I am not even going to proclaim that your concern about some companies such as microstrategies overleveraging as being a non-concern, but you do seem to be focusing quite a bit on a large number of strings of events that would need to come true before your hypothetical about a possible situation would end up playing out 4-5 years down the road... not a non-issue, but many of us are going to make our investment choices based on more likely scenarios rather than less likely scenarios.. and sure, maybe you are starting to come to the conclusion that investing in BTC is just a big smoke and mirror situation and we got goofballs like Saylor and MSTR holding it up.. but that seems like exaggerated nonsense too.. almost as bad as the Tether FUD that has not really gone away yet either.
Personally I'm not particularly concerned. I'm operating on the assumption that it's probably a zero-sum circumstance, some pumping by MSTR happened in the past and perhaps some dumping will happen at some point in the future. Although I think I would prefer to have 100 thousand people own one bitcoin each than one Mike own 100k bitcoins but I don't really have any say in that, do I.
Well, you could take some or all of your 100k in bitcoin and distribute those out to 100k in persons to the extent that you believe that you can locate deserving peeps and figure out ways to get them to accept your moar fair distribution.
I find it a bit more helpful to attempt to consider and attempt to work with "what is" rather than "what ought," even though people can work towards various kinds of areas of making the "ought" an "is" to the extent that it is within their power and talents -.. otherwise getting too worked-up about the ought does sometimes get folks in trouble in bitcoinlandia whether we are referring to Elon Musk in 2021, Mike Hearn in 2016 or various big blocker diptwats in 2016/2017.
In some sense, we might want to consider how "lucky" we are to have had about a year and a half of kumbaya in bitcoinlandia.. and bitcoin being able to develop as strongly as it did with a kind of benevolent dictator that seemed to have launched it into a kind of quasi-decentralized (and really also somewhat powerful too) status upon his disappearance from the bitcoin scene (and not moving his coins either).
Yes, more combativeness did seem to grow with increases in value, but in quite a few senses bitcoin seems to have been designed to allow for friends and enemies to strategize to their own self-interests, and even their battling over aspects of bitcoin seems to create some reactions and/results of bitcoin becoming stronger...
And, maybe my point is that we cannot stop anyone from trying to hoard all the bitcoins or whatever they are doing, including if they strategically start to dump on the side in order to buy more coins at lower prices. We cannot stop any of that including that billions of people still do not have any coins - and some hardly know what bitcoin is, and then there could be epistimological questions regarding whether they are still benefited by the creation and growth of bitcoin, even though they do not have any and the price of BTC will likely be pumped into the $1 million to $10 million range before a lot of them get off their asses and get some (not trying to blame anyone for sure because some do not know because they have not figured it out (they are confused or they are into shitcoins) and some have not even heard of "what is bitcoin?").
I'm just mildly amused by the general sentiment towards certain actors doing questionable things that benefit Bitcoin price and we seem to put too much emphasis on the latter. Until they turn around and start pumping DOGE, then they're obviously evil, and a gentle stink of panic is starting to waft through this thread.
You are coming off as a troll (or perhaps like a disgruntled nocoiner) with these kinds of nonsense generalizations trying to find contradictions, cultism and religious characteristics in the bitcoin community (or maybe this thread more specifically). We are all over the place with our thoughts about all kinds of things, and sure you can find patterns and you can find evidence of trend followers sheep and perhaps even lemmings, but so what?
In the long run, everyone is going to be in bitcoin, and sure there can be a lot of quirks while working out matters and talking about bitcoin, and there are going to be all kinds of motives to be in or out of bitcoin, too.. including some people using debt, some people gambling and some people believing in shitcoins and others believing that in order to get more bitcoin they have to get involved in shitcoins and people all over the place and finding their own place (if any) in bitcoin.
There will be people fighting bitcoin until their death and some people having dumb theories about supercycle and others having theories about stock to flow, four-year fractal and exponential s-curve adoption, some people will be wrong and some will be right and some will be variations between right and wrong and get into bitcoin in time 1, get out in time 2 and get back in in time 3, and other variations of that, including some people jumping to their death with a 53% correction, and others naming their baby satoshi or satoshita... and the corrections might not seem to want to stop (even in a bull market, go figure?), but then maybe the bull market ends up happening when there was supposed to be a bear market.. and the theories have to be revised because bcash decided to unfork itself, and so many other variations of known unknowns and unknown unknowns.. and even wannabe knowns that end up happening, despite many people (who had thought about the matter - especially the wanna be sorcerers who ended up being correct) believing that they would.
I think that it is NOT very nice of you, suchmoon, to be ascribing generalizations to various kinds of us - even if you believe that you can see patterns in our behaviors, and you have been around and active in this forum too long for engaging in those kinds of generalizations about us suchmoon, amiNOTrite?
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