Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28. (Read 26501912 times)

Explanation
Chartbuddy thanks talkimg.com

seems not to age so well

Hopefully Buddy has enough digits.


So frequently, that is what happens with trading bitcoin, because the explosive move upward paralyzes a lot of folks and leaves them without many if any coins... .

With my own strategy, I was always selling such small amounts of BTC on the way up, yet when the BTC price goes shooting up and so many sell orders are executed, there can be feelings of having way too much cash, even if the amounts sold at each time was relatively small amounts.... part of the reason that I frequently suggest to not sell any BTC at all unless you know that you have enough or more than enough, since there should be no expectation to be able to buy back sold coins at a lower price.

It is a tough balance because also some people prematurely conclude that they have enough coins or more than enough coins.. and even I am not completely innocent of such errors in my thinking or ways of framing my own BTC holdings, my practices and why I am doing what I am doing (and the ways that I am doing what I trying to do).


Historically he had been accused of ONLY holding all the keys at Coinbase, and then he hinted at having several custodians, so it seems that his custodial solutions are not very clear - though maybe I am missing any further disclosures that he had made in more recent times - since I would speculate that anyone investing in his various bitcoin accumulation (and HODL forever) strategies would want to have some assurance that he is not going to end up losing the coins.


To date, Saylor has not been much of a vocal advocate of NYKNYC, and he has been greatly criticized for making statements to the contrary, including criticizing cryptobros who insist on holding their own keys.. including that he had to walk back some of the levels of the harshness of his statements that seemed to overly criticize those advocating self-custody.

It is possible that Saylor might come around on this self-custody point (especially since a lot, if not all of bitcoin's power comes from abilities to self-custody it), yet it is a bit of a problematic area with Saylor, his practices and what he seems to be advocating, at least up until recently.

I agree with you that it would be quite powerful if Saylor were to lose access to a big chunk of coins...probably contributing to some turbulence in the BTC markets too, depending on how it plays out, even though as we realize positive side effects of taking coins off of the market does increase the value of the coins actually held by others... Saylor knows about that, since he also talked about dying with his coins... though he would not be able to die with MSTR's coins unless there were flaws in their custodial arrangement in which ONLY he had the keys.

Reminds me of a bit of a joke and it would be funny if Saylor was giving some presentation and then mentioned that he had all of his coins on a ledger that was dangling on his neck (and you know how so many bitcoiners don't have very good impressions of the security of ledgers - but also the OPsec would be a strange sight too).. or if he said that he had all of the seed words memorized.. would he use 12 words or 24 words?  He's got a big brain, so he could probably handle 24 words, and scatter them through at random points in his various presentations... 331,200 BTC hidden in plain sight.   


Oh yeah, I now remember some of the rumors of MSTR coins being held with Fidelity too, and yeah there are way more obstacles to self-custody with public companies and other kinds of fiduciaries like pension plans, financial advisors, trust administrators, and some others.


It seems to me that Simon Dixon has a lot of good perceptions and takes in regards to the various seemingly contradictory financial and/or political relations (and how they relate to bitcoin), and fairly regularly, he goes over those kinds of matters in several of his Bitcoin Hardtalk podcast episodes.

Explanation
Chartbuddy thanks talkimg.com

https://www.youtube.com/shorts/WIr_lD3l9Fg

Go up, scrape the sky
Fall back down and stir the mud
Liquidity hunt







#haiku

Explanation
Chartbuddy thanks talkimg.com

33 years ago, one of the biggest battles in Europe after World War II ended. The small town of Vukovar in the east of Croatia, with less than 2000 poorly armed defenders, managed to hold off an army of 36 000+ Serbian butchers for 87 days. The Serbian army broke its teeth there and thus enabled the rest of Croatia to arm itself (despite the sanctions) and eventually win the war of liberation.

The war crimes committed by the Serbian butchers after they conquered the city are monstrous, even today victims are being dug up from mass graves and thousands are missing. However, today Vukovar (Croatian Alamo) is a place that is a symbol of resistance and is visited by people from all over the world.

https://en.wikipedia.org/wiki/Battle_of_Vukovar

For he who has eyes to see.  It amazes me how few people still do not see it even though the mask has been off for like 5 years now.

Thre is no doubt that we are also fighting over Ukraine's land and resources.  But the game is rigged.  And several actors at the poker table are in collusion for sure.  But one big player who is not?  The general population of Earth. 

"If you can't spot the sucker in the first half hour at the table, then you are the sucker." - fictional character Mike McDermott

"It's a big club, and you ain't in it!" -George Carlin

oh yeah same circus is visiting Canada!


Another very important thing Schwab says here is that even Putin was in the "Young Global Leader" Program. Which really makes me wonder how much of all this US - Russian tensions are actually real and how much is a script for the public in order to accept all this money going to the weapon industry or so

I remember him saying that they use a custodian in an interview once.

As a public company they are held to different standards I guess.


There are rumors who these custodians are

https://cointelegraph.com/news/arkham-intelligence-microstrategy-bitcoin-fidelity

...

 Dude!  Inside voice...   

 Close - I'm in Canada but Klaus Schwab and his band of merry billionaires has 'penetrated' us too.

 https://www.youtube.com/watch?v=SjxJ1wPnkk4

Explanation
Chartbuddy thanks talkimg.com

FTFY.

They make spacecraft, too.

Umm.

Boing?

Yes. But even losing 40,000 coins would be devastating. I'm sure they have the proper security measures in place. The amounts they're playing with are just insane.

Being your own bank is no easy task...



Really? I would think this would be against his principles ("not your keys, not your coins" and all...), but with such amounts to deal with, I can (kind of) understand him. Also, it's MicroStrategy, not Saylor personally.

he once said they use an institutional custodian

lol. the straw thing on top of it made me laugh. It's so ridiculous.  I have a place in such a country as well. Bought a huge amount of 100V bulbs when they outlawed them.

sounds like you are in the EU somewhere 

hope the fix works for you as well.

Go go go

New ath in one hour