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

[d_eddie]

A soft wave of FUD is rising in the media, and I don't mean only mainstream media. It's sliding down against gold, which is surely better. Ripple is also better and bound to skyrocket MOAR than king daddy. Quantum computing breaking elliptic curves the day after tomorrow. Musk says bitcoin is good (dangerous), and I bet soon will be Jim Cramer's turn (VERY dangerous). All we're missing right now is China's 175th ban.

Someone is really pushing and shaking for us to loosen our grip on our preciousss.

Please don't, gentlemen.

[BitHodlers]

What I meant is if I had 1000BTC, I would sell like 10-20BTC for gold. But not for quick profit. More like longterm diversification for my heirs just in case. I'm perfectly aware that gold can crash 40% from the ATH and stay there for over 10 years. Thus it make sense to plan for 15+ years.

Gold with its infinite supply is infinitely worse than Bitcoin.

A soft wave of FUD is rising in the media, and I don't mean only mainstream media. It's sliding down against gold, which is surely better. Ripple is also better and bound to skyrocket MOAR than king daddy. Quantum computing breaking elliptic curves the day after tomorrow. Musk says bitcoin is good (dangerous), and I bet soon will be Jim Cramer's turn (VERY dangerous). All we're missing right now is China's 175th ban.

Someone is really pushing and shaking for us to loosen our grip on our preciousss.

Please don't, gentlemen.

Too many seniors in here are showing signs of fear. That is not something I like to see..

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LFC_Bitcoin]

Interesting…..

Nice timing with Powell set to speak in 15 minites.


@MaxCryptoxx
🚨 BREAKING 🚨

INSIDER BITCOIN WHALE HAS STARTED CLOSING HIS SHORT POSITION.

SEND EVERYTHING HIGHER 🚀

https://x.com/maxcryptoxx/status/1978128965270196711

[d_eddie]

Interesting…..

Nice timing with Powell set to speak in 15 minites.


@MaxCryptoxx
🚨 BREAKING 🚨

INSIDER BITCOIN WHALE HAS STARTED CLOSING HIS SHORT POSITION.

SEND EVERYTHING HIGHER 🚀

https://x.com/maxcryptoxx/status/1978128965270196711

I had noticed a slow but steady climb already. I think this huge short plus the towel boy talking are the market movers for today. The FUD is just an additional background, but hopefully the most seasoned OGs (some of which are assembled in this fine gentleman club) don't mind that too much.

[LFC_Bitcoin]

I had noticed a slow but steady climb already. I think this huge short plus the towel boy talking are the market movers for today. The FUD is just an additional background, but hopefully the most seasoned OGs (some of which are assembled in this fine gentleman club) don't mind that too much.

I have to admit, if we flip today green it would make me more bipolar than ever

Maybe we are not cooked after all, let’s see.

[Franklyn-wood]

Everytime people find a new gigantic gold reserve somewhere, gold holders get screwed out of their money by deprecating potential value over time.

There are several ways to get screwed with gold (some more violent than others).

Hahaha, Gold has turn to uniform. Gold that some people took as precious material.

Wait a minute! Are you sure this is Gold? This looks like Pyrite

[d_eddie]

I think it's definitely gold. Reverse image search if in doubt.

[philipma1957]

If I had enough bitcoins, I would probably sell some for gold right now. This seems the best advice. But... What if the logic is wrong? If learned something during all these years is that when the chances for an explosive bull run are almost 0, she surprises everybody. I have the (SOMA) feeling that this is the case, and by the end of the year she will touch 200K. No arguments for that, no logic, nothing. Hence not a financial advice.  

I wouldn’t buy Gold now. In hindsight it’d have been a great idea to buy earlier this year but I’d be too worried that it looks very toppy here now. How much more gas is left in the tank on its ascent? It looks really over bought right now.

I sold enough Bitcoin to comfortably get me through six years now. I’d like to sell a lot more but I can’t at this price so I’ll just sit with my bags and pray.

What I meant is if I had 1000BTC, I would sell like 10-20BTC for gold. But not for quick profit. More like longterm diversification for my heirs just in case. I'm perfectly aware that gold can crash 40% from the ATH and stay there for over 10 years. Thus it make sense to plan for 15+ years.

Yeah having 1000 btc would call for some diversity in assets.

10=1.1million
100=11 million
1000=110 million


I would want about 5 keys of gold this is about 600,000
I would want around 25 keys of silver this is about 40,000
I would want actual cash euros pounds usd i would want 300000 in each currency
I would want 3 homes one not in the usa 2 in the usa. This would be around 3million

So all of the above would,be around 4 million or 40 coins i would keep the other 960 coins  in multiple wallets

[Franklyn-wood]

I think it's definitely gold. Reverse image search if in doubt.

Yeah, it might be a gold but pyrite looks similar to gold too.


image of Pyrite and Gold
There was a time I almost bought the fool gold as a real gold but I quickly check for some signs to know real gold.

[cAPSLOCK]

They want your bitcoin.
The big dog game is different...
Than the one we've played.

[SPIDERMAN008]

I could go for some corn while buying my corn. This is genius.

This sounds good .
but HODL your coin instead of buying corn.In 2030, you could buy an entire cornfield with this Satoshi.

We need a new poll. Is the bull over? yes/no

Over? I just found a nice house in Montana to retire when Bitcoin hits $100M. It has all the basics, like indoor and outdoor swimming pool, movie theater, bowling alley, gun range.... The basics

Now Bitcoin going from 90k to 100k to 120k when it reaches the scale of million it will hit new ATH like 1m to 5m to 10m.
 I think you can stay in your house in Montana very soon.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitHodlers]

Yeah having 1000 btc would call for some diversity in assets.

10=1.1million
100=11 million
1000=110 million


I would want about 5 keys of gold this is about 600,000
I would want around 25 keys of silver this is about 40,000
I would want actual cash euros pounds usd i would want 300000 in each currency
I would want 3 homes one not in the usa 2 in the usa. This would be around 3million

So all of the above would,be around 4 million or 40 coins i would keep the other 960 coins  in multiple wallets

Where is the real estate? One needs things that have cashflow not solely rely on value retentation or appreciation.

[cAPSLOCK]

I came to post about a wallet but decided to write a small Japanese style poem as well.

So, there is another hybrid mobile Bitcoin wallet out.  I have only been using it for a short time now, but at a glance I have a feeling this could end up my favorite of all so far, which is saying something.

Bull Bitcoin. It is a company and exchange in Canada founded by Francis Pouliot.  Pouliot is a relatively well-known OG "toxic maxi" type.   He is the type of person who is building his business to the most stringent specs. I think the cool young kids would call him "based'.

Well, at a glance, they've done it with their wallet, for sure.  The basic mechanics of it are similar to "Aqua".  The wallet works with the base chain, liquid and lightening. And in the background, it uses boltz as a swap provider for the layer 2 networks. It doesn't try to hide any of this and lets you interact with each layer independently. In fact, I've funded mine from some liquid btc I had sitting around.  



So this wallet works most similarly to Aqua, though it joins the growing number of wallets that use drive chains or layer two side chains and lightning to achieve seamless and inexpensive transfers.

Bull Bitcoin
Aqua
Misty Breeze
Wallet of Satoshi

But unlike Aqua, it doesn't deal with other tokens, or stable coins but just remains in the Bitcoin realm.

But where it seems to be the most different from any of the others yet is its very strong feature set.  I'm not gonna even try to list them all because there are many features.  But to highlight some, besides the basic functionality, it is no KYC, it is fully self-custodial, it has fantastic backup schemes built in, it integrates with their exchange.  One thing it has that no one else in this class of wallet has done yet is integrated coin join ability for privacy.  And though it is as simple to use as the others in this class, it has lots of power user features that some folks might like.  For example, coin control and advanced information about transactions and holdings.

On top of this, it also has some hardware wallet integration, which is impressive.

Anyway, go read about it, but I think this one is definitely worth checking out. And I always get excited when there's a new wallet, but this one really has a chance to become my new daily driver for my phone.  In this regard, it would replace aqua.

https://wallet.bullbitcoin.com/en

PS. I hope you guys are all doing well. And I don't want to say it because I'll just jix ud faster, but I don't think we're having to wait four years to see another bull run. I really don't.  We do have some serious risks around us in every direction. Wars and rumors of wars...  Jerome Powell... Having to handle the worst financial crisis of any of our lives, if not the worst in the world,  and he has no way out.  Trump continuing to be the absolute chaos engine at every turn.  Fundamental changes with the latest version of Bitcoin Core that are deeply concerning for many very, very smart and even technical Bitcoiners.  Fifi Legade... And, of course, the two-edged sword of things like institutional and paper, Bitcoin, etc.

I hope I'm not wrong, but whatever downturn we may be in right now, I don't think it's going to last as long as we may have seen in the past, but we'll see.

[philipma1957]

Yeah having 1000 btc would call for some diversity in assets.

10=1.1million
100=11 million
1000=110 million


I would want about 5 keys of gold this is about 600,000
I would want around 25 keys of silver this is about 40,000
I would want actual cash euros pounds usd i would want 300000 in each currency
I would want 3 homes one not in the usa 2 in the usa. This would be around 3million

So all of the above would,be around 4 million or 40 coins i would keep the other 960 coins  in multiple wallets

Where is the real estate? One needs things that have cashflow not solely rely on value retentation or appreciation.

If that setup above was true.

I would have 960 coins left. I am 68. No kids  and a very  good wife.

I can simply spend 30 coins a year until I am 100

Or 40 coins a year till I am 92

Or 20 coins a year till I am 114.

That first move of selling those coins and setting up places to live with some hard assets is just that.

BTW cashing 20 coins for 1 years expenses is far move than I would ever need to do.

[cAPSLOCK]

Yeah having 1000 btc would call for some diversity in assets.

10=1.1million
100=11 million
1000=110 million


I would want about 5 keys of gold this is about 600,000
I would want around 25 keys of silver this is about 40,000
I would want actual cash euros pounds usd i would want 300000 in each currency
I would want 3 homes one not in the usa 2 in the usa. This would be around 3million

So all of the above would,be around 4 million or 40 coins i would keep the other 960 coins  in multiple wallets

Where is the real estate? One needs things that have cashflow not solely rely on value retentation or appreciation.

If that setup above was true.

I would have 960 coins left. I am 68. No kids  and a very  good wife.

I can simply spend 30 coins a year until I am 100

Or 40 coins a year till I am 92

Or 20 coins a year till I am 114.

That first move of selling those coins and setting up places to live with some hard assets is just that.

BTW cashing 20 coins for 1 years expenses is far move than I would ever need to do.

Good grief. I only wish I could fantasize on the level of some of you whales. 😁

[MrNata]

If I had enough bitcoins, I would probably sell some for gold right now. This seems the best advice. But... What if the logic is wrong? If learned something during all these years is that when the chances for an explosive bull run are almost 0, she surprises everybody. I have the (SOMA) feeling that this is the case, and by the end of the year she will touch 200K. No arguments for that, no logic, nothing. Hence not a financial advice.  

Gold or Bitcoin has been a debate for a long time. When Bitcoin is in a bear market and the price of gold increases relatively a little, many investors think that they should sell all their investments and buy gold, but is this a permanent solution? Bitcoin has reached this price gradually, when Bitcoin was in a bear market for a long time, many people sold Bitcoin, but even at that time, those who were patient and did not sell are now getting a good amount of profit. In this case, we can give an example of 2020, in 2020 we only saw a bear in the Bitcoin market and most experts suspected that the possibility of a bull run in the market was very low, but in the end, to our surprise, the market reached a bull run and got enough wisdom.

Now, if we look at the price of gold, it is increasing every day, so if an investor thinks that he sells Bitcoin and buys gold and after a few days, if Bitcoin goes to 200k or above, then these investors will regret it.

So I think we should keep the remaining amount of money as an investment in Bitcoin, leaving gold for use.

[vapourminer]

"other" 960 coins

pretty heaving lifting for the word "other" lol

[OutOfMemory]

If I had enough bitcoins, I would probably sell some for gold right now. This seems the best advice. But... What if the logic is wrong? If learned something during all these years is that when the chances for an explosive bull run are almost 0, she surprises everybody. I have the (SOMA) feeling that this is the case, and by the end of the year she will touch 200K. No arguments for that, no logic, nothing. Hence not a financial advice.  

Gold or Bitcoin has been a debate for a long time. When Bitcoin is in a bear market and the price of gold increases relatively a little, many investors think that they should sell all their investments and buy gold, but is this a permanent solution? Bitcoin has reached this price gradually, when Bitcoin was in a bear market for a long time, many people sold Bitcoin, but even at that time, those who were patient and did not sell are now getting a good amount of profit. In this case, we can give an example of 2020, in 2020 we only saw a bear in the Bitcoin market and most experts suspected that the possibility of a bull run in the market was very low, but in the end, to our surprise, the market reached a bull run and got enough wisdom.

Now, if we look at the price of gold, it is increasing every day, so if an investor thinks that he sells Bitcoin and buys gold and after a few days, if Bitcoin goes to 200k or above, then these investors will regret it.

So I think we should keep the remaining amount of money as an investment in Bitcoin, leaving gold for use.

Short time, or even impulsive re-balancing never worked out for me with Bitcoin.
I always watched King Daddy going ahead of the other assets, medium and long term.
Once i got this, and it didn't even take a year, i only bought and held Bitcoin, never looked back, no Regrets.

Just my two cents.