One more bad news for crypto

[awesomewebsites]

https://www.thehindu.com/sci-tech/t...ostrategy-as-losses-widen/article65720448.ece

 

[SocialManager]

I was just thinking about this the other day when Vitalik called him out. The power and influence of Microstrategy is too much. They could literally cause hundreds, maybe thousands, of deaths and wipe out generations of family wealth in the blink of an eye. And for them it would just be a business decision.

We have no power here. Just gotta sit back and always have a back up plan.

 

[alurosu]

I guess sometimes is better to just shut up, lol. He had it coming

 

[azen]

"an average carrying amount per bitcoin of approximately $15,326"

they are good for the moment

 

[Elvlin]

i don't think it's bad news. it's crypto winter.
and not like microstrategy close down.

 

[azen]

price is cheaper, they can buy more bitcoin

 

[Hawkeye Digital]

They are manipulating the market , they are the big whales !

 

[ADA Lovelace]

LOL. This guy looks no further than Bitcoin and thinks everything else is a scam.

If it were up to people like this, there would be no future in cryptocurrencies.

These types of Bitcoin maximalists are a clear example of how toxic a certain part of the community has become.

 

[Prime Services]

This aint a bad news , nothing changes fundamentals are still the same for BTC and ETH . Long but bumpy road ahead .

 

[kalpana007]

I was just thinking about this the other day when Vitalik called him out. The power and influence of Microstrategy is too much. They could literally cause hundreds, maybe thousands, of deaths and wipe out generations of family wealth in the blink of an eye. And for them it would just be a business decision.

We have no power here. Just gotta sit back and always have a back up plan.

That is the power of whales and they are the biggest price moving factor in crypto world.

 

[ResiProxies]

Big whales will always make even more money since they have the power to manipulate no matter what.