Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5483. (Read 26609142 times)

I hope.


Ok... I will subscribe to your reverse psychology.

You will thank me later.   


Ok..  fair enough...

I still get the sense that your "gut feelings" were likely just coincidences, and if we had a pump to $75k in the same period, instead of a dump to $45,700, you would have been proclaiming the same thing about the supposed relevance of your gut feeling.. that is unless you have now converted to actual soothsayer status, and you do not seem to be saying that.. yet.

 

https://twitter.com/elonmusk/status/1392974251011895300

Hahaha, my thought is I hope you brought a helmet. Lol







Edit: Looks like I didn't get your helmet to you fast enough, boy these guys are quick!

Get the fuck out of here, you twat.

 


Who cares about what shitcoin might be relatively better than another shitcoin.. it is not relevant to this thread unless you can somehow tie it in to discussions of king daddy without pumping the nonsense and causing us to deviate from otherwise important topics, ie..   how much we do not like Elon, at the moment... .. cue save the rf..

I know alt coins aren't really discussed here but my 2 cents is I value Monero way way more than Eth. Monero has good devs, a strong focus on privacy and keeps is decentralised. Eth on the other hand is a jumbled mess, controlled by a select few and likes to experiment on the fly (not something I'd want any of my $$$ parked in)

Thoughts on Monero vs Ethereum?

WoW, Israel has gone crazy.

Gaza is being under attack with a lot of air strikes, they have been attacking non-stop the whole night.

2 million Palestinians live in a besieged 365 km².

Waking up to see all those corpses from little children is disgusting.

 

This time is for real...?

Glad that I was able to hear that so that, and especially from such a credible source that knows about math, science and even writes and performs sing songs.  This way,  I will strive to not continue to do what I have been doing.

Desperate times call for desperate measures... and hopefully this works out for everyone.

Good luck peeps... some are going to need it more than others.. so it seems.

 


I thought that we already had more than a $10k correction.  My mathematical calculation of $64,895 - $45,700 is $19,195... Surely nothing to sneeze at, especially since the amount of correction is very close to the whole value of the peak of the price of bitcoin in late 2017 and we had not surpassed that value again until December 2020.

Maybe some amazingness to the quantity of numbers, even though pondering the matter in terms of percentages would probably be a bit more realistic in terms of attempting to grasp material significance of such price moves (whether Downity or otherwise).


Shouldn't be a BIG deal for you anyhow, Elwar.  We are priced right around what you had considered to be the top of this cycle, so what's the BIGGIE... sure this cycle ended up being nearly $15k greater than what you had anticipated, but no one can get the cycle exactly correct, so if you changed your mind, to expect even higher prices then wouldn't you just be overly setting yourself up for unnecessary and invented disappointment?  #justaskin



I suppose that there are a few reasons why you are right about this generalization point, and surely bitcoin OGs will have ONLY transgressed newbie status if they have engaged in a sufficient amount of HODLing in order to have allowed their BTC holdings to advance into considerable profits.

There may well be some bitcoin OGs who did not get some of the memos regarding mostly either doing nothing, such as HODLing or perhaps using some extra cashflow (if any) to buy on dips.. to the extent even needed.

Sure newbs are going to fit a couple of categories because even those who might have average BTC costs of under $20k may end up getting overly tempted to play the market because they may feel that they did not have had enough time to stack a large enough stash to their comfort level.  Surely, a lot of newbs will have some struggles in their attempts to prepare for both UPpity and DOWNity and to attempt to maintain a budget that mostly does not run out of cash and then resorting to HODL in the event that cashflow falls short during the crash period (rather than selling to generate cash - which many times is going to be problematic to attempt to accomplish during a crash and also largely appreciating that bitcoin remains in a bull market, until a large passage of time might cause confirmation that BTC no longer is in a bull market).  Probably all of these matters are much more difficult for anyone who had been very aggressive with investing in recent times and has largely run out of cash, even though the correction has ONLY been 30%, so far.. not saying that it will necessarily be greater, but there are surely no guarantees that the bottom is in after only a day outside of the $45,700 dippening and NOT really staying down there for very long (not that we have to, but still)....



Many of us longer-termers do not like the idea of selling on dips, especially during a bull market, and there seems to ONLY be rare circumstances that such selling on dips would work out including if it ends up that we are not in the bull market that we expect our lil selfies to be.       does not seem likely but it's possible.


We should all (that's the royal we, of course) just tell you to fuck off, but hey, you are not a bad guy, generally speaking, so there is that, too.   

Don't have too much funzies in your drunken stupor that might cause you to do anything that you would not be willing to disclose herein, even considering opsec obfuscation matters...... hahahahaha


Oh gawd.. you are surely a humble bumble today richy_t for some strange reason.

 

Oh my ivomm.. you have a lot of doosies in this post...

And just to agree with you, I would like to say thank you so much to the USA government for saving us from the BIG meanies.. by snuffing that black undeserving meanie Arthur Hayes and his little anti-bitcoin gang... yeah, Arthur even looks as if he is greedy and taking advantage of udder peeps.

yeah right...  


Some of us get so god-damned attached to whether the BTC price is moving too much in one direction or another that we start to believe that traditional financial governmental overreach is going to be our savior and solution.


rrrrrrriiiiiiiiggggggghhhhhtttttttttt.

 




Have you been hanging out with the old Torque?  finding a conspiracy in every little thing because you are so damned anxious for the BTC price not to correct and not to go sideways and if the price is NOT going UP every little second, you believe that their is some kind of "manipulation" that is greater than other industries?  Even Torque seems to have lighted up in recent years about some of that previously over-focused manipulation nonsensical assertions.



Of course they are not.. but do you even believe that a majority of shitcoiner insiders are going to really know if they are going to be successful with their various bullshit.. sure some aspects are probably decently orchestrated, but even some of the insiders are likely reckt from time to time too, even though they likely are stacking the cards in order to profit in a vast array of scenarios moreso than regular joe blows.   



So?  We have already seen this stuff and just variations of earlier themes.. which might drag down BTC prices and might not...   hard to really know.. but we should not be allowing the crap to get us worked up or distracted, right?



When bitcoin is ready to go up, it is quite likely that no one is going to be able to do anything about it. And, sure this cycle may have already topped off.. yet in any event, we know that there are a variety of different players that are going to try to push bitcoin's price down as far as they can and to keep it down for as long as they can, but again that is a BIG so fucking what because they may or may not be successful in such efforts, and then at some point they may well lose such battle.  We have seen the loss of such battles to keep BTC down multiple times in the past, and sure whether this time will be successful or not should not get any of us too worked up because each of us longer term bitcoiners should well be prepared for BTC price movements in either direction and to go in either direction contrary to our own wishes and beliefs.. That kind of shit happens, especially during a war... a largely silent war, but still.. war it is and war it has been..,. and we are lucky in a lot of respects that bitcoin has so far been doing quite well in such war... even while past performance does not guarantee future results, even while it can give us some indications of what kinds of scenarios are more probable and try to prepare our lil selfies within realism rather than just making shit up because we do not like the way the BTC's price is going.. we have not even really had any 30% plus correction this cycle.. and so many peeps are concluding that 30% plus is not possible.. blah blah blah.. and yeah, there may be some udder peeps that would like to show that 30%, 50% and even greater than 50% are quite possible, whether sustainable or not might be another story.



Really great when peeps are trying to say that there is some kind of pattern to the various shitcoin pumps.,. right?  that's living in a fantasy to believe that some kind of pattern might play out in the future merely because it may have been noticed in the past.. especially when it comes to attempting to predict how shitcoins may or may not affect the price dynamics of king daddy.




Now you know what shitcoins are going to do?  That is even harder to figure out than what bitcoin is likely to do, and gosh I doubt that we have very great odds of being able to say in either direction beyond 50/50.. so what else is new?

It does seem quite convincingly that bitcoin remains in a bull market, so that would kind of give some credibility to where bitcoin is likely to go in the longer term.. such as 3-9 months from now, but I doubt that the fact that bitcoin has largely been bouncing and slanting uppity for the past 3.5 months between $42k and $65k gives us any kind of meaningful ability to say what it might next or even in the next couple of legs (or if there will be legs).



Frequently "for sure" language remains quite dangerous and might be a sign that you may well need to take a few chips off the table in order to not be so vulnerable to ONLY one direction, whether we are talking about the price direction of bitcoin or how shitcoins might play out in connection to whatever king daddy might end up doing.  Hopefully you have not been employing leverage in recent times to have to rely on such expectations that you have... and sure peeps can leverage in a lot of ways that cause them to be overly reliant on one direction over another direction... so hopefully, that is not what is going on with your presentation regarding what you expect to happen in bitcoin or shitcoinlandia in the coming months to half year or whatever timeline you are attempting to figure out.


Yes.. someone with a name like JohnnyUranus should get excited about a thing like that.

Your post consumed too much fossil energy. 

This guy is a super-duper asshole.

So, I wrote this in the dudes competition thread "And thank you very much for doing this your dudenes, I really like the nostalgic feel."
And it got deleted, WTF! Do they have retarded mods outside this thread? And what possible rule could that have breached?

Oh f*ck what a screwed up day ,
coinbase announcing listing of Douche coin *pun intended* so this is what will pump up the crypto markets?
https://bitcointalksearch.org/topic/coinbase-adding-dogecoin-5337324
Kill me now.

I don't see it budge yet that sh*t coin is up 8% from this. Market manipulation at it's finest people.

And King of the Douches just stirred up the sh*t on his twitter.


Sit back & watch the idiocy unfold.

thanks

Ill try it some day.

Obviosuly you never heard of Bitmex. Does the word "Bart" mean anything to you.

a 3 million dollars BTC in 2025 seems lovely (especially for someone like me with a small stash) however I fear it would mostly mean the dollar is worthless by then. Not in a "but it's already worthless" kind of way, but as in "you need stacks of 1000$ bills to buy a baguette".


Don't worry I'm not into ETH, I own one that I got for 100$ I think. I used to mine it of course before the DAO thing.

Ethereum brought dapps and smart contracts, which are interesting concepts. If only to prove they allow all kinds of scams of course.

I have not delved too much into its governance etc. since I'm not into it so don't take my posts as endorsing altcoins in any way. I'm just saying if there is no limit to the supply of a coin, I don't really want to hear about it (big premine is also bad but I forgot about that in the case of ethereum). I mostly don't hear/read about alts that do have a limited supply either, though. It would be a full time job.

With that said, I know people who do that work and make good money/BTC out of it. Doesn't mean they believe in any alt, but they believe in making dough out of them ! I would probably be bad at it and end up holding bags of shitcoins, knowing myself.

Well, golly gee, that seems quite imprecise bunny...

We need better numerology that would put the price at $123,456,789.01

I like that much moar better, and to me, it just seems better to specify exact happiness reaching thresholds.



Surely seems like a big wasteful use of money for any adult reasonable and prudent person.. that's for sure.... and not very frugal, either.

seems da @bunny is a not very good role model.   

must +1WO merit you for that one, Dabs.


Actually, I have heard some seemingly reasonable bitcoiners making assertions that bitcoin is NOT going to be too ready to pump prior to GBTC getting the fuck back in line with proper BTC prices, and surely it should NOT need to get back to zero or even within a percentage or two from where it "should be", but almost anyone can  appreciate that the 15% to 18% negative premium is just "out of line" and causing some BTC price dynamic tensions - even if it is just one of the factors to account in current times.

On the other hand, sometimes, there could be forces that would like to blow GBTC and Barry Silbert the fuck up, and could manipulate BTC prices in order to punish them beyond any kind of reasonable expectations, and that is kind of what can happen with free markets and sometimes big players who want to take advantage of "awkward situations" and make some money at the expense of somebody else (including rich peeps taking money from other rich peeps... hahahahahaha.,.. pee pare ur lil selfies for any kind of scenario that could play out from where we be at and where we might be going.. this is not bat country anymore...).


Sure Grayscale is likely a pretty BIG ass player, but it is likely NOT good for your health - either financially or psychologically to presume that even BIGGER players might want to attempt to teach them a lesson, whether successful or not might be another story.


Is that a selfie, Torque?

 

Opsec, dude.. Opsec.

 

You will thank me later.


I doubt that there is anyone who is realistically looking at historical BTC price performance who is actually saying or even projecting that BTC is going to be smooth or without corrections or without significant underperformances of the 2x or 3x trajectories, but even your anticipating of something like $3.3 million by 2025  would be well within a variety of 2x trajectories even if the before and after years happen to fall below such 2x trajectories.

To be more specific, approx 1,890,000 liters ore 500,000 gallons water is required per metric ton of lithium. All those fresh water sources nearby will be polluted permanently. Can't imagine the damage done if all petrol cars are replaced.


Going to bed now. From ~04:00AM to ~23.00PM.

Have a nice day.

Gosh, I did not realize that the only disadvantage of that piece of shit was a lack of limited supply.

You mean that Eth is otherwise similar to bitcoin except for its lack of a limited supply?  

Why is there so many tendencies for guys in this here thread to be giving benefits of doubt to pieces of shit, such as ethereum?  Or is it just me?  (this last question is rhetorical.. but sure, I understand that shitcoiners are going to want to answer my last questions and want to pump their shit in this here otherwise lovely (#nohomo) thread and act like they aren't)


That does not seem sustainable for very long to me, even if we are able to make such historical claims and even if it might end up continuing to happen for a few more years after we trajectory it out.. maybe past this cycle and the next couple of cycles.. perhaps?  perhaps?


Edit:  Oh looks like AlcoHoDL trajectored out the annual doubling to help provide some kinds of guidance and to ground us in terms of the realisticness of such annual doubling sustainability possibilities.