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3881  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2019, 01:59:39 AM
I feel like I'm getting deja vu now. It could just be due to alcohol, but what if $6,430 was the low? I remember when $3,130 didn't look like the low either. It also looked like we'd probably go lower, due to the technicals. Now $6,430 doesn't look like the bottom as well. Maybe we don't get obviously defined bottom, yet again.

https://www.tradingview.com/chart/BTCUSD/lfSA4LWe-BTCUSD-Measuring-The-Move-of-the-Descending-Triangle-Breakdown/
I've said it multiple times, I think we're going lower, to the $5k area, but that also this could actually be the bottom.
Compare it to the 2014 bear market. It looks a lot like it.



Maybe it does or doesn't, but the timing is all wrong.
I would stick with S2F until it is proven wrong (or not!)
3882  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2019, 04:06:29 AM

Are you actually stealing some of my future bitcoin addresses (and Bitserve's too?)

Well you could use them too, be he has the priv keys Smiley

there has gotta be some inability to reuse them too once you generate the addresses, right?  

Nah..
Everyone can still use these keypairs but you won't be the only one that can..

Makes me wonder if collisions are more likely for generated addys..
Prolly not by much enough to make a difference to lowly human technology..




Timestamp:


Could be a long bearish yet ahead, ....  but halving incoming..

<<<<<<<<<<< Notice the last ATH of $1,200 dwarfed...
Over and over and over



I dislike vanity addresses because they actually decrease that particular wallet security.
Re charts-linear charts do look like crap. We should look only on log charts on the longer time period.
I am quite curious as to where we would end up on Dec 31. however, it does not matter much since if we are not going up significantly in the next 10 days or so, the most likely scenario would be bottoming at the lower levels in January.
Still not trading it.
3883  Bitcoin / Hardware / Re: Bitmain introduces the Antminer S17 Pro, Antminer S17, and the Antminer T17 on: December 20, 2019, 03:55:40 AM
yeah, they asked me too.
be smart, though, and call it in instead of replying to the email.
Once they have your info, the following shipments (at least to the same address AND adressed to you) are automatically cleared.
It is only for China shipments.
3884  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2019, 12:25:48 AM
CR7 took his cue from bitcoin...what a crazy jump+levitation. wow.
3885  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2019, 11:41:26 PM
Good buying right now given we are finally undershooting the fractal.  



Thanks for TA, but it is not a fractal since nothing here is recurring (so far) vs 2015-2017.
Everything is just random move, albeit i can give you one fundamental that was critical, IMHO, in stopping the bull run in the summer and it starts with F, not a T.

BTW, my end of the year game entry is quite possible since we are still descending.
Disgusted by seemingly pitiful year end.

No commonality here at all.



Well, if you take an average of two numbers, then the data point would be in between, right?
We had a huge run from 3K to almost 14K in 2019. Nothing like this exists in 2015.
BTW, I am not trying to argue your TA away. I am js that we are in the uncharted waters.
3886  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2019, 11:04:24 PM
A bit early, but am I looking at a double bottom...

Or is it just the desire to see something to lift my... spirits?



we could bottom at around 5K (optimistically), if we go below 6.1-6.2K.
On the other hand, we can just bounce off of 6.5K and travel north.
I am not sure who is selling a nicely appreciated asset before the year end.
It's not a typical behavior.
3887  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2019, 10:55:25 PM
Stock to flow reductio ad absurdum

https://twitter.com/digitalikNet/status/1207032051779674112

I around 2041 any schmuck with 0.1BTC is a billionaire, lol.

Which is the reason stock to flow model does not predict the future price. It just does... until it doesn't.

We would be *extremely* lucky if it does for another cycle.

We would also be lucky to have a model that works as good as stocks/bonds or RE 'models' worked for the last 90-100 years or so.
Right now all btc models are lacking. Maybe the best would be neural network/Deep learning.
3888  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2019, 10:46:43 PM
Stock to flow reductio ad absurdum

https://twitter.com/digitalikNet/status/1207032051779674112

Around 2041 any schmuck with 0.1BTC is a billionaire, lol.
3889  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2019, 10:00:14 PM
Good buying right now given we are finally undershooting the fractal.  



Thanks for TA, but it is not a fractal since nothing here is recurring (so far) vs 2015-2017.
Everything is just random move, albeit i can give you one fundamental that was critical, IMHO, in stopping the bull run in the summer and it starts with F, not a T.

BTW, my end of the year game entry is quite possible since we are still descending.
Disgusted by seemingly pitiful year end.
3890  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2019, 04:50:34 AM
Am I too late for the WO dump panic? I'm sorry, I know its tradition... Cry

*ahem*

OH NO BITCOIN IS GOING DOWN OH SHIT OH SHIT OH SHIT ITS OVER! 3K SOON!!1 *hands start shaking* Roll Eyes



lemme reach for that accidental 100X long/short button... which one would be proven right short term, though?
3891  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2019, 04:08:39 AM
I have to admit that I don't understand current markets, which now include bitcoin as well.
The linear btc chart makes absolutely no sense.
The log chart makes some sense still, not sure how long this would last, perhaps not too long.
The whole "crypto" system is undergoing something of a slow motion collapse in price, it seems, despite nominally positive news.
I am a big btc proponent, but I don't believe that btc would survive if everything else crypto-related completely fails.

The fiat system currently look victorious and marvels at it's ability to "print" money on a whim with nary any consequence, but we all know that it is really a mirage, but in one's lifespan such mirage can last essentially forever.

We shall see. No jerky buying/selling moves.



Of course, none of us has any kind of clear theory, but seems that shitcoins can get purged of a decent amount of excessive calue, and could be that altcoin season comes in a different kind of way (and to different shitcoins) than it had come in the past.  

I doubt that a shuffling and purging of value in shitcoins really undermines bitcoin.  There are likely always going to be some shitcoins, but do they really need to not be punished from time to time for their level of dumb?

  You think all that bullshit de-fi and other nonsensical network effects cannot get taught a lesson with their dumbass investing into projects that are built on the foundations of a shitcoin (ethereum 1.0, 2.0, or whatever other phone baloney layers of confusion they are propagating)?

I doubt that bitcoin is going to die from such ongoing and potentially heavy shitcoin purging that also might even purge a decent number of bitcoin investors, too.

Is there a single internet company/stock?
There is no ecosystem consisting of one entity...the only one was depicted in sci-fi "Solaris" (the book, not the US movie, which mostly sucks).
Multiple entities (i don't care how you call them) provide the gamut of ideas on how to move forward. The whole field benefits.
3892  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2019, 03:54:16 AM
I have to admit that I don't understand current markets, which now include bitcoin as well.
The linear btc chart makes absolutely no sense.
The log chart makes some sense still, not sure how long this would last, perhaps not too long.
The whole "crypto" system is undergoing something of a slow motion collapse in price, it seems, despite nominally positive news.
I am a big btc proponent, but I don't believe that btc would survive if everything else crypto-related completely fails.

The fiat system currently look victorious and marvels at it's ability to "print" money on a whim with nary any consequence, but we all know that it is really a mirage, but in one's lifespan such mirage can last essentially forever.

We shall see. No jerky buying/selling moves.
3893  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 15, 2019, 04:15:01 AM
a-hole is the first thing that forms during human embryonic development [in scientific terms it is called a primary blastopore].
3894  Bitcoin / Hardware / Re: Special thread concerning bitmains coupons refunds discounts. on: December 13, 2019, 11:52:00 PM
purely anecdotally, S17, S17pro (even more so) and even T17 are locking up in colder temperatures, maybe a thing to consider if you are using ambient air and are in the Northern hemisphere. I am done ordering and unlikely to resume, unless they give me a huge discount.
3895  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2019, 12:20:20 AM


https://twitter.com/BTCarchitect/status/1204497761472786439?s=20

Which road will we follow  Roll Eyes Roll Eyes Or something completely different?  Cheesy

Interestingly, both of his scenarios do not violate planB scenario as presented (further analyzed) by @phraudsta:
https://twitter.com/phraudsta/status/1204370743976284160
3896  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2019, 11:07:56 PM
Real Matic (soccer player) should sue, lol.
3897  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2019, 10:56:15 PM
I am curious as to what is the price level (low or high) where 70-90% of WO sell the majority of their stake.
It would be an interesting topic to ascertain if people would be truthful in their answers.

The most drawdown in a large cap stock I had ever seen was AMZN from intraday high $113 on Dec 6, 1999 to $5.67 on Sept 24, 2001, almost exactly 95% decline in approx 22 mo.

We already had this kind of decline after the first "bubblette" in 2011, but from a purely theoretical perspective, it would be (in the current cycle) from 20089 on Dec 17, 2017 (using yahoo historical data) to about $1010 sometime in the next 5-6mo (timing is already off).
I know that these are crazy numbers, so I don't even want to give a probability of such event.
In all likelihood the modified planB "box" at the halving between 3k and 18K should hold true.

My last buy was about $7100, so above are just theoretical musings.
3898  Bitcoin / Hardware / Re: Special thread concerning bitmains coupons refunds discounts. on: December 10, 2019, 10:13:30 PM
Another T17e shipped today, ordered in September.
They did not adjust the invoice for the second time (apart from what they did initially), price on invoice still $1133 plus shipping.
Tax $350 to US.
3899  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2019, 06:15:32 PM
Some variations that have made the PlanB model. It catches my attention because PlanB liked it.

Quote
For this, i calculated the vecm for each month and took the confidence intervals from the models. for the forecast part, i used the confidence interval from the last model. this last part is the interval given by exp(-2.443379)*sf^3.189581,  exp(-2.443379)*sf^3.713882.
 
Quote
here. I plotted the CI expansions for each VECM snapshot, and then used the last CI for the forecast range.
 
    Source: https://twitter.com/phraudsta/status/1204329006641762304

Source: https://twitter.com/phraudsta/status/1204370743976284160


Interesting...looking backwards, it gives an interesting setup at or immediately after the halving.
We shall see if it repeats itself.
The band is wide enough for btc to be anywhere between 3K and 18K at the halving, though.
However, the lower it would be, the higher is the ensuing "safe" upside potential.
This explains why funds are pressing btc down, since they know about the possible timing of the reversal and the maximum surge potential upon halving. I had observed this before with biotech stocks which are often being moved down just before the 10X gain in a week on relevant info release.

EDIT: BTW, during both previous halving we came out of The "box" at about 30-40% of the box height (slightly below the midline). Projecting the same %% to this halving would indicate about 5-6.5K, which would be annoyingly low, but with a very high profit potential.
3900  Bitcoin / Hardware / Re: Special thread concerning bitmains coupons refunds discounts. on: December 09, 2019, 09:28:55 PM
I got $1736 credit toward fully covering S17pro.
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