Quote from: WatChe on Today at 12:31:10 AM

Quote from: AlcoHoDL on March 16, 2024, 07:56:25 PM

Too much ChartBuddy...
Too quiet in these here parts.
Calm before next pump?
#presundayhaiku

This correction is very much expected. I am happy that I saw another All Time high.
Halving is coming next month. So another ATH in coming months.

Quote from: JayJuanGee on March 16, 2024, 09:03:16 PM

NO problema. Buy them back.

It takes a while to get used to selling BTC, but when you are multitudes or even magnitudes in profits, and also if you have gotten to a status that you know that you have accumulated enough (and/or more than enough), then it becomes easier and easier to shave some off here and there at various points... and if you sell a small enough amount you realize that you still have plenty.

Saylor should be in the same camp as me... but he is not.

something is wrong with him.

You don't need to be like Saylor.. at some point, you have enough BTC.. and you can start to shave some off.

Don't get me wrong. From what I have come to understand, it is not like Saylor is living any kind of deprived life materially, so yeah, he seems to have plenty of resources to just live.. so he seems to be making some other kind of a point by wanting to gather as many coins as he can.

But normies like us (royal perhaps?) should not necessarily need to live like that.

At some point we have enough and we have more than enough.. and there should be no problem to set some free.. and to let someone else buy them..and get involved in dee cornz.

It's not easy to buy back bitcoins which you sold at adequate profit or it may take considerable time to buy back your coins. Like those who bought bitcoin when it went down to 20k and sold them in current bull run of 73k won't be easily buy those bitcoins back.
Saylor strategy about Bitcoin is working fine. He has 193,000 Bitcoins bought at 6 billion usd and his current holdings has value of 13 Billion. So as long as his strategy is working, he doesn't have to worry at all.
https://news.bitcoin.com/microstrategys-bitcoin-portfolio-value-soars-to-13-2-billion-marking-a-116-gain/

You seem to be out of the loop regarding Saylor.. especially sine that article is from the beginning of March..

Saylor had 193k BTC as of the beginning of March, but right around March 10, he announce that he (MSTR) bought another 12k BTC for more than $800 million, which would bring their total to 205BTC And then a few days after that, he announced that he was raising another $500 million to buy more bitcoin presumptively this week and maybe MSTR will end up purchasing more than 5k more BTC with that $500 million. You can see some of the latest MSTR updates in fillipppone's thread on the topic.

Quote from: JimboToronto on Today at 12:40:18 AM

Quote from: WatChe on Today at 12:31:10 AM

Saylor strategy about Bitcoin is working fine. He has 193,000 Bitcoins bought at 6 billion usd and his current holdings has value of 13 Billion. So as long as his strategy is working, he doesn't have to worry at all.

Saylor's strategy?

It's what many of us have been preaching for years:

Buy, hodl, don't sell unless you must, get rich in the long run.

Easy peasy.

Saylor is not doing these things in any kind of easy peasy and/or normal way. He is a bit obsessed.

Quote from: Biodom on Today at 01:09:46 AM

Quote from: JimboToronto on Today at 12:40:18 AM

Quote from: WatChe on Today at 12:31:10 AM

Saylor strategy about Bitcoin is working fine. He has 193,000 Bitcoins bought at 6 billion usd and his current holdings has value of 13 Billion. So as long as his strategy is working, he doesn't have to worry at all.

Saylor's strategy?

It's what many of us have been preaching for years:

Buy, hodl, don't sell unless you must, get rich in the long run.

Easy peasy.

...not exactly. MSTR is levered 2.2X, which means that IF bitcoin goes to roughly 31-32K, the intrinsic value of MSTR stock would approach zero.
They would probably not go bust, but they would probably lose 70-90% of their market cap in this scenario.
How likely is the "deleveraging"..maybe unlikely right now, albeit JPM started making noises about it.
https://decrypt.co/221873/microstrategy-bitcoin-buys-severe-deleveraging-jp-morgan
Maybe they want "in" on this deal, lol.

I doubt that it is as easy to break MSTR as JP Morgan would like to speculate, and maybe that is what Saylor is trying to get some of the BIG cats to do, which surely will bring the destruction and demise of the BIG cats a lot faster than they are already on a worse train than the bitcoin train seems to be the place to be, even if Saylor is seeming a wee bit psycho in recent times..

Quote from: Richy_T on Today at 03:59:24 AM

Quote from: JayJuanGee on Today at 12:06:04 AM

You threw out a lot of smart ideas, and then your last sentence 1BTC=1BTC makes no sense (even though a lot of people say some variation of that in order to attempt to mean something like only BTC matters, which is surely a known logical fallacy even though peeps still get pleasures out of saying that).

It may not make much sense, true but the stability is unparalleled.

Beyond that, I think people are looking for something that doesn't really exist in more than a transitory and ephemeral manner.

In my potentially simplified thinking, it has got to be referred in the context of something else that exists rather than referring to itself, and that might be part of the reason that we talk about BTC in terms of dollars in this thread, in order to attempt to have some common ground, even though the dollar is seeming to get run into the ground itself.. but it still can serve as a decent reference until we get something better, which of course, we are likely going to be talking more and more about satoshis since it seems that so many folks are not gong to be able to get a whole bitcoin, yet for sure we are still going to be living in confusing times for many years to come - at least in terms of the dollar reference and some of the desperateness that even seems to exist within seeming dollar guardians (Cantillians?).

Quote from: Leahized on Today at 03:19:46 AM

Wait to buy bitcoin.

Buy bitcoin and wait.

No need to make it sound so boring, and there are probably other things that you can do while waiting.. such as eat a sandwich.