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

[Ambatman]

Last time sub 100K.
I'm willing to bet my stupid alpaca on it.

That dip and quick recovery was encouraging
Covered up alot of loose ends.

Don't know why I'm positive of $113K this year.

[vapourminer]

Last time sub 100K.
I'm willing to bet my stupid alpaca on it.

well, i got my lucky alpaca socks on

[d_eddie]

Thought experiment: imagine a time far into the future, when an ultra-fast, but still conventional supercomputer (essentially an ultra-fast abacus) has been developed, which manages to complete the given task in 26 billion years. This is just under 26.7 billion years, which is the most recent estimate of the age of our universe. Does this mean that the same old quantum computer that was using multiple universes in 2024, has now suddenly switched to using only one?

Quantum computers are exciting in that they can simultaneously evaluate many parameters of a problem, and this may well mean that they are indeed using multiple universes to achieve it (far-fetched, as it may sound), but Google's argument that "conventional computers take too long, therefore our QC uses multiple universes" does not make logical sense (to me at least).

I hope the above explanation is clear enough.

Not to me, sorry.
Do they mean that once you switch it on, it (or just qubits in it) basically 'floats' in multiple universes, somehow?
additionally, since different universes suppose to have different properties, how would that come into play?
I can understand it more if they were to say that it "creates" multiple 'mathematical" virtual universes (or computational continuums), but all this talk about universes makes me cringe.

I think the concept may be connected to the superposition of quantum (computational) states, collapsing into a single one once a "measure" is made - that is, until some kind of output comes out from the quantum computer. So yes, something similar to what you say, although I think that according to quantum mechanics, the multiple universes are not mathematical or virtual. They just happen to exist together in some wavefunction weighted sort of way, like a Schroedinger cat that is both alive and dead until we open the box and the collapsed state is revealed by either a "meow!" or a dead cat - which however is known not to bounce in this case.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

but..   but..    can coins from universe "A" cross over to universe "B" ? like we take universe "A"s 21 million btc, bend and rotate them through a couple dimensions/multiverses and *presto*... now we have 42 million btc?

QED     ?

Nooo for god's sake noooo! Don't bend or rotate them! There's the possibility they will cancel out if
<ZAP>

ok it was  good weed what can i say

Quite good, I bet

[Phil_S]

bitcoin 101

[criptoevangelista]

Bitcoin bullying the bears

[LFC_Bitcoin]

bitcoin 101

Feels good, bears have tried and failed to cause a significant correction.

This bitch can’t be tamed, it’s bull season.

Higher, much higher.

[JayJuanGee]

[edited out]

Yes it's, I don't know if I am also permitted to have his picture posted here as I don't want to deviate from the main purpose of this mega thread.

Anyway thank you.

Pretty much anything goes in this thread as long as you are not pumping shitcoins.

And also: Yay, once again crossed 100k.

Edited to add: I wonder what Scrooge McDuck said in the english original really, I only know the german translation (and the honorable Erika Fuchs took quite some freedom in translating, i.e. Scrooge was in Germany Dagobert Duck).
In german the original above sentence was "Wer den Kreuzer nicht ehrt, ist des Talers nicht wert") and it was truely something I learned to adhere to when I was like 7 or 8 in the 70s.

In recent times, it's becoming more and more unrealistic for normie newbies to bitcoin to even be thinking in terms of becoming whole coiners.  Sure it may well be possible for some of the normie newbies to get to whole coiner status, yet an overwhelming majority of normie newbies are likely going to be way better off to shoot for BTC (satoshi) accumulation targets that are fractions of a bitcoin or various quantities of satoshis, such as shooting for the accumulation of 1 million satoshis, or 10 million satoshis or 21 million satoshis or 63 million satoshis. or whatever might be reasonable and realistic for their own individual financial circumstances... .

Last time sub 100K.
I'm willing to bet my stupid alpaca on it.

That is bettable, and you are likely to lose such a proposition.

Last time sub 100K.
I'm willing to bet my stupid alpaca on it.

I'm as bullish as the next guy, but it might not be that easy.

The pullback in the next bear could well go under 100k again, just to stay on a midterm viewpoint. I'd like JJG to provide his personal 2-significant-digits-after-the-decimal-point estimate of such probability.

I hate giving too many particulars when I am thinking about possibilities of down, even though a week ago, I was willing to say that sub $55k was no longer greater than 50% odds ever (or at least by the end of 2025 to put a time frame on the end of the bet), and then just yesterday, I said that I was willing to make the same bet in regards to $60k no longer being greater than 50% odds....

So, I am slowly moving up the numbers on where I think the greatest bottom could be and even transitioning into proclamation of the BTC price never going down to such levels.

So the more I think about it, the odds are probably currently greater than 73.86129546% (I thought that we needed 8 digits to be more in line with the bitcoin spirit) that at some point we will dip back below $100k...

Additionally, as an esteemed and knowledgeable bitcoiner friend of mine recently said, "we must run over 100k and back so many times that it becomes just like any other number". Only then can 100k be properly thrown in the roadkill bucket.

I think that BitcoinBunny is correct in a kind of potential scenario that the BTC price could break free and then get into a breakout range of something like $120k to $180k range and perhaps even after consolidating in the $120k to $180k range (for a few months), end up going up another 3x-5x which makes it more difficult to crash back below $100k at a later date, yet at the same time, the 200-WMA needs to be drug up along the way, too (and the 200-WMA is ONLY currently slightly above $42k so the 200-WMA needs to be drug up a lot to allow it to continue to serve as a meaningful bottom)... but yeah, the odds of BitcoinBunny's scenario seems to be in the ballpark of 26.13870454% give or take.  Personally I would be nervous to bet those exact odds against BitcoinBunny, but I would be willing to bet 50/50 against BitcoinBunny's proposition.

[d_eddie]

bitcoin 101

Feels good, bears have tried and failed to cause a significant correction.

Storm between the leaves
Big bear shaking bigger tree
No fruit is falling



#haiku

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

bitcoin 101

Feels good, bears have tried and failed to cause a significant correction.

I don’t know if I’d agree on that take. They caused a 10% correction and liquidated several billion dollars in leveraged positions. I think they did exactly what they are supposed to do to keep the market in check. Obviously they won’t be able to keep the price down for long with all the money flowing in, but I am thankful for them doing what free markets are designed for them to do. As someone who will be stacking sats forever, price dips are always nice to see.

[JayJuanGee]

Bitcoin is pulling up because it went to near infinity in multiple universes...we just overcoming the resistance in this one  

but..   but..    can coins from universe "A" cross over to universe "B" ? like we take universe "A"s 21 million btc, bend and rotate them through a couple dimensions/multiverses and *presto*... now we have 42 million btc?

QED     ?

ok it was  good weed what can i say

I don't know hardly shit about maths, sciences nor computers (help alpaca with donkey breath.. or is it llama?), yet I will say that I am lucky when it comes to bitcoin... therefore, the short answer is yes.  

At this time, to accomplish the crossing over of universes, you just need the help of Google's quantum computer.  Thank you google.

you seem distracted, which might be part of the explanation why you have been in bitcoin since mid-2011 and you still are "accumulating bitcoin."  You might not either know what bitcoin is (or have confidence in it) or you might be distracted into shitcoins and trading... which goes back to not knowing what bitcoin is, even though you've been on the forum since mid-2011.  Who would-a-thunk?

I’m now 100% convinced that you are a moron. Thankfully, I won’t have to pretend to sift through your long-winded nonsensical posts of idiocy anymore.

Your reflection of not being able (or perhaps willing?) to understand my "long-winded" posts, seems to speak more about you than me.

[Btcdeybodi]

A lot off topic but had to share with someone cos I'm trying to stay strong for my wife at the moment. Children for us are off the cards due to medical reasons so we've got two beautiful dogs. Unfortunately, our eldest, Nismo, well he's fallen very ill and in a few hours barring a miracle I'll likely be saying goodbye to him for the last time. Back in 2020 he had to have spinal surgery which cost a lot of money (would spend it again in a heartbeat) and BTC helped him there too. Sadly, doesn't look like money will solve the problem today.

If you have dogs, hold them extra tight for me tonight, they really are the greatest gift and best friend. I truly am lucky to have had his light shine on our lives for the last 14 years. I'll post a picture of him later just so everyone can appreciate him and how amazing he was/is

Anyway sorry for the off topic but yeah.... I'm just heartbroken

I just saw this and very sorry for your loss/upcoming loss.
Some people clone their beloved pets.
I could see both sides of the argument: it would be the same dog genetically, but it would have to learn to love you again.
Cost is about 0.5 btc, give or take ($50,000).
I was just recently reading an article about it.
EDIT: just for description..I think the article was saying that they need an ear from the recently deceased pet (not frozen). I don't recall much else apart from the fact that cloning is now very efficient, but dogs are more challenging to clone.
Not sure if i have seen this article or another one:
https://nypost.com/2024/11/14/lifestyle/the-50000-dog-cloning-business-is-booming/

I could never do that, he'd never be the same personality and that's what and where the real love came from but thank you for your condolences. Here are two pictures that capture him perfectly, I know most won't care but that's ok. If any of you do have dogs, please hold them tight for me. Little Nismo is gone now but he lives on in all the treasured memories he left behind

This made me remember my dog Billy. It was so energetic and full of life but it was unfortunate i lost it to an accident from a moving vehicle that hit it four years ago. It survived the accident and i gave it some medications which looks as though it was recovering, only for me to wake up 2 days after the accident to see it lying lifeless in the cage i kept it for it to heal. I feel so emotional right now because there is this kind of connection between dogs and human that can't really be explained.

When i was much younger, my grandpa told me a story of how all the animals planned against hunters to take their guns away while they were out of their houses so that the hunters won't have any guns to hunt them again in the bush, but the dog went and reveal the secrets of the animals to the hunters and the hunters took their guns out of the house, so when the animals came, they couldn't find the guns again but i have forgotten how my grandpa narrated to me about how the animals found out that it was the dog that reveal the secrets and the animals banish the dog out from the bush and that was the reason why dogs lives more with humans than animals. This may be a childhood fairy tale but i could still remember some part of the story after so many years.

Indeed the dog is humans best friend. Sorry Billy, wish you could come back alive again but it's all memories now. After the death of Billy, i couldn't raise any dog again because i was afraid of losing it someday.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Perfectbaby]

[edited out]

Yes it's, I don't know if I am also permitted to have his picture posted here as I don't want to deviate from the main purpose of this mega thread.

Anyway thank you.

Pretty much anything goes in this thread as long as you are not pumping shitcoins.

Thank you JJG.
Though I barely have single picture of our dog without being with someone which if I post the face of my two niece has to be displayed here. I don't really want to but I have to.

He was so cute and loving, jumping around us all time and my niece were already used to him and they cried all time. Goodbye Finn.

[philipma1957]

I am looking for a quantum shift tonight in price we slide to the next parallel universe and price is not 101,448

instead it is 114,480.

Someone quote me just in case 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

I am looking for a quantum shift tonight in price we slide to the next parallel universe and price is not 101,448

instead it is 114,480.

Someone quote me just in case  

Here you go...safe travels.
i remember seeing some "crazy' movie about those "universe" shifts.
I think it was "The Quiet Earth" circa 1985.
Special effects are a bit aged, but the story is interesting.

[vapourminer]

I am looking for a quantum shift tonight in price we slide to the next parallel universe and price is not 101,448

instead it is 114,480.

Someone quote me just in case 

done

and i must say i like your pan dimensional infinite monkeys poly-imaginary mathematics. i am in awe