|
1081
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: July 24, 2019, 07:42:09 PM
|
My question to those who predict 100K within less than two years or so.
Why the discounting mechanism is not working?
If it is highly likely that 100K would be there by 2021, we should have mad buying of btc and its options right now.
That's my biggest beef with the S/F models.
Either the model is wrong/irrelevant OR the market is incapable of correctly pricing future expectations now.
I don't think it is HIGHLY likely... just somewhat likely. But you must take into account that: 1) This is an extremely risky investment which could perfectly go to zero in a snap (even if that risk gets smaller over time). 2) This is also an extremely volatile asset. It could perfectly reach $100K in a few years AND go to $1K some time along the road (not comparing the likelihood of the two events just saying both are possible).... so that means some people could be waiting for a lower price and/or a moment in which the prospect is better). If $100K were a SURE (or almost sure) thing in less than 10 years I would be selling ALL I have and going full retard into BTC. It isn't. It is just somewhat likely... IMHO. |
|
|
|
|
1083
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: July 23, 2019, 09:11:07 PM
|
This is fine... ain't it?
Just imagine if $10K would hold until Q4. Yeah.
I don't disagree with your overall sentiment. Usually if we are talking price, then it would be a range, and let's just take our current low of $9,049 as the bottom, and if $10k is in the middle of the range, then I am happy with that kind of ranging between $9k and $11k. Your thinking seems a bit more optimistic to suggest a bottom that is above $10k... surely, that would be an even better scenario, and I would be quite content, even if between now and the end of the year brought us BTC prices that ranged between $10k and $11.5k. Given some of our recent BTC price movements, and even the seeming excitement of institutional investors and decently good newses surrounding the space, I am having my doubts that such BTC price stability could play out for so long. We already have one month of consolidation under our belt, and until the end of the year would bring us to about 6 months. Yeah... we have seen decently long periods of consolidation in the past with a narrowing and narrowing and narrowing of the ranging and that kind of narrowing of the range could take us to the end of the year, and we would end up experiencing a BTC price stability situation that would end up being quite resembling of the first 5 months of 2016 and adding on the last month or two of 2015 from the early November 2015 peak of $504...... our break out above $500 had happened in the very last weekend of May 2016. I am not so naive as to think that $10K is now a bottom. It isn't. It will probably be breached up and down many times. But I do like current dynamics and if it were to keep going the same until Q4... well, that could be a thing. |
|
|
|
|
1085
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: July 23, 2019, 08:58:40 PM
|
This is fine... ain't it?
Just imagine if $10K would hold until Q4. Yeah.
The willingness to get back over $10,000 once we briefly dip below is again very bullish. I think I know what’s going to happen in this cycle but I wish I had a fucking crystal ball to confirm it. Right now it’s all about patience & accumulating whilst it’s still semi affordable really. Roll on 2021-22. Yup. Lots of things can happen on the way to 2021-22. Hodling is way easier seeing healthy prices even if the end result is probably the same. I can sit pretty comfortably on my stash at around this prices.... for many years. Just don't give me $50K/$100K too soon/fast or I will be forced to sell more than I would want along the way. |
|
|
|
|
1087
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: July 19, 2019, 05:08:48 AM
|
^ Hi, bitserve, you only go out when there are green dildos.  Sorta  To be honest I have also posted a couple times lately when the price dipped considerably, which is also somewhat "fine". Other than that I am lately pretty busy IRL renewing my new property as I am trying to do most of the stuff myself (got not much money to spare unless I used my BTC, which I won't). Of course i still try to read all/most of WO daily though just not much time to really participate. I planned my activity for a longer "crypto winter" and Bitcoin being so much alive sooner came out somewhat unexpected for me. Fortunately I hodled, as always. Would be great if by the time I finish (still 6-12 months apart) Bitcoin would be over previous ATH so that I can celebrate properly. Time will tell. In the meantime, enjoy summer time! |
|
|
|
|
1089
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: July 11, 2019, 12:43:27 AM
|
Speaking of so called religious gang up.  If it was the whole world maybe. it's not it's 90% of the WO thread, the spirtual home of all the religious BTC followers. With all due respect, its Bitcoin Forum and its WOT, where all Bitcoiner hangs out (Small, big, young, old, White, yellow, Brown, Black and Shitposters) so it's our little world you can call it bubble, you can even call posters delusional, you are very much entitled to your opinion, and i respect that. But it goes both ways. And its 97% here and 3% ( You sir along with Mr r0ach and rebel) Yer it's called. WOT (price movement tracking & discussion ) not WOT (price movement tracking & discussion as long as the disscussion is bullish) I respect HODLers as I have always said, I just couldn't personally sleep at night on BTC in the current market. Some people seem to sleep well on BTC. personally i find it easier to sleep on EUR GBP or USD. True dat. I have been sleeping hodling BTC since 2013 and I can confirm sleep have been severely impacted many times along the way. The small/modest fortune I have amassed make it worthwhile for me though. Bitcoin is probably not for everyone. DYOR/YMMV. This is fine. |
|
|
|
|
1093
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: June 27, 2019, 01:57:47 AM
|
Do you believe that we are going below $10k? Wouldn't be the end of the world, you know. We were just there 5 or 6 days ago..... What's 5 or 6 days? Not going to make that BIG of a difference, is it? UP and DOWN is part of the deal. Sure, I don't really mind either way, and I would prefer up, but if Baby BTC is not ready, then she is not ready.. We have to go through the normal market motions, no? I don't really care much. I don't have plans to sell in this year and way are way above what I had expected. As I said we are way ahead on schedule. But, other than that, this is fine. In the meantime I am scalping the shit out of this action... with play money though. |
|
|
|
|
1095
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: June 27, 2019, 01:00:35 AM
|
Meantime I just ditched a job offer with 60k more money simply because they wanted me to pee in a cup.
Fuck that. I have bitcoins, I'm not putting up with that shit.
Well done. I have in the past wondered what I would do if I had to take a drug test, and I have come to the conclusion that I would give them two choices, either I pee in the cup (just to prove I'm not on drugs) and then i quit, or they trust me and I stay on. Being financially independent of course helps. I have never understood why do (some) corporates care more about what you do in your personal life than results/benchmarks. It's nonsense. Fortunately, Bitcoin doesn't care. |
|
|
|
|
1096
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: June 27, 2019, 12:39:21 AM
|
fuck guys this WO place has gone to the shit ... I come back, only 14 pages to catch up on
- NO train memes .. i mean wtf?!
- NO rocket memes ... blah, w/e
- ONE measly fiddle without strings, basically no carolinas or even a solitary CCMF!!
JJG and bearshit arguing some arcane point
- $2000 drop in under 5 gets a yawn, no pants shitting or crying bitcoins only worth yesterday pic
place has gone to the dogs, honestly, pull your socks up or I'm pissing off.
This is fine. |
|
|
|
|
1097
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: June 26, 2019, 10:42:20 PM
|
|
Oh, are we poor again?
Blah, nevermind... maybe tomorrow or the next week.
As soon as the price stays above or near $10K I can laugh at whatever it does. Much lower than that and... I can do both crying and holding at the same time, so it's fine.
This price action is still surprising and unexpected to be honest. Completely out of schedule. It has ruined my accumulation plans though... well, first world problems I guess.
|
|
|
|
|
Show Posts
