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

[JayJuanGee]

What m ore can you ask for?  Are there some better models that need to be plugged in that are not merely noise?  Yeah we here all kinds of bullshit theories and we even have guys coming in here and rolling their own models while failing/refusing to account for the most convincing and credible of the currently BTC price prediction models.  Sure bring up some other factors, and we will see if those factors mean anything to the long term models or might need to be tweaked into the models, but the vast majority of the time, a lot of these various other factors are not worthy of much beyond some kind of short-term phenomena, noise or insignificant aberrations of the data.

I also think with you that those who work with Bitcoin first think that they have achieved a lot of success, but most of the time they work there even if they apply the complete formula of trading in cryptocurrency, but only a little bit in the case of Bitcoin. Although it is much less in number or percentage, if you apply the theory of trading very carefully 50% -60% is useful the rest is not very useful.

The portion of my post that you referenced was an attempt at getting towards figuring out what are amongst the best of current BTC price prediction models, and not so much about how to accumulate BTC, whether there are some tried and true methods of dollar cost averaging, lump sum investing and buying on dips.  We likely run into more risks and difficulties when we attempt to accumulate bitcoin through trading and even more of a kind of slippery slope into off-topicness when we get into considering accumulating more BTC through the trading of shitcoins.

Of course, we can talk about a lot of topics in this thread, and sometimes one topic will merge into another - even though I do believe that the totality of my earlier post (that you referenced) was an attempt to try to show that we already have some pretty damned decent BTC price prediction models overall, but those BTC price prediction models are mostly about the longer term of bitcoin, including framing the matter in 4 year or longer time periods (cycles) and not really getting into the discussion of BTC price performance as it might relate to trading dynamics (whether talking about trading BTC by itself or trading some shitcoins that might be aimed at attempting to increase a guy's/gal's BTC stash).

But if I were to talk about a few more things would say that many traders here can't accept losses because of the leverage.

I personally do not recommend either trading or the use of leverage, even though there are ways to attempt to do either (or both) of those in ways that are somewhat smart - even if they are bringing more risk to the positions that any BTC accumulator might be employing through more straight-forward BTC accumulation strategies.  One of the benefits of BTC remains that it is such an ongoing asymmetric bet that adding too much risk could otherwise work against you when you already had identified a winning bet and more basic and straight-forward techniques could well assure that the bets on bitcoin pay off, so long as you do not get too greedy.

Many times, I have brought up the issue that normies have traditionally been locked out of both high performance investments and also the vast majority of normies are never really able to reach a kind of fuck you status or even a high level of financial comfort in their lives because they have a lot of systems that are working against them - including underperformance of traditional assets and also most recently the frequently subtle and deleterious effects of inflation (which has kind of reared its ugly head in recent times, for those who are ready, willing and able to see it). 

Accordingly, even with traditional investments, historically, a guy/gal who had been able to achieve fuck you status in 30 years to 40 years of investing would have quite considerably outperformed his/her peers - because it has not really been a common outcome, even for relatively smart normies who had worked their asses off to attempt to achieve those kinds of financial/psychological successes.  In that respect, it seems to me that bitcoin has the potential of cutting down the amount of time to get to fuck you status by 1/2 or even by 2/3rds, but in no way would I be recommending to be employing various kinds of unnecessary risks, when bitcoin is already a good bet... Sure you may be able to leverage to some degree and to trade to some degree, but seems way the hell better to NOT rush things too much and to attempt to build your foundations first through first employing sound and perhaps aggressive BTC accumulation strategies.. and then once getting a decent grounding on figuring out and employing those kinds of strategies, then going to more advanced strategies (if your situation allows for you to attempt more advanced strategies).

Surely, I cannot really know your personal situation Victorycoin, and there might not be any need to get into any kinds of details, but surely, your situation will be different depending on if you are really early into BTC accumulation and if you have decent cashflows and other investments or even if your timeline is long versus short, versus having other circumstances that might be yours, and of course, I frequently mention that there are needs to tailoring of any approach in both financial and psychological ways.. that will also allow you to plan and act from reason (rather than emotions) and also to attempt to learn from whatever strategies that you do end up employing to attempt to shoot for goals that you may well end up taking.. hopefully without employing more risks than you are ready, willing and able to tolerate.

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[1714229215]

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[d_eddie]

Why is tether getting expensive?

[HI-TEC99]

Woke up early 5.00 with acid reflux better now with Gaviscon. Too much rich food and drink yesterday.

Quick reply: Try Bromelaine (500mg) daily, before going to sleep. It's basically pineapple enzyme, liberated me from chronic reflux problems and, as a side effect, makes my jizz smell and taste way better ...according to my wife, didn't try it myself, but i think she's credible enough  

So does it make your jizz taste and smell of pineapple? Does it make it pineapple colored too?

[El duderino_]

So what ever happened to that asshole Jihan Wu? Haven't heard anything of him since the whole BCash launch debacle.

"Fuck your mother if you want fuck."  

https://twitter.com/apompliano/status/1442888225232670721?s=21

[bitebits]

Why is tether getting expensive?

Demand? People currently seem to be more interested in accumulating tethers, than bitcoins.

[Torque]

So what ever happened to that asshole Jihan Wu? Haven't heard anything of him since the whole BCash launch debacle.

"Fuck your mother if you want fuck."  

https://twitter.com/apompliano/status/1442888225232670721?s=21

Something tells me that Pomp sometimes peruses this WO thread.  

[OutOfMemory]

Not right after eating though.

Well, that would be optimal, but it’s not the case unfortunately.
It takes a few years, but eventually you do fuck up your esophagus, like I did last year with my stomach palindrome.

You can always sleep in a sit-up position though.

As an ex-reflux victim, i can report only good experiences with raising the head end of the bed by an inch or less.
Of course, you should sleep on the back, possibly without a pillow.
Lying on the stomach is a no-go.
Lying on the stomach side puts stress on the stomach, only when it is not empty, but the reflux is generally eased, because the esophagus is in a slightly ascending position. Doing it the other way might feel better, but is actually worse in terms of reflux.
But that's only for easing symptoms. Then it's time to get to the root problem(s).

Generally, don't mix carbs with fatty food too much, it takes way longer to digest.

And there's a tip from the experts: Try eating slow by chewing longer. After about 20 minutes of eating your body should signal saturation, pretty much independent of how much you ate. This way you train yourself to eat more often, but don't fill up your whole stomach each time. I used to eat much, very fast, when i was younger, and that's what i blame for getting reflux problems.

[d_eddie]

I see, but I thought tether's brrrr factories were even easier to get going than the Fed's, so I figured they could just mint a few new chips if really needed.

Besides, what's the use of tether apart from buying bitcoin crypto? Holding an asset that keeps parity with a quickly depreciating currency* seems a bit daft.

*Actually it is a good moment for USD, maybe because of the "maybe no we no print no more (I said maybe)" thing going on these days.

[OutOfMemory]

Woke up early 5.00 with acid reflux better now with Gaviscon. Too much rich food and drink yesterday.

Quick reply: Try Bromelaine (500mg) daily, before going to sleep. It's basically pineapple enzyme, liberated me from chronic reflux problems and, as a side effect, makes my jizz smell and taste way better ...according to my wife, didn't try it myself, but i think she's credible enough  

So does it make your jizz taste and smell of pineapple? Does it make it pineapple colored too?

I will ask her on the next occasion, but i don't think so, she would have mentioned it, i guess. Google should be able to help answering that, too.
The Bromelaine itself does not taste like pineapple at all.
Though, what i know from a friend, if you actually drink a glass of pineapple juice, like he did, his girlfriend could get a hint of pineapple taste off his member juice.

[ChartBuddy]

Explanation

[OutOfMemory]

As you say, most lethal events are caused by substances other than the "interesting" alkaloids - things that can be washed away by suitable nonpolar solvents. However, the alkaloids themselves can be fatal too if dosed stupidly high: they have serious vasoconstrictive/abortifaciens effects and were the cause of several deaths in the past (when eating too much claviceps infested rye).

Thanks, quite interesting.
But then again, dosing drinking water stupidly high will also kill you  

[d_eddie]

As you say, most lethal events are caused by substances other than the "interesting" alkaloids - things that can be washed away by suitable nonpolar solvents. However, the alkaloids themselves can be fatal too if dosed stupidly high: they have serious vasoconstrictive/abortifaciens effects and were the cause of several deaths in the past (when eating too much claviceps infested rye).

Thanks, quite interesting.
But then again, dosing drinking water stupidly high will also kill you  

True dat. However, the degree of stupidity involved is different! 

[HI-TEC99]

Woke up early 5.00 with acid reflux better now with Gaviscon. Too much rich food and drink yesterday.

Quick reply: Try Bromelaine (500mg) daily, before going to sleep. It's basically pineapple enzyme, liberated me from chronic reflux problems and, as a side effect, makes my jizz smell and taste way better ...according to my wife, didn't try it myself, but i think she's credible enough  

So does it make your jizz taste and smell of pineapple? Does it make it pineapple colored too?

I will ask her on the next occasion, but i don't think so, she would have mentioned it, i guess. Google should be able to help answering that, too.
The Bromelaine itself does not taste like pineapple at all.
Though, what i know from a friend, if you actually drink a glass of pineapple juice, like he did, his girlfriend could get a hint of pineapple taste off his member juice.

There's probably a good potential market for stuff that makes jizz fruit flavoured.

edit

Somebody's already cornered it. This one's pineapple flavoured.

https://www.amazon.co.uk/YUMMY-Supplement-Sweet-Flavour-Better/dp/B007VMYL78





This one's cranberry flavoured.

https://www.ebay.co.uk/itm/NAUGHTY-BUT-NICE-LAP-IT-ALL-UP-SEMEN-FLAVOURING-PILLS-CUM-FLAVOUR-ENHANCER/174699831658

[shahzadafzal]

OT:
Ten Meter Tower (Short Documentary)
https://youtu.be/5QMlIjSnt_E

[JayJuanGee]

+1 this place is full of pussies trying to reassuring themselves on pure wishfull thinking even after Salvador got focked for adopting a crypto lottery like bitcoin (it was obvious)

That being said they should be scared :



Same pattern on a longer time frame. I know Bips and shiitz are coming for laming network, but what if it's a non-event this time, thiis pump has been weird enough i wouldn't be surprised if we don't see the legendary november-december bull run this time. The world is a messy place right now ya know. I may eat my words...or not.

I hope you missed me. Just passing tho. Don't mind me. Cheers.

Anyways half of the pompous individuals of this thread is on ignore

A lot of hopium in that one.. .comes off as a kind of desperation... or maybe I am misreading delusional as desperation?  Oh well, either way, you are likely going to be fucked by your lack of adequate preparation for UPpity.

it's clear that Bob has not used his titanium plates in a while, he has become a scared little sissy, like many other of you.

 Wow.

 Just, wow.

 This is a no-brainer Ignore for Arrie.

 Ain't got time for that level of retard.

 Thing is, with my "Ignore List ? Can't see your text, which means I delete your post" rule update - Arrie can't even post in my thread now.

 Stupid asshole.

This cry baby reactionary postening shows that Bawb does not have anything close to an emotional maturity to have his own thread... especially, if he is even trying to come close to the "spirit of the WO" thread.

 

We are lucky that infofront does not tend to delete posts in this here thread - except the extreme shilling ones - and ultimately, is not an emotional twat.. and we do not even necessarily need to agree with him.. I am of a quite strong belief that there are a decent number of posts in this thread that infofront does not even closely agree with but he let's them stay.. and lets the chips fall where they will... which overall seems to be a better practice, at least in terms of the acceptance of letting ideas get posted, even amongst the dumbest of ones.

[HI-TEC99]

...

Seems like we’re never going to break out FFS.

Bollocks, the TA is showing nothing but up.

[El duderino_]

So what ever happened to that asshole Jihan Wu? Haven't heard anything of him since the whole BCash launch debacle.

"Fuck your mother if you want fuck."  

https://twitter.com/apompliano/status/1442888225232670721?s=21

Something tells me that Pomp sometimes peruses this WO thread.  

I have the same feeling over some twitterpeeps

[ChartBuddy]

Explanation

[marcus_of_augustus]

Woke up early 5.00 with acid reflux better now with Gaviscon. Too much rich food and drink yesterday.

...  you may be getting gall bladder over-stressed, common in middle age with carb/sugar-heavy rich western diets

... try digestive enzyme supplement containing cholic acid (bile acids, ox bile) taken with meals

... has also been linked to promoting healthy stomach biome that reduces blood pressure

... Gaviscon is not helping fix the problem it's just masking the symptom for temporary relief, like most Big Pharma products

... also, eat lots more green veges

[JayJuanGee]

....... I have one concern and one only. The hash rate.

I didn't even pay attention to the hash rate of 2017, or 2013 for that matter, so it's difficult to make a comparison.
It currently seems to me, that the hashrate that took us from $10k to $60k, is going to be the one that takes us from $40k to whatever multiples of that - let's say $160k in all modesty.

I do not like this if it remains so, but what I do like - is the absence of spam transactions, and on-chain fees outperforming the Lightning network.
I'm fully expecting to witness a huge rise of the hashrate towards the end of the year (250+), so our new ATH is validated.

I do understand and appreciate that quite a bit of the power of bitcoin comes through the various incentives that are created through mining - but to assert that there are possible concerns with bitcoin's hashrate seems to be quite out of place.

I will admit that in May/June/July - ish when we had a lot of miners going off line, there did seem that there had been some potential for setting up some kind of a hashrate attack (and some of the concerns would have been that the Chinese had been strategically pulling hashrate and then going suddenly redeploy it), yet the longer that miners are able to move around, they are able to be prepared for that kind of potential attack - including the difficulty adjusting every two weeks, so there is a bit of a need to set up such a possibility for an attack and then wham bam deploying it, which would have to be set up again (like it was earlier in this year that made it seem feasible as something that might happen).  

Sure,  I am not suggesting that a mining attack could not happen, but there seems to have been either a squandering of an opportunity that would be very costly to attempt to set up again, if there had been any such aim towards attacking bitcoin through such mechanism.

Furthermore, at this time, the actual absolute hashpower of bitcoin does seem to be magnitudes above what is needed to secure the network, so I will ONLY start to believe the possibility of such an attack if the facts become part of actuality rather than some kind of seemingly fantasy conjecture that hashpower might be something to worry about, when in reality the whole hashpower and mining situation as it currently stands seems way the fuck more bullish than it does bearish in any kind of actual material and meaningful way... that's my current quasi-layman's sense of the hashing power matter.  

Bob is deleting my posts anyway so I'll just have to post whatever I might have to say on the subject here regardless.

More evidence that Bawb is a dweeb... #justsaying.

Bob is deleting my posts anyway so I'll just have to post whatever I might have to say on the subject here regardless.

I'm sorry to hear that.

 Hey man. Dem's da rules.

 On my ignore list, gon git deleted yo.

 It's just the way it is.

 I don't have time for dealing with retards on here, given what I'm dealing with in meatspace right now.

 Arrie can sodomize himself with a length of wide, rusted pipe, as far as I'm concerned.

More evidence that Bawb is a dweeb...

I am going to have to stop with this posting of evidence soon, it seems overwhelming and perhaps redundantly unnecessary to keep posting such examples.