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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26388682 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
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October 30, 2022, 12:41:39 AM

what Bout trimmed bush. Well trained and happy to be released into states of ecstasy via proper tongue lashings.

unless of course we are talking about other types of bushes.

I have found via long practice the properly trimmed and cared for bushes are the happiest most joyfull bushes around.

while those that attempt to use poles and sticks on bushes mostly fail at pleasing said bushes.

 being married to the same person since 1986 I can’t begin to stress how important well trimmed happy bushes are good for both the bush and the pole.
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October 30, 2022, 01:01:17 AM


Explanation
Biodom
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October 30, 2022, 01:14:45 AM


Don't get me started on understanding the bush.

what is it..a horticulture thread?  Grin

typical Saturday night vibes around here...
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October 30, 2022, 01:20:48 AM
Merited by JayJuanGee (1), HI-TEC99 (1)


Don't get me started on understanding the bush.

what is it..a horticulture thread?  Grin

typical Saturday night vibes around here...



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October 30, 2022, 02:01:17 AM


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HI-TEC99
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October 30, 2022, 02:17:41 AM

...

I have found via long practice the properly trimmed and cared for bushes are the happiest most joyfull bushes around.

...

Does this one need a trim?

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October 30, 2022, 02:46:42 AM

For only the 4th time in bitcoin's history, the williams % range indicator is in the heavily oversold zone Roll Eyes

We therefore classify the current phase as a rare buying opportunity.

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An actual link would be helpful on this one.  I never heard of the Williams % range indicator... Must be a very important indicator that someone made up and named after themselves, or maybe took it from someone else.. but they wanted to see their name in lights... Maybe it is Serena Williams, even though she is already famous for other reasons?

If this plays out Bitcoin will face a modest pump towards ~$100k, dumped back to $60k ore so. Will decouple from stock market by 2024 halving with a glorious mega pump to $200k - $400k.
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SPX longterm outlook for the next 4~5 years.
Thank me later.

https://twitter.com/JC_Investment/status/1586029165836632064

For sure, even if there is a possibility to get the BTC price direction correct, I also personally have difficulties attempting to suggest more than one or two legs in advance - even assuming directional correctness can be achievable... Maybe directionally we can say maybe we could get 60% or 70% odds, and then getting the first leg correct, that would bring it down to around 30% or 40% maybe, and then getting the second leg might bring it to 20% or so, and how many legs are in the prediction?  I know some folks will say that they were correct based on a variety of factors somewhat ballparked-ly playing out.
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October 30, 2022, 03:01:21 AM


Explanation
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October 30, 2022, 03:21:51 AM


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Here's time taken to grow Bitcoin's user base by a factor of 10.

We are in the 9th iteration; going from 100m to 1b users.

The 10th iteration will be last; 100% global adoption.
https://twitter.com/woonomic/status/1585404393008304130
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In regards, to the second table listing bitcoin growth timelines, I have some difficulties considering that we are already past 100 million bitcoin users.  Sure it is possible that we have reached those numbers, and if you think about it, if the bitcoins were equally distributed, that would be 0.21 BTC per person, and we know that some users have way more than that, which would imply that some users have way less than that... like way the fuck less. .. like some people are being counted as users, and maybe they ONLY own an account on Coinbase (with zero balance) or maybe their Bitcoin holdings may well only be a few satoshis..

How many satoshis would be enough when 21 million satoshis is the current mean, if we were to divide 21 million users into 2.1 quadrillion satoshis..?  

Maybe we have millions of supposed bitcoiners who are ONLY holding around a few thousand satoshis and they count as bitcoin investors... even tens of thousands of satoshis would not cost very much at today's prices to bring your own holdings above the mode.. .. bringing yourself above the mean would be a bit more challenging for newbies with little income (cashflow), but it still may well be doable to get a few million satoshis for less than $1k... because right now you could buy 1 million satoshis for right around $207.. and maybe you would have to pay more depending on the fees that you might have to pay.
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User = unique active user.

Active means holding BTC (accessing the economic properties of BTC).

Data is via a mix of forensic on-chain analysis (clustering addresses into entities) and unique ID-verified accounts at exchanges (via CCAF) with survey based de-duping.
https://twitter.com/woonomic/status/1585408872956973056

Your further response does not really go towards addressing my use of that post as a springboard in regards to some other ideas.

Another thing is that bitcoin addresses do not necessarily equal number of users, and surely Willy Woo would not make that kind of mistake, so I would surmise that any data that he puts out is an attempt at best guestimations - which he is likely better than a lot of sources in terms of attempting to give some meaningful numbers - but even with Willy's genuine attempts I stand by my points both in regards to likely the low number of bitcoin adopters, the likely low amount of BTC (or satoshis) that are likely in the average users BTC wallet, even if we end up having more than 100million bitcoiners, and also the cheapness of buying satoshis to even be able to achieve the mode number of satoshis that would be in each of the BTC wallets if we were to generously assume that BTCs were equally distributed amongst the supposed quantity of bitcoin users (100million) and even assuming that no coins were lost and no one is HODLing (or hoarding) disproportionate shares of their alotted bitcoin.. 21 million satoshis per person.... kind of fucked up when we know some people and companies credibly proclaim to have 10s of thousands of BTC.. and "greedily" taking BTC from the "mode" BTC user who may be in the 21 million satoshi territory (and likely way the fuck less than that because every one of the supposed 100million plus users could not realistically even get 1 million satoshis if they all tried to do so.. because too many are retained by the evil bitcoin hoarders.


If someone would have told me beforehand that gold would be declining when inflation is at 8-10%, I would have been very surprised.

Have you ever heard of the "bitcoin replaces gold" theory  or the "bitcoin eats gold's lunch" theory?

#askingformylilselfie

 Cheesy Cheesy Cheesy Cheesy Cheesy

20BTC = 20BTC
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October 30, 2022, 03:40:25 AM

''BITCOIN IS FREEDOM” light show above the City of Lugano, Switzerland tonight.


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October 30, 2022, 03:55:01 AM
Merited by shahzadafzal (1)

''BITCOIN IS FREEDOM” light show above the City of Lugano, Switzerland tonight.


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The "pole" on the left doesn't seem healthy.
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October 30, 2022, 04:01:17 AM


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October 30, 2022, 07:01:17 AM


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October 30, 2022, 07:04:19 AM
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Every Satoshi counts !


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October 30, 2022, 07:11:09 AM

 Exactly 8 years ago today, $500,000 in free Bitcoin is distributed among every student at MIT.

Source: https://twitter.com/pete_rizzo_/status/1586333314692296705
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October 30, 2022, 07:42:11 AM

Good news for dog lovers and bad news for the rest of the people. His shitty tweet about shit coin will only cause a bad reputation for crypto. If a meme coin like this can pump like this then investors are not serious about technology or project. It's more like a money-grabbing machine. Elon will surely manipulate the whole market for pumping doge as he did before.
Why has every pump in Dogecoin over the last two years always been associated with Elon? Is it because other people can't afford to pump on Dogecoin in the market. I was just a little surprised when there was a pump on Dogecoin in the market, the first name that was mentioned was Elon and it was as if he was the only one who could afford to buy Dogecoin in such a large quantity that the names of other people never appeared despite making the same amount of purchases as Elon do. After all, Elon himself also never said how many Dogecoins he bought at this point.

My hunch for the increase in Dogecoin at this point is because of two things, first because there is a bit of a push from the market starting to look green and even that it has little to do with Bitcoin's increase so that people start looking at the top ten cryptocurrencies to buy before they get expensive. The second is absolute because the number of buyers is increasing so that Dogecoin, which was ranked 10th cryptocurrency, is now ranked 8th cryptocurrency.

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October 30, 2022, 08:01:17 AM


Explanation
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October 30, 2022, 08:33:59 AM
Last edit: October 31, 2022, 04:00:17 PM by cygan
Merited by vapourminer (1), xhomerx10 (1)

gm ... its time for the first cup of coffee☕ Cool


https://twitter.com/josebitcoiner/status/1586514156592799751
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