Microstrategy have many more Bitcoins and will provide additional Bitcoins as collateral
Crypto Macro Trends for 2022
- Thread starter johnarb
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Microstrategy have many more Bitcoins and will provide additional Bitcoins as collateral
Yes, I am serious. Are you serious?
You're a financial guy, maybe you'll understand this more than me about the financial actions that MSTR has done that benefited the company financially and increased shareholder value
https://en.wikipedia.org/wiki/Michael_J._Saylor
On the 11 minute mark, I believe he asked for sha256, but he got sha1 result from the student
I agree Andreas is awesome!!
──╼ echo Hello! | sha1sum
a8d191538209e335154750d2df575b9ddfb16fc7
echo Hello! | sha256sum
b22b009134622b6508d756f1062455d71a7026594eacb0badf81f4f677929ebe
As bitcoin drops in price doesn't its value as collateral diminish?
Yes, when price of collateral drops, you have to put more collateral per the loan terms
I'm too lazy too look up the details of the loans, you can search on google, but from what I remember, MSTR only posted a small percentage of their Bitcoin holdings and can provide more Bitcoins as necessary
@NoahA , here's the video I was trying to post
I wish I had seen this video in the first few months of 2018 because it would have saved me a lot of grief (I was all-in)
Contrary to the no-coiners perception that hodling Bitcoin and cryptos are just easy as pie and luck, it takes a lot of conviction holding Bitcoin when it's on a sideways-to-down direction for years
I'm already doing the 3 things on this video because of my own experience, but I'm sharing it if it helps anyone else
I wish I had seen this video in the first few months of 2018 because it would have saved me a lot of grief (I was all-in)
Contrary to the no-coiners perception that hodling Bitcoin and cryptos are just easy as pie and luck, it takes a lot of conviction holding Bitcoin when it's on a sideways-to-down direction for years
I'm already doing the 3 things on this video because of my own experience, but I'm sharing it if it helps anyone else
Wow, amazing that you would pick up on this!
Honesty, she just isn't that smart. She mentions the Michael Saylor short again, so if you think its untrue, where is she getting this from?? I'm surprised I haven't come across this until now, so it probably is just a rumor or else it would be all over the news.
The only point in her video that makes sense is to separate the long term hold from the coins that you will be trading short term. Also, I'm not sure where she gets her prediction for new ATH for bitcoin only after the next halving. I mean of course reducing supply even further should make a bump to the price, but I honestly don't find her qualified enough to put any weight into her predictions.
I am very much surprised by the price dropping so consistently when this year was supposed to be all about mass adoption by big players and companies. This means that if there is so much buying interest, and yet price is still dropping, the demand certainly does not overwhelm the supply. InvestAnswers months ago kept talking about how both bitcoin and Ethereum were being continuously taken off exchanges and there was little supply left. I don't really watch too much of his videos anymore, but I wonder if this picture has changed because there was supposed to be only a few months of supply left at the rate things were going.
So I'm not sure how all this adds up, but I doubt this girl has any profound insight.
Agreed. And this has to be my strategy now since my average entry is much higher up! LOL...
Yes, I see that you are serious. You are bedazzled by his persona and where he went to school. It is comforting for you to follow him. I get you.
I don’t know what you mean by “financial guy” but it seems you are requesting my assessment of the video clip you posted.
Here’s my assessment. “Fast Money” is a show. It’s infotainment. The same applies to CNBC. I watch to see what is being fed to the public. I don’t recommend eating what is dished out.
That's because the BTC "adoption" narrative is just BS. It's not even digital gold, or an inflation hedge; rather it's an ultra-speculative fringe asset which is likely to deflate catastrophically if monetary tightening and CB liquidity-draining continues for much longer. The market action is practically screaming this out loud.
The sha* fingerprinting commands are built-in to Linux so it was easy to run the command but was surprised I did not get the same result as the video on sha256 so tried the sha1 and it matched
Regarding Mariah, I don't listen to anything else she talks about, not even the charts. I searched the Michael Saylor on google and did not see any results, but I saw Michael saying it's untrue on a video a couple of weeks ago, may have been with Pomp, if I find it I'll post it
I only posted the Mariah video on the psychology benefits, anything else she says I cannot vouch for