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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1.5%)
7/28 - 11 (16.2%)
8/4 - 14 (20.6%)
8/11 - 7 (10.3%)
8/18 - 4 (5.9%)
8/25 - 2 (2.9%)
After August - 29 (42.6%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26427720 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.)
OgNasty
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July 31, 2024, 09:55:48 PM


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but buddy is tanking bigly.

maybe we go under 60k this week

Careful! Suggesting such a thing is blasphemy.

There’s still a lot of buying going on which is great, but most people with gox funds aren’t immediately selling. Preparations have to be made and information gathered in a lot of cases. I imagine that will be a bit of a drag for while, but when companies report holdings at the end of August I’m expecting some surprises. Is it still a surprise if you expect it?
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July 31, 2024, 10:01:13 PM


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tiCeR
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July 31, 2024, 10:13:11 PM
Merited by El duderino_ (7), vapourminer (1), JayJuanGee (1), goldkingcoiner (1)

US Government paper handing then. Seems like an F U to Trump after he spoke positively about Bitcoin and hinted at a US Strategic Reserve, promising not to sell any of the coins they currently possess.

We’re ticking off these FUD weapons though aren’t we. Germany done, Mt Gox on the way to being done and now US Government selling. Price is holding relatively strong at $67,457. I think 3 x from here by the end of 2025 seems very possible. FUD is running out, not much to stop us soon.

I still don't get why these governments sell those BTC. For the USA 2 billion dollars is peanuts and don't they understand that it much better for them to be sitting on a good bag than emptying whatever they have all the time?

I read on Coindesk that in the case of Germany, they were forced to sell because BTC fluctuates in value and since it is still an ongoing litigation going on, German law says this:

Quote
the sale of valuable items before the conclusion of ongoing criminal proceedings is legally required whenever there is a risk of a significant loss of value of around ten percent or more.

In the case of the USA, I don't really understand it.
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July 31, 2024, 10:49:09 PM
Merited by philipma1957 (2), vapourminer (1), goldkingcoiner (1), ivomm (1)

Just roll the scroll-wheel.

yeah.. about that..




 A clear case of JJG right there.
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Today at 01:55:31 AM
Last edit: Today at 03:05:26 PM by Hueristic
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When you come back to check on WO..



W00ps, hit show, thanks for proving our point you DUFUS!
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Today at 03:39:47 AM
Merited by OgNasty (1), xhomerx10 (1)

There are two kinds of people
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Today at 03:52:14 AM
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In the case of the USA, I don't really understand it.

It’s the same as Germany. They have rules and processes setup to deal with confiscated assets. They can’t just decide to keep something if it may go up in value. I imagine it would easier to auction the BTC no matter what and try to pass a bill to begin buying BTC then it would be to just move the confiscated BTC into a reserve fund. Especially when you consider that a lot of that BTC was stolen from actual victims who probably want to fight to get it back (see: Razzlekhan).
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Today at 04:24:45 AM
Last edit: Today at 05:22:13 AM by JayJuanGee
Merited by xhomerx10 (1), AlcoHoDL (1)

......His posts are like philosophical essays of a math student "inventing" new math to mask his lack of knowledge and understadning of a simple formula.  ......

I doubt that the various angles of bitcoin are as simple and/or straight-forward as you are making them out to be - including when many times posters here are communicating with a variety of members, some of which are new to bitcoin and others more seasoned, and surely even you seem to have some of your own various waffling issues when it comes to dee cornz, in which sometimes you seem to have considerably great difficulties deciding whether you are buying or selling - likely based on your own trepidations..... and surely that seems to be part of your own particular difficulties in dealing with bitcoin as a newly existing phenomena in the world...so for sure dee cornz are likely not even close to as simple and straight-forward as you are suggesting it to be.

By using the Ignore List, you are characterizing/muting someone for eternity (or until you Un-Ignore them) and will likely miss something interesting they may say.
nah, if someone is ignored but interesting enough for others to quote youll see them in that post. at that point reassess.
That's fine if it works for you.

I prefer to see every post first-hand.

And I've got the perfect mouse for the job. Best scroll-wheel you'll ever try! Cheesy

It is not uncommon that I identify something within posts of another member that I personally find interesting (or that I believe to be worthy of comment or consideration for comment) that no one else had identified in such a way that they actually posted upon that and actually made a post that largely mirrored what I would have had said....

I think that in my more than 10 years participating on the forum and in this thread, there have only been a handful of cases that a member posted something almost exactly how I would have had posted in response to another members post..

and, yeah, maybe I am getting a bit off topic, since we had been actually talking about our perceptions of nuisance posters and posters who we might conclude are wasting our time.. so yeah, sometimes, there are actually some posts that I read and/or I spend a decent amount of time responding to the members post in which I end up feeling that I completely lost some valuable minutes of my life.. and so maybe sometimes in those situations, it is time to walk away from the keyboard or to switch to some other window on the computer or maybe take a nap, go get a bite to eat (or recently, do a set of pushups)..

When you come back to check on WO..


Hahahahaha

Speaking of waste of time  /  nuisance posters... yet every once in a while the above little dweeb might result in entertainment or humor, especially in those rare instances when grandma feeds him something nutritious and he seems to believe that he is saying something relevant, interesting or meaningful.


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but buddy is tanking bigly.

maybe we go under 60k this week

If you are correct, then that would mean by definition my buy order at lower $63k, (my buy order correcting my accident at upper $61ks) and my buy order at lower $61k would end up getting filled.. but then there still might be a question if my buy order in the lower $59ks would end up getting filled.. even under an assumption that your maybe turns into a not maybe.... .aka a reality.  I am not going to yet say that I am scared, but it could be possible that OgNasty might be able to fill his $67k-ish sell, if he does not get too greed in terms of determining when exactly to buy back in.  Not that I have any clues, since I did not make any extra (buy or sell) moves outside of already existing regular system.

Summer ups and downs
Buddy tanking, I don't care
But the corn, dammit!
#haiku

In regards to the substance of the "I don't car" aspect of your haiku, when was the last time that you were depressed and panicking about BTC price performance?

 Wasn't that largely starting sometimes in 2018 or did it come at a later point in time? since you had been sharing trading theories with us in 2017-ish.. and  I remember you being quite depressed for several months (maybe even close to a year), and we could hardly even talk with you in order to suggest that you were being too bearish about the long term price direction of dee cornz and the lack of UPpity that we had been experiencing for quite some time in those there times..

Even then I was thinking that our depressing times in 2018, 2019 and 2020 were just not long enough for anyone to be getting overly depressed or pessimistic about dee cornz, but going by your forum registration date it had to be in one of those periods.. since you would not have been here during the 2015-ish one that I had considered to have had lasted even longer.. .  

I am still thinking mid-to-late 2018 because 2019 we had such an explosive period between April and June, and then 2020, we were too busy picking on mindrust, and really everyone was quite nervous during that March/April-ish time of 2020, but the whole 2020 matter ended up being a pretty quick and great recovery for dee cornz, even though we could really hardly know about how great our recovery was going to be while we were going through it.. so the longer that I attempt to type this out, ai am lead back to 2018 in terms of your seemingly close to melt-down (from my perspective of your change of mood.. even if you pretty much stopped posting about trading and just expressed that you were somewhat pissed off, forced into holding and largely expressing negativity in regards to the cornz ever returning UPpity in a meaningful time period) and so then in that regard, I am thinking that you ended up being in denial about the UPpity potential for BTC for much of the 2019 Uppity period..even while we were going through early 2019 uppity, you remained somewhat grumpy (or would it be relatively grumpy?).. . .. Largely, that is my current theory as I think it out while I write (and amateur analysis of d_eddie) and I am sticking to my amateur analysis .. without even going back to check any substance of any actual posts from that time period.. so solely from memory.

Of course, our 2022 dip was greater (or worse) in terms of measuring that dip by the 200-WMA, yet our having had gone over the ATH prior to the halvening in earlier this year ended up contributing to 2022 not being so bad, even though surely throughout much of 2023, perhaps even up to October 2023, there had continued to be questionable periods in regards to whether our November 2022 bottom was for sure "in," yet I don't recall you panicking during any of 2021, 2022 or even 2023 periods. At least you did not really show any kind of panics during the last 3-4 years-ish in terms of your forum posts... Maybe you just learned to be less expressive in regard to how you "really feel" about dee cornz?   Cheesy Cheesy Cheesy Cheesy

[edited out]
Careful! Suggesting such a thing is blasphemy.

There’s still a lot of buying going on which is great, but most people with gox funds aren’t immediately selling. Preparations have to be made and information gathered in a lot of cases. I imagine that will be a bit of a drag for while, but when companies report holdings at the end of August I’m expecting some surprises. Is it still a surprise if you expect it?

Fair enough.. So you will be buying back before the end of August.. That is still a whole month.. so seems like a long time to have had made extra sales of cornz, yet I still can understand that if a person has plenty of cornz he can sell even up to 1% or so of his holdings (which might seem like a lot to other peeps), and still end up NOT really having to worry too much in regards to whether he had sold too much too soon.

Just roll the scroll-wheel.
yeah.. about that..

A clear case of JJG right there.

Protip: Some of you guys just need to up your mousie game (also known as baby ratt).  
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Today at 07:56:26 AM

Just roll the scroll-wheel.
yeah.. about that..

A clear case of JJG right there.

Protip: Some of you guys just need to up your mousie game (also known as baby ratt).  

Protip for the ones scrolling a lot: Trackballs.

EDIT: And if you're also pointing and klicking tons of times, use them left handed for scrolling . or right handed if you're a left-hander.
You can also map your mouse scrollwheel to something else than scrolling windows.
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Today at 08:19:55 AM

In the case of the USA, I don't really understand it.

It’s the same as Germany. They have rules and processes setup to deal with confiscated assets. They can’t just decide to keep something if it may go up in value. I imagine it would easier to auction the BTC no matter what and try to pass a bill to begin buying BTC then it would be to just move the confiscated BTC into a reserve fund. Especially when you consider that a lot of that BTC was stolen from actual victims who probably want to fight to get it back (see: Razzlekhan).

Ok didn't know that. And after all we wouldn't know if they have accumulating BTC for a long time. If the US government knows that countries like Russia and Iran and North Korea get into BTC big time, it is hard to imagine that they would not acquire a decent amount of coins over time for themselves without letting the public know. Would they have to let the public know in theory?

Of course if the victims are known or could be identified at some point in the future, then you are perfectly right that they can't just keep those coins for themselves. But my guess would be that that a good amount of those confiscated BTC come from drug dealers. What would the correct legal way then be when someone sold drugs for $10,000 in BTC, gets caught, and in the meantime those BTC increase in total to $100,000 until the case has been settled? Put aside the fact that someone might have to go to jail, but would the drug seller have the right to at least get back some of the value (after paying a penalty)?
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