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

[cAPSLOCK]

It’s that time in the cycle again, right?

 

Indeed so.  And it's worse this time... wonder what that means?

[Biodom]

It’s that time in the cycle again, right?

 

Indeed so.  And it's worse this time... wonder what that means?

we are about to see aliens?  

[cAPSLOCK]

I am going to have to solicit batman, spiderman, some ficticious avatar, or maybe even vegeta (himself/herself) to slap ur lil selfie (aka smartass), at some point based on your seeminlyg false alarmenings of the WO thread members regarding bare minimum vegeta requirements.  




 

You know nothing Juan Snow..


If you look closely at the first image and at the lagging span it looks like a polar bear head pointing downwards..hence the play on words about a bear poking hes/her head over the side of a boat. The second image has the candles coming from the top of the cloud to the bottom..hence jump the hedge..

Not all that alarming imo so bring it on...rawr!

Merit for "You know nothing Juan Snow".  Lol.

[JayJuanGee]

I am going to have to solicit batman, spiderman, some ficticious avatar, or maybe even vegeta (himself/herself) to slap ur lil selfie (aka smartass), at some point based on your seeminlyg false alarmenings of the WO thread members regarding bare minimum vegeta requirements.  




 

You know nothing Juan Snow..


If you look closely at the first image and at the lagging span it looks like a polar bear head pointing downwards..hence the play on words about a bear poking hes/her head over the side of a boat. The second image has the candles coming from the top of the cloud to the bottom..hence jump the hedge..

Not all that alarming imo so bring it on...rawr!

Hey.... to be less cryptic.. mr visionary (I mean avatar with LARGE imagination).. what I be trying to say, is that you cannot be employing Vegeta if we have NOT even gone below $9k (at least, so far... hopefully, I am not jinxing this bad boy?). 

I am going to have to solicit batman, spiderman, some ficticious avatar, or maybe even vegeta (himself/herself) to slap ur lil selfie (aka smartass), at some point based on your seeminlyg false alarmenings of the WO thread members regarding bare minimum vegeta requirements.  




 

You know nothing Juan Snow..


If you look closely at the first image and at the lagging span it looks like a polar bear head pointing downwards..hence the play on words about a bear poking hes/her head over the side of a boat. The second image has the candles coming from the top of the cloud to the bottom..hence jump the hedge..

Not all that alarming imo so bring it on...rawr!

Merit for "You know nothing Juan Snow".  Lol.

You are not going to get any argument from me.  I nearly fell off my chair reading that.

[Icygreen]

I’ve tried it all but I’m old school and still think smoking flower is the way to go. I don’t even mind cotton mouth or coughing for 5 min because I held my breath too long. When I say old school I mean I’m fucking older than dirt. Currently my main pastime is looking up how many of my favorite entertainers are dead. I almost cried when David Bowie died. I saw him in concert over 30 times. I’m embarrassed to say how many times I’ve seen Rush perform and now Neil Peart is dead. No chance of a reunion concert for Rush now. LOL I smoked my first bud of Columbian gold in 1975 while watching Chevy Chase on SNL. I bet I made hash brownies before you were born. Extracts are fine and most of the peeps I know vape but it’s not for me.

Older than dirt? What does that make me? You reminisce about Bowie and Rush concerts. For me it was the Beatles and early Grateful dead.

I agree about bud, mostly. My only exception is high-quality hashish. I don't mean some lame Nederhash or bubble hash made from high-THC hydroponic buds. I mean hand-rubbed Nepalese, Kashmiri, or Indian or heat-processed sifted Afghani (preferably Mazar-i-sharif) or Lebanese (Beqaa Valley) from landrace plants, with enough CBD to balance out the THC and give a nice relaxing, happy high. I can even enjoy a better-grade Jamaican gum.

Coughing for 5 minutes? I agree. You've gotta cough to get off. My days of pipes, bongs, vapes, bottle tokes and hot knives are definitely over. I prefer a well-rolled single-paper joint. Weed should be medium chopped with scissors. Budbusters suck. Hash should be lightly heated and crumbled with a small amount of the mildest tobacco. I quit smoking cigarettes 35 years ago but I didn't stop using a little tobacco in my hash doobs.

I don't like eating weed or hash. It makes me sleepy and it's easy to miscalculate doses. The only thing I eat is CBD oil (THC-free) which I use sub-lingually in Mexico to keep my CBD levels up. Cannabis is still illegal here but I can legally buy imported CBD oil.


Back in the day, I used to love the acetylated isomerized honey oil that made you close to psychotic on a pinhead-sized droplet. Now I've put that behind me just like milligram acid doses or peyote doses measured in ounces. Time moves on.

Ok, I’ve learned two things about you. You are an old fucker like me and a connoisseur of the finest herb. I’m not too young for the Beatles or the Grateful Dead I just never liked them (sorry, I know if you’re a deadhead you now want to do me physical harm, lol).

I got hold of some blond Lebanese hash in the 70s and don’t remember two months of my life. I passed out in a park in Downtown Orlando, Florida and woke up in Montgomery, Alabama two days later. You really need to move to a place where herb is legal. It’s an awesome experience to walk into a store and choose to sample from a selection of some great Sativa, Indica or hybrid flowers. They sell handrolls at a shop near me that are nearly an 1/8th and only cost $20. I haven’t heard anyone talk about pinhead T in 40 years. You are old as fuck. LOL

Didn't understand the physical harm part but man, what I'd do for another dead show followed by a 2 week rainbow gathering.  Not as old as you guys but I still lament the passing of these great icons and some of the free-est times I remember. As least we drugs won the war on drugs  
That still makes me happy. Happy solstice.

Time for yet another off topic post and a mid summers' garden of weeden check up.  Bitcoin may not be moving much these days but things have never looked greener! No more red in sight.  The sunflowers still haven't opened, 2 weeks more at most.
You know what comes after a long summer of literal vegetative sideways growth....  Slowly at first and then.. POP!   

[JayJuanGee]

[...]
Did anyone notice WO is awfully quiet? What is happening?

The WO might have forked and we are unknowingly on the minority chain. It might as well just be JJG taking a little break.  

I am back now, and stirring up shit...

sorry

bout

dat.

Benzos  

You and Mic can go sodomize yourselves with the same length of rusted pipe going around, you retarded fucks.

This is an absolute repugnant asshole comment meant nothing more as a pointed jab, rooted in complete ignorance.

It's almost like you guys are pretending I'm a different person or something right now.

I'm still the same old Bob.

?? So.... ?? What did I have done wrong??

You did not suck dick forcefully and passionately enough.

You fucker!!!!  (#nohomo)


hahahahahahaha

I cannot follow bob atm...

Not surprising.

You're so vain.
I bet you think that song is about you ?

Don't you ?

And to think I came so close to revealing myself to you back on that other thing before V8 went fulltard.

I am trying to remember when V8 when fulltard.... hahahaha

I remember V8 lost a bet against hairy... hahahahahahaha.. sucks to be v8.    

JSRAW sealed the deal :-)

Is he a Legendary now?

No he is still Hero Member. Icygreen is Legendary now.

Congrats Icy.

When was the last time we were this  quiet?

Yeah, congrats to Icygreen, on rising through the WO ranks!

Very quiet indeed. It does feel that something has changed... Only one force can remedy this stagnation, and that force is Bitcoin. A pump to $10k+ would surely liven up the place. Not to mention $20k+...

HoDL strong brothers. It will come.

Just be positive, and that positivity will come back to you 100% guaranteed. Sounds so cliché, I know, but it's true and it works -- whenever you have a bad argument with someone, or break up a friendship, just ask yourself if you ever were even a tiny bit unfair or did something wrong. If the answer is Yes and/or you've had a rough sleep the night after the incident, just call that person the next morning, meet up and hug him/her. If he/she doesn't want to do it, fair enough, you move on with your life. But that second chance after things have cooled off is essential. Speaking from experience.

And, sometimes you have given that person enough chances, and when they continue to be in a "bridge burning" mood, you have to let that other person go, at some point.  No more chances.  

I am disappointed in you Bob.

I'm disappointed with a lot of you.

The feeling is mutual.

You are welcome to ignore me or request to have infofront delete all my posts, and have me banned from these forums if your little "Fight Club" is such holy and hallowed grounds.

That banning, suspending and/or deleting seeming like increasingly a likelihood.  Hate filled trolls, even if they are hating themselves, are likely not very much appreciated by too many folks who are trying to come to this thread in order to interact about king daddy and related topics... rather than with increasingly outrageous drama-filled-queens.

Looks like he is gone; thus, poor one out for our homie bob.

Sanity slowly returns to the Wall as we mourn the fallen.

Carry on.

ToxicMoxic beat me too it, again....  

-1 WO 

[bitebits]

https://twitter.com/erikvoorhees/status/1284968530673307648

The properties of money are widely cited: durability, portability, divisibility, uniformity, scarcity, and verifiability. #Bitcoin  emerged, and added a new property no prior money ever held: immutability.  With this, it has a fair chance of becoming the base-layer money of Earth.

[AlcoHoDL]

[...]

[...]

Just be positive, and that positivity will come back to you 100% guaranteed. Sounds so cliché, I know, but it's true and it works -- whenever you have a bad argument with someone, or break up a friendship, just ask yourself if you ever were even a tiny bit unfair or did something wrong. If the answer is Yes and/or you've had a rough sleep the night after the incident, just call that person the next morning, meet up and hug him/her. If he/she doesn't want to do it, fair enough, you move on with your life. But that second chance after things have cooled off is essential. Speaking from experience.

And, sometimes you have given that person enough chances, and when they continue to be in a "bridge burning" mood, you have to let that other person go, at some point.  No more chances.  

[...]

Absolutely correct!

[kellrobinson]

Since bitcoin has probably not reached its logistic inflection point yet, the results of a logistic regression are bound to be a crapshoot.
$10 million is about as good a guess as any other.
Here's a link to the equation that the regression calculator returned for my data
https://cdn.mathpix.com/snip/images/xJ-Ks3hpZ0PB2dqkwFNkk9bHFi45RXJpZund7Ase0ds.rendered.fullsize.png
You can manipulate the parameters to get the curve you want.
The calculator I used: https://www.aatbio.com/tools/four-parameter-logistic-4pl-curve-regression-online-calculator

You need to look at the logistic curve on a linear chart to see the familiar symmetrical "sigmoid" shape with the inflection point at center.
The curve's appearance is deceptive on a log chart.  That log chart makes it look like the inflection point happened several years ago.
The inflection point of the logistic curve I posted is actually in April 2029.

+1 WOsMerit

Glad you like my pictures.
Illustrative chart of the logistic, don't take at face value numerically.  Shows how the linear chart typically squashes data in the lower orders of magnitude.  You can barely see the price data in red.  And you can see how unreliable an extrapolation that extends orders of magnitude beyond the data.



This curve-fitting exercise comparing the logistic and polynomial models does have some value if you don't take it too far, or too literally.  At least, it directs one's attention at the long term.
I didn't curve-fit the stock to flow model, which paints an unrealistic picture in the long run.  And I don't bother with models that put time on a log scale, which is nonsensical.

Of course, time is logarithmic, but it doesn't start on January 3, 2009.  It started 14 billion years ago, which means that for all practical purposes time is linear in our lives and for millions of years before and after.
http://www.turbulence-online.com/Publications/log_time_cosmology_final_printed.pdf

[JayJuanGee]

Since bitcoin has probably not reached its logistic inflection point yet, the results of a logistic regression are bound to be a crapshoot.
$10 million is about as good a guess as any other.
Here's a link to the equation that the regression calculator returned for my data
https://cdn.mathpix.com/snip/images/xJ-Ks3hpZ0PB2dqkwFNkk9bHFi45RXJpZund7Ase0ds.rendered.fullsize.png
You can manipulate the parameters to get the curve you want.
The calculator I used: https://www.aatbio.com/tools/four-parameter-logistic-4pl-curve-regression-online-calculator

You need to look at the logistic curve on a linear chart to see the familiar symmetrical "sigmoid" shape with the inflection point at center.
The curve's appearance is deceptive on a log chart.  That log chart makes it look like the inflection point happened several years ago.
The inflection point of the logistic curve I posted is actually in April 2029.

+1 WOsMerit

Glad you like my pictures.
Illustrative chart of the logistic, don't take at face value numerically.  Shows how the linear chart typically squashes data in the lower orders of magnitude.  You can barely see the price data in red.  And you can see how unreliable an extrapolation that extends orders of magnitude beyond the data.



This curve-fitting exercise comparing the logistic and polynomial models does have some value if you don't take it too far, or too literally.  At least, it directs one's attention at the long term.
I didn't curve-fit the stock to flow model, which paints an unrealistic picture in the long run.  And I don't bother with models that put time on a log scale, which is nonsensical.

Of course, time is logarithmic, but it doesn't start on January 3, 2009.  It started 14 billion years ago, which means that for all practical purposes time is linear in our lives and for millions of years before and after.
http://www.turbulence-online.com/Publications/log_time_cosmology_final_printed.pdf

Even though you are asserting a 14 billion year timeline, any kind of specific new invention that has paradigm shifting attributes is going to see a curve that is a lot more tightly packed, including the fact that some inventions might have births and deaths that are on very short time horizons, and for the sake of us mere mortal humans, we can live, and prosper, before we die by picking the right horses during our short time here.

We are going to lose some of the picture, even when we talk about time periods that are longer than 20 years, even if we might make some investment decisions for longer time periods, we can also change our investment allotments during shorter time horizons, even make substantial changes every few years, even if we might have some assets that kind of end up being killer all life performers that we might not have expected to be so in the beginning of our investment lives, whether we start investing when we are teenagers or in our twenties or thirties, but even with that if we did not have parents to really guide us with those kinds of choices, we might be stuck with some of our investment choices, too in terms of longer (lifelong) implications that we did not realize when we started down the road of investing our time and/or money in such direction.

[Heater]

Bitcoin trading in such a tight range for so long must be a real PIA for the traders.

I see many posts predicting a dramatic breakout to the upside and I blame the S2F model for the groupthink. Bitcoin always seems to find a way to surprise everyone and cause maximum carnage. Things do look bullish, maybe the time isn't right? Who knows.

Anyhow, I've been reading this thread for almost 7 years. 7 years! People come and go. We have had (and still have) our fair share of trolls, spammers, shit coiners, and arseholes. I really wish they'd all just f-off, but instead, I block them until they drop-off. Joffe and roach come to mind....

Every now and then we get a few newbies who are intelligent, thoughtful, and articulate - they're the people that keep it interesting in here. It's sad when they leave but life goes on.

Bob - thanks for your posts and know you will be missed. I'm playing a long game and will be hanging around a bit more.

[bitebits]

https://btc.com/stats/diff

Halfway into the two weeks difficulty period. Next difficulty adjustment expected to be +6% and ATH. The Bitcoin network is in top notch conduction, bullish!

Next difficulty adjustment in 24 blocks. Expected +9.5% to 17.29T, which is an All Time High (previous ATH was 16.55T around the halving).

Bitcoin boring or bearish? Far from!

Halfway into the next two week difficulty period and another +6.37% estimated towards a new ATH of 18.45T.

Fundamentals solid, miners extremely bullish. This is per two weeks (!), mind blowing considering the current already beyond imagination hashes per second.

Look beyond the current price and you need to wear .

[serveria.com]

Bob - thanks for your posts and know you will be missed. I'm playing a long game and will be hanging around a bit more.

I hope you understand a piece of rusty pipe is now dangerously close to your anus? 

[nutildah]

mind blowing considering the current already beyond imagination hashes per second.

True... other than bitcoin, the only time those types of numbers ever come into play are calculating the number of atoms in things or the distances between stars.

[LFC_Bitcoin]

@cryptosommelier
It looks like bitcoin is right on schedule




Better image -

[BobLawblaw]

...

[LFC_Bitcoin]

...

Expect a price move then surely.....

@MrSurfvivor
Gonna blow 🌋 #Bitcoin 

[BobLawblaw]

[BobLawblaw]

This may likely be the last text post I make on this site.

Going to make an attempt to just post relevant market information without any comment. No more meming. Increased my ignore list, as an unfortunate side effect of everything that has gone on, after much self-reflection. Really have no desire to interact with people here any more, but recognize the thread has its place of importance in the Bitcoin sphere, with regards to staying on top of news.

Hope I'm able, at the very least, to share what I see happening on Twitter.

Good or Bad. Draw your own conclusions sorta thing.

[sirazimuth]

<merit dump>
Well that was unexpected and generous.
Thank you kindly, Bob. I will endeavor to pay forward to worthy posts.
Cheers and good luck.