MicroStrategy knows or not? | Bitcointalksearch.org

bias

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Quote from: SamReomo on December 06, 2024, 03:13:30 PM

Quote from: asriloni on December 02, 2024, 06:19:34 AM

Saylor will buy more BTC. He will never stop until he reach what he desired. He wanted to bring as many cash as possible to the bitcoin. If he stops now, he won't reach his target.

Yes, that's true, but like other he's also into it to earn profit from his investment. If he someone earns that profit from the increase value of his shares then he will surely invest more in Bitcoin even if its value becomes $500k but if he's a mastermind then he'll sell some Bitcoin $200k and recover his investment back and at the same time he earns huge profit.

His company is buying aggressively not just to grow its portfolio but because it believes (and it does very well) that the price will rise to such an extent that by selling a smaller number of BTCs it will pay for the fiat bonds/ securities/ loans. This means that it will pay less and will still have a significant number of BTCs to move forward without any burden. From what I know, he owns (as an individual) a significant number of BTCs, close to 18000BTC and that makes him already a strong holder and BTC supporter. So, I doubt that he and his company will stop buying. The thing is when he will stop doing it aggressively? Or he won't stop doing it? Tongue

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Quote from: asriloni on December 02, 2024, 06:19:34 AM

Saylor will buy more BTC. He will never stop until he reach what he desired. He wanted to bring as many cash as possible to the bitcoin. If he stops now, he won't reach his target.

Yes, that's true, but like other he's also into it to earn profit from his investment. If he someone earns that profit from the increase value of his shares then he will surely invest more in Bitcoin even if its value becomes $500k but if he's a mastermind then he'll sell some Bitcoin $200k and recover his investment back and at the same time he earns huge profit.

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Quote from: mindrust on December 01, 2024, 03:37:58 PM

If I am not mistaken, he said he will never sell any coins and keep buying but I don't know if we should take his words seriously. He is not the most honest person out there imo. So far he has been doing great since bitcoin pumped a lot thanks to him but who knows what he will do in the future. People change opinions all he time. I am not necessarily saying that he is lying but in the past he was anti-crypto. Then he changed his mind and became super pro-crypto. He might change his mind again in the future. We need to stay alert.

You have just stated the obvious and i am of same opinion as you. Whatever that concerns money, we don't need to completely believe what anyone says. Even though Michael Saylor said of giving his wealth in bitcoin to humanity but we shouldn't hold him by his words because sometimes, humans uses technical strategies to confuse people but it is always in the end that true intentions are being discovered. Michael Saylor is having a good time now that his investment in bitcoin has grown huge wealth for him but who knows his next line of actions is a question everyone should have at the back of their mind. We should not completely trust those who criticized bitcoin in the past because they can wake up any day and surprise everyone with their move.

bias

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Quote from: Smartprofit on December 01, 2024, 02:46:29 PM

Microstrategy does not buy Bitcoins with its own funds, but with funds received from issuing bonds and shares.

That's why they follow this strategy because they believe that the price of BTC will surpass any fiat debt. If BTC rises, they will sell less in order to pay their fiat debt.

Quote from: Smartprofit on December 01, 2024, 02:46:29 PM

The management of Microstrategy is experienced Wall Street businessmen. These people are not guided by emotions, but by rational calculation.

Well, those people said that BTC is a bubble... Tongue

Anyway, they calculate the positive scenario. Did they calculate the negative possibility as well? BTC isn't a stock...

Quote from: Smartprofit on December 01, 2024, 02:46:29 PM

Bitcoin is a deflationary asset and it grows over time. Currently, the idea of creating Bitcoin reserves is actively discussed in the United States. In the future, all countries will have Bitcoins as part of the gold and foreign exchange reserves of their Central Banks. Bitcoin is gradually becoming a strategic reserve.

And probably, that's the reason that they don't be afraid to buy aggressively. Because they know that these moves will be made and will make the price rise even more. If Governments see it as a reserve, that means that they will not trade it instead they will hodling it.

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Quote from: SamReomo on December 01, 2024, 03:22:27 PM

If somehow Bitcoin crosses $200k then there's chance that he might sell half of his accumulation and recover his initial investment plus huge profit. And, he might accumulate more in the bear market.

The way whaling works. The same way high finance will be working.

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Quote from: SamReomo on December 01, 2024, 03:22:27 PM

Quote from: Franctoshi on November 29, 2024, 01:19:49 PM

the strategy would be to buy more Bitcoin to make more gains.

I don't think he'll buy more Bitcoin in this bull run because he has already accumulated huge amount of Bitcoin and now he might see how this bull run goes and what high value Bitcoin reaches in this bull run.

If somehow Bitcoin crosses $200k then there's chance that he might sell half of his accumulation and recover his initial investment plus huge profit. And, he might accumulate more in the bear market.

Saylor will buy more BTC. He will never stop until he reach what he desired. He wanted to bring as many cash as possible to the bitcoin. If he stops now, he won't reach his target.

He's targeted million for a bitcoin. He wants his company to have three digits billion or trillion valuation. This is what he wanted to do.

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They will definitely sell without letting us know, but at the same time, why would they? Not like they have to do either, they can let us know or not let us know and neither have anything negative for them at all, not like they will do that before they sell, that would crash the price and won't help them, but afterwards? This is a public company so if they end up selling, eventually we will see about it and know about it.

All in all, I believe he may sell if he ever decides to retire and cash out his company, but aside from that I do not think that he will sell, when you are making this much money, why would you sell? Nobody would ever think about selling in this situation. Also, another point to note is that he has way too much, nearly getting to 400k bitcoins now, so if he ever wants to sell, he won't be like us poor people, deposit that all on coinbase and cash out. He would do it "over the counter" style, p2p, or in this case b2b, and sell it to some big company in chunks instead.

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Quote from: SamReomo on December 01, 2024, 03:22:27 PM

Quote from: Franctoshi on November 29, 2024, 01:19:49 PM

the strategy would be to buy more Bitcoin to make more gains.

I don't think he'll buy more Bitcoin in this bull run because he has already accumulated huge amount of Bitcoin and now he might see how this bull run goes and what high value Bitcoin reaches in this bull run.

If somehow Bitcoin crosses $200k then there's chance that he might sell half of his accumulation and recover his initial investment plus huge profit. And, he might accumulate more in the bear market.

If I am not mistaken, he said he will never sell any coins and keep buying but I don't know if we should take his words seriously. He is not the most honest person out there imo. So far he has been doing great since bitcoin pumped a lot thanks to him but who knows what he will do in the future. People change opinions all he time. I am not necessarily saying that he is lying but in the past he was anti-crypto. Then he changed his mind and became super pro-crypto. He might change his mind again in the future. We need to stay alert.

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Quote from: Franctoshi on November 29, 2024, 01:19:49 PM

the strategy would be to buy more Bitcoin to make more gains.

I don't think he'll buy more Bitcoin in this bull run because he has already accumulated huge amount of Bitcoin and now he might see how this bull run goes and what high value Bitcoin reaches in this bull run.

If somehow Bitcoin crosses $200k then there's chance that he might sell half of his accumulation and recover his initial investment plus huge profit. And, he might accumulate more in the bear market.

Smartprofit

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Microstrategy does not buy Bitcoins with its own funds, but with funds received from issuing bonds and shares. The management of Microstrategy is experienced Wall Street businessmen. These people are not guided by emotions, but by rational calculation.

Bitcoin is a deflationary asset and it grows over time. Currently, the idea of creating Bitcoin reserves is actively discussed in the United States. In the future, all countries will have Bitcoins as part of the gold and foreign exchange reserves of their Central Banks. Bitcoin is gradually becoming a strategic reserve.

Therefore, the management of Microstrategy is acting very wisely, accumulating the first cryptocurrency on its balance sheet.

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Quote from: _act_ on November 27, 2024, 11:32:36 AM

Do you not know that bitcoin would be one of the world's money? It is even one now. You can send bitcoin to someone in one country to another and bypass those government regulatory rules which they use to cage their citizens. You can own bitcoin and the price will keep increase over time.

Yeah with the unexpected all time high rate I know for sure it's going to beat up all other currencies soon and amount as the number 1 exchange and currencyin the world and of a truth I tell you this is the period one need to hold more Bitcoin in wallets and invest as well. But talking about this micro strategy I presume it can enable Bitcoin to skyrocket the more making it visible for more adoption.

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Quote from: doesntworkthatway on November 27, 2024, 11:40:28 PM

I think he constantly needs to be in the public eye so that the company's shares grow.

If it's about public eye service, I think Elon Musk should be the one doing this which I remember he did in the last run but what happen later, he retracted and sold more than what he was having on the wallet and holding half now. He also provided an option for people to buy their products using Bitcoin and also stop the service but Microstrategy hasn't done all this but his company shares are going up, I'm not sure if it's what you think it's about publicity.

He has been a fan of Bitcoin right from day one when Bitcoin isn't this expensive, he want to see Bitcoin goes up way higher than anyone can imagined and since it has been working for him. If his dream of seeing Bitcoin goes up is working, there is no point got him to stop right now. The best is to continue to buy more and more so that peoples confidence in holding Bitcoin can continue to grow just like now the market is bullish for everyone.

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Quote from: bias on November 27, 2024, 11:27:20 AM

And I wonder. Do they know something we don't and are buying aggressively? To what point will they continue this strategy and what do they expect to gain, besides the obvious? Share your thoughts and opinions. Cool

Microstrategy have really shocked the world with their bitcoin investment, no one ever imagined they’d invest this big into bitcoin when they started. The bulk of it indeed happened in the year 2024, which bitcoin price has not been relatively low at the time. They continued to add to their portfolio even when the price of bitcoin continues to rise, that’s how much confidence they have in their investment in bitcoin and knowing fully well that they’ll reap the fruits of it in the coming months or years.

Holding more than 1% of the total bitcoin supply is a very big achievement, checking from the price of bitcoin today, they’re so rich that if they’d never invested in bitcoin, their profit wouldn’t have grown this big within this short period of time they’ve invested in it. Not even their company will give them such a big ROI from last year to this year. They are business ventures and I believe they see and actually see the probability of the success of a thing from months or years into the future, if not that, I don’t think they know something about bitcoin that the whole bitcoin community don’t know and finds it hard to see them invest this big in bitcoin.

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Quote from: Synchronice on December 01, 2024, 08:28:31 AM

From Bitcoin's whitepaper, we can clearly understand that Bitcoin is a global currency.

The word Global does not appear once in the Whitepaper, Not even the word World is present in the paper. There is not a word of replacing the $.
It was made as a P2P, a way to replace or sideline banking wires.

Once you had contact with the stubborn way banks, especially in the 3rd world ,treat people, or clients who need to channel (pay) money into country deems paria, suspect or else you know.

A bank closed an account of a friend of mine, he lived in Austria.
He wished to pay and the receiver bank was in Panama. The amount? Below €1000.

Microstrategy is taking a a bet. Lets see if it works out.

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Quote from: _act_ on November 30, 2024, 05:40:45 PM

Quote from: khiholangkang on November 30, 2024, 08:35:35 AM

Quote from: _act_ on November 27, 2024, 11:32:36 AM

Do you not know that bitcoin would be one of the world's money? It is even one now. You can send bitcoin to someone in one country to another and bypass those government regulatory rules which they use to cage their citizens. You can own bitcoin and the price will keep increase over time. No other reasons Microstrategy buys more bitcoin than knowing that the world will adopt it and the price will continue to increase.

Most people today do not consider Bitcoin as a global currency, but rather an investment asset, a hedge, therefore many companies and even countries buy it to store and invest in bitcoin, what Saylor did is also like that, Bitcoin is too valuable to be used as a currency today.

It depends on what we think as a global currency. To me bitcoin is more than a global currency. You can send bitcoin to your family and friends in anywhere in the world. It is not seen as a local or foreign transaction and no discrimination. So what is that? Is that not a global currency? Bitcoin can be used as investment by many people but also it can be regarded as a global currency.

From Bitcoin's whitepaper, we can clearly understand that Bitcoin is a global currency. Payment providers are 3rd parties and when it comes to payments from one country to another, there is a chain of banks that partnership and cooperate with each-other and not every payment provider is capable to accept many debit/credit cards. Bitcoin solves this problem, you don't need any 3rd party, you can send and receive Bitcoin from any part of the world to anyone, without limits. This is truly a phenomenal for everyone not only interested in ecommerce but for anyone who wants to deal smoothly with people all around the world. That is the future of finance, that's what helps economy to develop.

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Quote from: _act_ on November 30, 2024, 05:40:45 PM

Quote from: khiholangkang on November 30, 2024, 08:35:35 AM

Quote from: _act_ on November 27, 2024, 11:32:36 AM

Do you not know that bitcoin would be one of the world's money? It is even one now. You can send bitcoin to someone in one country to another and bypass those government regulatory rules which they use to cage their citizens. You can own bitcoin and the price will keep increase over time. No other reasons Microstrategy buys more bitcoin than knowing that the world will adopt it and the price will continue to increase.

Most people today do not consider Bitcoin as a global currency, but rather an investment asset, a hedge, therefore many companies and even countries buy it to store and invest in bitcoin, what Saylor did is also like that, Bitcoin is too valuable to be used as a currency today.

It depends on what we think as a global currency. To me bitcoin is more than a global currency. You can send bitcoin to your family and friends in anywhere in the world. It is not seen as a local or foreign transaction and no discrimination. So what is that? Is that not a global currency? Bitcoin can be used as investment by many people but also it can be regarded as a global currency.

Basically Bitcoin is a multi -function for now because it can be used for payment tools, investment assets or value protectors such as gold, and the use of subjective use, I feel that the use is relative. But in general today Bitcoin is made as an investment tool and a value protective equipment.

So it's a luck in the financial world where Bitcoin has a multifunctional for now and that is a very good thing we can see from Bitcoin.

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Quote from: Franctoshi on November 29, 2024, 01:19:49 PM

One thing is that this Billionaires has more information than we do, and secondly MicroStrategy is acquiring more Bitcoin because of the company, and just as we've seen recently how the companies stock has skyrocketed in price, so I would say since he has seen the positive result and impact of holding Bitcoin in his portfolio, which has in the companies recent growth, the strategy would be to buy more Bitcoin to make more gains.

they also probably bet on the probability of bitcoin being approved of strategic bitcoin reserve in the future which might be a big thing for bitcoin and the only reason that could justify 1 million price for bitcoin.
but so far I think like as you said, they just doing it because it works, it can inflate their stock valuation more than double of their BTC holding that means it's a good enough result already.

surely they know something that we don't know that's why maybe buying BTC right now isn't that risky after all, current market price might seem a little on the expensive side but if there's any chance that BTC could go really high in the future I guess $100k can be considered cheap for long term holding.

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Quote from: khiholangkang on November 30, 2024, 08:35:35 AM

Quote from: _act_ on November 27, 2024, 11:32:36 AM

Do you not know that bitcoin would be one of the world's money? It is even one now. You can send bitcoin to someone in one country to another and bypass those government regulatory rules which they use to cage their citizens. You can own bitcoin and the price will keep increase over time. No other reasons Microstrategy buys more bitcoin than knowing that the world will adopt it and the price will continue to increase.

Most people today do not consider Bitcoin as a global currency, but rather an investment asset, a hedge, therefore many companies and even countries buy it to store and invest in bitcoin, what Saylor did is also like that, Bitcoin is too valuable to be used as a currency today.

It depends on what we think as a global currency. To me bitcoin is more than a global currency. You can send bitcoin to your family and friends in anywhere in the world. It is not seen as a local or foreign transaction and no discrimination. So what is that? Is that not a global currency? Bitcoin can be used as investment by many people but also it can be regarded as a global currency.

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Quote from: bias on November 27, 2024, 11:27:20 AM

Hello. I read today in this article that Microstrategy and its chairman, Michael Saylor, hold 386,700 BTC, thus the ~1.84% of the total BTC supply. Many of these were purchased in 2024 and at relatively high prices.

And I wonder. Do they know something we don't and are buying aggressively? To what point will they continue this strategy and what do they expect to gain, besides the obvious? Share your thoughts and opinions. Cool

This is not really about knowledge but about conviction, how many times we have read on the forum about people that sold their cars or houses to buy all the bitcoin they could? And while a very risky move, the reality is that as long as they could hold their coins no matter what and avoid selling, then this will eventually become a profitable move, this is just the same, it is just that the scale is magnitudes of order bigger, but the core idea is the same.

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Quote from: bias on November 27, 2024, 11:27:20 AM

Hello. I read today in this article that Microstrategy and its chairman, Michael Saylor, hold 386,700 BTC, thus the ~1.84% of the total BTC supply. Many of these were purchased in 2024 and at relatively high prices.

And I wonder. Do they know something we don't and are buying aggressively? To what point will they continue this strategy and what do they expect to gain, besides the obvious? Share your thoughts and opinions. Cool

There is this post I read where Microstrategy bought many Bitcoin around $12k, till now he hasn't sold anything, that's tells us the guy want to dominate Bitcoin and he want to be the leader. He isn't the only one in this race if Bitcoin accumulation, Blackrock is also taken all the Bitcoin he touches. What if those two people are even in competition to stack all the Bitcoin they see around or perhaps or what if they even collaborate to make Bitcoin scares for people.

Whatever the reason or the things they see in Bitcoin that we the ordinary don't see, I'm very sure that it's because it's going to benefit them. They have the money, Microstrategy has backing of MSTR and as long as that stock is performing well, their Bitcoin position will remain strong and liquidation will be far from them. The more they buy Bitcoin from the market, the low probability it becomes for Bitcoin price to comes down, $100k one day will be $10k of last few years.

Topic: MicroStrategy knows or not? (Read 701 times)