Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4. (Read 26515210 times)

Not under 100k at any rate

Ukraine never had an independent nuclear weapons arsenal, or control thereof, but agreed to remove Soviet nukes stationed on its territory. They also did not possess the technical capabilities to maintain them, so it was not really "giving up" the nukes.

Interesting. .. like a reboot.. but rebooting from the place that we are at, don't lose the last 6 blocks in the process.


I doubt that it would be as bad as you are making it out to be.  It does seem that there is a lot of momentum to project us well above $100k, but it is still not a given.

I surely would be a bit resentful if those guys selling around $100k (or just under $100k) were able to buy back at $82k or whatever might be their target price.

I largely suspect that corrections down to $90k largely don't matter for the guys selling just below $100k, they likely want more than a 10% correction, yet they might be putting too much weight on such a correction happening, and so they likely will end up sorry for selling too much too soon... but hey, who knows?  It is not a shame, either way... especially for guys mostly holding, and it seems that $100k is a BIG overly hyped SO WHAT.. .. yet at the same time, I hate to see it receive more significance than it deserves, but you cannot really stop people from tending to overly-hype round numbers.


Why does what you want matter?  I know that you are not the ONLY one saying it or feeling it, yet we have largely already gotten there (within $200), so why would it make much of a difference? 

I do suspect that getting through $100k will likely remove resistance for 15% to 25%.. yet who knows if $100k will become support or not.  Personally, I try not to get too attached, but to enjoy whatever momentum that we have.

You know that for many of us, if we have average costs per BTC of $1k or lower, then anything that is more than 5x should feel pretty good, especially if the investment timeline is under 10 years. and yeah, sure I just went over 11 years, but thinking that so many of these higher prices are icing on the cake, and really contributes to needs to spend way less bitcoin in order to get the equivalent dollar value if the BTC price were way lower than its current price.  So in speaking for myself, I continue to be amazed and adjusting to just spending some small amount of BTC, but it adds up to so much dollar value.  Especially in 2015, when I had several instances of buying $100 or $200 worth of bitcoin in a day or a week (just when some extra cash came to me), and then sometimes I would be upset because I was not able to buy a whole bitcoin at a time (since the price was in the $200s), and so sometimes maybe I spent $50 to buy bitcoin and I got 0.2 BTC, and then I would think that I would have to make 5 of those similar level purchases just to get to a whole BTC... and so now days, someone might say that their groceries went up more than 3x over the past 5 years, and then I think about how I don't like the groceries going up, but the costs don't really bother me too much in the whole scheme of things in terms of my overall nestegg that had already been built with BTC that were in the $1k or less price points.

Surely there are guys who don't have BTC that are averaging $1k or less in their costs, but there are quite a few guys in this thread with BTC $10k or less or even $20k or less, and there may well be feelings of just getting to a place in which they are starting to feel good about the appreciation of their BTC holdings being 5x to 10x in profits as compared with the guy who is around $1k considering that he is ONLY 95x in profits rather than being 100x or more than 100x in profits, and to me a lot of the extra profits beyond the 5x to 10x plays out as largely icing on the cake rather than anything to get overly excited about... Yeah, some of us have already gotten to our 5x to 10x range of being in profits when bitcoin was bouncing between $5k and $10k for much of the time between late 2017 and late 2020... and thereafter, our BTC prices have never returned back to that $5k to $10k range, even though there were threats of doing so.


Even though a lot of seemingly dumb shit happens out there in cryptolandia, I am afraid to suggest top signal.  I would not bet against the level of dumbness... just say no to playing any of those games, unless maybe you take a very small amount of your BTC holdings such as a percent or two, even though I am not going to bother.  I do have a handful of shitcoins that largely just sit in some wallets that I have, and I consider them as just a kind of just-in-case some other method of transaction might come in handy... but even that seems a bit dumb for me to be holding some of them..less than 0.5% of my holdings for all shitcoins combined together.



Scary?  How strong is the source for the rumor?  I suppose that there are some wallets that are suspected to be US Govt wallets?  We also don't always know what they are doing merely when they are moving coins around, and other governments have done those kinds of things, or at least there had been those kinds of rumors in regards to other governmental coins too.

Funny if the US government sells 10k bitcoin, and then when Trump comes in, he has to buy them back.. hahahahahaha

I am not going to put it past any of the administrations try to fuck around with BTC prices.

If true, at least US Govt selling on the way up rather than towards our 2024 bottom as the German govt did... even though selling at sub $100k might not end up being smart, but at least it is nearly 2x higher than the German government's sale.... not that any of us really consider that government sales of BTC is necessarily a good idea in terms of government monetary policy, yet the monetary policies of a lot of governments tend to have quite a few flaws.

Maybe they will just return the ones they gave up after being assured that that Piece of Shit Putin would not invade them?

Explanation
Chartbuddy thanks talkimg.com

Your providing the dumb chart might not be helpful... and you are saying:  "look at this dumb chart"  what does it mean?

Sure there has been quite a bit of marketing to juxtapose ethereum with bitcoin and to obfuscate the sound money attributions of bitcoin - and when such ongoing juxtapositioning takes place, we have an affinity scam , and surely there have been quite a few folks either buying into such ideas of investing into the top "cryptos".. or invest in the top two.. blah blah blah.

In the last couple of years, the market seems to have been figuring out some aspects of the wast of time of ethereum, yet surely there are a lot of folks still considering ethereum to be a "bargain," so the affinity scam surely can continue, just like in recent times we have other shitcoins (shitcoin of the day) pumping such as doggie coin and XRP in recent times... so rotate through the various shitcoins that seem to create similar talking points that play into fears about how folks are too late to bitcoin, but this shitcoin or that shitcoin is going to be able to pump more in order to make up for the time of supposedly being too late to bitcoin... which likely results in recking of many folks who are not insiders regarding those coins...

and yeah, folks spend a lot of time striving to become an insider to one or another shitcoin so that they can get rich quicker than what it might take to merely invest in bitcoin and to ONLY get a 5x-6x returns over the past 2 years (talking from the November 2022 BTC price bottom) or even if we might say that more than 4x returns would have had been more than achievable for someone DCA investing into bitcoin over the past 5 years...yet for some reason 4x over 5 years is not enough.  Surely the longer our BTC timeline then the more likely that our returns would have had been larger, even with a regular DCA approach to our BTC.

Even over a 9 year investment timeline, the profits would have had been right around 33x, and so that should be enough profits, no?


Maybe there are three classes of front runners as compare with those who have not yet started investing into BTC?

1st: Prior to 2021: One of the grateful things for those of us who had done most of our BTC accumulation prior to 2021 is that we largely front-ran both Saylor/MSTR and also the crazy-ass money coming into bitcoin through folks who are getting their BTC through the ETFs.  Many of those ETF folks (or even the ones buying into MSTR) were not even thinking about BTC (or BTC derivatives) as one of their investment holdings. So yeah, there are some of us who front-ran both of those kinds of buyers who are now coming crazily into bitcoin.

2nd: Prior to 2024:  Even folks who have been still accumulating a lot of BTC in recent times, the second class of front runners are those who got in prior to the ETF going active (even though in late 2023, there was already a lot of BTC price pumping in anticipation of the BTC spot ETFs getting approved in the USA.

3rd: Those who have just started within the past several months:  The folks who are already actively investing in BTC and who might realize that they need to be as aggressively as they are able to be.  Sure they might not be able to really consider themselves to have a sizable and significant BTC stash until they have been stacking BTC for at least a whole cycle, yet if they have the vision to stack BTC for at least a whole cycle no matter the BTC price, they are likely ahead

4th: Those who have not started stacking BTC:  There are folks who heard about bitcoin, but they are not doing anything to get started in their stacking. Surely it is going to cost these folks more later, and they are more likely to be the senders of wealth rather than the receivers of wealth in the greatest wealth transfer in history, unless they move to category 3, above.

By the way Heslo, unless you really screwed up, I imagine that you figured out this bitcoin thingie-ma-jiggie prior to 2021, so you did most of your BTC accumulation prior to 2021.. Sure I could be wrong, but still.  Even though there are a lot of entities, institutions, governments and rich individuals now only coming to bitcoin and sucking up the BTC supply aggressively, as long as many of us already HODLers are holding (and making sure that we are safeguarding a majority of our coins), we should be more than fine, and sure there are likely some of us still accumulating BTC, but we can see that the earlier that we got into BTC the better in terms of having advantages to having had accumulated much if not most of our BTC prior to some of the folks, entities and governments who are newer to bitcoin..and some surely just coming to bitcoin in the past year or so (and even Saylor is just ramping up his accumulation strategies in recent times).

They sold our oil reserves as they tried to start WWIII. You know they’ll be selling our BTC now. Crooked right up until the very end.

Probably.

They will probably give Zelensky a couple of nukes next.

The Biden/Kamala administration's revenge? Biden already pardoned his criminal son... now selling bitcoins that the government stole from people... weren't they the bitcoiner-friendly candidate? What a fucking farce.

Explanation
Chartbuddy thanks talkimg.com

Definitely going to zero now. Saylor only bought 15,000+ and the price didn't move.

Such a load of crap all that FOMO.

Sick of the stupid duality of the nonsense.

So I should move to these synthetic tracks as I getting old. I had a 2 mile run yesterday on a track that is made over normal land and my knees are in great pain. These synthetic tracks can be a great help to avoid such pains.

https://x.com/tomselliott/status/1863537344038740264

Rumors going around on Twitter that the US government is preparing to sell 10 000 Bitcoin (which has already been transferred to Coinbase).

Explanation
Chartbuddy thanks talkimg.com

If that's the case then immigrants must stay back in there native countries as that's better option.


I don't know much about these cards so can't say anything about them. I am a Muslim and we don't celebrate this event.

People still pouring money into XRP.




"....and after that I will buy Litecoin, ADA and dog wiv diarrhoea"


 

Top signal?

I think the Bitcoin price may be frozen. Every time I’ve looked at it for a week now it seems to just say $97K. We need to get someone to turn it off and back on again. It would be a terrible shame if we didn’t at least hit six digits before any major retreat. I want to see five zeros in the BTC exchange rate.

Edit:


My phone app is actually stuck. Says it hasn’t updated in over 3 days in the corner. I knew the price seemed too stable. Lol

Explanation
Chartbuddy thanks talkimg.com

Explanation
Chartbuddy thanks talkimg.com