With Saylor buying as much as he does, it is only becoming more and more important for everyone to buy as much bitcoin as possible and move to cold storage as soon as possible.
Every sat that we control is a sat that can't be used to issue more paper bitcoin IOUs on centralized services like Coinbase.
Buy bitcoin. Move to cold storage. Never sell. Only spend.
Topic: Michael Saylor advices never to sell bitcoin... - page 4. (Read 1789 times)
It's up to each of us to see what direction his voice is like but the most important thing is that we also don't ignore our own abilities in making efforts to improve financial improvements and if it is useful then use it and don't worry about anything that will happen.
The part where you said, not having to ignore our abilities to come by some good decisions captured me.You know, this is what brings about over dependency and low self esteem if I might go that far. Not having to believe in yourself to make good decisions and good judgments.
We have it in us I say, we just have to know how to explore it, how to be confident in the ideas that plays out in our heads to be of good origin and in the event that they are not, we seek corrections and better plans or analysis.
Michael Saylor is always right in his analogy. If you mention Michael Saylor's name, we all know that he is a very famous investor and he continues to buy bitcoin because he is a visionary, he can see and believe that bitcoin is an asset of the future. So we should listen to his advice, at least do not sell before the time comes, patience is the key. He understands that Bitcoin is the foundation of all coins and bitcoin is a store of value.
If we are not involved in the market today, we may have made a big mistake. I understand that there are still many who have not invested because maybe because of ignorance, but for those who already know buying and storing bitcoin will be better besides btc can prevent inflation. Even Michael Saylor once stated the obvious. Owning bitcoin is a must, Learn now or later because it is never too late to invest in bitcoin because holding bitcoin will make you achieve financial freedom.
If we are not involved in the market today, we may have made a big mistake. I understand that there are still many who have not invested because maybe because of ignorance, but for those who already know buying and storing bitcoin will be better besides btc can prevent inflation. Even Michael Saylor once stated the obvious. Owning bitcoin is a must, Learn now or later because it is never too late to invest in bitcoin because holding bitcoin will make you achieve financial freedom.
~snip
I don't say it's a crime to hold Bitcoins, I say that this is not the best thing to do Bitcoin if you want to do something good for the ecosystem. Many people promote the idea of buying Bitcoin and never selling and if too many people follow their advice, it won't be good.Of course, it's not a crime to hold Bitcoin, but when we say hold, are we actually talking about holding for a time frame(long term) or for the community (eternity) ?. In as much as holding for long is always advisable, people needs to still make use of it by selling at some point. Even though I'm not too good in Economics, my common sense definitely knows that buying and selling makes every market work. And when I say holding for the community, I really doubt if 10% of Bitcoin hodlers are willing to give up their holdings and never sell.
~snip
If there are constant buyers and no one is selling, then Bitcoin adoption will slow down. We have to actively send and receive Bitcoin in order to motivate companies to accept Bitcoin payments in their stores. When many stores accept Bitcoin and many people start using it, it will become more popular, and the price will automatically increase.Exactly the point here. The price will definitely go higher, but due to the decline in the amount of Bitcoin entering the market, there will be some buying difficulties due to it's limited supply, and besides, the mining reward isn't increasing either.
I don't think it's a crime to hold and don't sell you Bitcoin. It's a matter of choice. There will always be people who want to sell at a given time, so if someone decides to hodl it wouldn't stop you from buying and using it as a currency. Many people just like you will sell some part of thier coins and people who decides to hold help to keep the price higher.
I don't say it's a crime to hold Bitcoins, I say that this is not the best thing to do Bitcoin if you want to do something good for the ecosystem. Many people promote the idea of buying Bitcoin and never selling and if too many people follow their advice, it won't be good.If there are constant buyers in the market and no one selling, the price will go up much faster. But I wonder how far it will go without taking any profits, realizing a little bit and then picking up again from the bottom. Even if it's not Saylor, someone will try to control the market and sell if the price gets too high. Besides, nothing rises forever.
If there are constant buyers and no one is selling, then Bitcoin adoption will slow down. We have to actively send and receive Bitcoin in order to motivate companies to accept Bitcoin payments in their stores. When many stores accept Bitcoin and many people start using it, it will become more popular, and the price will automatically increase. We all view him differently, but he at least does something that benefits the BTC during its cycle.
He may do it only for his own gain in mind, however, he still accomplishes something bringing awareness to the big guys out there how things may be done.
Usually people who have influence will get a positive response from everything they talk about and that shows the positive side of their influence. Saylor is an important part now even though we don't see him as one of the reliable financial advisors but more than that his voice is a pretty important part in the formulation of bitcoin's journey and his voice will be a guide for some people who follow him. This effect is called having an influence on its own appeal and they can say something based on their observations.He may do it only for his own gain in mind, however, he still accomplishes something bringing awareness to the big guys out there how things may be done.
It's up to each of us to see what direction his voice is like but the most important thing is that we also don't ignore our own abilities in making efforts to improve financial improvements and if it is useful then use it and don't worry about anything that will happen.
Totally.
And we should always analyze everything big figures say ourselves.
If it aligns with our views, it doesn't mean we shouldn't check them and make our opinion out of it.
We all view him differently, but he at least does something that benefits the BTC during its cycle.
He may do it only for his own gain in mind, however, he still accomplishes something bringing awareness to the big guys out there how things may be done.
Usually people who have influence will get a positive response from everything they talk about and that shows the positive side of their influence. Saylor is an important part now even though we don't see him as one of the reliable financial advisors but more than that his voice is a pretty important part in the formulation of bitcoin's journey and his voice will be a guide for some people who follow him. This effect is called having an influence on its own appeal and they can say something based on their observations.He may do it only for his own gain in mind, however, he still accomplishes something bringing awareness to the big guys out there how things may be done.
It's up to each of us to see what direction his voice is like but the most important thing is that we also don't ignore our own abilities in making efforts to improve financial improvements and if it is useful then use it and don't worry about anything that will happen.
Well that's their decision and I think those incident what happen to Nokia,yahoo and other platform didn't adapt to the changes will fall down.
What Microsoft did is for sure a big mistake that they would regret later on especially if there's big changes that would gonna happen for bitcoin in future.
People need to move on now on their speculation for Microsoft since they already put an end with these thoughts and shows that they are not really ready for taking good initiatives for investing on Bitcoin.
For sure Michael Saylor is disappointed with Microsoft decision since this is somehow a good opportunity for bitcoin to pump more but guess nothing happen since they decline this option.
What Microsoft did is for sure a big mistake that they would regret later on especially if there's big changes that would gonna happen for bitcoin in future.
People need to move on now on their speculation for Microsoft since they already put an end with these thoughts and shows that they are not really ready for taking good initiatives for investing on Bitcoin.
For sure Michael Saylor is disappointed with Microsoft decision since this is somehow a good opportunity for bitcoin to pump more but guess nothing happen since they decline this option.
Let Amazon reap the rewards from their initiative.
They did well, and Microsoft, just maybe, will be there too one day.
Because everybody is hopping onto the idea of creating some connection with BTC in different forms, and it will be seen more as time goes on.
That’s unfortunate. With this decision, they’ll likely be left behind by Amazon. Maybe they’re still waiting for the U.S. to officially make Bitcoin a strategic reserve? If that plan materializes, Bitcoin will pump, and they’ll end up buying at a much higher value than it is now.
Of course, we can’t blame them, they’ve made good decisions to reach their current level. However, Bitcoin is hard to ignore, especially since fiat will inevitably face inflation in the future, no matter which country we’re in. I’m not losing hope, though. Hopefully, they’ll realize its value in the future, better late than never investing at all.
According to the report: the reason they refuse to invest in bitcoin is because they are concerned about its unpredictable volatility. This makes me wonder if they are waiting for bitcoin to become safer to invest in or are they waiting for a bear season before deciding to invest because it will be much safer for them then.
Even though they vetoed the idea of buying bitcoin, that doesn't mean it will never be proposed again in the future, I think at some point they will discuss the idea again and probably during the bear season. They are big corporations and their investment plans will definitely be different from ours, don't be too quick to judge or criticize them just because they haven't invested in bitcoin at this time.
Big corpos are like sleeping giants - they are hard to wake, but when they do, be wary of them.
So I do believe in your words - the decision was made, but it may be changed in the future.
That’s unfortunate. With this decision, they’ll likely be left behind by Amazon. Maybe they’re still waiting for the U.S. to officially make Bitcoin a strategic reserve? If that plan materializes, Bitcoin will pump, and they’ll end up buying at a much higher value than it is now.
Of course, we can’t blame them, they’ve made good decisions to reach their current level. However, Bitcoin is hard to ignore, especially since fiat will inevitably face inflation in the future, no matter which country we’re in. I’m not losing hope, though. Hopefully, they’ll realize its value in the future, better late than never investing at all.
According to the report: the reason they refuse to invest in bitcoin is because they are concerned about its unpredictable volatility. This makes me wonder if they are waiting for bitcoin to become safer to invest in or are they waiting for a bear season before deciding to invest because it will be much safer for them then.
Even though they vetoed the idea of buying bitcoin, that doesn't mean it will never be proposed again in the future, I think at some point they will discuss the idea again and probably during the bear season. They are big corporations and their investment plans will definitely be different from ours, don't be too quick to judge or criticize them just because they haven't invested in bitcoin at this time.
-snip-
Plus Microsoft shareholders voted against buying Bitcoin as a Treasury Reserve Asset. That's OK, they will buy Bitcoin when it's $1,000,000. Keep front-running them.
Plus Microsoft shareholders voted against buying Bitcoin as a Treasury Reserve Asset. That's OK, they will buy Bitcoin when it's $1,000,000. Keep front-running them.
That's a loss from their side in perspective.
Let them try to keep up with others in the future - they will be on the side road in that regard.
Plus Microsoft shareholders voted against buying Bitcoin as a Treasury Reserve Asset. That's OK, they will buy Bitcoin when it's $1,000,000. Keep front-running them.
That’s unfortunate. With this decision, they’ll likely be left behind by Amazon. Maybe they’re still waiting for the U.S. to officially make Bitcoin a strategic reserve? If that plan materializes, Bitcoin will pump, and they’ll end up buying at a much higher value than it is now.
Of course, we can’t blame them, they’ve made good decisions to reach their current level. However, Bitcoin is hard to ignore, especially since fiat will inevitably face inflation in the future, no matter which country we’re in. I’m not losing hope, though. Hopefully, they’ll realize its value in the future, better late than never investing at all.
Well that's their decision and I think those incident what happen to Nokia,yahoo and other platform didn't adapt to the changes will fall down.
What Microsoft did is for sure a big mistake that they would regret later on especially if there's big changes that would gonna happen for bitcoin in future.
People need to move on now on their speculation for Microsoft since they already put an end with these thoughts and shows that they are not really ready for taking good initiatives for investing on Bitcoin.
For sure Michael Saylor is disappointed with Microsoft decision since this is somehow a good opportunity for bitcoin to pump more but guess nothing happen since they decline this option.
Plus Microsoft shareholders voted against buying Bitcoin as a Treasury Reserve Asset. That's OK, they will buy Bitcoin when it's $1,000,000. Keep front-running them.
That’s unfortunate. With this decision, they’ll likely be left behind by Amazon. Maybe they’re still waiting for the U.S. to officially make Bitcoin a strategic reserve? If that plan materializes, Bitcoin will pump, and they’ll end up buying at a much higher value than it is now.
Of course, we can’t blame them, they’ve made good decisions to reach their current level. However, Bitcoin is hard to ignore, especially since fiat will inevitably face inflation in the future, no matter which country we’re in. I’m not losing hope, though. Hopefully, they’ll realize its value in the future, better late than never investing at all.
She will answer you that it was mere cents per loaf. Why? Inflation caused by the constant expansion of the Central Bank's balance sheet.
Isn't it good then that they turn something that is withering from inflation to something that doesn't?
Didn't understand your point a bit, maybe I need to read into the details.
You should study Milton Friedman and his assertion that inflation has always been and always will be a monetary phenomenon.
Satoshi knew the potential of Bitcoin as a hedge against inflation and the fiat money system.
Plus Microsoft shareholders voted against buying Bitcoin as a Treasury Reserve Asset. That's OK, they will buy Bitcoin when it's $1,000,000. Keep front-running them.
He is just the guy with the influence to project his thoughts onto others.
So, yep - you can listen to it, you can ignore it, your choice, really.
BTC would be good in any case.
He's voicing out what he knows and what he has learnt over the years and what he believes to be real. It's left to others to either listen to it or ignore it totally, and even for those who listen and read about the idea, they also have two choices to choose from: either see it as a good idea and abide by it or totally ignore it.So, yep - you can listen to it, you can ignore it, your choice, really.
BTC would be good in any case.
I read and listen to talks about bitcoin, but from its critics, it's either the idea sounds interesting to me, which I could learn from, or just some funny clips that I can laugh over.
I think you are right and in the end, we are the ones who pull any trigger, in the crypto space or not.
We can be influenced by others, but we still take the final decision - and Saylor put his money on BTC.
So we can do the same. Or not.
Our choice.
I like Saylor but but I think that he is a little bit more of a champion than someone whom we should really be listening to which are going to be the cipher punks who created everything. I mean, I am thankful that he has been a champion, but he’s also not a financial advisor and he doesn’t know everyone’s individual situation so I guess it depends what he means exactly by that.
We all view him differently, but he at least does something that benefits the BTC during its cycle.
He may do it only for his own gain in mind, however, he still accomplishes something bringing awareness to the big guys out there how things may be done.
She will answer you that it was mere cents per loaf. Why? Inflation caused by the constant expansion of the Central Bank's balance sheet.
Isn't it good then that they turn something that is withering from inflation to something that doesn't?
Didn't understand your point a bit, maybe I need to read into the details.
I think it's not great that bitcoin becomes this "toy" for rich people.
I don't know what Saylor's ultimate goal is but I think we should be weary. He has no kids, seemingly nobody to pass them on. I really wonder why he's doing this.
And yeah it sounds nice to hear that he's a Bitcoin maxi and whatnot, but I still would like to understand the guy. Not saying he has bad intentions, but I don't understand it and find it suspicious.
Maybe the best we can hope is that he DOES sell, so we can use Bitcoin again as it was intended. As a means of exchange.
I don't know what Saylor's ultimate goal is but I think we should be weary. He has no kids, seemingly nobody to pass them on. I really wonder why he's doing this.
And yeah it sounds nice to hear that he's a Bitcoin maxi and whatnot, but I still would like to understand the guy. Not saying he has bad intentions, but I don't understand it and find it suspicious.
Maybe the best we can hope is that he DOES sell, so we can use Bitcoin again as it was intended. As a means of exchange.
Because he wants to profit in the end and gain attention for himself and BTC?
The most logical answer to me, IMO.
It's not merely about what they, or we, "know". It's actually about what kind of financial system the whole world is currently in right now. That's why it's IS, not "know". Whether we "know" or not, Bitcoin will continue to surge to night all time highs because the money-printer will always go BRRRRRRR, expanding the Central Banks' balance sheet.
We don't need "belief" in the future of the price of Bitcoin. - That's already assured by the money-printer.
We don't need "belief" in the future of the price of Bitcoin. - That's already assured by the money-printer.
Maybe you are right.
After all - they turn fiat into BTC, and that's always good in my book.
Let them have their beliefs, especially if it benefits BTC.
It's not merely about "THAT", nor is it merely something about "finance and investments".
Ask your grandmother what the price of a loaf of bread was during her time as a teenager with her raging hormones, chasing boys, and sneaking them inside the barn.
She will answer you that it was mere cents per loaf. Why? Inflation caused by the constant expansion of the Central Bank's balance sheet.
I think it's not great that bitcoin becomes this "toy" for rich people.
I don't know what Saylor's ultimate goal is but I think we should be weary. He has no kids, seemingly nobody to pass them on. I really wonder why he's doing this.
And yeah it sounds nice to hear that he's a Bitcoin maxi and whatnot, but I still would like to understand the guy. Not saying he has bad intentions, but I don't understand it and find it suspicious.
Maybe the best we can hope is that he DOES sell, so we can use Bitcoin again as it was intended. As a means of exchange.
I don't know what Saylor's ultimate goal is but I think we should be weary. He has no kids, seemingly nobody to pass them on. I really wonder why he's doing this.
And yeah it sounds nice to hear that he's a Bitcoin maxi and whatnot, but I still would like to understand the guy. Not saying he has bad intentions, but I don't understand it and find it suspicious.
Maybe the best we can hope is that he DOES sell, so we can use Bitcoin again as it was intended. As a means of exchange.
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