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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 60. (Read 26460879 times)

legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
~snip~
Obstacles:
1. Recurring sales of large amounts of bitcoins by the US government and others (my country Bulgaria also has about 200K bitcoins, for which sales nothing is known about.)

It is incredible that this misconception is still alive after so many years. In one local media they even announced that these BTC were sold, but the conspiracy theories are still alive.

PAVEL DUROV is free.
Bail set at 5 millions € and cannot leave french territory till the trial.
He should hop on his private jet and gtfo while the gettin's good.

The best thing is for him to return to his homeland, where he would have protection from all possible prosecutions for any criminal offenses - because there pedophiles, rapists and criminals of all levels receive forgiveness if they survive 6 months at the front.

Unless they've pissed off the king president in the past (since the vKontakte affair).
I don't think Pavel wants to be seen anywhere in Russia.
Any French prison+orange suit combination beats the bottom of some Russian sea+concrete monoshoe.

He would not end up in prison, the Russians would be very happy to welcome him as a hero because they say that even 50% of military communication goes through his platform, but so does a significant part of Ukrainian military-political communication. Maybe he left Russia, but he never ran away from what he really is.
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
full member
Activity: 172
Merit: 101
Are there any old price predictions like from years ago which were actually correct?
legendary
Activity: 2520
Merit: 3038
Take a breather buddy
@philip I got your back, though it seems you're OK ;-)
Glad you got that thing off your chest
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2576
Merit: 2310
$120000 in 2024 Confirmed
Going to get me one of these in preparation for
 September's face melting rally

legendary
Activity: 2520
Merit: 3038
PAVEL DUROV is free.
Bail set at 5 millions € and cannot leave french territory till the trial.
He should hop on his private jet and gtfo while the gettin's good.

The best thing is for him to return to his homeland, where he would have protection from all possible prosecutions for any criminal offenses - because there pedophiles, rapists and criminals of all levels receive forgiveness if they survive 6 months at the front.

Unless they've pissed off the king president in the past (since the vKontakte affair).
I don't think Pavel wants to be seen anywhere in Russia.
Any French prison+orange suit combination beats the bottom of some Russian sea+concrete monoshoe.
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 1881
Merit: 3057
All good things to those who wait
The main question is, will we have an exponential bull run again lasting 6-12 months and starting later in 2024 or the first half of 2025? What are the objective prerequisites and obstacles to this?

Prerequisites:
1. The presence of ETFs, which include many institutions in the market that would not otherwise participate in the retail market.
2. The changed attitude of large financial institutions and politicians. For the first time, the issue of the US government buying and holding bitcoins as a strategic reserve was seriously raised.
3. The usual impact of the halving on market equilibrium.
4. Since February, there has been a decline in bitcoins in exchange wallets, from 2.72m to 2.39m. If this trend continues, theoretically after 4 years the wallets will empty. This means that long before then, there will be a significant rise in price. This is the so-called supply shock. How much longer can it be delayed? It is possible that this could go on for a few more days only. Possibly months, but hardly more than 6, when bitcoins will drop to around 2M.




Obstacles:
1. Recurring sales of large amounts of bitcoins by the US government and others (my country Bulgaria also has about 200K bitcoins, for which sales nothing is known about.)
2. The usual influx of indians with leveraged long positions who squeeze out every daily percentage rise and so stopping the price growth.
3. Other factors like FUD, wars, market crash etc.

It should be noted that obstacles only delay the bull market in time, making it to be more ominous. As for the peak of the bull market, it has always been determined by a single factor - when the Coinbase server will crash. And I'm not joking! Yes, it's not in any financial textbook or TA, but it is a fact that every local peak in the last 7 years has been marked by a crash of Coinbase, followed by an immediate crash in price. This is ridiculous and unfortunate because it is the very truth. The unwillingness of Coinbase to invest a few thousand bucks and replace their obsolete servers is leading to billions in losses all over the world. That's why no one can make a reasoned prediction about the peak of the bull market, only lucky guesses.

When planning sales, one should consider the lowest possible values - there to sell for immediate needs, and the highest - for extras. My lowest in case of a premature crash is 200K and highest is 400K. There may also be a supercycle with a double top with these values. That's my estimation of the Coinbase servers stamina only, otherwise I have no doubts that price over 400K is achievalbe in this (super) cycle.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
PAVEL DUROV is free.
Bail set at 5 millions € and cannot leave french territory till the trial.
He should hop on his private jet and gtfo while the gettin's good.

The best thing is for him to return to his homeland, where he would have protection from all possible prosecutions for any criminal offenses - because there pedophiles, rapists and criminals of all levels receive forgiveness if they survive 6 months at the front. Besides, what's 5 million euros to someone who has $15 billion - those French are really funny if they think it can keep him in the country just because he paid their bail.
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2576
Merit: 2310
$120000 in 2024 Confirmed

lets go bitcoin make jjg’s mockery win over my fuckery.😀

I am not going to complain about UP.. yet sometimes we just seem to be in a kind of "stuck zone," and whether weak hands are being shaken or not, the length of consolidation time can sometimes be a bit aggravating, even though we are still not even in that bad of a place, especially if we consider where we were 1 year ago or even where we were 2 years ago.. so surely relative to the last couple of years, I feel that we are not in any kind of bad place, even though witnessing some more UP might not be a bad thing, I am just not as smug about our passing through noman's land/don't wake me up zone without any hitches, when largely we have been in such zone since about the end of February so that has been 6 months of such, which also is not unusual to have 6 months or more of consolidation, yet I had expected that we weren't in a consolidation zone, even though I would not have had been surprised to consolidate in the $40ks, so in some sense we are even in a better consolidation location than would have been my late 2023 to early 2024 expectations... I mean prior to passing through more than half of noman's land and making ATHs prior to the halvening.
I must say am quite surprised with the recent dip that investors would be selling while knowing that rate would be cut starting next month.
Yes September has always been know to be bad for Bitcoin but I thought it was thinking this one would be different
Except this dip is just market manipulations to get at cheaper price (more biased towards this).



As we are very close to a bull market.

We have been in the bull market since 2023
2013 and still ongoing.

FTFY
full member
Activity: 364
Merit: 199
I walk with the Light

lets go bitcoin make jjg’s mockery win over my fuckery.😀

I am not going to complain about UP.. yet sometimes we just seem to be in a kind of "stuck zone," and whether weak hands are being shaken or not, the length of consolidation time can sometimes be a bit aggravating, even though we are still not even in that bad of a place, especially if we consider where we were 1 year ago or even where we were 2 years ago.. so surely relative to the last couple of years, I feel that we are not in any kind of bad place, even though witnessing some more UP might not be a bad thing, I am just not as smug about our passing through noman's land/don't wake me up zone without any hitches, when largely we have been in such zone since about the end of February so that has been 6 months of such, which also is not unusual to have 6 months or more of consolidation, yet I had expected that we weren't in a consolidation zone, even though I would not have had been surprised to consolidate in the $40ks, so in some sense we are even in a better consolidation location than would have been my late 2023 to early 2024 expectations... I mean prior to passing through more than half of noman's land and making ATHs prior to the halvening.
I must say am quite surprised with the recent dip that investors would be selling while knowing that rate would be cut starting next month.
Yes September has always been know to be bad for Bitcoin but I thought it was thinking this one would be different
Except this dip is just market manipulations to get at cheaper price (more biased towards this).



As we are very close to a bull market.

We have been in the bull market since 2023 and still ongoing.
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
sr. member
Activity: 535
Merit: 260
We will go up in about 6 hours, when Nvidia posts +- 10% up on target earnings.

Probably back to 64K I guess.

So stupid.

 Roll Eyes

Although we are currently in the midst of volatility in the Bitcoin market, it will definitely increase the price of Bitcoin though we need patience. The more patience and investment we have, the more future holdings and bitcoins we can get to the highest possible price. As we are very close to a bull market.
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 3836
Merit: 10832
Self-Custody is a right. Say no to"Non-custodial"
[edited out]
got you going tonight 😀.

I am somewhat glad that you are enjoying yourself in the process.

it is interesting when comparing total value of gold gain since 2009 as compared to total value of btc gained.

Sure it is interesting, yet potentially not for the reasons that you believe it is interesting.

do i really think it mean gold is better no .

You are pretty close to believing such a thing with your nonsense change in nominal value hang-up.

but 9 trillion gain does kick the ass of 1.2 trillion bigly.

If bitcoin and gold were starting from the same place, then that point would be relevant.

How can the basic idea of starting capital be staring you in the face and you still want to focus on a mostly irrelevant point.  It's almost like you are being disingenuous with your claim, yet part of the sadness is that you seem to seriously believe that you are making some kind of a relevant and/or materially meaningful point.

Yes, I will concede that percentage is not the ONLY framework, and I will concede that you are stating a technical truth, but the mere fact that you are stating a technical truth does not make it either a smart point or even a point that rescues you from retarded-ville. 

And, making the matter worse, you continue to argue the point.

it is always better when dealing with your own mortality if you can if the probable number.

When my three relatives got that cancer they died in 5-9 years.

So at 67 I was stressed thinking fuck I could be down to only 5 years. which is not too long a period of time.

back to beating the family record of 93. which at 26 years is easy to deal with.

Easier said than done.

You likely already realize that things are breaking down..

Sure, you can figure out some good habits and perhaps even figure out some ways to reverse your aging (or whatever damage that you already have), but 26 more years... .. that is no walk in the park at your age.. and then I am thinking such a thing will be a challenge for me  too, though I don't want to have negative thoughts, but I have already contemplated my mortality a few times, and surely I am trying to have good habits, but there is ONLY so much that any of us can do... diet, rest and exercise.. and perhaps not unwittingly causing damage to yourself... and there are always various environmental exposure matters too, such as plastics.. and some things we might not always realize to be negatively impacting us.

Still holding most of my btc

That is not saying much.

Not that I want you to give up Opsec, but from my point of view, most is more than 50%, and so maybe it will work out...

the new car is pretty nice.

I sometimes consider various things that I can buy, but then I think of the hassle of various parts of the ownership.. but then it sometimes can be tempting.

The other day, I was movig some boxes around, and some other furniture, and things in storage, and some of the stuff was mine, some was my parents and some was dead relatives, and I was thinking, why do I have all of this stuff that I am not using, and other people seem to have had abandoned it.. and yeah, someone has to sort through it, and once in a while I will go through a box and decide to throw some stuff out or to put some of it to use or to give it away.. but still, there can be difficulties.

I have another situation where I had worked with someone else and build what is equal to a 6 car garage, but ONLY half of it can be used for garage type space and the other half is kind of like a shop, but then when I was working with the other person to build it, I had not realized that there was like another 30 feet that could have had been built in the same location, so then I have regrets about having had built it in that way... which could have had made it easier to buy a few more toys.. for the garage side.. so instead there could have been space for another 3-4 cars and maybe some other stuff... .. so yeah, there can be hassles when adding more things, sometimes.  I do have a pretty new car, very luxurious too... . .and sometimes when I go on a trip, I don't want to rent the same level car as my own car, since sometimes it could cost like $4k a month just to rent the same level car as my own, and I did that with some cars having some of the same features, but still costing $2k per month to rent and still end up with a way inferior car to the main one that I own.

lets go bitcoin make jjg’s mockery win over my fuckery.😀

I am not going to complain about UP.. yet sometimes we just seem to be in a kind of "stuck zone," and whether weak hands are being shaken or not, the length of consolidation time can sometimes be a bit aggravating, even though we are still not even in that bad of a place, especially if we consider where we were 1 year ago or even where we were 2 years ago.. so surely relative to the last couple of years, I feel that we are not in any kind of bad place, even though witnessing some more UP might not be a bad thing, I am just not as smug about our passing through noman's land/don't wake me up zone without any hitches, when largely we have been in such zone since about the end of February so that has been 6 months of such, which also is not unusual to have 6 months or more of consolidation, yet I had expected that we weren't in a consolidation zone, even though I would not have had been surprised to consolidate in the $40ks, so in some sense we are even in a better consolidation location than would have been my late 2023 to early 2024 expectations... I mean prior to passing through more than half of noman's land and making ATHs prior to the halvening.
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