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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26489116 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.)
ImThour
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Bitcoin Bottom was at $15.4k


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April 11, 2022, 09:15:04 PM

Bitcoin Average RSI is 30 ~ Oversold

https://twitter.com/RsiBitcoin/status/1513625922271862799/photo/1
OutOfMemory
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April 11, 2022, 09:20:57 PM

For what it’s worth, I think we’ll go under $30,000 at some point in the next 12 months. We won’t go sub $20,000 though. $100,000 & much higher is a guarantee in 2024/25 after the next halving. Be smart, if you panic then you’re looking at too low a time preference. $100,000 & beyond in under 3 years, any kind of significant dip now is a gift.


Very, very unlikely. With all the corporate guys onboard, billionaires, Russian oligarchs etc etc... I doubt we're getting any lower than ~$40k. Most probably we have already seen the bottom (@ $38-39k) and resuming UP now. All in all, I'm very skeptical about the "classic" 4 year cycles.  Cool

Next 24 days are critical.
In the higher timeframes we are moving upwards since a few months mid-January (...following something that looked like a fast-forwarded capitulation dump to me). We know our bears are patient. They'd be best advised to dump "sparingly", not to scare off new money and take higher profits (compared to a full scaled flash-crash dump). They want to drain the market, not let it dry out completely, and these days, with the global hashpower, it's easier to move the price down, compared to up.
I think the most likely reasons for the price still going up gradually on the 1d+ charts is the increased awareness and new money brought to Bitcoin, lately.
That might as well distort the "4y cycle picture" we got used to.

Maybe there will be no more mindrusts this cycle, because we are already beyond the cycle low due to adaptive bears and growing buying interests. Only earlier this time. This cycle seems blurred, compared to 2017-2020.

Summary:
1BTC = 1BTC

EDIT: Edits in bold.
shahzadafzal
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April 11, 2022, 09:30:05 PM
Merited by vapourminer (2)

~~~~

Congratulations on 25,000 posts JJG.
I will make a tool to count the number of words you have posted in total 25k posts on a weekend.

ill save you the trouble

the number is:  #####OVERFLOW####

I think I have this.... I have all his posts saved in txt… for JJG, El duderino_ and few other legends of WOs too... I did this when I was doing this "The births of the hats" story ... for the matter of fact that time I even counted the "f" words for JJG... how many times he used f word... but I did not post...

but certainly can do it now on his 25,000 posts should I?


raw data
Hueristic
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April 11, 2022, 09:37:34 PM

^Stalker  Tongue
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April 11, 2022, 09:38:28 PM
Merited by vapourminer (2), El duderino_ (2)



Welcome to the forum and to this thread wagmi. 

At the time that I am responding to your above post, you ONLY have 3 post (and the above post is your first one). 

It might be a good idea to provide us some ideas about your bitcoin history.. yet of course, that is up to you regarding how much you might say in any given post, but just so we get some ideas about how you got to this thread and how extensive your bitcoin history might be (or might not be).  Some members come to this thread with almost no bitcoin history at all, even though they might be mostly bitcoin focused.  When I first came to the forum in early 2014, I rarely ventured outside of this thread to other parts of the forum for several years.... so no problem if you want to make this your primary posting location... several members of the forum ONLY post in this thread.
Also hi and yes, it's nice to be at Bitcointalk, where Satoshi was active himself.  Smiley

I can tell you ofcourse how I registered here. For signing up, I used a VPN (because of privacy) but unfortunately, my Account was blacklisted by devil fees and I could not post at first. It was recommended to pay a fee or ask someone to whitelist my Account, where LoyceV offered to whitelist Accounts if we can convince him to whitelist us.
My first try was rejected but I tried again and convinced him luckily.  Smiley

I signed up at Bitcointalk because of Bitcoin.
I can also use reddit but reddit is a little bit confusing when you add a comment, new comments can be added for each comment and it's just a mess for most replies. By using lines and connecting related posts, reddit tried to make it better (and also a new design) but it's still a mess.
Pictures are not enabled to post at reddit, a big noo noo. I like pictures to be contained in a post.  Smiley
Recently, a good long-term trading post (TA) for HODL was posted by someone on reddit but it was deleted soon after, I really don't know why.  Huh
Unbelievable!  Embarrassed

Bitcointalk is easier to follow and to post pictures but Bitcointalk's design is very outdated.

For Bitcoin, I can say: I really like it!
Bitcoin is a very elaborated technology, where we don't know how Satoshi was so wise to design it. It's really rare to get such a good tech like BTC, it really has a chance to be an universal good.
In opposite, I'm sceptical about Altcoins.
Altcoins have made huge promises but not delievered.

Most Altcoins are a sophisticated scandal waiting to explode and we are screwed if we are not far enough away from it.
Like for example Ripple, it's a dishonest, centralized Shitcoin.
Or Polkadot, it's better but it's not capped, infinite supply to enrich bagholding stakers like devs and frens. What a swindle.
Or Solana. Solana is a complete fail, it failed for two times already for several hors, nobody could send a tx. People still cheer Solana, buy it and nobody cares. Solana is a joke!  
Ofcourse, Craig Wright is also a scammer, he should go to prison or at least pay a huge fee for his continued lies.

I could add much more Shitcoins, much more Scams and so on but we all know about Shitcoins.
It's just a question of time, when a Shitcoin will be forgotten or failed.

And I hate r0ach, he's an idiot.  Roll Eyes Roll Eyes

Finally, I have to admit my fear about trading and also hacks, so my first choice is: HODL  Smiley
So you know it now.  Cheesy


Days like today are a good reason for HODL.  Wink
And days like today are a good reason to avoid Shitcoins.  Cheesy Cheesy





I merited all three of your posts and you now are at 10 merits. This allows you to make rank by simply posting more over the next few months.

A) I don’t care if this is an alt account.
B) Posting in any thread 🧵 is okay and you posts make sense.
C) Please post again.
Wow, very generous from you to give me some Merit.
I will try to distribute it wisely and ofcourse I will post again to shill BTC (or bash Shitcoins).   Cool


OutOfMemory
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April 11, 2022, 09:49:21 PM


I think I have this.... I have all his posts saved in txt… for JJG, El duderino_ and few other legends of WOs too... I did this when I was doing this "The births of the hats" story ... for the matter of fact that time I even counted the "f" words for JJG... how many times he used f word... but I did not post...

but certainly can do it now on his 25,000 posts should I?


raw data
-stripped-

I am bored and got some programming skills?
ImThour
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Bitcoin Bottom was at $15.4k


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April 11, 2022, 09:51:43 PM
Merited by Synchronice (1)

Only 3 out of the 32 BTC halvings have occurred. You're that early.
A really nice perspective IMO.

https://twitter.com/DocumentingBTC/status/1513634167002734597
ChartBuddy
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April 11, 2022, 10:03:28 PM


Explanation
proudhon
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April 11, 2022, 10:16:30 PM

Let's get back to our roots -- wall observing. The order books are signaling more bitcoin wanting to be safe USD than I've seen in a long time. Looks like we're gearing up for a spectacular drop.
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April 11, 2022, 10:26:24 PM
Merited by JayJuanGee (1)

Let's get back to our roots -- wall observing. The order books are signaling more bitcoin wanting to be safe USD than I've seen in a long time. Looks like we're gearing up for a spectacular drop.

But the barting is so much fun!

Blue King
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April 11, 2022, 10:28:04 PM

Bitcoin today price 38.7k USD.
https://twitter.com/whowhathow5/status/1513612953466990592
Biodom
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April 11, 2022, 10:52:27 PM
Last edit: April 12, 2022, 12:11:31 AM by Biodom

<words>

My takeaway, FTA: "all signs point to the vaccinated bearing the brunt of repeat Covid infections and the immune deficits"

Those 'words' (from the mouth of MoA 'source') are pseudo-scientific gibberish.
What 'signs'? In the sky?
Here is the reality:
https://www.nytimes.com/interactive/2021/us/texas-covid-cases.html (check 90 days and ALL)

However, it is OVER now as far as MANDATORY stuff and I don't intend to do any more boosts and always rejected the 'mandatory' part.
Isn't the COVID over? It is in most peoples minds, even so it is not fully true.

Was it a great overreaction and governmental panic?
Maybe it was, but bitcoin benefited greatly (moved from 8-10K to 30-50K), so there is that.
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April 11, 2022, 10:54:43 PM
Merited by BobLawblaw (2), Biodom (1), JayJuanGee (1)

So looks like the whales are gunning for Bitcoin sub $40k and Eth sub $3k. It's mostly the Eth shitcoin market they play these days.

Trying to spook the n00bs to panic sell again. Typical.

Ah, there it is... predictable bs.

And the MSM is right on cue with the FUD...

https://www.cnbc.com/2022/04/11/bitcoin-falls-about-5percent-as-investors-assess-global-macro-risks.html
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April 11, 2022, 10:58:46 PM
Last edit: April 12, 2022, 12:14:28 AM by Biodom

I feel like we’ll see some established posters pull a mindrust in the coming months. Who’s your money on? Cheesy

Just remember, short to medium term price moves mean nothing. Fiat is dog shit, 1BTC = 1BTC. If we enter a bear market now, use it to your advantage & increase your stash.

For what it’s worth, I think we’ll go under $30,000 at some point in the next 12 months. We won’t go sub $20,000 though. $100,000 & much higher is a guarantee in 2024/25 after the next halving. Be smart, if you panic then you’re looking at too low a time preference. $100,000 & beyond in under 3 years, any kind of significant dip now is a gift.

Keep calm, HODL & stack, King’s.

"Who’s your money on?"
On you and BLB?  Cool
It's quite realistic, if you consider the past disclosures, albeit maybe not the "full midrust" (100%), but rather a "mindrust-lite" (50-75%).
Hairy already sold out, perhaps,..based on his chronic absence. The "fractal" did not pan out in the long run.
Some other folks are gone too (gentlemand? Last of the V8s?).
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April 11, 2022, 11:03:29 PM


Explanation
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April 11, 2022, 11:03:52 PM
Merited by JayJuanGee (1)

Let's get back to our roots -- wall observing. The order books are signaling more bitcoin wanting to be safe USD than I've seen in a long time. Looks like we're gearing up for a spectacular drop.

Have you considered dumping your thousands of bitcoins, then buying more back cheaper like you did in 2012?

I've got > 2000 and < 5000.  Last year when I started I remember thinking "I hope one day to have 200".  On then on the way down from $32 I kept scooping them up with my biggest haul coming in at $2.4x after the last $2.00 bounce.

Math and science.

BobLawblaw
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April 11, 2022, 11:17:43 PM
Merited by JayJuanGee (1), Paashaas (1)



Hello there.



"Who’s your money on?"
On you and BLB?  Cool

Not gonna happen. It's beyond the scope of any rationality for me to blow my entire stack at this point.

I still purpose-sell when needed for major projects, or other reinvestments, but... yeah.

Bet on someone else.

I'm too heavily invested into corn to pull a Mindrust.

I'll ride corn down to absolute $0.0 USD.

What to know why?

Because I'll be buying all that shit up before it hits $0.0 USD.

Ya dig?

Actually seriously considering liquidating a fiat portfolio to buy more corn if it hangs below $39k for much longer. Still have tax due in a few days; and have some left-over dues, so... I'm tapped out of reasonable extra liquidity entirely for at least the rest of the week.
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April 11, 2022, 11:31:54 PM

...

Still have tax due in a few days...

How does the US tax system work? Does a business pay at the start of the new year, and citizens pay in April?
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April 12, 2022, 12:01:07 AM

...

Still have tax due in a few days...

How does the US tax system work? Does a business pay at the start of the new year, and citizens pay in April?

You can file to extend documentation to October, if you want, as long as you paid 100% in April.
Corp: by the 15th day of the third month following the tax year (March 15 for calendar year).
LLCs-flowthrough to individual tax if single member, then there are franchise taxes (TX-in May).
Last year I had to pay a bit, then they hammered me with high estimated payments and now it looks like I overpaid.
Impossible to get it right (either you have paid too much or too little almost every time).
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April 12, 2022, 12:01:26 AM


Explanation
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