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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26953499 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 1 users with 9 merit deleted.)
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January 07, 2025, 10:01:15 PM


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Hueristic
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January 07, 2025, 10:52:54 PM

I heard Trump is going to put Gretzky in charge of Canada.

Poilievre should think about putting Aaron Judge in charge of the USA... or maybe Josh Allen.  Grin

I'd prefer someone like Jack "Hacksaw" Reynolds, Lyle Alzado would have been my first choice but yeah he ded. Smiley
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January 07, 2025, 11:35:58 PM

so basically I can simply post for the most part and do,nothing else

Shitposting needs a more positive name. I think of it more like Bitcoin mining with words instead of hardware and the last couple years those words have outperformed my miners in profitability greatly. I’m not sure what that means exactly, but I’m thankful for it. Having multiple ways to stack coins is a blessing. Mining, product sales, services, and posting is a nice arsenal to have when it comes to acquiring BTC. Most can only buy to speculate.

eBay sales were big last year and will be decent this year but I left that out.
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January 07, 2025, 11:48:00 PM

Why do I feel Michael Saylor tweets always bring a drop down in market price.

I'm buying this dips I don't know if I would be able to see such price anymore, my pregnant wife said it's better I buy more now and I'm fulfilling her desires though I want it too but I've got more courage to buy more since she's in support.
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January 08, 2025, 12:01:18 AM


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January 08, 2025, 12:25:03 AM
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January 08, 2025, 12:32:51 AM
Last edit: January 08, 2025, 01:09:36 AM by Biodom
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He really didn't do his DCAing properly, it seems..85K/btc average with the average bitcoin price over 2024 being about 65.964K.
That said, he probably got his 42bil "line" only after bitcoin went much over 70, maybe even 80K.
In fact, the high paid price of 85K/btc makes the whole "pyramid' kind of wiggly.

I don't expect liquidation, but MSTR price may (and will?) wobble a lot.
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January 08, 2025, 01:01:15 AM


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January 08, 2025, 01:16:21 AM



He really didn't do his DCAing properly, it seems..85K/btc average with the average bitcoin price over 2024 being about 65.964K.
That said, he probably got his 42bil "line" only after bitcoin went much over 70, maybe even 80K.
In fact, the high paid price of 85K/btc makes the whole "pyramid' kind of wiggly.

I don't expect liquidation, but MSTR price may (and will?) wobble a lot.


Here's the thing, when you have deep enough pockets you can move walls.

Those walls are not there because of sell pressure they are there because they are trying to keep the price down while they accumulate and when you have deep enough pockets and don't let the price drop for those trying to accumulate and they realize they are losing more coins then they are making with that tactic then they allow the walls to move up and try again.

IOW Saylor is doing his part and if everyone just bought the dips then no-one would be supporting the price.

He is literally proving to the deep pockets of the world you can buy the top and still profit over time.

For now he looks good.

The question is if we drop to 49k and are under his dca price of 56k what happens to him then.

Of course maybe we go to 200k and he offloads a bit to take away some heat.

Since we all know there are 21mill coins what happens in next year will be very interesting.

Have to say he is making a statement by adding and adding and adding.



It's a self fulfilling prophecy, the more he convinces its inevitable the less chance of it going down and when it does and comes out the other side in profits he says see I told you, get in now before the next wave.

Its no different than what this thread has been doing for years, its only on a larger scale and proving it can be done on the worst side of the accumulation.

He is proving that it doesn't matter when you get in as long as your in.
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January 08, 2025, 01:42:52 AM
Merited by Hueristic (1)

He is literally proving to the deep pockets of the world you can buy the top and still profit over time.


I feel like we are seeing more than one person playing 2 or 3 (or 15) moves ahead in a way that makes 70% of the world think they are evil or fools... 29% think they are crazy, while 1% or less is mouth agape as they dunk the ball.
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January 08, 2025, 01:53:05 AM
Merited by vapourminer (1), JimboToronto (1), JayJuanGee (1)

He is literally proving to the deep pockets of the world you can buy the top and still profit over time.


I feel like we are seeing more than one person playing 2 or 3 (or 15) moves ahead in a way that makes 70% of the world think they are evil or fools... 29% think they are crazy, while 1% or less is mouth agape as they dunk the ball.



Lead by example, actions speak louder than words.


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January 08, 2025, 02:06:14 AM
Last edit: January 08, 2025, 02:16:43 AM by Biodom

He is literally proving to the deep pockets of the world you can buy the top and still profit over time.


I feel like we are seeing more than one person playing 2 or 3 (or 15) moves ahead in a way that makes 70% of the world think they are evil or fools... 29% think they are crazy, while 1% or less is mouth agape as they dunk the ball.

It takes two opposite opinions to make the market.
I like the guy, but he is a "cowboy", for sure.

Plus, take a look at MSTR history...it's not their first rodeo (to continue with the same vibe).
They already had a prior stratospheric rise that ended up in a stupendous plunge of more than 99% ($313 high on March 14, 2000, $1.75 local low on Apr 3, 2001 with final lows later in the year). Things are different now, of course. Still, something to remember.

EDIT: MSTR at a bazillion would not upset me one bit...it just feels "forced' and at some point smart cookies like PTJ and, perhaps, Druckenmiller, will start playing against MS...just an opinion. BTW, both PTJ and Druckenmiller were EXACTLY right on bonds immediately after the ease started, and these opinions were very paradoxical few months ago.
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January 08, 2025, 03:19:38 AM
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Finally received my batch 1 order of the Braiins BMM101 miner and wrote up a small review if any of you were thinking of purchasing one

https://bitcointalk.org/index.php?topic=5525667.0

Yes, the price to performance ratio isn't there but it's a nice conversation piece, good hardware and totally silent. I figure I've been sitting on BTC for so long I might as well enjoy some of it by buying and supporting efforts like this
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January 08, 2025, 03:26:54 AM

[edited out]
As for being alone with your pillows, "we" can fix that.  Hey @JJG!  Relationship advice needed here, pronto!

You got me on that one.

According to Frank1 (see below quotes), I don't understand the RE portion of the FIRE acronym, and to make matters worse, I cannot even get my ego under sufficient control, so that I am capable of learning from others, purportedly not limited to my need to learn MOAR better from Franky1. 

....
[edited out]
you have no idea what FIRE is all about and it seems you have no intention to learn AND no intention to actually be part of FIRE in the future..
........
but i do wish one day you do put your ego aside and learn the possibilities of a better life in the future and one day want to aim for it. instead of the actions you play around with right now

Given my own seeming shortcomings, how could I be helpful regarding relationships, except perhaps my possible abilities to have a kind of relationship with my lil selfie?  And, what is wrong with pillows?

Bitcoin is way less volatile than it used to be.
The change is clear: it started after the COVID crash.

Since then, we've seen fewer periods of extreme volatility. Gone are the days of wild price swings.
The data shows a more compact distribution now. This likely comes from Bitcoin's stronger connection to traditional financial markets.


You are living in a little fantasy with your parroting of nonsense mainstream talking points.

Do you even know what is bitcoin?  And do you have your own brain?

It seems to me that one of the most predictable dynamics of bitcoin is that it happens to be ongoingly volatile, so you can try to wish away such actual volatility all that you like, act like you don't see such volatility and have fun staying poor in the meantime since you are trying to fantasize bitcoin with attributes that it does not have.

I get the feeling that 100k will be a very annoying number... Vegeta anyone?

I am not annoyed.

It is kind of nice being 10x higher than we were in 2017, 2018, 2019 and 2020....

Is it a solid 10x higher?

Maybe it is?

and maybe it is not?

Fuck around and find out, if anyone is wanting to sell some cornz with the intention of potentially buying back cheaper.  Maybe it will work?  and maybe it won't?

There were likely a lot of folks who got frustrated out of their BTC while we were bouncing in sub $10k prices for 3-ish years.

A lot of folks also want to proclaim that bitcoin is correlated with various other assets, and maybe it is and maybe it is not?

I have witnessed Bitcoin doing several stair step cases to the upside, and surely it seems that it was better to be in bitcoin rather than not being in it, yet there were folks who played around with trying to figure out if they wanted to be in or out.

Don't get me wrong.

I have no problem with guys selling various amounts of corn on the way up or even at various points in time within their bitcoin journey.  For example, there could be some guys who sell bitcoin once a month or once a quarter since they have enough, and/or more than enough, yet at the same time, I do have problems with guys selling BTC and presuming that they are going to be able to buy back cheaper, and sure some of those guys do end up being able to buy back cheaper, and others end up suffering in regards to having fewer coins than they could have had or should have had if they had not either sold too many coins too soon and/or they failed/refused to buy as many coins as they should have bought, and sure many times the quantity of coins that any of us has works itself out.  We got as many coins as we deserve to have, yet at the same time, there seems to be no should have, would have or could have, but instead there is just either you have a sufficient quantity of coins or you don't... and furthermore, what about having more than enough coins?  It likely takes a while to get to such status of having more than enough coins.

I am not proclaiming to be holier than thou either, especially since I could have had about 1/3 more BTC than I currently have, and there was a whole month in the earlier parts of 2017 in which my BTC had gone negative based on my then mistake in my own BTC portfolio management.  Sure, I could have had more BTC, yet at the same time, there is ongoing pleasure in recognizing that I have enough and I even have more than enough BTC, so then there may well be questions about how to manage those coins and whether the quantity will ever go below 0.63 BTC?  The quantity of BTC probably will go to lower points, since when the BTC price goes up a guy who is not in BTC accumulation mode (or no longer there except maybe during extreme downity situations, or just for funzies from time to time), but still there should be feelings of pleasure for any of us to have been able to front-run a lot of wallstreet and to front run a lot of governments and even to have had front run a lot of individually status quo rich people, and surely anyone just getting into bitcoin, there seem to be opportunities when we are going through these various kinds of stagnations in BTC prices.  There still seems to be time to front run some of wallstreet, governments, institutions and rich peeps, yet action is still required, since wealth redistribution is not likely to benefit those who do not act.

Surely there were a decent numbers of folks who sold some (or all) of their BTC at or around $100k with thoughts that they might be able to buy back cheaper, perhaps below $85k-ish, which maybe they will be able to and maybe they won't.  There are some others who are failing/refusing to sufficiently and/or adequately buy BTC, and sure maybe they are thinking that they are going to be able to buy cheaper, which maybe they will be able to, and maybe they won't yet at the same time, to me, it seems difficult for a low coiner or a no coiner to be claiming to be wanting to invest into bitcoin, if they are ONLY preparing for one price direction, which may well not happen.
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January 08, 2025, 03:54:18 AM

JJG HAS every five year buy and hold been a winner?

pretty sure it has.

not sure how many other items that are purchased and held five years are always a winner.
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