I don't get it, why would I buy bitcoin when I know that more than 3% of the supply is owned by known retard michael saylor and that he is accumulating even more?
oh man I sure am glad that 3% of the US dollar isn't owned by a single entity that just keeps on accumulating more
>>61835512>I don't get itYeah, we know.
>>61835512No matter how much he accumulates, he can't change the protocol.
>>61835515Bitcoin was supposed to be better.
>>61835512forget saylor, why buy it when the crypto cabal owns 30x what he does? they're the ones selling it to him...
>>61835512Any asset that you buy will be in a similar situation. This is retard logic.
>>61835538Imagine believing that placing restrictions on how much Bitcoin you can buy would make it better.
>>61835512>I don't get it, why would I buy bitcoinyou could have stopped writing here
>>61835512Nobody owns bitcoin retard. It’s a fixed supply. You can validate whether you hold a certain amount in your wallet or not, but even if you bought all the remaining bitcoin left today, it doesn’t effect the fixed supply one bit
>>61835512Main point is everyone waiting for him to have forced selling. Thats the bottom. Everyone knows this and is waiting
>>61835512>why would I buy bitcoin when I know that more than 3% of the supply is owned by known retard michael saylordo you understand the implications of one entity owning a significant portion of a capped asset? he's old, one heart attack and all of us become 3% richer
>>61835529Its not really about doing that, its about being able manipulate the value.>>61836099It affects the available supply and the trade value.
>>61836109That's uh... not at all how it's working, but you already know that.
>>61836125if 3% of the supply goes out of circulation forever, 97% of the remaining supply becomes 3% more valuable
>>61836129>>61836129Then why don't you just burn 3% of your bitcoins, so the other 97% is more valuable? And why stop at 3%, why not burn 97% so the 3% left is 97% more valuable?
>>61836099> everyone waiting for him to have forced sellinghfsp
