Bitcoin

Out of context: Reply #2444

  • Started
  • Last post
  • 2,674 Responses
  • Krassy2

    If the world’s leading cryptocurrency drops below $21,000, Michael Saylor’s MicroStrategy will be forced to pay up

    https://fortune.com/2022/05/04/m…

    Krassy 2Permalink
    UpvoteDownvote
    Flag
    • for whole that primitive slogans he constantly yells. i would like to c him fall on his whacko head.neverscared
    • Market Rebellion
      @MarketRebels
      ·
      38m
      #Bitcoin is now below $MSTR MicroStrategy’s average purchase price of $30,700      grafician
    • Margin calls in 3....2....grafician
    • yea no, if it hits 21k Saylor's reserve pockets are lined to buy more btcinteliboy
    • "As far as where bitcoin needs to fall, we took out the loan at a 25% loan-to-value, the margin call occurs [at] 50% loan-to-value.jonny_quest_lives
    • So essentially, bitcoin needs to cut in half or around $21,000 before we'd have a margin call," -MicroStrategy CFO Phone Lejonny_quest_lives
    • How Michael Saylor managed to position his company into the center of two economic bubbles is stupefying... The club's ugly lights are flickering on...jonny_quest_lives
    • Time to stumble home.jonny_quest_lives
    • how people couldn't see this coming is shocking...all bubbles pop and we are just getting startedformed
    • ^ this

      not even arguing with the rest over this anymore      grafician
    • has to go to 3k or something for microstrategy to be in troubleinteliboy
    • no, the average price for Saylor is around $30K under that he will be margin called
      BTC rn is $31191      grafician
    • I hope it falls below $5K and this cunt bankrupt into oblivion.NBQ00
    • "Microstrategy faces a margin call if Bitcoin falls below $21,000 $MSTR"grafician
    • "I too can put bullshit internet article comments in quotes"inteliboy
    Show [[ numHiddenNotes ]] more notesAdd Note
    SaveCancel

View thread