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Question: Price Target for Nov. 30, 2024:
<$75K - 4 (3.3%)
$75K to $80K - 1 (0.8%)
$80K to $85K - 2 (1.7%)
$85K to $90K - 10 (8.3%)
$90K to $95K - 15 (12.4%)
$95K to $100K - 27 (22.3%)
>$100K - 62 (51.2%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26571264 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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January 11, 2023, 05:01:18 PM


Explanation
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January 11, 2023, 05:17:58 PM

today's airspace over america and over europe... Grin

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January 11, 2023, 05:24:44 PM
Merited by JayJuanGee (1)

some morning news


flights resuming in the US after a major outage, expect delays....snafu?

pilot alert system crashed causing 5400 flights delayed and 900 canceled..

https://www.reuters.com/business/aerospace-defense/us-faa-says-flight-personnel-alert-system-not-processing-updates-after-outage-2023-01-11/


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

a small sigh of relief from Serbia?

https://cointelegraph.com/news/albright-capital-drops-lawsuit-against-terraform-labs-and-do-kwon

https://assets2.pacermonitor.com/filings/Albright_v_Terraform_Labs_Pte_Ltd_et_al/Albright_v_Terraform_Labs_Pte_Ltd_et_al__nysdce-22-07281__0079.0.pdf

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

some tidbits..

https://dcgupdate.com/

https://twitter.com/BarrySilbert/status/1612890612507807753



-----------


dyor



shahzadafzal
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January 11, 2023, 05:25:07 PM

today's airspace over america and over europe... Grin



"All US flights grounded due to computer glitch"...

Don't believe them... I'm telling you guys.. UFO...!!!!
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January 11, 2023, 05:29:12 PM

Hi,

I'm from Dubai and I can see that bitcoin is now rising again. Is it a good time to invest now? I'm new to the cryptocoins Sad

Thanks in advance

Be like JJG and set a DCA plan into effect.

Pick a dollar amount say 200 a week and buy 200 a week for 200 weeks in a row.

Be sure you can afford to do that.

Also set aside a lump sum to  buy the dip.

ie we are at 17.3k

set aside 15000 for buys at 16k, 14.5k and 12.1k

So the plan above is a plan to invest 40,000 over 200 weeks and as much as 45,000 more in that same time frame.

Obviously do not spent the above amounts if they are unaffordable and that is a real key spend only what you can lose and no more.

200 weeks of dca'ing!! dude thats crazy, don't do that

Buy ~50% of what you ideally would want to invest right now.
then buy more if price is significantly lower then your initial buy price.
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January 11, 2023, 05:29:13 PM
Last edit: January 11, 2023, 06:37:12 PM by Paashaas

today's airspace over america and over europe... Grin



Pics you showed are US and European railroad network comparison.
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January 11, 2023, 05:48:24 PM

I buy new ones because I want to make sure they are perfectly sealed and waterproof, so I can wash them under running water when they get dirty.

I believe that my first cell phone was sometime in the mid-90s, even though I cannot remember exactly.. yet it seems that once I started using cell phones, I had never not had one (Oh and I am pretty sure that my first mobile communication device was a beeper in 1996 - but I am not 100% sure that I did not have a mobile communication device prior to that)... anyhow, the point that I am wanting to make is that I cannot remember ever feeling any kind of need to wash any of my devices under running water when they get dirty.. but I know sometimes, I want to listen to them and to take them in the shower.. so there is some needs for some level of water proof and water resistance.. and surely, there are concerns about dropping in the toilet and things like that, which has never happened to me, either.

In the 2009-2012-ish timeframe, I used to go through all kinds of bluetooth headphones because of their lack of waterproofness, especially sweat from the ears going into the buds.. I used to buy those around the back of the neck ones.. and geez I remember paying $60 per pair in 2010-ish.. and then maybe they ended up coming down to $30 per pair in 2015 or 2016.. and then even it seems that I had trouble with the over the head earmuff type ones too for many years. I went through a lot of those too... I bet I had gone through more than 40 headphones between about 2009 to 2017.. I think that the waterproof (sweatproof) technology got better for the blue tooth headsets after that.

I see cell phones as an object of daily utility, not as a status thing (lol).

For sure.  Audio.. gosh I used to go through a lot of mobile cassette players... prior to digital transformation.

There is no reason for me to change them every year.  

I'm usually not more frequent than every couple of years, but there tends to be a hand-me-down component that I have historically done..

I have always tended to buy top of the line and part of my thing was storage.. and I had developed systems to try to keep as much music as possible.. so when the memory increased, then I would get a new phone just for the storage.. 1 TB.. around 70k songs.. why not?

I am pretty sure that the top of the line storage in 2014/5 was around 64GB.. and then in 2016-ish was 128GB .. so seemingly vast improvements with each of those doublings.. 256GB, then 512GB and then now 1TB.. I might do 2TB.. but it seems that 1TB getting almost all of my music.. which was something that I like to have.. but then it is not really that I need any of it any one given time... I tend to listen to podcasts on the phone more than music anyhow.. but music tends to play through my computer on a nearly ongoing basis since around 2010-ish.... and I do not tend to stream.. just play already stored songs.. which causes me not to keep up to date with trends as well.. .. but still there is quite a bit of synching of computer songs with phone songs.. which is great.. which is one of the utilities... and a lot of other utilities, too.. can you imagine how many pictures that we have with a pretty advanced camera in our pockets.. and easy peasy to store those too. as compared to just 5 years ago.. and who took pictures with their phones prior to 2007?  Not very common, even though technically possible to see those grainy photos for the phones that even had a camera.. why would you need a camera on a phone?  hahahahaha  I am not even saying that cameras everywhere bring us freedom exactly.. we (the normies) are kind of getting beat up by some of these technologies, too.

Actually, I like it when they get a little bit older and lose value, so I can handle them more naturally without any fear that they get scratched or brake.

Subscription in the country I'm in are dirt cheap when going for Sim only (without phone).  6GB monthly data, free calls, free messages at 6$/month.

quite a bit of world-wide mobility.. something that the powers that be seem to hate.. and are surely engaging in ongoing draconian measures to try to disempower normies in regards to their mobilities.. it is o.k. for the elite to be mobile, but not for the riff raff.
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January 11, 2023, 05:50:25 PM
Merited by Paashaas (3), JayJuanGee (1), Toxic2040 (1)

@DU09BTC
🚨  This is the first bear market where #Bitcoin  was scooped up no matter the price.

Look at the green line. It's at ATH!  🚀

15 mil #BTC  is being stored in cold wallets. That is 78% of all #BTC 

Only 4 mil left for the rest + 2 mil to be mined. Not much.

The future is bright.
https://twitter.com/du09btc/status/1613161469369286656
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January 11, 2023, 05:55:24 PM

Hi, is it doing well Cry

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January 11, 2023, 06:01:21 PM


Explanation
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January 11, 2023, 06:21:36 PM

@DU09BTC
🚨  This is the first bear market where #Bitcoin  was scooped up no matter the price.

Look at the green line. It's at ATH!  🚀

15 mil #BTC  is being stored in cold wallets. That is 78% of all #BTC 

Only 4 mil left for the rest + 2 mil to be mined. Not much.

The future is bright.
https://twitter.com/du09btc/status/1613161469369286656



That's because there was no blow off peak this time. No clear overvaluation means no reason to sell for accumulators.
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January 11, 2023, 06:24:29 PM
Last edit: January 11, 2023, 07:10:18 PM by JayJuanGee

Quote of the day  Cheesy

"...along with coffee from Mcie Dees. but I don't know about McD's coffee.. I am sure some folks would brag about it, until it burns them in the muffin."

hahahahaha

I was not sure if anyone was going to actually catch that one.

Good eye.

Hi,

I'm from Dubai and I can see that bitcoin is now rising again. Is it a good time to invest now? I'm new to the cryptocoins Sad

Thanks in advance
Be like JJG and set a DCA plan into effect.

Pick a dollar amount say 200 a week and buy 200 a week for 200 weeks in a row.

Be sure you can afford to do that.

Also set aside a lump sum to  buy the dip.

ie we are at 17.3k

set aside 15000 for buys at 16k, 14.5k and 12.1k

So the plan above is a plan to invest 40,000 over 200 weeks and as much as 45,000 more in that same time frame.

Obviously do not spent the above amounts if they are unaffordable and that is a real key spend only what you can lose and no more.

I like your idea.. but there still is something wrong with your numbers not adding up.

$40k plus $15k = $55k, not $45k... unless you are suggesting to invest $100k total in 4 years ($40k + $15k + $45k).. .. which is not totally unreasonable.. but it is a pretty BIG budget for most normies.. even some richie from Dubai.

There is also the concept of a newbie frontloading and buying a bit right away... but yeah all of that $15k might not be available right away, even though there could be a cashflow that could end up providing $40k over 4 years.. perhaps?

If someone is surely in a position to have $15k right away, then I would likely buy somewhere between $5k and $7.5k right away.. and then spread out the remainder on buying on dips and DCA... There might be some issues if the buying on dips is diluted a bit so it could be supplemented by incoming cashflows.. and there could be a bit of dividing up of new money that comes in for both DCA and buying on dips... and usually we should be able to project that our income should be able to go up each year, so if you are trajectoring out $200 per week for four years, then you are actually tapering off the amount of free cashflow that is going into BTC, which is not necessarily wrong, but it should be a conscious choice if that is what you are actually wanting to do or if that is how you are actually wanting to structure your (not you specifically, but you know you generally?) future BTC purchases.  

I don't really have any problems with tapering off DCA amount through the years.. whether it is nominal amounts or just in terms of percentage of your free cashflow because there should be some comfort in terms of having had front-loaded a wee bit in the earlier years.. however at the same time, if someone (a bitcoin newbie normie) has a possible retirement trajectory (or fuck you status timeline) that they anticipate to spread out over 30 to 40 years, but they are hoping that they might be able to cut in half through possible persistency and luck, then they should anticipate some level of increase in their investment level with the passage of time with an expectation that their cashflows should go up.. as long as they are not getting too compelled towards ostentatious consumption.
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January 11, 2023, 06:37:05 PM
Merited by LFC_Bitcoin (1)

Hi,

I'm from Dubai and I can see that bitcoin is now rising again. Is it a good time to invest now? I'm new to the cryptocoins Sad

Thanks in advance




you're welcome

haha...I guess Saudis figured that oil is not enough for them to afford Ronaldo's wages.
Dubai is not SA, though
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January 11, 2023, 06:49:12 PM

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January 11, 2023, 07:01:18 PM


Explanation
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January 11, 2023, 07:04:22 PM
Merited by NeuroticFish (3), philipma1957 (1), JayJuanGee (1), HI-TEC99 (1)

FTX have found some "change" in the couch:

https://www.wsj.com/articles/ftx-says-it-has-located-more-than-5-billion-in-cash-liquid-assets-11673452986

facepalm
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January 11, 2023, 07:15:25 PM
Merited by bitebits (1)

__snip__
JJG you must be using the speech to text or something like that as I know you definitely, you are the first one who gave merit to me and advised me to improve post quality. As your post length is amazing, there are two ways that I assume from your post length one of them is you may be one of the fastest typers another one is you might be using some voice-to-text tools. For such lengthy posts, I would like to know how many words you an type in 1 min.

I type my posts.  I do not use speech to text.

I type around 40 to 50 words per minute.. and also depending on if I am better rested or if I might be a bit slower on some days, too.

I do feel that I ramble some times, and surely I have been criticized for being repetitive.. which I cannot really deny the factual truth of that accusation.. not that I am going to agree to change what I had already decided to do in terms of what I chose to post or how much I choose to read back over my posts before I submit them..

Regarding post quality.. each of us will have a differing view in regards to what we might consider to be better or worse post quality, so I personally consider posting from personal experiences to be good and then trying to back up what you say is also a good thing.

Also, generally speaking, I do consider it to be better to say why you are posting a link or to explain if you support it or if you are against it... but I will still send merits to low quality posts that are posting links to decently good linked information that might NOT have been previously posted.. which is not always so much of a great idea to encourage those kinds of not so great posts.. but still, I appreciate when there is quality contents that seem to be on-topic or otherwise good information that somehow resonates with me or even with my then current mood, even if the substance is coming from the information contained in an outside link...

Also how many posts on average do you post on Bitcointalk? 

26k+ posts imagine a person from 3200+ days active on BTT and if you consider no leave its around 8 posts daily.

Yes.. that 8 per day is about right.. and it is not even close to the quantity that Philipma posts.. not that I am trying to catch up to either him or to chartbuddy.  When I first got on the forum.. I purposefully tried to limit the quantity of my posts to just a couple per day.. but I stopped limiting myself in more recent years... even though just like a lot of other peeps (or wannabe peeps) sometimes I do have to carry out some other real world activities, too.

I think its enough to at least have a chat with every active BTT account. 

Of course, if we are somewhat interactive, through the years, we do end up exchanging communications with several of the main forum members.. but at the same time, I try (or prefer) to do most of my communications with other forum member publicly rather than  through PMs... even though every once in a while there does seem to be a need or a preference to take things to PM... I also prefer to try to talk more about substance.. such as bitcoin rather than getting into squabbles, but sometimes the squabbles are difficult to avoid.. each of us have egos.. and sometimes my own ego becomes a problem, too.. not that I would admit that publicly in terms of any specific incident... hahahaha I remember recently agreeing that I was wrong about something with Franky1.,. .. hahahahaha.. Can you imagine that?  Actually, I did not exactly admit that I was wrong, even though.. I mostly did.

[edited out]
200 weeks of dca'ing!! dude thats crazy, don't do that

Buy ~50% of what you ideally would want to invest right now.
then buy more if price is significantly lower then your initial buy price.

That's a kind of retarded suggestion that you have in terms of general applicability.

In udder words, generally speaking, the financial and psychological practicalities of normies no doesn't work like the way that you are wanting them to work.

In udder words, you seem to be wanting to push normies more into gambling than they already tend to want to do.. which is emphasizing the wrong kinds of tendencies that no does not work out too good for actual long term investing...


Yeah.. I posted a general response about that recent revelation, here.
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January 11, 2023, 07:57:31 PM

More weapons to the black hole called Ukraine.

Britain discusses how to send ‘game-changing’ tanks to Ukraine
https://www.politico.eu/article/british-tanks-game-changing-ukraine-uk-no-10-says/

 Roll Eyes

Everything is "game changing".

They just need that next thing and after that the next game changing thing until we accept western boots on the ground.

Mark my words.
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January 11, 2023, 08:01:17 PM


Explanation
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January 11, 2023, 08:04:15 PM
Merited by fillippone (3), xhomerx10 (1), Paashaas (1), d_eddie (1), DdmrDdmr (1), bitebits (1)

Let’s grind up brothers
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