. So since there's nothing, this Saylor guy can just be telling everyone to HODL forever as he's dumping his crypto onto the market at a favorable price. Not a bad plan as there's gullibles like yourself thinking something he said on Youtube is material information as per SEC regulation. By default companies are assumed to possibly go private, bankrupt or delist in some other way. There's no evidence needed as it's something that happens on a daily basis. Similarly I don't need to prove to you that water is wet.
And we're back to your first statement. MSTR holds over $4.5B worth of bitcoins, a publicly listed company selling, explain how to sell without disclosure Bitcoin blockchain is a public ledger, explain how bitcoin hodlers cannot see the amount of bitcoins being sold by the institutions without us being able to front run them Here's the thing, 4 years ago, you admitted you were too much of a coward to invest in bitcoin, what's your excuse for not getting in to bitcoin in the last year or when it was below $10K? You pussied out and that's why you can #HaveFunStayingPoor
Isn't there a delay for this sort of thing? You don't expect a day by day account of their holdings, do you? How often does Buffet have to update their holdings Berkshire? I'm guessing its updated every quarter, so a full 90 days delay is possible. But I of course don't expect him to sell. I just expect him to go down with the ship in case there is a great than 50 or 60% drop. How on earth do we know who those addresses below to? I thought it was all supposed to be private. Sure you can see how much is in a wallet, but who owns that wallet? And how many wallets does this person own? Lastly, how much BTC is owned that is just at the exchange and hence the exchange actually has the BTC and not the individual account holder? Perhaps when lots of BTC changes hands that happens at the exchange, it doesn't even hit the tape, meaning the blockchain. Is this is fair understanding? Also, it seems clear now that BTC broke the 53k support on all platforms. Is your thesis for lots of buying at 53k still relevant?
No, not day to day, but not possible to sell that much crypto either without us seeing it on the blockchain and finish selling before their required SEC filings Bitcoin is not a privacy coin. You can do research on how to track the wallets and addresses on the blockchain, but here's a few things to look for Chainalysis company, Glassnode Go to blockchain.com and check out a block, follow transactions, etc, even with a naked eye not using any tools, there are some information that can be learned If you ever interact with exchanges, deposit addresses are the beginning, then you follow where the coins you deposited end up in, which they usually get sweeped into the big exchange wallets/hot wallets Same thing with exchange withdrawal addresses, you can follow the coins where they orignate So having known the big exchanges and their wallets, you can see when coins are going to private addresses and also in the opposite direction There are shared information on addresses and there are proprietary information not shared by companies like Chainalysis only for their clients such as the FBI when they are tracking criminals Anyway, please do your own research, I've posted on this many times even gave you a youtube video, but you don't seem to want to do the research and I cannot do everything for you and you still do not understand or believe I don't mean offense but it puts me in a difficult situation $53K is the first support, The Rick Astley buyers (Institutions accumulation are are in the $46-$48K, I know I posted $48K-$51K in Daal's thread, but that was a mistake on my part, since Willy Woo has a bet btc not to go below $46400 price point and on his report, I'm a subscriber, that's where he described the Institutions are accumulating)
As stated, disclosures are every quarter, so you'd only know afterwards what he did. And he'd likely go private before taking any significant action. 4 years ago I didn't think the risk reward was worth it. You're aware ET is about investments and trading not some dick measuring contest at your local dumpster, correct? You probably think Buffett was a "coward" and a "pussy" for not investing everything in the 99-00 tech bubble as well. Heroes like yourself limp away with nothing when the markets get difficult. I'm here whatever the price of bitcoin, you won't be. When the price was in the crapper, you disappeared as a bitcoin cheerleader and only reappeared when the price started going up. Classic cocky and scared newbie.
Nice try to associate yourself with those guys Sorry to disappoint your hope for schadenfreude but already cashed out significant amount and in the process of more cashout #HaveFunStayingPoor