Bitcoin Forum
November 02, 2024, 01:17:41 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: Microstrategy bought more bitcoin  (Read 514 times)
PX-Z
Hero Member
*****
Offline Offline

Activity: 1624
Merit: 964


pxzone.online


View Profile WWW
July 02, 2023, 04:35:42 PM
 #61

Do you think when there's an ATH they will dump all their holdings?
If they sell on bull run i don't mind i guess there wont be any significant change but if they sell in bear market that would be the worst case scenario cause it will have huge effect on the market probably we will experience a very long bear season.

royalfestus
Hero Member
*****
Offline Offline

Activity: 2464
Merit: 519


View Profile
July 03, 2023, 08:52:06 AM
 #62

Is the public aware of the wallet address?
Do you mean a Microstrategy wallet address? I think it is too risky for a large company to publish its storage wallet address.
Indeed, I simply want to ensure that we are not being misled by the routine updates regarding stockpile accumulation, as they can often be deceptive in the market. Additionally, I hope that they publicly disclose their sales information.
Wind_FURY
Legendary
*
Offline Offline

Activity: 3094
Merit: 1929



View Profile
July 03, 2023, 11:30:45 AM
 #63

Do you think when there's an ATH they will dump all their holdings?
If they sell on bull run i don't mind i guess there wont be any significant change but if they sell in bear market that would be the worst case scenario cause it will have huge effect on the market probably we will experience a very long bear season.


Michael Saylor is a Giga Chad, he won't sell for profit. I believe he's in a long term journey with those who truly understand that the world needs something like Bitcoin to exist. - A fall-back/back-up for the current financial system just in case it collapses.

It also doesn't have to be as fast as its centralized counterparts. It only needs to be dependable in what it does to be an effective alternative, giving its users censorship-resistance and self-sovereignty.

Furthermore, remember when FUDsters were saying that there was a high probability that Saylor will lose his investment?

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
PX-Z
Hero Member
*****
Offline Offline

Activity: 1624
Merit: 964


pxzone.online


View Profile WWW
July 03, 2023, 03:51:34 PM
 #64

Michael Saylor is a Giga Chad, he won't sell for profit. I believe he's in a long term journey with those who truly understand that the world needs something like Bitcoin to exist. - A fall-back/back-up for the current financial system just in case it collapses.
Why not? The profits it gets benefits the company and everything to its future investment plans. Also, it's a company owned by multiple people who have shares and doesn't have 1 person to do the decision making. I know how bullish to bitcoin Saylor is, but a company/incorporated such as microstrategy doesn't work like that.

Wind_FURY
Legendary
*
Offline Offline

Activity: 3094
Merit: 1929



View Profile
July 04, 2023, 05:56:24 AM
 #65

Michael Saylor is a Giga Chad, he won't sell for profit. I believe he's in a long term journey with those who truly understand that the world needs something like Bitcoin to exist. - A fall-back/back-up for the current financial system just in case it collapses.

Why not? The profits it gets benefits the company and everything to its future investment plans. Also, it's a company owned by multiple people who have shares and doesn't have 1 person to do the decision making. I know how bullish to bitcoin Saylor is, but a company/incorporated such as microstrategy doesn't work like that.


Because Bitcoin is like any other sound investment/asset, like long term value-stocks with good fundamentals, and a long term store of value like Gold. Zoom out both the Dow Jones and Gold to the maximum to give yourself an example.

It's also more valuable for the company to keep on HODLing because it itself makes the company more valuable. If the company needs fiat or wants to hold fiat as hedge, they borrow against the asset, not sell.

Plus if there is going to be some selling, there's also going to be some buying. It's not going to be just "for profit". They don't play pleb-games like us.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
Bureau
Sr. Member
****
Offline Offline

Activity: 490
Merit: 279


View Profile
July 04, 2023, 09:05:30 AM
 #66

Looking at the agressive approach of Michael Slayer and his compan. It would be wise to believe that Microstrategy would eventually become the most profitable compay in the next ten years. By 2033 Bitcoin would surpass 100k and because of it Microstrategy would be more profitable than every other organisation at that time.

👉 If you are a merit source feel free to visit Indian Board where currently there is no active merit sources available
🔥🔥🔥Please support Application for Merit Source - TheUltraElite🔥🔥🔥
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!