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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 649. (Read 26468552 times)
March 11, 2024, 03:49:51 PM
March 11, 2024, 03:38:19 PM
Yeah that 10k drop a few days ago made me think "Ah the good old days are back!"
Fortunately I didn't have a sell wall at that point. But still yeah those can wipe out a backup position quickly. Then again that's why you have them so you don't wind up catching a 30k falling knife.
Fortunately I didn't have a sell wall at that point. But still yeah those can wipe out a backup position quickly. Then again that's why you have them so you don't wind up catching a 30k falling knife.
March 11, 2024, 03:27:39 PM
March 11, 2024, 03:20:06 PM
This is being the most calm and slow progressing ATH I ever witnessed. Not gonna complain though.
P.S.: In other words... anyone else "miss" the good old violent pumps and dumps?
P.S.: In other words... anyone else "miss" the good old violent pumps and dumps?
there was a violent revisit under 60k .... already far to violent for me...
please give the seasoned OG's just a forward travel thx in advance.
yep march 5th we dropped hard.
close to 73k.
March 11, 2024, 03:16:23 PM
This is being the most calm and slow progressing ATH I ever witnessed. Not gonna complain though.
P.S.: In other words... anyone else "miss" the good old violent pumps and dumps?
P.S.: In other words... anyone else "miss" the good old violent pumps and dumps?
there was a violent revisit under 60k .... already far to violent for me...
please give the seasoned OG's just a forward travel thx in advance.
March 11, 2024, 03:15:59 PM
when 3x wo page count?
🔜 soon?
it would be 99426
as 3x33142= 99426
I wonder that if we ever get to 3x page count what will it be?
33333x3=99999
so I have to think that is not going to happen that soon.
maybe by 35000 we are at 105000
🔜 soon?
it would be 99426
as 3x33142= 99426
I wonder that if we ever get to 3x page count what will it be?
33333x3=99999
so I have to think that is not going to happen that soon.
maybe by 35000 we are at 105000
March 11, 2024, 03:06:07 PM
This is being the most calm and slow progressing ATH I ever witnessed. Not gonna complain though.
P.S.: In other words... anyone else "miss" the good old violent pumps and dumps?
P.S.: In other words... anyone else "miss" the good old violent pumps and dumps?
March 11, 2024, 03:01:14 PM
March 11, 2024, 02:56:57 PM
Wow, congrats to everybody on WO and all bitcoiners elsewhere!
Typically, though, it retraces back to the prior ATH to "kiss it goodbye" before traveling up, but this bull is very strong, so I don't know if this is in the cards.
Maybe, depending on inflation numbers tomorrow.
EDIT: Saylor buying en masse probably depleted Coinbase stash causing them to go offline periodically last week.
EDIT2: There is only one MSTR, but I wonder of someone would not try to mirror their path and use some profitable company, then try to "SPAC" it into MSTR2. Maybe it is not easy to do as Musk tried something like this, but Mr. market did not give Tesla any premium for holding btc.
Typically, though, it retraces back to the prior ATH to "kiss it goodbye" before traveling up, but this bull is very strong, so I don't know if this is in the cards.
Maybe, depending on inflation numbers tomorrow.
EDIT: Saylor buying en masse probably depleted Coinbase stash causing them to go offline periodically last week.
EDIT2: There is only one MSTR, but I wonder of someone would not try to mirror their path and use some profitable company, then try to "SPAC" it into MSTR2. Maybe it is not easy to do as Musk tried something like this, but Mr. market did not give Tesla any premium for holding btc.
Is CB so poorly liquid that it cannot support the purchase of 12 000 BTC? I recently looked at a list of CEXs and it says that CB have about 400 000 + BTC - and I wonder if Saylor causes one CEX to start having liquidity problems, where do all the spot ETFs buy from? As of March 8, ETFs hold slightly more than 400 000 BTC + about the same amount if we consider Grayscale.
Source
Most coins should be held in cold storage IMHO.
If that is the reason exchanges have issues sometimes they should simply say so, security is something we can all agree is key.
March 11, 2024, 02:25:32 PM
Wow, congrats to everybody on WO and all bitcoiners elsewhere!
Typically, though, it retraces back to the prior ATH to "kiss it goodbye" before traveling up, but this bull is very strong, so I don't know if this is in the cards.
Maybe, depending on inflation numbers tomorrow.
EDIT: Saylor buying en masse probably depleted Coinbase stash causing them to go offline periodically last week.
EDIT2: There is only one MSTR, but I wonder of someone would not try to mirror their path and use some profitable company, then try to "SPAC" it into MSTR2. Maybe it is not easy to do as Musk tried something like this, but Mr. market did not give Tesla any premium for holding btc.
Typically, though, it retraces back to the prior ATH to "kiss it goodbye" before traveling up, but this bull is very strong, so I don't know if this is in the cards.
Maybe, depending on inflation numbers tomorrow.
EDIT: Saylor buying en masse probably depleted Coinbase stash causing them to go offline periodically last week.
EDIT2: There is only one MSTR, but I wonder of someone would not try to mirror their path and use some profitable company, then try to "SPAC" it into MSTR2. Maybe it is not easy to do as Musk tried something like this, but Mr. market did not give Tesla any premium for holding btc.
Is CB so poorly liquid that it cannot support the purchase of 12 000 BTC? I recently looked at a list of CEXs and it says that CB have about 400 000 + BTC - and I wonder if Saylor causes one CEX to start having liquidity problems, where do all the spot ETFs buy from? As of March 8, ETFs hold slightly more than 400 000 BTC + about the same amount if we consider Grayscale.
Source
Maybe not MSTR by itself, but MSTR layered on the top of multiple ETF purchases, but who knows, it was just time-correlated.
EDIT: Another 5K btc and MSTR would be at 1% bitcoin that would ever be. I wonder if M.Saylor would stop there, though. I also remember that Roger "the finger" Ver had 300K btc at some point (which he, apparently, bought at $5 per). I wonder how much of that stash he subsequently converted to a fork which he was so adamant about. He was definitely NOT a hodler.
March 11, 2024, 02:23:58 PM
March 11, 2024, 02:10:30 PM
March 11, 2024, 02:08:57 PM
Time to change the poll, no?
Yeah, otherwise it's way too easy now. Duh. Anyone who wouldn't pick 65k now is just being a contrarian.
Price - function of time
Looking smooth at every point
Until it isn't
#haiku
March 11, 2024, 02:02:19 PM
buddy and badger are pushing us higher and higher.
March 11, 2024, 02:01:18 PM
March 11, 2024, 01:42:43 PM
Good morning WO!
I spy with my little eye.... 71k!
So we have now entered no-mans-land. The new frontier (ha, get it? Because Star Trek).
Can't wait for us to pass 100k, finally! Those ETF's sure are doing their job
. Good.
I spy with my little eye.... 71k!
So we have now entered no-mans-land. The new frontier (ha, get it? Because Star Trek).
Can't wait for us to pass 100k, finally! Those ETF's sure are doing their job
. Good. We entered no man's land at $55k..and it probably lasts until about $82k-ish... give or take a couple k..
Sure, this would be called price discovery (and yeah probably in that regard the new frontier of places not yet explored) since all time highs are being reached.. and hard to even come close to proclaiming that we are approaching either blow off top territory or even over exuberance.. yet.. .. but yeah, if we go to $90k in the next 12 to 36 hours, I, personally, would consider that to be over exuberance... each person likely has their own definition and that's why some people are still waiting for a 50% correction.
We are not over exuberant. Yet.
Mining pays 12 cents a th
or 6 cents in a month. That 6 cents is very shitty for mining.
But if we were at 123456 right now we would be at 20 cents a th soon to be 10 cents a th at the 1/2ing
if we are at those numbers after the 1/2 ing it would be uncharted highs for miners right after the ½ ing.
Soon to see what happens
March 11, 2024, 01:40:17 PM
Is CB so poorly liquid that it cannot support the purchase of 12 000 BTC? I recently looked at a list of CEXs and it says that CB have about 400 000 + BTC - and I wonder if Saylor causes one CEX to start having liquidity problems, where do all the spot ETFs buy from? As of March 8, ETFs hold slightly more than 400 000 BTC + about the same amount if we consider Grayscale.
Source
Source
Coinbase has reserves greater than Satoshi himself. Or in other words, over 1 million BTC.
It would be unlikely that Microstrategy alone could cause a liquidity crunch. But then again, I (We) have seen dumb exchanges go down with less.
March 11, 2024, 01:38:51 PM
huahhhhhhhhhh very long sleep 
BTC Towards $ 100k wakes me up
BTC Towards $ 100k wakes me up
March 11, 2024, 01:36:19 PM
Poll should change to:
What do you think will happen first:
Back to 65K or new ATH at 100K.
What do you think will happen first:
Back to 65K or new ATH at 100K.
how about 66666 or 77777?
66666 or 99999?
99999 or 123456?
March 11, 2024, 01:29:40 PM
Wow, congrats to everybody on WO and all bitcoiners elsewhere!
Typically, though, it retraces back to the prior ATH to "kiss it goodbye" before traveling up, but this bull is very strong, so I don't know if this is in the cards.
Maybe, depending on inflation numbers tomorrow.
EDIT: Saylor buying en masse probably depleted Coinbase stash causing them to go offline periodically last week.
EDIT2: There is only one MSTR, but I wonder of someone would not try to mirror their path and use some profitable company, then try to "SPAC" it into MSTR2. Maybe it is not easy to do as Musk tried something like this, but Mr. market did not give Tesla any premium for holding btc.
Typically, though, it retraces back to the prior ATH to "kiss it goodbye" before traveling up, but this bull is very strong, so I don't know if this is in the cards.
Maybe, depending on inflation numbers tomorrow.
EDIT: Saylor buying en masse probably depleted Coinbase stash causing them to go offline periodically last week.
EDIT2: There is only one MSTR, but I wonder of someone would not try to mirror their path and use some profitable company, then try to "SPAC" it into MSTR2. Maybe it is not easy to do as Musk tried something like this, but Mr. market did not give Tesla any premium for holding btc.
Is CB so poorly liquid that it cannot support the purchase of 12 000 BTC? I recently looked at a list of CEXs and it says that CB have about 400 000 + BTC - and I wonder if Saylor causes one CEX to start having liquidity problems, where do all the spot ETFs buy from? As of March 8, ETFs hold slightly more than 400 000 BTC + about the same amount if we consider Grayscale.
Source
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