I have no idea what their total user base is, but that makes it far worse if they go offline or have to shut down abruptly.

I have no idea what their total user base is, but that makes it far worse if they go offline or have to shut down abruptly.

I have no idea what their total user base is, but that makes it far worse if they go offline or have to shut down abruptly.

I have no idea what their total user base is, but that makes it far worse if they go offline or have to shut down abruptly.

Checking this out later. Followed you on Fountain as well!

Checking this out later. Followed you on Fountain as well!

Checking this out later. Followed you on Fountain as well!

あああそこのセブンねの顔をしています

あああそこのセブンねの顔をしています

あああそこのセブンねの顔をしています

Agree. I noticed where in Dec 2022 at the bottom he had to sell 700 BTC. I assume there was effectively a margin call due to drawdown. He’s doing alluded to this in the Saif podcast too. He’s doing it well but people don’t fully understand the inherent margin risk even when you do it well. Seems to me that at this point $MSTR is a lot like GBTC was when that arb was a “no brainer”. All the HFs and funds that abused the arb ended up blowing it up due to their leverage. This could easily be the case, seen again, after the fact?? Based on estimates there is about $78 of bitcoin per MSTR share. The company stock (pre-#bitcoin) typically traded at $10-$16 a share (for pretty much 20 years). Adding $78 of BTC would get you to about $94-95 bucks per share. Also, Saylor has been pretty vocal that MSTR pre-Bitcoin was dead in the water. So, it would seem investors probably shouldn’t assign much value to the company then, right? Granted, I do think his play is to turn it into a bitcoin bank, lend off the stack and convert the software to BTC software and analytics, so there could eventually be hidden value there.

Agree. I noticed where in Dec 2022 at the bottom he had to sell 700 BTC. I assume there was effectively a margin call due to drawdown. He’s doing alluded to this in the Saif podcast too. He’s doing it well but people don’t fully understand the inherent margin risk even when you do it well. Seems to me that at this point $MSTR is a lot like GBTC was when that arb was a “no brainer”. All the HFs and funds that abused the arb ended up blowing it up due to their leverage. This could easily be the case, seen again, after the fact?? Based on estimates there is about $78 of bitcoin per MSTR share. The company stock (pre-#bitcoin) typically traded at $10-$16 a share (for pretty much 20 years). Adding $78 of BTC would get you to about $94-95 bucks per share. Also, Saylor has been pretty vocal that MSTR pre-Bitcoin was dead in the water. So, it would seem investors probably shouldn’t assign much value to the company then, right? Granted, I do think his play is to turn it into a bitcoin bank, lend off the stack and convert the software to BTC software and analytics, so there could eventually be hidden value there.

Agree. I noticed where in Dec 2022 at the bottom he had to sell 700 BTC. I assume there was effectively a margin call due to drawdown. He’s doing alluded to this in the Saif podcast too. He’s doing it well but people don’t fully understand the inherent margin risk even when you do it well. Seems to me that at this point $MSTR is a lot like GBTC was when that arb was a “no brainer”. All the HFs and funds that abused the arb ended up blowing it up due to their leverage. This could easily be the case, seen again, after the fact?? Based on estimates there is about $78 of bitcoin per MSTR share. The company stock (pre-#bitcoin) typically traded at $10-$16 a share (for pretty much 20 years). Adding $78 of BTC would get you to about $94-95 bucks per share. Also, Saylor has been pretty vocal that MSTR pre-Bitcoin was dead in the water. So, it would seem investors probably shouldn’t assign much value to the company then, right? Granted, I do think his play is to turn it into a bitcoin bank, lend off the stack and convert the software to BTC software and analytics, so there could eventually be hidden value there.

Agree. I noticed where in Dec 2022 at the bottom he had to sell 700 BTC. I assume there was effectively a margin call due to drawdown. He’s doing alluded to this in the Saif podcast too. He’s doing it well but people don’t fully understand the inherent margin risk even when you do it well. Seems to me that at this point $MSTR is a lot like GBTC was when that arb was a “no brainer”. All the HFs and funds that abused the arb ended up blowing it up due to their leverage. This could easily be the case, seen again, after the fact?? Based on estimates there is about $78 of bitcoin per MSTR share. The company stock (pre-#bitcoin) typically traded at $10-$16 a share (for pretty much 20 years). Adding $78 of BTC would get you to about $94-95 bucks per share. Also, Saylor has been pretty vocal that MSTR pre-Bitcoin was dead in the water. So, it would seem investors probably shouldn’t assign much value to the company then, right? Granted, I do think his play is to turn it into a bitcoin bank, lend off the stack and convert the software to BTC software and analytics, so there could eventually be hidden value there.

É do Brasil, senhores🥈🥈🥈🥈 Nos trabalhamos para sustentar VAGABUNDO, se esse não é um bom motivo para aderir o #BTC #BITCOIN eu não sei qual é.

É do Brasil, senhores🥈🥈🥈🥈 Nos trabalhamos para sustentar VAGABUNDO, se esse não é um bom motivo para aderir o #BTC #BITCOIN eu não sei qual é.

É do Brasil, senhores🥈🥈🥈🥈 Nos trabalhamos para sustentar VAGABUNDO, se esse não é um bom motivo para aderir o #BTC #BITCOIN eu não sei qual é.

É do Brasil, senhores🥈🥈🥈🥈 Nos trabalhamos para sustentar VAGABUNDO, se esse não é um bom motivo para aderir o #BTC #BITCOIN eu não sei qual é.

https://winged-dutchman.com/btc-lighting-voucher/ #bitcoin #BTC #Lightning #experience #geyser #bitcointravel #bitcoinpromotion #bitcointwente #tw_bitcoin #zapzap #lightningzaps #travelstr #bitcoinmagazine #bitcointwitter #bitcoinmeetup #nostr #stackingsats #travel #news #funding #btctelegram #lightningnetwork #financialfreedom #entertainment #eu #boost #bitcoin2024 #bitcoinjungle #btcsession #breaking #wallet #followme #donation #nederland #bitcoinfriesland #bitcoinamsterdam #bitcoinmeeting #europe #zappingsats #satoshi #zappening #zapathon #business #lightningtransactions #bitcoincommunity #primal #daily #nederland #finance #alert #nostrplebs #bitcoinwhale #funding #cryptofunding #lightningnews #flights #flying #nostrdam #blockchain #transactions #lightningcheckout https://m.primal.net/LUqO.jpg

https://winged-dutchman.com/btc-lighting-voucher/ #bitcoin #BTC #Lightning #experience #geyser #bitcointravel #bitcoinpromotion #bitcointwente #tw_bitcoin #zapzap #lightningzaps #travelstr #bitcoinmagazine #bitcointwitter #bitcoinmeetup #nostr #stackingsats #travel #news #funding #btctelegram #lightningnetwork #financialfreedom #entertainment #eu #boost #bitcoin2024 #bitcoinjungle #btcsession #breaking #wallet #followme #donation #nederland #bitcoinfriesland #bitcoinamsterdam #bitcoinmeeting #europe #zappingsats #satoshi #zappening #zapathon #business #lightningtransactions #bitcoincommunity #primal #daily #nederland #finance #alert #nostrplebs #bitcoinwhale #funding #cryptofunding #lightningnews #flights #flying #nostrdam #blockchain #transactions #lightningcheckout

https://winged-dutchman.com/btc-lighting-voucher/ #bitcoin #BTC #Lightning #experience #geyser #bitcointravel #bitcoinpromotion #bitcointwente #tw_bitcoin #zapzap #lightningzaps #travelstr #bitcoinmagazine #bitcointwitter #bitcoinmeetup #nostr #stackingsats #travel #news #funding #btctelegram #lightningnetwork #financialfreedom #entertainment #eu #boost #bitcoin2024 #bitcoinjungle #btcsession #breaking #wallet #followme #donation #nederland #bitcoinfriesland #bitcoinamsterdam #bitcoinmeeting #europe #zappingsats #satoshi #zappening #zapathon #business #lightningtransactions #bitcoincommunity #primal #daily #nederland #finance #alert #nostrplebs #bitcoinwhale #funding #cryptofunding #lightningnews #flights #flying #nostrdam #blockchain #transactions #lightningcheckout

https://winged-dutchman.com/btc-lighting-voucher/ #bitcoin #BTC #Lightning #experience #geyser #bitcointravel #bitcoinpromotion #bitcointwente #tw_bitcoin #zapzap #lightningzaps #travelstr #bitcoinmagazine #bitcointwitter #bitcoinmeetup #nostr #stackingsats #travel #news #funding #btctelegram #lightningnetwork #financialfreedom #entertainment #eu #boost #bitcoin2024 #bitcoinjungle #btcsession #breaking #wallet #followme #donation #nederland #bitcoinfriesland #bitcoinamsterdam #bitcoinmeeting #europe #zappingsats #satoshi #zappening #zapathon #business #lightningtransactions #bitcoincommunity #primal #daily #nederland #finance #alert #nostrplebs #bitcoinwhale #funding #cryptofunding #lightningnews #flights #flying #nostrdam #blockchain #transactions #lightningcheckout

{"pubkey":"58c741aa630c2da35a56a77c1d05381908bd10504fdd2d8b43f725efa6d23196","content":"One amazing thing I learned about (out of many) at the ecash conference\n\nA router for sharing internet\n\nSomeone from India, living in a place with a lot of internet access problems, built a set-up where people can buy internet without having any internet in the first place. 1 sat per minute\n\nHe built a captive portal that you log into and the page says — I take ecash from this one mint, get ecash from there and paste it into this text box — you paste it in, hit enter, and you’re online\n\nYou’ve made an offline payment and voila, you're now online\n\nThere are many exciting Bitcoin developments happening but it's becoming more clear that ecash is a wholly different, complementary technology that does different things, including many things that Bitcoin can't do no matter how many upgrades it gets","id":"ae8c005a054bc0416b97bc33071eabe2af9ff83b12f0414a4d0bcd54c1404ecf","created_at":1728762310,"sig":"a18697aa89a2dc7c3aeede72046f1d828d3a35a563809456fca709ecc062ea8ac76d41e0c032ee139ff40fe84ac1283781e453402190513d8f15cd96c537668f","kind":1,"tags":[]}

{"pubkey":"58c741aa630c2da35a56a77c1d05381908bd10504fdd2d8b43f725efa6d23196","content":"One amazing thing I learned about (out of many) at the ecash conference\n\nA router for sharing internet\n\nSomeone from India, living in a place with a lot of internet access problems, built a set-up where people can buy internet without having any internet in the first place. 1 sat per minute\n\nHe built a captive portal that you log into and the page says — I take ecash from this one mint, get ecash from there and paste it into this text box — you paste it in, hit enter, and you’re online\n\nYou’ve made an offline payment and voila, you're now online\n\nThere are many exciting Bitcoin developments happening but it's becoming more clear that ecash is a wholly different, complementary technology that does different things, including many things that Bitcoin can't do no matter how many upgrades it gets","id":"ae8c005a054bc0416b97bc33071eabe2af9ff83b12f0414a4d0bcd54c1404ecf","created_at":1728762310,"sig":"a18697aa89a2dc7c3aeede72046f1d828d3a35a563809456fca709ecc062ea8ac76d41e0c032ee139ff40fe84ac1283781e453402190513d8f15cd96c537668f","kind":1,"tags":[]}

{"pubkey":"58c741aa630c2da35a56a77c1d05381908bd10504fdd2d8b43f725efa6d23196","content":"One amazing thing I learned about (out of many) at the ecash conference\n\nA router for sharing internet\n\nSomeone from India, living in a place with a lot of internet access problems, built a set-up where people can buy internet without having any internet in the first place. 1 sat per minute\n\nHe built a captive portal that you log into and the page says — I take ecash from this one mint, get ecash from there and paste it into this text box — you paste it in, hit enter, and you’re online\n\nYou’ve made an offline payment and voila, you're now online\n\nThere are many exciting Bitcoin developments happening but it's becoming more clear that ecash is a wholly different, complementary technology that does different things, including many things that Bitcoin can't do no matter how many upgrades it gets","id":"ae8c005a054bc0416b97bc33071eabe2af9ff83b12f0414a4d0bcd54c1404ecf","created_at":1728762310,"sig":"a18697aa89a2dc7c3aeede72046f1d828d3a35a563809456fca709ecc062ea8ac76d41e0c032ee139ff40fe84ac1283781e453402190513d8f15cd96c537668f","kind":1,"tags":[]}