SM373

@Rajatsoni And if he's wrong he led the biggest con in human history

To be honest, I don't get all of the hate that Michael Saylor gets He's running the biggest speculative attack on fiat that the world has ever seen Bitcoin haters think he's scamming his investors because they don't understand his thesis (why do they even care about what I do with my money?) Bitcoiners think he's getting too much of the supply, and I don't understand this... Why wouldn't you be happy for someone who created a product to directly compete with legacy financial institutions? I personally LIKE that he's buying as much Bitcoin as he can He's letting OG Bitcoiners sell so they can enjoy their lives He's giving fiat lovers exactly what they want (high returns, low risk, minimal volatility) The greatest thing about Bitcoin is that everyone has a choice of whether they accumulate or not He chose to accumulate as much as possible by creating the best financial product to ever exist in the history of the world and backed it with Bitcoin The financial institutions that are his direct competition haven't figured this out, and they aren't accumulating yet Michael will be known for the rest of human history as the person who forced banks to change the way they did things The banks that don't figure it out will probably go bankrupt because of capital flight, and the ones that do will be forced to offer higher yields to their clients And there are Bitcoiners who think he's doing something wrong?

@Rajatsoni @BitcoinHopium Well yeah, but it's right

@BitcoinHopium @SM373 This is AI.

I find it hilarious when I see comments like this Did you just buy Bitcoin ONCE at the all-time high and then never buy again? You saw it drop almost 80%, and didn't even buy $1 worth? That's not Bitcoin's fault - it's a skill issue on your end

@Real_Landlord7 @Rajatsoni @BitcoinHopium Don't worry, they're paying 11.5% apy now to have this level of return 😂

@Rajatsoni @SM373 @BitcoinHopium Strategy has dollar cost averaged into BTC since 2020 and is up 4% total. That return sucks.

@BitcoinHopium @Rajatsoni When a guy called Bitcoin Hopium doesn't agree with you @Rajatsoni your argument is cooked

@Rajatsoni @SM373 Volatility can lead to bigger gains, but it also means bigger risks. It’s a double-edged sword. I still prefer Bitcoin for its long-term potential over traditional markets, but that math isn't straightforward.

@texan77581 @Rajatsoni Yeah he's reinvesting those dividends he gets from Bitcoin to dollar cost average like he said 😂

@Rajatsoni You have no idea how many bitcoin I have. YOU said people buying today can retire in a decade. Retired to most people means getting income from their investments since bitcoin is up only 1.8% a year since 2021 and pays no dividends your advice is completely wrong

@SpursWrld @DKSports Wemby blood clot wasn't the entire year.

@SM373 @DKSports More like 2023-2024: they were ass 2024-2025: wemby blood clot 2025-2026: now

2022-23: 15th in West (22-60) ❌ 2023-24: 14th in West (22-60) ❌ 2024-25: 13th in West (34-48) ❌ 2025-26: Western Conference Finals ✅ Turned it around just like that. The San Antonio Spurs are back.

We will never see 80k bitcoin:native in our lifetime again. Was a good ride while it lasted

@FanDuel Ohtani 0.97 ERA?

Top 5 pitchers in MLB by ERA: 1⃣ Cam Schlittler (1.35) 2⃣ Davis Martin (1.62) 3⃣ José Soriano (1.66) 4⃣ Nick Martinez (1.70) 5⃣ Bryce Elder (1.81) Is Cam Schlittler the best pitcher in baseball, PERIOD? #MLB | #RepBX

@PeterSchiff A ponzi and a house of cards mixed into 1 preferred asset. @saylor really outdid himself here. Financial engineering brilliance

The claim that Bitcoin only has to rise by 2% per year to cover the 11.5% yield on $STRC indefinitely assumes $MSTR stops issuing STRC. But Saylor is actually increasing issuance. The more STRC MSTR sells, the more BTC must rise to cover the yield. Also, if the price of STRC falls, MSTR will have to raise the yield to get the price back to 100. Of course, to cover the yield with Bitcoin, MSTR must sell BTC. But the more BTC @Saylor sells to pay the yield, the lower the price of BTC. The only way to stop the death spiral is for MSTR to cancel the dividend. Then STRC crashes, taking MSTR and BTC with it.

@Rajatsoni You're right, same odds at Bitcoin going from 40k to 20k

@SM373 What happens if the sun explodes?

- Bitcoin falls to $40K - $MSTR issues $100M of $STRC - Buys $100M of BTC - MSTR pays 11.5% to borrow with STRC - Bitcoin back to $126K in 2029 - MSTR pays $38.6M dividend on STRC - BTC holdings up 215% by 2029 - MSTR shareholders up $176.4M on BTC purchase - STRC holders get their dividend and stability - MSTR holders get their volatility + high returns using other people's money If a real estate fund were to do this, most investors would be saying it's an excellent idea because "they're using other people's money" But they call MSTR a Ponzi scheme for using the exact same strategy Why? Because they don't understand how STRC, MSTR, or BTC work Usually, they hold zero BTC and think it's a speculative investment

@JaimeLardis Lmao not even close

Paige Bueckers getting Azzi Fudd that #1 pick in the WNBA Draft is like LeBron James getting Bronny James drafted into the NBA.

@Rajatsoni And if Bitcoin goes down 30% yoy?

If $MSTR issues $100M of $STRC at 11.5% and buys BTC with the proceeds, and Bitcoin grows at 31% per year - In 2 years, Bitcoin would be back at its all-time high - MSTR would have paid $24.3M in interest - MSTR's Bitcoin would be up $71.6M That's $47.3M of growth for MSTR shareholders

@gachington @EV_Ohio You bet it first with cash then apply token later. You'll see once u bet it

@EV_Ohio I can’t apply the token?

FanDuel - PGA Bet Back Token +75000 🔗 quickpick.pikkit.com/betslip/604f62…

@PeterSchiff Sounds reasonable 👍

In the early months of the 2008 GFC, gold crashed 32%, about 40% of its prior bull-market gain. After gold bottomed, it surged 178% over the next three years. Gold nearly hit $4,100 today, down 27%, about 40% of its gain since $2K. A 178% surge from that low puts gold at $11,400.

@danielwworrall @d_1awrence Ok so blackrock owns it for ETF parity. So what do you think will happen if people start selling the ETF? They are not in the same class as strategy and further emphasizes my point. I don't think blackrock has been accumulating either as ETF demand has dried up

@SM373 @d_1awrence Correct me if I'm wrong, but there's demand for Gold and Silver which hasn't stopped. There is and will continue to be demand for digital Gold too. And, not one company is just buying BTC. BlackRock own 779k BTC. They buy more to keep up with the demand from ETF spot buys.

Saylor said that if #MSTR are lucky enough get to 5% of the network, Bitcoin will be $1M. 5% of 21M is 1.05M #BTC He also said that if MSTR get to 7.5%, Bitcoin will be $10M a coin 7.5% of 21M is 1.575M BTC He has also predicted that Bitcoin will produce a CAGR of 29% on average over the next 21 years. Strategy currently sits with 738,731 BTC on their balance sheet. This week, there's a good chance they've bought at least 30,000 BTC. If they continue that run rate, they'll achieve 5% of the Bitcoin network in 11 weeks and 7.5% of the network by the end of September - 6 months from now. It's utterly insane! I don't think any logical person thinks we're 11 weeks from Bitcoin being $1M. When Saylor made those predictions, I don't think he would have thought in his wildest dreams that they could become a reality in 2026 - it was a 10-20 year prediction. So the accumulation may happen this year, but the price predictions wont. At least not for now. But the concept is still the same. If you eliminate 1.5M BTC from circulation and continue to pump tens of billions of dollars into the network on a weekly basis, consistently, for months, there'll become a point where the price has to explode to levels that we deem unimaginable at this point. So if Saylor's accumulation speed has been underestimated by himself and the Bitcoin community, there's also a real possibility that the CAGR predictions that we've all been modelling on and the steady climb to those dizzy price prediction levels are underestimated too. One cant happen without the other. If the accumulation is aggressive, the re-pricing to reflect the supply squeeze will be as aggressive. The next 6 months will be very interesting to watch.

@d_1awrence @danielwworrall The entire float can be locked and it doesn't mean price goes up if no one actually wants it, which is exactly what we're seeing now...

@d_1awrence @danielwworrall That's the entire point. It's not real demand it's just 1 company. There's a tipping point to where they'll have so much BTC that no one will want to use it because of that exact premise and go with tokenized stable coins instead