[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 34 KB, 1200x675, Bitcoin-2.jpg [View same] [iqdb] [saucenao] [google]
49610858 No.49610858 [Reply] [Original]

1.2k away from margin call, jesus croissant

>> No.49610893

>>49610858
We had this thread 20 times today.
Do we need to explain again that he doesn't get liquidated?

>> No.49610995

>>49610893
proofs?

>> No.49611061

>>49610893
nah you don't get away so easy after half this board worshipped this guy for months for being an alleged genius

>> No.49611063

>>49610858
His position is massive, of he get liquidated the rest of the market is royally fucked.

>> No.49611080

>>49610893
Some of us wage slave, spoon feed me

>> No.49611112

And that's a good thing. All leveraged fags should be liquidated.

>> No.49611146

you can tell who has no idea how leverage and debt works by these retards claiming he has a liq point. MS will continue to make their payments and continue to own their coins.

>> No.49611225
File: 572 KB, 1373x1409, F7DFE6B7-B9FA-41FF-8A8F-A7BAAF87A040.jpg [View same] [iqdb] [saucenao] [google]
49611225

>>49610893
Nope.

>> No.49611270

>>49611146
What just raise their already insane debt level as interest rates rise? Sounds like a great idea, very sustainable

>> No.49611293
File: 40 KB, 500x500, heavy.jpg [View same] [iqdb] [saucenao] [google]
49611293

>>49610858
I kinda don't and do want this to happen at the same time. My body is ready.

>> No.49611415

>>49611270
do you think bitcoin at a sub $22k price is sustainable?

>> No.49611459

>>49611270
Doesn't matter what you think about it, it is what it is, there is no liq point as long as they make their payments.

>> No.49611494
File: 25 KB, 618x455, eba.jpg [View same] [iqdb] [saucenao] [google]
49611494

>>49610858
It's coming

>> No.49611536

>>49611415
Bitcoin hasn’t been tested in a bad economy. This will be a test to see if crypto is here to stay or if it was just a Ponzi scheme. Ultimately it’s up to the whales, if they all sell then it will collapse below 10k and fall into obscurity permanently

>> No.49611542

>>49610893
He will have a chance to post collateral, but if he can't he will get liquidated

>> No.49611568

There is no way he hasn't start unloading his bags. Hell, most of this dump is probably him unloading parts of it.

>> No.49611728

>>49611536
bitcoin is deflationary. have a look at how other deflationary assets perform in a bad economy
>if it was just a Ponzi scheme
bitcoin isnt a ponzi scheme, a 10 second google search can teach you what a ponzi is

>> No.49611838
File: 33 KB, 435x451, IMG_7599.jpg [View same] [iqdb] [saucenao] [google]
49611838

>>49610858
>I heard MICHAEL SAYLOR gets LIQUIDATED at $21K on /r/Bitcoin today!

>> No.49611910

>>49611536
There just isn't enough exit liquidity for people to cash out. UST is still partially to blame. USDT is shaking and USDC is at the whims of a bald headed faggot in charge of a company on the verge of bankruptcy. If all these retarded panic sellers weren't all attempting to cash out into king shitcoin, aka USD, at the same time this wouldn't be happening.

>> No.49612176
File: 109 KB, 933x918, FJ5kJsYXwAEhmrZ.jpg [View same] [iqdb] [saucenao] [google]
49612176

Did somebody say McDonalds?

>> No.49612205

>>49610858
all fud
not true

>> No.49614020

Never bought more than I could afford to lose. Will. Not. Sell.

>> No.49614210

>>49610893
So far only Melvin was able to close a $2trillion short position on a 5 minute candle with barely any volume.
If that guy is going to pull off something similar then it's obvious (((who))) he's associated with.

>> No.49614300

>>49611415
it's been below 22k longer than it's been above 22k, so yes, it would be quite normal

>> No.49614337
File: 331 KB, 517x768, 1563565999991.jpg [View same] [iqdb] [saucenao] [google]
49614337

Here comes $21k

>> No.49614439

>>49614337
oh god i'm cumming

>> No.49614490
File: 29 KB, 1180x282, 21k.png [View same] [iqdb] [saucenao] [google]
49614490

21 handle
14 handle by eod tomorrow

>> No.49614527

we're close so lets just do it
i want to see it

>> No.49614537

>>49611415
Why wouldn’t it be sustainable? You’re asking the wrong question dummy

>> No.49614541
File: 42 KB, 696x400, 46691929-A647-4BDE-A2EC-047E0FFB3A85.jpg [View same] [iqdb] [saucenao] [google]
49614541

I SAY BITCOIN IS
YOU SAY DIGITAL PROPERTY

BITCOIN IS

>> No.49614550
File: 4 KB, 294x327, Capture.png [View same] [iqdb] [saucenao] [google]
49614550

>>49614490
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.49614560
File: 1.95 MB, 996x984, darci.png [View same] [iqdb] [saucenao] [google]
49614560

dropping like a stone, i'm edging to hard right now

>> No.49614574

>>49610858
lmao

will buy some buttcoin at 5k next week

>> No.49614580

>>49611112
Based and hodlpilled

>> No.49614649

>>49610858
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH $600 AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH $600 AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH $600 AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH $600 AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH $600

>> No.49614787

22 to 21.5 in 4 minutes

>> No.49614791

DO IT DO IT DO IT DO IT

>> No.49614853
File: 47 KB, 1000x563, dan-pena.jpg [View same] [iqdb] [saucenao] [google]
49614853

>>49611415
Any btc price above 0(zero) is unsustainable

>> No.49614856

>>49610858
Some of the shit he says about bitcoin is retarded af. In 5 years he's either going to be rich af or broke. Almost can't wait to see which

>> No.49614969

>>49611728
Btc no, however I'd argue the majority of defi was most certainly a ponzi. That on top of the already dismal macro outlook over the next 2 years is enough to take btc back to very low levels.

>> No.49615056

>>49614969
since bitcoin isn't run by an individual, we can infer it's a ponzi by the way it operates
saylor was literally telling people to take loans on their houses to buy bitcoin at 60k

>> No.49615234

>>49615056
thats still now how a ponzi works

>> No.49615309

>>49611061
I’ve never seen a single positive post about Michael Saylor on this board and I’ve been here for 5 years.

>> No.49615390

>>49615234
yes, bitcoin ownership is not dollar ownership, therefore as long as someone has their bitcoins, they got what they asked for
functionally, it doesn't matter
if it walks like a duck, and quacks like a duck, it's most likely a duck

>> No.49615433

>>49615056
>>49615234
lets be honest he's been selling on the way down to pay for collateral

>> No.49615435

>>49611061
> this board worshipped this guy for months for being an alleged genius
what?
you need to go back to r/bitcoin anon

>> No.49615453

>>49610858
>$400

>> No.49615482

>>49615390
google what a ponzi is. you're clearly clueless

>> No.49615506

he will double down
just watch the green dildo at 21200

>> No.49615512

>>49610858

IF I WERE MICHEAL SAYLOR I WOULD BE WATCHING THIS DISASTER FROM THE POOP DECK SO THE MESS WILL BE EASIER TO CLEAN

>> No.49615583

>>49615506
no he won't, no bank is going to loan him money to buy more buttcorn

>> No.49615609
File: 51 KB, 900x900, AATXAJwHtNQ3gmC4UgCGIxfF0vHwovhxbhEWPzHmcw=s900-c-k-c0xffffffff-no-rj-mo.jpg [View same] [iqdb] [saucenao] [google]
49615609

>>49610858
Are they trying to make him loose his position?

>> No.49615656

21.2k
GO GO GO GO
GO GO GO GO
GO GO GO GO

>> No.49615660

>>49615482
you make it sound like ponzi is a narrowly defined term, might be time to get in touch with reality

>> No.49615668

>>49615506
>21160 and falling

>> No.49615670

Less than 200$ away. I want to see the exact moment this fuck's millions go up in smoke.

>> No.49615691

almost

>> No.49615716

>>49615512
hehe poopiees

>> No.49615728

this is loss porn

>> No.49615746

>>49615728
It is glorious

>> No.49615762
File: 368 KB, 1280x720, KEK.jpg [View same] [iqdb] [saucenao] [google]
49615762

LET'S GO

>> No.49615806
File: 121 KB, 352x338, 1633541312325.jpg [View same] [iqdb] [saucenao] [google]
49615806

DUMP IT

>> No.49615818
File: 861 KB, 600x900, 1638189627606.gif [View same] [iqdb] [saucenao] [google]
49615818

my 401k is mostly MSTR

>> No.49615836
File: 2.61 MB, 768x432, 1653001645799.webm [View same] [iqdb] [saucenao] [google]
49615836

so satisfying

>> No.49615845

>>49615660
well yes, it is.
let me simplify it for you.
users pay into a pot with a specified APR. this APR is generated from new users joining the pot. ponzi works so long as users/pot increase. once pot/users decrease all the money is gone.

now tell me how this is relevant to bitcoin?

>> No.49615888

>>49610858
>>49610995
>>49611063
>>49611494
>>49614541
he wont be liquidated you fucking retarded children
https://twitter.com/saylor/status/1523996525151539203

captcha: no gas

>> No.49615894

>>49615836
very cool video thank you anon

>> No.49615898
File: 266 KB, 873x655, FUCK.jpg [View same] [iqdb] [saucenao] [google]
49615898

>>49615818
>Not your keys
>Not your coins

>> No.49616101

>>49615845
yes, a specified apr is THE DEFINING ASPECT of a ponzi
seriously? c'mon man
there's obviously been plenty of that in the crypto space, with regards to staking
but don't think bitcoin gets off the hook, we all know what a ponzi is, and when the unofficial bitcoin spokesmen are saylor, keiser, etc., it's a ponzi
when is the time to buy? always. when is the time to sell? never.

>> No.49616269

>>49616101
yes. literally every single ponzi offers an apr.
some non-ponzi's offer apr, but all ponz's offer apr.
>there's obviously been plenty of that in the crypto space, with regards to staking
yes, some. not bitcoin
your schizo ramblings dont change reality. just because some maxi's are perma bulls doesnt make bitcoin a ponzi

>> No.49616271
File: 132 KB, 1297x1034, bobo-holding-red-candle.jpg [View same] [iqdb] [saucenao] [google]
49616271

Damn we going all way down i should put more money into this short

>> No.49616296

>>49610858
Hey Mike, check again XD

>> No.49616362
File: 248 KB, 1914x745, LOL.jpg [View same] [iqdb] [saucenao] [google]
49616362

$9

>> No.49616379

rip

>> No.49616433

literally 21k on the dot on coinbase

>> No.49616434
File: 770 KB, 500x666, frog.png [View same] [iqdb] [saucenao] [google]
49616434

It hit $21,000 on the dot on Coinbase Pro.
kek

>> No.49616476
File: 6 KB, 659x650, sellplebbit.png [View same] [iqdb] [saucenao] [google]
49616476

>> No.49616492

20988

>> No.49616512
File: 1 KB, 112x95, file.png [View same] [iqdb] [saucenao] [google]
49616512

there you have it

>> No.49616519

annnnd it's below

>> No.49616520

In two years retards will be talking about how rich they would be if they had gone all in when Bitcoin dipped below 20k.

>> No.49616657

>>49616520
in 6 months they'll be talking about their life was ruined when they bought a useless token for 20k

>> No.49617355

>>49616657
lol, if BTC dies then crypto has failed and IDGAF

>> No.49617827

>>49617355
Not true.
Bitcoin has truly rubbish tech and only lived on first mover advantage.
There will be long term winners.
Bitcoin will not be one of them, people will look back at it and ask themselves "why they fuck did they buy this slow, expensive, shitty UX piece of shit"?
Deluding themselves with new narratives every 3 years, digital gold... FUCKING LOL!!!

>> No.49618274

>>49617827
>Bitcoin
BTC is not bitcoin btw.

>> No.49618823

Oooooooooo Michael, someone's on the phone for you, sweatie

>> No.49619108
File: 27 KB, 473x473, 1593033433461.jpg [View same] [iqdb] [saucenao] [google]
49619108

>>49615836
>no gloves