Topic: Microstrategy rug us again? (Read 645 times)

You are mixing institutional hedging strategies and speculative trading for retailers. Institutional investors, especially such as MicroStrategy, Circle, Tesla, GrayScale will never use short-term strategies with bitcoin, because they are not buying bitcoins for this purpose. Institutional use bitcoin to hedge risk, to store value. If they used short-term strategies to buy and sell bitcoin, you would never see bitcoin at 69,000 this year, because bitcoin would behave the same way as during the 2017 pump, when bitcoin was bought up by speculators.

Rug? I think this word is only used by the real scammers so I don't think rug is the right word to use on this scenario and I also don't think that it was their fault on why the price goes down but it can only be a coincident like you said. They are in fact helpful because they counter the dump that happen and if they didn't buy the price would have fall much deeper. MicroStrategy is our friend. They can be called as a whale because of their ability to buy and sell at a higher price but they are more on the buying side.

A true whale on the other hand are the ones that manipulates this market. They sell and buy to confuse everyone but often times they sell to create fear and panic.

Michael Sailor is a bit of shady and we should not be surprised.
It's how his business is done - by speculation.
Trade, sell, make profit.

It doesnt look like he will sell all BitCoin. BitCoin is at a very low price right now.

To imply that we have to blame Microstrategy for a possible downturn in the price of Bitcoin after the said organization announced they just bought a large sum of the said asset does not make sense...what it implies is that actually Microstrategy is not manipulation the price because no buyer of something would want the price of what he bought to go down immediately after. The fact is that the market is not reacting to Microstrategy all because we are already used for this finance firm buying BTC from time to time taking advantage of the dip...so this is not another a new news. In fact, we should be thanking Microstrategy for the continuing trust towards Bitcoin and for not selling yet their hoards.

Michael Saylor is Secretly Selling His Bitcoin and Doesn’t Want You To Know.
Check here:
https://cryptowhale.medium.com/michael-saylor-is-secretly-selling-his-bitcoin-and-doesnt-want-you-to-know-98b2f3f84320

I found this article, what do you think about this?

It's funny to blame institutions like Microstrategy. If the author knows the Bitcoin cycle then actually blaming it is not true. The Bitcoin market is running in the Bearish period.  Market saturation, investors waiting for each other and poor global economic conditions caused the price of bitcoin to fall. Of course, if you look at the current position is an opportunity for us to have bitcoin at a cheaper price. Luna's purchase as a reserve asset for stable coins also has no traction. While Microstrategy of course I think is a business strategy then I consider it reasonable. I honestly feel happy because the institutions of large companies are increasingly believing in Bitcoin. We are only told to be patient because many people are sure that a new ATH will come.

The fact that Microstrategy keep on accumulating it buys on bitcoin does not have anything to do with the current bearish, i don't understand why people work by assumption theories that are not real, the company is just opportuned to be among the bitcoin whales just as others, what i expect people to talk about is possibly on the next halfing coming up 2024 and the consequence of the last one on the economy, another thing to put into consideration is the bitcoin supply rate which is the functions of the hash rate across the globe, this are the possibilities to consider other than speculating on Microstrategy bitcoin purchasing power.

TBH, I just don't know why people are blaming these institutions for the downfall of the price of Bitcoin.
Yes they bought many Bitcoins but that doesn't mean that we will always blame them whenever prices fall.

I'm leaning more on a coincidence than blaming somebody especially huge constitutions in the price decline of Bitcoin. At least next time, don't blame companies whenever prices goes down and vice versa because they aren't the reason to it.

Honestly, speaking I dont understand your whole point why you accuse the Microstrategy announcement as the reason why the Bitcoin price sharply fell down based only on buying announcement for me that's crazy, and why the price would be affected if that announcement was positive because it's buying, for me it's not related and I think there are other reasons why the Bitcoin price fall sharply on that day and definitely not because of the buying announcement from Microstrategy. that's my opinion about it. 

I suppose it's just a coincidence, even when Kwon announced that he would hoard bitcoins, the price of bitcoin seemed to drop and everyone assumed it was a manipulation to hold a buyback position but I said  are not.  If bitcoin is in a position of lack of consolidation, FUD news could generate negative sentiment to push the price down.  The suspicions for Microstrategy are legitimate but to me it is lame and completely unproven.  There are more reasons for the price situation to become pressurized i guess

I want to believe that it's just a normal correction. We've seen the recent pump of the market and it has to be stopped because it's too rapid.
I know too that whenever the market goes on the dip, there's a likely that they've been silently accumulating as much as they can. It won't be a surprising news if there's another article that they've just bought the recent dip.

unless they are physically buying/selling to cause actual price changes. then they are not manipulating the price.

whats more of the case is lots of other investors trying to predict the market reaction to news.

in short. the paradigms of old wall street trading habits/practices dont exist o bitcoin economics and because of the randomness of traders these days its not possible to plan the intentions of traders.

yes silly wall street drone/idiots want to turn bitcoin economics into trend following boring wall street economics. but bitcoin is steps ahead of those silly old games.

yes in the wall street days they were like robots, all just following the trends like sheep causing pumps on hype announcement. but individuals these days like to counter those sentiments and be preparing for the opposite. which is why bitcoin is not like wall street trading of the silly 'trend' patterns

but here is the thing.
the initial thought is when someone says they are buying large lumps. the sentiment is that everyone gets excited/confident to buy. and so lots of investors buy because they think everyone else will also buy.
BUT
the secondary thought is that when an announcement occurs lots of investors think these 2 scenarios play out.
a. those that jumped at the hype jumped but didnt get the pump they were hoping for and the correction then led to them selling quick to get out quick.
b. a large announcement usually means the buy happened already long before so the pump period is already finished with so people dont buy in as they know the hype is over before it began.
thus people are preparing to sell at an announcement not buy.
BUT
the third thought is that people know there is just as much chance of a buy pump as there is a sell dump after an announcement. and so they just do nothing.

I don't think that in this case I'll call it price manipulation by MicroStrategy, it appears to confirm that there are many players of which MicroStrategy is just one. If your observations are accurate, it directly means that more people sold their BTC and the buy-in from MS is inadequate to cause an upward price movements.

Institutional investors will have a strategy when they make any decisions, i doubt whether they are long term investors, they might be having a portion of their asset for the long term but they will always play the short term strategy and when they plan on selling off the coins in the open market they can plan on placing a short call and that way they make double of what they invested and i believe this is how they are playing in the market rather than dragging the market all the way down.

they cant help themselves. leave a steak next to a hyenna. 100% of them guaranteeed will take the steak. the same is with hindus and paperwork fraud. the primal instinct for hindu is to steal without physical threat. they 100% without variation or exception commit fraud.

so has microstrategy committed fraud without physical threat? absolute 100% guaranteed

Perhaps artificially whales manipulate the price so that such as Microstrategy are purchased at a discount price. Maybe it's just a correction that coincided with the purchase of a whale, no one can predict the price of bitcoin, even in the short term.These guys will soon buy all the bitcoins)

That seems to be a little too much of a blanket statement to possibly be true, but I get your point.

every company on earth with hindu/indian executives commits fraud

Peter Schiff is on Twitter accusing Michael Saylor of using his company's purchases to inflate the Bitcoin price so he can sell his personal stash at massive gains and buy back again lower to rinse and repeat.

https://twitter.com/PeterSchiff/status/1518014645960904704

This is extremely concerning if true, but not surprising at all.  This is the sort of manipulation that Wall Street has been doing for generations.  Michael Saylor is no different.  With Bitcoin he saw a chance to enrich himself and he jumped at it.  Now we all get to watch as he plays games with Bitcoin to get himself an insane amount of wealth and the Bitcoin community cheers him on as they're used as puppets in his shell game.  Gotta love it.  In it for the technology right?

the cofounder of microstrategy is Sanju K. Bansal  indian/hindu. of course they commit fraud