Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[VB1001]

Using @100trillionUSD's model, @coinmetrics's data, and @hamal03's codebase, I made a graph of the difference between the stock-to-flow model price and the actual price.
Seen below is using the 14-day moving average for the actual price.

Thoughts below

https://twitter.com/bitstein/status/1200274021348196353

Eventually S2F will be infinite (no producer sell pressure)

And reservation demand will be (if not already) the highest of all assets on the planet (least willingness to sell by prev buyers)

This means price will rise until absolute full adoption in a virtuous cycle

Simple

https://twitter.com/parabolictrav/status/1211117270027493376


I have to admit that I am a bit skeptical that this model is 100% compatible, but neither did I expect the ATH 19K and I arrive.

Anyway, if we are really going in that direction, we should schedule a monthly investment plan to buy a bitcoin amount, no matter how small. (don't wait to buy when the knife is falling.)

If the S2F model is fulfilled in the future, the vast majority can only buy satoshis.

[realr0ach]

bitcoin

Bitcoin is a Ponzi scheme.  Anything based on artificial scarcity is a Keynesian scam by default.  As per the Aristotle definition, money is required to be a physical commodity rescource.  Plato claimed money can be an imaginary widget, but Plato was an authoritarian statist who believed the state should control and run everything.  

So Bitcoin doesn't even make sense when Plato's only reason for making imaginary widgets money was to give the state more power.  That's what eventually does happen in Bitcoin too, though.  Because tokens are non-fungible and transaction validators are designed to centralized, making it a permissioned ledger, Chinese social credit score, cashless society slavery system that abolishes the 5th amendment with everything you do being tracked and monitored in real-time.  Good work, slaves.

[realr0ach]

If the S2F model is fulfilled in the future, the vast majority can only buy satoshis.

You debunk yourself with your own posts.  Stock to flow only works on real commodity resources with inelastic demand.  Like, you know, things involving Maslow's hierarchy of needs - objects contributing towards food, clothing, shelter, etc, and on up the pyramid.  If the price of Bitcoin is low, nobody needs it for anything.  If the price is high, they still don't need it.  There is absolutely nothing that's going to cause poor people to form lines to pay you highway robbery prices for imaginary timestamps should you succeed in manipulating the artificial exchange value higher.

Even when the price of Bitcoin was $1000, most boomers looked at it and said "Welp, that ship already sailed.  No way am I going to get ripped off and pay some fool who paid ten cents per coin $1000 each".  The price of Bitcoin going up doesn't increase demand, it decreases it if anything in most cases.  The simple fact that everyone knows people paid either nothing or $2 for their imaginary timestamps they're trying to dump on other people means the price can only go so high before everyone refuses to touch it.  

[VB1001]

Thank you heslo and somac, Fuck you makrospex.

huh?
WTF?!
We all three said the same: Set it to zero.
 

You didn't spoon feed him and were late with the details  

Alright, i see...
I typed my reply in a hurry while the other two WOs were posting already.

EDIT: Backread the thread now and it obviously was the step-by-step google selfhelp instructions from me that set him up.
However, that's how the pro's do it  

If you don't want to help that's fine, but in that case, just don't reply.
Using your precious time to mock me for asking instead of using the same time to answer my question is an asshole move in my book.
I know very little about computers and need to bee spoon fed to get it right, I don't know what I'm doing and really don't want to do something wrong. I can't tell if a online tutorial is correct or not, but I do trust the people in here, that's why I ask. If you knew of any good tutorial, why didn't you direct me to it instead of being a dick?
I don't really see people saying "google it" whenever someone asks about something non computer related so I'm assuming that it's just you computer nerds that have that special asshole gene.

How to win friends and influence people by Arriemoller... read above.    

I'm sure maskorpex just wanted to help him, but at that moment he didn't have time.
It also irritates me when someone tells me to look for the solution on YouTube or Google.

[VB1001]

^^
RR

I suggest for the next year that you achieve some goals:

- Recover your legendary account
- Read the Bitcoin technical document carefully
- Read Frederick Hayek

I think with this you will understand where we are going and something else, HODL

[JayJuanGee]

^^
RR

I suggest for the next year that you achieve some goals:

- Recover your legendary account
- Read the Bitcoin technical document carefully
- Read Frederick Hayek

I think with this you will understand where we are going and something else, HODL

Roach does not want to learn.

He is not here to learn.

He is here to teach us about topics that are largely irrelevant to this thread and/or wrong.

Hopefully, he is getting paid for his efforts, and hopefully, he does not believe the nonsense that he stubbornly and repeatedly repeats here for his troll/shilling thrills.

[Arriemoller]

Thank you heslo and somac, Fuck you makrospex.

huh?
WTF?!
We all three said the same: Set it to zero.
 

You didn't spoon feed him and were late with the details  

Alright, i see...
I typed my reply in a hurry while the other two WOs were posting already.

EDIT: Backread the thread now and it obviously was the step-by-step google selfhelp instructions from me that set him up.
However, that's how the pro's do it  

If you don't want to help that's fine, but in that case, just don't reply.
Using your precious time to mock me for asking instead of using the same time to answer my question is an asshole move in my book.
I know very little about computers and need to bee spoon fed to get it right, I don't know what I'm doing and really don't want to do something wrong. I can't tell if a online tutorial is correct or not, but I do trust the people in here, that's why I ask. If you knew of any good tutorial, why didn't you direct me to it instead of being a dick?
I don't really see people saying "google it" whenever someone asks about something non computer related so I'm assuming that it's just you computer nerds that have that special asshole gene.

How to win friends and influence people by Arriemoller... read above.    

I'm sure maskorpex just wanted to help him, but at that moment he didn't have time.
It also irritates me when someone tells me to look for the solution on YouTube or Google.

He had time to write this.

"OK, here we go:

1. Open google in a browser.
2. type "how to disable superfetch" (omitting the quotes), followed by your windows version
3. hit enter
4. read the first few linked articles and follow the tutorial(s)
5. reboot "

[Icygreen]

^^
RR

I suggest for the next year that you achieve some goals:

- Recover your legendary account
- Read the Bitcoin technical document carefully
- Read Frederick Hayek

I think with this you will understand where we are going and something else, HODL

Roach does not want to learn.

He is not here to learn.

He is here to teach us about topics that are largely irrelevant to this thread and/or wrong.

Hopefully, he is getting paid for his efforts, and hopefully, he does not believe the nonsense that he stubbornly and repeatedly repeats here for his troll/shilling thrills.

I think he might actually believe his ramblings, if so and possibly even if not, mental health risks and concerns should be obvious to any reader.
Perhaps he is being paid, actually, speaking of which, I've always wondered if you are or have been paid to post?
I can't recall the topic ever but it must have been discussed, you know, paid by word perhaps?      Not that you don't come across as genuine, or even helpful, just curious and of course I'd respect your right to privacy.

Edit: goddammit, was that a dick move to ask? Sometimes my filter isn't tuned the same as others.

[fillippone]

Slowly, but steadily.

#bitcoin 200 week moving average has never gone down, currently increasing at $150 (3%) per month

https://twitter.com/100trillionusd/status/1210984765739941888?s=21

[JSRAW]

hahaha Icy, let's wait for JJg

[Findingnemo]

Slowly, but steadily.

#bitcoin 200 week moving average has never gone down, currently increasing at $150 (3%) per month

https://twitter.com/100trillionusd/status/1210984765739941888?s=21

Another proof for, why should we HODL much longer.
New year is just ahead couple of days,what you guys are planning to do on the beginning day of 2020.

Don't say bang bang.

[Globb0]

Welcomed everyone with rosé Dom Perignon 2005....

Omg... please tell me that isn't Dom P in those glasses with those 3 small ice cubes in each.... (it doesn't appear to be)

You want to use no ice or BIG ice on anything that's over $100 a bottle.

I personally use round ice balls... they are always a bigger hit than the juice inside the glass because people are monkeys.

These are what I use and strongly suggest https://pappyco.com/products/sphere-ice-molds-set.

I also STRONGLY suggest DomP's 1996 rose. 

You can make these ice shapes in a childs water bomb balloon. just freeze a handful.

[LFC_Bitcoin]

Another proof for, why should we HODL much longer.
New year is just ahead couple of days,what you guys are planning to do on the beginning day of 2020.

Don't say bang bang.

[Arriemoller]

Bom bom then?

[Findingnemo]

Another proof for, why should we HODL much longer.
New year is just ahead couple of days,what you guys are planning to do on the beginning day of 2020.

Don't say bang bang.

LFC's gf is tempting already for that special bang bang  

Bom bom then?

Possibly because I am kind of guy likes to bang in the ass, let's try something new this year bom bom on her big B**BS.

[Globb0]

I wish, it keeps going offline at the moment.

[Arriemoller]

Another proof for, why should we HODL much longer.
New year is just ahead couple of days,what you guys are planning to do on the beginning day of 2020.

Don't say bang bang.

LFC's gf is tempting already for that special bang bang  

Bom bom then?

Possibly because I am kind of guy likes to bang in the ass, let's try something new this year bom bom on her big B**BS.

TMI

[Arriemoller]

I wish, it keeps going offline at the moment.

Are you possibly posting in the wrong thread?

[realr0ach]

JayJuanGee, I was wondering if I could ask you an important question:

[bitserve]

Great! I think I am finally up to date on WO again. Sorta... as I probably missed some posts due to my chaotic reading here and there. One of those magical @JSRAW summary posts would have come really handy. Oh well.

Good conversation about @mindrust investment indecision and great advice against overinvesting most everyone gave. I do agree. Also there are intermediates choices between keeping with the same DCA strategy and going full retard into it. Maybe just double the amounts when catching knives DIP's?

Maybe you will later regret if Bitcoin pumps like crazy but... that remorse is nothing in comparison to the one you would experience if you go all in and Bitcoin dumps #DYOR though

Price basically in the same sideways. It would be weird that doesn't change before or ON end of year... but maybe that's exactly what will happen just to piss me off. Bitcoin being Bitcoin.

We are half less "poor" than we were just one year ago so... This is fine.

Let's call this a year and let's hope next one gives us as much growth/recovery as this one did.