Would love to. Now Saylor has well and truly hitched MS to the BTC wagon - any falls in BTC has investors dumping MSTR stock (MSTR down almost 50% in last 6 months).
That's why he is a obsessive, prolific spouter of all sorts of magical statements about BTC. Some say he's trying to make up for some massive dotcom losses back in the day. I think he's a dangerous man, him and his 'pals' all making insane price predictions. He says he'll never sell. Of course he will say that. The sheer number of people that believe this 'BTC pastor' is scary and shows sheep mentality. Especially now he's convinced Fidelity to allow 401(k) allocations. He's seeking new money inflows into the Ponzi.
BTC as an inflation hedge? it's down 36% in last 6 months. = FAIL
BTC as a decentralised global currency? Wild price swings, slow/expensive transactions & no real adoption. = FAIL.
BTC as a store of value (or digital gold). See first point. = FAIL
Once the real price collapse gets going, things will be very interesting. MSTR stock will be savaged. I'm sure there is a good chart showing the hype/mania stage and where we'r at. We have ETF's now (futures and some spot), derivatives and huge leverage. US Pension funds going in and now 401(k)s. Everyone's wanting in to get rich. The every early have done ver well. Everyone else? A bit late...
The 5c Club, page-16
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Last
$1.41 |
Change
-0.045(3.10%) |
Mkt cap ! $1.582B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.40 | $17.56M | 12.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 90030 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 114400 | 4 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.40 |
Change
-0.045 ( 3.09 %) |
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| Open | High | Low | Volume | ||
| $1.46 | $1.46 | $1.40 | 4967633 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| ZIP (ASX) Chart |
