Explanation
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12. (Read 26729149 times)
February 05, 2025, 12:01:16 PM
February 05, 2025, 11:01:16 AM
February 05, 2025, 10:56:18 AM
💥BREAKING: BlackRock bought $276.16 MILLION worth of #Ethereum yesterday.
THIS IS MASSIVE!😱
[img :-]https://i.ibb.co/zTSpsLnq/20250205-100344.jpg[/img]
https://x.com/rovercrc/status/1887022342771183637?t=Fs_ZE6o0FrTvFJJbTxgXtw&s=19
Massive fuck upTHIS IS MASSIVE!😱
[img :-]https://i.ibb.co/zTSpsLnq/20250205-100344.jpg[/img]
https://x.com/rovercrc/status/1887022342771183637?t=Fs_ZE6o0FrTvFJJbTxgXtw&s=19
Blackrock didn't just bought $ETH worth $276.16 million,he also bought $249 million worth of $BTC combine, all in one day. This guy is super bullish about the market.
Never sell your Bitcoin,Buy and Hodl
Do you know how much 1 BTC is? For that $249 million they bought about 2500 BTC, that is, they bought them for their clients, not for themselves. In addition, on the best days, over 10 000 BTC were bought by spot ETFs, so this is not a big deal.
why hodl?
A Bitcoin whale bought $500 worth of Bitcoin in 2014 and Hodl for 10years
That's a whole lot of Money. Since Bitcoin is not a quick-rich scheme,Long term holding is the vision
https://x.com/pete_rizzo_/status/1887097589109047663?t=65FPGt67AaOmi-CEGKeJeA&s=19
February 05, 2025, 10:47:01 AM
February 05, 2025, 10:44:07 AM
6 digits please
February 05, 2025, 10:28:19 AM
"I understand the concerns about Coinbase's inventory
...
Is this copy-pasted without attribution?...
Is that why you posted it twice?
You're not ignored by me yet.
Let's keep it that way.
One was from ChatGPT the other from DeepSeek…
February 05, 2025, 10:14:18 AM
"I understand the concerns about Coinbase's inventory
...
Is this copy-pasted without attribution?...
Is that why you posted it twice?
You're not ignored by me yet.
Let's keep it that way.
February 05, 2025, 10:04:49 AM
I, too, wish that Coinbase would figure out better planning in order that they do NOT run out of coins...
If the price is falling fast, it would be stupid for them to buy lots of BTC beforehand just to be able to sell to people with no delay over the next few days. The loss could easily wipe out all that they make from fees, and more. Better leave the clients waiting.
I believe that is Coinbase's current business decision, in order to NOT be over exposed to downside volatility - however, it may be possible for CB to figure out ways to automatically buy the needed coins on the exchange, at the same time that the customer buys the coin, in circumstances in which they run out of coins. I don't know the exact solution, but I do agree with you that their business decision is to not over expose themselves to downward BTC price volatility.
The problem I'm having with Coinbase is now they want to control volatility on both sides of the equation: during sharp downturns and sharp upturns. So this means that they will quickly and mysteriously "run out of coins" during the next bubble as well, which will neuter how high it can go by excluding their customers' influence on the market. This is not allowing the free market play out appropriately, it is trying to control the market, and that is what worries me about Coinbase.
You are reading wwwwaaaaayyy to much into the situation regarding their control or attempt to control the market. Their business model is based on transacting coins, and their price between buy and sell is fairly low. Sometimes the price does NOT update quickly enough and sometimes the price gap is bigger on purpose (I think that their software does that to protect themselves from volatility).
Don't get me wrong, I have outright accused them of manipulation in writing, and they responded to me and I did NOT buy completely their explanation. NONETHELESS, they are NOT involved in manipulation at any level near what you are implying and what others have also implied. The facts just do NOT add up to that.
"I understand the concerns about Coinbase's inventory management and potential market control. However, it's essential to consider the exchange's perspective and the challenges they face in managing volatility.
"One possible solution to address the inventory management issue is for Coinbase to implement a more dynamic pricing system. This could involve adjusting prices in real-time based on market fluctuations, rather than relying on fixed prices that may become outdated quickly.
"Regarding market control, it's crucial to recognize that Coinbase is not the only player in the market. Other exchanges and market participants also influence price movements. While Coinbase's practices may have some impact on market volatility, it's unlikely to be the sole determining factor.
"Moreover, Coinbase's business model is designed to facilitate transactions, not manipulate markets. Their goal is to provide a reliable and secure platform for users to buy, sell, and store cryptocurrencies.
"Rather than focusing solely on Coinbase's practices, we should also explore alternative exchanges and business models that prioritize transparency, decentralization, and community involvement. By promoting a more diverse and competitive market, we can reduce reliance on any single exchange and foster a healthier ecosystem for cryptocurrency trading."
February 05, 2025, 10:01:19 AM
February 05, 2025, 09:54:55 AM
I, too, wish that Coinbase would figure out better planning in order that they do NOT run out of coins...
If the price is falling fast, it would be stupid for them to buy lots of BTC beforehand just to be able to sell to people with no delay over the next few days. The loss could easily wipe out all that they make from fees, and more. Better leave the clients waiting.
I believe that is Coinbase's current business decision, in order to NOT be over exposed to downside volatility - however, it may be possible for CB to figure out ways to automatically buy the needed coins on the exchange, at the same time that the customer buys the coin, in circumstances in which they run out of coins. I don't know the exact solution, but I do agree with you that their business decision is to not over expose themselves to downward BTC price volatility.
The problem I'm having with Coinbase is now they want to control volatility on both sides of the equation: during sharp downturns and sharp upturns. So this means that they will quickly and mysteriously "run out of coins" during the next bubble as well, which will neuter how high it can go by excluding their customers' influence on the market. This is not allowing the free market play out appropriately, it is trying to control the market, and that is what worries me about Coinbase.
You are reading wwwwaaaaayyy to much into the situation regarding their control or attempt to control the market. Their business model is based on transacting coins, and their price between buy and sell is fairly low. Sometimes the price does NOT update quickly enough and sometimes the price gap is bigger on purpose (I think that their software does that to protect themselves from volatility).
Don't get me wrong, I have outright accused them of manipulation in writing, and they responded to me and I did NOT buy completely their explanation. NONETHELESS, they are NOT involved in manipulation at any level near what you are implying and what others have also implied. The facts just do NOT add up to that.
the concerns about Coinbase's inventory management and potential market control. However, it's essential to consider the exchange's perspective and the challenges they face in managing volatility.
"One possible solution to address the inventory management issue is for Coinbase to implement a more dynamic pricing system. This could involve adjusting prices in real-time based on market fluctuations, rather than relying on fixed prices that may become outdated quickly.
"Regarding market control, it's crucial to recognize that Coinbase is not the only player in the market. Other exchanges and market participants also influence price movements. While Coinbase's practices may have some impact on market volatility, it's unlikely to be the sole determining factor.
"Moreover, Coinbase's business model is designed to facilitate transactions, not manipulate markets. Their goal is to provide a reliable and secure platform for users to buy, sell, and store cryptocurrencies.
"Rather than focusing solely on Coinbase's practices, we should also explore alternative exchanges and business models that prioritize transparency, decentralization, and community involvement. By promoting a more diverse and competitive market, we can reduce reliance on any single exchange and foster a healthier ecosystem for cryptocurrency trading."
February 05, 2025, 09:15:06 AM
Ark Invest confirms that #Bitcoin is on pace to meet its 2030 price targets.
https://x.com/BitcoinMagazine/status/1887140657321435542?t=fr6VwnmW4ncXd3PZNjWWRQ&s=19
https://x.com/BitcoinMagazine/status/1887140657321435542?t=fr6VwnmW4ncXd3PZNjWWRQ&s=19
February 05, 2025, 09:01:15 AM
February 05, 2025, 08:31:44 AM
💥BREAKING: BlackRock bought $276.16 MILLION worth of #Ethereum yesterday.
THIS IS MASSIVE!😱
[img :-]https://i.ibb.co/zTSpsLnq/20250205-100344.jpg[/img]
https://x.com/rovercrc/status/1887022342771183637?t=Fs_ZE6o0FrTvFJJbTxgXtw&s=19
Massive fuck upTHIS IS MASSIVE!😱
[img :-]https://i.ibb.co/zTSpsLnq/20250205-100344.jpg[/img]
https://x.com/rovercrc/status/1887022342771183637?t=Fs_ZE6o0FrTvFJJbTxgXtw&s=19
Blackrock didn't just bought $ETH worth $276.16 million,he also bought $249 million worth of $BTC combine, all in one day. This guy is super bullish about the market.
Never sell your Bitcoin,Buy and Hodl
Do you know how much 1 BTC is? For that $249 million they bought about 2500 BTC, that is, they bought them for their clients, not for themselves. In addition, on the best days, over 10 000 BTC were bought by spot ETFs, so this is not a big deal.
why hodl?
February 05, 2025, 08:23:40 AM
💥BREAKING: BlackRock bought $276.16 MILLION worth of #Ethereum yesterday.
THIS IS MASSIVE!😱
[img :-]https://i.ibb.co/zTSpsLnq/20250205-100344.jpg[/img]
https://x.com/rovercrc/status/1887022342771183637?t=Fs_ZE6o0FrTvFJJbTxgXtw&s=19
Massive fuck upTHIS IS MASSIVE!😱
[img :-]https://i.ibb.co/zTSpsLnq/20250205-100344.jpg[/img]
https://x.com/rovercrc/status/1887022342771183637?t=Fs_ZE6o0FrTvFJJbTxgXtw&s=19
Blackrock didn't just bought $ETH worth $276.16 million,he also bought $249 million worth of $BTC combine, all in one day. This guy is super bullish about the market.
Never sell your Bitcoin,Buy and Hodl
Do you know how much 1 BTC is? For that $249 million they bought about 2500 BTC, that is, they bought them for their clients, not for themselves. In addition, on the best days, over 10 000 BTC were bought by spot ETFs, so this is not a big deal.
February 05, 2025, 08:03:27 AM
Even people who do not drink can have there memory erased due to different reasons. Choice is yours 
bitcoin wont go below 90k. 90k will be bottom for every dip.
bitcoin wont go below 90k. 90k will be bottom for every dip.
That is what she said.
I am not saying that you are wrong, but bottoms are never 100% certain.
Anyone around in 2018 likely recalls that the $6k bottom was tested around 6 times before it finally broke, and then when it broke we had nearly an immediate dip down to right around $3,124, which ended up being the bottom for that cycle.. but surely we can have difficult times knowing when the bottom is in, whether referring to an actual cycle or merely referring to a local bottom or the seeming bottom of a range. I am not saying that you are wrong, except maybe the extent of your presumptuousness is a wee bit much (have you been following the style of philipma1957 too much in recent times?... hahahahahahaha)...
Of course with Bitcoin we are never sure what bottom is, we can only make predictions which may or may not be true. Going back in time, in Dec 2017 when Bitcoin was at ATH of 19k there were predictions that next year we will see Bitcoin at 100k but Bitcoin was at $3,124 in Dec 2018. I already said that in Jan/Feb 2023 when price of Bitcoin crossed 20k, someone here wrote that it's the last time Bitcoin was below 20k and until now we never saw Bitcoin going below back to 20k.
90k is the bottom and that's my prediction. Now it may or may not be true
philpima1957 has it's own versatility style which is difficult to follow or copy
February 05, 2025, 08:01:18 AM
February 05, 2025, 07:31:59 AM
When asked if most people will use Bitcoin in 10 years, older folks doubt it, young ones believe. But across all ages, optimism has grown in just two years. The future belongs to the young, the old won’t be here much longer. Bitcoin wins either way.
$BTC IS HOPE.
https://x.com/Saylorsatsire/status/1887086170380685583?t=oO76Ti3lXBgaQ9QRgKny9g&s=19
$BTC IS HOPE.
https://x.com/Saylorsatsire/status/1887086170380685583?t=oO76Ti3lXBgaQ9QRgKny9g&s=19
February 05, 2025, 07:01:17 AM
February 05, 2025, 06:39:39 AM
Market makers use paper hands and leveraging apes to suck money out of the spot market, then they buy at cheaper prices via OTC or from miners.
Practically buying cheaper corn using the money of the weak.
Practically buying cheaper corn using the money of the weak.
Indeed. Don't think of online exchanges as price discovery. They are the realm of people who don't know anyone.
Sorry, I have no clue what two of you are talking about.
I simply send "stuff' to exchanges when i want to sell OR send $$ when i want to buy.
Some exchanges HAVE an OTC desk, btw.
Plus...some exchanges are pretty liquid, so your bid or ask have a tendency to fill pretty quickly.
You're missing the point.
The point is that big players don't use online exchanges to accumulate large quantities of Bitcoin. They play the exchanges to manipulate the prices and then use those prices to accumulate elsewhere.
Yes, I know some exchanges have an OTC "desk". One exchange I use has an OTC transaction minimum of $20k. All trades are done voice-to-voice over the phone on a first name basis. The only thing online is a confirmation/receipt email. I'm not a big player, just a relatively small fish.
I don't know..Saylor seems to be buying the "top" all the time.
Nobody seems to "create" any discounts for his outlandishly large buys.
The thing that Saylor understands, that few others do, is that "there is no top."
It kinds reminds me of the time when Homer negotiated paying to do the superbowl half time show. "S16E8: Homer and Ned's Hail Mary Pass"
https://comb.io/R9P076
OTC: That will be $200M dollars
Saylor: (CHUCKLES) Suckers i would have paid $205M...
OTC: Ok, pay $205M
Saylor: Damn it. Ok here's $205M...
OTC: Thank you
Saylor: (CHUCKLES) Suckers, i would have paid $210M...
OTC: Fine Pay Us $210M...
All jokes aside, he is in another league... They do things differently and see things differently...
We 99% rely on bitcoin to help generate our wealth, Saylor and the 1% is relying on Bitcoin to protect their wealth... Same Game, 2 Different Goals!
So yeah, when we are talking about price discovery, buying at the top, BTFD, that's generally relates to the 99% of us and background noise to the 1%...
February 05, 2025, 06:16:37 AM
💥BREAKING: BlackRock bought $276.16 MILLION worth of #Ethereum yesterday.
THIS IS MASSIVE!😱
[img :-]https://i.ibb.co/zTSpsLnq/20250205-100344.jpg[/img]
https://x.com/rovercrc/status/1887022342771183637?t=Fs_ZE6o0FrTvFJJbTxgXtw&s=19
THIS IS MASSIVE!😱
[img :-]https://i.ibb.co/zTSpsLnq/20250205-100344.jpg[/img]
https://x.com/rovercrc/status/1887022342771183637?t=Fs_ZE6o0FrTvFJJbTxgXtw&s=19
Massive fuck up
BULLISH 🚀
Blackrock didn't just bought $ETH worth $276.16 million,he also bought $249 million worth of $BTC combine, all in one day. This guy is super bullish about the market.
Never sell your Bitcoin,Buy and Hodl
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