Michael Saylor, is he determined to buy all Left Bitcoin supply?

[KingsDen]

Michael Saylor is an investor and as long as he is buying he is planning to sell so at some point they may start selling but they think the current price of Bitcoin is too cheap. So no one is planning to buy all the Bitcoin or else its value would be too low.

If I can read Saylor's mind, now is the very morning, he might not be reliant moment. One thing about strategy is that they buy anytime. When the price is high they buy, when it's low, they also buy. While we are busy calculating entry and exit points, Saylor's strategy is aggressively buying. He might start selling when bitcoin is worth above $200k, maybe close to $500k.

[LogitechMouse]

When it seems that the market lack volumes at recently times, one man called, Michael Saylor never got tried of buying Bitcoin, i am wondering his plans, i think he may be planning to buy all left bitcoin and become a Bitcoin emperor or King that will control the market.
Now, this Michael Saylor or Michael strategy had planned to purchase additional $21 billions worth of Bitcoin, this is massive and may continue to stock more and more. What is cold be his motive? I am beginning think that he may buy everything if he continues like this. Your thoughts.

Details here: https://cointelegraph.com/news/michael-saylor-strategy-raise-21-billion-purchase-bitcoin

Nope that will not happen.

Let's not forget that there will still be Bitcoin holders who might not sell their holdings for whatever reasons they think. I know it's absurd and crazy, but humans in general are absurd already so I will not be surprise if there are investors out there that will not sell their Bitcoins. This reason alone is enough to say that he can't buy all of the Bitcoin. Also, more than 4M (more or less) of the total circulating supply of Bitcoin right now can't be accessed anymore for many reasons (but mostly because they can't access it due to the private keys being gone).

What's his motive? I'm leaning towards the fact that he's using Bitcoin as a hedge tool. That's all. Also, I don't know, but the stock of his company (MSTR) is tied up to Bitcoin already so if the Bitcoin price goes down, so does his stock. It's like the price movement is the same (coupling).

[Bobcrypto]

When it seems that the market lack volumes at recently times, one man called, Michael Saylor never got tried of buying Bitcoin, i am wondering his plans, i think he may be planning to buy all left bitcoin and become a Bitcoin emperor or King that will control the market.
Now, this Michael Saylor or Michael strategy had planned to purchase additional $21 billions worth of Bitcoin, this is massive and may continue to stock more and more. What is cold be his motive? I am beginning think that he may buy everything if he continues like this. Your thoughts.

I am not surprised by Saylor actions, this has always been mentioned in his statements. Saylor does not buy BTC for himself, but for Strategy shareholders. Saylor is raising money from them to accumulate BTC, his strategy is really smart and makes shareholders happy to see the MSTR price rise sharply on the stock market.

Strategy will not be able to have all the remaining BTC, for now they only have about 500K BTC and the next target is probably 1M BTC. If they want to reach this target, $21B is not enough and Saylor will not stop. I am waiting for the time when Strategy is satisfied with the amount of BTC in the budget, then they can deploy new ideas for the market, for example a BTC bank.

I think that most likely there may be creation of Bitcoin bank if Michael Strategy and few others that has bought large amounts of Bitcoin can come together to effect the establishment the Bitcoin bank idea.
In addition, I think that this may turn a good ideas, though it is far from happening, however, the creations of bitcoin bank can go against the core features of decentralization.

[Faisal2202]

When it seems that the market lack volumes at recently times, one man called, Michael Saylor never got tried of buying Bitcoin, i am wondering his plans, i think he may be planning to buy all left bitcoin and become a Bitcoin emperor or King that will control the market.
Now, this Michael Saylor or Michael strategy had planned to purchase additional $21 billions worth of Bitcoin, this is massive and may continue to stock more and more. What is cold be his motive? I am beginning think that he may buy everything if he continues like this. Your thoughts.

I read the news they never said we will buy all the remaning bitcoins, and all the remaning bitcoin worth around 85 billion dollars, so they technically can't buy all the remaning BTC with just 21 billion. They meant to say they will sell their A-class equity worth 21 billion to buy BTC but they never said we will buy for 21 billion.

They will make plan according to the price of BTC and other factors to make purchases. Overall this is a good news and now I doubt if bear run is near anymore, I mean currently market is in downtrend but these good news will pump it hard.

[Bobcrypto]

When it seems that the market lack volumes at recently times, one man called, Michael Saylor never got tried of buying Bitcoin, i am wondering his plans, i think he may be planning to buy all left bitcoin and become a Bitcoin emperor or King that will control the market.
Now, this Michael Saylor or Michael strategy had planned to purchase additional $21 billions worth of Bitcoin, this is massive and may continue to stock more and more. What is cold be his motive? I am beginning think that he may buy everything if he continues like this. Your thoughts.

I read the news they never said we will buy all the remaning bitcoins, and all the remaning bitcoin worth around 85 billion dollars, so they technically can't buy all the remaning BTC with just 21 billion. They meant to say they will sell their A-class equity worth 21 billion to buy BTC but they never said we will buy for 21 billion.

They will make plan according to the price of BTC and other factors to make purchases. Overall this is a good news and now I doubt if bear run is near anymore, I mean currently market is in downtrend but these good news will pump it hard.

Obviously, Michael Saylor graudual Bitcoin purchases may significantly be pointing to buying more Bitcoin but not necessarily buying all available Bitcoin that will exists, after all, the total Bitcoin supply has not been fully mined and the estimated mining duration is around 2035 according to some analysts.
And concerning the bear run you mentioned, there are no indication yet for a near run, most news about bear market are speculations. The bull run is still ongoing, though there should some dips and corrections at some periods and intervals in my opinion.

[Faisal2202]

Obviously, Michael Saylor graudual Bitcoin purchases may significantly be pointing to buying more Bitcoin but not necessarily buying all available Bitcoin that will exists, after all, the total Bitcoin supply has not been fully mined and the estimated mining duration is around 2035 according to some analysts.
And concerning the bear run you mentioned, there are no indication yet for a near run, most news about bear market are speculations. The bull run is still ongoing, though there should some dips and corrections at some periods and intervals in my opinion.

Yep, the total BTC are't mined yet and he can't even bought them as he (op) said in the title. He don't have that much money even if he wants to buy them all, with upcoming cycles the price of BTC will just increase, and increase and he won't have money to buy them all.

Bear market is coming and for that we don't have to rely on the news outlets because they are the big manipulators in the market, they write to make money but if they don't realized, they are making big influence on the thoughts and predictions of the people so they are big manipulators in my sight but bear run will come not now and that I also agree with as currently the chance for the second peak are still there.

[Stuart]

Michael Saylor so far has shown himself as a whale in the crypto community and to Bitcoin at most, as he is so friendly with the term of accumulating as much Bitcoin as possible. He is using the current market down price as a yardstick to acquire more Bitcoin into his possession. He supports the acquisition of Bitcoin fractions as possible with a strong believe that the price of Bitcoin will soar in time to come.
I think he is on a chase of acquiring as much Bitcoin he can before we start seeing the next big move Bitcoin will make, as lots of analysts still say we are still on the bull run. 

[Kemarit]

When it seems that the market lack volumes at recently times, one man called, Michael Saylor never got tried of buying Bitcoin, i am wondering his plans, i think he may be planning to buy all left bitcoin and become a Bitcoin emperor or King that will control the market.
Now, this Michael Saylor or Michael strategy had planned to purchase additional $21 billions worth of Bitcoin, this is massive and may continue to stock more and more. What is cold be his motive? I am beginning think that he may buy everything if he continues like this. Your thoughts.

I read the news they never said we will buy all the remaning bitcoins, and all the remaning bitcoin worth around 85 billion dollars, so they technically can't buy all the remaning BTC with just 21 billion. They meant to say they will sell their A-class equity worth 21 billion to buy BTC but they never said we will buy for 21 billion.

They will make plan according to the price of BTC and other factors to make purchases. Overall this is a good news and now I doubt if bear run is near anymore, I mean currently market is in downtrend but these good news will pump it hard.

Obviously, Michael Saylor graudual Bitcoin purchases may significantly be pointing to buying more Bitcoin but not necessarily buying all available Bitcoin that will exists, after all, the total Bitcoin supply has not been fully mined and the estimated mining duration is around 2035 according to some analysts.
And concerning the bear run you mentioned, there are no indication yet for a near run, most news about bear market are speculations. The bull run is still ongoing, though there should some dips and corrections at some periods and intervals in my opinion.

Perhaps what you meant is that "almost all Bitcoin" or 99% of it could have been mined in the next 3 halvings. So we still have that time to accumulate and so does Michael Saylor. We all know that he has the advantage as he has a lot of money, billions to pour and buy as much as he can.

But just like what everyone says, it's a big market and there are a lot of us competing and also buying Bitcoin. So there's no way that he can corner the market and buy all the remaining supply.

[Aanuoluwatofunmi]

When it seems that the market lack volumes at recently times, one man called, Michael Saylor never got tried of buying Bitcoin, i am wondering his plans, i think he may be planning to buy all left bitcoin and become a Bitcoin emperor or King that will control the market.

First of all, he cant buy all the bitcoin remained and secondly, he cannot also control the market, some of us are forgetting about what we called a decentralized market, one person cannot hold it and it appreciates in value, have we always consider the reason why many alts tokens will prefer their coins being hold by their users, instead of selling, because they want everyone to have it and also make the distribution as wide as possible so that by the time of selling, some will be selling high and be profitable and some buying to hold and sell later, Michael or Microstrategy cannot control the bitcoin market price now or in the future.

[PX-Z]

It's sounds like just a bullish statement foom Saylor, nothing's new to it but if it happens that could be very promising. But on the other side, selling some of those holdings will have a massive impact regardless their explanations to it.

[zeeMN]

Such people wanting to own a big bag of crypto all to their name shows how selfish they are!!

Allowing a person or entity to own a big percentage means they want to control and manipulate the markets to their will and I don't endorse this.

Can we all please target to own a minimum of 0.5btc just to block all these selfish individuals.

[Faisal2202]

Perhaps what you meant is that "almost all Bitcoin" or 99% of it could have been mined in the next 3 halvings. So we still have that time to accumulate and so does Michael Saylor. We all know that he has the advantage as he has a lot of money, billions to pour and buy as much as he can.

But just like what everyone says, it's a big market and there are a lot of us competing and also buying Bitcoin. So there's no way that he can corner the market and buy all the remaining supply.

Yep, that's why I meant to say, if I bought 1 BTC today then at the end he will be shorting that 1 BTC and he can't really say I have owned all the remaining BTC, it is practically impossible, but still he can own most of the amount of BTC remaining there.

Maybe he said it because he might have huge mining pools running and he is mining huge amount of BTC in some bunker. Whatever, he do have bigger plans and I think he will plan to buy most of the BTC remaining or circulating.

[NotATether]

As much as people don't want to hear it, someone buying the majority supply is dangerous for the price optics.

As chairman of MicroStrategy, a bitcoin investment firm, I'm sure Saylor knows that already.

You don't want Bitcoin to copy many altcoins in that there's one large HODLer buyer and everyone else can only trade scraps.

This does not increase the price, and actually activates a huge dump risk.

[Aanuoluwatofunmi]

Michael can choose to be nonstop over his intention for buying bitcoin, but doing this does not renders the market being centralized or controlled by him, moreover he cant achieve buying all the remaining bitcoin, we only knows about today, no one knows about tomorrow, bitcoin is far beyond what an ordinary person could face to control the market, its not possible, he may only try his best in accumulation and not succeeding in manipulation.

[Gposas]

When it seems that the market lack volumes at recently times, one man called, Michael Saylor never got tried of buying Bitcoin, i am wondering his plans, i think he may be planning to buy all left bitcoin and become a Bitcoin emperor or King that will control the market.
Now, this Michael Saylor or Michael strategy had planned to purchase additional $21 billions worth of Bitcoin, this is massive and may continue to stock more and more. What is cold be his motive? I am beginning think that he may buy everything if he continues like this. Your thoughts.

Details here: https://cointelegraph.com/news/michael-saylor-strategy-raise-21-billion-purchase-bitcoin

His strong interest on this digital asset (BITCOIN) is really interesting, seeing the news of him purchasing more and more undermining the market price and trend.
To my best of knowledge no matter how he tries and continues buying more BTC to increase Strategy's Holdings, he can't purchase all...
Because his move towards Bitcoin adoption is motivating other companies to join the trend and also purchase more.
Considering the Japanese Company Metaplanet, they also posses a valuable amount of this asset and they are also gathering funds to purchase more.
GameStop too is another gaming company joining the trend of Bitcoin adoption. And also considering national strategic Reserve around the world, they all purchase this asset and are also willing to purchase more...
So it is clear that Microstrategy cannot purchase the remaining Bitcoin all by himself.