Reply With QuoteHe posted this a little while ago, I found it really hilarious:Originally Posted by Daveya.
Anyone checked in on Saylor?
He posted this a little while ago, I found it really hilarious:
Someone who lies about the little things will lie about the big things too.
Not a cultHe posted this a little while ago, I found it really hilarious:
You might be able to ask him yourself shortly - https://microstrategy.zoom.us/webina...RfGiXn8I-SH-YA
My point is that he talks about it non-stop. Are we to conclude that he doesn't understand it?
Someone who lies about the little things will lie about the big things too.
Lol yes good point. The statement to me can across as evangelical
Unless they've swapped them for another 'digital asset', that wouldn't appear to conform to the spirit of their recent SEC filing.
We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash, Teslas quarterly report SEC filing said.
https://blockworks.co/tesla-believes...iling-reveals/
As I said, it is only a rumor at this time. However notable how weak bitcoin is today when the market is trading up, while over the last weeks it had a very high correlation with equities.
I also note this from their filing:
As with any investment and consistent with how we manage fiat-based cash and cash-equivalent accounts, we may increase or decrease our holdings of digital assets at any time based on the needs of the business and our view of market and environmental conditions, the quarterly filing said.
Someone who lies about the little things will lie about the big things too.
Whilst I hadn't read through it to check I guessed there might be such a clause, or at any rate a close equivalent.
An early press release and the 10-Q now available from MicroStrategy for anyone interested enough to take up with their bed time cocoa.
Last edited by petethegeek; 3rd May 2022 at 22:10. Reason: disambiguation
Crash!
Microtragedy bitcoin cost price: $30,700
Tezzler bitcoin cost price: $32,000
Spot price bitcoin: $35,800
This could become very quickly very funny.
Someone who lies about the little things will lie about the big things too.
MSTR currently trading at the lowest price it has been since December 2020. (Only a couple of months after the first bitcoin purchase was made.)
I was wrong.
Someone who lies about the little things will lie about the big things too.
Someone who lies about the little things will lie about the big things too.
Get the champers in
Saylorman drowning.
Someone who lies about the little things will lie about the big things too.
He might save himself and buy Facebook
Some crazy cheap bargains out there now.
Who’d have though 2 months ago, that you’d be able to buy COIN at $99 or Netflix at $180. ??
MSTR at $285 is an absolute steal, given that they hold nearly $6bn in BTC and their MCap is $3bn. (Let’s ignore the little bit of debt they also hodl)
SQ - Block at $88 was also a bargain. Watch that one shoot back to $140 on the next pump.
They hold 129,218 BTC, which at $35,800 are worth $4.6 bln. Against that, they are holding $2.4 bln debt, so a net value of $2.2 bln. Market cap is $3.3 bln, so you are paying $1.1 bln for a software business that managed to incur a $155 mio loss on revenues of $129 mio in Q1. Not enough, revenues are shrinking quarter over quarter and I am not even looking at which funky non-GAAP adjustments they have booked on these numbers or how many additional dilutive shares are going to hit the market going forward. Luckily they have no debt coming due until 2025, otherwise you could cut the shareprice in half immediately.Some crazy cheap bargains out there now.
Whod have though 2 months ago, that youd be able to buy COIN at $99 or Netflix at $180. ??
MSTR at $285 is an absolute steal, given that they hold nearly $6bn in BTC and their MCap is $3bn. (Lets ignore the little bit of debt they also hodl)
That company is a turd and if bitcoin drops a little further, the selloff will accelerate into the abyss.
Someone who lies about the little things will lie about the big things too.
If you look at Block's 2022 earnings estimates, they have come down by approximately 50% since their catastrophic Q3/21 earnings release (was $2.35 before, is $1.08 today). The share price has come down by approximately the same margin, so they are still trading at about 100 times 2022 earnings. Meantime, they have been busy issuing 25% new shares to their bagholders. But hey, they changed the name of the company and their blockhead has gone off the deep end, being fired from Twitter and accusing CNN of having created the Ferguson riots.
SQ will half again from here, and then again.
Someone who lies about the little things will lie about the big things too.
Quite an interesting chart.
When I last bought Bitcoin at 38k I though Id won the lotto. Not so clever now :-(
Tomorrow is a new day though
Gulp
- - - Updated - - -
An easy short for you then? May as well go all in!
Luuuuna. Shiiiiba. Solaaaaana.
Someone who lies about the little things will lie about the big things too.
I don't do all-in. That's the reason why my portfolio is up from a year ago.Gulp
- - - Updated - - -
An easy short for you then? May as well go all in!
Do you know no what I call a stock that's down 80% and then loses another 50%?
- A stock that is down 90%.
Someone who lies about the little things will lie about the big things too.
MSTR under $250 tomorrow?
Lots of shares waiting to be stolen, apparently.
Someone who lies about the little things will lie about the big things too.
Upon consideration, it wasn't.
Floki down 70% since, El Salvador still afloat (surprisingly).
Someone who lies about the little things will lie about the big things too.
Grab some Microstrategy and Tesla. Incredible steal at this price. Really.
Did Argo split today?
Someone who lies about the little things will lie about the big things too.
Its about 95% down from all time high. But its all fine, didnt bet the farm on it.
Ill just keep hodl-ing
Id probably buy more of everything if I wasnt buying a house.
The upside to all of this is the increasingly-better-value GMT still available on SC
https://forum.tz-uk.com/showthread.p...hlight=bitcoin
SOL down 30% since this post, LUNA down 45%, SHIBA down 35%.
Someone who lies about the little things will lie about the big things too.
Sorry friends, but I just have to:
Someone who lies about the little things will lie about the big things too.
OK you win, can you make it stop nowSorry friends, but I just have to:
Sent from my iPhone using Tapatalk
I certainly expected a rally this year, after the flat ending to last year
Not selling though, obviously :-D
https://forum.tz-uk.com/showthread.p...=1#post5813494
Someone who lies about the little things will lie about the big things too.
Serious question: they never bought more than the $1.3bln (=13% of $10bln) and went through all of that today to try and defend the UST peg?
I am honestly surprised that crypto trading by and large is still so orderly given that this has nuclear meltdown potential. Any view?
Someone who lies about the little things will lie about the big things too.
I think so.. I did have decent exposure to UST for the juicy yield but switched it to USDC once their interest cover was below 40 days. Apparently they have 'loaned' read:liquidated their BTC to defend the peg but not sure it will hold. This is a huge test for the Luna/Terra ecosystem and if it fails.. will have big repercussions for the entire space.Serious question: they never bought more than the $1.3bln (=13% of $10bln) and went through all of that today to try and defend the UST peg?
I am honestly surprised that crypto trading by and large is still so orderly given that this has nuclear meltdown potential. Any view?
For now, I'm just waiting for the capitulation before buying back BTC/ETC.. not even sure it's even started so far. My sense is most ppl just waiting and this is not yet panic.
Sent from my EVR-L29 using Tapatalk
Thanks. I am flabbergasted that we haven't hit panic levels yet, especially considering the huge sell order (which is obviously only feeding into UST, but still).
I bought Nasdaq earlier for an expected bounce, but given the recent super-high correlation I think I'd rather close that again before everything flushes. Oh, Saylor....
Someone who lies about the little things will lie about the big things too.
You did well Raffe.. sit back and enjoy the sh!tshow that's gonna unfold. Painful to see, but in a way, this deleverage is good for the LT.
Sent from my EVR-L29 using Tapatalk
If this blows up overnight, Microstrategy will be down another 50% tomorrow.
Edited to add: the show wouldn't be complete without this clown showing up:
Someone who lies about the little things will lie about the big things too.
Time to get that McDonald's application in..
Sent from my EVR-L29 using Tapatalk
Here is the BTC wallet of LUNA: https://bitinfocharts.com/bitcoin/ad...vt2k76zs50tv4q
Amazing, they blew the full balance in one day. 42,530 BTC, that was worth $1.7 bln only a week ago.
Someone who lies about the little things will lie about the big things too.
Think they moved it to another wallet..Here is the BTC wallet of LUNA: https://bitinfocharts.com/bitcoin/ad...vt2k76zs50tv4q
Amazing, they blew the full balance in one day. 42,530 BTC, that was worth $1.7 bln only a week ago.
https://twitter.com/LFG_org/status/1523762614118993921
Sent from my EVR-L29 using Tapatalk
Actually it's the same wallet.. but still has a decent amount left..
Sent from my EVR-L29 using Tapatalk
delete
Looks like they withdrew everything and then brought some back. Wobblykwon trying to save his baby.
Someone who lies about the little things will lie about the big things too.
Posting Permissions
