Bitcoin Forum
April 26, 2025, 04:51:49 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Is the top in?
Yes - 16 (19.3%)
No - 57 (68.7%)
I have no idea - 10 (12%)
Total Voters: 83

Pages: « 1 ... 19501 19502 19503 19504 19505 19506 19507 19508 19509 19510 19511 19512 19513 19514 19515 19516 19517 19518 19519 19520 19521 19522 19523 19524 19525 19526 19527 19528 19529 19530 19531 19532 19533 19534 19535 19536 19537 19538 19539 19540 19541 19542 19543 19544 19545 19546 19547 19548 19549 19550 [19551] 19552 19553 19554 19555 19556 19557 19558 19559 19560 19561 19562 19563 19564 19565 19566 19567 19568 19569 19570 19571 19572 19573 19574 19575 19576 19577 19578 19579 19580 19581 19582 19583 19584 19585 19586 19587 19588 19589 19590 19591 19592 19593 19594 19595 19596 19597 19598 19599 19600 19601 ... 34478 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26767425 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1260
Merit: 1116



View Profile
February 17, 2018, 02:53:49 AM
Merited by jbreher (1)

Who has said higher highs and higher lows?

Maya Angelou?
explorer
Legendary
*
Offline Offline

Activity: 2016
Merit: 1259



View Profile
February 17, 2018, 02:53:59 AM

Do you believe that said portfolio will be worth 2/5 of fuck all 10 years from now

Yes.

Why do I believe this ? Because my portfolios from 10 years ago are worth way more than 2/5ths of fuck all.

Past performance, etc does have some merit.  And I expect they will be worth considerably more again, before the bottom falls out, for one reason or another.  Just thinking the longer term prognosis of the legacy system is sketchy, at best.  My own 'retirement' funds are fucking locked up until near death by government legislation, so I wrote them off as lost years ago. 
bitserve
Legendary
*
Offline Offline

Activity: 1960
Merit: 1626


Self made HODLER ✓


View Profile
February 17, 2018, 02:56:20 AM

Who has said higher highs and higher lows?

Maya Angelou?

Gerontophile!
the artful bodger
Sr. Member
****
Offline Offline

Activity: 292
Merit: 265


View Profile
February 17, 2018, 03:10:48 AM

Don’t worry. Main Street isn’t buying yet.  We have a long way to run.  

Wall Street sniffing around bitcoin should pump it to $100k, and when Main Street starts buying it should pump it to a million.
RejectedBanana
Sr. Member
****
Offline Offline

Activity: 406
Merit: 551


I am a banana.


View Profile
February 17, 2018, 03:39:00 AM
Merited by infofront (2), Toxic2040 (2), HairyMaclairy (2), Dunkelheit667 (1), rolling (1)


Let's assume (for the third or fourth time, I know) that this is the last time we see quad-digits. Dangerous, I know, but I get impatient.

Since my last update, this means Da Bears only managed to erode into a single doubling floor, extending the $5k to $10k floor by 21 more days, for a total of 121 days since we last saw $5k.

For reference, the Mt Gox correction eroded three presumed doubling floors ($640, $320, $160), taking over three years to reestablish these support levels.

Projecting from trend, I'm thinking another 90 days until we establish $20k as a new floor, maybe around mid-May.

$10k marks the 12th Bitcoin doubling floor since $2.50 in 2012.
The shortest doubling floor was 39 days from $20 to $40.
The longest doubling floor was 546 days from $80 to $160 post-Mt Gox.

As a HODLer, I prefer charting floors vs all-time highs. ATHs are too transient and susceptible to FUD, making them more suitable for rektees traders.  Grin

Go Bitcoin Go!



https://bitcointalk.org/index.php?topic=2834180.msg29061043
infofront (OP)
Legendary
*
Offline Offline

Activity: 2660
Merit: 2920


Shitcoin Minimalist


View Profile
February 17, 2018, 03:45:03 AM


Let's assume (for the third or fourth time, I know) that this is the last time we see quad-digits. Dangerous, I know, but I get impatient.

Since my last update, this means Da Bears only managed to erode into a single doubling floor, extending the $5k to $10k floor by 21 more days, for a total of 121 days since we last saw $5k.

For reference, the Mt Gox correction eroded three presumed doubling floors ($640, $320, $160), taking over three years to reestablish these support levels.

Projecting from trend, I'm thinking another 90 days until we establish $20k as a new floor, maybe around mid-May.

$10k marks the 12th Bitcoin doubling floor since $2.50 in 2012.
The shortest doubling floor was 39 days from $20 to $40.
The longest doubling floor was 546 days from $80 to $160 post-Mt Gox.

As a HODLer, I prefer charting floors vs all-time highs. ATHs are too transient and susceptible to FUD, making them more suitable for rektees traders.  Grin

Go Bitcoin Go!



https://bitcointalk.org/index.php?topic=2834180.msg29061043

So, when are we going to hit $1,000,000?
bones261
Legendary
*
Offline Offline

Activity: 1806
Merit: 1828



View Profile
February 17, 2018, 03:55:59 AM
Merited by rolling (1), nanobtc (1)


So, when are we going to hit $1,000,000?

BTC will be $1,000,000 at about the same time that a loaf of Wonder Bread costs $50.00. Which may be sooner than we all think..
explorer
Legendary
*
Offline Offline

Activity: 2016
Merit: 1259



View Profile
February 17, 2018, 03:57:09 AM



So, when are we going to hit $1,000,000 for the last time?
RejectedBanana
Sr. Member
****
Offline Offline

Activity: 406
Merit: 551


I am a banana.


View Profile
February 17, 2018, 04:00:33 AM
Last edit: February 17, 2018, 04:13:37 AM by mfort312
Merited by infofront (1)

So, when are we going to hit $1,000,000?

Let's project.  Smiley

If we assume the average doubling floor time of 6 months over the last 5 years (including the 2014-2015 bear market):

$20k Aug 2018
$40k Feb 2019
$80k Aug 2019
$160k Feb 2020
$320k Aug 2020
$640k Feb 2021
$1.28MM Aug 2021

Three and a half more years.

If the doubling time persists at 3 months (the approx. average of the last three doublings), then just under two years. Mid 2020.

Wow.

edit: skipped a year
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1442
Merit: 2282


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 17, 2018, 04:03:57 AM

So, when are we going to hit $1,000,000?

Let's project.  Smiley

If we assume the average doubling floor time of 6 months over the last 5 years (including the 2014-2015 bear market):

$20k Aug 2018
$40k Feb 2019
$80k Aug 2019
$160k Feb 2021
$320k Aug 2021
$640k Feb 2022
$1.28MM Aug 2022

Three and a half more years.

If the doubling time persists at 3 months (the approx. average of the last three doublings), then just under two years. Mid 2020.

Wow.






You lot that like to sell your BTC in increments to buy back, take note that you don’t run out.  
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1442
Merit: 2282


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 17, 2018, 04:12:20 AM
Merited by Toxic2040 (1)

I just sent a wire. Drifting from somewhere down the street, I can smell a slight sweet scent of FOMO on the air.
jojo69
Legendary
*
Online Online

Activity: 3514
Merit: 4983


diamond-handed zealot


View Profile
February 17, 2018, 04:14:03 AM

I just sent a wire.  I can smell a slight sweet scent of FOMO on the air. 

no FOMO man
JayJuanGee
Legendary
*
Offline Offline

Activity: 4060
Merit: 12099


Self-Custody is a right. Say no to "non-custodial"


View Profile
February 17, 2018, 04:17:00 AM
Last edit: February 17, 2018, 05:04:27 AM by JayJuanGee


As a HODLer, I prefer charting floors vs all-time highs. ATHs are too transient and susceptible to FUD, making them more suitable for rektees traders.  Grin


So, when are we going to hit establish $1,000,000 as a floor?

Based on mfort312's BTC floor specialism, I FTFY.
JayJuanGee
Legendary
*
Offline Offline

Activity: 4060
Merit: 12099


Self-Custody is a right. Say no to "non-custodial"


View Profile
February 17, 2018, 04:23:25 AM
Last edit: February 17, 2018, 05:28:02 AM by JayJuanGee

So, when are we going to hit $1,000,000?

Let's project.  Smiley

If we assume the average doubling floor time of 6 months over the last 5 years (including the 2014-2015 bear market):

$20k Aug 2018
$40k Feb 2019
$80k Aug 2019
$160k Feb 2021
$320k Aug 2021
$640k Feb 2022
$1.28MM Aug 2022

Three and a half more years.

If the doubling time persists at 3 months (the approx. average of the last three doublings), then just under two years. Mid 2020.

Wow.



You lot that like to sell your BTC in increments to buy back, take note that you don’t run out.  

I won't run out....  Tongue    Tongue     Tongue  Even though my chart only goes up about 8x from current price, but I suppose I can add a few more lines onto my projections to account for these real probable situations.

... I anticipate that even if BTC prices were to shoot straight up to $1.28million faster than the timeline, my formula for selling does not allow me to run out, and probably I wouldn't even go below 50%, if BTC prices were to shoot straight the fuck up.....

I already have too much fiat, now, so the problem of too much fiat seems likely to exacerbate based on these totally "reasonable" BTC price projections... really gonna be problems of the 1%... OMG    Shocked Shocked


Edit:  I just went back to my charts, and I added a few more rows to project that if I go out 12x with the projection, that is about $126k per BTC, and if the price went shooting up to that price, sure it adds up to a lot of Fiat getting added to my accounts, but that fiat can be used to buy back BTC, I suppose...

My problem does not seem to be NOT having enough BTC in the event that the price goes shooting up, but instead, I am going to need to start spending more money in the very near future - since we cannot take this money with us... fuck..   This is an emergency, no? 

Seems that I have too many BTC..   Anyone want some BTC?  

Bob.. you are going to have the same problem, no?  Better start spending money soon.. .. upgrade your porsche to a lambo.. right away.. buy a rocket to send one porsche up into space and get another upgraded one.  Start living higher on the hog... RIGHT NOW.  Seems that we be going UP and going to cause a lot of problems of RICHIE.
grn
Sr. Member
****
Offline Offline

Activity: 357
Merit: 252


View Profile
February 17, 2018, 04:39:44 AM

So, when are we going to hit $1,000,000?

Let's project.  Smiley

If we assume the average doubling floor time of 6 months over the last 5 years (including the 2014-2015 bear market):

$20k Aug 2018
$40k Feb 2019
$80k Aug 2019
$160k Feb 2021
$320k Aug 2021
$640k Feb 2022
$1.28MM Aug 2022

Three and a half more years.

If the doubling time persists at 3 months (the approx. average of the last three doublings), then just under two years. Mid 2020.

Wow.



You lot that like to sell your BTC in increments to buy back, take note that you don’t run out.  

I won't run out....  Tongue    Tongue     Tongue  Even though my chart only goes up about 8x from current price, but I suppose I can add a few more lines onto my projections to account for these real probable situations.

... I anticipate that even if BTC prices were to shoot straight up to $1.28million faster than the timeline, my formula for selling does not allow me to run out, and probably I wouldn't even go below 50%, if BTC prices were to shoot straight the fuck up.....

I already have too much fiat, now, so the problem of too much fiat seems likely to exacerbate based on these totally "reasonable" BTC price projections... really gonna be problems of the 1%... OMG    Shocked Shocked

I'm starting to have fiat problems myself. Those of you that regularly cash out, where do you store your fiat? Anyone into offshore IBC's and banking? If so which banks(s) and countries have you chosen?

Edit:
Further to the above; which exchange is your favourite for wire transfers offshore? especially when an intermediary is required
suchmoon
Legendary
*
Offline Offline

Activity: 4018
Merit: 9280


https://bpip.org


View Profile WWW
February 17, 2018, 04:47:09 AM

I'm starting to have fiat problems myself. Those of you that regularly cash out, where do you store your fiat? Anyone into offshore IBC's and banking? If so which banks(s) and countries have you chosen?

Edit:
Further to the above; which exchange is your favourite for wire transfers offshore? especially when an intermediary is required

I can't be bothered with IBC given the ridiculously low capital gains tax in the US.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1442
Merit: 2282


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 17, 2018, 04:48:58 AM

Bitstamp is the obvious choice for a high volume exchange that is not in the US. I have always found it rock solid.  After that the water gets murky real fast. Get in, do what you have to do, and get out.
Toxic2040
Legendary
*
Offline Offline

Activity: 1834
Merit: 4197



View Profile
February 17, 2018, 05:40:20 AM

I won't run out....  Tongue
I already have too much fiat...
really gonna be problems of the 1%...  Shocked Shocked


I'm starting to have fiat problems myself. Those of you that regularly cash out, where do you store your fiat? Anyone into offshore IBC's and banking? If so which banks(s) and countries have you chosen?

Edit:
Further to the above; which exchange is your favourite for wire transfers offshore? especially when an intermediary is required

Bitstamp is the obvious choice for a high volume exchange that is not in the US. I have always found it rock solid.  After that the water gets murky real fast. Get in, do what you have to do, and get out.
I agree..tho the Kraken has rejuvenated itself nicely. 

I would look into a shelf company, perhaps out of Belize.

http://www.worldoffshorebanks.com/10-things-you-need-to-know-about-a-belize-offshore-company.php
https://www.apintertrust.com/offshore_company/belize_ibc.htm
jojo69
Legendary
*
Online Online

Activity: 3514
Merit: 4983


diamond-handed zealot


View Profile
February 17, 2018, 05:53:44 AM

the hell is going on with the ETH meltdown?
BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1260
Merit: 1116



View Profile
February 17, 2018, 05:58:46 AM
Merited by Toxic2040 (1)

the hell is going on with the ETH meltdown?

Pages: « 1 ... 19501 19502 19503 19504 19505 19506 19507 19508 19509 19510 19511 19512 19513 19514 19515 19516 19517 19518 19519 19520 19521 19522 19523 19524 19525 19526 19527 19528 19529 19530 19531 19532 19533 19534 19535 19536 19537 19538 19539 19540 19541 19542 19543 19544 19545 19546 19547 19548 19549 19550 [19551] 19552 19553 19554 19555 19556 19557 19558 19559 19560 19561 19562 19563 19564 19565 19566 19567 19568 19569 19570 19571 19572 19573 19574 19575 19576 19577 19578 19579 19580 19581 19582 19583 19584 19585 19586 19587 19588 19589 19590 19591 19592 19593 19594 19595 19596 19597 19598 19599 19600 19601 ... 34478 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!