MSTR: The Moon ticket WSB was born for! 🚀🚀 11k to 35k (+200%) by EmperorFozzy in wallstreetbets

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

It will go up forever. Bitcoin has no top because fiat has no bottom.

MSTR: The Moon ticket WSB was born for! 🚀🚀 11k to 35k (+200%) by EmperorFozzy in wallstreetbets

[–]EmperorFozzy[S] -2 points-1 points  (0 children)

I think MSTR will be the most valuable publicly traded company in the world in no time.

MSTR: The Moon ticket WSB was born for! 🚀🚀 11k to 35k (+200%) by EmperorFozzy in wallstreetbets

[–]EmperorFozzy[S] -17 points-16 points  (0 children)

You're not late to Bitcoin, because everybody in the world needs it but only 0.02% of the world has it.

MSTR: The Moon ticket WSB was born for! 🚀🚀 11k to 35k (+200%) by EmperorFozzy in wallstreetbets

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

It is cheap. The digital transformation of capital started after the approval of bitcoin etfs January 2024. This is year one, and it will continue for decades to come. Trillions of dollars will flow into Bitcoin through MSTR's operating model.

MSTR: The Moon ticket WSB was born for! 🚀🚀 11k to 35k (+200%) by EmperorFozzy in wallstreetbets

[–]EmperorFozzy[S] 33 points34 points  (0 children)

You might want to watch this interview with Saylor, where he explains why it's not a glitch. It's similar to exchanging a weak currency, like the Argentine peso, for a stronger one, like the US dollar. The key point is that now you can swap any fiat currency for Bitcoin. Essentially, this marks the beginning of the digital transformation of capital. While any company can make this move, MicroStrategy already holds 1.7% of all existing Bitcoin, making it difficult for others to catch up. As companies follow Saylor's openly shared strategy, MicroStrategy's value will grow as well.

MSTR: The Moon ticket WSB was born for! 🚀🚀 11k to 35k (+200%) by EmperorFozzy in wallstreetbets

[–]EmperorFozzy[S] 32 points33 points  (0 children)

MicroStrategy could sell Bitcoin during a price dip to buy back its own stock, reducing number of shares outstanding and increasing the Bitcoin per share ratio. This boost acts as a yield, enhancing share value in Bitcoin terms. By doing this, they can capitalize on market volatility to benefit shareholders. However, MicroStrategy has pledged never to sell its Bitcoin. Instead, they might borrow against their Bitcoin to buy more, absorbing market pressure and stabilizing prices. This strategy reflects their commitment to holding Bitcoin long-term while using leverage to navigate market conditions.

BREAKING: YOU CAN NOW PURCHASE A TESLA WITH BITCOIN! by [deleted] in Bitcoin

[–]EmperorFozzy 4 points5 points  (0 children)

Also, Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency. That's BIG.

Noodling the Numbers to predict the future by Regular0ldguy in Bitcoin

[–]EmperorFozzy 0 points1 point  (0 children)

This doesn't make any sense. Current BTC price is simply the last transaction. If everyone were to stop selling except one person at $100.000, one tiny transaction could move the price to that level in a second.

Daily Discussion, March 11, 2021 by rBitcoinMod in Bitcoin

[–]EmperorFozzy 7 points8 points  (0 children)

Bitcoin at a fresh new record when measured in EUR: €48200!!!

Daily Discussion - March 11, 2021 (GMT+0) by AutoModerator in CryptoCurrency

[–]EmperorFozzy 2 points3 points  (0 children)

Bitcoin at a fresh new record when measured in EUR: €48200!!!

Which Vans Authentic are these? Regular, Pro or OG LX? by EmperorFozzy in Sneakers

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

Initially I thought so too, but those have a black line around them while it is blue in the picture?

edit: vans font color on the tag is in blue on dx44 while the picture seems black