Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I knew I should have sold everything the second I saw those dancing cows on stage…
The Bitcoin conference is bearish every year so we shouldn’t be too surprised with what we’re seeing right now.
The Bitcoin conference is bearish every year so we shouldn’t be too surprised with what we’re seeing right now.
You talk a BIG game by suggesting that it would be a good idea to fuck around with all of your stash in order to potentially to be able to pick up a few nickles in front of a steam roller.
Perhaps the reason you are still trading after around 14 years in bitcoin. Many of us learned - quite some time back - that trading bitcoin tends to not work out very well..
The thing to watch now is June 30th. Bitcoin needs to be over $100K on that date if we want to see a 4-year bubble top in September with MSTR being included in the S&P 500.
I don't see how their needs to be so much emphases in certain targets needing to be met at certain dates. For some reason I am not worried... I don't see any urgency.
You’d just need to hit 1 block…
Or you could just buy a lottery ticket. 
You could have had bought 3.125 bitcoin for a decent amount of time between February 2018 and October 2020.. perhaps for around $25k or less (for right around $8k each or less).
Right now with $106k-ish spot price bitcoin, a guy who had bought 3.125 BTC in 2018, 2019 or 2020 would be right around $306k in profits in regards to spot price (that is 3.125 BTC X $106k = $331,250 - $25k-ish for the initial costs)...and even if we were to use the 200-WMA (bottom prices) for our valuation of our BTC holdings, we would still be $125k-ish in profits.