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

[JayJuanGee]

Edit:  By the way, as I type this post, it appears that the test of $4k is imminent.  Or do we have another false alarm?

Unless someone breaks out the juicer I think at $3.95k we are going to hit resistance again.

Reasons are as follows - short to long ratio excessive, divot at the end of the month on daily chart indicates a possible retest of $3.75kish, TK indicator has not crossed back over into a bullish configuration on the daily. I would really like to be proven wrong but there you go. #dyor

About 5 days ago, there were 654 BTC to $3999 and 886 coins to $4k

As I type this post, there are only 450 BTC to $3999 and 691 coins to $4k

So, more or less 200 coins, fewer standing in the way.

Chomp, Chomp, Chomp.

Nom. Nom. Nom.

Waca.  Waca.  Waca.

Go bitcoin go!

DYOR.

YMMV.

[1714044800]

1714044800

[1714044800]

1714044800

[jojo69]

Ill bring a few boxes of cool records if that technology is supported

 

The PA will be supporting all known formats back to wax cylinder, bring it on!

The 1/2" reel to reel deck is where it's at though.

[Lambie Slayer]

Crab-17 activated. 

[JayJuanGee]

there goes the LTC indicator

You fuck!


or name calling word du jour: cunt

[JayJuanGee]

Tighten your butt plugs

Tell us whats gonna happen

I’m out so I can’t watch for signals.  But something is brewing.  

That is very "helpful" hairy bearie.

Right when we need you, you are not available.

The best you can do:  "something is going to happen."  Right    My eyes are rolling so far into the back in my head that I think that I can see the hairs on the back of my neck, and it is not pretty.  

We need one of those apprentice celebrities to tell you about your impending WO thread guru status:    I can see it now.... It's like a dream.

[Toxic2040]

I can not resist..need one rocket pick..kay thanks.


ULA Delta IV rocket launching from slc-34 tonight.   

[El duderino_]

Tighten your butt plugs

Tell us whats gonna happen

I’m out so I can’t watch for signals.  But something is brewing.  

That is very "helpful" hairy bearie.

Bull.

FTFY

[Toxic2040]

I watched this tonight, thankfully the delays made it easier to see just dark enough.

Did you get a chance to see it live?  Even from several miles those SRM's(solid rocket motors) are incredible. Definitely can rattle your cage.

[El duderino_]

Lightning network jumped from 824 BTC capacity to 980 in a matter of hours... almost at $4 million

https://twitter.com/redditbtc/status/1106733622046932992?s=21

[Hueristic]

Mt. Gox's former head Mark Karpeles found guilty by Tokyo District Court. Sentenced to 2 years and 6 months in prison. More details to follow
https://twitter.com/ynakamura56/status/1106362801193279488

More details: The sentence is "suspended" (執行猶予) meaning he may not actually have to serve time in prison. Still waiting for full report from the court

Update: He was found guilty of tampering with financial records, but cleared of embezzlement charges. Still trying to clarify whether he will have to serve time. More to come.

How the fuck? I thought he was making personal purchases from funds he transferred to his personal account from the exchanges hot wallets? If thats not fucking embezzlement then What The Fuck Is!!!?!

[Syke]

https://www.thecockcamera.com/

That must be the cause of the current PUMP.

[El duderino_]

4 years ago today the price of bitcoin was $285 and the consensus was the people who bought bitcoin at $1000 would never break even.

https://twitter.com/needacoin/status/1106542437055516672?s=21

[El duderino_]

So are we gonna have a solid weekendPUMP

Damn that would feel good

[lightfoot]

https://www.thecockcamera.com/

That must be the cause of the current PUMP.

I could see people putting this on backwards and posting the results.

[El duderino_]

https://www.thecockcamera.com/

That must be the cause of the current PUMP.

I could see people putting this on backwards and posting the results.

How does one works for BoB? Who’s wearing that thing?

[Dabs]

re: infofronts "fuckyoucoiner" poll

my answer is based on todays value of ~$4k USD.

voted 200-499
[...]

I just did a "firecalc" for 1.5 million. Spending level of $58k. 95.8% success rate with at least 100k left over after 30 years, based on 118 total cycles, of which 5 failed. That's 3.91% of the starting portfolio.

I think that's pretty much fuckyou money, in addition to any other income you may have. Again, depends on your level of expenses. I voted a little higher, just in case.

...

realistically, in fiat terms, 10 mil is about the minimum amount for "real" fuck you money. imo of course. and even then stupidity can wipe that out fast.  

You likely realize that I picked the same, and my reasons are a bit different from yours, but very similar.

...

Based on your ending comment:  "realistically, in fiat terms, 10 mil is about the minimum amount for "real" fuck you money. imo of course. and even then stupidity can wipe that out fast."  I am thinking that you might be more afraid of yourself, than I am?  hahahahahahahaha

Edit:  By the way, as I type this post, it appears that the test of $4k is imminent.  Or do we have another false alarm?

Don't forget celebrities and sports athletes, like some champion boxers, earned $300 million, only to declare bankruptcy a few years later. This likely happened because of a lifestyle that needed $400k per month just to sustain it, not to mention all the sharks surrounding him trying to get a chunk out of the money.

The real trick is to spend less than you make. Then it's only a matter of time.

If you spend as much as you make, or even more than you make (getting into debt), then you're being fucked by everyone else. I say, $5m is a more than decent amount to consider it fuck you money, considering what a lot of people here make.

That means 5 BTC is all you need in about 5 years or less.

[Hueristic]

What are your thoughts on the kind of person who would murder nearly a hundred people and injure hundreds more?

I am inclined to agree with BTCMillionaire that that individual has forfeited their right to life.  You?

This is what places like Guantanamo exist for.

[JayJuanGee]

re: infofronts "fuckyoucoiner" poll

my answer is based on todays value of ~$4k USD.

voted 200-499
[...]

I just did a "firecalc" for 1.5 million. Spending level of $58k. 95.8% success rate with at least 100k left over after 30 years, based on 118 total cycles, of which 5 failed. That's 3.91% of the starting portfolio.

I think that's pretty much fuckyou money, in addition to any other income you may have. Again, depends on your level of expenses. I voted a little higher, just in case.

...

realistically, in fiat terms, 10 mil is about the minimum amount for "real" fuck you money. imo of course. and even then stupidity can wipe that out fast.  

You likely realize that I picked the same, and my reasons are a bit different from yours, but very similar.

...

Based on your ending comment:  "realistically, in fiat terms, 10 mil is about the minimum amount for "real" fuck you money. imo of course. and even then stupidity can wipe that out fast."  I am thinking that you might be more afraid of yourself, than I am?  hahahahahahahaha

Edit:  By the way, as I type this post, it appears that the test of $4k is imminent.  Or do we have another false alarm?

Don't forget celebrities and sports athletes, like some champion boxers, earned $300 million, only to declare bankruptcy a few years later. This likely happened because of a lifestyle that needed $400k per month just to sustain it, not to mention all the sharks surrounding him trying to get a chunk out of the money.

The real trick is to spend less than you make. Then it's only a matter of time.

If you spend as much as you make, or even more than you make (getting into debt), then you're being fucked by everyone else.

Perhaps, you and I are largely on the same page here, Dabs, in terms of the theoretical issue and the solution, which is to live within less than your means.

So of course a lot of Celebritities will let matters get waaaay out of hand.

A similar phenomenon is likely to happen to anyone who get's rich fairly quickly and does not really have a chance to figure out good habits of living within your means.

I hav practiced such living within my means and also having at least a minimum of 10% of my income go towards investments for more than 30 years, so I both have a lot of practice and a lot of confidence in myself to keep a handle on income as compared with how much I can spend or feel comfortable spending.

So, yeah, getting rich too quick and then perhaps leaving financial matters with people who may be engaged in gouging might not be helpful, either.  If you are really rich, and if you do not know about managing finances, then it would seem quite prudent to hire someone to teach you some basic tactics, yet probably rich people do hire financial people who are disincentivized to teach themselves out of a job. 

I say, $5m is a more than decent amount to consider it fuck you money, considering what a lot of people here make.  That means 5 BTC is all you need in about 5 years or less.

For reasons that I described in my previous post about passive income management, I have described $1million as a bare basic minimum entry point because it can generate about $3,333 of passive income per month.  Of course, if you want a cushion then moar is always better.  I am not sure how many years it would take for 5BTC to suffice, but I suppose by the time, BTC reaches $1million per BTC, then the dollar might be so ravaged, that it may will take 5x more income just to get to entry level fuck you status.. and maybe 5BTC would suffice?     

Currently, I speculate that John McAfee is going to have to eat his dick and a minimum of two halvenings before peaking to $1million per bitcoin.   and even then, I doubt that any price like that would be sustainable for at least another 5 more years upon first reaching it.  On the other hand, surely there are a lot of decent theories of triggering events that could cause BTC to  reach such levels sooner.. but I am going to give it 2 halvenings minimum before we see an actual $1million bitcoin. By the way, another scenario could be that selling a decent amount (maybe 10% or more) at $888,888.88 would be prudent upon the first time attempting to reach or breach $1million, because we could end up having a several year correction before actually breaching $1million...  assuming that some semblance of past BTC price performance patterns (fractals) continue to play out into BTC's future.

[jojo69]

up we go

[HairyMaclairy]

Earwigo