“Saylor bought the DIP”, A Short Bitcoin “movie”

[24Kt]

Despite the possibility that nation-states will also start HODLing Bitcoin? El Salvador might only be the beginning. I believe when nation-states start to understand that they need to hedge, and HODL Bitcoin as protection against the possbility that they might lose control of the economic/financial system, they will hedge.

El Salvador are pioneer and more nations will join the party. I think those nations will be part of a strategic game in which we might see some loopholes that we can not imagine of at the moment.

Do you think that with Bitcoin, cryptocurrency or CBDCs, someday a nation can wipe out their national debt with one click, after one night, something like this. It would be a chaotic situation and we don't know how far it will go and how it will be solved.

HODLing Bitcoin is a hedge in case of chaotic situation, like hyperinflation. I never said, or assumed that a nation-state HODLing Bitcoin’s purpose would be to wipe out its national debt with one click. That would be like a pleb investing in a shitcoin to get rich in one night. Hahaha.

Saylor wants you to stay relevant by making the headline every time the bitcoin price fall for buying the dip. Almost all crypto traders are buying the dip so why is Michael Saylor making the headlines for buying the dip? We all know crypto whales, exchanges, banks, even countries are buying the dip. why nobody was talking about them but Michael Saylor? Perhaps, Mr. Saylor is spending money on the press to market his brand and attract more investors.   

We don't know his ulterior motive here but more than likely, there will always something he thinks that will favor on his personal interest. Or he just wants people to know his active involvement in crypto market and that is good to market his brand, whatever business he is into. Just to make a noise is already a plus for business exposure. People always wanted to be in spotlight if he is selling something to the public, whether services or goods.

[franky1]

saylor bought the dip??
last i checked his latest acquisition of 7000 coins was at an average of $59k each.. not really a dip.

oh well.. if a forum title says it, a meme says it and a video says it. then forget the real price. and just say he bought the dip?right?!

lets all just make new posts based on what we find on twitter without checking and without asking ourselves is it even relevant to reality or worthy of posting, all because trend following..

[hatshepsut93]

lets all just make new posts based on what we find on twitter without checking and without asking ourselves is it even relevant to reality or worthy of posting, all because trend following..

I think it's you who should check things before posting, because the OP was made on Nov 30, back when Bitcoin actually had a small recovery from it's dip to $54k that happened earlier, which is what the meme is about - Bitcoin crashed from $59k on Nov 25, but "Saylor bought the dip" and it bounced back to the previous level.

[Wind_FURY]

MicroStrategy has purchased an additional 660 bitcoins for ~$25.0 million in cash at an average price of ~$37,865 per #bitcoin. As of 1/31/22 we #hodl ~125,051 bitcoins acquired for ~$3.78 billion at an average price of ~$30,200 per bitcoin.

https://twitter.com/saylor/status/1488498422495817728

Chad-Saylor bought the DIP again, and there are people in the internet with less than $1,000 of their own money held in Bitcoin who talk crap about this chad, and his Bitcoin purchases. It’s laughable.