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

[LoyceV]

Bitcoin getting more Wall Street, less cypherpunk. https://cointelegraph.com/news/bitcoin-whales-shift-to-etfs-tax-advantages

Moving your Bitcoin in and out of an ETF without realizing capital gains (and paying tax on it) isn't a benefit. It doesn't change anything compared to not selling your coins in self-custody.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[adultcrypto]

Nice bull market we got there.

108k to 114k to give us hope and then slam it straight back down to 108k with the threat of going even lower. We’re in grave danger of ending the year lower than we started it in a supposed bull market.

We can’t have a proper, sustained bull with Trump and his retarded FUD tariff war. His creepy little sons in the background profiting off our misery with insider knowledge.

Make no mistake about it, we’d be at 150k now without Trump’s influence on this market. I believe there is institutional, high grade price suppression going on too. Deep pockets don’t want Bitcoin to moon. This isn’t the way it was supposed to be this year, extremely disappointing.

I'm beginning to thinking that bitcoin is aware of your bet with JJG and Ambatman, the recent behaviors shows that. Giving both sides hope and dashing same within a blink of an eye. As long as that bet stands, both sides should brace up because bitcoin will mess with the emotions of all even more. It's really pain in the ass attaching time-bound expectations to bitcoin, this is the reason I chose long term over short term.

[OgNasty]

Moving your Bitcoin in and out of an ETF without realizing capital gains (and paying tax on it) isn't a benefit.

A reminder that not everyone’s opinion is equal in value.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Ambatman]

As long as that bet stands, both sides should brace up because bitcoin will mess with the emotions of all even more. It's really pain in the ass attaching time-bound expectations to bitcoin

Good thing we in Q4 already. We can't judge the rest based on how few days of October played out.

Bitcoin getting more Wall Street, less cypherpunk. https://cointelegraph.com/news/bitcoin-whales-shift-to-etfs-tax-advantages

Changes nothing at the end of the day you would still be taxed once you sell.
In kind just delay the inevitable. I see no real benefit except they doing it for convenience.

[d_eddie]

Bitcoin getting more Wall Street, less cypherpunk. https://cointelegraph.com/news/bitcoin-whales-shift-to-etfs-tax-advantages

Changes nothing at the end of the day you would still be taxed once you sell.
In kind just delay the inevitable. I see no real benefit except they doing it for convenience.

There is a definite difference between
 a) Selling btc, paying taxes and buying the ETF
 b) Swapping btc for ETF without paying taxes

Of course eventually you do pay taxes when you sell the ETF for fiat, but the amount of ETF (paper btc) you get is quite different. If the tax rate is 20%, you get 20% less. If it is 30%, you get 30% less, and so on.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Vaculin]

Not really sure about this whole “AI in trading” thing.
Every exchange now seems to push some new AI tool like it’s the future, but I can’t help thinking there’s something off.

They say it helps you make smarter decisions, but what if it’s just another way to make people rely on systems they can’t even see how they work?

The more traders use it, the more predictable the market becomes, maybe that’s exactly what they want.

I don’t know, feels like we’re slowly giving up control and calling it progress.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Findingnemo]

Every exchange now seems to push some new AI tool like it’s the future, but I can’t help thinking there’s something off.

They say it helps you make smarter decisions, but what if it’s just another way to make people rely on systems they can’t even see how they work?

The more traders use it, the more predictable the market becomes, maybe that’s exactly what they want.

Which exchange got this feature? I am using some but I don't have this yet.

I don't check their tools, pools, offers or anything just deposit and create an order and wait for it to hit, then withdraw it back to my wallet, so I don't spend much time there exploring their so-called tools. But I doubt they can ever implement such a feature, AI models we have don't think on it's own (yet).

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Searing]

I read that Bitcoin creator Satoshi supposedly has about 1.1 million bTC...with a market value of about $121 billion...and I heard he hasn't moved it yet..!!!

I recently read an article that asked if Bitcoin's mysterious creator Satoshi Nakamoto would move BTC from his wallet this year? Four Polymarket users bet over $62,000 on this...

Now my question is:

How logical is this??
Will Satoshi really move BTC?? 
And if he doesn't think he will, then does Satoshi control his wallet himself...?


Source

From my view of Satoshi.....he is like Banksy....IMHO..IF he was still alive (which I'd bet not) he would have ALREADY pulled a Banksy and either 1) burnt all his

addresses or 2) sold it all to dump btc price.....he would have done it years ago before centralized mining and the rest

they IMHO are alike as 'anarchists' against the current system....so my only conclusion is that Satoshi has passed away and the keys are lost ...

again, IMHO

the whole if you want to have a secret between 2 people last forever one of them must be dead theory...this is just too big to be otherwise, again, IMHO

[Searing]

Bitcoin getting more Wall Street, less cypherpunk. https://cointelegraph.com/news/bitcoin-whales-shift-to-etfs-tax-advantages

Moving your Bitcoin in and out of an ETF without realizing capital gains (and paying tax on it) isn't a benefit. It doesn't change anything compared to not selling your coins in self-custody.

er..don't you have to pay cap gains on each of the above switherroo's .....remember the 'blockchain' remembers and tools can find you on such with btc pretty

easy..years ago arguments on this in 2013 I was foolish not to hide mining gains...went to CPA from 2013 till 2019 when I was out of mining a lot less angst on

keeping IRS happy on $150 btc as it went up along the way mining ..then dealing with KYC now let me tell you

anyway...maybe above has no cap gains in above switching..just seems to me it needed to be as such (or losses or gains etc)

[Vaculin]

Every exchange now seems to push some new AI tool like it’s the future, but I can’t help thinking there’s something off.

They say it helps you make smarter decisions, but what if it’s just another way to make people rely on systems they can’t even see how they work?

The more traders use it, the more predictable the market becomes, maybe that’s exactly what they want.

Which exchange got this feature? I am using some but I don't have this yet.

I don't check their tools, pools, offers or anything just deposit and create an order and wait for it to hit, then withdraw it back to my wallet, so I don't spend much time there exploring their so-called tools. But I doubt they can ever implement such a feature, AI models we have don't think on it's own (yet).

Bitget made an announcement.
https://x.com/bitgetglobal/status/1957731021706915910
https://www.bitget.com/support/articles/12560603835454?utmSource=Twitter

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LeyMonte]

I don’t know, feels like we’re slowly giving up control and calling it progress.

If we depend on such a system then it is natural to understand that we are gradually giving up our own control and becoming dependent on another system.

Nowadays, more and more dependence is being placed on AI systems, which has led to more dependence on other systems than on our own thinking. Even though we are dependent on other systems, this is called progress.

[xhomerx10]

Wow!  This is a very large CME (coronal mass ejection) which happened on the far side of the Sun so it will impact Venus instead of earth.  This one would have caused auroras visible during the daylight hours... and possibly power grid disturbances, damage to satellite solar arrays.  The Sun hasn't produced one this powerful since August 1972.  The sun spot that produced that one was facing earth about a week ago... so close.  We may have dodged a bullet.



source: https://soho.nascom.nasa.gov/