Kakmakr
Legendary
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Activity: 3542
Merit: 1964
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 30, 2021, 05:45:22 AM |
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Well, this company are going b@lls to the wall with their Bitcoin strategy, just look at this site https://www.microstrategy.com/en/bitcoin/bitcoin-for-corporations - The Chairman and CEO Michael Saylor reminds me a lot of the CEO Patrick Byrne from Overstock, because they are not afraid to go into uncharted territories and they are willing to take a risk. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I hope their strategy to buy the dip, will rub off on other similar companies in the financial sector, because most of these companies are stuck in the past with traditional investment options. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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worle1bm
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 30, 2021, 06:13:04 AM |
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He is putting out more and more money into bitcoin and making huge profits out of it.He has already put quite good amount of btc on the company balance sheet and the best is they keep buying the dip gaining more.They have funds and money making more money is the best concept for them and they are carrying out the same for some time.
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masterrex
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 30, 2021, 06:59:37 AM |
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The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
I think it's not surprising anymore because the micro strategy has done that many times already and that was their working strategy buying in the dip. Just imagine micro strategy now is holding 120K+ bitcoin in their position and who knows that other companies were doing that also in private so we cannot ignore that idea because some of the mainstream investment companies are now on board with the cryptocurrency market, and I believe this kind of information will be more common in the years to come.
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michellee
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 30, 2021, 08:31:25 AM |
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If you only read the news without taking action to buy bitcoin while the price is at the dip, you will not make anything except regret in the future because you miss the chance to buy at the dip. Microstrategy can buy bitcoin in any amount and we should do the same thing as well, especially if we want to benefit from bitcoin. It is no surprise if a big company or the whales buys many bitcoin at once at the dip because they have a large amount of the money that they can use to buy bitcoin. What needs to be our concern is what we will do if we see the dip.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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traderabove
Newbie
Offline
Activity: 33
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 30, 2021, 09:06:33 AM |
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Personally, Bitcoin has done very well from last year till now. It made good twice bull run. And it is already high now. I am personally not sure if bitcoin will be going up the more any moment. So, maybe we need more whales to be buying at this time. Yet, buying at high in a trusted coin is better than buying some random shitcoins without clear road map.
Totally agreeing with you, you have some stable thinking.
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sunsilk
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 30, 2021, 09:31:43 PM |
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The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
It's not new if it's from Microstrategy. They're always waiting for the dip to buy and it's just they've done that lately because there's no news about them purchasing bitcoins during the dip. But here they are, once again bought a lot of bitcoins and as usual, they're taking advantage of every dip. While the other companies are still thinking if they should do, Microstrategy is just doing its thing. Yes, good for them they are doing this since 2020, holding a total balance over 3,5$ billion dollars in bitcoin. Microstrategy adopted bitcoin as treasury reserve asset due to the irresponsible action of governments during the pandemic which intensified money printing to stimulate the economy artificially and to give emergency welfare packages to every citizens in need. Knowing how fiat currencies are going to increase its devaluation process for that reason (the global traditional economy is messed up), bitcoin became an interesting option for protecting their funds on long run. And I believe Microstrategy will keep buying more bitcoins yet. It's an asset that Microstrategy knows what they're buying. And expect that there will be more batches of it that they should buy whenever they see the dip again. This is now going to be the signal of others that would follow them if it's time to buy. But it's still better to have your own strategy when you should when the market is plunging.
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redsun114
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 30, 2021, 09:41:04 PM |
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The thing is more and more whales are continuing to develop interest in cryptocurrency, so we should expect to be seeing more of investments coming from big institutions like Microstratetgy and the rest of them. This is why I am very positive that the price will be increasing. As long as we still have more bitcoins to mine, then there is still more levels to attain in prices.
So, it is advisable for investors to take advantage of this opportunity, especially those investors that has plans to Hodl for a long term. The price we have now will be small compared to what we will be seeing in the future. The market has this tendency of increasing whenever there is a halving, and we will be seeing another in a few years. So no investment now is a waste, because you will gain from it later on.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Natalim
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 30, 2021, 10:00:09 PM |
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The thing is more and more whales are continuing to develop interest in cryptocurrency, so we should expect to be seeing more of investments coming from big institutions like Microstratetgy and the rest of them. This is why I am very positive that the price will be increasing. As long as we still have more bitcoins to mine, then there is still more levels to attain in prices.
So, it is advisable for investors to take advantage of this opportunity, especially those investors that has plans to Hodl for a long term. The price we have now will be small compared to what we will be seeing in the future. The market has this tendency of increasing whenever there is a halving, and we will be seeing another in a few years. So no investment now is a waste, because you will gain from it later on.
The fact that everyone is welcome in crypto, this never be surprising. They have the money, they know the potentials of Bitcoin, and that they can't ignore investing. The more of having big investors, the more it gains more demands, and the results are totally positive which I think that all we want to happen. I'd think now that Microstrategy will buy more once there are other corrections happen. Just like the other companies, they hold for the future purposes.
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TravelMug
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2021, 12:29:50 AM |
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Well, this company are going b@lls to the wall with their Bitcoin strategy, just look at this site https://www.microstrategy.com/en/bitcoin/bitcoin-for-corporations - The Chairman and CEO Michael Saylor reminds me a lot of the CEO Patrick Byrne from Overstock, because they are not afraid to go into uncharted territories and they are willing to take a risk. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I hope their strategy to buy the dip, will rub off on other similar companies in the financial sector, because most of these companies are stuck in the past with traditional investment options. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I think most CEO in the top companies are old and traditional dinosaurs who doesn't or afraid to go on unchartered territory. But you can't blame them, bitcoin is really volatile and in just a snap their companies might lost billions in a day and then this CEO's will have to explain it to the board, so everything is on the line. But Michael Saylor is different, he might be a visionary and see's bitcoin as going to some places maybe in the next 5-10 years and it will grow massively that's why he is all in and very wise to buy during the dip.
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The Cryptovator
Legendary
Offline
Activity: 2352
Merit: 2210
Crypto Casino and Sportsbook
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December 01, 2021, 04:06:49 AM |
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Let's be real here, some day Bitcoin will enter a bear market similar to the crypto winter of 2018, and Microstrategy together with Nayib Bukele will look stupid for buying the dip that keeps dipping and dipping. Buying Bitcoin every single time it falls is really not the smartest strategy, the best strategy is to buy a lot of coins at the bottom of bear market and sell them and the height of bull market.
No, I don't think they will regret it and will look stupid at all. If you notice the average bought price of Bitcoin that is currently held by Microstrategy then you will realize why am I saying that. On the other hand, they aren't like me and you. They could buy in every dip which will help them recover previously bought coin prices quickly. Do you think they are just holding? At least I am not believing them. They announce once they bought, but they will never announce upon selling. Whales always gainer because they could sell it for $70K and perhaps bought it in the $50K zone. Still, will you call them stupid? If they were stupid they shouldn't become a multi-billionaire.
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molsewid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2021, 04:14:10 AM |
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If you only read the news without taking action to buy bitcoin while the price is at the dip, you will not make anything except regret in the future because you miss the chance to buy at the dip. Microstrategy can buy bitcoin in any amount and we should do the same thing as well, especially if we want to benefit from bitcoin. It is no surprise if a big company or the whales buys many bitcoin at once at the dip because they have a large amount of the money that they can use to buy bitcoin. What needs to be our concern is what we will do if we see the dip.
I will never doubt that big companies like Microstrategy will going to take advantage on the current price correction of bitcoin because aside from the fact that they have the potential to acquire it as many as they can they also know already the big potential of this platform to give them a good return of investment when the price is pump. We could also do the same thing too, we can also take advantage the price correction and this is the best approach that we can do, even the smallest number we can have, having bitcoin is totally worth it.
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Jating
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2021, 04:58:02 AM |
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Let's be real here, some day Bitcoin will enter a bear market similar to the crypto winter of 2018, and Microstrategy together with Nayib Bukele will look stupid for buying the dip that keeps dipping and dipping. Buying Bitcoin every single time it falls is really not the smartest strategy, the best strategy is to buy a lot of coins at the bottom of bear market and sell them and the height of bull market.
No, I don't think they will regret it and will look stupid at all. If you notice the average bought price of Bitcoin that is currently held by Microstrategy then you will realize why am I saying that. On the other hand, they aren't like me and you. They could buy in every dip which will help them recover previously bought coin prices quickly. Do you think they are just holding? At least I am not believing them. They announce once they bought, but they will never announce upon selling. Whales always gainer because they could sell it for $70K and perhaps bought it in the $50K zone. Still, will you call them stupid? If they were stupid they shouldn't become a multi-billionaire. I think they are still going to be in profits no matter what. I think the bear market is still far though, just imagine if the price hits $150k, just for the sake of argument and then goes down 50%-60% during a bear market, everyone is still going to make some profits if you bought in <$50k zone. So still win-win situation for this whales. Yeah, they might sold at sometime to make some profits, who doesn't?
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AicecreaME
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2021, 06:23:50 AM |
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The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
This time is really a great opportunity to buy coins because the prices are low, so you can buy more coins at a lesser value that could make you a huge profit once the market starts pumping again. Actually, this is one of the golden rules in crypto, "buy low, sell high". Whenever we have the opportunity to buy, let's grab it. Let's choose to look at the positive side whenever the market goes downhill. Let's utilize the low positions of coin right now before it starts to go skyrocket again. But of course, you should still do this carefully. Do not just impulsively buy coins that are in a dip, because not everything that has a low price right now is a good investment. Still do your own research to know if the coin you are planning to buy is worth the money. Do not be fearful whenever this kind of season happens because crypto always bounces back right after. Instead, buy the fear and sell the greed like what they say.
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aoluain
Legendary
Offline
Activity: 2380
Merit: 1343
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2021, 09:27:30 AM |
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Let's be real here, some day Bitcoin will enter a bear market similar to the crypto winter of 2018, and Microstrategy together with Nayib Bukele will look stupid for buying the dip that keeps dipping and dipping. Buying Bitcoin every single time it falls is really not the smartest strategy, the best strategy is to buy a lot of coins at the bottom of bear market and sell them and the height of bull market.
No, I don't think they will regret it and will look stupid at all. If you notice the average bought price of Bitcoin that is currently held by Microstrategy then you will realize why am I saying that. On the other hand, they aren't like me and you. They could buy in every dip which will help them recover previously bought coin prices quickly. Do you think they are just holding? At least I am not believing them. They announce once they bought, but they will never announce upon selling. Whales always gainer because they could sell it for $70K and perhaps bought it in the $50K zone. Still, will you call them stupid? If they were stupid they shouldn't become a multi-billionaire. I think they are still going to be in profits no matter what. I think the bear market is still far though, just imagine if the price hits $150k, just for the sake of argument and then goes down 50%-60% during a bear market, everyone is still going to make some profits if you bought in <$50k zone. So still win-win situation for this whales. Yeah, they might sold at sometime to make some profits, who doesn't? According to Michael Saylor he is not going to be selling (whether we can believe that is another thing). We can take it that those 7,000 Bitcoin are off the market for the foreseeable future. Regarding their strategy to buy the dips, they do that in line with being able to raise capital, they can only buy with what liquidity they have at any one time. BTD, DCA.
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kryptqnick
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December 01, 2021, 10:40:54 AM |
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The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
The article provided by DeathAngel mentions that they bought their bitcoins at $59k per coin. How exactly is it buying the dip? Also, I don't see why it's important news, to be honest. They already have tons of BTC, and it's not like they bought these in one go, which could affect the price. There are big stakeholders, it's not a secret. But since they don't have any interest in losing profits, they don't pose a threat to the market. Even if Microstrategy dropped their $3 billion worth of BTC in one go, with trading volume of Bitcoin for the last 24 hours being almost $36 billion, how much of a difference would they have made? A short-term significant drop, perhaps, but it Bitcoin could easily recover from that in days.
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Lucius
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December 01, 2021, 10:56:32 AM |
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Also, I don't see why it's important news, to be honest.
The only importance of this news is that a little more time passed between this and the last investment than usual, more precisely the previous investment was 13.09.2021 - 5050 BTC (check @fillippone spreadsheet) + but there is also a difference where the money came from explained in this post. Even if Microstrategy dropped their $3 billion worth of BTC in one go, with trading volume of Bitcoin for the last 24 hours being almost $36 billion, how much of a difference would they have made? A short-term significant drop, perhaps, but it Bitcoin could easily recover from that in days.
I wouldn’t agree that it would only have a short-term effect, because it’s not just a matter of someone selling 50 000 BTC, but if MicroStrategy did it, it would create a real panic in the market at the moment it was made public. Of course, the market would recover, but not in a few days, because investor confidence would be quite shaken.
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cheezcarls
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December 01, 2021, 12:56:42 PM |
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The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
Microstrategy knows how Bitcoin has huge potential in the long run. Even at the current price, they’ve managed to buy a lot. Even the government of El Salvador had managed to buy a lot of BTC during the dip. I know that this is not going to be easy for institutions to adopt BTC, but we’re gonna take it one day at a time.
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sarmrakib
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December 01, 2021, 02:15:27 PM |
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The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
I think it's not surprising anymore because the micro strategy has done that many times already and that was their working strategy buying in the dip. Just imagine micro strategy now is holding 120K+ bitcoin in their position and who knows that other companies were doing that also in private so we cannot ignore that idea because some of the mainstream investment companies are now on board with the cryptocurrency market, and I believe this kind of information will be more common in the years to come. First, the news is really getting me warm once again. Its also a good news for crypto market that a well established company are continuously buying it on dip. It has really a astron evidence that btc will hit on the upcoming future. We all know rhat btc is a asset and alway giving us a good return. So that i think big companies are really getting interested to come here and invest on it. I hope so and it will be happen on the future.
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kaya11
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December 01, 2021, 02:20:08 PM |
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They know their game, they smell something big might happen again and for sure there would be profits from that dip. These folks are only getting more richer. I hope I have those skills in this Market too, knows when to buy and when to sell. And not just randomly buying whenever I feel like it.
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DarkDays
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December 01, 2021, 02:20:27 PM |
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The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
But here they are, once again bought a lot of bitcoins and as usual, they're taking advantage of every dip. While the other companies are still thinking if they should do, Microstrategy is just doing its thing. Taking advantage of the dip is something most financially adept should think about. Why not buy something at a discount when you know it will only go higher from here- assuming a long-term position? Microstrategy, is up there calculating risks and leaping over them - perhaps something investors with smaller pockets should consider doing... In any case, it is interesting how millions are dropped, it kinda makes you wonder why not buy your 1k worth of BTC now
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