bitbybit on Nostr: Correct that's not the argument. Why would you purchase bitcoin 2x-3x the market ...
Correct that's not the argument. Why would you purchase bitcoin 2x-3x the market price of bitcoin?
What is Microstrategy doing as a business that makes their bitcoin worth 2x more?
Hint: they are doing nothing, we just have simps that watched a few YouTube videos
Called the NAV top a month ago and the bag holders/exit liquidity just can't part with their positions. The only winners here are the convert bond buyers; none of which are here.
Published at
2024-12-23 02:37:54Event JSON
{
"id": "cbd1ac0747dfbb3373eb029ffb9107bed8e3ed5a8d3dfa638c1f5ad31b9e8988",
"pubkey": "3e0c0b7ec13c50a4b0bbb7ac8b750ff8ab0f13b80d8ff96e30499fd40cda8a9e",
"created_at": 1734921474,
"kind": 1,
"tags": [
[
"e",
"a09af2e486cb0c387d9f69982f4412d18698d885cabcf45fc2171f1922e05157",
"",
"root"
],
[
"e",
"dfc5265d4026ab828370fa1a782684b5b139b89363bc2fbcf4faf23731538d46",
"",
"reply"
],
[
"p",
"fe2d5cf62e95aab419b07b6f8a7b75d3cb3066fae25c6b44ace0f9f30c59303d"
],
[
"p",
"1afe0c74e3d7784eba93a5e3fa554a6eeb01928d12739ae8ba4832786808e36d"
],
[
"p",
"7b394902eeadb8370931f1903d00569545e84113fb6a09634664763be232009c"
]
],
"content": "Correct that's not the argument. Why would you purchase bitcoin 2x-3x the market price of bitcoin?\n\nWhat is Microstrategy doing as a business that makes their bitcoin worth 2x more?\n\nHint: they are doing nothing, we just have simps that watched a few YouTube videos\n\nCalled the NAV top a month ago and the bag holders/exit liquidity just can't part with their positions. The only winners here are the convert bond buyers; none of which are here.",
"sig": "23e3e8f290f0d3075ceb123482a8f9fd8637707f45308f615fad2488e3d8ae7eff4e00659252a38cb2028fe980ef0244d1af431a3c019be5d4e1ddcd49411868"
}