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

[promise444c5]

I like the chart below as two Barts were cut off.

When ever I see Barts not quite making it I believe we are very positive.


I am not a chart guy except for unfulfilled Barts and solid looking v's that cut the Barts off.

There was a side trend and may be retesting because there was false breakout from the side trend but the pattern still support an uptrend
 
Any support breakout from the uptrend should be giving a range of 42k~43k maybe less I think  that's my analysis  

[ChartBuddy]

Explanation
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[DirtyKeyboard]

ChartBuddy's 24 hour Wall Observation recap
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All Credit to ChartBuddy

[ChartBuddy]

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[ChartBuddy]

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[cygan]

[ChartBuddy]

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[ChartBuddy]

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[BitcoinBunny]

Would you rather have:

• $1 million
• 0.0000002 BTC, but doubled every day for 30 days

[somac.]

Would you rather have:

• $1 million
• 0.0000002 BTC, but doubled every day for 30 days

If bitcoiin is doubling in price every day for 30 days, I'll take the million and buy a million worth of bitcoin on day 1 and have that double for 30 days.

Is that allowed?

Maybe you should add rice as option

https://owlcation.com/stem/Rice-on-a-Chessboard-Exponential-numbers

[ChartBuddy]

Explanation
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[m2017]

~snip

This phrase sounds too philosophical. The concept of "deserve" is too loose. Did you intentionally post such a large picture so that no one would miss this common truth?

It would probably sound more plausible like this: “everyone gets bitcoin at the price that they is willing to pay now".

[Gachapin]

Would you rather have:

• $1 million
• 0.0000002 BTC, but doubled every day for 30 days

Bitcoiners know too well how exponential maths works. Unfortunately many people who take out longterm loans don't.

[ChartBuddy]

Explanation
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[ChartBuddy]

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[philipma1957]

Would you rather have:

• $1 million
• 0.0000002 BTC, but doubled every day for 30 days

1,000,000

the doubling effect is only better if you live long enough .

23 months to get to 1.6777216 btc


27 months to get to 26.9435456 btc

36 months to get to 13,743.8953472 this is  707,810,610.3808 USD at 51,500 usd

40 months to get to 219,902.3255552 more than I would need for sure

46 months to get to 14,073,748.8355328 this would be too much btc

[El duderino_]

Been to long in Belgium

So another game
Where the Dude @

[xhomerx10]

Would you rather have:

• $1 million
• 0.0000002 BTC, but doubled every day for 30 days

1,000,000

the doubling effect is only better if you live long enough .

23 months to get to 1.6777216 btc


27 months to get to 26.9435456 btc

36 months to get to 13,743.8953472 this is  707,810,610.3808 USD at 51,500 usd

40 months to get to 219,902.3255552 more than I would need for sure

46 months to get to 14,073,748.8355328 this would be too much btc

 You have to read that again @philipma1957!  I made the same mistake as you initially and then I thought it couldn't be this easy so I read it again.

 Double every day for 30 days.

Day 1: 0.0000002 BTC
Day 2: 0.0000004 BTC
Day 3: 0.0000008 BTC
Day 4: 0.0000016 BTC
Day 5: 0.0000032 BTC
Day 6: 0.0000064 BTC
Day 7: 0.0000128 BTC
Day 8: 0.0000256 BTC
Day 9: 0.0000512 BTC
Day 10: 0.0001024 BTC
Day 11: 0.0002048 BTC
Day 12: 0.0004096 BTC
Day 13: 0.0008192 BTC
Day 14: 0.0016384 BTC
Day 15: 0.0032768 BTC
Day 16: 0.0065536 BTC
Day 17: 0.0131072 BTC
Day 18: 0.0262144 BTC
Day 19: 0.0524288 BTC
Day 20: 0.1048576 BTC
Day 21: 0.2097152 BTC
Day 22: 0.4194304 BTC
Day 23: 0.8388608 BTC
Day 24: 1.6777216 BTC
Day 25: 3.3554432 BTC
Day 26: 6.7108864 BTC
Day 27: 13.4217728 BTC
Day 28: 26.8435456 BTC
Day 29: 53.6870912 BTC
Day 30: 107.3741824 BTC

 So unless we think bitcoin is going back to a little OVER 9000! in a month, or gonna do a 5X in a month (if we took the money now and bought 19.28 BTC with it) - bitcoins are the better deal but then hasn't that pretty much always been the case in the long term?

[ChartBuddy]

Explanation
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[Ambatman]

Would you rather have:

• $1 million
• 0.0000002 BTC, but doubled every day for 30 days

If bitcoiin is doubling in price every day for 30 days, I'll take the million and buy a million worth of bitcoin on day 1 and have that double for 30 days.

Is that allowed?

Maybe you should add rice as option

https://owlcation.com/stem/Rice-on-a-Chessboard-Exponential-numbers

Is good you used if,  because Imo it's practically impossible for Bitcoin price to double everyday especially in this stage.


I would pick the 0.0000002BTC to be doubled every day in 30days.
xhomerx10 has already shown why it's beneficial
107BTC is around $5.35Million with Btc price priced at $50K.
Now we in a bull run
The profit when it would be priced around $180K would be mouth watering.

I think philipma1957 thought it would be doubled every 30days.