MicroStrategy knows or not? - page 4.

Zlantann

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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

I don't think Michael Saylor has any hidden information that is motivating him to keep on buying Bitcoin regardless of the price. He just has the conviction that Bitcoin is the best investment for him. He believe that the price will keep appreciating more than the cost he is paying to purchase .Some people are fascinated about gold or real estate and they keep acquiring it no matter how high the price goes.

Based on my observation I don't think Microstrategy has any current plan to stop acquiring more Bitcoin. Maybe they will stop when Saylor changes his ideology about Bitcoin or if he dies.

Since most of Microstrategy purchase is in public domain, I think their main purpose for investing is profit. Bitcoin is also becoming a symbol of economic power since we are gradually entering a phase were the it will be used as a reserve currency.

Findingnemo

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Bitcoin = Financial freedom

Obviously they realised Bitcoin is the future and the nature of scarce is what make the giant to accumulate as much as they can while it cheaper. People may ask 100K is not really cheap but what will happen in the next few years like a decade later if it hits 1 million then obviously 100K is nothing of that value.

One side they are propogating Bitcoin is ponzi and the bubble will burst but on the other hand it's being accumulated by rich so wakeup can for the remaining 90% to get as soon as they can before it becomes really scarce.

Nwada001

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Quote from: avikz on November 27, 2024, 12:49:21 PM

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

Not impossible! Billionaires are privileged to have access to the knowledge is that are kept out of our reach. So I won't be surprised if we suddenly found out that Michael saylor knows some secrets. At least it is not impossible!

Not impossible I agree too, but I don't think there is still any information that is hidden from the ordinary about bitcoin that is out there that only the rich will have access to, aside from getting some financial advice from top analysts that will predict what they could make from it if they invest a certain amount in it over a given period of time. Such kind of information is open to all, but not everyone has the mind to take the risk of investing heavily in it even with the money being available.

avikz

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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

Not impossible! Billionaires are privileged to have access to the knowledge is that are kept out of our reach. So I won't be surprised if we suddenly found out that Michael saylor knows some secrets. At least it is not impossible!

However I personally feel that Microstrategy is just bullish on Bitcoin. A lot of companies can hold assets in various sectors. While majority of them do not go out of the conventional assets, some tend to do experiments and diversify into unconventional assets. I think that's what Microstrategy has done.

aoluain

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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

Do they know something we don't and are buying aggressively?
- No, they have put revolutionary economic and finance mechanisms in place to be able to
buy as much as possible before its too late because of the increase in demand, decrease
in supply and fixed amount.

To what point will they continue this strategy and what do they expect to gain?
- probably never stop buying, the gain could be to create a Trillion-Dollar Bitcoin Bank

besides the obvious?
- I'm taking it that you believe that at some point in the future they will press the sell button
and clear their wallets before anyone else. If they do it will be for the betterment of the rest
of us because Bitcoins performance, security, utility and applications will remain.
As he has stated "Buy the property and hold it for a long time" the same as when the US
bought Alaska from the Russians for $7,200,000 - it was a steal!

Poker Player

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No, Saylor doesn't know anything we all don't know, he knows what we all know, and he never tires of repeating it. What happens is that he puts his money where his mouth is and has devised a treasury system by which he is making a move similar to that of central banks: we can say metaphorically that he is printing money to buy bitcoin.

If you want to know more, we usually debate about it in the thread:

MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

mindrust

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Tesla and MicroStrategy are the early institutional adopters. Exchanges like Coinbase, Binance, Bitfinex are also early adopters but these are exchanges. MS on the other hand wasn't a crypto company originally but they show more interest in btc than any other company so far and that's a good thing. Imagine where would the price go if 5 more companies like MS had interest in bitcoin... $1 million/btc would be a conservative price estimate and you know what, I think we are headed that direction.

In a couple months Trump will take command and soon other companies will join the party. Then... m^{o^oⁿ}

Ever-young

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Get $2100 deposit bonuses & 60 FS

Saylor sees something in bitcoin that few do not see or saw but didn’t understand; he takes the volatility feature of bitcoin to be an interesting thing, as many see it as a disadvantage; he sees it as an opportunity. The supply of bitcoin is too small for the entire world population.

Profit is one of the big reasons why any company will start investing in Bitcoin, and they see Bitcoin as being underrated and undervalued with its current price, so I consider it as them taking the opportunity to tap from the not much tapped honeypot.

philipma1957

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'The right to privacy matters'

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

They are hoping that we go well over 100k.

I suspect that he believes USA will make some very good laws for BTC next year.

simple math 400,000 x 50,000 = 20,000,000,000 close to his cost.

400,000 x 100,000 = 40 billion
400,000 x 150,000 = 60 billion
.
.
.

400,000 x 1,000,000 = 400,000 billion not impossible anymore.

_act_

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Lightning network is good with small amount of BTC

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.

bias

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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

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