He officially gets in trouble financing wise if Bitcoin loses
95% of its value. His colleteral for funding? More Bitcoin of
course.
It is getting hammered for now, though crypto is here to stay
long term, just the big boys will be buying 5-10x more than El
Salvador gets to price wise. El Salvador added in the 40s, so it
has to go much lower. I'll be looking to buy large cap crypto once
it is clear a trade low is in.
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BTC banging down at 21,000.
Posted by racerick on 13th of Jun 2022 at 09:54 pm
BTC banging down at 21,000. This could get interesting to see how MSTR handles a margin call if needed
He officially gets in trouble
Posted by fundamentalvalues on 14th of Jun 2022 at 07:42 am
He officially gets in trouble financing wise if Bitcoin loses 95% of its value. His colleteral for funding? More Bitcoin of course.
It is getting hammered for now, though crypto is here to stay long term, just the big boys will be buying 5-10x more than El Salvador gets to price wise. El Salvador added in the 40s, so it has to go much lower. I'll be looking to buy large cap crypto once it is clear a trade low is in.