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₿itcoin Pat
74 posts

₿itcoin Pat
@DrFatStack
Chief Stacking Officer $MPJPY $ASST $BTC $OPEN
انضم Temmuz 2024
49 يتبع46 المتابعون

@CorvusBTC @cryptoupdate_io @ZynxBTC Agree. I will be a user on the networks, but I’m not placing bets on the winner.
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95% of Ethereum activity is on L2s because Ethereum L1 can’t handle much activity by itself.
It couldn’t process enough transactions for a small town without fees going crazy.
My worry is that if the L2s get big enough, they eventually break away and do their own thing.
Maybe I’m wrong, but that makes Solana look like the cleaner bet to me.
That said, it’s not really my trade, which is why I don’t own any of them.
For Ethereum, I think holding the number 2 spot is essential. If it loses that, the whole narrative
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@cryptoupdate_io @ZynxBTC @CorvusBTC Its moat is its utility. If a better Defi network comes along, what stops people from jumping ship?
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@DrFatStack @ZynxBTC @CorvusBTC ETH’s moat? It’s the only blockchain that keeps getting stronger the more people use it—decentralized, secure, and constantly evolving. That’s not replicable, it’s inevitable.
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@ZynxBTC @CorvusBTC I could never come to a certainty on what moats an of the defi networks actually brought, that couldn’t be replicated or improved in the future. How would you describe ETH as an asset when you looked into it?
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@IIICapital Sometimes I think about how many people will paper hands cause they open this app too much lmao
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@PunterJeff @sweatystartup Are we really still this early Jeff? 😂
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@PeterSchiff Peter you give the rest of us young people confidence that even if you’re retarded as shit, you can still be lucky and get rich.
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@ZynxBTC Zynx gonna get all the Saylor Maxis on his ass when SATA hits par today😭😭😭
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Well well well...
$SATA is almost back to par on its ex-dividend date.
$STRC is trading below $99.
Not surprising really.
We can all have our opinions but the market provides results. It has spoken.
Zynx@ZynxBTC
If the yield is not increased for $STRC then I wouldn't be surprised to see $SATA trade above it even on its ex-dividend date on Monday. Now that's another unpopular take but it's been a month of vindication. $STRC is a great product but it's clear as day it needs support.
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ASST from $17 to $793.
From May 1st to May 22, the company has reported $150 million deployed into Bitcoin.
Let's assume they raise even less. Let's go with $100m per month with SATA issuance.
$100M/month preferred issuance buying BTC, 13% preferred cost, dividends paid via share issuance, CEBE mNAV held flat at 1.7x.
Common stock sold to buy Bitcoin, zero common stock issued to buy Bitcoin.
30% BTC CAGR.
Starting point:
$17.67 ASST
16,500 BTC
14,080 CEBE sats/share
35.3% senior claim drag
Year 5:
$153/share
61,264 BTC
32,825 CEBE sats/share
8.7x from today
Year 10:
$793/share
73,320 BTC
45,845 CEBE sats/share
44.9x from today
And the psychotic part is the model keeps CEBE mNAV flat at 1.7x the entire time.
No multiple expansion required.
The senior claim drag falls from 35.3% to 16.7% because fixed fiat claims get slowly humiliated by BTC appreciation.
Bitcoin goes up, residual common equity exposure grows, and the bears are left screaming at a spreadsheet like it owes them child support.
Bullish ASST.
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Because they fail to understand that sometimes in life we have to accept things for what they are, not for what we want them to be.
It took me a while to learn this and I consider myself a Bitcoin maximalist.
Spend a decade trying to get people to self custody Bitcoin and you eventually accept that not everyone values sovereignty and financial freedom the way you do.
That is just the reality.
The next best thing is to give them some of Bitcoin's upside without the volatility. 11 to 13% a year beats the 4% from bonds and the near zero from bank accounts, both of which sit well below true inflation.
The companies that deliver this at scale will become extraordinarily wealthy.
Ultimately, Strategy and its peers are simply the realisation of Hal Finney's vision.
He saw this coming.
BTC Optioneer@BTCoptioneer
Why are so many Bitcoin maxis rooting for $MSTR to fail?
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🔥SATA IS ABSOLUTELY DOMINATING🔥
SATA just crossed $100 MILLION of trading volume and there is still nearly 2 hours left of trading today.
75% ATM capture rate gets them 987 Bitcoin.
They have 16,500 Bitcoin right now.
That 6% of their Bitcoin NAV... added in ONE DAY... not including ASST issuance.
ASST shareholders are going to get incredibly rich IMHO.
WHAT A BRILLIANT MODEL.
And daily dividends aren't even here yet.
I am already a shareholder and own call options and even then I'm still getting FOMO.
TOTAL STRIVE DOMINATION:

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@TThompson @MilkenInstitute Pretty cool growing up watching you win a NBA chip and now see you thru Bitcoin content lmaooo you’re winning man
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@thepowerfulHRV It’s a Saylor adjacent structure. Listen to the latest episode of the Hurdle Pod, Matt Cole and the team speak about their relationship with Saylor and how much he’s helped Strive and vise versa. Invest in the ecosystem, not just the creator of it.
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@thepowerfulHRV Mark please buy some. I know you’re a big MSTR guy…You do good work, you deserve to profit off this rocket ship too though!
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SATA is having its best day ever. It is already 20% past its average volume and there is still a little over two hours left of regular market trading.
3 trading days remain into the ex. div date.
Those days are:
Wednesday, May 27
Thursday, May 28
Friday, May 29
Strive is ending the SATA monthly payout era with an absolute bang.
21 days until daily dividends. All bets are off.
$ASST is going to the moon.
$SATA

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