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

[Biodom]

A general calculation of assets and BTC

 Total global assets ~ $900T

 Roughly ~ 15M available BTC

 If Bitcoin’s market cap acquires 1% of global assets, we have a $9 Trillion asset class.

 $9T / 15M = $600,000 BTC

 What are your thoughts on this

<snip>
my ideas on 273k to 600k are:

in 2025 138k
in 2029 276k
in 2033 552k

Very much aligned with the lower range of my thinking for 2025, but I don't expect the other two would be so linear, necessarily.
The curve could bend upwards, at least initially, then maybe slow down.

[1714207482]

1714207482

[1714207482]

1714207482

[1714207482]

1714207482

[Greyhats]

Not posted in a while just trucking away with dca and stacking. Was out in the world enjoying life and started to notice Btc in general life, from billboards, graffiti, bitcoin atms etc. I’m not sure if it was always there or not but what do we think about this type of engagement with Joe Public. I wonder has anyone found their way here from something like seeing a btc atm in their local area.

I’m having some serious internal debates on whether to over allocate into Btc this year, I had set some targets around totals with what I felt was balanced and am approaching these way sooner than I thought was possible. With WO’s who have over allocated before any learnings to help me with my own decisions?

Another one been wrestling with is continue to allocate same during a bull and new ath, or under allocate for that time. I see comments about oh know if you bought at the top it’s bad but wouldn’t all dca’rs have bought at the top?

[Torque]

Most people stick with safe, low interest savings accounts, they are very risk averse.

See, that's precisely why they can't maths.

Their investments losing badly YOY adjusted for inflation is in my mind not "risk adverse" and "safe", it's just stupid. They are still losing, just not as bad as all cash.

But normies gotta norm, bro! ¯\_(ツ)_/¯

[Biodom]

Most people stick with safe, low interest savings accounts, they are very risk averse.

See, that's precisely why they can't maths.

Their investments losing badly YOY adjusted for inflation is in my mind not "risk adverse" and "safe", it's just stupid. They are still losing, just not as bad as all cash.

But normies gotta norm, bro! ¯\_(ツ)_/¯

Plus, I 'hate" to spend the rapidly appreciating asset...no such qualms about depreciating 

[Out of mind]

Sam Bankman-Fried donated $93 million in stolen customer funds to US politicians.
Today, the US Government dropped a political campaign finance criminal charge against SBF.
_Source

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Stormbreaker01]

When you stat cryptocurrency

1st day and when you become expert in crypto


https://i.ibb.co/Y7Rg6Bg/20230727-230542.png

[philipma1957]

Not posted in a while just trucking away with dca and stacking. Was out in the world enjoying life and started to notice Btc in general life, from billboards, graffiti, bitcoin atms etc. I’m not sure if it was always there or not but what do we think about this type of engagement with Joe Public. I wonder has anyone found their way here from something like seeing a btc atm in their local area.

I’m having some serious internal debates on whether to over allocate into Btc this year, I had set some targets around totals with what I felt was balanced and am approaching these way sooner than I thought was possible. With WO’s who have over allocated before any learnings to help me with my own decisions?

Another one been wrestling with is continue to allocate same during a bull and new ath, or under allocate for that time. I see comments about oh know if you bought at the top it’s bad but wouldn’t all dca’rs have bought at the top?

Well lets pretend your investment stack of buckets is 20k

if you are under 50 and you are 18k not btc  2k btc

adding just BTC for the rest of the year could be a good idea.

The ratios of your investments could go from:

 10% btc 90 % not BTC
to
 20% BTC 80% not BTC

the younger you are the harder you could push BTC

Just remember investment money is more or less what you can afford to lose or hodl for a long time.

[goldkingcoiner]

The first room-temperature ambient-pressure superconductor has been discovered! Holy shit.

source: https://arxiv.org/abs/2307.12008

https://www.youtube.com/watch?v=EtVjGWpbE7k There is a video of them testing the K-99 against a magnet. What are those sounds, I wonder?

wow i wonder what they will be building with it?

For Bitcoiners and miners, this is going to change the game. A lot.

I think we will see a storm brewing as this will not only open the door to amazing new technologies but also completely new ways to use electricity. The main obstacle for the progress of quantum computers has just disappeared and I see room temperature quantum computers coming to the mass market soon.

Imagine if they could replace entire electrical grids with it. Just by how much would our energy-output demand shrink?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[shahzadafzal]

I'm sure you guys know "Bitcoin Halving Cycle" similar to that I saw this another amazing similar "Bitcoin Spiral Clock".

Measure: It takes about ~4 years to get around the clock or exactly 210,000 blocks.



Apparently i agree to the post on this 2022-2025 cycle is behaving so close to the 2014-2017 bitcoin cycle. 

- What I like about this Spiral Clock that all halvings occurring at exactly 12 o’clock 🕛.  Next one is scheduled to be at about April, 2024.
- Last two major ATHs occurred around 4:30 🕟
- Last 3 crashes or ATLs hit around 7:30 🕢
- Spiral clock indicates that bull runs take off 🚀after about 6 months from the halvings, 1:30
- Now if all goes true then next bull run is scheduled to be at about around November, 2024.

https://twitter.com/JohnXOsterman/status/1683544764849725451

There's an animated version of it too with some banger music must check https://twitter.com/fudruster/status/1672839343675789312

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Some very sad fud.


https://www.yahoo.com/entertainment/dismembered-remains-missing-crypto-influencer-191449806.html


"Dismembered Remains of Missing Crypto Influencer Millionaire Found in Suitcase"

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[eXPHorizon]

Tell me Exacly or give me 1 Positive Causality that Bljatcoin brought to the world or what is the positive of it ? So far it uses up as much Electricity as entire African continent , it failed its "Store of Value" test at Covid discovery and is terrible as a Transaction means and it made more people poor than sufficiently sustainable with money (Rich). I can go on and on but i do not find any positive aspect of its existence

Ok, kiddo. It seems you started hating Bitcoin these days. Why were you asking people to donate you 3 Bitcoins then? You claimed you lost Bitcoin in the mt gox drama and you should be happy because we heard that mt gox users will get some refund. I am curious about what method would you choose to get payment of your lost funds. Probably Bitcoin cash? Well, what else can I expect?

Bitcoin gave freedom to everyone with their money, and you are one of those who adopted it. Do you want to beat Roger ver? Roger ver used Bitcoin to do his business and then started doing shit later. You are another shit. What an irony!

I will make it short.

Thanks for pointing that out. Bljatcoin comunity turns against its greatest allys and makes their work seem shit. Therefore calling greatest contributers Shit is just a reflection of the representation of Bljatcoin. Everyone is sopposed to work for free and on top of that BUY Bljatcoins.

Well done

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Torque]

The Fed and Jay Powell is so so so full of shit.

They'll look at all the seasonal spending over the summer (which would be a completely normal, typical level of spending by the way), call it "still inflation" and hike again in September.

But who the fk cares at this point. It really doesn't matter what they do for the rest of this year.

They've already signaled that a change in monetary policy is coming next year. They are already signaling that rates cuts are coming.

But why, out of the blue, would they just start cutting rates come first of next year?

Hint: they won't. There's no fkn way they start cutting rates without a valid reason. That reason is the (planned) rug-pull event they already have hashed out.

Whatever the trigger will be, whatever dominoes they allow to fall, it will be a shitshow.

And the Fed will be all like, "Oh wow, who could have seen that coming?? Hur dhur, I guess we have to cut rates now."  

[Gachapin]

Has Bitstamp changed the look of its Tradeview page? I am not able to make the chart fill the page horizontally anymore. The orderbook and the order entry form take valuable horizontal space beside the chart. Previously, they could be put below it. I'm not logging on - just using the public tradeview page.

Anyone know if it can be fixed?

same problem here. the chart is too small imo. pretty annoying.

[philipma1957]

The Fed and Jay Powell is so so so full of shit.

They'll look at all the seasonal spending over the summer (which would be a completely normal, typical level of spending by the way), call it "still inflation" and hike again in September.

But who the fk cares at this point. It really doesn't matter what they do for the rest of this year.

They've already signaled that a change in monetary policy is coming next year. They are already signaling that rates cuts are coming.

But why, out of the blue, would they just start cutting rates come first of next year?

Hint: they won't. There's no fkn way they start cutting rates without a valid reason. That reason is the (planned) rug-pull event they already have hashed out.

Whatever the trigger will be, whatever dominoes they allow to fall, it will be a shitshow.

And the Fed will be all like, "Oh wow, who could have seen that coming?? Hur dhur, I guess we have to cut rates now."  

It is not like they have not done this before.

Although I am guessing they pivot sooner than you think.

Sept --hike   +0.25%
Nov -- Pivot   -0.50%
Dec -- drop   -0.25%

Maybe you are right in fact it is more likely they end the year at todays rate of +5.08% or maybe +5.33%

Then a lower number such as 4.50% but I am hoping for a fall pivot which would be the Nov change.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com