@ForrestHODL This product can never be stable at $100. With a cap at $100.01 through new share issuance, and awkward rebuys to prop up price as well as failure to stick with the initial plan of raising rates to respond to low prices, it’s a piss poor excuse for an engineering marvel.
@MattRostosky Why accept much higher risk? I also need income and don’t want to worry about sequence of return. I’ve made it, now I have to try to keep it.
Reason #1000 why it’s hard to take Bitcoiners like this seriously. $100k by Xmas? If you truly believe it though, you’d do something like buy the $50-$56 IBIT call spread for late December or mid January and 10x your money. Or just Jan $50 calls for 5x. 🤦♂️ Good luck I guess.
@BTCBreadMan Yeah, I’m simply judging his idiotic <2 month prediction for what it is. My bet back then was when the market was dead and it was years out options.
@Deslinz_@itsumeshk More likely the car accidentally jumps before you get your seatbelt on. Also not street legal anyway (flying version) but they are gonna mass produce this toy after recently stopping model s and x? Lolz. Still fun to watch but glad I am not an investor.