Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
ATH in the BTCTC pizza day seems awesome and poetic.
Someone says is Laszlo Hanyecz putting more orders to buy more BTC who is pushing the price upwards.
Thank you JJG and yes, im "new" and i try to buy everytime i can and also share with people here in the forum for example making this kind of contest. At today money is more than 1000 usd, and maybe in a few years some people is gonna see that and said "what look how much was at this easy and simple contest in this forum" and maybe im gonna regret dont having that 10mbtc, but at the same time im gonna feel like i made communitty and in someway i help to the adoption of BTC.
Someone says is Laszlo Hanyecz putting more orders to buy more BTC who is pushing the price upwards.
I tend to be more specific than that kind of a presentation.
It was hard to quote.120.000 just crossing the street. We can already see the 150k Avenue. And not so much behind i can see some trees from the 200k Central Park.
I dont have the better eyesight, can anyone depict what is that tower i just see in the horizon?
Well, there is ongoing buying too, especially for anyone in their first whole cycle. I have a hard time imagining guys with less than 4 years having had already reached overaccumulation status, including you Volgastallion.. you have ONLY been registered on the forum for a bit less than 2.5 years, so keeping on buying seems to be amongst the better of practices. And not so much behind i can see some trees from the 200k Central Park. I dont have the better eyesight, can anyone depict what is that tower i just see in the horizon?
Thank you JJG and yes, im "new" and i try to buy everytime i can and also share with people here in the forum for example making this kind of contest. At today money is more than 1000 usd, and maybe in a few years some people is gonna see that and said "what look how much was at this easy and simple contest in this forum" and maybe im gonna regret dont having that 10mbtc, but at the same time im gonna feel like i made communitty and in someway i help to the adoption of BTC.
For sure, many of us realize that it will be difficult to replicate the level of bitcoin's past price performance, especially the exponential nature of it in terms of percentage moves upward in relatively short periods of time, even though surely bitcoin's addressable market likely allows for another 10,000x or so in its price performance, even if it could take 50-200 years or longer to get to such fair market price levels.
In other words, in the meantime, it is likely good to keep on stacking bitcoin on a weekly basis if possible and also to whatever level of aggressiveness that you are capable of doing based on your discretionary income and other personal factors.
Each of us can ONLY start from wherever we are at and what we have, and surely sometimes there can be abilities to increase discretionary income by increasing income and/or cutting expenses, and so each of us is in a position to assess the extent to which we might be able to reasonably increase our discretionary income, that then allows us an ability to buy more bitcoin.
I will suggest that I don't really like it, since reality is better than exaggerating.. so I don't really like exaggerating.
A pizza in 2010 might have had been around $10.. but today in 2025, a similar pizza is probably around $30... so we know that with BTC prices today around $111,500, then 1 bitcoin would get us around 3,716 Pizzas... so that is already a greatly dramatic comparison point between 2010 and 2025 in and of itself.
Yeah, probably we could reasonably expect that in a 2-6 years we might be able to get 10x (which would be 37,160 pizzas) or even 20x to 50x (which would be 74,333 to 185,800 pizzas) to 100x (which would be 371,600 pizzas) or more pizzas with the same one bitcoin.
Y'all are mean. I was considering being with the guy, but I don't know what that means.
🤣
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His point was not bad in the referred to post, even though his style was a bit turn-off-ish.
we breached 111,000
nice.
Don't sell nor buy just Enjoy this moment. Bitcoin will be breaching 150k very soon. nice.
If you are directing your comment at Phil, then you are speaking to a brick-like wall. He cannot help his lil selfie to sell as soon as he sees some quantifiable level of appreciation..
That's why, even after being in bitcoin for more than 13 years, he hardly has any cornz relative to his time in service and how much time he has dedicated to bitcoin. Sure, he has made profits over the years, but peanuts relatively speaking, especially as compared with an investing and/or HODLing approach.
In other words, he still hasn't figured out:
1) how to accumulate bitcoin and to get himself to an actual overaccumulation status by focusing on bitcoin accumulation through buying,
and/or
2) how to stop himself from selling too much cornz too soon.. It is not good to be selling cornz prior to reaching an overaccumulation state, since that would be deemed as trading rather than investing.
It's annoying to look at substantial buys that trigger a ton of sells as soon as barely touching $112k right now.
A bit more momentum and shorts would be eaten up in a short while.
they cA bit more momentum and shorts would be eaten up in a short while.
Yeah, I had heard that there were quite a few shorts in the $109k to $112k price arena, and likely a lot of them will get wrecked if they do not close their positions, but still none of them want to close at a loss, either.. so perhaps they are serving as part of the fuel for our ongoing UPpity pressures.