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Author Topic: What is Michael Saylor planning for BTC?  (Read 1480 times)

Offline mu_enrico

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Re: What is Michael Saylor planning for BTC?
« Reply #30 on: March 22, 2025, 07:50:32 PM »
But he has been buying since 2020, and since then the price of BTC has increased approximately five times, which of course is reflected in the amount of BTC he is buying today. Therefore, a logical question arises with your thesis, which is until when will he consider that he is buying at a low price, or does he think that the price of BTC will rise forever?
Difficult to tell, "Every man has his price" so he will sell at some point if he's rational and only he knows his target price. But still, there's some chance (extremely small IMO) that he did all that buying for emotional stuff, and then the burning, rule the world, and whatever else makes sense.

After all, all companies go after one target - moneyh.

That's obvious and it will stay that way.
Yep, most likely a simple explanation like this is the correct one, Occam's Razor thing.
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Re: What is Michael Saylor planning for BTC?
« Reply #30 on: March 22, 2025, 07:50:32 PM »

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Offline Lucius

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Re: What is Michael Saylor planning for BTC?
« Reply #31 on: March 23, 2025, 04:26:48 PM »
But he has been buying since 2020, and since then the price of BTC has increased approximately five times, which of course is reflected in the amount of BTC he is buying today. Therefore, a logical question arises with your thesis, which is until when will he consider that he is buying at a low price, or does he think that the price of BTC will rise forever?
Difficult to tell, "Every man has his price" so he will sell at some point if he's rational and only he knows his target price. But still, there's some chance (extremely small IMO) that he did all that buying for emotional stuff, and then the burning, rule the world, and whatever else makes sense.
~snip~


Maybe we are looking at it all from the wrong angle, because we have already concluded that this company is not exclusively his, and that other shareholders will also be asked about the decisions - but we can conclude that as long as the chicken lays golden eggs, there is no need to sell it, right?
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Re: What is Michael Saylor planning for BTC?
« Reply #31 on: March 23, 2025, 04:26:48 PM »

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Offline omori

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Re: What is Michael Saylor planning for BTC?
« Reply #32 on: March 24, 2025, 11:17:37 AM »
@yhiaali3, technically, Satoshi coins are not lost forever, considering that it might one day be possible to "hack" such old addresses using quantum computers - but Saylor could literally burn his coins if he ever wanted to, as there are very efficient methods for doing so today.

However, the coins we are talking about do not belong exclusively to him, but to his company, as someone already mentioned - so he does not have complete control over them. What we don't know is how much BTC he has in his personal wallet, but it's no secret that he invests in that way.

Quantums wouldn't be used for that for a long, longgg time ahead. Only when it is as common as to eat the candy once in a while and everybody would be eager to try it out / have the resources to scale up the operations.
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