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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26766054 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 1 users with 9 merit deleted.)
philipma1957
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April 02, 2023, 04:19:46 AM

Well Mother Nature played its own version of an April Fool's prank on my town in New Jersey.

Small Tornado hit about 2000-3000 feet from my home.

F1 some tree damage etc.

Not a very nice April Fools day. I do have a friend lives about 750 feet from tornado path I will check on her tomorrow.

Too many power lines are down to move around safely.

In no way do these storms match the ones in Arkansas and the midwest earlier in the week.

yeah saw that stuff hit NJ on the weather channel. glad youre safe, dont take any chances.

I will be driving out in the morning to go to the. mine in north jersey. I will look around a bit in my area to see how much damage happened.

We were lucky it was a smaller tornado 🌪️.

So far in New Jersey since 1992 this is third or fourth time  that they have be closer than 10 miles.

We are not exactly tornado alley.
JayJuanGee
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April 02, 2023, 04:30:14 AM

[edited out]
Honestly, I have no idea of the system's "state". Lots of statistical information seem to disappear from the interwebs, or so it seems.
My smallish (way below FDIC limit) cash is in an unnamed SIB, but even then I am considering to move most of it to the money market fund for now. About 55% of my fiat is in money market funds, 45% in some risky stocks (used to be 50:50 before 2022 stock market declines), no index funds or mutual funds other than money market.
5% is, of course, very little, and NOT a winning move in 2023 (so far), although it was in 2022.

In 2023, bitcoin is the clear leader, followed by both stocks and bonds, RE is underperforming for obvious reasons.
Mentally, I am almost ready to get out of money market funds before most people do the same, so will be looking at all indicators like a hawk.
Currently, and for the last year, not doing anything with bitcoin, for better or worse, just hodling.

I understand that there are some ways in which bitcoiners are not really representative of what most people do, since most people do not even have any investments outside of their house (if they own it, which not everyone does) and their 401ks (if their employer happens to offer one), and so if any normies have investments beyond those two classes of items, they are already in a largely smaller segment of the population (perhaps the elite.. or the more elite).

Bitcoin (and dare I say crypto) might well get some normies to actually start to think about "investing," but I have even run into some folks in real life who really cannot see it practical to invest into anything beyond property and stocks.. and maybe they prefer property.. but the stocks might be a way to just attempt to build up enough of a down payment, since sometimes young folks cannot even get into property until they have already accumulated a certain amount that they can "throw away" towards all of the expenses of making the down payment and various related "getting into it" costs.

The matching portion could be quite a lure... but even sometimes normies do not even take advantage of those kinds of matching type situations, and I think that part of the problem might still be the idea of wanting to stay somewhat liquid - since a 401k seems so intangible because it is a retirement fund, which is so far down the road (20-30 years for younger people), and maybe normies don't start to panic until in their late 40s.. and gosh it could be kind of late by then to really advantage from the compounding that comes from starting earlier rather than later.. same with bitcoin, start earlier rather than later and don't be tempted to cash out too early.. until the investment compounds several times.. and gosh we have seen it so many times, that people sell because they get a 50% return or even a doubling or a tripling.. and they end up getting nervous and wanting to lock in their profits.

I don't claim to know the solution, exactly.. but just to say that building an investment portfolio seems to be a bit of a minority demographic, generally speaking.

Satoshi Come back ......... Shocked

                      April Fool's Day

Someone had said something about that "satoshi" post, but I did not see the actual post or the link, and I did not do a search.. so I guess I had missed it while it was still live.. ...

About myself, I guess I am still patiently awaiting the moment when I can restart going full retard at "weeeeeeeing" all day long.

No hurry. It will come. Soon.

gembitz?  Is that you?
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April 02, 2023, 05:01:16 AM


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April 02, 2023, 06:01:21 AM


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April 02, 2023, 07:01:17 AM


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April 02, 2023, 08:01:18 AM


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April 02, 2023, 08:38:21 AM
Merited by vapourminer (1), Torque (1), LoyceV (1), d_eddie (1), HI-TEC99 (1), DdmrDdmr (1)

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April 02, 2023, 09:01:20 AM


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April 02, 2023, 09:04:32 AM

Bitcoin halving is going to start from 2024 according to experts. If the Bitcoin halving starts from 2024, then the price of Bitcoin will definitely touch two hundred thousand dollars..
 Kiss
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April 02, 2023, 10:01:18 AM


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April 02, 2023, 11:01:18 AM


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April 02, 2023, 12:01:21 PM


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April 02, 2023, 12:53:46 PM

Page parity next week.

I bet on a small pullback next week, and then continuation of up in the week after
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April 02, 2023, 01:01:18 PM


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April 02, 2023, 02:01:17 PM


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April 02, 2023, 02:09:55 PM

Someone had said something about that "satoshi" post, but I did not see the actual post or the link, and I did not do a search.. so I guess I had missed it while it was still live.. ...


Someone make a April Fool and create a fake post and said "Satoshi" Come back on Bitcointalk  Cheesy

Nice try.........  Grin
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April 02, 2023, 03:01:21 PM


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April 02, 2023, 03:56:31 PM

...
....

About myself, I guess I am still patiently awaiting the moment when I can restart going full retard at "weeeeeeeing" all day long.

No hurry. It will come. Soon.

gembitz?  Is that you?


I think this little gembitz went weeee weeee weeeeeeeeeeeee!....  all the way home...
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April 02, 2023, 04:01:17 PM


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JayJuanGee
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April 02, 2023, 04:16:30 PM
Last edit: April 02, 2023, 04:32:41 PM by JayJuanGee
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Bitcoin halving is going to start from 2024 according to experts. If the Bitcoin halving starts from 2024, then the price of Bitcoin will definitely touch two hundred thousand dollars..
 Kiss

You do not need to be an "expert" to attempt to calculate when the next bitcoin halvening is going to take place, and based on current progress in finding blocks, which is right around 1 block per every 10 minutes, the next halvening is likely going to be right around 1 year from now... .. which is merely just calculating out how many blocks are still needed to be mined before we get to 840,000 blocks (which is when the halvening takes place), and right, as I type this post, the miners are currently working on mining block 783638, since they just mined block 783637 8 minutes ago.. see the below caption..  

>>>>>>>
Latest Block:   783637  (8 minutes ago)
Current Pace:   101.8194%  (1430 / 1404.45 expected, 25.55 ahead)
Previous Difficulty:   43551722213590.37                            
Current Difficulty:   46843400286276.55                            
Next Difficulty:   between 47638465056257 and 47713203590655
Next Difficulty Change:   between +1.6973% and +1.8568%
Previous Retarget:   March 23, 2023 at 5:11 PM  (+7.5581%)
Next Retarget (earliest):   Thursday at 11:11 AM  (in 3d 23h 55m 17s)
Next Retarget (latest):   Thursday at 11:41 AM  (in 4d 0h 25m 43s)
Projected Epoch Length:   between 13d 17h 59m 46s and 13d 18h 30m 12s
https://www.bitrawr.com/difficulty-estimator
<<<<<<

so you could actually just calculate how many 10 minute chunks between the current block and the halvening block.

so we have had three halvenings so far, and this will be the fourth halvening.

Regarding your expectation of $200k bitcoin, by when are you expecting this, so that some of us might be able to plan accordingly?  

Do you expect it before the halvening or after the halvening, and then is that just a blow off top or a peak or will it be somewhat sustainable?

Have you already picked yourself up some bitcoin in anticipation of this, or are you still working on that part?

If you already have BTC, are you planning to sell some of it between here and $200k or are you just planning to continue to hold it, whether the price reaches $200k or more than $200k or not?  

Of course, your $200k number is pretty specific and BTC does not usually just move to any one price and then just stay there, but maybe this time is different?  What do you think?

Someone had said something about that "satoshi" post, but I did not see the actual post or the link, and I did not do a search.. so I guess I had missed it while it was still live.. ...
Someone make a April Fool and create a fake post and said "Satoshi" Come back on Bitcointalk  Cheesy
Nice try.........  Grin

Oh?   That makes sense. The merits might have thrown me off too..  even though maybe the first two merits that came from bumbacoin for 50 merits and sukamasoto for 30 merits should have had been clues that it was a fake screenshot... especially since I had never heard of those members, but I did not even really look very closely at trying to figure it out.  

Initially, I had thought that the forum might have activated satoshi's account for the mere purpose of the joke.. which does seem a bit much, but sometimes we seem to tolerate a lot of extremes in order to make April Fool's jokes.

.......
About myself, I guess I am still patiently awaiting the moment when I can restart going full retard at "weeeeeeeing" all day long.

No hurry. It will come. Soon.
gembitz?  Is that you?
I think this little gembitz went weeee weeee weeeeeeeeeeeee!....  all the way home...

HEY!!!!!!!!!!!!

Don't be writing off "our" (that's royal our) lil buddy so quickly.

  Angry Angry Angry Angry Angry Angry  
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