Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3821. (Read 26713645 times)

I was going to buy an Apple iPhone SE 2022 but then I realised how much I hate Vladimir Putin after he invaded Ukraine for the second time, so cancelled my order.

 

Yeah...the world economy is doing sooo fkn well, that Apple is cutting back their new iPhone SE production by 20%.

https://www.cnbc.com/2022/03/28/apple-reduce-production-budget-iphone-se-china.html

Their BUDGET model. By 20%.  

It's contagious. ...LFC.. and likely a few other purported longer term BTC bulls expressing similar sentiments regarding our likelihood for flat or down all the way through this calendar year, perhaps most of next calendar year too and into early 2024.. It's almost as BIG as a holy fuck (or is it sheeeeit) that we can be considering that king daddy is somehow constrained by calendar years and 4-year fractals and nonsense timing frameworks like that when the top for this cycle that we are currently in has been manipulated to fuck, and most likely delayed (postponed) rather than cancelled... but hey, think what you like.  

I will, at least, admit that I had remained bullish in 2018 regarding our correction being temporary.. until about November 2018 when we went down from $6k to $3k, so at that point.. I finally gave in and conceded that we were in a bear market...

I will also admit that I have my own lagging indicator characteristics.. especially when it comes to my predisposition to proclaim a bull market... when in doubt proclaim we are in a bull market, and think about if it might not be correct later.

Even the folks who had been considered longer term bulls coming out with their conservative predictions.

I do remember your posts in 2015/2106 and even into 2017 Torque..... even though you frequently, like to proclaim yourself as an "always knew we were going up" kind of poster, that surely is not been your reserved and pessimistic history - even  though I would concede that you have become quite a bit less doomy and gloomy about bitcoin in recent times, yet part of what has continued to bother me is that some of your posts attempt to show you as if you always knew..blah blah blah.. bitcoin going to the moon.. which surely had not been the case in your posting history... .. in other words, not trying to be too arm-chair analytical of you, but your skepticism, reservations and conspiracies about manipulation in other macro-assets have nearly always contributed towards your outrageously negative bitcoin statements including some of the seeming fallacies that you seem to speculate that a lot of the negative manipulative playbook manipulation strategies that have happened in various traditional assets can just be transferred over to bitcoin.. it is like the fallacy that says.. look what they did to gold, they are going to do the same thing to bitcoin.. even though I appreciate that you have come to recognize that some of the gold manipulation tactics are not going to be very easy to carry out in bitcoin and therefore bitcoin is going to continue to have UPpity price tendencies, in  spite some of the financial manipulation tools that are coming into play in bitcoin in order to attempt some of those same kinds of manipulation strategies.


Showing your lack of appreciation for what bitcoin is.  You are trapped.. and likely to get reckt because of your failure/refusal to adequately prepare for UP.. even if you assert that you are an ongoing baller (in terms of your supposed ongoing trading wins).... in other words, "out of your mind" makes it appear that you might be assigning less than 1% odds to $120k in this calendar year.  Or maybe you mean less than 10%.. which surely might still be framed as "out of your mind" but still does not seem to be lined up with the extreme of your language ImThour.

I surely would not put $120k at more than 40% odds for this calendar year, even though on December 6, I had assigned 44.5% odds of such number having had been reached by this calendar year or by no later than 1st quarter 2023.  Perhaps bitcoinPsycho has assigned higher odds than me?  perhaps greater than 50/50?  I might consider anyone assigning greater than 75% odds to something like that to be a bit looney.. yet sometimes it is a matter of degree (or probability assignments) rather than disagreeing on likely direction.. but just how likely remains another aspect to consider.. how far and how likely.


It's confirmed, bitcoinPsycho.

You are truly psycho, and your name does not lie.

Ohh shit!... I was just thinking, when were you going to post! and bam! there you are!

BUY signal guys!.. best TA you ever need!

proudhon post = BULLISH!

No problem. 99k will do for now.

Don't waste your time JayJuanGee. People like him can not be helped!.. Fortune Tellers and Crystal Ball readers like him can not be reasoned with! I have pulled him up on his post, many times without any response, typical of a snake oil salesman! Just brushes it off and moves to the next post!... kinda reminds me of a John Edward!...

Still waiting on clarification of "not sure if many of the people here know that you need to gain 200% up to recover 100% down"

https://bitcointalksearch.org/topic/m.59653072

Little bit of upside noise, but the main prediction remains perfectly intact as we remain within the predicted bear channel. Bitcoin will never reach $100k.

Predictions:

• BTC to 94K by end of year, then pulls back
• Llama says BTC will never reach 100K
• JJG continues to post messages that are too long to read.
• Will Smith gets stripped of his Oscar win after violating Academy Awards Code of Conduct, Denzel Washington will get best actor instead
• Ukraine war fizzles out, no one in the west gives a shit and people move onto the next crisis
• Putin stays where he is after obtaining permanent control over some parts of eastern Ukraine
• Zelenskyy moves to Miami permanently and enjoys billionaire lifestyle, never to be heard of again
• Hunter Biden hosts a massive arts show
• Joe Biden shits his pants on TV at some point
• Boris Johnson still doesn't comb his hair
• Announcement that Will Smith will star with Chris Rock in Anger Management 2

Explanation

Bitcoin at $47k and according to 21 WMA we are back in the bull market, which also confirms the weekly MACD.

Thanks

Lol OK

One of the BIGgest problems that come to normies through these pumps is their having had failed/refused to buy sufficiently in order to be prepared for UP... They believe that they have more time and maybe the price is going to dip more.... they do not want to buy BTC if it is going to end up dipping more and make them look like a fool.  So they end up looking like fools because they failed/refused to take reasonable strategies to prepare for UP by buying some BTC.

Many of us here likely realize that unless you are coming to bitcoin with an already existing lump sum that you are able to transfer into BTC, it is likely going to take several years to really establish some kind of meaningful stake in BTC.. so even if you get started with a small investment into bitcoin, that early small investment is likely ONLY the start... 

Historically (in the past 4 years or so), $10 per week might have been enough for a newbie.. but it could well take the whole of 4 years or so to really start to feel that one's BTC stash is really starting to feel meaningful...   These days, any newbie to bitcoin should be attempting to stack at least $100 per week into bitcoin (if possible).. and sure there can be some reassessment along the way regarding putting in additional cashflow.. and then also to look at where you are at in 4 years.. and maybe some tweaks can be made.. but if it takes traditional normies 30 to 40 years to actually have any potential to reach fuck you status, it is possible that a bitcoiner could knock that in half... and maybe it is not even very fruitful to suggest that fuck you status can actually be met 15-20 years down the road unless there is a decent allocation to bitcoin contained within the currently-new entrants investment portfolio.


Don't get overly-bullish with your outlandish predictions, Torque.

#justsaying

 

Got to be out of your mind to think about $120k by EO 2022.

Because we're not going to see that kind of price until closer to next halving.

Why so pessimistic on the price? I'm predicting $120K by year end and that's conservative

After March is over, Wall Street will be in the red since January to the tune of about negative 12-15%.

They will need to make that up and then some, to be back in the black by EOY 2022. They absolutely cannot afford to have a down year.

And believe it guys, they will get there.

Watch for the rest of the year as the stonk market (which logically should continue to crater along with the economy) mysteriously hits new high after new high, all the while Ukraine War rages on as well as continued absurd ongoing inflation, job losses, and economic meltdown. The stonk market should hit a new record ATH by December.

Bitcoin will be at least > $55-60K by year's end.

O.k.  so what would you be proclaiming the significance of the 50 week moving average currently?

The 50 WMA is frequently visited with corrections.  Currently it is around $46k, and it has been ranging between about $45k and $46k in the past four months.

Are you changing your mind about your earlier assertion that we need to go down to the 200-WMA before being able to go up?  Are you suggesting that our 1-day-ish about the 50-WMA has some kind of short term significance or that such 50-wMA is still being tested? 

It would be helpful if you were more clear about you are saying and whether you have changed your position from your earlier assertions... I am not even asserting that any of us should be stuck with our predictions of the past, but your predictions of the past stand out because they were so outrageous and you had a pretty bad way of presenting them in a kind of whiny way.. and making the whole matter personal... as if you were being personally attacked because some members (including yours truly) wanted you to clarify what you were saying.. and surely you have both wiffle-waffling and lack of clarity in your predictions and you also become adamant about them, which causes such predictions to come off as even more nonsensical.. if not trollish.. 

If you had not noticed, some of the hostility towards dumb-ass vague bearish predictions, does not come because the predictions are bearish, but instead because they bearish predictions frequently are vague, waffling and seem to be just proclaiming wishes rather than being backed up.. which seems to characterize a lot of your earlier assertions.. so why should any of us consider that you have changed your ways to become a more fact-based rather than an overly emotional and wish-based predictor?