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

[JayJuanGee]

I don't even think we are in a bull run, this is just the basement level of people/businesses waking up and somewhat understanding.. A pump - sure, a bull run? Call me when the masses are getting in and not just a handful of companies are securing their positions.

This time is surely different than any other time (but then again, is it?) - Only way is up, crash doesn't have to happen.

Regarding your crash does not have to happen statement. 

What happens if BTC prices were to go up to somewhere in the ballpark of $500k to $750k by then end of 2021... or alternatively up to $1 million to $1.5 million by the first or even the second quarter of 2022?  Either of those scenarios could play out like a kind of s-curve (or is it called hockey stick?) type shape in which the front of the curve is playing out more slowly and then the last month or two end up having a lot of UPpity, including a possible doubling in the last month, which seems to be a sign of unsustainability and historically variations of those kinds of patterns have happened.. which largely means that when the momentum starts going in the other direction, the Michael Saylors and the other folks who had said that they have been willing to buy the bottom, do not add up to enough folks to keep the bottom from falling out.. and we end up getting corrections of greater than 50% and even get stuck down there for a decent amount of time that might take one or two years to play out..

Yeah, sure it is possible that it might not happen as severely or even stay down as long (even though there hardly seems to be any reason why it should not), there still seems to be a lot of likelihood of a decent amount of shakening out of weak hands including those that fear falling out of profits and those who just are lacking in confidence in BTC fundamentals...

In other words, I doubt that there is any compelling facts or developments in bitcoinlandia (besides the players being BIGGER which is nothing except what inevitably should be happening anyhow) to really justify that this time is really different until such scenario actually ends up playing out, and I am not even suggesting NOT to prepare for such a scenario in which the corrections end up NOT being so great - because each one of us who buys bitcoin and HODLs it should be prepared both financially and psychologically for all kinds of scenarios, including minority (less likely to happen) scenarios.

[JayJuanGee]

The Pi Cycle Top Indicator makes me worry too much. We are crossing it any day now. And it precisely predicted all market tops so far.

Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.

https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

All this short term price does not matter...IF you are HODL'ing till AT LEAST after the next 'halving' IMHO.....it is 'virtual real estate' where the price is determined by the scarcity

and like land the value comes from what is built upon it to determine price. So remember we are FARMING...when the price goes up for the land you don't rush out and sell

the frigging farm. You ride the dips. Buy more land, and thus become an even more successful farmer!

(sorry, had a few...seems logical at this moment)

Brad

You do not seem the best to be giving advices, Searing..


remember how regretful and panicking you were getting during the 2018/19 crashening, and even your rationale was that you were panicking even more because you had failed to sell any during the 2017 price rise and you were regretting and you got even especially nervous once the BTC price dropped back down to $6k the second or third time. 
Remember the first time the BTC price dropped to $6k was in early February 2018, and then it dropped to $6k like 4-5 more times throughout 2018 before finally capitulating below $6k at the end of the year.. which caused your ultimate panic, no?

Even you, Searing, might want to consider your own psychology and finances to shave off a bit of profits on the way up rather than on the way down.. and who is to say what the bottom of the next cycle will take us.. I am NOT going to proclaim any solid insight in terms of what degree and what durations of drops we might end up experiencing in the coming years... or even if UP before DOWN is guaranteed, even if UP before DOWN does seem to have good ongoing and persistent momentum at this time.

That was unexpected.

Very unexpected

That was unexpected within an expected range of unexpectations.

 

That was unexpected.

Very unexpected

Really? You think that a major shakeout of the over leveraged right around months end just before we go on to make new highs in April is unexpected?

It's overdue if anything.

March sure ended in such a dismal place.. too...  as so many calendar coordinating peeps were projecting March to be a horrible month,  because of history and this that and the other unimportances.. .blah blah blah..

and if you measure out our March's BTC performance it is around 25% up, so can be quite difficult to argue that March turned out anywhere near a variety of prevalent prognostications that were trying to suggest that king daddy gives any shits about calendar months - or even endings of quarters or options or any of that other phoney baloney bullshit that were supposedly contributing to March "ending badly," blah blah blah.

[bitebits]

Active Supply charts provide insight into the proportion of $BTC supply older than 1yr.

'Peak HODL' is reached where the volume of 1yr+ supply hits a maximum, often near last cycles ATH.

After this, old coins are typically spent in bull markets as HODLers take profits.


https://twitter.com/glassnode/status/1377274489763938307

[AlcoHoDL]

Good morning WOers!

Out of all the days of the year (in which I've been working from home almost exclusively), it just so happens that I must physically go to work TODAY! Damn.

Corn is doing fine I see. So, off I go, and I'll catch you guys ('n' gal) again online in about 8 hours. <--- Corn @ $60k+ by then!

[JayJuanGee]

BTW are there any women on this forum ? I know that being a woman on internet is difficult but still, there should be more of them I would think.

Yes.. there is a woman on this forum.

NFT blablabla. I can't read it anymore. NFT my ###

hahaha i think now is the time infofront should make it mandatory to include tldr in every post longer then two lines and some users should not be allowed to post on WO without tldr.

I don't want to name any one but JayJuanGee  nullius  cAPSLOCK how are you guys?

A few points about your proposal:

1) That would be a pretty crazy rule to likely stifle creativity (and likely contributions, too).. It probably would cost more than it benefits, especially when there are easier solutions, such as ignore, skim and perhaps other solutions too.

2) Your proposal does seem to presume that there is a cost to long posts that outweigh their benefits.

3) relatively speaking, you are a pretty (not in a cute way) newbie in these here parts to be making such broad and sweeping proposals - and sure anyone does have rights to make any kinds of stupid-ass proposals to his/her likenings, and perhaps you are making such proposals in jest or a kind of provoking kind of funzies (trolling?), way.  perhaps?  perhaps? 

[VB1001]

[nullius]

BTW are there any women on this forum ? I know that being a woman on internet is difficult but still, there should be more of them I would think.

Yes.. there is a woman on this forum.

Jay just won the thread.  All 28,527 pages of it.  infofront, please lock; it is over.

[shahzadafzal]

A few points about your proposal:

1) That would be a pretty crazy rule to likely stifle creativity (and likely contributions, too).. It probably would cost more than it benefits, especially when there are easier solutions, such as ignore, skim and perhaps other solutions too.

2) Your proposal does seem to presume that there is a cost to long posts that outweigh their benefits.

3) relatively speaking, you are a pretty (not in a cute way) newbie in these here parts to be making such broad and sweeping proposals - and sure anyone does have rights to make any kinds of stupid-ass proposals to his/her likenings, and perhaps you are making such proposals in jest or a kind of provoking kind of funzies (trolling?), way.  perhaps?  perhaps?  

Of course I'm newbie in bitcointalk and bitcoin community overall... and I accept this and no offense to the mighty seniors.

Btw I do enjoy your and nullius post and I spare time to read your long posts.

Any way it wasn't a proposal but...

..infofront, please lock; it is over.

Is this "stupid-ass" proposal too?

[marcus_of_augustus]

Been thinking about selling the equation in my avatar ... how do I collect royalties if someone invents something incredibly lucrative using it?

NFTs now part of Bitcointalk guys...   

Many forum users have invested a lot of time into the forum, so why not turn this time-equity into tradeable commodities? You can now trade forum NFTs (fNFTs):
https://bitcointalk.org/fnft.php

We are using a state-of-the-art blockless-blockchain-database to avoid any annoying fees or wait times. Everything is done using a convenient Web interface. We have also automatically detected how many bitcoins you have to trade with, so no need to worry about deposits or withdrawals.

[nullius]

Been thinking about selling the equation in my avatar ... how do I collect royalties if someone invents something incredibly lucrative using it?

I have been intending to inquire about that equation.  Not for any economic reason, but for a spiritual reason—for the coin of curiosity.  I want to know what it is.  Either I am showing my ignorance, or you have shown some subtlety.  Either way, it has been driving me crazy for a long time.

[sirazimuth]

....
Hi sirazimuth use this without background... looks more awesome
......

Ah yes, more awesome indeed my friend. I've actually been meaning to sort that out for awhile and you saved me the trouble. Much obliged. (outta merits mate, sorry, have a "smerit" on me... wtf that is)
Oh wait a minute..... is that NFT'ed  yet?  
I'll let my one with the background go for .5 btc. That's a frikkin NFT steal baby. (well when I'm six feet under anyway....)

I have been intending to inquire about that equation.  Not for any economic reason, but for a spiritual reason—for the coin of curiosity.  I want to know what it is.  Either I am showing my ignorance, or you have shown some subtlety.  Either way, it has been driving me crazy for a long time.

It actually means "the mass of the ass"  + "the heat of the meat" = "the angle of dangle"

Put that in your pipe and smoke it, professor. 

GO BITCOIN   

   

(1/4/2021 )

[Phil_S]

Been thinking about selling the equation in my avatar ... how do I collect royalties if someone invents something incredibly lucrative using it?

You'd need to fix the last bracket, otherwise no respected equation connoisseur will buy it.

[BobLawblaw]

Dumping all by BTC bags and converting to XRP.

See you later, losers.

[OutOfMemory]

Dumping all by BTC bags and converting to XRP.

See you later, losers.

* OutOfMemory opening XRP-BTC chart on Bitstamp.

* OutOfMemory shaking his head

* OutOfMemory shaking his head again

EDIT: I try to collect the most worthless fNFT's. So far i got Bossian, who else can you recommend? Still, DOGE worked, so... 

[fillippone]

Dumping all by BTC bags and converting to XRP.

See you later, losers.

Absolutely.
I need cash to buy a NFT.
Selling my bitcoins to Ride the pump in XRP.

Don’t judge me. But my chart have spoken: alt season is upon us.
I am ready to convert back to King BTC once I am again in par.

I can’t see what can go wrong.

[OutOfMemory]

Dumping all by BTC bags and converting to XRP.

See you later, losers.

Absolutely.
I need cash to buy a NFT.
Selling my bitcoins to Ride the pump in XRP.

Don’t judge me. But my chart have spoken: alt season is upon us.
I am ready to convert back to King BTC once I am poor again in par.

I can’t see what can go wrong.

FTFY  
XRP: From shitcoin to hitcoin?  

Good morning WOers!

Out of all the days of the year (in which I've been working from home almost exclusively), it just so happens that I must physically go to work TODAY! Damn.

Corn is doing fine I see. So, off I go, and I'll catch you guys ('n' gal) again online in about 8 hours. <--- Corn @ $60k+ by then!

There is some beauty starting to unfold in the chart. Apr 02-03, i'd say if someone yells "call it" at me?

[Parazyd]

Good morning WO!
Observing the 60k wall...

Might just avoid the Internet today though.

[shahzadafzal]

Dumping all by BTC bags and converting to XRP.

See you later, losers.

Absolutely.
I need cash to buy a NFT.
Selling my bitcoins to Ride the pump in XRP.

FTFY 
XRP: From shitcoin to hitcoin? 

I smell wallstreetbets like shit... are you guys short squeezing XRP?

[fillippone]

EDIT: I try to collect the most worthless fNFT's. So far i got Bossian, who else can you recommend? Still, DOGE worked, so...  

I am trying to pump and dump my tokens... I will buy back any other token of who’s buying mine....

EDIT: I was trying to buy Back my Fillippone-II token and all I got is this random rand1919-I  token nobody wants. Any Whale here wanting to help me getting rid of that?

[goldkingcoiner]

I don't get the new NFT thing.