Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1260. (Read 26731234 times)
February 19, 2024, 10:01:19 PM
February 19, 2024, 09:13:20 PM
I stopped drinking or cooking with tap water. Better go with a soft natural mineral water or filter the tap water with an osmosis filter. ...and not because of Mr Jones ...
I threw in a RO filter last year. Partly this but other reasons besides.
I use this at the house input
https://www.amazon.com/MewMore-Housing-Sediment-Pre-Filtration-Pressure/dp/B0C4PTZXDF/ref=sr_1_4?
with this inside it.
https://www.amazon.com/ICP-PPL10BB-Sediment-Compatible-WFHDC3001-Culligan/dp/B01N416YYV/ref=pd_bxgy_img_d_sccl_2/134-1345732-5210038?
I then use this for drinking water.
https://www.amazon.com/gp/aw/d/B0CNS8LZW3/?
so the whole house helps keep the ro filter last longer
These ro systems do wonders for coffee making.
and for kidney stones.
February 19, 2024, 09:01:16 PM
February 19, 2024, 08:52:51 PM
a evening wall opinion and possible narrative for that scary looking chart i posted earlier
ill just say it....i dont think the institutions deserve bitcoin at under $100k
now that the ETF's are launched and doing amazingly well...i believe there is a 90 day window until they (the ETF's) become more generally available to lower tier money managers and funds
this will put continued upwards buying pressure on spot prices well into next year i believe
with the current heat in the market and a as yet to be seen 'sell the news event' a post halving dip and a potential 'May and go away' are all lining up around the same time
this could induce coiling into a EoY rocket launch with the US presidential elections taking place in November likely having some influence on market direction
we shall see what comes....so keep stacking imho
stronghands
-----------
orders of magnitude
one million seconds is 11.57 days
one billion seconds is 11,574 days or 31.7 years
one trillion seconds is 11,574,074 days or 31,709.79 years or 317 centuries
now imagine 34 rows of those double stacked pallet images of fiat...that is how much the USA is in debt
i think bitcoin can help fix that
dyor
ill just say it....i dont think the institutions deserve bitcoin at under $100k
now that the ETF's are launched and doing amazingly well...i believe there is a 90 day window until they (the ETF's) become more generally available to lower tier money managers and funds
this will put continued upwards buying pressure on spot prices well into next year i believe
with the current heat in the market and a as yet to be seen 'sell the news event' a post halving dip and a potential 'May and go away' are all lining up around the same time
this could induce coiling into a EoY rocket launch with the US presidential elections taking place in November likely having some influence on market direction
we shall see what comes....so keep stacking imho
stronghands
-----------
orders of magnitude
one million seconds is 11.57 days
one billion seconds is 11,574 days or 31.7 years
one trillion seconds is 11,574,074 days or 31,709.79 years or 317 centuries
now imagine 34 rows of those double stacked pallet images of fiat...that is how much the USA is in debt
i think bitcoin can help fix that
dyor
February 19, 2024, 08:46:40 PM
I stopped drinking or cooking with tap water. Better go with a soft natural mineral water or filter the tap water with an osmosis filter. ...and not because of Mr Jones ...
I threw in a RO filter last year. Partly this but other reasons besides.
February 19, 2024, 08:22:48 PM
Of course, there are coiners who have been into BTC for a decently long time, so they may well have concluded that they have enough BTC or more than enough BTC, so they would have more liberties and options in regards to their perspectives upon whether and/or if to sell some or all of their coins... and many of us likely realize that you do not sell all of your coins... or probably not even more than half of them absent real emergency circumstances such as needs to save your life or the life (lives) of a loved one.
Now that I'm in my mid-70s my non-Bitcoin income has trickled down to almost zero. I have been "living happily ever after" for several years now. If I ever happened to come into any real amount of fiat currency, of course I would immediately convert it into Bitcoin. Other than that, I'm content to live a good life off the dividends of my bitcoins.
Those who invest in blue chip stocks will see some capital gains but most of their income will come from regular dividend payments. Because of the ongoing growth of Bitcoin's price, we can regularly take "dividends" from our Bitcoin holdings while continuing to see the overall size of our investment grow.
If you had 200 coins when they were worth $5k each that was barely $1m. By the time they were worth $50k each, your stash was now worth $10m and you could afford to take a 20% "dividend" and still have 160 coins worth $8m in your stash. That $2m of fiat represents a fairly decent lifestyle improvement whether it was used to buy a ranch, a lake, a house or simply a bunch of smaller stuff like travel or home improvements, or even waste it on frivolities like hookers, cars or blow. Even if the price crashed all the way down to $10k, those 160 bitcoins would still be worth $1.6m at rock bottom while you continued to hodl, waiting for the inevitable next bull market.
When the price hits $100k each, as it surely will, your nest egg will be worth $16m and that's just a start. You could afford to take a 25% dividend of $4m and still have $12m in your stash. That $4m represents another even greater lifestyle improvement. Even if the price crashes all the way down to $30k your 120 remaining coins would still be worth $3.6 million rock bottom with nowhere to go but up.
As you see, you can take regular dividends and still see your investment grow. If you're at that point of your life where lifestyle is more important than acquiring more wealth, go ahead and enjoy the dividends. If inter-generational wealth is more important, by all means re-invest your dividends by continuing to hodl.
February 19, 2024, 08:01:15 PM
February 19, 2024, 07:40:57 PM
S&C Under Fire: FTX’s Bankruptcy Legal Counsel Faces Lawsuit
FTX's collapse leads to a legal battle as investors accuse Sullivan & Cromwell of fraud and misconduct in overseeing the bankruptcy proceedings
The collapse of the digital asset exchange FTX has sparked a legal firestorm, with investors taking aim at Sullivan and Cromwell (S&C), the law firm tasked with overseeing FTX’s bankruptcy proceedings. Allegations of fraud and misconduct have been hurled at the law firm, raising concerns about its role in the exchange’s downfall.
History: https://bitcoinnews.com/legal/sullivan-and-cromwell-legal-action/
FTX's collapse leads to a legal battle as investors accuse Sullivan & Cromwell of fraud and misconduct in overseeing the bankruptcy proceedings
The collapse of the digital asset exchange FTX has sparked a legal firestorm, with investors taking aim at Sullivan and Cromwell (S&C), the law firm tasked with overseeing FTX’s bankruptcy proceedings. Allegations of fraud and misconduct have been hurled at the law firm, raising concerns about its role in the exchange’s downfall.
History: https://bitcoinnews.com/legal/sullivan-and-cromwell-legal-action/
February 19, 2024, 07:01:10 PM
February 19, 2024, 06:41:26 PM
February 19, 2024, 06:03:22 PM
February 19, 2024, 05:01:15 PM
February 19, 2024, 04:41:18 PM
NOW vs. 3 YEARS AGO vs. 6 YEARS AGO:
February 19, 2024, 04:24:32 PM
Go woke, go beyond broke.
Unbelievable.
‘Bankrupt’ council at centre of budget-cut protest holds ‘Queering Nutrition’ event
https://uk.yahoo.com/news/bankrupt-council-centre-budget-cut-161210330.html
I don't live anywhere near that dump but it's still infuriating this is going on in the UK.
Unbelievable.
Quote
A ‘bankrupt’ council that became the subject of protests over proposed budget cuts has held a ‘Queering Nutrition’ event.
The brainchild of Birmingham city council’s public health division, the workshop explores the “interaction between the LGBTQ+ community and our food system”.
The brainchild of Birmingham city council’s public health division, the workshop explores the “interaction between the LGBTQ+ community and our food system”.
‘Bankrupt’ council at centre of budget-cut protest holds ‘Queering Nutrition’ event
https://uk.yahoo.com/news/bankrupt-council-centre-budget-cut-161210330.html
I don't live anywhere near that dump but it's still infuriating this is going on in the UK.
the west is totally infected with this shit. And tptb are trying to push this retarded agenda on the rest of the world too.
I blame birth control feminizing the world.
https://www.ncregister.com/news/birth-control-in-drinking-water-a-fertility-catastrophe-in-the-making
Most of the youngings I run into are all SNOWFLAKES.
https://www.youtube.com/watch?v=9JRLCBb7qK8
I stopped drinking or cooking with tap water. Better go with a soft natural mineral water or filter the tap water with an osmosis filter. ...and not because of Mr Jones ...
He knew already
https://www.youtube.com/watch?v=J67wKhddWu4
February 19, 2024, 04:01:18 PM
February 19, 2024, 03:44:52 PM
the noon wall report
dyor
4h
D
stronghands
dyor
4h
D
stronghands
February 19, 2024, 03:37:51 PM
I think it’s maybe a good idea to set yourself a fiat value in sales and then try to hit that, rather than a certain amount of bitcoin you sell. How much fiat do you need to satisfy your needs for the next four years (from end of 2025) until we get ready to do it all again.
So, you are following a different path from JJG, which is primarily focused on the BTC part of the stash.
Of course, the selling is activated by triggering some fiat-denominated values. But I guess it is a consequence, rather than the trigger.
I tend to believe in the case of USD debasement you could sell too early.
As always, the Wall Observer will be a fun place to see the wild emotions of fellow bitcoin bros.
As always. We are here for this, after all.I think the 4-year cycles will be more and more subdued as time goes on. Going from 3.125 to 1.5625 isn't like going from 25 to 12.5. Proportional effect isn't applicable IMO: the ratio of "new" to "old" bitcoin does matter, and I believe the effects of halvings will get negligible (close to zero) long before that ratio goes to zero.
I've said this before, long before (and therefore independently from) the ETFs. But the introduction of spot ETFs will, in my scenario, act as an additional stabilizer, leveling out the big halving waves even more than they would have on their own.
February 19, 2024, 03:04:57 PM
https://www.youtube.com/watch?v=9JRLCBb7qK8
I stopped drinking or cooking with tap water. Better go with a soft natural mineral water or filter the tap water with an osmosis filter. ...and not because of Mr Jones ...
You trust bottled water? Coca Cola and other beverage giants are selling tap water in bottles and advertising it as something pure, natural and healthy.
Nestle bought water fountains in Africa for the cheap. Local low wage-slaves are filling the 0.5 Litre plastic bottles with it, while the rest of the thirsty population has no soure for drinking water any more.
Nestle: "Whats the problem, they can still buy it from us".
February 19, 2024, 03:01:15 PM
February 19, 2024, 02:01:16 PM
Jump to: