Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3699. (Read 26609788 times)

Happy Birthday Satoshi (It's Hal for me)



https://twitter.com/DocumentingBTC/status/1511338688453791746

https://news.bitcoin.com/bitcoin-mining-startup-primeblock-to-go-public-via-spac-merger-as-sec-targets-spac-deals/

Wait?

Macrostrategy?  (EDIT.. Ah I see.  Evidently Macrostrategy is the parent company or sister or something?)

But I have been thinking about this, as well as trying to figure out how many treasuries of nations have also figured out what he has.

Us ants figured it out a while back.  But the simple fact is as more and more companies realize that no matter what happens with "Crypto" or "Stablecoins" or "Web3", (seriously no matter... it can take over the world, or it can all go up in flames) there will ONLY EVER BE one pristine, mathematically perfect asset that we all agree on.  And the network effect of Bitcoin can no longer be overcome.

I personally think there will be other "crypto" tech that is important.   And I think Saylor groks that very deeply too.  He likes to compare the other crypto assets as VC investments.  This is a good comparison, but like so many other tech projects it is to the extreme.  I do not know what the hit rate is on the average Silicon Valley VC investment is?  1 in 10?  1 in 100?  Well I think with "crypto" it will be on the order of 1 in 1000 or more likely 1 in 5000.

Right now, the bet is so lopsided it does not even pay to consider these other ideas unless you are a gambler, and deeply knowledgeable about the VERY few projects that might actually matter.

And AMAZINGLY we are still in the zone in which there is a very lopsided payoff in an investment into Bitcoin.

We are still early.  But now that the world is really waking up to this we are truly in the calm before the storm.  And it will not remain calm for much longer, in my humble opinion.  

Microstrategy has a VERY UNIQUE situation in which it both MUST announce it's buys, and it does not hurt them to do so.  Other big buyers are much smarter (in their own contexts) to be doing accumulation on the down low.  Countries that are currently accumulating Bitcoin are smart to do it quietly for as long as they can.  While El Salvador has the unique position to do it in the open.

There are working price strategies that can be used to keep the spot price of Bitcoin depressed while all this accumulation is going on.  I have mentioned it many times before but the idea is for a large entity to be buying X coins on the OTC markets and then selling a percentage of those coins on the retail markets as they continue to buy.  I used to consider this a theory.  But at this point I believe it is an inevitability.

This strategy can only hold up for so long.  There is no buffer in the Bitcoin market.  There is no net.  There is no safety.  There is no eject button.  And very soon this unique calm before the storm period is going to end.  Maybe it is just my love of the dramatic.  But I have a hard time seeing the markets to just gently rise over another decade.  I DO think we eventually get to that point.  But that is going to be after a majority of the value that will come into Bitcoin is already there.   And we are no where near that point yet.

I know you are all strapped in by now.  I would say it's time to check the straps and all the systems.  We are T minus SOMETHING.  And no one knows what SOMETHING is.

That is the fun part.

Thanks for reminding me that I am on the right track, already on short from $47,900.

Explanation

Then I hope you appreciate my quick posting on the WO for you to short the market!

Market crashes everytime he posts his company's buying. :3

Go Micheal go!

Explanation

Explanation

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Explanation

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A candidate for Canadian prime minister pays his lunch in Bitcoin.



Click the image to watch video or go to this link.
https://youtu.be/X01o571c1vg

A single day!!!  now its 41 days.
And now having to recruit goat fuckers and child rapists from Syria plus move troops from Georgia to try keep up the failing momentum.
There are more real Neo Nazis in RF and their army than the rest of the world combined.
Putin has already lost this war (in every way) even if they do eventually have some military success and temporarily change the borders.
It would be a good time for powerful Finland to reclaim Karelia, Salla and Petsamo from Russia, this would be a one day operation.
Japan should also reclaim their Kuril Islands whilst Russia is busy elsewhere, although their constitution forbids using military force to settle disputes.

Keep on trolling buddy, it provides some amusement while we spend some time consolidating in the mid $40k range.

Explanation

A Good Move of BTC after the First day of week as i speculated last week a Good sign shown by the BTC i was expecting a bounce back from the majour Support level and BTC Bounced back again.











Now i am Watching if BTC make 1 or 2 candles of daily chart above the 48k then there will be the golden entry of the week which can be a profit from 10% to 25% in alt coins and 5% to 7% in BTC movement and that Situation will make a good volume in trade then may be 50k resistance can be broken by BTC for now thats all need 3 candle or 2 candles of daily movement above the 47500 to 48200.

Explanation

https://twitter.com/LeagueCrypto/status/1511083810510807040

SBF is the same fiat bitch he always was, imo.

EDIT: Enough of the ranting. Gotta pick up my body and do some cleanup work, after carrying dozens of 12 feet long hardwood logs, yesterday. A couple of minutes in icy water should fix this quickly.

Exchanges Moto.