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r/wallstreetbetsr/wallstreetbets· u/Letsgetit713· 5d agoYOLO 1

All in on MSTR

Investor summaryBullish

High-risk YOLO bet on MSTR based on belief in Bitcoin rebound and faith in Michael Saylor.

MSTR比特币代理
Post body

Yolo on MSTR. Corn is going to bounce back and Saylor is taking me to the promise land.

Discussion · top comments12 selected
u/Be_Me_Anon_irl 1· 4d ago

Is the - sign a prediction?

u/Strange-Term-4168 1· 4d ago

You think google is the only AI, space, or quantum company? Are you retarded?

u/flat_line_ 1· 4d ago

I'm with you, but in a couple of months...

u/theboystvaccount 1· 4d ago

This is actually smart everything is so overbought rn but crypto

u/Darkdong69 1· 4d ago

Nah he's gonna come back to 0 because mstr would have gone into default with all its btc liquidated long before it hits 500k lol

u/Darkdong69 1· 4d ago

It's not leveraged, it's actually the opposite.

You're getting less BTC exposure, plus extra free debt.

If it were $50 a share while all else stays the same then it would be leveraged.

u/Darkdong69 1· 4d ago

Lol you're not gaining more though, you're still gaining less btc exposure for the same amount of money, and you're getting the extra debt on top.

How hard is it to do that very simple math, and how do you mstr buyers consistently fail to do it?

u/TapThatYak 1· 4d ago

You're off by several months, join the dca club.

u/InfiniteNerve1384 1· 4d ago

Godspeed. It’s not shorting territory anymore so honestly I don’t hate it. But you better have a PT.

u/Due-Waltz4458 1· 5d ago

Yes, I didn't really think about that technical limitation so it wouldn't get that high anyway.

There isn't really an incentive for an entity that owns Bitcoin to do anything to make people lose confidence in it.  Say that any one superpower bought up 50% tomorrow.  It would crash the price because people wouldn't trust it as an asset anymore: it loses security and how it works could just be changed at will.

u/Potential_Jello6520 1· 5d ago

No, you should read more. Proof of work requires a single entity to control 51% of the network hash power to be able to write new transactions going forward, and they cannot unwind previous transactions. Nodes (anybody can run one for free and trust nobody) are the ones that maintain the transaction history and verify newly mined transaction blocks to add.

Holding half or all of the coins does not gain any control of the Bitcoin network.

However, if someone holds a majority of ethereum or any proof of stake coin, they can indeed control the network history and transactions because they are rewarded for their holdings and they also verify new transactions. Every other network participant must trust the verifiers.

u/Due-Waltz4458 1· 5d ago

If bitcoin becomes widely used by the world's superpowers, there would be treaties and agreements about how much one entity could own. At a certain point, if everyone is invested, they are going to do things to prevent it from crashing including military force.

At a certain point it's just considered money. The paper money in your pocket or checks or debit card don't have intrinsic value, it's just a marker for your relationship with the economy. If bitcoin becomes internationally used and regulated, it's just how your buying power is measured. The value of all currencies depend on their governments or entities being successful, trustworthy, and secure.

Gold does have more practical value, but it isn't really great as a currency in the modern world. It doesn't track its own history of ownership, and people don't split gold bars into tiny fractions to move around and sell. People will still buy gold, and everything else they want, with their bitcoin so it doesn't just get hoarded.