VYB_POBSTREET 06-04-2022 #54: What effect will microstrategy being a bitcoin whale has on bitcoin and crypto future

in #vyb3 years ago

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TODAY'S DISCUSSION


What effect will it has on bitcoin(positive or negative)

Now micro strategy,luna,el savador etc has have been buying bitcoin lot.
i was first happy and bullwith this news but i realised that they are holding too much which can be a bad news for bitcoin and cause manipulation.

"💰 Biggest Disclosed Bitcoin Treasuries:

  1. MicroStrategy - 125,051 BTC
  2. Tesla - 43,200 BTC
  3. Terra - 30,727 BTC
  4. Marathon Digital - 8,133 BTC
  5. Square - 8,027 BTC

By next couple of months TerraLuna will be the Biggest #Bitcoin holder."

MICRO STRATEGY now holding close to 1% of total btc in circulation and still buying.
am now afraid they don't buy up to 10% and btc being controlled by whales.

topic from @iyiade

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They believe so much in cryptocurrency and I think they aren't ready to sell for more years

In time to come,Terra not compete with microstrategy and the most bitcoin holding

All these can't affect bitcoin
The own by microstrategy isn't for individual same luna

Hmmm
Have you forgotten that it's Decentralized.
No matter what it's still in a wallet

This micro strategy can create fud in the crytpo world.

It will still retain them when buying BTC won't be easier than now for them

Yes they can only buy bitcoin from those that want to sell.
but they are buying the tip the by anytime market is full every time people are selling they buy

People mentality about crypto is what's dangerous.
The mentality of just making money

Yes
They buy because people sell

People are only in crypto currency for money and short-term.
They don't have insight of blockchain future enough