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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

Will we have a weekend ATH

Observing closely.

[OutOfMemory]

I had a life-changing BTC theft, I am a  security-oriented kinduva guy. It's a long story, plz don't ask. Three-letter-agencies are involved.

Welcome back!  
You probably knew this makes most of us even wanting to know even harder now.    

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[MellowD]

I am a  security-oriented kinduva guy.

So you used an Ledger/Trezor/Bitbox?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[rat03gopoh]

Will we have a weekend ATH

Observing closely.

You have to look at it from another perspective. Beginning of the current week BTC has reached ATH in my local currency.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[UnDerDoG81]

As someone who never sold or took profits since the purchase in 2013, what yall think of the idea to sell 1% at every 10k+? Starting now at 69k and next would be 79k and so on. I don’t need the money thank god. But even though I believe in Bitcoin, I really would like to have something left if ever some black swan event happens, western governments ban cashing Bitcoin out, a hack of the network or whatever. Even though I don’t need the money, if any black swan event occurs, I would love to keep my lifestyle as it is right now. Retired. Traveling. Spending about 2k a month for everything including rent, food, travel costs etc.

What do the long term investors here do? Still 100% in Bitcoin (I am) and forever until the last day?

Edit: The next question is, I would not want to hold fiat on my
Bank account. But I also don’t want stable coins. I don’t want to hold anything the government can take from me.

Edit2: I don’t trust Blackrock and all the others. I find these ETFs fishy. And they COULD have a plan to destroy Bitcoin. That’s why this question.

[aesma]

With my small stash I won't do it but depending on yours it's not a bad plan, at least up to let's say 10% then you can reevaluate. And if there is a dip you can also decide to buy back some corn at lower prices.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

https://img1.niftyimages.com/nr6h/6-mi/7kx7

This is good but I guess I preferred the previous one though because of the phrase Everyone gets bitcoin at the price they deserve but I'm curious about the time difference though its shows same date

https://img1.niftyimages.com/nr6h/wo4i/_7t5

Short answer: the date is probabilistic and based on a best guess; each image generally gets a slightly different date/time but as we get closer, only the time is likely to change.
That being said, even when I update all the images' timers to the same date and time, I see slight differences in the rendered images times.  I'll have to ask the Nifty Image guys about it.

 Also, I'm now allowed 50k impressions per month.  Each time I post one, it uses about 300 impressions, when people quote the image, that doubles and if they quote two images, it trebles - I'm only telling you this so you know why I removed the hotlink in my reply - quintupling and beyond could prove to be problmatic.  I don't want to run out of impressions right before the halvening

  Did a ton of driving yesterday but I finally had a chance to investigate early this morning.  Turns out there's an option to display the time in the user's local time rather than UTC.  I thought I had left it "off" but I found that option selected "on" for one of the images.  So now if the date/time differs, it's because I'm too cheap to pay US$1k+ per month to use json data for a dynamic date... which is also why I no longer provide "blocks remaining".
 In fairness, the sales guy (very nice guy) offered to set up a data source for me if I signed up for a year... but after the halvening, I couldn't see a use for it.

[philipma1957]

Will we have a weekend ATH

Observing closely.

maybe we end the weekend at 72k

[philipma1957]

As someone who never sold or took profits since the purchase in 2013, what yall think of the idea to sell 1% at every 10k+? Starting now at 69k and next would be 79k and so on. I don’t need the money thank god. But even though I believe in Bitcoin, I really would like to have something left if ever some black swan event happens, western governments ban cashing Bitcoin out, a hack of the network or whatever. Even though I don’t need the money, if any black swan event occurs, I would love to keep my lifestyle as it is right now. Retired. Traveling. Spending about 2k a month for everything including rent, food, travel costs etc.

What do the long term investors here do? Still 100% in Bitcoin (I am) and forever until the last day?

Edit: The next question is, I would not want to hold fiat on my
Bank account. But I also don’t want stable coins. I don’t want to hold anything the government can take from me.

Edit2: I don’t trust Blackrock and all the others. I find these ETFs fishy. And they COULD have a plan to destroy Bitcoin. That’s why this question.

If I had a stash of 10 coins that cost me 1000 each.

I would peel 1 coin off and set up ladder sales with it.

.2 at current price of 68 or 69 this gives me over 13600 which is more than the ten I got at 1000 each in 2013.

I still have 9 in cold storage
I still have .8 to ladder sale.
say
.1 at 74740
.1 at 83830
.1 at 93930
.1 at 98980
.1 at 111110
.1 at 122545
.1 at 131131
.1 at 141141

now this assumes you have 10 coins at a cost of 10000

you end up with 9 coins and a lot of cash 💰 above the original investment.

[Toxic2040]

https://img1.niftyimages.com/nr6h/6-mi/7kx7

This is good but I guess I preferred the previous one though because of the phrase Everyone gets bitcoin at the price they deserve but I'm curious about the time difference though its shows same date

https://img1.niftyimages.com/nr6h/wo4i/_7t5

Short answer: the date is probabilistic and based on a best guess; each image generally gets a slightly different date/time but as we get closer, only the time is likely to change.
That being said, even when I update all the images' timers to the same date and time, I see slight differences in the rendered images times.  I'll have to ask the Nifty Image guys about it.

 Also, I'm now allowed 50k impressions per month.  Each time I post one, it uses about 300 impressions, when people quote the image, that doubles and if they quote two images, it trebles - I'm only telling you this so you know why I removed the hotlink in my reply - quintupling and beyond could prove to be problmatic.  I don't want to run out of impressions right before the halvening

  Did a ton of driving yesterday but I finally had a chance to investigate early this morning.  Turns out there's an option to display the time in the user's local time rather than UTC.  I thought I had left it "off" but I found that option selected "on" for one of the images.  So now if the date/time differs, it's because I'm too cheap to pay US$1k+ per month to use json data for a dynamic date... which is also why I no longer provide "blocks remaining".
 In fairness, the sales guy (very nice guy) offered to set up a data source for me if I signed up for a year... but after the halvening, I couldn't see a use for it.

+1 WOsMerit

-------

airdropping +1 WOsMerit for the new ATH also...just seems fair...so if you posted over the last several pages....whelp...your in


-----------


gm all

slipped and fell into my weed stash last night...lemon slushee....thats why the commentary might have been a bit sparse....was paralysed   

be that as it may....the show must go on

random interest generator activated

----------

the caturday morning wall report

dyor


Biden adderals up and speeketh's at the State of the Union address
attacks SCOTUS....how embarrassing      perhaps its just me but what happened to dignity?
the Senate funds yet another stop gap bill to avert another gubermint shutdown...whats another 460 billion right?
US stocks hitting record highs...with expectations of a 5-10% haircut in the coming months
T-bill yields falling with a rising unemployment rate and wages tempering
leading to a increased probability of rate cuts from the Fed by mid year from what most of the talking head are parroting
not many talking about the regional bank crisis that still simmers
NYCB to receive 1 billion for a bailout(another bailout?)


IFT-3 scheduled for launch next week on the 14th
hoping for a orbital flight...because...we choose to go to the Moon

stronghands

[UnDerDoG81]

As someone who never sold or took profits since the purchase in 2013, what yall think of the idea to sell 1% at every 10k+? Starting now at 69k and next would be 79k and so on. I don’t need the money thank god. But even though I believe in Bitcoin, I really would like to have something left if ever some black swan event happens, western governments ban cashing Bitcoin out, a hack of the network or whatever. Even though I don’t need the money, if any black swan event occurs, I would love to keep my lifestyle as it is right now. Retired. Traveling. Spending about 2k a month for everything including rent, food, travel costs etc.

What do the long term investors here do? Still 100% in Bitcoin (I am) and forever until the last day?

Edit: The next question is, I would not want to hold fiat on my
Bank account. But I also don’t want stable coins. I don’t want to hold anything the government can take from me.

Edit2: I don’t trust Blackrock and all the others. I find these ETFs fishy. And they COULD have a plan to destroy Bitcoin. That’s why this question.

If I had a stash of 10 coins that cost me 1000 each.

I would peel 1 coin off and set up ladder sales with it.

.2 at current price of 68 or 69 this gives me over 13600 which is more than the ten I got at 1000 each in 2013.

I still have 9 in cold storage
I still have .8 to ladder sale.
say
.1 at 74740
.1 at 83830
.1 at 93930
.1 at 98980
.1 at 111110
.1 at 122545
.1 at 131131
.1 at 141141

now this assumes you have 10 coins at a cost of 10000

you end up with 9 coins and a lot of cash 💰 above the original investment.

That sounds like a plan. I was also thinking to sell 10% maximum. Question is, would you keep that in USDT?

[aesma]

To answer that (I alsmost talked about it in my initial post) would depend on how it works with taxes.

Here in France if I sell in USDC (my preference but same with any other crypto) then it's not a taxable event.

So if I use the USDC to buy back later, still not a taxable event.

If I sell to fiat, 30% tax. So only doing it when in need to use the fiat (or I guess, get it out of the exchange if there are trust issues).