Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4859. (Read 26608075 times)

Unbelievable! I was thinking of writing a similar post but it would have gone into to much effort and detail than I was willing to spend to make a similar thread. Your timing could not have been better yet

And The Children's Children!

This was probably true back then, but now? I don’t think so, there are too few people which understand what’s going on and even then they aren’t willing to take any action, forget about a revolution just the thought of doing anything is too much for them.

This reminds me of the Titanic, the ship that was practically unsinkable sank and many people didn’t believed this was possible until it actually happen, and in the minds of the majority the fiat system is thought to be the same, it’s simply too big too fail they think, but size has never been a good enough defense against catastrophic events, but by the time they realize this simple truth it’ll be too late to do anything, however I wonder what comes next? As it should be obvious to anyone the fiat system cannot last forever and at some point it needs to be replaced by something else.

Explanation

And, well, Think Of The Children!

Its all mapped and the only addresses your safe with are ones that have never sent a transaction and your the only one with the key.

I wouldn't be surprised if that was a coinbase assigned address.

Explanation

I guess he tried to point out that BTC adresses are resolvable and one could create a profile of pm1957's use of Bitcoin.
Tracking adresses to businesses or individuals would be the simplest thing within the scope of that topic.

EDIT: And as soon as you have a single transaction successfully mapped to the receiving individual, you could do things like call the receiver and "hi, this is agent herold bloblobrob from the fbi. You were receiving bitcoins a couple of years ago that were stolen. Can you look up/remember this transaction and possibly identify who sent it? For the love of your country..."

Personally, I doubt that it would be a fair expectation or representation to suggest that any of us should have held onto all of the BTC that we had transacted over the years, because that would likely be either impractical or infeasible to have been able to hang onto all of the BTC transacted.

However, I do agree with your overall point that setting aside more BTC over the years probably would have been a good thing to attempt to prioritize  - but there still ends up being questions regarding how much would have been practical given your various ongoing expenses, risk tolerance and other individual factors...so sure in the end, we can likely presume that your amount of BTC retained would NOT have been even close to the whole 694 BTC, but sure we could imagine scenarios in which you may well have been able to retain a decently larger amount of BTC without ending up panic selling way too many of them too soon, even if you had retained way more of them.

So, of course, you are likely correct in identifying changes to your view of bitcoin as compared to other investments to have been one of your greatest changes in personal factors that have subsequently allowed you to conclude that it would likely be in your own personal interests to attempt to retain a larger portion of your BTC, as compared with your historical BTC retention practices.

I would suspect that there is NOT any longer term BTC HODLer who has not made some mistakes along the way, yet we should be able to appreciate that the best that we are able to do is to consider and perhaps tweak our current practices based on our learnings, and hopefully our tweaks actually contribute towards making matters better rather than either worse or just implementing some changed version of the same past mistakes.  

Of course, each of us should conclude differently regarding what kinds of tweaks would work for our own situation, and I will admit that sometimes I will hear about some tweaks that guys make, and then I think, "holy shit, that tweak does not really significantly or meaningfully change much of anything in terms what issues (problems) it had been intended to address."


I am not even going to deny that perception of BTC price dynamics cannot end up contributing towards realities that end up playing out, and hopefully people do not put too many of their eggs in such baskets (such as baskets of perceptions blah blah blah) that are pretty damned inadequate and even lacking in explanatory value, even if you could well plug your perception of the world (including bitcoin) into such largely nonsensical and inadequate framenings.

In regards to my own perception of the various BTC price prediction models, including stock to flow, you likely realize that I take the various BTC price prediction models with a decently sized grain of salt, but I also tend to criticize some folks who are either completely ignoring the model or rolling some nonsense of their own model that may well fail/refuse to adequately account for the most credible and seemingly valid models that we have out there, which surely includes stock to flow, and stock to flow is coupled with 1) 4-year fractal (yes I know a wee bit redundant with S2F but likely deserving of such redundancy) and 2) exponential s-curve adoption based on Metcalfe principles and networking effects.

I'm sure all that has gone through a KYC exchange and bank.

@philipma1957

FFS dude, are you sure you should be linking an address with so many transactions publicly?

Think about your OPSEC.

   Probably a good description of them in the coming months/years...

Mining sucks in general.

If I simply purchased DCA in 2012 and held I would be a millionaire.

Although If I did dca from August 2012 to Sept 2013 I am pretty sure I would have cashed out too quickly in Oct 2013.

I have been a tinkerer more than anything else. I saw mining as a way to get good gear as a discount. I never imagined the beauty of BTC until fall of 2017.

So from 2012 to 2017 was a learning curve.  I came to believe in BTC during this time.
2018  to fall of 2020 was a mining version of buy and hodl.
Spring of 2021 to now has been cool I will finally do okay and maybe in 3-4 years time become a BTC millionaire.

But fuck look at one of my old addresses

https://www.blockchain.com/btc/address/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

I handled a lot of coin from 2012 to 2017
I just had no idea what BTC would grow to.
I gave away 10btc from 2014 to 2016 during the diff contests.

Then all of a sudden holy fuck this is a real thing.

Ah no use crying over spilt milk.  
At least I do some hodl and stack now.

Explanation

Yeah but seriously ETH is a total scam shitcoin from day one and everyone knows its only existence is for professional theifs to bamboozle morons yet it reached a critical mass off greedy fucks thereby creating a perpetual self fulfilling machine. So anything that wasn't something can become something if enough people act as though it is, Perception can be stronger than reality on a broad scale. Not that I don't want S2F to be accurate just pointing out the obvious.

If the band members live into their 40's it seems the drummer always kicks the bucket first.

Huh?  Am I really seeing what I am seeing?



Biodom proclaiming that "stock to flow" is an actual factor in bitcoinlandia?






OMG!!!!!




OMG!!!!

both? manipulation via math (sticking to S2F or any other trendline)?  
Both the numbers and time lines are possible.

First shot at blasting past $50K was a head fake.  Let's get one more head fake in there to let the bears feel empowered before shooting to a new ATH.  I'm guessing within 45 days we'll be seeing a >$60K Bitcoin as it shoots past the former ATH headed straight for $135K by December...  At this point, I would honestly be surprised if this isn't what we see happen, as everything is falling into place perfectly the way it seems to magically do every 4 years for the market to see a massive bubble with a blow off top.  Makes you wonder if we're really witnessing math or manipulation.

RIP, a great musician.

Those who don't know