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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 735. (Read 26469474 times)

legendary
Activity: 1792
Merit: 4141
the evening wall report


we are in the froth
taco tuesday on deck...i imagine it will be active
buckle up and steady on

dyor

4h


D

stronghands

-------------


lesser known facts about Marcus Aurelius

Marcus Aurelius never aspired to be emperor, he was a scholar and philosopher at heart
there is quite a bit of debate as to whether Marcus Aurelius was addicted to opium   
he often used a drug called theriac(which contained opium)to manage chronic pain, and some passages in 'Meditations' might hint at the effects of drug use
despite his stoic philosophy, Marcus Aurelius was known to cry openly when discussing the suffering caused by a plague(see below)     
he wept at the death of his mentor Junius Rusticus who introduced Marcus to the writings of Epictetus   this shows a compassion far beyond the stereotype of stoic detachment
his reign was troubled by the Antonine Plague, a devastating pandemic that killed millions in the Roman Empire and was a time of great stress and personal loss for him
his most trusted general, Avidius Cassius, attempted a coup against him     despite this treachery, Aurelius expressed sorrow rather than anger, and even wished to offer clemency before Cassius was assassinated


'Meditations' is indeed a collection of personal notes and reflections, it's a window into the mind of a philosopher grappling with ruling a vast empire while striving for inner peace and virtue

these are some of the key takeaways for me

the power of perception: Aurelius emphasizes how our thoughts shape our reality   we can't always control external events, but we can choose our responses and interpretations

focus on virtue: he urges himself to live by stoic principles: wisdom, courage, justice, and temperance   these virtues define true worth, not power or fame
   
transience and acceptance: Aurelius pondered on the fleeting nature of life and worldly possessions   he viewed death as a natural process and aimed to accept the inevitable with composure
   
duty and service: despite internal struggles, Marcus Aurelius recognizes his responsibility as emperor     he aimed to fulfill his duty with justice and kindness, serving the greater good
   
living in accordance with nature: a key stoic concept, Marcus Aurelius sought to align his thoughts and actions with the natural order of the universe     this involved reason, selflessness, and accepting what was outside of his control


i hope its understood that i dont say these things out of delusions of grandeur...rather, it come from a deep respect of his writings and these fundamental concepts

at its core i think bitcoin exemplifies much of this...where every individual can be their own emperor and master of their own fate
hero member
Activity: 994
Merit: 561
sr. member
Activity: 658
Merit: 429
Hope Jeremiah 17vs7

Come on BTCaby give that new ATH before halving Grin

ETFs are going to start having a real tough time acquiring the BTC they need. I can only imagine the scramble to find sellers that fund managers are going to engage in tomorrow.
Guess we call ETFs and CEX Sats scrapper now lol.

every time I check the price it's 1k higher.  But I have the feeling this is just the beginning ...

You are probably correct.

Soontm, $1k is going to become the new $100.

Just like $100 became the new $10.

And so forth and so forth.
With the high rate of inflation, no other investment has given any better comfort than bitcoin to us in Nigeria. Earlier investors are smiling big
1BTC = ₦87,174,623
Soon to them, ₦100000 will be the new ₦10000
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
ETFs are going to start having a real tough time acquiring the BTC they need. I can only imagine the scramble to find sellers that fund managers are going to engage in tomorrow.
legendary
Activity: 3836
Merit: 10832
Self-Custody is a right. Say no to"Non-custodial"
56 and 57 k topped yeah baby

Yep.. I had to go look at that again...

It was right around 26 minutes between $55k breaking and $57k breaking.. so yeah.. that escalated quickly.. and some of the possible ETF buyers will likely get irritated if they were not able to buy and then the price rise happens after hours.

Another thing, looking at the whole day, there was around 11 hours between $52k breaking and $57k breaking, so that is also a decent performance in a quick timeline of less than half a day....

and we can call it a "so far" since there is no real way to determine if Uppity is over or not..

I am not going to say whether I know if we have broken into no man's land too quickly - because surely there is a need to attempt to hedge wannabe sorcerer bets in either direction, even when we likely realize that getting within 20%-ish of the ATH in either direction has historically tended to have problems with lack of stickiness... is this time different? who is going to say.  Not this here cat..

I will say after it happens, and then it will be something like this:  "I told you* so."  "You should have prepared ur lil selfie a wee bit MOAR better."    Wink   Tongue   

*I am not referring to any "you" in particular.

every time I check the price it's 1k higher.  But I have the feeling this is just the beginning ...

You are probably correct.

Soontm, $1k is going to become the new $100.

Just like $100 became the new $10.

And so forth and so forth.

can't imagine how Adam Back ever appears dumb
He's a smart guy, no doubt.
https://twitter.com/adam3us/status/636410827969421312


Whoaza!!!!!  He is looking pretty dumb there. 

 Cheesy Cheesy Cheesy Cheesy Cheesy

....Good timing, but did you increase your stash?....

That's funny...weren't you already "telling" about your glorious 61/19 trade?

Imho, all sells are good sells when you either substantially increased your bitcoin stash as a result of a re-buy OR purchased an appreciating asset (typically, RE, but it could be the art too) OR sold because of a life need. If you sold btc just to increase your fiat stash per se, then I don't consider it as a good trade.
@JJG increased his/hers btc stash a little as a result plus got 25% more fiat-a good trade on the balance.

It is still hard to say though, because we all have various assets and various ways that we used our money and gosh are we going to do an accounting exactly.. I hate to suggest that my cushy situation might have come from a June 2023 fat thumb.. and that might have been a kind of incident to put things over the edge.  I am kind of happy that my stash will not match my December 2021/January 2022 level until the price reaches around $120k.... that seems to make a lot of strength.. kind of lucky strength..

I don't otherwise agree with you that there is a necessity to maintain or to increase your BTC stash with the passage of time.. especially if anyone may well be out of their accumulation stage, and within their maintenance stage they may well have a lot of discretion regarding if they want their wealth to grow or not or to keep up with inflation, or maybe even to start to gravitate towards BTC liquidation... so there really is nothing wrong with that, including that valuation of BTC is like 6x greater than what it was 4 years ago.. (using the meaningless 200-WMA metric).. so if someone had reached fuck you status and maybe transitioned into a maintenance stage of his life, he could potentially have 6x less BTC (meaning 1/6th the earlier stash) but still the same dollar value.. or if he wants to account for inflation (or the debasement of the dollar) he can do that too and maybe instead of having 1/6th his earlier stash he only has 1/4th his earlier stash.

Just because you seem to be considering yourself to be in accumulation and./or wealth building stages, you should not be judging others for the possibility that they might not be in the same stage of their bitcoin journey as you.

I get the sense that sirazimuth might not be in any kind of strict BTC accumulation stages and he also may be inclined to liquidate decent amounts of his stash from time to time, while his wealth is largely continuing to grow, even though his BTC stash may well be getting smaller with the passage of time and with the discretionary choices to shave off some cornz here and there along the way.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 1526
Merit: 2617
"...and then I shorted Bitcoin again!
I took no notice of the ETFs, the halving, FOMO, crazy dirty fiat inflation.
I believed the ECB and all the other nay sayers
I was so sure Bitcoin would go to zero, for years and years and years...
but the truth is of course; all those nay sayers were all buying whilst I wasn't...."



 
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
made by Copilot (chat gpt)

legendary
Activity: 3892
Merit: 4331
....
Good timing, but did you increase your stash?
....



That's funny...weren't you already "telling" about your glorious 61/19 trade?

Imho, all sells are good sells when you either substantially increased your bitcoin stash as a result of a re-buy OR purchased an appreciating asset (typically, RE, but it could be the art too) OR sold because of a life need. If you sold btc just to increase your fiat stash per se, then I don't consider it as a good trade.
@JJG increased his/hers btc stash a little as a result plus got 25% more fiat-a good trade on the balance.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

can't imagine how Adam Back ever appears dumb

He's a smart guy, no doubt.

https://twitter.com/adam3us/status/636410827969421312





every time I check the price it's 1k higher.  But I have the feeling this is just the beginning ...

We're nowhere close to FOMO yet.
legendary
Activity: 3512
Merit: 4557
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
bored when 58k? too slow to rise up
legendary
Activity: 1526
Merit: 2617
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

for a correct measurement we actually should account for inflation

Measure in Lambos.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
every time I check the price it's 1k higher.  But I have the feeling this is just the beginning ...

Looks like a good old fashioned short squeeze. Now to see what sort of cascading repercussions it has.

lets see if they push it past 61 k.   that would be around a 10k jump in 1 day.

it would also trigger my next sell point

It did do about 6k in 1/2 of a day even a bit less time than that.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
every time I check the price it's 1k higher.  But I have the feeling this is just the beginning ...

Looks like a good old fashioned short squeeze. Now to see what sort of cascading repercussions it has.
hero member
Activity: 938
Merit: 1891
bitcoin retard
every time I check the price it's 1k higher.  But I have the feeling this is just the beginning ...
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
 some good candles.  see below


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