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There is no second best
>>49615430What a time to be alive
>>49615430NOTGONNAHAPPENcheck em and sneed bobo
>>49615464Check the teleport to $ 14k then
>>49615430So is it actually true that he has collateral till ~3k or not? Getting conflicting info.
>>49615430ITS HAPPENING
I WAS HERE FOR THE SCREENCAP
>>49615430It’s actually happening
>>49615430DIGITAL ENERGY
$200
LETS GOOOOOOOO
>>49615430<$200 now
Hope he tanks BTC so I can buyeded in.
What if they just wanted to liquidate him?
>>49615430Enlighten me /biz/ what will happen if this dude gets margin called?
>>49615430He’s not going to sell. Would you sell a block of Manhattan if you owned it?SAME THING FOR BTCBTC= DIGITAL PROPERTYsimple as/thread
>>49615430Hang on.. This shit has been crashing since this guy has started boasting.. Are.. Are the whales doing this solely to fuck him up bros?
>>49615757Sex
>>49615499afaik he must post new collateral at about 21k, but the thing is every time we drop someone else also gets margin called or goes bankrupt like Luna or celsius, so it can cascade quite a lot very quickly. if satoshi also starts selling (or already is) then it's game over
>>49615430Craig is unironically going to flip BTC
>>49615757>Enlighten me /biz/ what will happen if this dude gets margin called?btc goes to $10k
>>49615430$350
>>49615430You really just don't understand the wisdom of what Saylor and PlanB have told us, do you? Whatever you read on your computer screen, the true price is well into six digits.
>>49615826wtf, i love michael saylor now. gonna get such a nice dip I'll have enough weed to last 300 years.
>>49615714They (IMF) also want to fuck over El Salvador.
Lmao at that clear manipulation at $21,200 a couple minutes ago
>>49615757he has to sell all his btc and give it to his creditor, who will sell it and get their cashpeople think itll make btc price tank but really saylor just holds 2,5b worth of bitcoin and the mcap of the currency is 411bit will be a blip but price will immediately stabilize afterwards. the reason its going down has nothing to do with saylor and he couldnt push prices down further, people would buy. BTC is going down because institutions are liquidating their holdings in order to keep their businesses afloat, it is why its moving down alongside the nasdaq
>>49615826Even lower.
$21,111.10
>>49615430This dude must be shitting himself, so close to 20k
>>49615430Almost there. Kek.
OMFG IT HAPPENED
SEND BITCOIN YOUR NEGATIVE ENERGY AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
LESS THAN $100 TO GO
>>496159942.1 billion can make mcap go down a ton, it doesn’t take an equal amount of money to make it go down a certain amount, it all has to do with liquidity. 2.1 billion will wipe the order books
Send him your best wishes for when he's shooting smack under a bridge during a cold winter night.https://www.youtube.com/watch?v=IdneKLhsWOQ
$21,090
$21,066.13
>Tethered up all my stack. >I predicted this. >Fancied myself a genius.>Everything according to keikaku>Left the coins on celsius earning yield>Not only can't buy anything. Probably lost it all.2 digit IQ confirmed.
famous last words
just a little more, I'm so close hnnnnnngh!
TIME TO GET THAT JOB AT MCDONALD'S /BIZ/BROS
>>49615430
>>49616183What a faggot.
>inb4 scam wick to 24k as shorts close out.
SEND IT
>>49615430When is he roping bros
>>49616173If Celsius doesn’t rekt you then tether will
$50
Is he still at MicroStrategy? Could he be ousted as CEO for being so wrong
>>49615499>>49615804he has the fucking liquidity, he wont get liquidated like the retards think he will
I will buy at $900. But I think it will still drop to $450 before ascending to 90K
>>49616222
It's happening
>bitcoin down 20%ETH down 10% eow
can't he just put in more collateral?t. retard
12 bucks off
>>49616012
>$4
GUH
20k20k20k20kLFGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
>>49616306He doesn't have any more collateral KEK
WE DID IT.
he should just withdraw all his btc to a paper wallet and go bin laden mode for the next 20 years
>>49615430>$21,029it was nice knowing you guys
21000
TOUCHDOWN
>>49616319a margin call is nothing for microstrategy
AHAHAHAHAHAIT CRACKED
they buying!!
LMAO
Good night sweet prince
>>49616306Yes, but he risks losing more if it continues to shit.
It just went under 21k on some exchangesit's over
>>49616344he did that in the dotcom bubble with tech stocks kek, cant pull that shit twice
Guys he's not getting margin called. Nothing ever happens
MOSHI MOSHI
>that wall at 21,000.005
UH OH
>>49615430I legit feel bad for him now even despite how much I hate crypto e-celebs.
>yfw everyone has been banking on this margin call, yet its not going to happen and BTC is going to rebound starting now.
>>49616394
I'M TUCKED IN
SCREENCAP ME IN THE PUT
OWARI DAhttps://www.youtube.com/watch?v=gwxfz3lEabY
shiiiiiiiiet
he changed his profile picture. Is he coping?
>>49616394Holy Jeezus.F. Mr Strategy
>>49616445>had to sell his face to afford rent
his liquidation is 3500, nowhere near where it is now. you short sellers are trying to scare newbies into selling the bottom, go kill yourself
Where are the 200MA fags now? Fucking retards
>>49616319its over
ITT: bunch of fucking retards who think this margin call is a major happeningITT: bunch of fucking retards who think this margin call is a major happeningITT: bunch of fucking retards who think this margin call is a major happeningITT: bunch of fucking retards who think this margin call is a major happeningITT: bunch of fucking retards who think this margin call is a major happening
It's here
O’er the midnight moorlands crying,Thro’ the cypress forests sighing,In the night-wind madly flying, Hellish forms with streaming hair;In the barren branches creaking,By the stagnant swamp-pools speaking,Past the shore-cliffs ever shrieking; Damn’d daemons of despair.Once, I think I half remember,Ere the grey skies of NovemberQuench’d my youth’s aspiring ember, Liv’d there such a thing as bliss;Skies that now are dark were beaming,Gold and azure, splendid seemingTill I learn’d it all was dreaming— Deadly drowsiness of Dis.But the stream of Time, swift flowing,Brings the torment of half-knowing—Dimly rushing, blindly going Past the never-trodden lea;And the voyager, repining,Sees the wicked death-fires shining,Hears the wicked petrel’s whining As he helpless drifts to sea.Evil wings in ether beating;Vultures at the spirit eating;Things unseen forever fleeting Black against the leering sky.Ghastly shades of bygone gladness,Clawing fiends of future sadness,Mingle in a cloud of madness Ever on the soul to lie.Thus the living, lone and sobbing,In the throes of anguish throbbing,With the loathsome Furies robbing Night and noon of peace and rest.But beyond the groans and gratingOf abhorrent Life, is waitingSweet Oblivion, culminating All the years of fruitless quest.
>>49616478That was me anon
>>49616478Hahahhahahaahhahgagahagagagagagagagaagagagvaavvavagaayaejvkdvkqboqtboqbkrqbqk fqk akd
so, where is the happening? two more weeks?
Saylor is a good actor
>>49616545>major e-celeb gets nuked who promoted faith in btcOf course it's a major happening, what the fuck is wrong with you.
Damn buy walls are not gonna let me have fun
>>49616580his liquidation price just went down now its at 18000 LETS GOOOOOO
ringringringring
GUYS XRP JUST BROKE BELOW 30 CENTS ITS LITERALLY OVER! THE LIZARD PEOPLE HAVE LOST
>>49615701See? This makes me think that were not at the bottom just yet.
>>49616580It already broke $21k
>>49616477This shit is so cringe. is he a boomer or 12?
>>49616674this was foretold
>>49616668how does that work?would love a source
IN BITCOIN WE TRUST
>>49616639he's not being nuked you absolute moron, it's just a margin call and he has ample capital to defend his position until the liquidation at 3500
nobody is mentioning that the stock price of micro strategy dropped $50 today
>>49616762he adds more collateral you midwit
>>49615994I don't think you understand how this works at all hahahahaha.Imagine not understanding liquidityAHAHAHHAHAHAHAHAHAHHAHAHFUCK ME.... BTC IS REALLY GOING TO 2K.... too many brainlets still in the game
>>49616797and even at 3500 he has the capital to defend against liquidation
>>49616797>he has ample capitalORLY?cunt needs a winch to visit Capn Nemo.this boyos so fucked.
>>49616850>BTC IS REALLY GOING TO 2K.morons like you are getting euphoric, bottom is very near
>>49616783Nice meme would be a shame to have to borrow it.
>>49616821sorry im retarded
>>49616555checked, based poetry
>>49616866HES FUCKING BILLION$ IN THE SHITTER ALREADY.>JUST ADD MORE CAPITAL IF HES BEING MARGINATED @ 3.5K LMAOMORE CAPITAL FROM FUCKING WHEREFORE?
>>49616866>and even at 3500 he has the capital to defend against liquidationnot much point defending against liquidation then
I'm thinking that buy wall at 21,000 is about to get knocked down
>>49617055This. Does his fund have other investments? They can’t be doing well either.
>>49616639Except its not even happening you dumb cunt.Theyll just put down as much collateral as they have to.
realistically, does anything happen when it dips under $20k
Saylor has definitely been selling off his early purchase of BTC by using his company to purchase it all with investors money lol.
We did it, Reddit.
>>49615430FUCKING ZERO
Next stop 20k
>>49617208no
>>49617047What was that autism I just watched
>>49616943Yeah I don’t pay for memes I steal them
>>49617190>>49617055-> >>49616275
>>49617293just going through his cope
>>49617352cryptowhale has been wrong on almost everything, wonder retards follow him
>>49617352YOU'LL NEVER HAVE MY MEMES! COME AND I WILL GIVE YOU AN HONORABLE DEATH!
And it was a nothingberger
18k within the next 6 hours.
He said it was 3k wtf are u getting this from?
>>49616275So what, does he just have infinite money? I don't understand how he could lose money on such a massively leveraged investment and not feel the effects eventually
>>49617541He's coping where is going to get all that collateral from
>>49617561microstrategy’s actual business is software sales>Secured Term Loan: In March 2022, MacroStrategy LLC (“MacroStrategy”), a wholly-owned subsidiary of MicroStrategy, entered into a Credit and Security Agreement with Silvergate Bank, pursuant to which Silvergate Bank issued a $205.0 million term loan to MacroStrategy (the “2025 Secured Term Loan”). The 2025 Secured Term Loan is not guaranteed by any party. The 2025 Secured Term Loan is a senior secured obligation of MacroStrategy and bears interest at a floating rate equal to the Secured Overnight Financing Rate 30 Day Average as published by the Federal Reserve Bank of New York’s website plus 3.70%, with a floor of 3.75%, and is payable monthly in arrears beginning May 2022. The 2025 Secured Term Loan will mature on March 23, 2025, unless earlier prepaid or repaid in accordance with its terms. The total net proceeds from the 2025 Secured Term Loan, after deducting lender fees and third-party costs, were approximately $204.6 million. The 2025 Secured Term Loan is collateralized by bitcoin held with a third-party custodian and by a $5.0 million cash reserve account with Silvergate Bank. MacroStrategy is required to maintain a Loan to collateral value ratio (“LTV Ratio”) of 50% or less (not including the cash reserve). As of March 31, 2022, approximately 19,466 of the bitcoins held by MacroStrategy serve as part of the collateral for the 2025 Secured Term Loan. As of March 31, 2022 the net carrying value of the 2025 Secured Term Loan was $204.6 million, net of unamortized issuance costs, and was classified as a long-term liability in the “Long-term debt, net” line item in MicroStrategy’s Consolidated Balance Sheets.so basically he has to maintain his total bitcoin holding wrapped up in the loan at 95 million minus whatever he’s already paid thusfar
>>49617561michael saylor is the world's foremost expert in losing money
>>49616477He’s a retard. Probably will still make money even if his firm goes tits up. But his investors will be GUHing
>>49615442it really is interesting to witness
while you retards are talking about liquidating a position which has no margin call, here is the actual target you should be looking athttps://oasis.app/25977#Overviewits celsius
two more weeks until Saylor is liquidatedtrust the plan-S B F
>>49617862But he holds $2.71 billion worth of BTC...which is less than what he bought if for. That loan of $200 million can't account for all of this....where did he get the extra billions from? I thought his loan was much larger.
it looks like he isn't gettin liquidated and isn't selling off, in fact he is buying morewhich means institutional investors like him aren't jumping ship and its retail retards sellingdo with this information what you will
>>49618188>institutional investors like himSaylor is not an "institutional investor" lmfao
AhemFuck Bitcoin and digital money That is all
Can this thing crash to a couple bucks already I wanna be a gigawhale of funnymoney, will be worth less than literal monopoly money but hey I can tell people how rich I coulda been
>>49618275>>49618291cope and stay poor
>>49618188Yeah sure it's all the retail investors waking up in the middle of the night to dump exactly at the same time...How much of a retarded nigger can you possibly be?
>>49618266how is he not?institutional investors are just whales fyi(some big bank ceo's words not mine)
>>49618188I don't believe any of these institutional nu-wave faggots in crypto who got in after 2017 have any handle on how it works. I'd almost trust the opinion of random shitposters on /biz/ over them.
it's over...
>>49618459>unrealizedso it's literally nothing then.btc bounces back, it always does. it'll reach a higher peak in a few years.
>>49618405I would consider "institutional investors" to be trusted managed funds, investment banks, etc, not just whales. Saylor is just one crazy autist with access to a lot of leverage.
Who is the op? I never really followed these things until now
>>49618499Sam Hyde
>>49618489>btc bounces back, it always does. it'll reach a higher peak in a few years.>it'll never go below 40k>it'll never go below 20kstop coping and recoup and sell. At least then you'll have something
>>49618389> to dump exactly at the same time...1h hour chartyou're full of shit and you know it>>49618495jp morgan is looking at btc in 50k range eoy, 65k 2023 and 100k 2024 is this good enough for you?
>>49618499How do you not know Sam Hyde.. only trader alive to keep getting away with trillions of dollars in 70s, dot com boom and the 2007 peak. No one has yet understood how he does it.
SAYLOR DOWN BAD
What's up with all the saylorfags coping and in full damage control?It's over you stupid faggots, saylormoon got liqui'd, your hero lost billions.
>>49616821Proof?
>>49618660Anyone who expect to predict btc is an absolute tard. Jp Morgan or anyone else, physical or moral entities alike.
That's the way she goes frenswas fun while it lasted. I am holding to zero because I'm batshit retarded and missed out on 6 figures but it's truly over. see you in the pits, buying up mad stacks only to lose another 99% LFG
Is there an actual time (EDT) when the margins come due or expire or what they do?
>>49618380not as poor as u, yikes I'm making more of these 3-4% property loans LMAO.Nice losses, I'm happy with my 500k+ stack sold at 44k seeya!
>>49618147the loan is what he used to buy the btc with leverage, which is why everyone is concerned about him getting margin called. so he used 10x leverage on the buy ins overall, although he bought at multiple price points their balance sheet is misleading if you don’t understand accounting, they’re not going to realize any losses until they get liquidated or sellincome statement shows they had an unrealized loss of $194,000,000 in 2022 and $170,000,000 just from the price of btc dropping. so thats nearly 400 million gone and this quarter isn’t even over yet, will be much more after June financialsif he gets margin called he’ll have to add in cash from his software sales but they only make 93 million a year from thatbefore expenses, so it’s kind of ridiculous to say that he just has the cash to bail himself out
>>49618380Post wallet, and bank balance.
>>49615430i dont get it, why would mstr get margin called at 21K
>>49619092he also has 2.3 billion worth of long term debt (the loan and whatever else he uses to finance his business) so if he ends up bleeding cash and is unable to pay the loan the bank is going to take the btc since he has half of it as collateralI think he’s fucked but any zoom zooms lurking can feel free to prove me wrong
>>49619122>>49619037>2 other random niggers larp at megive me your email, biometrics and a photo with sharpie up pooper first
>>49618880no not at all.everyone has the completely wrong take on the saylor thing.Only like 30k of his 130k btc are on loan. he can use the other 100k to post more collateral, thus avoiding any forced liquidation. Or he can cover by selling microstrategy stock, he still has at least $1.5B in stock.THE REAL PROBLEM IS HIS INTEREST. The interest on a 700M dollar loan used for gambling has gotta be high, like potentially 12% per year. he might need to just slowly sell 5k btc a year to pay the interest, which would ensure the bleeding never stops
>>49619092Ok thank you for the explanation. So he 10x leveraged on his $200 million loan (plus some additional cash)? Is that correct?
>>49616444Trips so can we all agree to hate that faggot over at RT? Whatever his name is I forget.
>>49618880>>49619305wait dont listen to me, this guy>>49619092>>49619217understands it way better than i do
Feels good only having like 16 cents worth of crypto because I'm not a retarded hodler and I actually spent it. Speculators get rekt.
>>49619305Oh, OK, thanks. I imagine his interest rate is tied to the Fed and if the Fed goes the full 75 basis points, that will kill a lot of collateral. Anyway, fun to watch from outside.
>>49619394Lol, Max Keiser?
>>49619559YES. FUCK that fucking FAGGOT ASS KIKE RUSSONIGGER. He's honestly just a real piece of shit that cares for nothing but himself. You can see it in his eyes, tone, mannerisms, facial expressions. He's not even living rent-free, he just left such a bad taste after seeing him in that Bitcoin march fiasco in Miami and listening to him talk.
>>49619240>larp at meKEK. Post balance, Pradeep. Do the needful, sir.
>>49619693here is 1 exchange, i have 2 houses worth more than it but whatever. your turn, sharpie ready?
>>49619306it’s actually worse lol, I couldn’t find where they kept their financial statements with notes until nowin total he’s bought about 3.77 billion worth of btc, which leads me to believe that he’s already sold some of it. and is just using the impairment loss on the income statement an expense without reducing his asset value, and the stock price. so he’s already lost a billion in “real money”, however another page of the report says that he still holds 125k of btc @ the 3.77 billion purchase prices so I don’t really understand that yetso 10x leverage is a rough estimate, I doubt that it’s less. he could have used cash that he already had in retained earnings or stock to buy it too, but I can’t spend that much time looking into it tonight
>>49618784you're retarded
>>49618459i still don’t understand this. his carry value on the balance sheet is 2.8 billion. either saylor sold some already or he’s committing fraud again imo
>>49617047This guy is a fucking lunatic
>>49621513average buy price is 30k~ for himhe has 150k btcdo the math
>>49621513ya hes committing fraud that only you managed to find in his SEC scrutinized filings. You're the chosen one who has the answers. Take your meds
>>49621679you’re right, but I think he fucked up>>49621852the auditors are the ones that scrutinize his reports, the SEC does nothing unless some kind of red flag is raised
>>49615430whales will go after saylor
>Hyperventilate>check chart>HYPERVENTILATE MORE>check lovelace savings>it still hasn't dumped>actually on profit still>check BTC chart>Hyperventilate
>>49621852>SEC>actually scrutinizing someone like thisKek no, they’re too busy watching pornhub to do their jobs
Cryptotards are living in fantasyland where margin calls and loans are all arbitrated by some defi gods who are all fair and just.In real world people split other peoples head with an axe if it makes them a buck. He has a software business? >>49617862 they would go after that. He has bank accounts? They would go after that. Real world is messy. Cryptotards are about to learn it the hard way.
>>496154303HKfPyUnzHoFBgE62uxbERDvC2yuV5oxy8
>>49615757We'll be flipping patties until nuclear war erupts
>>49621264Nah, he aint
So, did it happen?
>>49621956Oh so you found a red flag by looking at a routine filing page, but the auditors totally missed it. Sure! MEDS SCHIZO. >>49622590Meds schizo.
>>49615430DIGITAL BEESLIGHT SPEED ENERGYKEK
>>49616282>$900think of the sheer number of suicides that would occur if we hit $900. Michael Saylor would literally strap himself to a rocket flying into a massive concrete Bitcoin symbol when that happens.
>>49621513He issued a 500mn bond to buy bitcoin. What is your problem?Mstr is essentially a bitcoin call option with a strike at 30k and a knockout barrier at 3k.
>>49615701Yeah thank you Michael Saylor for $500 Bitcoin.
>>49615999Trips of absolute truth
>>49616850>HAHAHAHAHAHAHAAHAH
>>49615804>if satoshi also starts selling (or already is) then it's game overPffffmhahaha what the fuck?
I just heard this dudes voice for the first time a couple hours ago. wtf? he sounds all nasally and looks like his face doesnt move properly, did he have plastic surgery or something?
>>49615789/thread
>>49626092His real face got shredded off in some weird kink tranny prostitute accident. He sold a little Bitcoin to pay for the face of one his dead employees to be grafted to his head.
>>49616109>>49616850>liquiditydaily volume is $64B>fakednot completely
>>49618489>it happened before so it must happen again
>>49617047I think saylor actually thinks you can recover the energy expended in mining a bitcoin
>>49627858>it happened before so it must happen again
>>49619092crazy question, why didn't he just buy bitcoin? why did he have to use leverage?
>>49618489Assuming it did bounce back in a couple of years, that would still be 5-6 years of risk on a 3 billion dollar investment with multiple loans as collateral and no realized profits.I don't need to tell you that that's not good business. They had the chance to withdraw on a profit multiple times during the fall, turning a profit during recession which is a good feat. Instead they're left scrounging for money to keep their stockholders from roping.
>>49628463Why make 100 million when you can make 1 billion?Greed.
>>49623182A man can dream
>>49622670did you watch the big short? kind of like how michael burry was under a huge amount, but so long as he kept making the interest payments they couldnt touch him. he even emailed clients saying funds are safu.he ended up winning.similar situation with saylor. cope and seethe
we are waiting for you
>>49629952his interest rate must be at least 10% considering the loan was taken out to gamble.so he's gonna be selling 4k btc a month, for years. what do you think that'll do to the price
>>49630272his loan is $200m, you have no idea what his interest is.>the only assets MS has is bitcoin4000 bitcoin a month?i too believe it fairytales https://oasis.app/25977#Overviewfollow this if you want to see the real margin call
he's been awfully quiet since his margin call dropped
>>49630402Wonder if he could/would ever short to cover his position. At the very least, this may show people that it is wise to be quiet about adopting Bitcoin, that is unless driving hype up was or is Saylor's bottom line.
>>49630463he's been selling to make the margin
>>49615430I want to see him liquidated.
>>49630472>>49630463and lying about it
>>49617992yet he is a billionare and you are a wagie
>>49616223He has pretty nice tits.
>>49615430Is this even true? It's all just speculation
Imagine, in the far future, when the fabled $3.2 trillion MicroStrategy fortune is discovered in some underground vault.
Based Saylor making /biz/ seethe
Nothingburger fake FUD
>>49615847>6 digits>duhrrrrrrrDevasini says h2WRPhello.
>>49630696weeeelll..either the CFO of MicroStrategy is a liar, or the guy currently telling you, he can buy 130,000 BTC (with borrowed and leveraged cash) @ AVERAGE OF OVER $30k+.. and hes absolutely fine and got zero financial problems whatseover, unless BTC hits $3.5k. Or $4k - amount depending upon time of day.SO, who is the liar here?take YOUR pic anon.
>>49615430please Bobo financially destroy this Saylor faggot. never in history has there been a bigger financial spastik than this guy. I want to see him jump out of the window from his office onto incoming traffic. Praise be
>>49631113>>49631096cope and seethe
>>49631464heres a present for you anon.fill yur boots.https://www.google.com/search?&q=google+calculator
>>49631619heres a present for you anon
>>49631703yes, le magic 'I can buy 130k BTC at 6 times current price, with borrowed and on leverage for shits n giggles, and not lose money' face. What. a. Guy.Tell me, how does he do it?I suspect its photoshop tricks myself.
>>49631765rent free.stay mad and poor
https://twitter.com/saylor/status/1523996525151539203Biztards always disappoint.
>>49633082SO, this idiot is claiming, he will use the entirety of his Bitcoin holdings - which hes ALREADY billion$+ down on - JUST to back 1 (one..) fucking $205m loan? I'm totally sure he paid cash for the other $3.6b BTC. Like, for real, Dude.
Did he get liquidated or not?Seems like he did and is trying to cope and put a brave face on.
>>49616275>STEADY LADSAHAHAHAHAHAHAHHAHAHAHAHHAA