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

[xhomerx10]

 I wonder if they've started yet?

https://cryptopotato.com/binance-to-convert-1b-safu-fund-from-stablecoins-to-bitcoin/

Binance has said that it will convert roughly $1 billion held in stablecoins within its Secure Asset Fund for Users (SAFU) into Bitcoin (BTC), with the process set to finish within 30 days.

The move shifts the exchange’s emergency insurance reserve back into BTC and comes as Binance faces renewed scrutiny over market influence, balance sheet practices, and leadership ties to former CEO Changpeng “CZ” Zhao.

Binance Outlines SAFU Shift as Part of Broader Transparency Push
In an open letter posted on X on January 30, Binance said the SAFU fund will be fully rebalanced into Bitcoin and topped back up to $1 billion if its value falls below $800 million due to price declines. The exchange added that the fund will undergo regular rebalancing based on market value.

SAFU was launched in 2018 as an insurance pool to cover user losses during extreme events such as hacks. In April 2024, Binance converted the fund entirely into USDC, a move it framed at the time as a stability measure. That conversion made SAFU equivalent to about 3% of USDC’s circulating supply, according to Binance disclosures published at the time.

The latest change reverses that approach. Binance said it views BTC as the long-term store of value for the crypto ecosystem and framed the decision as aligning SAFU with that belief.

“We believe Bitcoin is the foundational asset of this ecosystem and the premier long-term store of value,” the announcement read.

It also highlighted internal metrics from 2025, including $48 million recovered from incorrect deposits and $6.69 billion in scam-related losses prevented through risk controls.

Reaction from the community was swift. Commentator Garrett called the move “a direct capital injection into the market” and “what responsible builders do.”

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

and I did not sell off  btc like og did

Too bad. It’ll be 3+ years before another good selling opportunity.

I should mention I sold off a small minority of my BTC.

JJG sells off more (measured in a % of his holdings) in a four year cycle than I do.

If I sell off 10% of my stack once every 4 years at the top and accumulate it back through the bottoms while JJG sells off 4% of his stack per year and doesn’t accumulate any back. Who is more bullish?

I’m buying back $1,250 more BTC tomorrow, just like I did last month, the month before that, and will be doing for the next 21 months…

[Toxic2040]

a wall report

the usual suspects out and about i see...delightful
i wish you all a joyous and bountiful year   

just want to observe that there are clear times when accumulating is advantageous
dyor

D



W

[BTCETFInvestor]

This Crypto Crash happened as the futures open interest in the industry continued falling, reaching a low of $113 billion, and total liquidations hit over $1.6 billion.

Investors are fearful that Donald Trump nominated Kevin Warsh to become the next Federal Reserve Chairman. Warsh has a history of delivering highly hawkish statements, meaning that he will become like Jerome Powell once confirmed by the Senate.

Kevin Warsh is not particularly an advocate of Bitcoin like two other choices for Fed Chair that were overlooked. Hopefully Trump and Scott Bessent can steer Warsh in a favorable direction for Bitcoin...  

► https://crypto.news/here-s-why-the-crypto-crash-is-intensifying-as-liquidations-hit-1-6-billion/

[philipma1957]

big snip

Michael Saylor’s Strategy Bitcoin position is about to turn negative. Shows you how easy it is to destroy years of successful stacking by ignoring the four year Bitcoin cycle and buying the top.

If this drop in price for Bitcoin continues… Next his preferred offerings will drop below NAV and he will start burning through his cash pile with no way to replace it. If that cash pile runs out before Bitcoin’s price recovers, lawsuits will roll in and judges will force selling to pay investor claims. Strategy will go bankrupt, take Bitcoin down below $40K, and when the dust settles we can talk about 2029.

Will the S&P step up and save MSTR with an inclusion, or is everyone waiting for Strategy to fail before real corporate adoption of Bitcoin begins?

Oh gawd.. .  

You are lame.

What else is new?

Stacking.

Thank god for all the sold I purchased in 2021-2023.

Cheap corn will buy some more right now.

and I did not sell off  btc like og did

 WTH?  You did 2 years of put options and didn't say a damn thing about it all this time?!  You massive bear... what did you know?

go back and look at corrected post.


i am talking about why and how i have cash to spare.

i edited it as i see it was written poorly.



i still have a stack of cash for more corn 🌽

the question is are we going to reach 66.6k or 71.2k or 59.1k


I am ready for more dip.

[Biodom]

big snip

Michael Saylor’s Strategy Bitcoin position is about to turn negative. Shows you how easy it is to destroy years of successful stacking by ignoring the four year Bitcoin cycle and buying the top.

If this drop in price for Bitcoin continues… Next his preferred offerings will drop below NAV and he will start burning through his cash pile with no way to replace it. If that cash pile runs out before Bitcoin’s price recovers, lawsuits will roll in and judges will force selling to pay investor claims. Strategy will go bankrupt, take Bitcoin down below $40K, and when the dust settles we can talk about 2029.

Will the S&P step up and save MSTR with an inclusion, or is everyone waiting for Strategy to fail before real corporate adoption of Bitcoin begins?

Oh gawd.. .  

You are lame.

What else is new?

Stacking.

Thank god for all the sold I purchased in 2021-2023.

Cheap corn will buy some more right now.

and I did not sell off  btc like og did

 WTH?  You did 2 years of put options and didn't say a damn thing about it all this time?!  You massive bear... what did you know?

go back and look at corrected post.


i am talking about why and how i have cash to spare.

i edited it as i see it was written poorly.



i still have a stack of cash for more corn 🌽

the question is are we going to reach 66.6k or 71.2k or 59.1k


I am ready for more dip.

I am OK with 76.37K (reached today)...js.
BTW, someone said that the cost of bitcoin mining is (was?) 88K.
Maybe it was before the last difficulty decline of what, 16%?
88X0.84=73.92K

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

big snip

Michael Saylor’s Strategy Bitcoin position is about to turn negative. Shows you how easy it is to destroy years of successful stacking by ignoring the four year Bitcoin cycle and buying the top.

If this drop in price for Bitcoin continues… Next his preferred offerings will drop below NAV and he will start burning through his cash pile with no way to replace it. If that cash pile runs out before Bitcoin’s price recovers, lawsuits will roll in and judges will force selling to pay investor claims. Strategy will go bankrupt, take Bitcoin down below $40K, and when the dust settles we can talk about 2029.

Will the S&P step up and save MSTR with an inclusion, or is everyone waiting for Strategy to fail before real corporate adoption of Bitcoin begins?

Oh gawd.. .  

You are lame.

What else is new?

Stacking.

Thank god for all the sold I purchased in 2021-2023.

Cheap corn will buy some more right now.

and I did not sell off  btc like og did

 WTH?  You did 2 years of put options and didn't say a damn thing about it all this time?!  You massive bear... what did you know?

go back and look at corrected post.


i am talking about why and how i have cash to spare.

i edited it as i see it was written poorly.



i still have a stack of cash for more corn 🌽

the question is are we going to reach 66.6k or 71.2k or 59.1k


I am ready for more dip.

 Ah!  Gold!
You're in a good spot with the recent silver sales and the tasty dip.

[Richy_T]

So thatțs why Melinda finally left him after putting up with his bullshit for years.  She should have taken all of his money.

I have to believe that someone as cut-throat and wealth as Gates (don't be fooled by that doughy exterior - this is a guy who would put three competitors and two partners out of business before breakfast) has an iron-clad prenup.

[Richy_T]

Tariffs were crazy I will give you that, but we are almost fully past that. I am interested to see what this year will bring.

I have a feeling it will take up more pages than average in the history books.

[philipma1957]

big snip

Michael Saylor’s Strategy Bitcoin position is about to turn negative. Shows you how easy it is to destroy years of successful stacking by ignoring the four year Bitcoin cycle and buying the top.

If this drop in price for Bitcoin continues… Next his preferred offerings will drop below NAV and he will start burning through his cash pile with no way to replace it. If that cash pile runs out before Bitcoin’s price recovers, lawsuits will roll in and judges will force selling to pay investor claims. Strategy will go bankrupt, take Bitcoin down below $40K, and when the dust settles we can talk about 2029.

Will the S&P step up and save MSTR with an inclusion, or is everyone waiting for Strategy to fail before real corporate adoption of Bitcoin begins?

Oh gawd.. .  

You are lame.

What else is new?

Stacking.

Thank god for all the sold I purchased in 2021-2023.

Cheap corn will buy some more right now.

and I did not sell off  btc like og did

 WTH?  You did 2 years of put options and didn't say a damn thing about it all this time?!  You massive bear... what did you know?

go back and look at corrected post.


i am talking about why and how i have cash to spare.

i edited it as i see it was written poorly.



i still have a stack of cash for more corn 🌽

the question is are we going to reach 66.6k or 71.2k or 59.1k


I am ready for more dip.

I am OK with 76.37K (reached today)...js.
BTW, someone said that the cost of bitcoin mining is (was?) 88K.
Maybe it was before the last difficulty decline of what, 16%?
88X0.84=73.92K

all depends on power and gear.

4 s21xps burn 14kwatts an hour or 336 kwatts a day.

at 10 cents 33.60 a day power cost.

they do 1040x0.035=36.4 in earnings

so at 10 cent power they net 3 bucks.
at 9 cent power they net 6 bucks
at 8 cent power they net 9 bucks

i rounded but those numbers are close enough.


counting the cost of the gear is not included.

if you have a host they do all work for fees like 7,8,9,10 cents

so top of the line miners are still okay if you have them online.

[xhomerx10]

So thatțs why Melinda finally left him after putting up with his bullshit for years.  She should have taken all of his money.

I have to believe that someone as cut-throat and wealth as Gates (don't be fooled by that doughy exterior - this is a guy who would put three competitors and two partners out of business before breakfast) has an iron-clad prenup.

 Good point.  I'd love to see the infidelity/STD clause.

Apparently the Epstein letter also discussed giving Melinda antibiotics surreptitiously - which is further testament to his ruthlessness. 

[Toxic2040]

inflection points are strange beings    sometimes they passed unnoticed and other times they shine as a rainbow in clouds
imho crossing span A and B this summer as the weekly cloud darkens could herald the coming singularity
rejoice! we have a shot, we do it because we must
all the reasons bitcoin was created are still in play now more than ever
the future is so very bright
thank you for your attention in this matter


W addendum

#stronghands

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

well someone really needs to fix this price thing before tomorrow. as i enjoy my morning coffee i will be expecting to see great things.

[SmartBusiness001]

Guys, what happened? Why is my room bright red tonight?

[JayJuanGee]

big snip

Michael Saylor’s Strategy Bitcoin position is about to turn negative. Shows you how easy it is to destroy years of successful stacking by ignoring the four year Bitcoin cycle and buying the top.

If this drop in price for Bitcoin continues… Next his preferred offerings will drop below NAV and he will start burning through his cash pile with no way to replace it. If that cash pile runs out before Bitcoin’s price recovers, lawsuits will roll in and judges will force selling to pay investor claims. Strategy will go bankrupt, take Bitcoin down below $40K, and when the dust settles we can talk about 2029.

Will the S&P step up and save MSTR with an inclusion, or is everyone waiting for Strategy to fail before real corporate adoption of Bitcoin begins?

Oh gawd.. .  
You are lame.
What else is new?

Stacking.
Thank god for all the silver I purchased in 2021-2023. then sold in dec 2025 to 2026

Cheap corn will buy some more right now.
and I did not sell off  btc like og did

I am repeating myself.

From time to time, there can be strokes of luck... Sure, it  is great that your gamble ended up paying off.. and it is also good for OgNasty (both financially and psychologically) that his gamble ended up paying off, to the extent that he can resist in his exaggeration in representations of various facts.

Oh and by the way, you also did some pretty weird shit at various points in 2022 related to selling bitcoin and buying dollars.. so to the extent that those actions involved losing focus on bitcoin, you are the one who knows the details that are not likely as favorable as you seem to be wanting to spin them to be... For sure 2022 and 2023 ended up being quite great times to be stocking up on bitcoin, to the extent that very many of us had any money left to be capable of stacking up on bitcoin during that time... . and for sure, another thing, is that we never really can know if we are doing the right thing when we are buying bitcoin (or at least refusing to sell it during that time, too.. .the period ends up dragging out for quite a long time, when each of us have real world obligations, wants and needs too.

In some sense, to the extent that any of us might be telling the truth, it sometimes can be helpful to work from specific examples rather than speaking in theories, so yeah, sometimes the specifics can help - even if there also can be OpSec trade offs.

On the other hand, from time to time, I can also come up with some pretty great hypotheticals that compare person A, person B, Person C and/or other comparison points without necessarily sacrificing any OpSec in order to make the points.

And much of the time, the examples are not really going to be clear in terms of short term actions, and they usually tend to become clear after 4-10 years or longer of comparisons.

For sure in recent times, there have been quite a few arguments about gold/silver comparisons to bitcoin, and historically, we have even gone through several of those arguments when it comes to how much money might end up getting put down on residential property, and even the residential property matters can be quite ambiguous when we are looking just a few years in the process as compared to providing comparitive examples that might go more then 6 years out...   

For sure short term blips happen, and we can have some short term rejoice because of the blips... remember my lucky situation from mid-2023 when there was a glitch on an exchange, and surely that caused a lot of temporary relief to me, and historically I have gone through several of those kinds of experiences with bitcoin.. maybe even April 2019 was one of those too, where the BTC price went shooting up 3.5x in 3 months from $4,200 to $13,880 and sure the BTC price corrected back down on most of that, and really corrected back down all of it if we count the March 12, 2020 price drop that caused the price to drop down and touch $3,800... and yeah, there can surely be ways in which those outrageous moves to the UPpity can end up contributing to a lot of relief to any of us who are mostly erroring on the side of going long  (without leverage - except supposed mistaken leverage from time to time). 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

at jjg my decisions in 2022 and 2023 are not what matter now.