Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2850. (Read 26717310 times)

Explanation

The 'scrumptious babe'..."what I am going to do with all those bitcoins"?
PS sorry, not me (re 2025)

I recommend all 3 movies I saw this week:


Black Adam
Pretty decent, quite entertaining. Not amazing or even great but I definitely prefer this over most of the Marvel shite that keeps being churned out.
DC somehow seems more relevant, real or dramatic in a mostly consistent way. Marvel's Infinity War and the GOTG movies are fantastic however.


The Banshees of Inisherin
Pretty great. A bit weird but stick with it, the acting, setting and atmosphere are stellar. Colin Farrell is my favourite actor. (#nohomo)


The Black Phone
Clever atmospheric horror, probably my favourite since The Conjuring 2 (the others in that trilogy I actually think suck!)
Probably how good It and It part 2 should have been. This is better.

We’re all getting gf’s in 2025…..



@ronin21btc
“Tell me again how you went all in on #Bitcoin  in 2022 anon when everyone else was scared, I love that story”

https://twitter.com/ronin21btc/status/1586004922440421381

Explanation

https://youtu.be/rf1JM1S6wP0



EU gettin pissed is what 0:36 looks like

Explanation

Another one bites the dust.


https://www.sec.gov/Archives/edgar/data/1839341/000119312522270236/d395956d8k.htm


Fuck these centralized fucking farms.

https://twitter.com/wclementeiii/status/1586078736793075712

https://twitter.com/woonomic/status/1585408872956973056

Explanation

It is possible Elon bought at the top...

#

Either that, or this should save some money.

FTFY


Don't be using that "c" word.. you cunt (said lovingly).  In these times, "we" prefer to use the term "soft" when we are referring to "landing(s)".


Quoted for visability.

Regarding the substance of your assertions, we still have to zoom out, no?

Should we be getting overly excited based on short-term BTC price moves, and also even if we look at our current price of about $20,660, we are still about 13% below the 200-week moving average...

yeah.. sure.. better to have pumps up rather than having pumps down, but still time for citttteeee?  

I question getting hopes up too soon based on blips that are described as "speed pumps".


Regarding the 1st price list, it's unclear from where those numbers come, and the ONLY logical explanation that I can imagine would be that the BTC price might be on a specific day in each year.. Otherwise, they hardly seem to be representative. unless we might say low price for the year, or high price for the year or moving average price for the year.. and in any event it would be nice to have disclosure of the categorization regarding how those numbers were picked for each of the corresponding years.

In regards, to the second table listing bitcoin growth timelines, I have some difficulties considering that we are already past 100 million bitcoin users.  Sure it is possible that we have reached those numbers, and if you think about it, if the bitcoins were equally distributed, that would be 0.21 BTC per person, and we know that some users have way more than that, which would imply that some users have way less than that... like way the fuck less. .. like some people are being counted as users, and maybe they ONLY own an account on Coinbase (with zero balance) or maybe their Bitcoin holdings may well only be a few satoshis..

How many satoshis would be enough when 21 million satoshis is the current mean, if we were to divide 21 million users into 2.1 quadrillion satoshis..?  

Maybe we have millions of supposed bitcoiners who are ONLY holding around a few thousand satoshis and they count as bitcoin investors... even tens of thousands of satoshis would not cost very much at today's prices to bring your own holdings above the mode.. .. bringing yourself above the mean would be a bit more challenging for newbies with little income (cashflow), but it still may well be doable to get a few million satoshis for less than $1k... because right now you could buy 1 million satoshis for right around $207.. and maybe you would have to pay more depending on the fees that you might have to pay.


Even something as low as $10 per week can work.. even though it is difficult to recommend such low buy amounts because of likely getting eaten up by fees - unless you have some way of doing it where you just put the cash on an exchange and then it buys on dips during the weeks that you are authorizing the buys which ends up off-setting the fees.

Another possibility would be to add up the weekly amount and then buy it on a quarterly basis, so then that would be something like $120 per quarter, and then set your buys to take place at a certain time in the middle of the quarter.. I don't recommend beginnings or ends.. but surely people would vary in terms of trying to time within any quarter.

and you are the one who is making your own "self-assessment" that you have been negligent.. and maybe subconsciously motivated by those new tax laws.. which is understandable.. but at the same time, any of us longer term WO thread participants should realize that bitcoin portfolio management should not be low on our priority list, since bitcoin is an important asset, but at the same time, can give you a bit of a pass in the arena that there are continuously so many things that can suck you into bitcoin and time flies so fast.. and even sometimes I have some issues with fitting in aspects of my own bitcoin-related activities/plans.    I hate to say (or even think) that I am going to do something that is bitcoin-related, and it keeps taking me a long time to make progress towards advancing that bitcoin-related project/matter that I keep considering to be on my back burner, or the item that "I will get to."

Just remembered that i didn't buy Bitcoin in a while.
Real life is constantly sucking money from my bank account, more than some months ago.
The damn car i still like too much, the damn kids i love too much (going to school got expensive), the hobbies i love too much (like the telescope that tipped over), the higher bills for electricity, water and other general things i need too much...

I also recognized that i avoided concentrating on the possibility to buy some sats since national taxation on Crypto (what did i just write?) changed. The latter in a way, that selling corn bought after 2020 will be taxed as capital gains.

I definitely need to set some goals and rules regarding future Bitcoin buys, i better start this soon, because it feels to me that Q3/Q4 of 2022 is accumulation time.
This can't continue this way. Maybe DCA, but i don't know how much, facing less income to spare, but even a small amount per month is better than what i currently do.
Christmas is ahead, too, not known as the cheapest time of the year  

#HODL

EDIT: ChartBuddy, i'm thinking about forgiving you 

Explanation

FTFY

For clarification:

When you refer to the BTC price "below" the current price, the proper term is "support" to describe potential difficulties going lower.

When you talk about trying to push the BTC price "above" a certain price-point, then the proper term is "resistance."


Yep.

There seem to be at least a few resistance points to get through before getting too excited and presumptuous about getting to $30k, and I am not exactly sure where those resistance points would be - except to suggest that we might have one in the $21k to $22k arena, and then we might have another one at around the 200-week moving average (which is currently at about $23,800), and then there might be another one around $25k (since that is kind of our local high in the last 3-4 months), so if we get above $25k, we could have some decent momentum to get closer to $30k, and even to do one of those somewhat explosive UPpity events that might be a 2x to 3x-ish kind of an upwards explosion.. but seems kind of wishful thinking to go there before getting up and past a few sticking points first, and we are not in early 2019 any more.. We have some additional negative macro-conditions that seem to be causing some amount of uncertainties - even though surely a relief rally can even happen during times of questionably uncertain macro circumstances, too.    

Explanation

https://twitter.com/woonomic/status/1585404393008304130

2009-2022 Bitcoin Price List

2022:    $20,181
2021:   $60,592
2020:   $13,276
2019:     $9,223
2018:     $6,427
2017:      $5,733
2016:        $688
2015:        $304
2014:        $352
2013:        $188
2012:           $11
2011:            $3
2010:          $0.11
2009:         $0