Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1416. (Read 26720873 times)

Explanation
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Explanation
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We have each said our parts, and I don't really disagree with anything that you said in terms of various ways to play both sides, and sure, you have to have something at stake in order to make money in those kinds of presumptions that you have, and even if some of the pre-ETF type discussions were likely a lot of the run up from $26k/$27k, that does not even mean that complete denial of such an ETF would mean that we would have to correct down to those kinds of levels or that they would even be reasonable, including the idea that they might have  already been quite suppressed BTC prices as our starting point... so if we are starting from quite suppressed prices (just thinking in terms of the 200-week moving average as a kind of guideline for what bottoms tend to be and what is reasonable for possible bottoms), then going back down to either those low prices of $26k/$27k or even $24k/$25k - which was also not that long ago that we were there, but even more so your expectation of $20k-ish just seems like similar kinds pie in the sky expectations for sub $500 that were being made in March 2017, and sure anything is possible, but sometimes, we get to a point where that ship has likely sailed and you are being a bit of a dumb ass to be considering 30% to 40% below the 200-week moving average as any kind of base-case possibilities of something that could happen, even if some bad news (regarding ETF rejection or whatever) ends up happening.


For sure, a snapshot back in time... for at least those of us who had then been wearing hats, and also we see that a good number of the members in the list are not currently active - and sometimes they will end up coming back, and other times they won't .. but the snapshot still stands for a certain rendition of WO thread history.


My opinion/guess is that it is likely not going to be very accurate to just take some random period and say, what about this.. how do we compare to this one... and yeah, I realize that you are not working on being random.. but it kind of seems random. 

I recall 2015 as nearly a whole year as flat and also that flat had been followed by a prior year that was pretty much continuous downity.. so in that regard, when we got to the end of 2015, we had a kind of fake run up from $250 to $500, and then we got stuck in mostly the lower $400s for another 6 months... before popping back above $500.. and those ended up being different times and different kinds of dynamics as compared to what we have right now.

Sure, it could end up playing similarly as you mentioned, but making that guess is almost like throwing darts at a dart board.. with a blind fold.. and you might get lucky and you might not.

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Explanation
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Explanation
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Speaking of CCMF trains, I just came across an old data key full of cool images I hoarded several years ago. Here's a CCMF train and the original "don't miss the train" meme that sparked the whole CCMF business:

 

Edit: Upon posting, I just noticed I passed 4k merits. Thanx all!

imagine hitting the buy button every 5 seconds. so much dopamine, no wonder this guy is so high.


yup not looking too good for 48K anymore.

Explanation
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"When you're buying this much, it could take 3 or 4 days. It takes a day to accumulate 50 million dollars worth of Bitcoin. If you're buying it every 5 seconds, 24 hours a day, it takes you a day. Every 5 seconds. So, while I'm doing that, I've a lot of time to stare at the screen and think about it, and, you know what I'm thinking while I'm actually buying every 5 seconds, for 4 days in a row? I'm thinking, who are these people that are selling this to me? And I feel sorry for them. What are you going to buy with the cash that I'm giving you, that's better than what you're selling to me? I hope that they're getting married with the money, or they're buying a yacht, or a jet, or something that they really love, because if they're trading it in order to buy another asset, I just pity them."

— Michael Saylor

[Source]

Stonks got smashed today...so, maybe, bitcoin would get it's own "smashing" in the next day or two..or, instead, some overheated sh-tcoins would get smashed and btc declines peacefully or stays flattish.

This is bitcoin saying, wait you haven't seen anything yet , wait till the ETF is approved. $44k+ is just a warm up to the destination point

For me as I keep DCAing I can only but imagine  the good tidings 2024/25  has in stuck for bitcoiners

Explanation
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Explanation
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New hashdex ETF Spot advertising just dropped:



This is only slightly better than Bitwise, but since they were already using powerful machineries, why not putting a CCMF train??

Not greedy bud how about 45454.50 by 11pm est ?

Ads on TV about that? I dont know from where you are, but is that also legal? I just assume you are talking about USA television, but it seem strange to me, because i can see talks about but not ads.

I can hear on my mind some voice locutor.

"January is comiiiiiiiiiiing, just buy some ETF in disccount and give your familie the best invest of your life, just buy and enjoy a fantastic Hollidays next year"

Allways with us your friendly company Blackrock enterprises, the family first stockmarket company.   

bitcoin looking strong!
48K soon