Post
Topic
Board Bitcoin Discussion
Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
by
HardFacts
on 30/06/2022, 15:38:33 UTC

To contrary what you expected MicroStrategy has invested another $10 million to acquire additional 480 bitcoins to their reserves

Michael Saylor's latest tweet[/url], MicroStrategy keeps DCA-ing like everything is normal Cheesy
They've just bought (yesterday) 480BTC so their total is around 129,699BTC and the average price is ~30,664$


VERY GOOD EXAMPLE  Grin

1.  Michael Saylor LIED about his Bitcoin gains multiple times on TV.  Michael Saylor Quoted his first major purchase price and called Bitcoin his best investment instead of admitting the investment was a 30 % LOSS, over 1 BILLOIN DOLLARS at the time.   Who needs to LIE to investors and the public to pump up his investment Huh 

2.  MicroStrategy is NOT, NOT major institutional money.  They are a small fish in a very big sea.    The fact that you think MicroStrategy is " intuitional money " shows complete macro economic ignorance on your part.

3.  Micro Strategy borrowed to purchase its bitcoin, and will have a MARGIN CALL soon, and be forced to sell its Bitcoin at a huge loss.

IMPORTANT PREDICTION:   You and many others here will not let reality get in the way.  When MicroStrategy is bankrupt, you will be full of apologetic excuses.  Cheesy Cheesy Cheesy