Personally, I do not believe that we are in that zone yet.

However, I do believe that we are entering the last resistance point before entering into such no man's zone.... or is it dead man's zone?...

Anyhow, $16,200-ish to $17,250-ish seems to be our last resistance before such upcoming zone.  Will $16,200-ish to $17,250-ish fall as easily as $13,880 did? 

That seems to be the millionario dollario cuestion. 

I would down vote this, but down voting is not allowed.




Here's what I think about your assessment of my algo.

You are not coming off as very welcoming.

 

Oh?

You cannot just throw down walls of text within a matter of a wee-few minutes?   

Must be a lot more taxing to rise to wordy-man wannabe status than many mere mortal normies would conjecture?

TLDR:
Sometimes sucks carrying out requisites of an actual rather than a wannabe wordy-man. 

Go figure, ur lil selfie!!!   

What's it mean, cAPSLOCK?

Dínoslo.

Yeah...

That is a step in the right direction for Roubini to at least recognize that there is a kind of immutable bitcoin algorithm that distinguishes it from various shitcoins... so little by little, Roubini might start to come around.. perhaps?  Perhaps?

I am not going to hold my breath.. and ultimately coming around is on him, and he might start to look like less of a fool.. Perhaps?  Perhaps?

Edit (seen Torque's response after my above post):  I don't buy Torque's conspiracy angle.. even though I can appreciate what he is saying regarding the difficulties of regular joes to get ahead when they are surrounded by "experts" but at the same time, regular joes are going to stay regular joes if they cannot figure out ways to engage in critical thinking - which is actually a thing that can be learned - either by going to college and develop those skills or through auto-didaction.. .a problem with auto-didaction is that there are so many ways that regular joes can get drug down pathways that are truly NOT helpful, and by the time they figure it out, they may well NOT have too many years left in their bodies in order to actually benefit from their having had gone through a process of self-teachings.

I watched that about three minute clip with Dalio.

Hm?  For some reason, I had thought that Dalio was one of the BIGGER traditional financial guys who was slowly starting to warm up to bitcoin, but apparently he is NOT getting it... and seems that part of the NOT getting it has to do with his being unable or unwilling to distinguish bitcoin from shitcoins.   He acts as if he knows the difference by creating two categories of analysis that involves bitcoin and other crypto currencies and then another category is central bank related digital currencies.   This is a very incomplete and even neophyte kind of framework, and it is difficult to know if he really thinks those things or is he faking his level of dumbness.

He also does NOT seem to get the difference between bitcoin and gold, either.  He seems to believe that gold is superior to bitcoin, yet his analysis in that direction seems quite incomplete too in terms of largely relying on a kind of presumption that gold is better because it is already known blah blah blah...

Sure, it is possible that he could learn in the coming years, but he is coming off as quite stubborn at the moment.. kind of coming off as a kind of Jaimie Dimon from 2014/2015.. and now, in recent times, Jaimie Dimon is actually coming around to bitcoin, no?  So could just be a matter of time, before Dalio starts to see the light.  Perhaps?  Perhaps?

How much would we need to break above $16k in order to be able to determine such breaking up to be a "success" - both in terms of quantity above $16k and time spent above $16k (does it need to be "permanent" break above?)?

Now, as I type, witnessing $15,946... She seems be getting ready to blow.  

Good for you.  Frequently when we are posting on public posts, like this, clarification is needed in order that some people might not get mislead into placing way too much weight into fringe case scenarios like you had outlined and trying to suggest that such nonsense deserves some kind of serious consideration, when it doesn't and it can be helpful to explain (or at least point out) why it does not.  In other words, posting about these kinds of substantive matters are not personal nor meant to be personal, so it is likely that no one really gives any fucks about you either (at least not in the abstract of dealing with the various evidence, arguments and attempting to assign weight to various matters).


Yes.  That potential that you pointed out had been noted.  There is a pretty long history in forums like this in which beartards focus on "potential," "possible" and blah blah blah, and sure all kinds of things are possible - but does not mean that any one of us should be giving very much weight to such highly unlikely scenarios and miss an asymmetric bet investment opportunity of a life time.

I recall in 2014 and 2015, in these various forum threads, we used to see purported computer science professor Jorge Stolfi spouting out all kinds of theoretical nonsense regarding so many of the various theoretical possible scenarios that could bring BTC crashing down and to cause negative pressures on BTC's price.. and sure he had a lot of ideas about a variety of "possible" scenarios that ended up getting to be shown as way less likely than what ended up happening.. causing those who even took modest BTC stakes to become quite well off by not getting so caught up with "possibilities" that did not end up even coming close to playing out.

Lot's of us have gotten rich as fuck from bitcoin because we assigned the appropriate weight to such baloney theories that we have seen (and the evidence and logic has shown) have become more and more baloney with the passage of time...

but sure, give whatever weight to those outlandish negative scenarios as you wish, and miss the bitcoin train.  That's your choice, and hopefully not too many normie peeps get overly scared by such whimsical information that is based on outlandish possibilities.

Yes, of course there are going to be both positive and negative trade offs to disclosures that public companies have to make, and of course, they are required, by law, to be a lot more transparent with their finances and even various other fiduciary matters in order to be less likely of being accused of misleading investors.  That is one of the downsides of becoming a public company - and many ceos (or owners) of such companies have already given thoughts to a lot of those risks before they even become public companies.... sure some might not realize the extent of such transparency burdens until they have been under such practice, but still a considerable amount of transparency is already part of the known practices of public companies.


Well, there are all kinds of factors to consider about bitcoin in terms of attempting to figure out whether it fits your own investment thesis and thereby how much to invest into bitcoin, in the event that you choose to invest into bitcoin... and of course, there are both transparency aspects on the bitcoin blocks and there are also ongoing tools that are developed in bitcoin that may create some opaqueness in the transparencies - public companies might still be able to use some of the opaqueness tools that are available and even being developed in bitcoin, but they also do need to disclose their intentions and their actions.. and I doubt that there is even any kind of one-stop-shopping approach that public companies take in these kinds of matters.

Seems to me that many public companies had been either refusing, avoiding or merely taking mediocre stakes in their investing into bitcoin prior to the Michael Saylor example, so surely we have already discussed that so far, it appears that Saylor's boldness has provided a decent kind of example in regards to how bold a company might get in terms of their strategy to invest in bitcoin - and surely we might not be able to predict exactly how so many of the ramifications are going to play out, including if having large bitcoin holdings might end up having more costs than benefits (as you seem to be suggesting as a possibility), but many of us longer term BTC HODLers have found these seemingly bolder investing strategies into bitcoin to be quite positive for our BTC bag potential.. even if we are not 100% sure how matters are going to play out - the indicators seem to be pointing in a positive direction in terms of likely ongoing UPpity BTC price pressures.

If you waited this long, then somewhere in the middle of $16,200 and $17,200 might be good and potentially reasonable - but what do I know?  

We may well already be at a local top....

Why let greed get in the way of locking matters in, when we are already in a pretty decent place?**  

**Note:  Bouncing between $15,703 (1 minute ago) and $15,898 (17 minutes ago) as I type this post.

Looks like she might be getting ready to test resistance at $16k again.. going to see if there is any strength in such resistance... to potentially lead us to the $17,250 resistance that is immediate proximate in entering deadman zone....

gonna happen?  Gonna happen?

Are we ready?

Sure, I am not sure.. because we could get a pause in this momentum, too.

I did witness $15,766 on my screen in the past 5 minutes.  So, poising seems possible.  

Edit:  I am outdated, less than 13 minutes later - now witnessing $15,833 (and can't keep track - because keeps changing), which seems to be MOAR ongoing pumpening.   

How would we know if our ego is too strong and/or needs to be put in check?

I suppose we only know after it has been put in check that it needed to have been put in check.  Perhaps?

Strong egos can sometimes be helpful, depending upon what is being attempted to achieved.. and surely, there can be strategic deployment of ego - depending upon if a guy/gal might be trying to sell something to another person or to persuade them of something - of course, in working relations these matters can be helpful, such as: "how to win friends and influence people."

If we are going to start telling stories about how dumb we were when we were kids, there's no end to that.  Am I not right?



O.k. I will tell one of my multiple dumb things I did when I was a kid stories. I recall that when I was in fourth grade, I sold magazines and fruit to raise money (for some school club or something), and we would be able to use our earned points to buy guns and knives and things like that.  So, I recall that I had bought a folding knife with some of my earned points (it was like the left over points), and when I got the knife and I had it at recess, I was showing one of the kids that "it's not even sharp" by testing it on my left hand.  

Many years later, I still have that scar from that which required 5 stitches.  I have dumber stories than that one, but hey.. it's as good of a dumb story from me as any.

Hahaha

One way to kick a bad habit early is to start early.



 

hahahaha.. thanks for remind me about my lack of surprise... even though, I am not even sure if that is the right way of characterizing my status... because since September we could have broken down instead of breaking up, but in any event we find our lil selfies in a kind of UPpity.. which must feel good for several of us, including yours truly.... ... so maybe even feeling goooood... could be a kind of distance cousin to "not feeling surprised."  Perhaps?  Perhaps?

It seems to me that in early September we were looking at several posters proclaiming a kind of expectation - maybe even wishes that BTC prices would stabilize in that $9k to $11k range - and we have already seen time and time again, that our lil fiend continues to show that she does not want to stabilize - except for when she wants to stabilize.. and in spite of wishful expectations $9k to $11k does not really seem like a convenient place to be hanging out.. especially if you happen to be a paradigm shifting asset class, such as our lil buddy.  So, yeah, if some of us had not noticed, there happens to be a bit of an ongoing battle in terms of how far and how long the BTC price can be kept down.. and the wee bears seem to be losing such battle.. poor lil tinglies.  

Sure, it is NOT out of the question that BTC could enter into kinds of unexpected stabilization periods - because she sometimes does want to go down a path of less expected - but jesus, it has got to be tough to go down a path of stable prices under current macro dynamics - including the dynamics that the various BTC price prediction models should be informing those of us who have been studying (or watching) this space for several years.

So, yeah we did break past the $13,880 resistance area, and I was expecting one more resistance area in the sub $17,250 arena before entering no man's zone (or is it deadman's zone - which of course is that area between $17,250-ish and $23,500-ish)... So, whether we are currently verifying the strength of sub $17,250 resistance or if there will be a bit more bouncing around in this arguable resistance area seems to still be playing out.

In other words, I don't know hardly shit, except for having a few theories here and there that I like to spout out about from time to time.  


sucks to be me..., currently.

I would speculate that the math and science should show that the actual increases per cycle (arguably on 4-year bases) are going to be shrinking a bit with each of the 4 year cycles - even though we may get some portions of any cycle that might appear to (or actually) be outperforming previous cycles for short periods of time, but if we really zoom out and attempt to be honest with ourselves and the data, we should be able to recognize that there should be some amount of lessening in the amplitudes of subsequent cycles - even if there might be abnormalities at various points and even divergences within the data sets, too.


Lots of hopium there.

 

Of course, 30% crashes can happen at any time - yet sometimes peeps hopening and waiting for a 30% crash provides additional UPpity fuel - so do not neglect pee paring ur lil selfie for more UPpity, even if a correction could take place at any time (which is always the case, but does not necessarily become more likely merely because a lot of no coiners, fence-sitters, bitcoin naysayers, altcoin pumpeners and chart aficionados are wishing for such a correction).


What a fuddy dud you are, Syke.  #nohomo

 

Why would there be envy?

If someone keeps predicting down and getting it wrong and I am merely pointing out such a thing.  You can read envy all that you like.  It's not there.

Sure, I tend to get worried about many people failing and refusing to adequately prepare for up, and the down predictions will frequently contribute to such lack of preparations... especially when such down predictions are given more weight than they deserve, and I am not even necessarily saying that Masterluc has been attempting to attract such over reliance, but sometimes his followers will give more weight to his various ongoing down squiggly lines than they deserve (and so it can be nice to see when  down predictions do not happen, but they continue to be made).  Yes, down reliance can end up running  into a lack of UP preparations that I have mentioned.

Surely, I have explained that in several other posts that I have made (and sometimes no explanation is needed in order to poo poo squiggly lines), including explanation that I have made in other back and forth interactions that I have had with exstasie in other threads.

He has not earned shit... I have seen his various contributions through the years.. and you are suggesting that he deserves some kind of higher platform than comments from other members... I don't ever recall ever having a personal interaction with him, so I may as well make fun of some of the ideas or the worshipers, no?

You guys can worship his presentations all that you like but does NOT mean that I am out-of-line in any kind of way with the contents or the direction of my post(s).. whether the latest post or other posts...

Last time I checked this thread was open to all forum members... No?... Maybe my post is directed towards worshipers rather than Masterluc himself, anyhow?  Seems to have been.


No problem.  I am offering ideas too by poo pooing the worshiping of ideas....

Hopefully, you understand the idea that sooner or later BTC prices are going to correct and if someone keeps proclaiming that they are going to correct at some point, then sooner or later that someone is going to end up being correct?  Perhaps you understand that?


I am thinking that you are coming off as a bit too sensitive in terms of how you are taking my mocking message.. maybe I a wearing on you... because I have been criticizing your down inclinations, exstasie, for quite some time, and even explaining my rationale for doing so on a fairly regular basis, so that surely would have a substantive component to it, no?.... but you roll with sensitivities and getting caught up on persons rather than ideas, and you want to take matters personally (defending Masterluc or the worshipers), that seems to be your choice, unless you cannot help yourself in terms of having to attempt to turn matters personal when they need not be?

Whoaza!!!!  We all (royal we, once again) feeling a wee bit greedy in recent times.

Like lil piggies celebrating 12 years for the satoshi white paper, and the price following.



Couldn't be a bad thing.  Could it, fellow piggies?

I have not noticed BTC prices going down in recent times.

I suppose I have been looking at the wrong charts.  

Go figure?


Well, even if you have a purported "correct" hat, that has not seemed to have stopped distracting shitcoinerie from spewing out of your keyboard...

Most of us here realize that if we mention any shitcoins, it is best to at least imply some kind of negativity to any such reference...

Sure, you can take a different path in terms of wanting to mention shitcoins as if they were relevant (you would not be the first regular wall observer to engage in such an activity).. it's your choice.


Seems that those wee squiggly lines could be drawn almost anywhere in terms of the creation of imaginary "channels" for dee king daddy that may or may not exist.

Who woulda thunk?