Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 674. (Read 26468822 times)
March 07, 2024, 06:03:21 AM
March 07, 2024, 05:26:07 AM
ChartBuddy's 24 hour Wall Observation recap
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All Credit to ChartBuddy
cute bird you have as your avatar there!
OT:
bears seem to have a hard time atm
Thanks!
Mango says here I am in the kitchen!
.
.
Some monster over clipped his wings, and so he can't fly.
We adopted him as a rescue bird. He does have full run of the house though, no cages for this guy. 
Well we do have one, but the door is always open, and he has a little nest on top that he usually hangs out in.
.
.All Credit to ChartBuddy
.cute bird you have as your avatar there!
OT:
bears seem to have a hard time atm
Mango says here I am in the kitchen!
.
.Some monster over clipped his wings, and so he can't fly.
We adopted him as a rescue bird. He does have full run of the house though, no cages for this guy. Well we do have one, but the door is always open, and he has a little nest on top that he usually hangs out in.cute little guy!
sad to hear about his wings. But I'm sure he is happy with all the freedom and love you give him .. very nice
March 07, 2024, 05:08:24 AM
Breaking: Another new Satoshi Nakamoto just revealed himself:
https://bitcointalksearch.org/topic/m.63770590
https://bitcointalksearch.org/topic/m.63770590
* OutOfMemory puts loads of Popcorn on the shopping list
March 07, 2024, 05:01:18 AM
March 07, 2024, 04:01:14 AM
March 07, 2024, 03:56:07 AM
https://www.bbc.com/news/technology-68434579
That's an interesting graph... and to be honest a nice read too.. after long time some facts and actual stuff that talks about bitcoin.
Bitcoins lost forever 2.4m (11%), according to report an estimate suggest between three million to as many as six million may be have been lost forever.
A loose estimate that's often agreed upon is 3.5 million.
In the same article while discussing Cryptocurrency exchanges its mentioned that exchanges act like banks and there's a warning too, leaving your coins on an exchange can go wrong though.
Most interesting is "Unknown whales", A Bitcoin whale is someone who holds more than 10,000 bitcoins in their digital wallet.
A loose estimate is that large whales account for about 8% of all bitcoins.
8% that's far less what I used to think... and I remember how it was used to be reported that how whales control the price... this has been proved wrong.
Last coins "Yet to be mined", There are
People, 50% of all bitcoins are held by the general public about 10.5m bitcoins. River estimated that Bitcoin had 81.7 million users as of June 2023, or 1% of the global population.
Lastly there's a very important point, that this latest surge in the value of Bitcoin is not coming because individual retail investors , Analysts say whales like the big banks are pushing up price and demand. Yes that's true you can only imagine what happens when retail investors turns to bitcoin? Remember still on 1% of global population is holding bitcoin what if that percentage turns 10%?
I think we are witnessing banks / whales pushing out some of the little guys, which is a shame.
The ETFs are gaining, regardless of what Grayscale is doing and miners don't have enough for that surplus.
Don't let your Bitcoin go (certainly not just yet, even when you sell try to remain a whole coiner if you are!)...
21 million and with the millions lost, tell us there are not enough whole lifeboats.
You wanna be this guy (preferably in better shape), don't let your bank's CEO continue to be it.
(I'm convinced I saw the leopard bikini girl who is standing in a strip club years ago)
March 07, 2024, 03:48:54 AM
I was planning to install Solar system in my home for last 2 years because electricity prices are too high and there is lots of load shedding specially in summers. Temperature goes high to 40 - 45 Celsius here (Pakistan). This bull run is a blessing for me as I have acquired necessary funds to finance a solar system that can run 2 Inverter Split AC. I feel so happy while placing the order today.
Big thanks to BTC and an example of how Bitcoin is helping people in improving there living standards.
Hopefully it is ONLY a small part of your BTC stash since it does not seem to be a great time to be selling BTC... to each their own.Big thanks to BTC and an example of how Bitcoin is helping people in improving there living standards.
Don't worry I still have bitcons that I well sell only once Bitcoin strikes 100k.
Moreover, our journey with Bitcoin is never ending. We won't stop accumulating bitcoins no matter what circumstances are.
According to your forum registration date, you are ONLY barely 4 years into bitcoin, so yeah, maybe I can give you a break on the solar panel system, but still I can hardly consider that you would necessarily be in a position to be selling very many BTC, especially since you are claiming that you are still in accumulation mode.. so why sell with one hand and buy with the other.. since you are the one who says that you are supposedly still accumulating.
Don't get me wrong, I am not trying to yuck your yum, but selling BTC does not seem to be a mode to accumulate more BTC... #justsaying
Certainly not.
When reading WatChe's explanation i remembered when i was offering my brother in law 0.2 BTC for roofing (i wanted to help his poor heroin-addicted ass), i think the price was pretty low, not much after the mindrust-event, when he replied "BTC will never go over $10k again" and refused, while he happily took the equivalent amount in fiat money. Well, months later, at a very similar stage of last cycle, i still had the 0.2 BTC, sold them with another 0.4 BTC which i had invested in the early bull phase ($9k to $25k-ish it was from in to out, rougly), which were destined to help financing the house extension, because Covid drove up the material prices (only by about 2x so far, lucky me).
However, i was aware that selling this early wasn't the way to accumulate more BTC, but it was helping to raise the value of our home (in case we have to sell our home some day, to leave the EU) and increased the overall quality of life at home.
I wouldn't do anything different if i had a second chance, though.
(EDIT: I mixed up the numbers a lil bit, beacuse i remember i got out more than 0.6x$25k, when revisiting the chart i must have sold at $38-$42k/BTC in 2021)
But, yeah, JJG, it is what it is: A tradeoff (in various ways i won't cover explicitly).
In the case of WatChe, i can just congratulate him that he doesn't put the fiat from his sale into more or less useless, needless things and/or services, while keeping the BTC would have been a little better (in future hindsight, practically), but don't forget: YOLO.
@WatChe: Take care for proper cooling (airflow! for better performance) and spacing (for repair issues) around the panels. And electric security. A burning roof is not a good roof
We're speaking several hundreds of Volts with a good Amperage. Thanks!
Mango says here I am in the kitchen!
..
Some monster over clipped his wings, and so he can't fly. We adopted him as a rescue bird. He does have full run of the house though, no cages for this guy. Well we do have one, but the door is always open, and he has a little nest on top that he usually hangs out in.
Mango says here I am in the kitchen!
.
.Some monster over clipped his wings, and so he can't fly.
We adopted him as a rescue bird. He does have full run of the house though, no cages for this guy. Well we do have one, but the door is always open, and he has a little nest on top that he usually hangs out in.Sweeeeeeet
March 07, 2024, 03:15:14 AM
ChartBuddy's 24 hour Wall Observation recap
..
All Credit to ChartBuddy
cute bird you have as your avatar there!
OT:
bears seem to have a hard time atm
Thanks!
Mango says here I am in the kitchen!
..
Some monster over clipped his wings, and so he can't fly. We adopted him as a rescue bird. He does have full run of the house though, no cages for this guy. Well we do have one, but the door is always open, and he has a little nest on top that he usually hangs out in.
.
.All Credit to ChartBuddy
cute bird you have as your avatar there!
OT:
bears seem to have a hard time atm
Mango says here I am in the kitchen!
.
.Some monster over clipped his wings, and so he can't fly.
We adopted him as a rescue bird. He does have full run of the house though, no cages for this guy. Well we do have one, but the door is always open, and he has a little nest on top that he usually hangs out in. March 07, 2024, 03:01:14 AM
March 07, 2024, 02:57:54 AM
That moment when you need Bitcoin to promote you product
https://twitter.com/elonmusk/status/1765074104686936143
Jeeesus. A simple "yes" or "no" would have sufficed. If AI is to be the death of us, I predict it will be death by words.https://twitter.com/elonmusk/status/1765074104686936143
disclaimer:
I know what you meant of course... but from all I see you could well be an AI
"Could well be." Interesting choice of words; I must say.
Ya, funny how a few days ago this price would have had people screaming that this is a monster rally. Now suddenly it’s all over and everyone should sell. While I don’t doubt there will be a correction here, I think it will be short lived. There is just too much money flooding in and the halving will be here in no time.
Correct postExcept………… nobody but absolutely nobody says anyone should be selling 😅
Big thanks to BTC and an example of how Bitcoin is helping people in improving there living standards.
Don't worry I still have bitcons that I well sell only once Bitcoin strikes 100k.
Moreover, our journey with Bitcoin is never ending. We won't stop accumulating bitcoins no matter what circumstances are.
According to your forum registration date, you are ONLY barely 4 years into bitcoin, so yeah, maybe I can give you a break on the solar panel system, but still I can hardly consider that you would necessarily be in a position to be selling very many BTC, especially since you are claiming that you are still in accumulation mode.. so why sell with one hand and buy with the other.. since you are the one who says that you are supposedly still accumulating.
Don't get me wrong, I am not trying to yuck your yum, but selling BTC does not seem to be a mode to accumulate more BTC... #justsaying
March 07, 2024, 02:01:18 AM
March 07, 2024, 02:00:45 AM
Ya, funny how a few days ago this price would have had people screaming that this is a monster rally. Now suddenly it’s all over and everyone should sell. While I don’t doubt there will be a correction here, I think it will be short lived. There is just too much money flooding in and the halving will be here in no time.
Correct postExcept………… nobody but absolutely nobody says anyone should be selling 😅
Big thanks to BTC and an example of how Bitcoin is helping people in improving there living standards.
Hopefully it is ONLY a small part of your BTC stash since it does not seem to be a great time to be selling BTC... to each their own.
JJG I know it's still too low to sell bitcoin but trust me I badly needed financial assistance for my solar system installation. Reason I have already mentioned. This summer me and my family will chill thanks to BTC
Don't worry I still have bitcons that I well sell only once Bitcoin strikes 100k.
Moreover, our journey with Bitcoin is never ending. We won't stop accumulating bitcoins no matter what circumstances are.
March 07, 2024, 01:23:06 AM
The Spot Bitcoin BTC ETF inflow yesterday was.
+$332,400,000
+$332,400,000
March 07, 2024, 01:21:13 AM
https://www.bbc.com/news/technology-68434579
That's an interesting graph... and to be honest a nice read too.. after long time some facts and actual stuff that talks about bitcoin.
Bitcoins lost forever 2.4m (11%), according to report an estimate suggest between three million to as many as six million may be have been lost forever.
A loose estimate that's often agreed upon is 3.5 million.
In the same article while discussing Cryptocurrency exchanges its mentioned that exchanges act like banks and there's a warning too, leaving your coins on an exchange can go wrong though.
Most interesting is "Unknown whales", A Bitcoin whale is someone who holds more than 10,000 bitcoins in their digital wallet.
A loose estimate is that large whales account for about 8% of all bitcoins.
8% that's far less what I used to think... and I remember how it was used to be reported that how whales control the price... this has been proved wrong.
Last coins "Yet to be mined", There are
People, 50% of all bitcoins are held by the general public about 10.5m bitcoins. River estimated that Bitcoin had 81.7 million users as of June 2023, or 1% of the global population.
Lastly there's a very important point, that this latest surge in the value of Bitcoin is not coming because individual retail investors , Analysts say whales like the big banks are pushing up price and demand. Yes that's true you can only imagine what happens when retail investors turns to bitcoin? Remember still on 1% of global population is holding bitcoin what if that percentage turns 10%?
March 07, 2024, 01:01:15 AM
March 07, 2024, 12:01:17 AM
March 06, 2024, 11:21:23 PM
Sell=Losses.
Buy BTC and hold, We should forget about it for the next few years, if we want profits from now on.
All my corn was added in the 16-35k range.
so all my corn 🌽 sells for profit.
March 06, 2024, 11:18:45 PM
Sell=Losses.
Buy BTC and hold, We should forget about it for the next few years, if we want profits from now on.
March 06, 2024, 11:04:09 PM
Who in their right wrong mind is selling when ETFs are still NET buying?!!
Great perspective on recent BTC buying & selling.
March 06, 2024, 11:03:26 PM
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