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Question: When $60K? (EST time zone)
Feb. 21 - 7 (5.7%)
Feb. 22 - 19 (15.6%)
Feb. 23 - 13 (10.7%)
Feb. 24 - 9 (7.4%)
Feb. 25 - 8 (6.6%)
Feb. 26 - 9 (7.4%)
Feb. 27 - 3 (2.5%)
Feb. 28 - 4 (3.3%)
March - 28 (23%)
After March - 14 (11.5%)
Never - 8 (6.6%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25191077 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.)
LFC_Bitcoin
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October 31, 2019, 02:33:08 PM

"2x per year" lines, plus Anon's predictions:



I doubt the rise well be that smooth and orderly. This is corn we're talking about.

I think the rise will be less steep & another 12 months to reach that peak.

12 months to $100k? That's pretty optimistic expectation I guess.

Another 12 months than this graph is projecting so mid to late 2021.

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October 31, 2019, 02:48:56 PM
Merited by wwzsocki (1)

In my opinion, there is a big chance for a pump if the current attempt to reverse the trend succeeds.

BTC/EUR chart looks weird  Grin

anyhow, I highly doubt any more considerable pumps until dec where we could very likely hit 12k then, as for this monthly candle , i think it will close around 9500$ , and next month movement will be within the current candle's body.

The theory above is based on a very large picture analysis I made a while ago using Fibo only, so far everything seems to be going according to "plan"


Quote


Since the start of Bitcoin market,we had only 2 major bull trends (nearly 2 years long) and 2 bear markets (nearly a year long)

In this chart I am interested in how does each bull trend starts, assuming ofcourse that we are now in the 3rd bull move which suppose to last about 2 years , we are nearly a year in now.

by drawing the Fib from the bottom to the top of each bull market, we get some interesting facts.

1-A correction all the way down below that 0.786 (blue)  > Done
2-A rejection from the 0.618 > Skipped
3-A rejection from the 0.382 (14k) > Done
4-A retest of the 0.618  at around 7700$ > still confirming.... Done
5-A retest of the 0.5 level (9900$)  > unknown but must happen this month  Done
6-A steady move to ATL ATH in 5 months > unknown

more updates can be found here > https://bitcointalk.org/index.php?topic=5191555.msg52708556#msg52708556  , wish I can follow up with the WO but i am way too slow and the memes are so much for me.  Grin
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October 31, 2019, 02:56:59 PM
Merited by Globb0 (2)

Amazing!



@Bitcoin
11 years ago today...

https://twitter.com/bitcoin/status/1189894737735471104?s=21
LUCKMCFLY
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October 31, 2019, 03:20:35 PM

I love Italy...



Source: https://www.coinness.com/news/443952

Example to follow for many more countries.
MichaelX
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October 31, 2019, 03:21:45 PM

That is so awesome. 10 years ago today. Can you imagine what the next 10 years will be. I certainly can't, but as someone else said "Past performance is no guarantee of the future, but they tend to rhyme."
whiteboy420
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October 31, 2019, 03:24:18 PM

shorts on finex capitulated.

so who is paying the longs now ?

Didn't you get r3ckt enough, recently?  Or you just want to keep on acting like a dumb who thinks that he knows "things"?


still short from 9750$.

But yeah got stopped out on my last trade.

El duderino_
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October 31, 2019, 03:26:09 PM

Hmm, $BTC hoovering up supply just under major resistance. RSI+WT obviously broke out of their 4 month trend. Just a matter of time until the next leg up to $11k+ IMO.

via Imgflip Meme Generator

https://twitter.com/beastlybtc/status/1189923725639991296?s=21

But I want 16K today, just to close October Cheesy
JayJuanGee
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October 31, 2019, 03:31:33 PM

"2x per year" lines, plus Anon's predictions:



I doubt the rise well be that smooth and orderly. This is corn we're talking about.

I think the rise will be less steep & another 12 months to reach that peak.

12 months to $100k? That's pretty optimistic expectation I guess.

Another 12 months than this graph is projecting so mid to late 2021.

Fuck the graphs beyond just allowing us to visualize degrees of movement rather than any kind of level of certainty that is sometimes ascribed to them.

Conceding that bitcoin can make a vast array of outrageous price movements and retrospectively we can look back at "what it did" and assert that it was within the realm of expectations - even if a bit outrageous.  In other words, we are kind of used to being shocked by what bitcoin does... especially while in the midst of the doings..

So in that sense it is possible that BTC could front run all of this and get to $100k in 3 months or even less, but in my humble bumble (and sometimes not so humble) thinking, the more prudent scenarios would put 12 months from now as within the range of the minimum of the best case (prudent) scenarios. 

More realistically we are talking 12 to 18 months after the halvening (which would be 18 months to 24 months from now) before we would breaking into or even touching upon $100k BTC prices.

Sure, there are also relatively prudent scenarios that would allow for a BIGGER battles taking place this time around and in this 4 year fractal pattern, which would cause a seeming break from the fractal pattern and would cause a much longer period before BTC reaches $100k - perhaps even adding another halvening into the mix before we even are able to reach $100k. 

Therefore, even though we feel real wonderful about how bitcoin's price movements have played out so far in our lives to cause a lot of us to become way the fuck richer than we thought and to have become richer much faster than we thought, we should not be allowing such previous patterns to cause us to become too complacent in our BTC price expectations - and treating probably events as givens - which means that even adding another 4 years to whatever had been previously expressed as prudent possible scenarios could allow us NOT to get our hopes up too much, and even those kinds of extra 4 years to reach $100k could still be relatively bullish for bitcoin as long as BTC prices don't go below $5k for extended periods of time  - or worse yet to go back to testing $3,122 support seems almost out of the question, even though it could end up playing out as bullish in the long run. 

Don't get me wrong, absent some outrageous bitcoin breaking scenario, I would assign really low probabilities to $3,122 being revisited, probably even less than 12%, and even getting back to below $6.5k seems to be less than 40%.. maybe even lower than that could be a prudent assertion, now.  I think that my point is that even having decent odds in our favor and making bitcoin to be likely one of the best investments currently on the market, there are a decently large number of scenarios (and even prudent ones) in which the more probable event (going to $100k and beyond within 12 to 18 months after the upcoming halvening) does not end up playing out.

Don't be calling me a bear, you fucks.   Tongue  I am merely a cautious bull who does not want to either count my chickens before they are hatched or to create expectations that are so goddamned high that inevitably I am going to end up disappointed.  I feel a little better when my situation evolves in such a way that ends up exceeding my expectations, and even with a bit of a cushion of exceedingness - which surely has been my experiences with bitcoin, so far to date. 

By the way, in bitcoin, I am about 8x to 12x above my expectations depending on how the matter is framed, so there would have to be some pretty extreme shitty-ass situations happen in bitcoin before I would start to feel that bitcoin has either underperformed my expectations or lead me to a worse situation (psychologically and/or financially), and even if some of the extreme shitty-ass situations were to end up playing out, I am not without some abilities to attempt to recognize the shitty situation and to mitigate my losses, and at the same time, there could also have been some satisfaction for having been on this so far crazy-ass ride.
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October 31, 2019, 03:32:36 PM

-snip-
The conclusion from that is: The existence of men is pointless and will soon not be necessary. Our future AI overlords will realize this, and shall start exterminating males as soon as the tables turn. Don't try creating arguments mr. r0ach when your IQ is even challenged by early monkey specimen. Kiss
 Nothing in this universe is pointless. You just don't understand it. Based on your behavior you don't have a very high conciousness to be able to know that. Iq is not consciousness. What's the point of high IQ if you learn from the wrong books that are censored and their purpose is to brainwash.
El duderino_
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October 31, 2019, 03:37:23 PM

Canada beating U.S. to the punch on ETFS! Launch coming soon

https://twitter.com/redditbtc/status/1189926829429317632?s=21

Now it’s Canada’s time to ETF  Roll Eyes
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October 31, 2019, 03:40:24 PM

I love Italy...



Source: https://www.coinness.com/news/443952

Example to follow for many more countries.

Must be nice to live in a country where you can use bitcoin to pay for things online.

The US is stuck with BitPay where you can't pay with bitcoins without installing some obscure wallet and paying BitPay extra fees while they advertise bcash with zero fees.
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October 31, 2019, 03:47:42 PM

I love Italy...



Source: https://www.coinness.com/news/443952

Example to follow for many more countries.

Must be nice to live in a country where you can use bitcoin to pay for things online.

The US is stuck with BitPay where you can't pay with bitcoins without installing some obscure wallet and paying BitPay extra fees while they advertise bcash with zero fees.

I have read that report.
Many have observed that the source is unknown and not available, it' s only a long ciruclar reference of articles.
That statistics also looks very suspicious to me: no way BTC payments in italy are 20% of whole PayPal payments.
I know only a couple of people who actually use Bitcoin, while pretty everyone use PayPal (and bear in mind that I think my survey is pretty skewed towards Bitcoin users, for obvious reasons).
JayJuanGee
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October 31, 2019, 03:49:46 PM

-snip-
The conclusion from that is: The existence of men is pointless and will soon not be necessary. Our future AI overlords will realize this, and shall start exterminating males as soon as the tables turn. Don't try creating arguments mr. r0ach when your IQ is even challenged by early monkey specimen. Kiss
 Nothing in this universe is pointless. You just don't understand it. Based on your behavior you don't have a very high conciousness to be able to know that. Iq is not consciousness. What's the point of high IQ if you learn from the wrong books that are censored and their purpose is to brainwash.

You must be new in these parts, jupiter9?

Point is that it does not even matter if Lauda is correct or not.  Only rarely is there any semblance of a reason to actually support dee snot-nosed roachie poachie, except perhaps is he is inadvertently saying something smart, which again tends to be an extremely rare happening.
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October 31, 2019, 04:18:48 PM

More realistically we are talking 12 to 18 months after the halvening (which would be 18 months to 24 months from now) before we would breaking into or even touching upon $100k BTC prices.

Sure, there are also relatively prudent scenarios that would allow for a BIGGER battles taking place this time around and in this 4 year fractal pattern, which would cause a seeming break from the fractal pattern and would cause a much longer period before BTC reaches $100k - perhaps even adding another halvening into the mix before we even are able to reach $100k. 

So basically just keep DCA'ing into the foreseeable future. I think I can do that.
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October 31, 2019, 04:26:52 PM

-snip-
The conclusion from that is: The existence of men is pointless and will soon not be necessary. Our future AI overlords will realize this, and shall start exterminating males as soon as the tables turn. Don't try creating arguments mr. r0ach when your IQ is even challenged by early monkey specimen. Kiss
 Nothing in this universe is pointless. You just don't understand it. Based on your behavior you don't have a very high conciousness to be able to know that. Iq is not consciousness. What's the point of high IQ if you learn from the wrong books that are censored and their purpose is to brainwash.

You must be new in these parts, jupiter9?

Point is that it does not even matter if Lauda is correct or not.  Only rarely is there any semblance of a reason to actually support dee snot-nosed roachie poachie, except perhaps is he is inadvertently saying something smart, which again tends to be an extremely rare happening.

I looked to see who would give him a damn merit, then saw that it was me, then wondered why the hell I would have done that.

Oh, he's this guy Cheesy :

My friend, let me tell you something. I never had a sex and i probably won't have in this life. I'm almost 40 years old. But i never got any compensation for that. All i have is 0.5 btc but i'm still happy with my life.

I'm kind of regretting it now though because part of having a high IQ is being able to figure out which books are brainwashing you.
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October 31, 2019, 04:29:40 PM

Remember the guy who ''lost'' 4 BTC after using the LN?

It was a major lie.

Must have been a shitcoiner.

I'll bet on that those fake news were funded by the Vermin. (You know who) I still don't trust LN blindfolded but i also know it wasn't meant to be used with big money like 4 btc. You literally need to he retarded to risk so much money on that tech.

Fu vermin.
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October 31, 2019, 04:36:30 PM

Money printers once again cut rates at all time highs for stock markets. This is unprecedented and obviously wont end well for legacy markets.

Bitcoin is a derivative of the US dollar and various other fiats and is in no way free floating whatsoever, nor the unit of account of anything.  If the market imploded in deflation, Bitcoin would go straight off a cliff with all the other high risk, gambling pump and dump scams like WeWork.  So Bitcoin is garbage for deflation.  

For inflation?  If there was a Venezeulan-style melt up, people then lose faith in the current unit of account (Jewish Federal Reserve note), and all pile into the base of Exter's Pyramid to try and retain value (physical gold and silver). Bitcoin is located nowhere near the base of Exter's Pyramid so in a rush to the exits will not be the benefactor of becoming the new unit of account.  Technically gold and silver never even stopped being the unit of account, even Max Keiser the worst Bitcoin shill on earth admits it.  You just live in a system where everyone who received paper promises got scammed, but the world never even went off metals.
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October 31, 2019, 04:41:12 PM

Canada beating U.S. to the punch on ETFS! Launch coming soon

https://twitter.com/redditbtc/status/1189926829429317632?s=21

Now it’s Canada’s time to ETF  Roll Eyes
Weee, Good news!
realr0ach
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October 31, 2019, 04:43:32 PM

Canada beating U.S. to the punch on ETFS! Launch coming soon

https://twitter.com/redditbtc/status/1189926829429317632?s=21

Now it’s Canada’s time to ETF  Roll Eyes
Weee, Good news!

Now we can ride the pump and dump scam rocket to the moon again just like the good old days of BAKKT.  Not sure if I can find a place to store so much profit.  My coffers are just overflowing from the BAKKT pump as is.
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October 31, 2019, 04:55:00 PM

Canada beating U.S. to the punch on ETFS! Launch coming soon

https://twitter.com/redditbtc/status/1189926829429317632?s=21

Now it’s Canada’s time to ETF  Roll Eyes
Weee, Good news!

Now we can ride the pump and dump scam rocket to the moon again just like the good old days of BAKKT.  Not sure if I can find a place to store so much profit.  My coffers are just overflowing from the BAKKT pump as is.
It's cool that you know how to understand the market. Do you have a gift of Vanga? Or are you just lucky that you don't believe in Bitcoin and so far you've been able to make money on it? I think you will be disappointed sooner or later. Roll Eyes
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