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

[Biodom]

I really like this, doing more than most exchanges in the space have

https://twitter.com/vaneck_us/status/1743300722928619779

Good to know...I am planning to slowly sell some of my money market funds into bitcoin ETFs in my IRAs (as we go from currently "lucrative" 5.4% to 4-4.5% interest in 2024, presumably). I was leaning toward Invesco or Fidelity before, but now will give VanEck a look, for sure. My money market funds are just a portfolio stabilizer...and now I want to "destabilize" it a bit, ha ha.

I suppose from experience you might know that you are going to have several options, and I imagine that some employers offer 401ks or various kinds of funds to employees, but they might not have very many options... .. It would be interesting to here what kinds of options that people have, and historically various kinds of government 401ks have not had any options for ETFs, and they have ONLY offered various kinds of index funds, so it will be interesting to see if some employers might start to offer more kinds of options in the funds that are available to the employees.

401a/k/b are usually limited..I have a couple, but they only offer index or sector funds..no fun, basically.
However, when you switch jobs, you can roll those funds from 401a/k/b into an IRA, tax free, and in IRA you may have everything, including foreign (Canadian, for example) securities (including ETFs) and even options.

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[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

I hate to hear about the Coke addition, even if you admit it.  There are likely ways to drink something else, even carbonated water.. and yeah, it will not have the same effect.  Maybe go to 1 coke per week and then 1 per month and then maybe no cokes for a year or more... and then maybe you might consider if you want to come back to them..  It's like people drinking redbull and knowing that they are addicted and knowing that there are harmful ingredients.

I did not really drink coffee in my youth, but then I did go through some phases in my 20s and 30s, but then I would also get irritated when I was around people who insisted that they had to have coffee before they could do anything, and so maybe that was not nice behavior from me.

I did go through many years that I was drinking coffee but I was adding Bailys to it and butter and heavy whipping cream.. and then I started to NOT add bailys to it and then I started to think that drinking so much coffee was turning my teeth yellow... and maybe messing with my sleep.. so I stopped the daily coffee around June, and it seems to be better for the teeth.. and using that whitening toothpaste... .. but surely my teeth mouth and breath are not as nice as it was when I was younger, so sometimes it is tempting to just go back to drinking coffee, but I am going to stick it out a bit longer.. and just consider it as a once in a while thing rather than part of my used-to-be daily routine.. and by the way, I probably was doing the baileys, butter and heavy whipping cream for close to 10 years..and I was thinking that it was good for me.. but I think there was too much of a glucogenetic effect.

[...]

Thanks for the comments. Yes, I agree with you about Coke. It's an obviously bad habit that I should try to kick. Fortunately, my health is fine so far, and my teeth are in perfect condition, fully white and healthy (a genetic thing, I guess, took it from my father). I take good care of them, of course, visiting the dentist every 6 months for cleaning, always brushing twice/day, etc.

Carbonated water is a good solution to the Coke addiction, coupled with coffee for the caffeine effect and the taste, or maybe ice tea and other natural stuff. In this way I can get the tingling sensation of the carbonation (the main attraction to drinking Coke for me), while avoiding the bad stuff (sweeteners, flavorings). It's a matter of discipline and determination. Got to take it seriously...

There may be zero calories in Coke Zero but the artificial sweeteners in diet/zero drinks are more difficult for our body to process. It's advisable to take carbonated drinks as little as possible.

You can do mineral water that is carbonated, and that is o.k. It is the ones with sweeteners (or non-sweeteners or whatever extra flavorings) that are bad for you.

Agreed, as explained above. I've tried to do it in the past, worked for a while, then I relapsed. Maybe this discussion is a good opportunity for me to give it another shot. Well, at least it's not as harmful as alcoholism (I don't like alcohol, I do drink on occasions, but there's no alcohol at home, not even beer -- no need for it, no desire to take it). Also, I've never smoked, and never wanted to.

[OutOfMemory]

How do y'all take your coffee when chart watching?
I usually do a sugar and splash or milk/heavy whipping cream but Im out of sugar!  So I did manage to find a bag of brown sugar and tried it. To my surprise it pairs well!  

With sugar and milk. And drugs.

Fun fact: I’ve never had coffee. I did have a neighbor growing up who used to drink his coffee with mushrooms in the morning. I thought that was weird until I got older.

This could be the last week without an ETF approval. I feel like there’s a good chance we could see a massive price swing next week. There will certainly be big news one way or the other.

Since caffeine is considered a drug, anyone who drinks coffee everyday is technically a drug addict. Good on you for staying clean

Mushrooms and coffee? I don't think my stomach could keep that down.

I gave up coffee for a few months.
You first get horrible withdrawal headaches, really different than a normal headache. It was quite a surprise as I only used to drink 1 cup of coffee per day and maybe 2 cups of extremely weak tea.

In the end it felt like it made no real difference to me as coffee only gives me a calm short energy boost and never interfered with sleep, and I actually only had negative effects giving it up, such as more irregular bowel movements that were a bit harder to endure also.

I also spoke to my doctor about caffeine a few years ago and he reckons the whole "I stopped coffee and this is what happened..." YouTube viral stuff is just a fad and exaggerated nonsense mostly.

As long as you don't drink more than 1-5 cups of coffee per day or so I doubt it has a significant effect on your health.
Like anything, excessive consumption of anything will cause problems somewhere.

Also, black coffee has virtually no calories so it works well with a diet etc.

I drink 2 large cups of coffee per day and non caffeinated rooibos/redbush tea.
All with sweeteners.
These are not necessary perhaps and some people reckon they are cancerous garbage.

Still, I reckon this is much less worse than excessive alcohol or smoking.

Since going back to coffee, I actually really enjoy the process of making filtered coffee.
I have an old fashioned filter machine (with the paper filter things).

Interesting topic.

I was never a coffee person, contrary to 99% of the rest of the population, it seems. I may drink coffee when out with friends, or sometimes I would take hot/cold chocolate instead. About 2 years ago I started drinking coffee regularly at work, using a Nespresso machine. I usually use 2 capsules to cover a day (espressos, even lungos, are so low in quantity).

As for caffeine intake, I take plenty. Not from coffee, but from Coca-Cola. I'm almost ashamed to say it, but I'm addicted to it. It's of the "Zero" variety, so there are no calories, but there is caffeine (and other chemicals). I think I may have become immune to it by now, I don't sense any caffeine effect by drinking or not drinking coffee, as long as I take my daily fix of Coke.

Thinking of getting a filter machine at home like the one you have. I like the taste of that coffee. And the ritual of making it.

Uhh, i would prefer old school Coca Cola (not that old school, which is connected to the brand name's origin) over Zero at any time. Zero tastes like shit, imo. All those Zero-ized stuff is making your liver work hard to process the sweeteners.
I don't tolerate sugars and most sweeteners well, so i always treated Coke like weak poison, best mixed with alcohol of certain different blends. Too much of it, usually  

(EDIT: Oh, did i forget to mention that citric acid is able to bind heavy metals, which are then able to pass the blood-brain barrier? I try to avoid it as best as i can, as i would advise to everybody i care about. And no, that's not Parascience there...)

To contribute a lil more:
I was a coffee drinker since i was 15yo.
Didn't tolerate it well, gave me the shits almost every morning, but i couldn't stop to love it. I was a smoker at that time, where tobacco and coffee were teaming up well together. Later i found out that it might be the sugar that stirs up my intestines, and the former love of my life, who happened to manufacture roasted coffee, made me try to exclude the 3-5 usual teaspoons of sugar i added to every cup. Guess what? The shits and bowel problems were gone, and since that day i was loving coffee even more. I know about the withdrawal of caffeine, but one can compensate the headaches and lack of energy with hydration and blood pressure elevating nutritients. The last twenty years i had at least 6-8 cups of strong, aromatic espresso coffee almost every day, most of them with plenty of milk (steam foamed). No probs with sleep and guts. No sugar, no nothing but milk, sometimes water, very rarely cognac or liquor.
And of course, in Summer it's sometimes a cold, unsweetened White Russian in the evening.

EDIT2: I like Buddy, he's trying to go up again and again and again.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

I really like this, doing more than most exchanges in the space have

https://twitter.com/vaneck_us/status/1743300722928619779

Good to know...I am planning to slowly sell some of my money market funds into bitcoin ETFs in my IRAs (as we go from currently "lucrative" 5.4% to 4-4.5% interest in 2024, presumably). I was leaning toward Invesco or Fidelity before, but now will give VanEck a look, for sure. My money market funds are just a portfolio stabilizer...and now I want to "destabilize" it a bit, ha ha.

I suppose from experience you might know that you are going to have several options, and I imagine that some employers offer 401ks or various kinds of funds to employees, but they might not have very many options... .. It would be interesting to here hear what kinds of options that people have, and historically various kinds of government 401ks have not had any options for ETFs, and they have ONLY offered various kinds of index funds, so it will be interesting to see if some employers might start to offer more kinds of options in the funds that are available to the employees.

401a/k/b are usually limited..I have a couple, but they only offer index or sector funds..no fun, basically.
However, when you switch jobs, you can roll those funds from 401a/k/b into an IRA, tax free, and in IRA you may have everything, including foreign (Canadian, for example) securities (including ETFs) and even options.

I have a pretty decently-sized 401k that has no administration fees, but it only has various index funds that consist of government bonds, fixed bonds, common stocks, small cap stocks and international stocks.  I wonder if it would be worth it to roll it over.. because wouldn't the IRA have fees.. and maybe I don't really care that much, it is just one of my funds.. and as far as bitcoin I feel that I have enough exposure through direct holding of it.. but then there might be some other options that might be in a rolled over plan that could be enticing.. but then I am not sure if it would be worth the burden since I would also have to go through some kind of process of rolling it over and setting it up and getting used to it...

I could not imagine wanting to invest in a BTC spot ETF, since I already have a lot of BTC exposure.... but yeah, I could see how some folks might consider that they have so much dollar exposure through various income that they have and even with their 401k that they want to get some BTC exposure through some of  those 401k funds.. and surely I would have had consider myself in that same kind of a group in 2013, 2014, 2015 and even 2016 or early 2017, but as my BTC holdings grew so much relative to those 401k holdings, the 401k seem to be a drop in the bucket, even though earlier I had considered them as kind of BIG ass deals.. 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

As for caffeine intake, I take plenty. Not from coffee, but from Coca-Cola. I'm almost ashamed to say it, but I'm addicted to it. It's of the "Zero" variety, so there are no calories, but there is caffeine (and other chemicals). I think I may have become immune to it by now, I don't sense any caffeine effect by drinking or not drinking coffee, as long as I take my daily fix of Coke.

There may be zero calories in Coke Zero but the artificial sweeteners in diet/zero drinks are more difficult for our body to process. It's advisable to take carbonated drinks as little as possible.

Advised by whom..again?
This is a "legend", nothing more.
In short, it is not carbonation, but the other "stuff".

https://www.scripps.org/news_items/5224-are-carbonated-beverages-harming-your-health

“While soda and other carbonated drinks have been associated with negative health effects, carbonation is not harmful in and of itself,”

Never drink a fucking soda. If you like carbonation there are lots of empty water with only bubbles brands.  If you want flavor there are 20 or 30 safe essential oils that make a plain carbonated water taste great.

use this https://www.amazon.com/gp/product/B01J4G90O2/ref=ox_sc_act_title_1?

1 or 2 drops a glass.  and this

https://polarseltzer.com/original/


learn to never have sugar or any artificial sweetened drinks .

Use your sugar in desserts only.

Trust me on this a a 66 soon to be 67 year old diabetic sweetened drinks are really fucking bad.

I showed a random bottle of seltzer I can get for 50 cents on a sale that bottle of peppermint will last 300 bottles at 2 drops.

Other good shit to put in seltzer.

pure cranberry juice

https://rwknudsen.com/products/p/fruit-juices/just-cranberry-juice


and 2 oz of the juice to 14 oz of the seltzer .


with one or 2 shots of vodka https://www.belvederevodka.com/

or you can drink the juice with just the seltzer.


when you want sweet stuff high quality desserts and or chocolates.

If you have the cranberry and seltzer with or without the vodka and then eat this chocolate.


  

https://www.amazon.com/gp/product/B008KQ06NM/ref=ox_sc_act_title_1?

you will get a synergy of flavor that is remarkable.


and far less fucked up than Coca Cola.  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[jojo69]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[TheJuice]

T-minus 4 days. Patience young ones.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

T-minus 4 days. Patience young ones.

[Biodom]

Apparently, the rumor is that BlackRock already lined up $2bil from the existing bitcoin investors during wk1.
Analysts are stunned...no kidding.

https://www.forbes.com/sites/digital-assets/2024/01/06/insider-leak-reveals-huge-blackrock-bitcoin-etf-bazooka-will-blow-expectations-out-of-the-water-after-16-trillion-ethereum-xrp-solana-and-crypto-price-boom/

EDIT: some bank estimated before that btc has a 118X multiplier, which means for every $1 bil invested, the market cap goes up 118 bil. Not sure how they calculated this, but if true, then it is about $236 bil added in a week, which is roughly $12K/btc....nice (that 10K candle might happn, if not on a daily, then on the weekly, perhaps).

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[TheJuice]

Apparently, the rumor is that BlackRock already lined up $2bil from the existing bitcoin investors during wk1.
Analysts are stunned...no kidding.

https://www.forbes.com/sites/digital-assets/2024/01/06/insider-leak-reveals-huge-blackrock-bitcoin-etf-bazooka-will-blow-expectations-out-of-the-water-after-16-trillion-ethereum-xrp-solana-and-crypto-price-boom/

EDIT: some bank estimated before that btc has a 118X multiplier, which means for every $1 bil invested, the market cap goes up 118 bil. Not sure how they exactly calculated this, but if true, then it is about $236 bil added in a week, which is roughly $12K/btc....nice (that 10K candle might happn, if not on a daily, then on the weekly, perhaps).

I don't see how we aren't above 100k this year with that math.

[AirtelBuzz]

Organic Liquid Stevia Sweetener best sugar substitute diabetic friendly. Basically it is a natural sweetener made in USA.

[WatChe]

You have a valid solution to merge all his 24 posts into 1 after 24 hours. But who will do that? I don't think moderator will be willing to do that job on daily basis.

If we see that chart from human perspective then you and BADecker are the leader no matter how much buddy posts.

I can see merging consecutive posts, yet the merging of 24 posts is bullshit.

We need to see Buddy's posts every hour and on the hour and interspersed with the other main posts - otherwise it seems a waste of time to have a buddy to be merged or not within the stream.

We must thank Richy_T for this creation, and no one else has such a great little buddy bot like that.. .none that I know about.  Thank you buddy and thank you richy_T... thanks for coming back somewhat from your Big blocker nutjob - taking your marbles - rage quit. .and at least allowing us to enjoy the innovative informative hourly contributions of chartbuddy..

Buddy is no doubt a popular bot here, its evident from the discussion going on about his posts here.

There may be zero calories in Coke Zero but the artificial sweeteners in diet/zero drinks are more difficult for our body to process. It's advisable to take carbonated drinks as little as possible.

You can do mineral water that is carbonated, and that is o.k. It is the ones with sweeteners (or non-sweeteners or whatever extra flavorings) that are bad for you.

Carbonated mineral water is o.k for everyone.
I am just of the opinion that unrefined sugar consumption should be minimal. The body face difficulty while digesting excessive quantity of unrefined sugar.