Michael saylor and his bags - page 3.

janggernaut

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Quote from: rsarkar on June 16, 2021, 01:13:04 AM

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

The only way to find it is ask his bitcoin address. Obviously you can't know how and when he will buy the bitcoin. But if he feel bitcoin is dropped lot from his buying price, he will announce it on public if he already bought bitcoin to hope it pump. Just like he did when bitcoin dropped below $40,000 back then

blockman

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There's no way to know it. He's like buying every single dip and every single week, day, or at any time. He's been known doing that even before this pandemic and the bull run has started. I know what you're thinking so that you can also enter as he enters. But it's not always a good time that he enters because I remember that there was some news that his company bought but it was I think above $40k so that particular batch of his purchase is at loss. Thus, he's buying for the long term so he's also like buying at any price that he has to.

Lucius

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Quote from: NeuroticFish on June 16, 2021, 01:23:10 AM

Such buys are probably made by 3rd party specialized companies or actual exchanges.
The buys are spread to different times, values and maybe exchanges too, so you won't notice anything different than a dozen of traders buying now and then.

It's no secret how MicroStrategy buys BTC without affecting the price - they do it through Coinbase, which again uses different methods to provide the customer with a satisfactory result. This approach does not surprise me at all, because all those who buy want the lowest possible price, and this can only be achieved if they use special methods that at least in the short term bypass the classic supply and demand situation. What actually happens is that Coinbase buys on behalf of the client, and then that same BTC ends up in their possession again (Coinbase Custody).

Quote from: https://blog.coinbase.com/coinbase-is-helping-corporate-companies-diversify-with-crypto-444e8d91ebca

Our system takes a single large order and breaks it into many small pieces that are executed across multiple trading venues. This type of smart order routing minimizes the trade’s market impact and helps disguise the overall trade size. Leveraging our technology, the trading team achieved an average execution price that was less than the price at which buying started. In periods of high volatility, our advanced trading tools improved the client execution by as much as 1%. For MicroStrategy, this strategy resulted in savings of approximately $4.25 million.

tokoorochan

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just look at long candle form if you want to see big buy coming , even though it could be bull trap from another whales. in crypto market we could not monitor what other traders doing , except they report it to finance regulator. personally , at this moment be saylor's war with fuder in market. actually we could stand behind him and make this market green again.

Ararbermas

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Quote from: rsarkar on June 16, 2021, 01:13:04 AM

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

you can't get the right timing when he enter unless if he will post or make tweets like what elon's doing,. By the way where did you get this information? If i were you follow the site or the source of that information because for sure they're still the one who will post an update once that man you've mentioned above making moves in the crypto space..

Tytanowy Janusz

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500 milion bought by experienced traders wont move price ... if they dont wont it to move price

I expect people to front run Michael Saylor (thats why price grow now) and dump on him right after announcement that he has money ready to buy.

Worth to know info passed from other thread that refers to microstrategy investments.

Quote from: fillippone on June 11, 2021, 06:29:35 PM

On the first debt issue, they bought 65 mios daily and announced the end of the buys 10 days after the value date.
With the second issue, they were so much more efficient, and snapped 210 million daily and announced the results after 5 days, even if the issued amount was so much bigger.

This time I expect them to be at least as efficient as they were lat time: so I expect them to complete the buys in a couple of days, with announcements made public ~~late Tuesday~~ Wednesday.

leea-1334

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No actually, what they are saying is they will liquidate assets,,, mainly stocks to the amount of maybe $1 billion. AND part of this they will use to buy Bitcoin. I guess it might be even 500m but actually none of the amount is confirmed so I doubt it is really going to be a big market mover.

Plus the last time he did it did not really do anything big either!

NeuroticFish

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Quote from: rsarkar on June 16, 2021, 01:13:04 AM

How to know when has he entered in the buying spree by looking at the price movements or charts?

Imho you can't.
Such buys are probably made by 3rd party specialized companies or actual exchanges.
The buys are spread to different times, values and maybe exchanges too, so you won't notice anything different than a dozen of traders buying now and then.

rsarkar

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Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

Topic: Michael saylor and his bags - page 3. (Read 578 times)