Post
Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
0t3p0t
on 31/12/2023, 05:02:37 UTC
Nice U-turn, Micheal:


https://twitter.com/michael_saylor/status/413478389329428480



https://twitter.com/michael_saylor/status/1293141856700768257

From declaring Bitcoin a doomed asset to embracing it buying the 0.1% or the total supply. Better than being stubbornly wrong.





Do you really think if micro strategy would have made this statement about bitcoin? if he knew that bitcoin will still grow to the extent it did. I think Michael j saylor made a big mistake by saying bitcoin days are numbered because after he made that statement Bitcoin still didn't give up just like he expected, instead it grew above all odds. that is to say that Bitcoin is a coin never to underestimate and looked down on. Because after he made this statement he still continue to buy bitcoin again.
Manipulation is common most specially whales so let us just expect them to say something that creates fud so they can accumulate more and more Bitcoins. We all know that crypto is whales favorite playground they sometimes play the role of making markets turns green and red. They trusted Bitcoin and it's technology other than centralized investments that is quiet slow and stable compared to Bitcoin.