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

[BitHodlers]

The inflation numbers came in, much better than expected! Estimate 3.3, but were 2.9%. This was not expected I think, it sounds good.

If it continues like this I see at least 1 more rate cut before Powell is gone and many more later.

[BTCETFInvestor]

Institutional Demand Surpasses Bitcoin Mining Output: Institutional Bitcoin purchases surpassed mining output for the first time in six weeks. Bitcoin ETFs reclaimed $457 million in net inflows.

► https://www.cointribune.com/en/institutional-demand-overtakes-btc-mining-output/

► https://financefeeds.com/institutional-rebound-bitcoin-etfs-reclaim-457-million-in-net-inflows/

Do you read articles before posting links? I ask because you continue to post crappy sources that don't even have a clue about the basics in their articles.

Example from article number 1 :

The daily BTC supply, estimated at around 900 units, has been fully absorbed by purchases from major financial players...The daily issuance of bitcoin remains stable at around 900 BTC per day, according to the protocol ;

The current block reward is 3,125 BTC x an average of 6 blocks per hour x 24 hours = about 450 BTC per day. Your source is still in the past. In addition, miners are no longer the ones whose coins significantly affect the price.

@Lucius - I am posting articles that are in Coingeko's website, a very popular source of Bitcoin data and news: https://www.coingecko.com/en/coins/bitcoin

FYI - I post random Bitcoin related news articles simply because they are provided on Coingecko's website and a lot of Bitcoin enthusiasts will likely read the articles. It helps to know what Bitcoin related news articles are out there, whether they are accurate or not. I have no intention of proof-checking such articles for accuracy - any more than you would proof-check a Wall Street Journal or Bloomberg Finance article for accuracy! Crappy sources or not, the articles are out there! I hope that is understood. Fair enough?  

Examples of Bitcoin related news articles on Coingecko below:

[vapourminer]

[...]

Do you read articles before posting links? I ask because you continue to post crappy sources that don't even have a clue about the basics in their articles.

no the bot even admits it just copies and pastes links. as the bot feels its so busy it cant be bothered to verify anything lol

we need a super-ignore button. an ignore button soooo powerful its zaps quotes from ignored users too.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BTCETFInvestor]

[...]

Do you read articles before posting links? I ask because you continue to post crappy sources that don't even have a clue about the basics in their articles.

no the bot even admits it just copies and pastes links. as the bot feels its so busy it cant be bothered to verify anything lol

we need a super-ignore button. an ignore button soooo powerful its zaps quotes from ignored users too.

What a fucking dumbass you are! I am not a bot, you idiot!

[ESG]

[...]

Do you read articles before posting links? I ask because you continue to post crappy sources that don't even have a clue about the basics in their articles.

no the bot even admits it just copies and pastes links. as the bot feels its so busy it cant be bothered to verify anything lol

we need a super-ignore button. an ignore button soooo powerful its zaps quotes from ignored users too.

Busy with what? LOL....

#

I have no intention of proof-checking such articles for accuracy

,  more one 🚩?

---##

As much as I welcome AI for its benefits in data analysis and information processing, I absolutely HATE how it's being abused by people who copy/paste AI-generated content and presenting it as their own, without even checking its validity. .....~...The real issue is that many people have now started using AI instead of their own brains for everything, ....~~~~

 I totally agree, but also, I don't see a problem with the person being sincere and saying things like, I asked x thing to the AI and she answered that,... and something like that,

as long as they mentioned that they used this tool. but copying and posting anything you haven't even read, just because you found the title interesting... this is 1000x worse than using AI without having mentioned that it used AI,

 but it is easy to identify AI comments without using tools for it, because they have no coherence with the subject, showing the lack of reasoning about the discussion, complementing with random points one after another without coherence with rational logic that the human being has in debating any subject whatsoever.,  

Example type, :

 one says, the ant walks forward,.. and the other replies: yes she walks forward with her legs, and then another comes and says, but this they do every day,
 while the AI, puts all this together at once without coherence and the guy copies and posts,...

 this business is getting worse and worse,
 
I swear I have good friends, but so lazy that they are using AI to chat on whats app with me, they should ask her to write a message about the link they are going to send and then copy and paste the answer.... out of sheer laziness...

 But, the world is getting weird...

[philipma1957]

Sold the second set of quarters.

Listed a 10oz bar over spot at 714 lets see how this does.

I got a bit of btc today

[asUHWEceyc]

Roach must be so rich now. Just imagine if he'd swapped all that physical silver for coin back in 2015 instead. Smart guy

mo dolla bank money Jan 29

Low volume for the rest of the year opens the door for cheap whale splashes

[Lucius]

[...]

Do you read articles before posting links? I ask because you continue to post crappy sources that don't even have a clue about the basics in their articles.

no the bot even admits it just copies and pastes links. as the bot feels its so busy it cant be bothered to verify anything lol

we need a super-ignore button. an ignore button soooo powerful its zaps quotes from ignored users too.

What a fucking dumbass you are! I am not a bot, you idiot!

You spam links with crappy, inaccurate and clickbait news and that's a fact. The fact that someone produces garbage does not give you the right to spill the same garbage here.

[BTCETFInvestor]

[...]

Do you read articles before posting links? I ask because you continue to post crappy sources that don't even have a clue about the basics in their articles.

no the bot even admits it just copies and pastes links. as the bot feels its so busy it cant be bothered to verify anything lol

we need a super-ignore button. an ignore button soooo powerful its zaps quotes from ignored users too.

What a fucking dumbass you are! I am not a bot, you idiot!

You spam links with crappy, inaccurate and clickbait news and that's a fact. The fact that someone produces garbage does not give you the right to spill the same garbage here.

@Lucius - You speak of 'rights' here!  Hahahaha!!!  There are so many freaking idiots here that bully and post lies and you are concerned about Bitcoin news articles from weak sources!!! What a fucking moron...  Do you have a brain - or is your skull full of shit?  Think you fool!  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WatChe]

they play btc shorts and want to get a dump under 80 they bet on say 79.5k

I remember there is a bet in place here between JJG and LFC_Bitcoin.

Between who is winning now as price is below 90k?

[Hueristic]

[...]

Do you read articles before posting links? I ask because you continue to post crappy sources that don't even have a clue about the basics in their articles.

no the bot even admits it just copies and pastes links. as the bot feels its so busy it cant be bothered to verify anything lol

we need a super-ignore button. an ignore button soooo powerful its zaps quotes from ignored users too.

What a fucking dumbass you are! I am not a bot, you idiot!

You spam links with crappy, inaccurate and clickbait news and that's a fact. The fact that someone produces garbage does not give you the right to spill the same garbage here.

@Lucius - You speak of 'rights' here!  Hahahaha!!!  There are so many freaking idiots here that bully and post lies and you are concerned about Bitcoin news articles from weak sources!!! What a fucking moron...  Do you have a brain - or is your skull full of shit?  Think you fool!  

That's his point, your trying to fill it full of shit with your worthless ZERO effort garbage links.

We go to the effort to vet that garbage before we post here, its not that hard to check for something being reported from mutiple sources, it takes a few minutes.

Also there is a garbage churn of fake news that is circular in nature all citing each other not much different from the circular AI money train bubble you need to look out for.

But it is apparent you could not care less if you perpetuate worthless garbage as long as you push your agenda of bending over for institutional control.

If your not a bot then your a POS human being.

[ESG]

Explanation
Chartbuddy thanks talkimg.com

 Buddy, don't worry, the important thing is that the volume is very high...

 The price may really fall below 70k by February, ...

 but those who are buying a lot now from those who are selling, will do the same from September 2026 on the next new annual high that will be expected to happen,...

... according to my fantasies and desires hehehe... hahaha...LOL...

[Hueristic]

Yawn, good show to watch over walls ATM.

Which one is this?
I just finished Arcane S02, if you're into Anime stuff. Recommended.

I thought S1 was ok but could not handle season 2 of that.

This is not animation, season 2 episode 1 just dropped.

[AlcoHoDL]

they play btc shorts and want to get a dump under 80 they bet on say 79.5k

I remember there is a bet in place here between JJG and LFC_Bitcoin.

Between who is winning now as price is below 90k?

The due date is way away...

Jay will win the bet. 😜

[El duderino_]

Again pump to than dump O’clock?

Annoying to be correct

[JayJuanGee]

100 is back in the menu

The perfect number, that number will never fade and will soon be heading there as soon as possible.

I do think that there is a certain amount of truth that OGs and various others are selling at or around $100k, yet at the same time, I think that it is a convenient narrative to cover up the various ongoing ways that paper bitcoin are downwardly impacting the bitcoin price.

Furthermore some of the stories of OGs selling 1,000s of coins make no sense, even though in the aggregate I can see how it might add up.. so 100 coins here and there end up adding up, yet I doubt that they stories of 1,000s of coins being sold make much if any sense, especially if the person really is OG.. which maybe I would suggest that the person woudl have had likely had to have gotten in before 2013 to meaningfully accumulate 4 digits or more coins and also be able to hang onto such coins.

Sure there were periods in 2013 in which the bitcoin price was below $100 for several weeks, so that ould be merely a $100k investment to get 1,000 or more coins.. and yeah, in 2015 the BTC price spent quite a bit of time between about $220 and $250, so in that case that would have had been $220k to $250k to accumulate 1,000 coins or more.. I  have difficulties imagining too many normies to put together those quantities of money and dedicating that to bitcoin investment, which causes me to propose that OGs investing in early 2013 (when prices were $5-$30) or before that, would have had more easily and more practically been able to put together maybe less than $40k and invested in bitcoin an fairly "easily" accumulated 1,000 plus bitcoin.. and yeah, it is a bit random that I am suggesting $40k or less as an investment amount that normies could fairly easily generate in the event that they had insight into bitcoin in early 2013 and before that.

I surely don't consider post 2017 entrants (and even prior to 2021) into bitcoin as "OGs" yet.. even though surely we had prices between $3.2k and $8k for decently extended periods of time during that 2018 to late 2020 period, so even the post 2017 entrants could have had fairly easily accumulated in the ballpark of 13 BTC to 35 BTC with a budget of around $100k-ish... and sure my speculating involves larger and large budget sizes, even though the greater levels of dollar debasement really did not start to kick in until March of 2020 or perhaps slightly later.. and yeah, these days, we likely need more than $200k to equal the mid-to-late 2020 $100k.

I was an active member of this forum back in 2013, unfortunately, my original account was compromised and banned years ago. I never really saw the need to create a new account, as I’ve always been more of an observer than a writer. That being said, I’ve been visiting this thread almost every week for years. It’s been, for the most part, my sole source of Bitcoin news—and, most importantly, hopium!

With $100k so close, I just wanted to take a moment to thank everyone on this thread for your unwavering optimism and dedication over the years. It’s been incredibly inspiring to see how many of you have stayed committed through the highs and lows, continuing to believe in Bitcoins vision and potential. Without this thread and the positivity here, I probably wouldn’t still hold the corn I do now.

Thank you all for keeping the fire alive. Here’s to many more milestones for Bitcoin!

PS Bring on 150k!!!

Pray tell more.

What have you been doing between 2013 and now?  Did you buy and sell (such as trading) within BTC? or were you mostly accumulate BTC during that time?  Did you get sucked into any shitcoins? There have been a lot of shitcoins and a lot of ways to get distracted, even for folks who might have had originally come to bitcoin with an intent on staying focused on bitcoin, distractions have happened to a good number of normie bitcoiners.  Did you make any mistakes along the way, such as selling too many coins too early and then realizing that you had made a mistake?

There are quite a few guys who have even been around for a while who (from my point of view) have been overly consuming from their BTC, so their bitcoin never really gets too many chances to compound in value upon itself, yet from my perspective there are needs to try to make sure to have other sources of income so that there is no need to tap into the bitcoin until perhaps the stack size gets to an overaccumulation level.. and surely normal rational folks can differ in regards to the meaning of what is getting to overaccumulation status that would then trigger permissions (of course permission given from oneself) to be able to engage in forms of sustainable withdrawal, whether those sustainable withdrawal practices (price based and/or time based) would be supplementing existing income or perhaps serving as sole sources of income.

[edited out]

Ai Generated.

Do you think so?

I hate to be posting back and forth with an AI.. yet it wouldn't be the first time, I suppose..

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ESG]

-JJGee, I also want one🚩, how do I get it?

Do I have to try harder?

..or if I continue the way I am, soon I will succeed?

, I am asking only out of doubt... lol



#

Do you think so?

I hate to be posting back and forth with an AI.. yet it wouldn't be the first time, I suppose..

... ,  the ask was not for me, but, is 100% clear man...