Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8817. (Read 26609542 times)

Metals start breaking out upwards and right at the same time, the visible Jewish hand of the market attempts to rig silver down and imaginary, valueless timestamps up to try and distract goyim away from real money and into using a Chinese social credit score, cashless society slavery system:

Hey JJG, i had a hell of a day today, read your comments on this several times to try to grasp it all.

I liked to hear opinions on my "what if..." kind of perspective, obviously in the wrong place? Turned out to be the wrong move, no need to go far beyond that, imo.
Don't go raving too much about it. I was just putting the wrong idea in the wrong place, stupidly, but this idea is not that important to me as well that i have to defend anything about it.
I would never be so bold to knowingly interrupt this thread (any thread) and assume it was correct to do so.
So can we shut the case and have our virtual beer now together? 

Kind of the only small quality but big hater answer that could fit into a softforked block post.

 

The blog is hung on the wall , I do not like to leave things unfinished, it is almost ready, there are all the hats with their respective links to the bitcointalk and bpip profiles, this small database, is an easy way to access any Hat user whose name you do not remember, in the blog you will find them all indexed alphabetically, you can also admire the designs in their large size with all the details in sight.

https://wohats.blogspot.com/

I put my weight into logic and evidence confirming that logic that is presented to me. The more evidence, the more weight. That is how science works and it has never failed us throughout human history.

Yes, there are some quacks/degenerates/money driven "scientists" who publish bullshit papers for money, but those are weeded out very quickly and nobody takes them seriously. And nobody who spends 10-13 years of his life obtaining a PhD and 20+ years building a reputation is going to risk losing his credibility in the science community to add a few dollars to the pitiful paycheck a physicist gets.

If a scientist wants money, he changes fields. You can make a shitload with a PhD in non-science related fields. But in science fields? You would be lucky to remain on the payroll of a postdoc.

I do not know where you get the 95% and 5% thing but if you are referring to dark matter and dark energy, its the other way around. The amount we know is so tiny its laughable. But then again, how do we know how much we don't know? So that argument is BS.

I am not saying it's a fairy tale. But if you are going to make claims that go against thousands of years of heavy evidence being built one tiny bit at a time and carefully scrutinized throughout history by generations of scientists, then maybe provide some substantial proof, and not just a few articles about  "powerlines probably cause cancer because some random kid got cancer". If anything, the ones hoping to play on fears and make some money or are politically driven, are the ones getting paid to write those BS articles.

I would love to explain the math and physics but I kinda feel like a medical doctor explaining to a patient who does not want to listen that essential oils do not cure cancer. No point in wasting your time with lost cases.

Edit: here is a fun video explaining it all in a simple fashion for simple folks: https://www.youtube.com/watch?v=FfgT6zx4k3Q

It's the seal of the bowden cable of the gear selector in the engine compartment. It breaks after some time, moisture creeps in and on a cold winter morning the whole thing freezes to rigidity. You have to replace the whole cable (well done, vauxhall...). When the car was new, the very first cable held up four years, when it became stuck the first time, got replaced by an "optimized version", which broke after three years now
Two years of warranty, by the way...

Or maybe wait for an even better price... somewhat like sub $1k? Or $250?

There are gonna be a hell lot of FOMO buyers in the next jump.

I'm getting any 'dust' BTC I can now. It is not so much the price of BTC as the fact you are getting BTC before the next halving IMHO.

Thus if these 3 premises are correct, in my view anyway, how I'm approaching this. I also am in full ASIC not big miner anymore withdrawal, so it keeps me busy.

1) HODL'ing is stable and or increasing.

https://bitcoinexchangeguide.com/binance-research-indicates-hodling-bitcoin-is-the-most-effective-strategy-to-increasing-profits/

2) Adoption is stable and increasing.

https://www.cryptopolitan.com/cryptocurrency-and-bitcoin-mass-adoption-is-increasing-in-2019-data-report/

3) Bitcoin halving in 2020. As of today, it is almost exactly 1/2 year away!

https://www.bitcoinblockhalf.com/ 162 days 3hrs and 9 min and 30 seconds as of this post.

Anyway, how I'm approaching this.

Brad

Wait.  For sure.

Perhaps wait for sub $3k.

Why would you want to buy now?  There has ONLY been less than a 50% correction from the $13,880 local high.

You're putting an irrational amount of weight on peer review and science.
Lots of science today is just career academia and not science whatsoever. It's also a highly indisputable fact that you have to tickle the right balls to get funding in academia, unless you're doing basic research that can't in any way be used to drive political or corporate narratives.

Furthermore, it's also a well established fact that Physics has only access to some 95% of what they currently believe to be making up the universe.
And even the remaining 5% is quite poorly understood.

Hence, any argument asserting that "X is a fairy tale/conspiracy/whatever because there's no peer reviewed paper" is inherently unscientific, irrational, and in fact deeply dangerous to actual progress. Indeed it is no more than religious dogma in a different form.

I also give a fuck about this sort of BCT drama but.... I wanted to remark those words (in bold) for all the good advice and wisdom they show.

+1000

This is fine.

Whether you receive your income in BTC or fiat, you still have to consider how much of that BTC you are able to stock away. 

You are not going to earn shit if you are spending all your BTC, and you might end up losing a fuckton of value if you are spending it all of the time.  I am not merely referring to opportunity costs.

So yeah there are surely a large number of people who have difficulties HODLing their BTC.  I have met some of them in real life, so I know that it is a real phenomenon.

And, a similar problem exists with any investment.  You have to have enough faith in the investment to stack (stock) some of it away.. The stacked away  portion is what is going to have the potential to grow, and yeah, some people feel that they cannot stack, but the thing is that they have to figure ways to live within their means, and even very poor people can figure out ways to stack away 5% of their income, but they sometimes tend to get so damned fucking excited when the see that the value of their stacked away portion becomes equal to a year of their income or something like that, and they do not know how to manage their feelings about that and allow that money to continue to grow.. especially when they see it losing value in the shorter term.... so they start to think that it would be better to drive a BMW rather than a toyota... and then they are fucked because they live beyond their means rather than deferring their gratification, which is the ultimate profitable strategy in bitcoinlandia.  HODLers know this pain of deferred gratification.

yeah, I saw that shit and did not even look over at my 10 foot pole

Of course, I did the math, and $5,400 could happen.  I like to be prepared for extremes, but surely would be preferable if the bottom is already in.

I don't know how any of these models can apply exactly.  I mean we did get a correction down to $3,122, which took us really close to a year to play out, and then the $13,880 would have been nearly a 4.5x price spurt, even though I like to consider $4,200 as the base for that run.. which would cause it to only be a 3.5x price run.  At the same time the $3,122 bottom and the $4,200 bottom would have been 3.5 months apart, yet we are now more than a year away from the $3,122 bottom.

What I am suggesting is that it would likely be quite difficult to incorporate strict price performance models with bitcoin, and do you have a model that shows how an asset performs during exponential s-curve adoption and some of the unique aspects of bitcoin, including the fact that it both a communication medium, but of course the attached value component is one that has not been seen in history.. so of course more paradigm shifting than either the telephone or the internet - even though analogies can be attempted.



Oh gawd!!!      We should know we are in trouble when we are conceding that some kind of price move "has to happen" sooner or later.

Bitcoin no doesn't work like that, even though there are a lot of sorcerer wannabes who make these kinds of proclamations - and of course, they get way the fuck more credit than they deserve for the times that they had happened to have been correct.  Let's just ignore the buttload of times that they were wrong in order that we can attribute more credibility to their assertions than such assertions deserve... 


Get a grip, NeuroticFish!  We are still lined up quite well with the four year fractal and stock to flow and other bullish scenarios that might cause down before up to be less probable than you are making it out to be.


No need to rethink it all.  Just take it with a grain of salt and buy if the price goes down.. because ultimately it is going up.  If you start to believe that down is inevitable, then you are more likely to do the wrong thing, and sure if you get tricked out of only 10% of your BTC stash, you might be lucky, and that is exactly what the bearwhale manipulators want HODLers to do.. second guess their accumulation strategies to sell instead of buy (or at least HODL if you run out of money).


Heard that before, and usually it is not good to get some additional downward movement because it frequently just inspires more attempts at downward movement.  In other words, we have had enough down, so why not up before down, rather than down before up?  Why not?  Oh?  the reason why is because some bear wannabe sorcerers have asserted that we must have down before up?  What a bunch of baloney, even if it is possible, it is far from a "must".

Maybe at some point I am going to lose my patience about this topic?  I was attempting to give some benefit of the doubt, but the more that I think about it, it seems that the way that you are framing the whole matter is another thread rather than this thread.

There are already rules in this thread, which are pretty much wide open and criticism is allowed, so you are attempting participants in your discussion to agree to a more restrictive set of rule of politeness blah blah blah... Which seems almost that you want the powers of a moderated thread within this thread that is moderated by someone else (largely infofront in this case).




There is a need for a common goal, and you seem to be presuming that there is some kind of common goal, which has already been mentioned to you by another poster.




Expressing these concepts in a weird way... it is like you learned about a concept in school and you are trying to apply it to the real world, or at least to this thread... like a little experiment.



Even Roach, with his usually dumbass ideas, says something contributory, once in a while, but the vast majority is garbage and for that reason it is frequently better to just call him names.. but even with regular posters, sometimes it is more clear to make the point by calling them dumbass or their ideas.. sometimes we might reach the wrong conclusion about some members in terms of their genuineness, but if they get on some kind of dumb kick, then devolution of the conversation to personal attacks might create a much clear message.  

In other words, you cannot presume everyone on the interwebs is genuine in their attempts to contribute to solving problems, even if you outline the problems in your quasi-patronizing assumptive ways of your earlier posts.




Yeah, if you try to do this in your own thread, then you worry that no one will participate, that is why you are pushing this theoretical nonsense on us, no?

We can brainstorm or discuss all the fuck that we like, and if you have some ideas, then you can present them as either brainstorming or discussing or whatever you want, but when you are trying to prescribe that responders should respond within your constructed framework because it is supposedly superior mode for achieving some presumed common objective, then you either have to get their cooperation or maybe they will just tell you to fuck off, which is breaking your artificial attempts to impose such restrictive guidelines.



Yes, many of us want orange coin  to go up, but whatever are we trying to rush adoption because we have some kind of vision?  That is what the BIG blockers, bitcoin naysayers, no coiners and alt coin pumpeners strive to suggest that there is something wrong with bitcoin, and I am not going to go along with that kind of presumption...

Anyhow, there are constantly people working on all kinds of developments, and if they can build a great user interface, then there could likely be monetary and even fame incentives for them to come up with killer apps... or whatever are the needed developments.. Otherwise, on a personal level, as an investor in bitcoin, I am not complaining that the royal "we" are moving too slow and blah blah blah.. because bitcoin already has all kinds of killer use cases, and it is quite amazing the incentives that are developed for security, to make it really difficult and expensive to attack it... of course not impossible, but can there be enough incentives for governments to try to get together and coordinate attacks against it, and maybe they might try, but governments are made of individuals too, and they have wack-a-mole problemas when they are trying to figure out ways to coordinate within macro-systems that seem to be quite competitive, too... which bitcoin has been built around.. and just a matter of time, and who cares about these little gripes about average joe blah blah blah.. if average joe is smart enough, he can already use bitcoin to his advantage to move millions of dollars and no one can say anything about it (not that average joe has millions of dollars in his basement in the form of gold that needs to be converted.... hahahahaha).




People working on things, so I don't seen how it "has to be" anything that you are suggesting.  In other words, it is already convenient and safe enough to provide value.  If you or anyone wants to work on some improvements, then get to work... maybe you can make some money in the process, too... or become famous for improving bitcoin's user interface.



Everyone has their perspective, and their prioritization of what they believe is important.  I have heard a lot of this bullshit that bitcoin needs mass adoption blah blah blah.. and it is just misleading, and fuck all if some people believe that mass adoption needs to be rushed... it will come when it comes, and there should be some assurances that systems are continuing to be built that are going to allow more and more mass adoption.  Perhaps one of the frustrations for bitcoin HODLers is to see that the security of bitcoin could allow for a 100x price increase, and still be secure, but even there are issues with that, so we cannot just get 100x of growth, it is almost as if the cost of mining have to go up to some extent, otherwise if the cost is $3k to $10k to mine bitcoins, then everyone and his brother is going to be jumping into mining bitcoin if the bitcoin price is $500k or higher.... so sometimes, there are a variety of factors that will keep the price from going up faster than can be sustained.

I saw one of the charts that showed bitcoin prices at $1million by 2032, and that seems more sustainable than reaching it by 2026, but you never know in bitcoin.  We are likely to get spikes that are similar to past spikes, even though I suspect that the severity of the spikes might become less extreme as market cap goes up, even though with rising market cap, there are also much BIGGER financial players that can cause some of the same kind of extremes in BTC price volatility that we have already historically seen.


Hm?  I wonder if I am going to have a hard time hiding in a crowd?  If someone says, could you write a paragraph on this topic, and as soon as I start writing, I am identified.... Fuckmy life, my opsec has become worser and worser than those micgeese. #nohomo.

Dude, don’t sell at 9k, man. Play the long game, trust me.

I think it's time to join cryptotalk and altcoin forum for you too. 🤪

Yep. There's altogether too much talk about Bitcoin around here.

We all know it's not about Bitcoin. It's about blockchain.

Bitcoin isn't real. There's no central office, no CEO, no website. It didn't even have an ICO like real cryptos. How can you trust anything that wasn't pre-mined by a real company?

They shouldn't have called this Bitcointalk. It should be called Blockchaintalk.

 

can't speak for roach (thought he didn't own any btc anyway?) but I certainly didn't!  still have my 1.72 that I will sell at 9k (minus 0.05 btc because of the infamous bet).

So everyone has bitstamp window open?

It was only $1225.97 away! 🤪