Quote from: kotajikikox on Today at 07:12:12 AM

Quote from: NotATether on November 28, 2024, 01:32:45 PM

Not by no-coiners or people who missed buying the dip, but actual HODLers like us.

Even though Michael Saylor is buying as much bitcoin as he can, some people don't seem to like him at all, and it shows for example on Telegram channels and sometimes X/Twitter.

Don't we hate the people we are jealous of? Wink

But seriously though a lot of us praise Michael Saylor and Microstrategy because they were able to acquire Bitcoin at a cheap price and even before most of people got to Bitcoin. But I am guessing people do not like the concept of any individual or entity holding a lot of Bitcoin and potentially having the chance to control the market. They are thinking that the money Microstrategy is holding is not circulating which could be bad for the overall market. They want the coins circulating and not just being held. This is what I am assuming anyway. If they have a different reason, I would love to hear it.

The biggest thing I've heard by far is the thing you said - not even being jealous, but skeptical about the idea of a big whale and his entity holding so much, whereas it can be seen from either good or bad side depending on the overall situation on the market and how others whales like Saylor feel about BTC currently.
As it was said, such people and entities always have plan B if plan A doesn't work as intended.