74 sats \ 8 replies \ @grayruby 1 Nov \ on: Best Arguments Against This Guy? bitcoin
I don't think you have to convince him of anything. He is clearly a successful guy and made some money so if he gets rekt (as the kids say) on Bitcoin shitcoins, as long as he still has his stack in cold storage and it is not at risk, he will be ok.
The only thing I might suggest is what Jack Mallers said about his bitcoin hurdle rate being 55% and if you don't think another investment can exceed a 55% annual return, why bother.
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61 sats \ 7 replies \ @siggy47 OP 1 Nov
Remember, though, all his "bitcoin shitcoins" will appreciate at bitcoin's hurdle rate, unless Saylor blows himself up. The ETFs are tracking bitcoin's price.
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43 sats \ 6 replies \ @grayruby 1 Nov
Not necessarily if you are trading them. Most traders don't outperform simply holding. Especially after paying cap gains tax.
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43 sats \ 4 replies \ @grayruby 1 Nov
Also with MSTR, I don't know what the market cap to Bitcoin holdings is now but it was something absurd like 3x a few weeks ago. So MSTR can definitely underperform.
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40 sats \ 3 replies \ @Bell_curve 1 Nov
https://www.mstr-tracker.com/
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21 sats \ 2 replies \ @grayruby 1 Nov
Handy.
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40 sats \ 1 reply \ @Bell_curve 1 Nov
nav premium is 2.668 right now
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0 sats \ 0 replies \ @grayruby 1 Nov
A bit less than I thought. I thought it was around 3 but I will stick with 70k bitcoin instead of buying 186k Bitcoin via MSTR
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61 sats \ 0 replies \ @siggy47 OP 1 Nov
Yeah, that's right. I don't have the trader mindset. He seems to be completely confident in bitcoin 4 year cycles, and expects another long bear in a year and a half or so.
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