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Michael Saylor On Losing $4 Billion In Bitcoin Profits
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All of those guys made products or services BTC is not a product, per your definition. It's e-gold 2.0
The proverbial writing is on the proverbial wall … Bitcoin is the new gold.
Maybe Musk Bezos and Gates weren't traders but their companies actually made and sold things. MSTR has underperformed BTC YTD etc
I can name one Warren Buffett.
In 20 years micro strategy could be a global superpower … if they stick to their macro strategy
PLEASE BITCOIN SPOT ETF. IMO. PEACE.
The richest people in the world are also not ignorant of how technology evolves over time, making the previous iteration of the technology obsolete.
Timing and luck is everything. Almost all billionaires were lucky. Bitcoin can fall and maybe disappear in a few years.
So it’s better to buy XRP because btc will run on XRP
No 10x for you asshole. Diamond hand that shit to zero douchebag.
It's a ten year investment into one's Sovereign beliefs.
Go from slave…to "not a slave".
i have never heard such stupid words in my life before .
Makes you think these billionaires are not so smart to be buying pretty high. It's kind of weird they have zero patience. Strange.
Once it hits ~25k…I'll buy…as will another trillion dollars.. as a start.
68k down to 31k yea that sounds like your beating inflation .
Total BS. Micro strategy has lost nothing if it hasn’t sold its coin. You only loose when you sell
The successful billionaires he mentioned owns their companies and set the direction of travel for their businesses. He is not the owner of BITCOIN because it’s not a company, he is actually begging other people to buy so that he doesn’t loose his company funds. The analogy he made does not make any sense in this context
What about the poor people that followed Mr Saylor’s advice and borrowed and bought Bitcoin.
Those people have my sympathy.
MSTR and BTC both crushed again today. The cool thing is, Michael Saylor doesn’t care. He has a long term vision of how he believes Bitcoin is going to change the world and isn’t concerned with short term volatility. His average buy price is also well below $29,500. So yeah. There’s also that.
Btc and crypto is being manipulated at the aggregator and central exchange level. It is their wallet not yours, all of their internal activity is not on the blockchain, which is the solution to the manipulation. They short coins they don’t own to inflict pain and have you sell your tokens at a loss. They know your stop price and have the full order book. It’s shared with special investors just like all the other markets do. We are in a currency war, it’s a battle for the dominant currencies and who owns them. This is part of 4th and 5th dimensional warfare. Deception is being used for major transfers of wealth. Ust was a 385 million short attack to usdc, it’s on the blockchain, the wallet that it went to. Wrecked a lot of lives already.
Michael Saylor is awesome.
Inventing stuff or making the system better is not the same as holding a risky investment with leverage. This is a pure gamble. There is no argument to why the price of BTC would go up in the next 10 years. The transations are slow and expensive, it can't be used as a currency. Ur only selling point is that the amount created is fixed and that it is relatively safe. And your only reason to why it will continue going up is because of what? Because people will continue to buy an outdated cryptocurrency just because it's the OG? Very risky trade that could end up liquidating the company. But ofc there is a chance that the price of BTC goes above 100k and he can say he won the gamble I guess.
Saylor is so full of chit. Amazon is tangible, has a services and products, its useful. . BTC like Buffet said is totally worthless.
He needs to learn how to read the charts and then factor in manipulation as the game is rigged
Crypto is not a get rich quick scheme, any stock if you caught it right could have done that. This is just the 1st peek at this technology, we are all still so early to the party.
That comprasion to Amazon have no sense. Try compare it to all the company's that died. It's easy to pick winner and say "what if he sold". It's very fomo aproach. What Amazon does and what BTC does?. It's silly but don't think he is at this point in position to rethink what he did. It's all or nothing.
Keep digging
You can't compare Amazon and Microsoft to BTC. They have similarities but they are both different.
You think someone that smart would have had a good take profit strategy.
.In the early days BTC was a real money making machine, now is repackage as a "store value" ,"class asset, better than gold" etc ,to trick the late to the party losers investors….How do you believe that this BTC old Dinosaur has any chance to jump 10X, without helping the losers investors with your pocket money. This BTC crap doesn't have the money printing press privilege's like fiat have….
Today this hungry BTC monster is left alone without food, and is eating itself to a slow death…So, buy food for your monster, but big time, 350b+….Don't expect any return….Is just your pet you love….
Bitcoin is not beating inflation. The notion of that is comical. Look at what it has done. Physical gold is the only hedge against inflation.
its ok he will be praised again soon as btc goes up
Wonder what his stock will be trading at when his bitcoin is up 8 billion!
HOW DOES THE FRONT RUNNER BENEFIT?
He is the definition of HODL
“You NEVER CAN TIME THE MARKET.”
yet he made all of his biggest buys at same moment FED announced key monetary expansion moves. Timing is important and silly to say it’s a non factor
Mike you're a legend…
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