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

[cAPSLOCK]

Yeah having 1000 btc would call for some diversity in assets.

10=1.1million
100=11 million
1000=110 million


I would want about 5 keys of gold this is about 600,000
I would want around 25 keys of silver this is about 40,000
I would want actual cash euros pounds usd i would want 300000 in each currency
I would want 3 homes one not in the usa 2 in the usa. This would be around 3million

So all of the above would,be around 4 million or 40 coins i would keep the other 960 coins  in multiple wallets

Where is the real estate? One needs things that have cashflow not solely rely on value retentation or appreciation.

If that setup above was true.

I would have 960 coins left. I am 68. No kids  and a very  good wife.

I can simply spend 30 coins a year until I am 100

Or 40 coins a year till I am 92

Or 20 coins a year till I am 114.

That first move of selling those coins and setting up places to live with some hard assets is just that.

BTW cashing 20 coins for 1 years expenses is far move than I would ever need to do.

Good grief. I only wish I could fantasize on the level of some of you whales. 😁

[MrNata]

If I had enough bitcoins, I would probably sell some for gold right now. This seems the best advice. But... What if the logic is wrong? If learned something during all these years is that when the chances for an explosive bull run are almost 0, she surprises everybody. I have the (SOMA) feeling that this is the case, and by the end of the year she will touch 200K. No arguments for that, no logic, nothing. Hence not a financial advice.  

Gold or Bitcoin has been a debate for a long time. When Bitcoin is in a bear market and the price of gold increases relatively a little, many investors think that they should sell all their investments and buy gold, but is this a permanent solution? Bitcoin has reached this price gradually, when Bitcoin was in a bear market for a long time, many people sold Bitcoin, but even at that time, those who were patient and did not sell are now getting a good amount of profit. In this case, we can give an example of 2020, in 2020 we only saw a bear in the Bitcoin market and most experts suspected that the possibility of a bull run in the market was very low, but in the end, to our surprise, the market reached a bull run and got enough wisdom.

Now, if we look at the price of gold, it is increasing every day, so if an investor thinks that he sells Bitcoin and buys gold and after a few days, if Bitcoin goes to 200k or above, then these investors will regret it.

So I think we should keep the remaining amount of money as an investment in Bitcoin, leaving gold for use.

[vapourminer]

"other" 960 coins

pretty heaving lifting for the word "other" lol

[OutOfMemory]

If I had enough bitcoins, I would probably sell some for gold right now. This seems the best advice. But... What if the logic is wrong? If learned something during all these years is that when the chances for an explosive bull run are almost 0, she surprises everybody. I have the (SOMA) feeling that this is the case, and by the end of the year she will touch 200K. No arguments for that, no logic, nothing. Hence not a financial advice.  

Gold or Bitcoin has been a debate for a long time. When Bitcoin is in a bear market and the price of gold increases relatively a little, many investors think that they should sell all their investments and buy gold, but is this a permanent solution? Bitcoin has reached this price gradually, when Bitcoin was in a bear market for a long time, many people sold Bitcoin, but even at that time, those who were patient and did not sell are now getting a good amount of profit. In this case, we can give an example of 2020, in 2020 we only saw a bear in the Bitcoin market and most experts suspected that the possibility of a bull run in the market was very low, but in the end, to our surprise, the market reached a bull run and got enough wisdom.

Now, if we look at the price of gold, it is increasing every day, so if an investor thinks that he sells Bitcoin and buys gold and after a few days, if Bitcoin goes to 200k or above, then these investors will regret it.

So I think we should keep the remaining amount of money as an investment in Bitcoin, leaving gold for use.

Short time, or even impulsive re-balancing never worked out for me with Bitcoin.
I always watched King Daddy going ahead of the other assets, medium and long term.
Once i got this, and it didn't even take a year, i only bought and held Bitcoin, never looked back, no Regrets.

Just my two cents.

[vapourminer]

I would have 960 coins left. I am 68. No kids  and a very  good wife.

I can simply spend 30 coins a year until I am 100

Or 40 coins a year till I am 92

Or 20 coins a year till I am 114.

That first move of selling those coins and setting up places to live with some hard assets is just that.

BTW cashing 20 coins for 1 years expenses is far move than I would ever need to do.

or spend 900 cornz on a medbed now for you and your wife. live forever.

then have 60 cornz left to invest like your favorite bot, JJG, formulas in his various posts. that will last forever laura. matter of fact bet you that JJG will bet you something before long(ish)

maybe?

maybe?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

I actually like JJG proposing bets. It's nice to see some gentleman put corn behind words.

[xhomerx10]

If I had enough bitcoins, I would probably sell some for gold right now. This seems the best advice. But... What if the logic is wrong? If learned something during all these years is that when the chances for an explosive bull run are almost 0, she surprises everybody. I have the (SOMA) feeling that this is the case, and by the end of the year she will touch 200K. No arguments for that, no logic, nothing. Hence not a financial advice.  

 This is not the right time to swap your corn for gold, imo.  Having been previously burned in the last PM rush, I honestly don't think it's a good time to buy gold with fiat either.  I think we're close to peak gold price as they can still mine if they felt the value would be sustained.  Yada yada supply-side fundamentals.

[Franklyn-wood]

Relaxation with a chilled lemon juice while watching the market do her thing

[JimboToronto]

Where is this stand located?

Transfer fees must be worth as much as the maize.

[Gentle_Soul]

in Bitcoin as I currently am. Utterly pathetic 2025 so far.

Your definition of 'bull market" is likely skewed, by your wishes rather than by actual facts on the ground..

I admit my definition of bull market is not that great either, and we are free to come up with whatever definition that we like, including "gut feelings," so I am not going to lambast you about having gut feelings that are different from mine, and I will also admit that I am one of the last folks to admit that we had transitioned into a bear market once the bear market is actually clearly undeniable.... In 2018, I did not admit it until probably around the fall, perhaps even October-ish.  In 2022, I did not admit it until about May when we crossed below the 100-WMA.

To me it seems that as long as we are still more inclined towards up rather than down, then we are in a bull market, which has been the case since November 2022 (even though we did not necessarily know that we were in a bull market until either mid-2023 or alternatively by late 2023 (such as around October-ish).  

So, we have been in a bullmarket, ever since..

Maybe it is not "enough" of a bull market, but it is still a bull market.

We should figure out a bet so that I can make some money off of your whining. (ruinin dee moo). ... hahahahahahaha

We just had a our latest ATH - 8-ish days ago. wasnt' that fun?  $126,272.

Nice, right?

Yeah, right now there appears to be some additional opportunity to shake out a few more weak hands.. Why not?  Bears going to bear as much as they can, until they get reckt...

But yeah, maybe the top is in?  I doubt it, but there has to be some kind of an agreeable bet in there.

A sustained market is that which has been on a rise over a period of time without depreciatiing financial growth market indicates where there is a continuous rise in the in assets over a period of time and that to me is exactly what a bull market is this has boast the confidence of certain investors. We being in a bull market with Bitcoin I do not tend to have a basis to have a counter opinion on that but however if we must invest following the trend of the market then we have to consciously do that.
 No doubt in your analysis from 2023 about we being in a bullish market and that's following the consistency of it which clearly explains what a bull market is.

Having a consistent bull market has a way of making one want to invest and invest for a longer period at that makes you Want to stick to your investment and the possible plans you have put in place for your investment probably because of the confidence you have owning to the fact that you dealing with a bullish market.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

We need a new poll. Is the bull over? yes/no

can we have something more cheerful as a poll? like "will the sun go supernova tomorrow" or something?

right...we don't know how long this "simulation" lasts.

[Findingnemo]

Transfer fees must be worth as much as the maize.

Best guess, they use an exchange that allows users to send and receive cryptos for free within the platform, it was available in Coinbase when I used but not sure if it is still available.

Other option is LN but I don't think they are into it.

And I read decentralization, but really? When they are using exchange as a wallet...

[xhomerx10]

Where is this stand located?

Transfer fees must be worth as much as the maize.

 Plot twist!  It's a money-laundering operation for stolen corn and charcoal - capital costs are negligible.

edit: lol
https://www.youtube.com/watch?v=qWQfsx9Fj3A

[Biodom]

They might bring it down to achieve a double bottom at, hopefully, higher than $102K (higher low).
A weak sauce bounce so far, anyway.

People throw around numbers that are either too low, if the bull market continues, or too high if it would not.
If Oct10 was just a bull market reset, then we would need to go much higher (at least 50% higher to 150-155K or even higher from the lows) and if it was a start of the bear, then it is unlikely to go up much more above 126K, or maybe 130K max.

In effect, anyone who mentions 130K actually thinks that the bull market is essentially over.
A small overshoot often happens-like in Nov 2021 when the stronger top was in April at, maybe, 3-4K lower and at 68.9K, the bull was exhausted and the peak lasted a very short time.

We haven’t really even had a bull market. We can’t even double the previous cycle top from four years ago.

2025 yearly open was 94k. We’re at 112k and looks like we’re going lower. Would be quite something to end the year below its open.

This is not a bull market.

We all accept that Bitcoin can perform badly in a bear market. It’s been a great opportunity for lots of us to make serious money over the years but I don’t think I’ve ever been as disappointed in Bitcoin as I currently am. Utterly pathetic 2025 so far.

I thought 150k was close to guaranteed but it looks miles off right now.

I hear you in some respects, but why should we count from Jan 1, 2025?
For mark to market or tax purposes? This "bull" started in Nov-Dec 2022.
It is a strange market...maybe it should be called a "currently subdued bull"?

Over the years , I have seen many situations where Mr Market was "faking" bear action in some stocks while true whales were loading on the cheap.
Examples: NFLX in 2012 (drop from $39 to $9-minus 77%, Icahn was buying in bulk), now NFLX is at $1215; NFLX again in 2022 ($691 to $166-minus 76%, not sure who loaded up); META-380 to 89 in 2021, minus 76.6%, now $712; LLY-flat between 1997 and 2012, then from $31 to $813 on Mounjaro (similar to Ozempic) with 10X move between 2018 and 2024. All and all, accumulators seem to "like" down 76-77% moves and bitcoin also obliged for an exact same number in 2021-2022.

The point is that you wouldn't know what to expect. Currently, it seems that SBR "wants" to load on the cheap and China via Binance "wants" to suppress bitcoin in lieu of promoting gold. Bessent is a "player"...he would let it play for a while and then: Wham...selling a tiny bit of gold and buying bitcoin...gold would be cut in half, maybe, and bitcoin would add 50-100K. This is my view, not a real prediction.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

Selling Bitcoin for gold ore other precious metals is pure blasphemy, commited atrocities of treason.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Transfer fees must be worth as much as the maize.

Best guess, they use an exchange that allows users to send and receive cryptos for free within the platform, it was available in Coinbase when I used but not sure if it is still available.

Other option is LN but I don't think they are into it.

And I read decentralization, but really? When they are using exchange as a wallet...

There’s literally a lightning symbol on the sign so I’m guessing that’s what they’re using to process orders. That makes me think this is more about a photo op than anything else (maybe look into who funded this) as I’ve heard that the only thing they’re using in these countries is stablecoins, mostly on the Tron network.