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Question: Highest price we'll see in 2022:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25528258 times)
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El duderino_
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September 07, 2020, 06:35:00 AM

Returning to BTC, but but I only read that all the new guys telling BTC Needs to break 10.5 for some magical reasons or otherwise........  Roll Eyes Roll Eyes
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September 07, 2020, 06:50:05 AM

Kazakhstan to Make a $700 Million Bet on Bitcoin Mining.

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Kazakhstan's new digital development minister Bagdat Mussin plans to reinforce the country's economy by expanding its crypto mining sector with a 300 billion tenges (approximately $715 million USD) investment.

Talks of expansion are already underway. On Wednesday, Mussin made the case that fueled by the country's access to cheap electricity, an extension to Kazakhstan's already successful mining operations could boost revenues higher.

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September 07, 2020, 06:53:25 AM

And so it begins... sigh...

In other linguistic niceties https://github.com/bitcoin/bitcoin/pull/19770
RPC: getpeerinfo: Deprecate "whitelisted" field (replaced by "permissions") #19770 ... luke-jr wants to  ...
  Undecided

[WO] Whom the gods would blacklist...
linguistic niceties

“τὸ κακὸν δoκεῖν πoτ᾽ ἐσθλὸν τῷδ᾽ ἔμμεν' ὅτῳ φρένας θεὸς ἄγει πρὸς ἄταν”

Undecided

I can't believe SJW rot has infiltrated Bitcoin Core, to the point they ACKED a merge to change "blacklist" to "blocklist".

For Bitcoin.

A blockchain.

...

Why the hell did they accept that? The request was done by a complete nobody, crazy.

^ The resulting comments are both hilarious and sad at the same time: https://github.com/bitcoin/bitcoin/pull/19897

Somehow, you and I and others missed this quietly slip through in June—a time when many projects were doing such goodthinkful Political Corrections:
https://github.com/bitcoin/bitcoin/pull/19227

The “blocklist” thing resulted in a terminological clusterfork, for the obvious reason that BobLawblaw stated.

For want of time to write an essay of my own right now, I will quote something insightful that I happened across in June from a four-digit slashdotter, after the OpenZFS lead dev suddenly renamed all of the “master/slave” variables:

https://developers.slashdot.org/comments.pl?sid=16559200&cid=60174924
Quote
Capitulation will not save you (Score:4, Insightful)

by rho ( 6063 ) on Friday June 12, 2020 @09:28AM (#60174924)

I strongly suspect the people who are pushing for these things fall into two camps. The first camp are people who genuinely want to control the language, and by proxy, thought. These are very dangerous people and should be resisted at all times. The second camp are people who genuinely want to do something so they can be a part of this current trend and feel like they are participating in a meaningful way. These are ordinary decent people, but are certainly influenced by the bluster and actions of the first camp.

Here's the thing, though. If you're in the second camp, your actions will not save you from the first camp. The authoritarians in the first camp are fundamentally about control, and if you stand in their way, your past actions will mean nothing. Anything less than complete subservience to whatever ideology is currently in vogue in the first camp, is treated as a viral attack and is stamped out with extreme prejudice. Your past capitulation will not serve you in the future.

Nobody--at least nobody with a lick of sense or proportion--actually thinks that changing "master/slave" to something else will accomplish anything of substance or real value. It's nothing more than a publicity stunt to demonstrate that you are not like those people over there, the racists. It's a signal of your adherence to the new narrative, nothing more. The authoritarians in the first camp will acknowledge your signal, and they now know that later you will be more likely to accept the next click on the ratchet. Make no mistake, however; when they ratchet it too far for you, nothing you did in the past will save you.

It's the behavior of cults, and used to great effect at controlling behavior. What's surprising is how many tech people are susceptible to it.

Worth to note.
There is some kind of "truth", based on science, that assumes that change of language changes thinking, finally changes behavior.
In my humble opinion, the (seemingly) racism-directed changes to tech terminology that the industry is going through now, is indirectly forced by reasons you were stating above.
The thing is, basically i asked myself if i really have a problem with that, and in turn i got aware of the dictation that lies within. I think it's not that critical, but changing terminology in the code and in the books won't get rid of a part of what was once a successful human survival strategy (fighting the different). This  is also the foundation for norms, that's why norms can be changed and used to control normal people.
If you're not normal (i don't mean this in any bad way), you naturally want to resist to these changes. I did too, still do a little hard to accept this, but this time it's acceptable, no need for a fart to become a storm. Still, the dynamics behind these changes can be very dangerous and need to be watched, especially by people that don't obey to norms, just because almost everybody else does. It's an expression of our (rather helpless) attempts to fight our own insecurities as humans.

"together we are strong" basically says it all. The price for "strength" is less diversity and more polarization.

EDIT: Time to make breakfast for the kids, so if the discussion goes on, i might join in again after dinner.
Have a nice day, observers
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September 07, 2020, 07:09:22 AM

Kazakhstan to Make a $700 Million Bet on Bitcoin Mining.

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Kazakhstan's new digital development minister Bagdat Mussin plans to reinforce the country's economy by expanding its crypto mining sector with a 300 billion tenges (approximately $715 million USD) investment.

Talks of expansion are already underway. On Wednesday, Mussin made the case that fueled by the country's access to cheap electricity, an extension to Kazakhstan's already successful mining operations could boost revenues higher.



There are smart countries  Grin
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September 07, 2020, 07:13:28 AM

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Thanks to its oil-driven economy, Kazakhstan boasts some of the cheapest electricity in the world with prices as low as $0.04 per kilowatt-hour (kWh).

hmm doubleplus unideal. envirowhiner fodder. probably not in-country but still. not many giant rivers in the steppes. maybe needs more solar?
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September 07, 2020, 07:19:55 AM
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As a matter of thinking differently about goals, I posit that, unless a major expenditure is desired, there should be no “liquidation” phase for any asset with the fundamentals to constitute a long-term investment (as opposed to a short-term speculation).  Given your apparent familiarity with estate planning, you can probably guess why:  A goal of parlaying personal success into the intergenerational accumulation of familial wealth.

Sure it is possible that you could suggest that one of your goals is to pass on all or some of your wealth, but seems to be somewhat unrealistic to suggest that to be any kind of reasonable goal that should motivate the vast majority of regular investors.

Cynical though I am, that is to me a shocking view of most investors.  Has the world really changed so much while I was sleeping?  “Back in the day”, I think, the goal that I stated was a significant motivating factor for most people who were striving to accrue wealth, and even a primary motive for not a few.


You could be correct - but I also attempted to frame my response in such a way that it may not matter so much what the motivation is to accumulate wealth.

On the other hand, I did presume that at some point some kind of withdrawal would start to take place, whether we are referring to a kind of perpetually sustainable withdrawal rate that does not necessitate the touching of the principle or some kind of withdrawal rate that is more aggressive and digs into the principle.

I think that you might be overreading the meaning of my use of the more broader liquidation term... and I will concede that maybe the term "liquidation" does imply depletion of the principle when I did not really mean to suggest liquidation to ONLY have that meaning, even though digging into the principle would not necessarily be a bad goal - especially if there might be some preferences to either live beyond the passive income capabilities of the fund or to realize that passing on too much of the investment value might not be a desired outcome, either.


“I want a better future for my children and grandchildren, and their grandchildren” is unrealistic to expect as a motive for most investors?


Might be a bit much to attempt to quantify that most BTC accumulators are accumulating their wealth for someone else rather than for themselves.

I might be repeating myself but there are a decent number of current wealth management approaches that do not necessarily aim towards passing on wealth as a central objective, even though it could be a side objective.

I would rather focus on what I want rather than attempting to figure out what "most people" might want because I am not sure how far figuring out what most people want might get us in terms of deciding what to do.  Lot's of people end up NOT even managing their finances in such a way that even allows them to get close to what they want anyhow, just in terms of sufficiently satisfying their own needs rather than trying to figure out how much of an estate they are going to be able to pass on.


On the other hand, maybe that explains why the markets are so fucked up:  The types of speculators who seek to Get Rich Quick are not typically long-term thinkers!  Of course, they would not give a hoot about their descendants.  Perhaps they may be fanatical Christians:  They take no thought for the morrow (Matthew 6:34).

You may be correct in regards to the problematic nature of other kinds of long-term thinking and the perverse morality incentives that might come from get rich quick thinking. 


On the other hand, it seem to me that we can attempt to address matters that relate to our own finances without becoming morally perverse.

What is best left to one’s children?  Depreciating fiat currency?  Or a portfolio of gold, real estate, and nowadays, Bitcoin?  (I don’t consider stocks to be a “long-term” investment, unless either it is a large share of a privately held company under management personally known and trusted, or you have a Warren Buffet strategy with commensurate capital.)

Sure if you put the assets in a kind of trust, then the you have chosen the various allocations, but if you give the assets to the kids outright, then as soon as they get control of the asset, they can choose to reallocate into whatever kind of asset that they prefer, including if they want to convert such assets into hookers, lambos and blow.  Their choice.   Cheesy Cheesy Cheesy Cheesy

Of course, such planning must assure insofar as practicable that one’s heirs are of a character to grow the wealth and pass it on, rather than irresponsibly dissipating it.  Now, there is a discussion which could delve deeply into the context of the rule against perpetuities—among many other topics:  The legal terms of devises cannot substitute for sound breeding and upraising.

So, yeah, generally speaking, the rule against perpetuities suggest that you can only create some kind of legal instrument to control your assets and the wealth determinations for the measurement of any life in being plus 21 years.. So you are not going to be able to control how those assets are held forever, and I am NOT even sure if that is a reasonable goal,
(Boldface is Jay’s.)

I know that this will shock the hyper-individualists in the peanut gallery:  As an ethical matter, heirs do not receive bequests as their individual property.  Ethically if not legally, it is collective property held in trust for the family—for posterity, for future generations.

To protest this would be shameful.  There is no such thing as a free lunch.  With every privilege comes a duty.  People who receive wealth from their parents must accept that duty; thus, enjoy it though they may within the spans of their own lives, they must tend it wisely, and ultimately pass down the gifts that they have received.  You can’t have your cake and eat it, too.


Sure there may be ways to pass down property in ways that have those kinds of attachments including inculcating those values into potential heirs, but this seems to be deviating from the original topic that includes considerations of when a person might consider themselves to be in an accumulation, maintenance or liquidation stage in terms of their bitcoin.

So, if you personally never want to get to liquidation stage that is your choice.

It may also be your choice to figure out how to reallocate assets that you inherit.

Do you hang onto the gold or do you convert it to bitcoin?  Would converting from gold to bitcoin be unethical?  Perhaps.. likely depends on specifics..


No, heirs don’t have a right to spend their inheritances on “hookers, lambos and blow”.

If it is put directly in your name, then you would likely have that right individually, if it is a trust or if the property is passed as some kind of community property there might be fiduciary duties that disallow spending or consumption of "hookers, lambos and blow"

 If they do choose to do so, at least they should be subject to severe social shaming.  I think that used to be the case, when prodigal heirs were the exception rather than the rule.

I doubt that we can generalize in this regard without knowing more specifics.


Those who insist on having only absolute individual property rights should relieve themselves of this burden by having a solemn talk with their parents, and requesting to be disinherited.  That’s only fair.  Such individualists should earn their own wealth all by themselves, totally alone, and thus free up their parents to re-allocate bequests to their other children, or spend it all on their own pleasures, or bequeath it all to charity, or put it all into gold and then sink the gold to the bottom of the ocean.  It is their individual property right, yes?

I would think that the majority of people are already stuck with trying to figure out how to build their own wealth and also they frequently will either be unsure how much of their family estate is going to be left to them by the time they inherit such estate.

I am not feeling too encumbered by hypothesizing about the lives of the rich and famous because those do not tend to be problems of most individuals - even though some individuals will be more fortunate to have such estate inheritance problems.


That said, I don’t think that laws and legally enforceable terms in wills can help much here.  Perhaps a bit.  

Seems like a bit of a derailment of the original topic and kind of fringe cases to me, anyhow.  Rich people have problems that are good to have.  Many people do not have those particular problems as you seem to be framing them, even though perhaps some might.

For example, once upon a time,

You see.  How you are starting this framing seems to show that we are talking about fringe matters rather than more likely to be common matters.

in some European countries, there were laws that protected familial ownership of the family home.  If the inheritor of the family home tried to sell it outside the family, other potential heirs who were next in line could challenge and prohibit the sale; thus, the family home was effectually inalienable from the family, unless a unanimity of a whole generation should be in folly.

Bitcoin is more liquid than that, but there could be ways to tie down bitcoin, too.

This must be unimaginable to most Americans:

Some americans own property, and some times the property is passed down as community property... frequently those are messy situations.

 There were families who held the same home for centuries.  I do not speak only of the nobility with their familial castles and palaces:  In some parts of Europe, it was not even rare for a family of peasant freeholders or the petite bourgeoisie to hold the same home for ten or twenty generations.  

Fair enough.. but we are talking about bitcoin.  If you want to buy property with your bitcoin and encumber that property in various ways, there may well be instruments that allow you to achieve your objectives.  You may even be able to get an agreement from some life in being to attempt to perpetuate your wishes, perhaps?

I think that most of this broke down during the Twentieth Century, and most of the relevant laws are probably no longer on the books.  It’s a shame.  Those people had excellent social stability.  They were productive and happy.  Children did not rebel against their parents, as seems to be expected nowadays (!).

Does bitcoin play any role in this story, at all?

But such things depend on the living.  

Do you conjecture that bitcoin helps this kind of situation or makes it worse?

Such “hand from beyond the grave” long, complex chains of devises as prohibited by the Rule Against Perpetuities could not instill in prodigal heirs the character that they lacked; and if they did not lack such character, the terms of long-ago wills would only be an unnecessary burden.

I agree that the law is an ass, sometimes, but if you can get some folks to carry on a tradition and even to perpetuate such traditions, then that surely could work for a decently long time.  I don't think anyone is denying that, including yours truly.   Tongue


The point of my post was that the human element is much more important than the legalities.  If you have good kids, you don’t need fancy wills or trusts; but if your kids are

snot-nosed non-appreciative brats

...then no legal instruments can make them behave themselves after you are gone.

Of course, it is up to you to instill those kinds of values.

but hey, I understand that people sometimes want to contribute to some kind of lasting legacy that extends beyond their lives and perhaps touches the lives of many others.

Not just any others:  Their own descendants.  I hope that it is not politically incorrect nowadays to point out that people do and should prefer to benefit their own descendants over arbitrary “others”.  If so, then surely, mankind will go extinct.  I think that Darwin would agree with me:  What creature could long survive, if it did not prefer its own offspring?

You are surely taking this beyond the points that I was making in terms of trying to figure out what the fuck are you going to do in terms of accumulating BTC or to maintain or to liquidate - but seems that you never want to liquidate... and that is your choice, I suppose, if you can get your snot-nosed little descendants to go along with you.

(Of course, people often make bequests to charity, etc.—just as they often give such gifts in their lifetimes.  It is a different motive.  My point is that a bequest to one’s own posterity is very specific, and not just based on a vague notion of touching someone’s life out there.)

My point is that you can attempt to design as much as you want, and I surely cannot answer the extent to which you can get anyone to follow your preferences after you be die.

I suppose that this ran far afield of the original discussion about investments.  

You got that right.  Shocked

Re-reading the above before posting, I hope that it doesn’t come off as too negative; it’s certainly not intended to be argumentative.

I mean we were mostly talking about liquidation as one of the possible stages that any of us might enter into, and your scenario just comes off as personally specific in terms of how you might want to set up situations in which you are not really striving towards any kind of meaningful liquidation... but still my assertion about ways to have passive income, should still potentially apply in those situations, which would be more of a withdrawal aspect rather than depleting the principle value of whatever bitcoin value you had accumulated, hypothetically.

It seems that whenever I start to think that I am too cynical, I find that to the contrary, I am naïve; and that idea that most investors don’t even include intergenerational wealth in their explicit goals is really shocking to me.  

Of course, people do that.  I usually suggest that they aim to spend it all.  People vary in these regards, and none of the answers are wrong.

Lots of people also end up unintentionally leaving too much wealth to heirs because they die way before they expect or they become too decrepit to actually enjoy their wealth because they defer gratification more than they probably should.

Ultimately each person needs decide how they are going to do this and to structure their own plan around how they are going to do it.

We also seem to lean more towards the accumulation stage and also towards the holding onto your wealth stage rather than seriously getting into aspects of the liquidation phase, even though surely any of those topics can be relevant and good to try to make plans in advance.


Perhaps, to some degree, that may be the “ethnic” in me speaking; in some parts of the world, much of what I have said would be commonplace.  But then, as noted above, such thinking used to be commonplace amongst Europeans, too.

I don't think it matters. It is one of the values that you can choose to attempt to put on bitcoin or you can put some other value on bitcoin.  If you think that bitcoin hinders you in that regard, then you can buy property and PMs in order to attempt to create material sentimental values and traditions.

No wonder the world is doomed.  

Seems to me that bitcoin brings some hope because it allows some possible ways that value is not as easily manipulated by the printing of fiat.  Property and gold and other maters have gotten perverted by the printing of money, so maybe bitcoin can help to balance out some of these material value matters more clearly that may also lead to some better abilities to carry out traditional values, too.


Life is cheap, and people have lost all sense of purpose.  They are all short-term thinkers:  

Not everyone has lost sense of purpose, even if we sometimes like to refer to hookers, lambos and blow.


Life is short!

Of course it is.

Well, it’s an important insight, in and of itself...  I’m glad to have this discussion.

Yes.. hopefully .. it does not come out as only pessimism regarding how to potentially fit bitcoin into some of this, even if we might have some differing perspectives regarding whether or how to engage in the various stages of having or liquidating bitcoin.
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September 07, 2020, 07:27:49 AM
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right we need a day of the week when we are rude to nullius for his lengthy expostulations. the scrolling past is getting tiring

jjg has stfu jjg thursdays, sunday is sacred to the haiku

monday then? today in fact?

stfu nullius

less is more. small is beautiful. concision breeds precision

(you know I love you but)
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September 07, 2020, 07:28:28 AM

or just get a room you 2 idk Grin
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September 07, 2020, 07:28:29 AM

@arcmetal
Sometimes I feel like I am real crazy especially when I find myself waking up at night just to check bitcoinwisdom. The WO, given the right attitude towards it, is a good source for everything Bitcoin.

Now looking at JJG/nullius debate you can see how easily we can degenerate (guys pages with only your posts = no good!)

By the way, JJG do not worry! I will be using your DCA strategy but I will never complain if it will not work. I believe these prices are still very low, hence even if your strategy could turn out to be crap short-term it will be amazing long-term!  Cool
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September 07, 2020, 07:32:03 AM
Last edit: September 07, 2020, 07:58:53 AM by JayJuanGee
Merited by Last of the V8s (1)

You learned correctly. Language is plastic (ask JJG about that one). Rules change.

You are suggesting that I twist language to my advantage in some kinds of ways?  

Absolutely. You have absolutely misused words to mean something quite opposed to their actual meaning, and when called out on it, you have used the 'words mean exactly what I want them to mean whenever I want them to mean that' defense.

Does not come off as a bad thing.... especially in terms of interacting with you.   Cheesy Cheesy Cheesy

Although, truth be told, it was not "to your advantage", as it was an egregious transparent act of disingenuosity ( <- alas - probably not available in the dictionary) fooling nobody, and therefore gaining you no advantage whatsoever.

Most of the time I try to be genuine.. but if I am dealing with trolls, shills or misleading posters, then sometimes I might play a bit harder ball.  Sometimes.


Nothing egregious of late, this is true. But Pepperidge Farm remembers.

I am glad that someone is paying attention.

As, no doubt, do you. Dissemble no further!

No.  I do not remember any such supposed incidents that you are likely just making up.  In any event, I try NOT to ponder over our interactions too much (oh, I am not saying that every single one of our interactions is without meaning, because you have provided some good posts from time to time, rare as that may be - which would cause more likelihood that I would ponder over such posts longer - and remember them longer), but every once in a while, I feel that I need to respond to some of your nonsense, so there is that angle, too.

Have a good day sir bear.    Wink

right we need a day of the week when we are rude to nullius for his lengthy expostulations. the scrolling past is getting tiring

jjg has stfu jjg thursdays, sunday is sacred to the haiku

monday then? today in fact?

stfu nullius

less is more. small is beautiful. concision breeds precision

(you know I love you but)

That's not fair.   Angry Angry Angry

I worked quite a long time on cluttering this thread before I got my own day named after me.

nullius is a relative newbie to the thread, even though I will admit that he has demonstrated quite an ability to give me a great run for my money, even as a late and sporadic entrant...  Cry Cry Cry  sucks to be me, right now.

or just get a room you 2 idk Grin

Cannot rule that one out.

I am thinking that we would probably be too irl scared of each other, though.   Cry
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I would like my avatar to be a hat I hope to get it soon
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September 07, 2020, 07:40:16 AM

In return I can offer 90 minutes of V8s is a grandstanding whore on a Tuesday morning and jbear is an ass every other Friday
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September 07, 2020, 07:43:53 AM

Scientists are working day and night for a vaccine, doctors are robbing themselves of sleep, all the governments in all countries have acknowledged the danger and are actively working to prevent covid19 until a vaccine is out.

I don't give a flying fuck what they do in their business.


Go to university, study virology for 5+ years, read the research papers on covid19 and then come back and delete your idiotic posts.

My bullshit meter is twinkling doc.


edit: And I say this to anyone who feels the need to be an edgy rebel. Nobody is impressed.

Damn right, not impressed. Not even close.
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That's not fair.   Angry Angry Angry

I worked quite a long time on cluttering this thread before I got my own day named after me.

nullius is a relative newbie to the thread, even though I will admit that he has demonstrated quite an ability to give me a great run for my money, even as a late and sporadic entrant...  Cry Cry Cry  sucks to be me, right now.

sorry old boy. in fact your discussion has been top notch. but a pre-emptive strike is needed before things get out of hand. can't have insults to you and the newbie flying all day every day, as happened to you before your name day. learning from experience and all that.

keep it pithy fellas please i beg, not jojo pithy perhaps, but you know
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September 07, 2020, 07:57:21 AM
Merited by Last of the V8s (1)

keep it pithy fellas please i beg, not jojo pithy perhaps, but you know



Lulz, V8s.  Point taken:  A Laconic wit, I seem to lack.  Got to go now, anyway.  I’ll be back.  Thanks for the reply, Jay.  OutOfMemory, something you said set off half the draft of a post that would require revving a V8 to the redline to zoom past.  I’ll need to complete it later today—or maybe tomorrow, if I am to “stfu”.  Alas, I still also have something for JimboToronto, too...
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September 07, 2020, 08:12:20 AM

I can't believe SJW rot has infiltrated Bitcoin Core, to the point they ACKED a merge to change "blacklist" to "blocklist".

For Bitcoin.

A blockchain.

...

Block Lives Matter?
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September 07, 2020, 08:20:57 AM

kurious
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September 07, 2020, 08:22:39 AM

@strawbs (and other fine members here) thanks for meriting my haiku.

I am not a merit source, and was pretty low on 'em - it will enable me to spread a few around again.
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September 07, 2020, 08:56:12 AM
Merited by El duderino_ (2), kurious (1)

@arcmetal
Sometimes I feel like I am real crazy especially when I find myself waking up at night just to check bitcoinwisdom. The WO, given the right attitude towards it, is a good source for everything Bitcoin.
hehe, I hear you on that.  I go through the same.

Although, this notion of having to constantly check the price didn't happen overnight.  

Years ago I used to check the btc price every now and then.  But then, one day, I still recall vividly.  On Jan 2, 2018 I got really sick, it must have been some flu, so I wasn't able to get to the PC for a few days.  When I was finally well enough to sit at my PC I saw that the prices of all my alts were going sky high.  ... It took a couple of days of struggling to install wallets, synch wallets, sign up at far flung coin exchanges, and so on.  Then a few days of non-stop converting alts to btc.  I was clearing whole walls of coins at the exchanges.  After clearing one wall, I'd go to another exchange and clear another wall.  I'd do this round robin at the exchanges, because it would take time for the original wall of coins I had wiped out to fill up again. ... I sold as much as I possibly could until the prices started to drop, and it became pointless to sell anymore.  ... To this day I still do not have a clear explanation for why the alts all went sky high at that time.  It may have been some kind of spill over effect from btc's rise in Dec of 2017.   But it was cool, it gave me a decent stash of btc. (it still doesn't wipe out the regret of having sold so many in the early days, but whatever)

After the above, I check the price often.  At least often enough to give me a feeling I won't miss out on another major bull run (I feel like it was more of a bull spike).  Checking WO helps with this.


Now looking at JJG/nullius debate you can see how easily we can degenerate (guys pages with only your posts = no good!)

By the way, JJG do not worry! I will be using your DCA strategy but I will never complain if it will not work. I believe these prices are still very low, hence even if your strategy could turn out to be crap short-term it will be amazing long-term!  Cool
Yes, I see.  Smiley    

I can't even comment on that, since I'd have to read through it first.
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September 07, 2020, 09:55:05 AM
Last edit: September 07, 2020, 10:40:59 AM by Leviathan.007

BTC/USDT 4H


Sales and supply volume is still very high. According to the chart shown above, I expect correction to the price floor of the green channel. Then we will see how the price will react to the channel floor. In case of supporting the price, there is a probability of pullback to 10400-10500 and in case of losing and breaking the support area at 9800 we can expect to see bitcoin at 9400.

My next technical analysis from btc/usdt on 4 hours time-frame is ready on my ready on my thread which is quoted here. Please share with me your comments about the analysis shown and quoted above.
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