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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 340. (Read 26712683 times)

legendary
Activity: 2380
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legendary
Activity: 2380
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legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.
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).

FTFY

legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
Next Chartbuddy 68K  Kiss
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
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.
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
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that the odds are getting close to 50% or greater that we would see $1 million by the end of 2029, yet my currently unpublished 200-WMA projection is ONLY projected to get to about $139k by the end of 2029..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?  Shocked

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?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
...

I thought about parking in stables as well, but I decided I wouldn't put life changing amounts into stables, since it's an IOU issued by a company. I have been burned by gox and stamp (luckily not finex) and learned my lesson not to rely on any central entity.


Gachapin when I read your post, I sometimes thought that the Gox thing made a lot of people happy eventually. I didn't have any coins on that exchange when it went bust. But now if I understand correctly, didn't everyone get their coins back (or will get them back)? Because then I think most of the people would be rather happy that the exchange collapsed because they might instead have sold in the meantime for much less money.

I apologize if I get that wrong because I am not involved with the reimbursement process, not aware of the status,  but I thought that people were promised to get their balances paid out from back in 2014 and since the price was around $500 then, I thought some of the victims would literally be happy about the incident in hindsight. 

If you don't mind, enlighten me. Thanks!

Some are pissed and some are happy.

if you had 20 btc i think you get 3 back

so 20x500 = 10000. and 3 x 65000= 195,000

to some thats great to others they feel at least 10x65=650,000  would be close to fair

others are likely to think they should have got 16 of the 20 coins or 1,004,000


truly delusional would likely feel 100% was correct.

I never lost at that exchange my thoughts are they should have been over ⅓ of the coins
hero member
Activity: 938
Merit: 1891
bitcoin retard
...

I thought about parking in stables as well, but I decided I wouldn't put life changing amounts into stables, since it's an IOU issued by a company. I have been burned by gox and stamp (luckily not finex) and learned my lesson not to rely on any central entity.


Gachapin when I read your post, I sometimes thought that the Gox thing made a lot of people happy eventually. I didn't have any coins on that exchange when it went bust. But now if I understand correctly, didn't everyone get their coins back (or will get them back)? Because then I think most of the people would be rather happy that the exchange collapsed because they might instead have sold in the meantime for much less money.

I apologize if I get that wrong because I am not involved with the reimbursement process, not aware of the status,  but I thought that people were promised to get their balances paid out from back in 2014 and since the price was around $500 then, I thought some of the victims would literally be happy about the incident in hindsight.  

If you don't mind, enlighten me. Thanks!


I have already written everything in the WO. But in short,

GOX rejected my whole claim because in addition to BTC and BCH (the only fork they paid out) I asked for too many other forks that had been issued while GOX was sitting on the utxo's (I don't think they have any right to keep these forks..)
To counter the rejection I needed a Japanese lawyer which wasn't economically reasonable about 5 years ago.

After 1-2 years or so they stopped accepting claims anyways, so even if I wanted to re-issue my claim with a lawyer, I couldn't.


And NO! Many are not happy that they couldn't access their coins for over 10 years, and only got back a tiny fraction.
That definitely goes for any longterm holder.
Saying something like you did, shows me that you probably don't have the mindset of a someone who held for 10+ years. Which, frankly, makes me wonder if you are the original owner of your 2011 account..

 
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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