Michael Saylor...lol 44 slides in a 3 min presentation.
My grad school professor always said: 1 slide/1 min...don't use small letters and don't make the slide "busy".
I am sure MS heard the same at MIT...he just forgot, perhaps, or not.
I think that Saylor is playing a different game - which is not to necessarily get them (the share holder proxy voters) to absorb all of the information in 3 minutes, but instead to provide them the relevant information so that they have a sort of duty to actually go back through and look through the slides, and perhaps he is also getting a bit of a dig in, to say ... you fucks forced me to give a one to two hour presentation in 3 minutes, so now it is your problem to figure out the information in these various slides.. that I could have had explained to you or even allowed questions, but you forced me to provide the information in 3 minutes.
If they vote against considering putting bitcoin in their treasuries, they are going to be faced with having had received all of the relevant information, yet to have had chosen to receive it in a fire-hosed manner. They have responsibilities to their shareholders to not be fiduciarialy irresponsible.
And maybe they could have had chosen to put 1% to 10% bitcoin in their treasury, yet the more likely outcome will be that they ignore it, and find out later that they were dumb and stubborn asses.
I see a need for a Neuralink (or Johnny Mnemonic) to 'get' that presentation into the board member heads...I am sure that they asked each other afterwards: what was that?
A mighty data lava 'dump' into subconscious, if you ask me.
I am sure that he did it on purpose...the guy is as edgy as he is brilliant..basically a walking breathing meme/idea/concept.
Yep. He surely did it on purpose, and creating an obligation for them to do their due diligence beyond 3 minutes of going through the motions.
"We" had our chance for lower and stacking, especially longer term bitcoiners should have had already stacked enough by now. Funny a newbie like me is having to remind you older farts of such a dynamic in dee cornz.
Now if either of you were in your first cycle, then sure, I would just suggest stack no matter what.
And, sure I shouldn't be any kind elitist, since I also buy on the dip, even though I don't root for it.
Yeah, sure.
Personally, I don't care about any dips...up and to the right at a 45 degree angle would be just peachy...
...but, we all realize by now that this never happened before and it is unlikely to happen in the future.
The historical projections point to a 70% dip in the next bear...the question is: from where?
I would prefer from no less than 300K. From 150K it would be brutal.
From $1 mil (a crazy number for this cycle) it could be even 80% and still be "fine"...although I could only imagine the angst that this low probability trajectory would ensue.
Well some folks get tricked out of their coins during these pauses in up, and sure it could be possible that we might reverse a bit here, yet I think that too many weak-hands and undeserved folks have sold because they believe that they have it all figured out to buy back somewhere in the $70ks, and perhaps some even more delusional ones are expecting even sub $70k, and surely I would not even be willing to take a 50/50 bet that sub $70k would never happen again, even though I would be willing to take a 50/50 bet that sub $55k will never happen again... at least in the next couple of years.
So yeah, we might be premature if we are thinking about BIG downs from here or even BIG downs from anywhere below $120k, yet at the same time, we realize that one of the things about bitcoin is that BIG downs can end up happening at various times that had not been expected, including that some curve ball pieces of news could be thrown in the mix to exacerbate further down, whether it is sustainable in terms of a long term down or if the down is just a 2-4 week correction.
I think that a lot of the same games are going to continue to be played, yet with BIGGER money, yet it becomes way too difficult to get into specifics, even though many of us likely realize when the UP momentum gets too BiG to handle, then sometimes it just has to run for a bit in order for the price to get away from buying support and also to incentivize some of the currently existing HODLers to part with more of their cornz.
"We" had our chance for lower and stacking, especially longer term bitcoiners should have had already stacked enough by now. Funny a newbie like me is having to remind you older farts of such a dynamic in dee cornz.
Now if either of you were in your first cycle, then sure, I would just suggest stack no matter what.
And, sure I shouldn't be any kind elitist, since I also buy on the dip, even though I don't root for it.
I obviously can’t make a big difference in my “stack” with my regular accumulation. That isn’t a reason not to regularly accumulate though. Part of the reason I am not 100% invested in Bitcoin is because I like having cash flow from investments to regularly be able to accumulate more BTC, even if it is a small amount.
For sure I do not encourage anyone is 100% invested into bitcoin, yet one of the dilemmas that many long term bitcoiners will tend to have revolve around questions of whether to reallocate as their winner (in this case bitcoin) is outperforming all other assets in their investment portfolio or to just let their bitcoin allocation ride, even though it might well become a very high percentage of their overall holdings, and such a problem (or dilemma) becomes more apparent after going through more cycles and erroring on the side of mostly holding their BTC.
In my case, I am just one year short of having had gone through 3 full cycles, and in your case (going by your forum registration date) you have more than 2 years longer than me.
And sure, any of us might say that we fucked up at various points, and maybe we could move somewhat away from any exact personal example, yet I would still suggest that any strategies that were mostly erroring on the side of accumulating bitcoin would have had decently good potentials to lessen needs to continue to be accumulating now.
Surely my own system is selling on the way up and buying on the way down, so I am not really focused on accumulating BTC, but instead attempting to use the volatility to my advantage in terms of attempting to manage my BTC holdings and to manage some of the downside risks with using money that was sold on the way up in order to buy back, yet surely I would prefer that the BTC price does not fall since my BTC holdings and my whole investment portfolio is doing way better when the BTC price goes up rather than when it goes down..
In other words, I am completely prepared to sell whatever little chunks of BTC on the way up and to never ever have any opportunity to buy back, yet one of the most inevitable things in bitcoin seems to be its volatility, and even though bitcoin's volatility is not inevitably up, we have decently strong pieces of information to suggest that overall bitcoin is going to continue to go up in similar ways as it has in the past, including with a lot of volatility along the way of its going up in the longer trajectory (even though such UPpity is not guaranteed).
I should not want to be too judgmental, yet is seems that at some point many of us longer into bitcoin should be able to arrive at a point in which we have enough BTC or more than enough BTC, so one of my own suspicions regarding why some longer-term bitcoiner guys are not reaching a status of overaccumulation or getting enough BTC is because they had ended up selling way too many BTC too soon, which likely causes them to NOT be focusing on BTC accumulation but instead fucking around with trying to sell and buy back cheaper.. so in that sense many guys are selling bitcoin before they have even reached a status of overaccumulation... so they are always in a state of not having enough BTC.
Sure there could be other explanations and even errors along the way, and perhaps part of the reason that I tend to be such a stickler for accumulation buy focusing on buying and making sure you reach a status of overaccumulation before selling any BTC.
I think we all should stack a little on a regular basis to support the cause.
If you reached a status of having enough or more than enough, then there likely is not much need to stack to support the cause, and surely you could transition from a guy who is stacking all of the time and into a guy who mostly just stacks on the dip, so I could see how that might end up playing out, and surely if you have a lot of cashflow from other areas and you cannot spend it all, then that would also justify stacking more sats, even if you might already have enough or more than enough BTC. I know that in recent times, I don't usually bring more capital into bitcoin except maybe once in a while I might feel like just throwing some more in for fun.. or during our mid-to-late 2022 drop below $20k, I ended up bringing more capital into bitcoin during that time frame, since I had largely run out of the money that I already had in my bitcoin system that was for buying, and I had gotten pretty close to exhausting any extra money that I had in bitcoin, so at that point, I ended up bringing some more money into bitcoin during a few months around those lows.. perhaps it was between August and December 2022 and we started to have a recovery at the end of 2022 and into early 2023 so I did not feel a need to continue to bring more capital after the BTC price resumed going back up, yet we were not sure if we were going to have a retest of the $15,479 low of that timeframe.
It’s that steady demand that provides stable market liquidity and strengthens confidence in Bitcoin as a store of value. I may not have $78,000,000,000 in the bank like Microsoft, but my and all of our collective contributions should be valued and encouraged.
In the end, people can do what they want in terms of when and how they buy or if they are fucking around with trying to trade bitcoin. My main point had to do with being in bitcoin for a decently long period of time should have brought greater chances of getting to a status of overaccumulation, so there is likely no real need to continue to bring new capital into bitcoin.
Surely those of us earlier into bitcoin would have had gotten lucky if we were able to stack coins early on, even getting through most if not all of our stacking before 2021 would have likely resulted in some good feelings about being able to front-run MSTR and the various people who came to bitcoin through ETFs and now some of the governments getting into bitcoin stacking.. so yeah, part of the problem could be not stacking enough in earlier days, and surely there are plenty of folks who are still in their first full bitcoin cycle, so I hardly would expect many of them to have had reached a status of sufficient or overaccumulation of BTC, so they have to keep stacking until they get to such a status.
Even a guy who came to bitcoin 5 years ago and begun stacking
$250 every week for 5 years still might not be close to enough to having enough BTC since he would have had invested $65,250 yet he would still have less than 3 BTC (not bad, but not as good as someone who had largely finished his stacking prior to 2021).
So for example guys who had been stacking BTC at
$250 per week for 5 years prior to 2021 would have invested the same $65,250 amount, yet would have had been able to stack around 36.5 BTC, which surely is in a much better position to have a likelihood of having enough or more than enough BTC...depending on various things going on in his life.
