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

[Hottiek]

I am pretty sure that BTCETFInvestor would have loved to have had his own day like that.. . .yet he is a bit of an ambiguous character in this whole scene.. which almost causes me to speculate that he might be engaging in his various drama pieces on purpose.

You should treat a Guest better than that! You know you were wrong to jump on the bandwagon. Don't you think?  

Last comment I am going to make on this: I have never looked into a person's post history. But now that I did, I don't know why I decided to even tried to white knight for him. All previous advice still stands; I just feel like I was yelling at the wall...


 Again, off topic... But with the current price action, does anyone know how long the M2 correlation theory will last? As the goalposts seem to keep moving back and forth. I am not even sure of an "exit plan" anymore, as I have only sold enough to cover my very basic lifestyle. But the plan always was when the time comes, try to shave off some to divest and hedge some of my gains. That being said, everything else looks so much worse in comparison... I learned my lesson trading alts in 2017 (still swallowing that pill), so I'm not looking to do that again (fool me once...you know). That being said, we're getting to the point where my supposed.63 bitcoin is borderline life-changing money, so why not shave off a bit to lock in profits? But to what the dollar looks so bad? Also, buying more strategy seems counterproductive... I feel I have finally gotten to a point that if I sell and can never buy back cheaper, I would be happy (we are way past Adams's 32k #). But then what do you do with all this dirty fiat??? Watch it lose value??? I mean, it's a great dilemma to have, but one I really need to figure out sooner than later. Or cry about another full bear, which I am not sure if I can handle. It's been so long that it kind of doesn't even seem real anymore... But it definitely has real-world consequences. Again, it's a wonderful position to be in, and I am grateful for it, but it definitely doesn't make anything any easier. I try to live life normally, pretending it's not there, but at some point we all have to live a little, right? I feel like this month is going to be the hardest yet...
 All that being said, I fully believe that the Number goes up forever (at least longer than I will be alive). This really is one of the only things I like about our current timeline we all have to endure!!!
K

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ESG]

There was a small M class.....

~

 The current predictions are: auroras visible as far south as Virginia, Missouri and Colorado.  As far as aurora australis, viewing is a possibility for New Zealand as well but the prediction as far as timing doesn't bode well for NZ as 2100UST is 0900 NZ time and the peak density will arrived at earth ~ 1100hrs NZ time so midday.  It's all about the arrival time though and the predictions can be off by quite a bit.

   I am very impressed with the advanced technology of these
 observatories and space agencies to predict these types of events.

   Earlier today I was going on social media here, and I saw this post,
 nothing relevant, but it complements the information>>>

     

Aurigid Meteor Shower Tomorrow Night! 🌠✨
On September 1, 2025, the Aurigids will peak, sending bright meteors streaking across the night sky.
Under dark conditions, you might catch 15–20 'shooting stars per hour'.
🔭 Best time to watch:
• After midnight until dawn
• Visible across the Northern Hemisphere
This rare annual display comes from the trail of comet C/1911 N1 (Kiess) — and it only lasts a short while.
Don’t miss the show!

[Biodom]

I am pretty sure that BTCETFInvestor would have loved to have had his own day like that.. . .yet he is a bit of an ambiguous character in this whole scene.. which almost causes me to speculate that he might be engaging in his various drama pieces on purpose.

You should treat a Guest better that that! You know you were wrong to jump on the bandwagon. Don't you think?  

I haven't tossed you into my ignore list because you show signs of thought, even though your social interaction skills need some work. Getting even the dude to reply that harshly is a first, I think. Any more bickering and you'll end into the pit. Deleting some more recent posts, besides the already deleted ones with your fake (or unverifiably honest) pics, won't help in my case.

I was thinking that he/she could be a teenager or a bot: emotional immaturity and other signs (like no sense of humor and, especially, self-reflection).
Deletion of older messages could be some sign, but didn't we have a VERY senior OG who deleted almost all prior messages and then re-appeared only to go away again (mostly).
Accordingly, BTCETFInvestor is not on my ignore..but only few people (entities) are.

My take is most "missing" people either got very rich off of bitcoin and don't care anymore (like that 80K btc seller) OR got so scarred by ups and down that they cannot take it anymore.

...But with the current price action, does anyone know how long the M2 correlation theory will last? As the goalposts seem to keep moving back and forth. I am not even sure of an "exit plan" anymore, as I have only sold enough to cover my very basic lifestyle. But the plan always was when the time comes, try to shave off some to divest and hedge some of my gains. That being said, everything else looks so much worse in comparison... I learned my lesson trading alts in 2017 (still swallowing that pill), so I'm not looking to do that again (fool me once...you know). That being said, we're getting to the point where my supposed.63 bitcoin is borderline life-changing money, so why not shave off a bit to lock in profits? But to what the dollar looks so bad? Also, buying more strategy seems counterproductive... I feel I have finally gotten to a point that if I sell and can never buy back cheaper, I would be happy (we are way past Adams's 32k #). But then what do you do with all this dirty fiat??? Watch it lose value??? I mean, it's a great dilemma to have, but one I really need to figure out sooner than later. Or cry about another full bear, which I am not sure if I can handle. It's been so long that it kind of doesn't even seem real anymore... But it definitely has real-world consequences. Again, it's a wonderful position to be in, and I am grateful for it, but it definitely doesn't make anything any easier. I try to live life normally, pretending it's not there, but at some point we all have to live a little, right? I feel like this month is going to be the hardest yet...
 All that being said, I fully believe that the Number goes up forever (at least longer than I will be alive). This really is one of the only things I like about our current timeline we all have to endure!!!
K

I thought about selling some, but then could not decide the "why" portion.
Converting btc to fiat feels a bit silly and I am in no need of a bigger house..at least, not yet.
One observation: the market feels a bit neurotic as far as the mood is concerned.
Maybe too much change (on the market and socially) is occurring too fast and the market has difficulty "digesting" the info properly.

[philipma1957]

I am pretty sure that BTCETFInvestor would have loved to have had his own day like that.. . .yet he is a bit of an ambiguous character in this whole scene.. which almost causes me to speculate that he might be engaging in his various drama pieces on purpose.

You should treat a Guest better that that! You know you were wrong to jump on the bandwagon. Don't you think?  

I haven't tossed you into my ignore list because you show signs of thought, even though your social interaction skills need some work. Getting even the dude to reply that harshly is a first, I think. Any more bickering and you'll end into the pit. Deleting some more recent posts, besides the already deleted ones with your fake (or unverifiably honest) pics, won't help in my case.

I was thinking that he/she could be a teenager or a bot: emotional immaturity and other signs (like no sense of humor and, especially, self-reflection).
Deletion of older messages could be some sign, but didn't we have a VERY senior OG who deleted almost all prior messages and then re-appeared only to go away again (mostly).
Accordingly, BTCETFInvestor is not on my ignore..but only few people (entities) are.

My take is most "missing" people either got very rich off of bitcoin and don't care anymore (like that 80K btc seller) OR got so scarred by ups and down that they cannot take it anymore.

...But with the current price action, does anyone know how long the M2 correlation theory will last? As the goalposts seem to keep moving back and forth. I am not even sure of an "exit plan" anymore, as I have only sold enough to cover my very basic lifestyle. But the plan always was when the time comes, try to shave off some to divest and hedge some of my gains. That being said, everything else looks so much worse in comparison... I learned my lesson trading alts in 2017 (still swallowing that pill), so I'm not looking to do that again (fool me once...you know). That being said, we're getting to the point where my supposed.63 bitcoin is borderline life-changing money, so why not shave off a bit to lock in profits? But to what the dollar looks so bad? Also, buying more strategy seems counterproductive... I feel I have finally gotten to a point that if I sell and can never buy back cheaper, I would be happy (we are way past Adams's 32k #). But then what do you do with all this dirty fiat??? Watch it lose value??? I mean, it's a great dilemma to have, but one I really need to figure out sooner than later. Or cry about another full bear, which I am not sure if I can handle. It's been so long that it kind of doesn't even seem real anymore... But it definitely has real-world consequences. Again, it's a wonderful position to be in, and I am grateful for it, but it definitely doesn't make anything any easier. I try to live life normally, pretending it's not there, but at some point we all have to live a little, right? I feel like this month is going to be the hardest yet...
 All that being said, I fully believe that the Number goes up forever (at least longer than I will be alive). This really is one of the only things I like about our current timeline we all have to endure!!!
K

I thought about selling some, but then could not decide the "why" portion.
Converting btc to fiat feels a bit silly and I am in no need of a bigger house..at least, not yet.

I have a sell ladder all the way to 303k

but it is not much of the hodl.

I only do the sell ladder to say I sold some at or near the top.

But I am still not where I want to be. In terms of stack

[Hottiek]

That's just it. I have been telling myself every cycle I am going to shave some off.... But the only viable option I can come up with is to "buy more." I am not greedy at all; I have no real responsibilities, no need for a bigger house or nicer car. And you can only buy so much Hookers and Blow... Now what??? As I am really not interested in trying to take over the world... Pinky and the Brain style...What else is there to do???
K

[d_eddie]

You and me both.
I think we just need a new mindset, and it takes a while to build that.

[bitmover]

That's just it. I have been telling myself every cycle I am going to shave some off.... But the only viable option I can come up with is to "buy more." I am not greedy at all; I have no real responsibilities, no need for a bigger house or nicer car. And you can only buy so much Hookers and Blow... Now what??? As I am really not interested in trying to take over the world... Pinky and the Brain style...What else is there to do???
K

retiring early is the greatest luxury there is.

I dont need a big house or an expensive car. But I want to Quit my job in the next few years while I am still young

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hottiek]

  I am lucky enough to have pulled that plug in 2017. I left my "work"/"career" and never looked back!!! decades before I was told that I was possibly going to be able to... Again, I am not greedy, and the .63 I may or may not have will cover me till I am long ded!

 The real mind fook is that even though percentage-wise it's just more of the same, doing nothing has inevitably been the best thing I could have done... So why is it so hard to just continue to follow the course??? The corn is still the same; I have actually decreased it over the years... but what that corn can do is beyond my wildest dreams... I can't begin to comprehend what it will be able to do in another 10...
CCMF
K

[Biodom]

That's just it. I have been telling myself every cycle I am going to shave some off.... But the only viable option I can come up with is to "buy more." I am not greedy at all; I have no real responsibilities, no need for a bigger house or nicer car. And you can only buy so much Hookers and Blow... Now what??? As I am really not interested in trying to take over the world... Pinky and the Brain style...What else is there to do???
K

retiring early is the greatest luxury there is.

I dont need a big house or an expensive car. But I want to Quit my job in the next few years while I am still young

Strangely, I never wanted to quit any job..hey, maybe I should make them fire me so I can retire
That said, some people take relative idleness in spades...going to gym daily, picking up new hobbies, volunteering, etc.
Somehow, for me, a regular job gives more structure to a daily life.

[WatChe]

Doesn't that sound a bit strange to you?  You are selling while are still accumulating.

And, sure maybe that will work for you since you are planning to sell with an expectation of being able to buy back more with the same money that you received from selling it.

Personally, I don't consider that to be a good strategy for guys who are still accumulating, even though I understand that guys do it and attempt to do it, and some of them are able to do o.k. with such a strategy and others would have had been better off to just stay focused on BTC accumulation.

You are taking chances, but it is possible that it could work out for you.  Perhaps.

Yet at the same time, if a guy is still in BTC accumulation phase, he is more assured to continue to increase his stash if he just stays focused on buying and perhaps to find money from other places when he wants to buy things.. . but yeah opinions will differ regarding these kinds of matters regarding the hows and the amounts to play with when trying to catch waves.

My humble submission is that in life we have necessities and it's up to you whether to full fill these necessities and live a good life or keep saving money. I need money for few things and I am glad that I have Bitcoin who helped me out. I told you I bought a new car just because my previous car was 16 years old and it's time to replace it. I recently installed solar system in my house and now I don't pay any electricity bill, my kids sleep in AC and don't have to worry about the electricity bill.

I can go for hodling but for that I have to make a compromise on these things.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Findingnemo]

That's just it. I have been telling myself every cycle I am going to shave some off.... But the only viable option I can come up with is to "buy more." I am not greedy at all; I have no real responsibilities, no need for a bigger house or nicer car. And you can only buy so much Hookers and Blow... Now what??? As I am really not interested in trying to take over the world... Pinky and the Brain style...What else is there to do???
K

Go and get married and that's it. You're done.


Permanent Bear market.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hottiek]

That's just it. I have been telling myself every cycle I am going to shave some off.... But the only viable option I can come up with is to "buy more." I am not greedy at all; I have no real responsibilities, no need for a bigger house or nicer car. And you can only buy so much Hookers and Blow... Now what??? As I am really not interested in trying to take over the world... Pinky and the Brain style...What else is there to do???
K

Go and get married and that's it. You're done.


Permanent Bear market.

NNNNOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO THANKYOU!!!!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Explanation
Chartbuddy thanks talkimg.com

124.5 to 109.2

is -12.289%

so do we go up say 109.2 to  136.04%

that would be +12.289% of the ATH

[serveria.com]

I thought about selling some, but then could not decide the "why" portion.
Converting btc to fiat feels a bit silly and I am in no need of a bigger house..at least, not yet.
One observation: the market feels a bit neurotic as far as the mood is concerned.
Maybe too much change (on the market and socially) is occurring too fast and the market has difficulty "digesting" the info properly.

Well, it's obvious - buying back later at a lower price. LFC_Bitcoin is my role model here. Apparently, the guy managed to sell near the top and buy back during bear, increasing his stash considerably. 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com