Will large Bitcoin investors end up becoming a threat?

[Tribalchief]

Recently, the news of MicroStrategy buying an additional 14,620 Bitcoins broke on the internet. We've always known MicroStrategy as a company that loves investing in Bitcoin since August 2020. This sounds more like great news for the Bitcoin community, as it feels like more adoption is taking place, but it is done by a certain group of people.

Primarily, we all know that Bitcoin is meant to be a distributed asset among its users without anybody being in control or possession of the major asset in circulation. Though MicroStrategy isn't the only organization stacking Bitcoin in large amounts, I think it's high time we consider how it might affect the Bitcoin community in a few years.

I sense that the Bitcoin market and other digital currencies might be affected negatively when these companies decide to sell a very large portion of their accumulated assets. What do you think about these companies, and how do we encourage the majority to buy more Bitcoin for themselves to prevent the possible negative outcomes of the future?.

[Ambatman]

Microstrategy worth is tied to their Bitcoin holdings even their stock price has skyrocketed cause of this
That's why they buying at any amount.
Even if they want to sell they would in small quantities because any deficit to bitcoin is loss to them.
In the worse case scenario they do sell everything there would be people to buy the dip.

[Tribalchief]

In the worse case scenario they do sell everything there would be people to buy the dip.

Then, what happens to those that hold good amount but end up seeing a huge lose in asset value due to one man's action ?.

[Ambatman]

Then, what happens to those that hold good amount but end up seeing a huge lose in asset value due to one man's action ?.

Is the risk associated with every investment
There's always a risk to making loss
As long they can hold and not sell in loss they can come out with profit
I know its easier said than done
The FTX debacle made me sell in loss and now BTC is 42K
You can see the irony
As long as you can believe in the project and hold, there's light at the end of the tunnel.

One man action affecting the crypto space is not a new thing
Elon musk(Dogecoin and other shitcoin like jasmyy), Sam bankman actions affected the crypto space but we recovered.

[tranthidung]

Recently, the news of MicroStrategy buying an additional 14,620 Bitcoins broke on the internet.

Broke the Internet, really?

When you wrote this, you are helping to exaggerate impacts from MicroStrategy purchase.

We've always known MicroStrategy as a company that loves investing in Bitcoin since August 2020. This sounds more like great news for the Bitcoin community, as it feels like more adoption is taking place, but it is done by a certain group of people.

We can not deny contributions of Michael Saylor and MicroStrategy for this market but Bitcoin adoption comes from many people, developers, investors, traders, builders and more. MicroStrategy and institutional investors are one of contributors for Bitcoin adoption.

I sense that the Bitcoin market and other digital currencies might be affected negatively when these companies decide to sell a very large portion of their accumulated assets.

Before talking about their selling impacts on the market, you must think of their buying impacts which should be big and Bitcoin price will be benefited from it as well as trading volume will increase a lot with massive new capital from them.

The bottom line is they won't sell immediately after buying or several weeks later. It would be months or some years and with this long period, I really expect positive impacts are great enough to blur and cover all negative impacts when they sell.

Like if MicroStrategy sell their bitcoins in 2024 or 2025, will Bitcoin drop back to $13,000?

I believe it will not, history proves that, Bitcoin makes its new highs for Yearly Min Price over years.

• https://charts.bitbo.io/yearly-candles/

[Tribalchief]

The bottom line is they won't sell immediately after buying or several weeks later. It would be months or some years and with this long period, I really expect positive impacts are great enough to blur and cover all negative impacts when they sell.

Like if MicroStrategy sell their bitcoins in 2024 or 2025, will Bitcoin drop back to $13,000?

I believe it will not, history proves that, Bitcoin makes its new highs for Yearly Min Price over years.

So the impact of Elon musk selling his Bitcoin wasn't felt negatively?. We are talking about an organization that holds this coin in a very large amount. It must not get to $13K before other investors starts experiencing losses. You truly understand how this market works. Only internet speculation is enough disturb the community.

We can not deny contributions of Michael Saylor and MicroStrategy for this market but Bitcoin adoption comes from many people, developers, investors, traders, builders and more. MicroStrategy and institutional investors are one of contributors for Bitcoin adoption.

When you said: 'Bitcoin adoption comes from many people', you made it sound as if "other people" are having equal number of Bitcoin to microstrategy. Ideally, this coin ought to be distributed, but when a single entity starts holding it in a larger amount than other investors, don't you think that it is possible for them to have a say in price when they choose to sell.

[Wiseman]

I think it all depends on the profit and the duration of the investment, it is easier to say that if a big player sells bitcoin and earns 200-300% he will not hurt the market as many whales already have 300% profit and start selling, the longer the whale waits and does not sell the worse for everyone.

[Ambatman]

@Tribalchief there would be an impact in the market in the case of selling. If the company chooses to sell either the dip would be bought immediately or it would cause a chain reaction that would cause further dip. This dip would later be bought by different firms or individuals like a change in hand but more diversed. I would only fear a big player in the mining sector having a large hash rate compare to its competitors since that might allow them make consensus and cause mining centralization. Having huge amounts of Btc won't affect the blockchain but would only allow market manipulation.

In summary it would affect Bitcoin in the short run but not necessarily a threat to its survival.

[Gurujebs]

Recently, the news of MicroStrategy buying an additional 14,620 Bitcoins broke on the internet. We've always known MicroStrategy as a company that loves investing in Bitcoin since August 2020. This sounds more like great news for the Bitcoin community, as it feels like more adoption is taking place, but it is done by a certain group of people.

I don't think this should be a problem, Microstrategy is a group of people which means that it's not only owned by a single person, it's a team but they are using Michael Saylor as the face of the investment, don't he surprised that that bitcoin is owned by more than 100 of people and when they want to spend or make a decision on what to do with that bitcoin, they need to consult them as well.

Primarily, we all know that Bitcoin is meant to be a distributed asset among its users without anybody being in control or possession of the major asset in circulation. Though MicroStrategy isn't the only organization stacking Bitcoin in large amounts, I think it's high time we consider how it might affect the Bitcoin community in a few years.

I don't like how they are also holding more bitcoin but what can we do, it's there money and there choice but because they came out to claim they own the bitcoin that's why we are bothered. That bitcoin is less than 1% of the total supply and I think we have more people that hold more than Microstrategy but they refuse to announce it to the people.

I sense that the Bitcoin market and other digital currencies might be affected negatively when these companies decide to sell a very large portion of their accumulated assets. What do you think about these companies, and how do we encourage the majority to buy more Bitcoin for themselves to prevent the possible negative outcomes of the future?.

A time will come in their life when the need to sell will come and when they do, more people will buy from them to hold and increase decentralization, and even if they want to sell it, they can't sell everything because it will make the price to dump badly, they know what they are doing and it's going to be a win for the bitcoin community and the investors, there is nothing to worry about.

[MUGNIA]

It would be a threat if they sold all/half of the bitcoin at a low price, you could say they slashed the price, this would cause the value of bitcoin to plummet in the market and it would be difficult for it to rise again, even if it took a long time.
enough for an elon to make the price of bitcoin fall when he sells the bitcoin he owns

[bitmover]

I don't think this should be a problem, Microstrategy is a group of people which means that it's not only owned by a single person, it's a team but they are using Michael Saylor as the face of the investment, don't he surprised that that bitcoin is owned by more than 100 of people and when they want to spend or make a decision on what to do with that bitcoin, they need to consult them as well.

Exactly 

Michael Saylor isn't the owner of those bitcoin,  he is just the custodian.

Just like binance or any other exchange that hold crypto for their customers.

Large investors certainly have a role to play in the bitcoin ecosystem and economic. But they so not hold all power, as miners are also big players as well

[tbct_mt2]

Exactly 

Michael Saylor isn't the owner of those bitcoin,  he is just the custodian.

Just like binance or any other exchange that hold crypto for their customers.

Large investors certainly have a role to play in the bitcoin ecosystem and economic. But they so not hold all power, as miners are also big players as well

He is even not a custodian, MicroStrategy is.

It is not his own money too. It is money from MicroStrategy invested in Bitcoin and Michael Saylor had to spend months to convince MicroStrategy board members to accept investing in Bitcoin in 2020.

In one interview, he revealed that it takes him about 6 months to do so and he believed that with Bitcoin Spot ETFs, other companies will not have challenge like him and MicroStrategy to invest in Bitcoin.

Not this interview: Convinced the dollar was no place for MicroStrategy’s excess capital, Saylor said he and his executives began trawling around for a “tangible” asset alternative. .

[mu_enrico]

I sense that the Bitcoin market and other digital currencies might be affected negatively when these companies decide to sell a very large portion of their accumulated assets. What do you think about these companies, and how do we encourage the majority to buy more Bitcoin for themselves to prevent the possible negative outcomes of the future?.

It's called a "free market" as people are free to buy and sell regardless of the amount. Even in the stock market, big players can move the market, but in the end, there are many other big players who'll take advantage of other party activity. For every Saylor who sells there will be Timmy who buys, and vice versa. So, the price will be an aggregation of these players' activity plus small holders' activity. Hence, it's a no issue IMO.

So don't be too scared of whales and their activity, ignore them if you aren't into day trading.

[xSkylarx]

It is a company, not a single person. No matter how huge they are buying Bitcoin, as long as it is not a single person, then it is good because the decision to sell the majority of Bitcoin needs some sessions or meetings before they proceed on selling, so you can't decide on your own. Probably tons of Bitcoin were owned by big people at that company, and there will be a couple of people against selling it just in case it happens.

[Muneeb22]

Large Bitcoin investors will hold their coins and they know that they invest in a good place and if they sell their coins now they are in loss that the main reason that they just hold their coins and they just wait when the BTC price go high at that time they sell their coins ina good profit.