BREAKING: BILLIONAIRE MICHAEL SAYLOR JUST SAID LIVE ON CNBC THAT STRATEGY WILL BUY ALL 1,000,000 #BITCOIN LEFT TO BE MINED DIGITAL CREDIT WILL ABSORB THE "ENTIRE SUPLY" THIS WILL CONTINUE "FOREVER" HE WILL BUY 2,000,000 BTC. INSANITY 🚀

CNBC's pro-bitcoin guy thinks the supply is 121 million... We're so early.

didn't catch that 😂

@GraemeMoore Saylor didn't even correct him

@pete_rizzo_ We’re so, so early

Its $21 million @JoeSquawk not $121 million. You said it more than once. Facts matter.

Unfortunately for him there are futures markets. Also unfortunately for him, buying so much Bitcoin centralises the network and puts many off owning it.

You heard it here first on Squack box. Bitcoin's max supply is 121 million..😂😂

This is definitely not a good sign... If it will be concentrated in the hand of one person, he will abuse his power down the line

For real, who would want to own an asset as a "generational store of value" of which an entity (dominated by Saylor) owns at least 10% (2/20, because Satoshi's BTCs will never move), and most realistically 12.5% (2/16, considering the BTCs that have been lost already)? Ridiculous.

Saylor sucking up all the sats bro. Thanks @scottmelker

Btc bros are forgetting about the demand part of supply and demand. If he has too much people will move to other cryptos

Not every one. I got miners going. I’m gonna get one block.

he is going to get so filled in. absolute toxic waste. no way this can be financed at 12%. returns over last 5years 4%. one big correction and its curtains for him and investors. the fact he cannot keep it up even with so much buying is really telling

Saylor’s view is simple. Bitcoin does not need perfect sentiment to move, it needs supply absorption and enough sidelined capital realizing it waited too long.

That remaining 1M Bitcoin will take 100 years to mine. If Saylor REALLY wants to help Bitcoin, he needs to buy the entirety of TODAY'S liquid supply.

The math doesn't work. Two million Bitcoin exceeds the 21 million cap by over 9 percent, and that's before accounting for coins already lost to dead wallets. Saylor's talking aspiration, not feasibility.

121 million now lol fake news

Then it is not worth anything because no one is holding and using it. How would a entity buying up all the supply a good thing for the eco system.

Is the entire world STUPID enough to continually let Saylor scoop up all of the Bitcoin? MSTR will become an absolute MONSTER!!

Education time Bitcoin is going down. Numbers don’t lie.

The Sailor Financial Pyramid will collapse, devaluing Bitcoin and 90% of crypto. And the tokenized stock market will take over all this crap. Is that the plan?? 😁

Why is he promoting it to be BTC? It should be called Saylor coin then 😂🤣

Thus alienating every other buyer who wants to buy BTC, forcing them to buy something else……. What does that do to the price?

I can't help but feel this is not what Satoshi had in mind. It's sad really

This guy is ruining Bitcoin day by day

🐂- shit

So it’s CNBC which is propaganda/disinformation. So this guy is likely trying to pump Bitcoin and sell it fast. It’s a retail trap.

If one person owns the majority of the Bitcoin and doesn't sell, the price will never go up.

So it becomes worthless pretty much. Cant wait till that clown gets liquidated

The stock has been garbage to say the least.

1M BTC left and companies already talking like it’s a land grab

Boom …. at some point the rest of the world will wake up to the Supply & Demand element of BTC and price accordingly.

The more BTC MSTR buys, the less valuable it becomes. When MSTR owns 100% of the Bitcoin it will be worthless.

Get educated. 🧠

y eso es bueno para btc? digo, teniendo en cuenta que con el tiempo la mayoría va a pertenecer a una persona, eso le dará mas valor? esta persona, seguro podrá garantizar que bitcoin no se involucrara en eventos que favorezcan sus intereses. Garantizarlo será difícil

saylor talks like treasury management escaped containment