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

[El duderino_]

$7750

Attack on $8000?

Busy.... as the dude was for the last 40-ish minutes  

High five!

Ready to HODLsleep .....  and no blue nuts for me

[JayJuanGee]

That guy's rep will either be raised to guru status or he'll be completely humiliated, it all depends on this next halving. I understand why he doesn't use his real name, same reason most here don't probably, but it doesn't help his credibility when trying to publish scientific articles. This is the kind of stuff that needs to be peer reviewed. And leave off the price predictions. That said, it sure is a fun bit of hopium and it's hard not to get excited thinking about it.

I doubt that it is a do or die scenario...

The model has already contributed to the space, but it is not exactly created from scratch, but instead builds on the work of others, including building on the work in the bitcoin standard, which was also far from original work.  We had models like this from the beginning and they are being tweaked and improved upon on a regular basis, and no model is going to be 100% accurate in terms of predicting the future even though it can attempt to be accurate in showing and explaining the past.

So ultimately any model, whether talking about stock to flow or other variations can be used for descriptive, explanatory and predictive purposes and it tends to be good to adjust them based on new data.... for example, if some exogenous factors play out, then maybe the model will need to be shifted up or down in order to account for some factors that were a bit beyond either past experiences or expectations.  

His work has been reviewed by a lot of people including some mathematics oriented people, and I believe that I even posted a link to a podcast interview with one guy who spent a great amount of time trying to prove the model to be wrong..... I can look for that link, if you are interested.. I think it was on the Stephan Livera podcast, but it may have been a different one.

Edit:

I found the podcast with Stephen Livera that happened on March 3.. with Nick

https://overcast.fm/+OBZlI-5Nk

Then I found another interview with Pomp and PlanB on March 10

https://overcast.fm/+OWGw1d81w

[Biodom]

A game...PlanB suggests that btc will be at around $288K somewhere between 2020 and 2024, maybe more later, but let's focus on the $288K number.
Considering that it WOULD happen, what would be the $$ amount that you might accept right now for, say, 20% of your btc without the ability to re-buy btc or other crypto again until at least 2 years later (this condition is needed for an obvious reason):
a. 30K
b. 60K
c. 100K
d. 150K
e. 288K (that would be unrealistic, but, whatever)

My choice:
c. 100K

[Ibian]

Anybody watching the "Westworld"?
At first, liked the third season better than the second, but now kind of lost the plot again with all those alt realities, all powerful AIs, etc, etc.
You cannot say who is who anymore and where they're really at, which kind of makes the plot either meaningless or too complex.
Aaron Paul and a few ladies (Wood, Newton, Thompson) look sharp, but the script is weak, IMHO.

...btc is unaffected, but it is kind of boring in the last 24hr.

It was great until they decided to center the entire show around the feminist bots. Kind of like game of thrones, except they tanked way earlier in the show.

AI bots is a crapshoot anyway. Better to build catgirls.

[Ibian]

A game...PlanB suggests that btc will be at around $288K somewhere between 2020 and 2024, maybe more later, but let's focus on the $288K number.
Considering that it WOULD happen, what would be the $$ amount that you might accept right now for, say, 20% your btc without the ability to re-buy btc or other crypto again until at least 2 years later (this condition is needed for an obvious reason):
a. 30K
b. 60K
c. 100K
c. 150K
d. 288K (that would be unrealistic, but, whatever)

My choice:
c. 100K

I only hodl a mere hundredth of a corn. I will reluctantly sell it for a mere 30k. This is a good deal as you can see, surely.

[JayJuanGee]

can I share my Technical Analysis on crypto currency. I hope that It will be interesting and beneficial for all.

No.

[Hueristic]

^^ Loved the first season, after that meh...

Possible but I thought I saw people posting tweets fro him 6 months ago saying it was priced in.

I may be wrong, my memory is not the best these days.

Its not fair sir..
Hold your ground for at least 2-3 replies... otherwise its no fun  

Hah, yeah the true translation is that I'm just to lazy to go back and try to find those tweets.
I'm pretty sure they exist.

[JimboToronto]

can I share my Technical Analysis on crypto currency. I hope that It will be interesting and beneficial for all.

There's a place to discuss crypto currency speculation:

https://bitcointalk.org/index.php?board=224.0

Around here we discuss Bitcoin, not "crypto".

[Hueristic]

Anybody watching the "Westworld"?
At first, liked the third season better than the second, but now kind of lost the plot again with all those alt realities, all powerful AIs, etc, etc.
You cannot say who is who anymore and where they're really at, which kind of makes the plot either meaningless or too complex.
Aaron Paul and a few ladies (Wood, Newton, Thompson) look sharp, but the script is weak, IMHO.

...btc is unaffected, but it is kind of boring in the last 24hr.

Loved the first season, liked the second season and am persevering through the third.

[strawbs]

can I share my Technical Analysis on crypto currency. I hope that It will be interesting and beneficial for all.

Please don't

[Elwar]

I have friends asking how to convert money from their IRA to bitcoin.

Is this possible yet?

[Biodom]

I have friends asking how to convert money from their IRA to bitcoin.

Is this possible yet?

Possible, not easy.
You have to open self-derected IRA, like bitcoinira.com or bitira.com, then do funds rollover, then buy btc.
As far as I know, they have high annual fees.
In the rest of IRAs GBTC is probably the only choice.
I know, not a real bitcoin in the same way as GLD is not real gold.

[Searing]

A game...PlanB suggests that btc will be at around $288K somewhere between 2020 and 2024, maybe more later, but let's focus on the $288K number.
Considering that it WOULD happen, what would be the $$ amount that you might accept right now for, say, 20% of your btc without the ability to re-buy btc or other crypto again until at least 2 years later (this condition is needed for an obvious reason):
a. 30K
b. 60K
c. 100K
d. 150K
e. 288K (that would be unrealistic, but, whatever)

My choice:
c. 100K

It seems that with my hoard that would be in 'trophy girlfriend' territory...the direct relationship of price per BTC vers USD vs my old BTC fart's attractiveness,

thus using the above my cracking point would 'probably' be in this ballpark if some potential gold digger was in the class of such below:



So re-looking at above ...considering what I'd have to sell to keep myself attractive and for 'trophy girlfriend spending maintenance' for such.

I'd probably crack and sell 20% at $150k (I'm not too pretty...so thus the high BTC price...those $$$ would hurt)

I'm a weak, weak, and easily deluded fool...indeed. But on the other hand, do know my 'breaking' point.

[Toxic2040]

No.

Please don't

ffs...we need to lure them into the pool before the feeding frenzy starts     new victims......i mean new potential recruits, dont just show up everyday...willingly 

[JayJuanGee]

No.

Please don't

ffs...we need to lure them into the pool before the feeding frenzy starts     new victims......i mean new potential recruits, dont just show up everyday...willingly 

My thoughts might be different from strawbs - because I remain skeptical about asking for permission, and I am thinking that the more successful of WO hatters, whether newbies or oldbies, is just doing it, - they are not asking - like some pussy... not going to mention any names, or provide images for that. 

 

[d_eddie]

Come on guys, don't be nasty 

[Globb0]

How many times you get this?



However, at the end I could not make it to the top four.

Does 9 10 j q k   beat that ?

[Spaceman_Spiff_Original]

How many times you get this?
However, at the end I could not make it to the top four.

Does 9 10 j q k   beat that ?

hells no

[JimboToronto]

No.

Please don't

ffs...we need to lure them into the pool before the feeding frenzy starts     new victims......i mean new potential recruits, dont just show up everyday...willingly  

My main beef was two-fold... "crypto" and TA.

If he wants to discuss the finer points of Elliott Waves in KanyeKoin, BSV, or Dogecoin, he should do it elsewhere.

Wall Observer isn't about "crypto" and TA. It's about Bitcoin and T&A.

[JayJuanGee]

How many times you get this?
However, at the end I could not make it to the top four.

Does 9 10 j q k   beat that ?

hells no

In this case, the suits are wrong, but a straight flush does beat four of a kind.  A regular straight does not beat four of a kind.

No.

Please don't

ffs...we need to lure them into the pool before the feeding frenzy starts     new victims......i mean new potential recruits, dont just show up everyday...willingly 

My main beef was two-fold... "crypto" and TA.

If he wants to discuss the finer points of Elliott Waves in KanyeKoin or Dogecoin, he should do it elsewhere.

Wall Observer isn't about "crypto" and TA. It's about Bitcoin and T&A.

That too.