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

[JayJuanGee]

Veterans have red laser eyes for being red pilled.  

I think the laser eyes is really just redness from staring too long at computer screens watching the price. Maybe that’s just me.

Sure, we can have differing interpretations of the red laser eyes.  I have frequently prefered to consider them as a means of reminding us to keep our eyes on the prize and not to get distracted into shitcoins and/or trading rather than HODLing.

You seem to not understand (or agree) with those kinds of ways of thinking about and acting towards the management of your BTC holdings. To each, his own.

Honestly though, I haven’t even had my ticker going in my livingroom for months now so the price excitement has to be a bit muted at the moment. Not crazy high or low. Hopefully we get some real movement again soon.

I tend to have various displays of the BTC price - especially some of the older devices that might not be otherwise being used for things.. and some of my devices are quite old, so they might stop working when they are being repurposed largely just to display the bitcoin price within my surroundings.  At the same times,  sometimes I move things around, so then I might lose some repurposing and/or display possibilities.  I am not very good with smart TVs, yet sometimes I think that I could be using them a bit better and there were times that I did not have TVs at all, but then I realized that some of the smart TVs could be used as both TVs and as computer monitors... .but still a need for compatible equipment or the right kinds of adapters..

Bitcoin getting to $1 million "one day" is quite a vague prognostication too.

Probably the soonest scenario for bitcoin to go to $1 million would be around 6-ish months, yet I have a hard time believing that it is going to take longer than a couple of cycles for it to touch upon $1 million - even though staying there might be another thing and even though my projection of the 200-WMA (bottom price) ONLY first starts to show $1 million for the 200-WMA around late 2038 or early 2039, which seems like quite a while into the future, even though the 200-WMA tends to be thought of as a bottom price, too.

I am thinking bitcoin can achieve that in less than 20 years but if I am wrong and it takes longer, what that is necessary is that bitcoin price is not falling but remain a good asset that people can hedge against inflation while holding.

Sure.  It could take that long, but it seems like a very bearish scenario (and perhaps overly conservative) to think about bitcoin in those kinds of ways, even though I am surely not against the idea of having conservative expectations, so that if bitcoin ends up outperforming such conservative expectations, then such outperformance is like icing on the cake.

I have frequently told my own story in regards to my hoping (in late 2013) that bitcoin could average out a 6% or better CAGR since that seemed to have had been in the ballpark of on average what my prior (non-bitcoin) investments had gotten me in the prior 20-ish years.  I was also financially/psychologically prepared that bitcoin could go to zero, even though surely a 6-ish% CAGR may well ONLY outperform debasement by a few percent and ONLY result in a nominal doublings around 10-12 years of holding and/or investing into the asset.

But, yeah, it might be overly conservative, yet I will also say that it is good to have expectations of a variety of scenarios that could end up playing out in order that we have some general ideas about what to do, so that we do not end up panicking due to a lack of proper planning and/or setting of expectations.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Searing]

Bitcoin getting to $1 million "one day" is quite a vague prognostication too.

Probably the soonest scenario for bitcoin to go to $1 million would be around 6-ish months, yet I have a hard time believing that it is going to take longer than a couple of cycles for it to touch upon $1 million - even though staying there might be another thing and even though my projection of the 200-WMA (bottom price) ONLY first starts to show $1 million for the 200-WMA around late 2038 or early 2039, which seems like quite a while into the future, even though the 200-WMA tends to be thought of as a bottom price, too.

I am thinking bitcoin can achieve that in less than 20 years but if I am wrong and it takes longer, what that is necessary is that bitcoin price is not falling but remain a good asset that people can hedge against inflation while holding.

IMHO, long term...if we have a recession in usa (and world) IMHO ...HODL'ing or getting some BTC will, again, IMHO most definitely beat us bonds at 4-5% and also dollar rot

(down 10% this year) and inflation...if not....sh*t it will just go down like everything else or sideways...so I see little risk in btc compared to other assets.

So like the rest of you, struggling to get motivated/time to sell some stuff on eBay and Facebook marketplace to put it all (including tax/shipping and all of it as an excuse to have


less accounting hassle and motivation) into BTC dust on PayPal or Coinbase.

It seems a better way to piss away my fiat then on more 'stuff' right now...and cleans out my attic (I hope if motivation continues)

again, on my 'dubious' view that btc like from 2020 to 2025 could go up again 10x by 2035 or so. If I have to feel dumb about 'buying btc' vs feeling dumb about not buying

btc in retrospect from 2035...I'll stick with that latter....2035.

Then again, 2025 could look just 'dandy' in hindsight.

anyway with above you can only 'fail' upwards..less crap is always desirable....and btc 'dust' (a bit as such) is always a thrill to HODL

[Riginac111]

》《

You clearly have no idea who Tom Lee is - for me one of the most confused people who even speculate on cryptocurrency prices. A few years ago, he was often quoted on the forum until they realized that he had no idea what he was talking about.

Base on what you said that means Tom Lee is a wrong speculator, I have never come across of his speculation, when I saw the news it was surprised to me, for such analysis or forecast he made, that is why I brought it here, nobody knows how many persons Tom Lee has deceived with his false speculation.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

I would think if there was any truth to the Michael Saylor appearing on Joe Rogan rumors that were going around last week, we would see the episode air tomorrow. I honestly have my doubts though. Joe likes interesting people and while Michael Saylor is a lot of things, an interesting storyteller isn’t one of them.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

OK last one -

I'm in on this😁😁
I'm betting 0.0005  that BTC will reach ATH before April.

Last one..

hahahahahaha.

Early bird gets the work, so to speak.  

 

Lol...it's 'early bird gets the worm'...albeit a bird still has to do some "work" to get it.
Hmmmm

True, but the second mouse gets the cheese.

Or gets laid.

mice don't even like cheese too much...as one friendly mouse told me  ....they prefer bread, seeds, etc.
Re cheese...one may ask...is there cheese where mice usually live...like open fields, forests, etc?

I have alot of woods around and ever few years have to catch a family that decided my place was warmer that the outdoors and peanut butter has never failed to catch the fools that decided to enter the giants home.

having lived in an apartment in NYC and a serious mouse problem. Peanutbutter a snap style trap and thread are the way to get mice.

They can not resist the peanutbutter and when they pul the tangled thread to get it all the trap snaps and down goes the mouse.

I got 13 or 14 in two weeks and ended the mouse issue for keeps. Even got two on 1 snap.

Those were the days. 1987  to be exact.

Hah, teach me to post before catching up, yup Pbutter is the gold standard!

Was this a picture of the 2 you caught?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Mia Chloe]

OK last one -

I'm in on this😁😁
I'm betting 0.0005  that BTC will reach ATH before April.

Last one..

hahahahahaha.

Early bird gets the work, so to speak.  

 

Lol...it's 'early bird gets the worm'...albeit a bird still has to do some "work" to get it.
Hmmmm

True, but the second mouse gets the cheese.

Or gets laid.

mice don't even like cheese too much...as one friendly mouse told me  ....they prefer bread, seeds, etc.
Re cheese...one may ask...is there cheese where mice usually live...like open fields, forests, etc?

I have alot of woods around and ever few years have to catch a family that decided my place was warmer that the outdoors and peanut butter has never failed to catch the fools that decided to enter the giants home.

This is the craziest most hilarious thing I've seen this morning 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

OK last one -

I'm in on this😁😁
I'm betting 0.0005  that BTC will reach ATH before April.

Last one..

hahahahahaha.

Early bird gets the work, so to speak.  

 

Lol...it's 'early bird gets the worm'...albeit a bird still has to do some "work" to get it.
Hmmmm

True, but the second mouse gets the cheese.

Or gets laid.

mice don't even like cheese too much...as one friendly mouse told me  ....they prefer bread, seeds, etc.
Re cheese...one may ask...is there cheese where mice usually live...like open fields, forests, etc?

I have alot of woods around and ever few years have to catch a family that decided my place was warmer that the outdoors and peanut butter has never failed to catch the fools that decided to enter the giants home.

having lived in an apartment in NYC and a serious mouse problem. Peanutbutter a snap style trap and thread are the way to get mice.

They can not resist the peanutbutter and when they pul the tangled thread to get it all the trap snaps and down goes the mouse.

I got 13 or 14 in two weeks and ended the mouse issue for keeps. Even got two on 1 snap.

Those were the days. 1987  to be exact.

Hah, teach me to post before catching up, yup Pbutter is the gold standard!

Was this a picture of the 2 you caught?

1987 no camera film and it too much cold to go to a store to buy a disposable camera. So I dumped the two dead ones and set the trap again.

I had 2 traps which where blood stained by the time I got all 13 or 14 mice.

Never under stood why the dried mice blood did not scare the later mice.

BTW used peanut butter on squirrels also  works for them. Ground hogs prefer cantaloupe.

The ground hog traps were catch and release.

I would spray paint them with a spot of white and drop them in a park 50 miles away.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

 

[OutOfMemory]

I have alot of woods around and ever few years have to catch a family that decided my place was warmer that the outdoors and peanut butter has never failed to catch the fools that decided to enter the giants home.

Here too, and if peanut butter doesn't work: Nutella 

[OgNasty]

I’ve been watching Polymarket to see where the gamblers think the Bitcoin market will go. Interestingly, right now it is showing some wide results. It seems people are split on whether we are going to the moon or crashing before the end of the year, showing not many people believe we’ll be stable.

42% = >$130K
*22% = $90K-$130K
36% = <$90K

*inferred

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Riginac111]

OK last one -

I'm in on this😁😁
I'm betting 0.0005  that BTC will reach ATH before April.

Last one..

hahahahahaha.

Early bird gets the work, so to speak.  

 

Lol...it's 'early bird gets the worm'...albeit a bird still has to do some "work" to get it.
Hmmmm

True, but the second mouse gets the cheese.

Or gets laid.

mice don't even like cheese too much...as one friendly mouse told me  ....they prefer bread, seeds, etc.
Re cheese...one may ask...is there cheese where mice usually live...like open fields, forests, etc?

I have alot of woods around and ever few years have to catch a family that decided my place was warmer that the outdoors and peanut butter has never failed to catch the fools that decided to enter the giants home.

having lived in an apartment in NYC and a serious mouse problem. Peanutbutter a snap style trap and thread are the way to get mice.

They can not resist the peanutbutter and when they pul the tangled thread to get it all the trap snaps and down goes the mouse.

I got 13 or 14 in two weeks and ended the mouse issue for keeps. Even got two on 1 snap.

Those were the days. 1987  to be exact.

Hah, teach me to post before catching up, yup Pbutter is the gold standard!

Was this a picture of the 2 you caught?

This is Amazing, I can't hold my breath again hahaha

[JayJuanGee]

I would think if there was any truth to the Michael Saylor appearing on Joe Rogan rumors that were going around last week, we would see the episode air tomorrow. I honestly have my doubts though. Joe likes interesting people and while Michael Saylor is a lot of things, an interesting storyteller isn’t one of them.

Hard to take you seriously when you are making claims that Saylor is not interesting.. even if Saylor has already had a lot of mainstream press exposure (over the past more than 5 years), and even if we don't agree with everything about Saylor and/or MSTR, yet Saylor, MSTR and his path into various bitcoin derivative products has become a bit of a fabric within aspects of the bitcoin space for slightly more than 5 years, and surely influential in a whole variety of ways - whether good or bad might be another set of questions?

Saylor and/or MSTR has provided a lot of "interesting" frameworks to both view bitcoin (some of them already made by bitcoiners andor repackaged from time to time as his own) and Saylor has mostly been continuing to stay focused on bitcoin rather than shitcoins, even though he might have some shitcoin angles in connection to some of his various frameworks from time to time, too. .and including some of his discussion themes that are intention with direct usage of bitcoin rather than holding bitcoin through custodian and perhaps some problematic aspects to the honeypot angle of his (and his company's) amass of close to 700k bitcoin under his control through his company and even his having a personal bitcoin stash that might not be completely known..

Surely he and his team as been coming up with a whole hell of a lot of ways to expose himself and his company to more BTC, while at the same time trying to construct the various derivative products in ways that would attempt to incentivize various normies, status quo rich, institutions and or governments to get price exposure to BTC through such derivative products, while at the same time some folks might also consider his various derivative products to potentially be serving as potential attacks on bitcoin.. How could any of that be uninteresting for anyone who might attempting to objectively look at a situation rather than trying to put a seemingly nonsensical spin on the matter.  Whether we agree with Saylor or not, there are a lot of potential interesting angles in regards to both what he is doing and his ways of talking about bitcoin, the various products that he offers and even about macro and governmental and institutional angles about bitcoin.    

I would think that there are decently good chances that Joe would consider Saylor to have some interesting points - especially since ongoingly, Joe tends to come off as a bit of curious person, so it is hard to imagine that Joe would not consider some aspects of what is going on with Saylor and/or MSTR to be interesting, even though there could be some concerns (I would imagine) to work towards Saylor being ready and willing to interact with Joe rather than going down a monologue road, which sometimes he tends to do.. and in that regard it would seem that Joe would prefer interaction with his guests rather than letting his guests go on and on and on in regards to questions that might not have had been asked.