Why is BTC dumping?

This guy will be putting in a $400M buy wall next week. Square and PayPal are continuing to buy like crazy. GBTC will be getting inflows from Guggenheim

Attached: chadsaylor.jpg (400x400, 18.98K)

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microstrategy.com/en/company/company-videos/microstrategy-announces-proposed-private-offering
twitter.com/NSFWRedditImage

Did he actually say when he was gonna buy?

Maybe because 18 million worth of Bitcoin are mined everyday you fucking idiot. 400 mil doesn’t mean shit when 6.5 billion usd worth I’d mined every year. Do you honestly believe there is 6.5 billion entering the market every year!!! NEWS FLASH IT ISNT

this dude was convicted of pump and dumping microstrategy back in 2000s lol

Because it this guy is a retarded degen.

First, this is the double top. He bought the top.

Second, this kind of gains cannot be attained by just buy and hodl.

>this dude was convicted of pump and dumping microstrategy back in 2000s lol
All I can find is something about inaccurate financial reporting. Sounds totally different than what you are saying

Why did he buy in so fucking late he had 3 years

inaccurate financial reporting? stop coping kid, they lied about profits to pump his stock lmao

he's buying with his fund (other people's money)
who do you think is the seller? anonymous OTC trade (his personal wallet)
this is him cashing out at the top. now he just has to sit on his fund for a few years and be "whoops, that didn't work out, sorry guys", then go be a billionaire somewhere else or run a new scam if that's how he gets his kicks

I read somewhere that he already cashed out 50 mil with this shit, so who cares if it dumps