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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5390. (Read 26623616 times)

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!



Interesting chart.  The bit missing is the price seeking level related to the NEXT halving.
quadratic regression on the logarithmic scale indicates $76k
There's an app a chart for that ha ha

Better than my guess for the contest:

69,820  MishaMuc
70,000  philipma1957
70,500  Slot Kid
71,500  fillippone
72,239  cAPSLOCK*
72,400  Phil_S
72,555  OutOfMemory
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3780
Merit: 5429
I know Raoul Pal isn't always the most liked around here but he is spot on here. Open the link for all of his comments.

https://twitter.com/RaoulGMI/status/1397172575810228225



He is a very smart dude with lots of insight.  It's just his "big bad maxi" narrative that is annoying.  He may not realize that the whole "Ethereum is actually more amazing than Bitcoin" argument is fairly worn out for people who have been paying ACTIVE attention for longer than him.  He actually goes WAY back in having interest in "crypto" but only came out guns blazing this halving epoch.
Overall I like Raoul Pal, his insight and judgement of Bitcoin is sound. Well at least as long as he doesn't pull a Nassim Taleb and turn on it/us, or favor other shitcoins over it. Although I will say that he has not done enough DD on Ethereum to realize that the future promises it makes are both unachievable and untenable. Complete vaporware scamcoin.

But he is spot on here, and the contrast he is pointing out is still not really being heard over the ROAR of "ZOMG BITCOIN VOLITILE CANNOT BE SOV" screaming noise.

But we are getting closer.

People when 100X over-leverage is raging: "Bitcoin is too unstable to be a SOV."

People when 100X over-leverage has vanished: "Bitcoin is boring." or "Bitcoin is dead."

 Roll Eyes  Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
Slow upwards grind now until the end of summer & then moon? We can hope hey but oh my, those couple of weeks were horrible. I have to admit I was petrified haha, sold nothing though.

So?  ATH wen?

You talking August or maybe September before we get to another ATH.. or maybe the end of July?

I understand it is not fair for me to try to pin point you, but you are being vague.. probably on purpose....

How is blindmayor, by the way?  Weren't you both in and about the same location - eating chocolates from under the cupboard for the past several days? 

 Cheesy Cheesy Cheesy Cheesy

I know Raoul Pal isn't always the most liked around here but he is spot on here. Open the link for all of his comments.

https://twitter.com/RaoulGMI/status/1397172575810228225



How could he be "spot on" when he is muddying his thinkenings with shitcoins?

I will grant that he said a lot of things that are reasonable or fair assessments in a muddied kind of way, but we give way too much credit to anyone who is muddying their thoughts.. and cannot even figure out a way to use the word bitcoin... and so thereby contributes to others muddying their thoughts on the topic as well.
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
New ETF Invests in @Grayscale #Bitcoin Trust $GBTC $SPBC
The fund, filed with the Securities and Exchange Commission on May 23, will invest at least 80% of its net assets in U.S. equity securities, and expects to invest up to 15% of net assets in Bitcoin via the Grayscale Bitcoin Trust.
The SEC has not prohibited the closed-end funds invested in Bitcoin (like Grayscale), lawyer Nicolas Morgan said.
https://twitter.com/Sonnenshein/status/1397568938276532224
https://www.thinkadvisor.com/2021/05/25/new-etf-would-invest-in-grayscale-bitcoin-trust/?cmp=share_twitter

My comment: Greyscale vs SEC - check and mate!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1526
Merit: 1012
eth is a turd

I have no idea about how this leverage thing, how it works..? I have never tried but this seems convincing based on this wild up and down fluctuations $30k-$40k lines.

It's simple, borrow 100x of what you have and trade with it... 100x profit but 100x loss too, so if corn goes down 1% your collateral gets liquidated. Amazingly there is no lack of math-challenged idiots who think this will never happen to them.

now you know you don't need to own bitcoins to make money or crash it, just borrow a few thousands with ur MM pals and do a coordinated dump, -50% there you go gg easy wp

margin trading is dope for trading alts, in fact i only trade shortable alts. incremental long or short is power because they can't sustain a pump more than a few hours and they bounce hard in during frenzy times.

Do not recommend when market is flat tho

And here i thought 5x was already very dangerous (100x oh my how it is even allowed Roll Eyes )
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
I know Raoul Pal isn't always the most liked around here but he is spot on here. Open the link for all of his comments.

https://twitter.com/RaoulGMI/status/1397172575810228225



He is a very smart dude with lots of insight.  It's just his "big bad maxi" narrative that is annoying.  He may not realize that the whole "Ethereum is actually more amazing than Bitcoin" argument is fairly worn out for people who have been paying ACTIVE attention for longer than him.  He actually goes WAY back in having interest in "crypto" but only came out guns blazing this halving epoch.

But he is spot on here, and the contrast he is pointing out is still not really being heard over the ROAR of "ZOMG BITCOIN VOLITILE CANNOT BE SOV" screaming noise.

But we are getting closer.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
I have no idea about how this leverage thing, how it works..? I have never tried but this seems convincing based on this wild up and down fluctuations $30k-$40k lines.

It's simple, borrow 100x of what you have and trade with it... 100x profit but 100x loss too, so if corn goes down 1% your collateral gets liquidated. Amazingly there is no lack of math-challenged idiots who think this will never happen to them.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
a dream of every BTC hodlers Grin Cool



https://twitter.com/BTC_Archive/status/1397282997750075395



and here is a DOGE version Tongue



This is what the term "gauche" was coined for.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Slow upwards grind now until the end of summer & then moon? We can hope hey but oh my, those couple of weeks were horrible. I have to admit I was petrified haha, sold nothing though.

Same, I did buy a little though.  First time in over a year I bought that much too...  So I am kind of still nervous.
copper member
Activity: 1526
Merit: 2890
I’m knew it China and Elon are not only the reasons behind this.

I have no idea about how this leverage thing, how it works..? I have never tried but this seems convincing based on this wild up and down fluctuations between $30k-$40k lines.



https://www.cnbc.com/2021/05/25/bitcoin-crashes-driven-by-big-margin-bets-new-crypto-banking.html
sr. member
Activity: 616
Merit: 292
I don't know where I'm going, but I'm going.
We should change the 100k party to 50k party so we have some partying to do while we wait for the price to rise Smiley

I've run out of reasons to drink Cheesy

Just take a shot every time Chart Buddy posts a 40k crossing in either direction.  I suggest buying a liter of whatever you like because it might go fast.

Good idea, cheers mate Cheesy
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Prediction:

New ATH by mid June.

Quote it for posterity gentlemen.

Oh?

So we are skipping an ATH for May?

I was told a new ATH for every month in 2021.

So bitcoin changed its mind about May?

That sucks.
sr. member
Activity: 304
Merit: 380
Interesting chart.  The bit missing is the price seeking level related to the NEXT halving.
Your wish is my command.

legendary
Activity: 3304
Merit: 8633
icarus-cards.eu
sr. member
Activity: 304
Merit: 380



Interesting chart.  The bit missing is the price seeking level related to the NEXT halving.
quadratic regression on the logarithmic scale indicates $76k
There's an app a chart for that ha ha
sr. member
Activity: 304
Merit: 380
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