Post
Topic
Board Bitcoin Discussion
Re: Michael Saylor Keeps Buying Bitcoin
by
PrivacyG
on 16/05/2025, 03:24:56 UTC
The guy owns over 2 percent of the total Bitcoin supply.  I really wonder how the people will act once he decides it is the perfect time to finally sell for a profit.

People seem to forget this is still a BUSINESS idea.  He is not doing this to become the Jesus of Bitcoin, nor is he trying to save any of us from poverty.  He found an excellent opportunity for his business mind and he is taking the chance.

The day he sells, he may sell 1 Bitcoin, 100 or 100,000 in a chunky batch of transactions.  Theoretically, he will not be stupid to sell THAT much only one time.  It would crash the market and ultimately be in his own DISadvantage, he would sell his Bitcoin for cheaper than he could.

But still, I do not think a lot of these people who cheer for his purchases are ready for the day he plays the reverse card on us all.  Pray he will not do it while also savagely drowning the markets for months.