Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3281. (Read 26716778 times)

Nah mate i'am bullish and currently holding bitcoin myself, I just shared that because i thought WO would be interested to see another "POV".

Any extra info is usefull in my opinion, Even if you may not like it.

OT: Ok, so I've seen on multiple financial channels now where financial analysts have repeated that "Stocks will begin to rise when a full-blown recession is confirmed."

What a fucked up world we live in now when that statement is supposed to make any sense.  

Explanation

Whoaza!!!!!!

I did not know that there was a place in which BTC value could be checked.

I have heard from a friend through an e-mail/private courier that BTC value and price do not always match though, but I had not known if there were a website for that.


Oh?

I did not realize that you were such a bear Hamich124D.  Hopefully you realize where we are at in terms of the 200-week moving average and also other BTC price dynamic understandings whether considering 1) stock to flow, 2) four year fractal and/or 3) exponential s-curve adoption based on Metcalfe principles and networking effects, and you are not sufficiently/adequately failing/refusing to pee pare ur lil selfie for UP in case your lil correlation theory does not play out exactly (or even close) to how you seem to be expecting.

markets were already declining before there was a whiff of a recession.
similarly, market starts to rise at least 6mo before the end of each recession.
look at the Nasdaq...risk stonks are rising the fastest rn.

I won't be too optimistic if i was in your case, I mean july 28th is right around the corner when the bureau of economic analysis  will release their "Advance Estimate"  of the 2nd quarter of 2022 and it will most likely show that we are oficially in a recession, Which is... you know not good especially for BTC

So i would probably want to hold off and wait for this storm to pass before dumping my life savings on bitcoin.

sure, a $1 mil question.
People would keep in "regular" banks (unless we would be in worse than 2008 situation), but not in "crypto" banks, imho.
That ship has sailed for many years, unless they get bank charter with FDIC insurance, but even then, it would be difficult to retain depositors.
Minus 5%-8% due to 'no interest' surely beats minus 100%.

Is preev.com really gone?  How am I going to check bitcoin value every 5 seconds now?! 

"If people will keep their money in the banks, everything will be all right"
-JP Morgan

But will they...

I think that's good advise with regard to the market timing!

We'll see.  It might be this year though...


Nothing for me anyway:
 ...when I appealed, I asked for all the forks (apart from BCH) that were issued till then. It got denied all together 

Further proceeding only via attorney they said...  So I shot myself in the foot by asking for too many shitcoin forks.  Yes.. greed... plus I didn't want to leave anything to these fuckers...

Contacted a Japanese attorney but we concluded it wouldn't be worth the hassle... (was a friend of a friend, so he was honest with me)

Explanation

With Celsius having paid off their debt and FTX saying they have billions of dollars to backstop the crypto industry, you might say this liquidity crunch is on the way to being behind us.  The market is celebrating this news.  Another development in the market is that mtgox sent out another update about funds being distributed to owners.  While no date has been set, it is clear progress is being made towards distribution.  ETH2 also completed another merge test yesterday, signaling those locked funds may be released by the end of the year.  You can see the stage is set for the next major rally.  We just have to wait for the pieces to fall into place.  I'd urge caution until mtgox and eth2 are in the rearview, but then I'd say you'll want to be one of the first through the door (if you're a market timer, always buy if you're a sat stacker).  

 I was thinking ahead with this one.  Rather than fix the price in the image, I merely placed some text above it with bbcode so I can ride this particular graphic to infinity and beyond
------ #DIV/0!------


 Dammit!!!

You are going to have to get to work on a new image.

The old image has become invalidated... sorry to say..    ded like a duck.



It's never enough for some of you people.




hahahaha


What a negative Nancy.


#justsaying


Just for ease of reference, it seems that we tend to like to refer to weeks in terms of the weekly candles that end on Sunday (midnight UTC), but sure there can also be differences between week days and weekends in terms of how much volume is traded or expected to be traded.

I would not mind seeing that $20k daily candle (I know that way back in BTC history - more than 6 months ago seems ancient - were talking about the possibility of $10k daily green candles, but I had already stated that personally, I would prefer to skip $10k and just go straight to $20k).

The bitcoin price is giving more Indication for preparedness to rising but some little more patience is needed to get to that, the week is likely to be ending within the $21.6k for bitcoin as there's high tendencies to maintain this range althrough the weekend starting from tomorrow Friday, nextweek is another opportunity to set in for new priority for a continuous bull, gradually we are moving till it becomes irresistible.

The classic Dyson sphere with 100% efficiency would only be detectable by observing objects orbiting the star. Basically like a black hole. Inefficient sphere would radiate heat (infrared) and be detectable by JWST.

But a Dyson sphere can also be built as a ring or rings around a star. Let's say a strip with solar panels going around the star. This could be detectable because the ring could cause fluctuations in the light emitted by the star.

Building a Dyson sphere would be a multigenerational amazing feat of engineering. The circumference of our sun is 4.4M km alone. Going in a bullet train at 400km/h would take you 1.25 years to circle it. And this ring or sphere will have to be way bigger than that...  so from an engineering perspective I wouldn't believe they exist in the forms I mentioned either...

I'm no expert btw... also my maths suck at times...  

The last time I checked, "the bitcoins" was not a physical.


That would not even be at the 200-week moving average, which is showing itself to be $22,525 as of midnight July 6 UTC (as I type this post).

Don't get me wrong, my system is already set to buy on the way down and to sell on the way up, so I try not to change my system too much, even if we might be at historical low numbers (relative to the 200-week moving average) or even if we were to happen to be at historical high numbers - which might be something like 4-6x the 200-week MA or something like that if we look at BTC's spot price in April and November 2021 relative to the then 200-week moving average.

Sometimes I do kick myself a wee bit when I do get into some tweakenings of my system - because frequently it could be argued as to not really being worth the time, but if I can I start to tweak more and more towards accounting for where we are at. and ways to incorporate more buy orders and to be careful regarding how much is sold at lower prices, and so sometimes I am more trouble than I am worth in regards to playing around too much with such systems. .but at the same time, I do find some ongoing learning in attempting to engage in those kinds of tweaks.

By the way, many of us longer term bitcoiners likely realize that if we do not engage in a bit of extra preparations, we can sometimes end up in a bad place that is partly based on the lack of preparations of others (whether with investments related to bitcoin or just other financial perils of others).  Accordingly, I do try to be careful about bailouts that I give to others, but sometimes there can be needs to do some of that.  Some people are bordering on cocky and smug.. but then it comes to a point that I might have to decide whether to attempt with any bailout.. .. or just working out the details regarding how much of a bailout to give.. these are not easy times to be giving bailouts.. but there might be a bit of SBF in some of us.. and sure some of it might be charitable.. but some of it also might have business ramifications, too... still working out some of the details.. just like SBF is, too (maybe not a good analogy because there were not too many shitcoins in connection with any of my preparations or place that I happen to be, relatively speaking).

Yes, I also got that e-mail today.

Considering how slow this process has been, I doubt we'll see any repayment this year.

Explanation