Post
Topic
Board Speculation
Merits 3 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 07/09/2025, 07:04:08 UTC
⭐ Merited by AlcoHoDL (1) ,psycodad (1) ,OutOfMemory (1)
I tried to jump in and help... But even my unwavering hopefulness sometimes gets stomped. I sold a bit at 120 to get me through the next few months so I don't have to worry. But I blame LFC; it's all his fault!!! If so, at least again I am now shitposting with all my favorite degenerates. Even BTCETF (glad you stuck around)!!!
 There are so many things pointing upwards and onwards... The M2 guys will quiet down a bit now though... And at least we did not continue to dump hard. I still can't believe I am upset about six-figure pricing though!!!
 I do think it's time for a vacation, I forgot how taxing keeping up with all the noise really is.
BRING ON THE UMBRELLA DRINKS
K
Thanks, Hottiek!
Yeah, I'm a definite believer in Bitcoin and I fully expect it can add both a comma plus three additional digits to its current price in just five or 6 years, and to double from there in a few more years afterwards.

If you are definitely a believer in BTC, then why don't you actually own any?

You said that you own the BTC spot ETFs only.  That is hardly the same as owning BTC... even though it gives price exposure - and perhaps some ways in and out - even though you are not an actual owner in the BTC, and maybe you have not even read their contract terms sufficiently to understand what it is that you actually own in case shit hits the fan with their supposed custody of BTC to back your shares.

I invest in Bitcoin differently than the old guard miners that are so prevalent here with their strong opinions and their zealot behavior. As an investor with decades of experience I see no reason to lower the favorable expectation I have for Bitcoin's future or to reduce my investment in it for any reason - as I plan to only increase it even more... I have an excellent track record for good picks and I fully expect it to continue with Bitcoin...    

If you have decades of experience investing, then what the fuck took you so long to come around to bitcoin, unless you bought bitcoin earlier and then you sold them for ETFs, which does not make much sense or even sound like someone as intelligent as you seem to be wanting to make yourself out to be, as compared to some of us who might not be as smart as you... at least from your perspective.

 What a strange coincidence....-----x-----
Don't get distracted by gold.
It is an inferior product.
I like to watch some commodities referring to bitcoin, just like copper, gold is also used in the circuits of the boards...
...But in this case, it seems to me, that I saw an outflow of capital from one place and go to another. Perhaps a stock market investor, or a large miner who sees gold as a safe and non-volatile place to store their profits. investors tend to believe that gold is stable...,

Sure.  Gold has been pumping in recent times, but it likely is still not a good place to put your money, as compared to putting it into bitcoin.

Hopefully at some point you will figure that out instead of getting distracted.

Another thing is that if you have a long history of buying gold and you love it so much, then maybe you should still make sure that it is no more than 10% the size of your bitcoin allocation - and if you are brand new getting into gold, I see no reason to make it any more than 1% or 2% the size of your bitcoin position.. so that you can keep your focus,.. but hey whatever, you can do what you like in terms of choosing to invest into an inferior asset.... and sure it could be possible that gold will have some reasonable performance, yet if you are a long term investor rather than a trader, then maybe it is better to just skip gold all together.. yet of coruse, that is a personal choice, and you can suffer the consequences of whatever choices you end up making.


....Just today I was comparing the annual chart of the BTC MarketCap with the weekly chart of BTC prices, and I saw that until March 2025, the market cap was on average 2.09T and the price was at a top of 68K, now, that this week there was a drop in the BTC market cap to 2.19T and the price at a top of 110K, that is, the price practically has doubled and practically the capital is almost the same....

You might need to zoom out a bit more instead of getting caught up in short term distractions.

Sure gold has been doing relatively well in the past 9 months or so.. ..

...Taking trade declines is more difficult than knowing if we are at the top or at support, and looking at these things helps me a little in the declines to be taken, it doesn't mean that the declines will be right or wrong, but the decision is the hardest.
_____________________________---

I doubt that the decision is so difficult, but hey you decide what you like, and gold is not really a topic of this thread either...


___I need to agree with you once again on this point>>>
(----x----).. or trader kinds of ways of talking about bitcoin.
maybe even, i  prefer to see people who live in Bitcoin talking about,...

We don't need to agree, yet maybe you are wanting that we elaborate on talking about the difference between bitcoin investing and trading?

I doubt it is good to be trading bitcoin rather than investing into it, but people can do what they like.. and have fun staying poor if they are a trader.  Investors have quite outperformed traders, especially if we are talking over a couple of cycles, and it is probably going to continue to be true that investors outperform traders, but yeah, some folks cannot resist but to trade when they could have done quite well for themselves if they had mostly restrained from trading and emphasized on investing into bitcoin.

Well I am selling tons of copper

and kilos of silver

to buy more btc.

Should have had done that in 2022... and/or maybe you should not have had bought that crap in the first place  If you had traded that for bitcoin in 2019 or whenever it was that you supposedly became "more enlightened"** about bitcoin, that would have had probably been even MOAR better..

**Not that I actually agree that you are actually enlightened about bitcoin, even though you might have become more enlightened about bitcoin as compared to prior level of likely non-enlightenment.

**Note I also saw Biodom's questioning why the fuck you were in silver in the first place.. or that sometimes when you take a position, you need to see it through.. . yet surely bitcoin is a better long term play in most scenarios anyhow.. .even though somes times shorter term plays might not have bitcoin winning.  .

[edited out]
HEY!!! I'm not the one who brought it up - RIGHT?

You said that you were a man with good visions.. like a visionary.. .. and surely any of us should be careful when we are going down those kinds of self-descriptive paths... especially guys with your WO posting history.. unless you were merely trying to be funny in an ironic kind of a way.

I know that you have some humor in you, but at the same time, you have some stubborn seriousness as well.

Seriously.   

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

[edited out]
Yeah, go fuck your wall-o-text, JJG. If you did not want to discuss BSV, then why the fuck did you bring it up?

Perhaps I couldn't help my lil selfie?

Your fat lil picnic bear image reminded me of such.

 Tongue Tongue Tongue Tongue

Are you going to proclaim victim like BTCETFInvestor and assert that I entrapped you?

hahahahahaha

Nice to see you in these here parts, and you haven't lost your rambunctiousness.

I like all the corns. I hope they fork again so I can get moar new corn. Break all the things. There are no rules to this.

I doubt that there is any reason to get so excited, since I doubt that any new forks (if they were to happen) will end up working out as well as the Bcash fork.. at least for the bitcoiners.