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281  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2024, 12:17:07 AM
In any event, so far, as I type this post, we have a 21.5% correction from $49,048 to $38,505, and your chart is building-in a 42% correction for this (pre-halvening correction)
Sigh I thought 42% was the current fall.
Didn't really think it through
Goodness, today has really been hectic for me
Let it get to weekend I really need to relax.


Quote
Control the size of your pics and empty spaces, please
Thanks for pointing it out.  Didn't really notice the sizing.
282  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2024, 07:58:13 PM


You want my name don't you?  
No am not
I'm Batman
The batman.


I love when people say "But Bitcoin isn't backed by anything"

As opposed to either criminal or hypocritical woke enterprises backed by dumb share holders?
Enterprises that couldn't run a fucking bath?

Look at the uselessness of the likes of Disney and Royal Mail these days.

Utterly pathetic.

Their shares should be below zero these days to show the companies' true valuations.  Cheesy

Bitcoin is backed up by it's service, community and future.
Most of these hypocrites are one way or the other in relation with shares of company with no intrinsic value
Like how Bitcoin is called.

the US dollar is backed by the belief and credit of the US government( the government debt).

Does the US dollar really have any intrinsic value? No
But Bitcoin is been called out everytime that it lacks intrinsic value.

I'm getting used to muting all this shenanigans.
283  Local / Nigeria (Naija) / Re: Why Celebrity Marriages Dey Quick Break for Naija? on: January 24, 2024, 03:01:54 PM
This is even common among common folks in the world not just Nigeria.
Been a celebrity doesn't really play that big of a role
There are ones especially the old who are still happily married.
The major reason to me is that it's a trend.
It's what's reigning "we ain't compatible no more let's divorce"
This in respect to our country wasn't common in the time of our forefathers
If there's any misunderstanding
It's cleared up and everybody try to make compromise for the future of their kids.
Court marriage is good and all but I believe it's over stepping on our tradition.

Pray for the right partner
And marry your friend.
284  Other / Beginners & Help / Re: Are newbies afraid to comment on threads of highly ranked members? on: January 24, 2024, 02:56:26 PM
If you are afraid
You would never grow
There are things I thought I knew and even commented but was later shown it's wrong and was corrected.
As long as you don't go off topic and you have an idea share your thoughts
If it's wrong you gain something that day
If it's correct you have contributed.
285  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2024, 11:49:53 AM
Last time ever under 40K?
Last year? Yes (90.98%).
Last time?  Not sure

All eyes on Bitcoin,awaiting the halving.
Individual with FUD are still waiting for 32K
I pity them though.
286  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2024, 05:49:16 AM
This to and fro movement the market is experiencing is annoying
Just fall if you want to or rise if you want to.
Let's skip all this drama.

You must be new here.

Dee cornz is all about drama.

Don't uie noie nuttin?

Lol Yeis ie  doie.
Well I'm aware of the drama
But sometimes a man gonna crave comedy.
287  Other / Beginners & Help / Re: Other ways of keeping your privacy without using mixers on: January 24, 2024, 02:35:00 AM
Another way to sort of improve privacy with Bitcoin is by using Lightning Network and second 

On creating this op, I also taught of adding the zcash as another cryptocurrency that can increase privacy. But Zcash is known for its advanced privacy features, utilizing zero knowledge proofs to enable private transactions. It also can be a good alternative for those seeking enhanced privacy in cryptocurrency transactions. But what I think disqualified it is it concerns about adoption, regulatory scrutiny, and the complexity of its privacy features, which may deter some users or businesses.
From this we can conclude that there many other ways to increase your privacy it now depends more on the users choice of preferences.
Indeed there are,  especially in relation to moving one's coin.
But whats the essence of all this when some don't even try to use browser or apps that don't implicitly collect their data
or individuals that share their personal details on social media.
They try to hide their transactions but not their datas
Sigh that's hypocritic to me.
Thanks for the thread
Been a fan of protecting privacy/ personal data as of late.  Smiley
288  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2024, 02:18:29 AM
This to and fro movement the market is experiencing is annoying
Just fall if you want to or rise if you want to.
Let's skip all this drama.
289  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2024, 06:13:14 PM
Today's #Bitcoin sent to Coinbase by $GBTC/Grayscale comes out to be 18.3K $BTC or ~$740M worth.
https://twitter.com/DaanCrypto/status/1749438652390732048

Now they are down from 619 000BTC to 534 000BTC, which is 13.7%. Today's outflow is not counted in
https://bitcointreasuries.net/entities/50

This can be a poll question: when this outflow will stop: at 0BTC, 1-100BTC, etc. Or when it will stop - this week, next week or in, say, 10 weeks.


Investors are migrating to other ETF with lower fee and I think Grayscale has to sell their holdings to meet up.
If nothing is done about their fee
Then more investors would bail out leading to more sell out.
I doubt changes would be made since the CEO believes 1.5% is right and others wouldn't survive with their low fee.

Disadvantage of such  power in the hands of a single firm.
290  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2024, 01:01:33 PM
damn bro

There's alot of emotions in this two words.

question to wo

chartbuddy passes 50k posts this year

chartbuddy post $350k in the future this year, I won't be surprised.

btc passes $50k price this year

Sure $300k passed this year.

who does it first?

investor came to buy Bitcoin and  HODLE.

I would be Happy but still surprised.
Investors have already started pouring in
Doing DCA at different interval.
More I believe are yet to join in or have but keeping their holdings scattered (secret).
850% increase in Bitcoin this year seems too optimistic to me.
Except Those buying are really ready to hold all or most of their Bitcoins.
Many people don't really know the benefit of holding to the community or why the community welcome huge investors that are ready to Hold large quantities like Micro strategy.
Holding reduces the number of coin in supply
Which in turn reduces supply and enables Demand exceed supply
Then boom, increase the price.
The awareness of halving signifying a bull run by investors is a reason I would entertain this but,
I prefer been shocked positively than been dissapointed
Reason I don't always set the target too high.
Let Bitcoin shock me with it's price positively .
291  Bitcoin / Bitcoin Discussion / Re: Bitcoin an opportunity like land on: January 22, 2024, 11:54:28 AM
In my country, there's no housing crisis because the population has been decreasing for a few decades, so expecting even a house or a flat to rise in price (above inflation rate) isn't very realistic, let alone just a piece of land that doesn't have anything on it. Okay, looking at some data, it does seem that there's some growth in price (10% over a year, it seems), but the land market is very new in my country (it has existed for less than 2 years), and there's no completely reliable and trustworthy data.
Another thing is that my country's at war with another country, so the land you buy might get occupied by a foreign power or might be destroyed by military equipment and weapons. That also makes Bitcoin a lot more attractive, as it is digital.

Sorry about your country's circumstances
Hope for some element of peace and my condolence to the lost souls.
Just as i thought, there are places where land isn't as attractive as mine due to certain risk.
Example is natural disaster prone areas like earth quake or floods not neglecting war.
There's always an element of risk in every investment
The bigger the risk
The bigger the reward
In your country when there comes peace as times goes on people will migrate and development would be administered this would require the use of land
Which would appreciate its value more than mine.
The price of land can reduce like bitcoin due to certain factors but it's usefulness would increase the price later on.
War is not something any wise human would want to see or experience.
Lives getting lost
Anxieties
Prices of goods rising
Sigh, i hope it all gets better soon.

I am from India and being in a country that has the biggest population in the world I can relate to your topic. What I do not understand is your comparison of land with Bitcoin the reason being land is physical and Bitcoin is virtual. Buying land has more obligations than buying Bitcoin as you would need to go through multiple paperwork. The next issue is that the land is governed by the government ruling that land whereas Bitcoin is decentralized. Comparing Bitcoin with land based on its price does not fit as Bitcoin has many more positive aspects than a piece of land. While I agree that both the price of land and Bitcoin are unstoppable, understand this Bitcoin is responsible for everyone being aware of an ecosystem that is decentralized while land is a centralized entity and its price is controlled by the government.
The comparison was mainly based on scarcity and limited supply.
They both different in lots of ways doesn't separate them as been opportunities
One is already growing (land), the other still at the infant stage(Bitcoin).
The essence is if one can't afford land, its better to buy some amount of Bitcoin and learn to Hold rather than been manipulated by the market.
292  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Rebound This Week on: January 22, 2024, 07:34:52 AM
Even if it doesn't this week or even next week
Its still going to create another ATH this year
Just continue your DCA and take any correction as a buying opportunity.
Increase your portfolio now because many are waiting for it to hit $38K or $35K
Once it does, you might not even be fast enough to buy it before you start seeing $50K's.

If you already holding
Just cut ties from the market this period except you accumulating
Let this drama swing pass and enjoy the fruit of your perseverance(Patience).
293  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2024, 04:31:36 AM
question to wo

chartbuddy passes 50k posts this year

btc passes $50k price this year

who does it first?



With an average of 25 post/day
It would take chart buddy approximately 215 days ((50000-44642)/25)
Bitcoin halving is around 89 days
Even with minor delay
Bitcoin would touch 50K first or could even create a Nee ATH before chartbuddy hit 50K.
294  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2024, 08:45:19 PM

Define "too long"

You really need a reality check.
3 days?

Pretty good tweet I saw below. Obviously ignore the shitcoin references.

Bitcoin only.



@Ashcryptoreal
BITCOIN WILL HIT $250K IN 2025

Here's how this will happen 👇

Bitcoin has always followed a 4-year crypto cycle

➜ 1 year of recovery

➜ 1 year of halving (the same year BTC hits a new ATH)

➜ 1 year of a full-blown parabolic run

➜ 1 year of crash (70%–80% drawdown)

Right now, we are into the halving year, and BTC is expected to hit a new ATH in Q4 of 2024

Currently, the BTC price is mimicking the 2020–2021 cycle, so let's see how things will proceed

♦️ Correction before halving (maybe to $30k-$35k)

♦️ A few months of consolidation during the summer

♦️ Bullish Q4 of 2024 and a new ATH of $70,000

♦️ $100k $BTC in Q1 of 2025

♦️ Full-blown altseason where alts will pump 100x-1000x

♦️ Some consolidation and correction in Q2 of 2025

♦️ In Q3 of 2025, the pump will resume, and BTC will hit $200k–$250k in Q4 of 2025.

𝑊ℎ𝑦 𝑊𝑖𝑙𝑙 𝑇ℎ𝑖𝑠 𝐻𝑎𝑝𝑝𝑒𝑛?

➡️ The BTC price is always driven by supply and demand.

➡️ With the halving and ETF approval, there will be a reduction in supply emissions, and demand will increase.

𝑊ℎ𝑒𝑟𝑒 𝑊𝑖𝑙𝑙 𝑇ℎ𝑒 𝑀𝑜𝑛𝑒𝑦 𝐶𝑜𝑚𝑒 𝐹𝑟𝑜𝑚?

1️⃣ COMPANIES CASH HOLDING

In the US alone, companies hold over $4.5T worth of cash on their balance sheet, which is depreciating in value every year.

With the introduction of new accounting rules, it will be easy for institutions to hold BTC on their balance sheet.

2️⃣ BONDS

Right now, there are over $10T worth of bonds that are yielding 0% or negative, and this money will enter into BTC.

Imagine even 5% of that money entering BTC; it will push BTC to new highs.

3️⃣ GOLD MARKET SHARE

BTC is the new digital gold, and it has every characteristic that makes gold money.

Slowly, people are realizing that BTC is the new gold, and they are flocking to BTC.

Gold has a MCap of $12T, and now with spot ETF approval, it will be even easier for gold investors to dump their gold and hold BTC, which is the superior money.

𝑊ℎ𝑎𝑡 𝑆ℎ𝑜𝑢𝑙𝑑 𝑌𝑜𝑢 𝐷𝑜?

🟠 Hold utility-based coins

🟠 Don't panic, and always verify before taking any action.

🟠 Book profits when there is euphoria.

Like and retweet if you found this post
helpful. You can also  bookmark this post so everytime you feel bearish just look at this post for reassurance.

Also, tell me your price prediction for BTC in 2025.
https://x.com/ashcryptoreal/status/1749095312285925394
2025 gives me same feeling like 2021, where i believe a new ATH would be created.
I think the last halving brought about 750% increment.
But would development ongoing (in regards to scalability) and increase in the community i believe Bitcoin would be around $185K pessimisticly and barely pass $300K optimistically.
To me i believe the 100K would be a psychological barrier compare to 60K.
But once crossed
I barely see any limit at part from 250K or 500K.
♦️ Correction before halving (maybe to $30k-$35k)

Maybe such pre-halving correction has already occurred. Take 2016 as an example. The Halving was in September and there was no big correction before or after, the price was more or less flat.
The only dip was due to a large bitfinex hack and it was only around 16%. We've just experienced something similar.

The dip is based on the worse likely case scenario.
It happens
It doesn't
As long we holding spot
The funds are safe, only our emotions would be at test.
But knowing we in an halving period, prepares the mind for the following greens.


But 2026? Imo there is a likelihood of a big correction like(almost) 2022.

295  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2024, 04:23:59 PM
2 days around 41,600$ next is a pull back or a spike. I give 63% chance of a spike. 44K$ is my target.
The market needs a positive news currently to undergo such. Its been under $43K for too long
296  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2024, 06:43:58 PM
Just imagine what will happen when the selling stops, big investors pour in, demand increases, and the buying craze begins... And all this happening in a Halving year!

The incoming pump will be stratospheric! 6 digits guaranteed, soonTM.
I'd prefer using exospheric. Grin
The bigger the dip the stronger the recovery.
2022 dip is a proof of that
Still surprises me why i barely feel the dip compare to how i was in the future
I still hate seeing red color though.
In 2022 dip, i thought lady luck had a personal vendetta against me.

The bigger the dip, the bigger the recovery.. .

that is a strange view of bitcoin and contains a kind of presumption that bitcoin's price slope is inevitable, which surely I question how much something like that can be relied upon - even though we likely understand that there is a certain power that comes with digital scarcity in a kind of asset class that never previously existed.. so that does likely lend to a certain amount of UPpity inevitability, but still I question about magnitude, time and various set backs, even though the price has a lot of ongoing UPpity price pressures.. even when there are various attempts to manipulate and to attack, but if from time to time there are needs to produce the coins (or to show that you actually have them) .. or even distrust in others holding your coins, then it becomes a lot harder to not enter into risks if you don't have the coins that you claim to have....


Maybe its poor usage of word
What i meant was despite how huge a dip would be
Bitcoin recovers bigger (reference 2022-early dec 2023)


Change of location

Where the dude @
Hoping it’s not to easy this time
A place that has that structure.
297  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2024, 11:31:38 AM

Just imagine what will happen when the selling stops, big investors pour in, demand increases, and the buying craze begins... And all this happening in a Halving year!

The incoming pump will be stratospheric! 6 digits guaranteed, soonTM.
I'd prefer using exospheric. Grin
The bigger the dip the stronger the recovery.
2022 dip is a proof of that
Still surprises me why i barely feel the dip compare to how i was in the future
I still hate seeing red color though.
In 2022 dip, i thought lady luck had a personal vendetta against me.
298  Bitcoin / Bitcoin Discussion / Bitcoin an opportunity like land on: January 20, 2024, 11:23:55 AM
This might not be applicable everywhere but in my Country Nigeria i can attest to it.

Land price is ever growing and its supply is gradually reducing(limited supply) which has helped pushed the price more,unlike some fixed assets which depreciates in value with time.

Lands in the time of old was barely of any value. Something man just met and didn't know how valuable it is. In the past, couple of decades ago the prices of land were cheap due to its abundant supply in my country but now to buy a land is not something one can just wake up and do. Its very expensive especially in developed areas and even the rural areas increased the prices because demands is getting higher than supply. A land that could be bought for #5000($3.8 ) is been sold in millions of naira (>$2000).

This phase of growth to me could be likened to Bitcoin, while Land is in the physical realm Bitcoin occupies the digital. During Bitcoin inception its price was zero,many didn't consider its value but as times goes on the world started seeing its importance and many smart individual are holding already. It reminds of grandparents who kept their lands for years and later sold to school their kids abroad or improve the status of their family.

Now the price of land is so high that it would be difficult to get some acres by an average family but not Bitcoin. Since its divisible one can buy as little as a dollar and enjoy the privilege of fore fathers in getting their land at a relatively low cost.

Land was an opportunity for the past century and still till date, Bitcoin is one of ours. We were fortunate to be around the era where it can be bought by anyone. So try to take advantage of it.

Land owners who didn't enjoy their investment paved a great foundation for their children.
Bitcoin supply is limited like land and would continue to grow in price as inflation continues to affect the world.

In my country, especially in products gotten from lands like agricultural products, the law of gravity doesn't apply. As it rises yearly, the increase continues.

Buy now and don't start waiting for huge dip before entering. Trust me you would miss out.
There are people that sold their lands around 5 years ago and are regretting not keeping till date.
In the case of having a land, i believe leasing is better.

Its better for your regret to be not buying more than for it been not buying at all.

How's the price of land in your country?
Have you ever thought been in the time where land was cheap and bought alot?
Are you boarding the train(cheap) of Bitcoin holders or you want to wait for private jets? Grin
299  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2024, 05:55:58 AM
This is especially true for those who are born into religions, where they are indoctrinated from birth to believe in them and fear the possibility of rejecting them.

The above is not exhaustive or well laid out, I just typed it as it came in my mind.
A good read i must say. The family backgrounds decides what religion they become.At birth you have no choice, it becomes a part of you. Christian, Muslim, fight on whose doctrine are right and argue based on what they taught.
I don't fully believe in history since its written/translated by man
There definitely must be some flaw
But believe there's something or someone maintaining law and order
Making everything be in balance
Light darkness
Love hate
Success failure etc.

https://cointelegraph.com/news/us-gao-recommendation-sec-spot-bitcoin-etf-approval-revealed.

It came as a shock that the vote was 3-2 and Gary was at the winning side
Backed to corner i must say but of someone thats adamant against change
Expect some petty revenge.
300  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2024, 01:30:04 PM
Contrast that image with the current flood of Instagram photos of silicone females with abnormally thick lips, super-sized breasts and exaggerated curves... I won't say "ugly", but I won't say "beautiful" either.
Yeah i understand them escalating from normity but the thick lips is the worse to me. Would it make one a better kisser? Tsk
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