Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2477. (Read 26711330 times)

delusional sufferers like Peter Schiff and JP Morgan will think this is fake LOL

next stop....$24k

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Not a greedy man
If you come my way your way
I'll give you my seed




#haiku

It’s Really Amazing

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Here's my technical analysis of where Bitcoin's price is going.



Source

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well sideways in a 20.5 to 23.5 slot works for miners a lot better than sideways in a 15.5 to 17.5 slot.

My mining earnings are up.. And if we do do a really runup to 100k plus I will be ecstatic. since monthly earnings of the farm will also be an alltime high.

UHU! Just now Btc again hits 23k today .

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Although the market is down from yesterday's ATH and not much of a GREENISH market has been seen in the last 24 hours.And since last year many big scams have happened in cryptocurrency. Many are dismissing Bitcoin as just hype(https://www.youtube.com/watch?v=qdIooHrQeK8), and this statement by the Ex-Chairman of the CFTC(Commodity Futures Trading Commission) will be effective as a counter-answer for them. 

🇺🇸 ex-CFTC Chair: "Bitcoin is digital gold. It's programmed scarcity" 🙌
source

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TWITTER

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30 Minutes, i don't even doubt about that. thanks for linking the article.
Would be spectacular if human memory could just be read out like bits and restored like data backups.

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btw its not a fake... berlin owns BTC
https://twitter.com/neumi85_btc/status/1616915567377522689
https://twitter.com/neumi85_btc/status/1616926508655730692

Explanation

I am NOT even suggesting that straight up BTC price movements would be impossible, and sometimes weird shit can happen in bitcoinlandia - especially based on some kinds of weird dynamics that we are in with an asset that has a limited supply, but a lot of the third parties have rug pulled or caused a decent amount of coins to get frozen (or at least vouchers for coins)..

So it does not hurt to prepare for UP, including preparing for decently sized corrections along the way that might or might not happen like you seemed to be suggesting Republikcoin.com  - so it also depends on your own situation, and if we go by your forum registration date, you have potentially been in bitcoin as long as me, but when I look at the beginnings of your post history, your posts were surely not very bitcoin friendly or bullish, so it could be possible that it took you a bit of time before you figured out that it would be good to accumulate bitcoin and don't be fucking around with it too much.

So if you had largely been able to established a decently-sized bitcoin position prior to October 2020, then it could be the case that you are not feeling as much pressure to continue to accumulate bitcoin (not that anyone needs to necessarily stop accumulating bitcoin when opportunities to accumulate present themselves).

Yet, I will suggest that if you had been able to accumulate a decent stash, and even maybe re-accumulate more BTC in recent months, then it could be possible that you might just sell small amounts of bitcoin on the way up in case it might correct - yet surely i never recommend selling bitcoin in order to accumulate more bitcoin, but ONLY in the event that you already have established a more than a large enough bitcoin position.. which might be considered overinvestment or over allocation... and the devil's in the details regarding how to manage such a BTC stash that also likely depends upon other assets and investments that you have, including your cashflow considerations.

Over the years, I have been pretty strict in developing and attempting to follow my own system of BTC portfolio management, and largely I feel that I did most of my BTC accumulation between late 2013 and early 2017, then I mostly transitioned into a kind of maintenance stage - that also includes some BTC accumulation, but is more so focused on maintenance rather than my having very many concerns about BTC accumulation - except for hardly even being able to resist some level of additional accumulation in the past several months (including when we surprisingly went below the 200-week moving average in June and have largely been below it for the past 7 months), yet even given where I am at, my regular system does allow that I am able to sell up to 10% of my BTC holdings upon any doubling of the BTC price; however, I did a quick look at my current BTC sell orders between mid-$23ks and $52k, and it appears that my current BTC sell orders in that price range ONLY add up to about 1.7% of the size of my current BTC stash, so if I needed to sell more BTC, then I could sell an additional 8.3% and still be within my regular already authorized system that I have established; however, I am not currently seeing any kind of pressure to sell any additional BTC, even though I probably should learn some new ways to spend more money.. and it seems that I have already recognized that I have had some variation of that "need to spend more money" issue in recent times (such as the last few years) in terms of figuring out some ways to make sure that I am spending enough money on a regular basis...

.....and I guess that part of my point is that if we have already mostly gotten to a mostly BTC maintenance stage, then we are likely in a different position than someone who might perceive themselves to be in a BTC accumulation stage, and surely there are stages of BTC accumulation too.. so you could be a more mature accumulator rather than a beginning accumulator, which likely should give you more options if you are a more mature BTC accumulator, and I am not necessarily suggesting selling BTC in order to accumulate BTC - even though there could be ways to manage those more complicated ways to accumulate BTC... and surely more options exist the more BTC that you have accumulated, the more that you are in profits, and it surely is helpful when the BTC price is going up, too.. A person holding a decent amount of BTC should be hard-pressed to complain about the BTC price seeming to currently have a decent amount of UPpity price pressures... at least in the past week or two and as I type this post..