Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7460. (Read 26730388 times)

*whimper*

oh wait

edit: on a more serious note..

back in the day when i started GPU mining bitcoin my (our) plan was sell 1/2 keep 1/2 to see where bitcoin went.  the selling was to cover the hardware and electric. well obviously it went way past each of our expectations. so for a bit when we wanted fiat for lifestyle upgrades more came from corn.

then it was "yikes price very very moon in progress" so stuff came from mostly fiat at that point

now when i want some fiat for whatever, i try to draw kinda a little bit sorta vaguely equally from all assets.

do they make good pets?

Was.  Peaks follow the square root trend too (it's simply time-shifted).  The math implies declining volatility.
I have posted charts in the past to illustrate the declining volatility over time.  If anybody's interested they're available by clicking on my profile.

@kurious - I know, we’ll be rich beyond our wildest dreams BUT I obviously want to plan to buy some back. We’ll never time the top or bottom perfectly but be cool to keep some fiat on an exchange & gobble a load back up cheaply

Hey mate - my usual 'historical' response.,..

Top to bottom it's usually about 80 - 85%.

So:
$150K top - $22.5K - $30K
$200K top - $30K - $40K

OTOH - who cares, if the top was that good?

Lemme see, bottom around March 2023, that's 12.5 years or 4565 days.
Maybe $50k market bottom early 2023.

That's assuming corn keeps loving the square root of time.  The yellow line, going out, looks kind of steep to me.
At some point the market's going to saturation regime, even if it's just incipient (in the coming years); sooner or later the curve will begin transitioning to what looks more like the logistic.

That $50k contains a little dose of hopium.

What would the price be as we return to the base trend, post top?

To do a regression on bitcoin's long term trend, get rid of the manic price actions (the stuff in blue). Do a regression on the red data. You get the yellow line. Its equation is price = 10^(.09242*sqrt(d)-1.5011) where d is the days elapsed since September 11, 2010



 I project a brief top between $150k and $200k around late 2021, followed by a grinding bear market reverting eventually to the base trend.

The Sovereign Individual (1999) is a guide for navigating the current transition from Industrial to Information Age.

Remarkably, it predicted the rise of 'digital gold'.

“If our deductions are correct, you stand at the threshold of the most sweeping revolution in history.”

A🧵
https://twitter.com/anilsaidso/status/1281677133685768192?s=21

This further tweet is a good read as well...

 

That's easy, it's a "pro" version of percent.  
Or, it could be russian or dutch, I dunno.

...and procent...whatever that is...

Unless you are crying out to the WO thread for help to get out of the clutches of your wife's (presumptuously) tight clutches (haven't we had enough of that kind of drama from other members, recently?), I am going to presume that such BTC liquidation authorization(s) (even though she had to beat you to a pulp) was largely consensual.    

Poor lil vapourminer.  sucks to be uie.  

First Vegeta post was over two and a half years ago.

https://bitcointalksearch.org/topic/m.25231430

Boring AF.

Not this cat.

Just think about where bitcoin was in 2015/2106... feeling pretty good, right now.


So?  We also saw bitcoin bounce back around 2.5x from the March 12 downswing.. and to largely stay in $8,500 to $10k in the past couple of months.


Bitcoin does not need mass appeal, but sure, there will continue to be gravitation of more value and people into bitcoin in the coming years, and cycles of ups and downs along the way, too.


I doubt it, but sure anything is possible.


Probably, you need to zoom out a bit, if you are looking at bitcoin in such a short time frame.

Good luck with your investment in Amazon, AWS and electronic cars, you will probably need it... but hey, a little diversification might be o.k. too.


You are coming off as a bit of a fool with the kinds of questions that you are asking.. It's as if you don't understand what the fuck is bitcoin, trying to compare it to some centralized companies, stock and also to a long term PM that has lost its status as a money (aka gold).  You sound like not only a fool, but a bit of a lost fool to come to a bitcoin thread and present such nonsense talking points while looking at such a short time frame.

From where are you getting your nonsense talking points, bitcoinbunny?






That is a very personal question, you fuck.  

Love the "newer kids on the block" lingo:

Pumpamentals....lol, although I would love to get us a couple of those, whatever this is.

in this case authorized by the hodlers wife

For some strange reason, people just don't seem to like me, so they tend to devolve into delusionalening about what day of the week it is (always believing that it is thursday) those fucks.

I wonder if I could have it printed as a "Little Golden Book" for children....

^TLDR: BTFD