I love it when Bitcoiners reflect on the FUD as it helps all the newcomers to learn what is happening and not be shaken out. As bitcoiners we can be in a bit of an echo chamber but trying to reflect on how we may be wrong is a good path to analyse. Great work. Thank you 🧡
This was a much needed video. Thanks. In my mind I would rate the biggest risks to be: - Government siezure - Risk of shenanigans going on in MSTR or Saylor perpetrating shenanigans (internal operational & fraud risk) - The Honey pot risk (external maliscious actor attacking any vulnerability/point of failure in MSTRs chain of custody) All of these risks are known, so I sincerely hope that Saylor and team are constantly improving on their management of those risks.
@@njaalsturlasson2351 I'd probably agree on those being the bigger risks, still minor in their percentage of probability imo. And I agree as well with hope in the team to know these risks and work on them.
i think it is a mistake to try to sell the top next week. it's probably a better idea to simply buy or hold. but thank god i got a little t rex 2x amirite?
Thank you for this video! There’s been soo much hype and FOMO around MSTR lately but almost no discussions of the bear cases. The fact that Coinbase custodies a majority of the bitcoin from the bitcoin etfs, as well as that of Microstrategy.. just points to steeper and steeper centralized control.. it certainly is a honey pot, and such a rich target for would be hackers/attackers, (and also the government like you said in the video) it’s sort of frightening to think about…
MSTR has their own custody. Saylor has said this without disclosing how, but has said to be willing to help other companies to use the same method and has done this in the past. Saylor understands the massive importance of self custody and he rather promotes bitcoin than MSTR stock.
Excellent overview and scenarios to consider. Tesla at this stage, has the most dependency on its success to one man in Economic History and yes as stated MSTR is there as well. Thanks!
The largest risk I see is that as more and more companies adopt the Saylor playbook they will tweak and change the model slightly. Some will take far more reckless risks in pursuit of alpha. More and more players playing with more and more risk means somebody is going to blow up big.
Is talk about Microstrategy becoming a Bitcoin bank something to consider for those long ? Ie is it possible they will offer shareholders a way to access stored wealth merely by holding their shares?
MSTR has had a huge pump recently. Do you see a dump back into the 200s before going back up? or what support levels do you see in the next week and month?
I think the best pull back we had was Thursday. Next week Saylor will announce buying more Bitcoin with cash raised from last week's atm and convertible bond sales and the price of mstr will go way up imo.
The second the Govt. announces it will start buying , the price of BTC will explode. IMO. that is when they will try to ban self custody. Same as they did to Gold.
I plan to have crypto guests on eventually and force them to explain why there is any value in their coin or token compared to btc. Ripple is definitely on that list because to me it just seems like the most scammy scam fed coin of all time.
heres what a quick search got me on that Coinbase Custody does have insurance coverage for Bitcoin and other digital assets stored in their cold storage systems, but the coverage is limited to losses caused by Coinbase’s own actions or negligence, and not by third-party actions. So probably no in the case you mentioned
@@SouthernBitcoiners I did some research and apparently Coinbase does not guarantee anything. They do have theft insurance available, but I'm sure there are plenty of exemptions.
@@bitcoinnotcryptoLol.. if one person or a small group of ppl have all the btc, then it kills the point and loses most if not all if its value...btc will become an alt coin at that time then. Its like walking back 15 yrs... lol... The goal is to distribute as much btc as possible before big institutions and gov pounce on it with both hands.
Why didn't I think of that 🤦 obvs. As I mentioned the bear market catalysts of BTC are there for mstr too. Will be doing a full video on BTC negative catalysts to be aware of. But a lot of the ones in this video overlap. BTC doesn't just go down, it has to have a reason.
@bitcoinnotcrypto if you study financial markets enough there are plenty of times things go down for no reason at all... Sometimes it can just be a whale liquidating
Does he have an insurance policy on his bitcoin holdings? Not your keys not your crypto. I’m here for the ride because we’re in bull market but I predict that’s gonna be pretty ugly in a bear market
heres what a quick search got me on that Coinbase Custody does have insurance coverage for Bitcoin and other digital assets stored in their cold storage systems, but the coverage is limited to losses caused by Coinbase’s own actions or negligence, and not by third-party actions.
id rather not have to trust an exchange personally, Trust is minimized with a platform like bitcoin well that sends my bitcoin directly to my own cold storage
Lol all good. You just sound like no personality. Also your filter looks pale. You look like Seattle if you were a city. HAHA but again, I still watch you!
I like that you have a reflective view, even when we come to different conclusions. Especially there is no reason for the NAV multiplier greater than 1. See my take: ruclips.net/video/fYzIc4po1Jk/видео.htmlsi=LjUF8q2oVP14Tv2s
Just watched your video. Absolutely terrible take dude. Crazy to think you're shorting something you clearly Lack knowledge on. Also it sounds like you used AI to make it. Owning puts on mstr during a bull run is what nightmares are made of. I understand not owning mstr but betting against it right now is insane.
@@bitcoinnotcrypto I think I understand MSTR pretty well and I am very convinced that my point of view is correct. I guess you think the same, so time will tell who is right. My main motivation was to give viewers also the bearish perspective, as there were only bullish videos when I made it. (has changed a bit in the meantime) Ps: yes, I used an AI voice for various reasons, not sure if I will keep this for future videos.
I love it when Bitcoiners reflect on the FUD as it helps all the newcomers to learn what is happening and not be shaken out. As bitcoiners we can be in a bit of an echo chamber but trying to reflect on how we may be wrong is a good path to analyse. Great work. Thank you 🧡
You get it! 🙂
This was a much needed video. Thanks.
In my mind I would rate the biggest risks to be:
- Government siezure
- Risk of shenanigans going on in MSTR or Saylor perpetrating shenanigans (internal operational & fraud risk)
- The Honey pot risk (external maliscious actor attacking any vulnerability/point of failure in MSTRs chain of custody)
All of these risks are known, so I sincerely hope that Saylor and team are constantly improving on their management of those risks.
@@njaalsturlasson2351 I'd probably agree on those being the bigger risks, still minor in their percentage of probability imo. And I agree as well with hope in the team to know these risks and work on them.
Finding lots of new channels this week. The algorithm is pushing you. Great content. I guarantee you could build a great livestream audience.
been thinking about doing a livestream
600$ next week
i think it is a mistake to try to sell the top next week. it's probably a better idea to simply buy or hold. but thank god i got a little t rex 2x amirite?
0.01 btc at least thats 1,000 dollars
🔥I would really enjoy a video on all the bear cases for Bitcoin 🔥
Great analysis of MSTR and some of the possible pitfalls of the company. Would love to see another video of the bear case for bitcoin.
Thanks. Will make that with the next two weeks. Have to do more research to cover all the cases 🙂
Thank you for this video! There’s been soo much hype and FOMO around MSTR lately but almost no discussions of the bear cases. The fact that Coinbase custodies a majority of the bitcoin from the bitcoin etfs, as well as that of Microstrategy.. just points to steeper and steeper centralized control.. it certainly is a honey pot, and such a rich target for would be hackers/attackers, (and also the government like you said in the video) it’s sort of frightening to think about…
MSTR has their own custody. Saylor has said this without disclosing how, but has said to be willing to help other companies to use the same method and has done this in the past. Saylor understands the massive importance of self custody and he rather promotes bitcoin than MSTR stock.
Excellent overview and scenarios to consider. Tesla at this stage, has the most dependency on its success to one man in Economic History and yes as stated MSTR is there as well. Thanks!
You are so based bro. Great content
MSTR is a game changer ❤
The largest risk I see is that as more and more companies adopt the Saylor playbook they will tweak and change the model slightly. Some will take far more reckless risks in pursuit of alpha. More and more players playing with more and more risk means somebody is going to blow up big.
And when they blow, you can stack sats for cheap... lol
@ 🤤
Great job!
Good stuff
Is talk about Microstrategy becoming a Bitcoin bank something to consider for those long ? Ie is it possible they will offer shareholders a way to access stored wealth merely by holding their shares?
MSTR has had a huge pump recently. Do you see a dump back into the 200s before going back up? or what support levels do you see in the next week and month?
I think the best pull back we had was Thursday. Next week Saylor will announce buying more Bitcoin with cash raised from last week's atm and convertible bond sales and the price of mstr will go way up imo.
@@bitcoinnotcrypto thank for your response.
Im scared @@bitcoinnotcrypto
Just look at where you think bitcoin will go in the next months.
The main risk i think is what if btc goes down and they can’t afford their debt obligation
Their debt is non-recourse
The second the Govt. announces it will start buying , the price of BTC will explode. IMO. that is when they will try to ban self custody. Same as they did to Gold.
Game theory suggests they won't ban that. It would push people to friendly jurisdictions.
Here in the US Trump would never allow that to happen.
Banning Self-custody would be counterproductive.
The best bear case is….ha! Gotcha! There is no bear case!
I am using mstr options to buy more bitcoin and Tesla, but holding my shares though and through
Says who?? Ohh let me guess you are unbiased and dont have an agenda.
You don't have to guess. I introduced myself and tell you my positions in this video and many others.
What if Joe sells the Bitcoin out of spite?
We get cheap sats, nice.
There has to be more copiers. There couldn't be any less copiers right now.
I'm shocked to see how this has taken so long.
agreed. It has been career risk to adopt bitcoin, especially before FASB, not it is career risk to not adopt it imo
All the BTC held by coinbase for MSTR and the ETF's are cold storage!
in Coinbase's custody
@apc4884 No one fucks with Blackrock. They have 11 trillion in assets. Coinbase wouldn't do anything 🤣
Can you elaborate in another video about XRP and Ripple? I’m familiar with other alts, particularly ADA, but have never bothered looking into XRP.
I plan to have crypto guests on eventually and force them to explain why there is any value in their coin or token compared to btc. Ripple is definitely on that list because to me it just seems like the most scammy scam fed coin of all time.
@ I appreciate it bro! Recently found your channel, when I realized I totally misunderstood Micro Strategies business model. Great content!
Bitcoin well asks for an ID verification
you can do a lite account that only asks for a email address.
Another stock split at $1000 😂 this thing is running hard and I feel like there is no chart anymore it’s a black hole for using debt to make money
How can T$ free Ross and not give him his BTC back? That seems rather F’d.
He definitely wont. I'm sure us bitcoiners will rally and send him some sats, I know I will if I can.
His story isn’t over yet. Stay tuned.
$10 soon
lol!!
Need more MSTR content
Does Coinbase guarantee to reimburse its wallets that are hacked and drained?
Do any wallets? Please tell us!
heres what a quick search got me on that
Coinbase Custody does have insurance coverage for Bitcoin and other digital assets stored in their cold storage systems, but the coverage is limited to losses caused by Coinbase’s own actions or negligence, and not by third-party actions.
So probably no in the case you mentioned
@@SouthernBitcoiners the best wallet is your own hardware wallet. No insurance needed.
@@SouthernBitcoiners I did some research and apparently Coinbase does not guarantee anything. They do have theft insurance available, but I'm sure there are plenty of exemptions.
The bear case is if bitcoin goes to zero
Can't happen bro. I've got a limit buy open for 21m at 1 cent per Bitcoin
@@bitcoinnotcryptoLol.. if one person or a small group of ppl have all the btc, then it kills the point and loses most if not all if its value...btc will become an alt coin at that time then. Its like walking back 15 yrs... lol...
The goal is to distribute as much btc as possible before big institutions and gov pounce on it with both hands.
How about Bitcoin going down... Start there
Why didn't I think of that 🤦 obvs. As I mentioned the bear market catalysts of BTC are there for mstr too. Will be doing a full video on BTC negative catalysts to be aware of. But a lot of the ones in this video overlap.
BTC doesn't just go down, it has to have a reason.
@bitcoinnotcrypto if you study financial markets enough there are plenty of times things go down for no reason at all... Sometimes it can just be a whale liquidating
Does he have an insurance policy on his bitcoin holdings? Not your keys not your crypto. I’m here for the ride because we’re in bull market but I predict that’s gonna be pretty ugly in a bear market
heres what a quick search got me on that
Coinbase Custody does have insurance coverage for Bitcoin and other digital assets stored in their cold storage systems, but the coverage is limited to losses caused by Coinbase’s own actions or negligence, and not by third-party actions.
Coinbase is the most trusted exchange. Hands down.
id rather not have to trust an exchange personally, Trust is minimized with a platform like bitcoin well that sends my bitcoin directly to my own cold storage
true is the best shitcoin casion
Id be shocked if we don't pass a bitcoin reserve bill
I really think it’s going to happen.
Smst is up for me 2x short msft
Great content but dang the way you talk is so boring. 😂
I'll wave my hands in the air like graham Stephen to keep your attention next time 😘
Lol all good. You just sound like no personality. Also your filter looks pale. You look like Seattle if you were a city. HAHA but again, I still watch you!
Cool man, neg me harder
I like that you have a reflective view, even when we come to different conclusions. Especially there is no reason for the NAV multiplier greater than 1. See my take: ruclips.net/video/fYzIc4po1Jk/видео.htmlsi=LjUF8q2oVP14Tv2s
Just watched your video. Absolutely terrible take dude. Crazy to think you're shorting something you clearly Lack knowledge on. Also it sounds like you used AI to make it. Owning puts on mstr during a bull run is what nightmares are made of. I understand not owning mstr but betting against it right now is insane.
@@bitcoinnotcrypto First time watching but I’ve got to say I like how you say what you think and don’t care if people like it or not.
@@pmg2120 thanks. Gotta live honest 🙂
@@bitcoinnotcrypto I think I understand MSTR pretty well and I am very convinced that my point of view is correct. I guess you think the same, so time will tell who is right. My main motivation was to give viewers also the bearish perspective, as there were only bullish videos when I made it. (has changed a bit in the meantime) Ps: yes, I used an AI voice for various reasons, not sure if I will keep this for future videos.
Full of bullish, you are not convincing me and MSTR is absolutely overvalued
Short it then.