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

[somac.]

Brian Armstrong said that they are still discussing the Crypto bill and will be finalized next month.

Bitcoin pumps ---> portion of gold/silver moves into Bitcoin ---> retail fomo ---> Wallstreet and WO selling making a killing ---> retail fcked again -as always-.

Numbers could go from ~$200,000 to over $300,000.

That would be nice, especially if it is this year.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Brian Armstrong said that they are still discussing the Crypto bill and will be finalized next month.

Bitcoin pumps ---> portion of gold/silver moves into Bitcoin ---> retail fomo ---> Wallstreet and WO selling making a killing ---> retail fcked again -as always-.

Numbers could go from ~$200,000 to over $300,000.

I can’t imagine this happening suddenly, but it sure would be nice if it did before tax time. I really don’t understand where this trillion dollars is going to come from that everyone keeps saying will be injected into the market when the bill passes, but it would be a wonderful surprise to have the opportunity to find out.

[philipma1957]

Brian Armstrong said that they are still discussing the Crypto bill and will be finalized next month.

Bitcoin pumps ---> portion of gold/silver moves into Bitcoin ---> retail fomo ---> Wallstreet and WO selling making a killing ---> retail fcked again -as always-.

Numbers could go from ~$200,000 to over $300,000.

I can’t imagine this happening suddenly, but it sure would be nice if it did before tax time. I really don’t understand where this trillion dollars is going to come from that everyone keeps saying will be injected into the market when the bill passes, but it would be a wonderful surprise to have the opportunity to find out.

what are you talking about?

you don't see silver up 3+trillion in market cap since jan of 2025
you don't see gold up 15 trillion in market cap since jan of 2025
you don't see platinum and palladium up about 1 trillion combined since jan 2025

that 19trillion in metals profit.

in the history of the human race since 1800 metals drop back in under 2 years when profits are taken

So when people cash out their metal profits in 2026 or at worst 2027 money will flow to BTC

Hey did not I sell over 30k in copper and silver from sept 2025 to jan 2026 buying over 1/4 of a BTC

this is going to happen and happen soon. ( but soon is relative)  2026 to 2027 should cover the soon

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitHodlers]

My thought is that they don't really consider Bitcoin at all when they are doing geopolitics or dealing with other issues. I don't think they say there and wondering alright if we impose these tariffs will it have a negative impact on the Bitcoin market, or this most recent stuff with Greenland. They should consider it, but they aren't and they are just doing whatever they want. Obviously chaos is not yet favorable to Bitcoin as it is to gold, we are still young and find ourself in an ETF redistribution phase. However, with time even chaotic events like these will boost the price of Bitcoin as it does with silver. See we went down again primarily because of geopolitics as the stock market also went down due to these events!

Based on Trump's past patterns and behaviors that flip flop, it can be difficult to know if he might be doing some of these things to short term manipulate markets and/or surely he could be just using some of his own flip flopping as a kind of negotiations position, too.

I surely don't engage in any attempts to trade short-term BTC price moves, even though if the price goes down my buy order tend to fill and if the BTC price goes up my sell orders tend to fill.  Sure if a lot of the orders fill in one direction rather than another direction, then even I might become a bit anxious about the direction or even getting stuck in some price location that seems extreme.

As we were talking about this the past few days, he flipped the script again and paused the tariffs.  With that stuff I am tired too.

As the level of desperation goes up, states will increasingly consider going down these paths.  Trump is not immune to either employing draconian measures our other measures to try to co-opt bitcoin in a more friendly seeming way.

Of course, in the whole scheme of things we would like to have freedoms in regards to bitcoin rather than oppressiveness and/or even reporting obligations.

Taxing unrealized gains is just insane and causes unnecessary complexity, many states are becoming more desperate. They are already collecting enough tax money, but too much is being stolen.. but they always want more.

[BTCETFInvestor]

This is so fascinating to me.  There is only one way this plays out for countries that do this. And I'm not just talking about the Bitcoin part. Taxing unrealized gains on investments is a level of state robbery that we've never seen before. It will just drain people's accounts into non-existence.

So if this does indeed spread, if it can even be upheld in the Netherlands, my God, may someone see the light there. It's insane because it's going to wreck the economies of every country that tries to employ this kind of draconian bullshit.

For me the question is simple: If I can be taxed on unrealized gains in a year then... ok, fine.
So how do I file for a tax rebate/refund for unrealized losses?

The state is taxing my unrealized gains, thus they must also compensate me for my unrealized losses.

Right?

You'll get tax credits which are only forward usable for a couple of years.

nope nj says fuck you on all losses and charges

yet charges if there are gains.


this is all on realized losses or gains

Spoken like a IRS employee! 

[BTCETFInvestor]

this is all on realized losses or gains

Realized losses and gains are a different story; I get the cash and don't mind much paying taxes on the profits.

It's the whole "if you're up this year cash in some to pay us (wait, do you then have to pay more taxes on the amount you use to pay the unrealized gains?) but fuck you if you have losses thing.

yep that is NJ which is quite amazing, but I have been through it.

I deliberately created a 60k cap loss which the feds said okay and NJ is we do not care you can not  use it.

So when I took a 40k gain a year or 2 later there was zero fed tax and maybe 6% tax on it from NJ around 2400

Phil - Why would you 'deliberately' create a $60k Cap Loss?  Did it create a Cap Loss carryover in which $3k is used each year?  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

this is all on realized losses or gains

Realized losses and gains are a different story; I get the cash and don't mind much paying taxes on the profits.

It's the whole "if you're up this year cash in some to pay us (wait, do you then have to pay more taxes on the amount you use to pay the unrealized gains?) but fuck you if you have losses thing.

who sets your net worth anyway?

such as we have decided suddenly pine cones between 4-8 inches in length on a particular day in a certain part of the country/state/town are worth 25 thousand bucks apiece for a limited time that coincides with exact day of the net worth calculation and only then.  and dont worry we have arial photography of your properties we will calculate your unrealized gains on these pine cones for you...

ka-ching

[BTCETFInvestor]

New Bitcoin Whales Outpace Old Guard in $6B Supply Tug-of-War

Bitcoin’s large holder composition is undergoing a fundamental shift as demand from deep-pocketed new entrants promises to reshape power dynamics.

The new whale cohort, including corporations like MicroStrategy and Twenty One Capital, isn't composed of early adopters, but of institutional investors whose collective actions are creating unprecedented market pressure.

“We do not want the market to think and price us just as a treasury asset. That is not us at all. We are going to acquire as much Bitcoin as we possibly can,” Twenty One Capital CEO Jack Mallers said in an interview with CNBC in December.

Data confirms the significant scale of these new buyers, with Twenty One Capital holding 43,514 BTC worth $3.91 billion, according to Bitcoin Treasuries, making it the third-largest corporate holder.

U.S. spot Bitcoin ETF products have amassed $116.59 billion worth of Bitcoin, representing 6.5% of its $1.8 trillion market capitalization, reflecting the unprecedented scale of capital deployment these investors have.

There should be no denying how important spot Bitcoin ETFs are to increase the future price of Bitcoin! Already representing 6.5% of Bitcoin's market cap - when spot Bitcoin ETFs represent 10% of the market cap, the price of Bitcoin will have zoomed!  We should all hope investors load up on spot Bitcoin ETFs! I'm looking right at you, JJG - you gasbag...

►  https://finance.yahoo.com/news/bitcoin-whales-outpace-old-guard-050939709.html

[Mahiyammahi]

you don't see silver up 3+trillion in market cap since jan of 2025
you don't see gold up 15 trillion in market cap since jan of 2025
you don't see platinum and palladium up about 1 trillion combined since jan 2025

Always we had a discussion about Bitcoin Vs Gold now Silver is playing a role he can enter in this discussion.

In recent price surge in our local Market Silver price pumped 2x within 1 and half months time period.

Should we consider silver now a rival of Bitcoin?

My bags with Silver made 2x within this short period , who knew silver will pumped this much. I wish I had bought a bit more silver.

[philipma1957]

this is all on realized losses or gains

Realized losses and gains are a different story; I get the cash and don't mind much paying taxes on the profits.

It's the whole "if you're up this year cash in some to pay us (wait, do you then have to pay more taxes on the amount you use to pay the unrealized gains?) but fuck you if you have losses thing.

yep that is NJ which is quite amazing, but I have been through it.

I deliberately created a 60k cap loss which the feds said okay and NJ is we do not care you can not  use it.

So when I took a 40k gain a year or 2 later there was zero fed tax and maybe 6% tax on it from NJ around 2400

Why would you 'deliberately' create a $60k Cap Loss?  Did it create a Cap Loss carryover in which $3k is used each year?  

I mine and I de coined my self completed in 2022 in order to keep the mine afloat. I had 3 partners and to was the best way to keep the mine running.

I knew I would stack coins right after the sell off of coins via mining and they would begin at 22k

I knew I would sell off some at a profit and take advantage of those 60k losses against gains.

So far I sold off newer coins from 2022 mining and 2023 mining gaining 40k. which was not taxed and lowered the gain to 20k

on the federal label.  but the 40k in gains did pay about 6% in NJ because they are fuck you we make you pay on gains and do not let you take losses. (pretty fucking criminal if you ask me)

So today I now have 9 s21xp's paid off and 1 L9 paid off. they generate 3000-4000 a month pre power cost and power is 2300.

That's why I took the loss. I still can take 20k in sales gains this year if I want, no fed tax but NJ will charge me around 1200 in tax.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Cypra]

Not buying silver though it hit 3T,

Won’t touch bitcoin till it’s 30T.

Holding paper USD till it’s 2T,

Watching charts, I move how I please.

[Hueristic]

you don't see silver up 3+trillion in market cap since jan of 2025
you don't see gold up 15 trillion in market cap since jan of 2025
you don't see platinum and palladium up about 1 trillion combined since jan 2025

Always we had a discussion about Bitcoin Vs Gold now Silver is playing a role he can enter in this discussion.

In recent price surge in our local Market Silver price pumped 2x within 1 and half months time period.

Should we consider silver now a rival of Bitcoin?

My bags with Silver made 2x within this short period , who knew silver will pumped this much. I wish I had bought a bit more silver.

I think you stumbled into the wrong area.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

you don't see silver up 3+trillion in market cap since jan of 2025
you don't see gold up 15 trillion in market cap since jan of 2025
you don't see platinum and palladium up about 1 trillion combined since jan 2025

Always we had a discussion about Bitcoin Vs Gold now Silver is playing a role he can enter in this discussion.

In recent price surge in our local Market Silver price pumped 2x within 1 and half months time period.

Should we consider silver now a rival of Bitcoin?

My bags with Silver made 2x within this short period , who knew silver will pumped this much. I wish I had bought a bit more silver.

I think you stumbled into the wrong area.

yeah i use silver as a way to make cash to buy btc

he wants more silver to hold it.

its has always dropped back since 1800 AD.

It will drop back again.

[asUHWEceyc]

who sets your net worth anyway?

such as we have decided suddenly pine cones between 4-8 inches in length on a particular day in a certain part of the country/state/town are worth 25 thousand bucks apiece for a limited time that coincides with exact day of the net worth calculation and only then.  and dont worry we have arial photography of your properties we will calculate your unrealized gains on these pine cones for you...

ka-ching

Yup, real estate property taxes in the US are exactly like proposed unrealized capital gains taxes but even worse still: the government decides how much you've gained rather than via market pricing.

Sure, there are plenty of carveouts and exemptions, which were obviously instituted to stop the pitchforks, but theft that once surely seemed outrageous has been completely normalized, and proving lower value is at the "owner"'s effort and expense- not the taxing entity's.

Somewhat new and insidious would be the move for total registration of all personal value for later theft and third party transfer for $reason.