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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 26907669 times)
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October 17, 2025, 11:01:13 PM


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October 17, 2025, 11:11:22 PM

i suggest retail is buying paper on robinhood, tradingfuckery, or whatever they are called, doesn't matter.
Robinhood is now also called Bitstamp of course
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October 17, 2025, 11:21:55 PM


here is hoping some dip was purchased  today.

I got some.
This troll is muted

I doubt that the panic is as great as you are making it out to be.. .It seems that we always have panicking and whining, and almost every time, the whiners and/or panic-ers are proclaiming that this is the worst time ever blah blah blah.. which surely comes off as a bit lacking in facts... so it seems that there always is going to be some level of outburst while we are correcting... and/or even if we might end up transitioning into a bear market..

It is true that sometimes the bear market starts, and then many of us (including yours truly) do not recognize and/or appreciate that we are actually in a bear market until it is a bit too late to do anything about it.. so in that regard, there may well be some truth to the expression that the one who panics first is in a better position than the one who panics at a later point in time.. .n other words, sometimes the early panic-ers end up being correct in their panic thoughts/actions.

While LFC (afair) timed the top pretty well in 2021.
However, there's two types of panic: mindrust-panic and blow off-panic.
But on the other hand, mindrust marked the bottom pretty well, while LFC marked the last cycle top also pretty well. (in case i really remember that correctly).
Some might say mindrust panic isn't particularly useful (at least to mindrust's lil selfie) but one can consider marking the bottom as some type of success, too.


Re tops and bottoms...That a-hole OG (or his estate) who sold 80K btc for $9 bil certainly hastened the dip (or prevented a higher top).
Venting...why sell all $9bil?...like $1 bil would not be enough to sell in one go?
Most likely, just estate lawyers were doing this.

One additional observation: long lines to buy physical gold at ABC bullion in Sydney (you might have seen the pics):
https://finance.yahoo.com/news/people-lining-buy-gold-bitcoin-152840720.html

If I have ever seen the upcoming top (in gold)...this is it.
It would be interesting to see what the top number will be, but time-wise, it would happen soon (a few months max).
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October 18, 2025, 03:05:51 AM
Merited by xhomerx10 (1)

$ell.
BTCuy.
 Wink

No true bitcoiner would sell before buying, so I have my eyes on you, yslyv.

[edited out]
I prefer dca and hodl along with buy the dip and hodl.

Look deep, deep within on the inside, philipma1957.  

Are you sure that those are your actual in-practice preferences? rather than short-term stated preferences?

I'm almost panicking is the how it's going to end? WTF

It's my turn to witness a full bull run the bull is running backwards
Worst take ever. Or worst joke ever. You are aware this is the worst period to sell your coins? Or are you just being ignorant?
In as much as I'm leaning on Bitcoin going bearish, I wont forget what happened in  late 2020 and again around mid-2023.
In 2020 it went from $10k to over $40k and in mid-2023 it bounced back from $25k to $45k after everyone made their conclusion by turning bearish.
Might be ya first cycle to experience bull run but it wont be ya last.  Huh
Aye hodl the line, as we have done since forever! HHHHHHHHOOOOODDDDLLLLLL!!!!!

This is the time to be contrarian, feeling rebellious lfg!

You ONLY HODL if you have enough (or more than enough) or you have run out of money to buy.  

Otherwise, it seems to me that you BUYDL.

The reason I want to solve this problem is the hurdle rate of almost any sort of loan is easily overcome by the BTC CAGR.  Of course considering it keeps going etc etc...

Combine this with the ability to buy puts against IBIT, say... make the opportunity very appealing.
Also food for thought: consider that utilizing ANY fiat<->coin financial services creates unique markers for future confiscation, repression, imprisonment (or lauding?!) by relevant authorities for whatever reasoning (guilty before proven innocent/CAF), associated or unrelated mafiosos, or local barnyard flavored bandits- even if you "sold it all" whereas paper or derivatives activites do not. Moreover, coins fully untainted by serf identity controls are treated with even greater scrutiny by fiat finance, and are both more valuable and ripe for seizure. Ain't nobody showing up to steal your house deed simply cuz you lived there 20 years. It sounds crazy for polite first world-dom, but one need look no further than property rights re-norming, most recently ca1933 yadayada

You (asUHWEceyc) might need to explain a wee bit MOAR better what you mean by ca1933.  

At the same time, so far in bitcoin's history, the 200-WMA continues to move up, and historically, whenever we ended up hitting the 200-WMA with the price, it tended to be 6 months or longer after the ATH, and those ATH's had tended to be several multiples higher than the 200-WMA by the time that the ATH was in, so in 2017 the high spot price was around 14x higher than the 200-WMA and in late 2021, the high was around 4x higher than the 200-WMA (the early 2021 price was around 4.5x higher than the 200-WMA).

Another thing is that the BTC price did not tend to go below the 200-WMA, except for flash crash situations,  except for the period between June 2022 until October 2023, in which we spent a lot of time below the 200-WMA while the 200-WMA moved from $22k at the beginning of that 16 month period and ended slightly higher than $27k at the end of that 16 month period, and of course the worst of the BTC prices ended up being right around 35% lower than the 200-WMA in November 2022.

This cycle, so far, we have not had BTC prices that have gotten much higher than 2.5x higher than the 200-WMA... so the top has not been so extreme to justify as great of a correction, even though surely shenanigans can happen, so I am not ruling out great levels of correction, even though it seems a bit improbable to be expecting those levels of correction - especially guys selling and expecting to be able to buy back at those kinds of low prices.

It is probably healthy for you to not let your expectations get to high, but you still have to calculate that the 200-WMA is a moving target, and in order to have 20% below the 200-WMA to equal $43k-ish, you have to go with today's 200-WMA, and do you really think that the odds are very good that the BTC price would go shooting straight down within a very short period of time in order to make that 20% below the 200-WMA as feasible?  You are describing a quite outrageous scenario, even though surely I still have buy orders down to about $32k. .so yeah, maybe yu could refer to me as a bit overprotective, too.. I just hate running out of money when the price goes shooting down

I might even be willing to give you odds on anything below $53k... even though my current outstanding proposal for a 50/50 bet is that the price is never going below $80k, and I would probably like consession that I had won the bet if the BTC price goes above $300k before the end of 2027. .
Still not betting but yes o consider the 200wma as a moving target to the upside, I’m not as good at trying to guess the future wma prices but atm seems to be going up about 250/month so I think -20% is a catch all to that as well a bit of when we did dip under it for periods of time.

Of course, you probably have seen my latest  fuck you status chart that attempts to project the 200-WMA into the future, and surely my end of November 2025 projection of $68,999 seems quite unlikely to be even close to reachable since we ONLY have around 44 days remaining, and the 200-WMA has ONLY been going up slightly less than $50 per day, and I had anticipated slightly higher prices.. so instead of $250 per month (as you mentioned), the 200 WMA is going up more in the ballpark of $2,500 per month, more or less...so even if we were to get slightly more than $50 per day for the remainder of the 44 days of the period for my chart, that will ONLY put us around $56,200 at or around the end of November...

Nonetheless, even though the slope of the 200WMA curve might be becoming less steep, yet it still seems to be a decently strong way to project value, since it is a delayed indicator that largely would allow for accounting for potential downward moves in the bitcoin price that would justify making adjustments to the withdrawal rate based on witnessing BTC prices going below the 200-WMA, if that might be a sign to reduce withdrawing bitcoin during those kinds of periods and/or perhaps to HODL or to even buy bitcoin during those kinds of periods, to the extent that we might not lose faith in bitcoin or consider that bitcoin is dying as an investment asset, which in those cases, we should hopefully have some diversification into some other areas that might be able to hold and/or to grow value, to the extent that any alternative assets might exist under that kind of a scenario.

Anyhow, even if you are considering 20% below the current 200-WMA as your current (oh shit!!!) target, you still need to have some kind of an expectation that the 200-WMA curve is ongoingly growing and it is quite likely going to grow way more than $250 per month, perhaps worser case scenarios would be something like $1k per month.  Perhaps? perhaps?

If I consider figuring the bottom this is definitely one area I’m more bearish. I’m still a firm believer we are still in a 4yr cycle, I als don’t think we have made the Ath yet for this cycle so am expecting the 200wma to increase at a faster rate.

For me, I have a lot of difficulties anticipating some kind of a correction that is greater than 50%, especially during the bull portion of the cycle in the event that there has not been any kind of a grand exponential rise, even using LFC's representations of less than a 2x from top to top... so it becomes difficult to see that we have been going through any kind of outrageous UP that would justify some kind of a meaningful correction that accounts for the overexuberance in UP that we have not really been having, and even if we might say that we had a bit of an overexuberance in our experiencing an ATH before the 2024 halvening, that seems to have already worked itself out with our largely staying stagnant between March-ish of 2024 until more or less the November 2024 trumpening pumpening.. which also ONLY got us around 60% (best case scenario) in the first leg before experiencing a correction that nearly took away all of that price appreciation before our resuming UPPity around May 2025.

You can look at historical 200-WMA price appreciations, and even in the lowest part of the November 2022 dip, mostly the 200-WMA was still going up around $10 a day (you can look for yourself by inputing various dates and comparing one day to the next), and so yeah, in terms of dollar terms the 200-WMA will likely continue to increase in the amount it goes up per day, even though as a percentage it is likely ongoingly going down in its appreciation rate to perhaps reach something in the ballpark of 2% to 6% per year.. or who knows, since those kinds of diminished levels are likely quite a while into the future.

You are right tho I might being too pessimistic but hopefully Btc surprises me!

Similar to you, I think it is better to try to be (project) somewhat conservative(ly) in order to be surprised to the upside rather than being surprised to the downside...and yeah, also hopefully whatever systems that we have in place for our own management and/or liquidation (sustainably withdrawing?) of our BTC holdings will also attempt to account for various downside BTC price scenarios that are quite a bit below our base case.

Gold down
Silver down
BTC down

could this mean USD is up?

Hahahaha, philip... It is an illusion.

Don't get distracted by your short-term (smarter than everyone else) perceptions of valuations, even if technically, you are correct?

how can this be?

In the short-term, all kinds of deceptive shit happens, which is part of the reason to both zoom out and to try to have at least a 4-year time horizon for any new coins that you buy.. even though you likely have difficulties (challenges) thinking beyond one calendar year.


Is orange man making a stronger dollar?

Not intentionally.  or least, there is a kind of dynamic that is the dollar milk-shake theory in which all of the value from the various fiats are likely flowing into the dollar no matter what that orange-headed twat does, so in that sense, he can do almost anything and the dollar is still the healthiest looking horse in the glue-factory.. while at the same time, the ultimate final boss is bitcoin, so even if value flows into the dollar, the dollar is still debasing while bitcoin is holding its own in terms of the ability to buy goods and/or services and/or other ways that we might choose to spend or to hold our coins.

Will the fed up rates by .5 next week?
 
instead of expected cut of .25?

That does not seem logical.  The more logical outcome seems that they would either do what the market expects or perhaps just hold off (or refuse) to do an additional cut, and just hold the rates flat.

Holy moly what to do what is the solution.

Hodl is the answer.

Sure.. HODL... and/or buy more for those who have not yet reached actual overaccumulation status without making mistakes in regard to their assessment of such overaccumulation status.

It does not seem to be any kind of a major dilemma.. or at least, it should be any kind of a major dilemma.  We have had a max correction of about 18% so far (with the current $103,530 low), and right now, as I type this post, we are bouncing around $106,760, which would be about 15.5% from the top... Sure it might not be the greatest bottom, yet anyone who has assessed themselves as not having enough bitcoin, it may well be a good idea to continue to buy, to the extent that they have not run out of money to continue to buy.

better yet dca some coin and buy some dip and hodl both

Fair enough, even though surely guys who have been DCAing might ONLY have so much money in their budget in terms of how much pay and/or discretionary income that they might have, and/or they might also ONLY have so much extra funds for buying dips. which tends to not really be any kind of a major problem for newbies, since it can take one or two or even more than two cycles to really build up a bitcoin holdings for most people who are not really in positions to front load their bitcoin investment and/or to draw from other places to put that value into bitcoin.

.
this is not advice but it is what I am doing.

also look at this below

Quote
https://newhedge.io/bitcoin/difficulty-estimator
Latest Block:   919535  (12 minutes ago)

Current Pace:   111.5050%  (240 / 215.24 expected, 24.76 ahead)

Previous Difficulty:   150839487445890.5                            
Current Difficulty:   146716052770107.5                            
Next Difficulty:   between 150789396373281 and 166843622468364
Next Difficulty Change:   between +2.7763% and +13.7187%
Previous Retarget:   Yesterday at 1:23 AM  (-2.7337%)
Next Retarget (earliest):   October 28, 2025 at 2:43 PM  (in 11d 1h 27m 32s)
Next Retarget (latest):   October 29, 2025 at 5:38 PM  (in 12d 4h 21m 51s)
Projected Epoch Length:   between 12d 13h 19m 54s and 13d 16h 14m 13s

You should already know that it is problematic to draw too many inferences from those kinds of numbers when we are ONLY 1 day-ish after the previous difficulty adjustment... but sure, your points of ongoing hashrate being directed at bitcoin mining remains a bit of a bullish sign, even though you likely recall that I am not much of a fan of any theory suggesting that hashrate leads the BTC price.

.....but I'm not an economist like ole Jerome.  If I were, I would have recommended a rate cut all the way back to the 3.5% neutral level a loooong time ago.

That's why we have Jerome doing the job rather than uie-pooie.  Wink

No homo.

Stay in your lane.  Your specialties seem to be hats and sure, other various random quasi-useful things like sampling the best places to buy coffee or prognosticating if there are going to be ions (vibrations) in the air or not and/or perhaps identifying various grammar mistakes in these here parts and various other quasi-random thingies.. besides just HODLing dee cornz like a pro.



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October 18, 2025, 03:37:37 AM
Merited by JayJuanGee (1)

Though it might be in a couple of days, weeks, months…

Nonetheless #hodl
#HODL is a right term for recommendation to newbie investors but they might ask how long is the minimum #HODL time?

This HODL camp map with a HODL line is a good referecing information for newbie investors, to know the mimimum hodl time from which they can make their HOLD plan.

The map and the HOLD line recommends about 5 years of hodling.
https://hodl.camp/
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October 18, 2025, 04:42:18 AM
Merited by OutOfMemory (1)

There are fake golds in circulation, but I’ve never heard of anyone getting fake BTC in their wallet Smiley.. unless it never arrived in their wallet .
Fake Bitcoin is very common. Many exchanges now have about 5 different withdrawal-options when you click "Bitcoin", and only one of them is real Bitcoin. Many people fall for that.
This is not the correct comparison. Wrapped Bitcoin are not fake Bitcoin as long as they are backed by locked in Bitcoin and always redeemable.
"Wrapped" Bitcoin is to Bitcoin what paper gold is to gold: controlled by someone else, and you can't even check if it exists. And if you lose the keys, the creator of those "wrapped" coins gets richer instead of this:
Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.
Exactly! That’s the harsh truth many still overlook. Wrapped Bitcoin might sound like innovation, but in reality, it’s just rehypothecation in crypto clothing. You’re basically handing your BTC to a custodian and getting a “receipt” token back, one that only holds value as long as that custodian stays honest, solvent, and operational. Bitcoin was meant to free us from that kind of system. It was built so that you become your own bank, not so that we recreate banks with fancy smart contracts. It’s funny when people say, “WBTC brings Bitcoin to DeFi,” but what it really does is bring trust-based risk back to Bitcoin. You can’t audit their reserves directly, and if that middleman ever fails, it’s not “decentralized finance” anymore, it’s just “decentralized dependency.” Sure, it might serve some short-term purposes like liquidity and bridging between ecosystems, but let’s be honest, when you wrap your Bitcoin, you’re wrapping it in risk. So yeah, the comparison stands strong, "Wrapped Bitcoin is to Bitcoin what paper gold is to gold",  a representation, not the real deal and at the end of the day, the same old rule applies, "Not your keys, not your Coins, Not your Bitcoin, not your freedom".
Coming from a newbie forum account, that is quite an impressive description of the kind of smoke and mirror deception that is taking place in regards to some of these various layered products that may well be built upon questionably collateralized shitcoins and that paperize bitcoin in the guise of supposedly adding value, when more likely the addition of value is deceptive and perhaps even ways to part normies (or whoever uses that crap) from their bitcoin.. and sometimes normies do not even realize the various deceptive ways that affinity scams upon bitcoin are taking place (or having the potential to take place).

Did you write that or did you get assistance and/or extrapolate it from some other write-up.  Some of us, including yours truly, are skeptical of the authenticity and whether newer accounts are actually people rather than machines. Once we get to know you, we might become a bit less skeptical.. perhaps?
Haha 😄 nah, I’m definitely not a machine, if I was, I’d probably be mining blocks instead of typing replies. I’ve actually been involved with Bitcoin since 2017  though cannot be compared to some of you, I've been through the wild dips, the moon talks, and all the “this time it’s dead” headlines. I’m just new to this particular forum, that’s why my account still looks fresh. I just enjoy learning, sharing, and soaking up knowledge wherever I can find it. Guess that’s why it’s easy for me to vibe and communicate here, when you’ve been around Bitcoin long enough, you learn to speak the language of both hodlers and skeptics 😂. I still remain my humble self faazs am glad and happy to learn from you guys while still trying my best to contribute positively to the community, sir.

Good to know that you have some bitcoin-related experiences prior to your forum registration date, and yeah I look forward to seeing some of your perspectives, and yeah, it can take a bit of time to get to know some aspects of how guys might contribute to differing angles of our discussion, whether we agree or not.. no problem, either way, as long as you are not overly distracted into pumping shitcoins, which surely most guys participating in this thread do not engage in too much shitcoin pumping attempts, except for some of the latest persistence about gold supposedly having some relevancy.... even though sometimes it can be disputable the extent to which some talk about shitcoins might be reasonably weaved into various parts of our meandering conversations....

I admire JayJuanGee dedication and his tenacious undertaking having so much free time making large post day-in-day-out for years.

This guy deserves a forum award.
He is a bot... And we did give him his own day for a hot minute!!! The crazy part is we all used to yell at his creative explanations. Now we award him...He made it through to the other side!!!
K

There can surely be periods of historical battles that have mostly settled, even though every once in a while some of them will come up and even regarding my various attempts to address topics, sometimes, I consider that I should just leave some of the sleeping dogs lie.

What a dilemma!!!!

There are fake golds in circulation, but I’ve never heard of anyone getting fake BTC in their wallet Smiley.. unless it never arrived in their wallet .
Fake Bitcoin is very common. Many exchanges now have about 5 different withdrawal-options when you click "Bitcoin", and only one of them is real Bitcoin. Many people fall for that.
This is not the correct comparison. Wrapped Bitcoin are not fake Bitcoin as long as they are backed by locked in Bitcoin and always redeemable.
"Wrapped" Bitcoin is to Bitcoin what paper gold is to gold: controlled by someone else, and you can't even check if it exists. And if you lose the keys, the creator of those "wrapped" coins gets richer instead of this:
Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.
Sounds good, except that I am pretty sure you can verify it but you have to trust BitGo that they do own it. Here is a list of addresses. https://wbtc.network/transparency. I don't think there is a decentralized way of proving this. Or do we consider BitGo now an untrustworthy company? For a wrapped thing it is as good as we're going to get. You or we may not like those products but they have their reasons for existing otherwise why would people put 100k BTC into this? The world works with custodians whether we like it or not. Most of the ETFs are not much better either perhaps with some more regulation but that doesn't guarantee anything. You can't convince a man of not your keys not your Bitcoin if he doesn't understand its benefit, it is not possible. Don't confuse me, I don't prefer wBTC I am just saying that it is not as bad as it seems for what it is. Many of these things don't have any transparency at all.

Anyway it is because of this that I don't think the original comparison is accurate.

You claim to not be in favor of wrapped BTC, while at the same time spending quite a lot of time trying to proclaim that they are just a part of what we need to accept.

Sure, various shitty things happen in regards to bitcoin, yet I doubt any of us need to argue in favor of them.

Exactly! That’s the harsh truth many still overlook. Wrapped Bitcoin might sound like innovation, but in reality, it’s just rehypothecation in crypto clothing. You’re basically handing your BTC to a custodian and getting a “receipt” token back, one that only holds value as long as that custodian stays honest, solvent, and operational. Bitcoin was meant to free us from that kind of system. It was built so that you become your own bank, not so that we recreate banks with fancy smart contracts. It’s funny when people say, “WBTC brings Bitcoin to DeFi,” but what it really does is bring trust-based risk back to Bitcoin. You can’t audit their reserves directly, and if that middleman ever fails, it’s not “decentralized finance” anymore, it’s just “decentralized dependency.” Sure, it might serve some short-term purposes like liquidity and bridging between ecosystems, but let’s be honest, when you wrap your Bitcoin, you’re wrapping it in risk. So yeah, the comparison stands strong, "Wrapped Bitcoin is to Bitcoin what paper gold is to gold",  a representation, not the real deal and at the end of the day, the same old rule applies, "Not your keys, not your Coins, Not your Bitcoin, not your freedom".
That sounds good theoretically, but most of the corporate treasuries are held this way. Why jump on WBTC as wrong? Did you write to Saylor that he should take control of his keys?  Grin

Saylor is a bit of a dumb-ass in regards to his proclamations that custodial solutions are a good thing for either himself (his company) or even his various attempts to normalize those aspects of the way bitcoin is being held and/or sold - and so even Saylor likely realizes (since he is not a dummy) that bitcoin's power comes from its ability to be self-custodied (or threatened to be self-custodied), even if not everyone does it, and I think that I had heard Saylor acknowledge those points in the past, even though he has evolved into even less radical talking points in recent years as compared with some of his earlier years proselytizing bitcoin.

Most of my reason for writing my post was to respond to your previous post in which you seemed to have been proclaiming that some people do not deserve to whine about bitcoin core or various aspects of bitcoin's code on the basis that they did not know enough, and I was proclaiming that anyone can participate, so you seem to be backing off of your earlier claim(s).
My apologies for the confusion then on my end. I don't think that anyone should participate, maybe that is the point that I am trying to make. They most certainly can, but they should not.

You think that there needs to be some kind of a litmus test in order for guys to express their opinions about bitcoin code? and/or governance? whether they know anything about these topics or not?

A lot of people give opinions on technical matters but they are very wrong

Nothing wrong with calling them out for their dumbness, no?  I know that historically, I have chimed in on a good number of topics that were beyond my competence.

and because of that they are using up valuable time from the Core contributors.

That is the nature of open source, and also the nature of free speech and various kinds of public participation matters that can frequently involve differences of opinion and even chaos.

This is not good. If you want to participate honestly, you should spend at least several months or even years only reading before you give any opinion on anything.

I doubt that you know everything in regards to various topics in which you choose to participate.

This modern world is strange. Not that long ago people would not share their false knowledge, they would wait until they became masters of a trade before they would try to educate someone else.

Historically, the internet did not exist in all parts of the world, so there seems to be ongoing adaptation to the role of communication and information in this new world, and surely bitcoin is value attached to information, which is also both a threat and empowering at the same time in regards to its paradigm changing nature, and we don't even know the ramifications of how bitcoin is going to play out.... so who is going to administer this litmus test that you would like to have activated?

I don't know what is being assumed beyond bitcoin is not going to go up and/or bitcoin is going to go down.. and/or the bull market is over..
And the only reason they think that is because we had a small crash from the ATH. Nothing else! It is crazy.

Part of price discovery involves people having differing opinions about the price and the fair market value of bitcoin.  it gets worked out in the market to the extent that bitcoin might be a bit more of a free market as compared with some other assets that might be more controlled.

You can manipulate the opinions of most people so easily if you are part of powers that be.

Manipulating information and/or opinions likely back-fires sometimes, too.

Many people are already panicking while I am yawning at this. Does nobody remember previous cycles anymore?

Perhaps I need a nap..

It still seems to me that ONLY around 1% of the world's population has any meaningful exposure to bitcoin, even though there seems to be some attempts to load up by some new entrants to bitcoin, and even attempts to get older HODLers to sell their coins.  I don't claim to know the extent to which some of the manipulation is going to be successful and/or the extent to which fake coins are being used and/or the extent to which some manipulators might get bailed out in the event that they fuck up in their manipulation attempts.

Many of us likely realize that if we are older to bitcoin, we have to be careful in not selling too many of our coins too soon, and those of us who are newer to bitcoin, likely need to realize that it is in their own best interest to figure out ways to accumulate bitcoin until they reach a point of having enough or more than enough.  It tends to take a long time to build up a reasonably sized bitcoin stash.

I admire JayJuanGee dedication and his tenacious undertaking having so much free time making large post day-in-day-out for years.

This guy deserves a forum award.
He is a bot... And we did give him his own day for a hot minute!!! The crazy part is we all used to yell at his creative explanations. Now we award him...He made it through to the other side!!!
K
Maybe, though...
What if JJG is the world's only truly working AI (in contrast to the machine based learning models that were hyped as "AI" for the last few years)?
From what i know about real AI, if the solution to all human problems is not the end of mankind, as it would likely propagate for, but instead lies in the controlled accumulation of the only true scarce asset in the observable universe, he should be awarded not only a forum award, but also a nobel award of economics.
 Shocked

JJG thursdays
once occurred regularly
but then they vanished


#JJGThaiku

EDIT: Or was it tuesday? Sorry if i mixed that up  Roll Eyes

It tends to not be easy performening as a bot.  My handler frequently lectures me in respects to the various ways that I could (and should) strive to write more better.. just like Boxer.. I will try harder to appear to be more human-like.
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October 18, 2025, 05:00:14 AM

Though it might be in a couple of days, weeks, months…

Nonetheless #hodl
#HODL is a right term for recommendation to newbie investors but they might ask how long is the minimum #HODL time?

This HODL camp map with a HODL line is a good referecing information for newbie investors, to know the mimimum hodl time from which they can make their HOLD plan.

The map and the HOLD line recommends about 5 years of hodling.
https://hodl.camp/

Btc is perfect at a 10 year hodl.

Pick any day go forward 10,years and In every case it has whaled.
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October 18, 2025, 05:24:15 AM
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i suggest retail is buying paper on robinhood, tradingfuckery, or whatever they are called, doesn't matter.
Robinhood is now also called Bitstamp of course

That's because we are not allowed nice things.
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October 18, 2025, 06:01:16 AM


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October 18, 2025, 06:40:55 AM

Hey JJG, I am out with friends. Will respond properly to your long post here tomorrow OK.
Sure.  No problem.. and no rush..
If only all forum members could be so understanding and kind

You might be correct.  I could have had thrown out a few extra insults to motivate LFC (to egg him on) to want to bet with me even more before he changes his mind.. .not that I even want to bet, but it seems to me that LFC is getting a wee bit extreme and he is going to need to pay for his having had been

wwwwrrrroooonnnnggg..

 Cheesy Cheesy Cheesy Cheesy Cheesy

Even though yogi bera or someone said that it ain't over until it is over.

Or maybe it was Lenny Kravitz?. . whatever.

well, some were actually being brainwashed into believing they are holding an alternate equivalent to btc or cheaper BTC.. Once i’m not  directly incharge of my BTC then it isn’t mine..
Sure, but we can't make general statements about these products like that. If one is trying to be transparent and has a custodian you can't treat it as a random and no name wrap service. In the case of wBTC it does not advertise as anything other than an entry to DeFi on other chains I think, which is what it is. If we treat them all equally then we risk pushing people into even worse alternatives that will get them scammed for sure. We'd only be doing more harm, not helping at all..
For a wrapped thing it is as good as we're going to get. You or we may not like those products but they have their reasons for existing otherwise why would people put 100k BTC into this?
Why would anyone prefers a tokenized version of BTC over the real BTC if not brainwashed..
Rich people have many more options for their BTC than the average person. Can you put BTC as collateral in favorable conditions like Saylor can? No..Can you get any yield other than giving it directly to companies like Celsius? There are some people that want to have access and use these things. Yelling at them won't change anything about it. If we want to change something about it we can merely try to provide better options. However, given how BTC is I don't think we will see much better solutions to this anytime soon. I am not saying that people should use this, I have never had any kind of wrapped BTC and won't but we need not be mean to all these people.

Of course, folks can do whatever they like, even dumb shit.  I don't see any problem being mean to them and/or attempting to shame them for their dumbness rather than sympathizing with the lost twats.

It is important to remember that generally you can't change masses of people.

You can comment upon what you perceive to be better and what you perceive to be worse.

You can change individuals but it often requires a lot of effort. If there is a demand for some thing even if it is wrong, someone will supply it somehow.

Some will learn from their own getting burnt, and some will learn because they recognize that they should not involve themselves with largely affinity scams that try to present themselves as if they were better than holding actual BTC... .

No need to orchestrate these users, we should help them navigating the fields.

You mean ostracize? Yes.  We help them by referring to them as retarded, gullible and various other denigrations.

You can make a rank of holding tiers and stuff like that, even if some comparisons would be hard. How exactly would you rank a Blackrock ETF compared to a Blackrock wBTC? Which one would be worse than the other and why?

Let's get into arguing which shitcoin is more shitty.  That sounds like a good use of our thread energies.


NOT.

Rank 1: Bitcoin in your own wallet - by far the best.
Rank 2: Something else..

Something in this direction.

I am not going to argue that guys have to hold 100% of their coins.. even though it is probably better for them and also for bitcoin infrastructure that we attempt to hold a decent quantity of our coins, yet maybe not for a beginner, and there might be other reasons not to do it, since self custody can be difficult, even though it is a lot of what actually brings power and value to bitcoin... so there should be some value in promoting the idea and practice of self-custody and even practicing direct transactions with others for goods and services.. .and/or other reasons.

I admire JayJuanGee dedication and his tenacious undertaking having so much free time making large post day-in-day-out for years.

This guy deserves a forum award.
He is a bot... And we did give him his own day for a hot minute!!! The crazy part is we all used to yell at his creative explanations. Now we award him...He made it through to the other side!!!
K
is he really a bot. I do suspect he is using an ai of sorts but that there is a person in that ai not just ai

hahahaha..

First time that you seriously proclaimed this human and a bot idea.  I am not going to admit nor deny... even though I will admit that sometimes I will do an internet search when I am not sure about something that I was going to post about. .or some kind of an idea comes to me, but I don't know how to flesh it out or I am not sure about the proper (or technically or "academically" correct way of expressing the idea).

Maybe you are mad at me about something?   Tongue
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October 18, 2025, 07:01:13 AM


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October 18, 2025, 08:01:31 AM
Merited by JayJuanGee (2), vapourminer (1), philipma1957 (1), Biodom (1), d_eddie (1), OutOfMemory (1), bitserve (1)

@JJG -

gm to our resident sentiment interrogator Cheesy

OK, I did the math and I sold 4.70% at $121,200 to be precise. That wasn’t a panic sell, I planned to sell some around $125,000 but had a conversation with El Duderino_ one evening and he had recently sold some so I thought to take some pressure off the table so I could stop staring at charts 100 times a day. So I pulled the trigger and now have six years of living expenses (probably more than most people earn in over 10 years). I retired in 2021 in my thirties and am living on my Bitcoin. I have enough to take me to the death bed quite comfortably (I think). But I have to be honest with you, I did shave another couple of percent off at $92,000 earlier in the year when all that tariff BS was going on.

My anxiety around price comes from the fact that I had planned to sell quite a bit more this year, I wanted to pull out $3,000,000 to diversify into real estate and also my Mrs wanted a bigger home. We actually bought our current home without a mortgage in 2022 after the 2021 bull run. No regrets there, although it was 15 Bitcoin and it is now worth 8 Bitcoin Cheesy I am fine in this house but you know what women are like. But I will not sell any Bitcoin below $125,000 - $130,000 now. I just can not justify selling here.

I’ve calmed down a little bit now, if the top is in then it’s in, nothing we can do about it. I am positioned well either way but am disappointed if the cycle is finito. If we can build some support at $107,000 and stocks hold up well then we could be in business towards the end of the year because Powell is due to cut rates and Trump will TACO on China tariffs so that could calm markets.

Regarding a bet I am not 100% confident the cycle is over but I made a commitment so let’s say for 100,000 satoshis -

No more ATHs before the end of Q1 2026. If we hit a new ATH before end of Q1 2026 I pay you 100,000 sats. If we don’t you pay me 100,000 sats.

Deal?

Anybody else reading, in the words of DJT, ’Thank you for your attention to this matter’

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October 18, 2025, 09:01:16 AM


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