Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 98. (Read 26710946 times)

100k EUR reached.

If anyone cares.

Dang, missed that. Thought we gonna proceed with 1k steps. 107k seems to coming soon.

Nice.

I think I will have a drink myself.

Shaved off a new piece as my next sell ladder has been reached.

I'm to dam intoxicated   Doh

Correct
New prices
And new image

Who's feeling this rn?

https://www.youtube.com/watch?v=7cE4MPb7lPg

110,000 is next iirc

Explanation
Chartbuddy thanks talkimg.com

$101000 is next chopper I believe

105k chopper sleeping

Nice numbers.

But when 111,111.11

They aged (edged?) well.

ATH!

Bitcoin breaking back out into price discovery…

I got you covered bro:

Satoshi's dream thrives,  
New highs break the dawn in glow,  
Bitcoin stars align.  


 New high $103850   and it goes on  .....

New ATH on Bitstamp
We actually passed 103600 but I missed the screenshot.

Explanation
Chartbuddy thanks talkimg.com

It's like saying:  "we humans think like this."  A real human wouldn't say that.

 


I think that we can get to certain levels of profits that it does not matter when sales are done, even though sure there may well be inclinations to shave off as the BTC price is going up rather than going down.. so thresholds might really matter as much once crossing above them to a high enough amount.

So like I like to point out that if my cost basis is averaging around $1k per coin, then why would it matter very much if I sell some at 103x profits, 130x profits or even if I were to sell some at 60x profits?.. sure there might be a bit of a preference to sell at the higher amounts and to sell when the BTC price (and the profit level) is going up rather than down, but it might not make a whole hell of a lot of difference, especially if the amounts are relatively small.. even if they were 1% of the stash..

If we go back to the example of a person who might have a goal of having 21 BTC (this example I used in another thread), yet the guy has 35 BTC, so even if he ends up selling 1% of his stash at a bad time.. which would be 0.35 BTC, he might not really consider that selling to be that much of a BIG deal since he has a BTC stack size that is right around 66% higher than his target stack size.


It could be in the cards, yet it is really difficult to know, and we cannot consider matters to be guaranteed, even though ongoing UPpity for 2025 seems to have decently good odds.  

At some point I have to fix my Up prediction table to maybe even figure out my own currently assigned numbers that are sort of floating in my head.


Right around 99% of the world's population continuing to fail/refuse to either buy any bitcoin or enough bitcoin.


preach on.  


Normies get screwed on the way up and on the way down, and even if any of us try to help them, they still cannot help but to end up screwing themselves, since they do not know how to keep accumulating or at least to just hold.

I mentioned previously someone I helped to get into bitcoin in mid-2021-ish.. so such person started accumulating $50 per week, even though I recommended at least $100 per week, but such person ended up selling around $25k which might have had been around break even prices, and then also such person ended up buying back in.. presumptively higher and then also ended up getting socially engineered out of the remainder...so it can be difficult, even if we might spend quite a bit of time with people, and this person is not dumb. works in a professional field has college education and even post bachelor's degree professional licenses.. but still.. problems with money management.. and problems with sticking with a fairly modest plan in relation to the person's income and other financial resources.


It does not seem to hurt holders as much as it hurts those who have not yet bought.


I never thought about that way of attempting to communicate with cats.  I gotta try it next time that i come upon a cat communication situation.

"We" learn the most important kinds of life hacks in these here parts.


I know that you just love selling your BTC, OROBTC.. hahahahahahaha

At the same time, you are likely correct that a lot of normies are selling too many of their BTC too soon at or around $100k, and implicit in their selling of their BTC in that price arena, just like you seem to have some subconscious inclination that $100k is a high price, so all of you dumb money folks are likely going to get fucked by being so naive in regards to both what you are investing into and/or your failures/refusals to appreciate that bitcoin is likely going up from here (including that bitcoin is likely 1,000x or more undervalued..even though it could take a couple of decades or more to reach 1,000x more from here. which is $100 million per coin)..

The price is likely hanging around $100k for longer in order to get more of the not so smart money to be selling at around these price ranges.

Sure there are some guys with 100x or more in profits, so it might not really matter very much to them if they sell at $100k or if they sell at $80k or $120k, yet there are probably quite a few folks who are also scalping off small levels of profits (whether 2x, 3x or some other smaller amounts) and they may well not be looking too smart if they hardly even accumulated any BTC and they are never going to be able to accumulate enough Bitcoin to be able to get back the amount of BTC that they had prior to their around $100k sales of whatever BTC that they had..yeah and some of them are selling with an expectation to buy back cheaper, and even if they don't sell their whole stash, they may consider that selling 25% to be safe, when they really should not be selling any since their BTC stash is not very BIG in the first place..

I know that his historically you have been selling way more bitcoin than what I would have had presumed to be prudent, yet we are all free to chose which assets to sell, when to sell and how much to sell, including I already understand that you may well ONLY be selling 10% or less of your BTC stash.. or maybe you are ONLY selling around 1% so it is kind of a BIG so what as far as you are concerned, since perhaps you have some kind of reasonable systems that work for you, including that you have a fairly mature portfolio, as compared to folks who are still building their wealth... so there can be considerable differences in terms of how folks are going to end up being greatly impacted by their selling too much of their bitcoin too soon, merely because they are looking at some short-term fiat gainz  (locking in the gainz).

We likely should consider that more than 99% of the world's population are low coiners or no coiners, so generally speaking an overwhelming majority of the world's normies should be buying coin rather than selling, even if there are perceptions that they BTC price is high, but yeah, they may well end up just having to buy back at higher prices if they ended up selling or they are going to have to buy at higher prices because they see their dumb money friends selling and bragging about their short-term dollar profits... especially once they realize that they don't even have close to as much coin as they should have (or they wished they would have), which will likely ONLY become apparent when we are at higher prices, perhaps $150k, perhaps $180k, perhaps $240k or some other variant, some folks will realize that the sold way too many coins at $100k, just because they were dumb and failed/refused to sufficiently figure out the value proposition of the asset that they had held.

Explanation
Chartbuddy thanks talkimg.com