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

[JayJuanGee]

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 just started to be in bitcoin and it is likely to take a long time to get 1 bitcoin for now especially with the price that is now too high and my relatively small income is clearly difficult to get 1 bitcoin easily.
But apart from all that I think with my current age which is still quite young because it is in the middle of 30 years I want to do as much as I can regardless of whether I can finally collect 1 bitcoin or not I will still be proud and show it off to my children and grandchildren when I have a wife, children and grandchildren

Currently, my focus for goals is
1. work as well as possible so that my financial condition is guaranteed.
2. looking for someone with whom I can have a serious relationship.
3. DCA to smooth my intention to reach 1 bitcoin or more if I can.

At the risk of my being redundant in this post as compared with my earlier post on the topic, I am not sure if you need to reach 1 BTC.. It is sort of an arbitrary thing to focus on 1 BTC when it might not be a practical goal.. but surely that is up to you and your capacities and your timeline. 

Any amount of ongoing BTC accumulation is likely to put you in a better place so long as you do not overdo it and cause yourself to have to give up some or all of your BTC...

So I would suggest to try to consider being practical in terms of whether or not it is a good idea for you to focus on an arbitrary goal of 1 BTC merely because someone else said that 1 BTC is good.. without even knowing your particular circumstances.

One of the best things that any of us can do when it comes to bitcoin is to allow bitcoin to help us to be able to figure out our own financial and psychological circumstances and thereby be able to tailor our BTC accumulation to our own particulars.. 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

...
@BritishHodl
....
https://x.com/britishhodl/status/1706297759928557576

you posted some interesting stuff from this channel recently. So I added it to my hopium feed.

this video about "demand shock" was quite nice as well:

https://twitter.com/britishhodl/status/1705978145999045047

(sorry in case that's a double post)

@IIICapital and @therationalroot are great accounts to follow too.

I like to have a solid group of accounts to pick up little bits of advice and info from going into each cycle. Obviously you need to DYOR and make your own decisions on how much, when to sell but it’s good to take on bits of advice or info from smart people to help you make the right decisions.

A select few guys from here were invaluable to me in 2020/21. I won’t name them for privacy reasons but you know who you are.

thanks! following the root already. unfortunately he doesn't post very frequently.

selling near the top is of course compelling. but one day it will stop working, and you will sell too early.  If it's an BTC amount you are ok with to let go and never get back, all fine though.

But, as I know from experience, selling for 1/20 or 1/100 of the price you could get in a few years can cause you some regrets (even if you made huge profits).

[ivomm]

The new, rather premature ETF delay clearly shows the SEC's intentions to delay until the end. Apparently, they will delay the others as well, and they will try to appeal the court's decision on Grayscale, or make them file a new application and start the delays again. I honestly expected Gary to wave the white flag and give ETF in October. I thought his lawyers would say to him, "Gary, you've exposed yourself a lot, another delay or lost case won't be good for your career." But apparently his lawyers are assholes like him. However, his behavior gradually crosses the line between stupid stubbornness and pathetic oligophrenic. It was evident in his inability to answer any question in front of congress, especially when he was pressed on ethereum if it was a security, provided that months before that, he was giving interviews that it was a security. However, the money and influence of the ethereum mafia is no less weak than that of FTX, and they clearly bribed him. Why didn't Gary demand that the politicians return the money received as donations? The little woosy doesn't have balls for that. And then when he decided to blame the bankruptcy of the banks on Bitcoin, they made a laughing stock of him.

All this clearly shows that Gary is corrupt to his bones and cannot think rationally anymore. You have to be a total schizophrenic losing case after case, being humiliated in front of the whole world over and over again and still persisting with delays. He will apparently continue to try to procrastinate furthermore by appealing the court's decision and by continuing to adjourn with the same arguments, unable to come up with even one new argument. In the extensive reasons for the refusal, it seems to me that it often refers to "academic" studies and "lawyer" opinions published on the Internet. My basic check clearly shows that these are some fake sites created with free generators. There is not a single contact that verifies that real people are behind these opinions. Yes, they've taken it that far, they're shaking their pants in fear of Bitcoin. For Gary and his sock puppeteer Powell, the upcoming Bitcoin bull run is a national threat, and they are ready to act crazy until the court forces them. I even think they are so scared that at the next collapse of some crypto exchange, they will revoke all ETFs, using the occasion to their advantage. It is clear that the court will cancel this manifestation of insanity, but I would not be surprised if they resort to this option as well.

[SeriouslyGiveaway]

Any amount of ongoing BTC accumulation is likely to put you in a better place so long as you do not overdo it and cause yourself to have to give up some or all of your BTC...

So I would suggest to try to consider being practical in terms of whether or not it is a good idea for you to focus on an arbitrary goal of 1 BTC merely because someone else said that 1 BTC is good.. without even knowing your particular circumstances.

One of the best things that any of us can do when it comes to bitcoin is to allow bitcoin to help us to be able to figure out our own financial and psychological circumstances and thereby be able to tailor our BTC accumulation to our own particulars.. 

I completely agree with you on this point. We shouldn't let anyone dictate how much BTC we need to become rich or change our lives. Everyone's financial situation and goals are unique. While 1 BTC might make someone else rich, I personally believe that holding 0.1 BTC and keeping it until BTC reaches 10 million dollars would make me a millionaire, wouldn't it? The key here is that we should set our own financial targets based on what's realistic and achievable for us individually. There's no one-size-fits-all answer when it comes to cryptocurrency investments. What matters is that we have a clear plan and stay committed to our goals. Whether it's 1 BTC, 0.1 BTC, or any other amount, the potential for financial success in the world of cryptocurrency is there for anyone who's willing to take a calculated risk and hold onto their investments for the long term.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

My computer obviously refused to copy/paste this shit.

The buddhist monks did it right. They found god by stopping to search.
You are still seeking, inside a dark echo-chamber.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

One night i was out to freeze off my fingers and take pictures of deep sky objects to kill the boring time. Nothing unusual in OOM's miserable life, you would say, but this night was different. I always felt that i was too low on Bitcoin, and no matter how much i hated this feeling, i couldn't combat it. After watching the endless sea of stars for some more hours, the pain - in my fingers, as well as in my soul - had grown so much, that i suddenly heard myself crying out to the freezing cold night sky:

"GOD!!! IF YOU EXIST, AND IF YOU CAN HEAR ME; PLEASE TELL ME THE FUCK HOW TO GET MORE BITCOIN!!!"

Next frame i took:



(True story)

[ChartBuddy]

Explanation
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[eXPHorizon]

[...]

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 eXPHorizon is the sharpest tool in the box.

O trust me my level of understanding is beyond your comprehension

The funny thing is that is what i think about you fellas which is prooven to me time and time again..

But most of all ya lack perspective. Its like you look a traffic light and decide that the Red light is trying to kill you.....

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Frankolala]

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?

Not yet, but I am on it, as I have done some clean up in my apartment yesterday and saw some electronics and stuffs that are not useful to be anymore, but they are still in a good working condition, so I have put them out for auction and, and i will use the money gotten from the sales to buy more bitcoin to my portfolio. I have also lessened my expenses on stuffs that are not important so that i can increase my DCA weekly percentage, to increase my bitcoin. I will surely get there, mine is to keep on with buying.

But my problem is, will 1BTC be enough for my bitcoin target 

[Oilacris]

One night i was out to freeze off my fingers and take pictures of deep sky objects to kill the boring time. Nothing unusual in OOM's miserable life, you would say, but this night was different. I always felt that i was too low on Bitcoin, and no matter how much i hated this feeling, i couldn't combat it. After watching the endless sea of stars for some more hours, the pain - in my fingers, as well as in my soul - had grown so much, that i suddenly heard myself crying out to the freezing cold night sky:

"GOD!!! IF YOU EXIST, AND IF YOU CAN HEAR ME; PLEASE TELL ME THE FUCK HOW TO GET MORE BITCOIN!!!"

Even i do get caught myself on having that daydreaming which i do imagine that having lots of Bitcoin with my electrum wallet and could purchase all the things that i do like.
When it snapped back to reality then i do realize on how poor am I.  How i would be able to get more Bitcoin if i dont have money to buy?  and this is
something that you would be needing to face up everyday specially if you do see the price dips. lol

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[flower12]

Have you reached 1BTC yet?

To reach 1 bitcoin I think it will take a very long time for me, but I am sure I can achieve it with the consistency I am doing now, and maybe I will even be able to exceed 1 btc in my current portfolio.

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

Currently I am focusing on what I am doing, one of which is continuing to collect btc with my DCA strategy.

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?

Yes, it's quite sad if my answer doesn't match my expectations, so now I'm trying to prepare an answer by continuing to collect bitcoins, so that when my children or grandchildren ask me in the future, I can just smile while showing my wallet containing a number of bitcoins.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[cygan]