Someone said: “I don’t know what to say ! Bitcoin News; Bitcoin Rebounds After Tesla & Elon Musk Triggered Selloff. — Michael Saylor (@michael_saylor) May 19, 2021. Michael Saylor On Bitcoin and What The Feds Is Doing To The Dollars (US Economy) - YouTube. Saylor says he decided to bet big on BTC simply because he sees no better asset on earth. The issue really is why would I sell the superior thing to buy the inferior thing?”, Featured Image: Shutterstock/Visual Generation/Visual Generation, Crypto headlines delivered dailyto your inboxBTC, ETH, XRP news alert options. In the first-quarter earnings report released in late April, MicroStrategy said its bitcoin holdings exceed 91,000. Bitcoin Education; The Ultimate Interview on Bitcoin, Ethereum . Crypto Livewire, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY Like us on Facebook to see similar stories, Amazon is lifting its mask mandate for some fully-vaccinated employees, Records of Washington transgender inmates must remain sealed, federal judge rules. Business Insider - Noted crypto evangelist Michael Saylor doubled down on bitcoin on Wednesday amid a collapse in the cryptocurrency market. © 2021 Benzinga.com. Michael Saylor Already Owns 17,732 Bitcoins. Watch later. Bitcoin evangelist Michael Saylor is doubling down on the cryptocurrency despite its recent plunge. hide. MicroStrategy to Stay Invested: MicroStrategy, which holds a substantial amount of Bitcoin in its balance sheet, is unlikely to liquidate the holding. So Saylor seized the opportunity to buy the dip. I’m selling gold, not buying and selling. All rights reserved. In a new interview on the Unchained Podcast, the head of the publicly-traded business intelligence giant says traders are so concerned about Bitcoin’s technicals that they fail to see one fundamental issue. Entities I control have now acquired 111,000 #BTC and have not sold a single satoshi. MicroStrategy has built a massive Bitcoin position to the tune of 70,784 BTC worth $2.2 billion, according to Bitcoin Treasuries. Mark Lennihan/ASSOCIATED PRESS/MicroStrategy/YouTube Peter Schiff and Michael Saylor slammed each other's bitcoin MicroStrategy chief executive Michael Saylor says Bitcoin has the potential to rise by a factor of 1,000. #Bitcoin Forever. Michael Saylor, CEO and founder of Microstrategy, explains how he decided the publicly traded business data firm needed to put its excess cash in bitcoin and what happened afterward. He has gone on … … By joining The Daily Hodl news list you agree to our Terms and Conditions and Privacy Policy. Michael Saylor (more recently known as the 'GigaChad') is the founder and CEO of MicroStrategy, a publicly listed company on the NASDAQ. Watch this video until the end so you dont miss any crypto news! Also worth mentioning is that Michale Saylor had last year declared that he personally owns 17,732 Bitcoins. The Bitcoin Spat Between Peter Schiff and Michael Saylor. In an interview at MicroStrategy’s World Now Summit, which brought together hundreds of companies interested in learning more about BTC, Michael Saylor touts the leading cryptocurrency's advantages in an increasingly digital era. Bitcoin evangelist Michael Saylor is doubling down on the cryptocurrency despite its recent plunge. Microsoft and partners may be compensated if you purchase something through recommended links in this article. In a new interview on the Unchained Podcast, the head of the publicly-traded business intelligence giant says traders are so concerned about Bitcoin's technicals that they fail to see one fundamental issue. Michael Saylor on the Bitcoin Environment Argument. 48.8k. Log in or sign up to leave a comment Log In Sign Up. People that are living in their little world, studying their Fibonacci retracements and preaching with incredible conviction about the upcoming expected 60% retracement or 80% retracement, they are overlooking this fundamental issue, which is if Bitcoin is a digital monetary network and if enough people with money and power decide to adopt it, it’s going to go up and increase by a factor of a 100 or 1,000. But when Musk turned his back on Bitcoin this week, citing environmental concerns, the price crashed. Saylor Argument on Bitcoin Power Consumption. I’m selling the dollar to buy Bitcoin. 100% Upvoted. You’ve got a swimming pool and it’s got a leak in it and 15% of the water drains out of it every year and the other swimming pool has no leak in it. Michael Saylor is also an advocate for the Bitcoin Standard. “None of the trading matters. Subsequently, on May 13, the company said it bought 271 bitcoins for $15 million in cash, at an average price of approximately $55,387 per bitcoin. Bitcoin (CRYPTO: BTC) and other cryptocurrencies are selling off Wednesday, with the most recent trigger being the Chinese central bank's diktat preventing domestic financial institutions and payment processors from accepting or providing cryptocurrency-related services. Check out Michael Saylor’s tweet. Show full articles without "Continue Reading" button for {0} hours. Saylor takes it a step further and explains why he believes Bitcoin’s past price action, with it’s big rallies and subsequent crashes, is irrelevant to its future. Michael Saylor on the Bitcoin Environment Argument. The only question you gotta ask yourself, ‘How much Bitcoin is Square Cash going to sell in 2021 on the mobile app?’ That’s the question. “Bitcoin is the apex monetary asset, if you define money thermodynamically or mathematically or based on any engineering principle. Through his staunch belief in Bitcoin, Saylor has succeeded in convincing Elon Musk, to bet big on Bitcoin by sharing his BTC … To get the approval of all stakeholders in MicroStrategy, Michael Saylor assigned them homework. His company MicroStrategy owns ~91,579 Bitcoins. — Michael Saylor (@michael_saylor) May 19, 2021. Entities I control have now acquired 111,000 #BTC and have not sold a single satoshi. Why Bitcoin Now: Michael Saylor on the Best Way for Companies to Buy Bitcoin. Michael Saylor showed up in 2020 with a clean slate to learn about crypto and bitcoin from scratch. Saylor … Tap to unmute. Be the first to share what you think! no comments yet. View Entire Discussion (0 Comments) More posts from the CryptoCurrency community. This has taken to the company's total Bitcoin holding to 92,079. Scams • Crypto101 • HodlX • Explore • Futuremash • I bought it because I was selling inferior assets. Thanks your for understanding #btc we are decentralized #bitcoin family are holding with you ! Info. Sort by. Michael Saylor on Economics, Bitcoin and Decision Making - YouTube. Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology, Bitcoin • Ethereum • Trading • MicroStrategy revealed in a Tuesday filing it had purchased approximately 229 bitcoins for $10 million in cash, at an average price of approximately $43,663 per bitcoin. Here’s why Bitcoin doesn’t need Elon Musk, Michael Saylor, or any of the recent figureheads who are trying to represent the top cryptocurrency by market cap. China Cryptocurrency Warning Fears Leads To Extended Crypto Selloff. Saylor has often tagged Bitcoin as the most reliable store of value and the worthy hedge against inflation. For months, MicroStrategy CEO Michael Saylor’s huge acquisitions of Bitcoin have been overshadowed by Elon Musk, the Tesla and CEO of SpaceX who disclosed purchases of billions of dollars in Bitcoin earlier this year.. Shopping. View discussions in 2 other communities. Share. Michael Saylor Keeps It Real (Ethereum News 2021) Michael Saylor talks Bitcoin and Ethereum and gives his honest opinion on how he feels about Ethereum! MicroStrategy CEO Michael Saylor, who is known for his unconditional support towards Bitcoin, appeared on Kitco News and expressed how Bitcoin energy consumption is mostly distorted.
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