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

[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/

[Vaculin]

Thanks God it didn't hit the EARTH @xhomerx10.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[SPIDERMAN008]

From my perspective, getting to "fuck you" status is a bit of a different idea, since fuck you status relates to the ability to live off of your BTC and/or any potentially mostly passive income sources, so that you do not necessarily have to work for anyone.  Work becomes optional, and surely there are levels within fuck you status.

It tends to take a while to get to fuck you status, and to me it seems that even if guys spend 4-6 years investing into bitcoin, yet if they are merely investing around 10% of their income into bitcoin, they are less likely to get to fuck you status in that time. Accordingly, there is a function or amount put in and passage of time, since even if a person were to be able to put a whole years of his income into bitcoin in 4-6 years, BTC prices would likely have to go up 10x or more in order for him to get to entry-level fuck you status.. so there tends to be a bit of speculation regarding bitcoin's upside potential, which has frequently been the case and distracted folks into other projects and/or investments since they were worried about bitcoin's future return, as compared to its historical return.

Accordingly, even historically, a person might have had been able to put less than a whole year's of his income into bitcoin.. and let's say that he had achieved an average cost per BTC that was less than $5k.. so then if he built up his bitcoin holdings, so then now he would be more than 22x in profits based on BTC spot price and he would even be close to 12x in profits based on the 200-WMA... so then the question still might relate to how much he put in, and if he ONLY put half a year of his income into bitcoin, then he might not quite be at entry-level fuck you status, yet if he had put a whole year of his income into bitcoin, then it seems to me that he would have had entered into fuck you status.

Part of my point is that there still may well be some need to commit a decent amount of income into bitcoin in order to get results, yet at the same time, bitcoin has been a great investment for those who have built up their BTC stash.

Thank you JJG for your explanation . I think clearly understand what you said . That means our discipline over emotion regarding Bitcoin accumulation. To reach fuck you status quickly, we need to be able to DCA 25% of our income. As a result, after a total of 4 years, we can invest the total income of 1 year. But now, according to the price of Bitcoin and the 200-week moving average, it is difficult to achieve FUS for those whose income is less than that. Although it was quite easy before 2020. But if we can think about the valuation in the future, there will be a lot of profit or And life security will be created.

[hypebrother]

From my perspective, getting to "fuck you" status is a bit of a different idea, since fuck you status relates to the ability to live off of your BTC and/or any potentially mostly passive income sources, so that you do not necessarily have to work for anyone.  Work becomes optional, and surely there are levels within fuck you status.

It tends to take a while to get to fuck you status, and to me it seems that even if guys spend 4-6 years investing into bitcoin, yet if they are merely investing around 10% of their income into bitcoin, they are less likely to get to fuck you status in that time. Accordingly, there is a function or amount put in and passage of time, since even if a person were to be able to put a whole years of his income into bitcoin in 4-6 years, BTC prices would likely have to go up 10x or more in order for him to get to entry-level fuck you status.. so there tends to be a bit of speculation regarding bitcoin's upside potential, which has frequently been the case and distracted folks into other projects and/or investments since they were worried about bitcoin's future return, as compared to its historical return.

Accordingly, even historically, a person might have had been able to put less than a whole year's of his income into bitcoin.. and let's say that he had achieved an average cost per BTC that was less than $5k.. so then if he built up his bitcoin holdings, so then now he would be more than 22x in profits based on BTC spot price and he would even be close to 12x in profits based on the 200-WMA... so then the question still might relate to how much he put in, and if he ONLY put half a year of his income into bitcoin, then he might not quite be at entry-level fuck you status, yet if he had put a whole year of his income into bitcoin, then it seems to me that he would have had entered into fuck you status.

Part of my point is that there still may well be some need to commit a decent amount of income into bitcoin in order to get results, yet at the same time, bitcoin has been a great investment for those who have built up their BTC stash.

Thank you JJG for your explanation . I think clearly understand what you said . That means our discipline over emotion regarding Bitcoin accumulation. To reach fuck you status quickly, we need to be able to DCA 25% of our income. As a result, after a total of 4 years, we can invest the total income of 1 year. But now, according to the price of Bitcoin and the 200-week moving average, it is difficult to achieve FUS for those whose income is less than that. Although it was quite easy before 2020. But if we can think about the valuation in the future, there will be a lot of profit or And life security will be created.

fus indeed.

with great power comes great corporate interests.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Vaculin]

Wow, someone just opened a $234M short on Bitcoin after profiting from Trump-tariff timing before.

According to on-chain tracker Arkham Intelligence the liquidation level is around $123K, so if BTC moves up, this could blow up.

He moved 3,003 BTC to Binance, increased his short on BTC to $234 million via Hyperliquid, and holds a leveraged short opened at $111,000 with 10x exposure.