Microstrategy rug us again?

[sarmrakib]

I'd say it was coincidentally and the price drop was just a reaction from a very volatile asset. I don't know if there is manipulation from Microstrategy at all in this scenario if they did then they should have waited to get that drop before buying thousand bitcoins. Have you compare the past buys of MS and the market reaction? If it indeed the same then it might not be a coincidence.

The market is unpredictable but this is not the first coincidence, it happened a few times in the past. After the microstrategy announced buying more Bitcoin immediately the price will drop in the short term so OP has reason to be skeptical. It cannot be said that microstrategy is manipulating the market but the coincidence raises many questions.

The market is really high volatile in recent times .We have seen many ups and downs .I think Microstartegy has plan that how they will invest and what they will do in next .I think there is nothing here to manipulate .They have enter on the market as made their plan and go through .We know crypto market is high volatile and anything can happen in the market .We have seen huge bullish when ant positive news published and also we have seen market fall a bit even when there is any positive news .So i think we need more times from now to judge the market where its really going .

[suzanne5223]

The price of Bitcoin has been playing within $44,000 and $48,000 for the past week so any sharp rise and fall within this area is not really surprising and might not be something that is brought by a manipulative whale. But, you know, the price has always been affected by large day or short-term traders who must be making the most of any significant rumors and news. So the rumor that MicroStrategy will be buying once again must have led them to make orders. The same goes when the news of the actual buying hit the media pages.

rumor was terra luna was buying 10 billion in btc. I think people who use the word billions in conjunction with buying bitcoin are full of shit. What volume? Who did you buy it from. ALl I see is less than 1 coin available at most times, so I think most of these nigs are full of shit

I don't know where you get the rumor but there's nothing like Terra (Luna) buying a Billion dollars worth of BTC but checking your post history you appear to have more hate for Bitcoin than love.
For your information, Terra only bought some Millions worth of BTC but they promised to be the highest holder of BTC in the future.

Have you been following the news lately? Actually, this is not a rumor anymore as this has been hitting the headlines for the past days, and people are even following the wallet's activity. It seems Terra will indeed buy billions of dollars worth of Bitcoin. The plan is that Terra will buy a total of at least 10 billions in Bitcoin for the next 3 months as a reserve asset of their UST stablecoin. Accordingly, the purchase would be done by tranches of 125 million dollars per day.

I also follow the news about Terra (Luna) and I don't I won't have to know what they said about being of the highest Bitcoin holder but I misunderstood what the above user was saying because she put it in a way that the company is planning to buy Billions worth of Bitcoin at once and that the reason why I said they only accumulate 200Million worth of Bitcoin to their purse.

[MinMan]

Most people usually look forward to a bullish turn up on the prize whenever a whale makes an announcement that they have invested in the market, but from my experience so far in the market I haven’t really seen that happen. It doesn’t work that way. When they invest, it doesn’t have any effect immediately on the price of Bitcoin.

Moreover, I don’t think that Microstrategy would invest in Bitcoin and be wishing for it to decrease in price after they have invested in it. So, it doesn’t have anything at all to do with Microstrategy. That’s just how the market works, and it is currently bearish this time.

[Silberman]

Most people usually look forward to a bullish turn up on the prize whenever a whale makes an announcement that they have invested in the market, but from my experience so far in the market I haven’t really seen that happen. It doesn’t work that way. When they invest, it doesn’t have any effect immediately on the price of Bitcoin.

Moreover, I don’t think that Microstrategy would invest in Bitcoin and be wishing for it to decrease in price after they have invested in it. So, it doesn’t have anything at all to do with Microstrategy. That’s just how the market works, and it is currently bearish this time.

And it is is not really difficult to see why, just because one whale does something like that it does not mean that other whales are doing the same thing, when people think of the term whales they think of them as a monolithic group that move together and this is not true, so while a whale could buy bitcoin and maybe even express their belief the price will go up in value, another set of more powerful whales could believe and do the exact opposite without communicating with anyone, decreasing the price in the process.

[Mpamaegbu]

You need to experience what a rugpull is to truly understand its use. What could've happened at the time won't be far from price correction, nothing more. Perhaps when Microstrategy bought, certain whales felt it could be an appropriate time to dump in order to cause panic in the market. They often do this to create an atmosphere of panic sale and thereafter buy back cheap from weak hands. We see that pattern often. Yet investors still fall for it. How would they crash the market immediately after investing. It's not logical. Contrary to what OP thinks, it's far from rugpull. It's correction.

[jahepahit]

based on some few observation, it has been noticed that anytime microstrategy make purchase announcement then just go ahead and short for some few profits and exit. i dont know maybe its a coincedence or something but this is how it has been noticed to mostly happen with his announcement.

[mildmanneredsuffering]

the cofounder of microstrategy is Sanju K. Bansal  indian/hindu. of course they commit fraud

[OgNasty]

Peter Schiff is on Twitter accusing Michael Saylor of using his company's purchases to inflate the Bitcoin price so he can sell his personal stash at massive gains and buy back again lower to rinse and repeat.

https://twitter.com/PeterSchiff/status/1518014645960904704

This is extremely concerning if true, but not surprising at all.  This is the sort of manipulation that Wall Street has been doing for generations.  Michael Saylor is no different.  With Bitcoin he saw a chance to enrich himself and he jumped at it.  Now we all get to watch as he plays games with Bitcoin to get himself an insane amount of wealth and the Bitcoin community cheers him on as they're used as puppets in his shell game.  Gotta love it.  In it for the technology right?

[mildmanneredsuffering]

Peter Schiff is on Twitter accusing Michael Saylor of using his company's purchases to inflate the Bitcoin price so he can sell his personal stash at massive gains and buy back again lower to rinse and repeat.

https://twitter.com/PeterSchiff/status/1518014645960904704

This is extremely concerning if true, but not surprising at all.  This is the sort of manipulation that Wall Street has been doing for generations.  Michael Saylor is no different.  With Bitcoin he saw a chance to enrich himself and he jumped at it.  Now we all get to watch as he plays games with Bitcoin to get himself an insane amount of wealth and the Bitcoin community cheers him on as they're used as puppets in his shell game.  Gotta love it.  In it for the technology right?

every company on earth with hindu/indian executives commits fraud

[OgNasty]

Peter Schiff is on Twitter accusing Michael Saylor of using his company's purchases to inflate the Bitcoin price so he can sell his personal stash at massive gains and buy back again lower to rinse and repeat.

https://twitter.com/PeterSchiff/status/1518014645960904704

This is extremely concerning if true, but not surprising at all.  This is the sort of manipulation that Wall Street has been doing for generations.  Michael Saylor is no different.  With Bitcoin he saw a chance to enrich himself and he jumped at it.  Now we all get to watch as he plays games with Bitcoin to get himself an insane amount of wealth and the Bitcoin community cheers him on as they're used as puppets in his shell game.  Gotta love it.  In it for the technology right?

every company on earth with hindu/indian executives commits fraud

That seems to be a little too much of a blanket statement to possibly be true, but I get your point.

[JayTrain]

Perhaps artificially whales manipulate the price so that such as Microstrategy are purchased at a discount price. Maybe it's just a correction that coincided with the purchase of a whale, no one can predict the price of bitcoin, even in the short term.These guys will soon buy all the bitcoins)

[mildmanneredsuffering]

Peter Schiff is on Twitter accusing Michael Saylor of using his company's purchases to inflate the Bitcoin price so he can sell his personal stash at massive gains and buy back again lower to rinse and repeat.

https://twitter.com/PeterSchiff/status/1518014645960904704

This is extremely concerning if true, but not surprising at all.  This is the sort of manipulation that Wall Street has been doing for generations.  Michael Saylor is no different.  With Bitcoin he saw a chance to enrich himself and he jumped at it.  Now we all get to watch as he plays games with Bitcoin to get himself an insane amount of wealth and the Bitcoin community cheers him on as they're used as puppets in his shell game.  Gotta love it.  In it for the technology right?

every company on earth with hindu/indian executives commits fraud

That seems to be a little too much of a blanket statement to possibly be true, but I get your point.

they cant help themselves. leave a steak next to a hyenna. 100% of them guaranteeed will take the steak. the same is with hindus and paperwork fraud. the primal instinct for hindu is to steal without physical threat. they 100% without variation or exception commit fraud.

so has microstrategy committed fraud without physical threat? absolute 100% guaranteed

[eaLiTy]

~
But the strategy of such companies is that they buy at any time and with free money and plan to make a profit in many years. They absolutely do not care what is happening in the market now, what is the trend and other trifles that are needed only by speculative traders or short-term investors.

Institutional investors will have a strategy when they make any decisions, i doubt whether they are long term investors, they might be having a portion of their asset for the long term but they will always play the short term strategy and when they plan on selling off the coins in the open market they can plan on placing a short call and that way they make double of what they invested and i believe this is how they are playing in the market rather than dragging the market all the way down.

[StarKay]

Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

I don't think that in this case I'll call it price manipulation by MicroStrategy, it appears to confirm that there are many players of which MicroStrategy is just one. If your observations are accurate, it directly means that more people sold their BTC and the buy-in from MS is inadequate to cause an upward price movements.

[franky1]

unless they are physically buying/selling to cause actual price changes. then they are not manipulating the price.

whats more of the case is lots of other investors trying to predict the market reaction to news.

in short. the paradigms of old wall street trading habits/practices dont exist o bitcoin economics and because of the randomness of traders these days its not possible to plan the intentions of traders.

yes silly wall street drone/idiots want to turn bitcoin economics into trend following boring wall street economics. but bitcoin is steps ahead of those silly old games.

yes in the wall street days they were like robots, all just following the trends like sheep causing pumps on hype announcement. but individuals these days like to counter those sentiments and be preparing for the opposite. which is why bitcoin is not like wall street trading of the silly 'trend' patterns

but here is the thing.
the initial thought is when someone says they are buying large lumps. the sentiment is that everyone gets excited/confident to buy. and so lots of investors buy because they think everyone else will also buy.
BUT
the secondary thought is that when an announcement occurs lots of investors think these 2 scenarios play out.
a. those that jumped at the hype jumped but didnt get the pump they were hoping for and the correction then led to them selling quick to get out quick.
b. a large announcement usually means the buy happened already long before so the pump period is already finished with so people dont buy in as they know the hype is over before it began.
thus people are preparing to sell at an announcement not buy.
BUT
the third thought is that people know there is just as much chance of a buy pump as there is a sell dump after an announcement. and so they just do nothing.

[batang_bitcoin]

Perhaps artificially whales manipulate the price so that such as Microstrategy are purchased at a discount price. Maybe it's just a correction that coincided with the purchase of a whale, no one can predict the price of bitcoin, even in the short term.These guys will soon buy all the bitcoins)

I want to believe that it's just a normal correction. We've seen the recent pump of the market and it has to be stopped because it's too rapid.
I know too that whenever the market goes on the dip, there's a likely that they've been silently accumulating as much as they can. It won't be a surprising news if there's another article that they've just bought the recent dip.

[ivankoh]

I suppose it's just a coincidence, even when Kwon announced that he would hoard bitcoins, the price of bitcoin seemed to drop and everyone assumed it was a manipulation to hold a buyback position but I said  are not.  If bitcoin is in a position of lack of consolidation, FUD news could generate negative sentiment to push the price down.  The suspicions for Microstrategy are legitimate but to me it is lame and completely unproven.  There are more reasons for the price situation to become pressurized i guess

[masterrex]

Honestly, speaking I dont understand your whole point why you accuse the Microstrategy announcement as the reason why the Bitcoin price sharply fell down based only on buying announcement for me that's crazy, and why the price would be affected if that announcement was positive because it's buying, for me it's not related and I think there are other reasons why the Bitcoin price fall sharply on that day and definitely not because of the buying announcement from Microstrategy. that's my opinion about it. 

[LogitechMouse]

Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

TBH, I just don't know why people are blaming these institutions for the downfall of the price of Bitcoin.
Yes they bought many Bitcoins but that doesn't mean that we will always blame them whenever prices fall.

I'm leaning more on a coincidence than blaming somebody especially huge constitutions in the price decline of Bitcoin. At least next time, don't blame companies whenever prices goes down and vice versa because they aren't the reason to it.

[Doan9269]

Honestly, speaking I dont understand your whole point why you accuse the Microstrategy announcement as the reason why the Bitcoin price sharply fell down based only on buying announcement for me that's crazy, and why the price would be affected if that announcement was positive because it's buying, for me it's not related and I think there are other reasons why the Bitcoin price fall sharply on that day and definitely not because of the buying announcement from Microstrategy. that's my opinion about it. 

The fact that Microstrategy keep on accumulating it buys on bitcoin does not have anything to do with the current bearish, i don't understand why people work by assumption theories that are not real, the company is just opportuned to be among the bitcoin whales just as others, what i expect people to talk about is possibly on the next halfing coming up 2024 and the consequence of the last one on the economy, another thing to put into consideration is the bitcoin supply rate which is the functions of the hash rate across the globe, this are the possibilities to consider other than speculating on Microstrategy bitcoin purchasing power.