He spent all of his money, all of his company’s money and now he is slowly trying to sell his entire corporation. Maximalism on a whole new level. Conviction supersedes exaggeration!
After putting all his money in Bitcoin, Michael Saylor is taking Surveys:
Survey Question from Saylor: ”Do you expect the price of Bitcoin to appreciate more than 6.125% annually over the next seven years?”
The Optimistic community members were like: Cryptocurrency will overthrow and make sure that all cash and cards are depleted. Join the future with BTC All in. You will make it happen for us.
No, because it will be more than 6.125%. 10X for Bitcoin. Yes, but you certainly have strong conviction. Didn’t think this tweet was actually coming. In the next 5-7 years, this isn’t even a question. The question is how many more individuals will spot and take this opportunity early.
What a question. I expect a 10x. But that‘s not the point. I hope we‘ll see the Bitcoin standard in some parts of the world. Bitcoin is hope. If you have low time preference then the volatility doesn’t matter.
Some feel like this might not happen and not after the governments will start taxing it at 90% and require reporting of all conversions to US Dollar. Funny hearing people say “bull market is back on.” We never left the bull market.
Why are 89% of people in this poll treating bitcoin like it’s and ETF? I expect a higher percentage appreciation annually!
The Pessimistic community members were like: The question is when you will sell to cover the cost of 6.125% plus the others. Unless it’s a rotating debt model, there’s another word for that
The market get through different phases like stealth phase, awareness phase, mania phase, and blow off phase. There are retail investors, institutional investors, and smart money flowing in the market. All of them are continually watching the market through take off of the price, first sell off, media attention, enthusiasm, greed, delusion, new paradigm, denial, return to normal, fear, capitulation, return to mean, and sometimes despair. You better hope and pray LOL. If whales like you didn’t reach BTC maturity level?
About Michael Saylor the Community are like: Never Ending speculative attack on USD. This man is unstoppable.
The act of this man is definitely manipulating something. How has his strategy worked out so far?
Bitcoin buyers aren’t interested in 6% per year but will say yes to anything Michael Saylor says.
