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

[Richy_T]

Rich Rebuilds built a whole YouTube channel and then a business on that.

Actually on rebuilding the cars not the battery packs.

Well, the first car he rebuilt had been submerged in a hurricane.

Now you mention it, I don't recall if it came with the battery but I think so.

Oh, right there in the first video

https://www.youtube.com/watch?v=nhJkq5Hl96s

[Searing]

How long does it take to switch from the grid to your battery in case of a power outage?
It scares me to think of how HUGE a capacitor to hold that charge temporarily must be, so sure the switching isn't going to be condenser based.

It's intelligent sensing/switching with a switchover time of less than 100ms (or: 4-5 AC sine cycles in my country).
For powered devices but the most sensitive ones this means uninterrupted supply.  

Lol, was wondering what you were saying until I realized you just did the 1/f for him for the T.s. Lol

My brains getting old.

Brains getting old but we're getting more experienced at the same time  
There is a idea of an allegory to Bitcoin mining in my mind right now. Our network keeps getting less braincell supply, but it still adds to the total, and over time a part of it gets lost or burned (using alcoholic beverages, for example), i better leave it now and continue this evening in a more relaxing way than following every fucking idea in my head right now.
So back to topic:
I was just asking myself while writing how many full sine cycles 0.1 secs are and mindlessly added it to my answer. It's not much of real use to anybody, honestly.
Feeling quite hyperactive/excited right now, i think i will give the infamous strain of Northern Lights a chance to calm my mind in a few minutes  

I miss mining bitcoin...messing with the miners, etc...don't miss the noise, though.
Even the third party hosting eventually mostly disappeared as people converted their mining facilities to their own use, I suppose.
Or, maybe, dropped out due to the costs

check out the Proto Miner by block,inc it is open source...no tariffs and IF the govt ever works again a good chance with the crypto bills in play

all taxes on mining will go away. Really. Only the 15% cap gains tax. Thus..if that happens and no Bitmain (current 57.4%) Tariff from China

a LOT of old timers will come back. I mean it would be like 'bigger' then the 'fun' lotto miners you see about now for lo-watt toys. If I can still get equip

depreciation of 25% in 1 year or over 5 years on miners and also other biz deductions and all I have to do is 1) get this Proto miner (probably 2) 2) put it back

in my buddies data hall from 2019 at 'probably' 10c kWh. 3) Add electric...hell I will do this all day long and just think of it is as KwH Mining, as the new norm.

Just add 1) equip 2) electric 3) place to put it 4) HODL till around 2035 as a 'ballpark' figure minimum...hell, I'd play those odds.

But all the above has to happen in my case. It is ONLY worth doing IF they really DO get rid of miner income as such in the USA.

Anyway Proto miner thread just search bitcointalk for 'Proto miner' and/or https://proto.xyz It think it is.

Kinda a long shot....but only hope I've seen on miners I'd get and/or run at this point of my life (toys!)

[Biodom]

How long does it take to switch from the grid to your battery in case of a power outage?
It scares me to think of how HUGE a capacitor to hold that charge temporarily must be, so sure the switching isn't going to be condenser based.

It's intelligent sensing/switching with a switchover time of less than 100ms (or: 4-5 AC sine cycles in my country).
For powered devices but the most sensitive ones this means uninterrupted supply.  

Lol, was wondering what you were saying until I realized you just did the 1/f for him for the T.s. Lol

My brains getting old.

Brains getting old but we're getting more experienced at the same time  
There is a idea of an allegory to Bitcoin mining in my mind right now. Our network keeps getting less braincell supply, but it still adds to the total, and over time a part of it gets lost or burned (using alcoholic beverages, for example), i better leave it now and continue this evening in a more relaxing way than following every fucking idea in my head right now.
So back to topic:
I was just asking myself while writing how many full sine cycles 0.1 secs are and mindlessly added it to my answer. It's not much of real use to anybody, honestly.
Feeling quite hyperactive/excited right now, i think i will give the infamous strain of Northern Lights a chance to calm my mind in a few minutes  

I miss mining bitcoin...messing with the miners, etc...don't miss the noise, though.
Even the third party hosting eventually mostly disappeared as people converted their mining facilities to their own use, I suppose.
Or, maybe, dropped out due to the costs

check out the Proto Miner by block,inc it is open source...no tariffs and IF the govt ever works again a good chance with the crypto bills in play

all taxes on mining will go away. Really. Only the 15% cap gains tax. Thus..if that happens and no Bitmain (current 57.4%) Tariff from China

a LOT of old timers will come back. I mean it would be like 'bigger' then the 'fun' lotto miners you see about now for lo-watt toys. If I can still get equip

depreciation of 25% in 1 year or over 5 years on miners and also other biz deductions and all I have to do is 1) get this Proto miner (probably 2) 2) put it back

in my buddies data hall from 2019 at 'probably' 10c kWh. 3) Add electric...hell I will do this all day long and just think of it is as KwH Mining, as the new norm.

Just add 1) equip 2) electric 3) place to put it 4) HODL till around 2035 as a 'ballpark' figure minimum...hell, I'd play those odds.

But all the above has to happen in my case. It is ONLY worth doing IF they really DO get rid of miner income as such in the USA.

Anyway Proto miner thread just search bitcointalk for 'Proto miner' and/or https://proto.xyz It think it is.

Kinda a long shot....but only hope I've seen on miners I'd get and/or run at this point of my life (toys!)

Cool...thanks!

[Hueristic]

Rich Rebuilds built a whole YouTube channel and then a business on that.

Actually on rebuilding the cars not the battery packs.

Well, the first car he rebuilt had been submerged in a hurricane.

Now you mention it, I don't recall if it came with the battery but I think so.

Oh, right there in the first video

https://www.youtube.com/watch?v=nhJkq5Hl96s

Yeah, I watched him for his first year, glad he made it and I got Luis in touch with him back then when he started the right to repair movement.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

Will always save some whole coins to pass on, actually it is a liability to stay in the game otherwise it will be a massive waste and to witness how Bitcoin unfolds, that also means i will remain an active WO member for a long time to come.

One of my biggest fear is to lose my seeds forcing me getting back to work having a undesirable hardcore ramen life-style for 10 years just to get BTC0.50.

When hodling as long as us or other OG's ... this road should be cleared for sure... Some multiple differents seeds and some cash should take that out of the question.
losing all seeds would massively suck obviously. But we should be protected on all fronts by now imho.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Tuco Benedicto Pacifico]

@OgNasty - It would clearly be bad mistake selling at $140k when 7X that amount ($1 million) is just six or 7 years away in 2031/2032 - unless of course you don't expect to still be around then.  

You must be very young. It's not about still being around. Go through a pair of cycles, add 10 or so to your age, and you might begin to understand some grown up talk.

You must not have seen the posts in which BTCETFInvestor had already told us that he is investing 8 figures, which surely strongly suggests that he is either a grown up or he is a very smart youth..    

Apparently, it is "only" mid six figures...it used to be called a "crab".
https://www.tradingview.com/chart/BTCUSDT.P/XTxYv1rd-What-Kind-of-BTC-Sea-Creature-can-you-be-BTC-Owner/

Alas, since it is through FBTC, it might not qualify.

He's ongoingly talking about the BTC ETFs as if they were the same thing as BTC, and even if it makes sense for him and/or some others to invest into (and fuck around) with BTC ETFs rather than BTC, it is deceptive to talk about such BTC ETFs as if they were the same thing as BTC.

Another thing is that he has been denigrating self-custody, as if self-custody were an inferior practice, which it is not.  Apparently, he has not learned lessons about 2022 - to the extent that he was even out of his grandma's basement way back then, at that time.

Sure there are folks who are not going to hold the underlying asset, just like there are folks who choose to hold paper gold rather than real gold, and surely it is much easier (and sometimes even pays more) to play around with paper gold rather than real gold.

Bitcoin is not the same as gold even though it has similar characteristics. 

I would suggest that self-custody of bitcoin is not as easy as holding bitcoin through an ETF and/or other third party, yet there are several ways that it is easier to hold bitcoin as compared with gold - and surely a lot of the downfall of gold likely related to the difficulties to take custody, as well as other ways that gold is inferior to bitcoin...

So taking custody of bitcoin is a lot of what ends up causing bitcoin to be such a powerful, disruptive and even paradigm shifting technology that likely ONLY achieves is power, disruptiveness and/or paradigm shifting characteristics through taking self-custody and/or threatening to take self-custody. 

The third party "contractual" relations vary, and in some of them it is not even possible to take self-custody.  They can ONLY be sold for cash (or perhaps for some other asset that might be offered by the third party).  There is a contracting away of rights to self-custody, and surel sometimes that contracting away comes from some enticement of yield and/or other conveniences.

In a note sent by Citi to clients today, October 2, 2025, Citi forecasted that Bitcoin will reach $181,000 within 12 months. That's a 50% increase in 12 months!

The bank also set a year-end 2025 price target for Bitcoin at $132,000.
Citi pointed to growing interest from institutional investors and financial advisors as a key driver for Bitcoin.

It looks like Citi is in agreement with many other experts on the price prediction for Bitcoin 12 months from now in October, 2026:

Sure it might seem reasonable to project BTC prices to go up and to the right - but BTC spot prices do not tend work like that - even though so far the 200-WMA has been working like that... so the putting of minimums and maximums hardly makes any sense.. even though surely there could be more bullish and more bearish case scenarios, it does not seem realistic to be describing them as minimum's or maximums, especially when describing BTC spot prices.

I think with the 200-WMA, it makes more sense to describe minimums and maximums, since the 200-WMA does not tend to vary so much and it also tends to trend upward.

Senate hearing on bitcoin, etc, taxation...scroll to what you are interested in:
https://www.youtube.com/watch?v=3Y1zv__mAIU
for example:
https://youtu.be/3Y1zv__mAIU (coincenter policy guy, who makes sense).

I need a tldr for those nanny state bitches as I can't stomach listening to their retarded statements.
Do they think they are going to tax mining pools and Lightning?

I think THEY need to be removed.
Tax Shitcoin Staking and leave POW alone bitches.

In my opinion, we (the people) do not get away without taxes, unless it becomes impossible to tax, so surely the powers that be are going to attempt draconian measures.  Whether they are successful or not it another story, and the extent to which there are casualties is another story.  I would prefer not to be a casualty.

There really is something quite beautiful about seeing Bitcoin at $120,000.

We still have one more big, explosive leg upwards in this bull market too. I’m thinking maybe a slow grind up to $130,000 in the first two weeks of October and then the big push, blow off top to $160,000 or similar in late October to early November.

Indeed. I get excited at $120K, which probably means I am holding too much Bitcoin. I am keeping my eye on the exit though. I do not believe that we are in a supercycle and think that regardless of how high Bitcoin gets, it will be lower than it is now in 18 months. I do think we’ll hit $140K before this run is over and that is the price where I’ll start finding it difficult to hold on for dear life.

I do understand though I will hold on to 75% of current stash.... I already sold some at previous prices that were this high and a little lower... now the max of current stash to sell = 25% but @ prices around 140 and up a bit... if I don't meet targets I have no regret as I did sell already to live my life as i'm used to... I also don't need more to sell or it must go extreme.... though the more I'm selling now would only be to buy back lower as I have no needs IRL which I cannot handle as how it is from now.

Bitcoin is not only an investment or a store of value, it's a lesson in life.
Remember all the highs and lows?
And you, respectively, have witnessed some more than me.
It's also the lessons learned by others' lessons, like mindrust, elwar... (as some brief examples) that, if learned well, gives us confidence, and also experience.
Bitcoin is a just a different pair of shoes, not only in this regard, but also unique and thus unable to compare.
I'm so glad to be able to live in these exciting times. This and keeping out of the "flooded with shit"-zone enables one to live a satisfying life.
(Edited some details and errors)

What is the lesson from Elwar?  I think that he probably lost most if not all of his bitcoin getting involved in the seafarer (seasteader) businesses - even though there were some interesting stories that came out of the situation, to the extent that he was able to make it through his various ordeals.  I have my doubts.  There can frequently be questions regarding whether we want to survive or go down as a martyr (look at his last post(s) from November 2022.

He`s still active on X, under his rl name.
Apparently, he`s running for congress in the upcoming midterms.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

i think i will give the infamous strain of Northern Lights a chance to calm my mind in a few minutes  

EDIT: After a quick look into the treasure chest, i decided to settle with "Bruce Banner" (alias "OG Banner" - how cool is that?!), very high in THC, makes stress go away without feeling to "heavy" or inducing sleepiness. Check!

ok well then guess ill just have to grab some northern lights from me stash and we can compare notes in the morning.

if either of us remember that is.

I have read your posting in the morning.
No notes taken, but experience is showing this elevating, while relaxing strain (BB) must have a high THC/CBD ratio, which i prefer most of the time, but the specific crop wasn't grown optimally. It was harvested before it got really mature, that's why it's still comparably mild. I suggest the light was used for more than one grow before, and i know that the grower is pretty much following the producers advice on flowering times. (EDIT: He's against full spectrum LED, still uses sodium vapor lamps).
One time he made an error and had a batch of Northern Lights in flowering mode a little too long, it was quite brownish but also hit like a bomb. I should try to influence him to extend flowering times a little with every grow. He's quite the all-day-stoner, so he might follow my advice  

[Ivystar5]

@LFC_Bitcoin

The $150k is not longer a much of a target....
Did you make any new discovery while I was away because $125k today seems like $24k apart is too small to be touched.

I’ve been in this game a long time. When people start telling you we are going to 2x or 3x that’s when you know it’s time to sell some.

Nobody thought $69,000 could be the top last cycle, but it was. Moonboys calling for $400,000 a coin this year can have fun being my exit liquidity.

$150,000 to $170,000 is a very realistic top in my opinion. It takes a lot of money to move the market that much even though % wise it’s not what we saw in the peak 2017 bull year and 2013 peak bull year. We don’t get those type of % gains any more.

I actually sold some Friday night @ $121,000 and I will continue to dump some throughout Q4. Next sell hopefully over $130,000.

If it did fly to $200,000 or higher I will just sell more. I can’t lose, my average buy price is ridiculously low. I will of course try to buy back cheap during the next bear market.

One of the major difference between you and me right now is that I have not experienced bull run so this is reason why I look at your analysis most of the time as a guide on what choice to make.

I have some bitcoin not upto 12 months accumulated but I will probably do the rebuying as go into the near market.

I remember when bitcoin crashed down below 100k it was more proof that 150k is reachable right now I probably stick with 150k whatever comes after us just an extra and will sell little to rebuy during bear market
 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LonelyEcho]

I am new to this thread. I was observing how the discussion is going on here with the aim of learning. I saw that sometimes it is serious sometimes it is funny but there is interesting unique information inside all of them.

Everyone seems to be in a good mood. Maybe the market is also smiling that is why everyone is in a good mood. But maybe my time will also be good in the future. Because I have also started investing like you. Since investing, I am noticing what things move the market. Even if there is panic in my mind, I am not worried. Because I will learn and continue investing patiently. Anyway, I want to be in a mood like you. I don't know when that time will come. Anyway, it feels good to join the Wall Observe family.

[vapourminer]

i think i will give the infamous strain of Northern Lights a chance to calm my mind in a few minutes 

EDIT: After a quick look into the treasure chest, i decided to settle with "Bruce Banner" (alias "OG Banner" - how cool is that?!), very high in THC, makes stress go away without feeling to "heavy" or inducing sleepiness. Check!

ok well then guess ill just have to grab some northern lights from me stash and we can compare notes in the morning.

if either of us remember that is.

I have read your posting in the morning.
No notes taken, but experience is showing this elevating, while relaxing strain (BB) must have a high THC/CBD ratio, which i prefer most of the time, but the specific crop wasn't grown optimally. It was harvested before it got really mature, that's why it's still comparably mild. I suggest the light was used for more than one grow before, and i know that the grower is pretty much following the producers advice on flowering times. (EDIT: He's against full spectrum LED, still uses sodium vapor lamps).
One time he made an error and had a batch of Northern Lights in flowering mode a little too long, it was quite brownish but also hit like a bomb. I should try to influence him to extend flowering times a little with every grow. He's quite the all-day-stoner, so he might follow my advice 

haha thats same as the notes that i took (ie: none). woke up in the recliner to my t-shirt soaked in drool.

i do remember listening to Pink Floyds Animals album with headphones. man the head rushes are still as intense as (waaaay) back when my distinctively low-fi system was my introduction to Floyd.

and ive never looked back since. Pity they self destructed

[SPIDERMAN008]

All altcoin holders have sold their coins.
Satoshi has never sold any Bitcoin.

https://x.com/saylordocs/status/1975121258875674644?t=kHIlAXH4COGqR6SlulibSw&s=19

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

Explanation
Chartbuddy thanks talkimg.com

Wow! I've never seen CB going off-the-scale like that.