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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 703. (Read 26469145 times)

hero member
Activity: 616
Merit: 713
casinosblockchain.io
Bitcoin could break ATH upcoming week. Smiley

I also have this believe but if you look the market currently you would know that the selling pressure is actually holding back the market from breaking out $64k to $65k above, the buying pressure is low meaning some early investor are taking profits.
lol  Smiley

 Which "early" investors who already hodled through 69k are selling below that number now?  There's simply no way that happens on this earth.  Do you mean "early" as in 'early this year"?


A nov 2022 that got in at 16k can make a solid profit . buy a coin at 16k

sell .5 coin at 62k.

you turned 16 k into 32 k and still have 0.5 btc

But one thing again how do we know if someone at this point still hold till now?
Like some Newbie investors can't exercise patient to hold till this $64k except for the HODler's who know the real game in bitcoin holdings.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Bitcoin could break ATH upcoming week. Smiley

I also have this believe but if you look the market currently you would know that the selling pressure is actually holding back the market from breaking out $64k to $65k above, the buying pressure is low meaning some early investor are taking profits.
lol  Smiley

 Which "early" investors who already hodled through 69k are selling below that number now?  There's simply no way that happens on this earth.  Do you mean "early" as in 'early this year"?


A nov 2022 that got in at 16k can make a solid profit . buy a coin at 16k

sell .5 coin at 62k.

you turned 16 k into 31k and still have 0.5 btc
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
hero member
Activity: 616
Merit: 713
casinosblockchain.io
Bitcoin could break ATH upcoming week. Smiley

I also have this believe but if you look the market currently you would know that the selling pressure is actually holding back the market from breaking out $64k to $65k above, the buying pressure is low meaning some early investor are taking profits.
lol  Smiley
Do you mean "early" as in 'early this year"?
Yes exactly this is what I meant mate!
sr. member
Activity: 854
Merit: 327
Which "early" investors who already hodled through 69k are selling below that number now?  There's simply no way that happens on this earth.  Do you mean "early" as in 'early this year"?
Not sure that is the early he meant, because early this year is not even early enough.

Aim for 87

Just a 7 in that number
To make it magic
I love Magic.
legendary
Activity: 3808
Merit: 7912
Bitcoin could break ATH upcoming week. Smiley

I also have this believe but if you look the market currently you would know that the selling pressure is actually holding back the market from breaking out $64k to $65k above, the buying pressure is low meaning some early investor are taking profits.
lol  Smiley

 Which "early" investors who already hodled through 69k are selling below that number now?  There's simply no way that happens on this earth.  Do you mean "early" as in 'early this year"?
hero member
Activity: 616
Merit: 713
casinosblockchain.io
Bitcoin could break ATH upcoming week. Smiley

I also have this believe but if you look the market currently you would know that the selling pressure is actually holding back the market from breaking out $64k to $65k above, the buying pressure is low meaning some early investor are taking profits.
lol  Smiley
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
A nice documentary for any traders here who still think derivative trading back and forth > hodling:
https://www.youtube.com/watch?v=A5w-dEgIU1M
AND this is why when CBOE announced they would tame bitcoin it was not an idle threat.

Fortunately all they managed to do was cool it.

Which btw, this is what is wrong with S2f model as I mentioned back then, it does not take derivatives into account.

*far be it from me to say I told you so.

Protip: You are premature in proclaiming the stock to flow model as dead. #justsaying

Not broken just incorrect.

I pointed out originally that this variable was not part of his equation initially and IIRC you agreed with me then.
legendary
Activity: 2646
Merit: 12981
BTC + Crossfit, living life.
Bitcoin could break ATH upcoming week. Smiley

Or not. I really would love to see something new in btc.

say 84k pre half.

Aim for 87

Just a 7 in that number
To make it magic
legendary
Activity: 2646
Merit: 12981
BTC + Crossfit, living life.
Bitcoin could break ATH upcoming week. Smiley

Believe so as well
member
Activity: 103
Merit: 148
Quite interesting to think about below comment. Coinbase going down + massive GBTC sells end of last week. And that only managed to keep the price at bay.



”Did Coinbase do someone a favor?

Was someone's short getting blown out as BTC rocketed from $57K -> $64K in a matter of hours?
Who knows.

But what we do know is that it took $1.1 Billion worth of GBTC selling to keep the price flat on Thursday and Friday.”

SOURCE: https://x.com/stackhodler/status/1764230327294103911?s=46
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Bitcoin could break ATH upcoming week. Smiley

Or not. I really would love to see something new in btc.

say 84k pre half.
legendary
Activity: 2492
Merit: 4576
Addicted to HoDLing!
legendary
Activity: 3512
Merit: 4557
Bitcoin could break ATH upcoming week. Smiley
legendary
Activity: 2492
Merit: 4576
Addicted to HoDLing!
About who are next to adopt Bitcoin:

Michael Saylor’s Talk at Bitcoin Atlantis 2024 in Madeira
https://www.youtube.com/watch?v=_dtCYRDL4yc

Michael Saylor can talk about Bitcoin the whole day and one can keep listening to him. This guy steals your attention while he speaks.

"One day I believe Apple, Microsoft and Google they will all integrate Bitcoin and Layer 2 protocols like lightning into there phones, into there computers, into there web services, into there cloud services ... "

...their phones
   ...their computers
      ...their web services
         ...their cloud services
There. Fixed it.

jbreher would be proud.   (...and the necessary OCD FTFY on your quoted post above.)
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 1834
Merit: 1477
Self made HODLER ✓
Accounting Standards Update 2023-08 might be an important contribution to the special status of this bull cycle. It has been mentioned before, but the consequences haven't struck me until now.

With the old rules, if you had bitcoin on your balance and you bought low, you'd still look (balance wise) as poor as when you bought it. With the new rules, you appear to be as rich (balance wise) as the bitcoin price allows.

I hope this won't be a precursor of taxing the 'unrealized capital gains'.

I don't know the tax code too well, but I doubt they would (or could) do that to companies.

I don't know about other countries but... As an example, in Spain there are some investments like funds (not sure about Bitcoin specifically as I don't have any company owning Bitcoin) that companies do need to update at end of year to its "market value" and adjust profit/loses according to it no matter if the company didn't sell. Individuals are NOT required to do this unless they sell though.

So I wouldn't be that much surprised if that is already the same case of other countries nor about them adopting it in the future (because states always tend to adopt the more favorable/profitable tax rules... for them).
legendary
Activity: 3808
Merit: 7912
About who are next to adopt Bitcoin:

Michael Saylor’s Talk at Bitcoin Atlantis 2024 in Madeira
https://www.youtube.com/watch?v=_dtCYRDL4yc

Michael Saylor can talk about Bitcoin the whole day and one can keep listening to him. This guy steals your attention while he speaks.

"One day I believe Apple, Microsoft and Google they will all integrate Bitcoin and Layer 2 protocols like lightning into there phones, into there computers, into there web services, into there cloud services ... "

..their phones
   ... their computers
       ...their web services
          ...their cloud services
There. Fixed it.
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