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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4649. (Read 26608056 times)

member
Activity: 157
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good start into october


63k this month seems possible.


lets have this awesome Peak in december.
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Thanks, CB, let it go up, up, up!
Going on with real life stuff now...
#hodl
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Part of me is fucking concerned if I’m honest.

My gut is telling me S2F falls apart soon. In shambles and an afterthought by March 2022.

Hope I'm wrong, but I think we should expect a slower rise than some are anticipating.

seconded.
But by all means, i don't follow the "fool of the bulls" argument from Torque. Bulls know how capitulation looks like, wait for it then and get in (around the infamous "mindrust point").

Even though I can recognize some value in a buying a dip approach, many of us need to be careful with any such approach that is going to hold large quantities of our fiat waiting for dips that do not end up happening.

Of course, we are going to feel smart as fuck if we end up buying upon a mindrust kind of moment.. but those kinds of moments are definitely difficult to identify and/or prepare for.

I am not really writing my response for you OOM, but instead about your seemingly misleading comment in regards to your rendition of your buying on the dip intentions/practices.

Let's say that anyone who has already accumulated a decent bitcoin stash, but that same person is trying to time some of the BIGGER BTC price swings in order to get some additional profits from what is a somewhat inevitability in bitcoin, which is decently high volatility.  So, a kind of presumption is that person is already pretty well prepared for UP, they just want to supplement their BTC stash with some additional BTC from the quite likely inevitable BTC price dips.  My suggestion would still be to figure out some kind of a formula that attempts to anticipate the most extreme that we might expect any dip to be able to go, and to stagger buys at various points on the way down, and surely still hopefully being able to take advantage of the most extreme aspects of the extremes... if those extremes were to end up happening.  

One possible measurement would be to use weekly moving averages, and I consider the 208-week moving average (currently $16,000-ish) to be the now current measure of extreme of BTC price lows for bear markets and the 104-week moving average (currently $24,000-ish) to be the now current measure of extreme BTC price lows for bull markets.  Accordingly, staggered buy (buy on dip) orders could be set to go down to something around those levels of extremes..

I hilighted the part my "seconded" was referring to. The slower than anticipated price rise.

Oh?  maybe I misinterpreted part of what you were saying, then?

Definitely. But it forced me being more precise, which is good.

Some WO's granny predicted 80k (we don't know if € or $, yet), and i feel this could also be the top in 2021,

If it is in the WO then it should be in dollars... because that is our trading pair reference in these here parts...

And surely $80k seems like a very small blow-off top, so it does not seem too likely.. at least in terms of the various credible BTC price prediction models that we have, currently.
The granny wasn't a WO, afair the WO wrote that he didn't ask about the currency and she only said 80k, as a fortune teller. (Did i forget to mention that?)
The WO in question must have been a europe based member then. Was it 600Watt? I don't even remember which of WO's are european, excluding el_dude, xhomerx10, fillippone, Arrie and gyrsur (where is he, btw?), along with some dudes sporting low quantity posts in WO.

Still, my memory seems to improve slowly over time.

while it absolutely says nothing about 2022, maybe in Q1 we can see double figures or three times as much before possible blowoff or consolidation.
All just SOMA.

I doubt that it is very meaningful to separate calendar year and talk separately about what might happen in 2022.. because for all intents and purposes, we are in the middle of a cycle and a bull run, so the ONLY real question remains when the bull run portion is over.. Is it already over?  Not sure yet, but seems like, not.


I agree.

As for moveing averages, i'd search for those that fit past cycles best.

The 104-week and the 208-week moving averages work, so I suppose it depends on what you are trying to achieve... I try NOT to give too many shits about the various happenings in the middle of a cycle.. but I am somewhat concerned about bottoms or potential bottoms.. so call that part of my bias and the reasons why I have recently been trying to employ the 104-week moving average and the 208-week moving average in terms of expressing some of my concerns.
I set them in cryptowat.ch and looks like they make good sense.

I don't care if i set most of my orders higher, just to avoid remaining, sitting on a bag of slowly decreasing fiat money.

Fair enough.. there is likely a balance in terms of how much fiat to hold... and peeps are going to come to differing conclusions regarding their comfort levels in those regards.
I violate that balance regularly, tho.
A bit risky, but then again, i can always sell some corn when in urge of needing fiat.
Most of the time the price went up, the tax-free holding time of 1y passed, so it's a net+
One time i think i sold at a loss, but i "gained" so much more with the bigger, held portion of the stash, and i was even able to buy back most at a lower price, all in 2018/2019.


Seven replies while i was typing... holy f... i'm slow  Roll Eyes

Yes.. you are a slow poe.. I must admit.

 Tongue Tongue

This is due to the fact i have to re-read basically every sentence if it makes sense, check for editing errors, repetition...
Hard work for a brain like mine, which is running on reserve in some parts. I used to be a perfectionist. You can scratch that with a condition like poor working memory.
Plus the time i have to consult an online dictionary for words i randomly can't translate myself. I could sit down and think, but this would take much more time and even more time because of secondary effects of taking too much time to build sentences.
We all know that little pause events, when we ask to ourselves "wait, what did i want to say/do?" - I experience this constantly. Misplacing tools all the time, when i do manual work is also something i had to get used to. With such condition, you really have to take care of self-esteem and watch out that you don't start to hate yourself.

Like so, when returning from the online dictionary:
What did i just write before? Let's check... Hmm, feels like i already wrote something like this in this reply, let's see...
Great, i didn't. So what was it all about? Gotta re-read the paragraph i'm replying to... Oh, yeah, that was it. That's what i was about to reply, let's continue.

It's between a couple of seconds and half a minute, where i can keep an idea which i was following, without repeating it to myself.
Short term memory is ok-ish, long-time memory is great, but the buffer and storage/retrieve routines in between don't work right.
The good part: Once something gets into my long term memory, it stays there. Question is if i can remember it at the time when i need it.

I remember everything before my little exhausting flu almost perfectly, though.
The self-repetition habit changes my mind though, it makes almost everything heard last stick for a while. For example, when i go shopping and they play some music in a store, as soon as i get out, the song is repeating in my mind, until it get's cancelled by the next input-stimulus. If it goes on for too long, it kinda burns itself in a little. My car stereo is turned off most time, because of that  Grin Man, do i love silence, btw  Smiley

EDIT: writing all this took me another 5 in-between replies, FYI. (less than 50 minutes) Which is not too bad, considering the word count.
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
That's our perverted little sex hungry prostitute loving friend Craptotourist. He sticked his dick into a powerful vacuum cleaner and it got torn off. Police evaluating the damage.  Grin

Such humour. Try harder. Tongue



October Lift Off??

… for ants.
Where is my $10k green dildoooooo???
legendary
Activity: 1526
Merit: 2617
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
OK, so tell me when The Federal Reserve Chairman has any power to ban anything?Huh
He can suck my left nut.

Somewhat related.



Any background story on this, bud?

GOOD MORNING, VIETNAM WO!

That's our perverted little sex hungry prostitute loving friend Craptotourist. He sticked his dick into a powerful vacuum cleaner and it got torn off. Police evaluating the damage.  Grin

legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
OK, so tell me when The Federal Reserve Chairman has any power to ban anything?Huh
He can suck my left nut.

Somewhat related.



Any background story on this, bud?



GOOD MORNING, VIETNAM WO!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
One doesn't have to have a degree in psychology to see it. Freud, baby.  Grin

Don’t worry, you’ll never have a one - not that it matters in any way.
Now you sound like a real cuntonian - exphorizon and alike, was all about Freud mumbo jumbo.


Besides, you were whining you couldn't get a hooker because of covid (and obviously being too dumb and ugly).

That was a sad few months of my life. I love prostitutes.


So jack off and stop bitching please. Everybody here is tired of your retarded delusional posts.  Cool  

If anyone is delusional, it’s you, thinking I’m going to allow the serveria.com account to post without any side-effects.
Think again, boyo.


So now when I showed you the proof and facts perhaps you could do the same and prove I own multiple accounts?

Errr, no. Only admins of this forum can possibly do that. Besides, can we have another glimpse of you with that Slovenian gas mask?


Or admit you're just a troll looking for attention?  Grin

Do you think that I enjoy arguing over the WO, with a low life scumbag such as yourself? Newsflash - I don’t.



Morning WO.
And what a fine day it is today:

https://bitcointalksearch.org/topic/m.58066306
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 157
Merit: 68
Forget about the dollar valuation of a bitcoin for a second. Bitcoin the network is doing today what I hoped it would be doing many years ago getting my first few sats. Just amazing, this decentralized and politically neutral network of value (transfer) is a thing of beauty.  And increasingly so while ageing. One can only be humble how we slowly, and then suddenly, witness Bitcoin financially liberating people all over the world.


https://twitter.com/nayibbukele/status/1443767018226917376

this is going really good.

we need the next following country. And the next one.

Then the dominos will fall fast.

legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Forget about the dollar valuation of a bitcoin for a second. Bitcoin the network is doing today what I hoped it would be doing many years ago getting my first few sats. Just amazing, this decentralized and politically neutral network of value (transfer) is a thing of beauty.  And increasingly so while ageing. One can only be humble how we slowly, and then suddenly, witness Bitcoin financially liberating people all over the world.


https://twitter.com/nayibbukele/status/1443767018226917376
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it


Very cool, but not as cool as this one

Piece of fine home interior

Thank you my friend. I'm so happy to know my piece is in good hands and appreciated. That means a lot to me.

So sorry to hear about your dog passing, dude. My condolences.

I really liked this one!
legendary
Activity: 3010
Merit: 8114
I am more than happy to make a jpeg for anyone who asks.

I'd like one please.
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1974
Merit: 2124
Maybe. Just remember that bitcoin can get to a 100 million dollar valuation mark.
But when this happens, how much is a gallon of milk? If it is 10k USD then the real purchasing power would be little changed.

I bet $10k for gallon of milk is coming fast then bitcoin anticipations for skyrocket.The people wonder the same combo meal of cold drink and popcorns cost way too much in malls then it used to be and the quantity has been reduced also? Welcome to inflationary world.

The best use of fiat in some countries like Venezuela is for craft making and they are using furniture made out of it as it's totally worthless and bitcoin could be a savior for them.



Why this happens? The government is printing notes out of thin air and the currency got depreciated.So the milk gallon you are saying is readily to come at that point also undoubtedly.

But what will you prefer like what's the bill sir?

$10k for milk gallon or 0.00004 btc is your choice.
member
Activity: 157
Merit: 68
Anybody like to share their thoughts on the current market, price action?

It looks weak AF to me. I mean, I think everything is OK & we should rally in Q4 but we really need to start moving up soon. Part of me is fucking concerned if I’m honest.

It's always darkest before the dawn. September hasn't been particularly great for BTC since the beginning. Our targets for Q4:
October = new ATH (over $60k)
November = up to around $100-120k
December = blowoff top anywhere between $200-450k

So stop whining and get ready to get your face melted by this epic rally...  Cool


The pattern is simple

so far....



2012            ~$7.10
2013            ~$1,163        =  ~7 times the next low
2015            ~$152           =  ~20 times the previous low
2017            ~$19,666      =  ~7 times the next low
2019            ~$3,122        =  ~20 times the previous low
2021            ~$420,000    =   ~7 times the next low
2023            ~$60,000      =  ~20 times the previous low
2025            ~$8,400,000   


-PoolMinor




420,000 Dollar seems like a good Number for Bitcoin. Lots of people like it.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
OK, so tell me when The Federal Reserve Chairman has any power to ban anything?Huh
He can suck my left nut.

Somewhat related.

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