Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4855. (Read 26607966 times)

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The future holders be like :



Just to be funny in educational manner though.Turn the dips into opportunity to secure your future ahead.

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GOGOGOGO WORM TURNT UP? WOOT    YEEEEEeeee

Meanwhile we're about to leave under $50k for good... BTFD! 

That's IRL footage of gembitz waiting for $40k... 

weeeeeeee spinnin 40k wen?  

Even though I agree with the overall idea of cycles having directional pressuring effects on bitcoin price dynamics, I doubt that there is any "have to" including using that term "have to" in connection to what might or might not constitute a "crash" or considering that we cannot have the next top until we do the bottom first..

Sure you can accept that one man's crash might not be that significant to another man.. especially if the "crash" in one year or less is still something like 2x from our current price, but still I have some issues regarding framing BTC price dynamics in terms of "have to" unless you are vague in your framing of what is a "have to."

->would be a potential longer than normal UP portion of this particular cycle
Very possible indeed.  If so then I estimate the bottom of the coin-apocalypse to be where we are now.  But we do have to crash if we want to have a 2025-2026? pump cycle again.  
edit: reminds me of this lovely comic:

Good luck to them.  They will likely need it more than the HODLer/accumulator.. especially given where we seem to be in the 4-year cycle.


That really looks like pseudo.. for sure.

Like the squigglies seem to depict, is your "science" suggesting that BTC prices are going to drop below our current prices in the spring of 2022?  I wonder.  I wonder.

Another dynamic for which your pseudo-science might not be accounting would be a potential longer than normal UP portion for this particular cycle..

I am not assigning any kind of high probability to too much of an extended cycle of UP happening, but surely there could be enough of a set up in this particular price rise that continues to cause the UPpity portion to play out relatively gradually for a longer period of time, in which the blow-off top would not necessarily come (start) in November, either... but hey.. who knows?  who knows?  

Drawing squiggly lines sometimes causes way higher levels of confidence than should be assigned to such narrow scenarios, and if we were to consider some potentially larger ongoing BTC price battles for UPpity lasting for several more months that keeps the BTC price from having an exponential blow off top in this calendar year, perhaps? perhaps?, then maybe such blow-off top would not happen until 2022 - even as late as 2nd or 3rd quarter, but I would agree that 3rd quarter does seem to be quite of a bit of a stretching out of a timeline, but dragging out the blow-off top for that long does not seem to be completely out of the question and could end up being a way to shake more weak hands from their coins. what do I know?  and the shitcoin effect?  let's not even get into that kind of speculation about how the tail might affect the doggie, too?

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I hope so point out 2022 is crash but not mention exacly time and date but agree with you and sure down treand 2022, Most people are still relying on a lot of fake news, in which case they sell when they see an upward trend and are interested in buying when they see a downside.

I am not exactly sure where you are getting your BTC price numbers slaman29, but if we are looking at a year, we are looking around 4.7x to 5x BTC price increases in that period of time.. as I type this post.

I do also appreciate that when we consider bitcoin, we should not be handicapping our appreciation of bitcoin's value proposition situation by getting caught up in assessments of short-term price movements, and likely it does not matter which kind of assets, commodities, consumption goods, raw materials, blah blah blah that we are comparing. 

Sure, we can have funzies by making such short-term comparisons, but with bitcoin we also are going to be much better off attempting to assess it's value in longer cycles of at least a minimum of 4 years... yeah, short term, we have UP, down whatever, and of course part of the frustration with recent times has been some of the supply chains being affected by corona and by just political matters including some of the money printing ..

Ok... Maybe we want to store some value in wood, but bitcoin is way more flexible for sure in terms of its portability and storage costs, and no need to really go down that path, right?

I guess part of my point remains that the longer that any of us is in bitcoin, the more options that we are going to perceive that we have based on bitcoin's ongoing value appreciation that seems more and more apparent with the more passage of time, so sure it might bother us if lumber prices doubled right within a year or so when we wanted to build a shed, garage, house or whatever, but if we have been stocking and stacking sats long enough, we may well just suck up the extra cost of the lumber and build our project whenever we want rather than allowing the price  to bother us very much...

But sure, let's say that we had a $1 million project that we were planning a year ago, and then now such same project is projected to cost $2 million because various costs have doubled in that time, then we can be a bit aggravated by that, even though BTC prices had gone up 6.5x in the past year, but currently are only bouncing around in a 4.7x to 5x up price arena..   We might perceive that we are still doing o.k., even if we might not draw completely from our BTC to carry out such project.. and some would suggest that this is also NOT a great time to be spending large portions of our BTC based on where we are likely to be in the BTC price cycle, so sure there can be advantages in terms of attempting to time our spending of any BTC (to the extent that we might want to spend some BTC) around the BTC price cycle so that we might be able to achieve some better bang for our buck, and even well-off folks seem to have preferences to get a certain amount of bang for their buck instead of just being sloppy with their spending and consideration of expenses because even well-off folks likely got to being well-off (unless they got the money handed them for free) based on some level of preparation, practices and concerns about considering ways to spend money in a way that achieves some reasonable level of bangening for the buck.

Dang that looks familiar but I can't remember from where. Possibly a lock screen? It could just be similar though.

Well, he was 80 odd...

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whats up gm mah squidzzz    bottom wen?

I hear you guys like pseudoscience stuff

Of course you are, but I said girls, emphasis on plural

A man can dream....

Aw. Looks like the Taliban is prohibiting taking dollars with you when you leave the country. I guess people smart enough to have kept their wealth in bitcoin and the seed key in their head will do well. Those who trust good ole fiat, not so much.

Interesting to watch.