Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by AlcoHoDL (1)
In no particular order, Honey Badger Buddy and the Wo have been made aware today that I am ready for that next bump and ATH
From my layman's perspective, I am pretty sure that the order is that the lower numbers have to be crossed before the higher numbers are able to be crossed.The middle is 65.30% alcohol or 130.6 proof
The one on the right is 70% alcohol which is 140 proof.
To be clear the one one the right only mentions 70% and fails to show the 140proof that it is.
Since you said "in no particular order," I was largely attempting to be a smartass and to proclaim (stating the obvious) that the BTC price would need to go up in an order from lower prices to higher prices, so that it would go from $123k to $129k to $130k to $140k.. The cornz would not change the order in which it goes up, so it would not matter if you try to present the matter in any "particular order," the cornz already has its own order when it comes to its price movements, in the event that it chooses to go up and through the various numbers on the lower end before arriving at the numbers at the higher end..
Mark Moss explains some math behind the $600K-1.4mil target by 2030 (or maybe even 2027) based on some btc/stable coin correlations.
https://www.youtube.com/watch?v=nUl_yJz66hE
Nice hopium.
Maybe @LFC would reconsider selling 25% at 150K
It gave me a pause, that's for sure.
https://www.youtube.com/watch?v=nUl_yJz66hE
Nice hopium.
Maybe @LFC would reconsider selling 25% at 150K
It gave me a pause, that's for sure.
Mark Moss is largely talking about prices for 2030 rather than LFC is talking about this cycle.. so I imagine LFC is thinking that he would largely be bought back in or else if he is not able to buy back in, then LFC would be going forwards with around 75% of his original BTC stash (or at least 75% of what he has now).. which does not necessarily seem unreasonable to sell around 25%, even though personally I would not sell so much, and I woudl probably spread out my sell orders a bit more.. but LFC had already thought through his bitcoin shaving expectations.
OT: That said, I switched all of my STRD to STRC at an opportune moment with a small gain...STRC is a partial replacement of a money market fund which is bound to start having a yield reduction soon, I suppose.
I also dabbled a small amount in MSTR and MSTY, both of which derped rather spectacularly.
...I have more patience for MSTR than MSTY, but maybe will wait a bit longer even on MSTY (the monthly divvy on that one was an incredible 5.9%, but stock declined 10% in the last couple of days, following MSTR).
I also dabbled a small amount in MSTR and MSTY, both of which derped rather spectacularly.
...I have more patience for MSTR than MSTY, but maybe will wait a bit longer even on MSTY (the monthly divvy on that one was an incredible 5.9%, but stock declined 10% in the last couple of days, following MSTR).
I am not tempted.. even though if I had a retirement fund that provided the option, I might consider dabbling.. Perhaps? I don't have any such account, so I am fine just sticking with my mediocre and boring bitcoin performances (or lack thereof).
Muh profits….
Your profits should be just fine... as long as you leave them in Bitcoin and don't do sometning foolish like investing them in fiat currencies.Don't invest in USD more than you are willing to lose.
the dollar is like toilet paper.
you do not invest in it.
you use it and flush down the toilet.
I have zero idea if El_duderino has 1000 btc and 100,000,000 dollars or less.
But to a certain degree I suspect he has f u amounts and is more or less lamenting that
the btc he has dropped 10% in value.
I hate to suggest what any guy might have, but if El Dude were to want an income of $80k per year with an increase of 7% per year into perpetuity, then right now the threshold level to accomplish that level of income would be 15.725 BTC. I doubt that changes in the spot price really affect the matter, since he can choose to withdraw some coins or not.
Now if he were to not quite be at that level of BTC, then he may need to have more, yet if he has more than that amount, such as 25 to 35 bitcoin, then he has a lot of cushion, and spot price should not effect him either. Of course, higher desired withdrawal levels requires higher levels of bitcoin. Right now bitcoin spot prices are 121% higher than the 200-WMA, so he would be authorized to withdraw up to 5 months of his normal monthly withdrawal.. and sure many of us want the BTC spot price to go to even a higher level.
By the way, I understand that a lot of us get distracted by spot price and we might even think that we need more bitcoin than we do in order to achieve some kind of sustainable withdrawal level.. but the numbers have come down dramatically through the years. On July 13, 2019, there was a need to have 200 BTC in order to have expectations of a sustainable withdrawal of $80k per year. Back then, the 200-WMA was only $4k, and now the 200-WMA is about $51k.. My how times change, and that is merely a 13x change, and I suppose many of us are expecting both the spot price and the 200-WMA to continue to go upward. Don't count me out of that, except sometimes BTC's spot price does not go up, yet on the other hand, the 200-WMA tends to always go up.. at least so far in bitcoin's history... Right now the 200-WMA is going up right around $50 per day.