Damus

Recent Notes

Idahodl · 1w
Eh I called it unsustainable, it’s definitely stable at the moment and I hope it continues because it’ll pump my bags. It just doesn’t make sense to me, mainly because I’d never buy a stock ov...
Stan Standard profile picture
Yea I can’t read! I’m not sure it’s unsustainable in any near term timeframe. They have at themselves up to have different buckets of money to pull from based on different market conditions to always be able to buy. With strc they can print as many as they want to drive the price back down to 100 and they’ve calculated what they think appropriate dividend is. Until they stop printing dollars the game theory just keeps going. Theres alot of questions people should be asking about Mstr, but it’s at a much deeper level.
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Idahodl · 1w
Agreed, it looks very sustainable in the short term.
Idahodl · 1w
Yeah might be. In multiple podcasts I heard people talking about the large amount of investors, funds, etc. that can’t buy bitcoin directly because it’s against their rules so they would buy somet...
Stan Standard profile picture
When they announced the 4 new funds in their quarterly strc was targeting all retail savings. While it is new calling it massively unstable tells me you’ve not looked at its price history at all. The Mstr fud has been out of control for years now. Almost all of it doesn’t seem to come from a place of honesty or actual understanding. It’s fascinating.
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Idahodl · 1w
Eh I called it unsustainable, it’s definitely stable at the moment and I hope it continues because it’ll pump my bags. It just doesn’t make sense to me, mainly because I’d never buy a stock over bitcoin so I don’t look too hard at them. Good luck to those taking out Bitcoin loans to buy st...
Idahodl · 1w
Yeah might be. In multiple podcasts I heard people talking about the large amount of investors, funds, etc. that can’t buy bitcoin directly because it’s against their rules so they would buy something like strc instead. That led me to believe that’s what strc was made for. I don’t really car...
josh · 11w
Oh? I haven’t read their latest updates, just saw the app completely changed.