@PunterJeff 1.2 million shorts are going to be sweating or toast if SATA pops back to par today. Quick, issue your guidance in tweet thread format and rip their wings off!
Would be interesting to see sentiment analysis on which aspects of the plan people are reacting most positively and negatively to.
The negative reactions I’ve seen seem to be focusing on the potential to sell more bitcoin, or that it appears complicated. Yet the positive reactions I’ve seen like the idea of well timed sells, and think the plan provides clarity.
Different strokes for different folks.
I agree. I think treasury company marketing and investor communications could be well informed by the sort of sentiment language analysis you do. As a result, I think they could navigate and better manage the sentiment proactively, early in trends, before it becomes contagion.
For example, I think the way @ColeMacro and @PunterJeff have managed investor comms recently has been much more in touch with sentiment. Tagging in case they haven’t yet seen your work, though I assume they have.
@LawrenceLepard@Puncher522 I’ve said the same about Druckenmiller. He doesn’t like it and doesn’t get it, because he doesn’t need it.
Step 1 is you have to need Bitcoin, or be sympathetic of those who do, before you can truly understand why it will be successful.
As an investor, I’m fine if the strategy on something changes; I give you my money to do with it what you think best. So if something changes, like selling bitcoin, I trust there’s a valid reason why that will later benefit both parties.
Whilst I feel this move was clearly communicated up front via investor calls, and the reason why it’s happening, the communication around “I said never sell your bitcoin” was a misstep imo. It makes investors feel like we are being treated as children who don’t have a memory of what has been said before. We do.
I want the business to take risks, to adapt and change when needed, just be honest that it’s a change from what was originally stated.
Change is ok.
Humility in communication is key.
@ActuallyClimber He isn’t borrowing from STRC in any way that causes the business to fail as a cause, because your argument about claims only applies when the business has gone tits up, and by then it’s already over.
@CryptoMichNL Stress test it and let institutions see it’s solid. Rotate from wet hands retail to long term holders and that’s your next phase of volatility maturation.