Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1758. (Read 26718069 times)

Fun fact, nutildah gave me my very first merit ever, which ultimately brought me to the WO. #such.joy

Disable merits,
nutildah claimed with deceit,
oh the irony.

#late.haiku

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+17 WO Merits, one for each syllable

nope no trips.

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Yeah I didn't ask properly. But it was hoping for something like that and you got it correctly. I was just hoping for a guess. I think in crypto anything can happened and it's not like it's the first time. Bitcoin surprised us many times. We sill have 4 months to speculate and see. So lets observe how it goes.

I think it's better not to worry too much whether the price of Bitcoin goes down or up ($25k to $35k or $45k), because the price of Bitcoin will always go up and down, but if someone wants to hold Bitcoin, then and It will be his best decision to wait for the right time. Especially those of us who are new always think that they will buy Bitcoin when it goes down and sell it when it goes up, but that's not always the case.

Even though you did not frame your question very well, you seem to be asking whether the BTC price is going to break out of the "don't wake me up zone," which coiuld be argued to be $25k to $35k, and which way will it break out and will such break up happen by the end of this year.

Part of the reason your framing seems to suck is because largely we have already gone down to pretty damned close to $25k.. which was as low as $25,350 so far.  So yeah we are close to the bottom of the range which does give more credibility to the possibility of breaking downward rather than UP, but I am still not sure if the chances are too much greater than 60% for the breaking down rather than either returning into the range or ending up breaking up out of the range to the upside.. but surely if the BTC price does not break down and instead goes somewhere back into the middle of the "don't wake me up" arena, then wouldn't that seem like a BIG SO FUCKING WHAT?

So probably the more interesting scenario would be to break below $25k, but again, I am not even sure if I might be being too optimistic when I end up assigning up to 60% odds for such.

It seems pretty doubtful that we would stay in this DWMU range until the end of the year without breaking one direction or another, but sure we still ONLY have right about 4 months left in the year.. so it would not be out of the question to stay in this DWMU range until the end of the year.

I am quite likely not going to be holding my breath for any of this, even though I do see why some people are getting bored, and maybe they feel that they already accumulated enough BTC in these prices, which maybe it could be the case, but being more than $1k below the 200-week moving average (at $27,498 right now) does not seem to be a very healthy place in order to have a further break downwardly.. but hey, breaking down (if it is possible) might end up shaking some weak hands, if it does not end up recking some bearwhale twats prior to their ability to be able to buy back the coins that they had ended up selling in such desires to try to get the price of cornz to go downity rather than uppity or sideways.

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I know, i should not quote trolls, but to clear that up for SamReomo (and Merit-poor noobs in general)...  

So, i was a newbie here too, not too long ago, a while after the 2017 blowoff top.
I can only say that the quality of postings, as well as how you are percieved by other people on this thread while chatting, supporting each other and having fun, will "earn" you Merits, as well as making you give up to a half of them back to the community.
The best of all: I never really had earning Merits on my mind, it just happened as i went on posting various stuff and opinions, sometimes only for entertainment, sometimes more serious on serious matters.

So, eXPHorizon's lie is now debunked.

As
usual

EDIT: WARNING  
I have collected quite some hours of deep sky data within the last few weeks.
After experiencing some difficulties with equipment and processing, i began to finish them images today.
Might spam this thread with some new astronomy pics, sooner or later  

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nutilah the man
is he going stop the spam
or will j.. prevail

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Please note that j.. is a 1 syllable abbreviation for jjg as I wanted my 5-7-5 haiku.

Have you seen the absolute trash posts and then you see like some el dude or some other old grumpy dude meriting that post? Not that i care about those at all but i care that they do not want Newbies to get Merits. They childish i can you cant mentality is really stupid and is ruining WO since the start of their presence. Have you paid attention to the posts of "Legendaries" ?

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I have also noticed that and I think that those guys disappeared only to hide themselves for sometime so that they can reappear when the situation gets better. Only because of them there is a discussion going on to completely disable the merit system on WO thread. They all should completely eliminate their habit of posting those memes to get merits.

Nutildah's stance is to stop those members from getting merits in this thread who aren't putting much effort in creating good posts, and they are just posting meme images created by someone else only to gain some merits from the members of this thread who are much generous by nature.

Do I care? I just do what I want to do.

I guess we can only speculate on this but in the end I still feel that it will be more than $35k especially like my previous post the halving is still one of the benchmarks for the eventual increase of bitcoin so my hopes are high this year.

Explanation
Chartbuddy thanks talkimg.com