I would like to know your opinion on this issue:
- What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
It never enters my mind until these threads come up. Yea there is a probability of a sell off
at some stage. It would go against everything he preaches and there is a chance that the
majority of his co investors are on the same page as him so they have a loooooong outlook.
- If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
It depends on the amount of Bitcoin being sold, there would be an affect but in the
end Bitcoin is bigger than any one entity.
- Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?
No because as above Bitcoin is greater than any one entity and I'm not a trader
so events whatever they are wont affect me in the long term [/list]