Bitcoin Forum
October 23, 2021, 08:34:20 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: New ATH today?
Yes - 35 (79.5%)
No - 9 (20.5%)
Total Voters: 44

Pages: « 1 ... 23008 23009 23010 23011 23012 23013 23014 23015 23016 23017 23018 23019 23020 23021 23022 23023 23024 23025 23026 23027 23028 23029 23030 23031 23032 23033 23034 23035 23036 23037 23038 23039 23040 23041 23042 23043 23044 23045 23046 23047 23048 23049 23050 23051 23052 23053 23054 23055 23056 23057 [23058] 23059 23060 23061 23062 23063 23064 23065 23066 23067 23068 23069 23070 23071 23072 23073 23074 23075 23076 23077 23078 23079 23080 23081 23082 23083 23084 23085 23086 23087 23088 23089 23090 23091 23092 23093 23094 23095 23096 23097 23098 23099 23100 23101 23102 23103 23104 23105 23106 23107 23108 ... 29728 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25465152 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. (157 posts by 13+ users deleted.)
Toxic2040
Legendary
*
Offline Offline

Activity: 1190
Merit: 2372



View Profile
March 21, 2019, 12:22:43 AM

how dare you call me not a shitposter? i came out of retirement just for this! you're not a shitposter! so hah!


reverse psychology gets em every time


--------

1h


4h

#stronghands'19
1635021260
Hero Member
*
Offline Offline

Posts: 1635021260

View Profile Personal Message (Offline)

Ignore
1635021260
Reply with quote  #2

1635021260
Report to moderator
1635021260
Hero Member
*
Offline Offline

Posts: 1635021260

View Profile Personal Message (Offline)

Ignore
1635021260
Reply with quote  #2

1635021260
Report to moderator
1635021260
Hero Member
*
Offline Offline

Posts: 1635021260

View Profile Personal Message (Offline)

Ignore
1635021260
Reply with quote  #2

1635021260
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1635021260
Hero Member
*
Offline Offline

Posts: 1635021260

View Profile Personal Message (Offline)

Ignore
1635021260
Reply with quote  #2

1635021260
Report to moderator
mrdeposit
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 509


View Profile WWW
March 21, 2019, 12:26:06 AM

how dare you call me not a shitposter? i came out of retirement just for this! you're not a shitposter! so hah!


reverse psychology gets em every time


--------

1h


4h

#stronghands'19
Aha, more place for upwards?
Bulls are impatient,bears are sad..
JayJuanGee
Legendary
*
Offline Offline

Activity: 2786
Merit: 4938


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
March 21, 2019, 12:29:38 AM

how dare you call me not a shitposter?

hahahahahaha

An admission from the V8.

goldkingcoiner
Hero Member
*****
Offline Offline

Activity: 1120
Merit: 545


Advisor


View Profile
March 21, 2019, 12:41:32 AM

are we pushing for a pumperino? It seems like we are pushing for a pumperino.

I dunno man, $4,000 still acting as a tough nut to crack.

nut cracked, eaten.

are we pushing for a pumperino? It seems like we are pushing for a pumperino.

Not yet. No.

We're attempting to stabilize around $4k first.

I don't see the Bogdanoffs getting involved again, for several months, yet.

Those handsome bastards step in when you least expect it. I still say we pushing for a pumperino
Tzupy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1073



View Profile
March 21, 2019, 12:46:37 AM


Thank you, I forgot to check tradingview. Here is a monthly chart for MACD, MFI and CCI:



But is that chart telling "us" anything meaningful about BTC's price future  (besides the long-term UP that "we" already presume)?  

That chart can't really tell "us" anything meaningful, but... just to me... (you might hate this  Roll Eyes )
It suggests that we are in a correction of a larger order, like we already had a historical V, and right now it's historical (end-of-)A or historical B.
If we are in historical B, then later this year, the market could top at 10k$ - 12k$, followed by C (another ~3 years of bear market, down to ~1,500$).


hahahahaha... I don't exactly hate it, but I could call it "interesting" "mumbo jumbo"... so you gave the scenario for if "we" happen to be in an "historical B," which does not sound like a very good scenario, especially because such scenario results in prolonged prices lower than today's prices and also lower than the already December low of $3,122,  but what if "we" happen to be in a "historical A" instead of an "historical B," then what should we expect (not that I should believe any of this chart woo woo Wink)?

By the way, does your "historical A" and "historical B" discussion points account for BTC's likely ongoing s-curve adoption? which likely results in exponential price rises through adoption? or do your "historical A" / "B" scenarios assume a certain level of BTC market maturity?

I did not write "historical A", but "historical (end-of-)A", meaning that I'm not sure if we have already completed the A, or we'll see a bit more down to complete A (all this assumes we are moving much slower than in 2014). In case we already completed A, we are now in B and should slowly climb towards the 4 of A, which is at ~12k$.
I don't care about S curve adoption, I see bitcoin similar to a multi-billion corporation with shitty R&D, so very bearish long term, if nothing changes for the good in R&D.
Raja_MBZ
Legendary
*
Offline Offline

Activity: 1764
Merit: 1419



View Profile
March 21, 2019, 12:50:17 AM
Merited by 600watt (1)

https://twitter.com/jack/status/1108487927078674432
Are you currently contributing to bitcoin-core or other crypto ecosystem projects for free in your off-time? We’d like to pay you to do it full-time. If interested, DM @SqCrypto, and follow for updates on our progress. Thank you!

From the very first tweet of the thread:

Quote
#BitcoinTwitter and #CryptoTwitter! Square is ....

Interestingly, it seems like Jack wants to separate bitcoin from rest of crypto by calling:

Bitcoin = bitcoin
Altcoins = crypto

how dare you call me not a shitposter?

An admission from the V8.

Facts do not need admissions!
Toxic2040
Legendary
*
Offline Offline

Activity: 1190
Merit: 2372



View Profile
March 21, 2019, 12:51:03 AM

Aha, more place for upwards?
Bulls are impatient,bears are sad..

The momentum is certainly building imho but we still have to decide how to deal with some end of the month shenanigans if I am interpreting the Cloud correctly. Best case scenario for bulls would be a sharp break above the 2.618 fib in the next couple of days to forestall a possible double top technical rebound at $4.195k. Otherwise some continued small ladder steps until after the first would bode well for further gains. Buy the dips and #dyor.

D

#stronghands'19
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4386


Be a bank


View Profile
March 21, 2019, 12:51:58 AM

hahahahahaha
https://info.binance.com/en/research/marketresearch/crypto-correlations.html
specially for you
edit and raja
bitserve
Legendary
*
Offline Offline

Activity: 1540
Merit: 1288


Self made HODLER ✓


View Profile
March 21, 2019, 12:52:38 AM

No, Bitcoin is Bitcoin, crypto is everything, including Bitcoin, altcoins and shitcoins. He is using it right.

On other news... Slow and steady... yeah.
btcbeliever
Member
**
Offline Offline

Activity: 232
Merit: 29


View Profile
March 21, 2019, 12:55:14 AM
Merited by Last of the V8s (1)


... So, I think the most safe thing is to hodl until there is a need or a strong desire to pay for something useful with part of the stash like house, car, college for the kids, etc. And after the purchase, any proper opportunity to recover the stash should be used. If only all people were thinking like that, we could have avoided all these idiotic crashes. ...

in my opinion the most safe thing is to diversify when extreme fomo takes hold, when bitcoin looks historically overvalued, to sell maybe half, and purchase another kind of asset.  If you can sell anywhere near the top, with a 70-85% drop coming afterwards, it's really foolish to hold.  I've held through 2 big crashes, having bought in early 2013.  It's much better to sell high than to sell 'when you want to pay for something'.  Keep your portfolio diversified in different assets.  There's no guarantee with any investment, including bitcoin.   On this next anticipated runup, I hope to follow my own advice better.

It sounds like a perfect plan, except a little tiny itsy bitsy detail: Do you know what the top will be with an 100% certainty? Unless you have a time machine, I doubt it. In early 2017 the top was almost certain to be $1000, 3 months later $3000, then ... you know the drill. I got burned by that logic 5 times in 2017. If I was just holding, now after all crashes, I should have had 4 times more bitcoins than I am having now. In reality, if you sell with the hope of 80% gains, you will certainly sell at least 10% below the top, and if you got the luck to nail the momentary dip, you could get like 20-30% tops. And that, if you are extremely lucky! Besides, there is a risk leaving fiat on exchanges and 10-40% taxes if you withdraw to the bank account. So, I prefer to hodl in all the coming crashes. Bring it on, baby!

I hear you, the tax bite was a real psychological impediment for me to sell.  But you have to overcome it.  If you have looked at each run-up before the massive crash, you can see a kind of ridiculously rapid increase in price, that's the signal to be accelerating divestiture out of bitcoin!  Don't worry about the taxes, you still will be way ahead if you sell when people are climbing all over each other to buy.  You don't need to know the exact top.  once  you get to about 10-20 times the price of $20,000 you can't loose by selling off a significant percentage periodically as it continues up.  There are some good log charts of bitcoin price going back 5-10 years, you can eyeball it and tell when it's a better time to sell and a better time to buy.  It's not quick nor easy, but it's better than holding through these huge run-ups and crashes.
xhomerx10
Legendary
*
Offline Offline

Activity: 2912
Merit: 4257


Go! BTC Go!


View Profile
March 21, 2019, 01:02:13 AM

^yeah thought he was a maximalist. he probably does know lol

meanwhile the worm has turned.

 In another 40 minutes or so me and my Sasuke hat are going to go out on the roof (I'm working nights again) and try to increase our Bitcoin Chakra in the light of the super worm moon using the moon symbol given to us by the Sage of the Six Paths and possibly some gravitational ninjutsu.

TL;DR moon soon

Edit: speaking of the worm turning

JayJuanGee
Legendary
*
Offline Offline

Activity: 2786
Merit: 4938


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
March 21, 2019, 01:10:04 AM

[ edited out]

I did not write "historical A", but "historical (end-of-)A", meaning that I'm not sure if we have already completed the A, or we'll see a bit more down to complete A (all this assumes we are moving much slower than in 2014). In case we already completed A, we are now in B and should slowly climb towards the 4 of A, which is at ~12k$.

Thanks for the clarification about the location in "historical A" or "end of".  So I think that I more clearly understand your thinking.

I don't care about S curve adoption, I see bitcoin similar to a multi-billion corporation with shitty R&D, so very bearish long term, if nothing changes for the good in R&D.

And, thanks for this explanation too.  I had thought that our last price surge to $20k might have zapped you out of some of your bearish skepticisms, but no problem... at least, if you disclose from where you are coming, then we will end up (likely) recognizing that you were wrong at some , when the s-curve exponential growth likely continues... and the spurt to $1.3k and then the next spurt to $20k should have been decent signs of such s-curve exponential growth/adoption. 

Anyhow, surely it is fair enough for you to have those kinds of skeptical views of BTC and even to invest accordingly (careful not to risk too much on shorting, rather than merely selling BTC), and when BTC prices move between $12k and $18k in the coming year or two, you might start to reconsider your thinking, even if there is likely going to continue to be a lot of price volatility in that $12k and $18k price range.

Maybe you will adjust your perspective, and maybe not.. that is your freedom.. and then when BTC prices go shooting past $20k (which is going to become much more likely once we get within about 20% of previous ATH.. maybe getting above $17.5k or so is going to cause a kind of likely unstoppable upwards momentum).... That shooting past $20k is likely going to bring us to at least into the $30k area (and hopefully beyond), that will provide another opportunity for you to reconsider the lack of s-curve adoption in BTC, from your perspective. 

hahahaha.. I would say, "sucks to be you," but you are likely going to have several opportunities in the coming years to adjust your views.. to become somewhat less skeptical.. and seems that you have done decently well in BTC investments in the past.. at least some of your calls seem to have been fairly decent, even if the long-term bearishness does not really seem to be represented in bitcoin's long view - even though there have been some bearish bitcoin periods, too (2014 for sure and 2018.. but overall bullish, if you consider the whole period 2013 to 2019 with at least 3x or more profits, depending on various entry points that are still quite UP)..
600watt
Legendary
*
Offline Offline

Activity: 2338
Merit: 2088



View Profile
March 21, 2019, 01:13:20 AM
Merited by Paashaas (1)

https://twitter.com/jack/status/1108487927078674432
Are you currently contributing to bitcoin-core or other crypto ecosystem projects for free in your off-time? We’d like to pay you to do it full-time. If interested, DM @SqCrypto, and follow for updates on our progress. Thank you!

From the very first tweet of the thread:

Quote
#BitcoinTwitter and #CryptoTwitter! Square is ....

Interestingly, it seems like Jack wants to separate bitcoin from rest of crypto by calling:

Bitcoin = bitcoin
Altcoins = crypto

(...)

indeed, very interesting. that could lead to way less confusion.
LFC_Bitcoin
Legendary
*
Online Online

Activity: 2604
Merit: 5489


One of the world's leading Bitcoin-powered casinos


View Profile
March 21, 2019, 01:15:23 AM

Just woke up for a piss, blurry eyed checking phone - Over 4k - Happy days!
Now back to sleep Cheesy
JayJuanGee
Legendary
*
Offline Offline

Activity: 2786
Merit: 4938


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
March 21, 2019, 01:21:51 AM

Just woke up for a piss, blurry eyed checking phone - Over 4k - Happy days!
Now back to sleep Cheesy

Don't jinx us blurry head.

We are having a good time, here. Cool
kingcolex
Legendary
*
Offline Offline

Activity: 2366
Merit: 1258



View Profile
March 21, 2019, 01:26:37 AM

Just woke up for a piss, blurry eyed checking phone - Over 4k - Happy days!
Now back to sleep Cheesy
it's nice isn't it? I was pretty psyched myself.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4386


Be a bank


View Profile
March 21, 2019, 01:31:03 AM

https://bitcointalk.org/index.php?topic=1954571.msg49365787#msg49365787
wow nice work Cool
someone give us a quick run-down pls?
Toxic2040
Legendary
*
Offline Offline

Activity: 1190
Merit: 2372



View Profile
March 21, 2019, 01:34:10 AM
Merited by Phil_S (1)

Bitcoin is spreading like a virus.



Quote
Abstract

We illustrate, by way of example, that Bitcoin’s long-term price is non-random and can be modeled as a function of the logistic growth of number of users n over time. Using observed data for both Facebook and Bitcoin, we derive the relationships between price, number of users, and time, and show that the resulting market capitalizations likely follow a Gompertz sigmoid growth function. This function, historically used to describe the growth of biological organisms like bacteria, tumors, and viruses, likely has some application to network economics. We conclude that the long-term growth rate in users has considerable effect on the long-term price of bitcoin.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3356098

You can do to this page here  ^  and open the doc in a pdf. Interesting.
Toxic2040
Legendary
*
Offline Offline

Activity: 1190
Merit: 2372



View Profile
March 21, 2019, 01:41:30 AM

https://bitcointalk.org/index.php?topic=1954571.msg49365787#msg49365787
wow nice work Cool
someone give us a quick run-down pls?

Awesome bitcoiners donate 8btc(47.5k euros) to help children in Africa. Its taken awhile but the campaign is now complete and all is well. Still 3btc left over and could someone take over because running a charity is time consuming and a pain in the rear...600watt is a freakin legend...basically.
Retina
Member
**
Offline Offline

Activity: 252
Merit: 59


View Profile
March 21, 2019, 01:48:24 AM

Just woke up for a piss, blurry eyed checking phone - Over 4k - Happy days!
Now back to sleep Cheesy
it's nice isn't it? I was pretty psyched myself.
Yes now celebrate the party, for that. Cool
Now Click image. Grin
Quote
Pages: « 1 ... 23008 23009 23010 23011 23012 23013 23014 23015 23016 23017 23018 23019 23020 23021 23022 23023 23024 23025 23026 23027 23028 23029 23030 23031 23032 23033 23034 23035 23036 23037 23038 23039 23040 23041 23042 23043 23044 23045 23046 23047 23048 23049 23050 23051 23052 23053 23054 23055 23056 23057 [23058] 23059 23060 23061 23062 23063 23064 23065 23066 23067 23068 23069 23070 23071 23072 23073 23074 23075 23076 23077 23078 23079 23080 23081 23082 23083 23084 23085 23086 23087 23088 23089 23090 23091 23092 23093 23094 23095 23096 23097 23098 23099 23100 23101 23102 23103 23104 23105 23106 23107 23108 ... 29728 »
  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!