Buddy i would say its a big news in postive way when any millioner come on social media and admit the statement they have invested thier big amount into BTC this thing bring trust in other people. Which makes BTC more adoptable and trustable. By seeing these kind of news somehow other organizations also approach to invest thier funds in BTC.

These things makes hight demand of btc which also cause increase in price. This news also relates to bull run for next year because when any know millioner or billioner personalities admit these kind of statement officially that makes positive cahnges in market.

Is this good for Bitcoin? Let's forget for a moment the positive impacts on bitcoins whenever Microstrategy buys Bitcoin and think for a moment to think overall for the community if this is bad for one entity to hold so much Bitcoin. I looked through the company's profile and found out that their shareholders are mostly big investment companies. Well for worth is worth, their stock price would keep increasing that way, they can get more money to buy more Bitcoins.

Micro Strategy won't buy Bitcoin forever, they will sell it to take profit or just to take part of their investment capital back when they need cash for their business.

More details of Micro Strategy investment history in Bitcoin.

They got more new capital from investors and they used part of those new capital to buy bitcoin. If their new capital flow is broken, they will stop or reduce their intensity of Bitcoin buying and they will sell in either of possible scenarios aforementioned, taking profit or needing cash.

Honestly, I don't really understand the correlation between BTC price and Microstrategy buying BTC. Many people say everywhere that if MSTR buys BTC it means there will be a price drop in BTC. But let's draw a straight line properly. Isn't this great news, a large institution is buying and Hodl BTC. As long as these institutions/companies buy and hodl, it means that BTC is increasingly popular as an investment which will have the impact of increasing prices in the long term. Plus BTC has limited stock and will also face the halving?

Good or bad  news is always a matter of perspective. In my view it would be better if those thousands were bought by small investors. Bitcoin consolidation in a few pairs of hand is not quite good  as it creates base for potential market manipulation with the intent to  rob the retail holders.  Holding of 158,245 BTC leaves manipulation wide open.

In fact, the Bitcoin adoption of these big whales organizations looks good. But here I see something a little different, Because the more Bitcoin adoption these whales have, the more they can try to manipulate the market.
Perhaps the adoption of Bitcoin by such a large organization may increase interest in adoption among the public, but this is how I see it. I don't think large scale Bitcoin adoption will only be good for these big institutions, but instead I think large scale people adopting Bitcoin will be a plus point for Bitcoin and the cryptocurrency industry.

I still don't understand this correlation. However, what I am sure of is that this happened naturally, where BTC had to fall in price to coincide with the MSTR buying action.


Large companies like MSTR make purchases and hodl BTC, which does not necessarily mean that their goal is to make a big profit when the value of BTC rises. We don't know for sure what MSTR's intention is to just buy and hold (in the sense of investment), or whether MSTR make it buy and hold so that later they will also adopt BTC and its technology into their company (here adopting means accepting blockchain and BTC innovation and then implementing it in the system company). Of course these two directions will have different impacts on the value of BTC in the future.

We also need to be aware that this action taken by MSTR could also backfire if BTC experiences a sharp price decline which could affect MSTR's liquidity.

I think buying bitcoin in such large quantities will give MicroStrategy a huge profit when the bull season comes, but not give us any profit. But why do people feel so happy? I agree that large institutions and corporations participating in bitcoin holdings will create more popularity for bitcoin, but if they only focus on profits and are willing to dump bitcoin when they reach their profit target. Is that still a good thing for bitcoin? And they will do it again and again, they will manipulate the market to their will, is that good?

Not that much for him, but Jesus....I'd never have to work another day in my miserable little life if I had that much bitcoin (lol). 

I'm not so sure about your assertion that Saylor's purchase is going to have an effect on the supply/demand curve.  Bitcoin has gone up a little bit since this news, but the market cap is such that there would have to be a massive, massive purchase made in order to have an effect on the price.  Plus Saylor isn't the only person or institution out there with deep pockets buying bitcoin, so I'm indifferent.

Anyone know what his endgame is as far as how much he wants to acquire?  I'm not sure if I've ever read anything about that.  The way he's going, it's like no amount of bitcoin is ever going to be enough for him.  I kind of admire that, though I still have questions about his use of MSTR's money to make the purchases--but the shareholders don't seem to mind as much as I thought they would, so presumably there's not much of an issue with that.