We need a 10K pump to liven things up around here
Yeah a constant pump; not one of those clutched pumps!
I would prefer that over a f***ing dump…
Meanwhile lower 48’s
Yeah! What's going on?? Saylor bought moar and it's dumping... strange.
Who knows, exactly what is going on.
Of course, his buying 3,907 BTC is going to provide some support to the BTC price because it takes those coins off of the market, so by the time that he buys them and discloses that he bought the price had moved both up and down.. well it was in the process of UPpity anyhow, it had just gotten stuck around $45k for a while, which is the average price that he claims to have bought those 3,907 BTC.
Surely it feels a bit strange that Saylor did not just buy MOAR BTC in the mid-to-lower $30ks.. We were there for quite a long time, but maybe he was feeling sufficiently and adequately stocked up on BTC.. and who knows if the BTC price had been affecting him or if there might have been some other processes playing out.. but the gap in buying was a bit more than what anyone would have expected for merely gathering up the moneys to buy some lillie fiends.
In other words, without having had heard some better explanation from the horses mouth, I am getting the sense that he was sitting on his cash a wee bit longer than he probably should have, and he could have bought more in the mid-to-lower $30ks.. but whatever whatever whatever.. peeps (including companies) have their own processes that they need to go through whether we consider them as "hesitancies" from the outside or not.. or even if we employ some Monday morning quarter-backing along the way, which surely it can be easier to do some of the quarter-backing after seeing how some of the earlier dynamics ended up playing out as compared with doing the on-the-spot quarter-backing.
By the way our so far "pull back" from $50,562 to $47,750 (not even 6% so far) seems hardly anything to write home about (did I see an ant somewhere?)... we have accomplished the negating of the poll, so what else are we going to expect.. fuck that poll.. it was a bit of a feat, but bitcoin pulled an UPpity out of its ass, even though we were facing some pretty decent-ass large challenges in the sub $30ks at the time that infofront published such poll... so actually achieving the UPpity end of such poll feels good man.. and not only did we negate the poll, we also seem to have shut the fuck up the increasing number of whiners about bitcoin having had entered into a bear market blah blah blah.. nonsense.
In other words, if we never left the bull market, then how the fuck would we have been in a bear market in the first place, unless too many peeps were throwing out nonsense opportunistic bitcoin price dynamic descriptions in order to shake some coins from the trees that had seemed solid but ended up caving like the weak hands that they were.. hopefully not too many mindrusted in these here parts, but hey even if some did not admit it, there are likely some more extreme mind-rusters who sold BTC on the way down, but there are way the hell more peeps who failed/refused to adequately and sufficiently pee pare their lil selfies for UPpity.. including the level of UPpity that we already had... including breaking above $50k because there were a decent number of them who were were thinking that $25k was more likely than $50k.. and sure, we might not label it as recking in the traditional sense - but just a failure/refusal to adequately and sufficiently prepare for any UP.. or the actual UP that already took place.
The extent of our correction from here is whatever.. maybe it becomes sub 10% or it reaches higher levels.. none of the corrections are unlikely in bitcoin even though so far we have only gotten 6%.. which seems like noise .. mere noise.. especially considering that the the price had come up from $29k-ish to $50k-ish in the past month-ish... which is a bit more than 70% up.. and sure there could be some more pausing or profit taking from here.. but not even that is any kind of given.. so you better prepared in case we may well have more UPpity.. and, even though I am expecting some resistance before $55k (for reasons already stated).. the playing out of that resistance (presuming that $50,562 is not our local top) is not even a given, either.
Seems like a buy on the dip potentiality, but surely I can appreciate that some guys (and gal) may well need a wee bit more than 6% correction before their buy on the dip orders are triggered.. and just to give a wee bit of personal disclosure, I will say that I consider mine to be a bit wide-spread too.. so my next buy orders are not triggered unless and until we get into the $44ks.. which is around a 12% dip.. and don't get me wrong.. as to my usual case about triggering my buy orders, I give no shits about reaching those buy orders even though sometimes I will kind of hope for them to get executed if we come within a few hundred dollars of the set prices.. but whatever, I prefer UP.. as usual.. even though it seems that I have always (at least since about sometime in 2014) had some kind of buy on the dip plan - in case our lil fiend does not want to go in the preferred direction... although there were a few times (embarrassingly) that I had run out of money too.. but through the years, I feel that i have gotten somewhat better at preparing NOT to run out of money - even though some of that preparation has merely been luck and thanks to the ONgoining UPpity performance of bitcoin over the years to save my ass on a large number of occasions - probably more times than I would like to truly admit - especially not publicly.. and not at this time because it might be a whole damned book to describe - "all the times that bitcoin saved my ass"
tm - good book title, right?
Poll
