/biz/ - Business & Finance

There are people paid for shilling in this board.

what's going to happen when all the Bitcoin that was bought with debt starts to get margin called?

so much of the buying this bullrun is based on the assumption that it will never crash again. I think that is ripe for a black swan type of event (actually a white swan).

>listening to Michael Saylor, the new 105 IQ leader of bitcoin maxis
>"bitcoin won't go down or be volatile anymore like it used to be in the past, so us corporate America CFOs are buying bitcoin"
>"I'm taking loans out against my bitcoin that way I don't have to pay taxes teeheehee"
>"the new buyers of Bitcoin like me who bought at 30k+ have strong hands and don't sell"
am I the only one who notices that he's either going to get margin called or turn heel ("I was scammed, I'm sorry investors") when bitcoin inevitably does a 85-90% bear

I'm not so much worried about him specifically (he can go fuck himself btw), but what if all the institutions who loaded up on bitcoin have the same idea as him, that volatility is gone from bitcoin and "this time it's different". this could lead to a death spiral down to $3k or lower. remember how we initially pumped in summer 2019 with no retail adoption? yeah, what if all those jews realize the music has stopped. you really think they're going to, as a corporate strategy, adopt religious HODLing and stack sats through another bear?

>tldr Michael Saylor's bulltardedness scares the shit out of me and we really could be dumping more than we did last time because of this retard

>>21617976

>>20028675
date of the unlock ??