Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2262. (Read 26630367 times)
March 08, 2023, 01:01:21 PM
March 08, 2023, 12:55:28 PM
I'm personally offended.
Chicks?
But maybe it is just a typo and instead of "CH" they wanted to write "D"?
Yep. That's definitely a bag of marshmallow dicks. Somebody's going to get fired.
Wow! Easter already! I sure you can help photoshop the new label "Bunnies Dicks"... help save someone's job!
March 08, 2023, 12:33:48 PM
I'm personally offended.
Chicks?
But maybe it is just a typo and instead of "CH" they wanted to write "D"?
Yep. That's definitely a bag of marshmallow dicks. Somebody's going to get fired.
March 08, 2023, 12:14:59 PM
Anytime the price could go down but we don't care about that the important thing is for long term with 10 years duration it will be better for bitcoin we are now more appropriate to go in and buy bitcoin by any means maybe DCA is becoming a simple and common practice but make sure it is held firmly and long.
Focus the portfolio on bitcoin and don't look at other shitcoins.
Don't forget to HOLD.
I tried shitcoins many years ago but I learned my lesson I am only invested in Bitcoin now and I think I have probably invested a lot more then the average investor. Maybe not in the amount that I invested but the percentage of my net worth. I am definitely hodling and will not sell any of my Bitcoin until it reaches my target which I think is many years away atm. Focus the portfolio on bitcoin and don't look at other shitcoins.
Don't forget to HOLD.
March 08, 2023, 12:03:40 PM
March 08, 2023, 12:02:07 PM
22k $ looks like a nice reentry with limited downside risk imho… we could see 21,600 imo but I’ll buy these levels and strong buy at 21,600 if this continues.
There is always a risk of Bitcoin going down in a short time but most of us here are here for the long term. I say any point is a good time to invest if you are going to be holding Bitcoin for a long time. I am thinking many years but if you want to sell in the short term then dca is the best way to invest. Focus the portfolio on bitcoin and don't look at other shitcoins.
Don't forget to HOLD.
I made a Pie by writing HODL BITCOIN as my motivation for bitcoin. lol
March 08, 2023, 12:01:17 PM
March 08, 2023, 11:51:38 AM
22k $ looks like a nice reentry with limited downside risk imho… we could see 21,600 imo but I’ll buy these levels and strong buy at 21,600 if this continues.
There is always a risk of Bitcoin going down in a short time but most of us here are here for the long term. I say any point is a good time to invest if you are going to be holding Bitcoin for a long time. I am thinking many years but if you want to sell in the short term then dca is the best way to invest. 
March 08, 2023, 11:50:51 AM
I'm personally offended.
Chicks?
But maybe it is just a typo and instead of "CH" they wanted to write "D"?
Bunnies & Dicks?
#NoHomo
March 08, 2023, 11:04:38 AM
I'm personally offended.
Chicks?
But maybe it is just a typo and instead of "CH" they wanted to write "D"?
March 08, 2023, 11:01:18 AM
March 08, 2023, 10:59:25 AM
22k $ looks like a nice reentry with limited downside risk imho… we could see 21,600 imo but I’ll buy these levels and strong buy at 21,600 if this continues.
Hey Jay, not smug like the 17$ bottom… just having fun and trying to be humble knowing that Bitcoin has and will humble us all eventually
Hey Jay, not smug like the 17$ bottom… just having fun and trying to be humble knowing that Bitcoin has and will humble us all eventually
March 08, 2023, 10:37:26 AM
There goes 22..
Sigh....
Sigh....
finally more dip
plan worked.
and it is my dca day nice.
2x fiat of dca
4x fiat of dip
March 08, 2023, 10:24:57 AM
I'm personally offended.
March 08, 2023, 10:14:44 AM
JUST IN - 🇪🇺 Europe's biggest asset manager, $2 trillion Amundi: "If inflation remains above target, #bitcoin ’s limited supply may start to attract more attention" 🚀
https://twitter.com/BitcoinMagazine/status/1633434899733532675?t=L6SOr6R3XOXqAxeLuCJQgA&s=19
https://twitter.com/BitcoinMagazine/status/1633434899733532675?t=L6SOr6R3XOXqAxeLuCJQgA&s=19
It would be nice to think that this would happen.
Just because it's logical doesn't mean it will.
Consider the super high inflation rates we've already seen and the endless noise of "strong economy", "central banks will pivot any day now." etc.
March 08, 2023, 10:01:21 AM
March 08, 2023, 09:44:57 AM
JUST IN - 🇪🇺 Europe's biggest asset manager, $2 trillion Amundi: "If inflation remains above target, #bitcoin ’s limited supply may start to attract more attention" 🚀
https://twitter.com/BitcoinMagazine/status/1633434899733532675?t=L6SOr6R3XOXqAxeLuCJQgA&s=19
https://twitter.com/BitcoinMagazine/status/1633434899733532675?t=L6SOr6R3XOXqAxeLuCJQgA&s=19
March 08, 2023, 09:04:48 AM
There goes 22..
Sigh....
Sigh....
March 08, 2023, 09:01:17 AM
March 08, 2023, 08:31:36 AM
They left 125.6K of their holdings after sending 9.8K to Coinbase, the 825 BTC balance is just one of many addresses, probably not that relevant.
There's a 40K transaction but 30K looks like a change address (not Coinbase and remains unsepnt).
Probably just paid Coinbase $200m for some dodgy blockchain analysis or something
https://beincrypto.com/us-gov-law-enforcement-wallet-moves-millions-bitcoin-will-sell/
For anyone slightly interested, Coinbase broke these up mainly into 10 BTC increments as well as some 476 BTC increments:
They initially broke them down into 100x 93 BTC increments (excluding one 476 increment - a 4.85% fee if I had to guess), while merging them into batches of 16.
Then down into increments of roughly 130x 10 BTC as well as 16x (ish) 476 BTC increments, which also remain unspent. That's roughly 9K unspent as far as I can tell.
The square dots are unspent transactions, the blue are spent, some are small 4 BTC amounts. Otherwise all very precisely calculated!
On the face of it, nothing much has happened with these coins so far, so not convinced there's much selling pressure from this batch.
Unless someone wanted to buy 9K BTC in increments of 10 and 476 via OTC, then it's already been sold.
Edit: Had to correct the math on that a bit
Ah yes you are correct as this article states. My bad as I didn't read it till the end, but still it is interesting to see when government agencies take action and sell off tens of thousands of Bitcoin. Maybe we shouldn't be fearing all too often that the US could come up with any disadvantageous regulations or laws for as long as they are among the biggest whales out there!
Hopefully they seize some more from illegal activities so they also have an incentive for Bitcoin's price to go up. 
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