Bitcoin Forum
May 08, 2024, 02:45:28 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 »
1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: Today at 12:19:40 AM
Custom Sec Search

Not sure seen this in WO, but we have talking about a bit about instutional investment, starting to see more 13F filings in the above search. Alot to do with Q1 holdings be also some prospectus for april too. There is also an interesting proxy one for Wisdomtree in there, maybe first time a proxy war started with btc central to the argument for removal of the board


Wisdom Tree one
2  Economy / Speculation / Re: LAST CHANCE TO BUY BITCOIN..... on: Today at 12:11:03 AM
Im gonna take OP's post as being uber bullish, and its nice to speculate we are going to break out of this range soon. Hopefully it happens to the upside but one thing i do know for sure when it does happen it will be the right time Smiley

3  Economy / Speculation / Re: Buy the DIP, and HODL! on: Today at 12:00:14 AM

No matter the size of your income, you can make provisions for, emergency funds, reserve and float. All you have to do is just assign a certain percentage to all of the funds you are to keep aside, you can say emergency funds will get 5% of your monthly income, 10% will go to  reserve funds, 20% investment and so on. If you can be able to put everything in percentage it will be a bit easier for you. Immediately your salary comes in you will know before hand how much you are putting in each funds account. You can't say your salary is too small and neglect to make provisions for any of the funds which you are expected to set aside, if you do it your investment will be tempared with on the long run. No matter the range of your salary, please always make provisions for emergency funds, reserve and float. It will save you lots of troubles in the future.


This is exactly how I do it, I have a % allocation of my disposable income that gets split up into the different places. The one thing to note, and most people don't do this but its a good practice to do is when your emergency fund is fully funded you should continue to add % based on the inflation rate in your country. This is ensure the buying power stays relative to your market. 3 months is good place to start as coverage for your emergency fund, and then you got options to go to 6,12,15,18 months etc. I personally capped it out at 18 months, but have been doing this a long time, 3-6months can usually deal with most things to be honest.

% based division of disposable income is nice too, because when you get a salary increase or even like "bonus" or "unexpected windfall" you can apply the same % divisions to spread it out into your different places.

Keep stacking Smiley
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 06, 2024, 02:08:22 PM
WTF, Is it believable for a low amount transaction of this fee.

4 may 2024, someone paid $100,608 fees for their $6 amount Bitcoin transfer.





Looks like they mixed up the fee and the output fields, ie meant to send the ~1.6 btc


5  Economy / Speculation / Re: I'm curious about your thoughts on when Bitcoin might hit $1,000,000 on: April 27, 2024, 10:43:02 AM
I don't think I have enough bitcoin to be so excited that bitcoin would reach a sudden price of 1 million dollars, I'll be so disappointed cause I have not accumulated enough bitcoin and my 25% allocation from my weekly income into DCA would be so small that it can't be adding much value to my stash as It woudl be doing now, the last thing I'm anticipating right now is such a great price move. So before you make topics like this, make sure you have enough bitcoin to be anticipating such price increase, if not your no difference from a spectator that would be watching bitcoin make history.

Why would you be disappointed though? I mean it already means success for Bitcoin it if hits $1 million. It's just to bad that you don't have any but still there are majority that have a lot or little and so it will be cause of celebration of it hits that price, similar to what we are going to see when the price hits at least $100k in this bull run. And it's not that too late to accumulate BTC mate. Just start small, you don't need to but 1 BTC right away. Again, you have mentioned DCA already and so that is a good strategy for us regular and average joe and working very hard to at least get .1 BTC in our lifetime.

Agreed when Btc hits a mil/1btc I don’t think I will be accumulating phase any more. It’s a few cycles out should be in maintenance mode selling small amounts to cover day to day stuff. Even if you started to dca today I still believe you would be in maintenance mode by the time 1mil hits


We are still early Wink
6  Economy / Speculation / Re: Simple prediction: 2024 bitcoin at 200.000 dollars on: April 27, 2024, 10:32:37 AM
My target price's for this cycle are

Very Conservative: 110k
Conservative: 138k
Bullish: 170k
Ultra Bullish: 250k


I have posted this elsewhere and then kind got told off a bit for not being bullish enough. I’d like to be wrong in ultra bullish sense, maybe the meteoric rise we might see might go past 250k. All I know is that I will jumping for joy even at my conservative ranges.  Grin
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 27, 2024, 03:39:25 AM
I lakh Bitcoin, I lakh it a lot.

 I lol'd


I lakh to party :-)
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2024, 01:34:28 PM

 You know, I've seen articles in English language newspapers where the term lakh was used to describe quantity and I had no f@#$ing idea that what was.  I thought it was a Ferengi term from Deep Space Nine but it turned out to mean 100,000 of something.  Never mind... that still doesn't work.  I've just stopped reading and listening to news altogether.  It's easier than trying to decipher it.


Weird. I've never seen that used. Some niche thing?

Used in India mainly for sizing things like dirty fiat salaries
9  Economy / Speculation / Re: Buy BTC sold for 16 BTC-1 mil USD on: April 25, 2024, 01:31:08 PM
The rich ppl are here, what bitcoin enthusiast wouldn’t want this in their art collection even if it’s piece #1. Not sure I would fork over 16 Btc but wouldn’t mind this hanging on my wall either. It’s iconic :-)
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2024, 01:22:37 PM
Observing $63,967.

It’s often said the longer the price stays in a tight range, the more explosive the breakout will be when it happens.
We could bounce around $60,000 - $70,000 for months but when all liquidity is taken in that range and day traders are unprepared we will pump hard.

Patient HODLING, $100,000 will happen when you least expect it.


Absolutely there with you man, the green arrow up is gonna be a nice change to all this sideways. I will temper that with we are 2x-ish the 200wma right now so that’s still cause for celebrating too :-)
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2024, 04:30:30 PM

If you were trying to create a haiku.. you didn't count correctly.

Maybe something like this would have had worked better:

First after the Halving
Holders holding the future
Casey missed the ride.


haiku hard to write = 5
but when you pop a good one = 7
you will feel happy = 5


not bad for a guy on
post op
steroids
antibiotics
oxycodone


along with diabetes meds.
One benefit  of surgery is I lost 5 pounds  I am at   196   but  180 is goal.

Mouth teeth upper lip all hurt and the surgery was on my nose.

The most surprising pain is my eyeballs feel squeezed due to the work on the sinuses behind them.  I have been Icing them with this


https://www.amazon.com/dp/B078TBSBRR?psc=1&ref=ppx_yo2ov_dt_b_product_details

works pretty good.




Im glad you’re on the other side. Over the years have had a couple of “going under” and this doesn’t get talked about but the sheer happiness and joy of making it thru is a great feeling. Heal well dude, feel happy the hard part is over.

Before ya know it will feel like BTC1,000,000
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 20, 2024, 12:32:53 AM
W00ting t00ting time

Looking forward to the next halving ;-)

13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2024, 06:59:54 PM

This cup and handle pattern bitcoin weekly chart is the most beautiful thing you will see today.




The left one is a bit bigger than the right one, lingerie shopping must be a tad difficult
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2024, 06:52:37 PM
Because of this idea from ibminer:
[INTEREST CHECK] The Halvening 2024 playing cards featuring Bitcointalk users

I was trying to figure out who posted more on the WO.
Post number is difficult, so I shifted to merits.

I came up with this table, I hope you might like it:

Pos UserCount of Merit TXSum of MeritsForumBPIPNinjastic
1. El duderino_6,04510,125
2. xhomerx103,2706,444
3. LFC_Bitcoin3,5336,315
4. JayJuanGee4,2736,012
5. BobLawblaw2,4914,061
6. Toxic20402,3204,007
7. Torque2,1763,965
8. AlcoHoDL2,3323,894
9. cAPSLOCK2,1153,655
10. JimboToronto2,0523,316
11. Paashaas1,7793,314
12. Hueristic1,8233,289
13. Last of the V8s2,2733,210
14. jojo691,8813,138
15. fillippone1,6872,947
16. OutOfMemory1,6702,864
17. Biodom1,6702,745
18. ivomm1,5812,697
19. d_eddie1,4592,696
20. BitcoinBunny1,3812,326
21. philipma19571,4432,248
22. bitebits9752,059
23. sirazimuth1,1481,987
24. HairyMaclairy1,4471,861
25. Gachapin1,0641,822
26. vapourminer1,2521,816
27. HI-TEC991,0351,808
28. shahzadafzal1,0431,779
29. bitcoinPsycho8011,764
30. nutildah1,0081,708
31. hisslyness6111,660
32. infofront9421,647
33. VB10011,1231,579
34. vroom7591,578
35. cygan6881,355
36. Phil_S7681,348
37. marcus_of_augustus8971,310
38. goldkingcoiner6571,295
39. Arriemoller7721,243
40. Richy_T6651,106
41. Elwar7531,097
42. serveria.com6791,091
43. strawbs5201,086
44. lightfoot6951,054
45. dragonvslinux6571,053
46. somac.6551,051
47. bitserve7681,050
48. JSRAW625871
49. 600watt657850
50. psycodad458825

This also unlocked a memory of when I used to post monthly statistics on the WO.
Who is able to dig in my posts and find the last of those posts of mine here on the WO? (merit shower)


Not your one but I always liked this on

https://bitcointalk.org/index.php?topic=5231446.msg62561774#msg62561774
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 09, 2024, 05:01:25 PM

You can back test it if you like. .. but you have to start with the right premises and valuating your stash based on the 200-WMA in terms of figuring out your budget, and right now 20 BTC is ONLY worth $663k according to the 200-WMa, and 5 years ago, you would have had needed 191 BTC to be at the equivalent 200WMA valuation, and so if you had spent 191 BTC at 10% per year, right now you would still have around 75.3 BTC, so you would have had kept your value by spending 10% per year, and if you had done the max 10% withdrawal for that whole time, you would have had withdrawn close to $2 million in value during that time... and your remaining stash BTC would be even more valuable (in terms of dollars) than they were when you started.

When I looked at the past data I came up taking 20-25% in a bull year for 4yr future period. So sort of in that 4-6%/yr range. The main reason I went this way is because of the variance in % withdrawal required when you do it annually(or monthly etc) You could end up withdrawing more, like closer to 8-9%/yr. I’m still playing around with my data tho. Stash size is a consideration for sure though ;-)
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 09, 2024, 04:50:55 PM
Interesting to see yesterdays pump with such low inflows to the ETFs (one of the lowest so far?) at the same time GBTC dumping hard.
Although, most of the pump happened in the EU hours.



Since GBTC converted to an ETF they have lost almost 50% of their AUM under management in less than 3 months. They started at 619k and are now at 318k

I'm liking those numbers and can't wait till it is at 100%. Another 3 months perhaps?

I’m speculating it will bottom out soon, there is more than likely a core set of investors and/or lth who will retain and not sell. I do think it’s getting close to the line maybe another month or so, and selling will dwindle to normal movement is t might turn out to be catalyst too for big uppity movements but that’s just a pie in the sky guess, I have nfi tbh.
17  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 07, 2024, 08:36:56 PM

Most things you are just saying Is off mate. FYI we don't have to wait For any drop in price before thinking of accumulating, this bitcoin we taking about, well I guess the reason you have such mentality is due to the fact that you have been In to shitcoins for so long which is bad ( and your post says it all). There's reason why DCA strategy is there for us to make use of. It gives us the chances to purchase bitcoin at any price interval. And I won't advice to use such strategy in shitcoins so that you won't endup getting self reckt so badly , because the risk in shitcoins are just so much , so please try to reduce such urge in investing in and focus mainly on your bitcoin accummulation to be in more safer side . I hope in that part that I bold when you mentioned coins , hope you talking about bitcoin so that you won't endup misleading newbies in investing in some shitty shitcoins.
You seem too committed to the DCA method that you tend to have forgotten that there is another method of buying called buying the dips. There is nothing wrong with setting aside some funds to buy when price dips and when waiting,  using the DCA method to continue buying without stop and waiting for the dips to buy lump sum. This is a kind of combined method which is very effective. I think most experienced investors apply this method and I recommend the method for anyone who want to fully take advantage of different market conditions. 

I can only talk from personal experience, I used to take this hybrid approach dca and bftd, but when I went back thru my data and calculated the difference from pure dca and this hybrid approach I found it didn’t quite pan out the way you are saying. The main problem encountered and not all the time but most of the time you don’t get the dip properly. It’s very hard to hit the dip without a lot of eyes on glass ie time. Yes you can set orders but then you have to divide up your dip money to guess where it lands and sometimes you have leftovers. Instead of bftd I increase my dca amount for a set period of time and then bring it back to normal levels. For example for the next 4 months I increased my dca amount. In July it will go back to normal levels.

The second problem is outside the blockchain, you got a little nest egg for dips but then things come up trying to nibble on the egg from rl. Yes there lots of strategies to insulate and segment your money but the majority of people don’t have these in place. If you don’t have an emergency fund in place I would not recommend trying to bftd strategy.

I’m absolutely not saying your wrong but in my own experience I keep coming back to the old adage; “Time in the market instead of timing the market” Pure DCA let’s you accumulate methodically and increase your time in the market without any timing requirements.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2024, 08:15:52 PM
Wondering if up
Accumulation increased
Celebrating now
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 06, 2024, 12:40:01 AM
Increased my dca for the next 16 weeks, feeling like more accumulation is required Smiley

To borrow a phrase from one of you lot, starting to hear random “normies” talk about bitcoin during my day to day. It’s unusual in my circles, haven’t quite joined in the discussions but its interesting nonetheless to listen
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2024, 06:01:25 PM

Yeah.. last cycle I had my highest range starting from $1.5 million and higher (with around 0.5% odds), so this cycle has gotta be higher than that, unless I happened to have been wrong the last time around with my assignment of possibilities.. I am not going t concede the assignment to have had been wrong, even though surely the outcome showed that such prices would not even come close to being met within the terms that I had outlined...

yet still I would suggest ultra bullish for this particular cycle has to at least get close to $1 million .. or perhaps sub $1 million and higher (such as $800k plus).. would also be acceptable in order to really attempt to recognize and appreciate some of the underlying dynamics that push upon my lil precious prices.. so in that regards to $250k as a "ultra-bullish price target" would maybe be on the relative conservative or perhaps mid-range side of bullish. even though sure there is ONLY around a 3.2x-ish difference between $250k versus $800k plus.

I have read your posts on this and others. The problem I have though is assigning any kind of probability to numbers above 250, sure there is a very tiny weeny .% probability and to me they are all like pie in the sky and not realistic. Its easy on one hand to say its only a "3.2x-is difference" but based on market cap your talking about going from ~1.3T and ~70k spot to  13T and ~700k spot. I cant wrap my head around that much capital injection happening this cycle. Dont get me wrong it would be great, and I might be severely underestimating retail fomo and etf + other cap injections along the way during this bull but at the same time lets be realistic.
Pages: [1] 2 3 4 5 6 7 8 9 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!