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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7442. (Read 26731099 times)

legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
I just hope that it won't ever be necessary to add WO next to BCH & BSV
Who give a F**K to shitcoin?  

You didn't get me, but it's OK... Nobody gives a fuck about shitcoins, but we do give a fuck about WO...

All good, keep HoDLing and in a few months' time the thread will be flooded with Carolina memes, I'm sure of it.
legendary
Activity: 2688
Merit: 2470
$130000 next target Confirmed
legendary
Activity: 2184
Merit: 1540
legendary
Activity: 4284
Merit: 5215
You're never too old to think young.
Good morning Bitcoinland.

Continuing with a mind-numbing lack of price movement... currently $9180USD/$12452CAD (Bitcoinaverage).

At least it's not going down. We need some real upward movement to wake this place up. Too much boring negativity.

C'mon Bitcoin. Rise and shine.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Good afternoon WO!
A boring observation of $9,166

I just hope that it won't ever be necessary to add WO next to BCH & BSV
Who give a F**K to shitcoin? 



Are you saying that Bitcoin finally is stable. 😜
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
I just hope that it won't ever be necessary to add WO next to BCH & BSV:

legendary
Activity: 1722
Merit: 2213
30-day volatility reaches new 18-month low of 1.14%, as previously anticipated it can now briefly drop below 1% before a big move in either direction. Worth remembering that last time volatility dropped below 1% in November 2018 it lasted one day before a 50% move within a few weeks. Given the lack of return of volume & volitility in previous weeks as previously expected, price is now ready to make a big move in the coming days imo, as opposed to the coming weeks. Don't get caught with your pants down:



Unsurprisingly price action supports this theory of an impending increase of volatility as btc sits at the end of conflicting bullish & bearish patterns:



Currently remaining neutral until confirmation, while having a slightly bearish bias.


legendary
Activity: 3388
Merit: 3514
born once atheist

Well that was unexpected and generous.
Thank you kindly, Bob. I will endeavor to pay forward to worthy posts.
Cheers and good luck.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
This may likely be the last text post I make on this site.

Going to make an attempt to just post relevant market information without any comment. No more meming. Increased my ignore list, as an unfortunate side effect of everything that has gone on, after much self-reflection. Really have no desire to interact with people here any more, but recognize the thread has its place of importance in the Bitcoin sphere, with regards to staying on top of news.

Hope I'm able, at the very least, to share what I see happening on Twitter.

Good or Bad. Draw your own conclusions sorta thing.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino

...



Expect a price move then surely.....

@MrSurfvivor
Gonna blow 🌋 #Bitcoin 

legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
@cryptosommelier
It looks like bitcoin is right on schedule




Better image -

legendary
Activity: 3010
Merit: 8114
mind blowing considering the current already beyond imagination hashes per second.

True... other than bitcoin, the only time those types of numbers ever come into play are calculating the number of atoms in things or the distances between stars.
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
Bob - thanks for your posts and know you will be missed. I'm playing a long game and will be hanging around a bit more.


I hope you understand a piece of rusty pipe is now dangerously close to your anus?  Grin Grin Grin
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
https://btc.com/stats/diff

Halfway into the two weeks difficulty period. Next difficulty adjustment expected to be +6% and ATH. The Bitcoin network is in top notch conduction, bullish!


Next difficulty adjustment in 24 blocks. Expected +9.5% to 17.29T, which is an All Time High (previous ATH was 16.55T around the halving).

Bitcoin boring or bearish? Far from!


Halfway into the next two week difficulty period and another +6.37% estimated towards a new ATH of 18.45T.

Fundamentals solid, miners extremely bullish. This is per two weeks (!), mind blowing considering the current already beyond imagination hashes per second.

Look beyond the current price and you need to wear Cool.
sr. member
Activity: 406
Merit: 361
Bitcoin trading in such a tight range for so long must be a real PIA for the traders.

I see many posts predicting a dramatic breakout to the upside and I blame the S2F model for the groupthink. Bitcoin always seems to find a way to surprise everyone and cause maximum carnage. Things do look bullish, maybe the time isn't right? Who knows.

Anyhow, I've been reading this thread for almost 7 years. 7 years! People come and go. We have had (and still have) our fair share of trolls, spammers, shit coiners, and arseholes. I really wish they'd all just f-off, but instead, I block them until they drop-off. Joffe and roach come to mind....

Every now and then we get a few newbies who are intelligent, thoughtful, and articulate - they're the people that keep it interesting in here. It's sad when they leave but life goes on.

Bob - thanks for your posts and know you will be missed. I'm playing a long game and will be hanging around a bit more.


legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"


Since bitcoin has probably not reached its logistic inflection point yet, the results of a logistic regression are bound to be a crapshoot.
$10 million is about as good a guess as any other.
Here's a link to the equation that the regression calculator returned for my data
https://cdn.mathpix.com/snip/images/xJ-Ks3hpZ0PB2dqkwFNkk9bHFi45RXJpZund7Ase0ds.rendered.fullsize.png
You can manipulate the parameters to get the curve you want.
The calculator I used: https://www.aatbio.com/tools/four-parameter-logistic-4pl-curve-regression-online-calculator

You need to look at the logistic curve on a linear chart to see the familiar symmetrical "sigmoid" shape with the inflection point at center.
The curve's appearance is deceptive on a log chart.  That log chart makes it look like the inflection point happened several years ago.
The inflection point of the logistic curve I posted is actually in April 2029.



+1 WOsMerit

Glad you like my pictures.
Illustrative chart of the logistic, don't take at face value numerically.  Shows how the linear chart typically squashes data in the lower orders of magnitude.  You can barely see the price data in red.  And you can see how unreliable an extrapolation that extends orders of magnitude beyond the data.



This curve-fitting exercise comparing the logistic and polynomial models does have some value if you don't take it too far, or too literally.  At least, it directs one's attention at the long term.
I didn't curve-fit the stock to flow model, which paints an unrealistic picture in the long run.  And I don't bother with models that put time on a log scale, which is nonsensical.

Of course, time is logarithmic, but it doesn't start on January 3, 2009.  It started 14 billion years ago, which means that for all practical purposes time is linear in our lives and for millions of years before and after.
http://www.turbulence-online.com/Publications/log_time_cosmology_final_printed.pdf

Even though you are asserting a 14 billion year timeline, any kind of specific new invention that has paradigm shifting attributes is going to see a curve that is a lot more tightly packed, including the fact that some inventions might have births and deaths that are on very short time horizons, and for the sake of us mere mortal humans, we can live, and prosper, before we die by picking the right horses during our short time here.

We are going to lose some of the picture, even when we talk about time periods that are longer than 20 years, even if we might make some investment decisions for longer time periods, we can also change our investment allotments during shorter time horizons, even make substantial changes every few years, even if we might have some assets that kind of end up being killer all life performers that we might not have expected to be so in the beginning of our investment lives, whether we start investing when we are teenagers or in our twenties or thirties, but even with that if we did not have parents to really guide us with those kinds of choices, we might be stuck with some of our investment choices, too in terms of longer (lifelong) implications that we did not realize when we started down the road of investing our time and/or money in such direction.
sr. member
Activity: 304
Merit: 380


Since bitcoin has probably not reached its logistic inflection point yet, the results of a logistic regression are bound to be a crapshoot.
$10 million is about as good a guess as any other.
Here's a link to the equation that the regression calculator returned for my data
https://cdn.mathpix.com/snip/images/xJ-Ks3hpZ0PB2dqkwFNkk9bHFi45RXJpZund7Ase0ds.rendered.fullsize.png
You can manipulate the parameters to get the curve you want.
The calculator I used: https://www.aatbio.com/tools/four-parameter-logistic-4pl-curve-regression-online-calculator

You need to look at the logistic curve on a linear chart to see the familiar symmetrical "sigmoid" shape with the inflection point at center.
The curve's appearance is deceptive on a log chart.  That log chart makes it look like the inflection point happened several years ago.
The inflection point of the logistic curve I posted is actually in April 2029.



+1 WOsMerit

Glad you like my pictures.
Illustrative chart of the logistic, don't take at face value numerically.  Shows how the linear chart typically squashes data in the lower orders of magnitude.  You can barely see the price data in red.  And you can see how unreliable an extrapolation that extends orders of magnitude beyond the data.



This curve-fitting exercise comparing the logistic and polynomial models does have some value if you don't take it too far, or too literally.  At least, it directs one's attention at the long term.
I didn't curve-fit the stock to flow model, which paints an unrealistic picture in the long run.  And I don't bother with models that put time on a log scale, which is nonsensical.

Of course, time is logarithmic, but it doesn't start on January 3, 2009.  It started 14 billion years ago, which means that for all practical purposes time is linear in our lives and for millions of years before and after.
http://www.turbulence-online.com/Publications/log_time_cosmology_final_printed.pdf
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
[...]

[...]

Just be positive, and that positivity will come back to you 100% guaranteed. Sounds so cliché, I know, but it's true and it works -- whenever you have a bad argument with someone, or break up a friendship, just ask yourself if you ever were even a tiny bit unfair or did something wrong. If the answer is Yes and/or you've had a rough sleep the night after the incident, just call that person the next morning, meet up and hug him/her. If he/she doesn't want to do it, fair enough, you move on with your life. But that second chance after things have cooled off is essential. Speaking from experience.

And, sometimes you have given that person enough chances, and when they continue to be in a "bridge burning" mood, you have to let that other person go, at some point.  No more chances.   Cry Cry Cry

[...]

Absolutely correct!
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