Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1005. (Read 26711383 times)
March 20, 2024, 03:03:23 AM
March 20, 2024, 02:26:11 AM
. March 20, 2024, 02:01:16 AM
March 20, 2024, 01:03:26 AM
March 20, 2024, 12:03:44 AM
March 19, 2024, 11:55:42 PM
it becomes more and more obvious that we gonna test 50k. Maybe so obvious that we won't.
on the other hand according to cycles (fwiw) we are a year too early for a parabolic bullrun.
on the other hand according to cycles (fwiw) we are a year too early for a parabolic bullrun.
March 19, 2024, 11:03:23 PM
March 19, 2024, 10:03:26 PM
March 19, 2024, 09:09:57 PM
Saylor, Black Crock, Grayscale, ETFs, NFTs, Eth, Solana, Binance with its own coin, coin burning, stable coins, Dog wiv hat, staking, shite this, shite that.
Countless distractions....
EFTs may give some people peace of mind but so far every time we have seen "not your keys but we will keep you coin and promise to be good" end in complete disaster, I'm not sure I would recommend them.
Since the ETFs are backed by large, rich companies, shouldn't they be able to guarantee the funds anyway ?Countless distractions....
EFTs may give some people peace of mind but so far every time we have seen "not your keys but we will keep you coin and promise to be good" end in complete disaster, I'm not sure I would recommend them.
I'm not invested personally but just wondering.
By law the ETF providers have to buy the number of BTC that are represented by the sales of shares to their clients, and I am not sure how much shenanigans they can play in that process.. surely they have figured out ways to play the various gaps and arbitrage it.... but at the same time, I am pretty sure they have to buy within a pretty short period of time perhaps less than 24 hours - and I am not sure how the weekends factor into those buying (or collateral maintenance) requirements.
There are also likely spaces between clients committing to the purchase of the ETF shares and the finalizing of the share sales price for the client and at what point they purchase the BTC and at what point the charge the client, and there could be situations where the client has to commit in advance, so that leaves the ETF provider with some wiggle room in how to play their clients.
I would imaging that some of the ETF providers play around with those time differences more than others in terms of gaining additional arbitrage, since they they seems to have good past practices of milking whatever clients that they can in the name of "good business."
About ETF i dont really know how this big companies manage internally this bags, if they have to collect profit from time to time, or if they only proceed from waht people brought or sell.
They have to match their clients.. but surely there could still be some built-in shenanigans since some of those BIG players are expert manipulators, yet in the end, the ETF providers are incentivized to pump their ETF products in order that they have more and more assets under management (AUM).. so they are ONLY going to manipulate and even suck extra value from their clients only so much.
more cheap corn for me 0.01 at 61750 nice
Nice I fully hedged off my sales in the 70's and my mining gear buy at 68k.
All missing corn is back. With more than $1000 left to spare.
Nice I fully hedged off my sales in the 70's and my mining gear buy at 68k.
All missing corn is back. With more than $1000 left to spare.
At this time, my buy backs (or the interval between the sell and the buy) does not seem to be that great in terms of percentages, so maybe around 5% to trigger the first buy back and then the intervals are ONLY around 3-ish percent.. which means that my highest buy backs were around $69, and then around every $2k, so $67k, $65k and $63k, but the $61k one has not hit (yet)..
I am around every $2k down to $57k, and then they become every $1,500 until I get down to about $42k, then they start to be every $1,250-ish.. and yeah.. I am wondering how many more buys will execute.. I don't like cheering for down, but I would not mind if my $61k orders would fill since they are already very close to filling.. but if they don't fill that it is o..k. too.. For me it ONLY gets frustrating with they are less than $100 from filling .. but it happens, sometimes, which is part of the way to attempt to set orders in ways that don't cause much if any emotion about it..
March 19, 2024, 09:03:26 PM
March 19, 2024, 08:11:18 PM
Would you fight Mike Tyson for 10 whole #bitcoin?
https://twitter.com/AltcoinDailyio/status/1769970693439893930
Like for fight BTC.
https://twitter.com/AltcoinDailyio/status/1769970693439893930
Like for fight BTC.
That picture has got to be a few years old - including the wearing of masks of the guys in the background... .so maybe he would have had been 53 or 54 at the time of that picture... right now he is 57 going on 58.. , but he is planning to fight Jake Paul.. in July. and I think Tyson is the favorite... even though Tyson is probably too old to be fighting..
I would not agree to fight Tyson for 10 BTC, unless I could get him to agree that he would not throw any punches... and the fight would merely be my having to try to hit him... which probably would be a challenge in itself for me. Or maybe alternatively if he was ONLY allowed to throw 1 punch per round... That would also probably be too scary for me to even agree to such a thing... probably just not worth it.. but a guy who is a no coiner might be set in pretty good place to get 10 BTC.
[edited out]
The guy you are quoting is an idiot. Saylor is selling MSTR options that he got 10 years ago that will otherwise expire. 5000 shares per day in Q1. Saylor has been fully transparent about this in their Q4 financial results. He buys bitcoin privately with the proceeds.Yeah.. come to think of it, Saylor ONLY reported his first purchases of BTC at nearly 18k BTC, so he may well have a pretty decent private stash of BTC, too... maybe he personally buys 50% of whatever his company buys... hahahahahaha What a psycho... who needs that many BTC? Apparently, he does.
Barry fcking Shillbert continues selling thousands of coins every day.
$20 billion+ Bitcoin bag ready to be dumped.
Going back to hibernation for a loooong time just to skip coming soul crushing bloodbath.
Isn't it $40b? It shouldn't take that long I don't think, maybe another month or two? Especially if the selling continues to increase.$20 billion+ Bitcoin bag ready to be dumped.
Going back to hibernation for a loooong time just to skip coming soul crushing bloodbath.
Can someone remind me how much Bitcoin GBTC had to begin with, how much they've sold already? Want to calculate what the timeframe is looking like.
Ironically without GBTC outflows, there basically are no outflows, even if lower inflows at present, which speaks volumes...
The sooner that GBTC is flushed out the market the better.
GBTC had around 650k BTC at the very top of their holdings, and by the time the ETFs were approved they had around 620k BTC.
Edit: Oh Lucius already answered some variation of this.
Edit2: and DaRude touched on describing the matter similarly, too.
March 19, 2024, 08:07:46 PM
O.T. Another 2 hours until the vernal equinox (N. hemisphere).
It snowed a bit in Toronto today but not enough to stick on the ground or bother the flowers that are already budding and showing hints of their colors.
Winter's last gasp. Bring on the spring.
It snowed a bit in Toronto today but not enough to stick on the ground or bother the flowers that are already budding and showing hints of their colors.
Winter's last gasp. Bring on the spring.
March 19, 2024, 08:03:24 PM
March 19, 2024, 07:56:25 PM
Which government bought 475,000 BTC earlier this year? 
https://bitcointreasuries.net/
https://www.talkimg.com/images/2024/03/19/JvCqC.png
https://bitcointreasuries.net/
https://www.talkimg.com/images/2024/03/19/JvCqC.png
WTF?! Ukraine bought billions worth!
Edit: looks like they bought 46k+ BTC for a little over US$20k each in Sept 2022
I cant respond to my DMs as I can only message twice a day due to my account status. I’ve already renewed your main account and just need to know what content you want on the second account that you purchased.
March 19, 2024, 07:50:00 PM
Investing in bitcoin is also gambling.
I don't seem to get your point clearly, and would rather take it as a mere comment.
Investing in Bitcoin isn't Gambling. Gambling is putting something of value at stake of which the outcome is unknown and can't be determined with any approach, strategy or analysis. Whereas...
Investing is based on a long term view, approach and a proven strategy on how that stock, asset or even Bitcoin works.
Of which the outcome is certain with a right approach and strategy to the market, I don't see how it then becomes gambling. Bitcoin currently is one of the most invested and valuable asset in the world.
I don't doubt your conclusion because some persons are merely dangling around it prices, but I don't think the word investing should be used in your context.
March 19, 2024, 07:01:19 PM
March 19, 2024, 06:36:02 PM
more cheap corn for me 0.01 at 61750 nice
Nice I fully hedged off my sales in the 70's and my mining gear buy at 68k.
All missing corn is back. With more than $1000 left to spare.
Nice I fully hedged off my sales in the 70's and my mining gear buy at 68k.
All missing corn is back. With more than $1000 left to spare.
March 19, 2024, 06:26:52 PM
Another $440 million outflow from you know who...
50 dumps of Grayscale.
50 dumps of Grayscale.
It is price down for a short time but not a permanent dump.
Well, we are seen to the dump, but I can say it market trend is the correction.
March 19, 2024, 06:10:08 PM
Will never make sense to me…
Having fear for the halving…
IMHO it’s a price increase instead of decrease situation.
I recall being concerned for the 2016 halving but that went flawless and there's been another since then too. Accompanied by passing the old ATH, I'd say everything was looking bullish but honeybadger gonna honeybadger, I guess.
March 19, 2024, 06:01:21 PM
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