My speculation for that question would be if Tesla and Microstrategy’s stock prices went down because their quarterly income statement is being affected negatively because of their bitcoins held in their treasury, this might cause shareholders to pressure the company to sell their coins. However, between Tesla and Microstrategy, it is very clear that Tesla would be the first to dump if one of them dumps.

Also, it is not only Tesla and Microstrategy that are exposed to bitcoin. There are other institutional investors who are holding it, who also might dump it without thinking twice if their portfolios of stocks and bonds are taking losses. This might appear anatagonistic for much of you, however, I am not being antagonistic. This is reality.

It is very clear that Max Keiser is talking about Argentina. There were some articles that mentioned that Jack Mallers has been in talks with the people in the Argentinian government for a partnership with his company strike.me. I reckon there might be an announcement within 3 months.

It appears that another country publicly holding bitcoin in their treasury might begin a geopolitical game of who is not holding bitcoin might be left behind. This will be very exciting to witness in the cryptospace hehehe.

Agreed. The thread should not be about if Michael Saylor is getting anxious, it should be more about what price is Michael Saylor waiting to buy the dip. It is very clear already that the community should not be worried about him or his conviction on his investment in bitcoin. Whatever Saylor is presently doing, we can be quite certain that he is always ready to buy more.


Michael Saylor in his room

@Darker45. I do not know hehe. It certainly makes it appear that some people working in Binance’s human resources department are not good in their jobs or they might be desperate to find anyone for the position hehe.

However, you might also be correct! It might only be an attempt to make Binance appear compliant. This article was published last week. I reckon this might be why FTX was working with regulators from the beginning. Sam knew it would give his exchange the advantage.



In public, Binance said it welcomed government oversight. At the same time, the firm was withholding information from regulators, maintaining weak checks on customers and acting against its own compliance department’s recommendations, a Reuters investigation has found.

Source https://www.reuters.com/investigates/special-report/finance-crypto-currency-binance/

It appears this president is motivated with strong convictions in an ideology which also can be speculated that he will never listen to the IMF’s demand to remove bitcoin’s legal tender status in El Salvador. I support this tweet, however, I am afraid that Bukele should begin to be cautious for his family’s safety and his own. Those bloodless vampires behind the IMF will do anything to maintain the existing state of their monetary system.

I reckon the other South American leaders should unite and push back.



Wanna see hypocrisy?

Look at the ones supporting a President who wants to go to war to boost his approval ratings, sending gas prices to the roof in the midst of a global inflation that will send hundreds of millions into poverty.

But they’re concerned about McDonald’s jokes

Source https://mobile.twitter.com/nayibbukele/status/1485754688628789249?s=12

I disagree. This is a warning and this should never be underestimated. The people who are behind our present monetary system are ruthless and cold blooded monsters. They will do anything to protect the exisiting state of their monetary system. Bukele’s presidential term will end on 2024 with a chance to win again on the next election for another 5 years. It would not be very shocking if we witness a coup d’etat or something worse unless El Salvador removes legal tender status. Those cold blooded monsters work on a different set of rules.

However, if Bukele does not listen and the countries in all of South America unite under the acceptance of bitcoin as legal tender, the IMF will begin to be running it scared hehehehe.

This thread is about who shares valuable information and also the quality of their analysis and opinions after the information was given. Giving the correct predictions is certainly also important, however, listening to people who closely follows the sport and who knows what he is talking about to help readers in their own analysis is more important, I reckon. It is similar to the saying give a man a fish hehe.

I added you to the list and @aoluain. I knew you are a quality poster from the beginning, however, I am not very familiar with rugby. I had to read through the thread slowly. Presently with NFL season ending, I want to know more about this sport hehehe. Thank you for this thread!

https://bitcointalk.org/index.php?topic=5265288.0

Agreed! I am also rooting for the 49ers! It will be something special if they win the superbowl and will be so much special if it is versus the Chiefs! Similar to how the Buccaneers’ superbowl victory as the underdog and the revenge for the loss of 2019’s superbowl hehehe. Go 49ers!

I am honestly hating the Chiefs and Patrick Mahomes for eliminating Josh Allen for the second year now hehehe.

Also, Odell Beckham Jr. chose the wrong day to be paid in bitcoin hehe.



Based on Monday’s bitcoin prices, and assuming that Beckham did convert a lump sum of $750,000 into bitcoin when the deal was made in November, that salary would now be worth about $401,500, and, despite the drop in value, he would still have to pay taxes on income as provided to him at its $750,000 value.

Because it is not known whether Beckham moved the $750,000 sum all at once into bitcoin or spread it over multiple conversions, it’s difficult to pinpoint an exact dollar figure for Beckham’s losses. If the deposit was made on Nov. 12, that investment is now worth around $35,000 after federal and state taxes, according to Darren Rovell of the Action Network and formerly of ESPN and CNBC.

Source https://www.marketwatch.com/story/nfls-odell-beckham-jr-took-his-750-000-salary-in-bitcoin-how-much-did-it-end-up-costing-him-11643050374

Why are you assuming that I am worried? Also, I was only comparing Elon and Michael Saylor’s conviction on their bitcoin investment and I was only speculating that Elon would be first to dump if one of them would dump.

If bitcoin dumps more from the present price, their quarterly income statement would lessen the company’s income or increase loss if unprofitable. This might possibly also affect the company’s stock price which will make shareholders unhappy.

In any case, why would you say that Tesla’s dumping of coins held in their treasury be good for bitcoin? Would this not lessen institutional adoption?

Also, agreed in more bitcoins should be in the pockets of ordinary people if also given the choice.

I was only arguing that if China’s crackdown during 2021 only occured as fud, the miners would not have dumped their coins, the large exchanges left operating in China would have not have disallowed Chinese citizens from their platforms and we would remain having those Chinese investors pump the market.

2021’s crackdown was not similar to the crackdowns before this. That was why we had what was called the China fud because there was no hard enforcement. China’s ban of 2021 however was not fud. It really drove the miners and the exchanges away.

I also read that you speculate $2X,000 might be a possbility. I agree! It is good to see everyone beginning to witness the reality of the situation. The market is overleveraged and there will always be a funding reset.


I speculate why they do this is more for their polical agenda. However, the difficulties of the transition to renewable energy might also be another reason. China is also presently beginning to target crude oil and they might lower imporation similar to what they did to their coal importations.



Top Chinese state-owned conglomerates are having to reevaluate their oil-related operations as the country moves to implement President Xi Jinping's vision for achieving zero net carbon emissions by 2060.

Source https://asia.nikkei.com/Business/Energy/Chinese-state-groups-write-off-assets-as-future-of-oil-dims

@rdbase. Agreed. It was very unlucky for the Bills to lose because of a flip of a coin before overtime. I am not a fan, however, I am a fan of Josh Allen. It is another year that he was stopped by Mahomes in the playoff.

It also appears the results of the post season has created a clear road for the Chiefs to win the superbowl. The Bengals in the conference final and either the 49ers or the Rams for the superbowl. Let us be together to side with the Bengals and either the 49ers or the Rams in the hext games hehehehe.

@Hueristic. I am not a Bills fan, however, I felt the heartbreak hehe. Josh Allen did everything, answering every touchdown from the Chiefs but the Bills defense! It was the most horrible performance of a secondary in a very important game in this post season! This is very much a similar problem with the Chargers. However, the Bills does not have an excuse! They were one of the the highest ranked secondary during the regular season! Someone put something in the gatordade!

The Buffalo Bills is very hard to beat if Josh Allen is being Josh Allen in a game that matters hehehe. He just threw a 75 yard touchdown to Gabriel Davis near end of the 3rd quarter to answer Mahomes. Every touchdown by the Chiefs, Josh Allen has also scored with his own touchdown hehe. This defense of the Bills does not look like what they were during the regular season, however.

These divisional games have been unpredictable. The Bengals, 49’ers and the Rams, 3 underdogs won by only 3 points to get their slot in conference final hehehe. The Chiefs and the Bills might also be a very close game.

Shaking my head, I will stop betting until the superbowl. I have not won anything in the playoff hehehe.

In any case, very happy for the 49ers fans in this thread. That victory versus the top seed must be the sweetest win even if it was not a very beautiful performance.

@Lucius. No one is blaming China hehehe. I only said it can be argued that if China did not begin the not fud ban on bitcoin mining and the ban on exchanges under their jurisdiction, the price of bitcoin might not have dumped below $45k and bitcoin might have continued to $100,000.

Also, are you telling us that the bull market has ended? Where do you predict the bottom price for bitcoin?

This is what Bukele should be doing instead of showing arrogance. This shows that we are in this together from the bull market to the bear market. He might only be joking, however, this also shows that he wants to be part of the community and his intentions for bitcoin and the cryptospace are not short term and not only in during the good times, out during the bad times.



#NewProfilePic

https://mobile.twitter.com/nayibbukele/status/1485031106982428677?s=12

You might be correct on the 49ers. However, they are overrated only by the sportsbooks. We the fans know they had a very challenging regular season. We also witnessed their last regular season game. It has won many hearts including mine hehe.

In any case, I am shaking my head. I am not certain why the Packers spread is only -5.5 because I think that they can win easily by 1 touchdown.

However, I use expert because those people know what they are saying and sharing in the gambling subforum. They are really following all those sports and they will give much more intelligent opinions and evaluations than others to help you with your own opinions and evaluations. This is very much similar to those traders in social media who share their charts. They might share intelligent analysis that might help you, however, profit is not a certainty.

Microstrategy’s bitcoins bought on 2020 might be profitable, however, their bitcoins that were bought during 2021 are presently with a loss according to this article.





Source https://www.bloomberg.com/news/articles/2022-01-19/bitcoin-hodler-saylor-says-microstrategy-will-never-sell-stash


However, we should not be worried about Michael Saylor. He appears to be a strong handed hodler who will have an ulcers proof stomach to hold until the end of time hehe. But the person who we should be monitoring is Elon Musk and also Tesla. Elon is more unpredictable and Tesla’s bitcoins is almost in loss with an average price of $34,200. It would not be very shocking if there is an SEC filing that announces Tesla’s dump of bitcoins.



Estimates have suggested that Tesla bought its $1.5 billion BTC stash at an average price of $34,200 a coin.

Source https://coinmarketcap.com/alexandria/article/revealed-how-much-profit-tesla-has-made-after-buying-bitcoin

It can also be argued that if China’s policies towards bitcoin mining and cryptocoin trading had clarity, I speculate that the dump that began during April of last year would have not occured. Bitcoin might have continued pumping and those laser eyes bitcoiners would have acheived the goal of $100,000. It might also be that China’s ban is what broke the pattern and the bottom of the next bear market might bring bitcoin under 2017’s all time high for the first time.