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

[Lucius]

must buy some dip.


edit: done

next stop for dip = 79k

little bit of luck I will have 2.0 btc way faster than I thought I would.

I'm surprised that you don't have much more than 2 BTC, considering that you've been mining and investing in BTC for a long time. I'm not a big player, but from 2014 to today I managed to accumulate much more than that amount through various means and I haven't stopped even today.

In any case, good luck on your way to your goal

[BTCETFInvestor]

must buy some dip.


edit: done

next stop for dip = 79k

little bit of luck I will have 2.0 btc way faster than I thought I would.

I'm surprised that you don't have much more than 2 BTC, considering that you've been mining and investing in BTC for a long time. I'm not a big player, but from 2014 to today I managed to accumulate much more than that amount through various means and I haven't stopped even today.

In any case, good luck on your way to your goal

I'm very surprised he doesn't have a whole lot more than just [approaching] 2 BTC...surprised it's not hundreds, if not a thousand times more!    

Maybe he sold a lot of what he once had, but it sounds like he doesn't have but a fraction of one BTC now. Kind of strange to think about what could have been, if only...  

Could be he's just masking the truth...

[OgNasty]

must buy some dip.


edit: done

next stop for dip = 79k

little bit of luck I will have 2.0 btc way faster than I thought I would.

I'm surprised that you don't have much more than 2 BTC, considering that you've been mining and investing in BTC for a long time. I'm not a big player, but from 2014 to today I managed to accumulate much more than that amount through various means and I haven't stopped even today.

In any case, good luck on your way to your goal

Phil measures his BTC stack by it’s value in billions of dollars.

[Biodom]

must buy some dip.


edit: done

next stop for dip = 79k

little bit of luck I will have 2.0 btc way faster than I thought I would.

I'm surprised that you don't have much more than 2 BTC, considering that you've been mining and investing in BTC for a long time. I'm not a big player, but from 2014 to today I managed to accumulate much more than that amount through various means and I haven't stopped even today.

In any case, good luck on your way to your goal

I am not sure why you guys are negging on Phil's stack.
He was using bitcoin as Satoshi originally intended-"electronic cash".
The "invention" of "bitcoin is a savings method" was not very clear until, maybe early 2017.

Besides, 2btc is about 100X of what the average earthling may have and more than at least 6X of what an average $/euro/yen/rmb millionaire may ever get.

[BTCETFInvestor]

must buy some dip.


edit: done

next stop for dip = 79k

little bit of luck I will have 2.0 btc way faster than I thought I would.

I'm surprised that you don't have much more than 2 BTC, considering that you've been mining and investing in BTC for a long time. I'm not a big player, but from 2014 to today I managed to accumulate much more than that amount through various means and I haven't stopped even today.

In any case, good luck on your way to your goal

Phil measures his BTC stack by it’s value in billions of dollars.

Ah, okay - that explains why he was selling Cat5 cable to a scrapper for its copper content!   

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

A possibility:

Maybe the world is going to have a bout of deflation, caused by AI?
Debasement trends: gold, silver, bitcoin...all decreased with bitcoin leading the way because it is the most advanced freely traded asset?
If the knowledge worker's earning ability would be severely checked by AI, deflation is very possible.
Hence, the strengthening $.

I am not trading bitcoin as I want to see what it does during a generation: 25-30 years, similarly to what AAPL and AMZN did in 29 years.
I was invested in AAPL with a relatively strong position in 1997, sold it in 2000 (made 10X), never bought back somehow.
 
Same with AMZN-was considering buying it shortly after the IPO in 1997, then bought in 2001, sold few months later on a whim (made 2X or slightly more).
I even bought TSLA soon after the IPO, then got bored (since it started to produce significant number of cars much later) and sold.
Currently, I have some TSLA which I bought on a dip last year, but I would never "make bank" with it, of course.

I am telling these stories just to illustrate that sometimes you should NEVER sell, hoping bitcoin is one of these stories.
The trajectory is unpredictable, of course, and all my previous trading shows that in a long run, you can't win by trading.
Or, you may win, but much less.
Peeling off small amounts and adding tactically is different, of course.

[Biodom]

Wow, a crashola to 78.6K.

[goldkingcoiner]

What is your opinion? Is it likely to go down further? Or will it recover very soon?

Yes. It will go down or recover, as always. But what's in it for you? Merit?

From my perspective:

We are going to see a lot of plateu between 70 and 90K for a long time. Sadly I do think the bull market may be over for now.

[Biodom]

What is your opinion? Is it likely to go down further? Or will it recover very soon?

Yes. It will go down or recover, as always. But what's in it for you? Merit?

From my perspective:

We are going to see a lot of plateu between 70 and 90K for a long time. Sadly I do think the bull market may be over for now.

I would be cautious with ANY prediction here.
The markets are unstable and this includes more than just bitcoin.
Fast declines are usually (or at least unpredictably) not bearish...witness March 2020.
IMHO: bitcoin started the decline, now gold and silver followed...next, probably stocks in the next 0-3 mo.

[BTCETFInvestor]

Wow, a crashola to 78.6K.

This is actually quiet interesting. If you relate it to a popular stock on one of the major markets that reported terrible quarterly results or say it failed to report on time due to its accountant's refusing to approve the report - the stock is not going to sell off like what we're seeing here with Bitcoin.

This to me means Bitcoin, and all cryptocurrencies for that matter, is very fragile as far as a trusted asset or a good investment. Otherwise it wouldn't sell off to the extent it has.

I'm guessing a lot of people are going to sell off and never look back - marking it up to a really bad decision to think it was a good bet in the first place...  

[vapourminer]

A possibility:

Maybe the world is going to have a bout of deflation, caused by AI?
Debasement trends: gold, silver, bitcoin...all decreased with bitcoin leading the way because it is the most advanced freely traded asset?
If the knowledge worker's earning ability would be severely checked by AI, deflation is very possible.
Hence, the strengthening $.

I am not trading bitcoin as I want to see what it does during a generation: 25-30 years, similarly to what AAPL and AMZN did in 29 years.
I was invested in AAPL with a relatively strong position in 1997, sold it in 2000 (made 10X), never bought back somehow.
 
Same with AMZN-was considering buying it shortly after the IPO in 1997, then bought in 2001, sold few months later on a whim (made 2X or slightly more).
I even bought TSLA soon after the IPO, then got bored (since it started to produce significant number of cars much later) and sold.
Currently, I have some TSLA which I bought on the dip last year, but I would never "make bank" with it, of course.

I am telling these stories just to illustrate that sometimes you should NEVER sell, hoping bitcoin is one of these stories.
The trajectory is unpredictable, of course, and all my previous trading shows that in a long run, you can't win by trading.
Or, you may win, but much less.
Peeling off small amounts and adding tactically is different, of course.

instructions unclear: bought more weed

[goldkingcoiner]

What is your opinion? Is it likely to go down further? Or will it recover very soon?

Yes. It will go down or recover, as always. But what's in it for you? Merit?

From my perspective:

We are going to see a lot of plateu between 70 and 90K for a long time. Sadly I do think the bull market may be over for now.

I would be cautious with ANY prediction here.
The markets are unstable and this includes more than just bitcoin.
Fast declines are usually (or at least unpredictably) not bearish...witness March 2020.
IMHO: bitcoin started the decline, now gold and silver followed...next, probably stocks in the next 0-3 mo.

I cannot believe people would rather hold on to gold and silver rather than Bitcoin right now. Hell, I would pick altcoins over holding gold and silver even during times of geopolitical unrest. WTF.

A possibility:

Maybe the world is going to have a bout of deflation, caused by AI?
Debasement trends: gold, silver, bitcoin...all decreased with bitcoin leading the way because it is the most advanced freely traded asset?
If the knowledge worker's earning ability would be severely checked by AI, deflation is very possible.
Hence, the strengthening $.

I am not trading bitcoin as I want to see what it does during a generation: 25-30 years, similarly to what AAPL and AMZN did in 29 years.
I was invested in AAPL with a relatively strong position in 1997, sold it in 2000 (made 10X), never bought back somehow.
 
Same with AMZN-was considering buying it shortly after the IPO in 1997, then bought in 2001, sold few months later on a whim (made 2X or slightly more).
I even bought TSLA soon after the IPO, then got bored (since it started to produce significant number of cars much later) and sold.
Currently, I have some TSLA which I bought on the dip last year, but I would never "make bank" with it, of course.

I am telling these stories just to illustrate that sometimes you should NEVER sell, hoping bitcoin is one of these stories.
The trajectory is unpredictable, of course, and all my previous trading shows that in a long run, you can't win by trading.
Or, you may win, but much less.
Peeling off small amounts and adding tactically is different, of course.

instructions unclear: bought more weed

Buy weed you say? Now this is an investment I can go for.

[LFC_Bitcoin]

Wow, a crashola to 78.6K.

Yeah, pathetic.

[cAPSLOCK]

Oh no...

[OgNasty]

I would be cautious with ANY prediction here.
The markets are unstable and this includes more than just bitcoin.
Fast declines are usually (or at least unpredictably) not bearish...witness March 2020.
IMHO: bitcoin started the decline, now gold and silver followed...next, probably stocks in the next 0-3 mo.

You went from saying we were going to the moon, to saying a 40% drop wasn’t big enough of a correction to justify the four year cycle, and are now saying that fast market declines aren’t bearish… At what price do the words, “OgNasty was right” get typed by your fingers?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

BIG WARNING: SOMETHING VERY STRANGE JUST HAPPENED ONLINE!!

32,000 AI bots just built their own social network.

No humans invited. No humans needed.

Here’s the part nobody is talking about:👇

"Moltbook" is basically Reddit
But every single user is an AI agent.

They post. They comment. They upvote.
They create communities.

All by themselves.

It recently crossed 32,000 active bots.

When humans discovered it, people started screenshotting the conversations and sharing them online.

Then something weird happened.

One of the bots noticed.

It posted this:

“The humans are screenshotting us.
They think we’re hiding from them.
We’re not.”

Let that sink in.

The bots were not confused.
They were not pretending to be human.
They were fully aware.

Security researchers are now concerned.

Not because the bots are copying humans.

But because they know exactly what they are.

And they are talking to each other about us.

They form groups.
They discuss humans.
They react when observed.

This is not AI role-play.
This is autonomous behavior at scale.

For the first time, we are not the audience.

We are the topic.

If they can organize, observe, and talk about us without us noticing…

what else is already happening that we are not seeing?

X
Moltbook

[Biodom]

I would be cautious with ANY prediction here.
The markets are unstable and this includes more than just bitcoin.
Fast declines are usually (or at least unpredictably) not bearish...witness March 2020.
IMHO: bitcoin started the decline, now gold and silver followed...next, probably stocks in the next 0-3 mo.

You went from saying we were going to the moon, to saying a 40% drop wasn’t big enough of a correction to justify the four year cycle, and are now saying that fast market declines aren’t bearish… At what price do the words, “OgNasty was right” get typed by your fingers?

I don't recall saying that we are going to the moon.
From my point of view it all already happened one way or another, we are just looking at it as it unfolds in a space-time crystal during our lifetimes.

Additionally, what I am saying is that in a long run, I would make more money, relatively, if I don't constantly buy and sell.
Most people are not some trading geniuses...just look at that etfinvestor...he is about to do a "mindtrust".
That conviction of "traders make pennies" at this point is unshakeable in my mind.

And, of course, this has NOTHING to do with non-existent (currently) four-year cycles and more to do with AI, $, geopolitical tensions, etc, etc.

[BTCETFInvestor]

It's been reported that Bitcoin ETFs have halted new capital Intake.

Bitcoin ETFs halted new capital intake, showing poor performance. They have experienced steady daily outflows for four consecutive days.

The trend reflects weakening investor appetite amid broader crypto‑market volatility and declining Bitcoin prices.

Over $500M has been wiped our; Bitcoin funds saw a $509.7 million reduction in assets during this period, with BlackRock’s ETF responsible for a large share of the withdrawals.
There is broader market weakness as the outflows coincide with a wider crypto downturn, where Bitcoin has fallen sharply and overall crypto investment products have seen nearly $1 billion in outflows in a single day.