MICROSTRATEGY CLASS ACTION LAWSUIT
SELL SELL SELL SELL
This has got to be the easiest win for Saylor unless they put a corrupt judge to try to fuck btc over.
coked out con artist with female voice claims Bitcoin is a store of electricity
investors give him billions
Its not like they didnt deserve it
This isn't about customer funds or tax evasion or any of that crap. The feds are specifically shutting down defi and btc is a threat.
this is just fud
These lawsuits happen all the time in the bitcoin mining space. I think I've only seen one successful one against bitdigital. Hut and marathon have beat them. Bitfarms is currently going through one.
I tried warning people he was going to kill Bitcoin one way or another. People need to start figuring out what the best replacement is and get in early. Bitcoin is never reaching a million in its lifetime unless it totally replaces fiat (not happening and we all know it, it doesn’t work as a currency) or fiat becomes so inflated it’s worthless. Even if Bitcoin takes golds market cap you’re looking at a maximum of $400k-800k.
His strategy was a loser from the start but I didn’t expect it to fail this soon. I wanted to short his company which is currently valued at like 4x it’s Bitcoin holdings.
Microstrategy is the new Tesla.
It's crime season. Literally Saylor and Trump will just call the judge and pay him off with some bitcoins.
As a Bitcoin Maxi, I hope the lawsuit goes through.
It could be another price drop for BTC like when FTX collapsed. If you know how Bitcoin works, it’ll bounce back anyway, but we’ll get super cheap BTC for a few months.
hey champ, btc is not mstr
seconded. saylor and his disciples are as toxic to bitcoin as all of the others before them
The thing is if the price drops enough i think people will just move on to something superior and BTC won’t recover, it might be something that’s not even on the market yet or the government will enforce a CBDC. Bitcoin does not scale well and we are already extremely close to the point of mining and transaction times being a huge problem. It’s not a perfect solution or even really close, unless it does a hard or soft fork to fix the issues why wouldn’t people bet on a superior solution?
to get to a $21T market cap, bitcoin needs to take over $900T of fiat
are you stupid?
He needs to get a return on investment it's not breaking the ceiling anytime soon
No one in the crypto space has come close to flipping BTC. ETH had a solid bull run for a few years there, but it’s lost all forward momentum at this point and hasn’t won over mass institutional adoption the way BTC has. Other than that’s what’s there? Chainlink is stagnant, XRP will take a dozen different factors going right before they can get massive adoption, and Solana just serves as casino chips for shitcoins.
I just don’t see who’s on a path to flip BTC even if MSTR implodes. Like I said, if MSTR collapsed, BTC would take a temporary hit but bounce back in less than a year.
The lawsuit is borderline baseless compared to the one that bitdigital lost.
Normies don't understand the symbolism of putting the face of the last bubble as the face of the current bubble.
XRP literally flipped BTC in the past.
Cope and seethe.
Protip pal: I hold XRP too.
But betting on XRP to gain mass adoption is like betting on a boxer to win by knockout in the 7th round. It’s a long shot, but it’ll have a huge payoff if it works.
I hold XRP too
Doubt because you'd otherwise realize it's the ONLY thing that can sustain mass adoption.
Nothing else is efficient or offers the actual cost savings that the world payment system desperately needs.
It's quite literally the only useful operation in all of crypto that is physically capable of mass adoption.
If you do hold it, it's by luck and you haven't figured much out yet.
I don’t care if you believe me or not, I have nothing to prove to you.
is this what cripples actually believe kek.
Why do you have a different ID every post while pretending to own XRP and while also (legitimately) having no clue what you are holding?
sell all my MSTU during pre market
see this thread
"fucking finally, I did something right"
MSTU is pumping
Go figure.
It's what I as a business man who does cross border payments and also accepts direct retail payments all day everyday thinks.
BTC...think for a minute...nothing else can handle the tx volume and ACTUAL COST SAVINGS to be implemented in a business environment.
You realize that payment processors worldwide are taking 3-5% off the top of EVERYTHING right now?
For doing nothing.
And "mass adoption" means that $5+ per tx makes BTC more expensive than other options until you spend nearly $2000.
XRP Ripple Chads are actually in business. This is one reason Anon Babble hates it (doesn't understand it) so much.
MSTR is a game of chicken. The profits are nice now, but everyone is looking to exit once BTC shows weakness. If Saylor is actually participating in any illegal activity (high chance) then you will see a 90% crash in a single day - no time to sell.
Im mobile posting and its doing it automatically
Sounds fake and gay. Are you in some dystopian commie shithole and your phone is jumping between thousands of 5g towers all within 30 yards of your person?
Good luck with that.
Anyway. I'm installing BitPay right now as a test just to see what the deal is and guess what? Bitpay charges an EXTRA fee if you use BTC to cover the network charges.
kek
So to pay in BTC, using the world's most popular crypto pay app the published costs here are 1-2% of the total + .25 per transaction + TIP FOR THE MINERS.
So basically, no one is going to use this. When RipplePay rolls out broadly we'll be looking at .25% tx fees and the world can heal.
DO NOT BUY
thanks, got 0.2 btc
Eat my ass retard
The tears and seething from the .50-2.50 run up last year will be nothing.
I wanted to short his company which is currently valued at like 4x it’s Bitcoin holdings.
No it isn't.
kill Bitcoin
if only you knew how fucking retarded that sounds
but you are technologically illiterate
currency
Medium of Exchange is a trivial use of money as transactional use carries little term risk, see: fiat value over time versus gold, BTC, equities. The chunky part of Money is the Store of Value, Unit of Account demand, as these demands can't be met by anything but an abstraction like money. BTC is a quantum leap in these properties of money, fixed in supply, stateless, trustless, transparent ledger etc etc.
mcap of gold
@$1m BTC only needs $164bn in annual inflows to offset current subsidy. To put BTC into perspective: $270bn of gold is mined every year, gold market needs $270bn in net inflows every year just to tread water (~$250bn sans all functional use). Bitcoin subsidy halves every 4yrs, so net nominal inflows necessary to support a given price also half every 4yrs.
The thing is if the price drops enough i think people will just move on to something superior and BTC won’t recover
captcha: PN888
BTC is a quantum leap in these properties of money
Sorry to tell you, but store of value is now irrelevant as money is concerned because once claims are tokenized you will be able to hold tokenized (whatever) and then immediately convert in microseconds to the payment and value tx part and then back into something else.
Fixed supply is all that matters so that people can't middle man steal everyone's purchasing power.
Most of the importance of money storing value has been removed entirely at this point.
Money facilitates trade and being a store of value previously helped to facilitate trade.
Not anymore because everything is digital now.
Only limited supply matters.
Selfishly, same. Although i really like Mike Saylor and his evangelism and i would worry that MSTR failing would be terrible optics for btc but i have faith it would recover.
He's already been convicted of fraud some time ago. You really think a leopard can change it's spots?
Didn’t we give XRP schizos a containment thread?
You didn't "give" shit.
Literally up today
Shit the fuck Up
Bitcoin is dead.DEAD
sorry for your loss
bsv shitcoiner
Hey loser, daily reminder that no one is going to use your shitcoin to save you payment processing fees. If you had leverage over your customers, you could already require low fee payments like debit cards, but you’re a powerless bitch to your customers so you’ll continue to eat CC fees while the chadsumer enjoys free revolving credit, unmatched buyer protections, and 2-5% cash back on every purchase
saylor created a super jewish finanacial scam, and his eventual failure will put "saylor scheme" in the dictionary, just like Ponzi.
I understand this very well because I take 2 million in CC payments yearly.
The problem is that people like me, and the millions of people actually taking payments, will be able to offer lower prices and counteract the scam.
The "points" are a desperation attempt to pay off consumers. But they aren't in charge and the "points" only buy you things from other shit operations.
People prefer money over points. Nothing you can do as a retard not in business can stop this.
i'm predicting his scam to fall apart in the next crypto bear market 2026
will be the FTX like story of the cycle