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. 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2309. (Read 26709769 times)
March 08, 2023, 11:51:38 AM
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. 
March 08, 2023, 08:23:41 AM
March 08, 2023, 08:01:17 AM
March 08, 2023, 08:00:03 AM
Women's-day might have many WOguys occupied...
March 08, 2023, 07:01:21 AM
March 08, 2023, 06:45:21 AM
Does this have anything to do with the mounting pressure on Bitcoin's price for the moment?
The wallet is connected to US government law enforcement. 40,000 BTC have just been moved. I wonder why they didn't empty the wallet and left 825 BTC in it? That's a bit weird. It's a good question how many BTC the government still has as I am not sure whether they would announce every single BTC seizure publicly. They do announce the big ones for sure as they draw a lot of public attention anyway, but I guess they are sitting on quite some more.
The wallet is connected to US government law enforcement. 40,000 BTC have just been moved. I wonder why they didn't empty the wallet and left 825 BTC in it? That's a bit weird. It's a good question how many BTC the government still has as I am not sure whether they would announce every single BTC seizure publicly. They do announce the big ones for sure as they draw a lot of public attention anyway, but I guess they are sitting on quite some more.
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
March 08, 2023, 06:01:17 AM
March 08, 2023, 05:31:38 AM
Watch Senator CynthiaMLummis defend #bitcoin mining energy use in Congressional hearing today
https://twitter.com/DocumentingBTC/status/1633214192437084161
She obviously gave her best and was very motivated.
but imo she should have attacked the argument of POW not being needed by asking him about:
- lack of decentralization with POS
- lack of freedom to fork away from any current stakers (nothing at stake)
- ...
would probably have been important news to many in the room and flabby guy wouldn't be able to rebut any of that
https://twitter.com/DocumentingBTC/status/1633214192437084161
She obviously gave her best and was very motivated.
but imo she should have attacked the argument of POW not being needed by asking him about:
- lack of decentralization with POS
- lack of freedom to fork away from any current stakers (nothing at stake)
- ...
would probably have been important news to many in the room and flabby guy wouldn't be able to rebut any of that
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