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Question: How far will this leg take us?
$110K - 9 (8.3%)
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$140K - 9 (8.3%)
$150K - 19 (17.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26965780 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.)
aesma
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May 23, 2025, 10:18:24 PM

contest



Dude, stay sharp stay patient

whales are hungry  Grin

The US does all of the things he is accusing the EU of doing. In fact the US has even imprisoned EU CEOs to blackmail EU companies.
aesma
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May 23, 2025, 10:21:28 PM

This happens when you treat allies as enemies.


Source.


T is a businessman (in the past). He just proposed a "merger", not sure why it was taken so negatively as it was just a suggestion with no aggressive moves to accompany such suggestions.
Strategically, Greenland would be better off with US for obvious reasons [it already had, as was revealed publicly recently, a US nuclear base https://www.wsj.com/world/greenland-us-camp-century-nuclear-base-91e8abea], but politically, I understand why this is not a popular opinion.

Finally, that "agreement" is worth zippo if US really "wanted" Greenland, which it does not, in all seriosness.
So...nothing changes.

I am not sure why yellow pages always write about 'humiliations', 'upsets', etc. when talking about economic relationships.
I found out that British are always very reserved in person and in public, and justly so, but quite outlandish in their writings.
Must be some sort of compensation, indeed.  Wink

I'm sure if China talked about offering Hawai or Guam to join the great Chinese nation Trump would take it very well.
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May 23, 2025, 10:36:27 PM
Last edit: May 23, 2025, 10:49:18 PM by Biodom

This happens when you treat allies as enemies.


Source.


T is a businessman (in the past). He just proposed a "merger", not sure why it was taken so negatively as it was just a suggestion with no aggressive moves to accompany such suggestions.
Strategically, Greenland would be better off with US for obvious reasons [it already had, as was revealed publicly recently, a US nuclear base https://www.wsj.com/world/greenland-us-camp-century-nuclear-base-91e8abea], but politically, I understand why this is not a popular opinion.

Finally, that "agreement" is worth zippo if US really "wanted" Greenland, which it does not, in all seriosness.
So...nothing changes.

I am not sure why yellow pages always write about 'humiliations', 'upsets', etc. when talking about economic relationships.
I found out that British are always very reserved in person and in public, and justly so, but quite outlandish in their writings.
Must be some sort of compensation, indeed.  Wink

I'm sure if China talked about offering Hawai or Guam to join the great Chinese nation Trump would take it very well.

Actually, US was more or less silent while China bought control of the Panama canal..now this seems to be reversing, in part.
Anyway, talking about it is just vibration of the air and ink on the pages...there was nothing else done...I mean... militarily, which makes it a non-issue for now, imho.

Long term, if and when Greenland would be largely devoid of ice, it would probably become a point of contention between countries (if it becomes suitable not for 50 thou, but 50-100 mil people).
Greenlanders would not be able to provide such population spike themselves, perhaps, but if Danish could, I would be for it.
However, it would be interesting if it could become America#2 in the future when the most enterprising people would be allowed/encouraged to relocate there, many many years from now (probably at least 50, or maybe 100). Once the snow starts melting, it could be a potentially very nice place with a moderate climate when the rest of the globe would be a few degrees hotter than now.
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May 23, 2025, 11:01:12 PM


Explanation
Chartbuddy thanks talkimg.com
philipma1957
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May 23, 2025, 11:02:19 PM
Merited by vapourminer (1), Krubster (1)

This happens when you treat allies as enemies.


Source.


T is a businessman (in the past). He just proposed a "merger", not sure why it was taken so negatively as it was just a suggestion with no aggressive moves to accompany such suggestions.
Strategically, Greenland would be better off with US for obvious reasons [it already had, as was revealed publicly recently, a US nuclear base https://www.wsj.com/world/greenland-us-camp-century-nuclear-base-91e8abea], but politically, I understand why this is not a popular opinion.

Finally, that "agreement" is worth zippo if US really "wanted" Greenland, which it does not, in all seriosness.
So...nothing changes.

I am not sure why yellow pages always write about 'humiliations', 'upsets', etc. when talking about economic relationships.
I found out that British are always very reserved in person and in public, and justly so, but quite outlandish in their writings.
Must be some sort of compensation, indeed.  Wink

I'm sure if China talked about offering Hawai or Guam to join the great Chinese nation Trump would take it very well.

Let me say this on record I am not a fan Donald Trump.

China asking for Hawaii or Guam is not the Donald asking for Greenland.

Now that is settled I will explain why Donald is "winning"

Sanctuary states are a direct economic attack on the middle class.

As long as the USA has sanctuary states and refuses to deeply tax the rich Republicans no matter how fucked up they are (Donald Trump and Crew)
are a better financial choice for the middle class.

Now there are 11 sanctuary states

The West:   Washington Oregon, California
The middle: Illinois, Colorado
The east: New Jersey,New York, Connecticut, Massachusetts, Rhode Island, Vermont, Washington D.C.

This is effectively splitting the USA apart.

We are pre civil war over this issue.

While I Dislike Trump and his shit quite a bit, this issue hurts me bigly as I pay for illegals to go to school and various other things.


at OG Trump is still failing at this issue as he is not crushing illegals.

He also did not raise taxes on the rich so basically his policies suck for me.

Too slow fucking the illegals and gives the rich tax breaks.


on the other hand my current state New Jersey and my first state New York are both sanctuary states. which is a direct hand in my pocket.

I pay over 50 dollars in tolls to drive 60 miles from my house in New Jersey to Brooklyn and back.

On roads they are under construction 99% of the time.

My home property tax jumped 50% in 3 years most of which sends illegal kids to free school.


I will be moving from New Jersey next year as I cannot stand to live in a sanctuary state.
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May 23, 2025, 11:19:07 PM
Merited by AlcoHoDL (1), Ambatman (1)

[edited out]
You pointing out the importance of hodling bitcoin for the long term as well as the power of compounding in Bitcoin investments. Yeah, a lot of investors believes the best strategy to bitcoin investment is locking in some dollar profits and this is mostly the trader's mindset, and they often fail to realize that when they constantly do this, they may actually end up missing out on potential returns that usually comes from Hodling on to their Bitcoin over a long period of time.

Bitcoin's historical price growth can be seen as a testament to just how much potentials for massive returns Bitcoin has when hodled for the long term. Just like you stated, with returns of over 444x over just a decade, it's living proof that Hodling through the volatile market, the storms and the usual ups and downs can actually turn out to be incredibly profitable, more profitable than constantly selling off your bitcoin when there's a little short term price pump in the market.

Of course, another problem with selling too much too soon is that we would never really know for sure when to get back in, so then we spend a lot of time waiting for the price to drop to some kind of a target price, and maybe it drops and maybe it does not. If we are still accumulating bitcoin, we might end up waiting and waiting to buy, and instead of buying regularly, persistently, ongoingly, consistently and perhaps even aggressively, we are waiting.  Waiting is not a good strategy for anyone who is still in their accumulation stage and who has not yet reached a high enough status of accumulation or a status of overaccumulation.

Guys can do what they like, yet in bitcoin, we have a large number of bitcoiners (perhaps low coiners) who end up selling way too much of their bitcoin too soon, even when they should be accumulating bitcoin and they may well even consider themselves to be accumulating bitcoin, yet they are engaging in conduct to sell bitcoin with a purpose of buying more of it, which is contradictory and does not help to bring them to their goal of reaching overaccumulation status.. .which is a place that most of us should want to be, even if our numbers in regards to what is overaccumulation status are different.

Right now, I would  consider a person who has a goal to have an $80k per year income to be at his threshold of overaccumulation status with 16.837 BTC. Sure, if he has a few more bitcoin (maybe something like 20 BTC for cushion of 3.163 BTC) then that makes it easier to make sure that he does not ever dip below overaccumulation status in the event that he wants to enter into either price-based and/or time-based sustainable withdrawal.

I doubt that selling and/or trading as compared to strict regular, ongoing and perhaps even aggressive buying helps to assure getting to an overaccumulation status faster.. and from my perspective if a person sells bitcoin in order to try to buy back at a lower price, then he is likely taking chances (ie. gambling) in terms of screwing up his accumulation of BTC.  Sure, he might get lucky, but from my perspective it is not worth it to be taking those kinds of chances with an investment like bitcoin.

Haven't used them anyways, but Fuck you Bitstamp....
Well We losing the war to privacy. Decentralization is becoming a wishful dream.

There is no need to give up so easily.  Each of us likely has abilities to put our coins into private placement and also to figure out networks to transact directly with others rather than giving in to having to have our transactions channeled.  We also might need to keep track of transactions that are KYC and ones that are not... and so for example if we are removing coins from Bitstamp or similar exchanges and they are asking us questions, then perhaps we mostly keep those coins in wallets in which we send them back the same coins that we took from them when it comes time to cash out some of them (if we are going to use their exchange for such purposes).

Should be creating more (rather than fewer) incentives to figure out ways to transact privately.  I recall local bitcoins had allowed for people to contact each other directly, and frequently I would do my first transaction on local bitcoins and if I liked the person, then I would do any future transactions directly.. .. but yeah, that Local bitcoin's service does not exist any more.

Lets talk tariffs moonboys  Roll Eyes
It looks like a new buying opportunity is being created. Not only for Bitcoin, also for the stock market.

You buy stocks?

Lets talk tariffs moonboys  Roll Eyes
It looks like a new buying opportunity is being created. Not only for Bitcoin, also for the stock market.
The great opportunity was only a few weeks ago brother….

108-111 is like just the same…

Surely for anyone who is in their first cycle or two then maybe they are still buying bitcoin at any price, but if any of us are either into 3 cycles or even close to 3 cycles, then we should have had mostly accumulated already or perhaps we graduate to some kind of buying on dips, and yeah, this move from $112k to $107k is hardly a dip of significance, including that we had sub $100k prices for right around 3 months including some prices that were in the $70ks and even lower $80ks for quite a long time (like all of March and at least half of April).

3 pages and no jjg ok own up to it who broke them???
ChatGPt can fill in, no problem:

User Input:
Act as JayJuanGee from Bitcointalk and create a Wall Observer post where he complains
about the current state of shitcoinery while praising todays ATH of Bitcoin.

ChatGPT response:
Not nearly long enough
For me, there seems to have had been problems with the style rather than length.
Right. I mean i actually saw the bottom of the post before i decided to scroll past! Tongue

*it was quite obvious it didn't even attempt to use your style.

I fixed the above quote to add what I had said.

fuck apple fuck trump buy Sammies.
Quote
https://www.yahoo.com/finance/news/live/tariffs-live-updates-trump-threatens-new-tariffs-on-apple-eu-in-latest-escalation-of-trade-war-191201009.html
Tariffs live updates: Trump threatens new tariffs on Apple, EU in latest escalation of trade war
"I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else," Trump wrote on Truth Social. "If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S."

Apple stock lost ground Friday in conjunction with a broader market decline.
BTC dipped like a freaking stock on this news
but gold went up?

3300 to 3360  this jump is 2%
btc dropped from

110800 to
108,600 or 2%
an exact match

If you are getting excited about gold rather than bitcoin, you are getting lost in the short-term noise.
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May 23, 2025, 11:27:13 PM
Merited by vapourminer (1)

This happens when you treat allies as enemies.


Source.


T is a businessman (in the past). He just proposed a "merger", not sure why it was taken so negatively as it was just a suggestion with no aggressive moves to accompany such suggestions.
Strategically, Greenland would be better off with US for obvious reasons [it already had, as was revealed publicly recently, a US nuclear base https://www.wsj.com/world/greenland-us-camp-century-nuclear-base-91e8abea], but politically, I understand why this is not a popular opinion.

Finally, that "agreement" is worth zippo if US really "wanted" Greenland, which it does not, in all seriosness.
So...nothing changes.

I am not sure why yellow pages always write about 'humiliations', 'upsets', etc. when talking about economic relationships.
I found out that British are always very reserved in person and in public, and justly so, but quite outlandish in their writings.
Must be some sort of compensation, indeed.  Wink

I'm sure if China talked about offering Hawai or Guam to join the great Chinese nation Trump would take it very well.
I will be moving from New Jersey next year as I cannot stand to live in a sanctuary state.

You are mixing two unrelated things here.
Example: CA is a sanctuary state, but they have a wonderful prop 13, which does two things: limits RE tax to 1% of assessed value and that assessed value cannot rise more than 2% a year maximum.

TX, not a sanctuary state, has about 2% (of assessed value) RE tax and a 10% RE assessed value yearly limit increase, which is very hard as salaries do not rise 10%/year.
Additionally, assessors have no interest in helping you to contain the relentless rise and always try to somehow find the maximal possible value.
You can protest the tax, and I do...sometimes it works, sometimes it doesn't.

Conclusion: sanctuary has nothing to do with it. Imho, all states need to create something similar to CA prop 13, otherwise we are screwed.
ChartBuddy
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May 24, 2025, 12:01:14 AM


Explanation
Chartbuddy thanks talkimg.com
philipma1957
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May 24, 2025, 12:45:06 AM
Merited by vapourminer (2)

This happens when you treat allies as enemies.


Source.


T is a businessman (in the past). He just proposed a "merger", not sure why it was taken so negatively as it was just a suggestion with no aggressive moves to accompany such suggestions.
Strategically, Greenland would be better off with US for obvious reasons [it already had, as was revealed publicly recently, a US nuclear base https://www.wsj.com/world/greenland-us-camp-century-nuclear-base-91e8abea], but politically, I understand why this is not a popular opinion.

Finally, that "agreement" is worth zippo if US really "wanted" Greenland, which it does not, in all seriosness.
So...nothing changes.

I am not sure why yellow pages always write about 'humiliations', 'upsets', etc. when talking about economic relationships.
I found out that British are always very reserved in person and in public, and justly so, but quite outlandish in their writings.
Must be some sort of compensation, indeed.  Wink

I'm sure if China talked about offering Hawai or Guam to join the great Chinese nation Trump would take it very well.
I will be moving from New Jersey next year as I cannot stand to live in a sanctuary state.

You are mixing two unrelated things here.
Example: CA is a sanctuary state, but they have a wonderful prop 13, which does two things: limits RE tax to 1% of assessed value and that assessed value cannot rise more than 2% a year maximum.

TX, not a sanctuary state, has about 2% (of assessed value) RE tax and a 10% RE assessed value yearly limit increase, which is very hard as salaries do not rise 10%/year.
Additionally, assessors have no interest in helping you to contain the relentless rise and always try to somehow find the maximal possible value.
You can protest the tax, and I do...sometimes it works, sometimes it doesn't.

Conclusion: sanctuary has nothing to do with it. Imho, all states need to create something similar to CA prop 13, otherwise we are screwed.

No it is not about sanctuary and real estate tax in nj.

I was lazy as it is what sanctuary states do to aid illegals.

Cali is doing via minimum wage. And allowing illegals papers to work.

Cali raised the minimum wage to close to 20 bucks.

Which directly attacks seniors on pensions since the feds did not raise ssn anywhere as much as they did raise minimum wage.

Cali has hundreds of thousands of illegals getting a raised minimum wage.

A big fuck over.

And if I were to write how many ways you can be fucked by illegals and taxes subsidies them you would be stunned.

So in conclusion Cali does the fuck over with minimum wages.  Which rise veggies nation wide

Since the illegals are not being paid off the books well  under the minimum wage.

NJ also attacks with minimum wage to paperwork allowed illegals.

So we are worse than Cali
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May 24, 2025, 12:49:31 AM
Merited by sirazimuth (2), psycodad (1), WatChe (1)

First off, hopefully you know the difference between bitcoin and crypto, and you realize that we are not talking about crypto and/or shitcoins in this thread, unless maybe to denigrate some of them or to point out some certain idiocy connected with one or another shitcoins. So your use of the term shitcoin seems you don't know what bitcoin is (or what this thread is about) or perhaps you were merely trying to sound smart by pointing out some kind of higher level understanding that you supposedly have about bitcoin, which usually ends up backfiring when guys choose to use the vague, ambiguous and frequently misleading term of crypto when referring to bitcoin or something like bitcoin.
No.i don't mean to be weird about using this term. i really mean the crypto market and I know the differences and I really mentioned hope that more capital and people are entering this market and well, the most characteristic and famous thing in this market is Bitcoin and there is a high probability that this will have a positive effect on Bitcoin and some of them will flow towards Bitcoin.

We are not too tolerant of the pumping of shitcoins in this thread or even ambiguous comments that might seem to be talking good about shitcoins, so it becomes problematic to go down a road that suggests that shitcoins bring benefits to bitcoin, especially when bitcoin is the reason for their existence in the first place... and so yeah, sure factually we have value moving in and out of bitcoin from various shitcoins, but it still is likely a pretty BIG so what? and a deviation from more interesting points that might not imply attempts to talk good about shitcoins... which would be a topic some other thread if you might want to talk about which shitcoins might be less shitty than other shitcoins.

Second, I will agree with you that more and more folks are getting into bitcoin, including that the size of the players in bitcoin are getting bigger too, yet that does not necessarily mean that bitcoin is going to become more volatile since it takes more capital to move the bitcoin price these days when bitcoin prices are supra $100k as compared to when bitcoin was sub $10k or even sub $1k.
I also didn't say anything about Bitcoin being unstable and i just said one thing about the future of the market which is actually a positive thing for Bitcoin which shows how much more important and key Bitcoin will become in the near future.

It might not matter so much what you said exactly, yet I was responding to what you had said... which seems that you were saying that we are likely heading into more volatility.

Also, there is one more thing i want to say. i believe we’re entering a phase where price swings, especially upward ones, are going to happen more quickly and more often. And the reason is pretty clear that than more people are getting into crypto, and newer generations are not only more aware of it, but they’re also actively participating in the market.

I don't see any reason to beat the point to death, and I stand by what I already said.

[edited out]
When an economic crisis occurs, gold prices increase because it’s considered a safe harbor, protects investors from rising inflation, fiat money can drop in value, concerns arise over the country’s debt and shortfall budget and many central banks purchase lots of gold. Since these things are happening, investors turn to gold for its liquidity and price keeps rising.

Of course, this isn’t merely my personal opinion, it reflects a global pattern in which countries back their economic reserves with gold, and that has kept the traditional mindset of preserving capital very much alive.

For the past 13 years (at least) bitcoin has been and will continue to eat gold's lunch, so hopefully neither you or anyone else who are paying attention to bitcoin are holding any more than 10% the size of their bitcoin holdings in gold, and even 10% of the size of their bitcoin holdings in that shiny relic rock might be too much.

Haven't used them anyways, but Fuck you Bitstamp....
Well We losing the war to privacy. Decentralization is becoming a wishful dream.
Best practise is always keep your Bitcoin under your own custody, never go for exchange. That's the simple and best practise.  

There still seem to be a lot of people buying and selling their bitcoin through exchanges, so surely it is likely best that any of us who are using bitcoin should keep considering possibilities to support any businesses who accept bitcoin, and also there may be ways that we try to interact with our neighbors by using bitcoin, though surely so many of us likely are not engaging in neighborly commerce in these times... so surely easier said than done, even though there still can be opportunities from time to time to directly interact and transact using bitcoin.

This happens when you treat allies as enemies.

Source.
Anything, like anything, no matter how small, to humiliate this criminal, narcissistic, senile, moron fascist, who somehow, in a this weird reality, got voted in as POTUS, because appallingly ignorant majority of USA population, is a plus.
You seem mad.  If America having an America first President bothers you, then you are either a brainwashed liberal who doesn't know what gender they are,

Anyone should realize that Trump is Trump first, and sure once in a while he says the right words to make it seem that he might have some interests in benefitting America along the way too.. perhaps coincidentally to the extent that america first might align with trump first goals.
  

or you live in a country that has become way too comfortable being supported by Americans and the idea you can't grift off our wealth anymore sends you into a rage.  

Grifting off of status in order to create more wealth or to take more wealth tends to be problematic when conflicts with representational duties.  Much of the time, the self-dealing with Trump is quite outrageous.

Either way, America doesn't care.  

There are a lot of ways to describe and attempt to assess what America stands for, wants and/or cares about. Surely Trump was elected into that position, while at the same time it can be seen that he is quite abusive of power and/or authority, in some ways worse than his first term.. but yeah, of course, he has different folks behind him now, and in some ways, he got better at abusing his power within the system... and sure there is a bit of a coalition behind him that are enabling the convicted conman, and the American voters chose to give him a get out of jail free card.. which may have made that criminal even worse, since what would we expect to have a convicted criminal elected into a very powerful office?  There surely was a sense of desperation over the alternative, so in some ways the convicted criminal seemed better than the alternative... Go figure?

Trump got what we needed from Ukraine as far as a minerals deal.  This deal was most likely just Greenland using America's interest to score a generous deal at the hands of an already stretched European taxpayer.

You sound like someone who will proclaim that whatever Trump does is "best."  You cannot even admit that he is a problematic person.

Again, Trump wins.  His haters weaken themselves, and liberals declare victory.  I think some people would read The Art Of The Deal and still not be able to negotiate free water at a restaurant.  

I doubt that any of this is as close to black and white as you are seeming to want to describe it... but hey whatever, you do you, and sure there may be some folks here who agree with your seemingly drunken love for that orange-headed dweeb.

I am not even against everything that Trump has done, yet there surely has been a lot of destruction that seems to be ongoing, and surely some folks love destruction, and it is not like there are easy solutions to some of the possible valid concerns that some of Trump's actions seem to be aimed at attempting to address.

I have one question to all the fellow here in the W.O, i know most of you are from U.S and and others from Europe so people there have the income to build savings and invest in something thinking about their future.

Well my question is the following, did you see more people investing on Bitcoin or you start to feel that some of the peoples are so silly and start to think, well "that train is already pass for me, so i will look into another opportunities" or "since this already passed and i miss it im gonna invest in the traditional way".

I ask this because when i talk with some friends about it they all said the same " its already above 100k if i buy now is not gonna be so much, its gonna be less than 0....." and other silly comments, and not matter what you say to them they think this bus is full and has gone, when this is clearly not the case.
They can still see a x10 in not so much time, but they still refused to believe.

In the other hand i think to myself, well is better to not have this people with us, his way of thinking are a shit and they are gonna be weak hands what we dont want to have.
What are your thoughts about this matter?.

Of course, there is a never ending theme of everyone thinking that they are too late.

It seems that our current bull market is driven more by institutions, governments and/or some of the status quo rich, and not very much from retail.  Sure there are a few enlightened retail, yet at the same time, many of them remain low coiners or no coiners. If they do not get in now, then they likely will have to get in later down the road, and they will have to pay higher prices, yet they are going to continue to have the same feelings about "it being too late," so they are their own worst enemy when they continue to fail/refuse to act in terms of getting started investing in bitcoin, even at our current prices.. they are still early, yet they believe that they are too late.  Too bad for them, they  will have to buy dee cornz at higher prices.

By the way, there are some retail starting to come into bitcoin through bitcoin spot ETFs.. .sure it is not direct ownership, but it is coming available through retirement accounts, but at the same time, I think that there are still a lot of limited entrants through the bitcoin spot ETFs.

About the price, come on Donald we dont need your declarations about taxes again, dont kill the vibe when we are facing new ATH after new ATH.

Who cares what the orange-headed dweeb does?

Australia, Baby Boomers in their 70 years are now showing an interest in Bitcoin and other digital assets that was previously unimaginable. Bitcoin is no longer just a young thing, older, more experienced investors are also taking it seriously. I am really impressed by their activity. I can now imagine how much Bitcoin has made older people interested in investing. As far as I know, there are many countries where 70 years old is the very end of life, meaning they are retired and have to worry about illness and death. But the Australians are the opposite, even at the age of 70, they are showing interest in learning new things and trying new things, which is what I really like. I can definitely say that Satoshi Nakamoto creation of Bitcoin is worthwhile here. I can strongly say that what is happening in Australia now, there will come a time when people all over the world will be interested in learning about Bitcoin and investing in it, this will happen very soon. For me, investing in Bitcoin is not just about being financially Self-reliant , but it is also a reflection of my love and faith.

source of image: abc.net.au

I have a hard time recommending 70 years or older to get into bitcoin unless they believe that they have at least a 4 year investment timeline, otherwise they are gambling rather than investing.

[edited out]
There ya go my friend. My bad. Wouldn't want to upset my friends on this here famous thread. Although I'm very well aware I upset others and that's ok, lol.

You gotta break a few eggs to make an omelet.   Wink

The US does all of the things he is accusing the EU of doing. In fact the US has even imprisoned EU CEOs to blackmail EU companies.

Bullies are not going to admit that they are bullies, and America was already bullies for at least the past 20 years... sure, maybe some of the tactics may have changed along the way, but overall bully.. check.
Biodom
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May 24, 2025, 12:58:58 AM

Below is the example of bitcoin gambling...big time..., but i wish him well.
This is just for observation, NOT to follow.

https://bitcoinist.com/crazy-bitcoin-bet-traders-1-billion-wager-says-btc-climbs-this-week/

Comment: geez...peeps are now wagering billions, even though it is a 40X bet or whatever.

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May 24, 2025, 01:01:12 AM


Explanation
Chartbuddy thanks talkimg.com
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May 24, 2025, 01:07:37 AM

If my parents put some of their savings into BTC I wouldn't mind, I would help them set up something safe with cold wallets and a way for me and my siblings to access them when they pass. It could be a way to avoid some inheritance tax although with their current wealth and the current tax code we shouldn't be hit too hard, especially if they end up selling a house and spending some of that money on their last days with home care and the like. On the other hand my brother may not be thrilled as he's in traditional finance. But my parents are far from there, they're rather telling me to sell especially when there is talk of an ATH, but they have been less insisting seeing that I'm right and corn continues to go up.

Also if they let us some BTC in say 10-15 years I might not mind paying tax on that if it's worth millions by then...

philipma1957 I feel your pain and I think that US politics is so polarized that both camps end up doing crazy opposite things at the same time at various government levels, which is a disaster. Trump isn't helping in any way in that regard, he just pushes the limits of crazy farther out. Now nobody will be surprised if you get a real Stalinist as president one day.
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May 24, 2025, 01:21:44 AM
Last edit: May 24, 2025, 02:12:09 AM by Biodom

One idea that consumes me lately a bit...what if we are repeating not only the 2017 spike, but also a 1979-early 1980 silver spike?
In the latter scenario M. Saylor looks to be in a similar role to Hunt brothers (circa 1979-1980) since his incredible buying is also essentially margin-based.

Check out the Wiki (below) about it: silver popped from $6 in Jan 1979 to $49.9 on Jan 18, 1980.
Hunt bothers were "running" the spike using borrowed money.
Their aim was to monopolize silver, but the exchange rug-pulled them, essentially, by not allowing or limiting margin, thereby ending the run.

If 93K btc is the equivalent of a $6 silver, we might spike to 750K (plus minus 100-150K) btc between now and, say, Jan-Feb 2026.

For those who think that we would just go very gradually...this is not how fast markets with LIMITED supply are working.

Charts:

Silver spike:
https://en.wikipedia.org/wiki/Silver_Thursday

Nickel spike:
https://tradingeconomics.com/commodity/nickel

It would be interesting to see what happens, but someone is interested (perhaps, prematurely):

https://www.businessinsider.com/bitcoin-price-prediction-options-300000-june-record-high-btc-crypto-2025-5
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May 24, 2025, 01:22:44 AM
Merited by JayJuanGee (1)

Could be something, could be not, I don't know.

https://supertestnet.github.io/scewl/
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May 24, 2025, 01:52:46 AM

One idea that consumes me lately a bit...what if we are repeating not only the 2017 spike, but also a 1979-early 1980 silver spike?
In the latter scenario M. Saylor looks to be in a similar role to Hunts brothers (circa 1979-1980) since his incredible buying is also essentially margin-based.

Check out the Wiki (below) about it: silver popped from $6 in Jan 1979 to $49.9 on Jan 18, 1980.
Hunt bothers were "running" the spike using borrowed money.
Their aim was to monopolize silver, but the exchange rug-pulled them, essentially, by not allowing or limiting margin, thereby ending the run.

If 93K btc is the equivalent of a $6 silver, we might spike to 750K (plus minus 100-150K) btc between now and, say, Jan-Feb 2026.

For those who think that we would just go very gradually...this is not how fast markets with LIMITED supply are working.

Charts:
Silver spike:
https://en.wikipedia.org/wiki/Silver_Thursday
Nickel spike:
https://tradingeconomics.com/commodity/nickel
It would be interesting to see what happens, but someone is interested (perhaps, prematurely):
https://www.businessinsider.com/bitcoin-price-prediction-options-300000-june-record-high-btc-crypto-2025-5

Bitcoin is still quite a different animal since it is natively digital rather than natively physical and then digitally manipulated.  It seems a lot harder to hoard the bitcoin market, yet surely there is a difference with holding your own keys and then assessing how many bitcoin are actually liquid, so surely any one entity could try to monopolize the bitcoin price in terms of how much of bitcoin's supply is liquid, yet surely other bitcoin might end up coming onto the market were previously thought to be dormant.. that is if the BTC price goes shooting up.  Crashing the price might take a bit of time to react, but still there could be attempts to manipulate the market and then some folks would end up getting recked and then it might also become apparent that some folks do not hold the bitcoin that they claim to hold.  I guess my point is, to the extent that I have any point, is that the dynamics in bitcoin are different, and surely there are some folks who are locking themselves into contracts where they cannot claim possession of the coins that they supposedly own, so I don't doubt that there is quite a bit of fractional reserve going on that could end up being quite risky if the market discovers such fractional reserve and starts to differentially price accordingly.
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May 24, 2025, 02:01:12 AM


Explanation
Chartbuddy thanks talkimg.com
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May 24, 2025, 02:10:51 AM
Merited by JayJuanGee (1)


...You gotta break a few eggs to make an omelet.   Wink


Thanx for that reminder bro.
I'm gonna break a few eggs tomorrow morning and make me a big ole celebratory omelet for breakfast to kick off this here Memorial Day Weekend.
My permanent vacation actually.

GO BITCOIN
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May 24, 2025, 02:11:17 AM

If my parents put some of their savings into BTC I wouldn't mind, I would help them set up something safe with cold wallets and a way for me and my siblings to access them when they pass. It could be a way to avoid some inheritance tax although with their current wealth and the current tax code we shouldn't be hit too hard, especially if they end up selling a house and spending some of that money on their last days with home care and the like. On the other hand my brother may not be thrilled as he's in traditional finance. But my parents are far from there, they're rather telling me to sell especially when there is talk of an ATH, but they have been less insisting seeing that I'm right and corn continues to go up.
I
Also if they let us some BTC in say 10-15 years I might not mind paying tax on that if it's worth millions by then...

philipma1957 I feel your pain and I think that US politics is so polarized that both camps end up doing crazy opposite things at the same time at various government levels, which is a disaster. Trump isn't helping in any way in that regard, he just pushes the limits of crazy farther out. Now nobody will be surprised if you get a real Stalinist as president one day.

My issue is I am middle class. So sanctuary platform is terrible for me.

But my 2 pensions and my wife's pension are federal so trump is terrible for me.

So basically I don't like either party as they are both hurting me.

My wife and I did over 50  years of work for federal government Trump comes in and puts a Hurt on us.

And our state also puts a money hurt on us.
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May 24, 2025, 02:56:47 AM
Last edit: May 24, 2025, 04:05:03 AM by xhomerx10

If my parents put some of their savings into BTC I wouldn't mind, I would help them set up something safe with cold wallets and a way for me and my siblings to access them when they pass. It could be a way to avoid some inheritance tax although with their current wealth and the current tax code we shouldn't be hit too hard, especially if they end up selling a house and spending some of that money on their last days with home care and the like. On the other hand my brother may not be thrilled as he's in traditional finance. But my parents are far from there, they're rather telling me to sell especially when there is talk of an ATH, but they have been less insisting seeing that I'm right and corn continues to go up.
I
Also if they let us some BTC in say 10-15 years I might not mind paying tax on that if it's worth millions by then...

philipma1957 I feel your pain and I think that US politics is so polarized that both camps end up doing crazy opposite things at the same time at various government levels, which is a disaster. Trump isn't helping in any way in that regard, he just pushes the limits of crazy farther out. Now nobody will be surprised if you get a real Stalinist as president one day.

My issue is I am middle class. So sanctuary platform is terrible for me.

But my 2 pensions and my wife's pension are federal so trump is terrible for me.

So basically I don't like either party as they are both hurting me.

My wife and I did over 50  years of work for federal government Trump comes in and puts a Hurt on us.

And our state also puts a money hurt on us.

 I get your sanctuary city/state argument but I don't understand the issue with your federal pensions wrt Trump.
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