Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation
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[AlcoHoDL]

I cannot remember your exact story in terms of your bitcoin entry date, AlcoHoDL.. but I was thinking that maybe you were only a couple of years after me...

[...]

August 2015 was my first transaction. Paid $120, got 0.5 BTC, left it in my phone, forgot about it. 3 months later it had become $200. I remember the market cap then was single-digit billions, maybe $5B (currently $800B -- 160x). I remember I was checking CoinMarketCap. Not even registered to BitcoinTalk. All purchases done via Bitcoin ATMs. No exchanges.

Great times...

[ChartBuddy]

Explanation
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[philipma1957]

So basically I remember JJG fucking around and saying there is no 4 year cycle (at least 2 years ago)

Doesn't sound like the same JJG that I know.

<snip>

When I look at the reward to fee next 3  ½ ings if miners keep force fees to stay at 30 stats

10 percent fee per block   now
18 percent fee per block   2024
31 percent fee per block.  2028
47 percent fee per block   2032

what does all of the above mean for supply shock?
say

6.95000  now
3.82500  2024
2.26250  2028
1.48125  2032

if fees flatten out at .7 btc per block. the ½ effect ends  by 2036 or sooner if fees go to a steady 1 btc  a block

You come up with some doosies, sometimes... and yeah there are going to be changes in the ratios in which miners are more dependent upon fees rather than subsidies.. so yeah, each halvening we will see the extent to which the BTC price goes up which would be at least doubled ever four years for the halvening to have the same effect on the reward... so surely, it is difficult to predict that many legs in advance without necessarily knowing price, and if BTC price doubles every 4 years, then perhaps that is enough to have the subsidies to have the same effect, but we know adoption is going up too.. so usage and fees are likely to go up, as you project... so in the end ?  what is the punchline?  

[/quote]


<snip>

[/quote]



JJG we did

50         +  0.05 =   50.05
25         +  0.05 =   25.05       this looks like a real true ½ ing to me
12.5      +  0.10 =   12.60          "     "   "       "     "
6.25      +  0.70 =     6.95         "        "

3.125     + 0.70 =    3.825        this looks almost like  a ½ ing

1.5625   + 0.70 =    2.2625         this is not what any ½ ing has ever looked like      4 years and 4 months from now
0.78125 + 0.70 =    1.48125       this is certainly far different than anything we have seen in terms of ½ ing

So my point is do we see unexpected changes in 2024 a different cycle pattern

We will certainly see them in 2028 as the ½ ing will not really be one

2028 is not that far from today do other see this and plan to exit sooner than you predict? Or for that matter does this act to drive price up more than expected.

the 2024 to 2028 time slot is truly "different" than any prior as there will not be a supply drop of great significance.

[OutOfMemory]

[...] I feel it's just a chance for you guys to buy more who missed the 15K, 20K, 25K, 30K and waited for more dip.

[...]

 



It is time to get beyond MtGox for good, it gets a little old and annoying after 10+ years. So please forgive our sins holding coins on a playing cards exchange, and let's get it out of the way for a clean run to new ATH's.

Seconded.
We survived FTX, so Gox should be not much of an issue, in down terms.
Also, only idiots who get paid out in Bitcoin would sell, i guess there were far less of them in the old times...

[Erumo]

Ouch.

Ay Caramba! Whales Take Profit Making ETH and BTC dip creating a Bart Simpson Pattern And Liquidating A Lot of Shorts! What Comes Next?

Why would we give any shits about Ethereum in these here parts?

Possible market trend change? How about good old "BTC is down because people withdraw crypto to fiat to buy Xmas presents" ? That excuse always worked.

And then "crypto?"  Why do you want to talk about that?  to the extent that "crypto" means anything that might be related to topics of his thread?

I beg your pardon. I wanted to look smart, but I have failed.

[ChartBuddy]

Explanation
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[heslo]

Who’s ready for UP again

You merely adopted the uppity. I was born in it, molded by it....



Yes, I'm ready 

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[tjtonmoy]

01001101 01100001 01111001 01100010 01100101 00100000 01000011 01000010 00100000 01110011 01110000 01100101 01100001 01101011 01110011 00100000 01100010 01101001 01101110 01100001 01110010 01111001 00101110

01001001 00100000 01110011 01100101 01100101 00100000 01110111 01101000 01100001 01110100 00100000 01111001 01101111 01110101 00100000 01100100 01101111 01101110 01100101 00100000 01110100 01101000 01100101 01110010 01100101 00100001 00100000 01010100 01101000 01101111 01110011 01100101 00100000 01110111 01101000 01101111 00100000 01101011 01101110 01101111 01110111 00101100 00100000 01101011 01101110 01101111 01110111 00100001 00001010 00001010 01000011 01000010 00100000 01101001 01110011 00100000 01100001 01101100 01110111 01100001 01111001 01110011 00100000 01110111 01100001 01110100 01100011 01101000 01101001 01101110 01100111 00100001

01111001 01101111 01110101 00100000 01100001 01110010 01100101 00100000 01101110 01101111 01110100 00100000 01100001 01101100 01101111 01101110 01100101 00100000 01100010 01110101 01100100 01100100 01111001 00101110 00100000 01001001 00100000 01100001 01101101 00100000 01101000 01100101 01110010 01100101 00100000 01110100 01101111 01101111
01101100 01100101 01110100 00100111 01110011 00100000 01110100 01100001 01101100 01101011 00100000 01101001 01101110 00100000 01100011 01101111 01100100 01100101 01110011

[BitcoinBunny]

Who’s ready for UP again

You merely adopted the uppity. I was born in it, molded by it....



Yes, I'm ready 

Never understood the hate towards that movie. Thought it was incredible.


As is Godzilla Minus One. 10/10.

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[snowpega]

Because brain is excited for halving Event.

[bitcoinPsycho]

Bottom?

[Volgastallion]

I was reading the last pages of the thread, and i want to make a mention.

When everybody talks about 100usd per week into investing in BTC, that its quite good and sustainable for first level countries, but in low income countries sadly if you dont catch the BTC in their very very early stages is difficult right now to accumulated some decent quantity.

Also in second level countries like Brazil it can be so much money for the regular person. The other problem in very low countries was, in the very eraly stages of btc like 2010 until 2015 it was difficult also to buy BTC, because in some cases people doesnt have internet or even where to buy, and in a lot of countries the acces to foreign currency is difficult.

Now that problems still exist b ut the market is much bigger than before and you have the opportunity to buy more easily, but now you cant buy so much with a very low income.

[ChartBuddy]

Explanation
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