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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

I will own more BTC at the end of this year than I do now. Will you?

I am not still in my BTC accumulation stage, so I probably won't own more BTC at the end of the year.

Then STFU paper hands.

You are a BTC seller who is going to be selling the bottom of the cycle while criticizing those who sold the top. Your Bitcoin plan is to be a leech who sells BTC every year for the rest of your life while never supporting the market ever again. Keep it real.

[hypebrother]

98k USD - 87k USD 

don't you realize that our public education is funded by the hurry back from lunch bonus and NGOs who enjoy peaceful serenity in the highest paid resorts and hotels?
calm your tits. it is fine to make money trading?

Trading is just a hedge tool?
Investment is Long Term?
Since we are averse to redacted bullshit since sometimes we forget something that is important upstairs, yes?

In bitcoin the traders are not likely to be making money, especially if we look at performance over 8 years or longer.  Sure, you might think that you are making money by trading, yet if you compare yourself to those who accumulated bitcoin and held, the chances are pretty low that you would have had been able to beat a buy and hold strategy...

So sure, a lot of traders think that they are smart asses, but they cannot even beat a DCA strategy, especially if the timeline is 8 years or longer.

correctus. I also lost a shit-ton of $$$ by trading.
Simple reason: Low Emotional Discipline

Trading is done right if you know what you are doing. which is really simple actually, keep an eye on their work. for example, in NASDAQ if melon husk makes a new deal which is sure moon shot. Atleast we get a few stars.

But..
BTC trading is different, since there are no public corporations who makes deal with other companies or in other words, they don't boast about their BTC accumulation.
Those who do - we all know it is fucking horse shit.

Why? Because we should look at their intent of doing it.

Look at the tones my friends. If you feel discouraged, it is so..

On a serious note,

https://bitcoin.org/bitcoin.pdf

this white-paper exists for a reason, so does other papers (eg: ETH Yellow Paper)

Cryptography is no joke.

There is no free priv-key, or in other words, there is no free meal.

I agree with JayJuanGee, since he is talking sense..

Read his posts, slowly..

[El duderino_]

CryptoJelle said
A clear path straight to 100 K
Just another noob.

[OutOfMemory]

You asked, I answered honestly... two times btw!  Don't be sad if the answer doesn't fit your narrative, or your wish to win an argument.

Sad?
Nobody died, so i'm not sad  
You avoided to correctly answer.
It's like:

"What would you call a man killing a man?"
"A man." (cos every man can kill a man?).

Well, if you call that honesty...
I call it avoidance.

Slightly pointing to JJG's remarks of Trump's convictions.
And Trump continues. Fucking with tarrifs using executive orders?

You're trusting an outlaw. That's the most intelligent thing i've seen, looking at history.
(not)  

[El duderino_]

https://x.com/BitcoinNewsCom/status/2013698932644196401?s=20

This is the most criminal law imo... hoping this will not be a trend.

[Tonimez]

I will own more BTC at the end of this year than I do now. Will you?

I am not still in my BTC accumulation stage, so I probably won't own more BTC at the end of the year.

Then STFU paper hands.

You are a BTC seller who is going to be selling the bottom of the cycle while criticizing those who sold the top. Your Bitcoin plan is to be a leech who sells BTC every year for the rest of your life while never supporting the market ever again. Keep it real.

I also understand that a person may reach his accumulation target and either reduce his DCA allocation to bitcoin or temporarily stop bitcoin accumulation or then retire to only buying dips because he feels he has achieved his accumulation target even though he is not restrained from changing his mind to accumulate more.

This does not absolutely imply that such investor is actively selling his bitcoin. Not all HODLers are still active in bitcoin buys because it's all personal and even though you are not buying more, at least don't sell.

[Paashaas]

Gold going parabolic.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

https://x.com/BitcoinNewsCom/status/2013698932644196401?s=20

This is the most criminal law imo... hoping this will not be a trend.

Huge protest going on against this absurd tax law. Proposal is still uncertain because it also needs to be approved both by the sanators in first camber and council of state members, not much enthusiasm among them either.

If and a big IF when approved than i and many other people will migratie to another country. I don't want that to be honest.

[El duderino_]

https://x.com/BitcoinNewsCom/status/2013698932644196401?s=20

This is the most criminal law imo... hoping this will not be a trend.

Huge protest going on against this absurd tax law. Proposal is still uncertain because it also needs to be approved both by the sanators in first camber and council of state members, not much enthusiasm among them either.

If and a big IF when approved than i and many other people will migratie to another country. I don't want that to be honest.

I hope it will be gone asap....

[JayJuanGee]

I will own more BTC at the end of this year than I do now. Will you?

I am not still in my BTC accumulation stage, so I probably won't own more BTC at the end of the year.

Then STFU paper hands.

You are a BTC seller who is going to be selling the bottom of the cycle while criticizing those who sold the top. Your Bitcoin plan is to be a leech who sells BTC every year for the rest of your life while never supporting the market ever again. Keep it real.

Yes.  It is too bad for you that you don't seem willing or able to understand what is overaccumulation status in the bitcoin world, perhaps based on your own failures to reach such status and/or your failure to understand anything other than ongoing degenerate gambling, which is not the same as investing.. but maybe you don't understand investing or want to understand the idea of investing.  Potentially, to the extent any of us can take you seriously in terms of your intentions not to mislead newbies, you think that bitcoin is something that normies are supposed to trade rather than invest into.

In my earlier post,  I had already given an example in which you could have had focused ur lil selfie a wee bit MOAR better in order to attempt to recover from your 2017 fuckups of selling too much BTC too soon, and within that example, you could have had accumulated 42.3 BTC between 2018 and 2020 and your average cost per coin would have had been $7,100 with $300k invested.  Surely not a bad place to have had gotten, even if you had ended up screwing up..

Accordingly if you were to have 42.3 BTC right now, and if you could have had stayed sufficiently disciplined to not be fucking around with trying to trade bitcoin between 2021 and present (which is of course a BIG ASK with your seemingly lack of discipline and perhaps an attention span of a gnat), you could be in a position, right now to be able to withdraw $243k per year (slightly more than $20k per month) and to increase the dollar amount of your withdrawals by 7% per year forever and ever and ever.

So do you think that there is a problem with an annual income of $243k with 7% increases in the dollar amount every year?  

Do you think that there would be any problem whether a guy in such "overaccumulation status" situation would be selling coin now at around $89k or at $126k or even at $57k if the prices were to go down to $57k? or at some other prices?  Why should anyone in such an overaccumulation status give too many shits about if they are selling their bitcoin high, low or in the middle if they have enough or more than enough bitcoin in order to draw that $243k income?  And, sure if the guy might be concerned that he would be selling too much BTC and that they withdrawal rate might not be sustainable, maybe he could reduce his withdrawal amounts to $200k per year for the first year in order to make sure that he is comfortable with the withdrawal amount being sustainable?.  Are those weak (paper?) hands to be selling the authorized withdrawal amounts at any price?  I have my doubts that those would be weak "paper" hands, but you can spin the matter as you like, which is a bit difficult that you are having so many difficulties understanding the concept of overaccumulation status in the bitcoin world and you somehow think that it is better to fuck around trading bitcoin rather than first getting to overaccumulation status before selling?

Sure, maybe you want more of a return within the hypothetical that I gave, or you could have had invested more into bitcoin than the amount that I mentioned?  I don't really know your particulars, yet I was using $300k based on some of your previous mentioning of numbers, and even if we might assume that you would have had been able to have an income of $100k per year in 2018-ish, then $300k would have been investing 3x your annual income within a 3 year timeline.

Sure, you can change the numbers of the example to adapt to your actual circumstances, yet if you were a guy who had accumulated that 42.3 BTC based on the circumstances that I had described with an average cost per BTC of around $7,100, then I really have trouble figuring out why you would be getting worked up about whether or not you would be selling any of your coins at the top, bottom or middle?

 Including your supposed concerns about me and my overaccumulation status and what I am doing and how I am managing my coins. Historically,  I had frequently proclaimed that my average cost per BTC was less than $1k - due to my own fuck ups when I could have had average costs per BTC of less than $500, yet I made my own fuck ups at various points along the way, too... even though I largely considered myself as having had reached overaccumulation status in 2015 that was enough for price-based sustainable withdrawal since the BTC prices were $250 and as the BTC prices ongoingly continued to go up after 2015 and sure with some corrections at various points along the way, and more or less I did not start time-based sustainable withdrawal until around 2022 - even though those 2022 withdrawals had their own self-imposed limitations based on the then price, so they did not really go into practice until a few months into 2023... .,and as many of us recognize and appreciate, BTC prices did not really go more than 25% above the 200-WMA until something like November 2023, so any time-based sustainable withdrawals that I made prior to November 2023 were reduced until the BTC price was at least 25% higher than the 200-WMA, which ended up happening around November 2023.

[Paashaas]

Both CME gabs filled and more longs liquidated.

Let's see how Trump behaves in Davos.

[OutOfMemory]

https://x.com/BitcoinNewsCom/status/2013698932644196401?s=20

This is the most criminal law imo... hoping this will not be a trend.

I would buy NL boating accident stocks now (if they existed)  

Calm down, there's more information in the tweet's thread, the bill is still reviewed, it may even not make it to a vote.

But the idea, in fact, is criminal. Taxing gains, not refunding losses, and refusing to accept BTC as money is so wrong in itself, the bill must come from stupid minds.
The latter is quite common, almost normal, in right-winged people. Does NL still have a rightist government? IIRC... Geert Wilders, i think?

https://x.com/BitcoinNewsCom/status/2013698932644196401?s=20

This is the most criminal law imo... hoping this will not be a trend.

Huge protest going on against this absurd tax law. Proposal is still uncertain because it also needs to be approved both by the sanators in first camber and council of state members, not much enthusiasm among them either.

If and a big IF when approved than i and many other people will migratie to another country. I don't want that to be honest.

You know, the EU and NL, as other member states, need moar money.
Probably, wildly raising tarrifs would be a genius idea, no?

 

Gold going parabolic.

Finally, but my gold holdings don't care. It's not only good news, though. Gold price rushes had often preceded times of crisis.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[bitmover]

I will own more BTC at the end of this year than I do now. Will you?

I don’t ever have to sell another satoshi. Do you?

Want to be a real Bitcoin bull instead of pretending? Maybe you should start off by being a net accumulator instead of planning to live the rest of your life as a leech on the Bitcoin market.

Trying to go off topic a bit, because I like this particular point:

If you dont have to sell another satoshi, why accumulate more?
When is the time to spend your money? I hope you are not waiting until you are in your 60s or 70s to spend it.
 
Because dying with all those bitcoins is just silly. Spending money is also an important point of lofe: money is a tool that can maximize our happiness and comfort and allow us to have amazing experiences

I think the withdrawal tool can be used as a guide in such direction

[wachtwoord]

[
The latter is quite common, almost normal, in right-winged people. Does NL still have a rightist government? IIRC... Geert Wilders, i think?

Wilders is extreme LEFT not right, that's just bullshit MSM spouts. Go read his party's program if you don't believe.

Netherlands has very little right but they like calling a lot of left right.

[Tonimez]

I will own more BTC at the end of this year than I do now. Will you?

I don’t ever have to sell another satoshi. Do you?

Want to be a real Bitcoin bull instead of pretending? Maybe you should start off by being a net accumulator instead of planning to live the rest of your life as a leech on the Bitcoin market.

Trying to go off topic a bit, because I like this particular point:

If you dont have to sell another satoshi, why accumulate more?
When is the time to spend your money? I hope you are not waiting until you are in your 60s or 70s to spend it.
 
Because dying with all those bitcoins is just silly. Spending money is also an important point of lofe: money is a tool that can maximize our happiness and comfort and allow us to have amazing experiences

I think the withdrawal tool can be used as a guide in such direction

In my own part of the world, 60 years is the official retirement age of every civil servant and some funds are deducted from the beginning of your career until you're 60 after which you are meant to start recieving your pension which was saved up. This too reflects bitcoin acculturation and HODLing until you are 60 years old. So it is not late to start spending at 60 because no one knows how soon he will die neither does anyone know how long he would stay. If you leave for 90 years, you spend for 30 years and if you have been actively spending without accumulation for the period of 30 years (let's use this @JJG's illustration using the 42.3BTC as a yardstick). If you spend $200k annually, from the age of 60, you would exhaust the entire stash in little less than 19 years (assuming bitcoin remains at $89k). At this exhaustion, you are only 79 years by then, so have you stayed too old to own a bitcoin? Don't you also wish to leave anything behind for your NOK should you eventually die off before old age?

I don't think that there should be much emphasis on selling off bitcoin when you are still less than 60 and in active service (could be business or civil service) as long as you still own an active source of income. At over accumulation stage, an investor may choose to end his accumulation process, but holding for a longer period could guarantee more profit and better old age experience because bitcoin should be a retirement plan.

[goldkingcoiner]

https://x.com/BitcoinNewsCom/status/2013698932644196401?s=20

This is the most criminal law imo... hoping this will not be a trend.

Oh no.. Boating accidents on the rise... Such tragedy, much loss. And that unrealized loss better get refunded. Ah who cares? Once people have had enough of being abused like this by their governments, they will simply stop reporting their crypto assets. Taxation is based on good faith. If they act in bad faith then people will do the same. What else can they expect?

Bitcoin is made by the people for the people. The government can only threaten and pretend to be in control, but ultimately.... Your keys, your coins. And good luck trying to sort out which wallet belongs to whom.