Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3421. (Read 26713514 times)

MicroStrategy has a $205m loan subject to margin call.

They also have BILLIONS in unused #Bitcoin collateral to satisfy the margin call. 

Relax, they’re not getting liquidated. 

https://twitter.com/BTC_Archive/status/1536698189067309057?cxt=HHwWgsC-5Y63udMqAAAA

Um?

hahahaha.. perhaps found someone who knows even less about trading than you, ImThour.. even though, you are surely famous in recent times... even going to be getting a statue in the near future (aka soon-ish^tm). I heard.. but you have to share such statue with Raja_MBZ.. since we (are you with me guys and gal?) are having some wee itty bitty of budgetary issues in recent times, if you had not heard about some of that?

 

** D_W is not going to be getting any statue.. that's for sure, unless it is somehow coupled with the mindrust statue in some kind of way.. where is that mindrust statue, by the way?


It's a fantasy anyhow.

Saylor also represented that they have enough BTC to cover their position with collateral down to mid-$3ks.. and even if the price went down to $3ks, they have other resources and options, besides their BTC in order to make sure that they do not get liquidated out of the BTC that they have for that one loan.

Sure, if BTC were to go down into the $3ks.. there surely would be a lot of folks hurting.. and that seems like a fantasy in itself.. I am having difficulties imagining the BTC price hovering in the $15k to $20k range in any kind of meaningful way.. more than a week or two at most.. and yeah, sure we can get surprised, but surely even the hovering in the $15k-$20k range does not seem like any kind of scenario that has chances greater than 15%-ish.. at best.

Indeed anyone who has held any amount of Bitcoin for more than 4 years has had a better ROI percentage than probably 99%  of all professional investors...

Explanation

That is exactly what I was talking about !!.. If we get a good dumping now, then it won't drag out to August < > October with the nonsense. 

Yep. The guy who coined the word "Bitcorn".

$10 per "share" indeed. 

GTFO!   

Even the Dude?

I thought that the Dude had never-ending reserves..

kind of like a federal bank (sugar daddy).


It's going to suck.. life used to be good with $1k bitcoin, and then $5k, and then $30k and then $50k-ish..

I mean much better than $250 to $500 in 2015..

And now we are going back to 2015?  or even prior to that?

Some of us are not going to like it.

Some of us kind of got used to having the extra lil side-cushion.

I think some of us got spoiled.


Soft.


Assuming that the 200-week moving average would largely hold (currently $22.3k0-ish), for example... sure a few spikes below the 200-week moving average is well to be expected.. but going lower than that in any kind of meaningful and substantial way?.. even like the 300-week moving average (around $16k currently) or even lower than that, might cause many of us to change some of our presumptions about our lil precious, but at the same time, it would be difficult to really stop buying BTC along the way and having faith that there is going to be a BTC recovery at some point. because nothing is really broken in BTC, and even if there are fractional reserve manipulators.. they are likely going to have their own reckoning with bitcoin being an asset that can be easily called into custody.. and even self-custodied without too many costs.

In these dire times it is nice to hear some good news from time to time:


After all, additional ~$300k to get back a token on a wannabee blockchain where the hash of the URL of that specific picture is stored seems like a great discount for idiots with too much money on their hands.

EDIT: Decided to "go greedy" with my LN node for a while. Default fees set to 100/1000 with higher base fees for the other major routers I'm connected to. Running LNDg really makes management of fees so much nicer since I activated it; automagically adjusting fees up-and-down as needed.

Normally I would want to see a retest of "rock" bottom (@ ~20k), just to be convinced. However, now we have the fed tomorrow (Wednesday)...


Source: https://news.yahoo.com/markets-grow-unanimous-aggressive-fed-113135678.html

I think Bitcoin might take off upwards after that, regardless of the outcome/result.

Not always. Look at all this guy's qualifications. He's an EXPERT.



https://en.wikipedia.org/wiki/Mark_T._Williams

BREAKING - Jack Dorsey’s TBD business unit to build Bitcoin Lightning Network infrastructure.

Source: https://twitter.com/BitcoinMagazine/status/1536732038341984258

Interesting this FUD shows up, isn't it?  Just a troll I guess?

No it hasn't, troll.

Another /ignore

Good job on both charts... The thing that makes this one have extra merit, in my opinion, is the rest of the market environment.  If stonks keep going down Bitcoin has to show some serious strength just holding THIS line...  and it MIGHT because I bet there is a lot of buying going on right now.

I would rather you be right the first time... but I would also rather we never went this low in the first place.

I imagine they are pretty busy.

In 6 months we will hear about Morgen Stanley and Goldmann Ballsacks hoovering up all these cheap coins as they push their own ETF's.

Explanation