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

So in summary your are saying by that image "fasten your seatbelts".
Because when that runs out of BTC all the pressure is gonna push the BTC price to the sky.

Nice to be part of this airplane to the sky, maybe i dont have a bussiness seat like Michael Saylor but im feeling comfortable from my economic seat. Grin

First. There is some validity to those theories about the disappearance of BTC from exchanges and from OTC desks, yet as the BTC price goes up, there are still going to be some folks who are willing to put their bitcoin in such places if they are given more money for them, and there will be guys selling at all price points on the way up, and surely some of them might ONLY be selling very small portions of their stash on the way up, too.

Second, we don't really need that many bitcoin in order to be in quite a good position, especially for guys who were accumulating prior to 2021, and who may well might have had largely finished their BTC accumulation prior to 2021, even as low as 10 BTC would put some of them in a position to either be at their entry-level fuck you status, or maybe within reach of being there within the next 2-4 years with the same BTC stash size which means that they don't even need to accumulate more bitcoin.

Surely the longer in the better, yet from your registration date, I see right around 28 months of your registration time on the forum, so unless you front-loaded your bitcoin investment or maybe you got into bitcoin earlier than your forum registration date, otherwise, I would think that most guys are better off to just keep accumulating bitcoin for a whole cycle or even more than a whole cycle in order to get to a sufficiently adequate BTC stash size so that they can sit back and relax. .yet you are implying that you are already at such stage of being able to sit back and relax - based on your already accumulated BTC stack size?

Hi JJG, well for sure im not in a place to sit back on relax, i want to mean that with my "economical seat" , but maybe my poor english limit it. When i mean i have a seat in the plane i mean im only in the boat of the person who are into BTC nothing more.

I have to keep working and acumulating it, i do DCA everytime i can.
Maybe im never reach the 1 BTC line, but well something is something.

That is not a problem. Thanks for clarifying. Each of us had started from somewhere in our bitcoin investment journey, and we surely have to figure out our own abilities to invest and try to stay within our own abilities. Surely nothing wrong with trying to be aggressive within our abilities as long as we do not end up overdoing it and then causing ourselves to get taken out of the game because we engaged in bad cashflow management practices or maybe we were trading rather than investing or perhaps fucking around with shitcoins rather than staying focused on accumulating bitcoin, so there are quite a few ways that we could end up going astray in our bitcoin investment journey, yet if you are saying that you are on the bitcoin train/airplane/boat or whatever, rocket, then that is fine even if you are in the economic section rather than first class and it is also fine if you are on the caboose or maybe you don't have a seat and you have to stand,

...but if you are continuing to build your bitcoin investment, then you are likely ahead of around 99% of the world's population who are still no coiners and/or low coiners, so there are ways you can continue to invest and to be as aggressively as you are able to be in your bitcoin investment without over doing it... Yeah, you might never become a whole coiner, but who gives a shit, since if you are building your bitcoin investment within your means, you are just doing the best that you can, and maybe at first you shoot for a million sats, then 21 million sats and then 50 million sats, and surely if you get to 50 million sats then you are half way to becoming a whole coiner, but it still does not matter, since you would still be investing within your own capabilities.

And by the way, you have more than a two year start to work towards getting to a whole coiner status as compared to some folks who are either just getting into bitcoin or they have not yet gotten into bitcoin, it could surely take quite a bit of money to just get to one bitcoin as that video that Biodom linked showed.

Quote from: philipma1957 on Today at 11:27:56 PM

Quote from: Ambatman on Today at 09:50:53 PM

ATH last week Wednesday
Upcoming this week Wednesday
We net gains - When next Day? ( pun seriously intended)

Not an Haiku obviously

but it deserves some kind of a name.

suggestions anyone?

Riddle or wannabe poem.