Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1159. (Read 26623220 times)
January 30, 2024, 12:03:23 AM
January 29, 2024, 11:28:39 PM
please stop the merit fishing my kids are dead and my grandchildren were never born.
So this is merit fishing. Wow!Thanks for blaming.
I mostly check (Show the unread posts since last visit.) I found the topic where I am expressing words so it is called merit fishing. So thanks for telling.
By the way I am feeling for you loss.
I have no one to give my money to. I likely will give it to two children that were adopted iby my wife’s first cousin. They could use a nice surprise one day.
You have your own mind. If you have planned to give to anyone so that's great.
January 29, 2024, 11:16:19 PM
We should not necessarily presume that people are going to necessarily want to pass down their wealth, even though they might not mind having extra wealth at the time of their death because no one can really know how long that they are going to live and a lot of folks fear outliving their wealth... so there can be quite a few comforts that come from being able to at least not being extremely worried about money in your old age... sure maybe there are going to be some discomforts with greater than expected needs for budgeting, but the restrictions in the amount spent might not end up being overly taxing on the person's comfort if they might have already accounted for the possibility that they would not be earning income from work after a certain point in their lives.
It's true that nobody knows how long they will live and some people worry about running out of money, but we should also think about the good things that can come from passing down money to our children and grandchildren. Some people have the nature they keep the money safe and never give to anyone until they die.
Let suppose a person have invested in Bitcoin and h/s suddenly gets die and no one knows about his/her investing. So where these will be gone?
In conclusion an old person who has the money so h/s should give money to their childrens who know better where to invest.
It's normal to worry about running out of money as we get older. But we shouldn't ignore the good things that can come from giving money to our family. It can make us feel safe, leave a lasting memory of us, and help us when unexpected things happen. So, it's reasonable and smart to think about passing down our money.
please stop the merit fishing my kids are dead and my grandchildren were never born.
I have no one to give my money to. I likely will give it to two children that were adopted iby my wife’s first cousin. They could use a nice surprise one day.
January 29, 2024, 11:13:22 PM
fuck buddy is on a roll and you two fuckers interrupt it.
We are looking for forty four k by Tuesday.
We are looking for forty four k by Tuesday.
well they broke the roll. but maybe just maybe godzilla gets buddy back on track.
January 29, 2024, 11:11:43 PM
We should not necessarily presume that people are going to necessarily want to pass down their wealth, even though they might not mind having extra wealth at the time of their death because no one can really know how long that they are going to live and a lot of folks fear outliving their wealth... so there can be quite a few comforts that come from being able to at least not being extremely worried about money in your old age... sure maybe there are going to be some discomforts with greater than expected needs for budgeting, but the restrictions in the amount spent might not end up being overly taxing on the person's comfort if they might have already accounted for the possibility that they would not be earning income from work after a certain point in their lives.
It's true that nobody knows how long they will live and some people worry about running out of money, but we should also think about the good things that can come from passing down money to our children and grandchildren. Some people have the nature they keep the money safe and never give to anyone until they die.
Let suppose a person have invested in Bitcoin and h/s suddenly gets die and no one knows about his/her investing. So where these will be gone?
In conclusion an old person who has the money so h/s should give money to their childrens who know better where to invest.
It's normal to worry about running out of money as we get older. But we shouldn't ignore the good things that can come from giving money to our family. It can make us feel safe, leave a lasting memory of us, and help us when unexpected things happen. So, it's reasonable and smart to think about passing down our money.
January 29, 2024, 11:07:02 PM
If you guys haven't read this Hal Finney interview from 2006 it's a great read.
https://www.ataricompendium.com/archives/interviews/hal_finney/interview_hal_finney.html
That article is the one piece of evidence that solidifies Hal is Satoshi (to me!)
Invents PoW, PGP ,1st person to receive BTC.
Hist first job was writing cash register software FFS.
Then I really really started thinking into that article.
Hal said his favorite thing to do on his free time was coding in 2006. The remailers,PGP and PoW have already been made.
What's left ?
BTC
A video of Hal in 98' talking about ZeroKnowlege Proofs
https://twitter.com/i/status/1704535500055527831
Almost 10 years later ~$400 to 40k.
(This is my opinion, for argument sake I accept that Hal may not be Satoshi, But he is to me.)
https://www.ataricompendium.com/archives/interviews/hal_finney/interview_hal_finney.html
That article is the one piece of evidence that solidifies Hal is Satoshi (to me!)
Invents PoW, PGP ,1st person to receive BTC.
Hist first job was writing cash register software FFS.
Then I really really started thinking into that article.
Hal said his favorite thing to do on his free time was coding in 2006. The remailers,PGP and PoW have already been made.
What's left ?
BTC
A video of Hal in 98' talking about ZeroKnowlege Proofs
https://twitter.com/i/status/1704535500055527831
Almost 10 years later ~$400 to 40k.
(This is my opinion, for argument sake I accept that Hal may not be Satoshi, But he is to me.)
January 29, 2024, 11:01:16 PM
January 29, 2024, 10:42:16 PM
"We've done promissory notes for your means of exchange, promissory notes for your gold and now we have promissory notes for your Bitcoin."
January 29, 2024, 10:14:20 PM
fuck buddy is on a roll and you two fuckers interrupt it.
We are looking for forty four k by Tuesday.
We are looking for forty four k by Tuesday.
January 29, 2024, 10:01:21 PM
January 29, 2024, 09:55:55 PM
fuck buddy is on a roll and you two fuckers interrupt it.
We are looking for forty four k by Tuesday.
We are looking for forty four k by Tuesday.
January 29, 2024, 09:27:06 PM
Chart 1 shows the back-test of the Redneck Fourier indicator for cycle tops.
The log of bitcoin's daily closing price appears in blue, indexed by block height on the horizontal axis. Major grids mark the halvings, which occur every 210,000 blocks. Minor grids on quarter cycle, or about one year. Following the Redneck Fourier indicator, negative zero crossings indicate tops in bitcoin's halving price cycle. The idea in this chart is, wait for the negative zero crossing then sell or go short. But the RF can also be used to forecast.
Choose a rate of increase and draw a straight line, like this
The Redneck shows about when and where the market top is likely to occur, under conditions where bitcoin's price appreciates on that slope. Mark that point where the yellow and blue lines intersect on the graph. Repeat the exercise for different slopes and join the points in a line. Redneck thinks the price is going to bounce off that ceiling.
I performed a back-test of the prognostication function at block 630,000, plugging bitcoin's price history up to that point (dark blue) into the Redneck. The black line shows the Redneck's predicted ceiling. Pale blue shows what actually happened.
I ran the test again at block 650,000
Too complicated and to many lines... Just BUY and HODL!
January 29, 2024, 09:16:55 PM
Chart 1 shows the back-test of the Redneck Fourier indicator for cycle tops.
The log of bitcoin's daily closing price appears in blue, indexed by block height on the horizontal axis. Major grids mark the halvings, which occur every 210,000 blocks. Minor grids on quarter cycle, or about one year. Following the Redneck Fourier indicator, negative zero crossings indicate tops in bitcoin's halving price cycle. The idea in this chart is, wait for the negative zero crossing then sell or go short. But the RF can also be used to forecast.
Choose a rate of increase and draw a straight line, like this
The Redneck shows about when and where the market top is likely to occur, under conditions where bitcoin's price appreciates on that slope. Mark that point where the yellow and blue lines intersect on the graph. Repeat the exercise for different slopes and join the points in a line. Redneck thinks the price is going to bounce off that ceiling.
I performed a back-test of the prognostication function at block 630,000, plugging bitcoin's price history up to that point (dark blue) into the Redneck. The black line shows the Redneck's predicted ceiling. Pale blue shows what actually happened.
I ran the test again at block 650,000
January 29, 2024, 09:01:15 PM
January 29, 2024, 08:01:15 PM
January 29, 2024, 07:03:29 PM
January 29, 2024, 06:01:18 PM
January 29, 2024, 05:01:16 PM
January 29, 2024, 04:37:37 PM
Don’t tell the boomers that though. Billions & billions of boomer dollars are going to pump our bags through these ETF’s.
Boomers? Who's that? Anyone over the age of 19?
+1 WOsMerit
lol'd
further...this bugs the shit out of me...the way my kids describe it is anyone over the age of forty it appears like most words its meaning is shifting over time. what to me growing up meant someone born after the end of wwII as there was a increase in birthrates after the GI's started coming home in 1945, is now a slur against old people the fact that i am finding myself getting slightly offended from time to time when i hear it used is definitely showing my age
------------
so...bitcoin...
what do you think? i keep seeing talk of $30kish....that we need this big pull back...THEN we can go forward.....could be...could be
i want to know what the narrative would be
another silkroad? ftx? scamvid? oh i know...the AI's are going to do it
look you...i know not what comes on the morrow anymore than any other
i do know somethings however...
one is the halfing
two is institutional adoption
three is the economy...its doing pretty well
four is there is still some $25kish worth of dip overhead of the current bitcoin price from the previous ATH
now this list could go on and for everything i put up there is a possible counter narrative
i get that...all im saying is that imho at this point in time and space the probabilities seem to favor moar upwards and sideways than downwards and sideways
all im really getting at is... if you havent already...get a bag...put some corn in it and hodl if you have a bag....put moar in it and hodl
i always think it wise to have dry powder set aside for buying opportunities you just cant pass up..this is the way...but bitcoins bull season is coming
dont be the 10k guy..dont miss out on the dollars trying to pick up dimes in front of a steamroller
dyor
January 29, 2024, 04:07:53 PM
Interesting pumperino. Anyone know something?
Maybe just Grayscale selling due to the 1.5% fee is now slowing down.I saw this earlier -
@BTC_Archive
JUST IN: Grayscale sends 8.6K $BTC worth $360M to Coinbase.
Lower than the $500m average from the first ten days.
Selling drying up... 🚀
https://x.com/BTC_Archive/status/1751981704519000371
I know that many of you guys are all hot and bothered by Grayscale's selling, and the fact of the matter is that Grayscale has to sell if their clients are selling.
So if we are getting sales from various ETF players, but we are not getting corresponding buys, then guess who the fuck is contributing to those kinds of dynamics? Likely folks like Blackrock tards and similar manipulators who would like to push prices lower and to suck up BTC.. but it may or may not work if they have to make sure that their funds have enough backing (as required by law, but yeah fucktwats like that have a lot of loopholes around various laws, and probably they believe laws do not even apply to them if they have nods and winks from appropriate authorities).
So what I am suggesting is that there can be delays between the selling the BTC and the buying of BTC from other ETF providers and even some of the BIGGER player tards had likely pre-seeded their funds (and likely have a variety of ways that they can manipulate, even when they supposedly are not manipulating) and so they may well not have been buying more of the underlying BTC for new orders and trying to let it ride to their advantage, etc, etc etc.. what they are able to get away with.. , and for their own sake (not that we should give too many shits about their well-being and/or profitability. .since they likely have a variety of ways to find ways to make profits) hopefully they have enough BTC if the BTC price goes shooting up and if they are fucking around too much about not buying enough BTC, then they will fuck around and find out what it means to have a limited supply and limited abilities to get the BTC that is supposed to be bought to back up the claims of their clients.
Jump to: