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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26863802 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.)
ChartBuddy
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Jolly? I think I've heard that name before. hmm


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October 12, 2023, 05:12:16 AM

I'm afraid of heights but I have big dreams even though I often talk nonsense
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October 12, 2023, 09:59:23 AM

Site was down for almost three hours and its also confirmed by ChartBuddy since he missed three slots of posting at:

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Site is back and so ChartBuddy next chart will appear at 10:01AM
 
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October 12, 2023, 11:25:51 AM
Merited by JayJuanGee (1)

Debt time bomb

Tick...tick....tick.....

Biden borrowing binge driving ‘unsustainable’ rise in global debts, warns IMF
https://uk.yahoo.com/style/biden-borrowing-binge-driving-unsustainable-175346283.html
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October 12, 2023, 12:03:27 PM


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October 12, 2023, 12:04:36 PM

Debt time bomb

Tick...tick....tick.....

Biden borrowing binge driving ‘unsustainable’ rise in global debts, warns IMF
https://uk.yahoo.com/style/biden-borrowing-binge-driving-unsustainable-175346283.html

I made a post on it a few weeks back in time here, this Tick....tick is going to end sooner, and the worst-case scenario we are going to face gonna destroy the whole economic cycle. It really doesn't matter now the gap is too big $32.6 trillion to $23.32 trillion.

Any chances of Bitcoin standards ??
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October 12, 2023, 02:29:48 PM
Merited by danadc (2), vapourminer (1), OutOfMemory (1), WatChe (1)

almost 10 years of bitcoin for me.. .. life before bitcoin and life after getting into bitcoin.
My 10 year anniversary in bitcoin is in May 2024. Hopefully we have an approved spot ETF by then & an ATH maybe.

I was a fresh faced mid 20’s noob back then. I have done very well from bitcoin but my God, it ages you.
Haha weird, but my birthday falls in May, and the surprise or gift you're considering could very well be the most remarkable birthday present. Speaking of gifts, there's a promising prospect on the horizon – the approval of a Bitcoin ETF by April 2024. This will mark my fourth year of being involved with Bitcoin, which, in its own right, feels like being an early adopter. But regardless, I can't wait to see what the future holds! for me & BTCitcoiner

There are so many folks who have not yet gotten into bitcoin, so for sure making it through a full cycle is nearly putting you at OG status... give it another 10 years, and you will likely really be starting to feel that you have been a bitcoiner for like forever, especially since I suspect that we may well still be having half or more of the population without any or hardly any exposure to BTC... and sure it is hard to say what the level of BTC's adoption will be in the next 10 years - perhaps in the 10% to 20% range?  That would be bullish.. ...  

I would like to be surprised with higher levels of adoption.. and so many crazy things could end up happening in the next 10 years.. and I hate having doom and gloom thoughts.. so maybe it is just easier taking one day (step) at a time.

Have you reached your BTC accumulation goal, then if not keep accumulating.

If you are in your maintenance stage, you might be accumulating and liquidating.. so attempting to keep some kind of a meaningful balance.. not easy with such a volatile asset.. even when some of us feel that we have decent systems in place.. we still might have some questions regarding how to manage/maintain it.

You could just leave your various shitcoins on that old seed, too... and in that way, if you ever wanted to access the shitcoins, you would just restore your old seed onto your ledger.. which would be wiping your new seed, reinstall your old seed, do whatever transactions you want to do with your shitcoins, and then reinstalling your new seed.. to the extent that you did not follow the earlier suggestion of just buying more than one ledger.. so in some sense I personally believe that it is is better to have aa few different hardware wallets around... even if some of them might cost a bit of money... but if you can buy some expensive spectacles to capture dee neanderlands in dee skies, you likely could afford an extra hardware wallet or two.. and presuming that you have more than 0.00419312 BTC that you are securing.  #nohomo
It's not the cost. I was struggling buying a second ledger, beause i had mixed experiences with my first one. It was a present for my wife, but she didn't use it, so i asked her to use it for backup. The second one has one of the buttons not going as smooth as the other one. However, i was interested in Trezor in the past, too. I don't remember which reason exactly kept me from buying one, in the end. Personally, i wouldn't have any problems intermediately (if that is even correct english?) storing my Bitcoin "on paper" and distributing them to future hardware wallets. I'm generally curious, so i guess i will use other different hardware wallet solutions in the future, too.

Today, Trezor just announced a new hardware wallet (Trezor Safe 3) that seems to be quite competitively priced.. ... They are accepting orders, and it is supposed to start to ship in mid-November.

https://trezor.io/trezor-safe-3

I still have some troubles understanding how a hardware wallet with a secure element could be open source.  If anyone can explain or even point to some sources, that would be something that I would be interested in hearing a bit more about how that can be done.

Site was down for almost three hours and its also confirmed by ChartBuddy since he missed three slots of posting at:
07:01 AM
08:01 AM
09;01 AM
Site is back and so ChartBuddy next chart will appear at 10:01AM

Did "we" miss anything during that "down" time?  besides chartbuddy?
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October 12, 2023, 03:01:19 PM


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October 12, 2023, 03:31:55 PM

Can this CPI actually affect the price of BTC that much? Here is an article that talks about how important it is, although I think that the price of Bitcoin moves in other ways:



Quote
On Oct. 12, the September print of the Consumer Price Index (CPI) bolstered the trend, coming in at 3.7% year-on-year versus 3.6% expected. Less food and energy, the tally was 4.1% — matching forecasts.

“The all items index increased 3.7 percent for the 12 months ending September, the same increase as the 12 months ending in August,” an official press release from the U.S. Bureau of Labor Statistics confirmed.

    “The all items less food and energy index rose 4.1 percent over the last 12 months. The energy index decreased 0.5 percent for the 12 months ending September, and the food index increased 3.7 percent over the last year.”

Reacting, financial commentary resource The Kobeissi Letter nonetheless emphasized the tight spot in which monetary policy — and the Federal Reserve — now found itself.

Original Source: https://cointelegraph.com/news/bitcoin-cpi-btc-price-tackling-26-8-k}

Even so, with all this, I think that the price of bitcoin can rise to $30k, it may be that inflation has a very bad effect on fiat money, but this is Bitcoin, it is another world.

They say it can lower the price to "$24k-$35k" but that's what they've Been saying since the beginning of the year , it's not worth the points. I see them as excuses because they don't really know when bitcoin has a real effect due to some type of event in the market. world , I am Governed more by Israel's war than if it Affects me.
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October 12, 2023, 04:06:46 PM

Site was down for almost three hours and its also confirmed by ChartBuddy since he missed three slots of posting at:
07:01 AM
08:01 AM
09;01 AM
Site is back and so ChartBuddy next chart will appear at 10:01AM

Did "we" miss anything during that "down" time?  besides chartbuddy?

That's really a good question.
During 'down' time no one posted anything so we didn't missed anything AFAIK.



Meanwhile, ChartBuddy is still at number 2 in terms of Post count. philipma1957, is at number one in terms of post count.


https://bitcointalk.org/index.php?action=stats
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October 12, 2023, 05:03:23 PM


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October 12, 2023, 06:01:19 PM


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October 12, 2023, 07:04:50 PM


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October 12, 2023, 07:50:47 PM
Merited by JayJuanGee (1)

There are so many folks who have not yet gotten into bitcoin, so for sure making it through a full cycle is nearly putting you at OG status... give it another 10 years, and you will likely really be starting to feel that you have been a bitcoiner for like forever, especially since I suspect that we may well still be having half or more of the population without any or hardly any exposure to BTC... and sure it is hard to say what the level of BTC's adoption will be in the next 10 years - perhaps in the 10% to 20% range?  That would be bullish.. ...  

I would like to be surprised with higher levels of adoption.. and so many crazy things could end up happening in the next 10 years.. and I hate having doom and gloom thoughts.. so maybe it is just easier taking one day (step) at a time.

Have you reached your BTC accumulation goal, then if not keep accumulating.

If you are in your maintenance stage, you might be accumulating and liquidating.. so attempting to keep some kind of a meaningful balance.. not easy with such a volatile asset.. even when some of us feel that we have decent systems in place.. we still might have some questions regarding how to manage/maintain it.


As I'm here for the rest of my life I will keep counting on Bitcoin, In the coming cycle I'm sure around 20% to 30% population is gonna recognize Bitcoin as their priority.

Bitcoin accumulation goal, you mean that amount well for now I am not sure about what should be the specific number you can say untill now it's X, but I'm on the way.

Hmm, it's hard to say but with the passage of time my physiology about Bitcoin and the market is much more mature now, so most of the time I can say I've done well in handling the fear & FOMO.
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