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

[Syke]

First Vegeta post was over two and a half years ago.

https://bitcointalk.org/index.php?topic=178336.msg25231430#msg25231430

Boring AF.

[1713407987]

1713407987

[JayJuanGee]

attempts to manage liquidation in a way that is prudent, reasonable and either tries to maximize incremental cash out given that such cash out is also within a timeline that has been authorized by the HODLer....

in this case authorized by the hodlers wife

Unless you are crying out to the WO thread for help to get out of the clutches of your wife's (presumptuously) tight clutches (haven't we had enough of that kind of drama from other members, recently?), I am going to presume that such BTC liquidation authorization(s) (even though she had to beat you to a pulp) was largely consensual.    

Poor lil vapourminer.  sucks to be uie.  

[sirazimuth]

Love the "newer kids on the block" lingo:

Pumpamentals....lol, although I would love to get us a couple of those, whatever this is.

snip
~plethora of procents~
....

...and procent...whatever that is...

[Biodom]

Love the "newer kids on the block" lingo:

Pumpamentals....lol, although I would love to get us a couple of those, whatever this is.

snip
~plethora of procents~
....

...and procent...whatever that is...

That's easy, it's a "pro" version of percent.  
Or, it could be russian or dutch, I dunno.

[elrippos friend]

A COVid 19 story in pictures.












Sucks.

 

[El duderino_]

The Sovereign Individual (1999) is a guide for navigating the current transition from Industrial to Information Age.

Remarkably, it predicted the rise of 'digital gold'.

“If our deductions are correct, you stand at the threshold of the most sweeping revolution in history.”

A🧵
https://twitter.com/anilsaidso/status/1281677133685768192?s=21

This further tweet is a good read as well...

[kellrobinson]

To do a regression on bitcoin's long term trend, get rid of the manic price actions (the stuff in blue). Do a regression on the red data. You get the yellow line. Its equation is price = 10^(.09242*sqrt(d)-1.5011) where d is the days elapsed since September 11, 2010



 I project a brief top between $150k and $200k around late 2021, followed by a grinding bear market reverting eventually to the base trend.

[LFC_Bitcoin]

 I project a brief top between $150k and $200k around late 2021, followed by a grinding bear market reverting eventually to the base trend.

What would the price be as we return to the base trend, post top?

[kellrobinson]

What would the price be as we return to the base trend, post top?

Lemme see, bottom around March 2023, that's 12.5 years or 4565 days.
Maybe $50k market bottom early 2023.

That's assuming corn keeps loving the square root of time.  The yellow line, going out, looks kind of steep to me.
At some point the market's going to saturation regime, even if it's just incipient (in the coming years); sooner or later the curve will begin transitioning to what looks more like the logistic.

That $50k contains a little dose of hopium.

[kurious]

 I project a brief top between $150k and $200k around late 2021, followed by a grinding bear market reverting eventually to the base trend.

What would the price be as we return to the base trend, post top?

Hey mate - my usual 'historical' response.,..

Top to bottom it's usually about 80 - 85%.

So:
$150K top - $22.5K - $30K
$200K top - $30K - $40K

OTOH - who cares, if the top was that good?

[LFC_Bitcoin]

@kurious - I know, we’ll be rich beyond our wildest dreams BUT I obviously want to plan to buy some back. We’ll never time the top or bottom perfectly but be cool to keep some fiat on an exchange & gobble a load back up cheaply

[kellrobinson]

Top to bottom it's usually about 80 - 85%.

Was.  Peaks follow the square root trend too (it's simply time-shifted).  The math implies declining volatility.
I have posted charts in the past to illustrate the declining volatility over time.  If anybody's interested they're available by clicking on my profile.

[vapourminer]

Love the "newer kids on the block" lingo:

Pumpamentals....lol, although I would love to get us a couple of those, whatever this is.

do they make good pets?

[vapourminer]

attempts to manage liquidation in a way that is prudent, reasonable and either tries to maximize incremental cash out given that such cash out is also within a timeline that has been authorized by the HODLer....

in this case authorized by the hodlers wife

Poor lil vapourminer.  sucks to be uie.  

*whimper*

oh wait

edit: on a more serious note..

back in the day when i started GPU mining bitcoin my (our) plan was sell 1/2 keep 1/2 to see where bitcoin went.  the selling was to cover the hardware and electric. well obviously it went way past each of our expectations. so for a bit when we wanted fiat for lifestyle upgrades more came from corn.

then it was "yikes price very very moon in progress" so stuff came from mostly fiat at that point

now when i want some fiat for whatever, i try to draw kinda a little bit sorta vaguely equally from all assets.

[JimboToronto]

Good morn Bitcoinland
Ninety-two thirty dollars
(Bitcoinaverage).

I need more coffee
To handle all this boredom
Of going sideways.

It's time to move up
And see our investments grow.
Go go Bitcoin go.

For some strange reason, people just don't seem to like me, so they tend to devolve into delusionalening about what day of the week it is

Just too many words...
Or too many syllables
Such as in this case.

You don't need to cram
In nearly as many words.
Sometimes less is more.

[Peanutswar]

Good morn Bitcoinland
Ninety-two thirty dollars
(Bitcoinaverage).

I need more coffee
To handle all this boredom
Of going sideways.

It's time to move up
And see our investments grow.
Go go Bitcoin go.

For some strange reason, people just don't seem to like me, so they tend to devolve into delusionalening about what day of the week it is

Just too many words...
Or too many syllables
Such as in this case.

You don't need to cram
In nearly as many words.
Sometimes less is more.

Thumbs to up to a optimistic man right now having a long day waiting for the comeback of the bitcoin still it takes for a long long run again before meeting our expectation to make more profit still looking forward on your investments.

[kurious]

Top to bottom it's usually about 80 - 85%.

Was.  Peaks follow the square root trend too (it's simply time-shifted).  The math implies declining volatility.
I have posted charts in the past to illustrate the declining volatility over time.  If anybody's interested they're available by clicking on my profile.

I am happy to be wrong on the decline, if the peak is indeed as stratospheric as you predict, but I will be very surprised if the law of gravity no longer applies.   

The path we are following is not so far off the path in the last cycle as far as I can see right now, I guess we will all see what transpires before too long though.

[Febo]

Top to bottom it's usually about 80 - 85%.

So:
$150K top - $22.5K - $30K
$200K top - $30K - $40K

Nor top nor bottom matter that much. After last ATH in Dec 2017, Bitcoin was less then 3 months over $10000 and a bit more then half year under $6000. For almost 2 years was $6-10k.   So in 3 years time we will most likely complain about $50-100k Bitcoin price. What the hell is wrong that it dont move up?

[Hueristic]

Top to bottom it's usually about 80 - 85%.

So:
$150K top - $22.5K - $30K
$200K top - $30K - $40K

Nor top nor bottom matter that much. After last ATH in Dec 2017, Bitcoin was less then 3 months over $10000 and a bit more then half year under $6000. For almost 2 years was $6-10k.   So in 3 years time we will most likely complain about $50-100k Bitcoin price. What the hell is wrong that it dont move up?

Derivatives.

But they can only hold it back for so long.

[LFC_Bitcoin]

https://twitter.com/whale_alert/status/1282339451268734980?s=21

PUMP EET