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MSTR Buys 5,445 more Bitcoin (Patreon)

Published:
2023-09-25 16:10:43
Imported:
2023-09

Content

Dev team is updating ArbCloud as we speak and it will roll out shortly - v 1.7. 

In addition, we are updating the ARB calculator which will update shortly also - rem you can file, save a copy and tweak it any way you like for your own purposes. 

Saylor is a very smart fellow, I have been following him for 20 years. He knows what he is doing for the asymmetric bet of his life.  He is also front running Blackrock!!!


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Comments

Anonymous

There has been plenty of concern about BTC Futures suppressing BTC spot price, in the same way Gold is manipulated (and silver) by JP Morgan and the other big banks. The way I see people trying to counter that (in precious metals) is to buy up as much physical metal as possible, to drain the COMEX, so that someone who wants to 'break' the COMEX can buy futures and demand delivery of bullion that is no longer there. That won't work technically because the Futures contracts can be settled for cash if bullion is not available, but it WOULD expose the "There's no 'there' there" aspect of the game that is being played. The problem with the precious metals is that more metal is continuously mined and processed and shipped to COMEX vaults. With Bitcoin, what happens in the BTC Futures market, if essentially ALL of the BTC supply is bought up, and people who hold BTC Futures contracts "stand for delivery", when there is no spot BTC available to deliver? I'm guessing the same rule exists that the BTC Futures contract can be settled in cash (as with the metals), but it WOULD expose to the whole world that spot BTC supply was effectively ZERO, making the Futures contracts MOOT, since no one could ever take actual delivery anyway. Does that make sense? Is it possible to prevent BTC Futures from suppressing the market price if there is no spot BTC available, and since much lower volumes of BTC are being brought to market by BTC miners, compared to the volumes of silver and gold brought by miners to the precious metals markets?

Anonymous

😁💪🚀

Anonymous

He s my second father!