Saylor's strategy: is he trying to push the price down?

If you're not well-versed in this, it's pretty common to have thoughts like that. But what's not cool is starting threads without doing any homework and then acting all superior when someone calls you out. Just looking around here, and with a bit of common sense, you wouldn’t be asking such ridiculous questions. Check this out: 1. Strategy has a staggering 843,738 bitcoins on hand. 2. The average cost per bitcoin is about $75,700, while the current price sits around $76,500, so they’re pretty much breaking even. 3. During weeks with massive buying activity, they report acquiring over 20,000 bitcoins. 4. Sure, if the price goes down, you might snag some coins for less, but your overall holdings will take a hit too. For example, if you buy 80,000 bitcoins in a good month, but your total of 843,000 ends up losing value, that’s not a win. If the price drops by 50%, your total holdings could be looking at an unrealized loss of around 45%. 5. When prices are falling, it’s actually harder for Strategy to raise cash for buying. So yeah, think twice before jumping to conclusions.

Why did you post another topic because of this? For people that does not know what happened, I asked a question about what Micheal Saylor is doing recently about telling the public that he may sell bitcoin and followed by saying he is buying bond. I gained from the thread from people like OmegaStarScream and Ambatman. It was a question that wants public opinion, not a conclusion that Michael Saylor wants to manipulate the market. Michael Saylor want to drive bitcoin price low before buying again? I know there are some people that can manipulate the market in a way that people may not know or find it hard to know, everybody on that thread posted something very good except Free Market Capitalist who abused me. He wanted to turn the thread to another thing but people did not listen to him but giving me their own opinions which was a nice thread. Free Market Capitalist is a lower brain being or probably he is affected with psychosis that might be temporarily affecting him like a mood swing. If you are posting like this, how did you get to legendary? You can know from my post history that bitcoin may increase X12 in the next 15 years. Because someone manipulate an asset to fall a little, does not mean the long term goal is not there which is store of value. I did not make a conclusion about what Micheal did, it was a question.

I always find it hard to believe that companies or individuals who hold such an amount of bitcoin would want the price to fall simply so that they can buy. Even I, who don't hold nearly as much, don't want the price to fall; how much more do people who hold 1000 btc and above, whose average cost is over $70k? What's worse is these companies buy with customers' money, either through debt financing or equity issuance, whichever way, they would want the price to increase at all times, so they can always be at a profit if they had their way. They may take an opportunity when the price dips, but it doesn't mean they want it or would choose it if they get the chance. I may be wrong, but there is not much logic in it. It was obvious that Saylor and Strategy were going to sell their bitcoin at some point. It can be 10 years, 20 years, but he was always going to sell. It doesn't mean he would sell all. For a company that focused on profit, he was not going to keep selling without taking profit at some point. Quick question: The "Acq cost ($M)", the description says "The total cost of BTC acquisition". So does that mean they've spent just over $63 million to acquire all the 843,738 btc the company holds?

Why did you get triggered so bad? You know where you are? A discussion forum, if you enter a discussion, be prepared to have your opinion challenged and if your opinion is...d'oh..."Saylor wants to drive the price low to buy moe Bitcoin", also understand that people will laugh at you! I mean, seriously,....have you thought that much before coming up with this brain-dead hypothesis? Show me on this doll where he abused you! Because he's not an illiterate 3 lines of text post quota merit farming shitposter.....

A question that shows you lack undestanding of the basics as I've tried to show and, which is clearly for you too complicated to understand. If I ask, “If I drop an apple, will it perhaps fly off instead of falling to the ground?” that question shows I lack basic knowledge—which is exactly what you’re demonstrating.

I have to say something on that. Saylor is actually accumulating Bitcoin through a DCA strategy, and that's a beneficial step so far. So when the Bitcoin price dumps, despite the unrealised loss, they are accumulating more. The price of Bitcoin won't always dump, so when the price pumps hard, then they will have big profits as well. Because, due to the DCA strategy, their average Bitcoin price becomes lower. It's true Saylor wants to buy more cheaply, but he can't control the Bitcoin price. So when dumping Bitcoin, it's good for accumulation since they want to accumulate more and hold it. We don't know when they will sell their holding, but I don't think they are going to sell at a loss. So dumping Bitcoin doesn't matter for them; rather, they consider it an accumulation opportunity.

Is it worth creating another topic for it? You did not understand me. What I am saying is that there are many people that posted on the thread, only Free Market Capitalist posted rubbish. I asked a question, he supposed to politely post his own opinion without doing as if he is superior because of his higher rank on the forum. This is not about challenging my opinion, it was a question. He should act like a literate. How can a legendary member like him did not understand what I was talking about. Did bitcoin price not later fall? Though there are other reasons the price fall. What if Saylor start buying again after fall. A simple question that a legendary member did not understand. Are you referring to me? If you go through my merit history, you will see how wrong you are. Also I am a good poster, you do not have to tell me, I know that myself.

Who the fuck do you think you are to decide who creates topics or not and their worth? Look in the mirror first, you dumb fuck! The only one posting crap here is you, the other guys in that shittopic were making quota posts, if you're too dumb to differentiate between 4 lines of mandatory text paraphrasing a post and a real opinion, you have no place on a discussion forum! Here is the thing, I'm also a legendary... I don't understand how you could spout this nonsense either! A guy bankrupting his own business so he could buy coins with no money left to get rich... Exactly, you're a merit whore quota spammer, nothing else. What should I bow to the 157 merits you earn as mercy? I did check you post history, 3 lines of text, 3 lines of text, 3 lines of text, 3 lines of text...GFY! Which reminds me, you were defending a few spammers and account farmers back a month or so ago, hmm, probably I should start looking deeper into those coincidences I mentioned at that time to see how related you are to those two.

Which means you do not know how people can be smart and understand business, you only prefer to conclude without reasoning. If the price of bitcoin fall, it will rise again. Micheal Saylor is not people like you that think like this, if bitcoin fall to $50000 today, he is wise enough to make his saving growing. You may have a lot to learn from him. But you did not check that the campaign I am require 20 posts but I posted 33 last week. I do not have to make a long post before I said what is in my mind.

It feels contradictory, but I think Saylor want to actually make the prices go high enough that their balance sheet will never be negative again. He's basically trying to speedrun building Blackrock. I think this is the endgame here. Then he can buy exchanges, miners, blockchains, etc. just like Justin Sun, but without all the questionable shady deals.

Between what he and Strategy want and what they can do or manipulate, there are a lot of challenge and big difference too. If he want to make noise to manipulate the market and force the price goes higher so that the Stratege's balance sheet won't be negative again, I don't consider it as a realistic target. Because Strategy, in my opinion, will continue purchasing bitcoins with their leveraging game, so their game will be unsafe, and it won't guarantee never-be-negative again balance sheet. By continuing their leveraging game, I feel like it only makes their Bitcoin portfolio and Strategy's finance at higher risk, risk of liquidation some times in the future.

You are wrong on this one. What strategy does is reverse DCA, not normal DCA. The company buys a lot when the price skyrockets and little to nothing when it falls. That explains why, as of today, he has a slight unrealized loss on the bitcoin purchased (valued in dollars), whereas someone who had consistently practiced dollar-cost averaging over the same period would have seen a return of well over 100%. Facts are what's important, not feelings. Yes, he's always wanted to make the prices high but he haven't been successful.

Publicizing wild conspiracies concerning company purchasers desiring colossal price decrease demonstrates complete deficiency of insight into balance sheet works. As company that has invested billions in an asset, this company depends on high prices to sustain its credit ratings and cheaply borrow through major banks. With the decline of value of asset, capacity of the company to generate new money is completely lost and company is not able to purchase additional coins even in case they are extremely inexpensive. I think that ones who develop such ridiculous stories do not realize that, in terms of game development, corporate treasury is not matter of emotions but hard math. Stunning downward price adjustment would instantly cause hysteria among stock investors, and paralyze precisely the instruments of money and credit with which position had been constructed in first place. Accumulation machine is highly dependent on market value, and this is main engine that keeps running smoothly, thus wishing to have crash would be totally counterproductive to them.

I concluded a number of times already that no matter what kind of approach I make when trying to time the market or secondguess motives, I end up... to borrow your phrasing... a retard. That's why I've long ago stopped following or trying to make sense of what people are doing. Still got my opinion on things, but only in passing and of no consequence to my own actions (namely, DCA regardless). But this forum has always attracted all sorts, including conspiracy theorists -- I think I've gotten used to it!