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Question: Price prediction for the May 21 weekly close:
<$20,000 - 7 (8%)
$20,000 - $22,000 - 0 (0%)
$22,000 - $24,000 - 2 (2.3%)
$24,000 - $26,000 - 3 (3.4%)
$26,000 - $28,000 - 7 (8%)
$28,000 - $30,000 - 12 (13.8%)
$30,000 - $32,000 - 20 (23%)
$32,000 - $34,000 - 8 (9.2%)
$34,000 - $36,000 - 6 (6.9%)
$36,000 - $38,000 - 3 (3.4%)
$38,000 - $40,000 - 2 (2.3%)
>$40,000 - 17 (19.5%)
Total Voters: 87

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25639826 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. (168 posts by 4 users with 9 merit deleted.)
Paashaas
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October 14, 2021, 01:49:29 PM
Merited by JayJuanGee (1)

More people in El Salvador have Bitcoin wallets than bank accounts.

https://www.forbes.com/sites/theapothecary/2021/10/07/in-el-salvador-more-people-have-bitcoin-wallets-than-traditional-bank-accounts/
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October 14, 2021, 02:01:10 PM
Merited by JayJuanGee (1)

Ha! Early morning, sleeping, and I hear my mobile phone making a funny sound. Something I'd never heard before. I ignored it. Later on in the day, I check and see a Delta (Δ) symbol in the notification area. As it turns out, it was the Delta app I had installed several months ago, notifying me that Bitcoin had crossed the 50,000 € mark! I had forgotten about this app... When I installed it on my phone, I set up alerts on 50k / 60k / 70k / 80k / 90k / 100k € price values. Today was the firing of the 1st one.

I'm thinking I'll be hearing more of that funny alert sound this year...

Onwards & upwards!

HoDL.

You smelly bear!
Stopping your alerts at 100k...
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October 14, 2021, 02:01:26 PM


Explanation
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October 14, 2021, 02:14:41 PM
Merited by JayJuanGee (1)



I did forgot that car pic….

Love this baby  Cheesy

big welcome to our baller club Cool Grin
the new 'The Fast and the Furious' is coming Cheesy Cheesy
btw where is your mobilephone Huh Grin

Number go down.

LFC’s car game go up - New ride.



also a new ride - thanks BTC Cool



Yes I’m late to ฿




So you all have 2 phones? My dream is a Porsche 718 GT4. Hopefully I post a picture at the end of this bullrun. Just need a 2nd phone or a GF Grin
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October 14, 2021, 02:22:10 PM

Indeed I also only carry one phone on me ….
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October 14, 2021, 02:30:00 PM

nothing more needs to be said about this Grin Smiley

I can add one thing: at some point (when infinite dollars happen), the dollar value is no longer relevant. The purchasing power per Bitcoin has to flatten at some point. I'm now only wondering if that's going to be at 1 house per Bitcoin or 10 houses per Bitcoin Cheesy
Inflation is silently robbing all of us from years and still the government find best alternative to counter this situation is to print even more notes and making dollars worth zero.

So this will be the future case :

1 Bitcoin per house/ bunglow
1 Million USD per toilet rolls( what has happened in Venezuela already)

So choose which side you want to be Wink
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October 14, 2021, 02:43:31 PM

...

So you all have 2 phones? My dream is a Porsche 718 GT4. Hopefully I post a picture at the end of this bullrun. Just need a 2nd phone or a GF Grin

Indeed I also only carry one phone on me ….

if you are willing or able, you can borrow the mobile phone of your wife, gf, child or parents for these few minutes and quickly take a photo Wink
that's how it was in my case too, and certainly with the other two bros as well Grin Cool
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October 14, 2021, 03:01:34 PM


Explanation
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October 14, 2021, 03:29:49 PM
Merited by El duderino_ (3), JayJuanGee (1)

Ha! Early morning, sleeping, and I hear my mobile phone making a funny sound. Something I'd never heard before. I ignored it. Later on in the day, I check and see a Delta (Δ) symbol in the notification area. As it turns out, it was the Delta app I had installed several months ago, notifying me that Bitcoin had crossed the 50,000 € mark! I had forgotten about this app... When I installed it on my phone, I set up alerts on 50k / 60k / 70k / 80k / 90k / 100k € price values. Today was the firing of the 1st one.

I'm thinking I'll be hearing more of that funny alert sound this year...

Onwards & upwards!

HoDL.

You smelly bear!
Stopping your alerts at 100k...

Oh, yes. That's the first thing I thought. Will do it soon, but the increment will be $50k instead of $10k. I will stop at $1M. No point in being alerted past that.
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October 14, 2021, 04:01:26 PM


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October 14, 2021, 05:01:27 PM


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October 14, 2021, 05:08:50 PM
Merited by vapourminer (1), xhomerx10 (1)

Unofficial WO TOR Router Report: Seem to be in a stable place with the LOOP channel, not even being half-drained so far, this time around. Cranked the fees pretty high, and I believe it's fair to say the fee's for just the LOOP channel alone have likely paid for the channel open/close costs many times over already.

Some transactions I routed earlier today.

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October 14, 2021, 05:50:33 PM

nothing more needs to be said about this Grin Smiley

I can add one thing: at some point (when infinite dollars happen), the dollar value is no longer relevant. The purchasing power per Bitcoin has to flatten at some point. I'm now only wondering if that's going to be at 1 house per Bitcoin or 10 houses per Bitcoin Cheesy

I am not sure, Loyce...

Are you trying to say that bitcoin is "not" designed to pump forever?

Whether we are talking 1 house per BTC or 10 houses per BTC or some other price point, there is a bit of a suggestion that houses (in your example) are as scarce as bitcoin, amiNOTrite?

I will concede with an overall point that our bitcoin price trajectory (including ongoing BTC prices) is going to likely become more and more flat with the passage of time, but I am having some doubts that bitcoin would stay flat relative to any particular asset, such as 10 houses because that would suggest that houses are as rare as bitcoin...

Accordingly, maybe 1 year from now, we have bitcoin valued at 1 house,
then 5 years from now we have bitcoin valued at 10 houses,
then 9 years from now we have bitcoin valued at 16 houses,
then 13 years from now we have bitcoin valued at 24 houses,
then 17 years from now we have bitcoin valued at 34 houses,
then 21 years from now we have bitcoin valued at 44 houses,
then 25 years from now we have bitcoin valued at 52 houses,
then 29 years from now we have bitcoin valued at 58 houses,
etc etc etc

So we end up getting some kind of a flattening of how much bitcoin is going up, but relative to baskets of goods, bitcoin is the most scarce, so I am having some troubles hypothesizing a basket of goods (whether houses or some other basket) in which the assets in the basket are appreciating at the same rate as bitcoin.. but hey.. those are speculations that could take a decently long time to play out.... and may not exactly affect our "today's" investment thesis, even though there can be some good ideas and plans to have some ideas where the long term might be going, even if the details are not really known various aspects of the trajectory are assigned meaningful and significant probabilities.. .so in that regard, any of us might be directionally correct without really knowing too many of the specifics with any kind of high confidence.
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October 14, 2021, 06:01:34 PM


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October 14, 2021, 06:15:55 PM

Are you trying to say that bitcoin is "not" designed to pump forever?
I'm saying the planet isn't designed to pump forever Wink

Quote
Whether we are talking 1 house per BTC or 10 houses per BTC or some other price point, there is a bit of a suggestion that houses (in your example) are as scarce as bitcoin, amiNOTrite?
Make it 100 houses per Bitcoin, 2.1 billion houses on the planet seams about right.

Quote
I will concede with an overall point that our bitcoin price trajectory (including ongoing BTC prices) is going to likely become more and more flat with the passage of time, but I am having some doubts that bitcoin would stay flat relative to any particular asset, such as 10 houses because that would suggest that houses are as rare as bitcoin...
It can't keep going up, otherwise at some point 1 Bitcoin would be worth a billion houses.

Quote
Accordingly, maybe 1 year from now, we have bitcoin valued at 1 house,
then 5 years from now we have bitcoin valued at 10 houses,
then 9 years from now we have bitcoin valued at 16 houses,
then 13 years from now we have bitcoin valued at 24 houses,
then 17 years from now we have bitcoin valued at 34 houses,
then 21 years from now we have bitcoin valued at 44 houses,
then 25 years from now we have bitcoin valued at 52 houses,
then 29 years from now we have bitcoin valued at 58 houses,
A flattening S-curve makes sense.
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October 14, 2021, 06:36:56 PM

[edited out various car pics]

So you all have 2 phones? My dream is a Porsche 718 GT4. Hopefully I post a picture at the end of this bullrun. Just need a 2nd phone or a GF Grin

I wonder which is better?  a GF? or a second phone?

...

So you all have 2 phones? My dream is a Porsche 718 GT4. Hopefully I post a picture at the end of this bullrun. Just need a 2nd phone or a GF Grin

Indeed I also only carry one phone on me ….

if you are willing or able, you can borrow the mobile phone of your wife, gf, child or parents for these few minutes and quickly take a photo Wink
that's how it was in my case too, and certainly with the other two bros as well Grin Cool

Sure... alternatively, if you are not able to acquire a lot of things, then having IRL "friends" could come in handy, too.

Hypothetically speaking, of course.

Ha! Early morning, sleeping, and I hear my mobile phone making a funny sound. Something I'd never heard before. I ignored it. Later on in the day, I check and see a Delta (Δ) symbol in the notification area. As it turns out, it was the Delta app I had installed several months ago, notifying me that Bitcoin had crossed the 50,000 € mark! I had forgotten about this app... When I installed it on my phone, I set up alerts on 50k / 60k / 70k / 80k / 90k / 100k € price values. Today was the firing of the 1st one.

I'm thinking I'll be hearing more of that funny alert sound this year...

Onwards & upwards!

HoDL.

You smelly bear!
Stopping your alerts at 100k...

Oh, yes. That's the first thing I thought. Will do it soon, but the increment will be $50k instead of $10k.

The way that I stagger my BTC sell orders was around $500-ish when we were in the $10ks, but then gradually went up to $1k increments, then $2,500 increments and then $3,333 increments - and shooting for $5k increments, but never arrived there, so far.

When the BTC price corrected back down to $28,600, then I decided to pretty much return the vast majority of both my buy and sell increments back to $1k until we get into the $60ks and above, they resume the getting larger and larger increments.  I am at around $3,333 increments between $100k and $120k, and then go to $5k increments between $120k and $150k... and surely will have to consider what kinds of increments to place for my supra $150k numbers - presuming that we start to get close to those numbers.  I have been having trouble with one of my exchanges that so far has not allowed the placement of BTC sell orders higher than $100k.. so there may be some anxiety around that if we are getting close to that price, but they have not fixed their systems to allow for 6 digit sales of BTC.

Some regulars here may have noticed that I had considered that outlier BTC prices for this particular cycle could go into the $1.5million range, and of course, those are outlier chances that would probably have to drag into the third quarter of 2022 to even be within a kind of realm of outrageous feasibility. 

Currently, I am less worried about sell orders that I have already set, but surely each time that I end up going higher up the BTC price range to set BTC sell orders, there arises a certain level of trepidation, including when those orders end up getting filled in a kind of rapid way.. which seemed to have already happened several times in my BTC experiences, including but not limited to our 2015-2017 journey from $250 to $19,666 and also including our recent journey from $10k-ish to $64,895 (that was between September 2020-ish and April 2021)...

So, yeah each time those sell orders are taken out and there are some needs to add up the stack, there can be a bit of nervousness until they are actually contemplated and decided where there are going, and I suppose if there is some confidence when establishing the amounts in advance, there would be a bit less trepidation when they are actually fulfilling all the way up the chain and into various territories that had previously seemed so damned hypothetical, even when they end up coming true along the way.... nervous and calm all at the same time, if that is even possible? hahahaha   

I will stop at $1M. No point in being alerted past that.

Don't do it, AlcoHoDL!!!!!!!!!

 Angry Angry Angry Angry

Don't you know that expression that people frequently assert in regards if they were to win the lottery? 

Frequently they will say something like:  "If I win the lottery, I am going to keep doing everything the same, but I will just have more comfort in having that extra money.. blah blah blah"

In other words, you better fucking be doing the same thing AlcoHODL...  Angry Angry Angry Angry


Otherwise you are not going to fit in.....

oh wait....
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October 14, 2021, 06:38:05 PM

I almost feel like buying a trip to the Big Island or something... lol... hmm.

 Roll Eyes
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October 14, 2021, 06:51:56 PM

I almost feel like buying a trip to the Big Island or something... lol... hmm.

 Roll Eyes

Squid Game? Fun, but I left because they refused to pay the winnings in Bitcoin. Pff.... Roll Eyes
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October 14, 2021, 06:59:23 PM
Merited by El duderino_ (4)

BTW - props to El Duderino_ for generously donating his rare, collectable coin set for a great cause!

The auction is live here: https://bitcointalk.org/index.php?topic=5365147.0
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October 14, 2021, 07:01:25 PM


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