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

[ChartBuddy]

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[sirazimuth]

....
We have even seen the current president of the USA repeatedly tell the lie that Trump said "there were good people on both sides" at the Unite the Right rally in Charlottesville,
and that THAT was the exact reason he wanted to run as president.
Biden retold that lie on Monday. No ifs or buts, that was and IS a blatant LIE:

This has been debunked by Snopes here:
https://www.snopes.com/fact-check/trump-very-fine-people/

Um... no it hasn't

Dude, you need to read the link in full before posting a falsehood that is proven by that very link you posted.
He absolutely did say "very fine people on both sides," . (There's fucking videos of him saying it all over the intertoobz and I cant be bothered to find the links. Do it yourself)

...In a news conference after the rally protesting the planned removal of a Confederate statue, Trump did say there were "very fine people on both sides,"

smh

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

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[shahzadafzal]

Orange pill can cure this illness!

[eXPHorizon]

Red or Blue?

After this there is no turning back..

[ChartBuddy]

Explanation
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[Greyhats]

[edited out]

Its a nice feeling getting there a bit earlier, I have a pretty good plan from now until end of the year. Will re-asses again closer to Dec as I plan out next year. The over accumulation though gives me some buffer, the one decision I need to make though is whether i transition to maintenance or keep accumulating. I haven't quite got there yet, but I am thinking about it.

Likely it would be somewhat safer to consider these phases in terms of some kind of a spectrum, so surely when you are in your earliest stages of BTC accumulation you would likely be strict and aggressive so long as you have other aspects of your cash management in a relatively strong status.  So within the transition to maintenance you become less and less intense in regards to how you accumulate, and maybe at some point you are ONLY accumulating on dips rather than accumulating all of the time (such as every week). 

Surely the lines are not exactly clear, and so you might start to think of yourself as still accumulating but more opportunistically, and maybe you are still spending a decent amount of your income on accumulating bitcoin, but you are feeling a bit less rushed about it.

That is really nicely put JJG, thats probably where I will end up at.

...snip...

I sometimes still have some problems with shaving some off, since I will become tempted to do spend and replace with my sales, even if maybe I might not replace as quickly as I used to do historical, but instead I will just put the replacement amount as some kind of a dip price (adding the amounts to my buy on the way down kind of BTC buy
orders).

Its really hard to imagine shaving anything off my stack which is very strange considering I will reduce stocks if i'm over exposed but I do think that I probably wont sell and buy back in the near term. I'm still trying to get my head around selling some, I haven't sold one satoshi since starting this, feels like bad omen when I finally do though.

...snip...

Gresham's law would suggest to spend from other sources prior to starting to draw from your bitcoin and also the more than your bitcoin sits without you drawing from it, then it should be in a position to tolerate higher and higher levels of withdrawal whether you make such withdrawals in a price based approach or in a time-based approach.

I'm setup like this, I almost imagine its like trench warfare and the artillery at the back is my BTC. Then all the trenches like front line, reserve line, medics camps etc are all the things I will have to go through to even get near the artillery!

There is a point though that I will start withdrawing from, for now its more time based but who knows what will happen in the future. I would really like to go through one more full cycle before starting any withdrawals but lets see what happens.

@Greyhats: Immediately stop your BTC accumulations!!!!!, and don't go into an overaccumulation status.. it is not worth it.. Ask Phil.. He knows everything (or almost everything.. that's why you probably already have more BTC than him..., which should be the opposite. hahahahahahaha).

Oh noooooesssss what will i do! 

I had been thinking that I should have had said that "this is investment advice" even though it started with Phil.. I was the one repeating it.. so I should take some credit.. I know that some times guys get mad at me when I fail/refuse to put the lol in there or the Jk.. .. so each of us has to figure out how are we going to balance our investment portfolios or our bitcoin allocations based on all the available information, whether correct or incorrect and we also have to figure out the "seriously?" part.

Poor Phillip ya give him a lot of crap hah, but ya know around the time he was saying buy bonds I was like eh no I'm buying BTC. For now and hopefully forever that was the right decision!

[ChartBuddy]

Explanation
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[philipma1957]

It's hard to find an honest politician, this one is perhaps one of the few on that list

I see two politicians.

Surely you can't mean that lying weasel Trump. I guess you mean the other one.

Has to be little rocket man he has zero need to lie he just kills anyone he does not like  or trust.

So very likely he simply has not much need to lie.

[OgNasty]

Seems like there isn’t a whole lot of news today. I can’t remember the last time it was such a slow Bitcoin news day. People are getting a little too comfortable with the current price being where it is as the cost to mine a BTC continues to rise. It shouldn’t be too much longer before we take the next step up to $70K.

[ChartBuddy]

Explanation
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[sirazimuth]

Has to be little rocket man he has zero need to lie he just kills anyone he does not like  or trust.

So very likely he simply has not much need to lie.

Absolutely bro.
And North Korea's leader's (wtf his name is, cant be bothered to google) biggest fan, orange man felon, cant wait to be just like him.
He's just got to keep lying to his gullible minions to get around that pesky US Constitution before he can destroy democracy and be installed for life.
Not happening.
Thank goodness this 9 year nightmare is coming to an end in November and we can move on.  (And in his words "lock her up"  ( him/her... this is 2024, same diff) )

GO BITCOIN

[ChartBuddy]

Explanation
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[JayJuanGee]

It's hard to find an honest politician, this one is perhaps one of the few on that list

I see two politicians.

Surely you can't mean that lying weasel Trump. I guess you mean the other one.

Of course the two in the picture are problematic for their potential trustworthiness, if ever...

In terms of what Lucius seemed to have been trying to say, I am pretty sure that you gotta go back to the original reference in which Lucius seemed to have had been referring Gachapin's quote of the German Minister of the Interior, Seehofer.

nothing to worry about...

"Those who make the decisions are not elected, and those who are elected have no power to decide."
Former German Minister of the Interior, Seehofer

Sometimes snipping out context will make points of posts more confusing, yet I am not sure whether my attempt at reconstruction helped to clarify, yet I thought that Lucius was referring to Seehofer as a rare arguably honest politician.

....We have even seen the current president of the USA repeatedly tell the lie that Trump said "there were good people on both sides" at the Unite the Right rally in Charlottesville,
and that THAT was the exact reason he wanted to run as president.
Biden retold that lie on Monday. No ifs or buts, that was and IS a blatant LIE:

This has been debunked by Snopes here:
https://www.snopes.com/fact-check/trump-very-fine-people/

Um... no it hasn't

Dude, you need to read the link in full before posting a falsehood that is proven by that very link you posted.
He absolutely did say "very fine people on both sides," . (There's fucking videos of him saying it all over the intertoobz and I cant be bothered to find the links. Do it yourself)

...In a news conference after the rally protesting the planned removal of a Confederate statue, Trump did say there were "very fine people on both sides,"

smh

My memory is that Trump also doubled down on that statement about the "very fine folks on each side" around that same time after he had originally said it, since there were initially questions regarding whether if he had really meant what he said.. and who the fuck knows with that guy, he says things because he loves getting attention and to stir shit, and sometimes he goes into statements that probably should have had been left alone but he reinforces them....including a lot of lack of civility that has become contagious but is not likely very helpful to various kinds of public disourse, and people frequently love the kinds of statements that are ad hominem attacks and even going to the lower common denomination before anyone else.. maybe taking it to the gutter, and some people can relate better to and even respect that kind of talk of the common folks, to really make a show out of any topic. .and to be taken seriously at the same time with such gobble-dee-gook.

Now days, who knows how much his position might have had changed, and he might even purposefully change his position on a topic while acting like he didn't.  So in that regard, Trump, seems to get lots of pleasures in proclaiming the opposite of truth or even that he knows how to predict weather and things like that, since he is smarter than everyone else, and so many people seem to either believe him or they don't mind living in a bit of a Trump lead fantasylandia in which the opposite of reality can become true, merely because Trump proclaimed it to be so, in wishy-washy language.

[ChartBuddy]

Explanation
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[Biodom]

OT...on a just funny side, imho: go to the bottom-descriptions of various weird word combos, haha

https://www.buzzfeed.com/kristatorres/womans-name-viral-tiktok

One of the examples:

Some people's names have even broke the database at their company: last name "Null"

[ChartBuddy]

Explanation
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[xhomerx10]

I see we're posting celebrity dict^* pics; here's mine -