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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26382494 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. (174 posts by 3 users with 9 merit deleted.)
cygan
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January 27, 2021, 09:27:17 PM
Last edit: May 15, 2023, 06:05:28 PM by cygan


https://twitter.com/Bitcoin/status/1354534774262534144
https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-gold-cryptocurrency-singapore-b1793313.html
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1715571402
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OutOfMemory
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January 27, 2021, 09:44:58 PM

Bought this double dip twice. First one on rebound, second one closely around the obvious bottom (support level).  Cool

The price action of BTC is very boring. Though Bulls are defending 30K area of support which is very important to keep Bullish bias alive but if they fail then next support is 27K which I hope will not happen and Bulls will push up price to 35K after breaking out Descending Triangle.



https://www.tradingview.com/chart/BTCUSDT/5e81zFgM-BTC-USDT-Strong-Trendline-Resistance/

Looks like a "Rule of Five" event to me. One more touching the upper bound, bouce off resistance to new heights.
Could also trail the CME close on 29th of feb jan.

SureSir, You mean CME gap at $24,000 that is yet to filled?

FTFY
No "Sir" for me, thank you.

Didn't look into the numbers, but if it's so low, i don't think BTC will fall so deep. But we know what the honey badger tends to do: the unexpected.
I'm bullish, but anything can happen. Investors fond of CME futures contracts can get rekt too.
erre
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January 27, 2021, 09:57:19 PM

This is like the fourth time it bounces around 30 k, third time after the last ath.

At this point I'm not sure if the bouncing cat is dead or alive,  but the honey badger is still alive for sure and doesn't give a fuck about this bouncing around.
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January 27, 2021, 10:31:29 PM


Whatever point you are making seems like a muddled mess to me.  Who gives any shits what you said or may have said in 2018.. but what you are saying now, seems quite muddled.
 Cry Cry Cry

I wasn't talking about me... See the little quotes in the beginning of the thing, what I wrote? That's the stuff, which was written here in the WO Thread. The same stuff is mentioned yet.

Yes.... I already understood that, and it is hardly worth a comment.

Who gives any shits what posters in this thread said or may have said?

It hardly matters.

This is a place to share ideas, and each person has to come to their own investment decisions and strategies.  Sure they can get some ideas from other people in this thread and even share their own ideas.... which is what we have been doing here since 2018 and even earlier than that.


And the future will tell, if that's the same stuff from the beginning of the 2018. (all good, no worries, bla bla) Or if we are now, as you say in another situation.

There are very convincing and solid BTC price prediction models in existence including stock to flow, 4 year fractal and exponential s-curve adoption based on metcalfe principles and networking effects.  You can  give them whatever weight you like or come up with your own models, but seems to me that you are deviating from such models with your doom and gloom nonsense and trying to suggest there is some kind of negative issue (or pattern) in what folks were saying here in 2018 or to give any kind of credit to what appears to be a goofball, namely Alexander_Z.

But it's okay, to compare these 2 times, because after a massive gain of value (End of 2017) we go down again (like beginning of 2018).

Yeah of course, it is o.k. to compare the two times and have pretty decent chances of being wrong.

But don't worry about me. I buy the fucking dip. And bought on 3k and bought on 7k and bought on 9k all in 2020.

That's good that you are buying the dip....    Not that I was worried about you... we are sharing ideas, so whatever my responses are not just about you.. but responding to some of the seemingly vague doom and gloom, quasi-misleading and seemingly FUD spreading quality ideas that you had shared.

And bought and bought and bought. All the time. Except in 2018 (hehehe...) I sold a little amout to buy a new car for my dad. I know, not the best time to sell :/ But a promise is a promise!

Good that your system is working out for you.

And you are right, you have to prepare all the year long. Buy, if you can, always a little more. (always on dips!).

The situations of people are going to vary.. there are not too many people who might get rich off of bitcoin in just one cycle, and some people might take 3-4 cycles before they really start to feel rich or they start to feel that they can slow down on the accumulation phase of making sur that they have enough bitcoin.

I am mot really super surprised by any of the length of time matters, especially when it may have taken 30 - 40 years to get rich in traditional ways of investing and sometimes those traditional ways may not have led to success.. but there can be considerable probability that bitcoin might well allow for a cutting down on those kinds of timelines, maybe even cutting the time line in half or even lower than cutting it in half, perhaps.

But again, you have to understand, why people made this comaprisons. Same timeframe, same pattern (shortsighted) And I am very bullish to finally get some property in the end of the year. (as I mentioned, I am to impatient... Wink )

Seems like a bad comparison to me, so I wonder what benefits to continue to go on about nonsense comparisons that do not seem to fit this current situation, and likely there are real low ass chances of fitting, something like less than 5%, so it seems to just be a BIG ASS stupid and inappropriate comparison... at least in my thinking.

Thumps Up
https://twitter.com/100trillionUSD/status/1354465936045187078?s=19

We are on a good way...
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January 27, 2021, 10:43:36 PM
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Many dips today. Wonder what it means...

I'd rather see peaks
Dip I usually prefer
Only with nachos


#nomexican
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January 27, 2021, 10:48:26 PM

I'm not all that good with the TNA but isn't a double bottom good?
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January 27, 2021, 10:54:05 PM

I'm not all that good with the TNA but isn't a double bottom good?

Oh hell yeah!  Wink

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January 27, 2021, 10:55:19 PM

I'm not all that good with the TNA but isn't a double bottom good?

Most time it's indicating a trend reversal, but this wasn't really one (but close), in a timeframe that was too small.
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January 27, 2021, 10:57:20 PM

I'm not all that good with the TNA but isn't a double bottom good?

Most time it's indicating a trend reversal, but this wasn't really one (but close), in a timeframe that was too small.

It was more of a desperate plea for some pictures of butts.

And it worked.
JayJuanGee
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January 27, 2021, 11:39:04 PM
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I'm not all that good with the TNA but isn't a double bottom good?

Oh hell yeah!  Wink



It is difficult to know with any certainty.

Between  about early February 2018 and November 2018, we had tested support at $6k about 6 times (or was it 5 times), so many of us were starting to conclude that $6k-ish was pretty damned solid for support-  but in mid-November 2018, we found out that such support could be breached, and the BTC price could collapse nearly another 50% from there.. and to stay in mostly $3k to $4k price territories for about 4 months before bouncing back and clawing its way back above $6k after another month or two.

So, I am not going to proclaim any kind of support is solid - until maybe we are much above such support including that it is seeming quite likely that 4 digits are a thing of the past.. but $20k and sub $20k might seem difficult to reach but we could not proclaim sub $20k to be impossible to reach... now could we?
OutOfMemory
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January 27, 2021, 11:54:01 PM

I'm not all that good with the TNA but isn't a double bottom good?

Most time it's indicating a trend reversal, but this wasn't really one (but close), in a timeframe that was too small.

It was more of a desperate plea for some pictures of butts.

And it worked.

very welcome. a nice choice from serveria as well  Grin
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January 28, 2021, 12:13:58 AM
Last edit: January 28, 2021, 12:26:48 AM by d_eddie

WallStreetBets not on Reddit anymore.

We really need clear rules about access to these public platforms.

EDIT - My mistake. Not deplatformed: the admins made it private.

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January 28, 2021, 12:26:54 AM

This is like the fourth time it bounces around 30 k, third time after the last ath.

At this point I'm not sure if the bouncing cat is dead or alive,  but the honey badger is still alive for sure and doesn't give a fuck about this bouncing around.

Schrödinger's bouncing cat.
BobLawblaw
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January 28, 2021, 12:58:45 AM

It's all good. Take a look at the front of the bottom.

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January 28, 2021, 01:13:35 AM

It's all good. Take a look at the front of the bottom.



Nice 👍
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January 28, 2021, 01:57:02 AM

Miami Uploads Bitcoin White Paper to Municipal Website

Mayor Suarez once again pledged to turn Miami into a "hub for crypto innovation."

https://www.coindesk.com/miami-bitcoin-white-paper

CSW lawsuit incoming?
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January 28, 2021, 02:43:05 AM
Merited by vapourminer (1), JayJuanGee (1), Wekkel (1), d_eddie (1), somac. (1)

Big Ideas 2021.pdf from ARK Investment Management LLC

https://research.ark-invest.com/hubfs/1_Download_Files_ARK-Invest/White_Papers/ARK%E2%80%93Invest_BigIdeas_2021.pdf?hsCtaTracking=4e1a031b-7ed7-4fb2-929c-072267eda5fc%7Cee55057a-bc7b-441e-8b96-452ec1efe34c
Quote
1. Deep Learning 5
2. The Re-Invention of the Data Center 13
3. Virtual Worlds 21
4. Digital Wallets 28
5. Bitcoin’s Fundamentals 37
6. Bitcoin: Preparing For Institutions 44
7. Electric Vehicles (EVs) 51
8. Automation 58
9. Autonomous Ride-Hailing 65
10. Delivery Drones 72
11. Orbital Aerospace 78
12. 3D Printing 85
13. Long Read Sequencing 92
14. Multi-Cancer Screening 99
15. Cell and Gene Therapy: Generation 2

Quote
6. Bitcoin: Preparing For Institutions 44
bitcoin is the only major asset with consistently low correlations to traditional asset classes.

Based on daily returns across asset classes during the past 10 years, our analysis suggests that allocations to bitcoin should range from 2.55% when minimizing volatility to 6.55% when maximizing returns.

Based on ARK’s simulated portfolio allocations, institutional allocations between 2.5% and 6.5% could impact
bitcoin’s price by $200,000 to $500,000.


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January 28, 2021, 03:18:22 AM

Discord has banned the WallStreetBets server from its platform for 'hate speech'.

Hedge funds are scared losing money and now crying market for manipulation while they crashed the economy in the past.

This will only add more fuel to the fire.

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January 28, 2021, 03:35:27 AM

Finally got around to take some pictures of the hitch cover mine



First, the real thing.



Front



With cover/attachment thingy.



Closeup on the arrow, not very good, needs to be sanded and filled in.



Top.



Back







Yes you were right, not a very good print, but still the only one I could get





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January 28, 2021, 03:42:50 AM

Discord has banned the WallStreetBets server from its platform for 'hate speech'.

Hedge funds are scared losing money and now crying market for manipulation while they crashed the economy in the past.

This will only add more fuel to the fire.



Oboy, do I hope they do that.
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