/biz/ - Business & Finance

they don't have to sell as long as they can pay the interest

Nigger he ain’t on margin dumbfuck

>>52320131
He is going to harm himself

>>52320170
this, it can drop all the way down to 3.5k without affecting him

does he have to pay more interest when the fed raises interest rates or did all the people that loaned him money before the fed raised rates get fucked

>>52320160

Which they can't or will at least significantly struggle to do when btc hits 15,737.

Why do you think16k is being so vigorously defended

>>52320160
This. /biz/ really does not understand debt or credit.

>>52320160
oh and if they dont sell it will magically go up to 200k in a high interest rate environment and everything will be ok suddenly, despite the fact that most non fradulent liquidity in the system is just people buying 3 grams of weed from their darknet market supplier

>>52320131
not at all. He is going to lose a bunch of boomers funds for the third time in 3 decades. not bad for a professional fraudster

>>52320131
>trusting a known scam artist

>>52320196

I'm talking about microstrategy not saylor.

Two very different kettle of fish.

Saylor's comments about 3.5k bitcoin liquidation price are bs - there is simply no way he's able to service the silver gate loan which is probably edging close to 1 bil in interest alone.

>>52320160
what interest

>>52320324
>oh and if they dont sell it will magically go up to 200k
Muggler here, what is the timeframe for BTC to 200K?

How probably solded already

>>52320650
thus

>>52320642
your guess is as good as anyone's. could be never, could be in 2 years, trying to predict means having a crystal ball. it depends on the global economy, geopolitical situation, interest rates of central banks, people's appetite for risk, etc. too many factors

>>52320131
>Bitcoin eventually does go to 200k
>Saylor ropes before it happens out of humiliation
This + Ecuador defaulting would make me so happy

>>52320160
Do you think the loans were at (low) fixed rates?

>>52320915
probably. corporate loans are some of the lowest interest rates you can get. it might very well be that saylor will be fine in the end, despite people like you and me wanting him to go insolvent just for the kino

it just broke

SIR DO NOT DO THE NEEDFUL TO EQUITIES SIRS PLEASE BLOODY BASTERD BUTCH

>>52320849
>trying to predict means having a crystal ball
I feel like a fool now, been caressing my balls for years whenever I tried to predict things.. The worst thing is that my mom has a lot of crystals, some small enough that I could have tapped them to my testicles and made a lot of money from accurately prediction the market.

live and learn I guess.

We're getting really close anons

>>52320131
Michael Sailboat

wait did he get liquidated ? that was fucking close..

>>52320382
Bearish as fuck. We are fucked.

>>52320131
>illiquid at $15,737 btc
We went below this price momentarily. Maybe the market is just out to kill him off then bounce