/biz/ - Business & Finance

[Anonymous No.58006332]

AHAHAHAHAHAHAHAHA

[Anonymous No.58006378]

>>58006332
What?

[Anonymous No.58006394]

>>58006332
translation? i'm finances illiterate

[Anonymous No.58006393]

>>58006332
That's incorrect sir, Linkies said the BTC dump was because of their token pumping

[Anonymous No.58006397]

>>58006332
first trillionaire in the making
we don't deserve him

[Anonymous No.58006440]

>>58006332
source?

[Anonymous No.58006451]

>>58006378
>>58006394
The selling was a failure so they dumped the btc

[Anonymous No.58006480]

>>58006332
I dont get the last part
Profit/loss statement pocketed? Its just a balance sheet

[Anonymous No.58006532]

>>58006332
>>58006451
I hate being finance illiterate
even with your explanation I have no idea what any of this mean

[Anonymous No.58006559]

>>58006532
he doesn't either.

[Anonymous No.58006567]

>>58006451
Your explanation explained nothing.

That whole shit reads like it's from Rick and Morty

>First, you take the dinglepop, and you smooth it out with a bunch of schleem. The schleem is then repurposed for later batches.

>Then you take the dinglebop and push it through the grumbo, where the fleeb is rubbed against it. It's important that the fleeb is rubbed, because the fleeb has all of the fleeb juice.

>Then a Shlami shows up and he rubs it, and spits on it.

>Then you cut the fleeb. There's several hizzards in the way.

>The blaffs rub against the chumbles, and the plubus and grumbo are shaved away.

>That leaves you with a regular old plumbus!

>And Saylor pocketed that plumbus

[Anonymous No.58006595]

>people are doing rick and morty comparisons on /biz/
Top signal

[Anonymous No.58007145]

>>58006532
It honestly reads like nonsense to me. Initially I thought that a fund had gone long on BTC to cover the difference between BTC and MSTR, they decided to close the position at market close dumping the price of BTC. I don't know how this increased the MSTR premium or how Saylor is supposed to profit from it enough to buy more Bitcoin unless Saylor sold MSTR because of it.

[Anonymous No.58007287]

for the retards ITT:
>be fund
>understand that MSTR is a bitcoin holding company
>see MSTR trading >50% above the notional value of it's BTC holdings
>short MSTR, hedge w/ long BTC
>MSTR premium keeps going up because fuck you lol
>get blown the fuck out on the MSTR short, forced to buyback to close
>dump the BTC because the hedge is no longer relevant
and the rest, they say, is history

[Anonymous No.58007337]

>>58006567
Okay we didn't need a Reddit spaced greentext either though.

[Anonymous No.58007394]

>>58007287
So how much btc did they exactly dump, to actually have that dramatic of an impact? And how did Saylor even profit from that

[Anonymous No.58007399]

>>58006567
...epic

[Anonymous No.58007451]

>>58006332
no, its because I pumped DOGE and SHIB last night

[Anonymous No.58007454]

>>58007287
lmao, this fucking stock mang

[Anonymous No.58007485]

>>58007145
He profits on both sides of the trade. Win or lose, he always wins.

[Anonymous No.58007507]

>>58007394
>So how much btc did they exactly dump
dunno, I'm just here to shitpost mainly
>And how did Saylor even profit from that
he can print MSTR shares at-will, use them as collateral in a CDO, acquire cash, and use that to buy more bitcoin, effectively locking in profits by selling high (MSTR stock) and buying low (BTC). And since he pays essentially no interest, it's like he's buying BTC with cash at a price that is the inverse of the premium (i.e. at a MSTR premium of 100% it's like buying BTC half off).

[El Arcón No.58007512]

new implant
?

[Anonymous No.58007515]

>>58006332
of course there will be a time when BTC dump, what are you retards expecting? to go always go up?
diversify your portfolio, invest in other projects, low market ones if you dont have enough money, like XRP or $SUPER

[Anonymous No.58007740]

>>58007515
But why sell the winner to buy the losers?

[Anonymous No.58007767]

>>58007740
examine btc/eth (or really any btc pair) to see why trading is a good idea

[Anonymous No.58007801]

>>58006567
you wrote this...

[Anonymous No.58007865]

>>58006332
>>58006451
>>58006532
>>58007145
there isn't even a premium wtf microstrategy just a stock with shares and the company microstrategy has bitcoin on its balance sheet. it's not an etf so there's no premium

[Anonymous No.58007885]

Does Microstrategy DO anything besides by Bitcoin and shill the balls off of it while fudding everything else?

[Anonymous No.58007899]

>>58007287
the company microstrategy has other speculative value like turning into a cryptocurrency tech company like binance or something idk, but it's not 100% for bitcoin itself...

[Anonymous No.58007923]

>>58007287
>>58006332
these types of fund managers are so fucking retarded yet they're still able to raise multiple millions in capital. you know its some braindead idiot who used to trade for a wall street bank because they love spread trades & their egos are so massive they leverage it to the tits and get their ass gaped whenever the correlation inevitable breaks.

[Anonymous No.58007949]

The text from the image is discussing a financial event involving Bitcoin (BTC) and MicroStrategy (MSTR) stock. Here's a simplified breakdown:

1. A fund (like a big pot of money managed by professionals) made a huge bet (over $1 billion) on the difference in price between MicroStrategy stock and Bitcoin.
2. They ended the bet ("covered") at the end of the trading day, which caused Bitcoin's price to go down and MicroStrategy's stock to go up.
3. The profit from this event ("PNL" stands for Profit and Loss) was collected by Michael Saylor, who is associated with MicroStrategy.
4. The text suggests that the profit will be used to buy more Bitcoin ("put back into BTC").

In simpler terms, it's like betting on two horses in a race and then ending the bet before the race is over, which influences how the race finishes for the other people betting. The person who made the bet ends up making money and decides to use that money to bet on horses again.

[Anonymous No.58007968]

>>58007287
ty for explaining, i am indeed a retard

every stock seems to have a massive premium, that spread trade doesn't look like a smart idea at all.

[Anonymous No.58008090]

>>58007899
>speculative value like turning into a cryptocurrency tech company like binance or something idk
not really, Saylor has made it pretty clear what he's doing, he is very public and transparent about every move he makes.
>it's not 100% for bitcoin itself
look at the multi-year chart of MSTR and you will see that almost all of the price action since 2020 is nearly 100% correlated to the price of BTC. Yes, there is a company which operates beneath that, but it's been stagnant for years and represents very little of the marketcap. Saylor himself labels MSTR a BTC holding company. Essentially none of the price movement has anything to do with MSTR the operating company which has been priced in and stagnant since before they started buying BTC.
>>58007923
It's just plain arrogance at the end of the day. The "smartest" guys with ivy league pedigrees and a life without the slightest bit of hardship see "an obvious trade" and literally cannot even conceptualize how it could go wrong. Their whole life, they have had everything handed to them on a silver platter. Losing doesn't even exist in their universe until, well... yeah.

[Anonymous No.58008131]

>>58006567
toasting in a legendary bread

[Anonymous No.58008140]

>>58006567
go back fucking faggot and never come here again

[Anonymous No.58008157]

>>58006567
Hahahahahahha

[Anonymous No.58008248]

>>58007968
>that spread trade doesn't look like a smart idea at all.
It's a "smart" trade but not necessarily a good one. Same kind of thing blew up LTCM which was a fund full of eggheads. They produced 50% yearly returns for a few years then exploded violently due to a spread blowout "that technically shouldn't be possible". The biggest weakness for the intellectual trader is placing absolute faith in their models and ignoring their points of failure; an act of hubris which leads them to underestimate risk.

[Anonymous No.58008345]

>>58006567
Perfect explanation. Going long $100k otm faggy delights tomorrow morning.

[Anonymous No.58008360]

Ok now straight to the real question: how and when will that turn into a black swan event?

[Anonymous No.58008430]

you close a short by buying, not selling

[Anonymous No.58008503]

>>58007287
you forgot the last part
>saylor uses the opportunity to raise more money and buy more bitcoin, which is now relatively down from the move

[Anonymous No.58008518]

>>58007287
The premium didn't go up in these last hours though, only right before close.

[Anonymous No.58008532]

>>58008360
asking that question should be in the midwit anthem
a black swan is an event that nobody sees or predicts

[Anonymous No.58008549]

>>58006567
Redditor

[Anonymous No.58008892]

>>58006567
200 IQ CHAD

[Anonymous No.58009423]

>>58006567
LOL you sir have won the internet for the day

[Anonymous No.58009451]

>>58007885
for the first 30 or so years the company sold business intelligence software. Then Michael heard about Bitcoin and decided to take a loan out using his company as collateral to buy as much Bitcoin as he could.

[Anonymous No.58009471]

>>58007287
>>58007949
Proof humans are still more intelligent than LLM.

[Anonymous No.58009480]

>>58007923
>wall street
>tons of money at your disposal, but the biggest firms basically have "undo" cheat codes
>make the company a bunch of money
>think you're hot shit
>"heh, these crypto kiddies don't know they're trading against a PROFESSIONAL"
>no more cheat codes
>thisisntlikethesimulations.jpg
>absolutely savaged by a real market
>thanks for the buying opportunity, slick

[Anonymous No.58009490]

>>58007865
It has so much bitcoin on it's balance sheet that it will buy any company on earth that it wants in under 10 years.

[Anonymous No.58009577]

i was going to go all in at 4000, then at 700, and finally bought at 1100 and still buying
i want to get to 100+ shares and hold
my thesis was correct, but i pussied out from going in big, "there is always a better price"
i would be up +1 million by now but im a pathetic amount
still early since 99% of people still talking about shitcoins and have no idea whats going on here, but it all depends on btc, if it decides to do a bigger correction i would be left with no cash
oh well

[Anonymous No.58010725]

Reading this just motivates me to stick to dextools and not get involved in this buffoonery
Seriously, how does crap like this go under the radar for so long?

[Anonymous No.58010742]

>>58006567
Jesus, it's like reading the bridge section in the newspaper. I'm still not convinced that column isn't used to distribute coded orders to deep cover agents.

[Anonymous No.58010888]

>>58009577
I have 175 shares of MSTR all in. Either I ride to Valhalla with Saylor or crash and burn

[Anonymous No.58011150]

>>58006397
Incredible story from MIT and his career in tech and the ups and downs he's had. It's like his whole life was preparing him to HODL and come up with these micro-strategies lol? to accumulate more BTC.

[Anonymous No.58011187]

>>58006567
fucking kek I love you

[Anonymous No.58011323]

>>58008248
Ltcm crisis
First thing i thought of reading this, its been known fir decades that the price of a holding entity moves independently from the value of their holdings since both are freely traded assets
Now i, a max retard, know this how come these pedigree eggheads dont

Also beautiful timing on the fuck you premium go up move setting a precedent for smooth operators to steal retard funds money in the future

In concluding remarks we thought that when institutions arrived they would kill us with their control of the market but yet we have seen the first jeet rug pull whale game costing le mighty institution 1 billion
Many more will follow and topkeks will be had>>58008345

[Anonymous No.58011411]

>>58010888
based and verified tripz
i hope to get a good chunk cheaper

[Anonymous No.58011436]

>>58006332
https://youtu.be/B5if2hthPCs

[Anonymous No.58011444]

>>58010888
Checked and keep putting in that work, money man

[Anonymous No.58011652]

so looking at MSTR books, they have shy of 5 billion in assets (bitcoins?)
the market cap is 20+billion
isnt the entire business just the fact they own lots of BTC?

[Anonymous No.58011661]

>>58011652
nvmd, 90% of their assets are intangible goodwill type shit.
What a pile of shit lol, this clown market gets more sad every week

[Anonymous No.58011684]

>>58008430
Spread trade. Shorting MSTR longing BTC

[Anonymous No.58011805]

Is this true? Can't find anyone else talking about it

[Anonymous No.58011866]

>>58006567
This. So much this! Nice meme arrows btw.

[Anonymous No.58011875]

>>58006394
you don't really have to be "finance illiterate" to understand the whole schematics of this yolo shit

it's not difficult for saylor to raise capital. there's countless uber wealthy elite people out there who want to see him fail and collect on him because he's the little big guy that got in first, so it's all retarded. basically it goes down like this

saylor = BTC maxi religious nut who will do everything in his power to amass as much BTC as he can because he refuses to sell any and thinks everything he borrows against it is worthless anyway and will be more so in the future (so far, he isn't wrong)

versus

the big boys = who think BTC is not nearly as valuable or as revolutionary as saylor thinks, even going so far as to try to margin-call him in the past but that was a complete failure on their part lol. so now they're encouraging him to purchase more loans to buy more BTC hoping in the end to force him to sell big somewhere along the line, causing BTC to dump, so they can accumulate, then pump and dump BTC until it's literally worthless because the big boys are the only ones left buying and selling

[Anonymous No.58012328]

>>58011875
>>58011661
>>58011652
>>58011323
>>58011150
>>58010888
>>58010742
>>58007287
>>58006567
Very useful information, thank you, anons

[Anonymous No.58012547]

So is this good or bad for BTC price?

[Anonymous No.58012629]

>>58010888
>>58011444
Checked Double trips of Truth!!! I'm Buying MSTR for the future man

[Anonymous No.58012683]

>>58006567
I feel embarrassed for you.

[Anonymous No.58013545]

>>58008345
>FD
Lost it everytime. What a weird established finance term

[Anonymous No.58013783]

>>58006567
take my upvote kind sir!

[Anonymous No.58013901]

>>58006567
This... this is going on r/epicgreentexts.
EDIT: Thanks for the gold kind stranger!

[Anonymous No.58013907]

>>58006567
top signal

[Anonymous No.58013937]

>>58007740
>buy something that can give your 'small' starting fund a 10x/100x/1000x
>project has liquidity limits so find something else that will pump with higher liquidity
>eventually come to BTC when you need that level of liquidity only it can provide
But if you're already starting with millions or even around a billion sure you could just stick to BTC

[Anonymous No.58013952]

>>58006567
rape signal

[Anonymous No.58013983]

>>58006567
post of the decade

[Anonymous No.58013997]

I am short of $1.5k to pay for university admission. Can any anon helps me to complete my graduation?

[Anonymous No.58014007]

>>58007287
Good explanation anon

[Anonymous No.58014072]

>>58011875
pretty nice explanation mi.. anon.
yo.. salyor is in big profits at the moment, i wonder if yo.. he is increasing you.. his liability at these prices, if so the big boys would probably be salivating at the prospect of a dump no different to 2020.

[Anonymous No.58014139]

>>58006567
>pro-tip, the dinglepop and the plumber are functional identical.
BTC is just a digital chain letter ponzi scheme. When Satori dumps then you will achieve Satori. Speculate but don't be a maxi-retard, and this pump could be exhausted soon so look out below.

[Anonymous No.58014149]

it's funny how no one here knows what Microstrategy even does because they are a business to business company and thus would have no experience with them

[Anonymous No.58014156]

>>58013997
yes I can and will
check your inbox

[Anonymous No.58014182]

>>58013997
Sent ;)

[Anonymous No.58014188]

>>58014156
I don't have any 4chan account or any inbox. Can you please send me an email to [e-mail] ?

So that I can send you all the details there. Thanks anon

[Anonymous No.58014253]

>>58013997
just deposited 1 eth to your 4chan account
good luck with ur studies

[Anonymous No.58014263]

>>58012547
SOMEONE ANSWER ME

[Anonymous No.58014269]

>>58014253
Nice jokes

[Anonymous No.58014275]

sounds like a hopium fueled plebbit gme cope story

[Anonymous No.58014492]

>>58014263
good if you want cheap btc, but expect the price of correlated assets to be much more volatile to force more hedgies to sell like >>58011323 said.

remember there are fewer and fewer BTC on exchanges to trade, so there is an incentive to force sell BTC in the futures market by the big bois.
the same can happen overall if interest rates rise significantly as a lot of rich fags are overleveraged to the tits with debt, like saylor. if the interest payments start to eat into btc gains, it will cause force selling but in the spot markets.

i have a small speculation that the job market is partially tough because c level execs are mega greedy with wanting btc, and are willing to cut costs or even psychopathically deny any wagies the ability to have an income (or even disposable income with rising COL) to invest in BTC.

[Anonymous No.58014519]

>>58006567

[Anonymous No.58015828]

>>58006567
I masturbated to this.

[Anonymous No.58015984]

>>58006567
I loved this scene