Michael Saylor Vindicated and Mocks WSJ As BTC Surges Ahead

[TomPluz]

Michael Saylor, co-founder of MicroStrategy, took to X to mock the Wall Street Journal (WSJ) after Bitcoin hit a new record high.

In a recent post, Saylor recalled a 2022 WSJ article that had been highly critical of his bold decision to invest billions of dollars in Bitcoin, which was then painted as a risky gamble.

The analysts warned that Saylor’s massive bet on Bitcoin might even sink MicroStrategy entirely. But, instead, 2024 has seen Bitcoin’s value surge by more than 115%, reaching new highs as Donald Trump wins the 2024 election and driving MicroStrategy’s stock up by over 400%, proving many of those early predictions wrong.

Read more of this here.

Just like the so many predictions in the past that Bitcoin will soon be DEAD, this story involving Michael Saylor who has become of the most famous Bitcoin believers, evangelists and investors and WSJ a media outlet who is slowly losing the grip on reality and will actually the one to be DEAD due to dwindling audience and influence really illustrates that in Bitcoin nothing will be permanent and that there will always be tomorrow just stay in there and HOLD because eventually LIFE will be excited and bright.

WSJ should see that Bitcoin will never be DEAD...and they should instead look at themselves as they are the one gradually losing their market. And yes leave Michael Saylor and his business for good.

[Baofeng]

And it's the same with Bukele as well from El Salvador, everyone was mocking him and even him have problems with World Bank because of him making Bitcoin a legal tender.

So I guess this will be the norm for those who up front support Bitcoin itself, there will be attacks at all side. Nevertheless, if you are that resilient and just continue to hold and accumulate Bitcoin, you can silence the crowd. Nevertheless, when we hit the bear market again, those anti-Bitcoin will come back after a long hiatus and go full attack mode again on the likes of Bukele and Michael Saylor.

[bitterguy28]

Just like the so many predictions in the past that Bitcoin will soon be DEAD, this story involving Michael Saylor who has become of the most famous Bitcoin believers, evangelists and investors and WSJ a media outlet who is slowly losing the grip on reality and will actually the one to be DEAD due to dwindling audience and influence really illustrates that in Bitcoin nothing will be permanent and that there will always be tomorrow just stay in there and HOLD because eventually LIFE will be excited and bright.

after so many years bitcoin was able to fight back against pessimists and was able to prove itself it feels like every time bitcoin gets a slight correction everyone is jumping in on the idea that this will be finally the time that bitcoin will crash and burn i think these people who are always spreading news about bitcoin crashing are the ones who did not believe in bitcoin back then and now are hoping to save face

WSJ should see that Bitcoin will never be DEAD...and they should instead look at themselves as they are the one gradually losing their market. And yes leave Michael Saylor and his business for good.

if trump really seal his promises of improving bitcoin in the us, we might see wall street struggle and investments focus would shift from stocks and bonds to cryptocurrencies and wall street would surely be unhappy i am not surprised that they would bad mouth anyone that invests in bitcoin they are a direct competitor after all

[Bobcrypto]

Michael Saylor, co-founder of MicroStrategy, took to X to mock the Wall Street Journal (WSJ) after Bitcoin hit a new record high.

In a recent post, Saylor recalled a 2022 WSJ article that had been highly critical of his bold decision to invest billions of dollars in Bitcoin, which was then painted as a risky gamble.

The analysts warned that Saylor’s massive bet on Bitcoin might even sink MicroStrategy entirely. But, instead, 2024 has seen Bitcoin’s value surge by more than 115%, reaching new highs as Donald Trump wins the 2024 election and driving MicroStrategy’s stock up by over 400%, proving many of those early predictions wrong.

Read more of this here.

Just like the so many predictions in the past that Bitcoin will soon be DEAD, this story involving Michael Saylor who has become of the most famous Bitcoin believers, evangelists and investors and WSJ a media outlet who is slowly losing the grip on reality and will actually the one to be DEAD due to dwindling audience and influence really illustrates that in Bitcoin nothing will be permanent and that there will always be tomorrow just stay in there and HOLD because eventually LIFE will be excited and bright.

WSJ should see that Bitcoin will never be DEAD...and they should instead look at themselves as they are the one gradually losing their market. And yes leave Michael Saylor and his business for good.

It is quite unfortunate that people will come on social networks and news channels to say all manner of things concerning Bitcoin having no knowledge on how the ecosystem works. I think we may be able to actually figure out those that are now dead going by what is happening on the market.
Moreover, it is worrisome that in the world today, we have people who are just on the opposite side of every good thing, may be because they want to be popular by diminishing others for their selfish gains.
Godos to Micheal Saylor for coming out bold with his success story. I love his courage.

[Bobcrypto]

I am very sure that Michael Saylor may be one of the biggest whales on the crypto economy, and will mock more Bitcoin haters by the time BTC hits $100k. It is very clear that many Bitcoin haters does not have any idea of Bitcoin and how it works, unfortunately they go about speaking against their better knowledge.
Some informations on social networks suggested they many of those spreading negative informations, or had made several hate speeches about Bitcoin are secretly buying the assets, and some that openly criticize Bitcoin are now the preacher of the assets. In a nutshell, haters who has not join the crypto community even at this early stage will regret their actions in near future. There is still open opportunity even now!

[MrSpasybo]

Just like the so many predictions in the past that Bitcoin will soon be DEAD, this story involving Michael Saylor who has become of the most famous Bitcoin believers, evangelists and investors and WSJ a media outlet who is slowly losing the grip on reality and will actually the one to be DEAD due to dwindling audience and influence really illustrates that in Bitcoin nothing will be permanent and that there will always be tomorrow just stay in there and HOLD because eventually LIFE will be excited and bright.

WSJ should see that Bitcoin will never be DEAD...and they should instead look at themselves as they are the one gradually losing their market. And yes leave Michael Saylor and his business for good.

I admire Saylor conviction. He's a true believer in BTC and isn't afraid to shout it from the rooftops. People have been predicting BTC demise for years, but BTC keeps on going, hitting new all-time highs. The WSJ really shot themselves in the foot trying to bash BTC and crypto.

This kind of mockery is actually a good thing for crypto. It makes other CEOs question everything they've been told about crypto by mainstream media. It puts pressure on boards of directors who've turned down BTC opportunities. And it encourages big companies to overcome their doubts and finally buy their first BTC.

[Lucius]

I think things like this are worth more to Saylor than all those billions he made investing in BTC - although people mock him too because he had a very strange opinion about Bitcoin in the past. Saylor obviously realized in time that he was wrong and decided to change his opinion, and it has now paid off for him - although I have no doubt that he will be attacked again when (if) the price of BTC goes down.

[KingsDen]

One thing I have learnt about all these is that critics and naysayers will come and go, but Bitcoin will still be there waxing stronger. Thanks to all those who believe in Bitcoin for keeping it going. bitcoin is 80k, who would have believed that bitcoin would get to this point?

[Publictalk792]

I admire Saylor conviction. He's a true believer in BTC and isn't afraid to shout it from the rooftops. People have been predicting BTC demise for years, but BTC keeps on going, hitting new all-time highs. The WSJ really shot themselves in the foot trying to bash BTC and crypto.

This kind of mockery is actually a good thing for crypto. It makes other CEOs question everything they've been told about crypto by mainstream media. It puts pressure on boards of directors who've turned down BTC opportunities. And it encourages big companies to overcome their doubts and finally buy their first BTC.

I agree Saylor confidence in Bitcoin is inspiring. Despite years of predictions that Bitcoin would fail it keeps growing. Wall Street Journal criticism actually helped Bitcoin by making CEOs rethink their views and pushing companies to consider Bitcoin and encouraging big investors to buy. This shows that mainstream media doubts can actually benefit crypto in long run motivating others to invest and driving growth.

[Lucius]

One thing I have learnt about all these is that critics and naysayers will come and go, but Bitcoin will still be there waxing stronger. Thanks to all those who believe in Bitcoin for keeping it going. bitcoin is 80k, who would have believed that bitcoin would get to this point?

Honestly, nothing seemed impossible to me when I experienced that in less than 2 years the price of $200 reached even $20 000. Now we are already at $85k, and it seems that the train is at full speed and has no intention of stopping - $100k maybe already this month, why not?

[Gurujebs]

WSJ should see that Bitcoin will never be DEAD...and they should instead look at themselves as they are the one gradually losing their market. And yes leave Michael Saylor and his business for good.

I saw in news that he just bought about 27,000 Bitcoin today worth $2bn and I was shock like he is not even looking back to buying this Bitcoin and holding it on his wallet even though some might be money not directly own by the him. I know the feeling of seeing Bitcoin flying to the moon but he also need to play it with caution, the market will be your friend while it last.

I don't see the shade in WTJ though, he should just do his thing instead of throwing back atleast they all see what Bitcoin is doing. This might win them back to Bitcoin to buy and becomes a diamond hand like he always believes.

[electronicash]

WSJ will have a say again when the bear market once again come. but saying its going to be dead would be too much of  prediction.

those who are used to the old markets like Peter Schiff will always stand their ground regardless of how convincing BTC price as proof of its dominance in the market. but they may already have doubts to what they are saying and WSJ people may even be investing in BTC without making it public.

[Zed0X]

We, the people in crypto, understand that bitcoin will continue to go up but the question is the timing. I think the analysis/prediction that microstrategy could go down because of its heavy investments on btc is not completely out of touch with reality. Remember that it is a business at the end of the day with huge but not unlimited capital. It's a matter of surviving or bleeding out before the next run.

[Bobcrypto]

And it's the same with Bukele as well from El Salvador, everyone was mocking him and even him have problems with World Bank because of him making Bitcoin a legal tender.

So I guess this will be the norm for those who up front support Bitcoin itself, there will be attacks at all side. Nevertheless, if you are that resilient and just continue to hold and accumulate Bitcoin, you can silence the crowd. Nevertheless, when we hit the bear market again, those anti-Bitcoin will come back after a long hiatus and go full attack mode again on the likes of Bukele and Michael Saylor.

You see, the world bank is trying to protect the banking and financial institutions from the Bitcoin dominance. I am very sure that in near future Bitcoin may end many banks existence except they alien with Cryptocurrency ecosystem and the blockchain. The future of the banking, financial institutions, fiats may give way for cryptocurrency, strive to become much more popular than all Fiat globally.

I am predicting a future where Bitcoin will overtake the world financial system, becomes a major source of international transactions. The future of crypto look very promising.

[hugeblack]

Once we pass the $1 trillion market capacity, it is difficult to return to $0 without a clear technical failure such as double spending or access to the private key for transactions, so we are moving away from the possibility of seeing prices below $20,000.