Explanation
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 505. (Read 26713551 times)
August 29, 2024, 10:01:18 AM
August 29, 2024, 09:05:23 AM
Take a breather buddy
@philip I got your back, though it seems you're OK ;-)
Glad you got that thing off your chest
@philip I got your back, though it seems you're OK ;-)
Glad you got that thing off your chest
well knowing the biopsy was clean takes the fear away.
Dying the way my grandfather died is something I don’t wish on many people.
Got another piece of gear ready to send to my host.
I will have 4x180= 720th btc
and 1x 9= 9gh scrypt
mining in a container in Iowa.
far smaller footprint of 13kwatt vs the old mine of 225kwatt in clifton nj.
I got the new car and will go on a day trip to Roebling Museum
https://www.roeblingmuseum.org/
and six flags great adventure.
August 29, 2024, 09:01:16 AM
August 29, 2024, 09:00:53 AM
Bitcoin dominance last 12 months performance, can you see what's happening here? 
August 29, 2024, 08:18:02 AM
Going to get me one of these in preparation for
September's face melting rally
September's face melting rally
I can't wait!
August 29, 2024, 08:14:58 AM
~snip~
Obstacles:
1. Recurring sales of large amounts of bitcoins by the US government and others (my country Bulgaria also has about 200K bitcoins, for which sales nothing is known about.)
Obstacles:
1. Recurring sales of large amounts of bitcoins by the US government and others (my country Bulgaria also has about 200K bitcoins, for which sales nothing is known about.)
It is incredible that this misconception is still alive after so many years. In one local media they even announced that these BTC were sold, but the conspiracy theories are still alive.
PAVEL DUROV is free.
Bail set at 5 millions € and cannot leave french territory till the trial.
He should hop on his private jet and gtfo while the gettin's good.Bail set at 5 millions € and cannot leave french territory till the trial.
The best thing is for him to return to his homeland, where he would have protection from all possible prosecutions for any criminal offenses - because there pedophiles, rapists and criminals of all levels receive forgiveness if they survive 6 months at the front.
Unless they've pissed off the
I don't think Pavel wants to be seen anywhere in Russia.
Any French prison+orange suit combination beats the bottom of some Russian sea+concrete monoshoe.
He would not end up in prison, the Russians would be very happy to welcome him as a hero because they say that even 50% of military communication goes through his platform, but so does a significant part of Ukrainian military-political communication. Maybe he left Russia, but he never ran away from what he really is.
August 29, 2024, 08:01:16 AM
August 29, 2024, 07:27:32 AM
Are there any old price predictions like from years ago which were actually correct?
August 29, 2024, 07:05:16 AM
Take a breather buddy
@philip I got your back, though it seems you're OK ;-)
Glad you got that thing off your chest
@philip I got your back, though it seems you're OK ;-)
Glad you got that thing off your chest
August 29, 2024, 07:01:19 AM
August 29, 2024, 06:44:15 AM
Going to get me one of these in preparation for
September's face melting rally
September's face melting rally
August 29, 2024, 06:05:54 AM
PAVEL DUROV is free.
Bail set at 5 millions € and cannot leave french territory till the trial.
He should hop on his private jet and gtfo while the gettin's good.Bail set at 5 millions € and cannot leave french territory till the trial.
The best thing is for him to return to his homeland, where he would have protection from all possible prosecutions for any criminal offenses - because there pedophiles, rapists and criminals of all levels receive forgiveness if they survive 6 months at the front.
Unless they've pissed off the
I don't think Pavel wants to be seen anywhere in Russia.
Any French prison+orange suit combination beats the bottom of some Russian sea+concrete monoshoe.
August 29, 2024, 06:01:16 AM
August 29, 2024, 05:01:16 AM
August 29, 2024, 04:43:26 AM
The main question is, will we have an exponential bull run again lasting 6-12 months and starting later in 2024 or the first half of 2025? What are the objective prerequisites and obstacles to this?
Prerequisites:
1. The presence of ETFs, which include many institutions in the market that would not otherwise participate in the retail market.
2. The changed attitude of large financial institutions and politicians. For the first time, the issue of the US government buying and holding bitcoins as a strategic reserve was seriously raised.
3. The usual impact of the halving on market equilibrium.
4. Since February, there has been a decline in bitcoins in exchange wallets, from 2.72m to 2.39m. If this trend continues, theoretically after 4 years the wallets will empty. This means that long before then, there will be a significant rise in price. This is the so-called supply shock. How much longer can it be delayed? It is possible that this could go on for a few more days only. Possibly months, but hardly more than 6, when bitcoins will drop to around 2M.
Obstacles:
1. Recurring sales of large amounts of bitcoins by the US government and others (my country Bulgaria also has about 200K bitcoins, for which sales nothing is known about.)
2. The usual influx of indians with leveraged long positions who squeeze out every daily percentage rise and so stopping the price growth.
3. Other factors like FUD, wars, market crash etc.
It should be noted that obstacles only delay the bull market in time, making it to be more ominous. As for the peak of the bull market, it has always been determined by a single factor - when the Coinbase server will crash. And I'm not joking! Yes, it's not in any financial textbook or TA, but it is a fact that every local peak in the last 7 years has been marked by a crash of Coinbase, followed by an immediate crash in price. This is ridiculous and unfortunate because it is the very truth. The unwillingness of Coinbase to invest a few thousand bucks and replace their obsolete servers is leading to billions in losses all over the world. That's why no one can make a reasoned prediction about the peak of the bull market, only lucky guesses.
When planning sales, one should consider the lowest possible values - there to sell for immediate needs, and the highest - for extras. My lowest in case of a premature crash is 200K and highest is 400K. There may also be a supercycle with a double top with these values. That's my estimation of the Coinbase servers stamina only, otherwise I have no doubts that price over 400K is achievalbe in this (super) cycle.
Prerequisites:
1. The presence of ETFs, which include many institutions in the market that would not otherwise participate in the retail market.
2. The changed attitude of large financial institutions and politicians. For the first time, the issue of the US government buying and holding bitcoins as a strategic reserve was seriously raised.
3. The usual impact of the halving on market equilibrium.
4. Since February, there has been a decline in bitcoins in exchange wallets, from 2.72m to 2.39m. If this trend continues, theoretically after 4 years the wallets will empty. This means that long before then, there will be a significant rise in price. This is the so-called supply shock. How much longer can it be delayed? It is possible that this could go on for a few more days only. Possibly months, but hardly more than 6, when bitcoins will drop to around 2M.
Obstacles:
1. Recurring sales of large amounts of bitcoins by the US government and others (my country Bulgaria also has about 200K bitcoins, for which sales nothing is known about.)
2. The usual influx of indians with leveraged long positions who squeeze out every daily percentage rise and so stopping the price growth.
3. Other factors like FUD, wars, market crash etc.
It should be noted that obstacles only delay the bull market in time, making it to be more ominous. As for the peak of the bull market, it has always been determined by a single factor - when the Coinbase server will crash. And I'm not joking! Yes, it's not in any financial textbook or TA, but it is a fact that every local peak in the last 7 years has been marked by a crash of Coinbase, followed by an immediate crash in price. This is ridiculous and unfortunate because it is the very truth. The unwillingness of Coinbase to invest a few thousand bucks and replace their obsolete servers is leading to billions in losses all over the world. That's why no one can make a reasoned prediction about the peak of the bull market, only lucky guesses.
When planning sales, one should consider the lowest possible values - there to sell for immediate needs, and the highest - for extras. My lowest in case of a premature crash is 200K and highest is 400K. There may also be a supercycle with a double top with these values. That's my estimation of the Coinbase servers stamina only, otherwise I have no doubts that price over 400K is achievalbe in this (super) cycle.
August 29, 2024, 04:08:02 AM
PAVEL DUROV is free.
Bail set at 5 millions € and cannot leave french territory till the trial.
He should hop on his private jet and gtfo while the gettin's good.Bail set at 5 millions € and cannot leave french territory till the trial.
The best thing is for him to return to his homeland, where he would have protection from all possible prosecutions for any criminal offenses - because there pedophiles, rapists and criminals of all levels receive forgiveness if they survive 6 months at the front. Besides, what's 5 million euros to someone who has $15 billion - those French are really funny if they think it can keep him in the country just because he paid their bail.
August 29, 2024, 04:01:18 AM
August 29, 2024, 03:24:27 AM
lets go bitcoin make jjg’s mockery win over my fuckery.😀
I am not going to complain about UP.. yet sometimes we just seem to be in a kind of "stuck zone," and whether weak hands are being shaken or not, the length of consolidation time can sometimes be a bit aggravating, even though we are still not even in that bad of a place, especially if we consider where we were 1 year ago or even where we were 2 years ago.. so surely relative to the last couple of years, I feel that we are not in any kind of bad place, even though witnessing some more UP might not be a bad thing, I am just not as smug about our passing through noman's land/don't wake me up zone without any hitches, when largely we have been in such zone since about the end of February so that has been 6 months of such, which also is not unusual to have 6 months or more of consolidation, yet I had expected that we weren't in a consolidation zone, even though I would not have had been surprised to consolidate in the $40ks, so in some sense we are even in a better consolidation location than would have been my late 2023 to early 2024 expectations... I mean prior to passing through more than half of noman's land and making ATHs prior to the halvening.
Yes September has always been know to be bad for Bitcoin but I thought it was thinking this one would be different
Except this dip is just market manipulations to get at cheaper price (more biased towards this).
As we are very close to a bull market.
2013 and still ongoing.
FTFY
August 29, 2024, 03:20:46 AM
lets go bitcoin make jjg’s mockery win over my fuckery.😀
I am not going to complain about UP.. yet sometimes we just seem to be in a kind of "stuck zone," and whether weak hands are being shaken or not, the length of consolidation time can sometimes be a bit aggravating, even though we are still not even in that bad of a place, especially if we consider where we were 1 year ago or even where we were 2 years ago.. so surely relative to the last couple of years, I feel that we are not in any kind of bad place, even though witnessing some more UP might not be a bad thing, I am just not as smug about our passing through noman's land/don't wake me up zone without any hitches, when largely we have been in such zone since about the end of February so that has been 6 months of such, which also is not unusual to have 6 months or more of consolidation, yet I had expected that we weren't in a consolidation zone, even though I would not have had been surprised to consolidate in the $40ks, so in some sense we are even in a better consolidation location than would have been my late 2023 to early 2024 expectations... I mean prior to passing through more than half of noman's land and making ATHs prior to the halvening.
Yes September has always been know to be bad for Bitcoin but I thought it was thinking this one would be different
Except this dip is just market manipulations to get at cheaper price (more biased towards this).
As we are very close to a bull market.
August 29, 2024, 03:01:14 AM
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