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

[OutOfMemory]

oh no.

not $250.

I love it when you have a user on ignore but you don't remember why, so you expand one of their posts and immediately realize you made the correct decision

Perfectly resembles me feelings after clicking on show on the top of proudhonk's post.

Those were the days, buying multiple full coins every month.

At around that time i considered to buy some drugs on the darkweb for the first time, so i started to plan to get bitcoin.
Unfortunately, an old friend appeared out of nowhere, offering me a palette of substances, so i scratched that plan.
Fuck that dude, really  

[JayJuanGee]

I remember I read somewhere (can't remember where), that each halving causes around 7x BTC/USD price increase, and that there is a delay of around 6 months before said rise starts. Math & science was supposedly used to arrive at these figures, but I can't be certain.

Either 7x or 16x is fine by me.  

HoDL.

I would speculate that the math and science should show that the actual increases per cycle (arguably on 4-year bases) are going to be shrinking a bit with each of the 4 year cycles - even though we may get some portions of any cycle that might appear to (or actually) be outperforming previous cycles for short periods of time, but if we really zoom out and attempt to be honest with ourselves and the data, we should be able to recognize that there should be some amount of lessening in the amplitudes of subsequent cycles - even if there might be abnormalities at various points and even divergences within the data sets, too.

Michaël van de Poppe things cheap coins maybe available soon, the big January sell off, or does Santa deliver bargain 10k coins?
https://cointelegraph.com/news/why-a-30-bitcoin-price-crash-should-not-catch-you-off-guard-right-now

Lots of hopium there.

 

Of course, 30% crashes can happen at any time - yet sometimes peeps hopening and waiting for a 30% crash provides additional UPpity fuel - so do not neglect pee paring ur lil selfie for more UPpity, even if a correction could take place at any time (which is always the case, but does not necessarily become more likely merely because a lot of no coiners, fence-sitters, bitcoin naysayers, altcoin pumpeners and chart aficionados are wishing for such a correction).

assuming bitcoin does the same trick after each halving we can expect a top at 850k or a top at 200k?

imagine 2021 being the year covid was defeated and bitcoin mooning a few hundred k $ per coin. the whole world will turn into a big party.

Each halving has a smaller effect on coin creation, so don't expect this to be as big a rally as before. Breaking $200k would definitely change my life, so won't mind it at all if I'm wrong!

What a fuddy dud you are, Syke.  #nohomo

 

[vapourminer]

Update:

Life tells me it's Tuesday.

Body feels like it's Saturday.

feelsgoodman.gif

youre still typing ok. hasnt kicked in yet?

[nullius]

That's usually a proven sign of a multi-year downtrend top, so I expect another 2-3 years trend toward $250 or so. Excellent shorting opportunity if you know enough science and math.

Damn.  We are only 2–3 years from being done faffing about!  Confirmed science and maths say 🚀🌙.

Probably bounce around for years while generally moving down toward $1k.

Looks to me like the $1,000/btc and below price levels need more testing. I'm just telling ya'll the truth. I could see maybe bitcoin long term stable in the $200-$500 range after a lot of faffing about.

Once enough of the market accepts what's already confirmed, the dam will break and we'll continue our market back down toward $1,000, and then, of course, below that.

Go, proudhon, go!

[BobLawblaw]

youre still typing ok. hasnt kicked in yet?

No.

Sadly, I've unironically wanted to donate my body to science, upon my passing, but Rick strictly forbid it.

My tolerance for certain substances is otherworldly...

[OutOfMemory]

Update:

Life tells me it's Tuesday.

Body feels like it's Saturday.

feelsgoodman.gif

youre still typing ok. hasnt kicked in yet?

0,8mg won't kick in more like that.
But it's still enhancing normality. It's a nice, safe use of psychedelics.
Like a nip or two of a good wine, in contrast to emptying the glass at once  

[OutOfMemory]

youre still typing ok. hasnt kicked in yet?

No.

Sadly, I've unironically wanted to donate my body to science, upon my passing, but Rick strictly forbid it.

My tolerance for certain substances is otherworldly...

Ever considered ingesting huge amounts of pre-heated weed?
2-3 grams or so, heated in butter, then eat a slice of bread with that on it?
Be prepared to lie on the floor, not being able to move, all visible colors faded to greys, wondering about things most of the time.
It will possibly make you tired for days, because of that 18h half-life of THC, but the best answer to tolerance is adding weight  


EDIT: don't try this at home alone (unless you are Bob).

I have to leave now, read yours later!

[AlcoHoDL]

I think proudhon is a HoDLer. A big HoDLer. Bigger that the average WOer.

And he's laughing his freakin' pants off right now...

[OutOfMemory]

I think proudhon is a HoDLer. A big HoDLer. Bigger that the average WOer.

And he's laughing his freakin' pants off right now...

To be fair, i was thinking for quite a long time that R0ach was also kidding and secretly hodling cornbags.

[JayJuanGee]

[...]
I will be surprised if we are still ranging between $9k and $11k in the next couple of weeks and more so in a month, and even more surprised if that ranging were to play out for two months, given our current macro circumstances.  Up does seem slightly more likely than down.. maybe looking at 56.7/43.3 odds - but what do I know?  There surely are a lot of motivations for shaking a few trees of weak hands, and surely there are some folks who could be shooken.. especially if they are connected more broadly to some of the frothiness in the space... On the other hand, there are likely some shorts building, too, and could provide some incentive for them to get reckt, but will they?

Guess you are not surprised JJG. Any new insights?

hahahaha.. thanks for remind me about my lack of surprise... even though, I am not even sure if that is the right way of characterizing my status... because since September we could have broken down instead of breaking up, but in any event we find our lil selfies in a kind of UPpity.. which must feel good for several of us, including yours truly.... ... so maybe even feeling goooood... could be a kind of distance cousin to "not feeling surprised."  Perhaps?  Perhaps?

It seems to me that in early September we were looking at several posters proclaiming a kind of expectation - maybe even wishes that BTC prices would stabilize in that $9k to $11k range - and we have already seen time and time again, that our lil fiend continues to show that she does not want to stabilize - except for when she wants to stabilize.. and in spite of wishful expectations $9k to $11k does not really seem like a convenient place to be hanging out.. especially if you happen to be a paradigm shifting asset class, such as our lil buddy.  So, yeah, if some of us had not noticed, there happens to be a bit of an ongoing battle in terms of how far and how long the BTC price can be kept down.. and the wee bears seem to be losing such battle.. poor lil tinglies.  

Sure, it is NOT out of the question that BTC could enter into kinds of unexpected stabilization periods - because she sometimes does want to go down a path of less expected - but jesus, it has got to be tough to go down a path of stable prices under current macro dynamics - including the dynamics that the various BTC price prediction models should be informing those of us who have been studying (or watching) this space for several years.

So, yeah we did break past the $13,880 resistance area, and I was expecting one more resistance area in the sub $17,250 arena before entering no man's zone (or is it deadman's zone - which of course is that area between $17,250-ish and $23,500-ish)... So, whether we are currently verifying the strength of sub $17,250 resistance or if there will be a bit more bouncing around in this arguable resistance area seems to still be playing out.

In other words, I don't know hardly shit, except for having a few theories here and there that I like to spout out about from time to time.  

there is a new wordy man in the house 

Zzzzzzzzzzz.....

sucks to be me..., currently.

[somac.]

I think proudhon is a HoDLer. A big HoDLer. Bigger that the average WOer.

And he's laughing his freakin' pants off right now...

To be fair, i was thinking for quite a long time that R0ach was also kidding and secretly hodling cornbags.

Probably more effective then saying you lost it in a boating accident.

Perhaps, Mindrust didn't sell his stash either.

[600watt]

I think proudhon is a HoDLer. A big HoDLer. Bigger that the average WOer.

And he's laughing his freakin' pants off right now...

To be fair, i was thinking for quite a long time that R0ach was also kidding and secretly hodling cornbags.

Probably more effective then saying you lost it in a boating accident.

Perhaps, Mindrust didn't sell his stash either.

you still got any? I traded all my bitcoin for electroneum and never regretted it. they promise mining on mobile phones. let that sink in. 

[JimboToronto]

I think proudhon is a HoDLer. A big HoDLer. Bigger that the average WOer.

And he's laughing his freakin' pants off right now...

To be fair, i was thinking for quite a long time that R0ach was also kidding and secretly hodling cornbags.

Probably more effective then saying you lost it in a boating accident.

Perhaps, Mindrust didn't sell his stash either.

How many early adopters sold too much too cheap and don't want to admit they're no-coiners now? Keeping up a facade.

How many prudent latecomers have already had boating accidents? Living happily ever after. Laying low.

[El duderino_]

ladies and gentlemen. we are back in the top 20 of highest daily prices.


https://bitcointalk.org/index.php?topic=138109.msg55558514#msg55558514

That's usually a proven sign of a multi-year downtrend top, so I expect another 2-3 years trend toward $250 or so. Excellent shorting opportunity if you know enough science and math.

Love you !!!!

One day, we will have a White Russian on our 250-ish party










250K-ish

[nutildah]

0,8mg won't kick in more like that.
But it's still enhancing normality. It's a nice, safe use of psychedelics.

One time during my college days I was asked to hold a 1 lb bag of shrooms for a friend, which was indeed an entire garbage bag packed to the brim with dried stems and caps. My reward was 1 oz from said bag, and for a while I indeed became overly irresponsible with my usage. At one point we even tried to make shroom beer using a beer making kit I got for my birthday. It was awful as the shrooms rot in a particularly foul way, contaminating the beer with stink and making the whole concoction undrinkable.

After a month or so of microdosing before going to work at a psychiatric ward every day, I decided to blend up 7 gs with some orange juice in a blender, as I heard OJ helps to deliver the psilocybin past your blood brain barrier faster. I started painting as was my hobby at the time and for some reason became increasingly agitated, choosing a deep, dark red as my color of choice. My roommate started to freak out at my painting, which made me freak out, and soon after I started having a panic attack.

I called a friend who I knew had been prescribed antipsychotics and insisted he drive 20 miles or so to bring me one so I could get out of my state of panic. Dread closed in around me, my heart was beating super fast, and then I convinced myself I was having a heart attack. Then the strangest thing happened: I convinced myself I died, and then everything got better.

It was the second time I had experienced ego death; this time around was massively more unpleasant than the first. Then my friend showed up, delighted that I hadn't done anything (else) incredibly stupid. I asked him if he brought his pills, and he said, "Well that's the whole reason for me coming out here right?" I ended up not taking it as everything turned out to be alright. Still to this day I never tried an antipsychotic, one of the few categories of brain drugs I've just never touched (along with mood stabilizers).

[vapourminer]

Update:

Life tells me it's Tuesday.

Body feels like it's Saturday.

feelsgoodman.gif

youre still typing ok. hasnt kicked in yet?

0,8mg won't kick in more like that.
But it's still enhancing normality. It's a nice, safe use of psychedelics.
Like a nip or two of a good wine, in contrast to emptying the glass at once 

thanks. not up speed on that dosage stuff, been a lot of years since my lsd/mescalin days. back then it was just hits of lsd or tabs of mesc. no idea what the potency was, we just found out through the grapevine stuff like 3 hits or 2 tabs etc for a good trip.

lsd:  4 out of 5 stars, would recommend. although not sure how the 2020 vintage lsd trips would be

[explorer]

Update:

Life tells me it's Tuesday.

Body feels like it's Saturday.

feelsgoodman.gif

Just don't undress and dance into rick's office, will you? 

Or do, and report back 

Much +WOsMerit  here today.  Little time.  Go WO Go 

[sirazimuth]

Now, to anyone who has ever read any of my posts ....
.....

no comment... lol

0,8mg won't kick in more like that.
But it's still enhancing normality. It's a nice, safe use of psychedelics.

<recreational drugs story>

Goddamn!! I was about to post a recreational drug story(s), but then I thought better of it.
I'd have to condense it down to like 20 pages and then I'd be the new wordy man the 3rd...... Naaah frick that....
I'll self publish a book on Amazon instead...

[nutildah]

Goddamn!! I was about to post a recreational drug story(s), but then I thought better of it.
I'd have to condense it down to like 20 pages and then I'd be the new wordy man the 3rd...... Naaah frick that....
I'll self publish a book on Amazon instead...

It was as short as I could make it and still do it justice. There are plenty of intricate details untouched. I did stop and consider the potential ramifications, but they're really aren't any, at least not to be had by people whose opinions I value.

[strawbs]

Ah, all this talk of microdosing. Haven't done it for a little while, mainly because I like to go for a wander in the forest at the same time, and the chilly autumnal weather hasn't been condusive to slowly wandering and wondering outside. Maybe tomorrow, or Thursday when the weather is forecast to be more pleasant.

It's also nice to enjoy the resulting hyperfocus - I always end up completing so many little jobs that I hadn't been inclined to get around to.

Also great to see that one of the US states (was it Oregon?) seems to have voted to open the doors to researching psilocybin for medicinal use. Anyone who has ever microdosed will be able to confirm that this is a hugely beneficial step forward.

Meanwhile, here it's still illegal to allow nature to grow a cannabis plant in your garden  (for now, at least....)