Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
An interesting thread on reddit:
https://old.reddit.com/r/fatFIRE/comments/1k6t3em/feeling_like_a_hack_retiring_at_38/
I feel like some people from around here contributed to it, perhaps
.
No names are named or implied in the above statement.
Still, many OGs seem to be selling out en large, like the dude who said that he bought a above $150 and liquidated everything at 64K.
My question is: why sell now, when there are gigantic buyers steaming toward buying everything is sight.
Coinbase wants to be a bank...at some point you might be able to place your btc with some respectable company and get maybe 1% a year divvy in bitcoin on your bitcoin.
Don't risk all, of course, but this beats paying cap gains tax if they exist in your jurisdiction.
Above is not an investment advice.
EDIT: sorry to distract ya'll from the informative coffee discussion.
https://old.reddit.com/r/fatFIRE/comments/1k6t3em/feeling_like_a_hack_retiring_at_38/
I feel like some people from around here contributed to it, perhaps
.No names are named or implied in the above statement.
Still, many OGs seem to be selling out en large, like the dude who said that he bought a above $150 and liquidated everything at 64K.
My question is: why sell now, when there are gigantic buyers steaming toward buying everything is sight.
Coinbase wants to be a bank...at some point you might be able to place your btc with some respectable company and get maybe 1% a year divvy in bitcoin on your bitcoin.
Don't risk all, of course, but this beats paying cap gains tax if they exist in your jurisdiction.
Above is not an investment advice.
EDIT: sorry to distract ya'll from the informative coffee discussion.
It can be amazing how retarded some people are when it comes to managing their bitcoin holdings in terms of selling large portions at once, as if there would be some kind of reward to build up our bitcoin holdings for 6-10 years or more and then to sell all of it... Just retarded... especially when bitcoin can be quite an amazing passive income source for anyone who has above his threshold income levels.. so for example a guy who has bitcoin that were purchased for $150 or anywhere in those lower 3 digit numbers, he could have had easily acquired more than 20 BTC, which surely would put him at default entry level fuck you status.
Another thing seems difficult to imagine that guys bought whimpily and then just held onto some small quantity of bitcoin for 10 years or more... so yeah, difficult to take those kinds of supposed investors seriously, when they do not even seem to understand the value of actually mostly holding their bitcoin and perhaps beginning to shave off small parts of it from time to time rather than selling all of it or close to all of it... but hey whatever guys are going to do their dumb shit..and then brag about it as if they were geniuses.
Back to $95,000.
Bears in disbelief, shorts getting destroyed. All the macro uncertainty caused by tariffs perhaps getting priced in.
April monthly candle now looking nice. We were literally at $74,000 a couple of weeks ago. We are up $20,000 from the bottom.
Good chance we start pumping properly soon, $150,000 - $200,000 in play. Let’s get it boys!
Bears in disbelief, shorts getting destroyed. All the macro uncertainty caused by tariffs perhaps getting priced in.
April monthly candle now looking nice. We were literally at $74,000 a couple of weeks ago. We are up $20,000 from the bottom.
Good chance we start pumping properly soon, $150,000 - $200,000 in play. Let’s get it boys!
Me smiling at bitcoin recent price ,
Bitcoin and fast price movement are five and six , just few days back bitcoin was at the range of $74k due to some disturbance in the market .
But now is around $95k , been a while have seen bitcoin at the Range of $100k , but now we will be seeing it soon again , then $150k-$200k ,
I don’t know if I should be happy or sad because i enjoyed buying bitcoin at cheaper rate , well LFG! ( Accumulatating still continues )
It is difficult to say why we needed to go to $74k, but we did go there, and yeah there is some typicality to have some kind of a Trump pump from November 5 to January 20.. and then a dump which mostly retraced, but not quite retracing all the way to the beginning of the pump, yet at the same time, it seems that quite a few folks must have had been tricked out of their coins, to the extent that we don't have fractional reserve going on... and I would like this bust of the fractional reserve players (perhaps looking at you Coinbase) to get wiped the fuck out on the upside, this time, rather than our 2022 bust that was wiping out several of the fractional reserve players on the downside. It seems that wipe outs of the fractional reserve dip twats could happen in either direction and wiping them out on the upside seems the more logical direction, at least that was how I thought prior to 2022.. even though it also kind of made sense the way that some of the fractional reserve twats were wiped out on the downside too (mostly in 2022.. with some additional fall out going into 2023.. even though the BTC price was generally rebounding by the time 2023 came along).
...Proving once again that we have an excellent and helpful community here, member hosemary explained how I can copy (and save) a QR Code for receiving addresses in Electrum's wallets. This allows me to just bring a few small pieces of paper in case I want to buy BTC "somewhere" without having to use a cellphone or computer.
I just downloaded Electrum a few days ago. Version 4.5.8 (latest). Anyone interested in the rather useful Electrum wallet and its capabilities can check that out (how to copy and save QR Codes) over at the Electrum thread I started earlier today.
I like Electrum for the below reasons:
1) You can make an Electrum wallet that uses "1xxx" addresses, (also "3xxx"), but you have to Google-search to find out how to do it as the default addresses are the "bc1q"
2) Electrum allows "batch payments" (sending BTC to various receivers in one transaction)
3) I downloaded the program onto flash drives as an executable that I can take with me when I travel (as long as someone will let me use their Windows computer), just in case
4) And, of course, the fact that you can create QR Codes that you can copy and then print onto paper
Like most of us, I like to explore easy-to-use wallets that have capabilities of interest. I am also pleased with my Trezor Model T and BitBox02 hardware wallets. Trezor also allows batch payments, but BitBox has QR Codes that you can copy (and then paste and print) and BitBox also offers "3xxx" addresses.
(Edited for clarity)
I just downloaded Electrum a few days ago. Version 4.5.8 (latest). Anyone interested in the rather useful Electrum wallet and its capabilities can check that out (how to copy and save QR Codes) over at the Electrum thread I started earlier today.
I like Electrum for the below reasons:
1) You can make an Electrum wallet that uses "1xxx" addresses, (also "3xxx"), but you have to Google-search to find out how to do it as the default addresses are the "bc1q"
2) Electrum allows "batch payments" (sending BTC to various receivers in one transaction)
3) I downloaded the program onto flash drives as an executable that I can take with me when I travel (as long as someone will let me use their Windows computer), just in case
4) And, of course, the fact that you can create QR Codes that you can copy and then print onto paper
Like most of us, I like to explore easy-to-use wallets that have capabilities of interest. I am also pleased with my Trezor Model T and BitBox02 hardware wallets. Trezor also allows batch payments, but BitBox has QR Codes that you can copy (and then paste and print) and BitBox also offers "3xxx" addresses.
(Edited for clarity)
I guess that you got so excited (who wouldn't?.. #justsaying) about the Electrum wallet topic that you forgot to put a link.. hahahahahahaha: here is a link to the hosemary post: "member hosemary explained how I can copy (and save) a QR Code for receiving addresses in Electrum's wallets."