Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 673.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: OutOfMemory on March 06, 2024, 10:55:25 AM

EDIT: Welcome back, Gyrsur Grin

Thank you brother in arms. Grin

Looks like Black Rock & Co. are buying massive amounts of physical BTC OTC and are hoping not to trigger the ATH again. Some nasty players build massive sell walls against the buying pressure. I smell conspiracy for not lifting up the price too soon before the Halving.

Suckers.

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

xhomerx10

legendary

Activity: 3808

Merit: 7912

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

AlcoHoDL

legendary

Activity: 2492

Merit: 4576

Addicted to HoDLing!

(Ant?) pump commencing!

*** Chopper readiness alert! ***

Edit: Looks like it deflated like a horny man looking at SBF's momma.

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

joker_josue

legendary

Activity: 1722

Merit: 4711

**In BTC since 2013**

Quote from: vapourminer on March 07, 2024, 09:50:02 AM

nice. glad he has a good home.

when i 1st glanced at your avatar i wondered what that was in your hand, but ive learned not to examine some pictures to closely in this thread, after all i only have one set of eyeballs.

You don't even need to look very closely... @BitcoinBunny put the photo in a very reasonable size. Roll Eyes

vapourminer

legendary

Activity: 4354

Merit: 3614

what is this "brake pedal" you speak of?

Quote from: DirtyKeyboard on March 07, 2024, 03:15:14 AM

Mango says here I am in the kitchen!
.

.
Some monster over clipped his wings, and so he can't fly. Cry

We adopted him as a rescue bird. He does have full run of the house though, no cages for this guy.

Well we do have one, but the door is always open, and he has a little nest on top that he usually hangs out in.

nice. glad he has a good home.

when i 1st glanced at your avatar i wondered what that was in your hand, but ive learned not to examine some pictures to closely in this thread, after all i only have one set of eyeballs.

Leahized

newbie

Activity: 22

Merit: 4

2021 looked a lot similar to 2024.

2021 BTC $69k

2024 BTC $69k

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

ataArt

member

Activity: 132

Merit: 27

Quote from: BitcoinBunny on March 07, 2024, 07:19:31 AM

I first heard about Bitcoin in the Katy Perry Roar days (2013).

My thoughts, in order of importance: Katy Perry is a stunning jungle goddess and Bitcoin may be something interesting, perhaps...

But this new look of Katy Perry is just nasty. Ugh.... Huh

She looked awful as a blonde as well.

Bitcoin on the other hand has me more than convinced and it's my primary thought over any woman...

The key is not to tell women about your cold wallet.

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

Do people expect their Five Guys food bills to get smaller in Dollars?

This is what happens with a debasing currency, ran by a bunch of fraudulent nincompoops.

Five Guys' prices sparks outrage after $24 receipt goes viral: 'Highway robbery'
https://www.foxbusiness.com/lifestyle/five-guys-prices-sparks-outrage-24-receipt-viral-highway-robbery

Quote

"Five guys was always overpriced. Same meal was $15 ten years ago," an unimpressed commentator added.

Five Guys Meal

2014: $15 or 0.047 BTC
2024: $24 or 0.00037 BTC

Pick your currency.
You can literally eat at Five Guys every 3 days for an entire year for the cost of just 1 meal back in 2014, in BTC.

Soon it will be every day, every meal (3 times per day), every hour and so on...

1 BTC will buy the entire fast food chain eventually.

criptoevangelista

sr. member

Activity: 364

Merit: 629

In ₿ we trust

Quote from: BitcoinBunny on March 07, 2024, 07:19:31 AM

bear market ass

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

I first heard about Bitcoin in the Katy Perry Roar days (2013).

My thoughts, in order of importance: Katy Perry is a stunning jungle goddess and Bitcoin may be something interesting, perhaps...

But this new look of Katy Perry is just nasty. Ugh.... Huh

She looked awful as a blonde as well.

Bitcoin on the other hand has me more than convinced and it's my primary thought over any woman...

criptoevangelista

sr. member

Activity: 364

Merit: 629

In ₿ we trust

Quote from: LFC_Bitcoin on March 07, 2024, 06:45:32 AM

Observing $66,697 and life is good. It’d be nice if after the recent volatility, we settle here a bit before another big leg up. We don’t want to get too over heater.

43 days until the halving and I feel like we’re at a higher price than expected for this stage of the four year cycle.
So do we pump again before or after the halving, only one way to find out, HODL.

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Observing $66,697 and life is good. It’d be nice if after the recent volatility, we settle here a bit before another big leg up. We don’t want to get too over heater.

43 days until the halving and I feel like we’re at a higher price than expected for this stage of the four year cycle.
So do we pump again before or after the halving, only one way to find out, HODL.

ivomm

legendary

Activity: 1881

Merit: 3057

All good things to those who wait

Quote from: fillippone on March 06, 2024, 07:13:02 PM

Quote from: fragout on March 06, 2024, 12:33:23 PM

Where do all these ETFs buy their bitcoin. If OTC, where do the OTC desks source it ?

They buy from OTC desks. The OTC desk is in contact with miners, whales or other entities holding hundreds, if not thousands, of bitcoins. The OTC desk agrees on a transaction at a spread over the reference rate between buyer and sellers.
Then they cross the order on the market.
So the transaction actually happens on the market (e.g. Coinbase) even if the price hasn't been formed on the exchange itself, but Over The Counter (OTC).

Quote from: d_eddie on March 06, 2024, 07:03:30 PM

There are several ETPs though. Is that a possiblity?

There are a lot of illiquid and tax-inefficient ETPs in Europe, correct.

Most of the ETF's buy/sell from Coinbase Prime, which is an OTC. Coinbase Prime in turn buys/sells only from the US based crypto exchanges - Coinbase, Kraken and Gemini. All this is written in the ETF documentation. They can also avoid spot market if buy/sell ETF's arrive simultaneously from different ETF companies. So, most of Greyscale sells for example go directly to Blackrock buys without touching the spot market.

Apocollapse

hero member

Activity: 1106

Merit: 786

Quote from: shahzadafzal on March 07, 2024, 01:21:13 AM

People, 50% of all bitcoins are held by the general public about 10.5m bitcoins. River estimated that Bitcoin had 81.7 million users as of June 2023, or 1% of the global population.

I'm surprised they didn't add "people" in the graph when they're the most important, but I already fix it. Wink

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 673. (Read 26468822 times)