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

[Sayeds56]

https://twitter.com/Davincij15/status/1364613503210975241?s=20

LoL nice one...

But still my honest thinking is that I have no ambitions for owning a Lambo actually even if it would happen or whatever... its not the car I dream of and surely not the one I would like to drive daily in ....

Just the thought of being ripped off in Taxes, yearly things, absurd maintenance, all kind of dumb sh*t....

For the DUTCH among us

The cost are so high "het is dweilen met de kraan open"

Google translates this to "it is mopping with the tap open".

I see your point, and I fully agree! LOL!  

Haha indeed, in dutch its a common sentence  

It's probably NOT the car for me either, even if I felt that I had some place that I would want to keep such a car and maybe use it a few times a year.

So yeah let's say that the car costs about half a million (of course, you could get a cheaper version, but why?)... and then probably we should calculate another half a million for various costs over a 10 year ownership of the car... Something like that.

So, if any of us feel that we have an extra million in wealth that we want to use to consume such a product, then that might not be a problem.. but then a question might be how much wealth should a reasonable person have in order spend around a $million on a nearly complete consumption good - and a show off status piece?

Probably $3million minimum.. and maybe above $5million would be preferable... but hey who am I to say.. I am not really very interested in such a car at this time, but never say never.

By the way, currently the 208-week moving average is getting close to $9,400, so a person would need to have:

BTC        ==    dollar value

106.383  = $1million

319.15  = $3million

531.915  = $5million

1,063.83  = $10million

By the way, if I am using the 208-week moving average of my measure of the bitcoin bottom ($9,400) for the intention of long-term considerations regarding my own bitcoin wealth management, I can also consider that any bitcoin that I were to cash in today, at this moment with the BTC price bouncing around $47,000 to $47,500, I get an immediate 5x return.. could feel good to do that, even though I am NOT cashing anything out beyond my normal practices (and system).  

But if anyone were to feel that they need cash in the coming year or less to consider if there might be an  amount of BTC to cash in that makes you feel good in terms of getting a certain locked-in value above the 208-week moving average, then 5x immediate returns cannot really feel bad.. and of course the 2080-week moving average is continuing to move up quite slowly, relatively speaking... but still moving up around $200 per week-ish in these here times.  Don't get me wrong, I am not suggesting anyone sell any of their bitcoins, but each person also has personal considerations in term of where they are at and if they believe that they can HODL through these kinds of periods, shave some off or are then in an accumulation stage of ongoingly buying more BTC because they have not yet met their personal BTC accumulation goals.

Edit: no offense intended to those who enjoy sucking cock. you do you.

Well, like, have you even tried sucking cock?

Don't knock it until you've tried it.

Sounds gross.

 

I don't have any desire to try it - but again, never say never, if there might not be some other options out there.

[1714190401]

1714190401

[1714190401]

1714190401

[Chrystora123]

If we drop below $45k, I'm buying again. Not in a hurry to buy dip right now. It looks like we may be in a position to break ground mid-March on our ranch. Getting very excited.

March is likely to be an interesting month, if the trend remains saturated then buying the dip at the right time is the wisest opportunity..

[dieselmeister]

Good morning WOvians. So the decline was excpected. With the massivce outflow out of the miners and the break of a triangle. The question is, is it enough or go we futher down? After the futures and options of the expires today, the bitcoin went back to normal and the sell pressure ends. The bitcoin had to be under 50k when the stuff expired, so that the masive shorters make enough profit. The game is not new.

We have havy bullish news yesterday, so they will kick in when the sell pressure ends. For us cheap coins

[DaRude]

Ayre shorts, faketoshi drops bomb on suing devs/jesus/planet/whateves rinse, repeat

[somac.]

Good morning WOvians. So the decline was excpected. With the massivce outflow out of the miners and the break of a triangle. The question is, is it enough or go we futher down? After the futures and options of the expires today, the bitcoin went back to normal and the sell pressure ends. The bitcoin had to be under 50k when the stuff expired, so that the masive shorters make enough profit. The game is not new.

We have havy bullish news yesterday, so they will kick in when the sell pressure ends. For us cheap coins

I have no idea when the sell pressure ends but if we get the same percentage correction as last time we are looking at a bottom of 39k - 41k.

I'm not confident we'll get there though, coins on exchange are dropping fast and I don't see any reason for that to let up for now. The 1.9 trillion is also coming and that cannot be priced in, because they haven't actually bought yet. Same as the halving being priced in, it's not possible.

I know there is talk of a global correction, but look what happend last time. That correction was a global boom. They can't stop printing, if they could they would have done it already.

[nutildah]

Forgot to mention, met these two dudes at a club last night. Pretty cool guys. Said they were brothers visiting from out of town.

ROFL!
They look like they shorted Doge their whore life! <3

Was waiting for somebody to notice this but..
Those are the blackish version of the Bogdanoff bros.

I was thinking that.

Makes sense that Bob would be in communication with them.

[ivomm]

Just purchased the dip at 46.3k

I sent up to buy

at 44.2k
at 42.2k

Cheap coins yeah baby.

Good morning (or whatever part of the day is for you) WO! I am in the mood of buying cheap coins too. I've just bought 0.45BTC at 45-46K. My laser eyes are focused on 300-400K this year.  

[somac.]

Upcoming big drop to 40-41k perhaps?

Then big bounce if it does.

[BobLawblaw]

First order filled @ $44.5k. Have orders in place all the way down to $40.5k. Getting tired and should probably hit the sack soon. Helluva busy week.

[LFC_Bitcoin]

First order filled @ $44.5k. Have orders in place all the way down to $40.5k. Getting tired and should probably hit the sack soon. Helluva busy week.

Also just bought, I’ve just created a tsunami with my whale move......


of buying £150 worth

[El duderino_]

Have an order filled as well, no more latter down, bought the remaining FIAT in total, this DUDE ain't greedy ...

[El duderino_]

Upcoming big drop to 40-41k perhaps?

Then big bounce if it does.

Maybe, maybe not ....

Big bounce from here would suit me well 

[serveria.com]

I hope we're not in for years of slow downward slide again. That was demoralizing.

This is going to be THE downward slide. If you don't want to be demoralized, then sell everything, or aggressively short at maximum leverage. There will not be another bull run.

That's exactly what you told us last time... 

[BitcoinBunny]

I hope we're not in for years of slow downward slide again. That was demoralizing.

This is going to be THE downward slide. If you don't want to be demoralized, then sell everything, or aggressively short at maximum leverage. There will not be another bull run.

That's exactly what you told us last time... 

His strategy is perhaps if he says it often enough he might be right one day.

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

Good morning WO Bitcoin land. Hope everyone has a great Friday. The weekend is almost here thank F*ck.
New chances from Monday, it will be March.

[somac.]

Just thinking, apparently there is a delay in wire transfers atm, the trend down in price could be that not enough money is getting through to the exchanges.

When this delay stops though, there will be a bit of a flood of new fiat onto the exchanges, new fiat plus low prices = up.

[ivomm]

The Canadian #Bitcoin ETF now holds more than 10,000 BTC.

https://twitter.com/glassnode/status/1365225362859429893

[Krubster]

I just bought the dip. Seriously though, the bitcoin roller coaster guy deserves a break, and so do I.



Cheers guys.

[somac.]

The Canadian #Bitcoin ETF now holds more than 10,000 BTC.

https://twitter.com/glassnode/status/1365225362859429893

And the thing just opened like a week ago right?

If we think coins on exchange are low right now wait until this ETF has been around for a couple of months.

[El duderino_]

https://twitter.com/Davincij15/status/1364613503210975241?s=20

LoL nice one...

But still my honest thinking is that I have no ambitions for owning a Lambo actually even if it would happen or whatever... its not the car I dream of and surely not the one I would like to drive daily in ....

Just the thought of being ripped off in Taxes, yearly things, absurd maintenance, all kind of dumb sh*t....

For the DUTCH among us

The cost are so high "het is dweilen met de kraan open"

Google translates this to "it is mopping with the tap open".

I see your point, and I fully agree! LOL! 

Haha indeed, in dutch its a common sentence 

It's probably NOT the car for me either, even if I felt that I had some place that I would want to keep such a car and maybe use it a few times a year.

So yeah let's say that the car costs about half a million (of course, you could get a cheaper version, but why?)... and then probably we should calculate another half a million for various costs over a 10 year ownership of the car... Something like that.

So, if any of us feel that we have an extra million in wealth that we want to use to consume such a product, then that might not be a problem.. but then a question might be how much wealth should a reasonable person have in order spend around a $million on a nearly complete consumption good - and a show off status piece?

Probably $3million minimum.. and maybe above $5million would be preferable... but hey who am I to say.. I am not really very interested in such a car at this time, but never say never.

By the way, currently the 208-week moving average is getting close to $9,400, so a person would need to have:

BTC        ==    dollar value

106.383  = $1million

319.15  = $3million

531.915  = $5million

1,063.83  = $10million

By the way, if I am using the 208-week moving average of my measure of the bitcoin bottom ($9,400) for the intention of long-term considerations regarding my own bitcoin wealth management, I can also consider that any bitcoin that I were to cash in today, at this moment with the BTC price bouncing around $47,000 to $47,500, I get an immediate 5x return.. could feel good to do that, even though I am NOT cashing anything out beyond my normal practices (and system). 

But if anyone were to feel that they need cash in the coming year or less to consider if there might be an  amount of BTC to cash in that makes you feel good in terms of getting a certain locked-in value above the 208-week moving average, then 5x immediate returns cannot really feel bad.. and of course the 2080-week moving average is continuing to move up quite slowly, relatively speaking... but still moving up around $200 per week-ish in these here times.  Don't get me wrong, I am not suggesting anyone sell any of their bitcoins, but each person also has personal considerations in term of where they are at and if they believe that they can HODL through these kinds of periods, shave some off or are then in an accumulation stage of ongoingly buying more BTC because they have not yet met their personal BTC accumulation goals.

Edit: no offense intended to those who enjoy sucking cock. you do you.

Well, like, have you even tried sucking cock?

Don't knock it until you've tried it.

Sounds gross.

 

I don't have any desire to try it - but again, never say never, if there might not be some other options out there.

 

[LFC_Bitcoin]

@Mishacrypto_com
#Bitcoin  ₿ in 2017/18 compared to $BTC now.
https://twitter.com/mishacrypto_com/status/1365229886617628680?s=21



Know what I’m sayin’