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+--- Thread: MicroStrategy buys ~150m worth of Bitcoin (/showthread.php?tid=6237370)
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MicroStrategy buys ~150m worth of Bitcoin - continentbender - Mar 27, 2023
Looks like they payed an average of $23,238 per bitcoin
Saylor now owns 1 out of every 151 bitcoin
https://twitter.com/saylor/status/1640325496654143488
RE: MicroStrategy buys ~150m worth of Bitcoin - Cryptomix - Mar 27, 2023
Great, he is a smart man =)
RE: MicroStrategy buys ~150m worth of Bitcoin - SUI-3183372 - Mar 27, 2023
(Mar 27, 2023 12:25 PM)Cryptomix Wrote: Great, he is a smart man =)
I'd be wary of calling him smart
RE: MicroStrategy buys ~150m worth of Bitcoin - shreder - Mar 27, 2023
KNEEL before your new CEO and Owner of Bitcoin.
RE: MicroStrategy buys ~150m worth of Bitcoin - Maskin - Mar 27, 2023
Microstrategy will do well with their investments.
RE: MicroStrategy buys ~150m worth of Bitcoin - shreder - Mar 27, 2023
(Mar 27, 2023 02:14 PM)Maskin Wrote: Microstrategy will do well with their investments.
https://www.blockchaincenter.net/en/there-is-no-second-best/
![[Image: 079c1fe52efe7e5e3499f4c03a931694.png]](https://i.gyazo.com/079c1fe52efe7e5e3499f4c03a931694.png)
RE: MicroStrategy buys ~150m worth of Bitcoin - Maskin - Mar 27, 2023
(Mar 27, 2023 02:19 PM)shreder Wrote: https://www.blockchaincenter.net/en/there-is-no-second-best/
You have to look at the big picture. I don't believe Ethereum is designed to stay relevant for decades.
RE: MicroStrategy buys ~150m worth of Bitcoin - shreder - Mar 27, 2023
(Mar 27, 2023 03:02 PM)Maskin Wrote: You have to look at the big picture. I don't believe Ethereum is designed to stay relevant for decades.
You are certainly correct Ethereum is designed to stay relevant for millenniums, intertwined with the very fabric of human v machine.
RE: MicroStrategy buys ~150m worth of Bitcoin - Maskin - Mar 27, 2023
(Mar 27, 2023 03:09 PM)shreder Wrote: You are certainly correct
Thank you.
RE: MicroStrategy buys ~150m worth of Bitcoin - shreder - Mar 27, 2023
(Mar 27, 2023 03:26 PM)Maskin Wrote: Thank you.
You are welcome.
RE: MicroStrategy buys ~150m worth of Bitcoin - shreder - Apr 23, 2023
Looks like we are seeing a growing divide in the Bitcoin community, once they kick out the deluded maxi's it might get better.
RE: MicroStrategy buys ~150m worth of Bitcoin - ▀█▀ █ ▀█▀ ▄█▀ - Apr 23, 2023
(Mar 27, 2023 02:19 PM)shreder Wrote: https://www.blockchaincenter.net/en/there-is-no-second-best/
This is retarded if you adjust for market cap/risk. If microstrategy bought shiba at the right time or doge, it would worth much more also.
Obviously holding a smaller asset bears more gains with more risk. You are assuming ETH is better therefore the investment seems obvious and thats kind of dumb and biased? If you forget the fact its eth vs BTC and just look at it risk adjusted that page and your point is retarded.
Let me give you another example, Microstrategy buying S&P vs buying tesla in 2020?? See the point?
RE: MicroStrategy buys ~150m worth of Bitcoin - shreder - Apr 23, 2023
(Apr 23, 2023 03:36 PM)▀█▀ █ ▀█▀ ▄█▀ Wrote: This is retarded if you adjust for market cap/risk. If microstrategy bought shiba at the right time or doge, it would worth much more also.
Obviously holding a smaller asset bears more gains with more risk. You are assuming ETH is better therefore the investment seems obvious and thats kind of dumb and biased? If you forget the fact its eth vs BTC and just look at it risk adjusted that page and your point is retarded.
Let me give you another example, Microstrategy buying S&P vs buying tesla in 2020?? See the point?
ETH has no risk and is bigger than Bitcoin. I wouldn't put it past the guy aka Michal sailor to figure this out. Considering he thinks BTC hash rate is comparable to Litecoin. Does not even understand the difference between SHA-256 and Scrypt. Can't wait till he owns 1 out of 10 BTC.
![[Image: 28ffc10f09451aef5f14fa3c98d8807e.png]](https://i.gyazo.com/28ffc10f09451aef5f14fa3c98d8807e.png)
RE: MicroStrategy buys ~150m worth of Bitcoin - ▀█▀ █ ▀█▀ ▄█▀ - Apr 23, 2023
(Apr 23, 2023 03:44 PM)shreder Wrote: ETH has no risk and is bigger than Bitcoin. I wouldn't put it past the guy aka Michal sailor to figure this out. Considering he thinks BTC hash rate is comparable to Litecoin. Does not even understand the difference between SHA-256 and Scrypt. Can't wait till he owns 1 out of 10 BTC.
“ETH has no risk”. — if you believe that then obviously that point you made is a real zinger and that is a dub. Not worth debating that further
“and is bigger than Bitcoin” Incorrect, can you provide facts. I can, the BTC market-cap is more than double?
Surely a more honest statement would be: bitcoin is bigger for now but ETH is superior and will eventually be the dominant coin in use-cases, market value and public sentiment?
RE: MicroStrategy buys ~150m worth of Bitcoin - shreder - Apr 23, 2023
(Apr 23, 2023 04:03 PM)▀█▀ █ ▀█▀ ▄█▀ Wrote: “ETH has no risk”. — if you believe that then obviously that point you made is a real zinger and that is a dub. Not worth debating that further
“and is bigger than Bitcoin” Incorrect, can you provide facts. I can, the BTC market-cap is more than double?
Surely a more honest statement would be: bitcoin is bigger for now but ETH is superior and will eventually be the dominant coin in use-cases, market value and public sentiment?
Ethereum is dominant in every aspect by huge margins, even one of the biggest ones listed on the Bitcoin whitepaper which states that transaction fees will become the primary source of incentives for the miners to stay honest.
![[Image: 6a6f678d29473222e93e7c854815b5eb.png]](https://i.gyazo.com/6a6f678d29473222e93e7c854815b5eb.png)