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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1.1%)
7/28 - 11 (12.2%)
8/4 - 16 (17.8%)
8/11 - 7 (7.8%)
8/18 - 5 (5.6%)
8/25 - 7 (7.8%)
After August - 43 (47.8%)
Total Voters: 90

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26438367 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.)
AlcoHoDL
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June 11, 2024, 01:59:00 PM
Merited by vapourminer (1), Hueristic (1)

This is not a game.
Red color causing me pain.
MtGox is to blame.

#bruisedandbatteredhaiku
ChartBuddy
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June 11, 2024, 02:01:15 PM


Explanation
Chartbuddy thanks talkimg.com
Hueristic
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June 11, 2024, 02:04:04 PM

This is not a game.
Red color causing me pain.
MtGox is to blame.

#bruisedandbatteredhaiku

HAHa, at the exact point where I read "MtGox is to blame." the vid I was watching said blame at the exact time. LOL

Little things in life amuse me. Smiley

https://youtu.be/OdF5erDRO-c?t=1025
BitcoinBunny
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June 11, 2024, 02:12:34 PM
Merited by nutildah (2)

1 BTC = 34 billion trillion Zimbabwean dollars by end of year, confirmed by the author of Lying Dad, Scamming Dad.
Hueristic
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June 11, 2024, 02:15:43 PM

I really doubt we are breaking the ATH this summer. After the election we might get some up significant movement but at the moment demand just isn't there or maybe supply is just insatiable. I’m thinking supply and I'm convinced there is a lot of paper bitcoin being printed at the moment.

In the meantime just DCA.

Nice to see you, how you been?
BitcoinBunny
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June 11, 2024, 02:22:16 PM
Merited by JayJuanGee (1)

Never forget: Paris Hilton and Jimmy Fallon shilling bearded ape shite NFTs on lame stream media in early 2022:

https://www.youtube.com/watch?v=5zi12wrh5So

(about 3:40 in)
OutOfMemory
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June 11, 2024, 02:26:49 PM
Merited by Hueristic (1)



I was thinking of getting an I7 14700khttps://www.newegg.com/intel-core-i7-14700k-core-i7-14th-gen/p/N82E16819118466?

Intels are garbage now.

This says that it depends on your range (for gaming):

https://www.tomshardware.com/reviews/best-cpus,3986.html

Quote
Overall Best CPU for Gaming: $350 to $400   AMD Ryzen 7 7800X3D (Buy) [More]   Intel Core i7-14700K (Buy)
Value Best CPU for Gaming: $200 to $250   AMD Ryzen 5 7600X (Buy)  [More]   Core i5-13400 (Buy) | Ryzen 7 5700X3D (Buy)
Highest Performance Best CPU for Gaming: $500+   AMD Ryzen 9 7950X3D (Buy) [More]   Intel Core i9-13900K (Buy)
Mid-Range Best CPU for Gaming: $250 to $300   Intel Core i5-13600K (Buy) [More]   Ryzen 7 5800X3D (Buy)
Budget Best CPU for Gaming: $100 to $150   Intel Core i3-12100F (Buy) [More]   AMD Ryzen 5 5600 (Buy)
Entry-Level Best CPU for Gaming: (iGPU)    Ryzen 5 8600G (Buy) [More]   AMD Ryzen 5 5600G (Buy)

 I looked into the Ryzen7-7800X3D only because it's more available than the i7-14700F but it's only ~$30 cheaper but it's ~twice the wattage and nearly 25% slower.  I can't get an i7-14700F anywhere near me right now that isn't already in a machine.

Please look at realistic test results, because Ryzen performs not as good as Ix in the labs, but since multiple cpu vulnerabilities in intels microprocessors are patched at bios and OS level, the intels often perform worse in real world usecases.

Just my 2 cents.
Gachapin
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June 11, 2024, 02:46:35 PM
Last edit: June 11, 2024, 03:03:38 PM by Gachapin
Merited by JayJuanGee (1)

We all know that official inflation numbers are pure fantasy.  But even when using these we need to hit around 80K for a new ATH.
https://www.usinflationcalculator.com/

However, the real numbers should be about 12% per year (and I think that's still very conservative).  Then the real new ATH is around 97k, if we hit it this year.


So let's assume this cycle high will be just double the 69k from last cycle... that means we top at 217k ! (69k x 2 x 1.12^4 = 217k)


But again, 12% is probably too conservative, as is to assume just a doubling.

With a tripling of 69k we top at 325k.


Just something to think about if you plan to sell when we cross 100k.
Hueristic
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June 11, 2024, 02:46:45 PM
Last edit: June 11, 2024, 02:58:49 PM by Hueristic
Merited by OutOfMemory (2), JayJuanGee (1)



I was thinking of getting an I7 14700khttps://www.newegg.com/intel-core-i7-14700k-core-i7-14th-gen/p/N82E16819118466?

Intels are garbage now.

This says that it depends on your range (for gaming):

https://www.tomshardware.com/reviews/best-cpus,3986.html

Quote
Overall Best CPU for Gaming: $350 to $400   AMD Ryzen 7 7800X3D (Buy) [More]   Intel Core i7-14700K (Buy)
Value Best CPU for Gaming: $200 to $250   AMD Ryzen 5 7600X (Buy)  [More]   Core i5-13400 (Buy) | Ryzen 7 5700X3D (Buy)
Highest Performance Best CPU for Gaming: $500+   AMD Ryzen 9 7950X3D (Buy) [More]   Intel Core i9-13900K (Buy)
Mid-Range Best CPU for Gaming: $250 to $300   Intel Core i5-13600K (Buy) [More]   Ryzen 7 5800X3D (Buy)
Budget Best CPU for Gaming: $100 to $150   Intel Core i3-12100F (Buy) [More]   AMD Ryzen 5 5600 (Buy)
Entry-Level Best CPU for Gaming: (iGPU)    Ryzen 5 8600G (Buy) [More]   AMD Ryzen 5 5600G (Buy)

 I looked into the Ryzen7-7800X3D only because it's more available than the i7-14700F but it's only ~$30 cheaper but it's ~twice the wattage and nearly 25% slower.  I can't get an i7-14700F anywhere near me right now that isn't already in a machine.

Please look at realistic test results, because Ryzen performs not as good as Ix in the labs, but since multiple cpu vulnerabilities in intels microprocessors are patched at bios and OS level, the intels often perform worse in real world usecases.

Just my 2 cents.

This is the results with all bios patches applied for both.

https://youtu.be/lxkRkaU8vVM?t=924

For those that don't know, cinebench is the goto benchmark for workloads.
Callido
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June 11, 2024, 02:56:16 PM

We all know that official inflation numbers are pure fantasy.  But even when using these we need to hit around 80K for a new ATH.
https://www.usinflationcalculator.com/

However, the real numbers should be about 12% per year (and I think that's still very conservative).  Then the real new ATH is around 97k.


So let's assume this cycle high will be just double the 69k from last cycle... that means we top at 217k ! (69k x 2 x 1.12^4 = 217k)


But again 12% is probably too conservative, as is to assume just a doubling.

With a tripling of 69k we top at 325k.


Just something to think about to all of you planning to sell when we cross 100k.
Your analysis might be correct or slightly inaccurate but at most we can speculate that we must surely get above 100k value in Bitcoin. At most our expectations should be something double of our last ATH, base on speculation from past occurrences or it might even be more than we expect. The climax of it all is that those who will take the opportunity to hold for that long period must surely get more profits than those who sold earlier on little profits. It is left on us, either to sell or hold but the better choice would be to keep holding.
ChartBuddy
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June 11, 2024, 03:01:18 PM


Explanation
Chartbuddy thanks talkimg.com
AlcoHoDL
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June 11, 2024, 03:05:26 PM
Merited by Hueristic (1)

This is not a game.
Red color causing me pain.
MtGox is to blame.

#bruisedandbatteredhaiku

HAHa, at the exact point where I read "MtGox is to blame." the vid I was watching said blame at the exact time. LOL

Little things in life amuse me. Smiley

https://youtu.be/OdF5erDRO-c?t=1025

LOL, yes, little "coincidences" like this make you wonder...

Interesting video too. I have an i9 13-th gen. Fuck. I knew I should have gotten an AMD...
xhomerx10
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June 11, 2024, 03:29:05 PM

This is not a game.
Red color causing me pain.
MtGox is to blame.

#bruisedandbatteredhaiku

HAHa, at the exact point where I read "MtGox is to blame." the vid I was watching said blame at the exact time. LOL

Little things in life amuse me. Smiley

https://youtu.be/OdF5erDRO-c?t=1025

LOL, yes, little "coincidences" like this make you wonder...

Interesting video too. I have an i9 13-th gen. Fuck. I knew I should have gotten an AMD...

 I still think for the price, the i7-14700F is the better chip.  It doesn't seem to be involved in the misreoresentation-gate either but I'm still researching.

https://nanoreview.net/en/cpu-compare/intel-core-i7-14700f-vs-amd-ryzen-7-7800x3d
d_eddie
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June 11, 2024, 03:43:07 PM
Merited by El duderino_ (8), vapourminer (1), AlcoHoDL (1)

Still shorting the corn?
Mind the degenerate apes
Remember Gamestop





#haiku
Paashaas
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June 11, 2024, 03:54:42 PM

Fck those bulltards on X.

There is currently no such thing as a bull market.
d_eddie
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June 11, 2024, 03:55:42 PM

Sometimes I really wish there was something like the Wallstreetbets subreddit but for whales. A place where Michael Saylor and his gang could coordinate to take advantage of the damn shorters and buy cheaper corn when these shorts happen. That would teach them for good.
d_eddie
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June 11, 2024, 03:56:21 PM

Fck those bulltards on X.

There is currently no such thing as a bull market.

...and sometimes I wish we had negative merits Tongue
ChartBuddy
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June 11, 2024, 04:01:15 PM


Explanation
Chartbuddy thanks talkimg.com
BitcoinBunny
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June 11, 2024, 04:05:02 PM

Hunter Biden found guilty on all counts.
JimboToronto
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June 11, 2024, 04:30:05 PM
Merited by vapourminer (1), Hueristic (1), JayJuanGee (1), nutildah (1)

Hunter Biden found guilty on all counts.

Hunter Biden and Donald Trump would be great cellmates.  Grin
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