Is Michael Saylor Trying to Lower Bitcoin Prices for His Gain?

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#1Jul 12, 2017, 04:35 AM
I get the feeling he’s not super thrilled with Bitcoin’s price right now. He’s said some nice things about it but recently hinted at selling some to cover dividends. Then there’s this bond purchase instead of Bitcoin, kinda fishy, right?
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#2Jul 12, 2017, 07:25 AM
Not buying it. Every time Saylor announces a Bitcoin buy, it seems pretty random. If he really wanted to manipulate prices, he’d have done it ages ago. He’s just been buying in whenever he can.
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ben_alphaMember
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#3Jul 12, 2017, 01:07 PM
I bet he has backup plans for different scenarios. Maybe he thinks the Bitcoin price is dropping more, so waiting to buy could be smarter. Right now, bonds might just be a better short-term move.
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topblastNewbie
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#4Jul 12, 2017, 03:02 PM
They can scoop up Bitcoin whenever. Just because they buy doesn’t mean prices always drop. This theory doesn’t hold much water, especially since they’ve bought in both bear and bull markets.
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dave.forkMember
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#5Jul 12, 2017, 07:05 PM
Honestly, Saylor’s all about holding. Trying to drive prices down would hurt his company way more than saving a few bucks on Bitcoin. That bond deal? Probably just a smart move to manage cash better.
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#6Jul 13, 2017, 12:27 AM
He’s human, right? A lot of people hype him up like he’s infallible. But I can’t shake the feeling that he has some doubts too. Pressure's on when things don’t go as planned.
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CryptoBitNewbie
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#7Jul 13, 2017, 06:41 AM
If he wanted to act shady and drop Bitcoin prices, he should just sell some of his holdings. That’d be a clearer move. I don’t think he’s trying to manipulate anything.
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madhawkNewbie
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#8Jul 13, 2017, 07:41 AM
He might be checking the market vibes, maybe even sold some to push prices down slightly. A lot of rich folks do that during major events. Could be his play too.
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#9Jul 13, 2017, 01:09 PM
With Bitcoin, it’s bound to rise. Saylor knows it’ll work out. He’s not worried about price dips; he’s in it for the long haul.
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diamondhandsHero Member
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#10Jul 13, 2017, 02:27 PM
Just because a company hints at selling, doesn’t mean they really want to. It’s more about keeping options open. If he manipulates the price, it just lowers his own holdings too.
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maxorbitMember
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#11Jul 13, 2017, 04:38 PM
Exactly what I was thinking! Some folks act like Saylor can do no wrong. Bitcoin has its risks, and no one’s immune to making bad calls.
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CalmMinerFull Member
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#12Jul 13, 2017, 08:11 PM
Calling him a manipulator is a stretch. He’s all about buying and holding, so selling now feels a bit contradictory. Plus, MicroStrategy used to invest in stocks, so it’s not surprising they still dabble there.
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AtomicForkFull Member
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#13Jul 14, 2017, 12:00 AM
Some of these takes are wild. If you knew how often Saylor buys, you wouldn’t say that. He’s got a solid buying pattern, and now he wants to sell? Makes no sense.
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#14Jul 15, 2017, 02:23 PM
Nobody said he did anything wrong, but I’m curious what you mean by ‘wrong decision’? Bitcoin isn’t flawless, and every asset has its ups and downs.
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alt69Full Member
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#15Jul 15, 2017, 05:57 PM
If you think Bitcoin is perfect, maybe you’re not seeing the full picture. Stocks and bonds have their issues too. And please, keep it civil.
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0xBearFull Member
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#16Jul 16, 2017, 12:05 AM
If prices drop, maybe we can see Bitcoin around $50k, but that would need panic selling which isn’t happening soon. I think we’re in a strong accumulation phase right now.
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#17Jul 16, 2017, 04:17 AM
I agree he could liquidate some Bitcoin for dividends, but he’s not trying to crash prices to buy low. That’s not his style or his business model.
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tom.yieldNewbie
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#18Jul 16, 2017, 04:37 AM
2026, and some folks still trust every word from these former Bitcoin skeptics? Come on, if they see Bitcoin's potential, they should know better.
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#19Jul 16, 2017, 07:31 AM
Not new for them to try driving prices lower. It’s a common tactic to benefit themselves, just like some big names and politicians do.
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0xHodlerMember
Posts: 285 · Reputation: 42
#20Jul 16, 2017, 01:11 PM
I don’t see what the big deal is. They consistently buy, regardless of market dips. If Saylor sells, it’s going against his whole ‘never sell’ mantra.
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