Guavaxf3006
No personal profile
37Follow
299Followers
3Topic
0Badge
Traders are hoping to good news tonight after the market close. I fear the turnaround news won't be coming so fast. The new CEO has only just started less than half a year ago. Whatever miracle moves can only be seen in at least a year or two from now. Especially when the real general man-in-the street economy is still bad. Housing lift can only happen when everyone has jobs with better pay. And this is not happening yet.
Moderately bullish activity in Opendoor Technologies with shares up 6.58%
Technology Giant? What technology? It's a ponzi. Pure and simple using new money to pay for older holders. Hoping that their single asset (Bitcoin) will keep going up in value to justi FY issuing new shares/debts. Only possible logic is Bitcoin in their treasury will keep goingbup in value to justify issuinv more shares. Except, Bitcoin has been going lower. MRTC is like the Death Star from Star Wars. Firing it's mega weapon, but someone loaded the bullet backwards.
New Buy Rating for Strategy (MSTR), the Technology Giant
MSTR FALLING HARD Michael Saylor called current Crypto winter mild. But Bitcoin is now testing $65k. That's looking like a "mild" bankruptcy coming for MRTC......
I will not add much weight on what the CEO of Coinbase is saying in defence of Michael Saylor. Coinbase's wellbeing id linked very strongly to MSTR's survival. Just look at data and truths. MSTR registered huge loss last quarter after full-realisation of paper losses in the value of the Bitcoin holding. And this was when Bitcoin closed around $74k versus their average cost price of $76k. Now Bitcoin has fallen even more to $67k and Cryptocurrency as a whole seems to be entering deeper into a cold spell. And Michael Saylor is increasing his bets by issuing more preferred shares, which pays as high as 12% dividend, to buy even more Bitcoin. At prices higher than latest. What do you think MSTR's results will be if they do an audit declaration now?
Michael Saylor Is Telling The Truth ABout Strategy's Bitcoin Stash, Coinbase Exec Says
That is such old news. We are already in mid-February already. And MSCI already stated theyvare not doing any change fo now.
MicroStrategy Spends Another $1 Billion on Bitcoin; Faces Potential Massive Passive Sell-Off if MSCI Removes It on January 15
Illusionary thinking. At $8k, down from high of $126k, and with MSTR's average cost of Bitcoin holding of $76k, he expects to refinance and to still raise cash into MSTR? He must have really low respect for the mental ability of his followers.
What Happens To Strategy's Bitcoin Model If Prices Crash To $8,000? Michael Saylor Has A Plan
It seems the week is starting off really badly. Not just the Cryptocurrencies but also gold and silver. Thankfully today is Washington's birthday and the US markets are closed. Otherwise, we may see a bloodbath on Wall Street just as the Year of the Horse starts.
Digital Currencies Plunge Again After Brief Rally
America's mega and ever growing debt crisis. I watched the movie "Too Big To fail" and also found this part repeated in Hank Paulson's memior. "Refusing Russia’s Proposal to Crash the U.S. Economy: In his memoir, On the Brink, Paulson revealed that during the 2008 Beijing Olympics, Russian officials approached China with a plan to jointly dump their holdings of Fannie Mae and Freddie Mac bonds. This "fire sale" was intended to collapse the U.S. financial system. China declined the offer, which Paulson credited as a crucial step in preventing a total market meltdown." Donald Trump and the rest of America must be reminded that China had the power to bankrupt the US in 2008 but declined to help Russia do so. Perhaps China is regretting noy doing so then? Guess what? The US debt has grow
Actually, if Bitcoin falls to $55k, it will be a level that triggers a collapse to around $30k. It's the panic factor that will overwhelm any hope of redemption. The fear will be too much for the greed to fight against.
Why bitcoin needs to fall another 20% before it's even worth a look
So who would be the ones buying from these whales who have been exiting. My guess would be the small retail players as well as those companies who are subscribed to the Bitcoin treasury business model. The retailers are wimpy and easily influenced. But thise treasry scheme companies like MRTC have to keep on buying Bitcoin to wall against a Bitcoin collapse. The situation has never been more dangerous.
Bitcoin Whales Are Exiting The Profit Territory — And It Could Get Worse
A very well researched and written article. One thing that stands out here is the author pointed out to one thing which should be obvious, but widely ignored and disregarded. That is the correlation and cross-dependance between many players and invested oragonisation. This reminds me very much of what happened diring the Asian currency crisis, which started in Thailand with a devaluation of the Thai Baht, but started a stampede in Korea and Indonesia. And Malaysia got pulled down too because opportunist like George Soros saw an opening because like may others, Malaysia was living on borrowed capital too. So with this current Cryptocurrency freeze, look at who is exposed with leveraging and cross-dependency too. That's where you ca make big bucks playing against. Be the new George Sor
A Winter for Stablecoins Would Signal Crypto Deep Freeze
Printing more promisory notes to fund his gamble. Reminds of all thise stories of gambling addicts selling their homes, hoping that their last throw of the dice will win it all back.
Strategy to issue more preferred stock to reduce Bitcoin-linked volatility
Subscribe to HBO. And go watch Wizard Of Lies. Then compare what's been going on with Strategy and Michael Saylor.
Strategy to issue more preferred stock to reduce Bitcoin-linked volatility
The trend is showing everything bad for Bitcoin. Now Standard Chartered Bank, which as recently as end of 25 was a big bull, is now calling for Bitcoin to fall to $50k in the next few months. But thisis also telling me how flippy these analysts are. Once calling for $200k, but now following the crowd in calling for a mega fall. But as for me, I have long been saying Bitcoin is the modern day Tulip. Get ready for MRTC and other Cryto treasuries to go broke soon.
CoinDesk Bitcoin Price Index Lost 3.25% to $65342.03 -- Data Talk
Interesting read here. I am expecting Bitcoin to fall to $60k by March. But to set $50k as the lower band, that will bequite a major event for all Cryptocurrencies.
Crypto Daily | ETH Drops Below $2,000; Canary Capital Sees Bitcoin Sliding to $50,000–$60,000 in 2026 Bear Phase Before Fall Rebound
I doubt the CPi will help very much. The link between price of Crypto's and everything else is proving to be an illusion. Gold and silver will usually have a correspding effect to where the general economy is heading. But crypto is a make believe item with no intrinsic value. The effect will be worst on all those instruments which are hedged and have multiple exageration to the movement for coins. In particular MRTC, the mother of all derivative for Bitcoin.
Bitcoin, XRP, Ether Are Falling Again. Why Cryptos May Soon Get a Boost
Bitcoin heading towards $60k today. This will be a line if defense it must hold. If if does not, 4 year cycle theory gets shaken and new patter images.
Bitcoin's Getting Slammed Again As Number-One Cryptocurrency Loses Over $2,000
MRTC or Bitcoin. Which one goes down fastest? Bitcoin is now at $66.7k. MRTC has fallen to $129. So who is dragging who down? With Bitcoin, it's the overall Crypto market sentiments affecting prices. But with MRTC, it is a failed business strategy that is hedged on one item, price of Bitcoin. But what is making it worst, it was using money they did not own. All borrowed an leveraged from issue of debts and shares. Anyone who has ever done any business will see how badly flawed MRTC's premise is.
This is because MRTC would have been liquidated and all their net assets would have been foreclosed.
What if bitcoin prices fall to $8,000? Michael Saylor says Strategy still won't sell.
Seems the market is not putting much weight to whatever Saylor is saying now. After this speech and interview on CNBC, Bitcoin resumes it's crashing trajectory. And along side this, so too MRTC. Presently both are trading substantially lower than Saylors average cost price of Bitcoin.
Strategy’s Michael Saylor Doubles Down on Bitcoin. Wall Street Is Shorting the Stock
Go to Tiger App to see more news