Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11052. (Read 26731604 times)

┏┓ 
┃┃╱╲ in
┃╱╱╲╲  this
╱╱╭╮╲╲   house
▔▏┗┛▕▔    we
╱▔▔▔▔▔▔▔▔▔▔╲ 
        always buy Bitcoin,
     regardless of the price
╱╱┏┳┓╭╮┏┳┓ ╲╲
▔▏┗┻┛┃┃┗┻┛▕

https://twitter.com/apompliano/status/1116153513376210944?s=21

INDEED!!

Makes me feel like this:

@JJG

Calm the F*** down its thursday..... !

Yeah, so half. 50% my genes; that's half. I understand its an uneven distribution but it still averages out to about 50% from each parent.

Ah very good thanks for link.

What are your 20 year expectations? 

Here is a 20 year plot with the red line in the schiff fork representing the median price along a 4 year halving cycle with the price doubling each block along the x axis. As a permabull I have to constantly temper my expectations with heavy doses of reality no matter how bitter the draught.

 I am not saying things are bitter now..far from it as bitcoin trades on strong support in the $5.2k range tonight. I was just thinking some about some longer term projections and came up the the attached basic plot.

 I honestly think this might be a worst case scenario with the bottom blue line of the fork being least likely, the bottom green line possible: but less likely, the red line median, probable: and most likely. The upper two lines receive the same weight and range of the lower pair, that being less likely.

 I think there will be interesting collisions with the price and what I have drawn here but I am curious what the rest of you think.

 Its not like the high command would actually allow you degenerates a vote mind you..but they always like to know who to get rid of...I mean who they cant trust....scratch that..

  .ehem..where were we...ah yes.

 I think the price is about to move up to around $7.5k as we move towards 2020 and I dont think its going back under that price for the foreseeable future.

 I think the honey badger has one or two more boom/bust cycles once we reach the actual mania phase of adoption with peaks and valleys of course along the y axis. I also think a 10 fold increase in active users, going from roughly 5 million to 50 million by 2025 is beginning to happen as nocoiners become more educated about crypto in general and bitcoin in particular. These order of magnitude increase cycles are something to behold. I guess we have to start somewhere and thought this reasonable for a first swing. Anyway..carry on. 

 We shape our future out of the splinter of the minds eye and the wisps of dreams that eventually become reality.

 On further thought, I think you should buy the dips when possible and #dyor

*All responses will under go algorithmic sampling.


M

*soundtrack for the above production recorded by Captain Twinkle Toe and the GAINZ ™,®,© Eight Track and Cassette available

https://bitcointalksearch.org/topic/m.50483293

Yep... I wonder what the source is, because Blockchain.com is showing current transaction peaks at around only 400,000 rather than 500,000 per day.

https://www.blockchain.com/charts/n-transactions

What is a Bitcoin payment? How do you recognise a “payment”? What’s the difference between a “transaction” and a “payment”?

I thought the official WO exchange was https://www.hotbit.io/

You have to pick something or else price discussions become meaningless. And Stamp is the least bullshit exchange.

About right now, I feel like punching yogi right in the face.

Bitcoin broke 500k payments per day for the first time since Jan 2018.

Trying to use the same line of reasoning to buy tech stocks that he used when buying Coca Cola? Because a strong brand can keep goods that cost more than $1 alive forever. Just like BlackBerry.

You, of all people, should recognize the utility of standards.

Far be it from me to refuse to toe the partly line, but...

yes soon trying hit $5700 with some time and then hit $6000 next level $7000 wait and see, Pump soon

I wasn't talking about girls climbing rocks.

Fed Minutes today were all about "dat money printing". Dovish AF = Bullish AF for King Bitcoin

6k soon.

When will head hat priest xhomerx create our digital church that will find itself in the books of history?