Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 359.

Lucius

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Quote from: Zeunerts on June 04, 2024, 08:21:54 AM

- Thailand approves first spot Bitcoin ETF.

Great news - first they banned Bitcoin as a means of payment, but they don't mind trading through ETFs - is that called adaptation or?

Quote from: Zeunerts on June 04, 2024, 08:21:54 AM

When supply shock? Bears are about to get fucked, hard.

When I last looked at the liquidity data on CEXs, it said that they had about 1.8 million BTC - and regardless of the accuracy of the data, I think that the supply shock that has been talked about for years is not yet in sight.

ChartBuddy

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Zeunerts

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- Thailand approves first spot Bitcoin ETF.
- Australia’s first Bitcoin ETF launched today.
- US Bitcoin ETFs saw $105 million in inflows yesterday, the 15th straight day of inflows.
- The state of Wisconsin is investing in Bitcoin
- Hong Kong Bitcoin ETFs saw $32 million in inflows yesterday.

When supply shock? Bears are about to get fucked, hard.

philipma1957

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Quote from: somac. on June 04, 2024, 06:18:23 AM

Quote from: LFC_Bitcoin on June 03, 2024, 03:10:26 PM

$70,000 still a tough nut to crack by the looks of it. We’ll smash through it soon though, I really don’t know why people are selling or shorting in this range. It’s like picking up pennies in front of a steaming locomotive.

I think this time next year we will all be a hell of a lot richer than we are now. It’s the start of the business end of this four year cycle. Don’t drink too much, don’t take too many drugs, cut down on the hookers. We all need to be of sound mind for 18 months now.

Those sellers are probably exchanges selling paper bitcoin to the inflows. It's how Binance keeps its own centralized shitcoin afloat I bet. For whatever reason many exchanges hate Bitcoin.

They use and abuse BTC.

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Quote from: BitcoinBunny on June 04, 2024, 06:08:33 AM

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Lucius

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Quote from: somac. on June 04, 2024, 06:18:23 AM

Quote from: LFC_Bitcoin on June 03, 2024, 03:10:26 PM

$70,000 still a tough nut to crack by the looks of it. We’ll smash through it soon though, I really don’t know why people are selling or shorting in this range. It’s like picking up pennies in front of a steaming locomotive.

I think this time next year we will all be a hell of a lot richer than we are now. It’s the start of the business end of this four year cycle. Don’t drink too much, don’t take too many drugs, cut down on the hookers. We all need to be of sound mind for 18 months now.

Those sellers are probably exchanges selling paper bitcoin to the inflows. It's how Binance keeps its own centralized shitcoin afloat I bet. For whatever reason many exchanges hate Bitcoin.

They don't literally hate BTC, they just think that a lot more money can be made from all those shitcoins that are listed on their platforms. In addition, they all have their own tokens that they try to push as something that brings profit, but in fact they sell one big nothing.

At the end of the day, that CEX you mentioned became one big spy platform anyway, because CZ had to pay for its freedom with something extra besides a bunch of money.

ChartBuddy

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shahzadafzal

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Quote from: BitcoinBunny on June 04, 2024, 04:27:50 AM

Quote from: shahzadafzal on June 03, 2024, 04:27:04 PM

Reddit, Twitter?

You filthy cheater.

WhatsApp :p

But watermark suggests The BTC The Rapist

somac.

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Never selling

Quote from: LFC_Bitcoin on June 03, 2024, 03:10:26 PM

$70,000 still a tough nut to crack by the looks of it. We’ll smash through it soon though, I really don’t know why people are selling or shorting in this range. It’s like picking up pennies in front of a steaming locomotive.

I think this time next year we will all be a hell of a lot richer than we are now. It’s the start of the business end of this four year cycle. Don’t drink too much, don’t take too many drugs, cut down on the hookers. We all need to be of sound mind for 18 months now.

Those sellers are probably exchanges selling paper bitcoin to the inflows. It's how Binance keeps its own centralized shitcoin afloat I bet. For whatever reason many exchanges hate Bitcoin.

BitcoinBunny

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