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Question: Where will this rally top out?
Already topped <$7,000 - 19 (24.4%)
$7,000-$7,499 - 6 (7.7%)
$7,500-$7,999 - 8 (10.3%)
$8,000-$8,499 - 4 (5.1%)
$8,500-$8,999 - 5 (6.4%)
$9,000-$9,499 - 1 (1.3%)
$9,500-$9,999 - 0 (0%)
$10K+ - 35 (44.9%)
Total Voters: 78

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21587571 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. (143 posts by 33 users deleted.)
Lambie Slayer
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November 24, 2019, 05:54:17 AM

[edited out]

STFU Permabear infidel.  Cheesy You wouldnt be so stressed


Facts not in evidence, regarding my alleged stress status.

and writing walls of text all day

Perhaps true, but out of context.

if you had the courage of conviction to embrace the all in way of hodl life. [/b]

I conclude that a moderate approach to my BTC holdings suits me better.

Your fear permeates through your text walls every day for all to see.

Yeah right....    Roll Eyes

The only fear that I have on a once in a while basis is that I might read some nonsense from a poster like you, and you have proven such fear to be true on a fairly regular basis.   Tongue Tongue

The only way to change is to get the fuck out or go all in.[/b]

Even a 10 year old has already learned that the world tends to have beyond black and white solutions.  Are you not quite 10 years old yet, Lambie?

Otherwise you will continue to suffer and nothing will change.  Wink

My alleged suffering is only a state of your evidently ongoing fantasy-filled mind.

And of course I am more insightful than a primitive chat bot. Wink

Maybe that is the problem?  Your chat bot admission against interest?  Now, the pieces are starting to fall into place and it is starting to make some sense regarding some of  your difficulties to abstract in your thinking.   Shocked

Just buy more Bitcoin and you wont be bothered so much when I correctly tell you we are going down more.  Cheesy All your worry and issues with my downwards calls just show me the truth that you are not invested heavily enough.

I will let you know when the Bargain Boyz arrive, despite your squirming and protests.  Cheesy
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whiteboy420
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November 24, 2019, 06:27:20 AM

wondering if it is time to scam bounce into 7.9k
Biodom
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November 24, 2019, 06:28:48 AM
Last edit: November 24, 2019, 06:56:26 AM by Biodom

An interesting analysis:

https://www.youtube.com/watch?v=i_ylh8LmfqQ

If you don't want to look at the video, here is probably the same guy's chart:
https://www.tradingview.com/chart/BTCUSD/vwsB8lTY-Exact-Price-and-Date-for-Peak-of-next-Bitcoin-Bull-Run/

TL;DR It could go down to 5-5.5K first or NOT (Dec-Feb time frame), then off to the races until $320K in late 2021.


My "fundamental" pseudoanalysis:

At halving S2F doubles, but price is going up approx 2^3.5 times (about 10-11X).
After next halving, S2f would be 56, which is 0.9 of Gold.
0.9^3.5=0.7
Therefore, THEORETICALLy, and based on scarcity alone (without considering demand), the value of btc might equal 0.7 of gold's market value.
Total value of excavated gold is currently (1465/1250)X7.5tril=8.8 tril
https://en.wikipedia.org/wiki/Gold_reserve
Some people think that almost half of gold should not be counted because it is either inaccessible or lost.
So, 4.5-9 tril, roughly.
therefore, market value of BTC, based on S2F should be 0.7X (either 4.5 or 9 tril)=3.15-6.3 tril
With roughly 18.1 mil btc currently, this would amount to 174-348K/btc sometime after the halving.

Interestingly, and unsurprisingly, my number matches several other projections.

Lambie Slayer
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November 24, 2019, 06:46:03 AM

The only problem is when majority expects something it usually doesn't happen. Until they change their mind because of panic sell or fomo caused by the tricky whales.

The problem there is when the majority expects that whatever the majority believes wont happen, then they lose all expectation. Then the situation is a majority of people saying they dont know what will happen because they got caught up in the urban legend of "whatever the majority believes wont end up happening".

The truth is someone always know what will happen and sometimes the majority is right and sometimes they are wrong, but someone always knows something and ends up being right. And when it comes to Bitcoin that someone is a powerful group known as the Bargain Boyz.

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November 24, 2019, 07:01:49 AM

The only problem is when majority expects something it usually doesn't happen. Until they change their mind because of panic sell or fomo caused by the tricky whales.

The problem there is when the majority expects that whatever the majority believes wont happen, then they lose all expectation. Then the situation is a majority of people saying they dont know what will happen because they got caught up in the urban legend of "whatever the majority believes wont end up happening".

The truth is someone always know what will happen and sometimes the majority is right and sometimes they are wrong, but someone always knows something and ends up being right. And when it comes to Bitcoin that someone is a powerful group known as the Bargain Boyz.



the majority of WO was right on the money in 7.5K vs 9.5K quiz.
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Doomed to see the future and unable to prevent it


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November 24, 2019, 07:29:43 AM

What comes first, Tesla Cybertruck or bitcoin next ATH?  Grin


BTC ATH or Cybertruck shatterproof glass?



don't know if anybody already reported on the mess of binance offices in china..

this reference reported by bbc.reporter :

https://www.theblockcrypto.com/post/48112/setting-the-record-straight-on-our-binance-reporting

Link doesn't work but doesn't matter as binance doesn't have any offices in china and left there years ago.

Quote
Binance CEO: ‘We Will Be Suing’ The Block Over China Police Raid Story

https://cointelegraph.com/news/binance-ceo-we-will-be-suing-the-block-over-china-police-raid-story



*I hate cointelegraph but it was the only link i could find atm.
dragonvslinux
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November 24, 2019, 07:31:46 AM

Current state of play....

Wall observer is neutral:



Bitmex is slightly short:



Market sentiment is extremely fearful:



Time to accumulate  Cool
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How much alt coin diversification is needed? 0%?


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November 24, 2019, 08:12:52 AM

[edited out]

STFU Permabear infidel.  Cheesy You wouldnt be so stressed


Facts not in evidence, regarding my alleged stress status.

and writing walls of text all day

Perhaps true, but out of context.

if you had the courage of conviction to embrace the all in way of hodl life. [/b]

I conclude that a moderate approach to my BTC holdings suits me better.

Your fear permeates through your text walls every day for all to see.

Yeah right....    Roll Eyes

The only fear that I have on a once in a while basis is that I might read some nonsense from a poster like you, and you have proven such fear to be true on a fairly regular basis.   Tongue Tongue

The only way to change is to get the fuck out or go all in.[/b]

Even a 10 year old has already learned that the world tends to have beyond black and white solutions.  Are you not quite 10 years old yet, Lambie?

Otherwise you will continue to suffer and nothing will change.  Wink

My alleged suffering is only a state of your evidently ongoing fantasy-filled mind.

And of course I am more insightful than a primitive chat bot. Wink

Maybe that is the problem?  Your chat bot admission against interest?  Now, the pieces are starting to fall into place and it is starting to make some sense regarding some of  your difficulties to abstract in your thinking.   Shocked

Just buy more Bitcoin and you wont be bothered so much when I correctly tell you we are going down more.  Cheesy

You are annoying!!!!!!!!!!

Accordingly, my BTC holdings is not a factor in respect to your annoyingness.

Thus, you should already realize that short term BTC price changes hardly change my strategy, except maybe I might tweak a bit here and there from time to time, but overall, I m following a very similar strategy all of the time.  Buy on the way down and sell on the way up.  So why would it matter if I had x percentage more or less BTC, in which x percentage is going to be a single digit number anyhow, and likely in the lower ends of the single digits.


All your worry and issues with my downwards calls just show me the truth that you are not invested heavily enough.

Your comment here shows me that you are projecting ways in which you would like to see the world, rather than reality.

I will let you know when the Bargain Boyz arrive,

Don't be a diptwat.  You have no clue..... so in that regard, you have a clue about how to be a diptwat.

despite your squirming and protests.  Cheesy

I will squirm alright, and I might protest, depending on my moo.


The only problem is when majority expects something it usually doesn't happen. Until they change their mind because of panic sell or fomo caused by the tricky whales.

The problem there is when the majority expects that whatever the majority believes wont happen, then they lose all expectation. Then the situation is a majority of people saying they dont know what will happen because they got caught up in the urban legend of "whatever the majority believes wont end up happening".

The truth is someone always know what will happen and sometimes the majority is right and sometimes they are wrong, but someone always knows something and ends up being right. And when it comes to Bitcoin that someone is a powerful group known as the Bargain Boyz.

Oh gawd, you are so full of shit.... especially when it comes to your last paragraph.
becoin
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November 24, 2019, 09:34:12 AM

But now many of traders are watching him to trade the opposite of what he predicts.  Grin

The only way to predict the future is to create it.
Staring at charts is a very stupid way of wasting your time.
Globb0
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November 24, 2019, 09:41:10 AM


lol, that joint is so long it almost penetrated into my room.

I saw some guys build a giant spliff like that at a party once. The cherry fell out and set the garden on fire.  Grin
Lambie Slayer
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November 24, 2019, 10:30:54 AM

[edited out]

STFU Permabear infidel.  Cheesy You wouldnt be so stressed


Facts not in evidence, regarding my alleged stress status.

and writing walls of text all day

Perhaps true, but out of context.

if you had the courage of conviction to embrace the all in way of hodl life. [/b]

I conclude that a moderate approach to my BTC holdings suits me better.

Your fear permeates through your text walls every day for all to see.

Yeah right....    Roll Eyes

The only fear that I have on a once in a while basis is that I might read some nonsense from a poster like you, and you have proven such fear to be true on a fairly regular basis.   Tongue Tongue

The only way to change is to get the fuck out or go all in.[/b]

Even a 10 year old has already learned that the world tends to have beyond black and white solutions.  Are you not quite 10 years old yet, Lambie?

Otherwise you will continue to suffer and nothing will change.  Wink

My alleged suffering is only a state of your evidently ongoing fantasy-filled mind.

And of course I am more insightful than a primitive chat bot. Wink

Maybe that is the problem?  Your chat bot admission against interest?  Now, the pieces are starting to fall into place and it is starting to make some sense regarding some of  your difficulties to abstract in your thinking.   Shocked

Just buy more Bitcoin and you wont be bothered so much when I correctly tell you we are going down more.  Cheesy

You are annoying!!!!!!!!!!

Accordingly, my BTC holdings is not a factor in respect to your annoyingness.

Thus, you should already realize that short term BTC price changes hardly change my strategy, except maybe I might tweak a bit here and there from time to time, but overall, I m following a very similar strategy all of the time.  Buy on the way down and sell on the way up.  So why would it matter if I had x percentage more or less BTC, in which x percentage is going to be a single digit number anyhow, and likely in the lower ends of the single digits.


All your worry and issues with my downwards calls just show me the truth that you are not invested heavily enough.

Your comment here shows me that you are projecting ways in which you would like to see the world, rather than reality.

I will let you know when the Bargain Boyz arrive,

Don't be a diptwat.  You have no clue..... so in that regard, you have a clue about how to be a diptwat.

despite your squirming and protests.  Cheesy

I will squirm alright, and I might protest, depending on my moo.


The only problem is when majority expects something it usually doesn't happen. Until they change their mind because of panic sell or fomo caused by the tricky whales.

The problem there is when the majority expects that whatever the majority believes wont happen, then they lose all expectation. Then the situation is a majority of people saying they dont know what will happen because they got caught up in the urban legend of "whatever the majority believes wont end up happening".

The truth is someone always know what will happen and sometimes the majority is right and sometimes they are wrong, but someone always knows something and ends up being right. And when it comes to Bitcoin that someone is a powerful group known as the Bargain Boyz.

Oh gawd, you are so full of shit.... especially when it comes to your last paragraph.


Yes yes, the squirmings and thrashing of someone who is not heavily invested enough to let go of their fear and cant stand another who has no such fear.

You will always be annoyed at the certitude of strong convictions such as mine or the Bargain Boyz bc they demonstrate the lacking in your own convictions, its your place in the scheme of things.

Carry on my friend as this is and always was your destiny.
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November 24, 2019, 10:41:40 AM

Good morning WO!
Observing @ $7,157

Curse to those who gone with $6.5k



F you! 😜
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November 24, 2019, 10:54:06 AM
Merited by JayJuanGee (1)


Just buy more Bitcoin and you wont be bothered so much when I correctly tell you we are going down more.  Cheesy All your worry and issues with my downwards calls just show me the truth that you are not invested heavily enough.

I will let you know when the Bargain Boyz arrive, despite your squirming and protests.  Cheesy

Brave call on this board.  The trend is down until it's not.

I try not to make the bearish calls much now because I sometimes don't have the energy for the arguments that ensue.

It is interesting that you identify the strength of protest with the degree of bullish commitment.  The holy grail of (contrarian) trading was always to find an pure untainted indicator of overall sentiment. When the bulls don't argue with bearish comment anymore, is that when the true bottom is in ?
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November 24, 2019, 11:04:25 AM

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November 24, 2019, 11:05:29 AM
Merited by El duderino_ (3)


...Oh gawd, you are so full of shit.... especially when it comes to your last paragraph.


Harsh way of putting it, but yes, I also don't believe that there is a group that always knows what is going to happen.  

This is an interesting argument between 2 eloquent posters, very different in their approaches.

I'm  particularly intrigued by Lambie's notion that 100% commitment is needed for freedom from worry about price. In one way it makes sense, but its difficult to accept.
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November 24, 2019, 11:08:28 AM
Merited by El duderino_ (2)

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November 24, 2019, 11:16:40 AM


Not Does 🤪

Anyway it happens with me occasionally LOL
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November 24, 2019, 11:18:31 AM

^boomer ok Tongue


...Oh gawd, you are so full of shit.... especially when it comes to your last paragraph.


Harsh way of putting it, but yes, I also don't believe that there is a group that always knows what is going to happen.  

This is an interesting argument between 2 eloquent posters, very different in their approaches.

I'm  particularly intrigued by Lambie's notion that 100% commitment is needed for freedom from worry about price. In one way it makes sense, but its difficult to accept.

It's fun but it's bollocks. Vast swathes of bitcoiners don't give a fuck about the price.
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November 24, 2019, 11:33:07 AM
Merited by jbreher (1)


Just buy more Bitcoin and you wont be bothered so much when I correctly tell you we are going down more.  Cheesy All your worry and issues with my downwards calls just show me the truth that you are not invested heavily enough.

I will let you know when the Bargain Boyz arrive, despite your squirming and protests.  Cheesy

Brave call on this board.  The trend is down until it's not.

I try not to make the bearish calls much now because I sometimes don't have the energy for the arguments that ensue.

It is interesting that you identify the strength of protest with the degree of bullish commitment.  The holy grail of (contrarian) trading was always to find an pure untainted indicator of overall sentiment. When the bulls don't argue with bearish comment anymore, is that when the true bottom is in ?

Yes strength of protest certainly shines a lot of light on what they really are going through atm.

You may remember the approx 3100 Bottom on Dec. 15 '18 and two days later on the 17th when I declared the Bear Market to have ended that JJG engaged in a vicious battle with me that lasted for many days bc he was incredibly angered by the certitude of me claiming the bottom was in. Walls of texts and silly name calling ensued. It was the usual "how dare you you wanna be sorcerer," "ur so full of shit," "ive been here a few months longer than you so how dare you" routine he has developed.

He had actually given up on short term bullishness at that point and switched from getting angry when people made bear calls with conviction to getting angry when people made bull calls with conviction. I couldnt make this stuff up if I tried. Cheesy

If he is going to be an accurate indicator in that fashion again we will need for him to start getting angry at bull calls to be sure the bottom is in. Mr. Goose is already posting pics of a frugal lifestyle so if JJG gets pissed at bullish calls hopefully we can start the run to 100k.

TLDR: Bitcoin trend changes revolve around Mr. Goose's spending habits and JJGs sententious and anger filled text walls.
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November 24, 2019, 11:33:08 AM


...Oh gawd, you are so full of shit.... especially when it comes to your last paragraph.


Harsh way of putting it, but yes, I also don't believe that there is a group that always knows what is going to happen.  

This is an interesting argument between 2 eloquent posters, very different in their approaches.

I'm  particularly intrigued by Lambie's notion that 100% commitment is needed for freedom from worry about price. In one way it makes sense, but its difficult to accept.

I do agree that to many people are worried to much about short term prices.... But I also think it’s esecially the people that don’t understand the power/fundamentals of BTC or the importance of financial freedom are the people that do worry about the price.... they mostly are the ones that just wanna make a $
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