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$200K Bitcoin: Michael Saylor Explains the Lagging Price and How We Will Get There

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Over the past couple of years, Bitcoin has been in the hands of investors lacking long-term conviction. Now, many of them are taking the opportunity to exit the market. But Saylor believes Bitcoin’s price won’t stay low for long, as a new wave of investors is entering through ETFs and Bitcoin treasury companies like Strategy and MetaPlanet.

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34 COMMENTS

  1. First of all, I’m worried about North Korean hackers, and wants to become a quantum computers,
    And I think it’s still too complicated for average Joe to get into bitcoin process…(and feel secure)😅

  2. There have always been traders for every asset and equity. Do you actually know of anyone who bought 10,000 shares of Microsoft or Apple or Amazon or Intel during their first year of existence, and have never sold a share since ? People tend to take profits at some point, unless they completely forgot that they even own their shares. Does anyone know of anyone who bought $10,000 worth of Bitcoin in 2012 and has never sold any???

  3. Michael Salor just needs to convince more wealthy people to dump their fortunes on Bitcoin because they are the best and elites. Such bullshit brainwashing stroking egos and unlocking investor cash vaults to buy bitcoin.

  4. bitcoin is the worst crypto though…..its almost completely pointless im pretty sure 90 percent of all crypto transactions takes place using other cryptos……

    i wish bitcoin would stop taking up so much market cap, and people would use a better crypto as the "main" currency instead.

    the only reason bitcoin is so high is that is the only crypto most people in the world knows…

  5. Funny enough most btc is in the hands of micro strategy. It's a pyramid scheme. Totally unnatural to speculative investing. They bought btc and need to sell it to you to make profit. Go buy any utility coin and make way more than a sub 1x return

  6. Imagine if every single BTC were lost except for one (hypothetical: all the BTC were acquired and the access key loaded on a single cold storage thumb drive that was thrown into the fire). How much do you think people would value that one remaining coin?

  7. I'm waiting to hear the news that the CIA invented bitcoin to get everyone interested in cryptocurrency to make it easier to push there central bank digital currency agenda..
    I really hope I'm wrong but I have a funny feeling it's not.

  8. i dont understand the appeal in Bitcoin, way too expensive to make any transactions. For instance, all I wanted to do was withdraw $80 of bitcoin just for me to find out that it would cost me $56 in fees to do so, what nonsense is that crap?

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