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

[Biodom]

Inter-generational wealth is a nice dream, but for most it ain't going to happen even if bitcoin skyrockets.
Why? Because you don't really have full control over how the following generations would squander it.
Yeah, yeah, I am aware of trusts, etc.

Still, sometimes "you can bring the horse to water but you can't make it drink".
Typically, it is all lost within 2-3 generations (at most). In 70% it is lost by second gen and in 90% by the third.
https://romanosumner.com/blog/avoid-losing-generational-wealth/

Of course, everyone knows about Rothschilds and few others, but they are the outliers, so don't keep your hopes up too much, be realistic about it.
That said, giving the 'wealth' away in donations to extended family and charities (once bitcoin is in $ seven digits and even few bitcoins would represent something substantial) is an attractive proposition.

[SamReomo]

Oh?  There is something that "we" are "supposed to do" before sending merits?

That's news to this here cat.

Ah, you are right! It's not really worth it to go after the source of every image that's posted in this thread. The users who post such content should at least quote the link of the real source below the image to avoid any kind of plagiarism because once the real reference is quoted and proper credit is given to the original content creator then there isn't any kind of plagiarism involved in posting such images. 

Sure.  Bare minimum should be to provide the source for substantive content, such as text, but mere images may or may not need references... although personally I get the sense that if the image has substantive information beyond some joking matters, then it is probably a better practice to provide the source for such substantive content.

But your earlier framing of the question has to do with whether the smerit sender has some kind of obligation to research into matters before sending smerits.. which is not the case, even though you suggested that maybe it should be the case.. which also might be what some other members believe is (or should be) required. 

Go ahead.  Propose your change to the current system.  Such obligation does not currently exist... and once you propose it, how far are you going to go with it?  is such proposed change going to be enforceable?  is such proposed change going to have negative ramifications?

I actually said those words because it would be somewhat helpful to research something in depth on in case of those who are constantly posting plagiarized content without and mention of the original sources, but I still agree that it isn't possible for merit sender to research each post before sending the merits. It's someone's own right to send merits to a member, and if someone finds a post interesting then they can send merits without asking.

I'm sorry for the comment, I just said that to make things better for the forum, and I really didn't pointed fingers towards you because I really respect you as you have been doing really great for the forum and at the same time helping good posts with merits. I would really not add anything further for that change because I believe that the system is working in the best way and it doesn't need any change. I think it's better to find another way out rather than changing the system of the forum which's already in the best way possible.

[eXPHorizon]

well well well, I can see i'm in your list,
throwout the entire life earned almost 15 merits, I am probably the most miserable Merit Hunter ever, lol.

Do not worry you do not need to be on his Unignored list. He is kinda hating everyone most of himself. 😁😁 So .. dude make none of it, it aint worth it

[adultcrypto]

Hope everyone is buying these sweet sweet coins. Not many more will be sold sub $30k.

Those paying attention do understand that the 30k zone is about to be crushed. The current accumulation is to build up momentum for what is coming as we enter Q4 of 2023. Indeed, interesting times are ahead.

Oh?  It's happening in Q4.

I believe Q4 2023 will be the build-up to the anticipated bull run of 2024. Many crypto experts are in agreement with this and even Binance is also launching their Bitcoin mining infrastructure in October 2023. So, in my opinion, to buy Bitcoin in preparation for the bull run that will ensue from the halving of 2024, Q4 2023 is a good time to buy low.

Oh?  So you are suggesting to continue stacking sats through Q4 in order to be prepared for further UPpity coming in 2024.

I suppose such a thing could happen, but what is your level of confidence?

You appeal to authority ("experts" and "Binance is doing"), yet are you prepared financially/psychologically for other kinds of scenarios that could play out?

Are you using leverage or over-investing into BTC in terms of your own preparations?

Honestly, these are serious and important questions! Of a truth I learnt about cryptocurrency the hard way... I have falling victim of scams in different forms and formats, holding a bag of shitcoins they dumped on me, and many other terrible experiences. Perhaps, if I had found this forum when I started my crypto journey, I wouldn't have made some mistakes, given the quality of information available here. I almost gave up at some point but then I asked myself, if I give up on crypto and investing, how do I achieve the future I desire.

Well, I made some rules which I have been using for a while and I am glad I did that. Some of them include investing what I can afford to lose because nothing is guaranteed. Another is to put 90% of my investment money in Bitcoin that have proven to be more reliable than other cryptocurrency.

Are you planning to sell BTC in 2024 or sometime thereafter based on the BTC price appreciation that you are expecting to take place?

I do not plan to sell all my holdings but then, if I see good profits, I can take some money out to meet some needs. My holding is not that big because I am a low income earner and that is why I am working towards growing it... so far, Bitcoin offers such opportunities.

[JayJuanGee]

Once Bitcoin  is captures all of these
 it's game over for FIAT
I think Probably Bitcoin should start with processing more than 10 transactions at the same time without dying first.


Source

You are combining the quotes of two different tweets in that thread, which may well be considered plagiarism.. if you are trying to suggest that those are your own words.

Failure to properly source might well be considered plagiarism...

And, sure part of the problem when members don't have any of their own ideas.. to even say any kind of comment about the substantive that they are posting.

My body is ready for up only season.
@rektcapital
Only 8 months left until the #BTC  Halving

After that, $BTC will most likely enjoy parabolic Post-Halving upside

In the meantime, there is scope for at least one or two deeper BTC corrections

We're slowly running out of Pre-Halving retracement opportunities
https://twitter.com/rektcapital/status/1687037871822147584

This is going the most monitored halving ever. A lot of money is expecting a bull run until 6 months after halving. I am not sure how can we have severe retracements, even if as usual mixed feelings here: opportunity to stack more sats, bitcoin just being bitcoin vs the joy of seeing hyperbitcoinisation a little bit closer.

Throw away this uncertainty. I am confident about the next bull run that it will happens at some points in the next year. So just stacking up my bags with more coin before it shoots up from my hands. Some skeptic were waiting for 12k which never come and now they are waiting for 20k which won't see the light as well. Not wasting time thinking about them while its not too late to join the party.

That seems like a decent plan, a decent assessment of what happened and what might happen.  Almost worth saying "ditto dat."  Almost.

Life changing money, brother.

We only are temporary custodian of intergenerational wealth.

I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins.

Probably someone else will quote you after ten or twenty more years.
Someone might be wealthy even with ONE Bitcoin, and I can see this is not too far.

Aren't you stating the obvious Learn Bitcoin?

I know my April 17, 2023 table is not that user-friendly, but it shows a decent amount of history regarding how many BTC it took to get to default entry-level fuck you status as compared with how many it takes now and how many it is projected to take in the future.  Surely, we can still see those numbers going down, including the number of digits going down (which means changes that are magnitude rather multiples).

So in mid-2014, it took 43,098.6 BTC to get to default entry-level fuck you status

and in mid-2016, it ONLY took 5,785 BTC to get default entry-level fuck you status

and in mid-2019, it ONLY took 618.6 BTC to get default entry-level fuck you status

and right around now mid-2023, it takes ONLY 73.64 BTC ($2,000,000 / $27,159) to get default entry-level fuck you status.

So the table also shows that 10 BTC and 1 BTC get you to default entry-level fuck you status by late 2029 and late 2043 respectively.

Sure the table could end up being wrong - yet we should be able to seen the direction that it seems to be going (at least so far).. and I doubt that there are any real factual matters that completely undermine the direction, even if the magnitude and/or multiples might end up getting reflected differently in the future as compared to what they look like currently (including my April 17, 2023 posting of that information).

....(once bitcoin is in $ seven digits and even few bitcoins would represent something substantial) is an attractive proposition.

Seven digits could end up happening this cycle, or next cycle, or the following cycle, or if not one of those, then one of the later cycles.

Did I sufficiently cover my prediction?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinPak]

Once Bitcoin  is captures all of these
 it's game over for FIAT
I think Probably Bitcoin should start with processing more than 10 transactions at the same time without dying first.


Source

You are combining the quotes of two different tweets in that thread, which may well be considered plagiarism.. if you are trying to suggest that those are your own words.

Failure to properly source might well be considered plagiarism...

And, sure part of the problem when members don't have any of their own ideas.. to even say any kind of comment about the substantive that they are posting.

Thanks @JayJuanGee I made a mistake
Now I have corrected my mistake and futher
i will include my own word with source for well explain.
One Again Thank You.

[JayJuanGee]

[edited out]

...... and I really didn't pointed fingers towards you ...

Just for clarity.  You can say whatever you like.  I am not taking any of this personally, even if some of the comment are directed towards some of my practices.. members can say whatever they like, even if they don't like what I am doing or they don't like me.

Even in regards to the topic, there are differences of opinion, and it seems to me that some people make comments about all the trolls/spammers/scammers in this here thread, and yeah, it can sometimes be annoying, but members do not need to participate in this thread, and they can ignore members and/or they can complain about it (or try to lobby other members to their whiny complaining side of matters).

It's a free country (thread) the last time I checked.





.... wait

well well well, I can see i'm in your list,
throwout the entire life earned almost 15 merits, I am probably the most miserable Merit Hunter ever, lol.

Do not worry you do not need to be on his Unignored list. He is kinda hating everyone most of himself. 😁😁 So .. dude make none of it, it aint worth it

Here's a perfect example...

Every once in a while, even the dweeb twat posters here say something insightful and/or funny.




YOU GO Horizon dee mizone.....!!!!!  ..you little BTC begging and simultaneously BTC naysaying twat.


 

Hope everyone is buying these sweet sweet coins. Not many more will be sold sub $30k.

Those paying attention do understand that the 30k zone is about to be crushed. The current accumulation is to build up momentum for what is coming as we enter Q4 of 2023. Indeed, interesting times are ahead.

Oh?  It's happening in Q4.

I believe Q4 2023 will be the build-up to the anticipated bull run of 2024. Many crypto experts are in agreement with this and even Binance is also launching their Bitcoin mining infrastructure in October 2023. So, in my opinion, to buy Bitcoin in preparation for the bull run that will ensue from the halving of 2024, Q4 2023 is a good time to buy low.

Oh?  So you are suggesting to continue stacking sats through Q4 in order to be prepared for further UPpity coming in 2024.

I suppose such a thing could happen, but what is your level of confidence?

You appeal to authority ("experts" and "Binance is doing"), yet are you prepared financially/psychologically for other kinds of scenarios that could play out?

Are you using leverage or over-investing into BTC in terms of your own preparations?

Honestly, these are serious and important questions! Of a truth I learnt about cryptocurrency the hard way... I have falling victim of scams in different forms and formats, holding a bag of shitcoins they dumped on me, and many other terrible experiences. Perhaps, if I had found this forum when I started my crypto journey, I wouldn't have made some mistakes, given the quality of information available here. I almost gave up at some point but then I asked myself, if I give up on crypto and investing, how do I achieve the future I desire.

Well, I made some rules which I have been using for a while and I am glad I did that. Some of them include investing what I can afford to lose because nothing is guaranteed. Another is to put 90% of my investment money in Bitcoin that have proven to be more reliable than other cryptocurrency.

Are you planning to sell BTC in 2024 or sometime thereafter based on the BTC price appreciation that you are expecting to take place?

I do not plan to sell all my holdings but then, if I see good profits, I can take some money out to meet some needs. My holding is not that big because I am a low income earner and that is why I am working towards growing it... so far, Bitcoin offers such opportunities.

Fair enough.

It sound like you are working on trying to improve your perspective, and surely it can take a while to fix some of your previously bad ideas, including your perhaps believing the term "cryptocurrencies" has some meaning.. so you might well need to learn about that, too... but hey, Rome wasn't built in a day, right?

I am pretty sure guys here would be willing to help you in terms of various BTC accumulation strategies that might attempt to revolve mostly around buying and HODLing, and sure we might talk about some other things here too, except for if you want to talk very much about shitcoins, beyond denigrating them, you likely will not be received too well in these here parts, but there surely are some threads in which you can either talk about shitcoins directly or even derangedly trying to use shitcoins to get more BTC and those kinds of diversification distractions.. but if you are 90% bitcoin, then that is a bit of a better start.  There is a lot that can be learned about bitcoin.. and sure there might be some bitcoin tangential projects.. but yeah, there are so many ways to deviate off path too, when you start getting into some of the non-bitcoin projects and sure sometimes the line is not exactly clear.

In the end, each of us likely realizes that we have to end up both choosing our own path and taking responsibility over our own path, but sometimes it can still help to bounce some ideas off of other members, and maybe sometimes they will give you some perspective that you did not have, but at that same time, you likely are going to gain more in terms of honing your own perspective in terms of how much of a balance that you believe is going to be suitable to your own circumstances that include your own psychology and finances.

Once Bitcoin  is captures all of these
 it's game over for FIAT
I think Probably Bitcoin should start with processing more than 10 transactions at the same time without dying first.


Source

You are combining the quotes of two different tweets in that thread, which may well be considered plagiarism.. if you are trying to suggest that those are your own words.

Failure to properly source might well be considered plagiarism...

And, sure part of the problem when members don't have any of their own ideas.. to even say any kind of comment about the substantive that they are posting.

Thanks @JayJuanGee I made a mistake
Now I have corrected my mistake and futher
i will include my own word with source for well explain.
One Again Thank You.

Your reputation will likely improve if you both include your own words and clearly cite the words of others.  If you also give some of your own analysis of the topic in which you are posting about, then you are likely going to distinguish yourself from the shitty and seemingly lazy posters.. and we get quite a few of them frequenting this thread.. and by the way some of the more senior members here started out as really shitty posters, too... but some of them improved (not all of them, but whatever.. we shouldn't let the perfect be the enemy of the "good enough," right?).  

I know that there are a lot of members who are sloppy in the forum on the same point of not very clearly citing their references, but just because other members are sloppy should not justify choosing to be sloppy like they have chosen to be.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[eXPHorizon]

well well well, I can see i'm in your list,
throwout the entire life earned almost 15 merits, I am probably the most miserable Merit Hunter ever, lol.

Do not worry you do not need to be on his Unignored list. He is kinda hating everyone most of himself. 😁😁 So .. dude make none of it, it aint worth it

Here's a perfect example...

Every once in a while, even the dweeb twat posters here say something insightful and/or funny.




YOU GO Horizon dee mizone.....!!!!!   ..you little BTC begging and simultaneously BTC naysaying twat.


 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

[eXPHorizon]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[SamReomo]

[edited out]

...... and I really didn't pointed fingers towards you ...

Just for clarity.  You can say whatever you like.  I am not taking any of this personally, even if some of the comment are directed towards some of my practices.. members can say whatever they like, even if they don't like what I am doing or they don't like me.

Even in regards to the topic, there are differences of opinion, and it seems to me that some people make comments about all the trolls/spammers/scammers in this here thread, and yeah, it can sometimes be annoying, but members do not need to participate in this thread, and they can ignore members and/or they can complain about it (or try to lobby other members to their whiny complaining side of matters).

It's a free country (thread) the last time I checked.

I said everything according to the matter and I really didn't intended to attack you personally. Thanks for understanding me, and yes I would still stick to my previous comment that sending of merit is someone's own right and no body needs to guide the sender of the merits. I truly respect you and I can surely say that you are among the most generous members of the forum.

I agree with you that those who don't really like someone's opinion can easily ignore such users and there is no need to take such things to very high levels. It's always better to avoid such users who tend to post spamming messages because it's really not worthy to waste your time on such users. However, if someone doesn't like a user's opinion then he/she should not reply to that user if he/she doesn't want to add new members in his/her ignore list.

That's the power of @El duderino_! He sent 50 merits to show that he doesn't care anything at all. Ah, man you're really awesome. Well, that really show that the sender has the power to merit anyone, and in this case the merits were sent to ChartBuddym and I must say that it deserved those merits!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[HI-TEC99]

"I'm not concerned about the Fitch downgrade", says Jim Cramer
https://www.youtube.com/watch?v=Xth_cjJ3uuo

Oh, boy.

[hafiztalha]

Is this news correct or not?

Elon Musk and his platform X to launch their own stock trading and BitcoinBTCCrypto trading  platform.


Source