Microstrategy is not acting the same anymore. It used to be that it if BTC went up 3%, MSTR would go up 6%. Now, it actually goes down, unless there is huge run, then it does 1.5X only. Saylor is diluting shares like crazy to buy more bitcoin. IBIT provides better consistency and peace of mind. MSTR if you want more long-term reward, but are prepared to take on much greater risk.
Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
Federal rate cut next Wednesday plus Santa Claus rally should send Bitcoin up next couple of weeks.
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There's a tough resistance zone at around $ 101,873 that BTC can't blast over today. I'm guessing a lot or front run sell orders at $ 101,600 to 101,700 area. Let's see !
Bitcoin value is based on nothing so it will certainly fail
Go short and make an insane fortune but you have to have deep pockets and nerves of steel
like they did in The Big Short
Go short and make an insane fortune but you have to have deep pockets and nerves of steel
like they did in The Big Short
It will either survive and become one of the most important assets one can own, or it could become worthless, no one knows.
Just like everything else, money has evolved and become more practical, robust, efficient, transferable, secure, etc.
We started by bartering objects, then used shells, then metals, paper notes and coins.
Bitcoin is the next leap forward. Unfortunately, greed has turned this innovation into the ponzi scheme being played out before our eyes today. When the price stabilizes and ceases to become a get rich quick scheme, then perhaps it will become more trusted and adopted by society.
ahahaha good luck with that ...now isn't the time
"I may be early , but I'm not wrong " ..that's wrong
More on Microstrategy and Michael Saylor:
After the anticipated pop from the Nasdaq inclusion and federal rate cut this week, I am converting all my MSTR to IBIT.
After the anticipated pop from the Nasdaq inclusion and federal rate cut this week, I am converting all my MSTR to IBIT.
The True Story Behind Netflix's 'Biggest Heist Ever'
It shows how bitcoin has been hacked and you lose all
It shows how bitcoin has been hacked and you lose all
Tomorrow morning will be huge for microstrategy: bitcoin rose over the weekend , Saylor will announce a bitcoin purchase, and Microstrategy will be listed in the Nasdaq next week.
I will sell after the pop.
I will sell after the pop.
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Since inflation is starting to warm up again, Powell will definitely be hawkish on Wednesday. The 0.25 cut will be met with some initial enthusiasm by the market, but after Powell speaks, expect markets to tank hard.
This will be the start of my profit taking stage. I was way overexposed, investing everything I had in alts, Microstrategy and Bitcoin. Way too stressful. After selling half of my portfolio tomorrow, I can finally enjoy the ride without stress and anxiety .
This will be the start of my profit taking stage. I was way overexposed, investing everything I had in alts, Microstrategy and Bitcoin. Way too stressful. After selling half of my portfolio tomorrow, I can finally enjoy the ride without stress and anxiety .
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Just got to the Reviews Outcall section, get a nice room for a few nights and de-stress. More fun than watching BTC blast off and ETH and your fav ALTS lose ground. UGH !
Don't just wear your rosy glasses when watching the market ! BTC wicked up to $ 108+ area and the bears kicked the shit out of it all the way down to $ 105,700 area. ETH yesterday was all the way up to $ 4,100 and this am got kicked down to $ 3,915 for a short time. When a few rich bears decide to put in some huge orders, the high priced bids drop in a millisecond . . . thus the 2 or 3k red candle wick flash crash dips. Notice how all media never dares to blame market manipulation, they just say " flash crash" or "profit taking" . . .
Bitcoin just pulled back like $ 2,200 . . . I always make pretend BUYS in my head during the day, most of the times the AI Bear psyches me out 95% of the times ! UGH
Many big crypto players pulling out 100% saying the BTC has peaked and they want to go risk off now. UGH !
Yeah, I don’t blame them. This isn’t good. By all measures stocks are way overvalued.
Buffett Indicator: The percent of total market cap relative to GNP
The percentage of total market cap (TMC) relative to the US Gross National Product is used to measure the overall valuation and predict the potential returns of the stock market.
Bitcoin is highly correlated with global liquidity. Therefore if inflation raises its ugly head again, things will get worse.
