Quote from: flyingcarpet on Today at 06:38:49 AM

Institutions and companies that purchase Bitcoin have a significant impact on increasing the price of Bitcoin and diversifying their investors. While talking about the positive aspects of such investors, we should also be aware of the negative situation that will arise in case of sale.

This is becoming scary already. Don't you think that it would have sound more safe if there are top companies or individuals who also have large amount of Bitcoin as Microstrategy ?.

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Don't worry too much, even if he's got 1% of the total supply, he's definitely not the type to dump all of that to get profit and I don't think that he alone can't do it anyway right? There's a board of directors or stakeholders that are going to approve on what's the next move MicroStrategy is going to do so we don't have to worry too much.

I guess we must have said the same thing for Elon musk before he sold his Bitcoin. We can't really trust anyone since they can't held accountable for selling their Bitcoin.

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What I fear is the rate at which they buy bitcoin and take all the bitcoins from weak hands and a time will come when the bitcoin community will be weak, all the power will be shifted to the institutional investors because they are holding large junks of bitcoin. Now imagine the total circulation, if 60% is been held by this group of people, are we going to have a say on how decentralized the Bitcoin network will be, I don't think so because by then, they will want to be in control of their investment and not with some boys that claim tech guru.

From your point here, I think we might even start to experience Bitcoin scarcity before the mining process comes to an end. When majority of the Bitcoin keeps going to certain hands, then there is something to be scared of.

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Tesla also sold their Bitcoin holdings, and it didn't have that much effect at all on the crypto market. What do you expect? They will hold it forever? Only a stupid investor will think that way LOL. Those who are saying that they will hold Bitcoin forever are stupid because they will at some point sell their holdings and so does Microstrategy.

No one is actually stating that they will hold forever. And besides, you can't compare Tesla's accumulation to what Microstrategy has done over the years. Only a speculation about microstrategy selling their Bitcoin can impact negatively on the market.

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Microstrategy is a software and cloud-based company in US and all the Bitcoin you are around is owned by the company and not Micheal. According to some latest report, Micheal Saylor in person has about 17,732 and Microstrategy as a company has a total of 189,150 as last reported, I'm not sure if Micheal acquisition of personal Bitcoin has increased but he doesn't own all the Bitcoin. However, he owned about 24.2% share of the company which makes him the biggest shareholder and that is why he is representing the company and always agitate for bitcoin adoption.

Well, this shouldn't be a debate at all. Micheal saylor happens to be the co-founder of Microstrategy, so every purchased made is describe as Microstrategy's property. Addressing as Michael saylor's purchase isn't a bad idea either, but note that it belongs to the body that makes up microstrategy.