- BowTiedSats
- Posts
- More Whales Buy BTC
More Whales Buy BTC
Sats O'Clock
June 20, 2022
Wake Up! It's Sats O'Clock.
Good morning. It's June 20, 2022.
After falling to $17K, Bitcoin is back upto $20K at the time of writing.
Nic Carter broke down the recent downturn in crypto and why Bitcoin miners may be forced to sell their holdings.
Paper hands are getting flushed out.
The get rich quick noobs get flushed. The MSM declares #bitcoin dead. The salty nocoiners take a victory lap. Those with a high time preference never learn. Same story, different epoch.
— ChartsBTC (@ChartsBtc)
5:11 PM • Jun 19, 2022
Meanwhile some alt-coin news, Solana based networks are proposing to control users wallets....
🚨BREAKING: $SOL Is about to get liquidated
A whale has deposited 5.7M SOL ($170M and borrowed 108M USDC and USDT borrowed
And to prevent this they are proposing to literally steal the user's funds and execute OTC trades:
— ⚫️ hgtp://Dagnum P.I. (🤖,🤖) (@Dagnum_PI)
2:00 PM • Jun 19, 2022
Nayib Bukele calms the storm on people questioning El Salvadors BTC.
I see that some people are worried or anxious about the #Bitcoin market price.
My advice: stop looking at the graph and enjoy life. If you invested in #BTC your investment is safe and its value will immensely grow after the bear market.
Patience is the key.
— Nayib Bukele (@nayibbukele)
3:04 AM • Jun 19, 2022
Another billionaire that is buying the dip.
💥 Shark Tank's Kevin O'Leary is buying the #Bitcoin dip. "I'm not selling anything." 🙌
— Bitcoin Magazine (@BitcoinMagazine)
10:55 AM • Jun 19, 2022
CZ with some potential investing alpha.
Historically speaking, if you bought #bitcoin every time there is a "bitcoin is dead" headlines, you would have done well.
Logic: when they lose hope, that's when the bottom is in.
NFA. NOT recommending this or any strategy for the future.
— CZ 🔶 Binance (@cz_binance)
10:17 PM • Jun 19, 2022
Nic Carter explains the rationale for holding Bitcoin for the long run.
"Has anything about #bitcoin changed? No.
Has the monetary policy changed? No.
Has any feature changed? No."
Can you say the same about fiat? No, explains @nic__carter
— Documenting Bitcoin 📄 (@DocumentingBTC)
1:16 PM • Jun 18, 2022
Stablecoin alert.
There is 150 billion sitting in stablecoins, which is about 150X more than in 2017 when #bitcoin was at the same price.
That means there is A LOT of dry powder sitting on the sidelines right!
— Lark Davis (@TheCryptoLark)
2:31 AM • Jun 20, 2022
If you missed it...
Mathematical energy.
This is the quantitative model of #bitcoin. It has created a trillion dollar market from 0 in 13 years, which is really wonderful.
— Stellar (@oxitomitas)
7:05 AM • Jun 20, 2022
MEME OF THE DAY
When talking with legacy bankers.
We send a free 60 second summary of Bitcoin news right to your email everyday.
Follow us @satsoclock !