Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 112. (Read 26504044 times)

Well everything is looking great, Donald Pump is having a positive effect. However, I remember last time, Trump was winning in WI, Mi, and PA (I think) then overnight that just vanished within the space of about 30 minutes. The same can happen again.

Fiat is still too damn expensive!

Fox News

trump 216
harris 193

did she win California or Texas?

trump 211
harris 145

harris is trailing  in the tight races left.

price drifting up a bit closer to 75k

but looks good for trump

No inflation here ever since I'm ALL in BTC   

Explanation
Chartbuddy thanks talkimg.com

actually no real ATH until we hit 84k. And even that is calculated with official inflation... in reality we should be near 100k for a new ATH

So what that $50k just happened recently?  You realize that the 200-WMA is getting close to $41k, so the 200-WMA is moving up close to $30 per day (and likely higher than 20% per year), so there is ONLY so much time that the BTC price can continue to stay down.

Yeah, you seem to not see bitcoin in the same kind of way, and surely I am not even proclaiming that UP is guaranteed, yet you seem to be quite blind if you believe that bitcoin is some kind of a mature asset class that is just going to continue to meander around its current price points and fail/refuse to go up or if bitcoin has equal chances of going down as it does to be going up.


People can do whatever they like, yet I don't consider bitcoin a good asset to be trading, so if a person has not accumulated enough BTC, then he needs to keep accumulating BTC until he has accumulated enough or more than enough, and I consider selling in order to accumulate more BTC to be a bad strategy. 

Only very small portions of people are even capable of trading profitably, and even they may well be better off to invest into bitcoin rather than to be fucking around trying to trade what it either one of the best of investments available or the best investment available, so why fuck around trading the best investment.  Hardly makes any sense, except that people have difficulties resisting gambling, even when they have something that is pretty damned close to a sure thing right in front of them.


I am not saying anything about trying to figure out prices.. until after a person has already accumulated enough BTC or more than enough BTC, then at that point of overaccumulation he can start to potentially shave off some of his BTC based on prices going up or based on the passage of time.  You seem to be wanting to read trading into my discussion points, and surely I am not even talking about those kinds of trading matters.


I am not trying to portray you as anything.

You can portray yourself however you like.


Many times long term investors do not need to fuck around with figuring out their entry point.  First thing that a long term investor should do is start buying BTC, and surely a long term investor might need to consider if he is able to lump sum and/or front load into bitcoin, and if he is able to establish a decent position from the start, then thereafter he might consider if he will supplement his initial entry position with buying on dips or even DCA... and likely even the guys who front load their investment into bitcoin might take a bit of time to continue to accumulate bitcoin until they might start to feel that they have enough.

Furthermore I would imagine that any long term investor into bitcoin would be considering investment timelines that are 4-10 years or longer, and anyone with less than a 10 year investment timeline would likely having such shorter term investment based on age and/or health considerations.. otherwise if the guy is considering getting in and out of BTC, then he is not an investor, but instead a trader.

You may well be convoluting and/or confusing your terms in regards to what is an investor and what is a trader.  You seem to want to employ trading principles, but still call yourself an investor rather than a trader (gambler).

You can do what you like, so I am not saying that you cannot, but when you come into this thread with trading ideas in regards to your bitcoin portfolio accumulation and/or management, then you might get some backlash in regards to those kinds of approaches to your bitcoin, and not just from me.


Perhaps you can fuck around with your bitcoin like that, yet many guys have to reach high levels of accumulation before having those kinds of problems.  Many guys, including in this thread and in this forum, have to first get towards building up their BTC to get to a point that they are through with their accumulation before they would bet to points of starting to spend their BTC and/or living off their BTC.

An overwhelming quantity of the world's population also have to get to a point of getting enough or more than enough BTC before they get to the more advanced problem of how to spend their BTC.

You seemed to have been suggesting fucking around with trading in order to accumulate BTC, so it seems that I was responding more to those kinds of issues that you were raising rather than the less important 1st world problems that might confront a guy who has already accumulated enough BTC or more than enough BTC.

I am not going to automatically run past the initial phase in which a guy has to get through his BTC accumulation phase and perhaps even part of his maintenance phase before he is even ready to start liquidating.. so i think that you are getting ahead of yourself or even ahead of where I would like to discuss since those first to stages seem way more important to me, and the guy who has gotten enough BTC or more than enough BTC can pretty much do whatever the fuck he wants anyhow...so I am not too worried about that guy... but I am worried about the guys who end up fucking around in their accumulation and their employing trading strategies to their BTC accumulation.. since a lot of those guys are not even going to come even close to having the problem of accumulating enough or accumulating more than enough BTC... which they gotta get to that point first.



I am not either.  I give little shits about either kinds of trades.


Yeah, they were pretty dumb ideas.



I do it all the time.

It seems to me that investors (especially new ones) do not need to spend a lot of time worrying about price.  They can just accumulate BTC for 4-10 years or longer and then perhaps reassess where they are at along the way.  Of course, they should be attempting to account for their individual factors, so that they can build up their BTC holdings in a way that is tailored to their own circumstances.


Dump could come no matter the results.

We know the dynamic of buy the rumor and sell the news, so that there can be a bit of overshooting in each direction, just because there is a lot of potential for price movements during times like these.


Gosh Philip, you sure like to prod.

I doubt that the cost per BTC matters too much, but surely anyone with 15 or more coins.. that is kind of not a bad place to be, and surely any of us would feel better to have average costs per BTC that are lower rather than higher.

You still seem to be unable to really get out of your trading kind of mentality.

You know that anyone with 15 or more BTC could still start to employ either a time based and/or a price based withdrawal strategy, so it may not really matter so much how much it had cost for such person to get to such status, yet maybe in the beginning he might start with a fairly conservative withdrawal strategy and work his way up to higher levels of withdrawal..   That person would have around a $610k valuation based on the 200-WMA and a bit over a million based on the spot price.

So if the person might be an oldie foggie like you, then maybe he starts out with his withdrawal somewhat conservative (maybe 4-6% of the 200-WMA dollar value) and then perhaps after a year or two, he might be able to increase his withdrawal rate to 8% to 10% per year of the 200-WMA value..

Touched $75,080 on Stamp

https://www.tradingview.com/chart/?symbol=BITSTAMP%3ABTCUSD

New ATH unlocked....

Trump is winning this, no doubt.. but what don't know yet is what price bitcoin will stop, can we top $100k before the years ends?

Some bullish question...

Pro-Bitcoin Donald Trump WINS battleground state Georgia 🇺🇸


https://x.com/i/broadcasts/1gqGvNOyPvlGB?t=QBiUtEld8qiK-SUadh3bog&s=09

Trump 207
Harris.  91

price faded a bit.

but it was nice to see 75k.

protein doesn't lead to big dumps so I guess you're good 

195 Trump
 91 Harris

Harris has no chance to win the popular vote ,but could win  the Electoral .

 I have to get up really early tomorrow so I'm going to bed now.  I'm hoping I don't wake up to an epic dump... unless it's due to all the steak I've been eating.

Yeah I was watching live on agg.trade volume was crazy

aggr.trade got to 75.2 either way big new highs.


trump 178
harris  91

75080 on stamp

did bitstamp pass 75k as aggr.trade got to 75.2k

popular vote is note even close

trump 42.5 mill

harris 37.7 mill

really good for trump

can’t see trump losing  with this huge popular vote lead.


really would like to see trump win the popular vote and harris win the electoral

think about the epic dump if Harris wins