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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 26826159 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.)
d_eddie
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May 29, 2025, 11:38:17 PM

Lending out bitcoin to get interest in bitcoin is much better and neater, but i am not aware of who does it.
Preaching to the choir! I was already shooting for second best  Wink
philipma1957
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May 29, 2025, 11:39:46 PM
Merited by fredericktaylor (1)


x
Wow amazing Gemini, mining Bitcoin with a Cybertruck at the Bitcoin. This is basically Bitcoin mining by running a Bitaxe miner powered by a Cybertruck. These initiatives by Gemini have opened a new horizon in the goal of increasing the mainstream acceptance of Bitcoin. They have combined technology and financial innovation by using electric vehicles like the Cybertruck for mining and attractive Bitcoin storage.


What's the point of using an electric automobile to power a Bitcoin miner?

You still have to plug the car in to charge it.  Roll Eyes

many places charge teslas for free.

not that you can mine a s21xp at it 24/7 but you could do a decent amount.

great adventure was letting you fully charge you telsa for all of last year  and some of this year.

if you had a season pass you could do it. a season pass was 80 bucks.

you had unlimited charging there. so it was free power other than the 80 dollar season pass.

it is likely why they end the free deal.

wawa is also free if you have the wawa app.
Biodom
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May 29, 2025, 11:45:17 PM

Mikezilla!
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OgNasty
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May 30, 2025, 12:53:42 AM

You’d just need to hit 1 block…

Or you could just buy a lottery ticket.   Grin

 You'd likely have better odds with a lottery ticket given that one single hash currently gives you a probability of 1 in 522,527,040,489,789,521,218,189.3 of mining a block.

No way. A Cybertruck could power 2 Antminer S21s 24/7 while needing to be recharged about every 17 hours. That would give you a 1 in 31 chance of hitting a block over a year period (if Grok is to be believed). Sure, 1 in 31 chance isn’t great, but compared to the lottery this is a no-brainer. Especially when you consider the YouTube revenue and value of your brand that would grow.

This is basically a way to get paid a quarter million dollars in a year, get a free cybertruck, a free S21, & build a YouTube following. You just have to be the 1 in 31.
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May 30, 2025, 01:01:19 AM


Explanation
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philipma1957
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May 30, 2025, 02:27:35 AM
Last edit: May 30, 2025, 02:42:29 AM by philipma1957

You’d just need to hit 1 block…

Or you could just buy a lottery ticket.   Grin

 You'd likely have better odds with a lottery ticket given that one single hash currently gives you a probability of 1 in 522,527,040,489,789,521,218,189.3 of mining a block.

No way. A Cybertruck could power 2 Antminer S21s 24/7 while needing to be recharged about every 17 hours. That would give you a 1 in 31 chance of hitting a block over a year period (if Grok is to be believed). Sure, 1 in 31 chance isn’t great, but compared to the lottery this is a no-brainer. Especially when you consider the YouTube revenue and value of your brand that would grow.

This is basically a way to get paid a quarter million dollars in a year, get a free cybertruck, a free S21, & build a YouTube following. You just have to be the 1 in 31.

or buy 2 s21xp and earn 30 a day on regular viabtc

that is 108k in a year

so the truck is 110k the gear is 14k

this means 124-108=16k in the hole after 12 months

in 14 months you are at 126k

thus you now have 2 free s21xps and 1 free truck.

x 10 means 140 months not 14 thought it was too fast.
hisslyness
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May 30, 2025, 02:36:24 AM

You’d just need to hit 1 block…

Or you could just buy a lottery ticket.   Grin

 You'd likely have better odds with a lottery ticket given that one single hash currently gives you a probability of 1 in 522,527,040,489,789,521,218,189.3 of mining a block.

No way. A Cybertruck could power 2 Antminer S21s 24/7 while needing to be recharged about every 17 hours. That would give you a 1 in 31 chance of hitting a block over a year period (if Grok is to be believed). Sure, 1 in 31 chance isn’t great, but compared to the lottery this is a no-brainer. Especially when you consider the YouTube revenue and value of your brand that would grow.

This is basically a way to get paid a quarter million dollars in a year, get a free cybertruck, a free S21, & build a YouTube following. You just have to be the 1 in 31.

1 in 31 doesn’t sound right… let me crunch some numbers…
hisslyness
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May 30, 2025, 02:39:15 AM

You’d just need to hit 1 block…

Or you could just buy a lottery ticket.   Grin

 You'd likely have better odds with a lottery ticket given that one single hash currently gives you a probability of 1 in 522,527,040,489,789,521,218,189.3 of mining a block.

No way. A Cybertruck could power 2 Antminer S21s 24/7 while needing to be recharged about every 17 hours. That would give you a 1 in 31 chance of hitting a block over a year period (if Grok is to be believed). Sure, 1 in 31 chance isn’t great, but compared to the lottery this is a no-brainer. Especially when you consider the YouTube revenue and value of your brand that would grow.

This is basically a way to get paid a quarter million dollars in a year, get a free cybertruck, a free S21, & build a YouTube following. You just have to be the 1 in 31.

or buy 2 s21xp and earn 30 a day on regular viabtc

that is 108k in a year

so the truck is 110k the gear is 14k

this means 124-108=16k in the hole after 12 months

in 14 months you are at 126k

thus you now have 2 free s21xps and 1 free truck.

$30 x 365 = $108,000.00 Huh?

Last time I checked it was $10,950.00
philipma1957
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May 30, 2025, 02:40:14 AM

You’d just need to hit 1 block…

Or you could just buy a lottery ticket.   Grin

 You'd likely have better odds with a lottery ticket given that one single hash currently gives you a probability of 1 in 522,527,040,489,789,521,218,189.3 of mining a block.

No way. A Cybertruck could power 2 Antminer S21s 24/7 while needing to be recharged about every 17 hours. That would give you a 1 in 31 chance of hitting a block over a year period (if Grok is to be believed). Sure, 1 in 31 chance isn’t great, but compared to the lottery this is a no-brainer. Especially when you consider the YouTube revenue and value of your brand that would grow.

This is basically a way to get paid a quarter million dollars in a year, get a free cybertruck, a free S21, & build a YouTube following. You just have to be the 1 in 31.

1 in 31 doesn’t sound right… let me crunch some numbers…

400 x 0.055 =22 a day or 8000 a year or 40 to 1 shot

yea caught that with the s21 calculations

JayJuanGee
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May 30, 2025, 03:00:24 AM
Merited by xhomerx10 (1), AlcoHoDL (1)

I knew I should have sold everything the second I saw those dancing cows on stage…
The Bitcoin conference is bearish every year so we shouldn’t be too surprised with what we’re seeing right now.

You talk a BIG game by suggesting that it would be a good idea to fuck around with all of your stash in order to potentially to be able to pick up a few nickles in front of a steam roller.

Perhaps the reason you are still trading after around 14 years in bitcoin.  Many of us learned - quite some time back - that trading bitcoin tends to not work out very well..

The thing to watch now is June 30th. Bitcoin needs to be over $100K on that date if we want to see a 4-year bubble top in September with MSTR being included in the S&P 500.

I don't see  how their needs to be so much emphases in certain targets needing to be met at certain dates.  For some reason I am not worried...  I don't see any urgency.

You’d just need to hit 1 block…
Or you could just buy a lottery ticket.   Grin

You could have had bought 3.125 bitcoin for a decent amount of time between February 2018 and October 2020.. perhaps for around $25k or less (for right around $8k each or less). 

Right now with $106k-ish spot price bitcoin, a guy who had bought 3.125 BTC in 2018, 2019 or 2020 would be right around $306k in profits in regards to spot price (that is 3.125 BTC X $106k  = $331,250 - $25k-ish for the initial costs)...and even if we were to use the 200-WMA (bottom prices) for our valuation of our BTC holdings, we would still be $125k-ish in profits.
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May 30, 2025, 03:01:17 AM


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May 30, 2025, 03:13:33 AM
Merited by xhomerx10 (1)

It's not really very much fun for the most part going bonkers. Occasionally fun, but mostly it's uncomfortable and disturbing.
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May 30, 2025, 03:26:08 AM
Merited by JayJuanGee (1)

It's not really very much fun for the most part going bonkers. Occasionally fun, but mostly it's uncomfortable and disturbing.

What's happening, bro?
In other words, this shouldn't be happening late in life unless it is something genetic, but I don't want to guess.
Perhaps, a detailed physical is a good idea?

Peter Diamandis always talks about this one:

https://www.fountainlife.com/

I have no connection and NOT recommending it, but maybe worth checking it out or something similar in advanced diagnostics area.
The rest is, perhaps more of a hopium, but i digress.
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May 30, 2025, 03:30:31 AM
Last edit: May 30, 2025, 03:41:33 AM by OgNasty

You talk a BIG game by suggesting that it would be a good idea to fuck around with all of your stash in order to potentially to be able to pick up a few nickles in front of a steam roller.

Perhaps the reason you are still trading after around 14 years in bitcoin.  Many of us learned - quite some time back - that trading bitcoin tends to not work out very well..

Whenever I click to read an ignored users posts I always regret it. Lol

It is just talk. I don’t trade my Bitcoin. I certainly will never sell all of it at any price. You seem to take this talk a little too serious, which from your constant emotional reactions leads me to believe YOU are too invested and dependent on Bitcoin. We’re all getting way too rich for you to be so constantly negative and such a crybaby.

$5,000,000,000 worth of stablecoins being paid out tomorrow from FTX. That could get interesting.
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May 30, 2025, 03:43:52 AM

Many of us learned - quite some time back - that trading bitcoin tends to not work out very well..

That's a good one...I recently saw Adam Back's video where he explained why: if the asset is exponential in value accrual, essentially, than if you trade it, you might not be able to get back (at least to the same extent).

I think this is the correct time of the vid where he says it:

https://youtu.be/o0Qe1CZssek?t=1879



JayJuanGee
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May 30, 2025, 03:55:00 AM
Last edit: May 30, 2025, 06:33:42 AM by JayJuanGee

It's not really very much fun for the most part going bonkers. Occasionally fun, but mostly it's uncomfortable and disturbing.

Snap out of it, then.   Tongue Tongue

hahahahahaha

Or is it one of those things that you cannot change a pickle back into a cucumber?

You talk a BIG game by suggesting that it would be a good idea to fuck around with all of your stash in order to potentially to be able to pick up a few nickles in front of a steam roller.

Perhaps the reason you are still trading after around 14 years in bitcoin.  Many of us learned - quite some time back - that trading bitcoin tends to not work out very well..
Whenever I click to read an ignored users posts I always regret it. Lol

Stop doing it then.

It is just talk. I don’t trade my Bitcoin. I certainly will never sell all of it at any price. You seem to take this talk a little too serious,

Well, to me, it seems good to take matters at face value... and to attempt to have some reliance on the face matter of claims, especially if such claims are coming from members who seem to want to have some credibility in these here parts, which you seem to do, even though you are not very good at it and you want to continue to present yourself as if you were some kind of a know-it-all badass, and sure, whatever, you do you..

which from your constant emotional reactions leads me to believe YOU are too invested and dependent on Bitcoin.

I doubt that I am either overly emotional about my bitcoin or overinvested into bitcoin, even though I do like to respond to claims that seem to be exaggerated, like ones that you sometimes will make that seem to relate to trading, even though you claim not to do it, even while you are claiming to do it.  

Yet in regards to me, you seem to be reading what you would like into my posts and lamely trying to make some kind of a character attack rather than actually trying to grapple with the contents of any claims or opinions that I am presenting (whether I might be correct or wrong in my own assessments or my criticisms of your proclaiming to want to trade certain bitcoin news, events or momentum).

We’re all getting way too rich for you to be so constantly negative and such a crybaby.

I doubt that forum members, whether longer term or shorter term members are getting rich (or supposedly getting rich) at the same rate.  For one thing, many of us came into bitcoin at differing times and we had differing levels of abilities to invest into bitcoin whether aggressively and/or whimpily, and we likely also know that traders have tendencies to sell too many coins too soon, so guys who had been engaged in trading of bitcoin over the years, which you claim that you don't trade, but then at the same time, from time to time, you seem to like to brag about various trades that you made or that you are planning to make (or that you should have had made, yet you say that we should not actually believe what you actually say).   

I also don't consider myself a trader, even though many forum members likely accept my claims about selling BTC on the way up (mostly since mid-to-late 2015) and buying BTC on the way down (since the beginning but also incorporating that into my system since mid-to-late 2015), and I proclaim that I am not trading, even though some folks have accused me of trading, and I proclaim that when I sell my BTC on the way up, I sell such a small amount that I have not expectations to buy back (even though frequently I do end up buying some of them back)... Accordingly, I consider my sales on the way up and buys on the way up to have had been a form of BTC portfolio management. ..

Also, it seems to me that it is likely that many of the regular members in these here parts may well recognize my ongoing claims over the years to have had been employing attempts at fairly moderate and systematic means to sell BTC on the way up....so that I am not really selling much of my BTC holdings (and not expecting to buy back and/or not hoping to be able to buy back from my sales), so I still consider myself to be largely erroring on the side of holding BTC over the years..and surely I do way better on the way up, since BTC prices cause the compounding of the value of my holdings like any other bitcoin holder, even though I have some premeditated sales amounts that are triggered mostly by percentage of price moves in either direction rather than my giving any shits about which way the BTC price goes, except that I am way better off if the BTC price is largely gravitating in the upwards direction, which as many of us likely recognize and appreciate to have had been happening at least since 2015 and even before that when I did the overwhelming majority of my BTC accumulation - between late 2013 and mid-to-late 2015.

$5,000,000,000 worth of stablecoins being paid out tomorrow from FTX. That could get interesting.

Sure.  It could have some interesting short-term contribution, since $5 billion is quite a bit of money for anyone who might be interested in buying bitcoin with that... to the extent that they might have had previously owned bitcoin with some or all of those funds..

Many of us learned - quite some time back - that trading bitcoin tends to not work out very well..
That's a good one...I recently saw Adam Back's video where he explained why: if the asset is exponential in value accrual, essentially, than if you trade it, you might not be able to get back (at least to the same extent).

I think this is the correct time of the vid where he says it:
https://youtu.be/o0Qe1CZssek?t=1879

Frequently, I have suggested that selling of bitcoin should not be done until after a person had reached overaccumulation status... except perhaps something like spend and replace, and so my own recommendations has always been that once a person sells any bitcoin, then the amounts of such bitcoin sales should be calculated based on not having any expectations of being able to buy back what had been sold. so in that sense the selling of bitcoin would end up being limited in the sense of ONLY selling within the over accumulated amount and without ever selling so much bitcoin as to put oneself out of overaccumulated status and without any expectation of increasing the BTC stash size from any of the sales of the BTC that might have had happened while the BTC price was on the way up.  

Yeah, the devil is in the details and I am not being very specific in this post, yet even something like selling 10% of the BTC stash every time that the BTC price doubles is sustainable, yet the BTC stash is continuing to go down, but the value is still going up and 40% would still be compounding upon itself as the value goes up.  In my earlier days of selling on the way up, I may have had some times in which I had authorized close to 10% of sales for every doubling on the way up, yet surely in recent times, I am pretty that my sales are way below 5% for every doubling, which I had disclosed at earlier times.... yet even recently I have started to employ both time based and price based withdrawals, so  I consider my amounts to be so small that they are well within sustainable limits.  

At the same time, surely there could be cases in which guys end up overdoing their sales of bitcoin on the way up and/or miscalculate how many bitcoin they want or need as the prices are going up, so even if their bitcoin portfolio value continues to go up, they might come to realize that they sold too many bitcoin too soo, and surely I don't consider myself to even be close to such a status..
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