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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11.2%)
8/4 - 16 (16.3%)
8/11 - 7 (7.1%)
8/18 - 5 (5.1%)
8/25 - 7 (7.1%)
After August - 51 (52%)
Total Voters: 98

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26455979 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.)
cAPSLOCK
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September 26, 2022, 01:51:21 PM

I usually have some idea where we are headed.  I am frequently wrong.  Lol.  But I have no idea right now.  World currency markets... China commanding central banks to start buying stocks... rumors of coups, populist victories in the EU, markets in major flux.

Bitcoin kicking out blocks ~10:09  minutes each...  hashrate near ATH.

Cornfused.  Ah well, my strategy remains the same, lol.
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September 26, 2022, 02:04:50 PM


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philipma1957
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September 26, 2022, 02:05:48 PM
Last edit: September 26, 2022, 02:18:22 PM by philipma1957
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I usually have some idea where we are headed.  I am frequently wrong.  Lol.  But I have no idea right now.  World currency markets... China commanding central banks to start buying stocks... rumors of coups, populist victories in the EU, markets in major flux.

Bitcoin kicking out blocks ~10:09  minutes each...  hashrate near ATH.

Cornfused.  Ah well, my strategy remains the same, lol.

Quote
https://www.bitrawr.com/difficulty-estimator

Latest Block:   755794  (2 minutes ago)
Current Pace:   98.4479%  (1811 / 1839.55 expected, 28.55 behind)
Previous Difficulty:   30977051760460.06                            
Current Difficulty:   32045359565303.14                            
Next Difficulty:   between 31548393368118 and 31553453190391

Next Difficulty Change:   between -1.5508% and -1.5350%

Previous Retarget:   September 13, 2022 at 3:28 PM  (+3.4487%)
Next Retarget (earliest):   Tomorrow at 8:43 PM  (in 1d 10h 39m 1s)
Next Retarget (latest):   Tomorrow at 8:46 PM  (in 1d 10h 42m 19s)
Projected Epoch Length:   between 14d 5h 14m 32s and 14d 5h 17m 49s


and bitmain is selling a 100th s19 pro for 1900 with a 30% coupon off next purchase

this is a lot like 2018

i am more prepped. we now have put in a 260-280 kwatt solar system.

this will provide 45-48 kwatts 24/7/365

that is 15 to 16 s19 pros with no power cost.

roughly 1500-1600 th

which is now just about 100 usd in btc. since solar is a sunk cost and generous programs ie subsidized money the solar is basically free cost and free power.

so at the shit price of coin right now we will make 36500 worth of btc in the next year or 2 btc

this does not include the other prepaid power or other gear online.

so we are expanding in a bear market with low risk.

when and if the raise the rates ends bull comes back for btc.

but-in the meantime my bond assets are whaling.

I am properly hedge with bond to gear ratios changing as i type.

I also have a huge amount of gpus which are mining at break even have to wait them out for now.

Lot of fun playing with this.

And I have managed to create a huge capital loss for 2022 which will help in future years when I want to cash my holdings.

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September 26, 2022, 02:38:50 PM
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September 26, 2022, 03:03:27 PM


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eXPHorizon
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September 26, 2022, 03:27:54 PM

Man i hate these kind of folks when they keep talking and talking and talking.. taking up whole hours or threads but they dont say anything with their talking.. what a nuiscance
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September 26, 2022, 04:04:51 PM


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September 26, 2022, 04:57:55 PM
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Greetings bulas
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September 26, 2022, 05:04:51 PM


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September 26, 2022, 05:07:27 PM

Bitcoin holding up pretty well considering the currency crash that is currently happening globally. I guess if you aren’t American and your currency is crashing hard, then maybe Bitcoin is beginning to look like a safe haven. Valued in US dollars though, it would appear that cash is still King. I have a feeling we’re in for some pain ahead as things begin to normalize in the near term.
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September 26, 2022, 05:45:11 PM

₿itcoin is the pin.
Everything else is a bubble.



https://twitter.com/BTC_Archive/status/1574446622754365445?t=izUPP64wVRygJpoXeShx7g&s=19
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September 26, 2022, 05:55:41 PM

Bitcoin holding up pretty well considering the currency crash that is currently happening globally. I guess if you aren’t American and your currency is crashing hard, then maybe Bitcoin is beginning to look like a safe haven. Valued in US dollars though, it would appear that cash is still King. I have a feeling we’re in for some pain ahead as things begin to normalize in the near term.

Yes that true but the real issue is majority are busy discussing about future of bitcoin from here on. Some says it's bottom, while some says it will go further down to 14k or 8k and bla bla.
You need to have trust in bitcoin and that trust should based on historical price chart of bitcoin. Bitcoin always hit back strongly after a fall back.
Cygan picture very well sums up the current scenario.



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September 26, 2022, 06:04:55 PM


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September 26, 2022, 06:05:10 PM

.....Now Italy has voted for populists in the hope they can do something. That will end it tears, most probably.
Gee, I wonder why??

https://en.wikipedia.org/wiki/Demographics_of_Italy


The Italianos are like rabbits over there.    Shocked Shocked Shocked

I heard you guys like to talk about 200-week moving average.... ok but to me bitcoin is different may be this is is good for stocks but you can't put those formula here to get similar results anyway still its a good graph for the eyes staying below the line like how many? 3-4 months now?

How about a dip to 12k-14k and then 10x?


https://twitter.com/100trillionUSD/status/1574335198682316800

Sure.. anything is possible.

Are you trying to weasel in on the gallianooo-side of the current contemplated bet?

What odds are you giving to $12k-$14k?
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September 26, 2022, 06:17:55 PM

The Top 10 levels of Bitcoin adoption this year:

1. Vietnam 🇻🇳
2. Philippines 🇵🇭
3. Ukraine 🇺🇦
4. India 🇮🇳
5. U.S 🇺🇸
6. Pakistan 🇵🇰
7. Brazil 🇧🇷
8. Thailand 🇹🇭
9. Russia 🇷🇺
10. China 🇨🇳

Source:
cAPSLOCK
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September 26, 2022, 06:43:23 PM

The fact that BTC's price is expressed in USD makes it probably a great flight of safety for many of us here unfortunate enough to have to deal with an even dirtier FIAT system than what the FED has managed to manipulate everyone in the States and well beyond, into using.

I have to hand it to the FED, they are true cocksuckers, but smarter cocksuckers than other central banks.

Well they cornered the world.  But now the cracks are showing.  Still a LOT of power behind that stuff though.
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September 26, 2022, 06:51:49 PM

Ah man - aired 28 years  ago ! Art predicting the future again  Smiley



https://twitter.com/benjameslucas/status/1574384669294039042?s=21&t=2_RdJOOiC2uxNZb_EXbMpQ


 
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September 26, 2022, 06:55:04 PM

https://youtu.be/5p2k55F-uag
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September 26, 2022, 06:56:09 PM

The fact that BTC's price is expressed in USD makes it probably a great flight of safety for many of us here unfortunate enough to have to deal with an even dirtier FIAT system than what the FED has managed to manipulate everyone in the States and well beyond, into using.

I have to hand it to the FED, they are true cocksuckers, but smarter cocksuckers than other central banks.

Well they cornered the world.  But now the cracks are showing.  Still a LOT of power behind that stuff though.

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September 26, 2022, 06:58:30 PM

It is quite unlikely that the amounts would get any higher if I am involved in the bet, but if other members want to get into our bet, then the amounts could get higher, and maybe even we could reach gallianooo's wish for a 1 BTC bet, but really I am suspecting that he is proposing a 1 BTC bet because he is trying to get out of actually making a real bet.. .that's my tentative speculation why he proposed (I was going to say "that dweeb" but I will be nicer, for the moment in order to keep the dialogue open.. . hahahahaha) a 1 BTC bet amount. blablabla.
JJG...

You really speak TOO MUCH,

Tell me something that I have not heard 100,000 times before.

and you are moving around...

That's not true.  I was not initially prepared to solidify anything in the lower ranges, but I did give you a $14k number.. so maybe you are just having troubles following.. so I cannot really blame uie-pooie for that. 

I will say that the more that we speak about this, it does seem that I am potentially narrowing down into three possible bet proposals from my end that involve your pre-April 1 date. As I largely stated in my earlier post:

1) I give you 4/1 on sub $10k

2) I give you 2/1 on sub $13k

3) we do 1/1 on sub $15k (I had not previously agreed to this, but I would be willing to bet against sub $15k as a 1/1 for funzies.

You could agree to any one of them or all three of them.  Of course, each one would require the agreed to bet amounts, but I would be willing to back mine as long as the bet amounts were 100k satoshis-ish.. so then in that scenario my payouts would be 100k/200k/400k for each of the three if each of the three was to happen (so if all three were entered, I would have to put up 700k satoshis), but you would have to put up 100 for each of the three or any of the three that you choose.

Yes, i said 10%+ chance for 10K$ below and obv. we dont have the bottom yet.
 

Whoaza!!!!!   There you go.  Returning to outrageous language.  It is not obvious that our bottom is not in, even if it might potentially be greater than 50/50 that our bottom is not in, so the fact that you use such strong language seems that we could arrive at bettable term for lower price thresholds, but you would probably have to give me odds.. especially since you believe it is so damned obvious that our bottom is not in.  What kind of odds would you give me on staying above $17,593?  20 to 1?  If you think that it is obvious, it should not be a problem for you to give me decently high odds on that, no?  If that number is too extreme, we might be able to work on a number that involves whether the bottom is in or not... since you think that it is "obviously" not in, and I don't agree with that kind of bullshit absolutist kind of language that you are spouting out and then you back off from it if I want you to back it up with more than just absolutist cock-sure rhetoric.
 
Then YOU started to talk for a bet. You talked as well about 14K$, then bit more, but not on the 16-17K$. I just did an average of what you said (16.5+14)/2=15,250
 

Averaging makes little sense, and hopefully you can appreciate my reservations.. and hopefully you can also appreciate that some of the value in betting comes from when the parties are betting on the extremes of their assertions and beliefs if such extremes happen to exist.  If we largely see the world very similar and without too much difference in terms of probabilities, then there is nothing that is really bettable there. On the other hand, from my perspective, you keep using strong language, but then when it comes down to details, then we can see that our opinions might not be as different as you seem to be wanting to make them out to be - especially if you are not standing behind the more extreme variations that you seem to be verbally asserting on a fairly regular basis - and attributing me to being the opposite of your more "realistic" view of the BTC price dynamics world.
 
We are both in BTC since almost 8 years or more.

At the end of November I will be at 9 years for my starting date, even though it did take me about a year to build up my BTC position and to start to feel as if I had more or less established a ballpark of what I thought was going to be my target stake.

Come on, we are not at the kinder garden to bet the snack break...

Fuck off with your trying to act like a big baller nonsense.  I already provided plenty of reason why I am likely not going to bet beyond around 100 satoshis - per bet - and sure if there is a multiplier in there or multiple ways to frame the bet, then I might be willing to add variables or to structure various bets (perhaps?), then the amount could end up adding up to more, and sure there might be some guys willing to bet larger amounts with you on terms that you would like, but we have not quite narrowed down the other terms anyhow.
 
I'm quite disappointed of what you said after being kind of swagger but wants to bet some peanuts.

Well, if we work out the terms, there might be someone who might be wiling to bet you on the same terms with a higher amount.  If you keep going on about this point, it sounds to me that you are trying to find some reason to weasel out of the bet.. rather than really trying to figure out some possible agreeable terms.  Let's say that we bet this time, then maybe we would be able to bet again in the future with larger amounts.. but I am not going to starty getting distracted by amounts.. .. in order to prove something that is not necessary to prove (well, not for me anyhow.. you fuck).
 
So maybe next time, stay away on these kinds of affirmation and proposition.

Have a good one'

I guess you are a weasel.  I think that I have proposed largely reasonable terms to attempt to capture where our differences might lay.. to the extent that we have material and potential differences that go beyond mere words (semantics).
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