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

[OutOfMemory]

This man here bought 18,600 BTCs at $63k.
Current Loss: -404,775,658.1 USD
[...]
https://bitinfocharts.com/bitcoin/address/3K5dmrkBMS8ZVgERMLwiw7PJuG8GWTbo8e

what so we are r/bitcoinbets now?

No , wall observer.

Bitcoin Forum > Economy > Economics > Speculation (n memes n shit)

........ and not under "religion"

Naaah we all just BTCdramaQueens

But that’s the fun side of it

Love it

The dude nails it, again 
Thanks for inspiration of my new avatar subtext.

[NoorulHuda]

El Salvador’s Bid for Bitcoin Bonds Sinking as IMF Deal 'Practically Dead': Former Central Bank President
https://decrypt.co/98216/el-salvador-bitcoin-bonds-imf-deal-practically-dead

[ChartBuddy]

Explanation

[Paashaas]

Bitcoin-Backed Mortgages Are Coming. Here’s What That Means for Buyers.

Buying a house with Bitcoin as collateral may soon be possible as crypto startups try to crack the $2.6 trillion mortgage market.

A start-up called Milo started offering 30-year mortgages backed by cryptocurrencies in March. The company is working with more than 700 potential borrowers on pre-approvals and has made $5 million to $10 million in loans, CEO Josip Rupena said in an interview with Barron’s.

“This is a live product and we’re breaking away,” he said.

Borrowers can use Bitcoin, ether, or stablecoins as collateral for a loan. Stablecoins are digital currencies designed to maintain a fixed $1 price. Milo will accept the USD Coin, Gemini Dollar, and Terra stablecoins, Rupena said.

That isn’t the only unconventional aspect of a crypto loan. Milo says it will extend credit for up to 100% of the purchase price if someone has enough cryptocurrency. Someone aiming to buy a house for $500,000, for instance, could pledge $500,000 worth of Bitcoin as collateral to Milo, which would then provide the cash to close the deal with the seller.

Rates for its 30-year mortgages range from 3.95% to 5.95% and the loan may be repaid to Milo in crypto or dollars.

[philipma1957]

This man here bought 18,600 BTCs at $63k.
Current Loss: -404,775,658.1 USD

https://bitinfocharts.com/bitcoin/address/3K5dmrkBMS8ZVgERMLwiw7PJuG8GWTbo8e

What you posted is a lie.

As others have already pointed out, "current loss" is irrelevant. Like OutOfMemory, a friend of mine bought at the very top of 2017 (at just under $20k). He was "currently losing" for the entire 3 years that followed. But he was smart and did not sell. Since December 2020 he is in "current gain" mode... In fact, there is no real gain or loss, since he has never sold a single sat.

Whoever bought the above 18,600 BTC is smart AF.

Yep and ImThour's statement is 100% incorrect at this moment in time. Since he said currently losing and he is not currently losing a dime.

Thanks for your feedback, I meant to say unrealized loss.
I have edited the post with the correct word usage.
I know he's going to HODL it and I mean he should.

Thank you

I appreciate it.

When and if BTC reaches 189k he will be up 2.3bill with an unrealized gain of course.

as 18 x 63 =     1.134 bill

and 18 x 189 = 3.402 bill

he can then sell 1.701 bill worth so that after taxes he would be close to the 1.134 bill he put in and also have 9000 btc worth 1.701 bill at no  cost.

Lets hope we can revisit post this before 2025 and find it to be true.



Please note slight edit due to a spell check error

[BitcoinBunny]

Of course this has been approved.
https://uk.yahoo.com/news/uk-court-approves-extradition-julian-101925783.html

It probably was approved EXACTLY at the same time when the US president's son snorted coke from a whore's asshole whilst the whore was paid for by US taxpayers' money and whilst the UK's Chancellor of the Exchequer's wife started another tax avoidance scheme which claims she doesn't live on the planet for the foreseeable future.

 

[cygan]

[savetherainforest]

"Juanita Nihilism Troll"     .. that should be your description man.    

You are somewhat pathetic save the rf...

I mean what else more could you do to attempt to get attention?

Maybe create a kimichi scratch and sniff, perhaps?

Damn.. I have no more merits to give!

You fuck!

#nohomo


 [ 9x ]

You are deflecting again. !!   .. And that means that: YOU ARE A JOURNALIST JUANITA !!

And attention seeking??       .. Good deflect. But I'm probably too self centered to give a f^&ck about an ego. But you care about yours.    

TBH.. my job is to spot deceptive f^cks l.ike you all day long. Stop trying to push a narrative. And I will stand against you and your mind games against the pure honest people of this forum.      

You are a b!tch paid actor that jerks off on the weak hands that read this forum and dump to maintain the price of a hidden agenda of those that try to buy more. THEY SHOULD GET LESS .        

If you have accumulated enough during the years, you should tell your bosses to F^ck Off and move to some remote tropical chill place.    

Have fun Juanita! .. I will always keep an eye on you.    

In your recent posts, even skimming through your ramblings, you seem to have been somewhat in agreement with the message that there is value in gaining some stake in bitcoin... so for sure, any newbie in bitcoin has to determine how to get started exactly and then to create a somewhat reasonable approach towards building such BTC stake based upon his/her own assessment of his specific individual circumstances.

I doubt that anyone of us can push anyone towards how they engage in such early stages of BTC accumulation, even though DCA seems to be amongst the best of place holder approaches, and for sure lump sum investing and buying on dips can have some risks in terms of the possibility that the BTC price could go down before it goes up.  There are ways to balance all three approaches, but likely ONLY after some internal assessment of ones own individual circumstances which includes looking at cashflow, other investments, timeline, view of bitcoin as compared with other investments, risk tolerance and time, skills and abilities to plan, strategize and to learn along the way, which also may well involve tweaking strategies along the way, too.

There's also an element of determining establishing initial BTC stake - and then once achieving such initial BTC stake - which also could take a year or more to establish... then to determine how to manage such stake.. or to perhaps adjust the stake upon reassessments.  An initial stake could also involve putting 1% to 25% of overall investment portfolio value into BTC, and for sure the amounts are quite discretionary including that each individual might well end up having quite a different approach from another individual based on some minor differences in the individual circumstances (as I have already mentioned above).

Capisce?

NO !! to "Capisce?" ... !! I had a bit till the brink while reading that techno babble and thought you were gonna start talking about reverse lending and how the importance of the federal banks sustain the integrity and the blood sucking stock markets is a hallmark to humanitarian goals in sustainability.    

Are you f^cking kidding me?? Stop spewing negativity ! There is no risk in BTCiTcoin. I bought long ago and now I'm over 200x . And for those that buy small amounts, who gives a sh!t about those people?! .. Your 'techno babble' caters to someone that might actually 'invest' and would have a more substantial manifestation in that said investment.

SO F^CK YOU Juanita and your toxicity.
.... I WANT YOU TO SHOUT FROM ROOF TOPS : THERE IS NO RISK IN BTCiTCOIN !! !! !! !

Stop spewing excuses for deterring people from investing. Excuses like "cashflow", "other investments", "timeline", "individual circumstances".

THIS IS SPARTA!

THIS IS BTCiTCOIN!

You buy and you share it with your family if you DIE !! ! ! ! !

BTCiTcoin is not a greedy thing for greedy people. BTCiTcoin is communism and sharing.

Those that joined the club out of greed, they are in for the wrong reasons. Karma will come and it will come with bells & whistles.    

There is no risk in BTCiTcoin if you are not greedy and have no greedy intentions.     .. You are safe.    

"Capisce?"

(and I love kimchi)    

[ImThour]

$42,000.

[bitcoinPsycho]

$42,000.

43k in one hour

[ImThour]

$42,000.

43k in one hour

You jinxed it.

[bitcoinPsycho]

$42,000.

43k in one hour

You jinxed it.

I said in one hour . It's only been 8 minutes 

[ImThour]

Thank you

I appreciate it.

When and if BTC reaches 189k he will be up 2.3bill with an unrealized gain of course.

as 18 x 63 =     1.134 bill

and 18 x 189 = 3.402 bill

he can then sell 1.701 bill worth so that after taxes he would be close to the 1.134 bill he put in and also have 9000 btc worth 1.701 bill at no  cost.

I clearly understand that part and I am sure no one can time the market correctly but don't mind me, there are various on-chain analysis which do provide some information on when to buy and sell Bitcoin.
Maybe because 18,500 BTC is a really big amount (atleast for me), I am feeling he should have DCAed it down for a month or 2 but anyways, everyone have a different game plan to play this game.

I personally believe that period close to halving is the best fucking buying opportunity for the upcoming years.


I would love to buy BTC at $50k at halving rather than buying it at $42k today in between the cycle.
As I said earlier, everyone got a different game plan however the goal is same, financial freedom. BTC

[ImThour]

$42,000.

43k in one hour

You jinxed it.

I said in one hour . It's only been 8 minutes 

Yea, you jinxed it. Now it won't go above $42,999, that's what I meant.

[ChartBuddy]

Explanation

[bitcoinPsycho]

$42,000.

43k in one hour

You jinxed it.

I said in one hour . It's only been 8 minutes 

Yea, you jinxed it. Now it won't go above $42,999, that's what I meant.

Sorry but I don't possess that type of power. I can only see the future

[ImThour]

$42,000.

43k in one hour

You jinxed it.

I said in one hour . It's only been 8 minutes 

Yea, you jinxed it. Now it won't go above $42,999, that's what I meant.

Sorry but I don't possess that type of power. I can only see the future

Okay boss, you still have 34 minutes to prove this. $43k it is.

[bitcoinPsycho]

$42,000.

43k in one hour

You jinxed it.

I said in one hour . It's only been 8 minutes 

Yea, you jinxed it. Now it won't go above $42,999, that's what I meant.

Sorry but I don't possess that type of power. I can only see the future

Okay boss, you still have 34 minutes to prove this. $43k it is.

Lol hope so

[ImThour]

$42,000.

43k in one hour

You jinxed it.

I said in one hour . It's only been 8 minutes 

Yea, you jinxed it. Now it won't go above $42,999, that's what I meant.

Sorry but I don't possess that type of power. I can only see the future

Okay boss, you still have 34 minutes to prove this. $43k it is.

Lol hope so

Great, I don't know what future you saw but we went up by $100, not $1000.
I doubt this too -> $120000 by 2023 confirmed 🍄💊

[bitcoinPsycho]

I think I've jinxed it