Do you think Michael Saylor knew his ponzi would collapse? Is this all part of a big scheme to dump Bitcoin to $10k so he can buy up cheapies with his personal bank account? Its actually genius if you think about it.
I think he's genuinely delusional. But he fueled this bullrun so I am grateful for his delusions
>>62311472He is known for the big dotcom scam that kicked off the lost decade. So don't worry for him, he's got billions, very safe and far away from crypto.
>>62311472idc about niggers, i am slurping under 1500 peso eth!
>>62311472Unironically he has long discussions with LLMs and suffers from ChatGPT-induced psychosis.
>>62311472I think it's the opposite. Him buying at the start of the bear run mitigated the decrease in price. I don't know why they did it. I have some hypothesis. Maybe large investment firlms have done some calculus that shows that they can make more money if BTC has less violent swings. Semi normies who ask their bank or investement fund to buy BTC for them would be scared if their BTC do violent crashes. They would sell and never buy such crypto asset again. Now is the price fall is mitigated, those kind of semi-normies BTC holder will be more inclined to hold.
>>62312462True, the falls are mitigated… as long as this scheme holds up because there’s no black swan event.Now, if such an event happens, MSTR could get liquidated and that would be the death spiral for BTC, literally back to 5k—exactly what big funds wanted to avoid in the first place.You can’t cheat with BTC and they’re going to learn it soon enough.
>>62311472Saylor is just the talking head they put in front of the camera. When things go south he will take the heat and either end up having an accident or getting pardoned...or both.
>>62311472He knows it's going to collapse eventually. He's close to retirement age so probably just spending these last few months making sure he can avoid jailtime once the inevitable hits.