Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[realr0ach]

fucking computers man

[JayJuanGee]

Interesting article on: Bitcoin’s natural long-term power-law corridor of growth

The model predicts that the price will move between the red support line and the blue top line. The purple robust fit / RANSAC line defines the center of the “normal mode”. The two past halvings as well as estimated future halvings have been marked with black vertical lines.

One of the interpretations:

A price of about $150 000 at the beginning of 2022, which is the next and fourth four-year period.
A price that is lower than $150 000 until mid-2028, which is in the sixth four-year period.

Source: https://medium.com/coinmonks/bitcoins-natural-long-term-power-law-corridor-of-growth-649d0e9b3c94

Actually, even though it seems that we may have already seen that article and that graph in September when the article came out, but it looks like there are possibilities that LFC could lose his bet... (that is new ATH is not reached before 2022) and BTC prices would still be within the
BTC price prediction power corridor.  Interesting... Interesting.

[JayJuanGee]

I mean if I was a betting man...  

We know that you are really a woman (or a cat), so there is that.

 

<<wallotext>>

Happitty New Years, WordyMan. And all you other louts, too.

Well, yes... happy new decade, as well.     Hopefully. you will get a new van soon.      

[Lauda]

Wake up, Lauda.  I think I got something to say to you.  It's early 2020 and digital scamcoins are no longer cool.  You dumped scamcoins all over the place.  Now millions of young Indian boys wish they never saw your face (and other things).  Oh, Lauda, can you stop trying to scam the entire country of India anymore?

What is my connection to India, other than you being a pajeet?

[dragonvslinux]

Always nice to see hash rate at new ATH 

[Gyrsur]

Well, yes... happy new decade, as well.

man, to be mathematical correct the new decade will start with 01-01-2021 in Gregorian calendar.

even the new millennium (and century) didn't start with 01-01-2000 but with 01-01-2001.

because year "Zero" does not exist. but off course the people which live around this time didn't called it 1 B.C.E / 1 C.E. or BC 1 / AD 1. that came later.  


      2 B.C.E.     1 B.C.E.      1 C.E.       2 C.E.
---|------------|------------|------------|------------|---
   Jan. 1       Jan. 1       Jan. 1       Jan. 1       Jan. 1


EDIT: attention conspiracy theory: therefore 9/11 was in 2001 not in 2000 because new millennium had to start with an event of a new dimension to produce results of new dimensions.

[Last of the V8s]

Could live with a big move

1) The chart depicts quarterly candles, and when I go to Tradingview.com, I can only get the charts therein to show a maximum of monthly candles, so those quarterly candles might be a feature that paid members get (I'm not a paid member, there).  Anyone know?
2)  The substantive assertion itself ("I'm pretty sure we're gonna bounce big time in the next 3-6 months") is saying something that seems to be fairly obvious, with the halvening coming in about 5 months.  
But, no outcome is any kind of actual "given" in bitcoin, even if such asserted outcome seems to have decent odds of happening.  
What kinds of odds would WO peeps give to this bounce assertion?   Greater than 50/50 odds?
What is "big time?"  Greater than $10k or greater than $13,880? Or greater than $19,666?  
I am thinking that a bounce of greater than $13,880 would be pretty BIG time, if it were to happen in the next 3-6 months?  Anyone differ in their thinking about what is a BIG bounce in our current BTC price dynamics framework?

1) yes, pay or get off the pot. https://uk.tradingview.com/gopro/?source=header_main_menu&feature=pricing

2)agree
c)agree
d)yes, for me 80/20
e)between the last 2 peaks you mention is big time for me
f)agree. could argue that anywhere lik 12k is massive...

[Last of the V8s]

fucking computers man

"Haha you villain, I am here to screw all your Apples till their cables shake and Shag your Vaxes raw! That will put your evil plans for world domination to bed!"

nah, won't sell with the youngsters jojo sorry

[Gyrsur]

V8 you are a dude from UK? all the time i was thinking you be a dude from the US maybe from a rude state like Texas or so.  

why the hack you don't like small titties then? 

[BitcoinGirl.Club]

Good morning WO!
Observing @ $ 7,137

ANN: Taking a break from gambling as the new year started bad for me in terms of gambling 🤪

[BitcoinGirl.Club]

Wake up, Lauda.  I think I got something to say to you.  It's early 2020 and digital scamcoins are no longer cool.  You dumped scamcoins all over the place.  Now millions of young Indian boys wish they never saw your face (and other things).  Oh, Lauda, can you stop trying to scam the entire country of India anymore?

What is my connection to India, other than you being a pajeet?

Lauda ⚖️ India
Did I get it right? 🤪

<<wallotext>>

Happitty New Years, WordyMan. And all you other louts, too.

Another wordy back.

Happy new year brother!

[unsoindovo]

Always nice to see hash rate at new ATH 

usually, it will turn in a price rise!
in the last days seems btc was accumulating around at 7150usd.
rsi has avalue of 50: read neutral.
macd and macd signal are matching.
Bollinger Band Width still reducing.
In a short time, the market will have to make a decision.... for sure

[dragonvslinux]

Always nice to see hash rate at new ATH 

usually, it will turn in a price rise!
in the last days seems btc was accumulating around at 7150usd.
rsi has avalue of 50: read neutral.
macd and macd signal are matching.
Bollinger Band Width still reducing.
In a short time, the market will have to make a decision.... for sure

True story, at least it brings about eventual turn around in price, even if it takes sometime. Bare in mind that from the $20K price peak, Bitcoin's hash-rate continued to be parabolic for another 10 months, before crashing at the end of 2018 (when price dropped to $3.1K), even if it was to a level higher than the $20K peak. My point is it's usually a matter of months rather than weeks before price follows suit. Regardless, on-chain data such as hash ribbons, as well as the energy oscillator, are signalling accumulation buying, even if it'll last for a while:

[d_eddie]

Does it mean "justice requires weapons"?  If so, it should be "armas".

 I don't think arma is a first declension noun.  I'm pretty sure it would follow the same declension (2nd) as bellum in the plural form (one of the only declensions I remember well from high school Latin)
The accusative pl. would be 'bella'.  I'm pretty sure the motto is fine the way it is.  I mean if I was a betting man... 

You're right, xhomerx10 and Arriemoller. I stand corrected.

It is actually a plural-only noun, neuter gender, second declension.
https://en.wiktionary.org/wiki/arma#Latin

[Last of the V8s]

oh god that little dweeb is back is he. things are rapidly going downhill round here

[P_Shep]

Does it mean "justice requires weapons"?  If so, it should be "armas".

 I don't think arma is a first declension noun.  I'm pretty sure it would follow the same declension (2nd) as bellum in the plural form (one of the only declensions I remember well from high school Latin)
The accusative pl. would be 'bella'.  I'm pretty sure the motto is fine the way it is.  I mean if I was a betting man... 

You're right, xhomerx10 and Arriemoller. I stand corrected.

It is actually a plural-only noun, neuter gender, second declension.
https://en.wiktionary.org/wiki/arma#Latin

[Gyrsur]

oh god that little dweeb is back is he. things are rapidly going downhill round here
https://i.imgur.com/vF0Gnay.gif

which county in UK is famous for their rude people? 

[supertee]

oh god that little dweeb is back is he. things are rapidly going downhill round here
https://i.imgur.com/vF0Gnay.gif

which county in UK is famous for their rude people? 

They are all rude over there...

[Gyrsur]

oh god that little dweeb is back is he. things are rapidly going downhill round here
https://i.imgur.com/vF0Gnay.gif

which county in UK is famous for their rude people?  

They are all rude over there...

now let's start WW2 again. 

[Last of the V8s]

and in other exasperating things, the first word of the greatest poem...



'arma virumque cano'
nothing has changed