Post
Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
laredo7mm
on 24/08/2021, 18:49:04 UTC
To be honest I do not like that someone holding so much BTC that they can create panic in the BTC market so easily. This is not good for crypto in the long term. I am just thinking about how much the market will be affected by a "profit booking" tweet from Michele saylor. Some individuals will hold so much power we could see misuse of it very often in the future.