Oddbean new post about login | logout @saylor is a scammer, change my mind. #Peterisright MSTR is already down over $115 million on the #Bitcoin it just bought with borrowed money. I wonder why @saylor always borrows money to buy Bitcoin after a big move up. It looks like his true intention is to manipulate the Bitcoin price higher as he dumps his own $MSTR shares. https://image.nostr.build/e3bba90ead21ce4e54e9ae710191b743e157c00e5e69bc2bcd64e29687736a95.jpg nostr:nevent1qqsrt45tdkv08gjmuu6y0wstvnz4lu5zmsxkv0qkyaqv3ehzgqfrmlqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg8zenmu7gzq8ulj5jj4kv50ph3muwz43f747vmr9ld2alrjdswgavpsgqqqqqqs2sqf9p
This argument doesn't make much sense to me. Do you think this will still be a loss in 6 months or a year or at really any other time going forward? How do these short term moves matter at all?
Saylor is literally leveraging his company that doesn't make anything but to buy Bitcoin over the expense of their investors which are being used and dumped on, that's the first thing to consider so it's just a pyramid scheme. https://image.nostr.build/f7b5a52d89157c3cf4e00bf02a44176c18ad13fb8945f32af82a609196477680.jpg
Their cash flow doesn't seem to be a problem. It's a speculative attack on the dollar in an effort to acquire the most scarce asset to ever exist which just makes his company more valuable... which is ultimately good for investors, no?
I mean, I would never recommend buying any stock over bitcoin, but has the price performance of his stock suffered, or are people buying it because he is outperforming the rest of the market?
Leverage the investors is good for them? I don't think so, he should at least be actually building something on the bitcoin protocol imo.
What has the price of the stock been doing?
Walking on the edge of leveraging https://image.nostr.build/c937e31fa949ef6589d4830ee8d6ae2a3e3ce68751431860bf6cd3b5e7242c25.jpg
There's plenty of analysis out there on this. From Twitter threads to podcasts. https://x.com/BitPaine/status/1768634216651350298?t=Y9lpRWar3nrdJECHQOdN8w&s=33 https://x.com/BitPaine/status/1768635216573460488?t=PzmhFes8R8FwXarB-2r81A&s=33 https://twitter.com/WalkerAmerica/status/1766179253895233956 https://twitter.com/real_vijay/status/1764763733207949647?t=HEP2gGcc8IPSYNcESwSVKg&s=19 https://twitter.com/adam3us/status/1768641513578234038?t=4gsgkbQjQtWkVusI5Ommjg&s=19
