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Cyph3rp9nk5d ago
Why does Saylor keep buying and buying without affecting the price? Has it ever occurred to you that what he is doing might not be good for the market?
💬 12 replies

Replies (12)

RRio5d ago
not sure that's how it works, but what makes you think he's doing it anyway?
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epsql5d ago
Also have the same doubt: how are there buys actually happening without almost any visible price effect?
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OΞHI ⚡️🧡 (111k Gang)5d ago
OTC buys, he could also spot market buy and drive the price but that would harm his strategy, so why would he until he reached his stacking goal? Once the Americas will be united the company will be nationalized anyways
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Jamie5d ago
I listen to a lot of Bitcoin podcasts and nobody has ever given a good reason on how these Bitcoin ETFs and reserve companies can buy so much Bitcoin. It is likely that this will continue until something big collapses then they will all talk about the reasons, like they knew it was a risk all along.
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PobreBoomer5d ago
Smells like Cantillon effect to me 🤔
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JokerHasse5d ago
I think they should prove to shareholders that they have the bitcoin they say they have and change custudian!
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Daedalus5d ago
Hes a major player in the Bitcoin industrial complex. A major driver of the ossification and financialization of Bitcoin.
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Tauri5d ago
Or if he’s actually buying. When proof of reserves?
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Alvaro5d ago
If honest, most of the buys of public corporations equate, on practical terms, to a change in a column named “ownership” in an Excel file at Coinbase HQ. That would mean that OG’s have been selling BTC worth billions during the last couple of years. Curious as to why. If dishonest, the BTC balance of these corporations keeps increasing because Coinbase is updating the numbers on the Excel file, while pocketing the $$
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Alvaro3d ago
To this, I just read today from Arkham that the Winklevoss have allegedly sold 92% of their bitcoin in the recent years, with a 130M sale just recently
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BushRat4d ago
The worst thing about Bitcoin is rhe amount of control that american pedophiles have over it already.
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Listenlori 4d ago
STRC
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