Retard thought: Saylor wants to drive the price low

[Free Market Capitalist]

If you don't know much about the subject, it's normal to have thoughts like that from time to time. What isn't normal is starting threads on the topic without doing any research at all and then acting all high and mighty when someone calls you out on it.

Just looking at here, and a bit of reasoning you wouldn't ask such stupid questions.

https://www.strategy.com/purchases

Point 1: Strategy currently holds 843,738 bitcoins.

Point 2: The cost basis vs current price is at about break even. Average BTC cost is $75.700, whereas current price is $76.500.

Point 3: Weeks with particularly strong buying activity Strategy reports 20,000-plus bitcoins bought.

Point 4: If the price drops, you’ll be able to buy at a lower price, but your holdings will lose value as well. No matter how much you buy in a really good month—say, 80,000 bitcoins—your total holdings of 843,000 will be worth much less. So, if the price falls by 50%, you will buy 80K bitcoins cheap but your total bitcoin holdings will be on an unrealized loss of 45% or so.

Point 5: It is precisely when prices fall that Strategy has the hardest time raising liquidity to make purchases.

Conclusion: you are a retard.

[Karl_3000]

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.

Point 4: If the price drops, you’ll be able to buy at a lower price, but your holdings will lose value as well. No matter how much you buy in a really good month—say, 80,000 bitcoins—your total holdings of 843,000 will be worth much less. So, if the price falls by 50%, you will buy 80K bitcoins cheap but your total bitcoin holdings will be on an unrealized loss of 45% or so.

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.

[Alpha Marine]

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?

[stompix]

Why did you post another topic because of this?

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?

everybody on that thread posted something very good except Free Market Capitalist who abused me.

Show me on this doll where he abused you!

If you are posting like this, how did you get to legendary?

Because he's not an illiterate 3 lines of text post quota merit farming shitposter.....

[Free Market Capitalist]

I did not make a conclusion about what Micheal did, it was a question.

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.

[The Cryptovator]

Point 4: If the price drops, you’ll be able to buy at a lower price, but your holdings will lose value as well. No matter how much you buy in a really good month—say, 80,000 bitcoins—your total holdings of 843,000 will be worth much less. So, if the price falls by 50%, you will buy 80K bitcoins cheap but your total bitcoin holdings will be on an unrealized loss of 45% or so.

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.

[Karl_3000]

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!

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.

Because he's not an illiterate 3 lines of text post quota merit farming shitposter.....

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.

Because he's not an illiterate 3 lines of text post quota merit farming shitposter.....

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.

[stompix]

Is it worth creating another topic for it?

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!

What I am saying is that there are many people that posted on the thread, only Free Market Capitalist posted rubbish.

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!

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.

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...

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.

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.

[Karl_3000]

A guy bankrupting his own business so he could buy coins with no money left to get rich...

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.

I did check you post history, 3 lines of text, 3 lines of text, 3 lines of text, 3 lines of text...GFY!

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.

[NotATether]

Point 5: It is precisely when prices fall that Strategy has the hardest time raising liquidity to make purchases.

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.

[SquirrelJulietGarden]

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.