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

[BTCETFInvestor]

MSTR bought more Bitcoin today!

[philipma1957]

MSTR bought more Bitcoin today!

Not so sure how good that news is.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

MSTR bought more Bitcoin today!

Not so sure how good that news is.

It is going to be very interesting watching Strategy attempt to avoid bankruptcy this bear market. Saylor just posted that his preferred offerings don’t even pay regular dividends. They are “return of capital” distributions. A true ‘you are the yield’ scenario. This means his shareholders won’t even be able to write off massive losses as their cost basis continues declining with each payout.

The things Strategy is doing to pump Bitcoin are so reckless, it is difficult to believe they will succeed.

[BTCETFInvestor]

MSTR bought more Bitcoin today!

Not so sure how good that news is.

It is going to be very interesting watching Strategy attempt to avoid bankruptcy this bear market. Saylor just posted that his preferred offerings don’t even pay regular dividends. They are “return of capital” distributions. A true ‘you are the yield’ scenario. This means his shareholders won’t even be able to write off massive losses as their cost basis continues declining with each payout.

The things Strategy is doing to pump Bitcoin are so reckless, it is difficult to believe they will succeed.

Yeah, just a bunch of dumbasses running a $40 Billion company!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[asUHWEceyc]

It is going to be very interesting watching Strategy attempt to avoid bankruptcy this bear market. Saylor just posted that his preferred offerings don’t even pay regular dividends. They are “return of capital” distributions. A true ‘you are the yield’ scenario. This means his shareholders won’t even be able to write off massive losses as their cost basis continues declining with each payout.

The things Strategy is doing to pump Bitcoin are so reckless, it is difficult to believe they will succeed.

Why would Strategy end up in bankruptcy and how would that play out?

They're here to vacuum up as much coin as possible for Them. If bankruptcy is the best property transfer mechanism- or a fire sale price decline is desired- maybe...but it seems Saylor could ramp up the leverage a great deal more, coupled with further sizable price declines before facing any issues.

[philipma1957]

It is going to be very interesting watching Strategy attempt to avoid bankruptcy this bear market. Saylor just posted that his preferred offerings don’t even pay regular dividends. They are “return of capital” distributions. A true ‘you are the yield’ scenario. This means his shareholders won’t even be able to write off massive losses as their cost basis continues declining with each payout.

The things Strategy is doing to pump Bitcoin are so reckless, it is difficult to believe they will succeed.

Why would Strategy end up in bankruptcy and how would that play out?

They're here to vacuum up as much coin as possible for Them. If bankruptcy is the best property transfer mechanism- or a fire sale price decline is desired- maybe...but it seems Saylor could ramp up the leverage a great deal more, coupled with further sizable price declines before facing any issues.

I have to think Salyor is in the red. But I do not know his company's structure and the how and why it made money.

I also do not know the cost basis ie is he at 85k a coin and at 79k is he down 6k x 600,000 coins?

That would be only 3.6 billion in the hole.

Also maybe this was all a plan for USA to grab those coins.

[Biodom]

MSTR bought more Bitcoin today!

Not so sure how good that news is.

It is going to be very interesting watching Strategy attempt to avoid bankruptcy this bear market. Saylor just posted that his preferred offerings don’t even pay regular dividends. They are “return of capital” distributions. A true ‘you are the yield’ scenario. This means his shareholders won’t even be able to write off massive losses as their cost basis continues declining with each payout.

The things Strategy is doing to pump Bitcoin are so reckless, it is difficult to believe they will succeed.

I don't think this is correct.
If you bought STRC, then, yes, the distributions are "return of capital".
However, MSTR shareholders have the same cost basis per share regardless of what Strategy (the company) pays out to STRC shareholders.
That said, of course, MSTR shareholders would be diluted by Strategy raising cash to pay STRC shareholders.
Hence, I sold my STRC and decided to "ride" MSTR for four years. Not much loss if it zeroes out.
For sure, STRC is much riskier that your usual money market fund.

[BTCETFInvestor]

What's up with this $82B 24h Volume and upward price climb after the massive rout we saw taking the price down sharply? How does this add up and make sense?

[Biodom]

^ someone bought some btc?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

It is going to be very interesting watching Strategy attempt to avoid bankruptcy this bear market. Saylor just posted that his preferred offerings don’t even pay regular dividends. They are “return of capital” distributions. A true ‘you are the yield’ scenario. This means his shareholders won’t even be able to write off massive losses as their cost basis continues declining with each payout.

The things Strategy is doing to pump Bitcoin are so reckless, it is difficult to believe they will succeed.

Why would Strategy end up in bankruptcy and how would that play out?

They're here to vacuum up as much coin as possible for Them. If bankruptcy is the best property transfer mechanism- or a fire sale price decline is desired- maybe...but it seems Saylor could ramp up the leverage a great deal more, coupled with further sizable price declines before facing any issues.

I have to think Salyor is in the red. But I do not know his company's structure and the how and why it made money.

I also do not know the cost basis ie is he at 85k a coin and at 79k is he down 6k x 600,000 coins?

That would be only 3.6 billion in the hole.

Also maybe this was all a plan for USA to grab those coins.

His cost is about 76K (76.052K to be precise).
https://www.coindesk.com/markets/2026/02/02/michael-saylor-s-strategy-added-usd75-million-in-bitcoin-to-holdings-prior-to-last-week-s-crash

[philipma1957]

It is going to be very interesting watching Strategy attempt to avoid bankruptcy this bear market. Saylor just posted that his preferred offerings don’t even pay regular dividends. They are “return of capital” distributions. A true ‘you are the yield’ scenario. This means his shareholders won’t even be able to write off massive losses as their cost basis continues declining with each payout.

The things Strategy is doing to pump Bitcoin are so reckless, it is difficult to believe they will succeed.

Why would Strategy end up in bankruptcy and how would that play out?

They're here to vacuum up as much coin as possible for Them. If bankruptcy is the best property transfer mechanism- or a fire sale price decline is desired- maybe...but it seems Saylor could ramp up the leverage a great deal more, coupled with further sizable price declines before facing any issues.

I have to think Salyor is in the red. But I do not know his company's structure and the how and why it made money.

I also do not know the cost basis ie is he at 85k a coin and at 79k is he down 6k x 600,000 coins?

That would be only 3.6 billion in the hole.

Also maybe this was all a plan for USA to grab those coins.

His cost is about 76K (76.052K to be precise).
https://www.coindesk.com/markets/2026/02/02/michael-saylor-s-strategy-added-usd75-million-in-bitcoin-to-holdings-prior-to-last-week-s-crash

Well 713,000 coins at 76k and we are at 79k

That is plus 2.1 billion. All is well

Unless it drops to say 50k and stays there

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Toxic2040]

the evening wall report


bitcoin currently trading near $78.5kish after a day of heavy accumulation and volatility
waters have quieted in the early evening with a strong trade wind rising

dyor



#stronghands

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ESG]

- there's no more threat of attack, there's now a meeting scheduled for Istanbul,...
 Trump peace and love, or diplomacy of fear.... fear?...
 Well, they say they have not accepted impositions, and the negotiations will be at their end.
 
  -But the good news of today, was the agreement reached with India,
 will no longer suffer fees for buying Russian oil, and will also be able to
 buy from the US and Venezuela
 BCO today=66,

 -gold futures trading, GC1, 2,..., are seen as an index of future risks.

 If there is a risk in the future, gold contracts increase their liquidity and start
 to become scarcer, and when it is understood that this risk was just an advertisement,
 and or no longer exists, for now, the contracts increase their liquidity in sales,
 where money flows back to other indices and stocks.....
 Was this temporary, this future risk, what happened to him, was it just propaganda.....?
 Or just steps in the stages for the future recession so much talked about?
 
 -What worries them is the change of hands of the world economic power/order,
 so they did not expect, after decades of defense with values easily multiplied on paper,
 with the belief that value exists, just believe!

  -At the level of 78 a good opening of the day, but with a slow decrease in volume,
.. jamming, what remains is the hope of seeing
  the Chart Buddy posting new highs at any time.

 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com