Yes, I've read multiple articles about MSTR, and I don't understand everything, but in my view this type of ''financial engineering'' should not be allowed on Wall Street. I believe that companies should stick to their core business. I also think it's weird that companies are allowed to report profits that they made on investments in other companies, I remember that Amazon profited from Rivian last year. Investing in Bitcoin or other companies isn't a core business, unless you're an investment company, know what I mean? What I also hate about how Michael Saylor talks about Bitcoin, is that he acts like Bitcoin will magically keep rising and is superior to other financial assets. Of course it will keep on rising as long as people keep piling money into this nonsense. It's the same as with stocks, did you see Tesla's run to $480? I always miss these monster rallies because I'm too nervous. I remember back in 2020 I could have become a millionaire when Tesla went from $400 to $2300 in only a couple of months. Of course, since then it has split into 8, so Tesla's real stockprice is now at around $3300, which is pretty crazy.
BTW, if this news is true, then there might be another major Bitcoin correction in January 2025, because MSTR might needs to pause their Bitcoin buying, also known as ponzi scheme. Meaning, that we will be able to buy Coinbase and MicroStrategy at a much cheaper price. https://www.fxstreet.com/cryptocurr...itcoin-buys-amid-blackout-rumors-202412190849
BTW, I totally forgot to ask, but I know you're into ''exotic stocks'', so what do you think about those quantum computing companies like Rigitti Computing, D-Wave Quantum and IonQ, are your trading these stocks? https://finance.yahoo.com/quote/QBTS/ https://finance.yahoo.com/quote/RGTI/ https://finance.yahoo.com/quote/IONQ/
Actually I've been following the topic of Quantum Computing for quite a while and certainly am excited about the potential of this technology. Although Google and IBM (i was in the States last year and someone took me as a guest to the Chicago Quantum Summit where IBM's heron chip was presented) certainly have the people, facilities, and cash to corner the QC market, there may be room for the smaller firms to carve out a place. That being said, in my opinion all of these smaller companies are a bit over their skis financially making picking one difficult. I did invest in one (Rigetti) for no reason that can be fully justified (save for amusement). I got it at 5.50 and loved it when it topped 12 the other day but was equally dismayed when it tanked back to the 9's. I'll be holding it for the foreseeable future and am sure it will be a veritable barrel of Laughs. But the one stock that I added (rather substantially) last month and really, really love is Soundhound (SOUN). It's an AI voice thingy that is currently being used in Automobiles and Fast food restaurants. Although it has had a nice run lately I think that it will be a monster (and there are LEAPS on it). Finally I am eagerly anticipating how Intuitive Machines (LUNR) will work out. They certainly have the cash to proceed with NASA's $4.6 billion contract and last weeks 110 million secondary (sigh...). Aside from the satellites launched and placed between the moon and Earth to provide real time communications (and they will charge everyone per minutes used), they will attempt a second Moon Landing early (?) in 2025. (LUNR to the Moon! And I am loving the fact that all the Pro's are still hating Palantir).
I have to add one more thing regarding Intuitive Machines (LUNR). The second attempt at a second Moon Landing has now been tentatively scheduled for 2/27/25. The mission is Nova-C IM-2 and is composed of a Lunar Orbiter and the Athena Lander. Athena is essentially a NASA payload called PRIME-1 (Polar Resources Ice Mining Experiment-1), which is to be the first demonstration of in-situ resource utilization on the Moon. PRIME-1 consists of two instruments: TRIDENT drill and Msolo mass spectrometer. I am confident that as the Launch Date gets closer the appreciation for the Stock will mirror what occurred prior to the previous IM-1 launch. And if all goes well with IM-2 I can;t even guess how lucrative the trade would be (actually I can, but I'm modest).
LOL, I just knew you would be into quantum stocks. And yes, I've heard about SoundHound, it had a nice run. I'm not really into Intuitive Machines, not sure what to make of these space stocks. I do wonder if I should pay more attention to Bitcoin miners like Core Scientific, from what I understood they are now also trying to make money from AI, they made a deal with CoreWeave (AI company with IPO next year), which might lead to a revenue of $8 billion in the next 10+ years or so. https://finance.yahoo.com/quote/CORZ/
Let's face it, Palantir is highly overvalued. It's now worth more than Lockheed Martin, I mean really? Speaking of ridiculous, did you read about MicroStrategy's latest plan? Now all of a sudden it wants to invest $1500 billion into Bitcoin, and in order to do this, it wants to create 10 billion extra shares, how is this even legal? But the market didn't even react to this, so they probably don't even take this news seriously, they already know that Saylor is probably out of his mind. What I also noticed is that recently MSTR and Coinbase's stockprice doesn't seem to decline that much, even if Bitcoin falls, not sure what to make out of this. Perhaps people believe that Bitcoin will soon rise again to over $100.000? https://finance.yahoo.com/news/palantir-overtakes-lockheed-martin-market-191015742.html https://finance.yahoo.com/news/microstrategy-wants-boost-stock-sale-154852488.html
Bitcoin sure had a wild ride the last few weeks. It went from $92.000 to $102.000 and now it's back at $94.000 again. I did buy MSTR at $320, probably should not have done it. I also went short on Tesla at $400, probably another dumb move LOL. But anyway, here are the Bitcoin predictions of 2025, see link. https://www.cnbc.com/2024/12/31/bitcoin-btc-price-predictions-for-2025.html
LOL, this is a pretty good article, explaining why crypto currencies are crap, and mostly good for criminal use. https://paulkrugman.substack.com/p/crypto-is-for-criming
I wouldn't touch bitcoin with an extra long barge pole. See Man says his binned Bitcoin fortune now worth £500m Link
In fairness how can you blame Bitcoin for this guy tossing out his custody? If he would have backed up his keys and stored them absolutely anywhere in the world he could gain access to his coins in seconds. He doesn't need that hard drive just a brain to keep his private keys safe and available. Just saying!!!!!!!!!!!!!!!!!
And? It is cryptography. If you don't have keys you don't have access. Simple as that. That rules is based on mathematics and arę a basic knowledge. Make a backup. There are many topics about Macrium and other backup software on this forum. Altgough it is not recomended you can even print it on a paper and put it in physical safe.
You can't make this stuff up, but The Trump Organization has probably already made billions by launching so called memecoins, which are pretty much pointless. In my view, this is pretty shady and shameless stuff. The funny thing is that the Melania memecoin has caused the Trump memecoin to crash. How is this stuff even legal? https://cointelegraph.com/news/trum...ly-multiplying-donald-trump-s-net-worth-by-5x https://www.theguardian.com/technology/2025/jan/20/donald-trump-meme-coin-price-melania-token https://cryptobubbles.net
Great article about why this memecoin stuff is so troubling and bad for the crypto industry. https://time.com/7209169/trump-meme-coins-crypto/
I wonder if this is going to be a problem for MSTR or not. I wouldn't be surprised if these Wall Street/crypto crooks will try to get rid of this accounting rule. https://coinmarketcap.com/academy/a...iabilities-on-dollar193-billion-bitcoin-gains
It seems like Bitcoin is stuck between $100.000 and $106.000 the last few days. It did dive a few days ago probably because of China selling Bitcoins. But apparantly this is not enough to crash it, which I guess is good news for the crypto bulls. https://coinmarketcap.com/academy/a...from-plustoken-scheme-cryptoquant-ceo-reveals
Great stuff, I'm sick and tired of these corrupt crooks. https://crypto.news/trump-public-citizen-meme-coins-complaint/
I guess this sounds reasonable. https://finance.yahoo.com/news/blockchain-won-t-replace-banks-220004599.html
I completely agree with this analysis. I'm afraid that all of these crypto crooks in governments around the world, that are trying to enrich themselves, while making it easier for criminals to commit crimes, will eventually cause a huge financial crash, which might be bigger than in 2008. https://www.investing.com/news/stoc...arns-of-crypto-risks-amid-frenzy-93CH-3843398 https://www.hedgeweek.com/white-house-fuelling-a-crypto-bubble-that-could-wreak-havoc-says-elliott/
You were right about Palantir, but only because Wall Street barely makes any sense. It now has a market cap of $250 billion. Certain stocks like Palantir and Tesla are not realistically priced, but that's the way the stock market works, it doesn't have to be based on reality. I also think I might bet on Vertex, eventhough my instinct is telling me not to LOL. And I'm not sure what's going on with Bitcoin, it seems to be stuck in a certain trading range. If it's such a superior asset to own, then why does it go down when the stock market goes down? But anyway, wouldn't it be fun if Bitcoin went to zero LOL. https://decrypt.co/304715/nobel-laureate-bitcoin-zero
The issue is really that all too few on the Street are Computer geeks. They concentrate on the Governmental contracts while the real growth is the AI software that they are selling to industry. I attended one of the Boot Camps where prospective clients can see what advantages to their business was possible. Essentially it was shown how the Palantir AI Platform can be custom tailored to their specific needs which leads to greater and more efficient Data Analysis at a much lower cost than methods currently used. As more Fortune 500 companies deploy AI the Street will wake up from their stupor. And speaking of BitCoin (not that I was...), check out Robinhood's earning today- in addition to a solid brokerage strategy, they are essentially acting as a surrogate for BTC, and they've been doing quite well with it (kinda like selling the bullets and not the gun).
Right or wrong the environmentalists are not going to allow that to be dug up with all the other stuff buried alongside the potential drive find. My opinion!
Yes, but the question is how much will Palantir grow, is it enough to justify their current stockprice? But same goes for Tesla and other stocks of course, it's all based on future expectations. BTW, how does Palantir compare to other companies in this sector, have they got any serious competitors? What about Snowflake and C3.ai? Yes Robinhood did pretty well, but so did Coinbase and they did get hammered (minus 20 bucks) so that's what I mean with Wall Street doesn't make any sense. Why do certain companies get rewarded after earnings while others do not? Did you see what happened to monday.com, AppLovin and Roku? I missed all of these rallies sadly enough. And Bitcoin is acting very strangely, this whole weekend it's stuck between $97.000 and $98.000. I somehow think it will start to rise soon, so I'm long on MicroStrategy and Coinbase.
