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/biz/ - Business & Finance


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29741272 No.29741272 [Reply] [Original]

son of a...

>> No.29741300

based on what?

>> No.29741384

>>29741272
>2 baby dick green candles

Youll be ok bobo

>> No.29741424

Kek this is the deadest cat bounce I’ve ever seen

>> No.29741518
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29741518

I expect to drop it sub 40k but that might be a quicky so I would put the orders in accordingly asap.
It is ALWAYS a 30% correction, so 40k it is... or it's over but then you might as well just tried it anyways

>> No.29741656

I used to be bullish on btc but I'm not anymore
problem is all the btc that has been purchased using corporate bonds and other debt instruments
MicroStrategy alone has taken out over $1b in debt to buy btc
>This week alone, MicroStrategy announced that it had acquired nearly 20,000 tokens for an average purchase of $52,765 per coin after issuing $1.05 billion in convertible bonds.
they are also talking about taking out more debt
>Michael Saylor says he will consider issuing more debt in order to help finance the company’s purchase of Bitcoin
this means that MicroStrategy may be forced to unload billions of dollars worth of btc on the market if interest rates continue to rise

>> No.29741678

>>29741272
It's okay bobo, we will hit 40k today

>> No.29741763

>>29741656
Michael Saylor is our guy he would never do that he's in it for the long term.

>> No.29741840

>>29741763
he would have no other choice
he needs enough liquidity to cover the bonds

>> No.29742204

>>29741656
imagine going along with anything Jack Dorsey shills. BTC is being adopted by the monsters it was supposed to fight.

>> No.29742247

>>29741763
he owns 90k btc. what is his endgame? to be a bank?

>> No.29742380

>>29742204
>>29742247
you had over 10 years

>> No.29742392

another bull larping as a bobo

>> No.29742419

>>29742380
held for 8 which is why igaf. suck it.