Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3812. (Read 26713933 times)

Don't care. GoT went to shit and Martin's never finishing Winds of Winter. Screw the lot of it.

Explanation

the morning wall report


https://newstarget.com/2022-03-29-putin-sets-deadline-for-dropping-the-dollar-requiring-rubles-for-energy.html


https://twitter.com/Ben64319554/status/1508688987350876167

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accumulation continues this morning with bitcoin trading in a tightening range near $47.3kish

dyor

4h


D

stronghands

Choli the whole story is about changing the working process of Bitcoin actually for now Bitcoin is working on proof of work as we all know that but the ethylene killer projects etherium and XRP project CEO they are trying to make the process and business model of BTC to be changed in the proof of stake this is directly connected to their personal benefits like XRP CEO is doing it for their popular and they are trying to make their project most successful, and I will try to explain it and that proof of stake is very risky if any judgement is passed on bitcoins working procedure as Bitcoin mining and Bitcoin Halving transaction system and Bitcoin Halving etc this will impact the BTC price and BTC working procedure the growth of BTC is going crazy and their trying to convert and switch the system of proof of work into proof of stake the main force and cons of proof of stay car in proof of stake there are two many possibilities of hacking which make us a major loss in BTC value we are considering.
 BTC as our permanent and secure asset just because of the working procedure of BTC and the BTC is making good achievements but their comes a problem if BTC is shift to proof of stake we cannot out we can save many energy like in mining we are using BTC network is using a lot of energy a lot of energy which is causing in environmental effects but the point is the minors are trying to make the equipments more efficient and environment friendly but the CEO of XRP they are trying to run a campaign against the working of BTC proof of work to transfer it into proof of stake that may be a wrong step but the pro Bitcoin miners are opposing it and we should support BTC system as proof of work.

Explanation

What happened to the big blockers BTW?

No one seems to talk about big blocks anymore... Have they all seen sense?

bcash LOL is #25 on CMC, trading at under 1/10 of its ATH <--- LOL indeed! 

Pedocoin BSV is #63, trading at under 1/4 of its ATH... Such wow! 

Serves them well. They thought they were so smart and wanted to change the code... Suck your forks now, you fuggs! There's a reason Satoshi set an upper limit on block size.

Silently showing the whole story.

It's the first ever series/show by Netflix on Crypto, right?

Explanation

Fillippone always amazes me with those games

Strong game dude

Someone publicly says that they will buy BTC worth $10 billion, and the price of BTC increase by only a few% - it seems that there are millions of BTC on the market waiting to be sold - luckily for everyone Satoshi seemed to be a fan of the Blackjack considering it was all based on number 21

Explanation

Amazingly, some people still take what they see on "social" media seriously.

Of course without having specifics, I am having some trouble compeletly relating to the dilemma that some guys seem to be having in regards to how to potentially manage our bitcoin holdings.

Surely, few of us would be anywhere close to Michael Saylor's ability to potentially being able to negotiate favorable bitcoin leveraging terms - such as loaning our bitcoin... including his last debt was like interest only for the term of the loan.. and surely we already know that his company sufficiently cashflows to cover the interest payments of his most recent loans and all his other various debt instruments that he has employed in recent times..... of course, the more and more kinds of debt that he adds on causes some additional concerns about the extent to which he and his company would be put at risk for very long negative and/or flat bitcoin performance periods, but the way that most of his debt instruments are structured causes those concerns about if bitcoin would end up being lower priced than today on a 4 year timeline or longer.. so the real severity of the question does not come due for more than 4 years in regards to most of his debt structuring.

So part of my point would be whether guys would even be able to be considering their cashflow and/or abilities to structure debt even close to Michael Saylor.. and I would also say fuck you to a vast majority of the current ways to structure debt through the bitcoin services that are not really giving favorable terms to bitcoiners.. so to even justify entering into any of the various debt services, the bitcoin performance is going to have to be able to exceed the various costs of the services . .as an additional presumption that you will need to make... for the most part, I would say fuck you to the employment of a variety of the third party services, unless you are just using a small portion of your BTC stash (such as less than 5%) to fuck around with such services.. or if you are like Saylor and you can negotiate really straight forward and low rates... Personally, I would not go for anything less than 6% per year interest, even though I expect bitcoin to be able to perform better than that.

Regarding just purely using your bitcoin stash in order to figure out how much to authorize yourself to draw upon... if you have reached entry-level fuck you status, then it should be easier to figure out using the 200-week moving average.. so at the most 12% per year based on 200-week moving averages, and if you are concerned about withdrawing the maximums, then do only 6%... remember that 200-week moving average is currently just shy of $21k, so our default entry-level fuck you status would require around 95 BTC to have had reached entry-level fuck you status.

If your BTC stash is only half of entry-level fuck you status (only 47.5 BTC), or even a quarter of that (only 23.75 BTC), then you likely should not be cashing out very much of your BTC stash at all until you keep building up towards reaching entry-level fuck you status.. of course you can draw out some BTC along the way to make sure that you are sufficiently diversified and practices like that, but when accounting for your total net worth or your total investment portfolio, you would still need to add them up to see if you are at or above entry-level fuck you status and any withdrawal of BTC should attempt to follow formulas based on the 200-week moving average so that you are accounting for BTC volatility and careful not to withdraw too much.. and in the end, you have discretion to do whatever you like in terms of withdrawing from your BTC prior to reaching entry-level fuck you status, yet I would consider that your withdrawal rates would not get anywhere near the maximum levels.. and perhaps you would create your own maximum level that might be 1/4 of the 12% maximum that would be allowed in periods in which you had already reached entry-level fuck you status.

By the way, I am still considering creating some kind of a post to help to explain maximum withdrawal limits that relate to how much spot price is above the 200-week moving average, so at this time, our $47k-ish spot price is nearly 125% exceeding the 200-week moving average, so those kinds of numbers do surely seem fair in order to have some confidence in higher withdrawal rate percentages.

For sure another point is that if you withdraw from your BTC stash, there should be some expectation that you might never be able to get those BTC back, but of course, if you are still in BTC accumulation stages, you are likely still building your stash - while at the same time, the 200-week moving average continues to go up in order that in the future, you need fewer and fewer BTC in order to reach entry-level fuck you status... Many of recognize and appreciate that the 200-week moving average is likely NOT going to continue to move up at its historical rate of 75% per year, so we likely have to continue to account for some level of tapering of that historical 200-week moving average appreciation rate  (even my post of December 28 had shown a tentative projection that even the guy with only currently 1/4 the coins to reach entry-level fuck you status (that's 23.75 BTC), would likely be sitting in a pretty decent place by the time we get to late 2024 - based on historical appreciations of the 200-week moving average price).

 Nice fillippone!
I had a quick look yesterday before I got to doing my errands and I thought I saw some really large solar panel installations which lead me into the weeds (speaking of which I also noticed the prickly pear cactus which is not native to Europe).  Turns out they're not solar panel installations at all; they are sprawling greenhouses.

Opera Browser adds support for Bitcoin and shitcoins, planning to embrace Web3.

Explanation

BTC moving from the Major Sport to towards testing its resistance level 48980 if BTC break its resistance with good volume then BTC is having one more Resistance of the 49820 that will be the easy pick by the BTC from that point may be BTC retest its value and make small dip then 52K will be the targeted Price and from 52K

BTC is considered to be Bull Trap and from there may be may be BTC may Stat its Down trend again but there are some chances for the Next target 55K but there very low possibility in current position of BTC to break 52K