Bitcoin Forum
May 19, 2024, 04:41:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

Pages: « 1 ... 31293 31294 31295 31296 31297 31298 31299 31300 31301 31302 31303 31304 31305 31306 31307 31308 31309 31310 31311 31312 31313 31314 31315 31316 31317 31318 31319 31320 31321 31322 31323 31324 31325 31326 31327 31328 31329 31330 31331 31332 31333 31334 31335 31336 31337 31338 31339 31340 31341 31342 [31343] 31344 31345 31346 31347 31348 31349 31350 31351 31352 31353 31354 31355 31356 31357 31358 31359 31360 31361 31362 31363 31364 31365 31366 31367 31368 31369 31370 31371 31372 31373 31374 31375 31376 31377 31378 31379 31380 31381 31382 31383 31384 31385 31386 31387 31388 31389 31390 31391 31392 31393 ... 33361 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26385065 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. (174 posts by 3 users with 9 merit deleted.)
philipma1957
Legendary
*
Offline Offline

Activity: 4130
Merit: 7891


'The right to privacy matters'


View Profile WWW
October 22, 2022, 01:55:19 AM

1993- world wide web became royalty-free (thanks to CERN's decision, btw)
1994-Yahoo and Amazon started
1998-Google search

Conclusion: apps developed pretty fast

2009-bitcoin started
2017-first lightning tx

Nothing else in the app layer really.
I am not criticizing and I know of all fight that we had to go through, but apart from lightning, I don't see much development in such apps, albeit 13 years had passed.

Tl;Dr it is not the same and, imho, we should focus on what bitcoin does best (trustless value transfer and a store of value).

thats what is good for. and in larger amounts.

while a coin I won’t mention is better as the worlds new cash.

hint not eth.

and never lowers reward just the % on new coins lowers over time.

does not mean I don’t like btc but it is much more like a large bank note then a hand dandy cash.

too bad it was not a 10 digit setup but no it is 8 digits which LN tries to fix .

I am not convinced that BTC becomes a world wide small change currency.

 I THINK IT IS BETTER AS A LARGE NOTE TO HODL.
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 02:01:17 AM


Explanation
AlcoHoDL
Legendary
*
Offline Offline

Activity: 2380
Merit: 4187


Addicted to HoDLing!


View Profile
October 22, 2022, 02:23:25 AM
Last edit: October 23, 2022, 06:05:02 AM by AlcoHoDL
Merited by JayJuanGee (2)

LFC's $14k BTC price prediction = a great opportunity to stack more sats cheaply. Win-win.

Getting involved in DOGE and other shitcoins = having TradeView glued to your eyes 24/7. Exchanges win.

Worrying about VB's POW --> POS change = you're doing it wrong. Sell your mining gear and convert to BTC.

Lending your BTC to gain interest = delayed nocoinery: "not your keys, not your coins".

HoDLing BTC (+ DCA if you can) = the best, worry-free investment strategy.
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 03:01:21 AM


Explanation
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 04:01:17 AM


Explanation
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 05:01:17 AM


Explanation
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 06:01:21 AM


Explanation
JayJuanGee
Legendary
*
Offline Offline

Activity: 3724
Merit: 10265


Self-Custody is a right. Say no to"Non-custodial"


View Profile
October 22, 2022, 06:16:36 AM
Merited by Paashaas (1), AlcoHoDL (1), serveria.com (1), bitebits (1)

So we’ve dipped below $19,000 again. I guess we’ll find out in the next few weeks which way we’re headed. I just can’t envisage the price bobbing along at $19,xxx for much longer.

Feels like we’ll see a significant move in either direction soon. Maybe it’s just me?
No, you are not the only one having that feeling. I also looked at the previous chart to find a clue as to whether is this the bottom or not. One thing I noticed in every bear cycle is that BTC prices never stayed at their bottom for a long time. This indicates that this is not the bottom. We are between 22k to 18k for a very long time and I have a feeling that more dip is ahead. There is a negative and a positive side to it.

Negative: Another major crash ahead.
Positive: End of the bear market.

Just because the BTC price has failed to go up for more than 4 months does not mean that a further bottom is necessary - whether or not there are further serious attempts to actually reach or surpass our current bottom of $17,593 from mid June.

If you might recall January 2015, BTC reached a bottom of around $153 (which had been coming down from $1,163 in November 2013), and then we spent about 9 months dickering around largely in the mid to lower $200s - with only one time in July getting up to $317-ish.. but then another pretty strong shot at getting below $200  that did not work.. so what happened to all the fuck twats who were predicting that another test of mid $100s or lower was inevitable..?   Answer:  they got stuck with their pants down, and likely did not buy back in until around $500 and they might not even had been able to get back into bitcoin that low because they ended up having more confidences regarding further fantasy dips that did not end up happening.

So, yeah, you can play around with your wishful thinking theories that another test of down is inevitable, and it may come, but it might not.. it is not as inevitable as you seem to be making it out to be... good luck in your preparations for down that you do not fail/refuse to sufficiently and adequately prepare ur lil selfie for UP, too.. if you happen to know how to prepare for both BTC price directions at the same time?

Imagine being asleep since Dec 10 2017 (5 years minus less than 60 days).
The price is almost identical.
That probably was the LEAST expected outcome back then, right?
No one was predicting it.

Dumb trolls and disingenuine posters like to emphasize those kinds of bullshit points.

I see that the 200-week moving average was just barely over $1,100 in early December 2017, and today the 200-week moving average is aboout $23,700, and likely the 200-week moving average will be above $24k in two months.. since the slope is still going up, even though slowly.

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

My point is that we have NO idea where the price would be in another 5 years.
Another 19184? That would be crazy.
Hoping for a 500K per btc.

We don't know with confidence where the spot BTC price is going to be in 5 years, so we should not be assuming anything with precision, but it seems quite likely that the 200-week moving average is going to continue to move up.. which likely means that the BTC price is going to get back above the 200-week moving average.. and of course, no guarantees.. but it seems to be good to be investing in bitcoin.. it has decently good chances to outperform other investment options.. .. maybe the question is where are you going to put your value if you don't put it in bitcoin.. at least having a decent stake in bitcoin (rather than a whimpy stake) so that you will likely be in a good position to be advantaged by bitcoin's ongoing upside potential and ongoingly strong investment thesis.. even with some down times like our last 6 months or so.. .

.  and yeah could be $500k like you mentioned.. or we might even have supra $1 million or even supra $10 million prices somewhere in the next 5 years.. even though those kinds of market caps might not be sustainable... because yeah a $500k market cap puts bitcoin pretty close to gold's market cap, and many of us can appreciate that there are some decent arguments to suggest bitcoin to be around 1,000x more valuable than gold.. even if it could take a long time for bitcoin's spot price to reach 1,000x of gold's market cap..


To me, this story is inspiring:
https://www.marketwatch.com/story/this-musician-retired-after-making-170-million-in-the-stock-market-now-hes-sharing-his-secrets-11666293074
TL;DR Musician on a relatively modest salary makes a lot on investments (over 40 years), now he is old and sick at 85 (started investing in his 40ies), but donated more than $105 mil to clinics, universities, schools, etc.

Is that what you are going to do when your 20 BTC are worth $200 million.. ?  Maybe 10 years, but maybe longer than that?  Gosh can we expect to live until we are 85 years old?   Hopefully we can spend some of it along the way... and we might not need to accumulate that much.. I mean it might be o.k. to just start to draw from your bitcoin when your stash is around $2million to $10 million rather than waiting until it is worth $200 million.. at least seems to me.  

There seem to be pretty solid strategies that any of us should be able to employ in order to not worry about drawing from our BTC along the way  and still be able to continue to allow our BTC to grow too....
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 07:01:16 AM


Explanation
Hamza2424
Legendary
*
Offline Offline

Activity: 980
Merit: 1045


#SWGT CERTIK Audited


View Profile WWW
October 22, 2022, 07:58:04 AM


Source

It seems Like an Interesting and full mess up of the current economy..
I don't know how much of the total population is demanding the #powertothepeople but in the year 2023 the economic crisis is going to write a history as stats are terrifying. Instability is key reason.
It can be any thing..
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 08:01:17 AM


Explanation
Faisal2202
Sr. Member
****
Offline Offline

Activity: 1218
Merit: 469


#SWGT CERTIK Audited


View Profile WWW
October 22, 2022, 08:35:22 AM

imag loading...

Live with swag even market is fucking you.
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 09:01:21 AM


Explanation
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 10:01:18 AM


Explanation
BitcoinGirl.Club
Legendary
*
Offline Offline

Activity: 2786
Merit: 2725


Farewell LEO: o_e_l_e_o


View Profile WWW
October 22, 2022, 10:45:22 AM
Merited by JayJuanGee (1)

Observing @ $ 19,160



Original idea 🤣
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 11:01:18 AM


Explanation
BobLawblaw
Legendary
*
Offline Offline

Activity: 1826
Merit: 5551


Neighborhood Shenanigans Dispenser


View Profile
October 22, 2022, 11:12:46 AM
Merited by El duderino_ (10), philipma1957 (1), JayJuanGee (1), Torque (1), HI-TEC99 (1), DdmrDdmr (1), Inwestour (1)

ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 12:01:22 PM


Explanation
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 01:01:18 PM


Explanation
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1778


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 22, 2022, 02:01:17 PM


Explanation
Pages: « 1 ... 31293 31294 31295 31296 31297 31298 31299 31300 31301 31302 31303 31304 31305 31306 31307 31308 31309 31310 31311 31312 31313 31314 31315 31316 31317 31318 31319 31320 31321 31322 31323 31324 31325 31326 31327 31328 31329 31330 31331 31332 31333 31334 31335 31336 31337 31338 31339 31340 31341 31342 [31343] 31344 31345 31346 31347 31348 31349 31350 31351 31352 31353 31354 31355 31356 31357 31358 31359 31360 31361 31362 31363 31364 31365 31366 31367 31368 31369 31370 31371 31372 31373 31374 31375 31376 31377 31378 31379 31380 31381 31382 31383 31384 31385 31386 31387 31388 31389 31390 31391 31392 31393 ... 33361 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!