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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.5%)
$11,500-$12,000 - 5 (7.6%)
$12,000-$12,500 - 16 (24.2%)
$12,500-$13,000 - 12 (18.2%)
$13,000-$13,500 - 8 (12.1%)
$13,500-$14,000 - 5 (7.6%)
>$14,000 - 14 (21.2%)
Total Voters: 66

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23386540 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. (148 posts by 37 users deleted.)
Febo
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August 02, 2019, 03:00:10 PM

About next halving, that's what a (very basic) graph says:

https://i.postimg.cc/pPYCCB2R/download.png

Not sure. Looks too good to be true, but what do I know.

That is one year old chart. And it is currently totally off. Just put in the current price in and see how far it is from the line.  I have no ideas what you see is to good here. It is telling us that bottom had not happened yet.
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August 02, 2019, 03:06:30 PM

Bitcoin, halvening and Plan B appear on the Sun!

https://www.thesun.co.uk/tech/9634852/bitcoin-price-rise-85-all-coins-mined/

Funny picture caption thou:



They put hard disk mining bitcoin? Really?

WO CONTEST: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!


Now where was that 1337 unit again it is overclocked and undervolted but only hashes at 66.6 Th/s!
Screw it the whole operation is ruined. Embarrassed
Maybe we can sell these off to genesis-mining.
Those guys will take anything and charge them thinking these will mine coinz for them. lulz! Cheesy
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August 02, 2019, 03:18:17 PM

Bitcoin, halvening and Plan B appear on the Sun!

https://www.thesun.co.uk/tech/9634852/bitcoin-price-rise-85-all-coins-mined/

Funny picture caption thou:



They put hard disk mining bitcoin? Really?

WO CONTEST: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!


-- Damn, you mining BTC with that bro?
-- Naah, just HDs to store BSV's blockchain...
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August 02, 2019, 03:18:38 PM

$10,600
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August 02, 2019, 03:25:27 PM

$10,600

Nice & gently... So satisfying to see it rise like that...
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August 02, 2019, 03:29:21 PM


WO CONTEST: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!

I dunno Frank, that looks malignant, you should get it checked out.
Yeah, probably, hey wanna go grab some chili-dogs?
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August 02, 2019, 03:30:16 PM

$10,600

Nice & gently... So satisfying to see it rise like that...

The problem is because the market is fairly easy to manipulate atm I can see us touching 11k & then a whale or two dumping hard to take us into the 9k’s again.

There’s no FOMO atm so it’s relatively easy to make quick, easy & fairly significant profits if you have deep enough pockets to move the market.
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August 02, 2019, 03:33:24 PM

$10,600

Nice & gently... So satisfying to see it rise like that...

+$1000 in 4 days, very nice.
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August 02, 2019, 03:35:30 PM

2023? I aint got time for this shit. 50k next year and I am out with 75%. I am 38 and should start to enjoy life  Cool

Haha!

If you can wait until 2021 I think we’ll see $100,000 per coin. Glad to see you’d always keep some in reserve, good choice. You just know there’s going to be some HODLERS who sell everything at the next ATH & watch in horror when we hit six figures.

2021 is my limit. I hodled for 5 years now, not payed out a cent. At some point you have to Sodl. Of course investing 75% in other "safe" things, wich I have to figure out.
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August 02, 2019, 03:41:59 PM




all fucking morning c800 no work!
Debug c800?
yep
ESDI
ESDI?
Yep D800
D800?
g=D800:5
Shit.
yep Smiley
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August 02, 2019, 03:42:51 PM






Since we are making jokes and digs.... I get the feeling that instead of trying anything physical, your "wrath" might have involved dropping a very long anonymous letter in my locker if you were upset bc of something "extreme" I said.  Wink

Maybe dropping a dick pic?  hahahaha


via Imgflip Meme Generator

you set yourself up for that one buddy  Wink

Maybe funny, maybe not.  In my humble bumble opinion, it is a bit problematic when your humor only works as a product of your changing my actual post, rather than working with the words that I had already used.  

A lot less creativity, there and misleading, too.. ... but whatever, do what you like.... and maybe you will even get suspended or banned for such conduct, as a side product... that would be funny, right?    Cheesy Cheesy Cheesy Cheesy

I didn't change your words. You should go back and look.

You made the reference about yourself clandestinely dropping a dick pic in another mans locker.

I merely added bold text to your words and gave a light hearted Homo Erectus meme response that your comment was clearly begging for.  Cheesy

https://bitcointalk.org/index.php?topic=178336.msg52017778#msg52017778 refer back to your original quote if you doubt me.  Wink

Also, you really think I would get banned or suspended w harmless anthropological memes like this??

via Imgflip Meme Generator

This is all in good fun and nothing compared to the things roach gets away with.

Comparing yourself with roach should hardly be the standard.

Also, regarding humor... no problema...  Surely, there is a decent variety of humor herein.. and it surely is within your "artistic" discretion regarding where or how far to go and if you consider your humor to be contributory in terms of whatever message that you would like to emphasize about your topic or yourself or your avatar.
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August 02, 2019, 03:43:39 PM
Merited by JSRAW (1)

I thought maybe he would go down further because he had changed his course and made the wrong decision Although one such as the other common loss!
Okay I am totally confused here. Who is the he now?

Can you please write in detail instead of one line chatting style conversations? I am really not good at short cut communications.

Are you better at long ones?    Wink
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August 02, 2019, 03:44:17 PM

$10,600

Nice & gently... So satisfying to see it rise like that...

The problem is because the market is fairly easy to manipulate atm I can see us touching 11k & then a whale or two dumping hard to take us into the 9k’s again.

There’s no FOMO atm so it’s relatively easy to make quick, easy & fairly significant profits if you have deep enough pockets to move the market.

I worry about that too. Happened too many times recently. Could have used it to gain a lot from trading, but I'm in HoDL mode (as always), so I just observe alternating reds and greens... I think the 2018 mega-pump and subsequent dump will drive many to SoDL as we climb to $20k and beyond, thus slowing the rise.

Got to be patient and hope for 6 figures by 1-2 years post-halving (quite possible IMHO).
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August 02, 2019, 03:54:17 PM

JayJuanGee, do you find the existence of pugs strange?  Like people are purposely creating retarded dogs as some form of self-amusement?

I don't know.  Maybe they want the dog for the "love" rather than the smartness, even though the dog would not be able to defend for itself in nature?

We are not completely that attached to nature in some senses, anyhow, correct?  Especially when it comes to pets.

The world evolves in a variety of ways, roach, and personally, I find it much more healthy to attempt to live in a way that accepts the rest of the world for what it is and attempt to find my own place within such world as it already exists.  Surely, there is nothing wrong with asserting preferences,  but it could be a bit problematic to attempt to impose too much prescriptive value onto the variety of differing choices of others, even if some of the differences seem illogical and less productive and even contra-productive.

Sometimes we are also able to profit individually from the known dumbness of others, such as folks who might know about BTC for a long time, but fail and refuse to take a hedge investment into it because they are waiting for Armageddon. Sometimes, if we are personally investing our portfolio in a more prudent and realistic manner, then our portfolio has some kind of advantage of seeing the matter more clearly, and we can profit from the dumbness  or the late to the partiness of others.
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August 02, 2019, 04:02:15 PM

Last time we went from roughly $1K to $20k.
I would say that $50K is a minimal expectation IF the cycles continue the up down pattern, which is always an unknown.
I would not be surprised by $200K, but would not plan for it as far as seriously laying out what to do if and when.
That was not a halving boost, that was a year of market movement, if the 10k-19k happened during anytime close to a halving id give it to you, but it didn't.

I might give it to you, kingcolex, that halvening does not explain everything in terms of BTC's price movement in the last cycle, but wouldn't you concede that you could have upwards BTC price pressures that are happening around the halvening, both before and after, and even the ones that are significantly after, could be a kind of catching up to restrictions on new supply.

Of course, in 2017, we had some other seeming resolutions of some contentious issues in bitcoin that largely resolved in favor of status quo bitcoin, and those kinds of resolutions either contributed to the existing upwards price momentum or gave it a boost.  Surely, the 2016 havening should not have hurt such upwards momentum.. that likely got a bit out of control, even once the upwards price had surpassed $6k-ish... but whatever, sometimes momentum and exuberance can be a part of the whole price pressures adjustment situation that goes along with price finding too, that can take years to resolve rather than merely happening around the exact time of the halvening.
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August 02, 2019, 04:05:16 PM
Merited by RejectedBanana (1)

It's time (again) for a Wall Observer Meta Post!
I am going to switch to monthly schedule soon!

Merit analysis based on LoyceV merit file: http://loyce.club/Merit/merit.all.txt

Merit updated to Friday,26, Jul, 2019 02:51:39 UTC
[snip]

As a side note, ya'll need to quit meriting our resident troll-who-must-not-be-named. The asshole has nearly 300 merits, but gives back merits to no one else.

He is not funny. He is not cool. He spews a bunch of worthless crap. He is a fkn troll. And he won't leave.

Stop meriting him pls. And for the love of the godz, don't quote him.
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August 02, 2019, 04:05:35 PM

Bitcoin, halvening and Plan B appear on the Sun!

https://www.thesun.co.uk/tech/9634852/bitcoin-price-rise-85-all-coins-mined/

Funny picture caption thou:

They put hard disk mining bitcoin? Really?

WO: Best dialogue between the two blokes in front of the "hard disk" wall wins 2 merits!


They missed the most important information, here i fixed their chart:



Oberserving $10530...

20 years later I will be at my 50's though. Having a few billions will surely help but I don't know. I'd rather want them in my 30's which means now or at least in the next 10 years.

You going to rob a bank so you can buy some more bitcoins?  Or you are going to "over" leverage yourself because you can really see up?
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August 02, 2019, 04:05:53 PM

now this is my kind of bear market
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August 02, 2019, 04:13:41 PM
Last edit: August 02, 2019, 04:30:19 PM by JayJuanGee

Last time we went from roughly $1K to $20k.
I would say that $50K is a minimal expectation IF the cycles continue the up down pattern, which is always an unknown.
I would not be surprised by $200K, but would not plan for it as far as seriously laying out what to do if and when.
That was not a halving boost, that was a year of market movement, if the 10k-19k happened during anytime close to a halving id give it to you, but it didn't.

It takes 6-12 months for the full effects of the halving to be realised by the market. Miners sell bitcoin to cover costs, all of a sudden they’re getting half the amount of coins as a block solving reward therefore they have half the amount to dump on exchanges. I think it takes a while for that to be reflected in the price.

We will see one more absolutely parabolic bitcoin bull run before it begins to stabilise as an asset imo.
I think Biodom is right, 200,000 USD per bitcoin is possible, maybe in mid to late 2021 if not early 2022.

I’m the most excited I’ve ever been about bitcoin, life changing money is coming to us all so long as we are BTC buyers, HODLers, and/or accumulators.

FTFY by adding a condition.  

I would not want to make the ideas too long, either, but even the no coiners and fence sitters are likely to profit from bitcoin in terms of the creation and promulgation of a system that is more fair and creates incentives to keep other actors more honest.  So, if some of those no coiners and fence sitters start to take a stake in bitcoin, too, they might not get rich right away, but they still have very decent chances to profit from bitcoin, even if they feel that they were relatively "late to the game."
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August 02, 2019, 04:20:33 PM
Last edit: August 02, 2019, 04:40:44 PM by JayJuanGee

About next halving, that's what a (very basic) graph says:


https://i.postimg.cc/pPYCCB2R/download.png


Not sure. Looks too good to be true, but what do I know.

Yes.. What do you know is correct.  That chart does not seem to have too good of odds of becoming true, and surely seems to be perpetuated by someone who is looking more forward to down than up.

We cannot be too certain that down is not going to happen, but the degree of down that is depicted in that chart seems to be a bit over the top, and does not really seem to align with either current BTC price dynamics or what seems to be in the cards of bitcoins short to medium term price dynamics, in the coming 3 months to 2 years.   It seems quite likely that we could top, our next up trend in less than 2 years, and your chart seems to be requiring close to 6 years to accomplish such toping...

Maybe your chart is correct, but something seems to be a bit off about the chart, in terms of current bitcoin price dynamics and future likelihoods.  

Edit:  I see from subsequent posts that I probably should not be taking the substance depicted in the chart very seriously.  Whoops...

Bro you are so optimistic. 2020 is almost there. 100k per coin in 2021? Would love it, but based on what?

Assuming we’re at approx $10,000 - $15,000 at the time of the halving it’s around 10 x price increase.

At the halving in July 2016 we were at around $600. From there to the peak of our last cycle that’s over 30 x increase.

I think $100,000 per bitcoin at the end of 2021 is definitely possible. Speak to HairyMaclairy for detailed price predictions based on TA & charts. I’m just going off what I’ve observed before. I think HM is suggesting a fair bit more than 100k per coin at the top of this bull cycle.

Hairy seems to be suggesting $200k to $350k to be in the ballpark of the top, which also seems reasonable, even if it also seems a bit of a stretch, too, based on current prices and how much value is going to have to go into bitcoin in order to achieve such a pump that is largely modeled upon fractal comparisons.

Bro you are so optimistic. 2020 is almost there. 100k per coin in 2021? Would love it, but based on what?

Assuming we’re at approx $10,000 - $15,000 at the time of the halving it’s around 10 x price increase.

At the halving in July 2016 we were at around $600. From there to the peak of our last cycle that’s over 30 x increase.

I think $100,000 per bitcoin at the end of 2021 is definitely possible. Speak to HairyMaclairy for detailed price predictions based on TA & charts. I’m just going off what I’ve observed before. I think HM is suggesting a fair bit more than 100k per coin at the top of this bull cycle.
100k is possible but it's impossible to predict exact top of the cycle. Major bull run usually ends with parabolic rally which means huge gains every day. So it really depends how long the upward momentum can hold until it pops. Just a week more can mean +50%. So there is very little difference between, say 80k and 120k.

It would not necessarily be prudent to attempt to time the exact top, and like you said, a bit of a difficult task in any event.
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