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

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[cAPSLOCK]

I too find he planb news disappointing. But there is one potential wrinkle in my opinion.

I believe he's been in Bitcoin for quite some time, so he probably bought in at a fairly good price. And if he was loaded before, he might have put a lot into it. And if that's the case, he may be self-custidying amounts that he's just not comfortable holding on to. And he wants to move it into professional custody that has the best chance of not being a rug pull.

I don't talk on Twitter much at all anymore, but I did comment on his tweet saying I thought he ought to at least self custody some part of his stack just to spread the risk around a little bit.

[machasm]

https://x.com/100trillionusd/status/1890721205059031311?s=46
  

Man... He, of all people...
Who would've thunk?

Seriously did you really not read the guys bio?

He was always a fiat guy.

Is this for real? Or is this the ultimate troll?
Perhaps this is the new 'boating accident'?
If it is for real then just wow, how can he be so idiotic?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

https://x.com/100trillionusd/status/1890721205059031311?s=46
  

I stopped respecting that loser when S2F died a miserable death 4 years ago. The fact he still argues his models are valid is hilarious.

This is another string to his loser bow. Don’t have heroes in Bitcoin, guys. They will more often than not, disappoint you.

Now, when are we going to break out of this crab market, damn it.

maybe oct or nov

[ChartBuddy]

Explanation
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[Hueristic]

https://x.com/100trillionusd/status/1890721205059031311?s=46
  

Man... He, of all people...
Who would've thunk?

Seriously did you really not read the guys bio?

He was always a fiat guy.

Is this for real? Or is this the ultimate troll?
Perhaps this is the new 'boating accident'?
If it is for real then just wow, how can he be so idiotic?

Have a quick AI summary.

AI Overview
Learn more
Plan B, a pseudonymous analyst with a background in quantitative finance and law, is widely recognized as the creator of the "Stock-to-Flow" (S2F) model used to analyze Bitcoin's value, essentially applying a scarcity metric to assess its potential price based on its limited supply and issuance rate; he gained prominence by publishing this model on Medium in 2019, where he uses the handle "100trillionUSD" referencing the concept of extreme inflation as a potential catalyst for Bitcoin adoption.
Key points about Plan B:

    Focus on Scarcity:
    Plan B's S2F model draws inspiration from the way gold is valued based on its scarcity, applying the same concept to Bitcoin's capped supply to predict price appreciation.

Institutional Background:
While maintaining anonymity, Plan B is believed to be a Dutch institutional investor with experience in quantitative finance and legal matters.
Impact on Crypto Market:
Plan B's S2F model has gained significant attention within the crypto community, particularly due to his price predictions based on Bitcoin's halving events, which are seen as key supply shock moments.
Criticism and Debate:
Despite its popularity, the S2F model has also been subject to criticism, with some arguing that it oversimplifies market dynamics and may not accurately predict Bitcoin's price in all market conditions.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

https://x.com/100trillionusd/status/1890721205059031311?s=46
  

Man... He, of all people...
Who would've thunk?

Seriously did you really not read the guys bio?

He was always a fiat guy.

No, I never read his bio and never really followed or trusted him if I'm honest. I was just enjoying the occasional WO-posted super-bullish x posts and the laser hat memes and the S2F (now proven flawed) models and the bullish staircase log charts going up to $millions. I was just expecting the guy behind all this to be some crazy, bullish bitcoiner freak with MATLAB skills. Didn't know he was a fiat guy. Good for him. I can't say I'll miss him.

[El duderino_]

https://x.com/100trillionusd/status/1890721205059031311?s=46
  

I stopped respecting that loser when S2F died a miserable death 4 years ago. The fact he still argues his models are valid is hilarious.

This is another string to his loser bow. Don’t have heroes in Bitcoin, guys. They will more often than not, disappoint you.

Now, when are we going to break out of this crab market, damn it.

maybe oct or nov

lol

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

https://x.com/100trillionusd/status/1890721205059031311?s=46
  

I stopped respecting that loser when S2F died a miserable death 4 years ago. The fact he still argues his models are valid is hilarious.

This is another string to his loser bow. Don’t have heroes in Bitcoin, guys. They will more often than not, disappoint you.

Now, when are we going to break out of this crab market, damn it.

Good lord. While I would agree it is a lame move for him to switch to the ETFs, it isn’t a taxable event where he is so it isn’t as bad as if most of us were to do it. I also think the death of his S2F model was a result of the FTX fraud. A massive increase to $400K over the next year and Stock to Flow is back on track.

[gallianooo]

Since PLANB is a public figure linked to BTC, and there are more and more stories of extortion, kidnapping, and other shady stuff...

Maybe he's saying this to make all his followers and ill-intentioned people believe that he no longer has any physical BTC, so it would be pointless to target him.

My 2 cents, but who knows.

[serveria.com]

https://x.com/100trillionusd/status/1890721205059031311?s=46
  

Some people just have to learn the hard way... 

[SuperBitMan]

Bitcoin truly don't have a CEO meaning that Bitcoin is driven by community collaboration and improvements proposed by anyone and not decisions made by a CEO, without a CEO no one can easily shut down or control Bitcoin. This makes it more difficult for government or any corporate person to interfere and any investment that is free from government and corporate manipulation is really a good investment.


https://twitter.com/Vivek4real_/status/1890861307156459855?t=hgBHkzNgZ-CADOMYkyZjjA&s=19

[serveria.com]

https://x.com/100trillionusd/status/1890721205059031311?s=46
  

I stopped respecting that loser when S2F died a miserable death 4 years ago. The fact he still argues his models are valid is hilarious.

This is another string to his loser bow. Don’t have heroes in Bitcoin, guys. They will more often than not, disappoint you.

Now, when are we going to break out of this crab market, damn it.

Thats so true! Remember all those Bitcoin Vanga and similar Bitcoin prophet accounts? Where are they now? Perished, lost and forgotten. Discredited by their own false prophecies. New guys are appearing every now and then and even becoming (fairly) popular but their fate is predictable...