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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 10 (6.8%)
H2 2019 - 15 (10.3%)
H1 2020 - 27 (18.5%)
H2 2020 - 26 (17.8%)
H1 2021 - 12 (8.2%)
H2 2021 - 28 (19.2%)
H1 2022 - 6 (4.1%)
H2 2022 - 4 (2.7%)
H1 2023 - 0 (0%)
H2 2023 - 3 (2.1%)
2024 or Later - 15 (10.3%)
Total Voters: 146

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21288238 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. (102 posts by 19 users deleted.)
Torque
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May 13, 2019, 12:35:36 AM

Supreme King Uberbear Tyler Jenks issues first Bitcoin buy recommendation in 17 months:



https://twitter.com/LucidInvestment/status/1127250971053129728
Hyperwave might have some merit (although not here and now). But this guy is clearly retarded if he recommends a first buy in 17 months, hyperwave or not.

For the record, I think he meant first buy recommendation in the last 17 months.

But that guy is just another "Bitcoin Trading Expert" retard making predictions from his ass. Those idiots make more money gaining a following and scamming their followers with supposed "insider trading info" (usually for a fee) or racking up YT subscribers, than they do actually trading anything. He was calling for a fall to $1K many times.

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May 13, 2019, 01:18:07 AM

Supreme King Uberbear Tyler Jenks issues first Bitcoin buy recommendation in 17 months:



https://twitter.com/LucidInvestment/status/1127250971053129728
Hyperwave might have some merit (although not here and now). But this guy is clearly retarded if he recommends a first buy in 17 months, hyperwave or not.

For the record, I think he meant first buy recommendation in the last 17 months.

But that guy is just another "Bitcoin Trading Expert" retard making predictions from his ass. Those idiots make more money gaining a following and scamming their followers with supposed "insider trading info" (usually for a fee) or racking up YT subscribers, than they do actually trading anything. He was calling for a fall to $1K many times.


Yeah this is douche bullshit, 20% so if you make gains he's wise, 20% if you lose he's wise because he said it wasnt in according to hyperwave and he "saved" you 80%
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May 13, 2019, 01:53:00 AM

Supreme King Uberbear Tyler Jenks issues first Bitcoin buy recommendation in 17 months:



https://twitter.com/LucidInvestment/status/1127250971053129728
Hyperwave might have some merit (although not here and now). But this guy is clearly retarded if he recommends a first buy in 17 months, hyperwave or not.

For the record, I think he meant first buy recommendation in the last 17 months.

But that guy is just another "Bitcoin Trading Expert" retard making predictions from his ass. Those idiots make more money gaining a following and scamming their followers with supposed "insider trading info" (usually for a fee) or racking up YT subscribers, than they do actually trading anything. He was calling for a fall to $1K many times.



re: hyperwaves

Deploying phase one.

That is all.

W


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May 13, 2019, 02:17:59 AM
Last edit: May 13, 2019, 02:29:49 AM by realr0ach


I believe manipulation is in full effect currently as these exchanges are trying to cover their butts to liquidate leveraged shorts that have been stacking. As a result this will extend the length of our current bear market, cause a much faster and harder drop and possibly take us to lows lower than previously expected by even the most bearish of bears. Sleep tight! Smiley

The sucker's rally scenario looks plausible simply due to the fact there's NOBODY in the general public looking to buy or can afford to buy imaginary timestamps for $7000 nowadays, so who the hell is the greater fool supposed to be? All the greater fools like JayJuanGee and Trollgoossens are already all-in.  Bitcoin is a dollar derivative and the entire world is collapsing in poverty except people like Jeff Bezos that own everything.  So unless Jeff Bezos decides to be the greater fool and baghold a bunch of imaginary, valueless shitcoins, or Bernanke helicopter money is immediately released tomorrow, then what the fuck?
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May 13, 2019, 02:36:58 AM

#dyor

#stronghands
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May 13, 2019, 02:37:42 AM

There are only two big players in crypto: BitFinex/Tether and Binance.

From what I've seen, Binance is just as highly exposed to Tether as Bitfinex in numerical amounts.  In other words, the two largest Bitcoin exchanges are nothing more than MtGox-style cooking the books scams.
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May 13, 2019, 02:51:32 AM

So, yeah, what are the odds of $20k in 45 days?  

Right now? Not good.

18 months from now, a blowoff top that takes us from $50K to $150K in 45 days? Maybe 50-50.

DealWithItShades.png
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May 13, 2019, 02:54:09 AM



Jesus Christ.  Toknormal is a Dashcoin scammer so of course he's going to create a blatant lie picture like this.  Digital shitcoins are currencies NOT commodities or money.  It even has the fucking word "cryptocurrency" in the name flat out telling you what it is.  On a long enough timeline, ALL currencies go to zero.  They are not stores of value; Bitcoin is not a resource.  

To be actual money you have to be a non-perishable, physical commodity - A RESOURCE.  Bitcoin is not non-perishable because it can die at literally any second by consensus failure, cryptography implosion, or a million other things, or easily be disposed of and replaced by an infinite amount of other worthless currencies.  This is why real money is required to be a physical commodity aka a resource.  If I hoard an actual resource like silver and corner the market, I have actual power and can ask for whatever the market can bear.  If you hoard all 21 million digital shitcoins, the rest of the world gets to completely ignore you!
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May 13, 2019, 03:01:23 AM

 If I hoard an actual resource like silver and corner the market, I have actual power and can ask for whatever the market can bear.
I think the Hunt brothers tried to corner the silver market.  Didn't work out too good for them.
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May 13, 2019, 03:02:52 AM
Last edit: May 13, 2019, 03:16:06 AM by realr0ach

If I hoard an actual resource like silver and corner the market, I have actual power and can ask for whatever the market can bear.
I think the Hunt brothers tried to corner the silver market.  Didn't work out too good for them.

If you actually know the story, they used the leveraged trading PAPER market, and then the Jew banks came in and changed the rules on things like margin requirements mid-flight, forcing them from being buyers/holders to sellers. They have no cornering of anything if their supply is encumbered in the equivalent of a variable rate mortgage that can blow up at any time.  Since everyone already knows the Hunt brother's lesson, it's likely the fraudulent exchange prices can literally go to zero the closer you get to moonshot revaluation of metals simply because nobody will be willing to take the buy side order of the non-performing, digital, paper trade at all and instead only buys physical instead.
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May 13, 2019, 03:05:55 AM

how to earn bitcorns? Smiley

I’ve heard selling yourself to other men for sexual services can be good pay.

Genitalbitz is a pro at that Cheesy
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How much alt coin diversification is needed? 0%?


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May 13, 2019, 03:10:49 AM

....... there's NOBODY in the general public looking to buy or can afford to buy imaginary timestamps for $7000 nowadays, so who the hell is the greater fool supposed to be? All the greater fools like JayJuanGee and Trollgoossens are already all-in.  ............

Stahp trying to suggest that bitcoin is either a saturated or mature market.  Only about 1% of the whole world's population has any kind of stake in bitcoin, so there are plenty of folks who will be ready, willing and able to buy into bitcoin.  Also, many of the people who are 1% owners of bitcoin, are not necessarily "all in" bitcoin, including yours truly.   

I will admit that since late 2014, I had largely established my stake into bitcoin, but I do continue to dollar cost average into bitcoin, too, so accordingly, I will concede that the percentage of my allocation towards bitcoin is likely quite a bit larger than a lot of other people who are "into" bitcoin.   

No matter how you slice the situation, there are both a lot of people and a lot of money that can still enter into bitcoin, whether $7k or even at much higher prices, and therefore bitcoin, as a market, is not close to being either saturated or mature.

So, you better do some more homework to get some better facts and logic, roach, if you were actually wanting to attempt to contribute substantively meaningful questions about bitcoin adoption into this thread.
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May 13, 2019, 03:17:03 AM

the pervasiveness of a kind of gambling mentality

JayJuanGee is sitting here looking like the second coming of Richard Simmons throwing dice in an alleyway.
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May 13, 2019, 03:24:22 AM

So, yeah, what are the odds of $20k in 45 days?  

Right now? Not good.

18 months from now, a blowoff top that takes us from $50K to $150K in 45 days? Maybe 50-50.

DealWithItShades.png

Gosh.  You speak the truth there, and I am trying to figure out how I could assert that you could be wrong, but you are not.

Actually, only a small minority of the world's populations, perhaps less than 50% of the persons who already HODL bitcoin, recognize the upside potential of BTC in 18 months as being so strong... 50/50 are not weak odds, and they same to be about how I am assessing them to be too.... which are damned good, if you think about another 7x to 20x price appreciation from where we are at now.. and the odds are also not bad that such a blow off top could go above your indicated range. 

Could take a decent amount of time for others to realize those underlying probabilities, and the disparate investment opportunity that bitcoin provides, and likely many of the people who will be buying BTC to drive its prices from $50k-ish to $150k-ish do not now realize that they will be contributing to such a BTC price upsurge when such upsurge likely comes in about an 18 month time-frame, as you mentioned... not enough to save JMacAfee from eating his dick, but enough to make a large number of us longer term HODLers much more content, and might cause some of us to turn into BIGGER assholes.... a kind of increased "fuck you" status.
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May 13, 2019, 03:28:51 AM

the pervasiveness of a kind of gambling mentality

JayJuanGee is sitting here looking like the second coming of Richard Simmons throwing dice in an alleyway.

Do you even know how to read?

In other words:


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May 13, 2019, 03:43:28 AM

Bitcoin has been declared dead 355 times, most recently just 8 days ago. Smiley

https://99bitcoins.com/bitcoin-obituaries/
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May 13, 2019, 04:19:13 AM
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....... there's NOBODY in the general public looking to buy or can afford to buy imaginary timestamps for $7000 nowadays, so who the hell is the greater fool supposed to be? All the greater fools like JayJuanGee and Trollgoossens are already all-in.  ............

Stahp trying to suggest that bitcoin is either a saturated or mature market.  Only about 1% of the whole world's population has any kind of stake in bitcoin, so there are plenty of folks who will be ready, willing and able to buy into bitcoin.  Also, many of the people who are 1% owners of bitcoin, are not necessarily "all in" bitcoin, including yours truly.   
I will admit that since late 2014, I had largely established my stake into bitcoin, but I do continue to dollar cost average into bitcoin, too, so accordingly, I will concede that the percentage of my allocation towards bitcoin is likely quite a bit larger than a lot of other people who are "into" bitcoin.   

No matter how you slice the situation, there are both a lot of people and a lot of money that can still enter into bitcoin, whether $7k or even at much higher prices, and therefore bitcoin, as a market, is not close to being either saturated or mature.
...
I have noticed it takes all kinds to fill this planet and make it go round. 

You're comment reminded me of a conversation I had with a no-coiner a few summers back.  He was certainly a negative nancy to all my comments about bitcoin.  Finally it came down to me asking him "so would you ever consider buying some bitcoin?", to which he replied "yes, but not until it has become commonplace, and less volatile."

And so I says, that may not happen until it has reached $ 1 million, are you sure you'd wait until then?  And his response was "yes". ...

He may have been serious, or maybe just spiteful, its tough to say.  The best analysis I have of this is to compare it to the invention of the telephone.  There are some that would buy it right away, to have the newest thing, and then there are some that would wait until everyone has a phone before buying it, because why would you own it if hardly anyone you knew had one.  I realize the differences between these two inventions, but I'm just trying to rationalize of waiting to buy bitcoin at $ 1 million.

It might just be that some are happy to wait until it becomes a household item like a telephone, or a teapot, and they have no interest in making extra money on its path to that end.
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May 13, 2019, 04:33:43 AM

Not about bitcoin...
micg is in the hodlrest, but I still don't want to give out anything but a vibe on GOT.

The last two episodes counting todays's were the dumbest, least nuanced episodes of the whole show.
I hope that the final would make up for this...disappointed (at the moment).
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May 13, 2019, 04:41:06 AM

Don't quote r0ach. Life is too short.
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May 13, 2019, 04:48:12 AM

Don't quote r0ach. Life is too short.
hehe, this be true and wise.  But it happen to be embedded within the quote I was replying to, and so, it had some relevance.
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