dragonvslinux
Legendary
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Activity: 1470
Merit: 2029
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February 16, 2023, 05:10:03 PM |
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Now it get's interesting imo. This is current outlook superimposing macro levels (Weekly) onto short-term time frame (15M). Currently in between the 50 & 200 Week MAs, attempting to turn the former into support.  50 Week MA @ $24.739 and declining (bearish). 200 Week MA @ $25,012 and rising (bullish). Volume zone highlighted for context. Turning the 50 WMA into support is the key here.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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gembitz
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February 16, 2023, 05:13:54 PM |
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/\25OOO floor spin here we go ~ left foot right foot \_-_-_/ boom
____RARE PEPE NFTS ON BTC CHAIN ORDINALS GOGOGOGO___
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Crypto Library
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February 16, 2023, 05:20:41 PM |
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This week or next week ??
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vroom
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Activity: 1192
Merit: 1162
a Cray can run an endless loop in under 4 hours
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February 16, 2023, 05:55:32 PM |
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This week or next week ?? today or tomorrow? 
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jojo69
Legendary
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Activity: 2842
Merit: 3979
1/21000000 , the only math you need to know
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February 16, 2023, 05:55:35 PM |
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"Well, I call it crypto shit. It's worthless, it's no good, it's crazy, it'll do nothing but harm, it’s antisocial to allow it,"
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JayJuanGee
Legendary
Online
Activity: 3374
Merit: 8395
ESG, KYC & AML are attack vectors on Bitcoin
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February 16, 2023, 05:58:48 PM |
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So My coin purchases have been 32x of fiat since nov 2022
As JJG suggested I am keeping these numbers separate from my mining earnings and gear purchases.
My goal will be a minimum of 200x units of purchased btc so I have 168x to go or 84 weeks of dca.
Yeah, but you have been pretty silent in regards to whether you were able to buy back the BTC that you sold at around sub $20k prices. How did that work out? All fine and dandy if you had $100k worth of BTC that you sold at or below $20k, and then you were able to buy $40k back below your sales price and you are scrambling to get back the other 60% at prices that are higher than your sales price.. even though you feel good about it.. you still end up losing and would have had been better off if you had not sold on the way down in the first place. Another thing that you can proclaim is that your finances "are complicated" because your selling of BTC below $20k allowed you to be able to "invest in mining equipment" that had been way lower prices and opportunities that became available than such mining equipment had been higher prices prior to BTC's price dropping below $20k. .. so perhaps you will have had made up for your sub $20k sales of BTC in the long run so long as your mining ends up sufficiently paying off.. but perhaps, it is too complicated, and in reality, selling BTC below $20k was not such a great idea.. whether you used such proceeds to invest in mining equipment or not. This week or next week ?? Nice little "gradual" and ongoing UPpity (maybe our starting base might be in the ballpark of $16,666-ish) since the beginning of the year... that is seemingly "scary" (for some peeps), no? "Well, I call it crypto shit. It's worthless, it's no good, it's crazy, it'll do nothing but harm, it’s antisocial to allow it," Exactly!!!! I don't like that word: "crypto" either.
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ChartBuddy
Legendary
Online
Activity: 1834
Merit: 1574
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 16, 2023, 06:01:21 PM |
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Phil_S
Legendary
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Activity: 2002
Merit: 1390
We choose to go to the moon
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February 16, 2023, 06:24:15 PM |
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1.5x per year? 
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Volgastallion
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February 16, 2023, 06:37:34 PM |
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GM........
......To drive some "unscalable blockchain" narrative, like "bitcoin may bloat up in size and slow down to halt s00n"-like stuff? Just wondering.
Tick tock, next block. Bitcoin gives no shits. A new block every 10 minutes, give or take 5 minutes. & GM to uie-pooie too. I had to deposit some corn into Kraken yesterday. Was scared from what I saw on https://jochen-hoenicke.de/queue/. At the end I paid a fee of ~$0.35 (@ 7sat/vb) to move ~0.2 BTC within 15minutes. IMO this whole ordinal crap just lifted the base fee from 1sat/vb to 5-10sat/vb which is still incredibly cheap for what it is. Me thinks it looks like the whole fee-market-mechanic built into Bitcoin is working as intended. Even if mempool is having a huge queue right now, it is almost exclusively 1sat/vb transactions, pay a little more and things are as fine as they were before ordinals came along. <thisisfine.jpg> Exactamente... A big nothing burger... those getting worked up about it are attacking bitcoin from my point of view... .. when believing there is some kind of "urgent" need to fix something (or to even think about fixing something) that is not a problem.. not broken. Please return the account to the real JayJuanGee, its so easy to know he wasnt him, less than 458124211241215 words in a post on WO? No way. 
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ChartBuddy
Legendary
Online
Activity: 1834
Merit: 1574
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 16, 2023, 07:01:17 PM |
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JayJuanGee
Legendary
Online
Activity: 3374
Merit: 8395
ESG, KYC & AML are attack vectors on Bitcoin
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February 16, 2023, 07:10:30 PM |
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1.5x per year?  Why switch? Weren't you a 2x per year kind of a guy?
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philipma1957
Legendary
Online
Activity: 3780
Merit: 5764
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February 16, 2023, 07:32:35 PM |
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1.2 a year is more than good enough.
2003 gold was 400 it is now 1800. if it had done 1.2 a year we would be at 15,335
at 1.2 a year BTC in 20 years.
16.70 jan 2023 20.04 jan 2024 24.048 jan 2025 28.8576 jan 2026 34.62912 jan 2027 41.554944 jan 2028 49.8659328 jan 2029 59.83911936. jan 2030 71.806943232>>> jan 2031 86.1683318784>>> Jan 2032 103.40199825408>> jan 2033. ten years time
640k in 20 years time if it does 1.2%
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Phil_S
Legendary
Offline
Activity: 2002
Merit: 1390
We choose to go to the moon
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February 16, 2023, 07:36:24 PM |
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Why switch?
Weren't you a 2x per year kind of a guy?
I'm pro-reality kind of guy.
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ChartBuddy
Legendary
Online
Activity: 1834
Merit: 1574
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 16, 2023, 08:01:17 PM |
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OgNasty
Donator
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Activity: 4396
Merit: 3439
Leading Crypto Sports Betting & Casino Platform
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Resistance is breaking down… We saw a brief burst through $25K but the market hasn’t been able to hold that level yet. As I stated before, I suspect if we do see a prolonged move above $25K and accumulation happening, we’re going to jump straight to $30K faster than anyone expects. Hopefully people were able to grab the FTX dip around $16K. I’ll admit I wish I bought more, but I’m happy to stick with the plan and watch it unfold.
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Gachapin
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February 16, 2023, 08:59:50 PM Merited by JayJuanGee (1) |
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1.2 a year is more than good enough.
2003 gold was 400 it is now 1800. if it had done 1.2 a year we would be at 15,335
at 1.2 a year BTC in 20 years.
16.70 jan 2023 20.04 jan 2024 24.048 jan 2025 28.8576 jan 2026 34.62912 jan 2027 41.554944 jan 2028 49.8659328 jan 2029 59.83911936. jan 2030 71.806943232>>> jan 2031 86.1683318784>>> Jan 2032 103.40199825408>> jan 2033. ten years time
640k in 20 years time if it does 1.2%
gaaawd... philipma1957 get a grip... you are taking it way too far with you bearishness... with this growth rate we won't even get another ATH in 10 years, when adjusted for inflation.
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ChartBuddy
Legendary
Online
Activity: 1834
Merit: 1574
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 16, 2023, 09:01:20 PM |
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BreachOfEuphoria
Newbie
Offline
Activity: 36
Merit: 0
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February 16, 2023, 09:05:44 PM |
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I wonder what the chances of Bitcoin falling to 23K again are 
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OutOfMemory
Legendary
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Activity: 1204
Merit: 2341
a.k.a. ChartGPT
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February 16, 2023, 09:15:37 PM |
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Where's proudhon? Time to predict $1k...  #HODL
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Biodom
Legendary
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Activity: 3416
Merit: 3003
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February 16, 2023, 09:37:17 PM Last edit: February 16, 2023, 11:46:58 PM by Biodom |
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1.5x per year?  Interesting...it was 2X beforehand...now, maybe 1.5X per your suggestion, later could be 1.25-1.35X (maybe after the this cycle peak?). Amazon did 35% average during 25 years, bitcoin could do better. If after matching the last ATH it would be 35% yearly average, I would be happy. If it has to be from now on, OK for the next 3 years, then great. 1.2 a year is more than good enough.
2003 gold was 400 it is now 1800. if it had done 1.2 a year we would be at 15,335
at 1.2 a year BTC in 20 years.
16.70 jan 2023 20.04 jan 2024 24.048 jan 2025 28.8576 jan 2026 34.62912 jan 2027 41.554944 jan 2028 49.8659328 jan 2029 59.83911936. jan 2030 71.806943232>>> jan 2031 86.1683318784>>> Jan 2032 103.40199825408>> jan 2033. ten years time
640k in 20 years time if it does 1.2%
a small correction...50%/year until maybe 2027(?), then 35% 16.70K Jan 23 25.05 Jan 24 (feels bearish, but OK) 37.575 Jan 25 56.3625 Jan 26 (feels low, but it is about 1 tril market cap) 84.54375 Jan 27 (start of x1.35 appreciation) 114.1340625 Jan 28 154.081 Jan 29 208.01 Jan 30 280.81260 Jan 31 379.097 Jan 32 511.781K Jan 33 (ten years, 10 tril market cap, close to current gold's mcap) To me, this is quite possible, but it is also possible that as the rest of the "crypto" collapses, we rip up.
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