OutOfMemory
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Activity: 1596
Merit: 3157
Man who stares at charts
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August 27, 2023, 06:54:24 AM |
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Seems like $26,000 is the new steady-state price... For how long? "Please, Bitcoin, do something!" etc., etc.
It always locks on round numbers. Must be human psychology. Would be interesting to see the price lock at $26,450 for a change. Or, even better, lock at $264,500.
(Most) folks just tend to be drawn to simplicity. I confess, me too. "Buy and hodl" is my favourite
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 07:04:51 AM |
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ExplanationChartbuddy thanks talkimg.com
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AlcoHoDL
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Activity: 2422
Merit: 4360
Addicted to HoDLing!
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August 27, 2023, 07:48:31 AM Merited by hisslyness (1) |
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Seems like $26,000 is the new steady-state price... For how long? "Please, Bitcoin, do something!" etc., etc.
It always locks on round numbers. Must be human psychology. Would be interesting to see the price lock at $26,450 for a change. Or, even better, lock at $264,500.
(Most) folks just tend to be drawn to simplicity. I confess, me too. "Buy and hodl" is my favourite Back in the early days, I used to set limit prices based on the digits of Pi or other math constant. Like $314.159. It was fun to spot the transaction as it went through in the order book. Now I just do round numbers like the rest of us. PS: This could even be an OPSEC issue I guess (but I bet there are many more OCD types out there)...
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 08:03:25 AM |
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ExplanationChartbuddy thanks talkimg.com
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DYING_S0UL
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August 27, 2023, 08:28:47 AM |
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Seems like $26,000 is the new steady-state price... For how long? "Please, Bitcoin, do something!" etc., etc.
It always locks on round numbers. Must be human psychology. Would be interesting to see the price lock at $26,450 for a change. Or, even better, lock at $264,500.
(Most) folks just tend to be drawn to simplicity. I confess, me too. "Buy and hodl" is my favourite Back in the early days, I used to set limit prices based on the digits of Pi or other math constant. Like $314.159. It was fun to spot the transaction as it went through in the order book. Now I just do round numbers like the rest of us. PS: This could even be an OPSEC issue I guess (but I bet there are many more OCD types out there)... What do you guys think will happen? Will it hit 35k by the end of 2023 or it go down 25k? Waiting a lot for the outcome.
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 09:03:29 AM |
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ExplanationChartbuddy thanks talkimg.com
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Lucius
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Donate to a noble cause🚑 - Link in profile
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August 27, 2023, 09:26:44 AM |
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What do you guys think will happen? Will it hit 35k by the end of 2023 or it go down 25k? Waiting a lot for the outcome.
Why do you think that someone can give you a precise answer to that question? We can speculate as much as we want, but it will not make us any smarter to come up with an answer that could be considered precise in the sense you expect. Scenario A is that something positive will happen that will push the BTC price up, and scenario B is that something negative will happen that will keep the price below $30 000. Anyway, expecting a big bull run in the year before the halving has so far turned out to be an unrealistic option, but no one is stopping you from hoping, you can even write a letter to Santa Claus to make your wish come true
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Mr.right85
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August 27, 2023, 09:43:47 AM |
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What do you guys think will happen? Will it hit 35k by the end of 2023 or it go down 25k? Waiting a lot for the outcome.
Why do you think that someone can give you a precise answer to that question? We can speculate as much as we want, but it will not make us any smarter to come up with an answer that could be considered precise in the sense you expect. Scenario A is that something positive will happen that will push the BTC price up, and scenario B is that something negative will happen that will keep the price below $30 000. Well, the user was trying to infer on what common thoughts might be and probably not expecting an precise speculation and where the bench mark for the year ending would be but then. I just think this is some of the ways in which speculation ought yo have been done like you have outlined there. Not just looking at the positive aspect to where price could sit in the end of the year but also, take a walk to the wild and negative side where one could hope the worst would sit as well. In all, you stil have yo acknowledge that it could either be the more worst than speculated or better.
You know, I’ve come to a realization that just hit me on how, this board could be very important to the forum being bitcoin concerned and the hourly price update even as it’s AI generated and I didn’t expect it not to be. Many at times, we get to live the forum to other sites like Coinmarketcap, Coinbase, etc to reference the bitcoin price but yet, we’ve got an almost mirror price reflection right here on speculation/wall observer. Not paying attention to detail ( Observe) seem to have got the most of most of us and the terms to sig.
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 10:04:52 AM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 11:04:52 AM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 12:03:30 PM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 01:01:20 PM |
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ExplanationChartbuddy thanks talkimg.com
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Lucius
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Activity: 3290
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Donate to a noble cause🚑 - Link in profile
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August 27, 2023, 01:43:49 PM |
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Is it twenty-six or twenty-nine,🤔 does Buddy have a secret mine👷 is he sitting in front of the screen👨💻 or enjoying the shade of the pines🌲
Good luck Buddy in the new week🍀
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 02:03:26 PM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 03:04:56 PM |
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ExplanationChartbuddy thanks talkimg.com
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SamReomo
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August 27, 2023, 03:27:23 PM |
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Hey $30k I'm waiting for you once again!
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 04:04:53 PM |
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ExplanationChartbuddy thanks talkimg.com
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AlcoHoDL
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Activity: 2422
Merit: 4360
Addicted to HoDLing!
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August 27, 2023, 05:00:00 PM |
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It rises a notch. Lower species watch and drool. They now understand.
They joked and they laughed, When instead they should have bought. Who's laughing now, huh?
Some mined for the lulz, Then forgot to keep the keys, Or lost their hard drives.
Well, they did their part, By distributing their coins, To the rest of us.
A great invention! Thermodynamics at work! Universal wealth!
It's there in the code. It happens every two weeks, Keeping the balance.
So, reader, listen! Even if you don't get it, Go buy some corn NOW!
#7sundayhaikublabberings
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ChartBuddy
Legendary
Online
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 27, 2023, 05:04:52 PM |
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ExplanationChartbuddy thanks talkimg.com
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DYING_S0UL
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August 27, 2023, 05:05:07 PM |
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It rises a notch. Lower species watch and drool. They now understand.
They joked and they laughed, When instead they should have bought. Who's laughing now, huh?
Some mined for the lulz, Then forgot to keep the keys, Or lost their hard drives.
Well, they did their part, By distributing their coins, To the rest of us.
A great invention! Thermodynamics at work! Universal wealth!
It's there in the code. It happens every two weeks, Keeping the balance.
So, reader, listen! Even if you don't get it, Go buy some corn NOW!
#7sundayhaikublabberings
Would rather buy BTC then corn. Nice poem BTW. You wrote it?
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