Wall Street Hype Kings! One Controversial Figure: Is This Time Different?
What a bizarre combination!
In case you’re not familiar with these dramatic icons of Wall Street, let’s briefly introduce them:
Elizabeth Holmes – Once dubbed the “female Steve Jobs,” she founded the unicorn startup Theranos, claiming it could detect hundreds of diseases from just a single drop of blood. She amassed a net worth of $9 billion through an extraordinary fraud, but her myth crumbled overnight, landing her in prison.
Sam (Bankman-Fried) – An MIT graduate who founded the crypto fund Alameda Research at 24, and two years later launched the online exchange FTX. At one point, FTX was valued at $32 billion, and his personal net worth exceeded $26 billion. However, in 2022 it was revealed he had misappropriated $8 billion from the exchange to gamble and buy personal real estate, and the whole bubble collapsed instantly.
WeWork – Once valued at $47 billion, it filed for bankruptcy restructuring in 2023. Adam Neumann was “kicked out” five years ago, but through a series of settlements and non-compete agreements, he walked away with over $1.3 billion. SoftBank’s chairman Masayoshi Son invested over $10.6 billion in WeWork, all of which went down the drain.
This January, Michael Saylor made the cover of Forbes.
Some joke: “If someone appears on the Forbes 30 Under 30 list, there’s a 30% chance they’ll be convicted of fraud?”
Recently, with crypto-related stocks crashing, these four pictures have been mashed together by the internet.
Some also say: “In the Dotcom collapse, MicroStrategy plummeted from $139 to fifty cents. It just might hit fifty cents again!”
Was $Strategy(MSTR)$ already being hyped back in 2000? Yesterday, BTC didn’t fall much, but MSTR dropped to $182, down from this year’s high of $457—more than halved.
Some big players have even been doing a pair trade: long $Bitcoin(BTC.USD.CC)$ , short MSTR.
Is this time different?
Or should you run quickly and avoid these risky stocks before Bitcoin falls further?
What’s your take on this meme—does it make sense to put Michael Saylor alongside these figures?
Leave your comments to win tiger coins!
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Still, the comparison does highlight a real risk: narratives can push valuations to extremes. $MicroStrategy(MSTR)$ MSTR crashed in 2000 because it was massively overvalued, and today its performance is again tied tightly to Bitcoin sentiment. That’s why some traders run the long-BTC, short-MSTR pair trade—it removes the hype premium and focuses purely on BTC’s direction.
So whether to “run” depends on risk tolerance. MSTR is effectively a leveraged Bitcoin proxy with extra company risk, while holding BTC directly is cleaner. The meme exaggerates the comparison, but it’s a reminder that conviction and leverage can cut both ways.
@Tiger_comments @TigerStars @Tiger_SG
$Strategy(MSTR)$ is publicly traded & operate under SEC security. MSTR 's Bitcoin holdings are on a public ledger. While Saylor was involved in past tax fraud & accounting issues, his Bitcoin strategy is open & clear for all to see.
Saylor' s bet is a highly speculative, high leverage investment that could go to zero if Bitcoin crashes. It is a gamble and anyone investing in MSTR is knowingly buying into that volatility.
Bitcoin is a real if volatile asset with transparent ownership. Its value is determined by the market, not by Saylor's ability to deceive.
Should you run?
If you don't believe in Bitcoin, it is a YES.
If you believe in Bitcoin, then you need to decide if you want to invest in MSTR or buy Bitcoin ETFs.
The choice is yours to make.
@Tiger_SG @Tiger_comments @TigerStars @TigerClub @CaptainTiger
Obviously they are not all criminals but because there's huge sums of money to be earned and investors are always eager to invest on the next big thing, conmen will try to blend in to make a buck.
Bitcoin is highly speculative and would be used by criminals for illicit purposes, so people would be happy to slap a tag on Saylor. Don't know enough about him to judge, but cryptocurrency has attracted a lot of greed, so things might go south real quick.
先说那三位“传奇”人物：霍姆斯、SBF、诺伊曼。他们的故事共同点非常明确——高估值、低透明度、强叙事、弱基本面。讲白了，就是靠故事撑起一个巨大的泡沫，最后现实戳破后瞬间跌入深渊。而塞勒被放在同一张图里，是因为他的性格、他的极端押注方式，确实容易让人联想到“又一个高杠杆的英雄或反派”。
但我个人的看法是：MSTR 的风险并不是欺诈，而是单一资产押注的系统性风险。
它所有的资本结构都围绕比特币建立，几乎就像一家上市的比特币杠杆基金。比特币跌得越凶，MSTR 的回调就会成倍放大。你看这轮 BTC 其实跌幅不算疯狂，但 MSTR 已经从 457 掉到 182，直接腰斩还多，这不是巧合，而是逻辑必然。
至于“2000 年从 139 美元跌到 0.5 美元”的历史，那确实是 MSTR 曾经的伤疤，也提醒我们：当市场失去耐心、估值泡沫被挤爆时，没有什么是跌不到的。
至于现在是不是该“跑”？老实说，这要分你站在哪个角度：
• 如果你相信 BTC 未来还能翻倍甚至三倍，那 MSTR 这种高贝塔资产自然是更猛的选择。
• 但如果你担心这轮调整只是开场，那 MSTR 会比 BTC 承受更大冲击，它的风险远高于币本身。
至于“这次不一样吗？”
我个人的判断是：塞勒不是骗子，但也不是神。
MSTR 这条路只适合能承受极端波动的人。不是每个人都有能力坐到最后一站。
把他和霍姆斯、SBF、诺伊曼放在一起？
我觉得更多是一种情绪宣泄，而不是严肃分析。真正的问题不是塞勒像不像他们，而是：
你有没有能力承受 BTC 再跌 30% 时，MSTR 可能再腰斩一次？