Quote from: Popkon6 on Today at 01:08:23 PM

Bitcoin is on Sale

https://x.com/saylor/status/1959601957930185125?t=JxebUO0w36nYqYT8fp35bg&s=19

Michael Saylor has once again posted a message on social media to buy Bitcoin.
Does Michael Saylor want to surprise us?

How could whatever Saylor/MSTR is doing be a surprise if he is announcing the matter a day earlier, within a weekly pattern in which Saylor/MSTR is pretty much buying BTC constantly and announcing their buys on more or less a weekly basis? like surprise clockwork?

Quote from: Nothingtodo on Today at 03:16:56 PM

But this time his announcement of buying Bitcoin is different, that is, what he meant by the word "Sale" was not that he was selling Bitcoin. That is, he was indicating something to all the investors who would sell Bitcoin.

You really need to ponder over the meaning of "bitcoin is on sale"

That means that the BTC price could be perceived as being cheaper than it will be in the future or perhaps cheaper than what it had been in the past... So buying the bitcoin would be characterized as a good price relative to some other period of time.

I suppose literally someone is selling the bitcoin, and maybe the implication in bitcoin is that whoever is selling is not very smart because they are selling at prices that are relatively cheaper than what they otherwise should be.

The idea of bitcoin being "on sale" could end up being wrong into the future, yet at least this whole past week (presumptive period that Saylor had been buying) had been a week of dip, even though Saylor never really seems to want to pinpoint exactly when he has been doing the buys... and the way that he announces the buys seems to almost give the impression that he hadn't yet bought - even though many of us are getting the sense that in recent times, Saylor/MSTR is ongoingly buying bitcoin and just announcing right around weekly.. and probably since he is not even obligated to announce every week, he can choose the extent to which he announces every single week or if he might skip some announcements from time to time and then just fold two weeks worth of bitcoin buys into one week.

Quote from: Just Common on Today at 03:55:25 PM

https://x.com/pete_rizzo_/status/1959527756355494133?t=PrTteQ28CHlt_DRDme7QBQ&s=19

Yeah.. on average..

But we already know that it is not true that bitcoin goes up 30% every year, and even the 200-WMA has had some historical years of ONLY going up 20% - yet at the same time, the average has been quite a bit greater than 30% to 40% per year, especially if taking several years at a time an then averaging them out (an average of an average)

Quote from: Ambatman on Today at 06:14:55 PM

Quote from: Nothingtodo on Today at 03:16:56 PM

However, Michael Saylor often makes some kind of announcement before buying Bitcoin, hinting at the possibility of buying Bitcoin. This time was no exception. Maybe this week he will announce the purchase of Bitcoin in a different form, especially since he has mentioned the Orange Dot before buying Bitcoin at other times.

Strategy doesn't make announcements before buying Bitcoin
They usually buy Bitcoin across the week
So if they are buying Bitcoin, then they have already bought this week
The image above is usually to show that they have made purchase.

Exactly.. Sunday tends to be an announcement of a forthcoming announcement, and Monday-ish will tend to outline more of the specifics of what had already happened through the previous week-ish of BTC buys - without giving specifics as to when those buys happened nor describing where such buys happened - not even showing evidence of the actually bought bitcoin on the blockchain, even though surely presumptively if Saylor/MSTR were to be audited in regards to his actual buys (by a government and/or by some kind of financial agency), Saylor/MSTR would be able to show legally adequate proof of such BTC purchases to such auditor.