Saylor still scooping up coins!
https://twitter.com/saylor/status/1686468084574412800In July, @MicroStrategy acquired an additional 467 BTC for $14.4 million and now holds 152,800 BTC. Please join us at 5pm ET as we discuss our Q2 2023 financial results and answer questions about the outlook for #BusinessIntelligence and #Bitcoin. $MSTR
Total baller, but something tells me that Saylor will sell (some?) coins during the next ATH.
I just hope he doesn't dump a shit ton on everyone's heads when that time comes. He alone could move the market down considerably.
Numerology tells you?
When is that going to happen? What are the details?
And, why does Saylor feel that he needs to sell? What are the circumstances?
And does it even matter if he sells some?
20% to 50% or some other number?
When he sold and bought back in late 2022, did you consider that a "I told you so moment"?
Hope everyone is buying these sweet sweet coins.
Everyone? I am not sure.
Me? I bought some, but most of that seems to be in a kind of maintenance approach.. did not really add any buys - even though I ended up getting forced into adding buys (outside of the maintenance approach) between about June 2022 and January 2023 due to reasons... so yeah.. I think that June 2022 to January 2023 was mostly net buying.. and if you think about it, it was a pretty long time to be mostly be stuck below the 200-week moving average..
hopefully that being below the 200-week moving average does not come back very soon.. even though sure the 200-week moving average is currently already up to $27,144.. Amazing, no?
Not many more will be sold sub 30k.
I wonder.
It does seem that we should be soon leaving these prices, but I am not really going to claim to have any confidence that we will be leaving these prices soon.
What are your reasons for believing that we will soon be leaving the sub $30ks?
just a feeling?
or maybe the 4-year fractal?
or is it something else?
you talked me into buying some
Nice rebound. Well done, Sir.
yeah caught the dip perfectly. 28,875
What does it mean?
You bought the bottom Phil?
Is the bottom in?
I will agree with you that that it seems that the $15,479 bottom from November 2022 seems to be in, and I will also agree with you that the lower we go, the less likely that it seems that such a thing will happen.
but what are the odds?
lower than $28,875?
lower than $27k?
lower than $25k?
lower than $22k?
lower than $20k?
And, then if we go the other direction, what are the odds?
higher than $30k?
higher than $35k?
higher than $45k?
We need a timeline too, I suppose.