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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26490991 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
sirazimuth
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September 26, 2023, 11:13:35 PM
Last edit: September 30, 2023, 02:02:28 AM by sirazimuth



Now we have a failed beggar nocoiner basement-living incel who found god… Cheesy

…..

Oh (mythical) gawd! Don’t get me started…
philipma1957
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September 26, 2023, 11:25:56 PM
Last edit: September 27, 2023, 12:06:27 AM by philipma1957
Merited by Hueristic (1), AlcoHoDL (1)



Now we have a failed beggar nocoiner basement-living incel who found god… Cheesy

…..

Oh (mythical) gawd! Don’t get me going…

what do you like for your god no one?

an atheist or a nihilist.

i am more of an agnostic i am just smart enough to know i simply dont know
AlcoHoDL
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September 26, 2023, 11:35:22 PM
Merited by Biodom (1), JayJuanGee (1)

Fun calculation:

On 1 August 2017, Bitcoin Cash (BCH) forked from the main Bitcoin (BTC) blockchain. If you had x BTC at that time, you were given x BCH. Consider the following 2 choices:

1. Keep the forked BCH,
2. Sell the forked BCH and buy BTC.

Picking option (1) in September 2017, your x BCH, then worth around x * $500, today would be worth x * $200 ---> 60% LOSS

Picking option (2) in September 2017, your x BCH, then worth around x * $500 would buy you x * $500 / $4000 BTC at that time, which today would be worth x * $26000 * $500 / $4000 = x * $3250 ---> 550% GAIN

For exact values, replace x with the amount of BTC you had at the time of the fork.

Prices are rough & rounded approximations of spot prices of then and now. The difference in outcome is so huge that the accuracy of prices used is almost irrelevant. We're talking about 1 to 2 orders of magnitude gain in picking (2) vs. (1).

tl;dr: Fork your mother if you want fork! Get rid of all your shitcoins ASAP ---> convert to BTC ---> wait. Tried & tested, never fails.
Hueristic
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September 26, 2023, 11:46:09 PM

what do you like for your god no one?

an atheist or a nileist.

i am more of an agnostic i am just smart enough to know i simply dont know

For 30 years I have been describing myself as a Confirmed Agnostic.

*this has the added benefit of shutting up any religious arguments before they start.
eXPHorizon
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September 26, 2023, 11:47:04 PM

God is definetly real. So many events and connections i have ignored that now i see the plan and the original intentions.. So many dreams that came true and so many that did not and with purpose. God is like the Wind. You can not see it but you can feel it and see its effect on the surroundings. God works within us and outside us.

I did not found god , god found me but through out my life i was ignorant and did not walk the narrow road planned out for me.

It is all intricate tapestry.
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Explanation
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Millionero
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September 27, 2023, 12:06:16 AM
Merited by philipma1957 (2), vapourminer (1)

what do you like for your god no one?

an atheist or a nileist.

i am more of an agnostic i am just smart enough to know i simply dont know

For 30 years I have been describing myself as a Confirmed Agnostic.

*this has the added benefit of shutting up any religious arguments before they start.
Agnostics don't have the sacrament of Confirmation.  That's for Catholics.
philipma1957
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September 27, 2023, 12:08:20 AM

what do you like for your god no one?

an atheist or a nileist.

i am more of an agnostic i am just smart enough to know i simply dont know

For 30 years I have been describing myself as a Confirmed Agnostic.

*this has the added benefit of shutting up any religious arguments before they start.

agreed.

besides it is way above my pay-grade to weigh in on shit like that.

@ millionero that was pretty good.

I was a Catholic
Then a Mormon
Back to Catholic
Now agnostic.  Really comfortable with this choice.
xhomerx10
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September 27, 2023, 12:53:06 AM

what do you like for your god no one?

an atheist or a nileist.

i am more of an agnostic i am just smart enough to know i simply dont know

For 30 years I have been describing myself as a Confirmed Agnostic.

*this has the added benefit of shutting up any religious arguments before they start.

agreed.

besides it is way above my pay-grade to weigh in on shit like that.

@ millionero that was pretty good.

I was a Catholic
Then a Mormon
Back to Catholic
Now agnostic.  Really comfortable with this choice.

 I thought Mormons had to abstain from harmful substances (which include - oh the horror - coffee!)?  Some of your stories have led me to believe you did not do that.
ChartBuddy
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September 27, 2023, 01:04:49 AM


Explanation
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ChartBuddy
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September 27, 2023, 02:04:50 AM


Explanation
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Hueristic
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Doomed to see the future and unable to prevent it


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September 27, 2023, 02:40:53 AM

what do you like for your god no one?

an atheist or a nileist.

i am more of an agnostic i am just smart enough to know i simply dont know

For 30 years I have been describing myself as a Confirmed Agnostic.

*this has the added benefit of shutting up any religious arguments before they start.
Agnostics don't have the sacrament of Confirmation.  That's for Catholics.

How did I know it wouldn't stop any arguments here. Smiley

*90% of the time I have to say it to catholics.
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September 27, 2023, 03:01:19 AM


Explanation
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philipma1957
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September 27, 2023, 03:14:51 AM
Merited by Hueristic (1)

what do you like for your god no one?

an atheist or a nileist.

i am more of an agnostic i am just smart enough to know i simply dont know

For 30 years I have been describing myself as a Confirmed Agnostic.

*this has the added benefit of shutting up any religious arguments before they start.

agreed.

besides it is way above my pay-grade to weigh in on shit like that.

@ millionero that was pretty good.

I was a Catholic
Then a Mormon
Back to Catholic
Now agnostic.  Really comfortable with this choice.

 I thought Mormons had to abstain from harmful substances (which include - oh the horror - coffee!)?  Some of your stories have led me to believe you did not do that.


Never said How long I practiced mormonism (under 2 months)

So Catholic  baptism at 2 months to 23

Mormonism 23 to 23 and 2 months. I Did not mind no booze or illegal drugs, but thought chocolate was too much to ask of me.

Catholic 23 and 2 months until I was about 46. We lost our 3rd kid.

Agnostic 46 to 66.

Very likely will stay agnostic until I die as I do not expect to be visited by angels looking to save me.

Or Star Trek's "Q"

Or the bigger names which I won't mention.
AlcoHoDL
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September 27, 2023, 03:37:01 AM

[...]

Very likely will stay agnostic until I die as I do not expect to be visited by angels looking to save me.

[...]

I hope you will. Many people, just before they die, they "see the light", return to whatever religion they were indoctrinated to believe earlier, and they do a quick all-out confession to reserve their place in Heaven. Greedy motherfuckers...
JayJuanGee
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September 27, 2023, 03:37:50 AM
Merited by vapourminer (1), AlcoHoDL (1), OutOfMemory (1), Gachapin (1)

Have you reached 1BTC yet?

If not, what the fuck are you doing with your life?

What are you gonna tell your future kids and grandkids when they ask you why your bitcoin stash is so pathetic when you knew about it in 2023 or earlier?
I haven't yet because I just started acumulating using 10% of my income for regular DCA, so i believe that someday I will get there, as long as I stay focus on my goal. So that I don't end up dissapointing my kids and my grandkids because it is not too late.

It surely is not too late. 

There are so many people who have not even started.   Something like 99% of the world's population has not even started accumulating bitcoin, and even many of the 1% that have begun have not done so in a very assertive ways... and they are balanced out by the Michael Saylors of the bitcoin world or even some of the WO regulars and forum regulars who have been stacking for years.. but no need to be comparing ur lil selfie to the Michael Saylors, the WO Regulars or the forum regulars of the world... We are not typical folks in these here parts.. just like Saylor is also not typical.

Have you reached 1BTC yet?

If not, what the fuck are you doing with your life?

What are you gonna tell your future kids and grandkids when they ask you why your bitcoin stash is so pathetic when you knew about it in 2023 or earlier?
Yeah What are folks who Buy Bljatcoin doing with their Lives? Causing Inflation,Harm and Cost of Electricity to the Honest Working man ?

Here's an example of someone.. referring to eXPHorizon, in which none of us have to worry that he is going to pass us up in terms of BTC accumulation.. so perhaps eXPHorizon might start stacking 15-25 years from now, and by then many of us who are ONLY just starting out in bitcoin, will be worlds above someone like that... and by the way, even after about 3-6 years, many times rich people are not going to be able to catch up to the stacking that poor people had been carrying out, and that is part of the underlying explanation regarding how bitcoin is quite likely ongoingly serving as the greatest wealth transfer that the world has ever seen, even though it is happening right in front of us, and many of us, including beggar twat eXPHorizon, cannot see it.

Imo Not that Bljatcoin reached a Milestone that it Uses as Much Electricity like the whole African continent

For sure, we cannot really know how bitcoin's energy consumption is going to continue to increase, yet surely it does not seem to be a problem because king daddy inspires better ways to both produce and to consume electricity.. so bitcoin surely seems to be a kind of savior in the world and the ways that we think about energy... like a breath of fresh air and truth...

when it comes to energy production and consumption bitcoin seems to be very good at speaking truth to power... maths and sciences you know.... cannot beat maths and sciences when it comes to these kinds of potential propaganda and misinformation matters.

and for 1 Transaction it uses as much electricity as VW Factory uses in a day for its production..

You really don't know how bitcoin works.. and more likely you know, but you are just spouting out nonsense talking points from your handlers.

Besides folks like North Korea is using it as a means to funding....

Keep throwing out the talking points.. perhaps sooner or later one of them will stick.  Perhaps? perhaps?

Why havent you Dumped this Greater Fool Theory "asset" in the benefit of Mankind?

And end up like you?  A bitter no coiner twat?  That surely would not be a good place to be...

Who should willingly and knowingly want to be poor, dumb and bitter? 

It seems that you are not a very good model for any of us to want to emulate, eXPHorizon.
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September 27, 2023, 03:48:12 AM
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[...]

and for 1 Transaction it uses as much electricity as VW Factory uses in a day for its production..

You really don't know how bitcoin works.. and more likely you know, but you are just spouting out nonsense talking points from your handlers.

[...]

Don't bet that s/he/it knows... This is a tough subject, you know... Most people don't quite get it, and I don't believe eXPCrap is the sharpest tool in the box.
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September 27, 2023, 04:03:22 AM


Explanation
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JayJuanGee
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September 27, 2023, 04:23:33 AM
Merited by vapourminer (1), AlcoHoDL (1)

This is a great example (even though it is sad and a bit depressing, too).

Historically, I have tended to lecture forum members about any kind of overly dependence on merely earning bitcoin rather than buying bitcoin.. because sometimes there can be ways to earn money (including fiat) that is going to allow you to buy way more bitcoin than you are able to from earning, whether we are referring to a signature campaign or other ways that you might be able to get paid for providing goods, services and/or labor...
Accumulating Bitcoin with slow pace is better then no accumulation at all. There are ways to get Bitcoin like p2p trading in Binance but the issue is you need to perform KYC with Binance and that expose you. So its better not to get exposed by such platforms.

You are right that I must look to buy Bitcoins from members here but for that I need to figure out how to settle transaction.

You cant say when one will make it to 1 BTC, no one can predict future price of Bitcoin.

I am surely not trying to disrespect any of your own personal discretion because each of us have to figure out the various kinds of balances that we are going to make, including the various ways in which we either get bitcoin exposure and/or the various ways that we might be able to hold our bitcoin in private ways and even categorize the various kinds of bitcoin stash that we have.

I am not even saying that any of these balances are easy, yet I still become somewhat uncomfortable when historically some people engaged in such whimpy bitcoin accumulation strategies and they had financial means in which they could have easily UPped their bitcoin accumulation game without even putting themselves at very much risk.. besides having to have some KYC bitcoin and also perhaps some temporary exchange (third party) risk depending on how much you might choose to keep on the various exchanges or if they may or may not allow for being able to withdraw the BTC.

I surely suggest NOT letting the perfect become the enemy of the good in terms of potentially unduly limiting your own BTC accumulations more than maybe your future self might have preferred you to do...and at the same time, you are totally in charge (and responsible) for your own ways of balancing these kinds of matters...

and I also realize that sometimes people will handicap themselves on purpose because they do not actually believe in bitcoin as much as they might claim to do.. (and there is nothing wrong with that).  We surely have had some people who had regretted their earlier whimpier approach to BTC accumulation, and then they realize later in life (after the BTC price is 10x or 20x or some other multitudes/magnitudes higher that they need to become more aggressive in their BTC accumulation.. and again there is nothing wrong with any of that because each of us "get bitcoin" within our own timing .. which may well end up being at a higher price than our earlier times in bitcoin.

[...]
and for 1 Transaction it uses as much electricity as VW Factory uses in a day for its production..
You really don't know how bitcoin works.. and more likely you know, but you are just spouting out nonsense talking points from your handlers.[...]
Don't bet that s/he/it knows... This is a tough subject, you know... Most people don't quite get it, and I don't believe eXPCrap is the sharpest tool in the box.

That's true...

I had to LOL at this one..

 Cheesy Cheesy

[edited out]
If it moons from 5 to 32

he would sell around 10

all the rest would essentially be free.

And once he pays taxes on the 10 dropping back to 6.  He has 6 cash to wait for a buy the dip move.

I doubt that Saylor thinks like that.  You can listen to him and hear that he does not think like that.

In other words, there are no reasons to take profits in dollars.. or to trade or to get your investment capital back in order to lower your basis from $30k to zero.... if that is how you are thinking about it. No need to engage in that kind of selling currently or even if the BTC price goes up from here to $200k. . which results in Saylor's/MSTR's stash going from $5billion to $32billion.

You heard of the concept of letting your winners ride, haven't you?  Saylor seems to be a "let your winners ride" kind of a guy... and he can spend bitcoin as business expenses and remember he has his own BTC stash around 17k BTC or so.. maybe he has more, but geez, he is not even close to desperate in terms of places upon which he could draw some value, if he felt that he needed to buy another yacht or whatever.

Sure, he can do whatever the fuck he wants and even change is mind and/or his practices, but I see no reason to lock him into some kind of a box (or to make a prediction about what he is going to do that is surely discretionary and is not even the "best" thing to do, if we can even consider what might be "the best" thing to do).
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Explanation
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