Microstrategy rug us again? - page 3.

mk4

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Quote from: titular on April 05, 2022, 09:48:47 PM

I think MS has proven that they are making these bitcoin purchases with the intent to hold. MS has not sold any bitcoin since their initial accumulation.

So to put their company name and 'rug pull' in the same post isn't really backed by anything.

Not to mention that we should probably stop using the 'rug pull' term for literally almost everything. Price drops? Rug! Development delay? Rug! An exploit happened? Rug! Like what the hell lol.

Ale88

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Quote from: Wapfika on April 05, 2022, 09:26:50 AM

Bitcoin sharply drop after Microstrategy announced they purchased a total of 4167BTC. The price is building a bullish momentum when the price drop coincidentally after the announcement. This is not the first time happened that involves whale company announce positive new while price moves in opposite way.

Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

Probably it's just a coincidence but I noticed as well that it's not the first time that Saylor says he bought a ton of bitcoins and, after a few hours, the prices has a correction. I can't explain why and I don't think there is any kind of manipulation, maybe it's just bad luck...

mildmanneredsuffering

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Quote from: titular on April 05, 2022, 09:48:47 PM

I think MS has proven that they are making these bitcoin purchases with the intent to hold. MS has not sold any bitcoin since their initial accumulation.

So to put their company name and 'rug pull' in the same post isn't really backed by anything.

they are probably selling futures against them to make yield. thats if they even have what they claim. no way you could buy billions of bitcoin, with at most 3 coins total for sale at any ask price, without adding massive increase in ath.

im getting real sick of all these assholes claiming they made billions while btc crashes all year and the economy goes to hell and inflation raged. saylor is a fucking piece of shit telling people to sell their houses to fund his bags of this fucking piece of shit bitcoin

FairUser

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Quote from: Wapfika on April 05, 2022, 09:26:50 AM

Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

Is it just that you are being overly suspicious? I feel it is also one of the normal news, when we are standing in a different position looking at the big investors. It is really just a matter of doubt. I'm still basically seeing this journey to being the most money this organization is building. It's similar to my current thinking with this market buy more if you can.

titular

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"Stop using proprietary software."

I think MS has proven that they are making these bitcoin purchases with the intent to hold. MS has not sold any bitcoin since their initial accumulation.

So to put their company name and 'rug pull' in the same post isn't really backed by anything.

Poker Player

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Quote from: Wapfika on April 05, 2022, 09:26:50 AM

Bitcoin sharply drop after Microstrategy announced they purchased a total of 4167BTC. The price is building a bullish momentum when the price drop coincidentally after the announcement. This is not the first time happened that involves whale company announce positive new while price moves in opposite way.

Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

Hey man! You need to revise your way of reasoning. As already explained to you:

Quote from: jackg on April 05, 2022, 09:30:09 AM

If it only happened once then it might have been a coincidence.

Quote from: mk4 on April 05, 2022, 09:39:03 AM

Think about it. Would it make sense for them to want the price to drop, literally just after pouring 200 million dollars? Wouldn't it make more sense for them to want the price to drop before their purchase?

Something something correlation is not causation.

That Microstrategy buys Bitcoin to shoot itself in the foot and drive the price down after buying is the most outlandish theory I've heard in a while. You have to think beyond: "one thing has happened after another several times, therefore one thing causes the other."

mildmanneredsuffering

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Quote from: Darker45 on April 05, 2022, 09:03:14 PM

The price of Bitcoin has been playing within $44,000 and $48,000 for the past week so any sharp rise and fall within this area is not really surprising and might not be something that is brought by a manipulative whale. But, you know, the price has always been affected by large day or short-term traders who must be making the most of any significant rumors and news. So the rumor that MicroStrategy will be buying once again must have led them to make orders. The same goes when the news of the actual buying hit the media pages.

rumor was terra luna was buying 10 billion in btc. I think people who use the word billions in conjunction with buying bitcoin are full of shit. What volume? Who did you buy it from. ALl I see is less than 1 coin available at most times, so I think most of these nigs are full of shit

Darker45

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The price of Bitcoin has been playing within $44,000 and $48,000 for the past week so any sharp rise and fall within this area is not really surprising and might not be something that is brought by a manipulative whale. But, you know, the price has always been affected by large day or short-term traders who must be making the most of any significant rumors and news. So the rumor that MicroStrategy will be buying once again must have led them to make orders. The same goes when the news of the actual buying hit the media pages.

mildmanneredsuffering

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It would be great if one of those bitcoin billionaire promoters who lost so many people money over th last year was killed aat the conference, matbe a whole bunch of them. I can only dream

TravelMug

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Quote from: Wapfika on April 05, 2022, 09:26:50 AM

Bitcoin sharply drop after Microstrategy announced they purchased a total of 4167BTC. The price is building a bullish momentum when the price drop coincidentally after the announcement. This is not the first time happened that involves whale company announce positive new while price moves in opposite way.

Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

Not sure, but this could just be a coincidence?

Maybe there is some people trying to manipulate but it doesn't make sense for Microstrategy to play the market since they have a huge investment already. So as a investors, you wouldn't want to have the price goes down after you purchased BTC. But there is a possibility that someone might be taking advantage of the announcement and trying to make a profit out of it.

henyo26

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I believed in plain simple strategy that earns small but super consistent and reliable.

hatshepsut93

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For Microstrategy to rug us, they would need to convince us to buy more Bitcoin, and then they would sell. But even that is not "rug" in a classic meaning of this word, because Bitcoin is a legit asset and not a project created for pump and dump. I fail to see how Microstrategy is manipulating the market if they only buy and never sell. Unless you have a proof that they sell on some OTC platforms or in other shady ways.

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

Must very spike or drop in the price of Bitcoin be linked to some whale buying or another rich guy shitting in a toilet?

People who know markets also know that there is always an uptrend and a downtrend. A price of an asset can't just keep rising and rising minus any correction or else it starts to look like a Ponzi scheme (well, even Ponzi schemes collapse... eventually - Read Bitconnect)

sheenshane

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Quote from: Yogee on April 05, 2022, 05:17:16 PM

Quote from: Wapfika on April 05, 2022, 09:26:50 AM

.... Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

It's more like selling on the news which is a normal market reaction. There are still uncertainties with the Russia-Ukraine conflict that's affecting the global market so expect more people to quickly take profit when there's an opportunity even if it's just 10% or less.

One of those reasons or factors on Bitcoin sharply declined or, just a coincidence.
The market behavior was always like this and besides, we're still lucky because the market pumped for about 4 days and then the correction has occurred, together with the news of Microstrategy which also contribute to dragging down the price too much. But now, look at the market, it seems it will resist and the price will increase again.

Whatever reason, don't look at the market by hours or by day, it makes you frustrated and results in panic selling, just aim for long-term holding while at the same time making a profit.

TimeTeller

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Quote from: Yogee on April 05, 2022, 05:17:16 PM

Quote from: Wapfika on April 05, 2022, 09:26:50 AM

.... Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

It's more like selling on the news which is a normal market reaction. There are still uncertainties with the Russia-Ukraine conflict that's affecting the global market so expect more people to quickly take profit when there's an opportunity even if it's just 10% or less.

Good scalping strategy these days will give you good profit.
But one should know that one wrong move and all those accumulated profits can be wiped out.
We don't know who or what is contributing to this up-and-down movement.
We can't attribute this trend from one institutional investor only because we also have no idea about their strategy.
Just keep your eyes open if you are heavily invested in this market. There are too many factors that are contributing to this market.

Yogee

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Quote from: Wapfika on April 05, 2022, 09:26:50 AM

.... Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

It's more like selling on the news which is a normal market reaction. There are still uncertainties with the Russia-Ukraine conflict that's affecting the global market so expect more people to quickly take profit when there's an opportunity even if it's just 10% or less.

franky1

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when people are looking at the hourly, daily or weekly charts.. PLEASE stop getting emotional

also when looking at these temporary events of hourly movement stop trying to pretend you know economics by using terms like 'bull' or 'bear'

true bull and bear runs, last for quarterly-multiple years..
bulls and bears are not terms used for hourly/daily movements

if you cant say dip/spike, hype/correction or up/down when referring to the temporary stuff. then you will grow a migraine trying to fend off all your animals in your head you think are running at you hourly

if you are wishing to stick with animal references. call the temporary dips/spikes something like calves/cubs (small bulls/bears)

avikz

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Quote from: Wapfika on April 05, 2022, 09:26:50 AM

Bitcoin sharply drop after Microstrategy announced they purchased a total of 4167BTC. The price is building a bullish momentum when the price drop coincidentally after the announcement. This is not the first time happened that involves whale company announce positive new while price moves in opposite way.

Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

It could very well be a coincidence. Also when Microstrategy announces their bitcoin purchase, it's not the same time they have purchased it. The purchase could have taken place much earlier than the announcement. So I don't see any other reason other than coincidence.

Also it is negative that a single company is buying so much of bitcoins. It's not good because they will have a great power over the price will be able to drive it according to their requirement. That's not good!

rhomelmabini

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No God or Kings, only BITCOIN.

I'd say it was coincidentally and the price drop was just a reaction from a very volatile asset. I don't know if there is manipulation from Microstrategy at all in this scenario if they did then they should have waited to get that drop before buying thousand bitcoins. Have you compare the past buys of MS and the market reaction? If it indeed the same then it might not be a coincidence.

Silberman

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Quote from: Wapfika on April 05, 2022, 09:26:50 AM

Bitcoin sharply drop after Microstrategy announced they purchased a total of 4167BTC. The price is building a bullish momentum when the price drop coincidentally after the announcement. This is not the first time happened that involves whale company announce positive new while price moves in opposite way.

Does this institutional investors manipulating the price or traders is just using there news as a negative signal?

If there is a whale manipulating the market and forcing it to go down after MicroStrategy makes a purchase then you know it cannot be MicroStrategy, after all it does not make sense for them to buy bitcoin if they knew they will make the price to go down after it, it would be a better strategy for them to wait until they manipulated the market and then buy, so I think that you are just looking too much into it and this just a coincidence and nothing more.

Topic: Microstrategy rug us again? - page 3. (Read 646 times)