MicroStrategy CEO Michael Saylor joins ‘Squawk Box’ to discuss crypto prices and break down what’s driving volatility.
source
It's clear that bitcoin is winning, gold is losing: MicroStrategy CEO Michael Saylor
MicroStrategy CEO Michael Saylor joins ‘Squawk Box’ to discuss crypto prices and break down what’s driving volatility.
source
<<I respect your work mate, B T C appear bound for high volatility as several on-chain metrics suggest that buying pressure is accelerating. Still, these cryptocurrencies must overcome one obstacle to resume the uptrend because you are pointing people in the right direction, It is manipulated but that can be a good thing if you understand it. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. but all thanks to Adam Joel for his amazing skills for help me to earn 16 BTC through trading tips……
At 3:30 he says the USD will take over numerous currencies. That's where his argument fails …. the USD is the currency that is getting replaced and will no longer be the world reserve asset. In a cashless world, physical gold is the only asset which can escape digital surveillance. We are very close to the beginning of the 40 year credit bubble. Look at a chart of the 10 year bond yield from 1980 and see if you can notice a trend. Interest rates cannot go up because the government cannot service the debt. Hyperinflation of the dollar is coming. My bet is on freedom from surveillance and 5000 years of history. My bet is on gold.
For God so loved the world that he gave his one and only Son,
that whoever believes in him shall not perish but have eternal life.
– John 3:16
1:00 “if you want to avoid inflation build everything out of 24 karat gold and it won’t go up in price” now i know why michael saylor wears a platinum rolex, because he likes watches that are made of materials that drop in price
when gold is hated, time to buy gold
He literally gets it!
Bitcoin price nearly new high while his firm's stock price(MSTR) still 70% of peak==this is a problem: The best bitcoin stock play is not MSTR for sure: bitcoin plays: COIN/MARA/RIOT/SI/MSTR–in order of descending…
I have about 5% of my portfolio in Uranium bitcoin any advice on any other Crypto currency that I can grow my $300k capital to a million dollars?
BTC is 1 of the reason inflation is so high, teaches people they don't have to work just buy and it goes up aka a PONZY SCAM. BTC is used for laundering all the underworld MONEY cleaning it for no one ask where they got the BTC. BTC is bad for the environment for it consumes to much POWER to be created, No POWER NO fake digital asset. with all the electric being consume phones cars houses times that across the GLOBE OIL goes to $300.00 the cost of electricity will triple in the USA causing massive destruction on the USA GRID. remember everyone is trying to dethrone the Empire it's only time that you have 5 number 1 all competing for the number 1 spot. the lost city of Atlantis sunk cause it craved POWER on a scale that the Universe won't and can't allow it for it consumes does not create sustain POWER. BTC is a SCAM.
Bitcoin to 1000000000000000000Trillion this cycle!
CARNOMALY 2022
Universally acknowledged …..lmao lol…….he is high definitely…
Run the company dude….improvise and compete with mstr competitors….we don’t need you to invest shareholder money….that’s a job of a investment advisor
Ha ha ha….funny guy
Michael really knows how to explain himself about BTC on the national TV… from the point of gov, regulations and general public… he is politically smart and right!!! He can really bringing the benefits/advantage/value of BTC highly!!! Respect!!!!
Saylor is spot on. The evolution for the hardest money continues. It use to be gold, but now it's Bitcoin due to its true fixed supply, better portability, improved fungibility, plus decreased transportation and security costs. Buy what you can, when you can.
Newbies usually undermine and neglect the importance of technical analysis with regards to trading. technical analysis overly predicted the movement of assets price regardless of what is happening in wider and broad market, Essentially the procedure involves studying the the paths of particular asset movement in the past so as to establish a sustainable pattern that can be used to learn future movement of an asset. Doing technical analysis can be quiet different which is why newbies/traders neglect day trading their coin and stick to holding which is very dangerous as when the market goes bearish or bullish , advice any newbies to buy the dip and to seek help from not just any traders but an establish trading expert with at least 96 % trade accuracy. Having met Prof Greg Darrell I don’t have to bother if the prices are going bullish or bearish.
Bitcoin has no intrinsic value. It is used in nothing. It has no industrial use. What kind of idiots are you?