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

[bbigtart]

JUST IN: Hong Kong to release cryptocurrency framework next month - Bloomberg. Plans include allowing retail investors to buy #Bitcoin

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https://twitter.com/BitcoinMagazine/status/1651548042879815681?t=R6VPitBGt61pdryVd5aNLQ&s=19

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[hisslyness]

I don't necessarily consider my route to have had been completely voluntary, and certain directions sometimes can end up having some forcing elements to them   - but for me, I feel a lot of matters worked out quite well, but there were various choices along the way that do not really seem to have had been completely voluntary.. and then some aspects of the direction have both luck and preparation that end up contributing towards decisions in which threshold matters can be decided regarding whether enough is enough.. and how much of this job versus another kind of job or another kind of job is necessary in terms of bringing in income or even making certain kinds of financial and psychological preparations.

I remember in about mid-to-late 2013 disclosing to one of my then work colleagues that when I reassess my financials with lesser income, there are ways to project out the income that I expected to have under one path versus another path and the outcome of those two paths do not really seem to show very much financial differences between working in job x that has higher income or working in job y that has lesser income, but way more freedoms... and for me, I likely would not have had time to spend so much looking into bitcoin were it not for me having had chosen to go into job y rather than staying in job x...... .. and largely my nestegg in job x had mostly had been established (even though another few more years seemed as if it would have had been preferable - since there were perks, and status, and even seeming opportunities and connections - but in the end, circumstances were not going to make such an option of sticking with job x to be worth it for my whole situation.. in regards to what I was willing, ready or able to do)..... and so there was a certain level of tearing and even seeming less prestige and benefits with job y.. even with way more freedoms.. 

In the end, going down the bitcoin road that may have also come about by giving up on job x (and spending more time on bitcoin-focused kinds of time-allocations) did end up causing both financial and psychological circumstances that way surpassed in surplus value compared to what I had projected my path to have had been nearly 10 years ago when these kinds of weighing of options of staying in job x or some variation of job x were being deliberated by yours truly.

Maybe I am suggesting that there can be some ways in which all of the "i"s do not necessarily need to be dotted, and not all of the "t"s need to be crossed in order to still end up being in a position in which you could still be ready to cross into a new kind of era in which there are fewer traditional "work-related" obligations.. and a path can be gone down in which fewer and fewer "work-related" obligations are filling up your days.... and so I had quite a few "work-related" obligations that I severed in 2013.. but also even more "work-related" obligations that I severed in 2018/2019... and sure, I still do have some things that I do that I label as work-related obligations, even though some people in my life have tried to suggest that I don't have to do them... but I still do dedicate some time to certain kinds of activities that I consider to be "work-related" obligations.. even though they are way more self-directed than many of the obligations that I severed in 2013 and in 2018/2019.

I definitely admire anyone who has taken retirement early/earlier than expected. The finances is one aspect, but i think the psychology of it all, would be harder to overcome. Which is also part of the reason i am thinking about this now rather than later. Spending the bulk of your adult life going in cycles of work/home/weekend, work/home/weekend, work/home/weekend, does become an addiction that needs to be addressed.

I for one will not be weaning myself off, (that is, working for someone else, reducing clients, taking a part time tech job), it's going to be "That's it, I'm Done". We're closing shop (next week/next month/next year). By then i hope i have many i's dotted and t's crossed. Because once I am gone, I am not coming back! Which means i need to prepare myself, financially, physically and mentally as i don't know when that will be, but i know it will come sooner rather than later!

It will be compounding factor that leads everyone to make the call.  Completely Voluntary is wishful thinking, we all like to think we made that decision on our own terms, but it could be shitty boss, mental breakdown, lost of a major account/customer, the list can keep going, that make us re-evaluate where we are in life, where we want to be and most importantly where we can be.

You are right, i don't expect to have everything sorted out before such date, but hopefully i would have had the bulk of my plan sorted. hopefully...

On another note, what was/is your job x and job y?

[Gachapin]

JUST IN: Hong Kong to release cryptocurrency framework next month - Bloomberg. Plans include allowing retail investors to buy #Bitcoin

[/url]

https://twitter.com/BitcoinMagazine/status/1651548042879815681?t=R6VPitBGt61pdryVd5aNLQ&s=19

Twitter Copy Post Not Allow You will never do that again.

ftfy

[ChartBuddy]

Explanation

[Torque]

I definitely admire anyone who has taken retirement early/earlier than expected. The finances is one aspect, but i think the psychology of it all, would be harder to overcome. Which is also part of the reason i am thinking about this now rather than later. Spending the bulk of your adult life going in cycles of work/home/weekend, work/home/weekend, work/home/weekend, does become an addiction that needs to be addressed.

I for one will not be weaning myself off, (that is, working for someone else, reducing clients, taking a part time tech job), it's going to be "That's it, I'm Done". We're closing shop (next week/next month/next year). By then i hope i have many i's dotted and t's crossed. Because once I am gone, I am not coming back! Which means i need to prepare myself, financially, physically and mentally as i don't know when that will be, but i know it will come sooner rather than later!

It will be compounding factor that leads everyone to make the call.  Completely Voluntary is wishful thinking, we all like to think we made that decision on our own terms, but it could be shitty boss, mental breakdown, lost of a major account/customer, the list can keep going, that make us re-evaluate where we are in life, where we want to be and most importantly where we can be.

You are right, i don't expect to have everything sorted out before such date, but hopefully i would have had the bulk of my plan sorted. hopefully...

On another note, what was/is your job x and job y?

I can tell you from direct experience, the first thing about retiring or ending a career that you have to contend with is a loss of identity.

After many decades, a career and a title defines you to both yourself and the people around you. When you retire, you move from "I am an X" to "I was an X". So who am I now? _{(Of course it doesn't help that your friends and family will treat you differently, treat you like a bum because you are not slaving away at a job anymore like they still are. But that's a different story.)}

You are, of course, the same person you were before all the career stuff even began, you just have lost that sense of self.

What helps to make the transition easier is to think of yourself in terms verbs instead of nouns. You are not a title, you are a person who does interesting stuff throughout your life. Instead of "I was a Sr. Project Manager, and now I'm a nothing" you say to yourself "I did project management for a while. Now I do [insert whatever interests or hobbies you have here]."

[Bitcoin_people]

#BitcoinBTC is one in all.

[ChartBuddy]

Explanation

[BitcoinBunny]

Bitcoin BTC illuminates the path to economic sovereignty, innovation, and boundless prosperity.

It's the Best idea we've ever had.

reported for plagiarism
https://twitter.com/MemeingBitcoin/status/1650966036965933058

Bitcoin price action similarities between 2019 and 2023

The conclusion of hash rate wars in 2018 saw Bitcoin price crash from roughly $6,000 to $3,000. This sudden drop formed a local bottom for BTC, which was followed by 107 days of consolidation.

This consolidation ended on April 1, when Bitcoin price shot up and formed a bullish divergence on the daily chart. The setup was followed by a 173% upswing in the next two months, which pushed BTC to form a local top at $13,880.

In 2023, a similar setup has formed, indicating that the ongoing coiling up is likely to lead to a similar outlook. While a 173% upswing is unlikely, investors can expect Bitcoin price to push deeper into the weekly Bearish Breaker area, extending from $29,247 to $41,273.

The likely targets are the midpoint of the said breaker at $35,260 and the range high at $41,273.

reported for plagiarism
https://www.binance.com/en/feed/post/455188

Should also report him for zero effort in selecting a username.

[ChartBuddy]

Explanation

[BitcoinBunny]

O/T

Good watching the young 20 year old Chinese snooker player Si Jiahui doing well. Looks like he could be heading into the world final at this rate.

About time there was a shake up in the game that mostly seems to feature British dinosaurs these days.
Winning an individual world sporting title 7 times should be enough for anyone.

We seem to have had the same flipping players every time in the world finals for around 25 years.

Shame this wasn't the actual final against the Belgian player Luca Brecel. Another good player to watch.
Watching the rest is like watching paint dry. Slow and not attacking anymore.

Last time I enjoyed watching snooker this much was indeed in the 90s.

[JimboToronto]

have fun staying poor🤡🌍🌎🤡

That reminds me of this old chestnut:



I forget where I got it.

[BitcoinBunny]

RIP Jerry Springer

Fun trash TV in the 90s. Crying on the floor with laughter cameo part in Austin Powers 2. Inspired a very funny controversial musical.
Seems he was a nice guy.

[Etranger]

Bitstamp and Coinbase are the only exchanges left that didn’t close my account for no reason. I suspect that regulators are doing all they can to push crypto from the reach of Americans. I look forward to the pendulum swinging the other direction when this nonsense is finally given up. Who cares though… We’re back to pushing on $30K and faster than I’d figured we would.

I believe that regulators are simply protecting the way of existence to which they are accustomed and which is most beneficial to them. Cryptocurrencies create problems for this system, so they increase the restrictions. In my opinion, this is a fight with windmills, which is doomed to failure, because cryptocurrencies are the future, and the future always defeats the past in one way or another.

[ChartBuddy]

Explanation

[Gachapin]

Who Is Satoshi Nakamoto???



Article Link

you merit farmers seem really so dumb that you actually think people here are complaining about copies from Twitter...  

It's about copying in general... you provide nothing else than copies from somewhere else... that is the problem

[ChartBuddy]

Explanation

[JayJuanGee]

[edited out]

I definitely admire anyone who has taken retirement early/earlier than expected. The finances is one aspect, but i think the psychology of it all, would be harder to overcome. Which is also part of the reason i am thinking about this now rather than later. Spending the bulk of your adult life going in cycles of work/home/weekend, work/home/weekend, work/home/weekend, does become an addiction that needs to be addressed.

I for one will not be weaning myself off, (that is, working for someone else, reducing clients, taking a part time tech job), it's going to be "That's it, I'm Done". We're closing shop (next week/next month/next year). By then i hope i have many i's dotted and t's crossed. Because once I am gone, I am not coming back! Which means i need to prepare myself, financially, physically and mentally as i don't know when that will be, but i know it will come sooner rather than later!

It will be compounding factor that leads everyone to make the call.  Completely Voluntary is wishful thinking, we all like to think we made that decision on our own terms, but it could be shitty boss, mental breakdown, lost of a major account/customer, the list can keep going, that make us re-evaluate where we are in life, where we want to be and most importantly where we can be.

Yep.. exactly.. there can be some threshold issues that can make differences in regards to whether the amount of work necessary in order to keep a job x kind of a situation going does not seem to be worth the amount of calculated effort as compared with the potential benefit - and while making the various calculations the answer might not be exactly clear.. and even the idea of making the decision to go down the path of  "no x" might not be easy in the sense that there would likely be a preference that down the road (into the future) to not have to consider having to go back to "x" or some kind of "x" variation once "no x" has been chosen.

You are right, i don't expect to have everything sorted out before such date, but hopefully i would have had the bulk of my plan sorted. hopefully...

Yep.. you might still be able to plan for a variety of winding down scenarios, and perhaps even have some preferred scenarios (perhaps preference of going cold-turkey scenarios) - while expecting that there could be circumstances in which the less preferred scenarios could end up playing out.. and surely the less preferred scenarios would still be within the realm of acceptable paths (especially since you had already prepared for a variety of scenarios, even less preferred scenarios).

On another note, what was/is your job x and job y?

For now, and through out various historical posts of mine, I have likely given enough details of my job x versus job y, yet it may be worth saying that prior to my giving up job x in 2013, I had largely already been doing some variation of job y..   

Job x related way more to a kind of traditional JOB of working for someone else - even though there was a lot of professional discretion contained therein, and even lucrative and interesting side projects and professional opportunities, and job y had a lot more self-direction in the sense of having a side business and working with a business partner, some contractors, venders, clients and customers.

So maybe even job y had a certain kind of existence during the period of time in which I still was carrying out job x, and then job y ended up evolving into more work by me after my having given up job x, but then into 2014 and 2015, job y evolved in some ways that I had not exactly anticipated (and likely part of the reason that job y evolved in some of the more involvement by me directions was related to my no longer having job x (or variations of job x) occupying my time and energies), so in some sense after job x is no longer in the picture, job y ends up having several kinds of branches (and perhaps even some complications and difficult choices) in which some of those were sub choices that evolved were not completely voluntary.. but surely involving partner disputes and then various ways to negotiate and/or to force certain kinds of resolutions..

And, even if there might be some ways in which winding down could be described as being attempted even while the business was still operating, there may be ways of also considering whether there were ways in which the business might be sustainable rather than winding down, but surely clearer and clearer resolutions about the need to wind down rather than sustain.. especially getting into 2017 and then decisions to proactively take proactive, concrete and not reversible winding down measures in 2018/2019.. .

For sure, aspects of Bitcoin were involved all around my various kinds of jobs, activities, incomes, benefits, and attempts to weigh various kinds of financial (and security structures) that I had in place in late 2013.. while at the same time that I was first considering various kinds of ways to supplement my already existing investments in late 2013 that would relate to my no longer having the perks of job x.. but then to still maintain some kind of supplemental investments that brought bitcoin onto my radar, into relevance and even into seemingly a good potential fit for me and my then circumstances in terms of filling in what I considered to be some holes of my own various investment portfolio allocations.

So, even from my amorphous rendition of issues that may well have played out for me between late 2013 (when I first got into bitcoin) and then continuing largely to invest and accumulate BTC between 2014 and 2016 (perhaps still believing that I was accumulating a wee bit into 2017 too) and then also BTC price performance during that time, you might be able to identify how bitcoin may have played some roles for me in terms of how I thought about my job y or various struggles (and juggling) that I may have been experiencing in going through various balances in relation to job y, when bitcoin also continued to be an ongoing personal and side investment for me that continued to provide me with more security on the side (that was not really intertwined in any kind of a meaningful way with job y).. and even how bitcoin's then price performance over more than one whole cycle.. and even bordering on then two cycles assisted me in weighing about how much value (or not) is coming from my staying involved in variations of job y.

hahahahha
I realize while typing my relatively short rendition that I probably did not even answer you in ways that you would have had preferred.. but why do I care?   

[Bounty _BOX]

NY investment bank HC Wainwright: "Winter is over. Bitcoin  has now entered its next bull cycle"

Source: https://twitter.com/BitcoinMagazine/status/1651595279664132099

[Bounty _BOX]

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[Cryptolove20015]