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

[Dabs]

Sorry, but some of you guys here talking about "institutional investors are selling" are still at the Mt. Stupid level of understanding.

Any large institutional investor that takes up a big long position in bitcoin:

1. Is not going to sell mere days, weeks, or months after doing so. They are in it for the long haul.... years.

2. Went through months of internal dialogue, planning, board decisions, and a fucking *mountain* of legal & regulatory hurdles, sessions, paperwork, cost, etc. just to take up said btc position. You really think after all of that, they're just going to turn around a few weeks or months later and YOLO dump everything on the open market? Really?

Saylor isn't selling ever. As long as he remains CEO of MSTR, MSTR is not selling either. Tesla does not need to sell, so unlikely they will sell.

All of them are in it for 5 to 10 years, they are also aware of halving cycles, but Saylor himself believes the halvings are now irrelevant going forward, as far as institutions are concerned.

We will start seeing publicly traded miners stop selling too, since they can just issue equity, and they will HODL all the BTC they mine.

Small miners will probably still sell to pay expenses.

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[1714628997]

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[macson]

After being a scared cat for so long, you decide to buy some crypto at k56  just to fit in...

now today you decide to look at your crypto portfolio and to show off but that dip on the charts makes you to start seeing things such as.

Sometimes crypto teaches you to have a big heart, happy trading WO

Stay strong

https://twitter.com/BootstrapBandit/status/1363662923407720449

strong hand

[jojo69]

[lightfoot]

And on slightly less good news: It looks like Daft Punk has ended their run.

https://www.youtube.com/watch?v=DuDX6wNfjqc

As they say, drat. Off to find my copy of Random Access Memories....

[BitcoinBunny]

Personally.... and thinking about practicality and comfort... I'd prefer the lips to be painted onto the other side of my hand. Just sayin'.  

Also... this was interesting to read and hardly surprising:
https://uk.news.yahoo.com/cheating-sex-affairs-spring-vaccinations-165829895.html

[Erumo]

Not a bad bounce so far. Keep going please.

How long I must wait till boobs jump out?

[friends1980]

I've just set up some buy orders at $2000.

[BitcoinBunny]

Not a bad bounce so far. Keep going please.

How long I must wait till boobs jump out?

$69,696.96

[BitcoinBunny]

I've just set up some buy orders at $2000.

[xhomerx10]

Sorry, but some of you guys here talking about "institutional investors are selling" are still at the Mt. Stupid level of understanding.

Any large institutional investor that takes up a big long position in bitcoin:

1. Is not going to sell mere days, weeks, or months after doing so. They are in it for the long haul.... years.

2. Went through months of internal dialogue, planning, board decisions, and a fucking *mountain* of legal & regulatory hurdles, sessions, paperwork, fees & other costs, etc. just to take up said btc position. You really think after all of that, they're just going to turn around a few weeks or months later and YOLO dump everything on the open market? Really?

 Not all corps have strong hands.  Take Nextech AR for example.  They purchased 2m worth in late 2020 with a commitment to increase that in 2021 and then dumped it shortly after they tweeted it out.  Weak assed CFO couldnt handle the dip.
 
https://mobile.twitter.com/Xrtoday/status/1349011999393517569

[Wilhelm]

Like all last two cycles this is just whales getting people killed in stoplosses or take profits.
Seen it all before. Can't go up all the time.

This just makes sure only the dedicated strong hand will remain...

More panic sell and panic buying is always welcome....

[BitcoinBunny]

Sorry, but some of you guys here talking about "institutional investors are selling" are still at the Mt. Stupid level of understanding.

Any large institutional investor that takes up a big long position in bitcoin:

1. Is not going to sell mere days, weeks, or months after doing so. They are in it for the long haul.... years.

2. Went through months of internal dialogue, planning, board decisions, and a fucking *mountain* of legal & regulatory hurdles, sessions, paperwork, fees & other costs, etc. just to take up said btc position. You really think after all of that, they're just going to turn around a few weeks or months later and YOLO dump everything on the open market? Really?

 Not all corps have strong hands.  Take Nextech AR for example.  They purchased 2m worth in late 2020 with a commitment to increase that in 2021 and then dumped it shortly after they tweeted it out.  Weak assed CFO couldnt handle the dip.
 
https://mobile.twitter.com/Xrtoday/status/1349011999393517569

Sometimes you instantly regret getting something when you haven't thought about the negative consequences of that thing that you only saw the good sides of.
https://imgur.com/gallery/y8G9HAe

[El duderino_]

[lightfoot]

Sometimes you instantly regret getting something when you haven't thought about the negative consequences of that thing that you only saw the good sides of.
https://imgur.com/gallery/y8G9HAe

[xhomerx10]

Sorry, but some of you guys here talking about "institutional investors are selling" are still at the Mt. Stupid level of understanding.

Any large institutional investor that takes up a big long position in bitcoin:

1. Is not going to sell mere days, weeks, or months after doing so. They are in it for the long haul.... years.

2. Went through months of internal dialogue, planning, board decisions, and a fucking *mountain* of legal & regulatory hurdles, sessions, paperwork, fees & other costs, etc. just to take up said btc position. You really think after all of that, they're just going to turn around a few weeks or months later and YOLO dump everything on the open market? Really?

 Not all corps have strong hands.  Take Nextech AR for example.  They purchased 2m worth in late 2020 with a commitment to increase that in 2021 and then dumped it shortly after they tweeted it out.  Weak assed CFO couldnt handle the dip.
 
https://mobile.twitter.com/Xrtoday/status/1349011999393517569

Sometimes you instantly regret getting something when you haven't thought about the negative consequences of that thing that you only saw the good sides of.
https://imgur.com/gallery/y8G9HAe

 

 Certainly he regrets selling when he did.  Bitcoin did a 180 right after they pulled the plug.
 I guess it's still better than having a tiger cub piss all over your face.  Weird the way she let him piss all over her face and in her mouth rather than doing something to stop it... Is that some kind of new CFNT(iger) porn?  Not the outcome I expected.


 

[Parazyd]

After being a scared cat for so long, you decide to buy some crypto at k56  just to fit in...

now today you decide to look at your crypto portfolio and to show off but that dip on the charts makes you to start seeing things such as.

Sometimes crypto teaches you to have a big heart, happy trading WO

Stay strong

https://twitter.com/BootstrapBandit/status/1363662923407720449

strong hand

LOOOL

[OutOfMemory]

And on slightly less good news: It looks like Daft Punk has ended their run.

https://www.youtube.com/watch?v=DuDX6wNfjqc

As they say, drat. Off to find my copy of Random Access Memories....

R.I.P.
The video left me speechless.

[xhomerx10]

And on slightly less good news: It looks like Daft Punk has ended their run.

https://www.youtube.com/watch?v=DuDX6wNfjqc

As they say, drat. Off to find my copy of Random Access Memories....

 Da funk?!   

[bitebits]

Just checked my cold storage and noticed that I've recently received two very tiny amounts on one of my addresses (same address for both). The last transaction to my wallet, apart from these two, happened more than one year ago...

What is this? Anyone noticed it too? Should I be worried?

Thanks.

Yes, they dusted one of my addresses too. They used 547 sats deposits and many addresses received the same amount.  When you check the tx in the explorer it says something about "use full power of anonymity" and blah blah.

I checked the "dont spend" in coin control tab in Electrum and forgot about it.

Yes, exactly. Same amount on mine too. I guess someone wanted to "mark" our addresses...

I haven't seen a "Don't Spend" option in Trezor. Will check it out. Thanks.

You want to do 'coin control' to not lose privacy. If you for example consolidate addresses (even unknowingly because the balance of two addresses needs to be combined to do a single payment), the dust attacker now knows which other address(es) you own.

Seems that at least three years ago Trezor was not planning to add it to their web wallet:
https://www.reddit.com/r/TREZOR/comments/6svvkt/coin_control_for_trezor/dlfypev/

You can of course hook up your Trezor to Electrum instead, and do the coin control from there:
https://bitcoinelectrum.com/how-to-spend-specific-utxos-in-electrum/

[friends1980]

Just when Bitcoin (and several alts) show a +/- 10% (and worse) correction, "the Ripple" goes up 13%. Anything, but not that!