Jason the Original's avatar
Jason the Original
jasontheoriginal@nostrplebs.com
npub1fgnu...yj2h
Bitcoin or bust! Bitcoin will win unless we have a worldwide communist tyranny We will have worldwide communist tyranny if Bitcoin doesn't win Its on U NPC
Bitcoin is on a bit of a rip here the last hour or so. #ghibli is working!
Funny how 88k can feel real nice one day and real shitty another. πŸ˜†
Hear me out: There is less than 100 million dollars of sell side orders on the Coinbase order book. If someone made a 100 million dollar market buy every leveraged short would be wiped out. Every other exchanges price will fly up as BTC leaves to arbitrage / buyers would be super happy to buy on other exchanges that are less than Coinbase. That's stupid though right? Who would ever buy 100 million dollars at market? Why would you do that? If they were already sitting on 500,000 BTC and every $2000 BTC goes up they make $1 billion in profit for the quarter and their stock price would go through the roof and become the largest company in the world. For 100mill Saylor can blast BTC price to the moon. An hour before the quarter closes. Then just hit the market with a million dollar market buy every minute or so for the next hour. Saylor bought $2billion worth on multiple occasions and he has the funds to do much more. What would this do for MSTR. It would clear all the debt off their balance sheet. It will put them out of reach of any company and probably any nation State. It will give them the biggest quarterly and 12 month profit of any company in history. It will give them the attention of the world. The biggest market cap in the world. An enormously juicy premium over MNAV that will make every future debt offering or ATM of MSTR or STRK substantially more profitable than it has ever been. I have a sneaking suspension he knows this better than anyone. I think supply shock is incoming. I think FOMO from every corner of the earth is incoming. I think you are not bullish enough.
image The sooner the brainwashed realize that centralized planning is communism the sooner we can fix the money and fix the world Capitalism didn't fail you. Croney capitalism (capitalism on communist rails) did.
MSTR and Saylor are primed to set the Bitcoin world on fire. He has around 40 billion available to him. 21bil STRK issuance, 4 bil ? MSTR issuance and 16 bil? in converts. He made a strange little buy last week. Why? To say he bought. He will make a strange little buy this week. Why? To say he bought. The last week in March I think he goes bananas and buys 21 billion maybe more and starts a short liquidation cascade. He pushes the price as high as he possible can on the last day of March. Why? He can only be added to the SP500 once. He can only do his first FASB accounting once. The higher BTC is at close on 31 March the higher the profit for all the BTC he has written down over the entire time they have bought. They have had to write BTC down to the lowest point that BTC has hits the entire time that they owned it. After a buy it can only go down in value and can never go up with the old accounting. If BTC just closes at 90K on 31 March he posts: 12 month rolling EPS $64 12 month rolling P/E 4.5. It will shoot up min to 10 P/E immediately, around $650 per share. Blue sky break out. SP500 inclusion criteria met. SP500 will 100% add them because they would be stupid not to. People will realize it should have at a minimum 50 P/E the average of the top 10 stocks in the SP500 . That would put them at 750bil market cap. Pending SP500 inclusion and 150Bil bigger than tesla when it went in and to this point the biggest market cap to ever get added. If MSTR is included in the S&P 500 at a $750 billion market cap: Initial passive fund purchase required: $127.5 billion Quarterly passive fund allocation to MSTR: $5.1 billion per quarter This means that just from passive S&P 500 index tracking funds, MSTR would see an immediate $127.5B inflow, and then $5.1B every quarter moving forward. If BTC supply is still tight, this could create a continuous bid under MSTR’s stock. At $750 Bil MC they would be #8 in the SP500 just behind the Magnificant 7. All this money and attention will push them even higher. Their premium over MNAV will be over 10x higher than it is now and only fuel Saylor's money raising fever and ablity because he will them be printing $20 USD plus of BTC for every $1 MNAV BTC that he has when he sells a share. the price action will also wipe the board completely clean of convertible debt. The black hole will open. MSTR will be the biggest company on the planet and over $5000 by the end of the year and their BTC buying will push BTC value into the millions. You're welcome for the heads up. You have til the end of March to load up on BTC or MSTR after that you are going to be living in massive regret if you still own any chairs. PS all this is if the price only pushes up to 90K. What if he gets it chugging, shorts start getting liquidated, nations start FOMO'n all during the last week and it runs to 100K, 110K, 120K? Game Fucking Over!!!!
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