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Question: Is this the last time we see sub-$10K?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21530515 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. (142 posts by 32 users deleted.)
El duderino_
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January 01, 2020, 04:26:21 PM

Happy New Year everyone Smiley

Bitcoin getting scarce
On New Year twenty twenty
Awaiting Halving!

^ Hope I got the haiku right this time

Daaaaamn the first one of the year

Cheers
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January 01, 2020, 04:53:31 PM
Merited by JayJuanGee (1)

The progress and profits that Bitcoin has left is impressive ...

Quote
It’s a massive windfall for those who HODL’ed through its ups and downs, even as it continues to provide fodder for get-rich-quick schemes. For some, the never-ending fantasy of continually hitting that payoff still helps to keep Bitcoin’s momentum going.



Quote
“Certainly the numbers are what appeals to investors,” said David Tawil, president of ProChain Capital. “The next 10 years need to be a totally different stage of growth based on totally different factors than the first stage.”



Source: https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast
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January 01, 2020, 04:55:37 PM

Happy New Year everyone Smiley

Bitcoin getting scarce
On New Year twenty twenty
Awaiting Halving!

^ Hope I got the haiku right this time

Daaaaamn the first one of the year

Cheers

Wow didn't expect that mine will be the first one for the year. Didn't think of it actually  Grin
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January 01, 2020, 05:00:22 PM

Sadly my last year's prediction didn't come true (well it did partially). To remind you I predicted 10k by summer 2019 15k by fall and new ATH by the end of the year. BTC had a good pace and almost reached 15k (was it ~$14k?) earlier than predicted. Then is slowed down (fucking bears) and we didn't witness any ATH...

hahahaha

There has got to be a lesson in there, somewhere.  Maybe the lesson would be that predicting a straight trajectory is bound to fail, and I am not even sure if I would be able to grant you much credit for predicting the $13,880.  That was a fluke, but it also happened and it showed us a kind of power behind the pump.... It might have been a sign of something.  What that something was is NOT easy to determine?  I am kind of thinking that it is a sign of bullishness and likely front-running of the previous halvening effects, but surely there are a lot of other folks who just consider it as pure manipulation.. .likely no coiners, bitcoin naysayers, altcoin season wisheners, and those types.

I would not want to be considered an overly optimisitic bull, but I still believe that there was power in that 3.5x early-to-mid year pumpening.

I'm a bit disappointed but this is just a temporary delay I believe...


Interesting choice of words to be "disappointed."   From $3k-$4k zones, we fucking surely could have gone down further rather than UP, or even gotten stagnated in a kind of $3k to $5k zone for a year or more.  Any and all of those renditions would have been completely reasonable, and surely moar disappointing than our current location, so I have many difficulties being disappointed with where we are at, currently.. or even how the year played out.

There are so many damned people who are describing 2019 as a lackluster year, and I just don't fucking get it.  We had a outrageously amazing 2016 and 2017... and surely 2017 was better than 2016 because the gradual transitioned into a  jumpening in of the FOMO... but BTC is going to do what it is going to do, and surely we cannot be disappointed with 2017, even though a considerable amount of the 2017 profits were taken back when we went down to nearly $3k.  Shit... cannot even be disappointed with 2018, even though there was a lot of ongoing hopenings that the correction would stop at some point and the UP would continue... but it did not.

So, yeah, compared with 2015, our sufferings in the $3k zone was only 4 months, and shit, in 2015, didn't we have more than 8 months that were largely in the $200s, and even our late 2015 recovery only brought us to bouncing in the $400s for another 6 months... and gosh we still had troubles getting out of the $500s in mid to late 2016.

In sum, I am truly having troubles being disappointed with my good ole buddy, honeyBTC king daddy.

we're bound to see new ATH ($20k+) not later than Summer 2020.

I am not going to complain if we do, but you seem to be setting yourself up for more likely disappointment.  Hey, even that fucktwat Bossian, has a kind of reasonable prediction that BTC won't reach new ATHs until 2022 - but I don't buy his theory, either, even though it surely could happen.  I am thinking that we are likely to reach ATHs again before the end of 2021, and sure, it could even happen in 2020 with a kind of front running of the previous models, referring to the four year fractal and the stock to flow and some of the other familiar BTC price anticipationings models.

There is some chance to see new ATH earlier (in April-May) because of the halving as I'm sure it's not priced in.

Of course, the halvening is not priced in... fuck that theory.

But, you can still have the halvening NOT priced in, and still have a delay in reaching ATHs for 8 more years.  So the priced in discussion does not lead us very far down the road of trying to anticipate how quickly BTC's price is going to reach previous ATHs (talking about $19,666) or even making new ATHs.. Of course, it is NOT very likely at all that bitcoin is going to stick around the ATH territory... but it is possible that we can either have a double top there or just a quick pass through there.  I would not be surprised with either scenario, even though I prefer a quick passing through scenario rather than a double top scenario.  But, hey we should be pee paring our lil selfies for a variety of scenarios, including ones that we have NOT really thought about.

Don't you believe that there are considerable status quo institutional incentives for the various powers that be to spend a lot of value to attempt to prove the various currently in vogue BTC price prediction as either invalid or even to cause them to become invalid?   Sure, they might NOT be successful, but they might be willing to die (or appear to die) trying, while they secretly hedge their bets in accumulating BTC.

After that parabolic growth will start in August-September and we'll moon in December. Mark my words.  Cool     

I am going to mark your words with a BIG ASS grain of salt.    Tongue Tongue Tongue    Again... sounds like you are setting yourself up for more "disappointment."  Sure, you might end up being correct, but what are the odds of your scenario playing out?  50% at best?  Perhaps a bit more?  Surely, whatever the percentage of your scenario playing out is anywhere close to making any meaningful bets upon it.  Hopefully you (and/or anyone else, except for the degenerate gambler(s)) are not leveraging in this regard... because your "get rich quick" might end up causing a "get poor more quickly" situation.  Then we would say:  "sucks to be you."  "He should have known better regarding the sometimes brutality of baby BTC." and other such similar not too empathetic Monday morning quarter-backing renditions.
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January 01, 2020, 05:45:24 PM
Merited by VB1001 (1)

Happy New Year brothers!

Slept in until 11am today, for the first year since I was around 17 not a single alcoholic beverage was consumed on NYE.

Let 2020 be a very prosperous year for all of us full of good times & good health. The moon awaits our arrival!



What's wrong with you?  Deferred gratification kicking in?  You getting to become an old foggie?  Isn't NYE for abusing your body, especially the youth, whether you intend to or NOT?

I can proclaim these kinds of things because I surely have experienced a decent number of memorable events in which I had abused my body beyond reasonable, and likely have a few more years on this meat wagon than you, too (regrettably, but facts are facts).

I do become a bit envious of guys (and maybe even a gal or two) who can beat themselves into their 70s and 80s and still look pretty good physically, but a lot of them do show signs of the wear and tear much earlier than that, and even into their 30s and 40s, and realize that their genetics are not as strong as they had presumed during their thoughts that they were more immortal than others when some kinds of negative impacts are kicking in.

Maybe some of this divergence is for VB? (in other words, blame VB for the rest of my ranting largely off-topic post pertaining to how one meal might fit into a day in the meatspace life of JJG)  I tend to mostly stay away from carbs in the past 7-8 years, but of course there can be carb creep from time to time, and surely going out to eat is less restrictive for me.  I also moderated the fuck out of my drinking for about the past 18 years, but yesterday's new years eve meal caused me to get a whisky coke because my older cousin (he's almost like an uncle because it is one of my dad's good buddies) kept insisting that I should have a drink on New Years Eve.  I am not sure what kind of whisky, maybe it was a Jim Beam or a Jack Daniels, but that was fine. 

My meal was prime rib, with grilled shrimp, a baked potato (butter, cream and a lot of pepper), a mixed salad, and a piece of cheese cake (I had the plain one, even though I was thinking that I should have gotten the chocolate one and they had strawberry too as an option, which was not as interesting to me).  There was about an 8-year old little girl (grand-daughter of my cousin, which I think would cause her to be my cousin) who did not eat all of her sweet potato fries, so after I tried one  with a lot of pepper on it, I accidentally poured the pepper, so I thought that I should eat several more of them, instead of letting the pepper go to waste.

Anyhow, I did not really feel compelled to drink much of anything, but I really don't consider myself to be a prude about it, even though I am much more unwilling to voluntarily put myself in pain and suffering the next day because I over-imbibed, which surely differentiates my current self from my younger days... and I don't really believe that it causes me to be a FUD dud.. because I can still have some fun, even when there are some folks in my surroundings who are getting drunk.  Does remind me of a few other stories, but hey enough of that.. I might screw up my OPsec moar than intended, and we would not want any of that.  AmiNOTrite?     Cheesy Cheesy Cheesy Cheesy

TLDR:  In other words, Happy New Year, LFC, and I am glad that you experimented with another kind of NYE approach to consider how that might have worked out in positive ways. 
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January 01, 2020, 05:57:29 PM

Looks very nice. How about YoY data?

https://dailystormer.name/2020-welcome-to-the-future-faggot/
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January 01, 2020, 06:03:51 PM

Happy New Year everyone! I predict a parabolic rise starting right now, purely because it's guaranteed to happen while I'm waiting for fiat to clear for a new years block buy of btc.
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January 01, 2020, 06:23:48 PM

    happy new year!!
    2020.... year of...?
2020-2021:

* Bob buys a ranch and a couple of luxurious rides, Rick retires
* LFC_Bicoin sells his biz and buys a mansion and lambo full of blow
* Mic and cryptoqueeen leave on endless gastrotour around the world
* JJG buys a whole human body transplant and becomes the first online bot to be transformed to a cyborg?  Grin just kiddin no offence man
* roach marries gembitz and they live happily ever after  Cool
etc etc etc     

yea edited my post slightly as i was typing it (autosave sometimes bombs).

JJG bot needs upgraded systems. ive notice changes, maybe JJG should roll back a few software versions.

any changes to the date "FU JJG" day of week? i want a 100% success rate on doing the FU JJG thing this year. its my only  new years resolution.[/list]


Do you really want to see batman on a weekly basis, too?  Every action has potential unknown, unknown and quasi-knowable unknown costs, vapourminer.  Didn't u know dat?

And, even if batman tries to do a light touch (is that midas touch?), it might start to become felt after a while (maybe even more than the conjectured hypothicated BAWB upgrades?), even for a purportedly "resolute" kind of peepie likey ur lil selfie.    Cheesy Cheesy Cheesy Cheesy Cheesy
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January 01, 2020, 06:34:36 PM

Now that I know how the feedback and trust system works I was waiting for the Q4 speculation game to finish and leave some more than deserved feedback for Mic. Something that it seems most of we WOer's usually can't be arsed to do... probably because we are too busy doing important stuff watching walls and posting memes lol

Anyway.... I then read his first received feedback, "long" time ago:

Last of the V8s   2017-08-05   Reference Newbie honoured his word

It's just funny how time has passed Smiley


P.S.: Also... is that a NEUTRAL!?
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January 01, 2020, 06:38:00 PM
Merited by JayJuanGee (1)

Advantages of Bitcoin over all Alt ..

1.-Scarcity
2.-Apolitical value transfer
3.-Technical prowess
4.-It’s not an entity

And many more!

Quote
“In a world where conventional systems are also politicized, Bitcoin has an advantage of being “neutral” in the sense that it is controlled by none of the competing power blocks, which means that any and all could potentially participate.”

Quote
“BTC currently has 97 exahashes protecting its network to BCH’s 2.5 exahashes, giving BTC a hash rate 39 times higher than that of even its next closest digital-cash competitor,” he continues.


Source: https://coin.dance/blocks/proofofwork


Source: https://cointelegraph.com/news/bitcoin-4-big-competitive-advantages-over-altcoins-in-2020
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January 01, 2020, 06:42:24 PM

Guys BPIP is back, for those of you who don’t know what it is, it was created by Vod to see where you stand in bitcointalk.org history in various categories such as -

  • Most Merited
  • Most Recognized
  • Most Trusted
  • Most Activity
  • Most Posts

It’s a fun tool any way, check it out here - https://bpip.org/

Interesting tool to check out thanks! Maybe some new years resolutions might be in order if your score doesnt fair too well. Cheesy
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January 01, 2020, 06:43:01 PM

Now that I know how the feedback and trust system works I was waiting for the Q4 speculation game to finish and leave some more than deserved feedback for Mic. Something that it seems most of we WOer's usually can't be arsed to do... probably because we are too busy doing important stuff watching walls and posting memes lol

Anyway.... I then read his first received feedback, "long" time ago:

Last of the V8s   2017-08-05   Reference Newbie honoured his word

It's just funny how time passes Smiley


P.S.: Also... is that a NEUTRAL!?

Hey THX for those kind words sir

And yeah V8 kept it neutral at that newbie time.... indeed fun to read again...

Cheesy
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January 01, 2020, 06:45:54 PM

Just to let you guys know

——> this is my 13 000 th post  Roll Eyes

You guys better aren’t bored with me ....  Smiley
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January 01, 2020, 06:56:03 PM

Just to let you guys know

——> this is my 13 000 th post  Roll Eyes

You guys better aren’t bored with me ....  Smiley

love it, just not when you [are] pissed, sorry.
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January 01, 2020, 07:05:23 PM
Last edit: January 01, 2020, 07:35:15 PM by Gyrsur

WHEN MOON?




Inside The Cryptocurrency Revolution | VICE on HBO

^^ "Feeble Americans."  Grin Grin
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January 01, 2020, 07:06:05 PM

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January 01, 2020, 07:16:22 PM

shit, it's Creosote
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January 01, 2020, 07:18:20 PM
Merited by JayJuanGee (1)


Sorry, I did not like the video/show.
I wonder, why nobody can capture the essence of bitcoin or crypto as a whole?
This vid is sensationalistic and often wonders in a strange direction, like what some bureaucrats in Tatarstan have to do with a main direction?
Obviously, they are just passengers at best.
Plus, too much VB and undeservedly so.
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January 01, 2020, 07:25:51 PM

Happy New Year brothers!

Slept in until 11am today, for the first year since I was around 17 not a single alcoholic beverage was consumed on NYE.

Happy New Year!

i thought this was going to be the first year i havn't drunk since i was a kid as well but at the last moment people dropped by and well i couldn't let a little thing like a cold hold me back when there is company over! Cheesy


No hangover,,,a big gembits WWWWEEEEEEEEEeeeeeeee  for that!
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January 01, 2020, 07:26:38 PM

Just to let you guys know

——> this is my 13 000 th post  Roll Eyes

You guys better aren’t bored with me ....  Smiley

Here’s to another 13,000. Hopefully you can build up a nice load of coins after the boating accident.
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