Damus
Cyph3rp9nk profile picture
Cyph3rp9nk
@Cyph3rp9nk
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?

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Rio · 5d
not sure that's how it works, but what makes you think he's doing it anyway?
OΞHI ⚡️🧡 (111k Gang) · 5d
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
Jamie · 5d
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.
PobreBoomer · 5d
Smells like Cantillon effect to me 🤔
JokerHasse · 5d
I think they should prove to shareholders that they have the bitcoin they say they have and change custudian!
Daedalus · 5d
Hes a major player in the Bitcoin industrial complex. A major driver of the ossification and financialization of Bitcoin.
Tauri · 5d
Or if he’s actually buying. When proof of reserves?
Alvaro · 5d
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 b...
BushRat · 4d
The worst thing about Bitcoin is rhe amount of control that american pedophiles have over it already.
Listenlori · 4d
STRC