Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6464. (Read 26720362 times)

Probably you should elaborate a bit more in order that we get some better ideas about from where you are assessing this whole matter, Saniati... and welcome to this thread.

For sure, we know that bitcoin is continuing to change and get increased adoption, so that was even true in its earlier years, so currently we might have a matter of increase, but still there remains some questions regarding whether if the increase in acceptance is merely within a range of expectations - because to take the BTC price from $250 to $20k in 2017 needed a certain level of increased adoption over when it was taken from $10 to $1,163 - mostly in 2013. 

So today, to take bitcoin from $4k-ish to supra $20k and thereby likely into the 6 digits - such as somewhere between $100k and $500k for this particular cycle, then seems that there would be some quantity of need for increased adoption because I doubt that the existing users would be able to pump BTC to nearly such extent as it ends up getting pumped by institutional investors such as Michael Saylor coming on the scene and providing pretty strong narratives/justifications as to why some of the institutional investors might consider bitcoin as a decent way to hold some of their assets, so even though guys like me have been recommending 1% to 10% into bitcoin, guys like Saylor are coming out of the gates with way higher percentages causing people like me look as if I am too conservative.. hahahahaha.. do I give a ratt's ass?  I am sticking with my recommendation, even though there are going to be some of the BIGGER players getting rich as fuck, even if it seems that they are leaning quite a bit into how high of a percentage of their investment portfolios that they are putting into BTC.

In your overall post, you make a lot of decent points, Dabs... I will just supplement some of the ideas by suggesting that if you believe that you can live off of $40k per year, then of course a wee bit more than $1million in principle would be a good place to be to generate that quantity of yearly income, so if you have a mixed bag of fiat-related and bitcoin investments, then for the bitcoin portion using the 208-week moving average would be a good way to calculate that portion of your asset values..so that you would not necessarily have to move the value that you might happen to have into fiat if you have a sufficient quantity of BTC to reach your measured goals and of course to be able to draw upon it or to rely upon its valuation as a kind of solid foundation... The 208-week moving average remains quite conservative way of evaluating the value of your coins in order NOT get fucked by likely ongoing BTC volatility.

Accordingly, the 208-week moving average is almost up to $7,800 as I type this post.. and it is continuing to move up - more than $100 per week at this point, so if you want to have $1 million evaluation on your coins, currently that would take 128 BTC ($1 million/ $7,800) and continuously the required quantity is moving downward... but my personal suggestion continues to be NOT to count your chickens before they are hatched, even though the 208-week moving average is likely to continue to go up at a decent pace - absent the BTC price dropping below it.. or even absent BTC prices dropping below $20k, which is also seeming a bit outside of our currently trend and our current likely happenings to assign to BTC's future price performance.

If they want the unrivaled security of the Bitcoin blockchain to make settlements on they could just use Counterparty.. 

I think it's a very common occurrence to start considering more exercise at that age. It seems that a majority of people out running (or even training for triathlons) are middle aged. Although I do wonder (especially with those who I used to see continually posting photos of themselves exercising, before I quit social media), whether many of those are mainy trying to show anyone who'll give them attention - "Hey, look at me, I'm still young right? Tell me it's true! Pleeease!".

I get the impression that we're of a similar age. For purely health benefits (both physical and mental) and to give yourself increased energy, I've found nothing beats a short daily habitual run in nature - it's cheap and can be done almost anywhere, unless you're in the middle of a city but there are often parks to be explored as an alternative to forested trails.

I've been running every day now for a while and feel inceasingly well as a result. I hope you're abe to find the thing that works for you.

Fuck Tone Vays.  Who cares what he thinks?  He has been wrong quite a bit.. that's for damn sure... just problematic to assign too much certainty to certain price directions.. but that's what traders do.. so I suppose he is just doing what he does.  I do appreciate his perspective on the vast majority of altcoins, calling them shitcoins.. so nothing wrong with that angle. and nothing really wrong with some of his analysis, so long as NOT too much weight is assigned to actual direction, especially since he has a tendency to overly call downity...

In regards to his politics.. seems like a big so fucking what.. he has a right to his political opinions - though seems like crazy for anyone to be following some of the outrageous conspiracy bullshit of recent times, and a lot of that stirred up by a narcissist who is trying to hold onto power so he does not get locked up.. if that is politically feasible to accomplish.. and the crook deserves it in spite of his followers who seem to be willing to follow him down any nutjob path.


You must be looking at different charts from me, rdbase, or  at least you were exaggerating what the charts show.. .

Of course, quickie corrections are going to occur, and maybe even some of the corrections might last a bit longer.. but this one does not seem to be lasting for some strange reason... whatever, let's see where we might go from here.  Seems to be floating at the top of the range, even with yesterdays quickie correction... and even if we were to get stuck at the bottom of yesterday's correction (which was about $27,700), I would still be considering that we would be kind of ranging in the top of the range.. so the fact that we are back at $33k-ish seems more bullish than it even needs to be in order to be bullish.. so go try to figure that out?

We (the royal we) prefer that you, AlcoHoDL, would NOT be cleared out at this time.... maybe 40 years or 50 years o.k. fine...

I am thinking that another 30 or 40 years for myself would surely have been a good run.. but of course, some kind of thing (such as a virus) can get in the way of such anticipated timeline at any time... and I am pretty continuously trying to figure out and to consider various kinds of activities and lifestyle practices to try to increase (or at least not deplete) my energies, which was not really any kind of major consideration prior to reaching mid to late 30s.. and seems to have become an increased consideration as time (and aging) goes on.. at least in my experiences.

Some see the trees. Others see the forest. Yet others see the lake.

And then some simply see the beauty of the whole.

Nice but it's old. Bitcoin marketcap surpassed BH one like 5 days ago:

‘Rat poison squared’ Bitcoin passes Warren Buffett’s Berkshire Hathaway by market cap.

Current BTC market cap is $602,229,921,514, about to eat Tesla.

I will take that to the mother fucking bank all year long.

My hope is exactly that.

We need more Christmas Cards 

Wonder if we hit the 20W MA before we hit page parity again? Keep posting dammit, we gotta get the support as high as possible!

This thread certainly moved too fast in the last three weeks, I don't feel I belong here anymore.
I enjoyed life recently and sometimes is nice to disconnect while bitcoin grows.
I don't know how some people here can cope with this thread!  

^ Post parity is the next goal 

I may have missed it in so many pages back, but awhile ago we were talking about page parity, and it's now exceeded that. Perhaps the page count is now a support floor? (Of course, this is all entertainment ...)

I believe, when they say "public blockchains", they mean any, including bitcoin, where anyone can run a full node, and such nodes are not "private" like internal company altcoins or something where only they can see it.

This would imply being able to use the blockchains of any of the top altcoins as well, where one can easily use a block explorer to look up details of transactions.

Most stablecoins run on top of such platforms and don't really have their own chains. DAI and USDT and USDC I believe are all on Ethereum, and some are on multiple blockchains as well.