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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4940. (Read 26708441 times)

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
So you're basically saying that since I can buy a VCR or Nintendo Entertainment System for $5 at a yard sale, life has gotten cheaper and inflation doesn't exist? Uhm, no.

https://www.usinflationcalculator.com/


This one worth a look if you haven't seen it before too.

http://www.shadowstats.com/alternate_data/inflation-charts
http://www.shadowstats.com/article/no-438-public-comment-on-inflation-measurement
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*


its been fun  Kiss weeeeeeeeeeeeeeeeeeee

you mad, bro?

APE OUTTTTTT REEEEEE =)))) LOLZZZ 100K SOON/???
legendary
Activity: 2097
Merit: 1070
Someone being "bitcoin whimp" in the past is OK and would not matter in the slightest when btc would be at $0.5mil (gold parity) if you started smallish and DCAed for a while.
One the other hand, 'front-running' the whimp could be sweet too  Wink

In order for gold parity to come I believe the gold market will tank real hard so when it happens the market cap of gold will have reduced massively, like 50% for example.

Due to this it will happen far quicker than anyone realises as gold races down in price while Bitcoin rises at the same time as people pull money out of gold and put it into Bitcoin.

At some point they will meet somewhere in the middle and it will be way lower than half a million a coin.

I'm going to name this 'The Bitcoin/Gold Cross' - when it crosses the gold market cap....
legendary
Activity: 3556
Merit: 9709
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This weekend, any chance?



legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3990
Merit: 4597
jjg, you got it exactly backwards...as usual.
jr. member
Activity: 183
Merit: 1
SEC is IDIOT
waiting btc $ 50k Grin

The battle for $50k seems to be ongoing, but sure, the trade volume does not seem to be very high, at least not so far.

So, as I type this post, within the past 20 minutes king daddy has gotten within $167 of negating such still existing pollening.

...and my 1st thought was "uh-oh,  jay must have got hacked! .... he never posts less than a page..."

this is Jay's shortest post I've ever seen
legendary
Activity: 3794
Merit: 5474
I am 100% certain that a LOT of professional traders who are newly into Bitcoin made an error because of this particular fake out.  I mean... I suppose I can be wrong about where we are headed and this is a dead cat?  But I doubt it.

This is an over-classic spot on formation at the end of a parabolic run to all time highs.  I guarantee that a LOT of money traded out of this.

I remember seeing Microstrategy announcing new buys over and over during the 3-4 month correction.  And I can remember pros commenting on them sending good money after bad, and pointing out the levels at which they would be under water.

This is not a post saying "HA HA!  Look at the dumb 'professionals!'".  They are good at what they do.  And notice I said "the ones new to bitcoin".  Because the ones that UNDERSTAND bitcoin a bit more were... well, doing what Saylor did.



One more bit of thought...  A lot of really smart professional money got out in the 60 to 45 range. So part of this rally will be them getting back in while they are still at a discount.  It's sort of an implied short squeeze. And for some it is probably as REAL short squeeze.  But others just have money on the sidelines like Raja...  They are going to be buying in more as the price starts to continue to head up, because more of them will be hedging under their sale price that they were wrong.

And Voila.  They were.

Feel free to dig this quote up and post it to embarrass me in 6 months:

We are now entering the next phase of the bullsplosion.  And I think it is highly likely to be the uber-face-melter.

But it won't get quoted.  Because it will be correct.  Smiley

Cards face up.  All in.

Love you folks.  

(PS.  I think the real tell will be the volume over the next month or so...  If it stays low then all the above theories were wrong.  If we see it start to build from here???  CCMF)

I agree. I'm not sure to say if volume is really moving up though, more like leverage is coming back. And that's the problem with excessive leverage, it masks the underlying true volume. We also see hashrate edging up, which is a good and positive sign.

Could this be a massive head fake bull trap that merely forms a double top? Yeah, maybe. But as you indicated, the Michael Saylors and Elon Musks of the world weren't exactly sweating the fall into the $30k's or below. And Saylor, Dorsey, and Wood were actually buying more during that time, a lot more. It was almost as if they knew something that we didn't, that there was a floor...hmmm...insider information must be great when you are wealthy. Lol.   Wink Grin
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
Hahahaha

And, then after you snapped to your senses, what was your second thought?

Asking for a friend.

It was his last and only one...


legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Someone being "bitcoin whimp" in the past is OK and would not matter in the slightest when btc would be at $0.5mil (gold parity) if you DCAed for a while.
One the other hand, 'front-running' the whimp could be sweet too  Wink

Well.. I don't see if there should be any necessity for a competition because guys come to these matters from differing perspectives and even from differing financial statuses.

So likely there would be more utility in considering competing with ur lil selfie and your own circumstances, and surely we should already be able to appreciate that you Biodom had fucked up in some pretty decently BIG ways, and there should be no real problem with the fact that you had actually fucked up pretty BIGGEDly, but the problem becomes that you have been trying to argue as if you had not fucked up. .. and sure, after I read your post another time, I can see that maybe you are backing off of your position a bit to admit that you had been the one who had been somewhat overly whimpy.. so yes that might well be a step in the right direction.. if I might be giving you some benefit of the doubt in that regard, perhaps? perhaps?

For the sake of trying to learn from mistakes, I pretty much already made the comparison of the Biodom who had ONLY lump summed BTC in 2014/2015 to get to about 20 BTC of lump sum investing and sat on his lump summing without further investing along the way, and that Biodom (even if it is not exactly your circumstances) ended up with only 20 BTC, versus another more aggressive Biodom who would have DCA'd into bitcoin at around $100 per week for the next 6 years and could have ended up with an additional 22 BTC with that level of retrospective BTC accumulation aggressiveness. 

Of course, we cannot really know when any one of us would go from a kind of whimpy Biodom status towards a more aggressive Biodom status that included ongoing DCA.. and so ONLY uie pooie can really determine those kinds of determinations of what to do and how to do it for yourself including considering whether there might be anything in your current tactics that you might need to be changed in order to help you to help yourself and your BTC perspectives a weeeeeeee bit MOAR better.

Sure, in recent times (while we were in the lower $30ks), you quite forcefully proclaimed that we are in a bearmarket and you were anticipating BTC prices below $20k and perhaps as low as $15k.. so there is some potential that could be a problematic mindset if you or anyone else had failed/refused to adequately and ongoingly stock up on BTC when we had up to a 56% discount from our mid-April high BTC prices (and likely during an ongoing and not appreciated nor recognized bull market).

Sometimes it seems to me that you have not been learning very well from these kinds of BTC price dynamic things or even how a variety of folks might strive towards BTC accumulation in such circumstances in order to sufficiently and adequately prepare for UP (just in case it happens), so even if you are not able to learn from your own historical screwy perspective and propaganda attempts, maybe some other folks might be able to learn.. at least to attempt to NOT be so wimpy, to make sure that they are MOAR better prepared for the possibility of UP and maybe they will even pass you up in terms of getting to fuck you status before you do, especially since you seem to have had been struggling in some of your own ongoing learnenings regarding what is deeee daddy.

I will admit though, even if you ONLY have 20 BTC versus a hypothetical 42BTC that you could have had with a more aggressive approach, it is still going to be quite difficult for a whole hell of a lot of normie peeps to catch up to, even your whimpy status.. so we can see actual evidence that time in the market has a lot of value that can beat a lot of the other strategies that are coming to the bitcoin party later (even if those later strategies might be better).. and also we know that we cannot change the time that we come to the bitcoin party (especially if we just got here), so we just have to try our best to do what we can in terms of what we perceive to be our own best interest as we come into this space, and hopefully start to accumulate some BTC.. rather than waiting too long on the sidelines.

.....

Bc I didn’t read the whole damn thing  Tongue

Well dude , I cannot tell a lie...I didn't either, however I did read this one complete...

The battle for $50k seems to be ongoing, but sure, the trade volume does not seem to be very high, at least not so far.

So, as I type this post, within the past 20 minutes king daddy has gotten within $167 of negating such still existing pollening.

...and my 1st thought was "uh-oh,  jay must have got hacked! .... he never posts less than a page..."

Hahahaha

And, then after you snapped to your senses, what was your second thought?

Asking for a friend.
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !


...and my 1st thought was "uh-oh,  jay must have got hacked! .... he never posts less than a page..."

gnark gnark, thanks for the laughter...

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3990
Merit: 4597
Can bitcoin fix Onlyfans?
I wonder what J. Mallers would do?
legendary
Activity: 3388
Merit: 3514
born once atheist
.....

Bc I didn’t read the whole damn thing  Tongue

Well dude , I cannot tell a lie...I didn't either, however I did read this one complete...

The battle for $50k seems to be ongoing, but sure, the trade volume does not seem to be very high, at least not so far.

So, as I type this post, within the past 20 minutes king daddy has gotten within $167 of negating such still existing pollening.

...and my 1st thought was "uh-oh,  jay must have got hacked! .... he never posts less than a page..."
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
legendary
Activity: 2478
Merit: 1220
Privacy Servers. Since 2009.
Why did Binance disable fiat withdrawal?

I guess they disabled fiat withdrawals for individuals with IQ below 10.  Grin

P.S. HODLers not affected.
legendary
Activity: 2478
Merit: 1220
Privacy Servers. Since 2009.


its been fun  Kiss weeeeeeeeeeeeeeeeeeee

you mad, bro?

Meme malfunction I guess. On the other hand he's a complete nutjob 100% so yeah there's that...  Grin
legendary
Activity: 3990
Merit: 4597
legendary
Activity: 3990
Merit: 4597
Someone being "bitcoin wimp" in the past is OK and would not matter in the slightest when btc would be at $0.5mil (gold parity) if you started smallish and DCAed for a while.
One the other hand, 'front-running' the wimp could be sweet too  Wink
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*


its been fun  Kiss weeeeeeeeeeeeeeeeeeee
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