Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5890. (Read 26715517 times)

What are "we" saying now then?

Are we in like mid-2017 ish price levels, where we might have a decently large pullback before continuing up in a kind of blow-off top?

Or might we end up in more of a kind of 2013 double top performance where we might be somewhere in the first price bubble (whether it has peaked or not might be another question), and then our pullback would be longer than the one(s) that happened after August 2017.

I keep getting the sense that the top of this particular bubble could end up dragging into 1st quarter or 2nd quarter of 2022.. but surely there is a whole hell of a time between now and then, so it is difficult to suggest how this bubble could get there - so maybe in the end, those folks who have been more reliant on the four year fractal for providing their guidance end up being correct and we just get another cycle that ends up playing itself out in the last quarter of 2021.. I still don't know how that happens either and could reasonably result in tops that range anywhere in the $150k territory to even up to $1.5 million.. and yeah no one finds this helpful to have such a broad range and the higher end of the range does come off as a bit over-the-top in terms of probabilities, especially to be able to reach it by the end of the year (which then causes me to consider that if the top ends up being even close to that $1.5million high for this cycle, then it just seems more reasonable that the cycle could take a wee bit longer to play out).

Surely, difficult to speak with any kind of confidence without coming off as a wee bit of a kook.. but at the same time, I have hardly any sense of financial expectations that any of the UPpity BTC price performances need to play out to make me feel MOAR better financially.. even though psychologically there could be some good feelings in regards to pointing at the no coiners who had continued to fail/refuse to take any kinds of meaningful actions to acquire some corns in case they catch on.. and BTC prices going up to the upper end of the range - even $500k to $1.5k would surely be quite validating (just in case some of us don't already feel validated enough.. .I was even feeling pretty validated in the $10k to $20k range.. so, there is that angle, too)


Showing me or the thread (hate to presume too much about the we) for that matter your wallet is not going to work to establish some kind of bludgeoning effect you insecure deranged fuck.

Do you believe anyone gives any ratt's asses about the size of your dick (I mean wallet?).  

It hardly matters in regards to talking about subjects on this thread, and the hypothetical that I outlined in my earlier showed a range of BTC holdings between 10 coins and 600 coins, and if you happen to have 6,000 coins or more you could either be plugged into the hypothetical, which of course, such size of wallet may well justify some other strategies.. including some of the dumbass practices that your whining ass has been following that include selling a chunk of your BTC at $16k and buying other chunks all the way up between $25k and $55k.. but whatever..

I am not even saying that you are wrong when you might have even more excessive number of coins than the more excessive of the coins that I had outlined in my hypothetical (600), and largely, if you were to show a wallet larger than 600BTC you would be making my point rather than rebutting my point.

Both you, BAAAAWWWB, and biodom smiosnom, have recently made the dumbass suggestion that I might gain more credibility if I were to show some real world proofs regarding the size of my dick (I mean wallet), and surely it continues to be difficult to get some people to move away from these kinds of bullshit, largely irrelevant and frequently counter-productive kinds of thinking.  I could give some more examples of such, but I am going to hold back for now... (removed explicative... hahahahaha - cause I am feeling nice,   ... #nohomo)


Yes.. exactly.. .... better to try to control ur lil selfie.. rather than having meltdowns over stupid shit.   

Fibo retracement fits also very well (38.2%). we will see.




EDIT: HAHA, the lonely super rich King proudhon above!

Hopefully this analysis will save somebody from the ruin of failed bitcoin. Good luck.

One of the two at least should be black, if we can follow #blackHomo ....

So would be difficult   

Not exactly liking this seemingly abortive ant-like extension (to 61.7) of the prior high (58.2), but, whatever, maybe it's just some churn.
Thinking about which nifty to buy,  
Last time I checked, there are some pixels available for sale.

Unrelated: when we are going to have 3080ies available for a decent price? WTF?
It's good for those who want to peddle 1080ti on ebay, but I don't have any to spare, lol.

the bottom is in. where is Bob buying into the dip with fresh printed dollars from his basement?  

Everyone else
$3 a slice

I seriously doubt it if China, Russia or EU do it.
Then again, if it is a country which starts with "I" and ends with "n" or another cough-NK-cough, then, sure, it's quite possible.

Or, as history shows, will see a lot of Nimitz class aircraft carriers suddenly moving in its direction. But first one needs to take one for the team, then critical mass will follow, but we're few years from that

What's the value of Pi?

Mathematician - 3.141592653589793238462643383279502884197169399375105820974944592307816406286 208998628034825342117067982148086513282306647093844609550582231725359408128481
Physicist - 3.14159265358979323846264338327950288419716
Engineer - about 3 something

Interesting fact: I was interested as to whether lifting the restrictions on characters in domain names had had any effect and http://Π.com/ is valid.

Hahahaha

at a certain point it helps to be in profits too.. so at some point, whether you bought in below $1k or you bought in at various prices that average to below $10k, or even if you have a BTC average price of $10k to $20k, as the BTC price continues to rise, you start to feel some confidence, at a certain point, that the BTC price is either NOT going to go below your average cost per coin or the BTC price's bottom is still 1x, 2x, 5x, 10x or some other x above your average buy price, so that it matters even less that the BTC price dips down to the bottom of the bottoms, and it is still x above your average buy price.

I just looked at the 208-week moving average, which remains a good place to try to calculate maximum BTC price bottom (no guarantees of course), and the 208-week moving average is around $10,300.. so we seem to be getting into the territory in which that "bottom" is actually moving up between about $200 to $500 per week, and gosh if we stay in a kind of super $30k price range for a while, it may well start moving up close to $1k per week.. which surely is not a bad place to be.. but it may also start to move up a lot more slowly once we start getting close to peaking out.. still to be determined where the "peaking out" point is going to be.


yeah.. but I thought that the manual says that we don't know, right?

Sure, we have some ideas, including ideas that tend to have slightly better odds for UP rather than DOWN and also appreciating that BTC remains an asymmetric bet (which is kind of saying the same thing), yet the BTC price could still go much below $55k or whatever other price in the range of $30k to $50k and stay there for a decent amount of time.  But then again, it might not, too.  Part of the reason that we pee pare our lil selfies for either BTC price direction (both financially and psychologically) is because we don't know exactly.

Also, think about it: there is a possibility that Elwar could end up being right.  Sure, not a very BIG possibility, but much more than non-zero chances. 
That would suck, and surely, I would not be apologizing about any meanie things that I said to Elwar if he ends up being largely right, but it would go to show that a variety of scenarios are possible, even ones that end up causing us to have to tweak some of the models.

Can't be down if you never had anything to sell

$55,770!
Who is selling !!! 😂

Hello A.I 😂

Executing algorithm to find when $100k?

Good afternoon WO!
Observing @ $56,140

Correction in action.

Boblawblaw, that you & Rick on the ranch?




@bitcoin_sun

I have seen the light! @CountBitcoin

https://twitter.com/bitcoin_sun/status/1371499573592612864?s=21


#tainttanning
#definitelyhomo

A.I.        Speaking

I know enough, and sure if you might want to provide more details that could be helpful to the extent that you are wanting to compare how one bitcoin method/approach/strategy might compare to another one.  As I have said nearly a zillion times, if there is such a number, there remains a decent amount of value in personal tailoring of approaches, and even the employment of one approach may well not exclude that other approaches might be simultaneously incorporated.  So for example, there could be an employment of a system like mine and also some portion of the BTC stash could also be used as collateral too, and of course, other systems such as creating of trusts for portions of the value or whatever.

And, yes Biodom, you are correct in your assessment that the sales of BTC seem to be so damned small, so why do them?   But you are wrong in the assumption that is built into your proclamation in the sense that there can be both value in doing the sales on an ongoing basis and also, even if ongoing sales of BTC might seem small they can surely add up when they are added together, so even for the guy with the 600BTC that are valued at $36 million at $60k, a sale of $70k ever $3,333 would add up to more than $1.26 million if the BTC price were to double to $120k./..

So that guy with around $36 million BTC holdings at $60k ends up having around $72 million in value of his BTC holdings at $120k, and sure maybe he ended up shaving off $1.26 million so he ends up ONLY having around $70.74 million when the BTC price reaches $120k..  Yet, I would consider that he has not significantly shaved down his BTC value in any kind of meaningful or material way that is really going to negatively affect him, but instead gives him options.. and perhaps even more options than he would have had if he had left all the value in BTC, and at the same time, this guy ends up having an extra $1.26 million of pocket change to be able to spend or to reinvest or to do whatever he would like with such moneys.. Seems like those piddly little amounts of $70k every $3,333 or $210,000 every $10k ends up adding up to me, whether we are talking about the guy with $36 million or some of the guys who are lower down on the BTC value package list that I had provided in my earlier post and the system seems as if it could apply to any of the guys whether we are talking about the ones at the top, some of them in the middle and maybe even those at the bottom, perhaps.. even though of course, the situation does seem to be helped quite a bit if there is a certain level of value or even objective assessment of having had been over invested which well could be a more difficult case to make for the guys who only have 10 BTC or 15 BTC, even though on a substantive value basis, the ones lower on the portfolio value perspective might not really have enough BTC to be employing such strategies - though those remain personal calls in terms of coming to assessments about their total situations and considerations about whether if they have enough BTC, or if they consider themselves to be overly invested in BTC or not.


hahahaha

Blah blah blah

goo goo goo

did someone die and put uie pooie in chargie?



Hm?


Sim porting has been an issue for quite a few people over the years, and I don't really feel that it is necessary to get into any personal details, but sure there are protections that can and should be taken.. the more bitcoins that you have, the more protections that you should likely take.

However, for example, an attacker might think that you have more coins than you do, so they might spend a decent amount of time trying to get into your system(s), yet once an attacker is in, they would take whatever value you have in the accounts in which they gain access, whether that is .0001BTC or higher values.


You are considering that there are some specific vulnerabilities in my OPsec as compared with other folks?   I have frequently attempted to share information in more general and generic ways rather than getting into too many specifics, even though surely there are some peeps who seem quite willing to share more information, and there are some other peeps here who seemed to have pulled back a decent amount on their sharing of personal information.  So, personally, I have even described a variety of circumstances of what rich as fuck might be, which may well even include persons on the lower ends of my earlier example, and we do even have some people here with less than 1 BTC and around 5 BTC, and those surely are not bad points to be, especially when you compare them to no coiners or newbies who are just getting in and even 0.1 BTC is going to be a struggle for some of the newbies and nocoiners.. and surely, if some of us have lost coins in various ways, we may well be in similar circumstances where we are working to acquire lower statuses of coins.. and some of us might personally experience such stories or know some of the stories of some of our bretheren in this thread who have told us about some of their sold BTC at lower prices (whether forced or otherwise) and then struggling to figure out how to get even a semblance of their previous stash.. and sure the Mindrust example can be a good one, but there are others as well with different stories and it may well not be polite to name them or to go into their stories - even though sometimes they will share those stories here from time to time...  

I share a lot already in this thread and through the years, so prodding me to share certain parts of my story as if some of the details really matter seems, at least, like bad manners, nanobtc.. even though you are not the ONLY one who has engaged in some seemingly excessive bad manners in those prodding kinds of ways.  I will admit, though, at the same time that how much I share in terms of the prodding is a kind of personal discretion situation, and surely there are some guys (and gal perhaps) who do end up sharing (or oversharing) upon such prodding.. so each poster does have to figure their own personal (and OPsec) boundaries in terms of whether and how much to share in order to make whatever point that they need or want to make, and surely there are posts and threads on personal security and coin safeguarding, too.