Quote from: Lambie Slayer on February 09, 2024, 12:40:27 PM

9 days into the new ETF Bull Market and all is well Cheesy

Your choice of February 1-ish for the beginning of such supposed ETF-related bull market, seems a wee bit off...

Of course, we could use the January 10th approval or the January 11th going live of the ETF offerings, but more likely the ETF-related bull market began somewhere around mid-October.. and my memory is failing me right now in regards to what might have been the trigger for the beginning - perhaps it was the Blackrock's filing for an ETF that pretty much caused awareness of BIG money coming into bitcoin, and either good ideas to start accumulating ahead of some of those BIG players, and/or some of the BIG players themselves realized that they needed to stock up to the extent that previously they had been negligent in their own stocking up.

Quote from: OutOfMemory on February 09, 2024, 04:19:12 PM

Quote from: MERlT on February 09, 2024, 02:22:15 PM

Quote from: bitcoinPsycho on February 09, 2024, 02:13:16 PM

48K in one hour BTCBTCBTCBTCBTC

Someone is trying real hard to dump... but tooooooooooo many buyers 🤡

In fact it's a good idea to buy into large sellwalls, because you don't drive up your own buying price Wink

Whale spotted.

Shocked

Quote from: Biodom on February 09, 2024, 05:18:51 PM

Quote from: OutOfMemory on February 09, 2024, 04:19:12 PM

Quote from: MERlT on February 09, 2024, 02:22:15 PM

Quote from: bitcoinPsycho on February 09, 2024, 02:13:16 PM

48K in one hour BTCBTCBTCBTCBTC

Someone is trying real hard to dump... but tooooooooooo many buyers 🤡

In fact it's a good idea to buy into large sellwalls, because you don't drive up your own buying price Wink

Some here remember the infamous bearwhale (who dumped 30K btc at $330 in 2014).
Who knows why? maybe needed 10 mil back then Grin

, but it is $1.4 bil now, haha.
Here is a reference, but I remember it as it was yesterday (crazy action):

https://news.bitcoin.com/8-years-ago-today-bitcoin-traders-slayed-the-infamous-bear-whale-who-dumped-30000-btc-in-a-single-trade/

EDIT: that guy crawled back to the market at $1000, lol.
EDIT2: Another point to make is that although the community rightfully celebrated, the price dipped to around $170-175 in about three months and then revisited around $200, many months later in Aug 2015 or thereabout, but the bearwhale did NOT buy that dip.

I definitely remember, and it was at $300 per unit, and I think that I even bought some at that point... but I am pretty sure that I did not have a bitstamp account at the time, even though all of the other exchanges were kind of waiting for those $30k coins to get resolved.. ... for several hours.. so of course, as you mentioned in your second edit, the bearwhale failed for a week or two, but the bearwhale was correct for about a year.. and he could have had boughten back for $250 until the end of 2015.. but then he was fucked after that since, we did not get close to $300 again, especially after May 2016.

Quote from: BitcoinBunny on February 09, 2024, 05:49:26 PM

Come on BTC, let's get to that $1 trillion market cap and never lose it again.

That is not very difficult..

right around $55k-ish... give or take $3k

Quote from: philipma1957 on February 09, 2024, 06:02:44 PM

Quote from: BitcoinBunny on February 09, 2024, 05:49:26 PM

Come on BTC, let's get to that $1 trillion market cap and never lose it again.

what do we need 52k?

maybe 51.45k price does it.

- like you say. .... and that is if we are not accounting for clearly lost coins.. since if we account for some of the lost coins we likely would need a bit of a higher price to be at $1 trillion marketcap. ... to the extent that we even want to be precise in regards to attempts to ballpark market cap.

Quote from: Biodom on February 09, 2024, 06:59:35 PM

Typically, I wince at Friday's rallies thinking that sometimes crooked WS pumps things on Fri to dump them hard on Monday, but, hopefully, this one is not the case.
Cheers!

That is a fair point.

It could be a kind of an attempt at insurance for being closed for two days..

Because if there is a pump on the weekend by grass roots and then also a dump on monday by grass roots, then grass roots would be fucking over wall street (or those who are only open monday through friday.. trading hours).

Quote from: JimboToronto on February 09, 2024, 09:09:02 PM

Quote from: fillippone on February 09, 2024, 06:38:40 PM

Quote from: proudhon on February 09, 2024, 06:37:39 PM

You all know this doesn't have legs right? I don't think there's been a better sell signal in all of history for anything.

Look who’s back!

The alpaca is backa.
Edit: Some people still don't know the difference between an alpaca and a llama.

I prefer to refer to him as a donkey (a donkey with donkey breath), but hey what do I know?