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RE: So how did Microstrategy get $425 million into BTC without moving the price?

in LeoFinance4 years ago

78k off-chain transactions? wtf is an 'off-chain' transaction? Sounds like buying off exchanges to me, lol. Obviously any market-maker can acquire Bitcoin without moving the price because users just sell into the buy order.

Still it's very curious why he would use that language.

off-chain transactions

Why even bother making a nothing statement that just poses more questions?
Very strange.


~~~ embed:1306663392187383808 twitter metadata:Q3J5cHRpY1RvbXx8aHR0cHM6Ly90d2l0dGVyLmNvbS9DcnlwdGljVG9tL3N0YXR1cy8xMzA2NjYzMzkyMTg3MzgzODA4fA== ~~~

Apparently Twitter and I concur.

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There you go. Nice sleuthing!