If it all gets sold, price tanks and noobs can get it in cheap.
If he loses it then bitcoin becomes more scarce. There’s no real problem i can see. I just find it interesting people would pay money to not own something
If it all gets sold, price tanks and noobs can get it in cheap.
If he loses it then bitcoin becomes more scarce. There’s no real problem i can see. I just find it interesting people would pay money to not own something
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I mean, if he didn't buy in the first place, we could have bought cheaper for the past few years probably. And not sure how these 500k bitcoin (single Bitcoin, not USD) will hit the market is another question, but you can be pretty sure that the price will tank for a longer time....... if..... the US doesn't claim it. I see why humans would buy his stock rather than the raw asset, but I would shit my pants. Lots of people are too convinced by what Saylor believes and how he is behaving. I'm not sure if this guy is the be all know all. He seems to see himself as that, which is a red flag in itself imho. If his stock blows, all the "hodlings" of people with his stock will take a huge haircut. As we know, in trading, there is for every loss on one side, a win on another.
> If it all gets sold, price tanks and noobs can get it in cheap.
That's not how it works. For cointards past performance is indicative of future results so if I tanks, that means it'll tank even further.
He can’t lose it, he doesn’t own it. Not holding keys
someone holds the keys, and they could lose it
Well it makes financial sense if it gives you cheaper btc exposure