Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Raja_MBZ]

https://twitter.com/jbrowder1/status/1251726587210412032

[1713572159]

1713572159

[1713572159]

1713572159

[Last of the V8s]

Happy Easter to all our Orthodox friends and brothers.
καλό Πάσχα
Paste Fericit
Cpeћaн Уcкpc
з вялiк днём
Xpиcтoc вocкpec!

[Toxic2040]

https://twitter.com/jbrowder1/status/1251726587210412032

wow..thats ballsy if a fact...it can carry some pretty stiff penalties for messing around on a gooberment site

what a tool

[JayJuanGee]

Literally only 22 days now

My body is ready



https://www.bitcoinblockhalf.com/



$8000 in the next 2 weeks (pre halving). I’m sure of it

I was considering that "sure" means something very close to 100%?

If I click on "buy" now, depending on when I click, surely I am getting 12% - 13% return in two (or perhaps 3) weeks.^tm  aka soon ^tm

That's relatively reasonable.  Wooooo whooooooo!!!!!!

[JayJuanGee]

Talk about cuisine
mind wandering on lockdown
halvening is near





#haiku

Jobless wanderer
bitcoin sold for food, shelter
what's it for halving?


#haiku from the overseas

Sounds like over-invested. 

Each of us needs to be careful not to overinvest, and if we do overinvest, we need to at least make sure that we have all of our various monthly expenses covered in order that we do not have to sell any BTC, except at a time of our own choosing...

and also best practice is to make sure that we have our expenses covered for 6-18 months in advance which surely can be way more difficult to accomplish when there is an emergency/crisis situation (such as the one that we are in, currently) that seems to have gone quite far beyond many of the most extreme imaginable scenarios.

I am still going to assert that our BTC investment plan has to still attempt to adapt to crazy-ass times, so probably it has really ONLY been 4-6 weeks that we have really realized the scope of this macro-situation - even though many people saw it coming a bit earlier than that, but by the time that the bitcoin price and the various equities went crashing down on March 12th, it became a lot more apparent that we have a very problematic macro-situation that is likely NOT going wished away.. so perhaps, at that point, many of us have to tweak our plans a bit.

Tweaking our plans, should not mean selling all of our BTC and saying "fuck that did not go very well," but instead there are likely a lot of ways that we can make incremental adjustments to our overall financial plans that have BTC as only one portion of that (at least hopefully it is only one portion, rather than being 100% in BTC because that just seems to a bit much in the vast majority of situations in which we all likely have expenses that are payable / accounted through other means, most likely some form of fiat).

So, perhaps, we have to trim our BTC a little bit.. or maybe just HODL our BTC and figure out likely changes that have likely come to various aspects of our cashflow.  Surely, I never like to consider cashflow projections as 100% until they are actually in my bank account or somehow in my control, and maybe even sometimes we still have to be hesitant to assigning too high of a confidence to having control over some values, even if they seem to be in our control, but anyhow, there are varying degrees of confidence in regards to how much control we have over an asset that we already have accumulated and there is also varying degrees of confidence in regards to how sure we are that certain aspects of our cashflow will continue to flow or might some of them dry up.

So, yeah, sometimes we have to tweak our projections, and sometimes we have to go out there and to shore up some aspects of our cashflow in order to attempt to increase our level of confidence that such cashflow is going to largely materialize as expected, rather than getting thrown for a loop.

Sure, some people seem to purposefully want to get thrown for a loop in regards to what assets they hold, the value that they place on the assets or the level of cashflow that they have coming in.  So, perhaps a lesson can be that we do not want to be that guy... the one that places too high of probability or confidence in regards to any of the individual financial factors.... which as a reminder are cashflow, investments (including bitcoin), view of bitcoin as compared with other investments, risk tolerance, timeline and time, skills and abilities to learn/research and tweak/manage holdings and strategies.

[vapourminer]

If I click on "buy" now, depending on when I click, surely I am getting 12% - 13% return in two (or perhaps 3) weeks.^tm  aka soon ^tm

-13% to +12%

sound reasonable.

[JayJuanGee]

If I click on "buy" now, depending on when I click, surely I am getting 12% - 13% return in two (or perhaps 3) weeks.^tm  aka soon ^tm

-13% to +12%

sound reasonable.

NO!!!!!!!!!   That does not sound reasonable.   


I prefer 12% to 13% like LFC asserted as sure.


So, kindly get out of here with your version of reasonable even if it is more based upon reality.

[rolling]

Literally only 22 days now

My body is ready


https://www.bitcoinblockhalf.com/

$8000 in the next 2 weeks (pre halving). I’m sure of it

I was considering that "sure" means something very close to 100%?

If I click on "buy" now, depending on when I click, surely I am getting 12% - 13% return in two (or perhaps 3) weeks.^tm  aka soon ^tm

That's relatively reasonable.  Wooooo whooooooo!!!!!!

You're doing it wrong, your score card is inverted. More BTC is the goal, not more fiat.

[JayJuanGee]

Literally only 22 days now

My body is ready


https://www.bitcoinblockhalf.com/

$8000 in the next 2 weeks (pre halving). I’m sure of it

I was considering that "sure" means something very close to 100%?

If I click on "buy" now, depending on when I click, surely I am getting 12% - 13% return in two (or perhaps 3) weeks.^tm  aka soon ^tm

That's relatively reasonable.  Wooooo whooooooo!!!!!!

You're doing it wrong, your score card is inverted. More BTC is the goal, not more fiat.

For the most part, I attempt to account for both fiat and BTC, so yeah, even if I am attempting to accumulate more BTC or to maintain my BTC, I am also measuring the value in fiat, too, especially since so many things are measured in fiat (mostly dollars in my use case).

In current times, I am not cashing out my BTC in great quantities, but I have found a lot of value in measuring the value of my BTC in fiat, and also projecting what to do or how to treat the matter of my BTC holdings in terms of the fiat value and considering the passage of time, too.. so for example, if BTC price were to go up to $80k or $100k in a short period of time (let's say within the next 3 to 6 months), then that might cause me to consider the matter of my BTC holdings differently than if the BTC price were to go to those prices in the next 2 years.

So, in any event, I still have to consider, for myself, what am I going to do?  and how am I going to prepare for various kinds of eventualities and how much time might pass, as well.

The treatment of the BTC holding matter is going to be different for many of us, so in that regard, we should be attempting to tailor our comfort levels so that we don't either create unrealistic expectations on what bitcoin is likely to do that might put us in a position to end up panicking.  We have seen this happen with some members.  Need I mention any names?

Of course, some guys (and gal) here might be young wipper snappers, and therefore these members might be thinking 10-20 years or even longer time horizons into the future to build their nest eggs.  Nothing wrong with that, but seems a bit unrealistic to me for even those members to ignore reality and to NOT consider the value of their holdings in both bitcoin and fiat.

Other forum members might have already built a vast portion of their nest egg (even before getting into BTC), so they are not so inclined to just HODL their bitcoin forever, and of course, there are quite a few variations in-between, such as myself, who were decently established in their investments before getting into BTC, but still have already been through at least one exponential upward BTC price period...  For me, I have only really been through one, and based on your forum registration date, maybe you are in a similar situation too... or even that you have had the upwards movement of at least two BTC price periods.

Anyhow, some of us may have already built a lot of value in BTC, then it remains quite practical for us to attempt to figure out where we are at, and yes mistakes may have been made, along the way, too but we can still consider whether are we accumulating, maintaining, liquidating BTC or some combination.  So, in that regard, there tends to be a lot of practicality in accounting (score-carding) in both BTC and fiat valuations... rather than getting into some kind of pie in the sky valuation that is totally based on BTC, but might not be practical for our own situation of trying to figure out how our BTC investment works for our own circumstances.

By the way, my own personal plan does not involve accumulating BTC in order to pass very many of them on to others.  I prefer that my plan is to attempt to personally benefit, at least somewhat, from the value that I have accumulated in my BTC over the years.  On the other hand, I recognize that there may be some folks who have passing on their BTC as part of their goal, and I am not going to totally poo poo such purported benefit to others plan, even though I believe that a more complete plan should also involve some self-indulgent aspirations to personally benefit from BTC value that any of us might have worked hard to accumulate, and of course, there are some people who have more money than they are able to spend, yet I doubt that scenario really applies to most people if they really attempt to seriously consider their situation in terms attempting to reasonably account for all of their assets and the various categories of assets. 

[Globb0]

[bitebits]

Midas, Transmuting all Gold into Paper, James Gillray, 9 March 1797:


https://www.historytoday.com/miscellanies/satan%E2%80%99s-bank-note
https://twitter.com/TuurDemeester/status/1251547158278537216

[VB1001]

Notice how #btc is above AND below stock-to-flow model EVERY year (white dots > 1 means btc > model value, white dots < 1 means btc < s2f model).
Looking forward to next 12 months!

https://twitter.com/100trillionUSD/status/1251914639736274944

[hodl_2015]

The only competition of bitcoin would be a strong currency that is accepted and used worldwide. Looking at the direction of the euro and the US dollar, I don't see that happening, not anywhere in the next 4 years at least. The Euro may not even be around anymore in 4 years.

No competition means demand and the halving means reduced supply, so long-term, the model should be a reasonable prediction.

[Phil_S]

Godzilla spares the homeless, apparently.

https://www.zerohedge.com/geopolitical/shocking-report-shows-half-homeless-boston-shelter-tested-positive-covid-19-and-none

The CDC is now "actively looking into" into universal COVID-19 testing at Pine Street Inn homeless shelter.

The broad-scale testing took place at the shelter in Boston’s South End a week and a half ago because of a small cluster of cases there.

Of the 397 people tested, 146 people tested positive. Not a single one had any symptoms.

"It was like a double knockout punch. The number of positives was shocking, but the fact that 100 percent of the positives had no symptoms was equally shocking," said Dr. Jim O’Connell, president of Boston Health Care for the Homeless Program, which provides medical care at the city’s shelters.

O'Connell said that the findings have changed the future of COVID-19 screenings at Boston’s homeless shelters.

Stop paying rent, guys.

[hodl_2015]

Godzilla spares the homeless, apparently.
https://www.zerohedge.com/geopolitical/shocking-report-shows-half-homeless-boston-shelter-tested-positive-covid-19-and-none

From a quick google images check: Boston homeless people seem to have a healthy BMI.

[LFC_Bitcoin]

This guy is right, especially about most of the people with consistently, overly bearish price predictions.
Most of them are youngsters with a pathetic bitcoin stash. There are a fair few here too, so bitter & jealous about their own pathetic bitcoin stash so they enjoy trying to fuck up everybody else’s chance of making life changing money.




@RiggsBTC
Bears will be trying to short all the way up to #BTC  $20K. Many will get completely wiped out because they simply wont take advantage of the greatest buy in investment history.

Then people wonder “why doesn’t everyone just buy bitcoin?”..

Its going to be hilarious.
https://twitter.com/riggsbtc/status/1251941100601987084?s=21

@RiggsBTC
Most of these crypto accounts on Twitter are 19 year old noobs with .03 BTC. Many make the space look bad. Many have zero idea what they’re doing.

No wonder they’re all bearish. They will be left in the dust to learn the hard way.
https://twitter.com/riggsbtc/status/1251950843496103937?s=21

[hv_]

This guy is right, especially about most of the people with consistently, overly bearish price predictions.
Most of them are youngsters with a pathetic bitcoin stash. There are a fair few here too, so bitter & jealous about their own pathetic bitcoin stash so they enjoy trying to fuck up everybody else’s chance of making life changing money.




@RiggsBTC
Bears will be trying to short all the way up to #BTC  $20K. Many will get completely wiped out because they simply wont take advantage of the greatest buy in investment history.

Then people wonder “why doesn’t everyone just buy bitcoin?”..

Its going to be hilarious.
https://twitter.com/riggsbtc/status/1251941100601987084?s=21

@RiggsBTC
Most of these crypto accounts on Twitter are 19 year old noobs with .03 BTC. Many make the space look bad. Many have zero idea what they’re doing.

No wonder they’re all bearish. They will be left in the dust to learn the hard way.
https://twitter.com/riggsbtc/status/1251950843496103937?s=21

UASBears incoming

[Raja_MBZ]

Godzilla spares the homeless, apparently.

I've been getting a few messages (or maybe "jokes" will be a more appropriate word) from my Indian/Pakistani relatives; they think that the COVID19 situation is not getting severe in South Asia and Africa because people out there are used to living in dirt, and their immune system is stronger than people in USA, Europe, etc.

[Indymoney]

Godzilla spares the homeless, apparently.

I've been getting a few messages (or maybe "jokes" will be a more appropriate word) from my Indian/Pakistani relatives; they think that the COVID19 situation is not getting severe in South Asia and Africa because people out there are used to living in dirt, and their immune system is stronger than people in USA, Europe, etc.

But In strict lock down is around here and numbers are increasing very quickly as India touching almost 17600 and Pakistan 8300 if they have no lock down then surely its going to be worst here even peoples live in dirt and their immune system is stronger.

[El duderino_]

via Imgflip Meme Generator