Bitcoin Forum
March 29, 2024, 01:51:23 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

Pages: « 1 ... 29825 29826 29827 29828 29829 29830 29831 29832 29833 29834 29835 29836 29837 29838 29839 29840 29841 29842 29843 29844 29845 29846 29847 29848 29849 29850 29851 29852 29853 29854 29855 29856 29857 29858 29859 29860 29861 29862 29863 29864 29865 29866 29867 29868 29869 29870 29871 29872 29873 29874 [29875] 29876 29877 29878 29879 29880 29881 29882 29883 29884 29885 29886 29887 29888 29889 29890 29891 29892 29893 29894 29895 29896 29897 29898 29899 29900 29901 29902 29903 29904 29905 29906 29907 29908 29909 29910 29911 29912 29913 29914 29915 29916 29917 29918 29919 29920 29921 29922 29923 29924 29925 ... 33206 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26337023 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. (170 posts by 1 users with 9 merit deleted.)
tertius993
Hero Member
*****
Offline Offline

Activity: 1015
Merit: 708


View Profile
December 17, 2021, 02:40:41 PM

Savetherainforest evolving into gembitz one post at a time?
WEEEEEEEEEEEEEEEEE

I expect between $440K < > $1.4 Million per BTCiTcoin in the next year.


No chance.

Quoted for posterity.
The forum was founded in 2009 by Satoshi and Sirius. It replaced a SourceForge forum.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711720283
Hero Member
*
Offline Offline

Posts: 1711720283

View Profile Personal Message (Offline)

Ignore
1711720283
Reply with quote  #2

1711720283
Report to moderator
1711720283
Hero Member
*
Offline Offline

Posts: 1711720283

View Profile Personal Message (Offline)

Ignore
1711720283
Reply with quote  #2

1711720283
Report to moderator
julian071
Hero Member
*****
Offline Offline

Activity: 1132
Merit: 818



View Profile
December 17, 2021, 02:41:14 PM

Is this the Omicron / Moronic dump?
philipma1957
Legendary
*
Online Online

Activity: 4074
Merit: 7593


'The right to privacy matters'


View Profile WWW
December 17, 2021, 02:42:29 PM
Merited by JayJuanGee (1)


It is a cotton tee shirt not a sweater but I purchased a royal blue one.


BTW. buy the dip and hodl!

I still have my $50 a day at coinbase

and I purchased $50 from PayPal today.

My PayPal holdings are about $2400 and I am about 400 ahead. If we tank to say 32k-36K I would be -100 or -200 loss.

  My PayPal BTC will be in the red. Since it is always paid in $usd It presents a possible  way to free cash and get a capital gains offset against my 18000 usd worth sold at 61-67k. Such fun.

I get to hodl and sell at the same time.

Lets go dip.
El duderino_
Legendary
*
Online Online

Activity: 2464
Merit: 11778


BTC + Crossfit, living life.


View Profile
December 17, 2021, 02:49:50 PM

Is this the Omicron / Moronic dump?

One of the damned Friday’s ….
ChartBuddy
Legendary
*
Offline Offline

Activity: 2128
Merit: 1743


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 17, 2021, 03:01:37 PM


Explanation
philipma1957
Legendary
*
Online Online

Activity: 4074
Merit: 7593


'The right to privacy matters'


View Profile WWW
December 17, 2021, 03:05:20 PM

Nice prices get your holiday sales people.

BTC under 46k
El duderino_
Legendary
*
Online Online

Activity: 2464
Merit: 11778


BTC + Crossfit, living life.


View Profile
December 17, 2021, 03:07:31 PM
Merited by goldkingcoiner (2), JayJuanGee (1), Torque (1), d_eddie (1)




How it started for a lot of new peeps this year

I suggest skip 1-2-3
Sayeds56
Copper Member
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 687


Eloncoin.org - Mars, here we come!


View Profile
December 17, 2021, 03:49:58 PM

Bitcoin Pump  is always harder than Dump.

Torque
Legendary
*
Offline Offline

Activity: 3528
Merit: 5033



View Profile
December 17, 2021, 03:50:45 PM
Merited by El duderino_ (10), JayJuanGee (2)

The psychological cost of waiting. Especially applies to Bitcoin.



Now is a great time to buy buy buy BTC
hisslyness
Hero Member
*****
Offline Offline

Activity: 721
Merit: 1682



View Profile
December 17, 2021, 03:57:30 PM
Merited by JayJuanGee (2)

The psychological cost of waiting. Especially applies to Bitcoin.



Now is a great time to buy buy buy BTC

and you forgot/missing the following...

I'm going to buy a shitcoin first because it is cheaper...

maybe between "This is the big one!" and "I'll just wait for the next bear market. It's Coming"
ChartBuddy
Legendary
*
Offline Offline

Activity: 2128
Merit: 1743


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 17, 2021, 04:01:29 PM


Explanation
bitcoinPsycho
Legendary
*
Offline Offline

Activity: 2436
Merit: 2015


$120000 in 2024 Confirmed


View Profile
December 17, 2021, 04:32:44 PM
Merited by philipma1957 (1)

JayJuanGee
Legendary
*
Offline Offline

Activity: 3668
Merit: 10066


Self-Custody is a right. Say no to"Non-custodial"


View Profile
December 17, 2021, 05:00:40 PM
Merited by friends1980 (1)

Also covers the theory that everyone waiting for the 200 Week MA get's left behind.... like Billy.

Raja_MBZ is one of the members who said that he is waiting for BTC spot price to meet the 200 Week moving average, and he started waiting around May-ish when he supposedly sold at $55k-ish and the 200-week moving average was then around $12,500, and now the 200-week moving average is approaching $18,500.

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

I have already said several times, that I would not even want to give Billy twat no coiner that much benefit of the doubt regarding either having any kind of reasonable theory that is based on actual possible concepts rather than just throwing out various assertions regarding where he expects the BTC price to go, and surely sometimes when the BTC is going up he would say that he is expecting the BTC price to revisit $30k or $20k and then from time to time he would add some more dramatic affect that he was waiting for sub-$10k. just signs of wishful pie in the sky baloney rather than anything that shows that he is trying to grapple with actual facts and some kind of semblance of logic that would account for actual facts.

By the way, when I was looking for the 200-week  moving average website linked above, I came across the major multiple website that tries to show whether the BTC price is overheated or underheated.. and currently is showing a 1.. which is accounting for the current price compared with the 200-day moving average and a 1 would seems to be a good place to buy.. but hey you gotta DYOR and figure out what you believe in terms of strategies to accumulate BTC or to manage your BTC holdings (if any) and anticipated BTC price direction, to the extent that price direction might matter to you in the short-term.

Nevertheless, many hoped (and still hope) to see the second run going parabolic like in 2013.  
But moving the market is not so easy anymore.

I'm not so sure about that. Recently we saw price drop 20% in a day, half of which was within a 10 minute period due to high volume selling that triggered liquidations, and more selling. I don't even think this was due to low order book liquidity either, but simply an indication that the market remains highly volatile. I see no reason why this can't still happen to the upside, if shorts get's stacked up like longs were.

In summary price doesn't need an influx of buyers to move quickly, or parabolic, in one direction or another - only over-leveraged markets, of which there are plenty these days. Look at TSLA for example, huge market, but price still went parabolic and increased by 1000% within 14 months, in a traditional market with very high liquidity. In crypto markets, that's the same as 9x in 14 weeks. Like $38K to $350K...
[/quote]

I have my ongoing questions regarding the extent to which it might be helpful or informative to bring the price slopes of other asset classes into the mix in order to attempt to understand what might be within reasonable possibility for bitcoin price future at this time, and surely our looking at previous price slopes are attempts to try to figure out where we might be able to go in current times.  Of course, there have been a lot of folks who have said that the slope looks more like 2013 than it looks like 2017.. but at the same time, there have been assertions that our second top is kind of waning and we are not getting the UP in the second portion that we expect to have good chances of being in the cards...

Surely, none of the numbers really seem to be off the table, and I had recently updated my numbers (probabilities about when and how much) in a thread that I created in the past few days.
ChartBuddy
Legendary
*
Offline Offline

Activity: 2128
Merit: 1743


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 17, 2021, 05:01:28 PM


Explanation
HI-TEC99
Legendary
*
Offline Offline

Activity: 2772
Merit: 2846



View Profile
December 17, 2021, 05:08:44 PM
Merited by JayJuanGee (1)

Saw on Twitter.



almost perfect, but instead of the sleigh we need the rollercoaster Smiley


 It's a Christmas miracle.

 
 
I want that one, googled but could only find these.





Does anyone have a link?

This is the closest I could find to it.



https://www.amazon.co.uk/Hodling-Through-Christmas-Sweater-T-Shirt/dp/B08P8YMY59

Then there's this.



https://www.amazon.co.uk/Yelling-Christmas-Sweater-Gift-Sweatshirt/dp/B081W8W93Y

Torque
Legendary
*
Offline Offline

Activity: 3528
Merit: 5033



View Profile
December 17, 2021, 05:16:38 PM
Merited by HI-TEC99 (1)

goldkingcoiner
Legendary
*
Offline Offline

Activity: 2002
Merit: 1590


BTC 100k 2024


View Profile WWW
December 17, 2021, 05:21:44 PM
Merited by El duderino_ (32), JayJuanGee (1)




How it started for a lot of new peeps this year

I suggest skip 1-2-3

FTFY
LoyceV
Legendary
*
Online Online

Activity: 3262
Merit: 16327


Thick-Skinned Gang Leader and Golden Feather 2021


View Profile WWW
December 17, 2021, 05:28:35 PM
Merited by Biodom (1), shahzadafzal (1)

The psychological cost of waiting. Especially applies to Bitcoin.

Now add 7 more years before this graph: from the start of the year 2000 until the end of the year 2002 waiting would have been a good call. Waiting until spring 2009 would have been even better!
Obviously, you can't know for sure until it's too late, but judging by this graph, I wouldn't be surprised by a huge correction at some point, especially since the Shiller PE Ratio has been above the MEAN for most of the last 30 years. I'd be much more confident when it's under 15 than when it's more than 100% above the MEAN:
Image loading...
The current value is in between what is was in 1929 and 2000, both lead to very hard stock market crashes.
Biodom
Legendary
*
Offline Offline

Activity: 3710
Merit: 3802



View Profile
December 17, 2021, 05:53:02 PM
Merited by LoyceV (4)

The psychological cost of waiting. Especially applies to Bitcoin.

Now add 7 more years before this graph: from the start of the year 2000 until the end of the year 2002 waiting would have been a good call. Waiting until spring 2009 would have been even better!
Obviously, you can't know for sure until it's too late, but judging by this graph, I wouldn't be surprised by a huge correction at some point, especially since the Shiller PE Ratio has been above the MEAN for most of the last 30 years. I'd be much more confident when it's under 15 than when it's more than 100% above the MEAN:
Image loading...
The current value is in between what is was in 1929 and 2000, both lead to very hard stock market crashes.

Yes, I agree that it is possible.
However, there is a thought out there that 2008 experience had informed the policy makers that you CANNOT collapse the collateral layer (stocks, bonds, RE) without a danger that the whole thing utterly collapses. Yes, maybe P/E of 30 is weird, but it is less weird when money is being debased at 20% (at least) rate because in this situation good stock would have a very high rate of earnings growth (in nominal $$). Watch the graphs of AAPL, MSFT, AMZN on a long term chart and especially since 2012-2013. It is a clear exponent, driven at least in part by currency debasement.
ChartBuddy
Legendary
*
Offline Offline

Activity: 2128
Merit: 1743


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 17, 2021, 06:01:36 PM


Explanation
Pages: « 1 ... 29825 29826 29827 29828 29829 29830 29831 29832 29833 29834 29835 29836 29837 29838 29839 29840 29841 29842 29843 29844 29845 29846 29847 29848 29849 29850 29851 29852 29853 29854 29855 29856 29857 29858 29859 29860 29861 29862 29863 29864 29865 29866 29867 29868 29869 29870 29871 29872 29873 29874 [29875] 29876 29877 29878 29879 29880 29881 29882 29883 29884 29885 29886 29887 29888 29889 29890 29891 29892 29893 29894 29895 29896 29897 29898 29899 29900 29901 29902 29903 29904 29905 29906 29907 29908 29909 29910 29911 29912 29913 29914 29915 29916 29917 29918 29919 29920 29921 29922 29923 29924 29925 ... 33206 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!