Yikes. Looks like Mr. Saylor and his firm could be in trouble...
1 posted on
05/11/2022 8:44:04 PM PDT by
RandFan
To: RandFan
I think it all stands to collapse as it has nothing you can hold in your hand.
2 posted on
05/11/2022 8:55:14 PM PDT by
Reno89519
(FJB. Respect America, Embrace America, Buy American, Hire American.)
To: RandFan
3 posted on
05/11/2022 9:09:04 PM PDT by
Larry Lucido
(Donate! Don't just post clickbait!)
To: RandFan
The market going down is a bit like the water level in Lake Mead dropping. It’s exposing the previously hidden dead bodies.
6 posted on
05/11/2022 9:14:27 PM PDT by
Flick Lives
(The CDC. Brought to you by Pfizer)
To: RandFan
And yet, essentially all the S&P 500, Nasdaq, and FAANG stocks are down between 15-70%, must be bitcoin and Michael Saylor’s fault.
What a joke.
These bitcoin epitaphs are even funnier the 10th time you read them.
9 posted on
05/11/2022 9:18:54 PM PDT by
GunRunner
To: RandFan
Many investors had turned to cryptocurrencies as an inflation hedge and protections from a depreciating dollar in these uncertain economic times. Gold has stagnated when it should have increased. IMHO cryptocurrencies were always an electronic Ponzi scheme. Now they have been discredited and are dropping in value. Would not be surprised if gold exceeded $2200/ounce by mid summer. Food shortages and inflation will spook many people around the world.
To: RandFan
When BTC hits the 200 week SMA jump on it hard!
15 posted on
05/11/2022 9:44:45 PM PDT by
NoLibZone
(Ruling class noticed our total lack of pushback for how the election & Covid was handled.)
To: RandFan
Saylor, an MIT graduate.
Yeah he’s an idiot. Lol
18 posted on
05/11/2022 9:49:40 PM PDT by
NoLibZone
(Ruling class noticed our total lack of pushback for how the election & Covid was handled.)
To: RandFan
Why not post an informed article instead of worthless twitter clickbait ...
To: RandFan
I've developed a mild interest in Bitcoin recently and have seen that in the last couple of months it's fallen like a stone. But it would have been interesting to buy $100 worth when it was a $20 and held it until it reached $67,000.
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