edwinbear said:

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DiabloWags said:

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You continue to fail to grasp why the notes were priced at ZERO percent given your inability to factor in the price of arbitraging this convertible with the stock options.

I repeat, this was a volatility play.

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The 0% yield on MSTR cnotes can't be explained by vol arbing alone. MSTR's IV (and by extension the value of the embedded call option) is DIRECTLY tied to its bitcoin holdings. Arbutrageurs may have VIEWED this as a vol play, but the pricing of both the cnotes and the options, ultimately, reflects mkt sentiment and demand for exposure to bitcoin's vol and upside potential.

Ignoring bitcoin's role completely overlooks the fundamental driver of MSTR's volatility.

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I wish I understood would you two guys were talking about since my only chance on owning any type of Bitcoin is by buying MSTR. Vanguard has no immediate plans to allow any crypto ownership by its customers even though they just hired an ex Blackrock executive as their new CEO. But I can buy MSTR (just put in an order that I quickly cancelled). And I'm not moving money out of Vanguard just to own some Bitcoin. MSTR seems crazy but it does own a lot of Bitcoin. I'm sort of pissed that Vanguard brokerage prevents me from buying any crypto. That's a really ****ty business policy in this day and age.

103K

Yippee Ki Yay!

googled it, clueless, with longtime investments in stock index funds, not that this decades retired oldfort is a playa..
https://en.wikipedia.org/wiki/MicroStrategy
unrelated: imo in the next few decades global warming, the silent and deadly killla, is gonna take everything away from us; and much worse, from our kids # curse god and die [hard]

Cal89 said:

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103K

Yippee Ki Yay!

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Next stop $111,111 🚀✨ #bitcoin100k

— Paris Hilton (@ParisHilton) December 5, 2024

Is this a top signal?

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.youtube.com/watch%3Fv%3DkZFmgfCakXc&ved=2ahUKEwjQl8D2yZCKAxWDJzQIHRv9AUgQwqsBegQIBxAF&usg=AOvVaw3dRxf6PkuWT6LtYijdBPeL

Sorry if the address above isn't a workable link. I'm horrible at cutting and pasting internet links here.

With that said the above two hour debate, probably one of a thousand Bitcoin vs gold debates, contains a lot of decent information on properties of currencies, commodities, stores of value, taxation policies, inflation, etc. Many of you may already know a lot about these subjects and have opinions on the four debaters. For a novice like me I found it interesting. And I've only watched half. Like him or not I found Scaramucci's statements interesting. He said he didn't think Bitcoin would ever be the official currency in the world or maybe even in any country. But he thinks that with the number of people throughout the world that already use it it has the ability to grow in value because of its perceived value(real or imaginary) as a currency free from government intervention. I hope I've summarized his statements correctly. It's the reason he's investing in it not because he thinks it will be officially adopted. So yes... speculation. Ironically, one of Bitcoin's main assets, more can't be made so it can't be inflated away, seems to be at odds with its current wild price swings. I'm guessing its proponents are waiting for a day when it is so widely adopted that it becomes more stable in price. I myself have no experience with currency markets and don't know the history of investing in world currencies. Maybe these types of wild price swings have happened for decades and investors have traded them.

Edited by Staff said:

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I really don’t see the problem here. You traded United States dollars for hawk tuah coin. She got yo ass fair and square https://t.co/tMLuYisxBS

— Jimmy McNulty (@TsarinaBomba) December 19, 2024

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Yeah, if you lose your money from buying someone's token who only got famous by joking about spitting on we!ners, you kind of deserve it lol