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

[BitcoinBunny]

That is very interesting data that no one would have appreciated had you not pointed it out.

Am I no-one to you? Apparently, but who gives a shit, certainly not me.

Me thinks he wants to point out who controls Bitcoin.
We know for a fact that the top-noch miners are made in China, and that they had hashrate dominance for the best part of ten years, so …
But that doesn’t mean that they still hold most of the Bitcoin pie, nor control it.

Bottomline - they control it up to a point - and kindly correct me if I’m wrong exphorizon.

You need evidence if you are going to make various arguments in regards to who supposedly controls bitcoin and how they supposedly control it.  Probably also, you might need to consider the various ways that they supposedly control it in terms of the growth or lack thereof in the network effects, as outlined by trace mayor.

You are referring to what mining?  or ownership of BTC? or developers?  or how bitcoin is used?  or financialization?  or progress towards world reserve currency (or lack thereof?)?

Each of those areas have several subcomponents too... so sure maybe you can say that if you control one or two of the areas, then you would not need to control the rest because the rest would end up being a kind of facaade.. or a fake sense of reality that does not exist.

Only the good die young.

Crap squared, you fucking little weasel.

FTFY

BTW, our motto .....

Give me a break.  

Observing 37,750@stamp

Price dipping and wondering why…. Then Twitter hit:

All is clear now.

If I were Apple, I would definitely be bagging up.

But then, I'm not a woke, hypocrite, poofter, ideolog I guess...  

Of course, percentage-wise of investment of company assets into bitcoin, it is going to be almost impossible for any kind of company, except one that is fairly centrally controlled like MSTR to be able to accumulate anything close to that level of its treasuries into something like bitcoin.  Apple may well be several hundred times the size of MSTR in terms of it's treasuries and its cashflow, so it probably could take a way whimpier bitcoin strategy and still end up with way more bitcoin that Saylor/MSTR, yet at the same time, it seems quite unlikely that they are going to even try to do anything like that... and they probably could not be covertly with more than a couple of billion, even if they could somehow get away with that?  And, even Tesla would have had some similar abilities to pass up Saylor/MSTR, but they need to have some level of willpower and commitment (beyond the administrative difficulties).

Any company that is going to try to either catch up to Saylor or to pass Saylor is going to likely have some troubles accomplishing such, especially without also having decently large impacts on moving the BTC market price.

At this rate, I have my doubts that Saylor is even going to stop at 210k BTC, even though that would be a nice round number of BTC to have and maybe even to maintain.. so if he goes beyond 210k BTC, then he could keep buying more but then saying that he and/or his company will never go below 210k BTC... so then after getting above that number he could declare that he has enough.. but Saylor no does not think like a normal person.. so probably he will not be able to stop accumulating and amassing more and more bitcoin.

Saylor is a true believer which I respect, rather than being just another hack which so many of these famous people who got catapulted to stardom through Bitcoin or via shitcoins turned out to be.

I doubt he has a set goal in mind.

Too much is never enough.

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[bitcoinPsycho]

https://www.bbc.co.uk/news/technology-67564205


"Up to three billion people worldwide already experience water shortages, a situation which is expected to worsen in the coming decades, the study notes"


You bastard Bitcoin, how dare you

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

From a different article about Neonazi networks, i learned that this hand signal means "white power" in the racist universe  

I heard some experts, and even saw some "live shots" of the symbol - seeming to mean: "Wall Observer"

Who would-a thunk?

There may be a way to do WO with two hands.  One hand would show the W  which is three fingers up and then the other hand would show the O.. but then Fillippone would have to use his other hand (if you know what I mean?) to hold the camera.  And I have my doubts that he is that talented.

Hmm, i had an idea: pinch thumb and little finger, so it looks like an O with a W on top when facing the balm.
And yeah, size can't compensate for talent, that's right!  
But if he could hold the phone with his "arm", it is missing the finger(s) to touch the screen, so one might be more successful by holding the phone with the mouth and touch the "button" with the tip of the tongue. He may become a legend, not only here, but in a show called like "Italy's Got Talent"  
No offense, my italian board member collegues, i personally like the italian style. Forza Italia!  

Musk has gone up in my estimation after literally telling woke shite hypocrite companies to go F themselves.

Maybe I should buy that Tesla after all.

Two different pairs of shoes. Teslas are almost outdated. Wait two years to buy electric cars with advanced solutions for the range and longevity problems of current batteries, not to speak about their tendency to burn and/or explode on failure.

[eXPHorizon]

Musks Eyes have been opened regarding Palestine Terrorista. Respect to Musk.

Among other things..

He aint at fault for N.T he kinda gives respect to him by showing the world what Teslas motors and igenuity can do..


Do you know the difference between Justice and Punishment ?




We are almost here




Lets not go back in the Genome chain shall we.. Much more greatness awaits out precious species.

Interstellar and Interdimensional travel is so much in our grasp i can almost taste it.

https://youtu.be/Dvi6n89JWUY

[OutOfMemory]

Now that was that kind of facepalm which did quite hurt on my forehead... 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[danadc]

It seems that many good things are coming and it is expected that the price of bitcoin will continue to increase. I have always thought that every correction in bitcoin is because it will bring Something good, and that is why I came across this Information from a Trader:

According to the analyst, BTC is still steeped in the pre-halving phase.

“Bitcoin is still in the Pre-Halving phase

But after the Halving, Bitcoin will spend a few weeks in Re-Accumulation (red) before rally into a parabolic uptrend (green).”

Original Source: https://dailyhodl.com/2023/11/30/crypto-trader-says-bitcoin-btc-retracement-could-lead-to-parabolic-uptrend-heres-what-he-means/


I think that what the tader says is true, it is as if he were grabbing the flight for a great jump upwards.

In Addition to this that can become a reality , I think that what is Coming now like the Bitcoin ETFs are very Good , and that this can boost the price even more , only this can occur Before Bitcoin in the Pre-Halving:

Franklin Templeton’s spot Bitcoin ETF application is the only one that has not yet filed an S-1 update. This, coupled with the SEC’s delay, has led to speculation that the regulator may be planning to approve all pending spot Bitcoin ETF applications simultaneously. This move would help maintain fairness among applicants and avoid potential market disruptions.

The approval of spot Bitcoin ETFs would be a significant development for the cryptocurrency industry, opening up new avenues for institutional investment and potentially boosting Bitcoin’s adoption and mainstream acceptance. As the SEC’s decision deadline approaches, anticipation continues to build for the regulator’s final ruling.

Source DailyCoin: https://dailycoin.com/delayed-sec-decision-fuels-mass-bitcoin-etf-approval-hype/

I have said it many times, but I think that the current price of bitcoin is a bargain, you have to buy it before it rises to unimaginable prices.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[avp2306]

It seems that many good things are coming and it is expected that the price of bitcoin will continue to increase. I have always thought that every correction in bitcoin is because it will bring Something good, and that is why I came across this Information from a Trader:

Maybe there's correction might happen but usually hype starts at month of December when halving good effect speculated to happen next year so provably we can see more from it and maybe we can see bitcoin to play at $38k-$39k at the end of this month.

But looking forward for more about this since its good if we can see a good finish this year and BTC could reach at $40k since this could provably influence people to hold more and speculate for more better figures to come next year.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Wimex]

https://www.bbc.co.uk/news/technology-67564205


"Up to three billion people worldwide already experience water shortages, a situation which is expected to worsen in the coming decades, the study notes"


You bastard Bitcoin, how dare you

Well, what the article says is partly true and although it is mainly about analyzing the consequences of BTC mining, I think that not everything can be credited to this, there are other factors that harm and also cause water shortages for generate electricity, ignoring this and for bitcoin to continue being created without inconvenience or more restrictions than those attributed to it, it would be advisable for more of those dedicated to this task to look for alternatives to stay active, today there are many options that can work, perhaps more expensive than what is normally used but it can be beneficial in the long term, so that  they are not blamed for this activity and are seen as an industry that contributes to this event by avoiding the acceleration of shortages.

[JimboToronto]

Now that was that kind of facepalm which did quite hurt on my forehead... 

 

Was that facepalm for a local BCT troll or a BBC-quoted Dutch moron?

Maybe a double facepalm is in order.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Out of mind]

It looks really interesting that 10 years ago a man caught a Bitcoin QR code at a football game. And asked his mother for bitcoins.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

[edited out]

Saylor is a true believer which I respect, rather than being just another hack which so many of these famous people who got catapulted to stardom through Bitcoin or via shitcoins turned out to be.

I doubt he has a set goal in mind.

Too much is never enough.

I think that any of us can still be true believers, and still conclude that we have enough BTC.

It is not easy for someone like me to criticize what Saylor is doing, because the world does benefit from a variety of perspectives, including his level of ongoingly investing large amounts into bitcoin.     
 
Those kinds of strategies are also not necessary for normies to emulate without getting themselves into trouble, even though it might show some normies that they are being too whimpy in their bitcoin approach.

I personally have not changed my strategy because of Saylor, even though surely his ongoing buying does give me several assurances, and I even use him as an example of what people can do and still not overdo it that is much more than what I personally do, and even though I largely suggest normie newbies to start out with something between 1% and 25% into bitcoin, Saylor kind of brags about being "more than 100% in," which is also a bit misleading to compare him with normies, so there were likely some normies attempting to do what he was doing and ending up recking themselves, and I am not going to necessarily blame Saylor for that, but I am also not going to suggest that "too much is never enough," because sometimes, too much is actually too much.

I felt like I had too much BTC in 2015 in terms of my own goals and I have been dealing with that ever since, and surely I have not sold very many of those BTC, but I have pretty much stayed with the perception that I have too much BTC.. but it still feels good at the same time.. so maybe at this time, my BTC might be in the ballpark of 70% to 75% of my total networth.. or my various quasi-liquid assets that I consider constitute my overall investment portfolio.. I do have to get my monthly accounting in order.. but I think that is about where I am at... .. but still for me that is either enough BTC or even too much BTC.. so it does not really feel like a bad thing, but I suppose if BTC prices were to go below $10k I might start to wonder?  Why do I have so much BTC?  .. but yeah, does not seem too likely that we are going there.. and if we end up going below $10k I will have to deal with it because I will likely be buying all the way down.. probably at least down to $13k.. and probably a bit lower.. Even my contingency plans for below $17k are starting to get weak at this time.. .I must admit.... so why prepare for things that seem quite unlikely to actually happen?

I have not exactly placed my down odds, but surely it is starting to seem like anything even below $22k is seeming realy quite unlikely, but I still don't mind preparing pretty decently for a bit below $20k.. just like I was mostly prepared for down to $20k in 2022.. but my preparations below $20k were not that great.. and so those can be trying times and some of us not really having a very much money available to buy more if the BTC price were to keep going down.. so just HODL.. maybe cut various expenses.. resume DCA that had not really been used very much since 2015.. .. all of this as a result of both having enough and even having too much BTC.

I feel that I am in a pretty privileged position to still not have to really take any real drastic moves, even though we spent a couple of months in those kinds of way below $20k lows.. and probably we even spent closer to 7-8 months bouncing around, testing $20k and not getting too far above $20k. and there was even a revisit of sub $20k in early March 2023.. so yeah. going back up from there surely can bring back some more confidence, but there still are moments of feeling like having too much BTC.. while at the same times having BTC that at worse was only 16x to 20x in profits during the worst of the periods, and surely other people with larger holdings in BTC but their BTC might well not have been so great in mine in terms of the level of profits that they were in the worst of 2022 and early 2023..

So I guess that I am not even really referring to the newbies who would still be able to lap up bitcoin during those times but yeah we cannot presume the circumstances of the newbies because sometimes even the newbies are going to be feeling like they have too much bitcoin, while they continue to buy more similar to how I was starting to feel in 2014 and 2015 when the BTC price kept going down and seeming like it did not want to start to go up.. so at some point I started to feel like I had enough and even too much, but I continued to buy... which was already part of the system of bringing down the average cost per BTC in the stash, even if the overall BTC portfolio was more than 50% in the red.. so maybe there were some times that it was ONLY 36% or so in the positive.. , so each purchase brought the average price down, but each purchase was a drop in the bucket as compared with how much that had already been put in at higher prices.

I probably have made my point well enough.. ,.. even though I do feel a bit of rambling to have had taken place.