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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4933. (Read 26608384 times)

legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)

There is something that seems quite correct about what you are saying friends1980.

Seems to be a lot of generalizations when people are proclaiming that money is not going to bring happiness, and sure maybe many of us do not really know what we want, for example.

For sure there are a decent number of advantages in having a job, and getting some status and connection through having a job, and so some of us may well get to fuck you status, but not know what to do with our independence.


There's a lot of unseen continuous costs coming with "things", be it a house, a car, a laptop or a TV: taxes, storage room, subscriptions, memberships, repair and maintenance etc.

If we worked much of our lives and we maintained a kind of lifestyle, we should realize how much money we need to flow in order to maintain our previous lifestyle, but if all of a sudden, we no longer are tied down geographically because we do not have the job that ties us down, then surely those kinds of new factors could screw up our perceptions regarding some of the ongoing expenses that we would have after reaching fuck you status.. and so perhaps some recalculating and reconsidering might have to take place and those kinds of recalculations and reconsiderations might bring unhappiness of having to realize that it still takes some work to be able to manage funds and prepare to be able to sip piña colatas on the son of a beach.


Buying more things is not the right way of maintaining fuck you level, mate.

For sure, there can be some satisfaction to be able to buy whatever you want.. but surely point taken about merely buying a bunch of things might not be enough to provide satisfaction/happiness in and of itself.

After all this hodling and determination for years and years to get this virtual money running, are you really going to find happiness in spending your profits on material stuff? Not saying you're wrong or right, only that I have other plans.

I bet that many of us here will end up attempting some kind of transition into richie status and to learn richie status, presuming that there are a decent amount of us who become quite a bit MOAR better off because of our involvement and ongoing involvement in bitcoin.

Sure, there can be problems with getting too richie too quickly, which might also cause some confusion in regards to cashing out too many BTC too soon and therefore valuing too much wealth in terms of fiat and realizing that there might not be a lot of good places to put such wealth.. so there are surely likely to be a quite a few variations regarding how richie status is treated whether already having had gotten to a kind of richie status or even getting closer to richie status and realizing along the way that some changes (improvements) are likely on the way.. or "in progress."

Some of us are already expressing some of our various ways of having more material satisfaction and even satisfaction of having more time to do what we want, whether relaxing or spending time with hookers, lambos and blow... not that we necessarily tell all of our sordid details on all wealth enjoyment topics.

Refined version:
We've generally not been educated on how to use money to make us happy.
"money makes people happy" is a very shortie abstract of the whole story.
But yes, money can buy freedom, which is a good ground for happiness.
(Well, you can be in jail and happy. I actually know people that don't do well in society and feel well to be in jail, which makes them try hard to get back in once they are "free" again, every time).

(FYI if I'm not mistaken, the true meaning of "No woman no cry" is actually "No woman, don't cry")

I have noticed as well that women do cry sometimes, at least the human ones.

You mean "No woman! don't cry!"?
Other possibility:
"No woman? Don't cry!"

 Huh

Fucking inaudible punctuation!  Undecided
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
[edited out]

I also never said I was selling but ok. I seem to have hit your bearish nerve. Roll Eyes

You did not hit any nerve of mine.. ...

We are engaging in a discussion, you wannabe dumb twat.

Now, if you start pumping some shitcoin.. beyond your seeming to cherish the USD, then I may well get a weeeeeeee bit MOAR worked up, but we don't seem to be there, yet.

Let's see how ur lil downity prediction plays out and the supposed story switching fact that you did not sell any lillie fiends.. nor fail to pee pare ur lil selfie sufficiently for the UPpity that has decently good odds of happening... by the way, I change my previous acceptance of 50/50 to more likely 51/49 (or some other variation that favors UPpity) because if we are in a bull market  (which seems that we are) the odds of UPpity tend to be greater than the odds of DOWNity, yet I will concede that largely (besides our seemingly currently valid BTC price prediction models) we cannot really know for sure whether or not we are in a bull market until after the fact.

Edit: that 80x thing was a happy accident, if you remember...

Another Edit from me:
Yes.. I recall the seeming circumstances of such post.  

At this point, you are just seeming to be in a combative mood, so seems to be fair game to combat with you a wee bit about your historical fame points as well, no?  - to throw it in as bonus discussion points.  Wink Wink

Further Edit - you just keep adding to your above post:


hahahahaha

This is another sign that you are having difficulties containing ur feewwings on the interwebs...   which was the same thingie-ma-jiggie that I recall you pulling when people had been making fun of your user name a ways back... such as referring to you as PMqueennocoiner... hahahaha
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)

My experience: You can only be worried about money if you have money you don't want to lose, for any reason.
No money, no worries (about money).
No woman, no cry.

Money well gives you security, which again, is not happiness. Well, maybe happiness is sometimes dependent on security. But it's not the same at all.

You have to realize that your personal experience does not apply to the whole population.
You might not get happier if you get rich, but the majority of people do, as shown by science, and me.

In this one you are simply wrong I'm afraid.

Still, it's not the money that makes you happier. It are the things it buys you, aren't they?
So i stand by my point, people get happier if they get rich, because they know how money makes them able to buy things that make them happy.
BUT many things make you happy only for a short time. So people want "more happy", buy more things. The old supercar isn't super anymore? No problem, buy a new one. Enjoy it until you see the next, even more super supercar. The moment you know there is a better one you want to have, you're unhappy (about still having the old one).


Not sure about this. Wasn't freedom what we were looking for? The "fuck you" level?

There's a lot of unseen continuous costs coming with "things", be it a house, a car, a laptop or a TV: taxes, storage room, subscriptions, memberships, repair and maintenance etc.

Buying more things is not the right way of maintaining fuck you level, mate.

After all this hodling and determination for years and years to get this virtual money running, are you really going to find happiness in spending your profits on material stuff? Not saying you're wrong or right, only that I have other plans.

(FYI if I'm not mistaken, the true meaning of "No woman no cry" is actually "No woman, don't cry")

Absolutely right imo.
I actually don't believe that things make people happier, i just presented an explanation of a common misinterpretation (of money making people happy) to Arrie.
So, freedom from money and from the need to earn-to-survive also creates happiness. This is closing the circle for me. Thanks for pointing to the freedom aspect.

On "no woman"... From Patwah (Patois) it would be valid to be interpreted as "no woman, don't cry", too. Too bad Bob (Marley) can't be asked anymore about this.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
-snip-  


Oh my.

Are you suggesting DOWNity from here?

Your arrows on that chart are pointing DOWNity.

Seems to me (and surely many others in this thread) that we are more in a kind of 2017 price pattern location rather than anywhere resembling a 2018 pattern, yet I am not claiming to be any kind of expert.

Are you using leverage to back up your hunches goldkingcoiner in order that you will more quickly convert ur lil selfie from a coiner to a gold-nocoiner?  80x works sometimes,
right?

DOWNity as in a correction and then sideways plateu of $1T market cap for a while? I think so. Get ready for the boring days after the dip.

What you are supplementarily describing in this post does not seem seem to fit into any kind of 2018 pattern.  Do you even bitcoin?  Were you even here in 2018?

I am not even saying that what you are suggesting might not happen, but you still seem to be implying that the $64,895 top is in.. are you saying that?

No, I am not leveraging a long term position. Not even at 1.1x. I'm not an idiot. Roll Eyes Just a trader and a gambler. First I make money, then I lose it. Living life like a king.

Nothing wrong with trading, and surely leveraging can magnify an already dumb point of view, if you are sticking with your point of view and even if you were to be selling a large portion of your coins in order to play your point of view that may be 50/50 odds of playing out, at best... but whatever, do what you are going to do, and I have known quite a few gamblers who have fucked up their lives by NOT playing more prudent strategies, but whatever, if you believe that you have good odds for betting on DOWNity from here, the so be it.. you may well get it right, but I should not place your odds at any better than 50/50 and hopefully you would know better to buy back in a reasonable time.. but the fact that you are selling in these prices probably shows that you are not too attached to the concept of reasonable.

 Cheesy Cheesy Cheesy Cheesy

Edit: The top may or may not be in yet. But Im talking about the pattern. I never said anything about us being at the top.

Saw this additional point after writing my above response, and sure... I say "fair enough" to that way of looking at the matter, but at the same time, I find no need to change any further of my above response.

Also, I see that you changed my name, you childish little dweeb.. and I remember how sensitive you had been in some earlier posts when peeps herein were making fun of your name.. hahahahaha... you are showing that you deserve to be made fun of, even if you did happen to make a killing on 80x leverage, one time... at least, that's what you told us.

I also never said I was selling but ok. I seem to have hit your bearish nerve. Roll Eyes

Edit: that 80x thing was a happy accident, if you remember...

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
-snip-  


Oh my.

Are you suggesting DOWNity from here?

Your arrows on that chart are pointing DOWNity.

Seems to me (and surely many others in this thread) that we are more in a kind of 2017 price pattern location rather than anywhere resembling a 2018 pattern, yet I am not claiming to be any kind of expert.

Are you using leverage to back up your hunches goldkingcoiner in order that you will more quickly convert ur lil selfie from a coiner to a gold-nocoiner?  80x works sometimes,
right?

DOWNity as in a correction and then sideways plateu of $1T market cap for a while? I think so. Get ready for the boring days after the dip.

What you are supplementarily describing in this post does not seem seem to fit into any kind of 2018 pattern.  Do you even bitcoin?  Were you even here in 2018?

I am not even saying that what you are suggesting might not happen, but you still seem to be implying that the $64,895 top is in.. are you saying that?

No, I am not leveraging a long term position. Not even at 1.1x. I'm not an idiot. Roll Eyes Just a trader and a gambler. First I make money, then I lose it. Living life like a king.

Nothing wrong with trading, and surely leveraging can magnify an already dumb point of view, if you are sticking with your point of view and even if you were to be selling a large portion of your coins in order to play your point of view that may be 50/50 odds of playing out, at best... but whatever, do what you are going to do, and I have known quite a few gamblers who have fucked up their lives by NOT playing more prudent strategies, but whatever, if you believe that you have good odds for betting on DOWNity from here, the so be it.. you may well get it right, but I should not place your odds at any better than 50/50 and hopefully you would know better to buy back in a reasonable time.. but the fact that you are selling in these prices probably shows that you are not too attached to the concept of reasonable.

 Cheesy Cheesy Cheesy Cheesy

Edit: The top may or may not be in yet. But Im talking about the pattern. I never said anything about us being at the top.

Saw this additional point after writing my above response, and sure... I say "fair enough" to that way of looking at the matter, but at the same time, I find no need to change any further of my above response.

Also PS, I just noticed that you changed my name, you childish little dweeb (soon to be whining no coiner).. and I remember how sensitive you had been in some earlier posts when peeps in this here thread had been making fun of your name.. hahahahaha... you are showing that you deserve to be made fun of, even if you did happen to make a killing on 80x leverage, one time... at least, that's what you told us.  You are an irresponsible role model who deserves a batslap for being duuuuuuuuummmmbbbbb.

 Cheesy Cheesy Cheesy Cheesy Cheesy



#justpointing it out




 Cheesy Cheesy Cheesy Cheesy
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
-snip-  


Oh my.

Are you suggesting DOWNity from here?

Your arrows on that chart are pointing DOWNity.

Seems to me (and surely many others in this thread) that we are more in a kind of 2017 price pattern location rather than anywhere resembling a 2018 pattern, yet I am not claiming to be any kind of expert.

Are you using leverage to back up your hunches goldkingcoiner in order that you will more quickly convert ur lil selfie from a coiner to a gold-nocoiner?  80x works sometimes,
right?

DOWNity as in a correction and then sideways plateu of $1T market cap for a while? I think so. Get ready for the boring days after the dip.

No, I am not leveraging a long term position. Not even at 1.1x. I'm not an idiot. Roll Eyes Just a trader and a gambler. First I make money, then I lose it. Living life like a king.


Edit: The top may or may not be in yet. But Im talking about the pattern. I never said anything about us being at the top.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
I've noticed the volatility of BTC used to be way scarier than this in the past. However I am seeing some eerily similiar patterns from 2018. Market Cap drop to $1T soon?
  
https://i.ibb.co/n8TkLQK/Unbenannt.png

Oh my.

Are you suggesting DOWNity from here?

Your arrows on that chart are pointing DOWNity, and seems to me that there had been a lot of people suggesting that $64,895 was the top, but after our dip to $28,600 and thereafter our recent recovery into the $46ks, the opinions have been converting into "the bottom is in"...

Though maybe you are a holdout who prefers to go contrary to the opinions of the masses (refering to masses of bitcoiners), no?.

Seems to me (and surely many of the regular normie bitcoiner peeps, including in this thread) have been considering that we are more in a kind of 2017 price-pattern location.. maybe even around mid-2017.. or maybe more like a middle of 2013 pattern (that would suggest only a mere 4x to 5x more from the recent top of $64,895) rather than anywhere resembling a 2018 pattern, yet I am not proclaiming to be any kind of real expert, soothsayer nor to have wisdom of the crowds to validate the point.. but maybe also the various seemingly credible BTC price prediction models seem to be backing a claim that the top is not in, yet?

Are you using leverage to back up your hunches goldkingcoiner in order that you will more quickly convert ur lil selfie from a coiner to a gold-nocoiner?  80x works sometimes, right?

Edited post prior to seeing goldkingcoiner's below response.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
I've noticed the volatility of BTC used to be way scarier than this in the past. However I am seeing some eerily similiar patterns from 2018. Market Cap drop to $1T soon?
  

hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
PUMPING DOWN DELTACOIN WWEEEEEEE/\


BACK TO EARTHHHHHHHHHHHHHHHHHH$$$$
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 994
Merit: 515
Get'em boys
$44,000 is the floor for BTC



I suggest HODL-ing and accumulating more BTC because the Stock-to-Flow Model is suggesting something...

legendary
Activity: 1834
Merit: 4197
@bambotpirate
My #Bitcoin  pirate booty is complete 🏴‍☠️  “Wealth isn’t the gold of pirates, wealth is energy.” —Buckminster Fuller on #BTC  Do the #PoW. Laser eyes, realize, real lies.
https://twitter.com/bampotpirate/status/1425465769740095489?s=21



Who’d hit it?

https://twitter.com/bampotpirate/status/1409547464248528910?s=21



+1 WOsMerit

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+1 WOsMerit


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copper member
Activity: 1526
Merit: 2890
@bambotpirate
My #Bitcoin  pirate booty is complete 🏴‍☠️  “Wealth isn’t the gold of pirates, wealth is energy.” —Buckminster Fuller on #BTC  Do the #PoW. Laser eyes, realize, real lies.
https://twitter.com/bampotpirate/status/1425465769740095489?s=21



Who’d hit it?

https://twitter.com/bampotpirate/status/1409547464248528910?s=21



Mother of... bitcoin...

https://twitter.com/IwanRabbinstein/status/1425667242772123654
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo

Are u retarded or what? Vaccines like software have source code which has been published online and explained. Have you heard about reverse engineering? It's like you have an antivirus software on ur pc and you can reverse engineer it to get the source code and make sure it's not going to format your hard drive  Grin

Downloading a bigger virus does not fix a virus problem. In 3 hours a bat soup toxin is ready
https://odysee.com/@TimTruth:b/downloaded-spike-protein-recipe-china:e

Edit:
CNN health
https://edition.cnn.com/2020/09/01/health/eua-coronavirus-vaccine-history/index.html
It is colossally stupid to get some toxin injected for something which does not exist.
https://mondestuff.com/world-news/bombshell-covid-does-not-exist-as-a-novel-isolated-virus-proven-in-court-by-courageous-canadian/

.... many a true word spoken in jest?

.... I've heard it said the vaccine is like just the hacked/jail-broken boot-loader/BIOS ... the new OS upgrade comes later
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
@bambotpirate
My #Bitcoin  pirate booty is complete 🏴‍☠️  “Wealth isn’t the gold of pirates, wealth is energy.” —Buckminster Fuller on #BTC  Do the #PoW. Laser eyes, realize, real lies.
https://twitter.com/bampotpirate/status/1425465769740095489?s=21



Who’d hit it?

https://twitter.com/bampotpirate/status/1409547464248528910?s=21

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo

... another aspect of this is total btc locked up in the lightning network is essentially same category as cold storage btc, or oft-quoted "btc that left the exchange"

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Any questions?  Did I miss some obvious problematic areas?  Sure maybe presuming 20% per year appreciation in the 208-week moving average is relatively safe, but perhaps in later years (after 2033 or so), maybe it would be more safer to reduce the 20% per year appreciation projection.. perhaps?  perhaps?

Nope, looks good to me. Haven't checked the math (better things to do with my time), but looks about right to me  Smiley
Sticking with a long-term MA as support is a smart move. Everything else in between in simply noise.
Still think $1m can be hit sooner than 2041, but conservative analysis I like  Cool

Ooooow already between now and 20y thats fast….  Roll Eyes Roll Eyes

Compared to "the prophecy", it doesn't look like it'll take 20 years at least  Wink



Conservative statistics are more reliable than prophecies however  Wink

Personally, in the whole scheme of things including the fact that there are decent co-integrations of the stock to flow data and that demand can be presumed to be somewhat constant (and kind of on an upward trajectory, even though the model does not specifically address demand beyond kind of presuming it to go up), I consider stock to flow to be relatively conservative, even though it does have some seemingly BIG ass numbers, but it does suffer the error of projecting a kind of mean.. which still may well be quite a bit less helpful on a personal level in terms of attempting to account for what we have experienced to be ongoing great levels of past volatility which also should help us to reasonably presume that pretty extreme levels of BTC price volatility are likely to continue into the future.  

What else would be expected beyond price volatility during a war (even if there seems to be some passive-aggressiveness in terms of some of the war tactics that are being employed and likely to continue to be deployed)?
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Any questions?  Did I miss some obvious problematic areas?  Sure maybe presuming 20% per year appreciation in the 208-week moving average is relatively safe, but perhaps in later years (after 2033 or so), maybe it would be more safer to reduce the 20% per year appreciation projection.. perhaps?  perhaps?

Nope, looks good to me. Haven't checked the math (better things to do with my time), but looks about right to me  Smiley
Sticking with a long-term MA as support is a smart move. Everything else in between in simply noise.
Still think $1m can be hit sooner than 2041, but conservative analysis I like  Cool

Ooooow already between now and 20y thats fast….  Roll Eyes Roll Eyes

Compared to "the prophecy", it doesn't look like it'll take 20 years at least  Wink



Conservative statistics are more reliable than prophecies however  Wink

That’s true…. Though 20-ish years seems long for an asset as BTC in a market as today… I expect faster considering circumstances of today
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Any idea why the price is going down? I was thinking about normal short-term volatility but it's going down 5% already. Maybe some FUD or sth?

No need to start to get excited until the correction is around 12%.

Presuming $46,788 as our local top, a 12% correction would be around $41,200, and once the correction gets to 15% ($39,800-ish), then it is time to panic.

My current fuck you status projection (presuming $2million as entry level fuck you status) does show that in 10 years (august 2031), it may well take 13.5 BTC to reach fuck you status

10 years to 148K/btc??? since when did you become so bearish?

10 months now.. i can see that as a fairly reasonable guess (SOMA analysis mode of course)

I know that sometimes I might not be very clear in terms of my ongoing desires to attempt to not get overly excited by BTC spot prices (especially peakening tops), so you realize that I have been attempting to make these BTC value projections based on ongoing anticipation of BTC extreme bottoms and not been going by spot price to attempt to fairly assess value (yes I know that people are hesitant to assess BTC value based on anticipated extreme bottoms), but on a personal level I consider it to be safer, especially for anyone who may well be considering NOT engaging in any kinds of extreme diversifications out of BTC and instead deciding to retain a lot of their value in BTC on an ongoing basis and in spite of ongoing and seeming inevitable price volatility.

Any questions?  Did I miss some obvious problematic areas?  Sure maybe presuming 20% per year appreciation in the 208-week moving average is relatively safe, but perhaps in later years (after 2033 or so), maybe it would be more safer to reduce the 20% per year appreciation projection.. perhaps?  perhaps?

Nope, looks good to me. Haven't checked the math (better things to do with my time), but looks about right to me  Smiley

I did it on Excel, so sure there could be a mistake in the formulas that I inputted..


Sticking with a long-term MA as support is a smart move. Everything else in between in simply noise.
Still think $1m can be hit sooner than 2041, but conservative analysis I like  Cool

For sure if the chart is referring to bottoms (and presumptively extreme bottoms), then if the extreme bottom is $1million, the actual spot price or even the top would potentially (and even likely) be quite a bit higher than the listed bottom prices that correspond with each of the dates on the chart.

You likely realize that I tend to be a bit of a critic of those who are making BTC price predictions (especially short term), so for sure, I like to attempt to clearly state my various presumptions, so in that regard, if any of the presumptions change along the way (based on either facts or logic), then the projections are going to need to be tweaked to account for the changes in presumptions (actual on the ground facts / logic changes).

Any questions?  Did I miss some obvious problematic areas?  Sure maybe presuming 20% per year appreciation in the 208-week moving average is relatively safe, but perhaps in later years (after 2033 or so), maybe it would be more safer to reduce the 20% per year appreciation projection.. perhaps?  perhaps?

Nope, looks good to me. Haven't checked the math (better things to do with my time), but looks about right to me  Smiley
Sticking with a long-term MA as support is a smart move. Everything else in between in simply noise.
Still think $1m can be hit sooner than 2041, but conservative analysis I like  Cool

Ooooow already between now and 20y thats fast….  Roll Eyes Roll Eyes

Hahahahaha

Of course, you are joking a wee bit dude (I can tell by the rolling of the eyes part), but really if you think about that there are relatively conservative estimates of getting a 20x price increase in 20 years, that is still a pretty damned decent return, so even just placing 1% to 10% of your investment portfolio into BTC has decent chances of outperforming other assets in your portfolio..

Surely, more whimpy or hesitant folks would error on the side of 1%, and more aggressive investors may well shoot for 10%.. and still people who study BTC the asset class might decide to go even more aggressive, even though a 10% allocation will likely still provide a considerable amount of wealth - and not even be outrageous in terms of overall allocation percentage.
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