Bitcoin MISTAKE | Does Michael Saylor REGRET Bitcoin Buy? Michael Saylor is under a tonne of pressure over the last month regarding his massive bet on Bitcoin through Microstrategy. Microstrategy has poured billions of dollars into Bitcoin over the last 9 months - however with Bitcoin and equites falling, Michael Saylor is under pressure. In this Michael Saylor interview he gives a Bitcoin prediction and if he regrets or considers the Bitcoin buy a mistake.
The falling price of Bitcoin, combined with the dip in equity markets has seen the Micro-strategy share price plummet over 50% in less than a month falling from just under $1300 dollars to $620 dollars at the time of this recording. Saylor has been labelled irresponsible, reckless and rash by various economists and CEOs.
Michael Saylor is the CEO of Microstrategy and he and Raoul Pal have been spearheading the Bitcoin investment wave by institutions which have defined the 2020 / 2021 Bitcoin / Cryptocurrency bull-run.
Coindesk recently had Michael Saylor on their show to discuss if he REGRETS his huge bet on Bitcoin and if his huge buys were a MISTAKE given the last month that has unfolded.
CREDITS: To watch full 1 hour interview with Michael Saylor and subscribe to their channel check out Coindesk here:
TIMESTAMPS:
0:00 Introduction - WATCH WHOLE VIDEO!
1:15 Why Michael Saylor is under FIRE
2:11 Was agressive Bitcoin purchase a MISTAKE?
3:25 WHY Microstrategy bought BITCOIN instead of clearing liabilities
4:56 Microstrategy Bitcoin Strategy
5:39 Should you SHORT Microstrategy!?
8:09 Michael Saylor defends Microstrategy stock price premium
9:11 Does Michael Saylor REGRET huge Bitcoin purchases?
10:10 Arguing FOR Michael Saylor
10:43 RECENT Bitcoin Data and Analysis! On-chain Support!
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Why Ethereum will CRUSH Bitcoin: ETH vs BTC, Crypto News:
Make sure to stick around to the end of the video where we take a look at some recent Bitcoin data that suggests where the Bitcoin price is likely to go from here.
#Bitcoin #MichaelSaylor #Microstrategy
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