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Question: Is this the last time we see sub-$10K?
Yes - 17 (53.1%)
No - 15 (46.9%)
Total Voters: 32

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21527968 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. (142 posts by 32 users deleted.)
Biodom
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December 01, 2019, 02:03:48 AM

Apparently, natural power-law corridor of growth for bitcoin has been falsified:

https://medium.com/burgercrypto-com/debunking-bitcoins-natural-long-term-power-law-corridor-of-growth-c1f336e558f6

Premise:

Quote
One person in particular keeps coming back saying his model does a better job. Harold Christopher Burger’s idea was to build a comparable model, but instead of taking the natural logarithm of the stock to flow ratio as an independent variable, he thought the natural logarithm of time would be a better input. He reasoned that stock-to-flow is a function of time, so time itself must perform better. Even though Nick has demonstrated repeatedly (here for instance) how PlanB’s model is just better, Harold keeps claiming his work is superior.

What followed is a falsification of the Burger's model, at least according to the author.
PlanB's model is still standing (so far).
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jojo69
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December 01, 2019, 02:24:27 AM

Unusual circumstances. The terrorist and the murderer were at the same criminology conference held by Cambridge university in a building next to the bridge.  

The terrorist was a guest.  One the victims was the conference convener. At this point it appears many of the mob that fought the terrorist were cons from the conference.

It’s a complicated world, where heroes are villains, although the terrorist is clearly a villain through and through.

 I'm almost certain there's a feature length film coming.


right?  good grief

I was at a party last night.

One of the guests is ex-military.

He was telling me how it was obvious from the footage that they were all actors and a staged scene.

I can’t even.

normally I'd be right there with you...but the narwhal tusk is just a bit over the top...
Biodom
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December 01, 2019, 02:28:11 AM
Merited by vapourminer (1)

How to be sucessfull (or at least try to be)

1. 80 hour work week
2. Sacrifice weekends, nights, holidays
3. Risk taking, dump all money into what you believe
4. Failure 99% of the time 
5. Do not quit despite failure
6. Read incessantly, constant self improvement
7. Competitive af + put up with haters

A strange game.
The only winning move is not to play.
SuperTA
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December 01, 2019, 02:50:45 AM

Envy could be cured by Bitcoin!
Hueristic
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December 01, 2019, 02:53:01 AM
Merited by Biodom (1)

How to be sucessfull (or at least try to be)

1. 80 hour work week
2. Sacrifice weekends, nights, holidays
3. Risk taking, dump all money into what you believe
4. Failure 99% of the time 
5. Do not quit despite failure
6. Read incessantly, constant self improvement
7. Competitive af + put up with haters

A strange game.
The only winning move is not to play.


JayJuanGee
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December 01, 2019, 02:54:58 AM

So here you go Lambie Slayer





Note I have requested these cards from a very kind person on the BTCT forum .... Just asked for some small details Tongue

credit to: Basorexia

*hope you guys can find yourself in those cards

Catching up on a lot of posts and see something new. WO never stops surprising me w something I never thought of.

Hopefully we get a Bargain Boyz card soon.  Cheesy

That's a fantasy of your own perverted imagination - a way that you wished the world to be rather than what it is.  Accordingly, if you want that you should realize that it is something that you must "get" for ur lil selfie.     Tongue  and share with the rest of us (less imaginative peeps), so we can witness how retarded you are with your ongoing playfulness.   Cheesy Cheesy Cheesy

STFU permabeartard  Wink Divest some of your other assets and buy more Bitcoin. Bargain Boyz have been far more correct than your wanna be sorcery attempts.  Cheesy


Oh my, lambie.  You are surely emotional recently.  

You might want to try focusing ur lil selfie rather than just making up shit in order to engage in some kind of lame strawman attempts that are not even based on facts or logic... furthermore, you are labelling me as a wannabe sorcerer, when that is specifically my criticism of you, you diversionary tactics dimwit.  I am criticizing you for being a wannabe sorcerer, so you proclaim that is what I am doing.   Roll Eyes Roll Eyes  Can you work on a bit more originality and accuracy in your insult attempts..?  Of course, you are trying to divert from yourself by engaging in a divergence attempt.  Roll Eyes

Regarding my system of buying, selling or hodling BTC, quite a while back, I found a balance that works well for me, and I believe that I have tailored such system to my own situation in a way that makes me quite comfortable.  So in that regard, I doubt that I need to make any large adjustments in terms of buying more BTC.

In fact, I probably have admitted previously what I perceive to be an overall dynamic in my BTC portfolio that causes me to continuously be a bit over-invested, and I kind of realized that I was over-invested in BTC since about mid-2015, but I also engaged in such over-investing on purpose, so that I don't feel bad when I sell a bit of BTC as the BTC price goes up which ended up (if it goes up) being a kind of justification hook for my authorizing myself to sell small amounts of BTC as the price goes up, and I won't feel bad about my skimming off those BTC to turn them into dollars.

Some folks who read my posts may have recognized that there can be inconsistencies with any of us attempting to find a BTC/fiat balance that is comfortable, so I have gone through times in which I made mistakes by not selling enough BTC on the way up and even doing the opposite of what I should be doing, such as buying BTC on the way up when I should be selling.

I have not been making those newbie emotional mistakes as frequently as I did in 2015/2016,  but I am NOT completely immuned from such doing the wrong thing and seemingly mistakes, either.

 My tentative conclusion remains that if anything I should sell more BTC on the way up.  

I have noticed that this cycle (referring to our drop from $19,666 to $3,122 and bounce thereafter), I have been selling way less BTC (as a percentage of my holdings) on the way up than I used to sell in the 2015 to 2017 uptrend, so I seem to be assuming that such a selling less practice allows me to have more BTC when the price finally goes up, which may or may not actually result in more BTC if the price does not shoot straight up, which surely it is not likely to do.  

Sometimes there could be needs to tweak whatever I am doing to allow me to sell more BTC then be able to buy more BTC on the way down with the proceeds from those sales - but I have already figured out that I am likely going to be just fine with the balancing of sales versus buys that I have already struck with myself in terms of how much fiat seems to end up stacking up when selling BTC on a regular basis on the way up, even when the BTC sell authorization amounts seem to be relatively small, and especially during periods that BTC's price is rushing upwardly without any meaningful correction(s).

So, there you go, Lambie, you fucktwat, an attempt from me to contextualize the situation and assert that there is no god-damned need for me to buy more BTC when I have more than enough.. and surely we can resume UPpity at any time, too.  Not that you care about actual facts, and just want to spout out some nonsense and suggest that WO participants should follow you and your purported smarter than everyone else posturings.
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December 01, 2019, 02:55:52 AM

Ok... so pretty graphs with colourful lines scribbled on them aside... what are the odds that we're going to get back up over $9K (or 10K) before the end of the year? Personally... I'm not hearing a lot of positive sentiment... but then, I'm not really hearing a lot of negatives either... most people I'm talking to seem to think we're going to bumble along in the $7-8k range for a while.
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December 01, 2019, 02:58:10 AM
Merited by cAPSLOCK (1)

In short term TA, the pace we are falling right now is not great.  

We ought to be gently rising right now.

Looks like it’s going to be a shitty December, with a possible scary plunge like the 2018 December bottoming.

@HM -
Agreed. This is what the Bargain Boyz are waiting for. Most don't believe they will get it, but most have been wrong in general about this mini bear market that proceeded the mini bubble.

If we are following in a fractal type pattern what happened in 2015(I think we are) then I believe overshooting the fractal to the downside (5200 minimum) is most likely since we already overshot the fractal so much to the upside. We had the ying, now comes the yang.


@everyone in general who believes in the King-

Good news is whatever happens the window for cheap coins will be closing in the next few months, so my advice to everyone is hurry up and divest your other assets and go all in on Bitcoin as the last great bargains materialize.

Dumb cunt-twats like JJG are one of your best indicators that bargains are on the way. Whatever calls compell his programming to respond with large walls of bitter and angry wordiness are correct approximately 82.37999% of the time according to the aggregate backtesting studies conducted by various independent researchers.  

Homes, boats, metals, stocks, t bills, and fiat are all shitcoins compared to King Bitcoin. If you own any of these you should be divesting them (especially in the US during economic bubble highs) and making your portfolio more exclusively dedicated to the one and only true King.

Go sun your butthole and the cosmic truth will become clear to you my friends as your anus resonates in harmony with the universe.

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December 01, 2019, 03:06:36 AM

So here you go Lambie Slayer





Note I have requested these cards from a very kind person on the BTCT forum .... Just asked for some small details Tongue

credit to: Basorexia

*hope you guys can find yourself in those cards

Catching up on a lot of posts and see something new. WO never stops surprising me w something I never thought of.

Hopefully we get a Bargain Boyz card soon.  Cheesy

That's a fantasy of your own perverted imagination - a way that you wished the world to be rather than what it is.  Accordingly, if you want that you should realize that it is something that you must "get" for ur lil selfie.     Tongue  and share with the rest of us (less imaginative peeps), so we can witness how retarded you are with your ongoing playfulness.   Cheesy Cheesy Cheesy

STFU permabeartard  Wink Divest some of your other assets and buy more Bitcoin. Bargain Boyz have been far more correct than your wanna be sorcery attempts.  Cheesy


Oh my, lambie.  You are surely emotional recently.  

You might want to try focusing ur lil selfie rather than just making up shit in order to engage in some kind of lame strawman attempts that are not even based on facts or logic... furthermore, you are labelling me as a wannabe sorcerer, when that is specifically my criticism of you, you diversionary tactics dimwit.  I am criticizing you for being a wannabe sorcerer, so you proclaim that is what I am doing.   Roll Eyes Roll Eyes  Can you work on a bit more originality and accuracy in your insult attempts..?  Of course, you are trying to divert from yourself by engaging in a divergence attempt.  Roll Eyes

Regarding my system of buying, selling or hodling BTC, quite a while back, I found a balance that works well for me, and I believe that I have tailored such system to my own situation in a way that makes me quite comfortable.  So in that regard, I doubt that I need to make any large adjustments in terms of buying more BTC.

In fact, I probably have admitted previously what I perceive to be an overall dynamic in my BTC portfolio that causes me to continuously be a bit over-invested, and I kind of realized that I was over-invested in BTC since about mid-2015, but I also engaged in such over-investing on purpose, so that I don't feel bad when I sell a bit of BTC as the BTC price goes up which ended up (if it goes up) being a kind of justification hook for my authorizing myself to sell small amounts of BTC as the price goes up, and I won't feel bad about my skimming off those BTC to turn them into dollars.

Some folks who read my posts may have recognized that there can be inconsistencies with any of us attempting to find a BTC/fiat balance that is comfortable, so I have gone through times in which I made mistakes by not selling enough BTC on the way up and even doing the opposite of what I should be doing, such as buying BTC on the way up when I should be selling.

I have not been making those newbie emotional mistakes as frequently as I did in 2015/2016,  but I am NOT completely immuned from such doing the wrong thing and seemingly mistakes, either.

 My tentative conclusion remains that if anything I should sell more BTC on the way up.  

I have noticed that this cycle (referring to our drop from $19,666 to $3,122 and bounce thereafter), I have been selling way less BTC (as a percentage of my holdings) on the way up than I used to sell in the 2015 to 2017 uptrend, so I seem to be assuming that such a selling less practice allows me to have more BTC when the price finally goes up, which may or may not actually result in more BTC if the price does not shoot straight up, which surely it is not likely to do.  

Sometimes there could be needs to tweak whatever I am doing to allow me to sell more BTC then be able to buy more BTC on the way down with the proceeds from those sales - but I have already figured out that I am likely going to be just fine with the balancing of sales versus buys that I have already struck with myself in terms of how much fiat seems to end up stacking up when selling BTC on a regular basis on the way up, even when the BTC sell authorization amounts seem to be relatively small, and especially during periods that BTC's price is rushing upwardly without any meaningful correction(s).

So, there you go, Lambie, you fucktwat, an attempt from me to contextualize the situation and assert that there is no god-damned need for me to buy more BTC when I have more than enough.. and surely we can resume UPpity at any time, too.  Not that you care about actual facts, and just want to spout out some nonsense and suggest that WO participants should follow you and your purported smarter than everyone else posturings.

TLDR, wordyman scared of the Bargain Boyz being correct so often, but also too scared to buy more Bitcoin, so he types walls of texts to activate dopamine receptors via finger wellness therapy, LOL.  Cheesy

Biodom
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December 01, 2019, 03:20:53 AM

LS and JJG imagine that they are 'in it' like this:

https://youtu.be/iH5R4tgGdDk?t=100

Do we take JJG for Joker (for obvious reasons) and Animal Mother for LS...

In reality, it is more like this:

https://youtu.be/aq89D6PXkbc?t=16
Lambie Slayer
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December 01, 2019, 03:22:45 AM

Lets also not forget that tax loss harvesting was a huge contributor to the final capitulation bottom on December 15, 2018.

A lot of people bought into the mid year bubble and will have advantageous tax implications motivating them to harvest losses sometime this month.

The final Bargain is most likely nigh.

via Imgflip Meme Generator

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December 01, 2019, 03:28:45 AM

[edited out]

TLDR, wordyman scared of the Bargain Boyz being correct so often, but also too scared to buy more Bitcoin, so he types walls of texts to activate dopamine receptors via finger wellness therapy, LOL.  Cheesy

I thought that I would sent you a current snapshot selfie, just to make you feel self-righteously better (and maybe you won't feel so compelled to shout with boldenings?)    Cheesy Cheesy Cheesy Cheesy


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December 01, 2019, 03:30:44 AM

LS and JJG imagine that they are 'in it' like this:

https://youtu.be/iH5R4tgGdDk?t=100

Do we take JJG for Joker (for obvious reasons) and Animal Mother for LS...

In reality, it is more like this:

https://youtu.be/aq89D6PXkbc?t=16


https://www.worldstarhiphop.com/videos/video.php?v=wshh6Z9SpzO0Y2qb01UH This one is more fitting substitute for you weak video choice. Nice try though.
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December 01, 2019, 03:32:20 AM

[edited out]

TLDR, wordyman scared of the Bargain Boyz being correct so often, but also too scared to buy more Bitcoin, so he types walls of texts to activate dopamine receptors via finger wellness therapy, LOL.  Cheesy

I thought that I would sent you a current snapshot selfie, just to make you feel self-righteously better (and maybe you won't feel so compelled to shout with boldenings?)    Cheesy Cheesy Cheesy Cheesy




The bold in this instance is to draw the readers attention and save them from spending any time or energy on your text walls Wink
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December 01, 2019, 03:45:19 AM

[edited out]

The bold in this instance is to draw the readers attention and save them from spending any time or energy on your text walls Wink

Yep.  I have always learned that it is good to use bold or ALL CAPS for emphasis..... So, sure, you makes a lot of senses.   Wink
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December 01, 2019, 03:51:31 AM

[edited out]

The bold in this instance is to draw the readers attention and save them from spending any time or energy on your text walls Wink

Yep.  I have always learned that it is good to use bold or ALL CAPS for emphasis..... So, sure, you makes a lot of senses.   Wink

Did you switch to a short form ebonics mode algo? I must say I like this one, please keep operating it.  Wink
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December 01, 2019, 03:53:42 AM

-6% ... why?  Huh
People expected to close the month with a green monthly candle?  Huh I don't understand...
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December 01, 2019, 04:36:48 AM

-6% ... why?  Huh
People expected to close the month with a green monthly candle?  Huh I don't understand...


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December 01, 2019, 04:56:18 AM

-6% ... why?  Huh
People expected to close the month with a green monthly candle?  Huh I don't understand...




This poor guy, his boss made him print and organize all of JJG's posts.
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December 01, 2019, 04:58:39 AM

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