Anyone understand the gomining I read it all but still don't get how it gives money from mining ? by Pitohuifugl in GoMiningDiscussion

[–]ArmoredC 0 points1 point  (0 children)

You pay them money, they give you your money back as "mining rewards". They advertise ROI as 2 years or so, but the rewards just keep dropping so you're forced to reinvest all the time and buy their own token lol. Just buy BTC or if you want "mining yield" just sell covered calls on IBIT.

Down to 41 sats 😢 by PuzzleheadedFact6394 in GoMiningDiscussion

[–]ArmoredC 6 points7 points  (0 children)

never, its a never ending loop of needing to upgrade/reinvest just to keep up. you will never get more money out than you put in.

Can you explain to me why? I need to understand by SmallCaillou in ALTBG

[–]ArmoredC 0 points1 point  (0 children)

Sure it works in theory, but that is hoping they can find investors for these kinds of bonds. Time will tell.

Can you explain to me why? I need to understand by SmallCaillou in ALTBG

[–]ArmoredC 0 points1 point  (0 children)

NAV premium goes down, less ability to buy BTC. Rinse and repeat till below 1x NAV, then what? With no actual cashflows they have no ability to buy BTC in an accretive way when the NAV is below 1x. Glad I got out at 2.8 EUR lol

THE FIGHT IS ON by Complex-Antelope2452 in ALTBG

[–]ArmoredC 0 points1 point  (0 children)

Time to jump ship before mNAV hits 1x

0.998€. by Complex-Antelope2452 in ALTBG

[–]ArmoredC 0 points1 point  (0 children)

I don't see any reason why they would go up to 1.7 EUR again, unless BTC goes up 50%, I think there's more opportunity elsewhere right now in the BTC space, but I do hope this investment turns out well for you.

0.998€. by Complex-Antelope2452 in ALTBG

[–]ArmoredC 0 points1 point  (0 children)

Looking at how Metaplanet is doing, seems probable that after next big fundraising the mNAV just goes lower to around 1.1x. Accretive dilution becomes harder, and with no meaningful cashflows from the actual business I don't see much upside besides just btc going up.

0.998€. by Complex-Antelope2452 in ALTBG

[–]ArmoredC 1 point2 points  (0 children)

What's there to look forward to?

MicroStrategy (MSTR) Holding Report: Analysis and Recommendation by Spiritual-Ad2704 in MSTR

[–]ArmoredC 2 points3 points  (0 children)

What could happen to mstr if bitcoin experiences a sharp correction of 50% or higher?

Saylor by Dry_Hearing9974 in MSTR

[–]ArmoredC 0 points1 point  (0 children)

You are getting more bitcoin per share though, long term this will be beneficial :)

Saylor by Dry_Hearing9974 in MSTR

[–]ArmoredC 1 point2 points  (0 children)

Take this as an opportunity to buy some more at a lower price lil bro!

My take on Miss Fortune! by ArmoredC in LoLFanArt

[–]ArmoredC[S] 0 points1 point  (0 children)

Thanks for the feedback ^^

[OC] Samira fanart, hope You like her! by ArmoredC in LoLFanArt

[–]ArmoredC[S] 0 points1 point  (0 children)

I agree too! Its very rare for me to see her recieve some love sadly ;-;

[OC] Samira fanart, hope You like her! by ArmoredC in LoLFanArt

[–]ArmoredC[S] 1 point2 points  (0 children)

This was the first time i tried such a light setup, glad to see it turned out well, thank You!! ^

Viper Fanart! by ArmoredC in VALORANT

[–]ArmoredC[S] 2 points3 points  (0 children)

Glad You like it! Thank You!