Quote from: Amphenomenon on November 28, 2024, 03:11:48 PM

I think HODLers are paranoid of the day, Microstrategy may choose to sell high numbers of their bitcoins and even have a sense of censorship of the market based on how they are accumulating more bitcoins. But I think there are little to no worries in the long run for this based on this thread, When will Michael Saylor and MicroStrategy sell BTC?

I get to an extent why people don't like MicroStrategy. They think it is like FTX. They are also concerned that they are buying a lot of bitcoin that their intentions may not be pure. Like they will soon one day be confiscated by the US government and their bitcoin reserve which would then have a negative impact the adoption of bitcoin globally because by that time and with the rate at which they are buying bitcoin, they would have own more than half of the bitcoin in existence which will kind of make it easier to manipulate its price causing alot of panic among those who hold bitcoin. This is just what I am understanding from the who villification from people in the community.