Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3653. (Read 26730001 times)

I think PlanB has showed some very interesting and often accurate analysis.  I do agree that his rise to mythical predictor status was, like MasterLuc WAAAAAY overblown.  But so is the way everyone now treats him like he is some giant failure has been.

I remember the first interview I heard him on he said, something like "This model is amazing and super accurate over the last xyz period, but all models are only accurate until they break."  And I think he often said that over time.

I would also point out that his model has not broken yet.  We really need more of this cycles time behind us to really make that conclusion.  It seems HIGHLY likely that it will have failed during this cycle... but there are paths forward where it still retains it's accuracy.  They just become less and less likely the further we go.

AND to add some nuance I have always thought his model was quite 1 dimensional, and more about backfilling accuracy than something reliable for the future.  All the acolytes are the ones responsible for the worship of this model.  I always thought it was a kind of silly thing.

Now his 100k by December proclamation.  There he was 100% wrong.  And that was a hubristic mess, that prediction.  I wanted it to be true, as we all did, but that is just silly.  Some of the other silly predictions were even worse.  I still remember Matt Odell getting super drunk and ceiling "Bitcoin T.I.N.A." a bear.  But Tina said he did not think BTC was going to go way up, but that it would probably pull back and go up to 6 digits later.  His prediction in that regard has been right so far.  (Odell irritates me with his "stay humble" bit. His definition of humble is not risking money on alts.  My definition is speaking to others with respect in part, which he never really does)

I honestly think that the right combination of fundamental evens like the ES conference, and an eventual decoupling of BTC from Nasdaq will drive the next bull.  The question is WHEN does it go...  PlanB is a stupid bull like me, and his prediction that "the bear market is almost over" is fairly bold.  And if it IS true he *could* also still get the last laugh for the s2f model...

Probably not... but I hope he's right

Rick and I are heading out to hunt pedophiles to test out our new wood chipper.

Have you seen fertilizer prices lately?!

Going down again? Really? Not even a dead cat bounce to 40K-ish? Retest of 25K coming up or just oscillating in the 29K-30K range again? Actually none of these questions is of any importance in the long-term. May be it is a good idea to buy now a little, and in case shit hit the fan (again) to untie the big bags of fiat savings. I doubt that anyone with half a brain is afraid by these dips and crashes anymore, but may be some are trying to outsmart the market and buy at unrealistic price. I really have no idea what is going to happen later this year. It seems that almost everyone is expecting a long and tedious bear year with prices dropping below 25K and may be even below 20K. But then again, BTCitcoin ALWAYS does what almost nobody expects. So, only because of that and not because the news or market dynamics, I dare to state some scandalous or at least unpopular prediction like 80K+ at the end of 2022.  

Well evidently I just need to use a little powder for this.

(But I still expect a move... this is a beartrap!)

Would you mind if you bite on a gold-coated BTC Bitcoin-themed Washer?

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I will not be surprised if we still see the current range for the next two weeks or so.

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There was a rumor that Micro Strategy is going to sell some Bitcoins. But, According to Bitcoin Magazine, They won't.

MICROSTRATEGY IS NOT SELLING ITS BITCOIN, SAYS NEW CFO
MicroStrategy’s newest CFO confirmed the company will not be selling its bitcoin and has not received pressure from stakeholders to sell in a recent interview.

Source: https://bitcoinmagazine.com/business/microstrategy-cfo-says-company-wont-sell-bitcoin

#HoDL

Probably to get a job delivering pizzas at this rate.

Explanation

bolded truth

You know, now we are seeing Wall Street investors, hedge fund managers, bankers, corporate heads, and even Jim Cramer himself saying the Fed should hike rates more. Even after all this implosion in the stonk market.

Unbelievable. Never in history have the Wall Streeters and banksters called for actually raising rates. Never, ever, ever. They always want cheaper money, not more expensive money. And they don't give a shit about inflation and the main streeters plight.

The ONLY explanation that makes any sense is that they are all now colluding to mega short this market. They want it to crash. They want something to break.

I guess it's the only way to get the Fed to slam interest rates back to 0% and more money printer go brrrr by the trillions $$$.

Yeah me too... I already prepared to leave the country I live in, because of their crazy measures  

Also convenient that I was persuaded to never visit Australia again


Disclaimer:
I had Corona myself. And I know that for many people it's a very dangerous illness.
However the politics and measures that were created using Corona as an excuse frighten me even more. Just so 1984

good thing we had the current test pandemic 1st then. it allowed be to tweak my preparedness.

Explanation

Bill Gates is a better market predictor than even PlanB  

https://www.standard.co.uk/news/uk/bill-gates-microsoft-smallpox-terror-attacks-policy-exchange-jeremy-hunt-b964271.html

New predictions from Masterluc PlanB...


"The good news: bear market is almost over."

https://twitter.com/100trillionUSD/status/1527659621179072517?cxt=HHwWioCxoZyVq7MqAAAA

OT: The next "plandemic" is likely underway. Complete with social distancing, lockdowns, and masks...again.

I'll just leave this here, check out page 10-12:

https://www.nti.org/wp-content/uploads/2021/11/NTI_Paper_BIO-TTX_Final.pdf

Also, all of this:

https://www.google.com/search?q=monkeypox+2022&source=lnms&tbm=nws&sa=X&ved=2ahUKEwjYo_3Xqu73AhUIk2oFHdEZCLoQ_AUoAXoECAIQAw&biw=1707&bih=847&dpr=1.5

🤣 🤣 🤣

I have a little tingle in my somewhereoranother area...

I know it's a weekend so I do not know if this tingle represents a move soon, or starting next week... but I am thinking we go look at the 33-35 area. 

Time to test.

That'd mean we go down to 16k-18k  

Explanation

I am going to be pissed off if I bite into any bolts, nuts or washers when eating my fillippone-prepared pizza.

#justsaying.