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

[jbreher]

Hey, I heard you missed us me, we're I'm back!
I brought my pencil
Give me something to write on, man

I don't _feel_ tardy...

[eXPHorizon]

And Inflation back on the rise again...


Time for some Discombobulate  

https://youtu.be/u-z5139CW1I?si=TZSFlnRfn8x0vu-n

[JayJuanGee]

well I am ¾ Italian and fillippo is kind of Italian for Philip so Quote this 1 more time.

If I philipma1957 live into the year 2062 and past Jan 01 of 2062   to be precise:

 I will move the 0.0105 BTC into JJG's

BTC address of his choice

If JJG is dead by Jan 01 of 2062

I will move it into the BTC address of fillippone's choice.

BTW I will be 105 years old in Jan of 2062 so good luck on collecting the gift as I do not think I will get there.

It would be a great reason to give away the gift.

Thanks!
I already set a reminder on my calendar. Addy in PM.
I won’t disclose my chances of being alive in 2065,

Well, it looks like you already need reading glasses, since we were talking about 2062 not 2065, so hopefully you put your reminder in your calendar properly.

but that makes me think about the following: what does it qualifies us as “alive”?
Posting on the WO Observer seems like a good proxy. Any other idea? What is the meaning of life without posting on the WO?

That's a good point.

Your such a good sport...

*You’re

Fair enough.

And of course I miss @proudhon.
@proudhon, where art thou?

You're just worried about the receipt of your "proudhon gift."

I get the sense that you do not "really" and "truly" like him.

Of course I miss him primarily for his bet:

<...>

Target price: 170,000 USD

Not bad.
Bullish.
My body is ready.

Money is going to leave the bitcoin ecosystem over the next 12 months (and forever after on average). Bitcoin will never reach that price. If it does, I'll buy $10k worth and give it to you.

Quoted for reference.
Please someone help me remember when it happens!

But I liked the lateral humor and the contrarian stance. Also bearing in mind he probably has the biggest stash here on the WO adds some humor to his posts.

Not easy to know if he might have any BTC or not...Presumptively he has enough BTC to consider that the equivalent of 0.05882353 BTC (in other words $10k at the price of $170k) would not be any meaningful skin off his back to give those over to an internet stranger.. unless maybe you and he might happen to be the same peep?  

I have dreamed for a long time that if I live I can own a lot of bitcoins one day but I think that somehow I don't know how to accumulate and earn a lot of bitcoins, but I dream that one day I will know and have a lot of bitcoins. I can own it.

What do you consider to be "a lot of BTC?"

It seems to me that you may well not need as many BTC as you might think that you need, and one of the things is to get the fuck started sooner rather than later... and sure even though stacking $100 per week seems like a decently good amount right now, yet even for peeps who don't have $100 per week for stacking, the they still likely witness decently good results, especially if they might have a relatively long investment timeline that might go 20-30 years or longer...

In 2043 or 2053, you may well be quite impressed by how many BTC you have relative to people who might have delayed their BTC stacking a lot more than you... and surely there are a lot of folks in the world who are either no coiners are low coiners.. perhaps more than 99% of the world's population.

[...]
I am quite likely not going to be holding my breath for any of this, even though I do see why some people are getting bored, and maybe they feel that they already accumulated enough BTC in these prices, which maybe it could be the case, but being more than $1k below the 200-week moving average (at $27,498 right now) does not seem to be a very healthy place in order to have a further break downwardly.. but hey, breaking down (if it is possible) might end up shaking some weak hands, if it does not end up recking some bearwhale twats prior to their ability to be able to buy back the coins that they had ended up selling in such desires to try to get the price of cornz to go downity rather than uppity or sideways.

@JJG seems Saylor and yourself are on the same page:

I knew that he was stealing my work (ideas).

[...]

Your such a good sport...

*You’re

+1. Language is important.

Sorry Jay, fillippone's got you there. And notice the type of apostrophe he's using: it's slanted (’), not straight ('), meaning he's either using a Mac or he's Nullius' alter-account. Either way, kudos to him.

Upon first read, I had not even noticed the " ' " direction.

[fillippone]

Well, it looks like you already need reading glasses, since we were talking about 2062 not 2065, so hopefully you put your reminder in your calendar properly.

Well, I had to double-check, but I was apparently right.



For the lulz.
By far the longest appointment on my calendar.

[JayJuanGee]

Bitcoin has finally achieved $27k price mark once again! Soon it will reach $29k and again! Go Bitcoin go, you can reach that price mark easily.

At least the price is bumping, don't be surprised when it gets back to $25k or $26k again..
Good to see it at $27k but I don't see it going to $29k too soon...
Is like the price is not sure of going up or down... Feel like bitting my fingers off😬

You are correct Sexylizzy that this recent price bump is not really very eventful, but I think that your presumptions that it is going to go back down to the lower ends of the "don't wake me up" zone is a bit overly optimistic (or overly pessimistic?) in terms of where we are at and where we might go .. including but not limited to the ongoing UPpity potential of king daddy. 

Hopefully you are not waiting to buy more BTC at lower prices and/r that you are not sufficiently prepared for UP, in case we don't get any further down before up... but who knows.. sure this could be a fakety fake... it was ONLY a $2k pop from $26k to $28k within about 2 hours, so sure it could correct back down.. but then again. maybe it won't?

Buddy's missing all the fun!

but but but I need more time to pad my lead.

Yes.  "We" know that you sold too many below $20k and have not yet bought them back.

 

Hey, I heard you missed us me, we're I'm back!
I brought my pencil
Give me something to write on, man

Is that a threat?


How long are you planning to be around?  a whole week? 

Maybe a month or two?

Hey, I heard you missed us me, we're I'm back!
I brought my pencil
Give me something to write on, man

I don't _feel_ tardy...

You too?

Ditto my above questions to PoolMinor... and maybe a few more, but I don't wanna be too much meanie or to appear unwelcoming prior to any possible substantive irritants coming out of your keyboard, if you know what I am talking about, willis?

And Inflation back on the rise again...
Time to for some Discombobulate 
https://youtu.be/u-z5139CW1I?si=TZSFlnRfn8x0vu-n

That wasn't a bad clip, I must admit.. even though surely a bit of a fantasy... but looked pretty real.

[OgNasty]

A nice price jump surprise but I’m wondering if the mtgox disbursement is ever going to happen. Will it take the wind out of the ETF approval announcement when it happens? Are either of those events going to happen before the halving? This seems like the drama that won’t stop. Hopefully in the next 8 months we get all this behind us and can see how high this beast will climb.

[philipma1957]

Seems like $26,000 is the new steady-state price... For how long? "Please, Bitcoin, do something!" etc., etc.

It always locks on round numbers. Must be human psychology. Would be interesting to see the price lock at $26,450 for a change. Or, even better, lock at $264,500.

(Most) folks just tend to be drawn to simplicity.
I confess, me too. "Buy and hodl" is my favourite  

Back in the early days, I used to set limit prices based on the digits of Pi or other math constant. Like $314.159. It was fun to spot the transaction as it went through in the order book. Now I just do round numbers like the rest of us.

PS: This could even be an OPSEC issue I guess (but I bet there are many more OCD types out there)...

Yep, all my buy prices end in XXXXX.88

If you see those on the buy books, you know it is me!

About a year ago, Bitstamp disallowed placing orders that use cents, and therefore we ONLY get round numbers and no decimal places with them.  Personally i don't like that decision of theirs.

Gayest thing ever 😆

You should know.

I am developing a short-attention-span from all the merit parasites and their empty white noise posts.

True dat!

And of course I miss @proudhon.
@proudhon, where art thou?

You're just worried about the receipt of your "proudhon gift."

I get the sense that you do not "really" and "truly" like him.

bitcoin is flat, though...who of OGs is the most responsible for it?

Blame Philipma1957.  At this particular moment, I cannot think of any candidate more eligible.

[...looking at the screen menacingly]
There is no answer, but in the old old times, when there was no rain, they always found a witch/warlock whodunit and sacrifice her/him for the "greater good".
Sometimes it 'worked', too.

I would not want phil to be sacrificed.. especially since he does not have very many years left.. I mean maybe 2062 at the outside of things.

I tell you what if I make it to 2062 I will personally give you 0.0105 BTC.

 In fact I will deposit it right now.

3Mw9mvjTjWtpxhmctdLa5Awj5gGUbSChKV

To all I will pay JJG 0.0105 BTC if I live to 2062

someone quote this please.

https://www.blockchain.com/explorer/addresses/btc/3Mw9mvjTjWtpxhmctdLa5Awj5gGUbSChKV

price of btc at time of the original  post 25,985
price of btc less than a day later 27,705

[JayJuanGee]

A nice price jump surprise but I’m wondering if the mtgox disbursement is ever going to happen.

Yes

Will it take the wind out of the ETF approval announcement when it happens?

No

Are either of those events going to happen before the halving?

Yes

This seems like the drama that won’t stop. Hopefully in the next 8 months we get all this behind us and can see how high this beast will climb.

No


**That was easy... just alternate between yes / no.

I would not want phil to be sacrificed.. especially since he does not have very many years left.. I mean maybe 2062 at the outside of things.

I tell you what if I make it to 2062 I will personally give you 0.0105 BTC.

 In fact I will deposit it right now.

3Mw9mvjTjWtpxhmctdLa5Awj5gGUbSChKV

To all I will pay JJG 0.0105 BTC if I live to 2062

someone quote this please.

https://www.blockchain.com/explorer/addresses/btc/3Mw9mvjTjWtpxhmctdLa5Awj5gGUbSChKV

price of btc at time of the original  post 25,985
price of btc less than a day later 27,705

You better buy (or replace) the 0.0105 BTC that you promised before it is too late.  Otherwise you may well be regretting another mistake of yours...and then if it ends up costing your $80k to buy it, then that may well end up being a sucks to be uie-pooie moment, even if you might still be happy to be alive with a nurse wiping your butt on the daily. #nohomo

[philipma1957]

A nice price jump surprise but I’m wondering if the mtgox disbursement is ever going to happen.

Yes

Will it take the wind out of the ETF approval announcement when it happens?

No

Are either of those events going to happen before the halving?

Yes

This seems like the drama that won’t stop. Hopefully in the next 8 months we get all this behind us and can see how high this beast will climb.

No


**That was easy... just alternate between yes / no.

I would not want phil to be sacrificed.. especially since he does not have very many years left.. I mean maybe 2062 at the outside of things.

I tell you what if I make it to 2062 I will personally give you 0.0105 BTC.

 In fact I will deposit it right now.

3Mw9mvjTjWtpxhmctdLa5Awj5gGUbSChKV

To all I will pay JJG 0.0105 BTC if I live to 2062

someone quote this please.

https://www.blockchain.com/explorer/addresses/btc/3Mw9mvjTjWtpxhmctdLa5Awj5gGUbSChKV

price of btc at time of the original  post 25,985
price of btc less than a day later 27,705

You better buy (or replace) the 0.0105 BTC that you promised before it is too late.  Otherwise you may well be regretting another mistake of yours...and then if it ends up costing your $80k to buy it, then that may well end up being a sucks to be uie-pooie moment, even if you might still be happy to be alive with a nurse wiping your butt on the daily. #nohomo

If I make it to 105 I won't give  FUCK ABOUT THAT COIN. I will be happy to hand it over.  With simple proof of A LIVING JJG  or if not a living fillipone

[STT]

Since when does the US capitulate to some backwoods touristy island when it comes to charging criminals?  

Its quite common for the country extraditing the criminal to specify no death penalty or other conditions that are aligned with their own laws in facilitating details during the transfer process.


BTC quietly closing today above the 200 day average day is a nice ending to the recent negative action.  Of course I may presume too much, one day is just 24hrs but every bit helps to turn the tide.

[JayJuanGee]

[edited out]

If I make it to 105 I won't give  FUCK ABOUT THAT COIN. I will be happy to hand it over.  With simple proof of A LIVING JJG  or if not a living fillipone

Don't shoot the messenger.

I am largely just trying to repeat the idea regarding some kind of ballpark ideas for the replacement cost for that coin in 2062 as compared today which is likely going to have a pretty big difference, as I already mentioned my previous posts, as shown below.

And, that's probably going to be a lot of money.. My 200-week moving average fuck you table does not include a date out that far.. so I might have to update my table to see where I project the 200-week moving average to be at that time, and then in the end, how close the actual BTC price might end up getting to the projected price by such date.

Edited:  I just did a quick look at my extended chart (on my computer), and the projected 200-week moving average looks something like this for late 2061.

(Date)	(RL_Price)	(BTC Bottom)	(%gain/time)	(% Rate ∆)	($ Amount ∆)	(#Coins/FU Status)
11/28/61		$8,225,050	3.28%	99.00%	$270,127	0.24315963

That would mean right around $86,363 for 0.0105 BTC.  Seems like a lot to just give away, but hey, if you make it to 105, then  surely that would be reason to celebrate, and stocking it away today ONLY costs a mere $273, and what is $273 between good ole buddies?  

BTC quietly closing today above the 200 day average day is a nice ending to the recent negative action.  Of course I may presume too much, one day is just 24hrs but every bit helps to turn the tide.

I am not sure how many shits can be given about the 200-day moving average, but the same statement about closing higher than seems to be true in regards to the 200-week moving average too, and so I suppose that those two are coincidentally in similar places.. but still being a long-term investor, it seems to be a bunch of noise to be taking too much account for daily indicators, including ones that go out as far as 200 days.. and sure if you think about it, the 200-day moving average is more or less the same as the 30-week moving average.. yet who gives too many shits the 30 week moving average either... especially when we have the 100-week moving average and the 200-week moving average as more steady longer term indicators.. with the 200-week continuously moving up (but sometimes at a lesser slope of upwards.. which might some day have some negative periods in the slope, but not yet) and the 100-week moving average actually moving both up and down. .and so they are currently getting to a point in which they are coming closer together with the 100-week moving average starting to get below $32k.

[nutildah]

Do my eyes deceive me or has ChartBuddy gone back into stasis?

I suppose his work is done here for the moment.

Congrats Phil, you now have a chance to create some breathing room between you and Bud.

I would love to make an alt account, curious how long it would take to be trapped in here...

 

Not long fren

[JayJuanGee]

I would love to make an alt account, curious how long it would take to be trapped in here...

 

Not long fren

Oh gawd....  



Each of us should aspire to be just like daddy tildah..



right?




right?









rrrrrrrrrriiiiiiigggggghhhhhhhtttttttt?

[philipma1957]

Do my eyes deceive me or has ChartBuddy gone back into stasis?

I suppose his work is done here for the moment.

Congrats Phil, you now have a chance to create some breathing room between you and Bud.

I would love to make an alt account, curious how long it would take to be trapped in here...

 

Not long fren

yeah maybe I can get a 3k lead

[eXPHorizon]

I would love to make an alt account, curious how long it would take to be trapped in here...

 

Not long fren

Oh gawd....  



Each of us should aspire to be just like daddy tildah..



right?




right?









rrrrrrrrrriiiiiiigggggghhhhhhhtttttttt?

[Franctoshi]

A. D. C. court has ruled in favour of Grayscale

[Hueristic]

https://twitter.com/BTCTN/status/1696713063284519104?t=AK6OSoc5RxCkwVLLcTgwtg&s=19

Welcome to my ignore spammer.

TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS.

[PoolMinor]

A nice price jump surprise but I’m wondering if the mtgox disbursement is ever going to happen. Will it take the wind out of the ETF approval announcement when it happens? Are either of those events going to happen before the halving? This seems like the drama that won’t stop. Hopefully in the next 8 months we get all this behind us and can see how high this beast will climb.

ETF will be approved just in time to justify the real bull run late September 2024.

[AlcoHoDL]

he's either using a Mac or he's Nullius' alter-account. Either way, kudos to him.

Me being alt of Nullius would be one hell of a plot twist!
Check my feedback page for reference!

Of course you aren't, it was meant as a semi-joke. Your correction to Jay and the apostrophe comment were the serious part. I pay attention to such details, and appreciate people noticing them.

Where is Nullius BTW? I miss him and his beautiful Greek goddesses...  

[nutildah]

ETF will be approved just in time to justify the real bull run late September 2024.

This is a good theory, could be. Our brains instinctually want to attribute news items to price movements to make them make sense - its comforting - but in reality the price just moves on its own accord. Corn gonna do what it wants.

Where is Nullius BTW? I miss him and his beautiful Greek goddesses...  

To quote JJGrungus, "Oh gawd."