Anders Kargaard: Toxic Happy Hour - Can MicroStrategy Double Down As Price Rises? W/Pubby & Danish
One thing I find extremely bullish for Bitcoin is the fact that MicroStrategy apparently can sell more convertible bonds and buy more Bitcoin, solely because the price of Bitcoin goes up. Preston Pysh has confirmed this. They don’t necessarily need to have a higher profit in their business. This is extremely bullish because Michael Saylor CEO and Founder of Microstrategy is likely to do this, but also because all the other companies that eventually start using Bitcoin as their treasury asset can do the same thing. The MASSIVE difference between this and private people going long on leverage is that they have put up their Bitcoin as collateral and often are stoppedo out in a long squeeze if the price drops enough. This effectively sends these private people’s Bitcoin back on the market for sale, as they are forced to sell. MicroStrategy will never be forced to sell, as their Bitcoin is not up as collateral. This is hugely bullish.
Your hosts are PUBLORD.HODL and Danish HODL.
In the pub today:
https://twitter.com/guydbennett
https://twitter.com/Anders_
Important Meme Muppets often to be found in the chat:
https://twitter.com/plan_marcus - creator of our initial super useless thumbnails, finder of the infamous red balloon in the chat and actually a Plan B sock puppet account..
https://twitter.com/gregzaj1 - Lead Hamster, who loves to enter win-lose bets when he appears on Toxic Happy Hour. Source of great entertainment for others.. backup co-host and creative producer of our yet to be launched sponsored segment.. but mostly known as “the backup never needed for anything"..
https://twitter.com/RD_btc - what Greggy would call "next level memer". He is on a first name basis with pretty much all Bitcoin a-listers. Has appeared on THH. Knows about Stonehenge in detail..
https://twitter.com/labrahodl - probably the most under estimated dog in BT meme land, FIRST EVER GUEST on Toxic Happy Hour - not sure why we had him back??, trying hard to enter Twitter jail... and like with most things he is also failing at that.. (corrected, he succeeded.. good dog)
https://twitter.com/CHAIRFORCE_HODL doing graphics for THH when he is not moving Abrahams and Apache’s for the army… not kidding either… HARD stacker...
Too big to mention and current holder or the 3H22M THH record
https://twitter.com/princey1976
First and only ever female to appear in Toxic Happy Hour chat:
https://twitter.com/camilacampton
(except Jeff’s mother, whom we hold very dear)
Important Toxic Shawarma Plebs:
https://twitter.com/TheRealTahinis - deliverer of Shawarma to all Bitcoin Citadels
https://twitter.com/btcmoonguy - I don’t know how he does it, but he makes it to almost every single live stream.. and is first to yell NgUin the Toxic Army chat room… My allround favorite MoonGuy..
https://twitter.com/Mgsmith4Smith - solid chat pleb
https://twitter.com/mtcbtc - incarnation of Bitcoin Shawarma plebation..
https://twitter.com/BitcoinCameron - the pleb who invented Christmas
https://twitter.com/Grassmaster_ a grassy chat pleb
I know I forgot others, sorry, just starting compiling the list..
True Pro Ballers, who have appeared on Toxic Happy Hour:
https://twitter.com/Luckynumber17_
https://twitter.com/kvinVarela
We’ve got your 21% discount code for Bitcoin 2021 in Los Angeles. Use the code toxic21 on this link if buying with dirty fiat (not referral link, just discount for you):
https://b.tc/conference/registration
eToro trading profile where I trade the Bitcoin Halving Price Cycle:
https://www.etoro.com/people/anders_
Also eToro:
Get $50 free when opening an account (actual referral link):
https://etoro.tw/32Z4JHA
Get a FREE copy of “Inventing Bitcoin”, a book selling for $8.95 on Amazon with a rating of 4.9/5.0. No purchase necessary, just free knowledge. However, if you DO open an account Swan gives you $10 worth of free Sats. Why not $100 free? Because their fees are tiny, which is what you want!: https://www.swanbitcoin.com/anders?gc...
Dollar cost average into Bitcoin on my favorite US platform for the purpose (and get $10 worth of FREE Sats for opening an account. I’d say use above link, and get the book for free, but your call). Use Swan to also learn about the recommended self-custody:
https://www.swanbitcoin.com/anders/
Recommended reading on the Stock To Flow model:
https://www.planbtc.com
DISCLAIMER: None of what is said is financial advice. This is only meant to entertain and educate. It’s VERY important that you do your own research on all topics!
Additional Info
- Read full article on: Anders Kargaard
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.