MSTR -- To get out or not...

[newwurldmn]

Above a certain income level-it’s really all about your relative level to your surroundings/Jonesses which counts for your feeling. A lambo is just an (uncomfortable) car, and rich friends aren’t really nicer than poor friends(zero correlation kindness and income level). And when you are earning a lot more than your friends, this inequality feeling is not nice.

Another approach would be to move to a cheaper neighborhood, but human nature to aim higher and higher prevents us

I agree with you on the joneses. It can be very spiritually damaging to one’s ego.

I feel pretty good when I sit in my Ferrari. The leather, the engine sound, the weird Italian engineering, and most importantly what the car means to me.

 

[TrailerParkTed]

I agree with you on the joneses. It can be very spiritually damaging to one’s ego.

I feel pretty good when I sit in my Ferrari. The leather, the engine sound, the weird Italian engineering, and most importantly what the car means to me.

You’re funny!

 

[newwurldmn]

You’re funny!

he has a point. I bought mine used.

 

[johnarb]

So, every time bitcoin goes up $2500, mstr goes up by about $100/share. $25k upmove, puts mstr north of $2,200/share

Big girl math is easy

 

[newwurldmn]

So, every time bitcoin goes up $2500, mstr goes up by about $100/share. $25k upmove, puts mstr north of $2,200/share

Big girl math is easy


View attachment 335284

Why should mstr go up more (in percent terms) than bitcoin?

 

[johnarb]

Why should mstr go up more (in percent terms) than bitcoin?

Because mstr owns a lot of bitcoins and continues to buy more

Let's wait and see if this price action vis a vis btc continues. We don't have long to wait

 

[newwurldmn]

Because mstr owns a lot of bitcoins and continues to buy more

Let's wait and see if this price action vis a vis btc continues. We don't have long to wait

the price action is an arbitrage opportunity.

 

[S2007S]

So, every time bitcoin goes up $2500, mstr goes up by about $100/share. $25k upmove, puts mstr north of $2,200/share

Big girl math is easy


View attachment 335284

Hmmm

So if bitcoin drops 2500 mstr loses 100 a share....

So simple bitch math

Bitcoin drops to 25000

62000-25,000 equals 37000

37000/2500 =

14.8


14.8 x 100 ...about 1480

So mstr would be at 0 or like a few bucks !!

 

[johnarb]

the price action is an arbitrage opportunity.

My nick is misleading, I wouldn't know how to arb this PA, nor do I wish to. I'm a directional short term trader

Hmmm

So if bitcoin drops 2500 mstr loses 100 a share....

So simple bitch math

Bitcoin drops to 25000

62000-25,000 equals 37000

37000/2500 =

14.8


14.8 x 100 ...about 1480

So mstr would be at 0 or like a few bucks !!

At $15k/btc mstr price was about $100 with many saying it was on the way to BK

It's not linear on the downside, nor do I believe it's linear on the upside. I'd imagine fomo and veblen effect will cause an accelerated price upwards movement as mstr goes higher than $1,500/share

Let's wait and see

 

[newwurldmn]

My nick is misleading, I wouldn't know how to arb this PA, nor do I wish to. I'm a directional short term trader



At $15k/btc mstr price was about $100 with many saying it was on the way to BK

It's not linear on the downside, nor do I believe it's linear on the upside. I'd imagine fomo and veblen effect will cause an accelerated price upwards movement as mstr goes higher than $1,500/share

Let's wait and see

you short Mstr and buy bitcoin.

eventually the market has to resolve.

the problem is that the market can stay irrational for a long time (like it did with the discount of the greyscale trusts)