@leadlagreport He is the CEO of a company that perpetually loses money and has a stock that is underperforming….every other asset.
The board has a legal responsibility to fire Saylor.
@adamtaggart $63k
Bitcoin could be worth nothing. It clearly is not sound money
As it approaches Saylor's selling point the bottom will drop out. No one wants to be holding when he has to dump to pay dividends or debt.
As it approaches some point close to $MSTRs debt and preferred risk the pressure to sell ahead of $MSTR will be immense.
Bitcoin bulls better get this turned around or there will be a washout.
There is way too much complacency in Bitcoin for the market to be anywhere near a bottom. When Bitcoin breaks $50K, it should be a quick fall below $20K, which should be a big enough drop to shake the conviction of long-term HODLers, causing many to finally throw in the towel.
@Alejandro_XBT If it starts to approach $MSTRs total debt and preferred obligations level ($22k)...selling will go vertical to get out ahead of $MSTRs liquidation...my guess is $40k...
@DustinRizzo@PeterLBrandt It pukes long before they get to their debt. As Bitcoin declines toward $MSTRs obligations...the market will know there is a massive sale coming. Feedback loop works in reverse too....
@EwanMacKenna Gangsters for sure. I am guessing a few years from now FIFA execs are getting frog marched out Hotel Baur au Lac in Zurich...
...again...for the 3rd time...