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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 26965679 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.)
JimboToronto
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May 09, 2025, 03:51:30 PM
Last edit: May 09, 2025, 04:38:12 PM by JimboToronto
Merited by OROBTC (2), vapourminer (1), JayJuanGee (1)


Yet another reason to never keep money in a bank unless absolutely necessary. For fiat currencies cash is king. For long term storage of wealth, Bitcoin.

The only reason I got a bank account was to park the $2M+ I bought to buy my lake and  land. Before that, I was bank-free.

Cash and Bitcoin are both anonymous (or at least pseudonymous). I've never had to produce photo ID to receive or spend cash nor pay any fees. I've never had cash put on hold for 5 business days. Transactions are time-limited only by the counting process.

Bitcoin can take a little longer but but only because most OTC and UTC exchanges depend on banks for fiat liquidity. Also exchanges require payment for their services. Luckily their fees can be fairly small if you establish good relationships with them.

Ultimately, cash is still king. There are no records of who, when, where, why, or how much.

Edit: Oops, I see JJG already touched on this as a reason to avoid banks.
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May 09, 2025, 06:03:31 PM
Merited by El duderino_ (22), JimboToronto (1), JayJuanGee (1)

...

Dude, j_eddie, JJG, Jimbo, xmrhopium



Absolutely right.  It's my (our) money (yet THEIR fiat), and now want to burden us with more regulation, hurt our privacy, limit our options...

Clearly, the more payment options the better.  


Mal hecho, España

Mal hecho, España
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May 09, 2025, 06:13:08 PM
Merited by JimboToronto (1), JayJuanGee (1)




This is wrong on many levels to human's right and privacy, I feel bad for citizen living in Spain now.
It even applies to deposits.

Quote
If a bank customer deposits smaller amounts across different days, it will also be considered suspicious. If the provenance of funds cannot be demonstrated in a satisfactory manner, the Tax Agency reserves the right to impose fines of up to 150% of the money deposited, with maximum fines of up to €150,000 in the most serious cases.
even if you make deposits at different intervals it can be tagged as suspicious
The loopholes that many of this agency are going to use against citizens in this so called suspicious act.

Quote
And there is plenty to criticise about the proposed digital euro, including the threat it would pose to financial privacy, particularly in a world where cash has been totally eliminated, which is the ultimate goal of the Spanish government
I have always loved Spain and their culture but the direction they are heading is just finanacial slavery
They want to track every money so they are planning on eliminating cash and pushing for their CBDC.

https://www.nakedcapitalism.com/2025/05/despite-last-weeks-nationwide-blackout-spanish-government-plans-to-intensify-criminalisation-of-cash.html

Thank you once again Satoshi for Bitcoin. No wonder EU are going hard against it.
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What kind of shit is this, well if you dont wake up after this.... you are never gonna wake up and i  have to start to think you are a silly and a person who likes to become a sheep under the state control.

I know Spain is a shithole full of communist, just yesterday i see Pedro Sanchez and his whole goverment singing the Communsit anthem..... and now this just in case.

What a disaster i see this from Argentina and having a lot of friends living there and they all think spain is walking the same bad path Argentina took a lot of years back with all the progresive and leftists shift. Now we are trying to recover.....

Coming back to the main thing..... WTF 3.000 Euros not even 10.000, 3.000...... i have no words, and worst of all YOU HAVE TO NOTIFY THEM BEFORE, incredible.
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May 09, 2025, 07:01:16 PM


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Self-Custody is a right. Say no to "non-custodial"


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May 09, 2025, 07:25:31 PM
Merited by AlcoHoDL (1)

[...]
$100k over and done with.
Next target: ATH in May.


One hundred k done.
Everything's green on my screen.
ATH in May.
#sobackhaiku
Seeming possible.  50/50?  51/49?  Some other number?
[...]
Oh, no, no, no! I would put it between 99/1 and 100/0, and that's being conservative.

Wow!!!  That is a high level of confidence. You might want to leverage on those kinds of odds.

I would even take the opposite side of such a bet.  I will put up 0.0001 BTC if it reaches such $109,356 or higher on or before we in June (UTC time).  Otherwise you have to pay me 0.01 BTC.  That would be in the ballpark of 99 to 1 odds, no?  We could add one more zero to each of the sides of the bet to make it smaller (I pay you 0.00001 BTC if it reaches such $109,356 or higher on or before we in June (UTC time) - otherwise you have to pay me 0.001 BTC).

I believe that you really don't believe your stated 99 to 1 odds.  Even though I probably don't believe 60% odds, I would proclaim 60% to be reasonable.. .but 99%..

By the way, we currently have some UPpity momentum, so new ATH prices could be reached within a day or two or within a week or two.. so I am not totally opposed to the idea being greater than 50/50 odds... even a wee bit greater.. but not 99%. There are not many future happenings (including market related) with 99% odds.

we got past 104k for a bit.

no tube steaks we want strip steaks 🥩
I have a sell in for a piece at 110k just for shits and giggles.

You are not selling BIGLY?
no I am not selling a lot at all.
I sold enough in the early runup
between Jan and Feb.

I have cash for power bills
I can also expand the  mine/host  I want to.
I purchased a fifth s21 xp miner yesterday. it will go online next week.

Well, the BTC price was going up until January 20, but for the most part, it did not go up after January 20.. even though sure there could have been some possibilities to catch some waves after January 20 and even through parts of February.  I think it was almost the last week of February that BTC prices went below $100k and did not return to supra $100k until yesterday..   

[edited out]
Yet another reason to never keep money in a bank unless absolutely necessary. For fiat currencies cash is king. For long term storage of wealth, Bitcoin.\
The only reason I got a bank account was to park the $2M+ I bought to buy my lake and  land. Before that, I was bank-free.

Cash and Bitcoin are both anonymous (or at least pseudonymous). I've never had to produce photo ID to receive or spend cash nor pay any fees. I've never had cash put on hold for 5 business days. Transactions are time-limited only by the counting process.
Bitcoin can take a little longer but but only because most OTC and UTC exchanges depend on banks for fiat liquidity. Also exchanges require payment for their services. Luckily their fees can be fairly small if you establish good relationships with them.

Ultimately, cash is still king. There are no records of who, when, where, why, or how much.
Edit: Oops, I see JJG already touched on this as a reason to avoid banks.

It is difficult to live these days without banks and/or credit cards. Also exchanging bitcoin when you are traveling can be difficult and it can also be difficult to find local trading partners, and so many folks will go through exchanges rather than transacting directly. In the real world, from time to time, I do ask if I can buy a good or service in bitcoin (especially when I am traveling to differing places), and it is pretty rare that I find a cooperating counter-party.

What kind of shit is this, well if you dont wake up after this.... you are never gonna wake up and i  have to start to think you are a silly and a person who likes to become a sheep under the state control.

I know Spain is a shithole full of communist, just yesterday i see Pedro Sanchez and his whole goverment singing the Communsit anthem..... and now this just in case.

What a disaster i see this from Argentina and having a lot of friends living there and they all think spain is walking the same bad path Argentina took a lot of years back with all the progresive and leftists shift. Now we are trying to recover.....

Coming back to the main thing..... WTF 3.000 Euros not even 10.000, 3.000...... i have no words, and worst of all YOU HAVE TO NOTIFY THEM BEFORE, incredible.

It seems that it would be harder to make any runs on insolvent banks when notifying them in advance, even though if they don't have the money and many folks are asking for their money, then I suppose that they could still concertedly notify them as they are requesting their money.. everyone with an account requesting €3000 and giving their reason as:  "To test solvency of the bank."
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May 09, 2025, 07:44:14 PM
Merited by El duderino_ (5), vapourminer (1)

lets make a guess

closest call crossing 100k again

Next friday, May 9th

Damn, my guess was one day off. Anyway, happy $100k y'all.

Last time under $100k?
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May 09, 2025, 08:21:07 PM

Just got back from a nice 3 week trip to the US and once again, every time I've traveled the price has pumped while I've been away. I think I should do this traveling thing more often... for all our sakes  Cheesy

How is everyone anyway? All good?
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what is this "brake pedal" you speak of?


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May 09, 2025, 08:58:32 PM
Merited by JayJuanGee (1)

It seems that it would be harder to make any runs on insolvent banks when notifying them in advance, even though if they don't have the money and many folks are asking for their money, then I suppose that they could still concertedly notify them as they are requesting their money.. everyone with an account requesting €3000 and giving their reason as:  "To test solvency of the bank."

while thats the absolute correct reply, ive heard of some dude that goes around and does cash withdrawals and when asked for what loudly proclaims "its for my penis enlargement treatments!!" or "its for my ..."  well never mind you fill in the blanks.

with bonus points for every other client in the bank hearing it. records it and i suppose its on thetube somewhere and i have no wish to actually witness it. but lolz
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what is this "brake pedal" you speak of?


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May 09, 2025, 10:06:07 PM
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when
$110,110.10
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May 09, 2025, 10:38:19 PM

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when
$110,110.10

It seems like we had a big jump and then leveled off. Like someone has been accumulating Bitcoin and just raised their buy order to accumulate faster. The suspect to me is GameStop. Maybe we’ll get an announcement on Monday that they have completed their multi-billion dollar Bitcoin purchase.
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May 09, 2025, 11:39:00 PM
Merited by Leahized (1)

Congrats to Leahized with a final result of $1,033,255.88!

Next contest starts today @ 3pm cet. Prize: 0.00025 BTC

If anyone wants to participate: https://bitcointalk.org/index.php?topic=5542315.0
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