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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[1714734864]

1714734864

[JayJuanGee]

Anything that takes Bitcoin below $20k again will make a lot of people, including me, buy aggressively. That will be a major giveaway because any positive news will lead to immediate profits even before the much anticipated bull market.

I don't see that happening though but then, we always keep open mind as either way is good for me... the beauty of DCA.

I am not sure what to make about these theories about backing up the truck - since a lot of bitcoin believers will already be buying BTC all the way down from $30k, so there can be questions about how much money many of the true bitcoin believers are going to have left if the BTC price were to drop below $20k again.

Actually, I am not left behind in Bitcoin accumulation since I started applying DCA. I might not be buying with large capital but at least I am building without minding the price. I got a decent proportion of my orders filled around $25,600 and I still orders lower. Remember in one of my comment, I told
made some gains applying DCA instead of my former pattern of buying at market price whenever I have fund available for buying.

It seems to me that relatively pure DCA practices would account for either cases in which:

1) you have some set dollar amount that you buy BTC at some set period whether daily, weekly or some other period

or

2) you buy based on when your money comes available, so the date and the amount would vary, but perhaps you would have a formula that allows you to figure out how much extra that you have available (accounting for monthly expenses to determine how much is left available, of course).

Surely the more that you vary either 1 or 2, then you are perhaps overly bringing your own discretion into the mix, and it still may well fit DCA depending on the extent to which you may well have some kind of a system in which you are trying to stay consistent but giving yourself some flexibility within some somewhat objective criteria.

So even in your case Odohu, are you holding back?  You have money in reserves in which you are going to back up the truck and start buying BTC like a mad man at certain price points?  Take a mortgage out on your house, your wife and kids?  There is ONLY so much money that anyone can get access to, especially if the price were to fall fast and then how would you be getting liquitity so quickly from other assets when BTC may well be the most liquid thing that you are holding.

If Bitcoin ever go below $20k, I will adjust my orders and be more aggressive. Also, I will immediately suspend other personal needs and use the funds to secure more Bitcoin. I know this might not be the pattern a lot of people will employ but there is nothing wrong with making some sacrifices for the greater good.

It does not sound unusually to either plan to do such a thing or to even attempt to carry out such plans if such a dip were to take place, but I still retain a certain level of skepticism regarding how BIG of a game that people tend to talk in these regards in comparison to what they are actually able to do based on the dynamics that I already described in my earlier post.

Not that I have money in reserve but under certain conditions, one will go the extra mile to achieve a target.

That's what I am saying.. it is easy to talk a BIG game in this regards, but frequently it is not going to be easy to deploy or even to decide whether to stick with the plan to deploy and/or to leverage some assets or credit that you might have available (or that you can conjure up).  Even though I am saying that I am skeptical, ultimately you are the one who is going to have to make those kinds of planning and/or execution choices and figure out if you actually ended up "backing up the truck" or whatever it was that you were planning to do in order to acquire .00324864 additional BTC.   

I did not start building my portfolio early and I am not happy I did not have a reasonable stash of Bitcoin now. So, I will not want to miss any opportunity the market offer me to gain more Bitcoin. The decision may be aggressive and rash but it is worth taking. This may not sit well with those who already have a system and pattern of buying. This does not also mean I am not following my current DCA too. I can just call it plan B. Hope this make sense a little?

Sure it makes sense, and you surely are the one in the best position to assess how aggressive you believe that you are able to be without somehow ending up causing too much stress upon yourself if post BTC performance does not end up living up to your expectations once you execute your relatively aggressive (from your perspective) additional BTC accumulation approach.

Is 26K the new 29.5K?
 

No. We was just waiting for the mini-dips to fill some more.

Who is this "we" that you are talking about?

Is the "we" in the room with you now?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vroom]

Top 25 highest grossing movies of all time!!

1. Avatar: $2,923,706,026
2. Avengers: Endgame: $2,797,501,328
3. Avatar: The Way of Water: $2,320,250,281
4. Titanic: $2,257,844,554
5. Star Wars: The Force Awakens: $2,068,223,624
6. Avengers: Infinity War: $2,048,359,754
7. Spider-Man: No Way Home: $1,921,847,111
8. Jurassic World: $1,671,537,444
9. The Lion King: $1,656,943,394
10. The Avengers: $1,518,815,515
11. Furious 7: $1,515,341,399
12. Top Gun: Maverick: $1,495,696,292
13. Frozen II: $1,450,026,933
14. Avengers: Age of Ultron: $1,402,809,540
15. The Super Mario Bros. Movie: $1,357,471,840*
16. Black Panther: $1,347,280,838
17. Harry Potter and The Deathly Hallows Part 2: $1,342,139,727
18. Star Wars: The Last Jedi: $1,332,539,889
19. Jurassic World: Fallen Kingdom: $1,308,473,425
20. Frozen: $1,290,000,000
21. Beauty and the Beast: $1,263,521,126
22. Incredibles 2: $1,242,805,359
23. The Fate of the Furious: $1,238,764,765
24. Iron Man 3: $1,214,811,252
25. Barbie: $1,212,583,000

Currently in the theaters now.

I watched these movies almost 2/3 times and these were my favourites .
Avatar, Spider-Man, Avengers, Titanic, Black Panther

What's your favorite movie?

my new favorite movie is everyhing, everywhere and all at once. such a gem

[Biodom]

Top 25 highest grossing movies of all time!!

1. Avatar: $2,923,706,026
2. Avengers: Endgame: $2,797,501,328
3. Avatar: The Way of Water: $2,320,250,281
4. Titanic: $2,257,844,554
5. Star Wars: The Force Awakens: $2,068,223,624
6. Avengers: Infinity War: $2,048,359,754
7. Spider-Man: No Way Home: $1,921,847,111
8. Jurassic World: $1,671,537,444
9. The Lion King: $1,656,943,394
10. The Avengers: $1,518,815,515
11. Furious 7: $1,515,341,399
12. Top Gun: Maverick: $1,495,696,292
13. Frozen II: $1,450,026,933
14. Avengers: Age of Ultron: $1,402,809,540
15. The Super Mario Bros. Movie: $1,357,471,840*
16. Black Panther: $1,347,280,838
17. Harry Potter and The Deathly Hallows Part 2: $1,342,139,727
18. Star Wars: The Last Jedi: $1,332,539,889
19. Jurassic World: Fallen Kingdom: $1,308,473,425
20. Frozen: $1,290,000,000
21. Beauty and the Beast: $1,263,521,126
22. Incredibles 2: $1,242,805,359
23. The Fate of the Furious: $1,238,764,765
24. Iron Man 3: $1,214,811,252
25. Barbie: $1,212,583,000

Currently in the theaters now.

I watched these movies almost 2/3 times and these were my favourites .
Avatar, Spider-Man, Avengers, Titanic, Black Panther

What's your favorite movie?

my new favorite movie is everyhing, everywhere and all at once. such a gem

I liked it too, but could not make sense out of why dildos? Imho, they did not fit into the story, but maybe it is just an example of the 'nonsensical' universe, just like the one with the "sausage" fingers?

[philipma1957]

Top 25 highest grossing movies of all time!!

1. Avatar: $2,923,706,026
2. Avengers: Endgame: $2,797,501,328
3. Avatar: The Way of Water: $2,320,250,281
4. Titanic: $2,257,844,554
5. Star Wars: The Force Awakens: $2,068,223,624
6. Avengers: Infinity War: $2,048,359,754
7. Spider-Man: No Way Home: $1,921,847,111
8. Jurassic World: $1,671,537,444
9. The Lion King: $1,656,943,394
10. The Avengers: $1,518,815,515
11. Furious 7: $1,515,341,399
12. Top Gun: Maverick: $1,495,696,292
13. Frozen II: $1,450,026,933
14. Avengers: Age of Ultron: $1,402,809,540
15. The Super Mario Bros. Movie: $1,357,471,840*
16. Black Panther: $1,347,280,838
17. Harry Potter and The Deathly Hallows Part 2: $1,342,139,727
18. Star Wars: The Last Jedi: $1,332,539,889
19. Jurassic World: Fallen Kingdom: $1,308,473,425
20. Frozen: $1,290,000,000
21. Beauty and the Beast: $1,263,521,126
22. Incredibles 2: $1,242,805,359
23. The Fate of the Furious: $1,238,764,765
24. Iron Man 3: $1,214,811,252
25. Barbie: $1,212,583,000

Currently in the theaters now.

I watched these movies almost 2/3 times and these were my favourites .
Avatar, Spider-Man, Avengers, Titanic, Black Panther

What's your favorite movie?

my new favorite movie is everyhing, everywhere and all at once. such a gem

yeah i liked it a lot

[DireWolfM14]

Who the fuck is this moron?  Doesn't he know that I'm in charge?

[Biodom]

Top 25 highest grossing movies of all time!!

1. Avatar: $2,923,706,026
2. Avengers: Endgame: $2,797,501,328
3. Avatar: The Way of Water: $2,320,250,281
4. Titanic: $2,257,844,554
5. Star Wars: The Force Awakens: $2,068,223,624
6. Avengers: Infinity War: $2,048,359,754
7. Spider-Man: No Way Home: $1,921,847,111
8. Jurassic World: $1,671,537,444
9. The Lion King: $1,656,943,394
10. The Avengers: $1,518,815,515
11. Furious 7: $1,515,341,399
12. Top Gun: Maverick: $1,495,696,292
13. Frozen II: $1,450,026,933
14. Avengers: Age of Ultron: $1,402,809,540
15. The Super Mario Bros. Movie: $1,357,471,840*
16. Black Panther: $1,347,280,838
17. Harry Potter and The Deathly Hallows Part 2: $1,342,139,727
18. Star Wars: The Last Jedi: $1,332,539,889
19. Jurassic World: Fallen Kingdom: $1,308,473,425
20. Frozen: $1,290,000,000
21. Beauty and the Beast: $1,263,521,126
22. Incredibles 2: $1,242,805,359
23. The Fate of the Furious: $1,238,764,765
24. Iron Man 3: $1,214,811,252
25. Barbie: $1,212,583,000

Currently in the theaters now.

I watched these movies almost 2/3 times and these were my favourites .
Avatar, Spider-Man, Avengers, Titanic, Black Panther

What's your favorite movie?

Those are nice movies, but i absolutely don't care about the "Grossing". In fact, it is almost the last parameter on my mind.
When I first saw "The Matrix", I thought that it was the coolest movie ever.
None of the "best" movies as far as the cinematography is concerned are on that list.
Here are two dozens of some that I liked (first that came to mind in no particular order):

2001: A Space Odyssey
The Matrix (only the first one-the original)
The Godfather and the Godfather II
Pulp Fiction
Shawshenk redemption
Idiocracy
Heat (with De Niro)
Fight Club
Inception
The clockwork Orange
Terminator 2
Interstellar
The Shining
Platoon
Aliens
Dr. Strangelove
Blade Runner
The deer hunter
Full metal jacket
Good Will Hunting
The Big Lebowski
Conformist (directed by Bertolucci)
The last tango in Paris (also Bertolucci)
Amarcord (directed by Fellini)

[Crypto_I.N]

Who the fuck is this moron?  Doesn't he know that I'm in charge?

hahaha can i take responsibility too?

Meanwhile, in bitcoin mining.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[eXPHorizon]

You Hire me you hire a Particle acclerator
😎😎😎

[BobLawblaw]

I traded some corn for dirty fiat. Need to buy a tractor and greenhouse.

Only sold half as much corn as I intended, because, fuck this price.

Let the bull-run commence; my offering to Karhu has been accepted.

[JayJuanGee]

Who the fuck is this moron?  Doesn't he know that I'm in charge?

For sure, no one is charge is a feature, and not a bug.. so his suggestion to "reset" hardly makes any sense - except that he is just spreading baloney conclusions to suggest that bitcoin is broken - when bitcoin is designed to not have any leaders.

These same tactics have previously been used in order to pump shitcoins, so it is not exactly any kind of a new talking point that has not been visited and revisited..

I traded some corn for dirty fiat. Need to buy a tractor and greenhouse.

Only sold half as much corn as I intended, because, fuck this price.

Let the bull-run commence; my offering to Karhu has been accepted.

[virasog]

Let the bull-run commence;

The Simpsons Spotted Bitcoin Price at Infinity  



Source

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[DireWolfM14]

Most of these top-grossing movies made it to the list without my support.  I've seen less than half of them, and if it wasn't for parenting I could easily have missed most of the ones I have seen (highlighted.)  Maverick I watched with my girlfriend, but she's too young for it to be nostalgic.

As for my favorite movies; The Godfather trilogy, most of Stanley Kubrick's and Sergio Leone's movies, and anything with a cameo by Deborah Harry.  

1. Avatar: $2,923,706,026
2. Avengers: Endgame: $2,797,501,328
3. Avatar: The Way of Water: $2,320,250,281
4. Titanic: $2,257,844,554
5. Star Wars: The Force Awakens: $2,068,223,624
6. Avengers: Infinity War: $2,048,359,754
7. Spider-Man: No Way Home: $1,921,847,111
8. Jurassic World: $1,671,537,444
9. The Lion King: $1,656,943,394
10. The Avengers: $1,518,815,515
11. Furious 7: $1,515,341,399
12. Top Gun: Maverick: $1,495,696,292
13. Frozen II: $1,450,026,933
14. Avengers: Age of Ultron: $1,402,809,540
15. The Super Mario Bros. Movie: $1,357,471,840*
16. Black Panther: $1,347,280,838
17. Harry Potter and The Deathly Hallows Part 2: $1,342,139,727
18. Star Wars: The Last Jedi: $1,332,539,889
19. Jurassic World: Fallen Kingdom: $1,308,473,425
20. Frozen: $1,290,000,000
21. Beauty and the Beast: $1,263,521,126
22. Incredibles 2: $1,242,805,359
23. The Fate of the Furious: $1,238,764,765
24. Iron Man 3: $1,214,811,252
25. Barbie: $1,212,583,000

[MCUKing]

__SNIP__

Haha, I can't see any of the DC Universe movies on the list the weirdest part is that Frozen 1 and 2 are on the list even The Lion King... Also in my view, this list is old because the Avatar 2nd part is not on the list.

I was assuming Fast Universe to be dumb these days still they've got 2 entries.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[SamReomo]

https://newsbit.nl/chatgpt-voorspelt-dit-gebeurt-er-wanneer-alle-bitcoins-gemined-zijn/

What ChatGPT says about 2140 is:

• Reward for miners will be transaction fees only.
• Miners need to upgrade there equipment constantly to remain in the business where competition will be much high.

"The article quote an AI source which says Bitcoin price will be from 1 Billion to 10 Billion USD by 2140."
And I just want to live by 2140 to sell my Bitcoins at that price.

Yeah, even my 0.63 BTC will bring in a pretty good sum of money, presuming that I were to be able to hang onto such quantity of cornz for another 117 years-ish.

Dont worry JayJuanGee, even if you can survive next 7 or 27 years you will get good return on your 0.6 bitcoin.

Price predicted by AI in the article in 2030 price will be 0.5 to 1 Million USD and by 2050, 1 to 5 Million USD.

Or you can  leave it for your descendant who can cash it out in next 117 years.

Well, I see that even from my own rendition of bottom prices, it will take until about late 2048^** or early 2049 for 0.63 BTC to get into entry-level fuck you status, which is meant to be $2 million based on today's prices (so not accounting for how much more the dollar might decrease). .. I am not sure if it is realistic, but surely getting us into a 25 years time frame for 0.63 BTC to reach firmly into entry-level fuck you status.. even though surely some folks might consider from their own circumstances (cost of living and/or standard of living expectations) that they may well be able to get by in a kind of entry-level fuck you status at much lower values.

** By the way, I did have to update that particular chart to add in the late 2048 projections that show the time upon which 0.63 crosses over into entry-level fuck you status, since the earlier version had skipped the relevant data from 2043 until 2056... maybe I should just plug in the whole data-set - since I do seem to end up referring to that chart quite a bit and surely folks are curious about those kinds of projections regarding when their quantity of expected BTC will cross into entry-level fuck you status and similar kinds of questions in that direction.

Raw numbers:
11/28/2048

$3,139,783   Expected 200-week moving average

0.63698674  Quantity of BTC to equal $2 million at 200-week MA price

I believe that your prediction will come to fruition in 2048 or a few years later for sure, and if that happens then a Bitcoin holder would be among the richest ones of the time. I think someone who may hold more than 10 bitcoins at that time would be able to enjoy his/her life happily without any financial issues. The king of the crypto-currency will makes many investors as kings and they will enjoy the rest of their lives without any worries only because of Bitcoin. I also believe that after 25-27 years the Bitcoin will be the highest priced digital asset available and there would be no competitors of it in those times. I would dive deep into the charts, but from my internal instincts I can surely feel that Bitcoin will be very high in value after 25 years from now and only rich people of the time would be able to purchase a whole Bitcoin in those times.