Hey Matthew! I was so excited when I half-figured out what MSTR is actually doing that this is the first time I made a video. I know it's long, but I tried to track all the steps and I even tried to analyze the impact of capital on Bitcoin price and tried to figure out what was the actual sensitivity. It's really really interesting but I'm a bad presenter. I made some mistakes in the video but I really don't have the time to produce something like this with 100% accuracy.
@@John-wf5ifsaylor doesn't contol bitcoin price. It's naive to say it was saylor's fault that price didn't reach 100k. Remember saylor owns less than 5% of all bitcoin. Btw, Saylor is probably thankful that btc price is still sub 100k, so am I.
@@tovsteh I honestly would have been surprised if Bitcoin had smashed through $100K on the first attempt. What is more likely is that several runs are going to need to be made at that price point before breaking above $100k with conviction.
@@TheMicho1983 that means nothing 😭, if I buy a land, I'm holding it hence saving, you can also call it an investment because I expect it to be profitable. After years of bitcoin you still don't get anything, lol
@@Arnachistarchitect This is false. Savings involves no risk whatsoever as it is the difference between production and expense/consumption. While Investing is SAVINGS put to risk.
Bitcoin doesn't need help to raise its price. It's a special coin, the first of all cryptocurrencies, and is like digital gold. Big investors use it to store their wealth. As long as we have the digital world, Bitcoin will stay on top. Some people wait for the price to go up, but others, like me, trade actively and make profit...managed to grow a nest egg of around 2.3Bitcoin to a decent 27Bitcoin....At the heart of this evolution is Sandy Barclay’s, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.
New survey has revealed rising adoption of cryptocurrency among the world billionaires, as they start experimenting in the digital currency, expanding their investments portfolio beyond traditional profitable assets.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
Brilliant - been waiting for someone REALLY trustworthy and credible to do this. M.Saylor is has turned into a financial alchemist - god knows what he's going to spot next.
🏆🏆🏆 Beyond Outstanding Critical BitCoin, Business, Freedom & Life Insight. I am recommending your channel Matthew to more and more people, and look forward to connecting with you in the near future. BRAVO 👏
Very timely video. Thanks for the analysis. Mark Meldrum has quite the dissenting breakdown that highlighted the gamma play, and that bond holders would have claim to MSTRs bitcoin before any shareholders. Makes me want to reallocate appropriately
Great Content. IMO the PE ratio is not bad (especially when you think it could/will be) looking at other Tech/Software Companies (and they don't have Bitcoin on their B/S). Totally makes sense now. Microstrategy [MSTR] is Bitcoin on steroids! MEGA!
But Matthew, it should be factored in the fact that btc will act as the collateral for a lot of financial products in the market. So the more btc mstr has the more financial products they can arrange and commercialize. This is the reason for the premium: the fact that, beyond the increase in profits that mstr will soon experiment (introduction of fasb accounting principles plus numbers going up forever), mstr’s profits will sky rocket when they become an investment bank as saylor has manifested already. And mstr will need a lot of btc so they can avoid rehypothecation. This, and no other, is the reason for the premium. Imho
I hope that part two has a better treatment of exactly what MSTR is doing with their bond issuance. Because, the way it was left in this video is not really on the nose. Nice presentation though, thank you for putting it together, I look forward to tomorrow's installment!
MSTR will be the largest honey pot ever. One day, government decides it's about time they take those coins and pay some bucks at best at share value. every ex holder will be rekt because of nav and the btc they could have bought, except those who have already made huge gains from it. but that won't be very soon, so we enjoy the ride for now.
sugestion: in part 2, or maybe part 3, talk about your view on buying MSTR vs the leveraged ETFs (MSTX and MSTU). I'm just a dumb dumb, but I cant see the downside of going for the etfs if you: - believe bitcoin is gobling up the monetary premium of other assets, so is gaining value faster than money suply inflation - believe MSTR actually can keep this up, because of his "bitcoin transformer" thesis.
All leveraged etfs go down proportionately more than they go up due to fees etc. If BTC stayed perfectly flat BITU would loose money. Good for short term up
Matt, MSTR did a 10 for 1 stock split a short while back. So dilution was not fully accurate as a share holder got 10X more shares automatically in the split. I know because I was one of them.
Hey Matt, any chance you saw my tweet? I’ll copy + paste here in case you didn’t: Hey Matt, have you considered an updated, “Bitcoin for beginners” video? This 2020 version had a huge impact on me at the time, and although your message hasn’t changed, I think you’d agree that you could explain some parts much better today. My apologies if I left this comment twice (I think my first one was deleted for link to tweet).
There are 100 million satoshis per each bitcoin, one satoshi as of right now is worth $.001. on layer 2 there are millisatoshis which can be used on lightning if ever needed
This is good, you left me right at the cliff-hanger where my foresight is clouded in shadows -- "Why is this MSTR strategy working, can it keep going forever?" Can't wait for part 2, has me wanting to go back and review the pro-logue to this one and get your views on mining stocks like Mara, you are doing great in educating the community, thanks so much!
Hi Matthew! Great vid as always. One small critic: i wouldn't use pfizer stock as an example since all it went through. Maybe a more neutral market character would be better. I might be completely wrong, just a thought!
Too much hassle to buy US stocks here in the Philippines, but I'm still gonna watch. Also a good time to buy if Saylor is buying. But too bad Bitcoin is dead for good at $96k, so it's time to SODL, it's Jooooeverrr 😔
Highly unlikely that was the end of the bull market. It is more likely this is just the first pullback after the breakout. It is time to consolidate for a while before making another run at $100k. My gut feels like this bull market is going to more closely resemble the 2016-2017 bull run rather than the last one.
@@lazylonewolf Unless another major player enters the market with deep pockets, we are probably going to bounce around in the $80k-$99k range for several weeks at least before possibly breaking above $100k with conviction. If insurance companies keep loaning Saylor money to buy Bitcoin, the price might not dip too hard.
With all the fiat currency pumping the stock market for years, the P/E ratios are all way out of whack anyway for most public companies anyway. The P/E ratios of most public companies need to come way down for them to be appropriately priced. That's why we hope that Bitcoin will eventually siphon all that surplus monetary value out of the stock, bond, and real estate markets. We need that to happen so that the markets of real goods and services can normalize to prices better matching their actual utility in the economy. It is only in a Bitcoin world where normal people will be able to easily afford a house on a single income again.
Seems like Saylor is running his own bitcoin hedge fund via a public company. Another big downside for me is it only trades during market hours. What happens on a weekend or holiday? Great video as always.
gulp. we aren't talking about that yet. too many catalysts. but there will be a lot of speculation on when the top is in. 4 yr bitcoin halving cycle is key.
Matthew, it's my understanding that IBIT shares are NOT redeemable for actual Bitcoin. It's cash in, cash out. So in that sense, ETFs are the same as MSTR. Let me know if I'm missing tsomething, but that was one of the specific rules I thought they settled on when the ETFs began (same for all bitcoin ETFs, not just IBIT).
The biggest confusion is MSTR's business is using BTC VOL. If they stored their earnings in cash or treasuries it would be more obvious. However since they store it in BTC some people think they just stack BTC. In a desert the good news if you sell insurance you will keep most of the premiums for flood insurance since paying claims will be very rare. The bad news is how to collect a premium. If the risk of flooding is high , then the premiums will also be high. MSTR can take BTC VOL and convert short term high risk from volatility into an earning platform . The more volatile BTC is the higher the premium. Again because they stack their earnings in BTC, its confused with BTC the tool vs their balance sheet of BTC. This takes its own earnings into an upward bias.
In 1882 standard oil started accumulating assets. The value of those assets at any moment in time was irrelevant to the big picture. Mstr has access to unlimited fiat, and they are accumulating a finite commodity that is grossly undervalued. Mstr is standard oil. As the price of Bitcoin, a Veblen good goes higher, mstr can raise more fiat at better terms to buy more of it. At this stage they have a monopoly. Think about that. Mstr is worth far more than its current price.
Do you think Satoshi would have wanted one company to accumulate over 2% if not more of the entire supply? Is this just an aspect of game theory, and one day the bitcoin will be spread out more?
Something about Microstrategy, Blackrock, the US government, Marathon digital, major exchanges, big miners, nation states and so many other big entities holding the majority of Bitcoin make me VERY uncomfortable. This has solved nothing for humanity as a whole, except for a small subset.
I'm sure this is not accounting for share splits. I hope part two makes it clear what the total addressable market for their convertible bonds really is as that's the main thing I don't understand.
I wonder how Matt compares the flip in GBTC from premium to discount in the last cycle to what is going on this cycle with $MSTR? Looking forward to the next video all the same
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Hey Matthew!
I was so excited when I half-figured out what MSTR is actually doing that this is the first time I made a video.
I know it's long, but I tried to track all the steps and I even tried to analyze the impact of capital on Bitcoin price and tried to figure out what was the actual sensitivity.
It's really really interesting but I'm a bad presenter. I made some mistakes in the video but I really don't have the time to produce something like this with 100% accuracy.
They are a manufacturer of high quality bonds. The best quality yet.
Saylor failed to get BTC over $100k, now it's crashing.
@@John-wf5if Doesnt matter if he had, its a psychological barrier and would likely have drawn back after doing so anyway.
@@John-wf5ifsaylor doesn't contol bitcoin price. It's naive to say it was saylor's fault that price didn't reach 100k. Remember saylor owns less than 5% of all bitcoin. Btw, Saylor is probably thankful that btc price is still sub 100k, so am I.
@@tovsteh I honestly would have been surprised if Bitcoin had smashed through $100K on the first attempt. What is more likely is that several runs are going to need to be made at that price point before breaking above $100k with conviction.
@@liberman7667 Agreed.
I am using Bitcoin for savings and MSTR for investing
MSTR doubled my net worth in just 2 months.
Saving and investing are just two words meaning the same thing
@@Arnachistarchitect no they're not. one is preservation and one is accumilation
@@TheMicho1983 that means nothing 😭, if I buy a land, I'm holding it hence saving, you can also call it an investment because I expect it to be profitable. After years of bitcoin you still don't get anything, lol
@@Arnachistarchitect This is false. Savings involves no risk whatsoever as it is the difference between production and expense/consumption. While Investing is SAVINGS put to risk.
Can’t wait for part 2!!
THANKS FOR COVERING THIS MATTHEW ❤
Looking forward to part 2. Thanks
Long needed explanation from you. Thank you for finally diving into this topic. Can't wait for part 2 and hopefully part 3 :)
Yes, expect part 2 and part 3-- so much to cover. I really appreciate your support!
Bitcoin doesn't need help to raise its price. It's a special coin, the first of all cryptocurrencies, and is like digital gold. Big investors use it to store their wealth. As long as we have the digital world, Bitcoin will stay on top. Some people wait for the price to go up, but others, like me, trade actively and make profit...managed to grow a nest egg of around 2.3Bitcoin to a decent 27Bitcoin....At the heart of this evolution is Sandy Barclay’s, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.
Sandy Barclays program is widely available online..
New survey has revealed rising adoption of cryptocurrency among the world billionaires, as they start experimenting in the digital currency, expanding their investments portfolio beyond traditional profitable assets.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
I appreciate the professionalism and dedication of the team behind Sandy’s trade signal service.
It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals..
Brilliant - been waiting for someone REALLY trustworthy and credible to do this. M.Saylor is has turned into a financial alchemist - god knows what he's going to spot next.
This is a channel I'm proud to share with friends.
LOL why not just throw some crypto into the liquidity pool of Cryptonica? I'm getting 100 USDT from each of my pools daily, screw this trading game
GOAT cliffhanger! MSTR is giving share Holders more BTC per share, even with dilution. MSTR is the best Bitcoin miner in the world
Staying tuned for part 2!
Looking forward to part 2. Thanks for your work!
🏆🏆🏆 Beyond Outstanding Critical BitCoin, Business, Freedom & Life Insight. I am recommending your channel Matthew to more and more people, and look forward to connecting with you in the near future. BRAVO 👏
Love the education. Pray for peace🙏🏽🙏🏽🙏🏽
quality analysis.. accurate and non-biased 👏🏻🤘🏻
“The government forcing people to buy their products… “ 😂
I’ve been stacking MSTR since 2022 ❤❤❤
Sweet I wanted to learn about the infinite money glitch
Thank you Matt! Looking forward to part 2.
Very timely video. Thanks for the analysis.
Mark Meldrum has quite the dissenting breakdown that highlighted the gamma play, and that bond holders would have claim to MSTRs bitcoin before any shareholders. Makes me want to reallocate appropriately
Great Content. IMO the PE ratio is not bad (especially when you think it could/will be) looking at other Tech/Software Companies (and they don't have Bitcoin on their B/S). Totally makes sense now. Microstrategy [MSTR] is Bitcoin on steroids! MEGA!
They are losing money. How is that "not bad". They are not even expanding/growing their software business.
Great explanation, waiting for part 2 👍
Great info
Ty again Matthew. I haven’t been this excited for a part 2 since Fonzi jumped the shark!
The Puuuug abides The Bitcoin University...
But Matthew, it should be factored in the fact that btc will act as the collateral for a lot of financial products in the market. So the more btc mstr has the more financial products they can arrange and commercialize. This is the reason for the premium: the fact that, beyond the increase in profits that mstr will soon experiment (introduction of fasb accounting principles plus numbers going up forever), mstr’s profits will sky rocket when they become an investment bank as saylor has manifested already. And mstr will need a lot of btc so they can avoid rehypothecation. This, and no other, is the reason for the premium. Imho
Thank you Matthew.
Great periodic info on MSTR market value !
Asked friday, answered monday 👌
Looking forward to part 2!
Thank you for tackling this for us Matthew!
I'm hooked for tomorrow's episode like it's event programming from back in the day. Thanks Matt!
Absolutely brilliantly explained thank you
Bring on Part 2! Thank you!
Excellent analysis
Thanks again, Matthew. Crazy how far everything has come.
I hope that part two has a better treatment of exactly what MSTR is doing with their bond issuance. Because, the way it was left in this video is not really on the nose. Nice presentation though, thank you for putting it together, I look forward to tomorrow's installment!
Oh, I think this is going to be good! Thanks!
I wish you had skipped part one and just done part two.
Nice, looking forward to part 2 after that cliffhanger!
Nice cliffhanger Matthew!
Looking forward to part 2. 👍🏼
OH man, that was a cliff hanger!
Looking forward to part 2 ❤
MSTR will be the largest honey pot ever.
One day, government decides it's about time they take those coins and pay some bucks at best at share value.
every ex holder will be rekt because of nav and the btc they could have bought, except those who have already made huge gains from it.
but that won't be very soon, so we enjoy the ride for now.
or the govt buys the shareholders out at fair market value for the strat. bitcoin reserve.
Thanks
sugestion: in part 2, or maybe part 3, talk about your view on buying MSTR vs the leveraged ETFs (MSTX and MSTU). I'm just a dumb dumb, but I cant see the downside of going for the etfs if you:
- believe bitcoin is gobling up the monetary premium of other assets, so is gaining value faster than money suply inflation
- believe MSTR actually can keep this up, because of his "bitcoin transformer" thesis.
All leveraged etfs go down proportionately more than they go up due to fees etc. If BTC stayed perfectly flat BITU would loose money. Good for short term up
Easiest way to understand, imagine 20X leverage. 5 times 20 is 100. A 5% drop and you go to zero. Same thing happens with 2X, only slower.
the end of the fiat system means you want to hold your btc
You cannot educate people enough on bitcoin...or MicroStrategy!
Wholeheartedly agree. What do you think of my attempt?
Thank you Matt! I learned a lot.
Thank you Matthew for such a quick turnaround time on this. I really appreciate your insight as always!
Thank you, Matthew! Much appreciated.
Thank you Matthew, great explanation…
Great work. Highly informative and helpful. Thank you!
Thanks so much, Matthew. Your videos are so much needed and greatly appreciated.
Matt, MSTR did a 10 for 1 stock split a short while back. So dilution was not fully accurate as a share holder got 10X more shares automatically in the split. I know because I was one of them.
Stock splits don't dilute holders because when you get 10x shares, the price trades at 1/10 of the previous day
Thanks...
Thanks so much for your generous support!
Thanks!
Thanks so much for your support!
Hey Matt, any chance you saw my tweet? I’ll copy + paste here in case you didn’t:
Hey Matt, have you considered an updated, “Bitcoin for beginners” video?
This 2020 version had a huge impact on me at the time, and although your message hasn’t changed, I think you’d agree that you could explain some parts much better today.
My apologies if I left this comment twice (I think my first one was deleted for link to tweet).
Great videos!!!!! Thank you!!!!!
So glad you’re doing this!! Thanks Matthew!
It's gonna be beautiful when everyone who didn't collect food and just sats realized how played they were
Is Bitcoin infinitely divisible? Can you please post a video about this topic? Many thanks for the brilliant work you post on this channel!!
There are 100 million satoshis per each bitcoin, one satoshi as of right now is worth $.001. on layer 2 there are millisatoshis which can be used on lightning if ever needed
stocks are shipcoins Matt
This is good, you left me right at the cliff-hanger where my foresight is clouded in shadows -- "Why is this MSTR strategy working, can it keep going forever?" Can't wait for part 2, has me wanting to go back and review the pro-logue to this one and get your views on mining stocks like Mara, you are doing great in educating the community, thanks so much!
it can go up while btc goes up
Thx Matthew
Finally you are doing this!! I have been waiting for this for a long time !!
I love this channel. It is the best on the internet.
Thank you
It's good. Check out invest answers as well.
@@D9Wx InvestAnswers got so many of his followers rekt in Celsius. I wouldn't listen to a single word that guy says
Hi Matthew! Great vid as always. One small critic: i wouldn't use pfizer stock as an example since all it went through. Maybe a more neutral market character would be better. I might be completely wrong, just a thought!
Awesome Matt, looking forward to part 2
Thank you!
U da man, Matt! 🙏
Too much hassle to buy US stocks here in the Philippines, but I'm still gonna watch.
Also a good time to buy if Saylor is buying.
But too bad Bitcoin is dead for good at $96k, so it's time to SODL, it's Jooooeverrr 😔
Highly unlikely that was the end of the bull market. It is more likely this is just the first pullback after the breakout. It is time to consolidate for a while before making another run at $100k. My gut feels like this bull market is going to more closely resemble the 2016-2017 bull run rather than the last one.
@liberman7667 I'm kidding of course. I'm crossing my fingers for 150k though because I may need to sell some BTC by next year.
@@lazylonewolf Unless another major player enters the market with deep pockets, we are probably going to bounce around in the $80k-$99k range for several weeks at least before possibly breaking above $100k with conviction. If insurance companies keep loaning Saylor money to buy Bitcoin, the price might not dip too hard.
@@liberman7667 perhaps. I'm waiting what's gonna happen after Saylor meets up with Microsoft, and Trump to actually start they Bitcoin reserve
When the whip is cracking, you want to be the one holding it🎉
Greetings from Sunny Bradenton Florida 👍 Thanks Matt 👍
Intel has been buying back its own shares for quite a while now, too.
@Bitcoin_Universtyr1 Cool, thanks, Scammer Bro!
And I always thought P/E just stood for Ponzi Extremism.
With all the fiat currency pumping the stock market for years, the P/E ratios are all way out of whack anyway for most public companies anyway. The P/E ratios of most public companies need to come way down for them to be appropriately priced. That's why we hope that Bitcoin will eventually siphon all that surplus monetary value out of the stock, bond, and real estate markets. We need that to happen so that the markets of real goods and services can normalize to prices better matching their actual utility in the economy. It is only in a Bitcoin world where normal people will be able to easily afford a house on a single income again.
thank you!
Irrational Exuberance !
Seems like Saylor is running his own bitcoin hedge fund via a public company. Another big downside for me is it only trades during market hours. What happens on a weekend or holiday? Great video as always.
insiders get to trade post and pre market otherwise a huge gap up or down sort of depending on btc 24 hour trading
Wow, good stuff, makes my mind spin. What happens if BTC takes a 50 percent hit in some crash scenario ?
gulp. we aren't talking about that yet. too many catalysts. but there will be a lot of speculation on when the top is in. 4 yr bitcoin halving cycle is key.
PSA:
Everyone can afford to buy BTC! At $100k/BTC, a SAT only costs $0.001.
Matthew, it's my understanding that IBIT shares are NOT redeemable for actual Bitcoin. It's cash in, cash out. So in that sense, ETFs are the same as MSTR. Let me know if I'm missing tsomething, but that was one of the specific rules I thought they settled on when the ETFs began (same for all bitcoin ETFs, not just IBIT).
The biggest confusion is MSTR's business is using BTC VOL. If they stored their earnings in cash or treasuries it would be more obvious. However since they store it in BTC some people think they just stack BTC. In a desert the good news if you sell insurance you will keep most of the premiums for flood insurance since paying claims will be very rare. The bad news is how to collect a premium. If the risk of flooding is high , then the premiums will also be high. MSTR can take BTC VOL and convert short term high risk from volatility into an earning platform . The more volatile BTC is the higher the premium. Again because they stack their earnings in BTC, its confused with BTC the tool vs their balance sheet of BTC. This takes its own earnings into an upward bias.
In 1882 standard oil started accumulating assets. The value of those assets at any moment in time was irrelevant to the big picture. Mstr has access to unlimited fiat, and they are accumulating a finite commodity that is grossly undervalued. Mstr is standard oil. As the price of Bitcoin, a Veblen good goes higher, mstr can raise more fiat at better terms to buy more of it. At this stage they have a monopoly. Think about that. Mstr is worth far more than its current price.
Do you think Satoshi would have wanted one company to accumulate over 2% if not more of the entire supply? Is this just an aspect of game theory, and one day the bitcoin will be spread out more?
The elephant is buying BTC
thank you, very helpful content!!
Love it❤
Something about Microstrategy, Blackrock, the US government, Marathon digital, major exchanges, big miners, nation states and so many other big entities holding the majority of Bitcoin make me VERY uncomfortable. This has solved nothing for humanity as a whole, except for a small subset.
Cmon MSTR!
Great part one Matt!
"A peer to peer cash system". Michael should read the "White Paper"......."The Who" knows "Never get fooled again"
I'm sure this is not accounting for share splits.
I hope part two makes it clear what the total addressable market for their convertible bonds really is as that's the main thing I don't understand.
Looks like mstr is something between leverage trading and ponzi scheme. Better bitcoin and self custody
I wonder how Matt compares the flip in GBTC from premium to discount in the last cycle to what is going on this cycle with $MSTR? Looking forward to the next video all the same
Matt is secretly Michael Saylors brother
Excellent video as always!
I would love to see a video of you looking into quantum computing and its possible threat to bitcoin
Good Morning
Exciting! Thanks!