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/biz/ - Business & Finance

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File: 19 KB, 400x400, chadsaylor.jpg [View same] [iqdb] [saucenao] [google]
24668471 No.24668471 [Reply] [Original]

This guy will be putting in a $400M buy wall next week. Square and PayPal are continuing to buy like crazy. GBTC will be getting inflows from Guggenheim

>> No.24668509

Did he actually say when he was gonna buy?

>> No.24668525

Maybe because 18 million worth of Bitcoin are mined everyday you fucking idiot. 400 mil doesn’t mean shit when 6.5 billion usd worth I’d mined every year. Do you honestly believe there is 6.5 billion entering the market every year!!! NEWS FLASH IT ISNT

>> No.24668531

this dude was convicted of pump and dumping microstrategy back in 2000s lol

>> No.24668561

>>24668471

Because it this guy is a retarded degen.

First, this is the double top. He bought the top.

Second, this kind of gains cannot be attained by just buy and hodl.

>> No.24668564

>>24668531
>this dude was convicted of pump and dumping microstrategy back in 2000s lol
All I can find is something about inaccurate financial reporting. Sounds totally different than what you are saying

>> No.24668567

Why did he buy in so fucking late he had 3 years

>> No.24668585

>>24668564
inaccurate financial reporting? stop coping kid, they lied about profits to pump his stock lmao

>> No.24668599

>>24668567
he's buying with his fund (other people's money)
who do you think is the seller? anonymous OTC trade (his personal wallet)
this is him cashing out at the top. now he just has to sit on his fund for a few years and be "whoops, that didn't work out, sorry guys", then go be a billionaire somewhere else or run a new scam if that's how he gets his kicks

>> No.24668608

>>24668471
I read somewhere that he already cashed out 50 mil with this shit, so who cares if it dumps

>> No.24668651

>>24668471
>This guy will be putting in a $400M buy wall next week.
>Square and PayPal are continuing to buy like crazy.
>GBTC will be getting inflows from Guggenheim

OP trusts mainstream media. LOL. have fun staying poor fren

>> No.24668680
File: 35 KB, 500x485, punishedsaylor.jpg [View same] [iqdb] [saucenao] [google]
24668680

Imagine listening to broke ass bobos against a billionaire like punished saylor.

>> No.24668695

>>24668471
>My beard makes me look respectable

>> No.24668720

Nice try opie

>> No.24668787

>>24668651
Not mainstream news, literally just go look at sec filings

>> No.24668807

>>24668525
Square and PayPal are buying up over 100% of new supply. GBTC is expanding like crazy. More bitcoin is being taken off market each day

>> No.24668812

What does it mean when BTC is dropping in price but BTC dominance is rising?

>> No.24668820

>>24668807
it's literally dumping right now

>> No.24668824

>>24668812
Alts stand on the back of a giant and that giant is being slain

>> No.24668840

>>24668471
He's not gonna raise $400M in bonds AND use the money to buy next week, retard

>> No.24668847

>>24668509
Not sure but the notes will mature on def 15th, 2025 so assuming that they will fund on dec15th so give it a few days before we see the actual mstr purchase

>> No.24668848

>>24668471
>he didn't sell at 19k
Holy kek. Enjoy your bags of this shitcoin

>> No.24668859

>>24668824
And that giant is making you suck his treetrunk cock

>> No.24668932

>>24668840
see
>>24668840
of course its not going to create a buy wall today but im surprised that people are shorting assuming that there is a $400MM buy wall in 1-2 weeks

>> No.24668953

>>24668824
The price of alts marketed as BTC killers at times correlate inversely with BTC but this is not one of those times. The more a token is shilled as a BTC replacement the worse it's doing right now. When there's enthusiasm about ETH it leads pumps but that's not what's happening now. This is a shitcoin purge dragging BTC down with them.

>> No.24668999

>>24668932
I don't even see that buy wall coming into the new year to be desu, my friend
Do you have any sources saying they're literally gonna sell all those bonds and settle it all to put on the market in 2 weeks?

>> No.24669096

>>24668999
https://www.microstrategy.com/en/company/company-videos/microstrategy-announces-proposed-private-offering

Even if we have to wait til the new year so be it. The only information we can go off of is that they intend to invest in BTC after identifying short term capital needs so likely won't be a full $400MM buy.

>> No.24669137

>>24669096
Yeah, that's fine
No one is short BTC except retards long term, 2021 in particular, but pullbacks are always possible as we have now
I can speak on behalf of 99.5% of non/smg/ bitcoin bears on this board in saying we're just short term bearish looking for healthy dumps

>> No.24669310

>>24668820
You dont get it, ignore the price today. Massive companies are goung directly to Miners and buying it directly from them. This is literally happening. There is more being bought right now, than there are coins produced. Ignore the price and buy as much as you can, as often as you can. You WILL thank yourself

>> No.24669327

>>24669310
Is there any way to see this buying activity on chain or someway?

>> No.24669340

>>24668471
Would you rather buy $400m worth @ $20k/BTC or cheaper?

If I already had a large holding you bet your ass I'd want panic selling just before I buy

>> No.24669459

Mt Gox coins are hitting the market this or next week. We are talking about 150,000 BTC.
So short term looks shit. Long term OBVIOUSLY above 50k.

>> No.24669486

>>24668525
The dollar is inflating faster than BTC

>> No.24669519
File: 83 KB, 1000x1000, dump1231312.jpg [View same] [iqdb] [saucenao] [google]
24669519

>>24668471
>This guy will be putting in a $400M buy wall next week. Square and PayPal are continuing to buy like crazy. GBTC will be getting inflows from Guggenheim

>> No.24669554

>>24668471
This is dump and pump. Institutions are buying up more every week than new supply coming online. And they know they'll be buying next quarter and the quarter after that, etc.

So if a dip were to come along and they add more BTC now at lower prices, that's better for them than pushing the bid up day after day parabolic style and moving the price up into a range where the huge positions they have established would be at more risk with higher average cost.

>> No.24669575

>>24669327
Cutting out even the OTC middleman, probably not. Even if the big companies are using OTC services to buy up btc, i dont really know how. Just keep buying it and hold long term.

>> No.24669588

>>24669554
Institutions already sold at the 19k range, idiot.

150k bitcoins about to flood the market on Dec. 15.

RIP to all those that hold

>> No.24669603

Because in it's 10 year existence there hasn't been one single relevant real world use case for it.
Same goes for every other shit coin

>> No.24669605

>>24669588
lol

>> No.24669618

>>24669459
They announce the plan on the 15th, then it needs to be court approved. Nothing is dumping until at least late next week, and we'll have warning

>> No.24669645

Remember about 150k btc from mt.gox that will be dumped soon

>> No.24669650

>>24669459
>nothing is dumping

>> No.24669669

>>24668651
Don't buy BTC please, thanks

>> No.24669727

>>24668471
thats why we're only dipping 10-15% each time instead of 30%+

>> No.24669790

>>24669588
>Institutions already sold at the 19k range, idiot.
You mean 15 hours ago? Yep, they did. And they will continue to sell until the price hits their buyback targets. Call me an idiot if you like, but I've got 1.3 million in cash on the sidelines waiting for the confirmed bottom.

>> No.24669877

>>24669790
how do you confirm it mr larp

>> No.24669900

>>24669877
Upside volume. Not larping. Crypto-retired for 3 years come January 15th. Bought my first BTC in 2013.

>> No.24669915

>>24668807
Unironically this

>> No.24669966

>>24669900
ill bite because of your dubs
in what range do you expect the bottom?

>> No.24670013

>>24669966
>in what range do you expect the bottom?
16.5 but I'm hoping for 13. That should be enough headroom for Greyscale and the other insti-whales to fill their tanks for the run over the next quarter.

>> No.24670280

>>24668471
MicroStrategy into ETH and starts staking when? $200 million ETH would easily produce $20 to $40 million staking income per year.

>> No.24670303

>>24670013
if it goes to 13k ill be able to almost double my stack, im not too hopeful but we’ll see

>> No.24670325

>>24668471
He's only buying so he can eek out better positions in LINK and DIA. Cap this.

>> No.24670377

>>24670303
>if it goes to 13k ill be able to almost double my stack, im not too hopeful but we’ll see
As long as you're back inb4 19k, don't sweat it. The next run will be like nothing crypto has seen before. Competing institutions + PayPal for retail FOMO will be epic.

>> No.24670556

>>24670377
The question is always what alts to invest in besides your main stack, alts always have and always will have the potential to x100.

>> No.24670636

>>24670556
...linkies too?

>> No.24670655

>>24670556
none honestly
they are all bleeding heavily vs BTC
let some of them moon first then start buying in, otherwise you are buying a downtrend

>> No.24670686

>>24670556
$UOS

>> No.24670797

>>24668525
you fucking idiot newfag BTC supply is finite and your transaction fees pay for miners

>> No.24670836

>>24670556
alts are speculative, btc is a sure bet
if you want higher risk reward, why not just leverage long btc?

>> No.24670852

>>24668807
when i'm reading shit like that, i realize that this is the end for BTC.

>> No.24671841

>>24670280
if you watch any video of Saylor he publicly said anything other than Bitcoin is a shitcoin.

>> No.24671855

>>24670852
Join Monero chads

>> No.24671930
File: 62 KB, 638x1000, 1133434532766.jpg [View same] [iqdb] [saucenao] [google]
24671930

>>24670852

>> No.24672922
File: 6 KB, 241x209, 1604524603141.png [View same] [iqdb] [saucenao] [google]
24672922

>>24668471
this dumb fuck is actually buying the top

>> No.24672957
File: 76 KB, 657x539, 186EF22B-A729-4B82-A6F1-96117BD7A858.png [View same] [iqdb] [saucenao] [google]
24672957

>>24668525

>> No.24672959

>>24672922
He is in it for the long haul. Speculators like you are dunning krugers. Always pretending to be the smartest. Whats your annual return over the last 5 years?

>> No.24672977

>>24668525
Bitcoins are limited you fucking retard.

>> No.24672985

>>24668599
This but unironically, he gets his initial out on btc, keeps the rest after taxes and pays Plebs back at 0.7% yearly. 300 iq move

>> No.24673009

>>24668531
Let's be real. Who isn't guilty of this even a little bit?

P.S. BUY API3! CHAINLINK KILLER!

>> No.24673052

>>24672922
won't be the top in a few months

>> No.24673093
File: 9 KB, 256x197, 1604423762128.jpg [View same] [iqdb] [saucenao] [google]
24673093

>>24672959
>>24672977
>>24673052
cope

>> No.24673117

>>24670836
Cuz it's illegal in the land of the free.