Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
August 11, 2020, 01:35:10 PM |
|
Probably Warren Buffet just teasing us. 'This wire was released as a prank by a junior PR who has now been relieved of duty.'
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
BobLawblaw
Legendary
Offline
Activity: 1826
Merit: 5551
Neighborhood Shenanigans Dispenser
|
|
August 11, 2020, 01:41:42 PM |
|
https://twitter.com/whale_alert/status/1293180092907245568Bob, is the "Activity" connected with the post amount? So, if you delete your posts the "Acitivity" will decrease too? Yes. As your posts get deleted, your activity lowers as well... which is kinda ironic, because manually deleting every message you have ever posted on this site is a heck of a lot of activity.
|
|
|
|
Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
|
|
August 11, 2020, 01:44:31 PM |
|
Probably Warren Buffet just teasing us. 'This wire was released as a prank by a junior PR who has now been relieved of duty.' man, no one should have to tell you to specify the source. BTW, if fillippone has it on his Bloomberg terminal it must be true.
|
|
|
|
JSRAW
Legendary
Offline
Activity: 2156
Merit: 1538
|
|
August 11, 2020, 01:45:37 PM |
|
Putin : Vaccine is ready...
|
|
|
|
bitcoinPsycho
Legendary
Online
Activity: 2478
Merit: 2092
$120000 in 2024 Confirmed
|
Putin : Vaccine is ready... You first
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
August 11, 2020, 01:48:04 PM |
|
source is me, doofus, predicting how it might turn out. but maybe not. hope not
|
|
|
|
Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
|
|
August 11, 2020, 01:49:20 PM |
|
Bob, is the "Activity" connected with the post amount? So, if you delete your posts the "Acitivity" will decrease too? Yes. As your posts get deleted, your activity lowers as well... which is kinda ironic, because manually deleting every message you have ever posted on this site is a heck of a lot of activity. thanks Bob. that changes a lot. but if you want more opsec there is no way around i guess.
|
|
|
|
Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
|
|
August 11, 2020, 01:50:23 PM |
|
source is me, doofus, predicting how it might turn out. but maybe not. hope not
who is "doofus"? the source? https://youtu.be/HrcbCW4y9Dw
|
|
|
|
lightfoot
Legendary
Offline
Activity: 3108
Merit: 2240
I fix broken miners. And make holes in teeth :-)
|
|
August 11, 2020, 01:57:33 PM |
|
Putin : Vaccine is ready... Sure. I would trust the Russians till the end of the earth....
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
|
|
August 11, 2020, 02:06:02 PM |
|
That is something similar to what I have been saying, but of course it is nice to hear credible others make similar assertions, too. My assertion has been that the bull market started in April 2019, but it was not really confirmed as entering into bullish status until about the middle of May 2019.
|
|
|
|
Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
|
|
August 11, 2020, 02:12:43 PM |
|
almost all WO's united. nice.
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
|
|
August 11, 2020, 02:35:36 PM |
|
|
|
|
|
bkbirge
|
|
August 11, 2020, 02:41:45 PM |
|
Trigger Warning: Businesswire https://www.businesswire.com/news/home/20200811005331/en/MicroStrategy-Adopts-Bitcoin-Primary-Treasury-Reserve-AssetTYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, inclusive of fees and expenses. The purchase of Bitcoin cryptocurrency was made pursuant to the two-pronged capital allocation strategy previously announced by the company when it released its second quarter 2020 financial results on July 28, 2020.
The company addressed the first prong, which called for returning a portion of its excess cash to shareholders, when it announced today that it had launched a cash tender offer for up to $250 million of MicroStrategy’s class A common stock via a modified Dutch Auction offer. By acquiring 21,454 bitcoins, MicroStrategy addressed the other prong of its capital allocation strategy, which called for investing up to $250 million in one or more alternative investments or assets.
“Our investment in Bitcoin is part of our new capital allocation strategy, which seeks to maximize long-term value for our shareholders,” said Michael J. Saylor, CEO, MicroStrategy Incorporated. “This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash. Since its inception over a decade ago, Bitcoin has emerged as a significant addition to the global financial system, with characteristics that are useful to both individuals and institutions. MicroStrategy has recognized Bitcoin as a legitimate investment asset that can be superior to cash and accordingly has made Bitcoin the principal holding in its treasury reserve strategy.”Damn Bob, you beat me to this! Very big news. First publicly traded company to dump fiat currencies and embrace hard money trough digital Gold. This is a turning point for bitcoin. Is this why we've dropped a little do you think? The current price is around what these folks paid per bitcoin. https://cointelegraph.com/news/worlds-biggest-business-intelligence-firm-buys-21k-btc-for-250mBarry Silbert, CEO of crypto investment giant Grayscale, also praised the company’s decision. He tweeted: “MicroStrategy, a $1.2 billion company, just turned itself into a publicly-traded bitcoin play. Smart.”
|
|
|
|
Icygreen
Legendary
Offline
Activity: 1463
Merit: 1135
|
|
August 11, 2020, 02:47:40 PM |
|
MicroStrategy® ran the fucking numbers.
|
|
|
|
bkbirge
|
|
August 11, 2020, 02:53:45 PM |
|
mother of fuck Twenty-one thousand, four hundred and fifty-four bitcoins. .1 % of entire supply. They are planning long term.
|
|
|
|
Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
|
|
August 11, 2020, 02:57:36 PM Merited by BobLawblaw (1) |
|
Is this why we've dropped a little do you think? The current price is around what these folks paid per bitcoin.
Buy the rumour, sell the news? Maybe?
|
|
|
|
|
aesma
|
|
August 11, 2020, 03:30:24 PM Merited by JayJuanGee (1) |
|
Bob, is the "Activity" connected with the post amount? So, if you delete your posts the "Acitivity" will decrease too? Yes. As your posts get deleted, your activity lowers as well... which is kinda ironic, because manually deleting every message you have ever posted on this site is a heck of a lot of activity. thanks Bob. that changes a lot. but if you want more opsec there is no way around i guess. Activity and post count are linked but there is another factor, time. Activity is the number of days since the first post on the forum, assuming you post at least once every 14 days (activity period), and assuming you average 1 post/day. Less than 1 post/day, your activity will be equal to your post count. Miss an activity period, you lose the opportunity to get 14 activity. If Bob continue to post at some point his post count will exceed his activity again.
|
|
|
|
Phil_S
Legendary
Offline
Activity: 2091
Merit: 1461
We choose to go to the moon
|
|
August 11, 2020, 03:31:43 PM |
|
Who sold them 21,454 bitcoins?
|
|
|
|
Torque
Legendary
Offline
Activity: 3556
Merit: 5041
|
|
August 11, 2020, 03:32:32 PM |
|
Trigger Warning: Businesswire https://www.businesswire.com/news/home/20200811005331/en/MicroStrategy-Adopts-Bitcoin-Primary-Treasury-Reserve-AssetTYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, inclusive of fees and expenses. The purchase of Bitcoin cryptocurrency was made pursuant to the two-pronged capital allocation strategy previously announced by the company when it released its second quarter 2020 financial results on July 28, 2020.
<snip>
Seriously tho, how the fk is this company still around? And how do they have $250M in cash just laying around? MicroStrategy had a huge stock run-up during the Dot Com bubble, but crashed massively thereafter and should have gone completely bankrupt. How they survived when so many other dot coms got wiped out is completely beyond me.
|
|
|
|
|