Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
WatChe
on 18/08/2023, 07:04:50 UTC
"the colorful digital illustrations of apes can now be bought for as little as $52,445. As recently as May 2022, the cheapest would have cost collectors over $400,000". https://www.cnn.com/style/article/bored-apes-sothebys-lawsuit/index.html


Is it the right time to buy these NFTs as prices are gone lower ??

Yep, have at it. I'm sure those NFTs will be sooo much higher in price in the future.  Wink
[/quote]

Bitcoin read this and fell down to stop us from investing into NFTs Wink)

It’s being reported that SpaceX sold all their Bitcoin. They held $373,000,000 worth according to Bitcoin Magazine. I’m not sure what this signals. SpaceX doesn’t really have a need to save funds right now as they’re massively growing so the move makes sense. It could also be Elon opening the door for Tesla to start accepting BTC. However, the downward pressure was enough to apparently set off this wave of liquidations we’re currently seeing.

Musk actions always have influence on price of Bitcoin. Remember Bitcoin DIP of 12% in May 2021, after Tesla announced that they are not accepting Bitcoin as payment.