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REPORT ABUSIVE REPLY
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Message Subject
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BTC is going to plummet until MSTR is dead
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Poster Handle
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Anonymous Coward |
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Post Content
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If you are long BTC, put on your diapers. [ link to finance.yahoo.com (secure)] Read the article. MSTR is one of the largest holders of BTC, and they are a levered long. The market now knows where the max pain point is...somewhere below $21K. The market always aims for max pain. And there is no bigger max pain than a giant levered player that can get margin called. BTC will drop until MSTR is wiped out. At that point, the forced selling will probably drop BTC into the $10-15K range and maybe more if there are lot of others levered longs, which there most certainly are. Big Money was handed control over BTC the moment they started leveraging - (I.E. DEBT) to play ANY roll in BTC trading. Easy to take control when you are allowed to leverage any item to the hilt and then start crashing it with margin calls, while with the other hand buy it up 1:1 rinse repeat until you have total control and own the largest physical share of said "stock" then you can play the smaller players like fish fry and decide where the price must go. Same "switch" they use stealing your money controling interest rates and infaltion. Stupid is as stupid does
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