10baggerbamm
OPSup bhuh
:
if Bitcoin drops to 92 93 it'll fall if it stays around a hundred it's going to be off to the races. you have to understand this validates Bitcoin yet again between what president Trump said at the New York stock exchange this past week when he rang the bell microstrategy now entering the NASDAQ 100. riot blockchain doing the exact same program as microstrategy is doing but on a smaller basis with convertible debt. the snowballs rolling down hill right now and it's going to turn into an avalanche.. if you get a hundred companies and then 200 companies that start issuing convertible debt and they go out and buy Bitcoin with this there's going to be no supply it's going to be stripped away as soon as it's mined and then when Trump sets up a program whether it's for a strategic reserve like oil and gold or whether it is another program that's being talked about where every newborn baby will have money seeded in the S&P and in Bitcoin in lieu of getting social security when they're older this is getting bigger and bigger and bigger you're either on board or you're going to get left behind
10baggerbamm
OPSup bhuh
:
yes. they buy it they hoard it they never sell it. and this is only going on in the United States and it's in its infancy right now A microstrategy started it you have very few companies that mine Bitcoin and now you have riot which had a major institutional investor I believe it was yesterday announced like an eight or 9% stake in the company because they see this coming.
Sup bhuh : still it will be depending on BTC
not an impressive hike i would expect
10baggerbamm OP Sup bhuh : do you know how many shorts are on microstrategy stock.. 23 million shares
Sup bhuh : sorry but I can't fully understand those yet
Sup bhuh : but I bet this would pull back Monday
for which reason I took off my money for now
Sup bhuh : Iam only able to see short sale on Thursday
where can we see that short interest analysis live?
10baggerbamm OP Sup bhuh : if Bitcoin drops to 92 93 it'll fall if it stays around a hundred it's going to be off to the races. you have to understand this validates Bitcoin yet again between what president Trump said at the New York stock exchange this past week when he rang the bell microstrategy now entering the NASDAQ 100. riot blockchain doing the exact same program as microstrategy is doing but on a smaller basis with convertible debt. the snowballs rolling down hill right now and it's going to turn into an avalanche.. if you get a hundred companies and then 200 companies that start issuing convertible debt and they go out and buy Bitcoin with this there's going to be no supply it's going to be stripped away as soon as it's mined and then when Trump sets up a program whether it's for a strategic reserve like oil and gold or whether it is another program that's being talked about where every newborn baby will have money seeded in the S&P and in Bitcoin in lieu of getting social security when they're older this is getting bigger and bigger and bigger you're either on board or you're going to get left behind
Sup bhuh : I see, so he’s tryna make this into a rigid investment like gold or silver whcih will be basis for most companies going forward
10baggerbamm OP Sup bhuh : yes. they buy it they hoard it they never sell it.
and this is only going on in the United States and it's in its infancy right now A microstrategy started it you have very few companies that mine Bitcoin and now you have riot which had a major institutional investor I believe it was yesterday announced like an eight or 9% stake in the company because they see this coming.
Sup bhuh : In that event, MSTR would be premium one out of all such companies
ken jc 10baggerbamm OP : how do you check that
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