I cannot think of a reason against the idea if big institutional money is taking positions now on the OTC market, that they would also be spending the comparatively smaller money on driving down the retail prices. Seems almost obvious.
If this paranoid scenario is indeed happening, then eventually the OTC market will dry up at these prices. That strategy has a shelf life, I think.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5858. (Read 26716032 times)
March 22, 2021, 07:30:46 PM
March 22, 2021, 07:20:36 PM
March 22, 2021, 06:50:07 PM
It's just a pre-Coinbase IPO dip.
WS is trying to create a discount.
WS is trying to create a discount.
March 22, 2021, 06:34:22 PM
We are about to reverse and head back to $60k+ area! 
Yes please, enough fucking around now. Weak hands shaken out, coins bought by stronger, smarter hands. Time to pump it
March 22, 2021, 06:30:10 PM
We are about to reverse and head back to $60k+ area!
March 22, 2021, 06:29:35 PM
What's this? Sub $50k soon or what's happening... I wanted to see $70k this week, still on @WO?
It is a weird occurrence in the crypto sphere.I was thinking of this exact scenario just yesterday:
"What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Well today I have my answer to my question.
From $57k when I woke up to $54k as of now.
The last time I checked we are on a branch of the speculation topic.
Calm your tits dude.
"What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Interesting thought although I'd call it unlikely as I'd describe them as woke right now.Tesla with the snake Elon at the helm on the other hand, there's no telling what they'd be up to..
Elon did not purchase the BTC.
It was his company Tesla who bought it.
https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html
Everyone and their f*cking dogs know this already.
Since he is a shill for Doge and has been from the very start of his dive into cryptocurrencies.
Hail the CEO of Dogecoin for a day.
He has stated many times over and over again: He only owns 0.25btc.
source: https://www.forbes.com/sites/billybambrough/2021/03/19/tesla-billionaire-and-bitcoin-bull-elon-musk-is-actually-the-answer-to-climate-change-claims-former-trump-comms-director/?sh=6d0ae4741b8e
Elon = Tesla in this case.
March 22, 2021, 06:28:38 PM
"What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Interesting thought although I'd call it unlikely as I'd describe them as woke right now.
Tesla with the snake Elon at the helm on the other hand, there's no telling what they'd be up to..
Same applies to Elon - buying at $30k and selling at $50k is that a clever move from a billionaire? Believe me, these big guys are not even going to consider selling before we go deep into 6 digits or even reach 7 digits. I'm sure they see the big picture and $1.5b is peanuts for them...
I expect people like Elon and other mega billionaires to always be a few steps ahead of the rest of us so you tell me.. I've never had billions to manage so I wouldn't even attempt to think like them hence my statement "there's no telling what tehy'd be up to".
Would you consider selling at deep 6 digits or even 7? If the answer is yes then I would absolutely expect Elon and co. to be way ahead of you.
I am not selling my entire stash (oh shit forgot I lost it in a nasty boating accident) even if we'll reach 7 digits. If you can sell it almost risk-free at $200-300k then why selling at $57k? 100% gains? That's peanuts, pocket money whatever you call it... always zoom out for a bigger picture that's what billionaires do..
March 22, 2021, 06:14:57 PM
Usually March, is always a bad month for BTC... Probably will see again a good run from April and the TOP (or first TOP, if it is in 2 times) in June.
We are poor in march but rich before summer in both cases
We are poor in march but rich before summer in both cases
Yeah, right, total disaster... new ATH reached in March that's a shitty month no doubt...
Didn't say it is a disaster this year, but scroll down and you will see on almost all the previous years.
This march 2021 : Small ATH yes. and boring month as well.
March 22, 2021, 06:03:02 PM
What's this? Sub $50k soon or what's happening... I wanted to see $70k this week, still on @WO?
It is a weird occurrence in the crypto sphere.I was thinking of this exact scenario just yesterday:
"What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Well today I have my answer to my question.
From $57k when I woke up to $54k as of now.
The last time I checked we are on a branch of the speculation topic.
Calm your tits dude.
"What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Interesting thought although I'd call it unlikely as I'd describe them as woke right now.Tesla with the snake Elon at the helm on the other hand, there's no telling what they'd be up to..
Elon did not purchase the BTC.
It was his company Tesla who bought it.
https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html
Everyone and their f*cking dogs know this already.
Since he is a shill for Doge and has been from the very start of his dive into cryptocurrencies.
Hail the CEO of Dogecoin for a day.
He has stated many times over and over again: He only owns 0.25btc.
source: https://www.forbes.com/sites/billybambrough/2021/03/19/tesla-billionaire-and-bitcoin-bull-elon-musk-is-actually-the-answer-to-climate-change-claims-former-trump-comms-director/?sh=6d0ae4741b8e
March 22, 2021, 05:56:50 PM
Saylor and Musk finally did the math and now they know where bitcoin is headed and are probably divesting slowly to get into safer stores of value, like USD.
The inside scoop is they are going all in NFT and dumping because weak hands.
March 22, 2021, 05:52:07 PM
"What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Interesting thought although I'd call it unlikely as I'd describe them as woke right now.
Tesla with the snake Elon at the helm on the other hand, there's no telling what they'd be up to..
Same applies to Elon - buying at $30k and selling at $50k is that a clever move from a billionaire? Believe me, these big guys are not even going to consider selling before we go deep into 6 digits or even reach 7 digits. I'm sure they see the big picture and $1.5b is peanuts for them...
I expect people like Elon and other mega billionaires to always be a few steps ahead of the rest of us so you tell me.. I've never had billions to manage so I wouldn't even attempt to think like them hence my statement "there's no telling what tehy'd be up to".
Would you consider selling at deep 6 digits or even 7? If the answer is yes then I would absolutely expect Elon and co. to be way ahead of you.
March 22, 2021, 05:49:00 PM
Saylor and Musk finally did the math and now they know where bitcoin is headed and are probably divesting slowly to get into safer stores of value, like USD.
March 22, 2021, 05:47:57 PM
Usually March, is always a bad month for BTC... Probably will see again a good run from April and the TOP (or first TOP, if it is in 2 times) in June.
We are poor in march but rich before summer in both cases
We are poor in march but rich before summer in both cases
Yeah, right, total disaster... new ATH reached in March that's a shitty month no doubt...
March 22, 2021, 05:47:07 PM
"What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Interesting thought although I'd call it unlikely as I'd describe them as woke right now.
Tesla with the snake Elon at the helm on the other hand, there's no telling what they'd be up to..
Same applies to Elon - buying at $30k and selling at $50k is that a clever move from a billionaire? Believe me, these big guys are not even going to consider selling before we go deep into 6 digits or even reach 7 digits. I'm sure they see the big picture and $1.5b is peanuts for them...
March 22, 2021, 05:38:42 PM
What's this? Sub $50k soon or what's happening... I wanted to see $70k this week, still on @WO?
It is a weird occurrence in the crypto sphere.I was thinking of this exact scenario just yesterday:
"What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Well today I have my answer to my question.
From $57k when I woke up to $54k as of now.
What a load of bs! These big guys don't care if it's $60k, $30k or $70k. They see the potential/real value of BTC which is at very least a six digit number (7 digit in a more distant future). So if you're assuming Grayscale/MS are selling now you gotta be retarded man!
March 22, 2021, 05:38:17 PM
Usually March, is always a bad month for BTC... Probably will see again a good run from April and the TOP (or first TOP, if it is in 2 times) in June.
We are poor in march but rich before summer in both cases
We are poor in march but rich before summer in both cases
March 22, 2021, 05:11:26 PM
"What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Interesting thought although I'd call it unlikely as I'd describe them as woke right now.
Tesla with the snake Elon at the helm on the other hand, there's no telling what they'd be up to..
March 22, 2021, 05:10:01 PM
What's this? Sub $50k soon or what's happening... I wanted to see $70k this week, still on @WO?
It is a weird occurrence in the crypto sphere.I was thinking of this exact scenario just yesterday:
"What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Well today I have my answer to my question.
From $57k when I woke up to $54k as of now.
March 22, 2021, 05:04:27 PM
What's this? Sub $50k soon or what's happening... I wanted to see $70k this week, still on @WO?
March 22, 2021, 05:04:27 PM
“Watch what they do not what they say” they say, with that in mind I cannot help to think that despite all the complaining people love to be poor as they are not buying bitcoin, the best way to stop being poor that has appeared during the last century.
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