Subnostr

👌

Replying to

Oh.

I imagine for every dollar of MSTR they short, they are long 2 dollars of bitcoin.

The only caveat is the cost and how hard is MSTR to borrow, otherwise it looks like a logical trade

Best risk explanation I’ve seen. FA/FO - BTC doesn’t play nice always.

“As the premium widens between #Bitcoin and $MSTR, more shorts will be added because of the "risk-free" arbitrage trade. Most conventional funds will go long on Bitcoin and short on $MSTR. However, these shorts will likely get wrecked repeatedly because the momentum on Bitcoin is quite bullish. Once Bitcoin makes a significant upward move, $MSTR will jump even more. This results in short covering, which, in turn, drives the share price even higher.”

Replying to

Vortex | CTV | LNHANCE

I don't know who needs to hear this but rollups are not a valid scaling solution for bitcoin.

Don’t even know what that is so there’s that.

Replying to

Highsselhoff

Yeah we loved that show 🔥

Did you ever dive back into XFiles?

Weird little show on Netflix that my wife found & we loved.

Bloodline.

Just for anyone looking for a show.

Replying to

Dream Chaser ⚡️🐆

In all fairness your honor, my client said he’ll mint a new coin to repay all FTX investors in full

Brilliant. Hilarious.

Replying to

Dream Chaser ⚡️🐆

Rat torture was a torture method with a history dating from ancient times to the modern day. It worked by putting hungry rats in a cage that was strapped to the victim.

In some cases, the cage was slowly heated, making the distressed rats chew and claw through the victim, trying to escape.

In others, the hungry rats would simply eat the victim alive.

I feel worse for the poor rats.

Replying to

no₿ody™ 🧱

Took me a while but i get it now nostr:note1ueg9qm9rp5fl5e7g6h8emw9hm6ucefs0lagvfxdevzvk6er50txq2futz8

https://void.cat/d/7PX1cAhiBTtZJbqbFFv4P4.webp

Replying to

dr.fred

no words

BTC on the top.

Monero on the bottom.

Perfect illustration.

Replying to Diego

Hi, first time in NOSTR. Who should I follow?

#introductions

Nobody cares.

Beat it.

Set up zaps or bye Felicia.

Patience is a virtue.

Replying to

node

So funny yet so wrong at the same time. His eyes 🤌🏾😂😂😂

👀

Replying to

Zach⚡️

This is the crap I’m talking about

They’ll schedule basketball at 6am and then put up pickleball nets at night with about 4 people total on both sides playing

It’s high time I declare war on pickleball and this repressive scheduling

This is the next big war. I’ve been preparing for it.

I’m ready.

Replying to

node

yooooo that’s savage 😂😂😂🤌🏾

So uncomfortably savage.

Replying to

Explain what you think the worst case scenario is

That’s why I asked. I don’t know. I’m not a trader.

Replying to

They are directionally neutral, just shorting to capture the MSTR premium. Doesn’t matter if Bitcoin rips or dumps

Don’t run naked.

Especially with scissors. ✂️

Replying to

They are directionally neutral, just shorting to capture the MSTR premium. Doesn’t matter if Bitcoin rips or dumps

Right. Makes sense until it doesn’t.

Replying to

BitcoinSandy

That’s why it goes tits up so often

Regarded.

20 years of mass-demoralization campaign later... https://nostrcheck.me/media/0018b7ee33fb253843639c62e292fec700a69a93b08ee374c5bda971c9b39564/427e4eefaebaef7f24fa4d96deda9a718629f905aad394753551715a756e4569.webp

To be clear. When a hedge fund states they are long BTC & short MSTR; they are 100% talking about playing with leverage & a specific timeframe (locking up funds etc).

Their own client funds.

Leveraged long on one side & short on the other.

What client would agree to this fucking strategy? Am I missing something. I don’t trade so probably missing something.

Replying to

₿en Wehrman