Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 338. (Read 26712305 times)
October 24, 2024, 12:01:16 PM
October 24, 2024, 11:45:20 AM
The man probably woke up today and remembered that he has $10 million in BTC - considering that the time of Christmas and New Year is approaching, which is known as the time of giving, he will probably buy himself a new house and a car, and donate the rest to some good causes such as is a couple of months in some island paradise where the company will make him Dom Pérignon, Beluga caviar and a few beauties of his choice.
Could be. Could also be he was woken up by a $5 wrench, which gently got knocked on his head?
Tok, tok, tok... Somebody there?
We will never know...
By the numbers, could it be he aggregated three block rewards in one address? Could it be a minor miner of the past that moves to a different address for security reasons?
October 24, 2024, 11:26:38 AM
Hey guys , how are you? I'm not a politician , but all this election stuff is giving us a lot to talk about. This article talks about the technical aspects that are based on Saying that it can go up to the last maximum and Reach $125k.
Bitcoin could test its all-time high above $73,000 on day of US election, says Standard Chartered analyst
"We use daily bitcoin volume levels and popular strike levels to estimate post-election price moves. Our base case is that the bitcoin price will be around $73,000 on election day," Kendrick said in an email on Thursday.
He also noted that if Donald Trump wins the presidency, options breakeven points suggest a potential price increase of about 4% once the election results are known, with a possible total rise of around 10% in the following days.
The analyst emphasized that the dynamics of the options market provide insights into potential initial post-election price movements, with heavy open interest in BTC call options expiring on Dec. 27 at the $80,000 strike price, suggesting rapid movement toward that level.
Original Source:https://www.theblock.co/post/322898/bitcoin-could-test-its-all-time-high-above-73000-on-day-of-us-election-says-standard-chartered-analyst?utm_source=rss&utm_medium=rss[/i]]https://www.theblock.co/post/322898/bitcoin-could-test-its-all-time-high-above-73000-on-day-of-us-election-says-standard-chartered-analyst?utm_source=rss&utm_medium=rss
Do you think politics will affect the price of BTC? It would be the first time this has happened in the market, Over time they will launch a political indicator.
Bitcoin could test its all-time high above $73,000 on day of US election, says Standard Chartered analyst
Quote
"We use daily bitcoin volume levels and popular strike levels to estimate post-election price moves. Our base case is that the bitcoin price will be around $73,000 on election day," Kendrick said in an email on Thursday.
He also noted that if Donald Trump wins the presidency, options breakeven points suggest a potential price increase of about 4% once the election results are known, with a possible total rise of around 10% in the following days.
The analyst emphasized that the dynamics of the options market provide insights into potential initial post-election price movements, with heavy open interest in BTC call options expiring on Dec. 27 at the $80,000 strike price, suggesting rapid movement toward that level.
Original Source:https://www.theblock.co/post/322898/bitcoin-could-test-its-all-time-high-above-73000-on-day-of-us-election-says-standard-chartered-analyst?utm_source=rss&utm_medium=rss[/i]]https://www.theblock.co/post/322898/bitcoin-could-test-its-all-time-high-above-73000-on-day-of-us-election-says-standard-chartered-analyst?utm_source=rss&utm_medium=rss
Do you think politics will affect the price of BTC? It would be the first time this has happened in the market, Over time they will launch a political indicator.
October 24, 2024, 11:01:15 AM
October 24, 2024, 10:45:13 AM
A true HODLER!!!
A 2011 wallet just moved $10 million in Bitcoin! 🚀
If he’s from 2011 he must have been here on Bitcointalk
He hodled from $16 to $67,000, embodying the true spirit of HODL 🔥👑
https://x.com/bitcoinmagazine/status/1849418100363481239?s=46&t=EYlgQnpcCaCtcz2k1MwkNg
A 2011 wallet just moved $10 million in Bitcoin! 🚀
If he’s from 2011 he must have been here on Bitcointalk
He hodled from $16 to $67,000, embodying the true spirit of HODL 🔥👑
https://x.com/bitcoinmagazine/status/1849418100363481239?s=46&t=EYlgQnpcCaCtcz2k1MwkNg
The man probably woke up today and remembered that he has $10 million in BTC - considering that the time of Christmas and New Year is approaching, which is known as the time of giving, he will probably buy himself a new house and a car, and donate the rest to some good causes such as is a couple of months in some island paradise where the company will make him Dom Pérignon, Beluga caviar and a few beauties of his choice.
I have to try something similar tomorrow morning when I wake up - although I knew about BTC 2011, I'm not sure if I bought some BTC back then.
October 24, 2024, 10:13:15 AM
A true HODLER!!!
A 2011 wallet just moved $10 million in Bitcoin! 🚀
If he’s from 2011 he must have been here on Bitcointalk
He hodled from $16 to $67,000, embodying the true spirit of HODL 🔥👑
https://x.com/bitcoinmagazine/status/1849418100363481239?s=46&t=EYlgQnpcCaCtcz2k1MwkNg
A 2011 wallet just moved $10 million in Bitcoin! 🚀
If he’s from 2011 he must have been here on Bitcointalk
He hodled from $16 to $67,000, embodying the true spirit of HODL 🔥👑
https://x.com/bitcoinmagazine/status/1849418100363481239?s=46&t=EYlgQnpcCaCtcz2k1MwkNg
October 24, 2024, 10:01:18 AM
October 24, 2024, 09:48:25 AM
Too many people cheerleading for $1,000,000 per coin which obviously is not going to happen this decade.
Oh gosh.. you lil bear... or is it bear wannabe?
That is nearly in the ballpark of bettable... yet I am a bit too much of a scaredy cat to propose such a bet...
I imagine you are calling this decade as the end of 2029? which is another whole cycle if we project the end of this cycle to be the end of 2025.. not that we can even forever count upon the cycles having physical and material effects on cornz prices.
I am thinking that the odds are getting close to 50% or greater that we would see $1 million by the end of 2029, yet my currently unpublished 200-WMA projection is ONLY projected to get to about $139k by the end of 2029.. so I am not sure if I would want to take a 50/50 bet that spot price would be able to get their or to pull up the 200-WMA at a rate other than what I had already plugged into my formulas, even though surely $1 million does not even seem that far away since it is ONLY right around 15x from our current BTC spot price.
Furthermore, if gold keeps going up, $1 million per BTC might ONLY be right around gold parity in terms of market cap.. so you still seem quite dismissive of $1 million spot BTC price, and I think that I am even putting around $2 million for this cycle top as having around 0.5% odds, so $1 million is even reachable during this cycle too.. though surely $1 million for this cycle would be a bit of a long shot.. buy the end of 2029 is another whole cycle.. and also I just hate to presume too much, just like you seem to be of that camp, so surely the top of this cycle would help us to have a bit more grounding for the top of the next cycle, even though surely I have difficulties attempting to call too many of the legs of BTC price moves in advance and the most solid thing that I have is my projection of the 200-WMA.. which I feel that I have to adjust (or tweak) every 6 months based on actual BTC price and 200WMA performance rather than engaging in too far out their projections of too many unknowns.
By the way, my current projected 200-WMA shows BTC crossing above $1 million some time in mid to late 2042.. and sure of course, 200-WMA is a bottom price so we should be attempting to consider BTC spot prices to be spending quite bit of time 25% or so higher than the 200-WMA in order to continue to drag the 200-WMA in an ongoingly UPpity direction.
$1,000,000 per coin which obviously is not going to happen this decade.
Obviously? 
I was thinking that LFC might have had been wanting to try to employ some reverse psychology on king daddy, but king daddy is never falling for reverse psychology.
right?
right?
rrrrrrrrrrrriiiiiiiiiiggggggggggghhhhhhhhhhhttttttt?
[edited out]
My sell plans are further complicated by my NJ property taxes.I have a decent amount of BTC at around 25-28k.
If I sell a coin this year at 80k profit would by 52k
That would knock me out of the NJ senior property tax freeze program
and my property tax would rise from 7200 to 10600 plus it would be at least two more year of raises before I can get qualified for the freeze so I would lose five years of 7200:paying at least five years at 10,600:thats a minimum of 17000 in extra property tax.
If I cash a coin this year at 80k
so basically I am forced to not sell any more than 0.1 or 0.2 coins this year.
It is an interesting math problem the math seems to say sell very little for 2024 and deal with 2025 when we get there.
I pretty much see I need to leave NJ for tax purposes.
and I must sell very little BTC until I am in A new state
No wonder you are sabotaging ur lil selfie into not making any money.
Damned if you do and damned if you don't.
Maybe you need a new "more creative" accountant?
Basically its nice to have the property tax frozen at 7200 as property taxes are now 10,600 so NJ is forcing me to hodl.
I can sell about 0.1 btc the rest of the year and keep the property tax break.
the freeze program is brutal if you earn too much and get knocked out of it. I realistically do not want to lose the freeze as the best the new freeze would be is 10,600. So its be like jjg hodl hodl.
If we soared to 500k I would sell as 500,000/3,400= 145x which would make up for raising the taxes by 3400 a year for far longer than I would live.
Realistically the 3,400 a year tax raise would be for 15-30 years. or 50,000 to 100,000 in extra property taxes.
So for me to sell and take large profits. Would mean I need to sell four coins at 90k which would be about 4 x 58=216k profit.
of which 54k capital gains and say 100 grand in property tax over the rest of my life.
ie that 360k sale would net me about 200k.
October 24, 2024, 09:01:16 AM
October 24, 2024, 08:01:15 AM
October 24, 2024, 07:20:56 AM
Sowing some controversy on an otherwise perfectly fine day
Would you mind taking a picture of the results when placed in the sun? Am keen to see what it looks like when functioning, since it looks fairly advanced (for a sundial).
Would you mind taking a picture of the results when placed in the sun? Am keen to see what it looks like when functioning, since it looks fairly advanced (for a sundial).
FTFY
October 24, 2024, 07:05:28 AM
Next Chartbuddy 68K 
October 24, 2024, 07:01:19 AM
October 24, 2024, 06:01:16 AM
October 24, 2024, 05:01:16 AM
October 24, 2024, 04:15:45 AM
I probably have never been so happy, seeing a (admittedly tiny) wall-of-text posted by JJG, because it was breaking the wall-of-Chartbuddy series of postings.
October 24, 2024, 04:01:17 AM
October 24, 2024, 03:12:49 AM
Too many people cheerleading for $1,000,000 per coin which obviously is not going to happen this decade.
Oh gosh.. you lil bear... or is it bear wannabe?
That is nearly in the ballpark of bettable... yet I am a bit too much of a scaredy cat to propose such a bet...
I imagine you are calling this decade as the end of 2029? which is another whole cycle if we project the end of this cycle to be the end of 2025.. not that we can even forever count upon the cycles having physical and material effects on cornz prices.
I am thinking that the odds are getting close to 50% or greater that we would see $1 million by the end of 2029, yet my currently unpublished 200-WMA projection is ONLY projected to get to about $139k by the end of 2029.. so I am not sure if I would want to take a 50/50 bet that spot price would be able to get their or to pull up the 200-WMA at a rate other than what I had already plugged into my formulas, even though surely $1 million does not even seem that far away since it is ONLY right around 15x from our current BTC spot price.
Furthermore, if gold keeps going up, $1 million per BTC might ONLY be right around gold parity in terms of market cap.. so you still seem quite dismissive of $1 million spot BTC price, and I think that I am even putting around $2 million for this cycle top as having around 0.5% odds, so $1 million is even reachable during this cycle too.. though surely $1 million for this cycle would be a bit of a long shot.. buy the end of 2029 is another whole cycle.. and also I just hate to presume too much, just like you seem to be of that camp, so surely the top of this cycle would help us to have a bit more grounding for the top of the next cycle, even though surely I have difficulties attempting to call too many of the legs of BTC price moves in advance and the most solid thing that I have is my projection of the 200-WMA.. which I feel that I have to adjust (or tweak) every 6 months based on actual BTC price and 200WMA performance rather than engaging in too far out their projections of too many unknowns.
By the way, my current projected 200-WMA shows BTC crossing above $1 million some time in mid to late 2042.. and sure of course, 200-WMA is a bottom price so we should be attempting to consider BTC spot prices to be spending quite bit of time 25% or so higher than the 200-WMA in order to continue to drag the 200-WMA in an ongoingly UPpity direction.
$1,000,000 per coin which obviously is not going to happen this decade.
Obviously? I was thinking that LFC might have had been wanting to try to employ some reverse psychology on king daddy, but king daddy is never falling for reverse psychology.
right?
right?
rrrrrrrrrrrriiiiiiiiiiggggggggggghhhhhhhhhhhttttttt?
[edited out]
My sell plans are further complicated by my NJ property taxes.I have a decent amount of BTC at around 25-28k.
If I sell a coin this year at 80k profit would by 52k
That would knock me out of the NJ senior property tax freeze program
and my property tax would rise from 7200 to 10600 plus it would be at least two more year of raises before I can get qualified for the freeze so I would lose five years of 7200:paying at least five years at 10,600:thats a minimum of 17000 in extra property tax.
If I cash a coin this year at 80k
so basically I am forced to not sell any more than 0.1 or 0.2 coins this year.
It is an interesting math problem the math seems to say sell very little for 2024 and deal with 2025 when we get there.
I pretty much see I need to leave NJ for tax purposes.
and I must sell very little BTC until I am in A new state
No wonder you are sabotaging ur lil selfie into not making any money.
Damned if you do and damned if you don't.
Maybe you need a new "more creative" accountant?
October 24, 2024, 03:01:15 AM
October 24, 2024, 02:01:15 AM
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