Post
Topic
Board Bitcoin Discussion
Re: Bitcoin bull, Strategy bags 4,020 btc as price breaks $110k
by
Zlantann
on 10/06/2025, 13:47:23 UTC
I won't describe ETH as a shitcoin. You may have your reason for doing so, and I don't want to get into that argument with you (or anyone else on that.) whether you shouldn't tag it so or not. However, for content we can easily point how ETH has immensely enriched this industry by allowing other projects come onboard through its ecosystem. Talking about price, will you be surprised if ETH does $10,000 in the nearest future? I mean, this was a coin I saw at less than $100 in 2017 or so and it has a recorded ATH of almost $5,000 in 2021 and we still say it's dumping?

There is a saying that "variety is the spice of life". ETH opened the door for other altcoins but most of them caused more harm than good. They gave the crypto space a bad reputation because of their high tendency to scam people.

Anytime microstrategy buys Bitcoin it always becomes a news and it is now getting boring, what this will mean is that microstrategy will keep on taking the major relevance in the Crypto-currency market, it's good right now because it is creating a buzzing for the market, but have you wondered what will happen if they started selling their Bitcoin.
What I do when I hear that this guys bought more Bitcoin is to think that it is good for them and focus on my business which is to try as much as possible to accumulate Bitcoin for myself too.

It's not a bad idea to celebrate or talk about a company that has shown so much bravery in investing in Bitcoin.  Many big companies have started copying MicroStrategy's Bitcoin investment strategy.  If the company starts selling their holdings, the price of Bitcoin will drop slightly, and the market will stabilise again after some time. It will also be an opportunity to buy discounted Bitcoin.