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/biz/ - Business & Finance


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54511467 No.54511467 [Reply] [Original]

I don't understand what his play is? Either be the worlds richest man in 10-15 years or die trying?

>> No.54511643
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54511643

>>54511467
He's going to be the guy that thoroughly kills BTC when he is forced to dump his leveraged position.

>> No.54511644
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>>54511467
Yes that is his play and it's unfathomably based. But headlines like this teleport me to a future where there's a documentary about how retarded he was for buying up the whole supply of something that went to zero.

>> No.54511672

>>54511643
Wont happen unless Bitcoin some how stays <29k for the next 5 years

>> No.54511725
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54511725

Huh if one entity owns too much BTC, won't that increase the odds of everyone dropping it?

>> No.54511747

>>54511672
his loan is for 5 years, starting from 2020/2021. That means 2 more years of crabbing is all it needs to liquidate him

>> No.54511750
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54511750

Microstrategy stock is still multiples of what it was before his first purchase. He made exponential amounts of wealth compared to stacking the “melting ice cube” of cash.

The man seems to have a low time preference and will likely be more successful then CEOs focusing only quarter to quarter.

>> No.54511764

>>54511467
i wonder if he has a bunch of secret children. why else whould he care to obtaain wealth. he's gonna be deaderino soon anyway. OR will he become a Christ and donate all his bitcoins to improve the world somehow. that would be so cool

>> No.54511775

This is why Bitcoin will never be an alternate current, this guy becomes ruler of the world.
Just remain a greater fool asset that we hope becomes worth more fiat.

>> No.54511779

>>54511775
your an even greater fool if you hold dollars/euros/fiat

>> No.54511819

It's pretty simple and brilliant. The whales can keep the price down for so long when that level of supply is in cold storage.

>> No.54511826
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54511826

>>54511467
Microstrategy is funded by glowies and DARPA

They want to get their hands on Bitcoin

>> No.54511837

>>54511747
so long as he keeps paying the repayments he will never be liquidated

>> No.54511856

>>54511467
If he fails, he's still rich. He has literally nothing to lose, it's not only his money buying all that BTC. He literally does not give a shit and finds this hilarious, true chad.

>> No.54511863

>>54511826
>this wojaktard thought likely from the same people who claim Bitcoin was made by DARPA.

>> No.54511963

>>54511643
You know what they say; if you owe them billions you own the bank

>> No.54512368

>1 of 150
What about the synthetic bitcoin?

>> No.54512422

he already has ~10,000 bitcoins he bought reasonably late but still averaged around $10k a coin
everything else from his company's 140k bitcoins are bought with investor money. he hasn't had to put a cent up himself. he loses nothing.

>> No.54512464

>>54511775
With the CBDC rollout we'll be eating bugz and live in ze pod soon enough.

>> No.54513114

>>54511467
>>54511643
>>54511747
>>54511775
>>54511826
https://money.cnn.com/quote/shareholders/shareholders.html?symb=MSTR&subView=institutional

>> No.54513642

If you aren’t allocating, at least, some of your portfolio to $MSTR, are you really trying to make it?

>> No.54513663

>>54511725
Yep. Which is why Buffet said he wouldn't pay $5 for all the Bitcoin in the world.

>> No.54513724

>>54511764
He's running an education thing for Bitcoin maybe will continue that

My gut instinct is that Saylor is a spook and sort of implanted himself as a major player in the last couple years.

Since then he's tried to make mining ESG compliant, but a lot of the other stuff has been okay. This Twitter is cringe bots trying to get engagement so this is another fake aspect.

The other is he's from a military family went to MIT on ROTC scholarship.
Then he had an "undisclosed illness" and went to business intelligence.

DoD recruits from MIT just look at Jason spook Lowery


So imo Saylor is rich because he's loyal to his guys, and this is all a show just like Elon musk is a show. At the end of the day they try to leverage those coins.

>> No.54513745

>>54511863
Bitcoin was made by cypherpunks, but Saylor has ties to military intelligence from his family and education background

>> No.54514655

>>54511826
this desu

>> No.54514688

>>54511764
Its not like hes geriatric. Hes got plenty of life left and time to have a good time. Could even father a dozen more kids.

>> No.54514702

What's the point, if he sells even 10% it goes to 0.

>> No.54514782

>>54511467
He's just a crook. Always has been. I don't understand why people put so much trust in him.

>> No.54515030

>>54511467
>10-15 years
You mean 2-3 years, but yeah, probably.

>> No.54515082

How did he get the money to buy all that BTC? Loans?

>> No.54515110

>>54511643
/biz thoroughly debunk this meme years ago. Saylor has full autonomy of his firm until 2030, which means he could give fuckalls about the price until that date. Bitcoin could crash to 3 dollars tomorrow and absolutely no one can force him to sell one sat

>> No.54515152

>>54511826
He's a MIT grad, so it's plausible. He always gave me that vibe.

>> No.54515171

>>54514782
They think they can use his insights to get rich. What they don't realize is they're being bullshitted.

>> No.54515727
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54515727

>>54511467
BTC is not even Bitcoin.

>> No.54515779

>>54515110
>/biz thoroughly debunk this meme
Go back to >>>/r/eddit, pajeet

>> No.54515841

>>54515727
This, Salor is setting himself up to the the world's biggest bag holder.
Although I don't think any forks of Bitcoin will win huge aportion now either, community that wants real Bitcoin back is too fragmented and demoralized.
ETH or an ETH killer will win.

>> No.54515891

>>54515727
bitcoin was flawed from the beginning if the intention was personal liberty
having a public record of all transactions is straight out of 1984

>> No.54515906

>>54511467
This is why BTC won't moon.

>> No.54515920

>>54513663
>wouldn't pay $5 for all the Bitcoin in the world.
lmao, buffet cope

>> No.54515943

>>54511467
what will happen if he forgets his password?

>> No.54515968
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>>54515920
>lmao, buffet cope

>> No.54515980

>>54515968
Nice gif bro

>> No.54516051
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>>54515727
>>54515841
Pajeets trying to pump bobs show vagene(ticker: bsv) made this image. You can tell because the center column doesn't even make sense with the right column on most of the points. What they don't know is that most of those red Xs apply to bitch shahala Vishnu(ticker: bsv) than even bitcoin(ticker: BTC).

>> No.54516809
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54516809

>>54511467
Hopefully I'll break even soon

>> No.54516854

>>54511467
He's the face of government takeover of mining and development.

>> No.54516873

>>54515841
You are simply too dumb to contribute ITT. ETH? Or ETzh killer? Over BTC? For monetary network purposes?
Kys

>> No.54517042

>>54511644
I nutted so hard