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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4653. (Read 26607966 times)

legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
~ go to $10m, $20m, $50m, even $100m. Over time.

I really don’t see that Dabs, like ever. Unless you’re talking about the Idiocracy Era (year 2500+).

Maybe not in our lifetimes, but you never know. I've seen more than a few essays talk about these numbers and hyperbitcoinization. It's going to approach those numbers within the next 100 to 200 years, not all the way to year 2500. Maybe even before year 2140 (the last satoshi mined.)

Again, we'll have 20 million coins already by 2028, and 99.9% mined by 2048 (another 20 years after 2028). So it will start happening between those two years.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
gasnow shutting down, 1inch legal warnings on website, more services going to shut down.  seems the china crackdown has more muscle this time.  good riddance china

Waitaminit here.

It's an informative site that provides ETH  I N F O R M A T I O N and even the info is being cracked down on?



Hmmmm...

Ser. We can see your fucking shorts. Have a modicum of decency, pls.

EDIT: LOOP channel established and gonna baby it like a little Tamagotchi. Gonna try not to let it get entirely drained this time around... I hope...
legendary
Activity: 3892
Merit: 4331
EDIT: You could also leverage. Who doesn't these days?  Cheesy Cheesy Cheesy

I don't...f-n hate leverage, NEVER used it since 2002  Grin. The siren call of leverage is strong, but the results are dismal...sooner or later.
legendary
Activity: 3892
Merit: 4331

pictures are very well done, I have to say...@sirazimuth may think of making a limited NFT series out of it...I know , I know, you guys mostly dislike that "nifty" concept.
Nobody knows the people on the list outside of WO, though, but who knows, when btc would be at $5mil, WO might have a place in history, lol
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
Indeed, I will tell you more: the Stock to flow is going to break 100% in the future.

That’s probably going to become true, when 99% of the coins have been mined - or maybe a bit sooner like around the 2032 halving.


In a few halving at best, the stock to flow is going to break, ~

Call it for what it is, 2-3 halvings (2024, 2028, 2032 max).


~ either because Bitcoin is going to break, ~

What if, it doesn’t “break”, and becomes kinda stable up there - let’s say around the $4M USD mark.
It will continue to be deflationary in it’s nature, far less volatile, making the boom and bust cycles a thing of the past. Stablecoin bitcoin. Wink


~ or because the dollar is going to break.

That’s already broken man!


Your choice. 

Not really. It’s a no-brainer.

Let’s pretend that we are already there (2032-33, $4-5M per coin), and you still have the choice between BTC and FIAT. What’s it going to be?



~ go to $10m, $20m, $50m, even $100m. Over time.

I really don’t see that Dabs, like ever. Unless you’re talking about the Idiocracy Era (year 2500+).
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
                           



Very cool, but not as cool as this one

Piece of fine home interior
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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.

legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
An extremely sad day for historic arcade rom preservation

Fuck Nintendo bullies

pleasuredome.org.uk    shut down forever  Cry


Edit: just in case   https://r-roms.github.io/
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
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.

I don't think S2F adequately compensates for the reduced effect of halvings. We're nearly at 90% mined. Supply is basically already fixed. Demand is what will drive appreciation.

Isn't S2F all about halvings? It's called Stock to Flow based on what is being mined or what supply is coming in, compared to what is already there.


Stock to flow is only about halving.
I dedicated a lot of time to study that model:
Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity

Every person with some intelligence should now that the model could be invalid at some point…

Indeed, I will tell you more: the Stock to flow is going to break 100% in the future.
In a few halving at best, the stock to flow is going to break, either because Bitcoin is going to break, or because the dollar is going to break.
Your choice.
 
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto

Nice. So what can we do with this? Can it be used to make an actual physical coin thing? I don't have any 3D printers or CNC machines though.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
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.


Quote from: Google Translate
The state company Chivo negotiated with the largest gas station companies in our country, so that starting tomorrow, their stations will sell each gallon of fuel $ 0.20 cheaper, with @chivowallet
https://twitter.com/nayibbukele/status/1443410462129983490

I got many questions on this (like why isn't the discount for payments in BTC only, and why Chivo app and not any lightning wallet etc...) but conceptually this is what it's all about. Sure you can continue paying with your credit card for "free" or get savings for transaction fees passed back to you if you pay with lightning. Market cap of credit card companies is (was?) $1T oops...

Let me provide discount on every global transaction and I care not who writes the laws (or BTC's current price action)
legendary
Activity: 3388
Merit: 3514
born once atheist
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
gasnow shutting down, 1inch legal warnings on website, more services going to shut down.  seems the china crackdown has more muscle this time.  good riddance china

anyways yall see the compound fuckery ?  holy shit, i think you supply usdc or borrow wbtc and get a shitton of comp for no reason.  noticed all the apy % for distribution is set to 0 on the website and the "claim" button is pretty much non-existent now.  System broken ? no problem, just change the website so people cant click on it rofl  Grin
cant make this shit up
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
 the diff is upwards

Quote
https://www.bitrawr.com/difficulty-estimator

Latest Block:   702874  (2 minutes ago)

Current Pace:   101.1135%  (1307 / 1292.61 expected, 14.39 ahead)


Previous Difficulty:   18415156832118.24                            
Current Difficulty:   18997641161758.95                            
Next Difficulty:   between 19211323407313 and 19241870256229
Next Difficulty Change:   between +1.1248% and +1.2856%
Previous Retarget:   September 21, 2021 at 10:12 AM  (+3.1631%)
Next Retarget (earliest):   Tuesday at 6:30 AM  (in 4d 20h 51m 55s)
Next Retarget (latest):   Tuesday at 6:58 AM  (in 4d 21h 19m 23s)
Projected Epoch Length:   between 13d 20h 18m 0s and 13d 20h 45m 27s

Still well under the 25.01 t max in the spring,but getting back on track.

This is bullish as other places have picked up on what China has shut down
legendary
Activity: 1372
Merit: 2017
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.

I think it is too early to say. If we get to the end of December and the price has not gone above $65k we will have to rethink the predictive models we have seen, which are based on similar price rises in cycles after halving. But the last day of September? It's early.

Let's see what happens in the coming months without getting pessimistic and if we get to December and we see that we need to rethink the models, we will rethink them.



legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Ukraine has 15 nuclear plants that are powering half the city or something and the Minister of Energy is considering setting up mining hubs to capture some excess or unused energy.
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