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

[cAPSLOCK]

Oy veh.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

I stopper worring at other people.
I have been talking about Bitcoin to my circle of friends for YEARS now.
Some have bought, some others haven't.
Better for us, the price is so low: we can still stack sats.

I never advice any of my friend to invest in Bitcoin not because I don't want them to grow but because I don't want to be blamed in case they didn't see desired results.

If you are "really a friend," then you have an obligation to mention it to them, and they can do with the information as they like.

Your mentioning it to them, and even telling them that bitcoin is a good idea does not cause you to be responsible for their choices (actions) or inactions.

You can also throw in a statement saying: "I am not at all responsible for anything you do (or not do) with the information that I provided for you. You are responsible for your own choices (actions or inactions) and the consequences, if any, from such."

Imagine you advice a friend and he buy Bitcoin when price was above 100k and now within 2 to 3 months price gone down to 70k.

There is a difference between advice and telling him.

Also, refer to the statement above.

I had a couple of people who were in the process of buying homes and/or considering buying homes (in around early and also mid-2025), and I told each of them that they should build up a bitcoin stash first.  I believe no one listened to me, yet if they did, they are still responsible for their own action or non-action.

Sure, there is some potential tension between me and such friend if they bought bitcoin (or even if they "bought BIG" based on my representation(s)).. but fuck them if they are not ready, willing and/or able to take responsibility for their own choices (actions/inactions).

We can understand this situation but the new ones see it from other angle. Thats why I focus on my Sats only.  

My perspective is that you are being irresponsible and "unfriendly" with your choice to hoard such information, to the extent that your perspective might be respected by your friend.

Now if you are doing it for your own privacy and/or security reasons (based on some characteristic of your friend) then that would be another story, and it may not be a good idea to share information with certain acquaintances (presuming they are not "friends." in any kind of a confidential sense).

[Biodom]

A simplistic "retort" to @AlcoHoDL  :

over medium,
but everyone has their style;
bitcoin goes higher

#a Sunday egg-fest haiku

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

I stopper worring at other people.
I have been talking about Bitcoin to my circle of friends for YEARS now.
Some have bought, some others haven't.
Better for us, the price is so low: we can still stack sats.

I never advice any of my friend to invest in Bitcoin not because I don't want them to grow but because I don't want to be blamed in case they didn't see desired results.

Imagine you advice a friend and he buy Bitcoin when price was above 100k and now within 2 to 3 months price gone down to 70k. We can understand this situation but the new ones see it from other angle. Thats why I focus on my Sats only.  

If your friends blame you in situations like that, you need better friends.. ones that take responsibility for what they do.

I talked about it with friends 8-9 years ago.
They are grown up people, hence I never inquire what they have done or not done.
Besides, some like bitcoin, some like stocks or PM.
One thing is for sure-you need to have assets while keeping some cash.
I keep most of it (single digit %) in money market funds (not in retarded stablecoins after the USDC near fiasco).
It produces some time gap, but I rather enjoy 3.75% vs 0.1% in the bank.
That said, Fidelity money market=cash as you don't need to go and "sell" it before withdrawal.

[philipma1957]

I stopper worring at other people.
I have been talking about Bitcoin to my circle of friends for YEARS now.
Some have bought, some others haven't.
Better for us, the price is so low: we can still stack sats.

I never advice any of my friend to invest in Bitcoin not because I don't want them to grow but because I don't want to be blamed in case they didn't see desired results.

Imagine you advice a friend and he buy Bitcoin when price was above 100k and now within 2 to 3 months price gone down to 70k. We can understand this situation but the new ones see it from other angle. Thats why I focus on my Sats only.  

If your friends blame you in situations like that, you need better friends.. ones that take responsibility for what they do.

I talked about it with friends 8-9 years ago.
They are grown up people, hence I never inquire what they have done or not done.
Besides, some like bitcoin, some like stocks or PM.
One thing is for sure-you need to have assets while keeping some cash.
I keep most of it (single digit %) in money market funds (not in retarded stablecoins after the USDC near fiasco).
It produces some time gap, but I rather enjoy 3.75% vs 0.1% in the bank.
That said, Fidelity money market=cash as you don't need to go and "sell" it before withdrawal.

Paypal pays 3.5% fdic instant access

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Omj1014]

Those $40k BTC bears are completely delusional while RSI already lower than Covid/FTX crash. Bitcoin will reach a new ATH this year,  just watch. The catch up will be biblical.


x

I stopper worring at other people.
I have been talking about Bitcoin to my circle of friends for YEARS now.
Some have bought, some others haven't.
Better for us, the price is so low: we can still stack sats.

When the weekly RSI is this washed out lower than even the FTX or COVID panics it’s usually the ultimate signal. Everyone is focused on the now, but they’re missing the massive divergence between global liquidity and BTC's price. That biblical catch up move is going to leave a lot of people behind. Keep stacking while it’s quiet.

[philipma1957]

as i mentioned earlier today my three predictions happened


gold dropped when it opened
silver dropped when it opened

btc went up with the gold and silver markets opening


seems obvious that the ten plus countries near iran 🇮🇷 do not want to hold physical items as they have zero protection from missiles.

we may now see a huge shift from metals to btc.

making four cycle believers weep in sorrow for dumping coins last fall.



as always or not.

but jjg does say btc is 1000x the value of gold.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

[cAPSLOCK]

You guys can discommunicate me from the thread when you're ready.

[philipma1957]

You guys can discommunicate me from the thread when you're ready.

She looks energized!

[BTCETFInvestor]

The Bitcoin network saw its 20 millionth BTC mined this week, leaving just 1 million coins left to be paid as rewards to miners.

The milestone has crypto industry observers taking stock of the rapidly changing Bitcoin mining industry, and weighing the economics of a shifting landscape against expectations of Bitcoin’s performance as an investment.

Mining companies help secure the Bitcoin network and verify transactions, expending large amounts of energy in a race to solve cryptographic puzzles in exchange for transaction fees and newly created Bitcoin as rewards. It’s taken miners 16 years to mine the 20 millionth coin from Bitcoin’s inception, but it could take roughly 115 years to unlock the remaining supply, according to Wolfie Zhao, the head of research at TheEnergyMag.

That doesn’t necessarily mean the Bitcoin mining industry will look the way it does for the next century. John Todaro, a managing director and senior research analyst at Needham & Company, expects many publicly traded miners to exit Bitcoin mining in 2027 and 2028.

“​​We believe a large portion of the public Bitcoin miners will sell down nearly all of their Bitcoin holdings before year-end 2026 as they embark on [capital expenditure] spend related to AI workloads,” he wrote in a recent note shared with Decrypt. In other words, Bitcoin mining companies are pivoting to AI.

All the publicly traded Bitcoin miners the firm covers have allocated a portion of their compute power to high-performance computing, or HPC, and AI. It’s a shift that’s been going on for years.

And it’s easy to see why, he added.

“Stubbornly low hash price combined with the upcoming 2028 halving presents a concerning environment for Bitcoin mining operations,” he told Decrypt. “Many operators are at or near breakeven costs today, while NOI margins in HPC are north of 80%.”

NOI refers to net operating income, which measures revenue minus operating expenses, excluding financing costs and taxes. So it stands to reason that mining firms are adjusting their revenue split to favor better margins.

Ross Gan, the chief communications officer at Bitdeer, told Decrypt the firm has Bitcoin’s technological infrastructure in its DNA.

Bitdeer, the Singapore-based miner led by Bitmain co-founder Jihan Wu, illustrates the fork in the road facing the industry. Wu helped industrialize Bitcoin mining in the first place—Bitmain, which he co-founded in 2013, once controlled roughly three-quarters of the global market for Bitcoin mining chips. Now Bitdeer is converting several of its facilities into AI data centers while simultaneously developing its own next-generation mining hardware.

► https://finance.yahoo.com/news/bitcoin-hit-major-milestone-most-140730017.html

[philipma1957]

Hash won't crash just yet.

As price relief is on the way.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BTCETFInvestor]

Hash won't crash just yet.

As price relief is on the way.

Phil - Give me your 'price relief' prediction (both in price and time) BTC mining maestro!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com