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

[Syke]

My gut is telling me S2F falls apart soon. In shambles and an afterthought by March 2022.

Hope I'm wrong, but I think we should expect a slower rise than some are anticipating.

I don't think S2F adequately compensates for the reduced effect of halvings. We're nearly at 90% mined. Supply is basically already fixed. Demand is what will drive appreciation.

[1714503874]

1714503874

[OutOfMemory]

Hope I'm wrong, but I think we should expect a slower rise than some are anticipating.

Tell that to this lying son of a bitch:

December = blowoff top anywhere between $200-450k

Anything above $288k is just not realistic, cause it breaks the S2F from the upper side. Get a grip. Ease the cocaine.

Here's a quote from Plan B himself specially for our little retarded friend:

According to the S2F model, BTC’s price is supposed to be at $88,531 on July 20, which is nearly three times the current price. In fact, earlier this year, PlanB suggested that Bitcoin could hit $450,000 before the end of this year in the best-case scenario, and $135,000 in the “worst-case scenario.“ Furthermore, the model predicts that Bitcoin is expected to have hit its much-awaited $1 million mark in July 2025.

How bout you two open a side-bet on the 2021/22 top price?
below or above $200k, BTC only, with escrow. (Mr. D.?)

EDIT: You could also leverage. Who doesn't these days? 

[Cryptotourist]

Here's a quote from Plan B himself specially for our little retarded friend:

According to the S2F model, BTC’s price is supposed to be at $88,531 on July 20, which is nearly three times the current price. In fact, earlier this year, PlanB suggested that Bitcoin could hit $450,000 before the end of this year in the best-case scenario, and $135,000 in the “worst-case scenario.“ Furthermore, the model predicts that Bitcoin is expected to have hit its much-awaited $1 million mark in July 2025.

Link please, by the man himself, not a quote from a random twatter account.
Because as I remember it, it was $288k.

How bout you two open a side-bet on the 2021/22 top price?
below or above $200k, BTC only, with escrow. (Mr. D.?)

I don’t do bets, especially with cunt-like morons, even if it’s for 1 sat.

[OutOfMemory]

How bout you two open a side-bet on the 2021/22 top price?
below or above $200k, BTC only, with escrow. (Mr. D.?)

I don’t do bets, especially with cunt-like morons, even if it’s for 1 sat.

Made my day  
The only bet i do is on BTC
Only exception was the sMerit one i did with Bob (last year?) when i was kinda manically over-excited.

EDIT: Speaking of cunt-morons... Cumorons... What was the name of the former british prime minister? David Cumoron, sounds familiar 

[ChartBuddy]

Explanation

[aysg76]

Anybody like to share their thoughts on the current market, price action?

It looks weak AF to me. I mean, I think everything is OK & we should rally in Q4 but we really need to start moving up soon. Part of me is fucking concerned if I’m honest.

It's always darkest before the dawn. September hasn't been particularly great for BTC since the beginning. Our targets for Q4:
October = new ATH (over $60k)
November = up to around $100-120k
December = blowoff top anywhere between $200-450k

So stop whining and get ready to get your face melted by this epic rally...  

I am really happy to see even $55k above this month only because $100k is incoming but not too fast.

September has already seen $53k price charts so hope to see them above that.Now enough want to see some big green dildos up the graphs really fast.

Hope your prediction comes true and shock everyone

[ChartBuddy]

Explanation

[philipma1957]

nice work

Thanx Phil.
Created on Mastercam 2018 .
If you (or any wo bro) want a blown up jpeg of your medallion with any desired edits (colors, font, etc) just ask here and I will post it.
Really easy to make now with this template on file. Keeps me amused in my old age while the Mazak is in CNC milling cycle.

yeah you can make a large one for me. my eyes need the big print.

[BobLawblaw]

Every person with some intelligence should now that the model could be invalid at some point…

I just wanted you to know, that I have metaphorically blown my load all over your face, by contributing the max 50 Merit to you, for this period.

#nohomo

[philipma1957]

I will admit that I have run across a decent number of status quo rich folks who seem to believe that everything is going to just work itself out with their financial investments, including their properties and equities, and they do not even seem to be too worried about prices going up.. at least in their desires to defend the level of their richie status; however, even on probing I have some difficulties understanding how they can even feel secure with their traditional investments without some kind of hedge.. and they seem to believe that properties and just having a lot of money is enough of a hedge.. so things have worked out the past 10-20 years, so seems pretty much that it is going to continue to work out.. especially if they might only have another 10-20 years to live and maybe 35 years if they are extremely lucky... but in any event they feel that they have enough financial/psychological preparations for any scenario... and they do not need bitcoin as a hedge... as if I am trying to sell them bitcoin even though I am strongly suggesting to consider some hedging with bitcoin... but no, no, no.... and so there can sometimes be what seems to be false senses of security in traditional financial circles.. at least some of the seemingly stubborn-ass guys that I have run across.. in my real life social circles.

Seems to me that we bitcoin holders have a lot to be thankful for in terms of our bet having had paid off, we are not losing our conviction, so our bet is still likely to continue to pay off, even if some aspects of the upside might have come down to ONLY 1,000x more rather than 10,000x or some other ridiculous amounts....  but I surely am not feeling either fooled or fucked by either my past bitcoin involvement or where I anticipate king daddy to be going in the coming years, whether 4-10 years or even longer periods, if I happen to still be alive and able to enjoy where it has come, besides just being able to mutter I told you so through my talking box.

... JJG does throw up some gems from time to time ... the level of rekt that is coming for the average wealthy-middle upper-middle classes of the West is going to be epic, like never seen in history, and they all seem oblivious, or wantonly ignorant more likely

... capitulating to the stupid fucking governments and sundry idiots in charge on "terrorism", intelligence surveillance, foreign wars, police state overreach, monetary management, public health, funding bioweapon mischief, financial system oversight, "health and safety", supply-chain mismanagement, pensions, "manmade" climate change hoax, social media influencing by black OPs and the avalanche of rules, regulations, policies, departments, bureaucracies will be their nemesis

... you can't have that much fucked up in society by unaccountable governments and expect everything "to just turn out OK", history is littered with detritus of nations fucked up by governments, the West is not special .... in fact the thing that made the West special has been sold for "safety" theatre and dereliction of personal responsibility and critical thinking

... anyway enough rant, the bust will be epic, economies are grinding to a halt around the world and no-one has a fucking clue what comes next, you can't print electronic money to paper over what a fucking disaster the banksters have created by raping financial and commodity markets and interfering in the economy of real world output for at least the last 2 decades

... plant a garden, make sure you secure access to local food supplies, good luck.

Okay he has a lot listed but   “manmade” climate change hoax is not true.

The other 17 pretty much on point. 🙁

[AlcoHoDL]

OK, so corn price is not doing what we want. It's not $100k, it's not $80k, hell, it's not even $60k... Bitcoin ded?

Current price: $43k.
Price exactly one year ago: just over $10k.

That's a 4x price increase in one (1) year. 4x. Let me say that again: 4x!

Greedy much? WTF? We should be fucking ecstatic! Bitcoin is doing what Bitcoin has been doing since 2009: steadily appreciating in value.

Guys ('n' gal), this is fine. No need to panic. Just HoDL and wait it out. We've been doing this for so many years, what's a year or two more? And, as OOM rightly says, always remember Mindrust and never do what he did.

Right sequence (IMHO): Buy ---> HoDL (and accumulate/BTFD/DCA) ---> Rich level (whatever that means for each of us) ---> Sell to use, not to keep in the bank ---> Always have skin in the game.

And... enough with the name calling, you fucks!

[vapourminer]

[...] Greedy much?

ummmm lemme think.... errr.. YEAH!!!!!

is this a trick question? am i in the wrong thread through some black magic sorcery?

[ivomm]

Hi guys! I just want to share that both I and my father are recovering well from a series of accidents/illnesses - not covid related, but still life-threatening. I hope the worst is behind us, although my father will need several more months for a full recovery. It is still hard for me to collect my thoughts and share all events here, but may be I will do it one day.

[ChartBuddy]

Explanation

[vapourminer]

Hi guys! I just want to share that both I and my father are recovering well from a series of accidents/illnesses - not covid related, but still life-threatening. I hope the worst is behind us, although my father will need several more months for a full recovery. It is still hard for me to collect my thoughts and share all events here, but may be I will do it one day.

glad to hear youre doing better. may things continue to heal well.

just focus on you and yours. everything else is secondary.

[julian071]

Ivomm good luck and speedy recovery! Glad everything is at least moving in the right direction.

Offtopic but still important: stumbled across an interesting article, for those who are interested in the dark state in all it's forms, and the rich and powerful threatening (social) freedoms: https://www.theguardian.com/us-news/2021/sep/30/revealed-council-national-policy-republicans-extremists

[El duderino_]

Every person with some intelligence should now that the model could be invalid at some point…

I just wanted you to know, that I have metaphorically blown my load all over your face, by contributing the max 50 Merit to you, for this period.

#nohomo

Haha same for me…. I have a few that I maxed out for these 30 days

So if I don’t always merit, remember merit sending is limited per person in 30 days period

Also Bob having you back around here is good enough brother

Cheers

[BitcoinBunny]

Hi guys! I just want to share that both I and my father are recovering well from a series of accidents/illnesses - not covid related, but still life-threatening. I hope the worst is behind us, although my father will need several more months for a full recovery. It is still hard for me to collect my thoughts and share all events here, but may be I will do it one day.

Best wishes to you and your dad.

[ChartBuddy]

Explanation

[AlcoHoDL]

Hi guys! I just want to share that both I and my father are recovering well from a series of accidents/illnesses - not covid related, but still life-threatening. I hope the worst is behind us, although my father will need several more months for a full recovery. It is still hard for me to collect my thoughts and share all events here, but may be I will do it one day.

All the very best to you and your father. Health is the most important thing one can have, and we usually take it for granted...until we lose it.

Take care of your dad as best you can, wishing you both a speedy recovery. We want you strong and healthy for the $1M party. Hurry up -- not much time...