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

[Piyara89]

Will it have a huge impact on Market?

@general_elon12
A 3% allocation to Bitcoin outperformed cash and money market funds since 2020.


X

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

two nuclear powers launching missiles at one another.

What could go wrong?

 Well, just in case our world goes pear-shaped overnight, I just want to say, I love you guys!  Thanks for the support, encouragement and entertainment during the greatest rollercoaster ride I could never have dreamed of.

yup. the coolest roller coaster ever, and we just happened to be there while it was built practically around us as we rode it.

been a pleasure gents. sure hope we carry on carrying on and all that.

anyway off to feed the birds

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Musca domestica]

Tap on pic, hold & load this in 4k

#Bitcoin:

$0.05: 'Some internet bullshit' (2010)
$0.01 : Pizzas bought for 10K $BTC (2010)
$33: First online store accepts BTC (2011)
$265: First Crisis boost (2013)
$1,240: China bans crypto (2013)
$86: Mt. Gox Hack (2014)
$20K: 2017 retail FOMO peak
$3.2K: 'Crypto winter' bottom (2018)
$3.8K: COVID dump (Mar-Apr 2020)
$69K: ATH before FTX (Nov 2021)
$15.7K: SBF collapse (Nov 2022)
$42K: GBTC unlock fears (2023)
$48K: First crypto ETF approval (Jan 2024)
$100K: Trump pro-crypto promises (Dec 2024)
$95K: We are here

There is no second best.


https://x.com/DeFiTracer/status/1919815359210652002?s=19

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

has it been getting messy in here lately or is it just some awful new smell or something

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[GPVibes]

has it been getting messy in here lately or is it just some awful new smell or something

Kind of misfeeling, with the smell of dead rat and deodorant.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[darbitmobilerecovery]

BTCTC Keep going meanwhile in Europe they are still doing silly things and becoming more and more the meme of the bottle with the atached cap.



They are gonna lose a big chunk of the industry and they are gonna be behind other countries after a few years.

That money is gonna fly to another localtions with lower regulations and one of this seems to be United States, not a little one like in the past when one interesed country was El Salvador.

Lets see how it ended and what it say the final word of this new regulation.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

@ Wall observer overlord infofront

Please insert a new poll

[JimboToronto]

has it been getting messy in here lately or is it just some awful new smell or something

Smells like crap(to).

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

A controversial opinion in VERY broad strokes:

POTUS is gearing up to drop taxes (maybe to zero) on couples earning less than $200K.
Who usually has de minimis taxes? Answer: poor people.

To me, this indicates, as incredible as this thought is, that you would need to earn >$200K/year as a family to be "not poor" soon.
Where is bitcoin when this happens: perhaps no less than $300k/btc or even more.

Conclusion...if you cannot make sure that you are earning >$200k/year within the next 12-24mo, buy bitcoin as much as you can, perhaps. Albeit, this is not an investment advice.

We are in the middle of a gigantic experiment: a vast decrease in all taxes on the current middle class (except sales taxes) with simultaneous increase in sales taxes plus a presumed significant decrease in government assistance: medicaid, Section 8, etc, etc.

EDIT: DXY had peaked at 110 in jan. Now, it's at 99.25 (10% decrease). In 2008 and 2011, DXY bottomed at about 71-72. It's entirely possible that this is where we are going aka another 25-30% down, which should be super bullish for btc.
W.Buffett hinted that Berkshire would think of diversifying their $$ to other currencies.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

With all the OP_return talk around the community, I have to wonder a bit if developers aren’t trying to recreate the Bitcoin Cash fork as a dividend for Bitcoin holders to help pump the price like in 2017. Sounds crazy and it probably is, but maybe certain core developers are just pretending to be dishonest and incompetent right now to help a possible fork materialize to pump the market with free airdropped money?

[Volgastallion]

A controversial opinion in VERY broad strokes:

POTUS is gearing up to drop taxes (maybe to zero) on couples earning less than $200K.
Who usually has de minimis taxes? Answer: poor people.

To me, this indicates, as incredible as this thought is, that you would need to earn >$200K/year as a family to be "not poor" soon.
Where is bitcoin when this happens: perhaps no less than $300k/btc or even more.

Conclusion...if you cannot make sure that you are earning >$200k/year within the next 12-24mo, buy bitcoin as much as you can, perhaps. Albeit, this is not an investment advice.

We are in the middle of a gigantic experiment: a vast decrease in all taxes on the current middle class (except sales taxes) with simultaneous increase in sales taxes plus a presumed significant decrease in government assistance: medicaid, Section 8, etc, etc.

EDIT: DXY had peaked at 110 in jan. Now, it's at 99.25 (10% decrease). In 2008 and 2011, DXY bottomed at about 71-72. It's entirely possible that this is where we are going aka another 25-30% down, which should be super bullish for btc.
W.Buffett hinted that Berkshire would think of diversifying their $$ to other currencies.

Mmmm that is a very good aproach but i feel like you overthink it.

I think is more basic economics and plus is made by the Orange men. What this means? Well in economics one of the first things you learn about its poor people is the sector who consume the most, so when fill them with money all that money goes into the real economy and into consuption og goods and services and with that you dinamize the economy pretty fast and the "people" see it on the streets and feel like every is going on tracks and working good. They are not gonna save it they are gonna spend it.

Plus taking out taxes from the less favoured people is always a good and demagogic politics.

[AlcoHoDL]

A controversial opinion in VERY broad strokes:

POTUS is gearing up to drop taxes (maybe to zero) on couples earning less than $200K.
Who usually has de minimis taxes? Answer: poor people.

[...]

I'm pretty sure that the vast majority of couples of every western (or, indeed, any) European country would be classified as "poor" by the above definition.