Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1560. (Read 26711585 times)
October 23, 2023, 12:03:27 AM
October 22, 2023, 11:04:53 PM
October 22, 2023, 10:53:08 PM
Hype!!!
October 22, 2023, 10:08:05 PM
There's also the option of exchanging a chunk BTC for LTC from time to time to make small purchases more feasible.
Not in America, when the IRS will charge you capital gains for just doing that exchange.
Plus the fact that still to this day, almost no merchants in the U.S. where most people shop (or buy coffee) take ANY crypto directly as payment.
Over the years, I've grown extremely weary of conversations of the "theory of using cryptos for daily purchases" vs. the reality. The practicality of it is non-existent. The practicality of using fiat for daily transactions is still INFINITELY better and easier in every conceivable way.
Of course, the powers that be in many countries (not only merica) would like to get rid of cash in order that they can track every lil thing that you do, and they would also like to be able to create lil incentives within the ways people are able to spend money or not.
Perhaps the existence of bitcoin creates incentives for the control freaks to want to put their systems into place more urgently.. it seems to be part of the explanation for some of what is going on regarding how scared the powers that be seem to be about matters of their own making.. and sure we cannot necessarily blame them of problems that are somewhat inherent to fiat systems.. and certain events that happened prior to the tenure of any of the individual powers that be status quo financial/government folks.
must mine more crypto. (apologies to jjg but it fit)
Protip: "Bitcoin" would fit too. Have you heard of it? if your mind had not happened to be polluted.. to the extent that you got one.. #nohomo. hahahahahahaha
I think it can go higher. I'm one of those who believe that Bitcoin may be rising due to ETFs and how positive all that is.
Of course it is rising, but due to ETF rumors. Everyone is speculating on when it will happen but nobody really knows anything. The current pump is 100% speculative. I would not go as far as to panic-buy Bitcoin right now.Next comes the excuses stage: the ETF crowd will make excuses why there is still no ETF?
Then follows the dump stage: speculation has reached an all time high and is now beginning to slope.
Once the ETF dream becomes reality, there will be another pump to look forward to.
But who cares if you're hodling anyway? Anytime is a good time to buy Bitcoin.
Even though you overall conclusion is positive about bitcoin, you surely make a grim showing in order to get there, and you seem to be giving too much credit to the supposed abilities of the powers that be to assist in dumping bitcoin in the near future.. and whether any such dump happens or not, why do we even need any kind of explanation beyond the fact that BTC prices were within the lower end of the range, and then recently they pumped into the middle of the range for reasons that may or may not be lasting..
...but who cares we are in the middle of the range, even if there might be another test of the lower end of the range.. maybe there will and maybe there won't. Does it matter? WE are in the middle of the range, and seems just as likely as not that we might get some potential test of the higher and of the range (presuming that there could be some abilities to get past our local high of $31.8k ish.. and maybe that would be sufficiently positive to even break BTC prices outside of the upper end of the range.. (which happens to be around $35k).. but again as your last sentence suggests, does it matter very much?
Perhaps some of us will start to wake up and/or even get excited if it starts to appear that we might break out of the range to the upside.. and geez.. you really think that the shittwat manipulator wannabes even want bitcoin to be as high as it is, and if it breaks out of the don't wake me up zone to the upside, then surely they are not going to like that, even though it seemed kind of inevitable to happen.. surely maybe not guaranteed, but decently good chances, no?
October 22, 2023, 10:05:00 PM
October 22, 2023, 09:26:41 PM
I think it can go higher. I'm one of those who believe that Bitcoin may be rising due to ETFs and how positive all that is.
Of course it is rising, but due to ETF rumors. Everyone is speculating on when it will happen but nobody really knows anything. The current pump is 100% speculative. I would not go as far as to panic-buy Bitcoin right now.
Next comes the excuses stage: the ETF crowd will make excuses why there is still no ETF?
Then follows the dump stage: speculation has reached an all time high and is now beginning to slope.
Once the ETF dream becomes reality, there will be another pump to look forward to.
But who cares if you're hodling anyway? Anytime is a good time to buy Bitcoin.
October 22, 2023, 09:06:07 PM
thank you buddy another lift.
October 22, 2023, 09:01:21 PM
October 22, 2023, 08:50:30 PM
Could we talk about a possible laterality? or consolidation at $30k? I don't know, I don't think so:
Source: https://cointelegraph.com/news/bitcoin-price-cracks-30-k-clearing-path-for-sol-link-aave-stx
I don't think it can have a range value for a consolidation or later, the price remaining at $30k is not bad, but I think it can go higher. I'm one of those who believe that Bitcoin may be rising due to ETFs and how positive all that is.
I love this image, because it makes me refer to bitcoin once and for all.
Source: https://www.coindesk.com/markets/2023/10/20/bitcoin-inches-closer-to-30k-as-etf-hope-drives-bulls/?_gl=1*1eji5uq*_up*MQ..*_ga*MTg1MzE1NTUzMC4xNjk4MDI0NzAx*_ga_VM3STRYVN8*MTY5ODAyNDcwMC4xLjAuMTY5ODAyNDcwMC4wLjAuMA..
In France things are working very well, and this may suggest that if it continues, bitcoin may have a better chance of rising in price:
Source: https://cryptonews.com/news/rise-number-of-french-stores-accepting-bitcoin.htm
If this policy were applied to many places in European countries and this culture reached all the corners of the world, I am sure that bitcoin would skyrocket at once, maybe if not? Or is it because I'm very optimistic?
Quote
A consolidation near the current level suggests that the bulls are in no hurry to book profits as they anticipate another leg higher. That could catapult the price to the overhead resistance zone between $31,000 and $32,400.
Contrarily, if the price turns down from $31,000, the BTC/USDT pair could drop to the 20-day exponential moving average ($28,160). If the price snaps back from this level, the bulls will again try to clear the overhead hurdle.
Contrarily, if the price turns down from $31,000, the BTC/USDT pair could drop to the 20-day exponential moving average ($28,160). If the price snaps back from this level, the bulls will again try to clear the overhead hurdle.
Source: https://cointelegraph.com/news/bitcoin-price-cracks-30-k-clearing-path-for-sol-link-aave-stx
I don't think it can have a range value for a consolidation or later, the price remaining at $30k is not bad, but I think it can go higher. I'm one of those who believe that Bitcoin may be rising due to ETFs and how positive all that is.
I love this image, because it makes me refer to bitcoin once and for all.
Quote
“Bitcoin has also been encouraged by possible ETF approval and an increasing number of ETF submissions by leading companies,” shared Lucy Hu, senior trader at Metalpha, in a message early Friday. “The SEC opted for a no-appeal on Grayscale’s ruling, and as the deadline for BTC spot ETF applications from institutions such as Blackrock looms closer, the market’s confidence in ETF approval has increased.”
“(With the) bitcoin ETF approval and halving event in April, the crypto market could kickstart a very robust bull market,” Hu added.
“(With the) bitcoin ETF approval and halving event in April, the crypto market could kickstart a very robust bull market,” Hu added.
Source: https://www.coindesk.com/markets/2023/10/20/bitcoin-inches-closer-to-30k-as-etf-hope-drives-bulls/?_gl=1*1eji5uq*_up*MQ..*_ga*MTg1MzE1NTUzMC4xNjk4MDI0NzAx*_ga_VM3STRYVN8*MTY5ODAyNDcwMC4xLjAuMTY5ODAyNDcwMC4wLjAuMA..
In France things are working very well, and this may suggest that if it continues, bitcoin may have a better chance of rising in price:
Quote
Owner Benjamin Baldassini was quoted as stating:
“[Our customers] are often strangers – people passing through the city [...] who know that we accept this form of payment. They come to the restaurant to [spend their BTC].”
The restaurant has sought to boost interest in BTC as a form of payment by creating a “Bitcoin aperitif” event held on the first Wednesday of every month whereby “only BTC payments are authorized.”
“[Our customers] are often strangers – people passing through the city [...] who know that we accept this form of payment. They come to the restaurant to [spend their BTC].”
The restaurant has sought to boost interest in BTC as a form of payment by creating a “Bitcoin aperitif” event held on the first Wednesday of every month whereby “only BTC payments are authorized.”
Source: https://cryptonews.com/news/rise-number-of-french-stores-accepting-bitcoin.htm
If this policy were applied to many places in European countries and this culture reached all the corners of the world, I am sure that bitcoin would skyrocket at once, maybe if not? Or is it because I'm very optimistic?
October 22, 2023, 08:31:03 PM
buddy I will thank you for the small lift.
maybe a hundred or two hundred more in the next post.
maybe a hundred or two hundred more in the next post.
October 22, 2023, 08:03:29 PM
October 22, 2023, 07:57:23 PM
c'mon buddy! Show us $30,159.00
October 22, 2023, 07:47:41 PM
Marc Andreessen's techno manifesto..whether you agree or disagree..those are quite bold strokes.
https://a16z.com/the-techno-optimist-manifesto/
I kind of like it, albeit he thinks that we can fit 50 bil people on Earth.
https://a16z.com/the-techno-optimist-manifesto/
I kind of like it, albeit he thinks that we can fit 50 bil people on Earth.
Quote
We believe change only happens on the margin – but a lot of change across a very large margin can lead to big outcomes.
October 22, 2023, 07:10:14 PM
Howell to Clifton
Been working on the coin mine
Clifton to Howell
It is quite a loop.
Fixing the gear buying gear
cause I mine the corn
Day after day mine.
Sunday to Saturday mine.
must mine more crypto. (apologies to jjg but it fit)
30 k all day
33 k coming Monday
I hope for buddy
He can do that lift
wo wants 33 k now.
I wait for monday.
Been working on the coin mine
Clifton to Howell
It is quite a loop.
Fixing the gear buying gear
cause I mine the corn
Day after day mine.
Sunday to Saturday mine.
must mine more crypto. (apologies to jjg but it fit)
30 k all day
33 k coming Monday
I hope for buddy
He can do that lift
wo wants 33 k now.
I wait for monday.
October 22, 2023, 07:04:59 PM
October 22, 2023, 06:58:27 PM
It's Bitcoin Sunday.
The battle for thirty grand
Is still raging on.
Bouncy bouncy bounce...
But still pretty well sideways.
It gets tedious.
It's not a problem.
One coin is still worth one coin.
That's what's important.
The honey badger
Will always go its own way.
Shout, "go Bitcoin go".
The battle for thirty grand
Is still raging on.
Bouncy bouncy bounce...
But still pretty well sideways.
It gets tedious.
It's not a problem.
One coin is still worth one coin.
That's what's important.
The honey badger
Will always go its own way.
Shout, "go Bitcoin go".
October 22, 2023, 06:55:50 PM
Oh, my..you are right.
Apparently, squatters have rights in some states. Wow.
Well, Michigan is 15 years, NH is 20 years of continual occupation...and Alberta just abolished the "Squatters rights' altogether recently (and British Columbia and Ontario already did it beforehand).
I am not sure why US still has these somewhat ridiculous "rights" on the books; maybe so the available land is cultivated?
Apparently, squatters have rights in some states. Wow.
Well, Michigan is 15 years, NH is 20 years of continual occupation...and Alberta just abolished the "Squatters rights' altogether recently (and British Columbia and Ontario already did it beforehand).
I am not sure why US still has these somewhat ridiculous "rights" on the books; maybe so the available land is cultivated?
I believe that's what's referred to as "adverse possession". Even without that being in effect, squatters can be a pain (and expensive) to be rid of.
October 22, 2023, 06:04:54 PM
October 22, 2023, 05:11:40 PM
I am angling to buy another property too in 2025, but not for renting.
The idea is to "escape" hot summers here.
Potential areas: Canada, New Hampshire or Michigan (from more to less expensive, typically).
Some water view is a must, got tired of not seeing water on a daily basis (river, lake or ocean-whichever will do just fine).
I would suggest looking into how those localities handle squatters. I suspect we're going to see an increase in that kind of thing in the near future.
Oh, my..you are right.
Apparently, squatters have rights in some states. Wow.
Well, Michigan is 15 years, NH is 20 years of continual occupation...and Alberta just abolished the "Squatters rights" altogether recently (and British Columbia and Ontario already did it beforehand).
I am not sure why US still has these somewhat ridiculous "rights" on the books; maybe so the available land is cultivated?
October 22, 2023, 05:05:54 PM
Few days ago my bud flew over my house with a FJ with some mad speed and pulled a cobra maneuver.. One of the rare moments i been left speechless with a open mouth 😆
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