{"id":22744,"date":"2023-05-19T22:00:36","date_gmt":"2023-05-19T22:00:36","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/05\/19\/michael-saylor-is-bullish-on-bitcoin-by-sceptic-on-all-other-crypto\/"},"modified":"2023-05-19T22:00:36","modified_gmt":"2023-05-19T22:00:36","slug":"michael-saylor-is-bullish-on-bitcoin-by-sceptic-on-all-other-crypto","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/05\/19\/michael-saylor-is-bullish-on-bitcoin-by-sceptic-on-all-other-crypto\/","title":{"rendered":"Michael Saylor is bullish on Bitcoin by sceptic on all other crypto"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/andre-francois-mckenzie-vh7U_Z75L3U-unsplash1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/andre-francois-mckenzie-vh7U_Z75L3U-unsplash1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/andre-francois-mckenzie-vh7U_Z75L3U-unsplash1-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/andre-francois-mckenzie-vh7U_Z75L3U-unsplash1-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/05\/andre-francois-mckenzie-vh7U_Z75L3U-unsplash1.jpg\" alt=\"michael saylor bitcoin most secure asset\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Michael Saylor reiterates his bullish view on Bitcoin.<\/li>\n<li>MicroStrategy Inc presently has about 140,000 BTC.<\/li>\n<li>Bitcoin has misplaced practically 10% from its excessive in April.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">Bitcoin<\/a> has misplaced practically 10% in current weeks however the pullback is solely a chance to construct a place so far as Michael Saylor \u2013 Chairman of MicroStrategy Inc is involved.<\/p>\n<h2>Saylor is sceptic on other cryptocurrencies<\/h2>\n<p>Interestingly, his bullish view is explicit to bitcoin solely whereas he stays \u201csceptic\u201d on other cryptocurrencies within the midst of regulatory uncertainty. Speaking with <a href=\"https:\/\/www.cnbc.com\/video\/2023\/05\/19\/microstrategy-michael-saylor-crypto-growing-pains.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a> right now, Saylor stated:<\/p>\n<blockquote>\n<p>I feel bitcoin has discovered the underside, the leverage is out of it, we&#8217;re on a bull run. BTC is the one commodity the SEC received\u2019t regulate. I feel the way in which is clear for bitcoin to rally from right here.<\/p>\n<\/blockquote>\n<p>Earlier this month, the U.S. Federal Reserve signalled a \u201c<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-05-03\/fed-raises-rates-by-a-quarter-point-and-hints-at-possible-pause\" target=\"_blank\" rel=\"noopener\">pause<\/a>\u201d which may very well be a tailwind for BTC transferring ahead as easing financial coverage is recognized to see traders make riskier bets.<\/p>\n<p>MicroStrategy Inc presently has about 140,000 bitcoin purchased for a complete value of roughly $4.17 billion.<\/p>\n<h2>Why else is he holding bullish on bitcoin?<\/h2>\n<p>Saylor is satisfied that the <a href=\"https:\/\/www.theguardian.com\/business\/2023\/may\/04\/us-banks-failing-pacwest-western-alliance\" target=\"_blank\" rel=\"noopener\">recent bank failures<\/a> and the regulatory uncertainty surrounding cryptocurrencies will work in favour of the bitcoin contemplating its popularity because the secure haven.<\/p>\n<blockquote>\n<p>Bitcoin is probably the most safe community, probably the most safe asset. You\u2019ll see a constant circulation of capital flowing from the remainder of the crypto ecosystem to bitcoin.<\/p>\n<\/blockquote>\n<p>Other causes cited for the bullish view on BTC embrace the \u201c<a href=\"https:\/\/www.investopedia.com\/terms\/l\/lightning-network.asp\" target=\"_blank\" rel=\"noopener\">Lightning Network<\/a>\u201d \u2013 a protocol layered over bitcoin that he\u2019s satisfied has the potential to be a disruptive fee community.<\/p>\n<p>Also on Friday, Anthony Pompliano additionally <a href=\"https:\/\/cryptonews.net\/news\/bitcoin\/21011727\/\">said<\/a> that bitcoin was just like the world\u2019s greatest insurance coverage firm.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/michael-saylor-bitcoin-most-secure-asset\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Michael Saylor reiterates his bullish view on Bitcoin. MicroStrategy Inc presently has about 140,000 BTC. Bitcoin has misplaced practically 10% from its excessive in April. Bitcoin has misplaced practically 10% in current weeks however the pullback is solely a chance to construct a place so far as Michael Saylor \u2013 Chairman of MicroStrategy Inc [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[20,539,24,1273,645,6981],"class_list":["post-22744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bullish","tag-crypto","tag-michael","tag-saylor","tag-sceptic","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/22744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=22744"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/22744\/revisions"}],"predecessor-version":[{"id":22745,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/22744\/revisions\/22745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/22746"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=22744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=22744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=22744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}