save. MicroStrategy to Stay Invested: MicroStrategy, which holds a substantial amount of Bitcoin in its balance sheet, is unlikely to liquidate the holding. Saylor Argument on Bitcoin Power Consumption. — Michael Saylor (@michael_saylor) May 19, 2021. The Bitcoin Spat Between Peter Schiff and Michael Saylor. hide. Here’s why Bitcoin doesn’t need Elon Musk, Michael Saylor, or any of the recent figureheads who are trying to represent the top cryptocurrency by market cap. Crypto Livewire, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY Business Insider - Noted crypto evangelist Michael Saylor doubled down on bitcoin on Wednesday amid a collapse in the cryptocurrency market. Mark Lennihan/ASSOCIATED PRESS/MicroStrategy/YouTube Peter Schiff and Michael Saylor slammed each other's bitcoin Michael Saylor then compares Bitcoin to Eth and gives his Ethereum Price Prediction! Blockchain • Regulators • In a new interview on the Unchained Podcast, the head of the publicly-traded business intelligence giant says traders are so concerned about Bitcoin's technicals that they fail to see one fundamental issue. I bought it because I was selling inferior assets. Cryptocurrency May 03, 2021 03:30AM ET Michael Saylor Says Bitcoin Is Replacing Gold According to Michael Saylor, Gold failed to increase its value. Check out Michael Saylor’s tweet. — Michael Saylor (@michael_saylor) May 19, 2021. In the first-quarter earnings report released in late April, MicroStrategy said its bitcoin holdings exceed 91,000. While Bitcoin has risen in mainstream popularity, with institutional adoption rising at an unprecedented pace, skeptics of cryptocurrencies cite the potential of government intervention to outlaw its use as a currency as a reason not to invest. Ripple and XRP • Altcoins • Bitcoin fell as low as $30,000 per coin on Wednesday and cryptocurrencies as a whole lost more than 20% of their total market cap … Michael Saylor on Economics, Bitcoin and Decision Making - YouTube. Show full articles without "Continue Reading" button for {0} hours. I’m selling gold, not buying and selling. MicroStrategy CEO Michael Saylor, who is known for his unconditional support towards Bitcoin, appeared on Kitco News and expressed how Bitcoin energy consumption is mostly distorted. Michael Saylor, 56, is the co-founder of MicroStrategy and a crypto enthusiast who does not shy away from sharing his thoughts about Bitcoin. Benzinga does not provide investment advice. This has taken to the company's total Bitcoin holding to 92,079. Michael Saylor has turned MicroStrategy's sleepy cash surplus into a nearly half-billion-dollar bet on bitcoin's long-term potential. View Entire Discussion (0 Comments) More posts from the CryptoCurrency community. Michael Saylor (more recently known as the 'GigaChad') is the founder and CEO of MicroStrategy, a publicly listed company on the NASDAQ. 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On Monday, gold bug and economist Peter Schiff and MicroStrategy CEO, Michael Saylor engaged in a heated debate over Twitter about Bitcoin. Related Link: China Cryptocurrency Warning Fears Leads To Extended Crypto Selloff. Sort by. Through his staunch belief in Bitcoin, Saylor has succeeded in convincing Elon Musk, to bet big on Bitcoin by sharing his BTC … [Bitcoin] is a technically superior asset. Bitcoin Education; The Ultimate Interview on Bitcoin, Ethereum . Bitcoin evangelist Michael Saylor is doubling down on the cryptocurrency despite its recent plunge. Michael Saylor On Bitcoin and What The Feds Is Doing To The Dollars (US Economy) - YouTube. Be the first to share what you think! Watch this video until the end so you dont miss any crypto news! To get the approval of all stakeholders in MicroStrategy, Michael Saylor assigned them homework. China Cryptocurrency Warning Fears Leads To Extended Crypto Selloff. So Saylor seized the opportunity to buy the dip. All rights reserved. You’ve got a swimming pool and it’s got a leak in it and 15% of the water drains out of it every year and the other swimming pool has no leak in it. Michael Saylor, CEO and founder of Microstrategy, explains how he decided the publicly traded business data firm needed to put its excess cash in bitcoin and what happened afterward. Bitcoin Education; Use This Bitcoin Strategy To Survive The Coming Financial Crash! 48.8k. Michael Saylor on the Bitcoin Environment Argument. Saylor has often tagged Bitcoin as the most reliable store of value and the worthy hedge against inflation. MicroStrategy chief executive Michael Saylor says Bitcoin has the potential to rise by a factor of 1,000. Categories: Bitcoin Education; You May Also Like. And there’s nothing you can do to stop it.”. Michael Saylor’s transformation into a corporate Bitcoin evangelical started prosaically enough. MicroStrategy CEO Michael Saylor believes a seven-digit price tag is in Bitcoin's future. Michael Saylor Verified account @michael_saylor 2h 2 hours ago Follow Follow @ michael_saylor Following Following @ michael_saylor Unfollow Unfollow @ michael_saylor Blocked Blocked @ michael_saylor Unblock Unblock @ michael_saylor Pending Pending follow request from @ michael_saylor Cancel Cancel your follow request to @ michael_saylor View discussions in 2 other communities. Info. Log in or sign up to leave a comment Log In Sign Up. 0 comments. On today’s show, billionaire Michael Saylor discusses his big move into Bitcoin. … Michael Saylor showed up in 2020 with a clean slate to learn about crypto and bitcoin from scratch. Subsequently, on May 13, the company said it bought 271 bitcoins for $15 million in cash, at an average price of approximately $55,387 per bitcoin. CEO Saylor said that entities he controls have acquired 111,000 Bitcoins and have not sold any. Why Bitcoin Now: Michael Saylor on the Best Way for Companies to Buy Bitcoin. Doing the math, and adding what MicroStrategy holds, we get 109,811 Bitcoins which is 1,189 shy of the 111k BTC he controls. #Bitcoin Forever. Michael Saylor on Economics, Bitcoin and Decision Making. Entities I control have now acquired 111,000 #BTC and have not sold a single satoshi. no comments yet. #Bitcoin Forever. Entities I control have now acquired 111,000 #BTC and have not sold a single satoshi. Tap to unmute. I’m selling the dollar to buy Bitcoin. Like us on Facebook to see similar stories, Amazon is lifting its mask mandate for some fully-vaccinated employees, Records of Washington transgender inmates must remain sealed, federal judge rules. — Michael Saylor (@michael_saylor) May 19, 2021 In the first-quarter earnings report released in late April, MicroStrategy said its bitcoin holdings exceed 91,000. Michael Saylor Already Owns 17,732 Bitcoins. The first ever cryptocurrency was invented in 2008 by a mysterious person or group that even today, no one knows the true identity to. How much is PayPal going to sell? Michael Saylor is also an advocate for the Bitcoin Standard. However, Bitcoin bulls such as MicroStrategy Incorporated's (NASDAQ: MSTR) Michael Saylor have leaped to its defense. Schiff tweeted MicroStrategy chief executive Michael Saylor says Bitcoin has the potential to rise by a factor of 1,000. Shopping. Michael Saylor on the Bitcoin Environment Argument. This in turn could mean that he has added a few more Bitcoins to his own personal stash. Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology, Bitcoin • Ethereum • Trading • He has gone on … youtu.be/TeVvtS... MEDIA. One of the two swimming pools is technically superior as a swimming pool. Saylor … The issue really is why would I sell the superior thing to buy the inferior thing?”, Featured Image: Shutterstock/Visual Generation/Visual Generation, Crypto headlines delivered dailyto your inboxBTC, ETH, XRP news alert options. People that are living in their little world, studying their Fibonacci retracements and preaching with incredible conviction about the upcoming expected 60% retracement or 80% retracement, they are overlooking this fundamental issue, which is if Bitcoin is a digital monetary network and if enough people with money and power decide to adopt it, it’s going to go up and increase by a factor of a 100 or 1,000. Based on Michael Saylor’s precedents with his prominent role in leading his firm to add over 90,000 BTC to its balance sheet, Michael Saylor in his tweet is indirectly advocating for the buyup of more Bitcoin. Thanks your for understanding #btc we are decentralized #bitcoin family are holding with you ! Scams • Crypto101 • HodlX • Explore • Futuremash • The only question you gotta ask yourself, ‘How much Bitcoin is Square Cash going to sell in 2021 on the mobile app?’ That’s the question. Microsoft and partners may be compensated if you purchase something through recommended links in this article. In a new interview on the Unchained Podcast, the head of the publicly-traded business intelligence giant says traders are so concerned about Bitcoin’s technicals that they fail to see one fundamental issue. I’m selling a stock. © 2021 Benzinga.com. Saylor takes it a step further and explains why he believes Bitcoin’s past price action, with it’s big rallies and subsequent crashes, is irrelevant to its future. Michael Saylor Keeps It Real (Ethereum News 2021) Michael Saylor talks Bitcoin and Ethereum and gives his honest opinion on how he feels about Ethereum! Bitcoin News; Bitcoin Rebounds After Tesla & Elon Musk Triggered Selloff. By joining The Daily Hodl news list you agree to our Terms and Conditions and Privacy Policy. share. Because PayPal and Square are going to obliterate everybody else’s opinion about what they think should happen.”. Saylor says he decided to bet big on BTC simply because he sees no better asset on earth. report. Bitcoin (CRYPTO: BTC) and other cryptocurrencies are selling off Wednesday, with the most recent trigger being the Chinese central bank's diktat preventing domestic financial institutions and payment processors from accepting or providing cryptocurrency-related services. His company MicroStrategy owns ~91,579 Bitcoins. Peter Schiff and Michael Saylor. MicroStrategy CEO Michael Saylor is explaining why he's bullish on Bitcoin to the corporate world. MicroStrategy has built a massive Bitcoin position to the tune of 70,784 BTC worth $2.2 billion, according to Bitcoin Treasuries. But when Musk turned his back on Bitcoin this week, citing environmental concerns, the price crashed. Bitcoin evangelist Michael Saylor is doubling down on the cryptocurrency despite its recent plunge. For months, MicroStrategy CEO Michael Saylor’s huge acquisitions of Bitcoin have been overshadowed by Elon Musk, the Tesla and CEO of SpaceX who disclosed purchases of billions of dollars in Bitcoin earlier this year.. “Bitcoin is the apex monetary asset, if you define money thermodynamically or mathematically or based on any engineering principle. “None of the trading matters. In a new interview with FamilyOffice, Saylor says the flagship crypto asset could appreciate one-hundredfold to reach a price of $5 million per unit. This summary video is presented by earth.io and is not monetized. Also worth mentioning is that Michale Saylor had last year declared that he personally owns 17,732 Bitcoins. 100% Upvoted. Bitcoin bull Michael Saylor said Tuesday his company MicroStrategy bought $10 million of the cryptocurrency. Point of Failure: Why Satoshi Disappeared From Existence. Watch later. Someone said: “I don’t know what to say ! None of the volatility matters. The Board of Directors of at MicroStrategy are paid in Bitcoin. Copy link. best. MicroStrategy revealed in a Tuesday filing it had purchased approximately 229 bitcoins for $10 million in cash, at an average price of approximately $43,663 per bitcoin. In an interview at MicroStrategy’s World Now Summit, which brought together hundreds of companies interested in learning more about BTC, Michael Saylor touts the leading cryptocurrency's advantages in an increasingly digital era. Share. Thanks you for stopping this panic sales. He started reading “The bitcoin Standard” and watching videos from Andreas Antonopoulos, Pomp, Parker Lewis, Max Keiser and etc.
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