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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 144. (Read 26512895 times)

sr. member
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Election in four Days time.
Got spare cash set aside in case of a dip and wine when the Rumble really begin.
Prepared both ways.

That's Nice , well I always have a reserve funds set aside for any further dip , just to take advantage of the dip in increasing my stashes.

Just hope the election will go in a way that will favour Bitcoin.

But still,  no matter what happens that day I still believe Bitcoin will over come it , despite the war and the election, bitcoin still stand strong 💪

And also took noticed that during Halloween Bitcoin price always rises .

Bitcoin Price on Halloween 

2010-$0.20
2011-$3.27
2012-$11
2013- $201
2014-$337
2015-$312
2016-$699
2017- $6,369
2018-$6,332
2019-$9,172
2020-$13,537
2021- $61,837
2022-$20,624
2023-$34,494
2024- $72,250
sr. member
Activity: 420
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Top Crypto Casino
Election in four Days time.
Got spare cash set aside in case of a dip and wine when the Rumble really begin.
Prepared both ways.
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
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legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2352
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
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legendary
Activity: 3892
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Self-Custody is a right. Say no to"Non-custodial"
Transactions on the blockchain are capped. We effectively hit capacity in 2016. Segwit provided a small amount of relief by moving a small part of the transaction from the main part of the block.
Shake it off Richy_T...

Shake it off.

Just to let you know (in case you have been under a rock), the blocksize wars have ended, and boo whoo whoo, guess who-ie pooie wonnie?
Everything I wrote was factual and relevant to the post I was replying to. It is only you who have chosen to inject more meaning into a plain statement of fact that the number of bitcoin transactions in an amount of time don't mean anything. Or do you have anything more germane to the point than playground taunts?

Yeah.. of course, I have more that I could say, if needed, but I largely said as much as I really had wanted to say.. and surely, you gave me a seemingly decently good reason to throw my comments into the mix to make sure that I did not let your lil dig slide..

Surely a bit of humor to see that you still seem to be getting yourself all worked up about supposed ongoing concerns about blocksize issues and various presumptions about bitcoin not being quite up to snuff in the transacting volume arena from your perspective.

I don't really see any need to say much more than what I already said, unless you want to talk about recent bitcoin history in processing transactions on chain in regards to fee spikes or maybe you want to suggest that you are just suggesting bad days in bitcoin's near-term future because blocks are nearly continuously full?  Sure I would concede that factually, the bitcoin blockchain has not a had a complete clearing up of the mempool since about January 2023, yet so far from my own not-technical perspective, such lack of clearing of the mempool seems kind of like a feature rather than a bug and, such non clearing of the mempool does not seem to be playing out as BIG of a problem as you seem to be implying to potentially be in  bitcoin's cards to suggest that something major is broken or defective in bitcoin... and that measures cannot be taken by folks to account for what is, in bitcoin, rather than whining about wishing for BIGGer blocks which hardly even seems a reasonable solution at this particular point.. ..

and yeah, there seems to also be some gamesmanship going on in bitcoin and potential problems with mining pools and mining incentives that relate to how mining pools work, yet I don't even believe that you were fleshing out those kinds of ideas in your seemingly ongoing "old school" concerns about the blocksize and onchain transaction quantities.
legendary
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Transactions on the blockchain are capped. We effectively hit capacity in 2016. Segwit provided a small amount of relief by moving a small part of the transaction from the main part of the block.

Shake it off Richy_T...

Shake it off.

Just to let you know (in case you have been under a rock), the blocksize wars have ended, and boo whoo whoo, guess who-ie pooie wonnie?


Everything I wrote was factual and relevant to the post I was replying to. It is only you who have chosen to inject more meaning into a plain statement of fact that the number of bitcoin transactions in an amount of time don't mean anything. Or do you have anything more germane to the point than playground taunts?
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 3892
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Self-Custody is a right. Say no to"Non-custodial"
What they mention here in the article made me think, although the price of BTC is rising and with very good volume, there are Always theories about what has happened Throughout its ATHs , in this Article they talk About 3 factors:
Quote
Their findings show that Bitcoin’s returns are closely linked to “classic finance” factors, such as monetary policy and risk premiums, much like traditional assets (e.g., stocks and bonds).
To determine which factor had the greatest influence on Bitcoin’s returns in a given period, the researchers broke down its performance into three aspects: monetary policy, risk premium (the additional returns for holding a riskier asset), and the demand for cryptocurrency itself.

For example, during the 2020 rally, monetary policy contributed 50 percentage points to Bitcoin price growth.

In contrast, tighter monetary policy in 2022 was responsible for a 50%-point decline, meaning Bitcoin’s performance would have been much stronger if the Fed had not implemented restrictive monetary policies that year.

Using this information, let’s attempt a medium- to long-term analysis of Bitcoin. Currently, Bitcoin is retesting its previous highs of around $60,000.

Original Source:https://franknez.com/how-macroeconomics-and-monetary-policy-shape-bitcoin-in-2024/?utm_source=rss&utm_medium=rss&utm_campaign=how-macroeconomics-and-monetary-policy-shape-bitcoin-in-2024

I think BTC is above this, it's all due to its normal market development, some say that gold is rising, but for me BTC has nothing to do with that, I respect those who get carried away by that, for me BTC is doing things its own way which is far above a traditional economy.

Fair enough that you gave your own perspective, yet your critique does not really go into specifics.. so for example, the article says that the reason for BTC's decline in 2022 had to do with restrictive monetary policies, yet holey fucking shit, what about the collapse of various scams in 2022?  There were a lot of collapsed scams in 2022, yet maybe even that might be a bit of a so what too, since bitcoin still largely ended up following its cycle.. even if there might have been some dampening on the margins to cause bitcoin to have lesser extremes (maybe bitcoin is getting tamed as some of the traditional pundits would like to consider in term of bitcoin being just comparable to all other assets and subjects to the various macro whims)?  hahahahaha)

And regarding that dead rock, aka gold, yeah of course, there is some probable correlation of bitcoin and gold, yet at the same time if we zoom out a wee bit, we should be able to appreciate that even some of the short term correlations of bitcoin and gold should not justify some kind of an explanation that bitcoin's performance is going to end up getting corralled into gold-like price performance parameters.

Not only are there all kinds of ongoing unsound monetary practices being carried out by the USA and also almost all other governments in their ongong debasement of their fiats, yet at the same time, bitcoin still remains a very immature asset, so bitcoin remains advantaged (or disadvantaged) by its immaturity, so then in terms of BTC HODLers and even early day BTC accumulators, we remain in such early stages of BTC's adoption and recognition in the world that there is almost no way that any asset is going to be able to compete with bitcoin, even though surely we cannot really know about some possible ways that bitcoin might be being attempted to be manipulated by paper bitcoin, but still, paper bitcoin can ONLY be hidden so much, and it may well not be a very forgiving situation if some BIG players are found out to not have the cornz that they claim to have.  Bailouts might not be possible or feasible at such levels.
legendary
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legendary
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born once atheist
Donald Trump celebrates Satoshi’s whitepaper anniversary

.
X

Quote
I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper. We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP!

The dude believes in nothing. If you vote for Trump because he's "pro bitcoin", you're a retard.





Vote for him because of the actual, honest reason: you admire his ability to not give a solitary fuck about anything except himself.

Indeed...his number one policy ...staying out of prison.
I have no clue what any of his other policies are and neither does he, besides becoming dictator and arresting all his enemies with the Supreme Courts approval, because immunity for official acts.
I give him credit for tapping into the appalling ignorance of the phone swiping masses, living in their bubble realities....  "I saw it on the internet!!"
It's why this election is so close. Fucking embarrassing.



legendary
Activity: 3892
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Self-Custody is a right. Say no to"Non-custodial"
And not only that, here it is Clearly shown how the Transactions with BTC are going:
Quote
What's more, Bitcoin monthly transactions are at a record high. The number of Bitcoin transactions in October reached 20.1 million as of publication, breaking past July's previous peak of 19.51 million transactions.

Original Source:https://www.theblock.co/post/323802/bitcoin-edges-close-to-all-time-high-as-it-marks-its-sweet-16th-birthday?utm_source=rss&utm_medium=rss
Transactions on the blockchain are capped. We effectively hit capacity in 2016. Segwit provided a small amount of relief by moving a small part of the transaction from the main part of the block.

Shake it off Richy_T...

Shake it off.


Just to let you know (in case you have been under a rock), the blocksize wars have ended, and boo whoo whoo, guess who-ie pooie wonnie?


Hint, hint:  Not the BIG blockers... cry away all you like, it's already over.. and dee cornz not be broken.. .. believe it or no..

gotta let buddy know: we are watching you
a watched pot never boils!

I stopped checking the price daily so long ago now I forget (hourly years ago) and only look now when the posts in here tell me there is significant movement.

Does anyone actually keep a live chart on a screen anymore?

I have been keeping a live chart on various screens for years and years and years, even though through the years, some of my computer set ups have changed, including that I got some old computers ipods and iphones to work again, and then some of them stopped working or got repurposed for some family member that seemed to need a computer but was not really able to buy their own, so the various devices that I have sitting around, I try to put to work so they might not be doing too much besides just hanging out in one spot in my area to show the BTC price at various locations in the house or other (inside) places that I might be able to see when passing by and some of them might be viewable from outside locations or even from hallways or pass-by ways.  

Perhaps, I cannot really help myself, and maybe I should buy a block clock for such additional purpose of showing other aspects of the BTC price.. or other bitcoin block processing activities?

In recent years, I tend to not really expect (or to be anxious) about too many surprises with the BTC price, yet I still may well want to be there if something kind of outrageous ends up happening in the short period of time, and surely sometimes we witness such great moves in short periods of time in bitcoinlandia.

Still, most of the time I am not really expecting anything too dramatic with the BTC price, so even 5% to 10% changes might not cause any kind of uptick in my level of alertness, yet at the same time, I have another motive is that I do tend to maintain (ever since 2015-ish) buy and sell orders always active too.... yet prior to about mid-2015 all of my buy orders were manual... and they were ONLY buy orders.. nothing to sell, except maybe a few instances of spend and replace that might have had happened in 2014 or early 2015.. .

In any event, in recent times, many times throughout my kind of ongoing watching of the BTC price (running accross it perhaps on an hourly basis at least.. but yeah, the exception might be that I go several hours and I don't come across the BTC price) so a kind of bouncing around and non-eventful range of NOT hitting either side of my orders or otherwise arousing me, and even sometimes no arousal for weeks and weeks, sometimes...

and then right now in this price range, I had sell orders hitting every $2k all the way up to $72.5k-ish and then they were supposed to be transitioning into every $3k increments (on the way up), and so there was an upper $74k transitory sell order that did not get hit (since the highest that we reached so far in this go around had been $73,600 (around 30 hours ago as I type this post, right?), and then my current BTC buy orders are still every $2k, and the first one at around $69k just got hit, so the buy orders go every $2k on the way down.. but then they were going to end up transitioning to every $3k, yet we have to have one or two more sell orders fill on the way in the upper $74ks and then in the upper $77ks, and then that would trigger such every $3k transition to become the new acceptable increment in my everyday (severl hours and several locations) watching of the BTC price..  for fun.... 

So my transitory period from $2k to $3k.. seems to have had not played out.. yet...  and geez how many times have we been almost there  (almost to the upper $74ks)?  

I am not really complaining.. even though I am..  by not transitioning into BIGGER increments and then at the same time that my ranges get BIGGER, I also tend to adjust my BTC price spreads too... so in theory the higher and higher BTC prices go, the larger the BTC price moves that are needed before any preset sales and/or preset buys are triggered... and so also in theory, the higher and higher the BTC price, then the easier I should be able to (in theory) just sit back and relax and not even pay attention to the price except perhaps from time to time to just shave off some random amounts of extra BTC (to the extent to which cash might be needed beyond what cash is already just there and available in my coffers) to just buy this, that or another good or service in normie-landia.. .......perhaps a wee bit like the Jimbo BTC balance managing perspective???

... yet having given all of that above explanation, I cannot really see myself diminishing the various live screen charts that seem to be growing rather than shrinking in my day to day existence, and sometimes, I just consider buying this or another new electronic gadget and then repurposing some of the old electronic gadgets (the one being replaced) to then cause the old electronic gadget to serve as a bitcoin price live screen at some possibly new and/perhaps even somewhat random location... the garage or the basement or in a shed or perhaps in a closet that I go to once a month... hahahahaha  

Who wants to pull out a smartphone and click on Bitcoin Ticker when it could well be possible and it is possible and even a reality to just have the BTC price in almost all locations and even while cooking steaks and lobsters? (not even the flavored Ramens this time.. )... not that I cook too many steaks and lobsters. .but it is making me hungry to just think about it.. .. .
legendary
Activity: 3010
Merit: 8114
Donald Trump celebrates Satoshi’s whitepaper anniversary

.
X

Quote
I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper. We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP!

The dude believes in nothing. If you vote for Trump because he's "pro bitcoin", you're a retard.





Vote for him because of the actual, honest reason: you admire his ability to not give a solitary fuck about anything except himself.
legendary
Activity: 3388
Merit: 3514
born once atheist


Does anyone actually keep a live chart on a screen anymore?

Naaah.... buddy always tells me when its 69 time....



Explanation
Chartbuddy thanks talkimg.com

legendary
Activity: 2352
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
sr. member
Activity: 1092
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What they mention here in the article made me think, although the price of BTC is rising and with very good volume, there are Always theories about what has happened Throughout its ATHs , in this Article they talk About 3 factors:

Quote
Their findings show that Bitcoin’s returns are closely linked to “classic finance” factors, such as monetary policy and risk premiums, much like traditional assets (e.g., stocks and bonds).

To determine which factor had the greatest influence on Bitcoin’s returns in a given period, the researchers broke down its performance into three aspects: monetary policy, risk premium (the additional returns for holding a riskier asset), and the demand for cryptocurrency itself.

For example, during the 2020 rally, monetary policy contributed 50 percentage points to Bitcoin price growth.

In contrast, tighter monetary policy in 2022 was responsible for a 50%-point decline, meaning Bitcoin’s performance would have been much stronger if the Fed had not implemented restrictive monetary policies that year.

Using this information, let’s attempt a medium- to long-term analysis of Bitcoin. Currently, Bitcoin is retesting its previous highs of around $60,000.



Original Source:https://franknez.com/how-macroeconomics-and-monetary-policy-shape-bitcoin-in-2024/?utm_source=rss&utm_medium=rss&utm_campaign=how-macroeconomics-and-monetary-policy-shape-bitcoin-in-2024


I think BTC is above this, it's all due to its normal market development, some say that gold is rising, but for me BTC has nothing to do with that, I respect those who get carried away by that, for me BTC is doing things its own way which is far above a traditional economy.
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 4354
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what is this "brake pedal" you speak of?
buddy counter reset noises
legendary
Activity: 2352
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
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