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

[JayJuanGee]

-It's not biblical, it's my way of seeing.

Agreed.
Unless you want to have your beliefs shake rattle & roll, let’s not dive into that … yet.

Yeah. You need to get to know each other first.  #nohomo

been thinking if oGnasty is right and a four year cycle genius we stand a shot at page parity in the August to Oct 2026 time frame.

say 37000 to 39000

go oG go oG

Ongoing cheering for down shows your lack of "skin in the game," and surely each of us have made choices in the "skin in the game" department over the years.

Of course, "skin in the game" need not be a static thing, especially for trader twats who still proclaim themselves to be "investors"..

I am not even proclaiming the definition of trader versus investor to be without its ambiguity, especially edge cases, yet surely over the years, if guys had mostly errored on ongoing accumulation of bitcoin no matter the price and then mostly errored on the side of holding, then those would likely be the investors - even though investors will also shave off coin from time to time, and I am pretty sure that I have witnessed some investors also publicly cheering for down...  (and even, admittedly, without shame..  ).

Who was it recently that suggested that the sparkle fairy fashion a new wand  inspired by a recent hammer candle?
Well, she's been working on it evidently.

I want to strangle that little "tease."

37K would be nice. I would not bet on it but it would be nice.

NOT!!!!   

Apparently, you did not get enough time to stack dee cornz in the past 8.5 years that you have been registered here.

Let's say that you had an income of $50k per year, and you had invested the equivalent of 1.5x your income over the past 8.5-ish years, then you would have had invested $75k into bitcoin and you would have had invested right around $453 per week since August 2017.  That would put you at 11.05 BTC right now.  Sure, you might want more, but you really don't need more since you would already have enough to quit your job and to replace your job income with bitcoin passive income.

I understand that it is preferrable to have a bit of a cushion, yet you want us all to suffer so you can pick up another 0.05 BTC at $37k-ish?

[Hueristic]

37K would be nice. I would not bet on it but it would be nice.

Actually it would be cool if it insta dipped to 37k and immediately spiked to 137k !

[Ermaios]

One main macro problematic issue (IRAN) is starting to go away thanks to the United States and Israel -

… one micro insignificant problematic turd - you - Ognasty.BTCETF.cock.investor - will find it’s place, sooner or later.

- that is why BTC is moving up!

Eliminating further threat from Iran is good for the entire World 

Hitler tried to do good to the entire world, but failed miserably, because he was on a budget.
That said, I do not agree, with how that semi-Jew tried to pull it off, betrayed by his Jewish bankers and left to toast.
Therefore I must conclude that your Jewish-master Elon, must be on to something: make Israel great again in the moon, the arctic, or even better Mars & beyond, for this world has had enough with the chosen ones.

37K would be nice. I would not bet on it but it would be nice.

fuck off...

Here, have a little read:

I Do Solemnly Swear: How Profanity Has Taken Hold Of American Politics

That Newsom cunt again, the US next president by any standards.


Who can spot what’s missing in a blink:



The Transatlantic Divide In Language Learning

As for the “why”, well … you know the answer to that.

[psycodad]

I don't want to repeat myself, but this is not a war in the classic sense - what is happening in Ukraine is a real war. The US and Israel are conducting targetting exercises and testing new weapons, and besides wanting to change the regime in Iran, at the same time they are sending a message to China to look for oil elsewhere.

Not so sure if the CEO of Teint d'Orange Inc. really knows what he does there or has any sort of exit plan (or any plan at all) and I am also not sure about Irans capabilities to keep firing a few dozens missiles and drones a day for weeks or even months.
I hear a lot of rumours that the US military high ranks heavily warned against that operation, though of course that might be propaganda. I also hear rumours that US/Israel intercepting weapons (patriots, thaads etc.) will not last for weeks or even months, discussions around Ukraines demand for more of these showed that they already are on rather short supply worldwide. Simply put there are right now much more missiles and drones available than ammo to intercept them, that could bring a lot of players on the global stage onto some interesting ideas.

In any case, I am pretty sure that the real Dumbald did never read a line of Sun Tzus work, but I am pretty confident that his generals and Irans current leadership has (underestimating your enemy and all that). I am also sure that Russia and China have a certain smirkish grin on their faces right now. As in "loosing your trustworthy oil supplier is sub optimal, but having your enemy weaken himself is priceless".

From far away, the uninvolved observer could come the conclusion that we just watch two criminals mob bosses trying absolutely everything to avoid jail time (haven't heard about Epstein files sinces Saturday..). It's not like in previous attempts US initiated regime change in Iran did age too well for anybody.

Also, if the regime actually would collapse (which I would bet against in the short term), there would be millions of refugees, and guess where they would be going (pro tip: not the US or Israel). If the regime doesn't collapse it will become even worse for the innocent Iranian people.

It remains to be seen if this stays as contained as the markets seem to think. One way or the other we simple people will foot the bill for that nonsense anyway again - and the two aforementioned gangsters will have lined their pockets.

Still surprised and happy, that BTC was very resilient to this current crisis so far.
Now let's break convincingly above 70k and we can have some taste of cyclists bitter sweat  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

been thinking if oGnasty is right and a four year cycle genius we stand a shot at page parity in the August to Oct 2026 time frame.

say 37000 to 39000

go oG go oG

Page parity is crazy. I personally don’t think we will fall below $46,000, but we’ll see. Anything is possible.

I have made another monthly DCA purchase of 0.01810707 BTC for $1,247 @ $68,868.13 per BTC.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

you are putting molten gold into your teeth.  good luck with that .

It definitely sounds cooler that way. I’m really just trying to change the game and be the first guy to fall victim to a $5 pliers attack.

Gold in teeth secured. Bring on the pliers!



Not as exciting looking as one might think but maybe it’ll get someone to attend my funeral someday. I asked them if they could put Bitcoin in my teeth instead but they looked confused.

[philipma1957]

been thinking if oGnasty is right and a four year cycle genius we stand a shot at page parity in the August to Oct 2026 time frame.

say 37000 to 39000

go oG go oG

Page parity is crazy. I personally don’t think we will fall below $46,000, but we’ll see. Anything is possible.

I have made another monthly DCA purchase of 0.01810707 BTC for $1,247 @ $68,868.13 per BTC.

so in February I mined 0.0011x28=0.0308  cost was 2400 a loss of about 275usd

but I also got some doge and ltc worth over 325

so I spent 2400 for 2450 in coins as my feb dca.

not very good at all

[philipma1957]

-It's not biblical, it's my way of seeing.

Agreed.
Unless you want to have your beliefs shake rattle & roll, let’s not dive into that … yet.

Yeah. You need to get to know each other first.  #nohomo

been thinking if oGnasty is right and a four year cycle genius we stand a shot at page parity in the August to Oct 2026 time frame.

say 37000 to 39000

go oG go oG

Ongoing cheering for down shows your lack of "skin in the game," and surely each of us have made choices in the "skin in the game" department over the years.

Of course, "skin in the game" need not be a static thing, especially for trader twats who still proclaim themselves to be "investors"..

I am not even proclaiming the definition of trader versus investor to be without its ambiguity, especially edge cases, yet surely over the years, if guys had mostly errored on ongoing accumulation of bitcoin no matter the price and then mostly errored on the side of holding, then those would likely be the investors - even though investors will also shave off coin from time to time, and I am pretty sure that I have witnessed some investors also publicly cheering for down...  (and even, admittedly, without shame..  ).

Who was it recently that suggested that the sparkle fairy fashion a new wand  inspired by a recent hammer candle?
Well, she's been working on it evidently.

I want to strangle that little "tease."

37K would be nice. I would not bet on it but it would be nice.

NOT!!!!   

Apparently, you did not get enough time to stack dee cornz in the past 8.5 years that you have been registered here.

Let's say that you had an income of $50k per year, and you had invested the equivalent of 1.5x your income over the past 8.5-ish years, then you would have had invested $75k into bitcoin and you would have had invested right around $453 per week since August 2017.  That would put you at 11.05 BTC right now.  Sure, you might want more, but you really don't need more since you would already have enough to quit your job and to replace your job income with bitcoin passive income.

I understand that it is preferrable to have a bit of a cushion, yet you want us all to suffer so you can pick up another 0.05 BTC at $37k-ish?

how much skin should I have in the game ?

lets say zero debt

 I have a house
and fed bonds

so that's  off the board. (all my wife's funds legally not mine)

my wealth in my name is

1.5 btc
50k mining gear which will add around 0.3 coins this year.
50k cash
10k silver coins
  3k in other crypto

so I have 105k+50K=155k in btc and 63k in cash,silver and shit coins


 in my name

seems to me to be a lot of skin of my wealth

is directly tied to btc

about 155 of 218k = 71 percent of all my wealth

I dare say that is better than many people have in terms of percentages.

as for actual wealth 218k grand total at my age is not a lot.

[Paashaas]

$70,000+ BTC when i wake up in the morning.

Goodnight.

[philipma1957]

$70,000+ BTC when i wake up in the morning.

Goodnight.

good night.

my concern is for the sailors at sea facing missile attacks. along with all the people in range of missile attacks in Asia .

Here's hoping this calms down a bit.

but knowing the Donald he will be cranking it up a notch or two .

good luck to us all.

I live next to a soft target in the USA the city of Lakewood New Jersey (the most hassidic city in the western hemisphere by % about 80%)

I AM HOPING  for no bombings near me.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

Never thought I'd see the day that 69,420 was a resistance.

*we have strayed from the light.

[JayJuanGee]

been thinking if oGnasty is right and a four year cycle genius we stand a shot at page parity in the August to Oct 2026 time frame.
say 37000 to 39000

go oG go oG

Page parity is crazy. I personally don’t think we will fall below $46,000, but we’ll see. Anything is possible.

I have made another monthly DCA purchase of 0.01810707 BTC for $1,247 @ $68,868.13 per BTC.

At that rate, it is going to take you around 55 months to buy back your 1 bitcoin.

[edited out]

so in February I mined 0.0011x28=0.0308  cost was 2400 a loss of about 275usd
but I also got some doge and ltc worth over 325

so I spent 2400 for 2450 in coins as my feb dca.
not very good at all

If you are accumulating in the ballpark of 0.6 0.06 BTC per month, then within 2025 you might be able to accumulate 0.72 BTC.

You might well be able to get to a whole BTC prior to OgNasty.

[edited out]

how much skin should I have in the game ?
lets say zero debt

 I have a house
and fed bonds

so that's  off the board. (all my wife's funds legally not mine)

my wealth in my name is
1.5 btc
50k mining gear which will add around 0.3 coins this year.
50k cash
10k silver coins
  3k in other crypto

so I have 105k+50K=155k in btc and 63k in cash,silver and shit coins

Of course, it is a case by case basis, so I cannot say for you.

I frequently use an example of a guy earning $30k per year and investing $100 per week (that is 17.3% of his income).

So, yeah, at the rate of 17.3%, it might take 6-7 years to get to a point that he has more than 1 year of his income invested into bitcoin.  Investing tends to be a process that takes time and commitment.

in my name
seems to me to be a lot of skin of my wealth

is directly tied to btc
about 155 of 218k = 71 percent of all my wealth

Many guys are not going to have to put in at that level in order to end up potentially profiting at that level.  Frequently, it is better to havet he value in bitcoin due to appreciation rather than money that you put in.

Since about 2020, I have tended to suggest that guys invest 5% to 25% of their income into bitcoin depending on their bullishness, and so you would not necessarily need to invest at higher than 25% levels to have the potential for very great returns, yet even a guy who invested 25%, he would have put 1 year's of his income into bitcoin after 4 years.

So, even a guy who had an income of $50k, if he were investing 25% (or $12,500) per year from January 2020, he would have had invested around $240 per week and around $77k, and right now he would have right around 2.85 BTC, which is not a bad place to be, which also supports my ongoing assertion that building up bitcoin holdings is a process that tends to take time to build up.

I dare say that is better than many people have in terms of percentages.

as for actual wealth 218k grand total at my age is not a lot.

It can be a problem to put so much in at once rather than building it up with time, and surely many guys here already know that there can be frustrating periods, yet I would think that many of the guys who are at a good place with their bitcoin, they probably either put quite a lot of time building up their bitcoin holdings or alternatively, they front loaded their bitcoin investment, yet they still likely needed to let their investment ride for a while, such as more than a whole cycle, for the compounding effects to really have decent chances of helping them with their holdings.. such as how much they put in as compared with how much their holdings are worth.

Sure, we cannot go back in time, so we can ONLY go from where we are at versus where we wished that we were.  I tend to suggest  the 5% to 25% investment levels, yet guys still have to figure out their particulars in regards to how aggressive or how whimpy that they want to be...... Also if the guy is with a $50k income and he is choosing to invest $240 per week into bitcoin, then maybe he could be in a situation in which his income is close to $1k per week, and if his expenses are more than $500 per week, then he might not have enough income to be able to put $240 per week into bitcoin.  

Frequently as a default position if we were to assess that a guy has $1k in income and $500 in expenses, then he has $500 in discretionary income, and so perhaps 1/3 in bitcoin 1/3 in savings and 1/3 in discretionary spending.  Ultimately it is not good to over exert yourself, even if you might be attempting to be aggressive in your investment amount.

If you are already feeling that you are over invested, then you have to either cut back on the investment amount or stop putting in additional value... yet sure, you are saying that you want to get to 2 bitcoin by the end of this year, so on the surface, it seems a bit ambitious given your description of your finances.. and if you are 69, it seems problematic to be wanting to continue to grow bitcoin so much,.. so yeah.. you want to assess that you have skin in the game, yet you want whatever skin you have in the game to drop to "page parity".. $36k per coin-ish?  

It seems to me that, guys who have skin in the game would seem more inclined for prices to go up rather than down.  But, hey?, what do I know?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Who was it recently that suggested that the sparkle fairy fashion a new wand  inspired by a recent hammer candle?
Well, she's been working on it evidently.

I want to strangle that little "tease."

Rrddrrawww! 😸

But don't blame her for inheriting her creator's tendency to be pretty crappy at short-term predictions!

Even though you're being a little rude, she's still gonna aim some sparkles at you later because she still likes you in spite of it all.

(and later might be soon)

We (yes, Royal) have definitely been feeling a little tinglespark the last few days...  But let us not jinx it.
 

[philipma1957]

been thinking if oGnasty is right and a four year cycle genius we stand a shot at page parity in the August to Oct 2026 time frame.
say 37000 to 39000

go oG go oG

Page parity is crazy. I personally don’t think we will fall below $46,000, but we’ll see. Anything is possible.

I have made another monthly DCA purchase of 0.01810707 BTC for $1,247 @ $68,868.13 per BTC.

At that rate, it is going to take you around 55 months to buy back your 1 bitcoin.

[edited out]

so in February I mined 0.0011x28=0.0308  cost was 2400 a loss of about 275usd
but I also got some doge and ltc worth over 325

so I spent 2400 for 2450 in coins as my feb dca.
not very good at all

If you are accumulating in the ballpark of 0.6 per month, then within 2025 you might be able to accumulate 0.72 BTC.

You might well be able to get to a whole BTC prior to OgNasty.

[edited out]

how much skin should I have in the game ?
lets say zero debt

 I have a house
and fed bonds

so that's  off the board. (all my wife's funds legally not mine)

my wealth in my name is
1.5 btc
50k mining gear which will add around 0.3 coins this year.
50k cash
10k silver coins
  3k in other crypto

so I have 105k+50K=155k in btc and 63k in cash,silver and shit coins

Of course, it is a case by case basis, so I cannot say for you.

I frequently use an example of a guy earning $30k per year and investing $100 per week (that is 17.3% of his income).

So, yeah, at the rate of 17.3%, it might take 6-7 years to get to a point that he has more than 1 year of his income invested into bitcoin.  Investing tends to be a process that takes time and commitment.

in my name
seems to me to be a lot of skin of my wealth

is directly tied to btc
about 155 of 218k = 71 percent of all my wealth

Many guys are not going to have to put in at that level in order to end up potentially profiting at that level.  Frequently, it is better to havet he value in bitcoin due to appreciation rather than money that you put in.

Since about 2020, I have tended to suggest that guys invest 5% to 25% of their income into bitcoin depending on their bullishness, and so you would not necessarily need to invest at higher than 25% levels to have the potential for very great returns, yet even a guy who invested 25%, he would have put 1 year's of his income into bitcoin after 4 years.

So, even a guy who had an income of $50k, if he were investing 25% (or $12,500) per year from January 2020, he would have had invested around $240 per week and around $77k, and right now he would have right around 2.85 BTC, which is not a bad place to be, which also supports my ongoing assertion that building up bitcoin holdings is a process that tends to take time to build up.

I dare say that is better than many people have in terms of percentages.

as for actual wealth 218k grand total at my age is not a lot.

It can be a problem to put so much in at once rather than building it up with time, and surely many guys here already know that there can be frustrating periods, yet I would think that many of the guys who are at a good place with their bitcoin, they probably either put quite a lot of time building up their bitcoin holdings or alternatively, they front loaded their bitcoin investment, yet they still likely needed to let their investment ride for a while, such as more than a whole cycle, for the compounding effects to really have decent chances of helping them with their holdings.. such as how much they put in as compared with how much their holdings are worth.

Sure, we cannot go back in time, so we can ONLY go from where we are at versus where we wished that we were.  I tend to suggest  the 5% to 25% investment levels, yet guys still have to figure out their particulars in regards to how aggressive or how whimpy that they want to be...... Also if the guy is with a $50k income and he is choosing to invest $240 per week into bitcoin, then maybe he could be in a situation in which his income is close to $1k per week, and if his expenses are more than $500 per week, then he might not have enough income to be able to put $240 per week into bitcoin. 

Frequently as a default position if we were to assess that a guy has $1k in income and $500 in expenses, then he has $500 in discretionary income, and so perhaps 1/3 in bitcoin 1/3 in savings and 1/3 in discretionary spending.  Ultimately it is not good to over exert yourself, even if you might be attempting to be aggressive in your investment amount.

If you are already feeling that you are over invested, then you have to either cut back on the investment amount or stop putting in additional value... yet sure, you are saying that you want to get to 2 bitcoin by the end of this year, so on the surface, it seems a bit ambitious given your description of your finances.. and if you are 69, it seems problematic to be wanting to continue to grow bitcoin so much,.. so yeah.. you want to assess that you have skin in the game, yet you want whatever skin you have in the game to drop to "page parity".. $36k per coin-ish? 

It seems to me that, guys who have skin in the game would seem more inclined for prices to go up rather than down.  But, hey?, what do I know?

Well by prediction of page parity of 37,000 to 39,000 maybe I am looking to be bitchslapped by honey badger with a monster reverse move showing me to be the fool that I am.

[cAPSLOCK]

It seems to me that, guys who have skin in the game would seem more inclined for prices to go up rather than down.  But, hey?, what do I know?

Again...



I am fairly much unemployed, so i'll not likely be taking very many buying opportunities.

[cAPSLOCK]

I did have a brief but salient thought about why Bitcoin is performing better than almost anything outside of oil currently.

And it goes along with why gold continues to run as well.

If the United States is going to keep going like this in the Middle East, then we are guaranteed that a print is imminent.

That said, the partisan difficulty facing the Trump administration could cause the type of bills needed in Congress to authorize money for this action to be difficult to achieve.

On the other hand, it is around Israel, which pulls an interesting amount of bipartisan support.

For those that don't live here, it might surprise you how almost every issue in the United States really does fall down this dividing line that's like the grand canyon between right and left.  But throw Israel into the mix and its scrambles it all. You have all kinds of strange bedfellows then.