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

[Torque]

My body is ready for this seemingly endless accumulation/shenanigans to be over and btc moving beyond 1,2,3 etc tril (on the way to 10-11 tril first, then maybe 100 tril).
I think that we were tested enough in the last 8 years or even longer (for some others).

The funny thing about when Bitcoin adds another '0' to the end of the price....it always does it when either the public isn't looking, no longer cares, or both.  

I've got friends, family, and colleagues that have already forgotten about btc hitting an ATH in April...in fact they have already forgotten about it period.

[JayJuanGee]

My body is ready for this seemingly endless accumulation/shenanigans to be over and btc moving beyond 1,2,3 etc tril (on the way to 10-11 tril first, then maybe 100 tril).
I think that we were tested enough in the last 8 years or even longer (for some others).

Huh?

I doubt that the battle (war) is going to be over any time soon, and I have troubles understanding why you would be experiencing so much supposed pain.

You say that you are ready for UP, but you tend to spend so much time focusing on down, causing at least this cat to conclude that you have failed/refused to significantly prepare ur lil selfie for UP.

Just think about the whole matter - nearly 8 years involved in bitcoinlandia, and gosh so many opportunities to prepare for UP.. and even to already be in stupendous profits and perhaps even not giving any shitslandia whether you might happen to be up 65x or 30x or 45x (I am just using an average cost per BTC of $1k for shorthand, acknowledging that actual performance may well vary even though there were extended times to buy way below $1k, including that we spent a lot of time in the mid $200s in 2015).

So, sure I can understand if you understashed your sats then you might be way short of fuck you status.

Let's say that you have only stacked around 10 BTC, so you are kind of feeling that you are only 1/10 of the way to fuck you status (that is if we use something like $22k as our bottom BTC price) to get to $2million.  But sure, you have the additional problem of having something like $10/$12 million or so to be your personal entry-level fuck you status, so sure your calculations are different and you are feeling that you need 5-6x more than what some others here (normies) might consider as their entry level fuck you status... so then with that high of a threshold, you may well need 500 BTC - so maybe that is why you are feeling that you want to immediately have 10x or 100x higher prices from here.

But most of us realize that there is no straight UP, and perhaps this cycle might be a stretch, but within the next cycle or two, you should have pretty decent chances of getting a lot closer to those 10x to 100x higher prices from here.. nothing is guaranteed, but sure seems within reach.

No matter what, I would think that anyone who has been in BTC for 8 years should be in a decently better place, even if s/he only managed to stack less than 10 BTC during that time - not even saying that my measly proximity towards getting to 0.21BTC puts me in the same league, in terms of my relative level of wealth, but I do feel much better off for my near 8 years in BTClandia and the profit levels of having had exposure to BTC versus my other traditional investments that have way under performed BTC during that time (or ever for that matter)...

[Toxic2040]

the evening wall report



1h


4h



echoes of a gann box    been a good year for bitcoin...I think there is better...much better...yet to come     dyor
D

stronghands

[ChartBuddy]

Explanation

[sirazimuth]

......you might be way short of fuck you status.

.....you are only 1/10 of the way to fuck you status .....
...your personal entry-level fuck you status,......
...as their entry level fuck you status... .....

Well fuck me silly, Jay!   (#nohomo)...  thats a fuck load of fuck you status, for fucks sake...

[Toxic2040]

cyclic potentials
D


Zoom

stronghands

[ChartBuddy]

Explanation

[Toxic2040]

cheers gentlemen

stronghands

[Biodom]

I love it how people here like to speculate about members 'imaginary' stashes and 'f-k you' (FU) levels. Albeit, I am now logged in and don't see it anymore.
If someone tells me that they are not affected in the slightest when btc drops (or gains) 50% in a week, I would say...good for you.

Here is my description of FU levels for luls.

Lvl0 ~$2mil, a good/great number in a 3rd world country, a good FU number in the cheaper parts of US, NOT FU on the coasts.

Lvl1 ~$10 mil, a serious money. If you diworsify this amount from btc into stonks like VT (not rec this by any stretch of imagination), you would get 160-180 thou/year in divvies and could borrow against your equity to get ridiculously low % loans (like LIBOR [currently 0.12%]+0.5-0.75%). Considering that VT long term appreciation rate is ~7-8%, you are fine. FU, but not really rich.

Lvl2 ~$100 mil. Money is not a problem, you can easily buy multiple residencies in nice places (at least 3-4). Easy to generate $1.5mil-1.8mil/year in divvies plus approx $7 mil (on average) in appreciation/year. With ~$7 mil of annual budget, you are 'rich' in $$ terms.

Lvl3 ~$1000mil (1bil). You can meet anybody you want, politicians ask you for advice and for campaign contribs. Somewhere between Lvl2 and Lvl3 you become a "real" player.

EDIT: the funny thing is, if btc will ever reach the Hal Finney number ($10mil/btc) or PlanB (5mil/btc), then 20BTC bought, say, either in 2013 or 214-2015 for $4-5K (total) would be $100-200mil...that hat(funny typo!) person would be a player (if he/she would be able to hodl through). No wonder that the guy who sold the house for btc when btc was $900 now has btc secured in 4-6 locations (on all continents, lol).

[Toxic2040]

[gembitz]

chop chop 45k gogo

[ImThour]

If you guys don't know about him, he was the one who found out that Bitcoin is playing Wyckoff in April and was about to crash.


Now, he predicted this for our Bitcoin:


I really believe on his capabilities and I am sure, this was the last Dip Bitcoin had in the upcoming bull run.
Stay strong. We are about to take off.

Source: https://www.youtube.com/channel/UCRsAEo9tcSqPnPdcgYFCbog

[ChartBuddy]

Explanation

[Philipma1957cellphone]

chop chop 50k gogo

By Friday night🍀🤞🙏

[ChartBuddy]

Explanation

[Richy_T]

chop chop 50k gogo

By Friday night🍀🤞🙏

[JayJuanGee]

......you might be way short of fuck you status.

.....you are only 1/10 of the way to fuck you status .....
...your personal entry-level fuck you status,......
...as their entry level fuck you status... .....

Well fuck me silly, Jay!   (#nohomo)...  thats a fuck load of fuck you status, for fucks sake...

Fair enough that I would prefer NOT to be repetitive or redundant, if possible.

We could give it another term, but then the meaning might get lost, no?

What about a poll or a thread in which we attempt to find a better way of describing what we mean and meaning what we say?

Any suggestion(s)?

"Fuck you" status is meant to describe getting to a financial position in which there is absolutely no need to carry out any kind of work - except on your own terms.. frequently used to describe a situation in which someone is either forced into a job or carrying out various contracts or running a business for money or some kind of frequent occurrence of having to maintain medical insurance (at least in the US - and maybe some other places that might get medical insurance through their work).

Of course, there are various retirement systems too that cause people to work while the amount of value in those systems grow, and people are likely penalized if they stop working.. and the benefit level might go down if there are long periods of not contributing into the system (and surely age requirements before drawing from such systems are even possible). 

The factors to be weighed in getting to fuck you status are going to differ based on individual circumstances for sure - and the example that I used with Biodom was his own statements from a few years ago in which he was seeming to be somewhat argumentative (for argument sake it seems) in regards to even how much it might take in his particular case to get to fuck you status, with him seeming to want to suggest that my numbers were way too low to even be practical for a guy like him, and he had required something like 6x or more principle for the entry level to fuck you status that I had then described as being entry level at $1 million (sure sometime after March 2020, I thought it was more accurate to raise that entry level number to $2 million to account for some of the seeming craziness of the new world monetary circumstances that had then come to greater light).

By the way, even though it may seem that I get a lot of pleasure out of frequently using the word "fuck", I surely would prefer if we were able to get a better descriptor that may well even keep the seemingly repetitiveness of using the same word over and over down....

By the way, people like to use descriptors such as financial independence or passive income status.. and those surely do not seem very accurate in their descriptiveness.. so maybe I have been using "fuck you" status for so long that I have dumbed my own lil selfie out of creative word use? perhaps? perhaps?

Anyone? Anyone?

[BobLawblaw]

Tied up in a legal dispute all week with a neighbor contesting my official signed and stamped survey. Had to retain a lawyer and officially get the Sheriff's Office notified and on-site for a day next week.

Going to leverage my ~Lvl2 current FU status to show these irrational country fucktards what happens when they try to push a a polite, neighborly black man around, who is trying to put up a new fence.

I'm prepared to launch a multi-million dollar lawsuit against these fucktards in the courts for screwing with my work crew, and at the end of all this, going to sue for court costs, and they'll need to sell me their land to cover their costs.

Assholes fucked with the wrong guy.

Holy crap has life been busy.

Stay strong, brothers.

We gonna be stupid rich soon, yo.

Love (nohomo),

Bob

Lvl1 ~$10 mil, a serious money. If you diworsify this amount from btc into stonks like VT (not rec this by any stretch of imagination), you would get 160-180 thou/year in divvies and could borrow against your equity to get ridiculously low % loans (like LIBOR [currently 0.12%]+0.5-0.75%). Considering that VT long term appreciation rate is ~7-8%, you are fine. FU, but not really rich.

Lvl2 ~$100 mil. Money is not a problem, you can easily buy multiple residencies in nice places (at least 3-4). Easy to generate $1.5mil-1.8mil/year in divvies plus approx $7 mil (on average) in appreciation/year. With ~$7 mil of annual budget, you are 'rich' in $$ terms.

[ChartBuddy]

Explanation

[Mpamaegbu]

Is Binance gradually becoming a drama queen? One release too many...