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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11.3%)
8/4 - 16 (16.5%)
8/11 - 7 (7.2%)
8/18 - 5 (5.2%)
8/25 - 7 (7.2%)
After August - 50 (51.5%)
Total Voters: 97

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26453205 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.)
philipma1957
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November 12, 2021, 03:16:15 AM
Last edit: November 12, 2021, 03:44:21 AM by philipma1957

Oh no, bitcoin crashed to levels not seen since 2 days ago.

And three weeks ago, and seven months ago.

... it's probably time you sodl up and went back to fiat and speculating in stocks old boy

... your bitcoin bags are becoming too heavy for you

I can understand guys like arrie or philipma being nervous - they're 60+ and want to live now. BTC mooning in 10-15-20 years may appear useless to them...

I am stacking and growing the mines as I type.

we also built a 45kwatt then a 115kwatt  and in the middle of a 500kwatt solar array.

I don’t need or want moon shots. But at 64 doing mining for 20 years is not in the cards for me.

I want to travel 🧳 and have some fun before I am done.

At the moment crawling around dozens of 240 volt cables in 90f + rooms is work that I still don’t mind doing.

But eventually I am going to retire from it.

I will have mined from 2012 to maybe 2027 and possibly be a BTC millionaire.

So six years and out is the plan.

To all those that love to say “boomer”

watch this movie



https://www.imdb.com/title/tt0063808/


and stfu 😊



and while you are at it watch this one

https://www.imdb.com/title/tt0048545/

boomer fucking “morons”

biden
 trump

bush
clinton

are and were not boomers.

yeah so far only one boomer prez

obama

btw

he is still the only president younger than me.  which makes sense.



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November 12, 2021, 04:01:24 AM


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November 12, 2021, 05:01:23 AM


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November 12, 2021, 06:01:34 AM


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November 12, 2021, 06:18:04 AM

[edited out]
. Dude I will be dead when the fight over frozen coins is started. The fight will be that they are not lost keys. The fight will be that they are abandoned coins.

 If you have any idea about worldwide legal bullshit in general and human nature those "frozen" coins will be fought over bigly down the road.

Like I said won't happen anytime soon. But it is going to happen.

Merely because some people might want to put bitcoin into traditional legal/asset categories, does not mean that they are going to be able to have such a fight.. even if some people want to have such a fight.  Its largely a non-issue that some people, including yourself seem to want to make as if it were an issue and just goes to show that you do not really understand what bitcoin is.

Oh no, bitcoin crashed to levels not seen since 2 days ago.

I don't want to start some sh!t again.... But it might go to $52K in the next week or so... maybe in 2-3 tops.  Roll Eyes  Roll Eyes  Roll Eyes  Cool

Yes.  In that same time frame of one week to 3 weeks, it might go down to $52k, and it might not.

It also might go down to $60k and it might not.

Also, it might go up to $80k and it might not.

It might go to $100k and it might not.

Finally, it might continue to range between $60k and $69k, and it might not.


Quite a few things that bitcoin could do (or not) in the next 1-3 weeks.  So thanks for your contribution towards greater clarity about current bitcoin price dynamics, or not, Save the RF.

https://www.newsbtc.com/news/bitcoin/bitcoin-whale-wallet-with-150-million-activated-after-8-years/

And you guys scared one of these whales to move their coins.. Keep talking about "abandoned" coins and we might see some movement from old addresses.

This is just another reason the idea of "lost coins" is el stupido.  The ONLY person with the rights to move bitcoin is the holder of that (those) private key(s).

Period.

And it is their right to move them as they please.  Even if it frightens people, or means they are rich, or crashes the price.  Or proves they are Satoshi, or ANYTHING.  PERIOD. 

I am not scared.  I still have the keys to my coins.

I suspect the vast majority of the “frozen” coins are not lost or abandon

pretend that the number is 4 million coins 2.4 million would be by long term holders not lost and movable. much as the ones above were just done.

It all an exercise in imagination when we are trying to guess 2049-2059 btc rules and decisions.

realistically I have 20 years left to live. based on family male history 77-86 years old is a common death age for men.

I don't see why there is a need to "recover" "lost or abandoned" coins.
Since BTC is divisible by so many digits it just means that the eco system will run on whatever coins are in circulation.
Hell we could have only 1 BTC actively being moved around and the system would still work.
There is absolutely no need to "recover" anything since the system functions just fine no matter how few coins are actively transacted.
Just use smaller pieces.

Exactamente this!!!

Phillip has been making a big hoop-a-la that there is some kind of justification to look into the matter, when there is absolutely no reason to look into the matter at all, absent some dweebs trying to fuck around and spread misinformation regarding nonsensical points, and likely most HODLers of bitcoin already recognize these kinds of dynamics and are not likely going to forget merely because some no coiners or low coiners want to muddy the waters or change the rules or make bitcoin into something that it is NOT.. which is also pretty much what several other members repeated in their posts, but philip just wants to persist and persist about some supposed non-existent motivation that exists to resolve this non-issue that he wants to make into an issue.
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November 12, 2021, 07:01:23 AM


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November 12, 2021, 07:04:03 AM
Merited by El duderino_ (4), JayJuanGee (1)

...

A fascinating (but long) piece on Bitcoin, consciousness and entropy:

https://bitcoinmagazine.com/culture/bitcoin-information-theory-monetary-entropy
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November 12, 2021, 07:13:28 AM

Oh no, bitcoin crashed to levels not seen since 2 days ago.

And three weeks ago, and seven months ago.

... it's probably time you sodl up and went back to fiat and speculating in stocks old boy

... your bitcoin bags are becoming too heavy for you

I will, at the top.
In the mean time I will bitch about bitcoin being slow to reach that top.
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November 12, 2021, 07:22:50 AM

And then I will, of course, buy back at the bottom.
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November 12, 2021, 07:39:03 AM
Last edit: November 12, 2021, 04:18:21 PM by JayJuanGee

Roses are red
Violets are blue
Bitcoin is going up
So fuck you

~

From where is that table, bPsycho?  I know that tradingview has 1 month charts..

is the chart that you posted from another site, or are you getting that chart from trading
view?  

Anyone?  Anyone?

It's tradingview software, mobile version by looks of it. Not sure which exchange, but can tell by the logo. Not sure the relevance either to be honest...
It's certainly how it looks to me when I go to TV 1M chart and go from log to linear, which is a scary thing to be doing imo.

Otherwise not sure why I keep seeing occasional panic in the market. Price dropped 10% to re-test 2 week long resistance level, in order to confirm it as support.
It's healthy stuff if you ask me. Liquidate some longs without providing a good shorting opportunity. Volume is the only "concern" right now, not price.

I hardly am concerned about our pausening in a $60k to $69k range, and I won't even be too concerned if there were correction below $55k which is my hypothetical beginning of noman's land.  I just believe that even if there may well be a kind of impetus for noman's land to happen, there are also some bearwhales who are not wanting the UPpity to happen and they can attempt to throw some additional ammunition at the situation in order to delay.. but not likely to stop the passing through noman's land.. and we also know from past experience that if they get too carried away with trying to keep the BTC price down too far for too long then they could end up getting punished worse than if they were to just allow the passage through noman's land... so in any event, they cannot really help their lil selfies from trying to keep the BTC price down as far as they can and for as long as they can while they are still able.. I have almost no clue whether the recent approval of the two futures ETFs in the USA give them more tools or not to either delay or even to be able to extremely delay the passage of our current price through noman's land.  The next two to three weeks are critical.tm

In 2021 movement of a 2000 btc 'bag' is news on the interwebs
In 2025...................200 btc movement might be
In 2029...................20 btc....

At some point...selling of a WHOLE btc will be news.

...Hope springs eternal.

10x every 4-year cycle might be a wee bit more ambitious than what lillie fiend will be able to accomplish.. and spreading that out a bit more might be reasonable, yet surely I agree with the overall concept.. because I did a quickie research into the matter of spot price, 208-week/104-week moving averages.. and historically they have been those kinds of returns of more than 67% per year that would also end up accomplishing a continuation of the trend of more than 10x appreciations in value every 4 years.. so I do believe that number does need to come down a wee bit.. but just to extend your example two more four-year cycles we get below 1 BTC in just 1.5 cycles after 2029 because 2033 would be 2 BTC and 2037 would be 0.2 BTC.... so even giving some cushion will cause 1 BTC to have an today's equivalence of 2,000 BTC-ish in "hype-value" before 2040-ish... do we need an additional 10-year cushion in there to feel more confident?  
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November 12, 2021, 08:01:23 AM


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November 12, 2021, 08:23:23 AM
Merited by vapourminer (2), El duderino_ (2)



Always the same story  Cool
There are no plot twist in these stories and we already know what's going to happen everytime btc drop from new ATH which we are seeing at this time also.The scenes are like :

1) Lambos going back to garage
2) Panic sellers rushing to the market
3) McDonald's job application seeing insane rush
4) Shitcoiners believing they are winning (this is best Grin)



Chill guys and enjoy this whole scenario and soon everything is going to rock for holders and feel happy that we are still at $65k and we were below $5k this pandemic and is this not sufficient to make us happy and rich?
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November 12, 2021, 09:01:33 AM


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November 12, 2021, 09:56:15 AM
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https://twitter.com/100trillionUSD/status/1458890358155268097
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November 12, 2021, 10:01:23 AM


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November 12, 2021, 10:39:41 AM
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And then I will, of course, buy back at the bottom.

translation:

I will watch bitcoin rise until I FOMO back in with less BTC.

 Tongue
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November 12, 2021, 11:01:25 AM


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November 12, 2021, 11:46:51 AM
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So now the infographics for the image has been restored to the original ones and no intentionally putting them on wrong side as some have said it's some sort of misunderstanding for the many.



So this time bull is igntioning the engine to kick away the bears and the thurst will put btc to $100k.

You can ignore these little dips but you can't ignore btc taking over Tesla, Facebook and now it's the turn for silver as btc market cap is around $1.28 trillion and silver with $1.34 trillion and soon this is going to be Bitcoin taking over.When you know this $64k is also very much profitable for you.
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November 12, 2021, 12:01:32 PM


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November 12, 2021, 12:05:17 PM


Guess he has realised his price target this month isn't going to be anywhere near close.
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