Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 579. (Read 26467714 times)
March 29, 2024, 05:01:16 PM
March 29, 2024, 04:41:33 PM
[...] some religious dude died then came back to life or some such silly supernatural thing.
thats sunday dude
well he died on 'good' Friday he rose on Sunday after or so they say
March 29, 2024, 04:04:41 PM
[...] some religious dude died then came back to life or some such silly supernatural thing.
thats sunday dude
March 29, 2024, 03:43:30 PM
Might be a quiet few days on the forum, Good Friday, Easter Weekend etc. At least GBTC can’t sell anything for a few days now, hey.
I’d like to think we could be above $72,000 by Monday.
I’d like to think we could be above $72,000 by Monday.
I was hoping that the ordinals spam would take a break already, at least until Monday evening, but no...
So I don't expect all speculators are on holiday either.
But it doesn't matter. Halving is ~24 days away.
March 29, 2024, 03:06:39 PM
Well I get a paid holiday today because apparently some religious dude died then came back to life or some such silly supernatural thing.
And then there's those strange giant bunnies prancing around with baskets of colored eggs scaring toddlers.
But I don't get a day off when the Flying Spaghetti Monster was resurrected.
I'm gonna write to my congress person and complain.
Happy Good Friday bros....
...and GO BITCOIN
And then there's those strange giant bunnies prancing around with baskets of colored eggs scaring toddlers.
But I don't get a day off when the Flying Spaghetti Monster was resurrected.
I'm gonna write to my congress person and complain.
Happy Good Friday bros....
...and GO BITCOIN
March 29, 2024, 03:01:14 PM
March 29, 2024, 02:08:15 PM
Yeah.. last cycle I had my highest range starting from $1.5 million and higher (with around 0.5% odds), so this cycle has gotta be higher than that, unless I happened to have been wrong the last time around with my assignment of possibilities.. I am not going t concede the assignment to have had been wrong, even though surely the outcome showed that such prices would not even come close to being met within the terms that I had outlined...
yet still I would suggest ultra bullish for this particular cycle has to at least get close to $1 million .. or perhaps sub $1 million and higher (such as $800k plus).. would also be acceptable in order to really attempt to recognize and appreciate some of the underlying dynamics that push upon my lil precious prices.. so in that regards to $250k as a "ultra-bullish price target" would maybe be on the relative conservative or perhaps mid-range side of bullish. even though sure there is ONLY around a 3.2x-ish difference between $250k versus $800k plus.
I have read your posts on this and others. The problem I have though is assigning any kind of probability to numbers above 250, sure there is a very tiny weeny .% probability and to me they are all like pie in the sky and not realistic. Its easy on one hand to say its only a "3.2x-is difference" but based on market cap your talking about going from ~1.3T and ~70k spot to 13T and ~700k spot. I cant wrap my head around that much capital injection happening this cycle. Dont get me wrong it would be great, and I might be severely underestimating retail fomo and etf + other cap injections along the way during this bull but at the same time lets be realistic.
I have a possible solution to your puzzle: this "cycle" will continue for longer than expected.
This way, it could get to 13T in about seven years at about 40% appreciation/year (on average) or roughly 2X of Nasdaq.
Or, get there sooner, say, by 2029 (at 60% a year) and then undergo a long term bear.
Witness a 8 year (about) bull market in Gold after ETF approval, followed by a 3-6 year bear (depending if you count from the lows or from the change in trend) and now 6-9 years of continuing bull.
Imho, we would get something similar, but not exactly, of course.
March 29, 2024, 02:01:25 PM
Yeah.. last cycle I had my highest range starting from $1.5 million and higher (with around 0.5% odds), so this cycle has gotta be higher than that, unless I happened to have been wrong the last time around with my assignment of possibilities.. I am not going t concede the assignment to have had been wrong, even though surely the outcome showed that such prices would not even come close to being met within the terms that I had outlined...
yet still I would suggest ultra bullish for this particular cycle has to at least get close to $1 million .. or perhaps sub $1 million and higher (such as $800k plus).. would also be acceptable in order to really attempt to recognize and appreciate some of the underlying dynamics that push upon my lil precious prices.. so in that regards to $250k as a "ultra-bullish price target" would maybe be on the relative conservative or perhaps mid-range side of bullish. even though sure there is ONLY around a 3.2x-ish difference between $250k versus $800k plus.
I have read your posts on this and others. The problem I have though is assigning any kind of probability to numbers above 250, sure there is a very tiny weeny .% probability and to me they are all like pie in the sky and not realistic. Its easy on one hand to say its only a "3.2x-is difference" but based on market cap your talking about going from ~1.3T and ~70k spot to 13T and ~700k spot. I cant wrap my head around that much capital injection happening this cycle. Dont get me wrong it would be great, and I might be severely underestimating retail fomo and etf + other cap injections along the way during this bull but at the same time lets be realistic.
March 29, 2024, 02:01:16 PM
March 29, 2024, 01:44:18 PM
welcome to law, pompous rooster
Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs
https://www.coindesk.com/policy/2024/03/29/uk-judge-freezes-craig-wright-assets-to-prevent-him-evading-court-costs/
Quote
6 million British pounds
mmh I thought he went 'full billionaire mode'
March 29, 2024, 01:35:54 PM
Interrupting Buddy streak.
Where is everyone?
Where is everyone?
who is your "everyone", lol?
on a more serious note, people are just not being excited at 69-70K anymore.
they need at least a thou/day
March 29, 2024, 01:01:15 PM
March 29, 2024, 12:01:13 PM
March 29, 2024, 11:01:16 AM
March 29, 2024, 10:01:15 AM
March 29, 2024, 09:41:58 AM
March 29, 2024, 09:41:16 AM
I had a pretty BIG tax bill this year too, for "reasons.".. kind of weird to sometimes be paying so damned much.. ... ..
yeah my wife complains about the amount of taxes we pay lately. i just tell her that if you dont want us to pay taxes we can always choose to be poor, as we only pay taxes when we make money.
she grudgingly agrees paying it is better.
March 29, 2024, 09:01:15 AM
March 29, 2024, 08:01:16 AM
March 29, 2024, 07:03:45 AM
Damnit... Another 55 acres of grazing land came up for sale directly south abutting of our homestead... Guess I should do something with this corn... Can't spend it when I'm dead...
Submitted a counter offer earlier today. Cross your fingers for me, gentlemen!
I asked my wife to include your wishes in her shaman fire ceremony this evening. Hope it's not too late (and that it actually works)
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