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21  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2024, 03:09:59 PM
Gentlemen,
We are part of a wealthy elite.
It has been a pleasure a hodling with you.

22  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2024, 03:03:59 PM

USD ATH Progress:




And my all time favorite music for such occasions (the next obviously will be 100K):
https://www.youtube.com/watch?v=trYeKG17hYc
(John Williams- Star Wars, A New Hope, The Trone Room and End Title)
23  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2024, 11:35:41 PM
Damn
Sleeping time for me
But can’t sleep in this range  Roll Eyes
24  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2024, 11:11:26 PM
USD ATH Progress:




25  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2024, 09:06:51 PM
Sorry I repost this but we can all relate Smiley  Grin

26  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2024, 05:35:21 PM
USD ATH Progress:



27  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2024, 09:11:20 AM
USD ATH Progress:


EUR ATH Progress:


NEW EUR ATH!!!

28  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2024, 10:41:37 PM
Following the news on the EU anti money laundering and anti terrorism financing laws, effectively in place from 30th dec. 2024, i have to say good bye to my Ledger Nano ...
Why? Will Ledger stop working for EU? I can't find such news.
29  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2024, 09:20:18 AM
Does anyone care to explain or know how these ETF's work?
Do they hold indefinitely?
Do they sell at x y Z % profit?
Do they sell when the clients(boomers) say sell?
Or is the fund manager in control?
Do they actively trade too?

Thanks,

There is a very good explanation in this long twitter thread:
https://twitter.com/teddyfuse/status/1763577899506921632
30  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2024, 09:16:50 AM
Will Grayscale still have explosive diarrhoea today?
#Grayscale decreased 3,606 $BTC($223M). 8 ETFs added 10,999 $BTC($680M), of which #Blackrock added 9,730 $BTC($601M).

https://twitter.com/lookonchain/status/1763586714541682952

I must note that Bitmex Research table is way more accurate than the latter. It will be available tomorrow. According to https://platform.arkhamintelligence.com/explorer/entity/grayscale, Greyscale outflow is more than 10 000BTC today. But I don't trust this site either.

The Bitcoin ETFs saw net outflows of $140million on 1st March as someone continued to sell GBTC very aggressively (see inset chart below)

Seems most likely to be DCG/Genesis/Gemini selling

My guess is DCG are selling to close their debt/s, allowing them to then cut GBTC fees

https://twitter.com/home

Cointucky Derby update: Looks like a net outflow day for the #Bitcoin ETFs of -$140 million. The Big outflows from $GBTC today were almost certainly related to the Genesis & Gemini situation

https://twitter.com/JSeyff/status/1763792981763526805
31  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2024, 03:58:13 PM
Will Grayscale still have explosive diarrhoea today?
#Grayscale decreased 3,606 $BTC($223M). 8 ETFs added 10,999 $BTC($680M), of which #Blackrock added 9,730 $BTC($601M).

https://twitter.com/lookonchain/status/1763586714541682952

I must note that Bitmex Research table is way more accurate than the latter. It will be available tomorrow. According to https://platform.arkhamintelligence.com/explorer/entity/grayscale, Greyscale outflow is more than 10 000BTC today. But I don't trust this site either.
32  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2024, 09:43:59 AM
Blacrock neutralized Greyscale record outflows yesterday. With this pace by the end of the year Greyscale will be no more on the ETF market. I doubt that all ETF companies will survive Blackrock's competition.

https://twitter.com/BitMEXResearch/status/1763474314609766412

33  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 29, 2024, 03:07:41 PM
True Bitcoin'ers are looking at their net worth being +50% in February vs USD and thinking 'meh, what took you so long'

Utter psychopaths
https://twitter.com/alistairmilne/status/1763204348824146094
34  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2024, 11:01:07 PM
Coinbase: Do not worry, your funds are safe, our top security person is fixing the crash

The security:

https://twitter.com/CramerTracker/status/1762906887165473180


This is absolutely insane:

The Coinbase, $COIN, crash just erased $100 BILLION of market cap in #Bitcoin in 15 minutes.

Between 12:15 PM ET and 12:30 PM ET, Bitcoin fell from $64,000 to $59,000.

This was a near 9% swing in 15 minutes right as many Coinbase users began showing a $0 balance in their account.

It also happened to occur just as Bitcoin was less than 10% away from a new all time high.

Coinbase is reportedly still working on fixing the issue.

What just happened?

https://twitter.com/KobeissiLetter/status/1762899668055232549

JUST IN: Coinbase CEO says "We are dealing with a LARGE surge of traffic" that crashed the exchange.

https://twitter.com/BTC_Archive/status/1762902467149238493


35  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2024, 06:16:34 PM
Some things never change. Every important pump in history is stopped by the old coinbase overheated servers:

"We are aware that some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling. Our team is investigating this & will provide an update shortly. Your assets are safe.
You can track this incident at http://status.coinbase.com"
36  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2024, 05:17:43 PM
USD ATH Progress:


EUR ATH Progress:
37  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2024, 05:13:45 PM
This applies for being a hodler as well  Grin

38  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2024, 04:53:58 PM
USD ATH Progress:


EUR ATH Progress:
39  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2024, 01:43:55 PM
40  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2024, 12:23:06 PM
It seems that ETF's weren't priced in, after all. 133 896BTC net inflows since the 11th Jan is not bad at all. 50% increase since this year's bottom. This is just the beginning of the supply shock.


https://twitter.com/BitMEXResearch/status/1762736559495811433
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