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

[OutOfMemory]

It's kind of sad that the EU does not follow suit and is still very anti-Bitcoin, but the US is bound to affect EU policy sooner or later.

The cunts unelected officials leading the ECB are not too different from the ones leading the Fed, actually. But the population in the EU is more fragmented and less sensitive to some issues - inflation in particular. There are wider differences from state to state than in the US, and single states can and will apply different corrective measures. Besides, people in the EU are mostly unarmed.

Let's once and for all kill the myth that europeans aren't armed shall we. https://voxeurop.eu/en/a-map-of-gun-ownership-in-europe/
I myself have seven firearms, revolver, pistol, rifles, shotguns, and a automatic carbine (fnc).

There are countries in Europe that has more civilian guns per capita than some states in the USA.

Even i, as a pacifist (with limits, though) own a WW1 carabiner (russian). Found it under the matrace of a man who was about to kill himself. Unlucky guy swallowed some pills and some cans of beer before he fell off the couch and hit his temple on the edge of the living room table, went unconscious and finally bleeded to death. The good part is that he was a real asshole. However, after me and my ex-ex-ex-girl, who happened to be his daughter, found him lying in his own blood, we had to clean up afterwards and found the rifle with ammunition. He wasn't in legal posession of the thing. Tested it using a wise and a rope and it didn't explode.
This one is for emergency use, of course. For staying in rough urban areas and nightly noises around the house i got used to carry a M32 hex nut and a paracord sling separately with me, which serve as poor man's baton after quickly being combined in the right way  
Also, i live in a rural area, so about every tenth man around is a hunter, and recently a retired gunsmith moved in nearby, so i am sure we are sufficiently armed around here  

A1C under 6= no diabetes, really.

Once you are diagnosed with Diabetes, it remain with you forever. There is no permanent cure of Diabetes and Blood Pressure so far. I have A1C under 6 but that doesn't mean my Diabetes is cured. If I deviate from my current eating and exercise pattern then A1C will start rising once again.  

IIRC, Diabetes is some sort of autoimmunity, and it's related to the intestines. There's a lot of research going on and sombody announced a promising cure lately. One can help it by reducing carbs that aren't healthy for other people, after all, but since a close friend got rid of his cancer with MSM (supp) and a diet (he lost appetite anyway, after parts of his stomach got removed), there are likely some ways successfully fight Diabetes as well. A lot of research is concentrated around gut bacteriae, but the microbiome is still a big mystery to science.

However, Bitcoin could accelerate research by orders of magnitudes, so maybe we'll witness some surprise some day when it comes to cure Diabetes.

[Biodom]

A1C under 6= no diabetes, really.

Once you are diagnosed with Diabetes, it remain with you forever. There is no permanent cure of Diabetes and Blood Pressure so far. I have A1C under 6 but that doesn't mean my Diabetes is cured. If I deviate from my current eating and exercise pattern then A1C will start rising once again.  

What you are talking about is the possibility of it coming back. Yes, maybe you will still have partial insulin resistance and this stays.
There is probably no peripheral neuropathy, retinopathy and nephropathy, etc. with A1C lower than 6.
In fact, 5.7-6.4 is usually considered pre-diabetes and below 5.7 is considered normal.

[Gachapin]

I hereby confess that today I sodled some at 105k+

As I'm bad at timing the market, we will probably go up soon...

Since 2016 I haven't sold anything from my stash... only forks and airdrops..

This is my way of celebrating the 100k ... there won't be any 100k parties anyways  


0.1% of my stash turned into fiat... enough for ramen + egg for the next week!

Thank you Badger King !

[OutOfMemory]

I hereby confess that today I sodled some at 105k+

As I'm bad at timing the market, we will probably go up soon...

Since 2016 I haven't sold anything from my stash... only forks and airdrops..

This is my way of celebrating the 100k mark ... there won't be any 100k parties anyways  


0.1% of my stash turned into fiat... enough for ramen + egg for the next week!

Thank you Badger King !

You did the right thing. "Timing the market" often ends in losses, it's really best to sell on the way up, but be aware that if you sell more than you just need at the moment, you could well recover your stash with the extra money within the next bear market.

EDIT: You guys may notice me posting more frequently again, since my actual daytime job is finished until February or so. It was very exhausting bc of tight deadlines but quite profitable, so i luckily don't have to sell Satoshis for a living.

[WatChe]

A1C under 6= no diabetes, really.

Once you are diagnosed with Diabetes, it remain with you forever. There is no permanent cure of Diabetes and Blood Pressure so far. I have A1C under 6 but that doesn't mean my Diabetes is cured. If I deviate from my current eating and exercise pattern then A1C will start rising once again.  

What you are talking about is the possibility of it coming back. Yes, maybe you will still have partial insulin resistance and this stays.
There is probably no peripheral neuropathy, retinopathy and nephropathy, etc. with A1C lower than 6.
In fact, 5.7-6.4 is usually considered pre-diabetes and below 5.7 is considered normal.

My doctor says that I don't have insulin resistance but my beta cells are capable of processing blood sugar if I control my weight or control my eating habit. I have A1C of 5 when I take one carbs meal a day but that causes weakness too. I have my A1C gone up to 6.3 when I deviate from my controlled eating plan.
I am too scared of nephropathy since my father has CRF and he died because of that.
I have a post that tells My Journey with Type-2 Diabetes, I posted it to tell everyone that DM can be controlled without medicines also.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

I hereby confess that today I sodled some at 105k+

As I'm bad at timing the market, we will probably go up soon...

Since 2016 I haven't sold anything from my stash... only forks and airdrops..

This is my way of celebrating the 100k mark ... there won't be any 100k parties anyways  


0.1% of my stash turned into fiat... enough for ramen + egg for the next week!

Thank you Badger King !

You did the right thing. "Timing the market" often ends in losses, it's really best to sell on the way up, but be aware that if you sell more than you just need at the moment, you could well recover your stash with the extra money within the next bear market.

EDIT: You guys may notice me posting more frequently again, since my actual daytime job is finished until February or so. It was very exhausting bc of tight deadlines but quite profitable, so i luckily don't have to sell Satoshis for a living.

That's really tempting, indeed. If I sell double the amount I can buy back everything at a 50% drop. Triple the amount, buyback at 33% drop and so on.

However I have also had the experience selling too much with the market going up afterwards and never coming down again.
That's still quite a trauma for me.  The safe bet is probably the "only sell when you must" way. But your stash will decrease over time.. so yes, it's tempting !

[Biodom]

I hereby confess that today I sodled some at 105k+

As I'm bad at timing the market, we will probably go up soon...

Since 2016 I haven't sold anything from my stash... only forks and airdrops..

This is my way of celebrating the 100k mark ... there won't be any 100k parties anyways  


0.1% of my stash turned into fiat... enough for ramen + egg for the next week!

Thank you Badger King !

You did the right thing. "Timing the market" often ends in losses, it's really best to sell on the way up, but be aware that if you sell more than you just need at the moment, you could well recover your stash with the extra money within the next bear market.

EDIT: You guys may notice me posting more frequently again, since my actual daytime job is finished until February or so. It was very exhausting bc of tight deadlines but quite profitable, so i luckily don't have to sell Satoshis for a living.

That's really tempting, indeed. If I sell double the amount I can buy back everything at a 50% drop. Triple the amount, buyback at 33% drop and so on.

However I have also had the experience selling too much with the market going up afterwards and never coming down again.
That's still quite a trauma for me.  The safe bet is probably the "only sell when you must" way. But your stash will decrease over time.. so yes, it's tempting !

I would never begrudge someone who is selling to improve their life and 0.1% is NOTHING in the big picture.
Sadly, I cannot really sell anything rn because that would really bump up my taxes for the year.
Similarly, to @LFC and others, i have current plans to sell some proportion (definitely less than 20%, most likely 10% and maybe much less still) sometime next year.

I am very much confused about the optimal price, though, as there are two conflicting streams of data pointing to the alternative scenarios next year.
On the surface, it should be all positive in 2025, but it rarely works out this way.
Most likely will sell if I find some desirable property to acquire. Not going to mess up with rentals...if I would buy, it would be just for my family.

[OutOfMemory]

I hereby confess that today I sodled some at 105k+

As I'm bad at timing the market, we will probably go up soon...

Since 2016 I haven't sold anything from my stash... only forks and airdrops..

This is my way of celebrating the 100k mark ... there won't be any 100k parties anyways  


0.1% of my stash turned into fiat... enough for ramen + egg for the next week!

Thank you Badger King !

You did the right thing. "Timing the market" often ends in losses, it's really best to sell on the way up, but be aware that if you sell more than you just need at the moment, you could well recover your stash with the extra money within the next bear market.

EDIT: You guys may notice me posting more frequently again, since my actual daytime job is finished until February or so. It was very exhausting bc of tight deadlines but quite profitable, so i luckily don't have to sell Satoshis for a living.

That's really tempting, indeed. If I sell double the amount I can buy back everything at a 50% drop. Triple the amount, buyback at 33% drop and so on.

However I have also had the experience selling too much with the market going up afterwards and never coming down again.
That's still quite a trauma for me.  The safe bet is probably the "only sell when you must" way. But your stash will decrease over time.. so yes, it's tempting !

While, you have to be more precise when it comes to "going up" and "going down", because it's unlikely that we deviate from the 4-year cycle "law". I tried short-term trading too when i was fresh in the scene, but i left this habit for good with slightly burned fingertips. We can agree that after an ATH it always "came down" again, and it always "went up" beforehand. I'd follow JJG's advices, he's the pope of DCA and laddering orders. Let the system do the work for you.

I am very much confused about the optimal price, though, as there are two conflicting streams of data pointing to the alternative scenarios next year.
On the surface, it should be all positive in 2025, but it rarely works out this way.
Most likely will sell if I find some desirable property to acquire. Not going to mess up with rentals...if I would buy, it would be just for my family.

Me too, so i will be selling in small amounts all over 2025, do the opposite after a blow-off top. If there will be a supercycle, i have enough BTC left to not really care that i "wasted" some corn. But if i could, which means already being fuck-you-rich, i'd not even feel the urge to sell any holdings at any price. The diamond-hands portion of my stash is destined for inheritance anyway, so it will never be touched by myself.

[Hueristic]

Holy shit just found out a buddy of mine died Nov 3rd, the weird thing is he was a insane trumper and has been frothing at the mouth the last 4 years and he literally died the day after his dream came true.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

It's kind of sad that the EU does not follow suit and is still very anti-Bitcoin, but the US is bound to affect EU policy sooner or later.

The cunts unelected officials leading the ECB are not too different from the ones leading the Fed, actually. But the population in the EU is more fragmented and less sensitive to some issues - inflation in particular. There are wider differences from state to state than in the US, and single states can and will apply different corrective measures. Besides, people in the EU are mostly unarmed.

It's quite sad to see the EU behaving like this, instead of being the world leader in Bitcoin adoption. TPTB don't like losing control, and will fight it. But we'll win in the end. First they ignore you...

We are well past that stage!

Of course we are. I was just too lazy to type the entire quote... I'd say we're somewhere between "then they fight you" and "then you win."

[AlcoHoDL]

[...]

Well, my A1C is steady at 4.6 for as long as I can remember, but...

I don't like the way this thing looks. Reminds me of rusty pipes.

I don't want this thing near me. Thank you.

[juhobtc]

How many times
Do you think this exact post is been posted in a bitcoin thread with over 30k pages ?

Honestly, I don’t know, if I had seen it here earlier, I definitely wouldn’t have published it.

let me guess... he won't answer...

I won't answer the post, or about the number of similar posts?

[Hueristic]

How many times
Do you think this exact post is been posted in a bitcoin thread with over 30k pages ?

Honestly, I don’t know, if I had seen it here earlier, I definitely wouldn’t have published it.

let me guess... he won't answer...

I won't answer the post, or about the number of similar posts?

No he was pointing out that your a nub and probably would not bother reading replies and was only merit whoreing as has been rampant in this thread.

So good for you that you actually read his reply, that moves you up a notch in our eyes.

[Hueristic]

It's kind of sad that the EU does not follow suit and is still very anti-Bitcoin, but the US is bound to affect EU policy sooner or later.

The cunts unelected officials leading the ECB are not too different from the ones leading the Fed, actually. But the population in the EU is more fragmented and less sensitive to some issues - inflation in particular. There are wider differences from state to state than in the US, and single states can and will apply different corrective measures. Besides, people in the EU are mostly unarmed.

It's quite sad to see the EU behaving like this, instead of being the world leader in Bitcoin adoption. TPTB don't like losing control, and will fight it. But we'll win in the end. First they ignore you...

We are well past that stage!

Of course we are. I was just too lazy to type the entire quote... I'd say we're somewhere between "then they fight you" and "then you win."

I think we are firmly in the "Then you win" phase.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

I really like seeing US policy turning more and more pro-Bitcoin. If the plan to establish a Strategic Bitcoin (BTC, not crypto) Reserve really goes through, we should expect to see a huge, possibly order-of-magnitude (10x) price increase in the coming year or two. It looks like 2025 will be a very interesting year for Bitcoin HoDLers, different from (and better than) past cycles. It could even mean that the "rinse and repeat" cycle strategy of some of us should, perhaps, be revised to something like "never rinse, buy when you can, sell when you must". I, for one, am very hesitant to sell large chunks at the supposed peak of this cycle ($200k? More?)... Will it really be the peak, or the beginning of a major long-term uptrend? Will there ever be a "Bitcoin winter"? Perhaps I'm too bullish and will miss the chance to multiply my stash by "selling high, buying low", but I just can't bear the thought of selling and not being able to buy back.

It's kind of sad that the EU does not follow suit and is still very anti-Bitcoin, but the US is bound to affect EU policy sooner or later.

Onwards and upwards. What a time to be alive!

Similar thoughts as mine...
As for MICA/TFR it seems like i will distribute a minor amount of bitcoin from cold storage to various regulated exchanges (like Kraken, Coinbase...) as well as unregulated, chinese exchanges, to maintain flexibility and still have BTC available on exchanges to convert to stablecoins and subsquently cash out in USD/EUR equivalent, in small amounts (sub €1k). Tedious but i really try to stay under the radar, not to evade taxation (because this portion of my corn is tax-free), but to avoid further complications like frozen bank accounts, unconvenient discussion with authorities and banking staff and what else you can think of in these regards.
Still, i will have to see what regulated exchanges need to know about the origin of my funds, to finally accept them for trading in a complient manner.

Regulations may be justified, but they don't have to be such a pain-in-the-ass for individuals.

It is likely true that sometimes we might need to cash out some parts of our Bitcoin on a regular basis just to be able to see that we can through whatever liquidation channels that we believe that we have, including if we might want to open up new liquidation channels in the event that we are feeling too stressed (or inconvenienced) in regards to whatever liquidations that we have.

Only 0.26% of the world population can own 1 Bitcoin


https://x.com/Bitcoin_Teddy/status/1869217928270291432

Of course, given where we are at, the number of whole coiners is going to be much lower than the 0.26%, even in the best of equal distribution scenarios that we could imagine going forward.
Natural and/or spread out (or equal) distribution would rarely play out in a free market, and I can hardly imagine any scenarios in which more fair distribution could be attempted to be pushed upon the world and its bitcoin acquisition.. so one of the main solutions end up with individual action, and individual responsibility to try to figure out how to consider how to get as many BTC as they are able to get within their own limited circumstances.  

Surely, if we consider so many rich folks, institutions and governments that are going to try to "stockpile" their own little stash, which likely makes it difficult for normies to hold even more than a million satoshis... which likely means that it would be good to buy those million satoshis sooner rather than later, since currently a million-ish satoshis ONLY cost a bit more than $1k.

Edit... and even a nice little buying opportunity as I edit this post.. perhaps we might be able to get some bitcoin for less than 6 digits?  Perhaps? perhaps?.. that means more than 1 million satoshis for $1k.

A1C under 6= no diabetes, really.

Once you are diagnosed with Diabetes, it remain with you forever. There is no permanent cure of Diabetes and Blood Pressure so far. I have A1C under 6 but that doesn't mean my Diabetes is cured. If I deviate from my current eating and exercise pattern then A1C will start rising once again.  

Doctors and literature about diabetes is not always accurate or true in regards to some of their claims about diabetes.

Surely there is type 1 and type 2 diabetes, and type 2 can surely be affected by changes in lifestyle and including potentially recovering some of the damage that might have had taken place to insulin receptors through historical bad diet and other bad lifestyle choices.  Even if the body might not be able to reverse all of the damage, it might be able to get to a much better state based on better lifestyle choices, and yeah there could well be some genetic components that challenge some folks more than others, yet I would not get so steadfastly agreeable to some claim that diabetes is not reversible, unless maybe your particular circumstances are something related to type 1 or some degenerative condition that you might have.

I am also not suggesting that making lifestyle changes are easy or even that people make lifestyle changes that are actually materially enough or the right kinds of ones for their own body, since sometimes, again, the information sources might even directing you towards the wrong information, such as telling your that grains are healthy or failing to distinguish good fats from bad fats or even distinguishing that not all proteins are equal either... for example processed meat versus whole meat with the fat (including letting you know the actual nutritious value of ruminants that happen to have red meat and coincidentally a lot of nutrition too..especially if eaten with their fat and even organ meats)..

I hereby confess that today I sodled some at 105k+
As I'm bad at timing the market, we will probably go up soon...

Since 2016 I haven't sold anything from my stash... only forks and airdrops..
This is my way of celebrating the 100k mark ... there won't be any 100k parties anyways  

0.1% of my stash turned into fiat... enough for ramen + egg for the next week!
Thank you Badger King !

You did the right thing. "Timing the market" often ends in losses, it's really best to sell on the way up, but be aware that if you sell more than you just need at the moment, you could well recover your stash with the extra money within the next bear market.
EDIT: You guys may notice me posting more frequently again, since my actual daytime job is finished until February or so. It was very exhausting bc of tight deadlines but quite profitable, so i luckily don't have to sell Satoshis for a living.

That's really tempting, indeed. If I sell double the amount I can buy back everything at a 50% drop. Triple the amount, buyback at 33% drop and so on.

However I have also had the experience selling too much with the market going up afterwards and never coming down again.
That's still quite a trauma for me.  The safe bet is probably the "only sell when you must" way. But your stash will decrease over time.. so yes, it's tempting !

I doubt that these are times to be selling more than you must.. but hey guys can do what they like, and we will find out later if they managed their holdings very well in the event that they are whining that they sold too much too soon.  Hard to imagine selling 0.1% of your stash after being in bitcoin close to two cycles would be selling too much, but hey it is hard to know, especially if some folks had been whimpy in their accumulation of bitcoin, so then the whimpy ones would be in less of a position to be shaving off any of their stash, even though surely some of them end up selling too many cornz too soon, because they were never convicted about bitcoin (or perhaps even knew what bitcoin was) in the first place.

Holy shit just found out a buddy of mine died Nov 3rd, the weird thing is he was a insane trumper and has been frothing at the mouth the last 4 years and he literally died the day after his dream came true.

Life is short, and we never can know when the end might end up coming.

[OgNasty]

There’s that correction we’ve been waiting for. A good amount of volume as the market hits recent lows. I think we could see a reversal here. I’m just along for the ride at this point but it sure seems like the market is setting a bear trap to catch a lot of people with shorts who expected a dip below $100K.

[promise444c5]

~

It might touch 99k