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

[HI-TEC99]

So I sold my btc off and bumped my btc up the next day. I have 46% more btc today than sunday.

I have cash ready if we go lower.

I will do a buy when we go under 20k which should be tonight.

After fed does .75 percent jump on weds we will rally

but if fed only does .5 we will crash more.

Mostly issue is we are locked in with stocks at the moment.

You do realize it's a full moon today, and bitcoin crashed. Was the crash because we are locked in with stocks, because of the full moon, or because Honey Badger doesn't give a fuck?

Thats a sexy(errmmmm? good looking? .....lets go with "cool") honey badger.

#NoBestiality

Some people are getting emotional support honey badgers now.

I want one!!!!


Then again I want all of the animals..... I would have a harem (ermmmmm? entourage? herd? family? ) of animals.... raccoons,  honey badgers, cats, dogs, horses, beefs cows, squirrels... ah man, the list would be too long.   I wanna buy Epstein island and turn it into a zoo.... and live like like doctor Doolittle......


#NoBestiality

You might find the honey badger starts fighting with the lions.

[1714633417]

1714633417

[1714633417]

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[1714633417]

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[savetherainforest]

sigh



https://www.oecd.org/tax/exchange-of-tax-information/public-consultation-document-crypto-asset-reporting-framework-and-amendments-to-the-common-reporting-standard.pdf


(they want to implement global reporting standard)


(just shared in case it is of interest to you)

It won't happen. People will start waging wars before that happens. Oh no.. THEY ALREADY STARTED WARS!!

Unfortunately these guys are lobbyists, with the ear of 35 of the worlds largest hnw gubermint states...... sooooo they wil push for it , least in those states.

May not happen.... but I shared just because of the sigh.


These guys just do not seem to get what they are dealing with ....... orrrrrrrrrr they do and that is why they are shitting bricks.


 

Imagine a "Judge Dred" + "Madmax" world with cryptocurrencies and with satellite free internet. Ah, I think I forgot also "Waterworld".    

[empowering]

So I sold my btc off and bumped my btc up the next day. I have 46% more btc today than sunday.

I have cash ready if we go lower.

I will do a buy when we go under 20k which should be tonight.

After fed does .75 percent jump on weds we will rally

but if fed only does .5 we will crash more.

Mostly issue is we are locked in with stocks at the moment.

You do realize it's a full moon today, and bitcoin crashed. Was the crash because we are locked in with stocks, because of the full moon, or because Honey Badger doesn't give a fuck?

Thats a sexy(errmmmm? good looking? .....lets go with "cool") honey badger.

#NoBestiality

Some people are getting emotional support honey badgers now.

I want one!!!!


Then again I want all of the animals..... I would have a harem (ermmmmm? entourage? herd? family? ) of animals.... raccoons,  honey badgers, cats, dogs, horses, beefs cows, squirrels... ah man, the list would be too long.   I wanna buy Epstein island and turn it into a zoo.... and live like like doctor Doolittle......


#NoBestiality

You might find the honey badger starts fighting with the lions.

LOVE IT

[philipma1957]

So I sold my btc off and bumped my btc up the next day. I have 46% more btc today than sunday.

I have cash ready if we go lower.

I will do a buy when we go under 20k which should be tonight.

After fed does .75 percent jump on weds we will rally

but if fed only does .5 we will crash more.

Mostly issue is we are locked in with stocks at the moment.

Very well done!  I would say "be careful with those sorts of gambits".  But the reason is I am not good at doing exactly what you did.   So I would only really be saying it to me.

Yea, this kind of moves are always very risky.
You can't predict where the turn would be.
In fact, saying that it was 21K does not make it so.
Seems a bit "artificial".
75 points are already 'priced' in. no way they would do only 50 now.
In 6 mo my cash lump would earn 4% more or less...woo hooo.
We shall see what the price would be during and after those 6 mo.

. but you need to understand the old btc had a cost basis close to 50k the new btc now has a cost basis of 21.9. My buy back was funded by sale of hodled btc and mined eth and mined ltc and mined doge.

I created a good cap gains loss. Plus have more btc and less mined shitcoins.

For a fuckup to happen btc would need to moon instantly as I sold the btc. I still would have been able to buy more then the sale of the btc As I was adding the sale of the mined shit coins.

so no shit coins to worry about crashing.
more btc 146% vs 100%
a good loss in cap gains
and cash left over if btc tanks.

lets pretend it was 1 btc at 50k cost basis.
sold for 21.9 k
a cap loss short term of 28.1k

sold 15k in eth ltc doge a loss of 15k

so I now have 43.1k in losses

and 36.9k cash.

buy 1.46 btc at  22k comes to 32.12 k leaves me 4.78k cash

and 1.46 btc vs 1 btc. new btc has a cost basis of 22k not 50k

and I have 43.1k in losses short term that last for a year.

so if btc gets back to 66 k .

I sell a coin and use the entire cap loss thus all taxless 66k cash

and I have .46 btc sitting worth around 30 k.

the spike that could hurt me would be sell at 21.9 and jump to 24 in under 1 minute.

then buy.

I can do this because i hold portions of the mined shit coins in reserve in case this dump shit happens.

[empowering]

Meanwhile back at the ranch....


You guys seen this shit ?



Uganda says exploration results show it has 31 million tonnes of gold ore

https://www.mining.com/web/uganda-says-exploration-results-show-it-has-31-million-tonnes-of-gold-ore/


Big if legit.


Whaddya raccoon (love raccoons) that much yellow rock/metal is worth ?


#NoBestiality   

[empowering]

 ps.... I hear estimate of 13 TRILLION DOLLARS


pps, if this is in any way near being true..... Copper is going to be more valuable than Gold v soon


(obvs I exaggerate re copper price, but wow..... this is not inconsequential over time if legit)

[empowering]

Basically..... someone needs to send Peter Schiff a MacDonalds application form

[ChartBuddy]

Explanation

[Biodom]

Wow, mortgage is 6.28% compared with about 3.25% early in 2022.
https://www.cnbc.com/2022/06/14/30-year-mortgage-rate-surges-to-6point28percent-up-from-5point5percent-just-a-week-ago.html

btc should start shining at some point, right?

[Arriemoller]

So, the thread is full of noobs with nothing to say I see, what's with that? How come they're all all invading right now?

And also, the price have dropped some 10 000 dollars since I last checked, didn't see that coming, I thought 30 000-ish would be the bottom. But then again I was wrong about the top as well.

To those that commented my picture, no I'm not on a health food diet, they put the green stuff on the plate without telling me, it was a surprise.
Yes it is yummy, very much so, so much so that I get hungry just thinking about it, and I just had a big meal at a nice restaurant (forgot to take pictures, sorry).

And I have nothing more to say really, well except that Ukraine is still winning, 500 meters a day.
Although the Russians have learned to fight a little better than before, the learning curve in war is steep, you learn or you die. It's gonna be a long war

Anyway, stay cool, I'll be back soon.

[philipma1957]

Meanwhile back at the ranch....


You guys seen this shit ?



Uganda says exploration results show it has 31 million tonnes of gold ore

https://www.mining.com/web/uganda-says-exploration-results-show-it-has-31-million-tonnes-of-gold-ore/


Big if legit.


Whaddya raccoon (love raccoons) that much yellow rock/metal is worth ?


#NoBestiality  

well I mentioned the golden astroid over and over and over. Said if real it could tap gold bigly to under 200 an oz.

31 mill tonnes is a lot less than the asteroid ☄️ amount but it would tank gold if easy to mine.

in theory 152,000 tonnes of pure gold is all the was ever mined.

so if that gold was 10% yield it would be 3.1 million tons of pure gold which is 20 x what has been mined.


https://www.amnh.org/exhibitions/gold/eureka/gold-fun-facts#:

source for gold mined

[empowering]

So, the thread is full of noobs with nothing to say I see, what's with that? How come they're all all invading right now?

And also, the price have dropped some 10 000 dollars since I last checked, didn't see that coming, I thought 30 000-ish would be the bottom. But then again I was wrong about the top as well.

To those that commented my picture, no I'm not on a health food diet, they put the green stuff on the plate without telling me, it was a surprise.
Yes it is yummy, very much so, so much so that I get hungry just thinking about it, and I just had a big meal at a nice restaurant (forgot to take pictures, sorry).

And I have nothing more to say really, well except that Ukraine is still winning, 500 meters a day.
Although the Russians have learned to fight a little better than before, the learning curve in war is steep, you learn or you die. It's gonna be a long war

Anyway, stay cool, I'll be back soon.

Whacchu on about willis ? looking back like past 10-20-30 pages or so , the thread is full of long time regulars, legendary and hero, copper etc etc status etc, chatting as usual ? and one or two posts from rando troll/bot accounts ....or am I missing something ? You on catch up?

The last meal you posted did look good though ......


Re Ukraine.... my analysis tells me different ......... for better or for worse (no judgement from me) it seems land bridge is fully established now, and next on the cards, unfortunately, because it is not something I wish to see, Odessa is in play in coming months for the Ruskis.


Also, whaddya have at the nice restaurant ? in lieu of photos I am curious


Peace

[ChartBuddy]

Explanation

[Arriemoller]

So, the thread is full of noobs with nothing to say I see, what's with that? How come they're all all invading right now?

And also, the price have dropped some 10 000 dollars since I last checked, didn't see that coming, I thought 30 000-ish would be the bottom. But then again I was wrong about the top as well.

To those that commented my picture, no I'm not on a health food diet, they put the green stuff on the plate without telling me, it was a surprise.
Yes it is yummy, very much so, so much so that I get hungry just thinking about it, and I just had a big meal at a nice restaurant (forgot to take pictures, sorry).

And I have nothing more to say really, well except that Ukraine is still winning, 500 meters a day.
Although the Russians have learned to fight a little better than before, the learning curve in war is steep, you learn or you die. It's gonna be a long war

Anyway, stay cool, I'll be back soon.

Whacchu on about willis ? looking back like past 10-20-30 pages or so , the thread is full of long time regulars, legendary and hero, copper etc etc status etc, chatting as usual ? and one or two posts from rando troll/bot accounts ....or am I missing something ? You on catch up?

The last meal you posted did look good though ......


Re Ukraine.... my analysis tells me different ......... for better or for worse (no judgement from me) it seems land bridge is fully established now, and next on the cards, unfortunately, because it is not something I wish to see, Odessa is in play in coming months for the Ruskis.


Also, whaddya have at the nice restaurant ? in lieu of photos I am curious


Peace

Don't know what it's called in English actually "oxfilé med pommes frites och bearnaisesås med lökringar som tillbehör och lite sallad".

"filet of ox with french fries and bearnaise sauce and onion rings at the side and some sallad" maybe. I'm sure you get it.

[Biodom]

Meanwhile back at the ranch....


You guys seen this shit ?



Uganda says exploration results show it has 31 million tonnes of gold ore

https://www.mining.com/web/uganda-says-exploration-results-show-it-has-31-million-tonnes-of-gold-ore/


Big if legit.


Whaddya raccoon (love raccoons) that much yellow rock/metal is worth ?


#NoBestiality  

well I mentioned the golden astroid over and over and over. Said if real it could tap gold bigly to under 200 an oz.

31 mill tonnes is a lot less than the asteroid ☄️ amount but it would tank gold if easy to mine.

in theory 152,000 tonnes of pure gold is all the was ever mined.

so if that gold was 10% yield it would be 3.1 million tons of pure gold which is 20 x what has been mined.


https://www.amnh.org/exhibitions/gold/eureka/gold-fun-facts#:

source for gold mined

They say it's equal to 320,000 tons of refined Au, so more like 1%, but still, it's 2X of what was mined before (in ALL TIME).
P. Shiff is surely not happy.
Does it make Uganda the new Saudi Arabia? I doubt it.

Mr. Market is scratching it's proverbial head: "what can be a store of value"?
We already know the answer, not sure if and when they would agree en masse.
BTW, gold lost value recently, no surprise there.

[philipma1957]

1% yield is decent it can be worked for profit. Wonder how many new gold scores of that magnitude are out there. Be funny to see four or five spots like that.

[Hueristic]

Thank you both.  I know WO.  I sometimes see you mad hatters posting memes about people getting wrecked on margin, trying to warn the clueless newbies.  So true!

You'll know what to do when theres blood in the streets cup.

[Hueristic]

https://www.reuters.com/markets/us/el-salvador-minister-says-bitcoin-crash-poses-extremely-minimal-fiscal-risk-2022-06-13/

"Forty million dollars does not even represent 0.5% of our national general budget," he said.

[ChartBuddy]

Explanation

[Biodom]

Thank you both.  I know WO.  I sometimes see you mad hatters posting memes about people getting wrecked on margin, trying to warn the clueless newbies.  So true!

You'll know what to do when theres blood in the streets cup.

go on margin?
...sorry...too soon?