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Cobweb
11d3d65093f9a1f346ba019d365cda4e86ef2ea8bc2c9076c1b9507708fc2f00
I'm just here to ask questions and to forget about my Bitcoin

But is it suet or just general beef fat. The suet on a grass fed cow is 2-3lbs whereas a grain finished cow is 40lbs

I am cautious on it being an EO and not from Congress. Next executive can will this thing away at the stroke of a pen. I suspect Congress will sign something authorizing some funds. Some Republicans will assume the work is over to rally their base though.

is there a way to use Ocean's open source code to make a small pool with friends? Some friends and I are buying bitaxes and want to do a lottery pool between us.

this is what is has become...

Appears to be. I'm getting my Bitaxe and setting up a small lottery pool with some friends later this week.

Way to rug the taxpayer. Load up the taxpayers bags with alts and then let the alts sink perpetually. He'll pump his bags in the short term just to liquidate them before the rapid dilution from their blockchains.

keep your friends close and your enemies closer.

I do see the friendship between Bitcoiners and politicians as dangerous, but I also see Bitcoin as tik too next block. the governments will have no choice but to get in line with Bitcoin.

I do see them as making some stupid attempts to control it, but that will be by means beyond Bitcoin, like imprisonment or death. It won't be something Bitcoin can inherently solve.

I believe the government attack vectors will be something like KYC all wallets or requiring people to have custodians hold their Bitcoin like banks. To get around this you'll just need to acquire Bitcoin P2p in the future and there won't be much the government can do about it.

don't tell people this. they don't know how much of a haven the Midwest is.

I've done this in the past, but honestly I just don't want others to see my larger addresses. its the peer to peer stuff I want obfuscated from the KYC stuff. I also don't want people to have to send to a liquid address before it goes to my wallet. That's too cumbersome from a transaction standpoint on my end

give us UTXO management instead of just consolidate all.

some of my UTXOs are KYC and others are peer to peer. until KYC goes I want to manage my UTXOs in a more hands on fashion

Replying to Avatar Ben Werkman

$MSTR Convertible Notes - Conversion Eligibility Watch

And there you have it. Every single bond with the exception of the latest issued 2029 is now eligible for early conversion by the bond holders. This represents $4,263,750,000 in bonds eligible to convert and 24,694,649 shares (at current prices a potential boost of $9.3B in market cap).

No, this does not mean there is some massive sell pressure coming to the market imminently. These bonds are all in very different positions, so not all of them would be incentivized to convert early right at this moment.

Even if they were to convert early, it is likely that by the time it happens most of the selling would have been done along the way when the convertible arb shops put their shorts on (ultimately fully hedging out the equity risk) and receiving the shares would simply net out their short positions and be largely market neutral (convertible arbs have typically been ~80% of the holders of these bonds). So don't buy in to the fear about some massive market dumping of shares coming, it's just not reality.

What will I post about now? Nasdaq 100 tracking, done. Early Conversions, done. I guess I may be quiet for a bit 🀣

2027 Notes ($1.05B / 7,330,050 Shares)

Holder Early Conversion Eligible βœ…

MSTR Cash Redemption Eligible βœ…

2028 Notes ($1.01B / 5,513,489 Shares)

Holder Early Conversion Eligible βœ…

MSTR Cash Redemption Eligible ❌

2030 Notes ($800M / 5,341,600 Shares)

Holder Early Conversion Eligible βœ…

MSTR Cash Redemption Eligible ❌

2031 Notes ($603.75M / 2,594,310 Shares)

Holder Early Conversion Eligible βœ…

MSTR Cash Redemption Eligible ❌

2032 Notes ($800M / 3,915,200 Shares)

Holder Early Conversion Eligible βœ…

MSTR Cash Redemption Eligible ❌

Reminder: This is only tracking bonds in the early conversion eligibility countdown window. There is no obligation for the bond holders to convert or for MSTR to redeem for cash (2027 are the only notes eligible for cash redemption).

What is the end game for these convertibles? Will they be converted early by the bondholder? I suspect they won't be because they would rather hedge and capture the gamma. In that case why do we care about the early conversion eligibility?