Looking for the monthly accumulation/distribution to bottom out and reverse (turn up from in the red zone) , which should be roughly the bottom WHEN that happens (it is not happening atm as you can see on chart)
Monthly
SLUT
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3450. (Read 26712959 times)
June 12, 2022, 07:09:42 AM
Looking for the monthly accumulation/distribution to bottom out and reverse (turn up from in the red zone) , which should be roughly the bottom WHEN that happens (it is not happening atm as you can see on chart)
Monthly
SLUT
June 12, 2022, 07:01:28 AM
June 12, 2022, 06:57:04 AM
Bitcoin dominance going up quickly now, 47.5% on coinmarketcap.
Shitcoins being shitcoins again.
Shitcoins being shitcoins again.
June 12, 2022, 06:30:09 AM
Snowden is a Zcrap insider.
The “trusted setup” is gone in Halo2—a
Leave the shitcoin shilling to another thread.
Strong disagree, this is one of the best and most important and relevant topics in my humble opinion , BTC topics, and that is what we are essentially talking about here... that I have seen in this thread in a long long time.
Very much enjoying it
Hats off to death_wish... keep it coming.
Just my point of view
June 12, 2022, 06:04:54 AM
June 12, 2022, 05:37:57 AM
Blame it on pandemic.
Or War in Ukraine or Afghanistan or whatever… just don’t fix it.
https://twitter.com/byheatherlong/status/1535245905045209090?s=21
Or War in Ukraine or Afghanistan or whatever… just don’t fix it.
https://twitter.com/byheatherlong/status/1535245905045209090?s=21
June 12, 2022, 05:09:06 AM
Had some free time today, so I decided to fire up MATLAB and try to create some BTC/USD polar (a.k.a. spiral) price chart visualizations.
Trying to catch up and not really up to posting but this is a great chart visualization you setup so had to comment.
What is the absolute minimum time frame for length to be in profit.
Obviously its in between the 2 and 4 year but i'd like to know the exact timeframe as it would be nice to see if it holds as we progress.
Thanks Hueristic, and to everyone who found my visualization helpful (links to post and video, for those who missed it). I'm also VERY busy IRL right now, so I've had to switch to "lurker" mode. I'm trying to keep up with WO, and very quickly skimming through the posts.
On to your question, which is very interesting, and is one that also came into my mind while writing the visualization code and observing the results. You're right, the profit threshold is between 2 and 4 years. This is obvious, by comparing the plots for Case 4 and Case 5. Answering the question programmatically is not very trivial, so I found the answer graphically, by observing adjacent plots (one day apart), around the time point the spiral untangles. It turns out that the profit threshold is at 1096 days. This is around 156 weeks, or exactly 3 years. The funny (and interesting) thing is that this threshold is EXACTLY 3 years to the day (1096 / 365.25 = 3.0007)! The price point at that time is just under $20k (around $19,700).
Edit: After posting this, I did some verification of the price data, just to make sure I haven't mada a mistake. Everything checked out, but what I also realized was that the time the spiral untangles is on 17 December 2017—the exact time point of the 2017 ATH (for the older cycle). Hence the price of just under $20k! For the newer (outer) cycle, the time point is 1096 days (3 years) later, which is on 17 December 2020.
Here's the relevant polar plot (indicating the point the spiral untangles):
When I have some free, time I'll try to think of other ways to visualize price data, so that we can get a better understanding of price dynamics. For the time being, I'm in "HoDL-&-wait" mode. The recent price drop (and even today's drop to nearly $27k) does not worry me. I'm convinced that it's just a matter of time for the price to reach 6 digits and beyond. Just need to wait for a little while longer... We're all used to that. This is fine.
Here's an idea:
Try representing 360deg as time between halvings. For the next halving use the projected date. This should sync and scale the graphs and might give some insight...
June 12, 2022, 05:01:21 AM
June 12, 2022, 04:17:44 AM
This price is still too high for me to buy 
Come on, bears, you can do better! At least try again to break 25K unless you have small d..ks!!!
Come on, bears, you can do better! At least try again to break 25K unless you have small d..ks!!!2k isn’t the issue long term and whiteout trader intentions…. The DIP is sweet enough to buy and sure to at least start buying…..
I did my purchases already on the way down to 25K. From now on I have 2 options. 1. I will continue DCA no matter the price. 2. I could use some of my retirement savings to buy more but for that the price should be lower than my average sell price. So far this is not the case, since I decided to sacrifice some fiat and buy higher than I sold. I can do this no more, however. My average sell price used to be 31K but last year I felt that it won't go lower, so I've bought back at 40K even at 50K some. As a result my average sell price fell to 21K.
It Not a bad strategy as you continue to DCA, it's hard to correctly predict the bottom of the market at this point in time in the market.
Bitcoin is really in the critical zone where things could take different different direction, therefore it is better you not Miss out the opportunity to still buy under $30k as you look up to the future price of BTC with your strategy in order to beat any outcome in the market, than waiting and not buy at all.
June 12, 2022, 04:01:25 AM
June 12, 2022, 03:44:01 AM
June 12, 2022, 03:25:38 AM
This price is still too high for me to buy Come on, bears, you can do better! At least try again to break 25K unless you have small d..ks!!!
Come on, bears, you can do better! At least try again to break 25K unless you have small d..ks!!!2k isn’t the issue long term and whiteout trader intentions…. The DIP is sweet enough to buy and sure to at least start buying…..
I did my purchases already on the way down to 25K. From now on I have 2 options. 1. I will continue DCA no matter the price. 2. I could use some of my retirement savings to buy more but for that the price should be lower than my average sell price. So far this is not the case, since I decided to sacrifice some fiat and buy higher than I sold. I can do this no more, however. My average sell price used to be 31K but last year I felt that it won't go lower, so I've bought back at 40K even at 50K some. As a result my average sell price fell to $21K. Since I sold in €, the € crash made the things even worse. If I calculate it now it is even lower $18.3K. So, it is quite far from what we have now.
On the other hand, I have kept 66% of my stash and above 100K I can retire in some not so expensive location like Monaco of course, but still in a fairly good place. The reasons for the sell were to buy some real estate but I changed my mind and decided first to have some cash for travel and much later to settle somewhere. I'm still searching for such place, where I will have everything I need - food, medical care, infrastructure, etc. And this is by no means an easy task.
June 12, 2022, 03:04:53 AM
June 12, 2022, 02:46:13 AM
This price is still too high for me to buy Come on, bears, you can do better! At least try again to break 25K unless you have small d..ks!!!
Come on, bears, you can do better! At least try again to break 25K unless you have small d..ks!!!2k isn’t the issue long term and whiteout trader intentions…. The DIP is sweet enough to buy and sure to at least start buying…..
June 12, 2022, 02:38:01 AM
This price is still too high for me to buy Come on, bears, you can do better! At least try again to break 25K unless you have small d..ks!!!
Come on, bears, you can do better! At least try again to break 25K unless you have small d..ks!!! June 12, 2022, 02:04:53 AM
June 12, 2022, 01:16:13 AM
Show proof that you represent Bitcoin.org, or fork off and die in a fire.
(Protip to newbies: Check trust page.)
June 12, 2022, 01:01:24 AM
June 12, 2022, 12:50:09 AM
Filed under “trust the science”:
Thermonuclear detonation across the entire blogosphere in 3... 2... 1...
After reading the article twice, I decided that Science is the grandmaster of all trolls. Political comedians will have a jolly good time with this one; the jokes practically write themselves. I have not laughed so hard in a very long time—much needed now. (Cheer up, Bitcoin!)
https://www.psypost.org/2022/06/attractiveness-is-associated-with-the-belief-that-economic-success-is-dependent-on-individual-effort-rather-than-external-circumstances-63312
Attractiveness is associated with the belief that economic success is dependent on individual effort, rather than external circumstances
...beauty is also associated with lower support for redistribution. Attractive individuals are more likely to attribute economic success to individual effort, as opposed to external circumstances.
Studies examining the association between looks and political preferences have found that attractive people are more supportive of right-wing parties.
Attractiveness is associated with the belief that economic success is dependent on individual effort, rather than external circumstances
...beauty is also associated with lower support for redistribution. Attractive individuals are more likely to attribute economic success to individual effort, as opposed to external circumstances.
Studies examining the association between looks and political preferences have found that attractive people are more supportive of right-wing parties.
Thermonuclear detonation across the entire blogosphere in 3... 2... 1...
After reading the article twice, I decided that Science is the grandmaster of all trolls. Political comedians will have a jolly good time with this one; the jokes practically write themselves. I have not laughed so hard in a very long time—much needed now. (Cheer up, Bitcoin!)
June 12, 2022, 12:38:41 AM
Had some free time today, so I decided to fire up MATLAB and try to create some BTC/USD polar (a.k.a. spiral) price chart visualizations.
Trying to catch up and not really up to posting but this is a great chart visualization you setup so had to comment.
What is the absolute minimum time frame for length to be in profit.
Obviously its in between the 2 and 4 year but i'd like to know the exact timeframe as it would be nice to see if it holds as we progress.
Thanks Hueristic, and to everyone who found my visualization helpful (links to post and video, for those who missed it). I'm also VERY busy IRL right now, so I've had to switch to "lurker" mode. I'm trying to keep up with WO, and very quickly skimming through the posts.
On to your question, which is very interesting, and is one that also came into my mind while writing the visualization code and observing the results. You're right, the profit threshold is between 2 and 4 years. This is obvious, by comparing the plots for Case 4 and Case 5. Answering the question programmatically is not very trivial, so I found the answer graphically, by observing adjacent plots (one day apart), around the time point the spiral untangles. It turns out that the profit threshold is at 1096 days. This is around 156 weeks, or exactly 3 years. The funny (and interesting) thing is that this threshold is EXACTLY 3 years to the day (1096 / 365.25 = 3.0007)! The price point at that time is just under $20k (around $19,700).
Edit: After posting this, I did some verification of the price data, just to make sure I haven't made a mistake. Everything checked out, but what I also realized was that the time the spiral untangles is on 17 December 2017—the exact time point of the 2017 ATH (for the older cycle). Hence the price of just under $20k! For the newer (outer) cycle, the time point is 1096 days (3 years) later, which is on 17 December 2020.
Here's the relevant polar plot (indicating the point the spiral untangles):
When I have some free time, I'll try to think of other ways to visualize price data, so that we can get a better understanding of price dynamics. For the time being, I'm in "HoDL-&-wait" mode. The recent price drop (and even today's drop to nearly $27k) does not worry me. I'm convinced that it's just a matter of time for the price to reach 6 digits and beyond. Just need to wait for a little while longer... We're all used to that. This is fine.
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