Topic 178336
Saylor's bitcoin buying strategy is wrong and people start to notice it.
"He always buys the top but never buys the dip".
"Buys the top, then does nothing".

I think WS is now always shorting into his buys, and successfully so lately, i might add.
His idea about bitcoin was generally correct, but the maniacal method in which he pursued it, much less correct or, maybe even incorrect altogether.
Maybe JJG can explain it to you where it makes sense in something hopefully less than ten thousand words!  Cheesy

I doubt that I know anything greater than anyone else or even that my tentative BTC price dynamic theories are more coherent than anyone else's.

Many times it is difficult to know why the BTC price is down or going through some kind of a great correction... and remember the correction that happened in the middle of 2021 (of course, you don't remember since you are a bitcoin baby (if we might call you that?) and you don't hardly have any fucking clue what is bitcoin since you are fucking around with bitcoin paper products and acting as if that crap is helping bitcoin in any kind of tangible and meaningful way, beyond giving status quo powers that be to get away with fucking around with BTC market prices).. but anyhow, the mid-2021 correction was slightly more than 50% that lasted for several weeks, and sure there were explanations for such correction, yet at the same time, it was not even clear why such correction was happening, and it is still likely not clear (or uncontroversial) in regards to whether the underlying froth that was discovered in mid-to-late 2022 ended up contributing to why we had such a large correction in mid-2021.. Of course, there was the China bans mining ramifications in mid-2021, too... yet the overall point is that it can be quire challenging to figure out the where, whys and whats might be contributing towards the duration and/or the intensity of any particular BTC price correction.

Saylor/MSTR are not insiders, and it surely does appear that insiders are mustering up resources and propaganda to undermine Saylor/MSTR and to simultaneously attempt to undermine bitcoin confidence through bullshit proclamations about supposed OGs selling their bitcoin, when in fact the selling is likely coming from various kinds of concerted (or maybe not completely concerted) beartwats that are playing around with paper bitcoin..

The extent to which the paper beartwats will be successful to drive the BTC price down further or to keep it down longer is still to be seen.

For sure, the Saylor/MSTR haters do not have very good odds of destroying Saylor/MSTR, yet they could sitll achieve some cascading downities of the bitcoin price by putting the Saylor copy cats into precarious positions which has some chances of transitioning us into a bear market (which I consider that we are not quite in a bear market, yet). .and yeah of course the powers that be (status quo rich) and various affiliate bears, bitcoin naysayers (haters) and even shitcoiners, love to see bitcoin undermined in any kind of way that they can achieve, even if the undermining merely causes delays in the UPpity rather than completely stopping the UPpity. 

It can also become quite costly and even prohibitively expensive for some of the status quo rich beartwats to overly push bitcoin prices so negatively.. since it could end up blowing up on them, so I hardly ever proclaim to know which way the BTC price is going with any level of strong certainty...

At the same time, I am still not ready or willing to concede that we have yet transitioned into a bear market.. and I am not even sure in regards to my exact trigger in which I might start to concede that we are no longer in a bull market.  I might be willing to concede that we transitioned into a bear market if we both close below $74k and if maybe some kinds of BIG SCALE scandals or some BIG collapses of some big bitcoin players (or even related shitcoins that might cross-contaminate into the bitcoin space) that ends up supporting some reasonable new conclusion that BTC price recovery might take more than a quarter or two to get us back to current prices or even to get us back to above $90k. 

What I hope doesn't happen is that a large percentage of people don't become so scared of BItcoin's violent volatility from macroeconomic conditions that they shy away from acquiring BTC and hodling it.

What the fuck do you know about holding BTC and the significance of such?

It appears that besides macro news it is India and some OG whales causing a lot of the recent volatility...  

Huh?  Do you just like to reinforce that you have hardly any clue, and BTC price movements do not tend to be simplified explanations of one or two things, even if some factors might be more dominant than others.

And, get the fuck out of here with your nonsense about bitcoin OGs selling coins.

More likely we have folks who entered in bitcoin less than a whole cycle and perhaps even less than 2 years selling coins.  Hardly should be considered as bitcoin OGs.