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

[Gachapin]

Sounds stupid af to me... but what do I know 

World’s Highest IQ Holder Predicts Bitcoin to Hit $220K In Next 45 Days
https://www.tradingview.com/news/coinpedia:9d863e289094b:0-world-s-highest-iq-holder-predicts-bitcoin-to-hit-220k-in-next-45-days/

[vapourminer]

Sounds stupid af to me... but what do I know 

World’s Highest IQ Holder Predicts Bitcoin to Hit $220K In Next 45 Days
https://www.tradingview.com/news/coinpedia:9d863e289094b:0-world-s-highest-iq-holder-predicts-bitcoin-to-hit-220k-in-next-45-days/

yeah that huuuuuuge IQ just sat and watched bitcoin without getting any for how long? well over a decade?

maybe that stated IQ is missing a decimal place?

[Richy_T]

I don't practice Santeria, I ain't got no crystal ball.

[xhomerx10]

I don't practice Santeria, I ain't got no crystal ball.

 Well I had a million dollars but....  😭

 Speaking of Sublime, how the hell did we just go from solid to gas and totally pass the liquid phase?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

Never mind this Bitcoin stuff for now.  I have some homework due tomorrow morning and I am drawing a blank so a little help would be greatly appreciated.
The assignment is a 10 minute oral presentation on "What always makes you laugh" and I am drawing blanks.  It's not that I don't laugh but I've never committed those events to memory... except the first time I had my new girlfriend over to meet my family.  We were all sitting around eating pizza and talking when I noticed my girlfriend's plate was empty.
You remember when you were a kid and had those belching contests with your friends to see who could say words or even full sentences while expelling air?  Yeah, well I never participated in such idiocy...
 but on this particular occasion, while actually trying even harder to be on my best behaviour, I said "Hey Shelly(that was my girlfriend's name), would you like some more pizzaaaaaaaaaaaaaaaaaaaaaaaaaaaaaAAAAA!?!"    and for the life of me I could not stop the flow.  Well, if it were a competition, I would have won that day without even trying but.... 😭   at the time I was so embarrassed but everyone else laughed their asses off.   Just thinking about that now always makes me laugh without fail.  Sometimes I remember it at the most inconvenient times - funerals come to mind... Seriously though, I need some help with this homework assignment because I don't think I could even repeat that let alone stretch it out for 10 minutes.  

 What always makes you guys laugh?  Serious replies only please.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Never mind this Bitcoin stuff for now.  I have some homework due tomorrow morning and I am drawing a blank so a little help would be greatly appreciated.
The assignment is a 10 minute oral presentation on "What always makes you laugh" and I am drawing blanks.  It's not that I don't laugh but I've never committed those events to memory... except the first time I had my new girlfriend over to meet my family.  We were all sitting around eating pizza and talking when I noticed my girlfriend's plate was empty.
You remember when you were a kid and had those belching contests with your friends to see who could say words or even full sentences while expelling air?  Yeah, well I never participated in such idiocy...
 but on this particular occasion, while actually trying even harder to be on my best behaviour, I said "Hey Shelly(that was my girlfriend's name), would you like some more pizzaaaaaaaaaaaaaaaaaaaaaaaaaaaaaAAAAA!?!"    and for the life of me I could not stop the flow.  Well, if it were a competition, I would have won that day without even trying but.... 😭   at the time I was so embarrassed but everyone else laughed their asses off.   Just thinking about that now always makes me laugh without fail.  Sometimes I remember it at the most inconvenient times - funerals come to mind... Seriously though, I need some help with this homework assignment because I don't think I could even repeat that let alone stretch it out for 10 minutes.  

 What always makes you guys laugh?  Serious replies only please.

OgNasty thinking there is still a four year cycle and the bear is back.


Sorry had to toss a dart to see if  it hits.


What's funny?

 I must be surprised. Sometimes.

But a favorite  line from the "March of the wooden soliders"  or  "Babes in toyland"

It's about  sausages.

"THAT'S neither pork or pig it's beef"

I always smile at that.

Also an old Marx brothers movie. A scene About a bridge game.

ACE OF SPADES
ACE OF SPADES
 ACE OF SPADES

BEFORE the women Margerat Dumont figures out she is. Being cheated

[vapourminer]

What always makes you guys laugh?  Serious replies only please.

well i see chartbuddys being no help

although im not gonna be much help either im afraid

my sense of humor is very dry. however i honestly do get laughs watching wildlife antics, especially in the mornings while sipping coffee after putting birdfeed and such out... ive watched squirrels leap from my roof to try and land on the feeder i had just set out and was in squirrel jumping range apparently. be sitting there and suddenly a falling squirrel goes by the window.. then they go up the gutter spouts to try again.

birds fistfighting (wingfighting?) while on the ground is pretty funny too.

so basically sorry, i got nuthin

[Hueristic]

Never mind this Bitcoin stuff for now.  I have some homework due tomorrow morning and I am drawing a blank so a little help would be greatly appreciated.
The assignment is a 10 minute oral presentation on "What always makes you laugh" and I am drawing blanks.  It's not that I don't laugh but I've never committed those events to memory... except the first time I had my new girlfriend over to meet my family.  We were all sitting around eating pizza and talking when I noticed my girlfriend's plate was empty.
You remember when you were a kid and had those belching contests with your friends to see who could say words or even full sentences while expelling air?  Yeah, well I never participated in such idiocy...
 but on this particular occasion, while actually trying even harder to be on my best behaviour, I said "Hey Shelly(that was my girlfriend's name), would you like some more pizzaaaaaaaaaaaaaaaaaaaaaaaaaaaaaAAAAA!?!"    and for the life of me I could not stop the flow.  Well, if it were a competition, I would have won that day without even trying but.... 😭   at the time I was so embarrassed but everyone else laughed their asses off.   Just thinking about that now always makes me laugh without fail.  Sometimes I remember it at the most inconvenient times - funerals come to mind... Seriously though, I need some help with this homework assignment because I don't think I could even repeat that let alone stretch it out for 10 minutes.  

 What always makes you guys laugh?  Serious replies only please.

People that get mad at jokes, especially those that try to intimidate, I love laughing in their faces.

They get more pissed and I find it even funnier, its hilarious seeing a bully turn all red and not have the balls to make a move.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[lightfoot]

Trump said that $2,000 tariff stimulus checks will be donated half way 2026.

It seems everybody just forgot about the US massive debt.

Yeah, money machine go brrrrrr!!!!!!!!

[lightfoot]

What always makes you guys laugh?  Serious replies only please.

Thinking of Mindrust will do it. Always good for a mental giggle.

[cAPSLOCK]

Gulp...

[Biodom]

I am curious about this bear...

What if it suggests that in the future, say 5 years, almost no one would have any income from work (due to AI, "agents", autonomous driving, etc).
Setting up an UBI for 90-99% of the society would take time and cash flows into almost anything "financial" for regular (not 1%) folks would grind to a halt as people would be in a survival mode.

Could it be that bitcoin is sniffing it out?
It seems that this is either a deliberate takedown, like something WS did to internet in 2001-2002 or, maybe, it is something structural?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[DaRude]

Where are the pepper your bunhole images? about to break through $90k

[lightfoot]

Damn, bitcoin is on sale 25% off today!

[Abelly]

NGL, thinking of taking some profit again next time we hit $100k USD/BTC.
The economic numbers have me a bit spooked, and would be nice to just sit on the cash. Schwab has a really good money market account.

The fact the govt isn't releasing October numbers is... historic.
Not sure we're gunna see $125k USD/BTC before the end of the year.

Would love to be wrong.
Have a great weekend, folks.

Yeah right, what a prettt great plan. Go ahead and take profit just right before Bitcoin price decides to skyrocket.

Bob has already done that several times.  His argument is both that he has plenty and that his costs are quite low.. perhaps in the lower 3 digits.. yet I wonder.. .

and yeah, it is not really a great thing to sell large amounts on a dip even if it is a bounce of a dip, yet I think that many guys who have been in for a while consider that we can pretty much sell as much as we need within reasonable limitations of our regular monthly or incidental expenses (not that Bob is doing that)

Honestly, this isn’t the first time I’m seeing someone with this kind of logic. I mean folks claim their costs are low and their bags are deep, not until the market eventually exposes whether or not their confidence is actually real or just another bravado.  and honestly, it often goes way beyond having enough figures stacked up in your bag. Sure, having plenty of cornz’s great, but does it make every sell decision smart? Hell No. to think the market rewards ego, unfortunately, it mostly rewards timing and discipline.

And yeah, selling heavy into a dip, even a bounce would most likely signal emotions, more than strategy. Hitting a fuck you status is great and those who have been able to survive multiple cycles would most likely understand that the most logical way to sell is selling what aligns with your actual life expenses or your strategic withdrawal plan and definitely not whatever your mood or emotions dictate at that point.

Many say their costs are low and their pockets are deep, but when the market really tests who they are, the truth is revealed, the market does not reward anyone with a small amount of money, the real thing is discipline, how much BTC you hold is important, but the decision of each sale is rational and emotional at the time.

Heavy sell-offs are often a reflection of emotion, not strategy, those who have gone through multiple cycles have made one thing very clear, the smartest sale is the one that matches your real life expenses, long-term strategy and risk management, and that is to sell on the wave of emotion, and the market never rewards that!

That’s a fair take. And from a systems level standpoint, selling off everything out of BTC I just kinda introduces extra friction and counterparty exposure for no actual gain. But leaving value stored in BTC and only having to off-ramp only a when you have specific need for fiat is basically the optimal risk adjusted workflow, plus it also minimizes taxable events, drastically reduces your dependency on exchanges and also keeping your long term asymmetric gains intact.

But sure, portfolio management is just like coding right? Every individual has their own unique philosophy (sometimes right and sometimes wrong). And while some approaches are objectively suboptimal, they still somehow work for the person that uses them right?  A little push back isn’t actually negative, but just kind of a healthy peer review for how we choose to handle our stack.

What you are saying is not just a wish, it is actually practical risk management, liquidating the entire stack does not just mean making a profit, along with this, unnecessary friction, taxes, events and counterparty risk are taken into your own hands, for most people it increases headaches instead of profits, if you hold value in BTC and only off-ramp to fiat when necessary, much more and optimized less tax less exchange reliance and long term convexity is important, this can actually be called management.

And yes, like portfolio code, some people's method may be theoretically wrong but it works for them in reality, some people's high time preference is also low, this diversity is what makes the market interesting, at the end of the day, stepping back a little and reviewing your own decisions impartially is the real edge!

[DaRude]

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