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

[vapourminer]

Buying at 97862 sounds a bit crazy.

well buying (well, mining) coins at like 3 bucks a pop back in the day did seem a bit crazy too. but i did get some cool video cards out of it.

edit: oh yeah and the crazy profit in btc/fiat/knowlege was cool too.

[AlcoHoDL]

The thing is, Bitcoin is never high when you buy, and it's always low when you sell.

Saylor knows.

[Biodom]

Few weeks ago MSTR had 30K bitcoin price purchase average and now it is at 56K.
That price (56K vs 96K underlying) seems a bit high for safety and market seems to think so too, at least for the moment..a little "burp" ensued.
MSTR is currently at 4.25X NAV, btw.
IF btc moves to 130K, MSTR would probably surge again, but who knows.

[vapourminer]

im bored

[criptoevangelista]

im bored

a good coffee helps with that

[LFC_Bitcoin]

Seems we’re taking a bit of a breather, slightly cooling off. No problem though, the plan remains the same.

Moon in 2025.




@CryptoJelleNL
Bitcoin is still playing out exactly as planned.

September closed green, which historically means October, November & December do too.

So far, so good.

Send everything higher!

https://x.com/cryptojellenl/status/1861025816231968987

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[icopress]

This post made my day.

Too busy, just reading. I try to keep up with the WO at least twice a day.
$100k will probably not be broken easily, and it's not even a point for one of my chatty collegues at work, who is a shitcoiner. I pretend to only know few about Bitcoin and Crypto, i will definitely ask him next week if he's still holding a crypto portfolio and how it's going  
The mandatory "and how much is a Bitcoin nowadays?" won't be missed out, i really wanna see that face. [...]

[d_eddie]

Whales playing at sea
Surge out of water, dive deep
Price fucktuates









#haiku

[Lucius]

im bored

You have to find some way to kill boredom - let's say you read about interesting people who did some pretty strange things in their time, although sometimes madness borders on extraordinary courage.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

Here's the thing, when you have deep enough pockets you can move walls.

Those walls are not there because of sell pressure they are there because they are trying to keep the price down while they accumulate and when you have deep enough pockets and don't let the price drop for those trying to accumulate and they realize they are losing more coins then they are making with that tactic then they allow the walls to move up and try again.

IOW Saylor is doing his part and if everyone just bought the dips then no-one would be supporting the price.

He is literally proving to the deep pockets of the world you can buy the top and still profit over time.

[OgNasty]

He is literally proving to the deep pockets of the world you can buy the top and still profit over time.

Just like those poor bastards who bought the $32 top in 2011.  Hope some of them managed to survive that horrible decision and avoid financial ruin.

[philipma1957]

Here's the thing, when you have deep enough pockets you can move walls.

Those walls are not there because of sell pressure they are there because they are trying to keep the price down while they accumulate and when you have deep enough pockets and don't let the price drop for those trying to accumulate and they realize they are losing more coins then they are making with that tactic then they allow the walls to move up and try again.

IOW Saylor is doing his part and if everyone just bought the dips then no-one would be supporting the price.

He is literally proving to the deep pockets of the world you can buy the top and still profit over time.

For now he looks good.

The question is if we drop to 49k and are under his dca price of 56k what happens to him then.

Of course maybe we go to 200k and he offloads a bit to take away some heat.

Since we all know there are 21mill coins what happens in next year will be very interesting.

Have to say he is making a statement by adding and adding and adding.

[Hueristic]

Here's the thing, when you have deep enough pockets you can move walls.

Those walls are not there because of sell pressure they are there because they are trying to keep the price down while they accumulate and when you have deep enough pockets and don't let the price drop for those trying to accumulate and they realize they are losing more coins then they are making with that tactic then they allow the walls to move up and try again.

IOW Saylor is doing his part and if everyone just bought the dips then no-one would be supporting the price.

He is literally proving to the deep pockets of the world you can buy the top and still profit over time.

For now he looks good.

The question is if we drop to 49k and are under his dca price of 56k what happens to him then.

Of course maybe we go to 200k and he offloads a bit to take away some heat.

Since we all know there are 21mill coins what happens in next year will be very interesting.

Have to say he is making a statement by adding and adding and adding.

It's a self fulfilling prophecy, the more he convinces its inevitable the less chance of it going down and when it does and comes out the other side in profits he says see I told you, get in now before the next wave.

Its no different than what this thread has been doing for years, its only on a larger scale and proving it can be done on the worst side of the accumulation.

He is proving that it doesn't matter when you get in as long as your in.

[cygan]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BlackHatCoiner]

I don't understand them. Probably the best thing to buy at a discount.

[Richy_T]

Do we see a post thanksgiving pump this year? Or will all the normies be saying "I heard Bitcoin fell by $5000"?