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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 26840643 times)
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JimboToronto
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March 07, 2025, 04:25:51 PM
Merited by sirazimuth (1)

good morning F.U.D.

https://www.yahoo.com/news/christiane-amanpour-jaw-drops-over-094511775.html

"Canadian Diplomat’s Trump Bombshell"

Canada has some fighting words for USA

some morning World War III looks right on schedule.


I am thinking will the UK arm Canada with nukes or what.

Musky trumpeter is getting some hot word action from Canadian Foreign Minister Mélanie Joly

I will have to run out and get some Vermont Maple syrup today.

The solution is really quite simple.

All little Donnie Boy has to do is get rid of all that silly tariff nonsense, apologize to Canada (and the rest of the world), and get down on his knees to beg forgiveness.

He has to stop acting like a spoiled child.
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March 07, 2025, 04:59:12 PM


 
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March 07, 2025, 05:01:15 PM


Explanation
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March 07, 2025, 05:06:55 PM

now, if the pattern continues as it should, we could see the 85 or 86 thousand dollar levels again.
i was correct again, only my predictions do not match the time of the day when i update.

the pattern i mentioned in my first post has formed and it looks close to the end.
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March 07, 2025, 05:07:52 PM
Merited by vapourminer (1), Hueristic (1), JayJuanGee (1), bitebits (1)

promises been made
Orange man kept promises
#strategicreserve.


 I know it might seem a little picky Mr. El duderino_ but my youngest says the last line is not good because you have to say "hashtag" so it's too many syllables.  She suggests

 #SBR

to keep it at 5 syllables.  Chip off the old block she is.   Smiley


 edit:  I forgot to mention, she also said "It's not Sunday in any country!" but I told her you just have to let some things go or it will drive you to insanity.
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March 07, 2025, 05:26:33 PM

good morning F.U.D.

https://www.yahoo.com/news/christiane-amanpour-jaw-drops-over-094511775.html

"Canadian Diplomat’s Trump Bombshell"

Canada has some fighting words for USA

some morning World War III looks right on schedule.


I am thinking will the UK arm Canada with nukes or what.

Musky trumpeter is getting some hot word action from Canadian Foreign Minister Mélanie Joly

I will have to run out and get some Vermont Maple syrup today.

The solution is really quite simple.

All little Donnie Boy has to do is get rid of all that silly tariff nonsense, apologize to Canada (and the rest of the world), and get down on his knees to beg forgiveness.

He has to stop acting like a spoiled child.

Something, something, Zebra Stripes.
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March 07, 2025, 05:48:17 PM
Merited by Richy_T (1)

Trump officially signs Strategic reserve and people are selling the News.
What are they even thinking

They're thinking it is a big disappointment to use seized Bitcoin for this instead of announcing a buying plan, as the rumor going around is that Trump is going to put in place a plan to buy 1 million BTC over the next 4 years.  I believe that announcement was rumored for tomorrow, so this would be setting the stage for it. 

I think everyone knew this executive order was coming, so I don't feel one way or another about it.  I do have high hopes for tomorrow and would understand a selloff if no announcement was made about buying Bitcoin for the reserve going forward.

Furthermore, in the long term even using seized Bitcoin is good because it means it won't get sold. Which was the alternative.
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March 07, 2025, 06:01:18 PM


Explanation
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champions
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March 07, 2025, 06:17:24 PM

🇺🇸 President Trump's Crypto Czar David Sacks said "We’ve decided that Bitcoin is scarce, it’s valuable, and that is strategic for the United States to hold on to this as a long-term reserve asset."


source:
https://x.com/BitcoinMagazine/status/1898066897326748084?t=1kl250ov9f25DUIBuylIww&s=19
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March 07, 2025, 06:46:59 PM
Merited by vapourminer (1), JayJuanGee (1), d_eddie (1)

good morning F.U.D.

https://www.yahoo.com/news/christiane-amanpour-jaw-drops-over-094511775.html

"Canadian Diplomat’s Trump Bombshell"

Canada has some fighting words for USA

some morning World War III looks right on schedule.


I am thinking will the UK arm Canada with nukes or what.

Musky trumpeter is getting some hot word action from Canadian Foreign Minister Mélanie Joly

I will have to run out and get some Vermont Maple syrup today.

The solution is really quite simple.

All little Donnie Boy has to do is get rid of all that silly tariff nonsense, apologize to Canada (and the rest of the world), and get down on his knees to beg forgiveness.

He has to stop acting like a spoiled child.

 I have to laugh at a Quebecer saying "First of all we're Canadians.  We're very proud of our country."  My jaw dropped too. There is no way more than 33% of Quebecers would have considered themselves proud Canadians more than a few weeks ago.  Thank God we have a strong leader in (speaking of spoiled children) Justin Trudeau nobody, pending the results of a Liberal party leadership election and a parliament prorogued, without the confidence of the house I might add, at this most critical time for us.  I am far more upset at Trudeau than I am at Trump.  Justin should have called an election a long time ago but he's more concerned with his party than with Canada.  Wouldn't it have been nice to have a functioning parliament and a less-lame Prime Minister to deal with the ramifications of Trump doing exactly what he has said he was going to do for the last two years.  Even if Trudeau naively believed Trump wouldn't win the election, even as Biden stepped was pushed aside, he could have called the election on Nov. 6th and we might have a functioning parliament where our voices could be heard today instead of being more like a red and white tent flapping in the breeze with only one of four pegs still in the ground for an anchor.

 Contrary to my accusative tone, I do not have a "Fuck Trudeau" Canadian flag flying atop my pickup truck.  I've just had enough of him stagnating the Canadian economy since 2015 which has been far worse for Canadians economically than the proposed 25% US tariffs on Canadian imports we seem to be so enraged about today.  Where has the rage been for the last 10 years?!
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March 07, 2025, 07:01:15 PM


Explanation
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March 07, 2025, 07:11:33 PM
Merited by vapourminer (1)

Between I also got a new car 1199cc (delivered to me on Feb 13, 2025) and that was not after 2-3 years but after selling my car that was 16 years old. To me it's better to update things with time. Your Bitcoins are of no use if you can't spend them to upgrade your living standard rather you see them going high while sitting in your wallet all the time. 

It's just me personal opinion and I know in advance that you will differ with it  Smiley Smiley     

It is up to you to balance out your needs from your wants, and to figure out whether there could be some value in deferred gratification, or to figure out if you might be spending too many of your cornz too soon based on your desires to live beyond your means.  I cannot make those judgements for you, even if I might choose differently from you.

Of course, many of us know that cars are depreciating assets, especially if we buy them brand new, and surely some geographical locations have more options for used cars or a better market for used cars than other geographical locations.

There is consent that we must not live beyond our means. Live a life that you can easily afford.

The issue with used cars is that they are less in price but require frequent maintenance or your weekends at workshop. New car if handled with car doesn't bother you for maintenance for at least 10 years from date of purchase. Here in Urdu we have a saying that (translated in English) "A person who buy expensive new thing (like car) cries one time but a person who buy cheap thing cries repeatedly."
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March 07, 2025, 07:16:56 PM

It's happening...  Right now...  The future of Bitcoin is being determined.  Game theory is kicking off and soon... We won't be early anymore.
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March 07, 2025, 07:41:00 PM
Merited by fillippone (3), serveria.com (1)

NO CAPITAL GAINS TAX EXEMPTIONS EXPECTED AT WHITE HOUSE CRYPTO SUMMIT: PUNCHBOWL REPORTER

REKT.
Bitcoin is dead.

That might have caused a massive OG sell off any way. Imagine US based whales suddenly finding out they can sell paying 0% tax.

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March 07, 2025, 07:43:39 PM
Merited by El duderino_ (10), sirazimuth (3), JimboToronto (2), xhomerx10 (1)

good morning F.U.D.
https://www.yahoo.com/news/christiane-amanpour-jaw-drops-over-094511775.html

"Canadian Diplomat’s Trump Bombshell"
Canada has some fighting words for USA

some morning World War III looks right on schedule.
I am thinking will the UK arm Canada with nukes or what.

Musky trumpeter is getting some hot word action from Canadian Foreign Minister Mélanie Joly

I will have to run out and get some Vermont Maple syrup today.
The solution is really quite simple.

All little Donnie Boy has to do is get rid of all that silly tariff nonsense, apologize to Canada (and the rest of the world), and get down on his knees to beg forgiveness.

He has to stop acting like a spoiled child.

Yes.  Trump has an ego problem. So even if  he backpeddles, he is going to want to claim credit.

He claims  credit for everything that he can spin as positive and blames for anything negative,  including  whining about a lot of things as you suggest... as if  he is always the victim, and wanting to try to put the USA in a similar kind of posture.  Yes. The USA citizen's elected that whiny douchbag.

now, if the pattern continues as it should, we could see the 85 or 86 thousand dollar levels again.
i was correct again, only my predictions do not match the time of the day when i update.

the pattern i mentioned in my first post has formed and it looks close to the end.

Oh gawd.   Roll Eyes Roll Eyes Roll Eyes

Another sorcerer wannabe.  That's all "we" need.

[edited out]
I forgot to mention, she also said "It's not Sunday in any country!" but I told her you just have to let some things go or it will drive you to insanity.

Maybe d_eddie should get that memo, also.  He has never seen a day that is not worthy of a haiku or two... #justsaying

Trump officially signs Strategic reserve and people are selling the News.
What are they even thinking
They're thinking it is a big disappointment to use seized Bitcoin for this instead of announcing a buying plan, as the rumor going around is that Trump is going to put in place a plan to buy 1 million BTC over the next 4 years.  I believe that announcement was rumored for tomorrow, so this would be setting the stage for it. 

I think everyone knew this executive order was coming, so I don't feel one way or another about it.  I do have high hopes for tomorrow and would understand a selloff if no announcement was made about buying Bitcoin for the reserve going forward.
Furthermore, in the long term even using seized Bitcoin is good because it means it won't get sold. Which was the alternative.

It can be a bit of a problem if any of the due process considerations are not guaranteed in order to make sure that the assets had been lawfully seized, and civil asset forfeiture laws already tend to be quite draconian and unjust in terms of presumption of lawful ownership and/or burden of proof requirements.

Between I also got a new car 1199cc (delivered to me on Feb 13, 2025) and that was not after 2-3 years but after selling my car that was 16 years old. To me it's better to update things with time. Your Bitcoins are of no use if you can't spend them to upgrade your living standard rather you see them going high while sitting in your wallet all the time. 

It's just me personal opinion and I know in advance that you will differ with it  Smiley Smiley     
It is up to you to balance out your needs from your wants, and to figure out whether there could be some value in deferred gratification, or to figure out if you might be spending too many of your cornz too soon based on your desires to live beyond your means.  I cannot make those judgements for you, even if I might choose differently from you.

Of course, many of us know that cars are depreciating assets, especially if we buy them brand new, and surely some geographical locations have more options for used cars or a better market for used cars than other geographical locations.
There is consent that we must not live beyond our means. Live a life that you can easily afford.

The issue with used cars is that they are less in price but require frequent maintenance or your weekends at workshop. New car if handled with car doesn't bother you for maintenance for at least 10 years from date of purchase. Here in Urdu we have a saying that (translated in English) "A person who buy expensive new thing (like car) cries one time but a person who buy cheap thing cries repeatedly."

Part of the reason that I mentioned the dependability of the used-car market is because it is likely that some locations has a way more robust used car market than other places.  A three year car tends to have a lot of the same new car qualities, yet it has depreciated by half.. (again depending on the market and depending on the brand of the  car, since some used cars hold their value better than others).

Back when I was younger, I always bought used cars, which is part of the reason that I had more money to invest than a lot of my peers.. .. and I frequently would witness quite a few of my peers who were wanting to live quite beyond their means, and many of those peers continue to struggle financially because they throw away money. 

In the last 15 years or so, I  have been buying new cars, yet par of the reason is because I had already reached a decently higher standard of living, so the extra money on the car has been kind of like luxury spending... and, so sure, it is up to you in regards to when you believe that you are o.k. to be able to invest into depreciating assets and/or whether the trade-offs are valid in regards to your own particulars.

Even many of my friends who have tended to live beyond their means, they likely had more fun in their youth than I did, and so there tend to be a whole package of considerations in regards to the extent to which deferred gratification, investing and saving pays off.

It's happening...  Right now...  The future of Bitcoin is being determined.  Game theory is kicking off and soon... We won't be early anymore.

It is still going to take while since adoption levels continue to be quite low, whether we are looking at individuals, institutions and/or governments.

I am not denying that there are some  smarter sections of the money that continue to gobble up the corn, yet there are a lot of continued delusionment amongst each of the categories, and probably the regular people are going to  end up getting screwed the most (what else is new), even though there are some of us who have front run the ones  who are currently coming into the mix... so long as we are able to mostly hang onto our coins rather than being tricked, cajoled and/or enticed out of them.
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March 07, 2025, 08:01:16 PM


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March 07, 2025, 08:32:48 PM

NO CAPITAL GAINS TAX EXEMPTIONS EXPECTED AT WHITE HOUSE CRYPTO SUMMIT: PUNCHBOWL REPORTER

REKT.
Bitcoin is dead.

That might have caused a massive OG sell off any way. Imagine US based whales suddenly finding out they can sell paying 0% tax.


There won't just be a sell off but we will loss long term holders.
I doubt even if they buy back
They would still continue holding.
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March 07, 2025, 08:47:02 PM

now, if the pattern continues as it should, we could see the 85 or 86 thousand dollar levels again.
i was correct again, only my predictions do not match the time of the day when i update.

the pattern i mentioned in my first post has formed and it looks close to the end.

Oh gawd.   Roll Eyes Roll Eyes Roll Eyes

Another sorcerer wannabe.  That's all "we" need.

Cheesy these are just the predictions of a novice bitcoin investor. i am not a sorcerer, i don't wannabe.

but things have been more consistent than I expected. a bit of bitcoin magic, a bit of blomen luck  Cool
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March 07, 2025, 09:01:18 PM


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March 07, 2025, 09:05:53 PM
Merited by El duderino_ (10)

Sounds like we aren’t getting any capital gains tax news just yet but they said they will work with the IRS…
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