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

[philipma1957]

good morning wo
today is the I order
more mining units

have to prep for tax
yeah time to setup a plan
how I hate the taxman

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

how I hate the taxman

https://www.youtube.com/watch?v=gMdcE8jdz70

Let me tell you how it will be: one for you nineteen for me...
If 5% may seem too small, be thankful I don't take it all...

[BTCETFInvestor]

good morning wo
today is the I order
more mining units

have to prep for tax
yeah time to setup a plan
how I hate the taxman

Phil - Do you self-prepare (DIY) your taxes, or use a tax service agent or have an accountant (CPA) prepare your taxes?  

[BTCETFInvestor]

how I hate the taxman

https://www.youtube.com/watch?v=gMdcE8jdz70

Let me tell you how it will be: one for you nineteen for me...
If 5% may seem too small, be thankful I don't take it all...

That was a timely response for Phil! And delivered by video from The Beatles!  I like it!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

A boring Sunday.
Still 35 grand under.
Chopper ain't flyin'.

Mouse scroll wheel spinning.
Bitcoin dead, but still winning.
Ignore lists filling.

Bitcoin is trustless.
Bitcoin ETFs need trust.
Direct opposites!

Which one would you choose?
Now, that's an IQ question.
Not that Mensa shit!

Can bots exhibit,
The Dunning-Kruger effect?
They can, and they do!

Is it J or L?
Then, another J or F?
Lastly, G or C?

We'll know soon enough.
Regardless, we'll get them both.
The girl, and the moon!

#7wodigestsundayhaikus

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Green dots… 

[SPIDERMAN008]

Central banks print money.
Street vendors accept Bitcoin.
Hyperbitcoinization won’t announce itself
From El Salvador the Bitcoin country



https://x.com/BitcoinMagazine/status/1994865243114135634?t=ivDI5DLgYUH_vtqTApzjug&s=19

[JayJuanGee]

Yeah.  How you going to stop normies from doing that?.. even the various blow ups around FTX did not teach lessons about the negative aspects of custodians.

You can not stop them.  They are being told but they will not listen, the general population will continue to choose what is more comfortable and convenient and custodians are exactly that.  I have seen a worrying number of Members on this Forum believing Michael Saylor will never sell any Bitcoin at all and will only keep buying, forever.  Normies are delusional.

Saylor has been moving a bit on the "never sell" mantra in recent times, and even his various financial tool products give excuses for selling in order to maintain those products...and even MSTR's CEO Phong Le has entertained selling ideas as being mathematically justifiable (Towards the end of the "What Bitcoin Did" Interview).

ChartBuddy 5x streak.

I guess it shows the boredom around the market at the moment. People are waiting for the next significant move after what’s been a horrific November performance so far.

I was lying in bed last night, thinking about Bitcoin. We just have to hope the four year cycle is dead and 2026 is a good year. I do not want to sit through another, stinking bear market but it is what it is. We watch and wait…….

I am not giving up on the 4-year cycle, yet I am also not giving up on the top not yet being in, yet.

In other words.


Why not both?

good morning wo
today is the I order
more mining units

have to prep for tax
yeah time to setup a plan
how I hate the taxman

You never learn.

Here is what I hear from uie-pooie:

"I order more mining units because I love so much to have fun staying poor.. blah blah blah."

A boring Sunday.
Still 25 grand under.
Chopper ain't flyin'.

Wow.  You are ONLY going for $116k?

We need to bring proudhon in here to teach some basic maths and sciences.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

Saylor has been moving a bit on the "never sell" mantra in recent times, and even his various financial tool products give excuses for selling in order to maintain those products...and even MSTR's CEO Phong Le has entertained selling ideas as being mathematically justifiable (Towards the end of the "What Bitcoin Did" Interview).

Yes, very much so.
I believe that they will sell some soon, probably as soon as Dec 5 passes without MSTR inclusion, supposedly.
They can sell higher cost coins, take a loss, reduce or entirely eliminate taxes.

A small concern of mine is that they don't really have a $ "buffer" to pay out the hefty dividends.
Based  on that, I actually sold STRC...made 5-6% total in 6 mo, mostly on dividends.
An additional reason was that STRC started to be too volatile for a supposedly high yield money market-like fund it was advertised as.

[Ermaios]

We just have to hope the four year cycle is dead and 2026 is a good year. I do not want to sit through another, stinking bear market but it is what it is. We watch and wait…….

I have to admit. I’m thinking that too.
But, I’m still a firm believer of the 4 year cycle. Until rewards diminish further, and miners do whats what - cycles are still intact imo.
That means, since we’re already 1, almost 2 months in the bear, that hello 2026 October bottom @$50k-$60k. Seems to be shifting one month …

Bitcoin on the breaks,
forms the S on the S curve,
adoption pending.

#haiku

Feeling so Trainspotting rn.

[BitHodlers]

It is time to revive the perma bull market theory.  

We just have to hope the four year cycle is dead and 2026 is a good year. I do not want to sit through another, stinking bear market but it is what it is. We watch and wait…….

I have to admit. I’m thinking that too.
But, I’m still a firm believer of the 4 year cycle. Until rewards diminish further, and miners do whats what - cycles are still intact imo.
That means, since we’re already 1, almost 2 months in the bear, that hello 2026 October bottom @$50k-$60k. Seems to be shifting one month …

The halving is already mostly irrelevant. 450 coins per day is nothing for a trillion dollar asset class. You need to look again what the daily volume and liquidity are..  

[AlcoHoDL]

[...]

A boring Sunday.
Still 25 grand under.
Chopper ain't flyin'.

Wow.  You are ONLY going for $116k?

We need to bring proudhon in here to teach some basic maths and sciences.

Hahaha, well spotted!

Corrected. Can't have math & science errors in my haikus!

[OutOfMemory]

OT:

Last night I re-watched Nightmare Alley (2021).

Powerful movie, with great performances, and a compelling plot. One of Guillermo del Toro's best.

Recommended watch.

Thanks for the tip, mate
Already on my harddrive
Waiting to be watched

Wait for upity
For how long will he tease us
I mean King Daddy

When Saylor would sell
We would witness a bear year
Pepper your anus

#haiku

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[serveria.com]

ChartBuddy 5x streak.

I guess it shows the boredom around the market at the moment. People are waiting for the next significant move after what’s been a horrific November performance so far.

I was lying in bed last night, thinking about Bitcoin. We just have to hope the four year cycle is dead and 2026 is a good year. I do not want to sit through another, stinking bear market but it is what it is. We watch and wait…….

Same here, I'm somehow not convinced that $127k was the top. Either the 4 year cycles are done or we'll have an extended cycle with a late top in Q1.

$150-170k could be the range we're talking about.