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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26491115 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.)
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October 07, 2024, 08:01:15 PM


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October 07, 2024, 08:15:12 PM
Merited by JayJuanGee (1), psycodad (1)

Wow.  Auroras came back to life.  I'm not near my computer right now but Europe might be in play again tonight.  Look up.

Forecast says north of Europe should have a fair chance.

 Anyone living above the thin red line has a chance to see the aurora right now.  You might have to get somewhere dark but they're painting the skies.




edit: oops! I almost forgot -thank you https://aurorasaurus.org/
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October 07, 2024, 08:20:54 PM
Merited by JayJuanGee (1)

Nasdaq declined into close, oil rose sharply, chinese stocks had an intraday dip of almost 5% for some, then recovered (Btw, large chinese caps like BABA or JD popped 50-90% in the last few weeks...crazy).

Fast markets...with bitcoin being relatively steady.
I wonder what this portends?
Don't want to make guesses...
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October 07, 2024, 08:43:57 PM




edit: oops! I almost forgot -thank you https://aurorasaurus.org/
The Green reminded me of Gamma Rays
And is Like Hulk screaming "Hulk smash little $65K monster "
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October 07, 2024, 09:01:17 PM


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October 07, 2024, 10:01:15 PM


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what is this "brake pedal" you speak of?


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October 07, 2024, 10:55:19 PM
Merited by El duderino_ (10), psycodad (1)

its now time for the penguin on top of your television set to explode
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October 07, 2024, 11:00:13 PM

its now time for the penguin on top of your television set to explode

Huh? Must be a cultural reference I am not familiar with...
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October 07, 2024, 11:01:14 PM


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October 07, 2024, 11:21:10 PM
Last edit: October 08, 2024, 12:03:17 AM by Biodom
Merited by JayJuanGee (1), bitebits (1)

Past does not indicate the future, but let's take a look:

AMZN, AAP and GOOGL ten years ago were in the middle of their multi-decade run (and were already dominant multi hundred billion [in market cap] companies).

In Oct 2014:
AMZN was about $16.2, now 180.8 (11.16X)-28% yearly appreciation
AAPL was about $24.5, now 222 (9.04X)-24.55% yearly appreciation
GOOGL was $28.9, now 163 (5.64X)-19% yearly appreciation

Average: 23.85% appreciation in 2014-2024 period.

Bitcoin had 44% yearly appreciation from 1160 in 2013 till now.
M.Saylor was saying that it had 40% appreciation recently, but will decrease somewhat going forward.

It is entirely possible that in the next 10 years bitcoin would slow down to somewhere between 35 and 25% based on the current status and comparing with most dominant companies.
If the number would be 35%, then in Oct 2034, btc would be 1266K and if 25%, 587K (with 926-927K average).
I am not taking into account the halving "schedule"...it very well may be that the peak in the next 10 years would be in 2033, instead,  Cheesy

These numbers make sense to me...
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October 08, 2024, 12:01:16 AM


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October 08, 2024, 12:54:09 AM
Merited by El duderino_ (4), JayJuanGee (1)

its now time for the penguin on top of your television set to explode

Huh? Must be a cultural reference I am not familiar with...

 I was never a fan of Monty Python but my friends were.  I'm usually quiet and reserved but I was -->|<-- that close to knocking them out if I heard "Ni!" just one more time.  I could take something like, "I'll be back" since it actually has meaning but "Ni!" means nothing and isn't funny... in any context - and none of my friends were medicated in any way... which made it that much worse.  Long story short, I get that reference.
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October 08, 2024, 01:01:15 AM


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October 08, 2024, 02:01:16 AM


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October 08, 2024, 02:03:47 AM

Past does not indicate the future, but let's take a look:

AMZN, AAP and GOOGL ten years ago were in the middle of their multi-decade run (and were already dominant multi hundred billion [in market cap] companies).

In Oct 2014:
AMZN was about $16.2, now 180.8 (11.16X)-28% yearly appreciation
AAPL was about $24.5, now 222 (9.04X)-24.55% yearly appreciation
GOOGL was $28.9, now 163 (5.64X)-19% yearly appreciation

Average: 23.85% appreciation in 2014-2024 period.

Bitcoin had 44% yearly appreciation from 1160 in 2013 till now.
M.Saylor was saying that it had 40% appreciation recently, but will decrease somewhat going forward.

It is entirely possible that in the next 10 years bitcoin would slow down to somewhere between 35 and 25% based on the current status and comparing with most dominant companies.
If the number would be 35%, then in Oct 2034, btc would be 1266K and if 25%, 587K (with 926-927K average).
I am not taking into account the halving "schedule"...it very well may be that the peak in the next 10 years would be in 2033, instead,  Cheesy

These numbers make sense to me...

i hope 1M in 3034, but 10 years 10X  is ok
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October 08, 2024, 02:12:19 AM

Past does not indicate the future, but let's take a look:

AMZN, AAP and GOOGL ten years ago were in the middle of their multi-decade run (and were already dominant multi hundred billion [in market cap] companies).

In Oct 2014:
AMZN was about $16.2, now 180.8 (11.16X)-28% yearly appreciation
AAPL was about $24.5, now 222 (9.04X)-24.55% yearly appreciation
GOOGL was $28.9, now 163 (5.64X)-19% yearly appreciation

Average: 23.85% appreciation in 2014-2024 period.

Bitcoin had 44% yearly appreciation from 1160 in 2013 till now.
M.Saylor was saying that it had 40% appreciation recently, but will decrease somewhat going forward.

It is entirely possible that in the next 10 years bitcoin would slow down to somewhere between 35 and 25% based on the current status and comparing with most dominant companies.
If the number would be 35%, then in Oct 2034, btc would be 1266K and if 25%, 587K (with 926-927K average).
I am not taking into account the halving "schedule"...it very well may be that the peak in the next 10 years would be in 2033, instead,  Cheesy

These numbers make sense to me...

i hope 1M in 3034, but 10 years 10X  is ok

my 10 years surely beat your 1010, lol
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October 08, 2024, 02:24:12 AM

Good news!!!    FTX customers getting their money back...

FTX Will Return $16 Billion to Customers Following Court's Bankruptcy Approval
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October 08, 2024, 02:54:03 AM
Merited by El duderino_ (5), vapourminer (1), xhomerx10 (1), OutOfMemory (1)

Wow.  Auroras came back to life.  I'm not near my computer right now but Europe might be in play again tonight.  Look up.
Forecast says north of Europe should have a fair chance.
Anyone living above the thin red line has a chance to see the aurora right now.  You might have to get somewhere dark but they're painting the skies.

edit: oops! I almost forgot -thank you https://aurorasaurus.org/

Ok.  You lured me into checking out again last night the extent to which I might be able to personally witness aurora information, and I merely drove a few miles to the same spot that I went to last time that I provided such aurora evidence (proof of checking it out), and so I pointed my cell phone camera to the north, and I took the below two pictures.

They overlap a little bit, and the first shot is pointing a bit more to the west and the second shot is facing a bit more the east.  I don't claim to be an expert photographer, and yeah, I was merely using a cell phone camera with the flash turned off.





I would say that the aurora effect was not very strong, but surely something related to light seemed to have been going on in those northernly directed skies.

Nasdaq declined into close, oil rose sharply, chinese stocks had an intraday dip of almost 5% for some, then recovered (Btw, large chinese caps like BABA or JD popped 50-90% in the last few weeks...crazy).

Fast markets...with bitcoin being relatively steady.
I wonder what this portends?
Don't want to make guesses...

I would guess that if anyone were to be allocating his portfolio in regards to any of the assets that you mentioned that you have been observing, bitcoin is going to do the best, especially for anyone who has a 4-10 year or longer investment timeline.

Sure, there are several of us who have already been in bitcoin for 4-10 years or more, so those of us in that category are likely less concerned about what to do - though I am sure that some of us still might be in our BTC accumulation stage, even if we have been into bitcoin for 4-10 years or more, so probably rather than guessing, just keep accumulating BTC until you get closer to reaching your BTC accumulation goal.. whatever that might be...

Do you want what I would consider to be entry-level fuck you status levels?  around 21.2 BTC currently (that is a $800k measure of the 200-WMA)? 

or do you think that you can get by with less than western entry-levels.

Sure, I understand that some folks are going to want some extra cushion in their BTC accumulation levels, and maybe they are going to want to get to something like the measurement of traditional investment portfolio standards, and from my assessment, that would be right around 50.3 BTC (that is a $2 million measure of the 200-WMA).

Another possibility would be that some guys are wanting to get to something like filthy rich status, and from my assessment that would be right around 2,513.6 (that is a $100 million measure of the 200-WMA)

All of these calculations can be looked up at:  https://bitcoindata.science/withdrawal-strategy?U2FsdGVkX1+sbgRVsllCv5QCAs+OeWwAAu1UkBjQKaw=

What is the level that you would like to achieve?

A good thing about each and all of these calculated goals is that they continue to come down in terms of the quantity of BTC needed to achieve them, yet if you are far from achieving your goal, then you have to continue to accumulate BTC..  Only you can help you to continue to accumulate BTC, if that is where you are at.. which from my point of view would still lead to a need to ongoingly, persistently and consistently to continue to buy BTC until either arriving there or getting close to arriving there.   Your milage may vary, as "they" say.

These numbers make sense to me...

Hopefully dee cornz gods don't come and smash you down, since honey badger no doesn't seem to appreciate your pigeon-holing it as if it were a company, even if you might end up being correct in terms of bitcoin potentially slowing down in its annual rate of appreciation (its CAGR). In reality, you might actually need some kind of a slappening to potentially help you to snap out of your seeming ongoing delirium in terms of still not knowing who is your lillie fiend.. and perhaps you are continuing to whimpily invest into the cornz rather than taking a wee bit of a more aggressive investmenet practice?  How's that "diversified" portfolio working out for uie-pooie?

[edited out]
i hope 1M in 3034, but 10 years 10X  is ok

You are pretty bearish.

We are only going to go up around 16x in the next 1,010 years?  wow.

Another thing?  Who's going to be around in 1,010 years to even remember your hopening status?
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October 08, 2024, 03:01:18 AM


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October 08, 2024, 03:59:07 AM

Wow.  Auroras came back to life.  I'm not near my computer right now but Europe might be in play again tonight.  Look up.
Forecast says north of Europe should have a fair chance.
Anyone living above the thin red line has a chance to see the aurora right now.  You might have to get somewhere dark but they're painting the skies.

edit: oops! I almost forgot -thank you https://aurorasaurus.org/

Ok.  You lured me into checking out again last night the extent to which I might be able to personally witness aurora information, and I merely drove a few miles to the same spot that I went to last time that I provided such aurora evidence (proof of checking it out), and so I pointed my cell phone camera to the north, and I took the below two pictures.

They overlap a little bit, and the first shot is pointing a bit more to the west and the second shot is facing a bit more the east.  I don't claim to be an expert photographer, and yeah, I was merely using a cell phone camera with the flash turned off.





I would say that the aurora effect was not very strong, but surely something related to light seemed to have been going on in those northernly directed skies.

~snip

 Thanks Mr. JJG - much appreciated.  I wish I could have seen even that much but shortly after dark, the clouds rolled in and try as I might, I could not find clear skies.  When I see the map of sighting reports, I know I would have been able to see them were it not for the clouds but such is my luck lately with auroras.  I'm going to have to up my game in order to get to see them up close and personal again.
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