Post
Topic
Board Bitcoin Discussion
Re: Microstrategy Acquires 14,620 Bitcoin, Don't get carried away.
by
CODE200
on 28/12/2023, 06:41:12 UTC
I don't think that slowing down is what Michael Saylor has on his mind, but he's definitely going to influence the market given the notoriety that he's getting when he's on the news or whenever he does something that's related to bitcoin or crypto, I think we can't help it when people overreact or when they don't know what to do. I guess we just have to hope that we have bought enough bitcoin so we don't worry too much whatever happens to the market, that's the only thing that we can do.
I do the same, but I'm not Michael Saylor, I still can't gather even 1 full coin. I understand why some people are excited, but it kinda worries me that 1 man has almost 1% of the total supply. I don't see it as something good.
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.