Analyst advice: What others believe is both useful and not useful. It is useful to know what others think. However what others believe has no intrinsic effect on objective truth. Ninety-nine people out of one hundred may believe wrongly, fervently.
@dee_hw Tall and wide enough for a driver swing for an average guy.
Designed with impact screen, sound absorption, and launch monitor w/projector in mind.
Climate controlled.
Lots of little details that could be designed w/more thought.
@OffshoreHODL@saylor Too early to tell. Let a few months go by with the dividend bros playing their rotation games before judging. If all the STRC volume comes in four business days but the number of BTC purchased each month goes up, is it really an issue?
@TourSwingsTommy I play best ball/worst ball on my practice rounds. It gives me the range of "what if everything went the best" and "what if everything went the worst" instead of making me wonder. Then I get two scores that represent the range I'm playing in and highlights improvement needs.
More correct is that the velocity is terminal--the rate of growth of BTC/share for BTCTCs. Terminal Accumulation misses the point. Of course some BTC will always be for sale. It's the rate of BTC/share growth that will flatten over time.
https://t.co/HoJClgbtXH
BTC Terminal Velocity: the limit a bitcoin treasury company's btc/share growth approaches due to 1) the downward pressure of scaling laws and 2) the upward price pressure of Bitcoin.
@Portfolio_First@marc02200 Because if he takes out a loan at 6%, the company will be leveraged, the credit rating drops, and he gives up a multi-trillion dollar credit opportunity for a few billion in loans. Dumb.
@ryQuant@Strategy@CedYoungelman They could run a slightly tweaked playbook to acquire assets that are priced in bitcoin but are not actual bitcoin, thereby increasing “equivalent” BTC per share.
@LeveredUSTs Nice food for thought, I appreciate the neutral approach, and my question is genuine even though I land on the bullish side of this trade: isn’t the failure for the spread to close somewhat a function of the credit rating of the company, and do you expect that to improve?
@LynAldenContact What do you think the likelihood is that a leveraged carry trade unwind between BTC and STRC ends up causing a major depegging event for STRC?
Pro parent hack to teach your kids to put away their shoes: Hide one. Just one. Every time they leave it out. When they come looking for it tell them you hid it and they have to find it (with a playful smile). In the last two weeks my kids have gone from never remembering to never forgetting. They feel like they "beat me" when they remember.