Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7663. (Read 26720471 times)

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
This time I was 100% sure about the drop if we reach 9900s. I even asked how to claim my forks so I can sell all I have. But not had the balls... Now we going down to hell... Could have been the chance to double the coins. But now it's too Late, dont have the balls to sell now too, even though I am sure we go sub 8k or more Grin

Even though you might be "sure" about something, that hardly means very much in terms of what honey badger is going to actually do.

As I said, I am sure. For me. Does not mean it really will happen. But I watch all these pumps and dumps for 6+ years now and you start to get a feel for it. I tried trading once in 2016, lost 0.4 coins and never did again. But this time I was really sure that it will drop from 9900s. We see this pattern for weeks.

Fair enough.

One of the tricks would be to stay consistent with the passage of time with what you "see", so surely if you can continue to see and don't get totally reckt at some point, then you might be onto something with your visions based upon experiential feelings.   Good luck with that.   Wink  You will likely need it.

Yeah based on my gut. Thats why I dont had the balls. I never had good luck with "quick cash" things. Thats why I am in hold mode for 6+ years. And will continue. But if we ever reach 50k, I cash out maybe 20-50% of the holdings and start enjoying life a bit  Cool

Yeah, but what if we never reach $50k?  You are not going to be able to figure out a way to enjoy life with less than 5x performance from here?

Also, if you have been HODL-mode for 6+ years, then you have a similar start time as me, and surely you have had opportunities to accumulate BTC.

I understand that any of us can make mistakes in BTC and maybe NOT accumulated enough, but even if we had DCA'd at $25 per week for 5 years, we would have around 10BTC,

We can see that in the dollar cost averaging (DCA) charts.

And sure some people maybe have accumulated more BTC than the 10 BTC or so and some may have accumulated less, but if we do not believe that we have enough BTC based on what we had done in the past, then we just continue with DCA - whether BTC reaches $50k or it falls short of that price, we should be able to figure out some kind of plan to profit from BTC without having to rely on visions of down and perhaps engage in silly acts that might end up in either not buying BTC on a regular basis or maybe even selling BTC and hoping to buy lower, which would also seem to be risky rather than just continuing to DCA and perhaps buy on price dips from time to time.

By the way, a large number of investors have to spend 30 or more years to build up a decently sized amount of principle, so I am not sure how long you had been investing prior to bitcoin, but even 6 years of investing would be a very short time period to be expecting to just retire or whatever you are thinking, so I don't really see any problem if an investment plan might take longer, even if you have decent amounts of your investment allocations in bitcoin.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
What is your tip for knowing when the market has achieved a superexponential blow off top?

last bull run it was this special moment: you check the price when you leave home to get to your job head for the bathroom. you check it again when arriving at work leaving the bathroom. you made more money commuting to work that day taking a dump than you usually make in 12 months of regular work.

FTFY

That's pure fiction, vapourminer.  Have you ever heard of any BTC HODLer, in real life, who would actually take a dump without checking the BTC price?

Get real!!!!    Angry Angry Angry



you have a lot of faith in my ability to do two things at once. i tried that. the result was sub optimal and my new phone is waterproof.

but really, until phones can go through autoclaves i can wait it out.

Totally, fair enough.

I will pray for you (even though I am not religious)

hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
I am not showing you my tip.
What did the leper say to the prostitute?
"Keep the tip."

Happy day yesterday, brothels are back in business. Grin
Gyms, shitting you not - now that's social distancing.



Total lack of tourists, combined with an on going heat wave, gives you beaches that are so 70's right now.
My tip loves the sun, so you boyz behave, and I'll catch up on Monday.

My sweet Corona,
the world feels alive again,
sun rays to the hilt.
#haiku
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
.....

 Back to the garden for me, spring like BTC, waits for no-one.

You and me both bro!
White Widow this year, legal and all.
My neighbor caught the gardening bug too.
Nothing like a little friendly competition to grow the best!
Added bonus...it makes for great chit chat over the fence on a
sunny summer day. (six feet apart of course)

Gelato. Cool
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
how many "last posts" is this guy going to have?

Its like a Mötley Crüe "Final Farewell’ Tour.
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist

Quote from: AnonyMint

By March 2021 should be $80k – 100k. And by June 2021 $150k – $175k. Those price levels and timing seems virtually assured whether there’s a SegWit donations attack or not driving it after November 2020.

9. Based on the above linked LONG-TERM topological macro analysis there should be a significant correction after June 2021 for about 6 months and then rising into Spring/Summer 2022 which will rocket launch a 2 month phase transition high above $1 million


I like it.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
how many "last posts" is this guy going to have?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
Please stop.
This thread is about BTC's exponential growth, not hypothetical COV deaths.


Many have tried to keep WO on topic.  All have failed.

Hey I'm Mr. Off Topic, but watching you fear mongering is upsetting, sorry.


A gentle reminder of the purpose of this thread for the strays.  Please stay on topic.  

That's better, which reminds me of the other observer.
You haven't posted anything there for a while.
legendary
Activity: 1834
Merit: 4197
the evening wall report

Good evening all


Another high volatility day as bitcoin posts a high of $9.8k and a low of $9.1k, closing the day at $9,306.21 on strong volumes. Looking good out there imho. Carry on.

1h



4h



medium fibs from last years peak zeroing out
D



all time downtrend line and approaching new era   #dyor
D

#stronghands
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
sr. member
Activity: 541
Merit: 362
Rules not Rulers
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
What do you call a drummer who just broke up with his girlfriend?

  homeless


What do you call a guy who hangs out with musicians?

A drummer.
_____

How do you know when there's a lead singer at your door?

She can't find her key and doesn't know when to come in.
_____

How do you know if there's a harmonica player at your door?

The doorbell feeds back.
_____

What's the difference between a violin and a viola?

A viola burns longer.
_____

What's the difference between an oboe and a flute?

An oboe is an English bum and a flute is a gay Chinaman.
_____

Oops almost forgot:

How many country and western bass players does it take to change a light bulb?

1, 5, 1, 5...

legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
newbie
Activity: 6
Merit: 0
I Zoidsoft received this in email from AnonyMint and he gave me permission to share it here...he says it would be his final contribution this forum...

Quote from: AnonyMint
The only way to survive going forward (because most employment and business will be destroyed) is to take the liquidity the Fed is injecting into the markets. That’s the only pipeline the Fed has for distributing liquidity to the populace because of the political gridlock in WA D.C. will not enact stimulus packages sufficient and rapidly enough. (And the technocrats and elitists have control over public policy so no way to fully reopen the economy quickly or ever) So the markets are going to move in the direction which is opposite of dismal expectations defying all the pundits, Warren Buffett and even Armstrong’s human-fallible misinterpretations of his own Socrates’ A.I. system’s Forecast Arrays. A capitulation for the markets will come in summer but the low for the markets was March. What is going to really piss off Americans is that investors are profiting while the misfortune of most people is sinking into a Greatest Depression. A new ATH or nearly so in the Nasdaq and DJIA for Wall Street while unemployment surges to 20+% will be the ultimate slap in the face for blue collar Main Street — which will help drive the politics of the nation more socialist and pit the “99% against the 1%” per the advocacy of elitist minion Thomas Piketty.

Armstrong's A.I. Forecast Array for a Panic Cycle next week of May 18 will not crash the DJIA to lower lows. The monthly Forecast Array has DJIA’s correction bottoming in June which also should not be a lower low than close of March and moving higher by August and then rocket launching to the upside with a Panic Cycle in November presumably due to the reelection of Trump. Or perhaps November will be a peak and then a Panic Cycle crash with a constitutional crisis (election fraud, etc) and given the low for U.S. GDP expected in Q4 2020.

Okay my macro and micro fractal pattern correspondences hypothesis is working perfectly so far. And Armstrong’s Forecast Arrays are correlated precisely providing what appears will be a prescient forecast. So Traxo please stop your slanderous, non-falsified (i.e. unscientific, confirmation bias cherry picking) vendetta against Armstrong. Read my blog Trillionaire Fund Manager Martin Armstrong Was Framed By Our Corrupt Government. Armstrong’s A.I. Socrates system is providing value to astute paid subscribers who have the ability to properly interpret the tools Armstrong provides.

Forecast #1 – 4 from congruence between my March 2020 micro fractal pattern correspondence and Armstrong’s (i.e. his A.I. Socrates’) weekly Forecast Arrays:

1. Within next 6 — 12 hours will be the bottom of this mini-correction if it’s not already at the low $9.25k now. Maximum downside for now is ~$9k or maybe the 50 WMA at ~$8.8k.

2. By Sunday or Monday, will back up to ~$10+k. Then another mini-correction in the mid-to-low $9000s by roughly May 19/20 or middle of week of May 18 on Armstrong’s Forecast Arrays.

3. Will head for a higher high by roughly Sunday May 24, perhaps $11+k. Then another mini-correction perhaps not even lower than $10.5k during the week of May 25 but rising into the end of the week.

4. Early in the week of June 1 will be a spike upward to a new high perhaps $12+k or even $13.2k. Then a dip and a slightly higher high into the end of the week such as perhaps ~$14k.

5. The Aggregate high on the weekly Forecast Arrays is week of June 15. Actually this matches the macro fractal pattern from Dec 2019/Jan 2019 which appears to repeating now. So the actually high may come in the week of June 15 after dip from the high in week June 1. That second high could be a spike to even $16k.

Forecast #6 – 8 from a congruence between my Spring 2019 macro fractal pattern correspondence hypothesis and also Armstrong’s monthly Forecast Arrays:

6. The low should be in early-to-mid August. I’m thinking back down to retest the top of the long-term overhead resistance line (from the 2017 ATH) which is about to be crossed to the upside. So downside should be to ~$10k.

7. Going into September will be rise back up to the high achieved in June. Could possibly exceed June’s high and approach the $20k ATH in September and if not then probably by November. There will be a slightly correction into end of September and then grinding higher perhaps even higher than the September high by November.

8. Then a not so significant correction and choppiness until a moonshot starts in February 2021. Armstrong’s monthly has a Panic Cycle and the macro fractal correspondence has that vertical liftoff in May 2019. Price target seems very well defined by both my macro fractal correspondence and the even the LONG-TERM topological macro analysis I did recently:

https://www.tradingview.com/chart/BLX/IWtRX5v7-The-Bitcoin-Phoenix-is-rising/

By March 2021 should be $80k – 100k. And by June 2021 $150k – $175k. Those price levels and timing seems virtually assured whether there’s a SegWit donations attack or not driving it after November 2020.

9. Based on the above linked LONG-TERM topological macro analysis there should be a significant correction after June 2021 for about 6 months and then rising into Spring/Summer 2022 which will rocket launch a 2 month phase transition high above $1 million. Also Armstrong’s Yearly DJIA Forecast Arrays have an Aggregate high in 2022 — this will be the Fed frantically dumping liquidity in their asset purchase program and the strong dollar vortex sucking in international capital flows as the EU falls over the cliff.

Armstrong pointed out in today’s private blog that 30% of mortgages are on the verge of failing. Commercial real estate is in as death spiral.

Another 3 million unemployment claims this week from the Labor department. What “useful idiot” Americans don’t realize yet is that once you prick the balloon of a 80+ year debt and bond bubble and a Minsky Moment cascading dominoes deleveraging starts, then nothing can stop it. The job losses will continue through the summer as business have to declare bankruptcy. That would be the case EVEN IF reopenings WERE NOT these “25% of floorspace capacity to maintain social distancing” limitations which prevent any attempt to robustly resume the economy. So I can’t even fathom how bad the economic depression is going to be. We appear to be headed for Great Depression level of unemployment by summer and then next winter when the Bill Gates’ and Soros’ hoax plaNdemic is ramped up again in another hysteria of even more epic proportions and totalitarianism, this might make the Great Depression look like a happy walk in the park.

All because sheepeople are more interested in (even idolize) an anti-Christ level of surety (i.e. man’s ability to completely control nature and eliminate all natural outcomes that make humans uneasy) and being lead to the slaughter like cows, than they are willing to FIGHT/SUFFER (a little bit) for liberty and truth. The amount of losses fighting for truth and liberty would be nothing compared to the billions megadeath coming otherwise. It will be a decade(s) long grind of totalitarianism before they have succeeded in reducing the human population to 500 million as per our ruling elite’s stated goal on the Georgia Guidestones and the apocalyptic murals in the Denver airport.

Armstrong pointed out days ago in a private blog that interest rates will begin to rise because inflation is rising due to supply-chain (i.e. production) disruption and tax hikes. Those supply disruptions are already permanent destruction. The businesses that fail aren’t going to be restarted. And the conspirators will not stop. They will enact inane carbon control laws to make for example carbon-based fuels, meat, dairy, and eggs scarce and expensive.

In short per the term I coined more than 2 years ago for collectivized suicide: societalcide

[…]

I believe that a huge minority of the population wants to fight back. They just need the organizational and informational tools to do so. The conspirators are trying to prevent them from being able to network and organize. Armstrong correctly points out in his private blog that the Internet and mass media is bombarded with disinformation overload to counteract any attempt by the truth tellers to get the word out to general populace […] We need a better decentralized system for sharing, publishing and vetting information.
legendary
Activity: 1834
Merit: 4197
It is very positive that some celebrities are interested in Bitcoin, it may produce market attraction in many.

Harry Potter Author J.K. Rowling Asks: Please Explain Bitcoin To Me



Source: https://www.newsbtc.com/2020/05/15/harry-potter-author-j-k-rowling-asks-please-explain-bitcoin-to-me/


https://twitter.com/jk_rowling/status/1261396891784413185

"People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?) blah blah blah computers (got one of those) blah blah blah crypto (sounds creepy) blah blah blah understand the risk (I don’t, though.)"

Unbelievably short sighted person

I understood it within 30 seconds. I have accepted that it wil take a generation for the rest to get it


Maybe

4h



yearly
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
STT
legendary
Activity: 4102
Merit: 1454
Billions can pay for a team to manage assets in a portfolio, the dynamics to the masses who don't want another hole in their pocket to lose their days earnings through is entirely different.   She was poor at one point, she found it cheaper to go out and sit in a shop or library to type then heat a home I think I read so pretty poor.   But she always had the hope of investing in herself and writing stories as a means of value creation, so she owns and controls the means of production of that paper.   Ask her what if that paper was printed by someone else and they made so many the value of her books went down despite all her hard work deserving a higher value, what if that paper was the Dollar notes normal workers are paid in and try to save.


Quote
Possibly a weather forecast for the next decade
https://youtu.be/FZyWMU9CSc8?t=952


BTC slips below 2 day average but remains above a rough week average at 9200 and so remains positive.   Closing the price in this area for the week would give some possibility of a lower high forming though we've gained this week so seems a possibly overly harsh take.
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