@FourPillarsFP Raised 1 bil $ in cash +they have already cashed out a lot before ICO into USD from pump fees
Tin foil theories about wash trading just doesn't make sense. they are already rich af why risk jail time for more dollars. Coulda keep 300 mil for themselves but they bought back pump
This is much better trend than drinking & eating junk food.
If people maintain healthy body, they are less depressed, more happy and more open to explore more inward world!
So why do you nag about it? Look inside why are you not happy this is becoming a trend it has only upside. Don't be "elitist" at all cost.
@BowTiedLobster This is how I think about it as well. Low income americans are going to buy iphones not shitcoins.
In 2020 when we got "stimmies" FED also cut interest rates near to 0 which I think was more important for most risky assets rather than checks.
@Evan_ss6@robustus There are arguments that if BRK is in S&P500 so MSTR could be too but BRK holds and governs legitimate business unlike MSTR which just buy virtual coins (their SW business is too small)
HOOD, IBKR are also business with lot of customers. Because of this I see odds to be low
@noD7R I follow it too I want to buy. But debt to equity at 8.5 is not low, considering it's not a high growth company with a great tech story (ai,nuclear etc..)
@Evan_ss6 Option 1 but it depends. DAT works as an amplifier gain in the system loop. More extreme premium/discount more larger +/- amplifier gain
If mNAV around~1 effect is smaller Op.1
Extreme premium - market front runs again. Op.2
Extreme discounts - market frontruns to downside Op.2