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1042
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 21, 2021, 04:34:17 PM
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Yesterday there was the second largest Grayscale unlocking, and see what happens to the price. Either they didn't sell as much coin as they could, or the market is getting hungry for corn. I very much like the look of this.
They're letting people buy up the price on this Dorsey/Elon nothing burger so they can sell it all at a higher price and get out while the gettin's still good. quit your bitchin and suit up   |
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1047
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 21, 2021, 02:45:04 AM
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yup Wizards was animated in a very distinct animation style (rotoscope? not sure)
i think Wizards and Heavy Metal were released within a few years of each other. it was when i was in my tripping phase so i saw both while wasted at some point.. fun times. left a lot of brain cells in the late 70s/early 80s heh.
Watching Heavy Metal in the theater on Mesc with my GF is one of my best memories.  Wizards...didnt that release with Heavy Metal? If I am thinking of the right film anyway...animated right? One of the best trips of my life...a midnight showing at the Del Ray...epic
Wizards.1977.1080p.BluRay.x264-CiNEFiLE.mkv +1 WOsMerit had to look it up..my memories of the 70s and 80s are not great either @vapourminer...i get bits and pieces seen thru a cloud of thick haze...anyway Heavy Metal/Initial release coincidentally the day Charles and Diana were married 40th year anni coming up ffs...time flys July 29, 1981 Wizards/Initial release a few weeks after Carter started his run for President also the Atari 2600 was released September 11thFebruary 9, 1977 all i can say is thank the gods for google..would not remember nuttin with that...think i will spark up a fatty and check out this flick again...see you on the morrow gentlemen |
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1048
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 20, 2021, 10:55:54 PM
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Space Cowboys ... That was a decent movie.
Yes..I liked that movie as well..thought it a good role for Daniel Craig Think there was a couple of sequels...maybe without Craig...but I havent seen em youre thinking of Cowboys and Aliens, different movie. both were fun. @jjg I thought they preferred the title of Wizards rather than Sorcerers
Wizards.. another cool movie. +1 WOsMerit You are correct...totally conflated those films Wizards...didnt that release with Heavy Metal? If I am thinking of the right film anyway...animated right? One of the best trips of my life...a midnight showing at the Del Ray...epic |
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1049
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 20, 2021, 07:50:33 PM
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Space Cowboys ... That was a decent movie.
As for predicting the future of bitcoin prices, mine are overly long-term and conservative. It's going up. It's going to $100k, then to $500k, then to $1m. But the time scale is much longer, like a few years or decades even, to the point some people think it's bearish.
Yes..I liked that movie as well..thought it a good role for Daniel Craig Think there was a couple of sequels...maybe without Craig...but I havent seen em About pricing...I agree with you that the long term outlook still seems an asymmetrical bet to me marcus had some nice thoughts about synthesising some different data points into a price indicator...sad to say I have only fiddled with his concept in the most rudimentary fashion...nothing remotely conclusive yet I was looking at a 4x theory in halving vs price resistance but I think I just have cognitive bias unfortunately ie 250-1k-4k-16k-54k ect Perhaps with those numbers adjusted a bit...dunno Kinda in a lets just wait and see what happens mode honestly Wondering if there will be an attempt at dumping on Dorseys and Musks head tomorrow at the B conference...again just have to wait and see Also thought there was going to be something from the SEC on the 27th or 28th...maybe got that wrong...might be something in August heck..why not both My best guesstimate is something will start to change between September 6th and October 4th @jjg I thought they preferred the title of Wizards rather than Sorcerers |
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1053
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 20, 2021, 03:55:37 PM
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A couple of my buy orders have triggered too... I am not so excited about having them triggered, but sure.. there does come additions to the stash with such moves downity.... still does not cause me as much citttteeeee as if we were to go UPpity.. which might take a few days to get some stability and comfort back in order to get the possibility of UPpity and stop testing the current local bottom of $28,600 or whatever is currently being tested... how low will she go? how low will she go?
2x would almost be $60k... not sure if it will happen, but seems possible.... 1.5x would be $45k
There is no guarantees in bitcoin, and if we have to start measuring 6% per year from here, then maybe we are not keeping up with inflation, but $30k x 1.06 = $31,800..... Hoping for more, of course... especially because we had seemed to have had been in a bull run that has been challenging the extent to which we are still in such bull run. and surely I am still inclined to believe that we are still in a bull run.. so the next two weeks may well be critical. tm
CT seems to think $27.5k could be a local bottom dunno...these heatmap charts look like gobbledygook to me...well..the second one anyway ymmv https://cointelegraph.com/news/bitcoin-erases-2021-gains-as-btc-price-falls-to-biggest-bid-ever-on-binance  |
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1056
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 19, 2021, 06:51:36 PM
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Went back and looked at PlanB's original 2019 stock-to-flow paper. Here is the chart I generated when I tried to replicate his math. You should ignore the curve before the first halving, it's kind of arbitrary, depends on what you set as a starting date. I used pizza day, but it doesn't really matter because the choice of starting day has no effect on anything after the first halving on November 28, 2012; that stuff is set in stone once you settle on your parameters. I used PlanB's original equation, ln(marketcap) = 3.31954 * ln(stock/flow) + 14.6227 Anyway, if there's anything to this s2f stuff, the next year or two should cheer us up.  +1 WOsMerit I like that first curve..it has a certain elegance..I also think arbitrary points are fine..this is what we are doing..speculating Of course it is a little concerning that this take on s2f is looking more like a resistance level instead of a support level Below are a couple of charts showing basically the same perspective tho a week or so apart that illustrate what I believe has happened We have seen a blow off top... actually a double top...but it was followed by a surge of retail and institutional FOMO Its not terribly clear sad to say on the chart but I believe everyone will get the gist I am not bearish...far from it in fact as I think you all know...but think it a good idea to remain realistic and keep a open mind #dyor D   |
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1057
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 19, 2021, 06:01:59 PM
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Hello gentlemen!
I've been trying to spend time away from here, and trying to forget about bitcoin for a few months. These periods are depressing for me if my mind remains bitcoin-centric. Better to spend time outside, enjoying the beautiful weather.
Hello sir same here...but I have to admit something... hello...my name is toxic204 and I am an addict... I am addicted to this thread and the wonderful personalities that inhabit it didnt even make it a month before falling off the wagon  anyhoo hope your family is doing well infofront --------- Well, Bitcoin @ $30k feels damn good to me. I don’t care how bad the chart looks. That’s not how Bitcoin works.
+1 WOsMerit |
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1058
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 19, 2021, 05:43:47 PM
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seen a few four baggers over the last dozen pages or so...you are lacking in the breaker-upper department juansnowgee  that and all the other bs going on...makes one wonder if this timeline needs to be pruned or not... ----------- Hey ToxicMoxic!!!! You are back!!!!   ----------- I dont really know what is going to happen...nobody does...and even tho i say that quite often i can still make a few educated guesses...if investors keep looking at bitcoin as if it were a legacy stock..they will get burned...badly imo anyway...carry on p.s. old hat for many but many good questions asked and answered #dyor speaking of bitcoin from aantonop on youtube How and Why Governments Lie about Inflation |
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1059
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 19, 2021, 02:27:54 PM
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Not just BTC that looks a bit shit, legacy markets are having trouble too. I wonder if we'll be getting a broad correction soon, or if the FED will preempt it with some more brrrr.
moar froth In a coordinated announcement, the White House and governments in Europe and Asia identified China's Ministry of State Security, the sprawling and secretive civilian intelligence agency, with using "criminal contract hackers" to conduct a range of destabilizing activities around the world for personal profit, including the Microsoft hack, according to a senior US administration official. https://www.cnn.com/2021/07/19/politics/us-china-cyber-offensive/index.htmlYou know, everything seems to be heading in a real shitty direction. I was going to move into the rural area a little when I buy a house, no more than 45min out from the city, but I feel I should move much further out now and become completely independant on my land. The world is heading towards a dark place and has been for a good while now. i hear you..its ugly...has been for awhile now two choices really...and i guess i should be happy that there are...bury your head and wait for what comes or get out there and affect what positive change you can i have been at that crossroads time and again for me personally there is no choice really...i have to keep trying and just do the best i can It's funny, I consider these crossroads all the time myself too, maybe everyone does and we are just waiting for the right moment and movement to come into being. I consider trying to start something like this myself sometimes, but I'm getting older now and my hatred of the world keeps growing so I also think why bother. I guess that's just depression with the world talking though. When Bitcoin goes up again, I'm sure my motivation will return, but will it make a difference? Probably not. I think the word 'start' could be replaced with 'continue doing' somac. A butterfly flapping its wings does not seem like much...but it IS something You are here...on the most important bitcoin forum in the World...advocating for it...it is not nothing imho |
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