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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 63. (Read 26460970 times)

legendary
Activity: 3682
Merit: 5233
OT:

Ok, so Berkshire Hathaway's stock nearly tripled (2.7X !!) since the bottom of 2020, while the major economies of the world crumbled and saw massive layoffs, pullbacks, and out-of-control inflation.

In just 4 years.

Holy fk, that's HUGE.

By any definition, that is textbook runaway hyperinflation.

If from here their stock doubles or (god forbid) triples again by 2028, massive hyperinflation will all but be confirmed.

People should be worried, but apparently they're too busy filming TikTok twerking and silly dances.  Undecided
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 4242
Merit: 8515
'The right to privacy matters'
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 4242
Merit: 8515
'The right to privacy matters'
We will go up in about 6 hours, when Nvidia posts +- 10% up on target earnings.

Probably back to 64K I guess.

So stupid.

 Roll Eyes

Maybe.

 I tell you this BTC seems to be stuck in a track and it is getting to look like the 1989 to 2005 gold track

year--- low--- high

1989---358---417
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2001
2002
2003
2004--373---455


2005--411---537
2006--520---725
2007--608---841
2008--692---1,023


gold tracked in a slot for over 15 years and breakout started in 2005

  Is btc going to track like this 30-70k for a dozen years.  
 The only thing pointing against this is mining just adds gear and grows like mad.
REAL btc Coins don't grow like mad anymore, but fake coins grow a lot.

It feels like BTC is tied into a slot
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?

If you found this helpful I have some beachside property in Montana to sell to you.

how many acres do you have for me?

i hear the fishing is awesome
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 1526
Merit: 2617
We will go up in about 6 hours, when Nvidia posts +- 10% up on target earnings.

Probably back to 64K I guess.

So stupid.

 Roll Eyes
legendary
Activity: 4242
Merit: 8515
'The right to privacy matters'
Fed up with the $58k gang? Here’s an explanation for why Bitcoin always returns to $58,000:

The Bitcoin Resonance Hypothesis posits that $58,000 represents a quantum equilibrium state for Bitcoin's price, caused by a phenomenon known as "blockchain resonance."

This theory suggests that the cryptographic algorithms underpinning Bitcoin's blockchain have inadvertently created a harmonic oscillation pattern in the digital currency's valuation.

At precisely $58,000, the mathematical properties of Bitcoin's SHA-256 hashing algorithm align with the golden ratio (φ ≈ 1.618), creating a state of minimal energy in the crypto-economic system. This alignment causes a subtle but persistent quantum effect that always pulls

The effect is amplified by the collective behavior of miners and hodlers, whose actions unconsciously reinforce this resonance through a complex feedback loop involving mining difficulty adjustments, trading patterns, lettuce hands and BT sentiment.

While market forces can temporarily push the price away from this equilibrium, the underlying quantum resonance inevitably reasserts itself, causing Bitcoin to "boomerang" back to the $58,000 mark with almost eerie regularity.

If you found this helpful I have some beachside property in Montana to sell to you.

how many acres do you have for me?
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 3836
Merit: 10832
Self-Custody is a right. Say no to"Non-custodial"

Sounds scary to go "all in" like that, and we've met those kinds of folks over the years.. (Elwar did something like that in 2016). I could not see the exact date of the post, yet 11 years ago would be right before the second half of the 2013 price run.. 

So maybe $100-ish per BTC-ish?  which would be 500 BTC.. and even if the guy was able to hang onto half of his stash, he would still have 250 BTC.. but from my impression, the way he was framing the whole "going all in" matter, I get he sense that he might be a bit of a weak hand, unless he was able to grow out of that, so then I wonder if he would have been able to mostly hang onto even half of his stash over various trying times over the years.. .. and yeah, by now, he would not even have to hang onto half since even 50-100 BTC would still put him in a decently good position, in the event that he might have had been able to hang onto even 1/5th or more of what he might have had been able to purchase with his $50k in mid-ish 2013.... so who knows how it all played out for the guy?

I personally made my first BTC purchase late 2013 around $1,200.. so that guy would have had gotten in before me.. but did he make it through the waves would still be a mystery.... and not easy to judge from just one post like that... even though we can speculate about the various ways it might have had worked out for a guy in such a situation.
legendary
Activity: 1819
Merit: 5547
Neighborhood Shenanigans Dispenser
Fed up with the $58k gang? Here’s an explanation for why Bitcoin always returns to $58,000:

The Bitcoin Resonance Hypothesis posits that $58,000 represents a quantum equilibrium state for Bitcoin's price, caused by a phenomenon known as "blockchain resonance."

This theory suggests that the cryptographic algorithms underpinning Bitcoin's blockchain have inadvertently created a harmonic oscillation pattern in the digital currency's valuation.

At precisely $58,000, the mathematical properties of Bitcoin's SHA-256 hashing algorithm align with the golden ratio (φ ≈ 1.618), creating a state of minimal energy in the crypto-economic system. This alignment causes a subtle but persistent quantum effect that always pulls

The effect is amplified by the collective behavior of miners and hodlers, whose actions unconsciously reinforce this resonance through a complex feedback loop involving mining difficulty adjustments, trading patterns, lettuce hands and BT sentiment.

While market forces can temporarily push the price away from this equilibrium, the underlying quantum resonance inevitably reasserts itself, causing Bitcoin to "boomerang" back to the $58,000 mark with almost eerie regularity.

If you found this helpful I have some beachside property in Montana to sell to you.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲

If that person managed to avoid Mt.Gox, found a way to safely store his coins, and did not lose his backup at least until the end of 2017, then he can be considered extremely rich. Investing even $50k in BTC in 2011 was really brave.

It is interesting who commented on his post.

legendary
Activity: 2520
Merit: 3038
... and he stops here
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
buddy be messing with our heads man
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
legendary
Activity: 2576
Merit: 2310
$120000 in 2024 Confirmed
The bitcoin price exactly 1 year ago 26082.72

Stop fucking Whining

You know who you are  Grin Grin

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