Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9656. (Read 26608330 times)

"Shh, don't turn around. The dude with the camera just did an interview with me..."
"OK, why do you whisper?"
"I told him all the miners are harddrives. He bought it!"
"lol"

That's what she said.

Nice little dialogue with yourself Globb0.  I can relate because I feel like that sometimes, too.  

Uh oh.. I was hoping climate change was just another globalist power grab hoax, but we just had a tsunami in a water park.  

https://www.cnn.com/videos/world/2019/08/02/china-wave-pool-accidental-tsunami-orig-vstan-bdk.cnn

I think that many peeps believe that we are somewhere in 2016, perhaps early 2016...   So it seems that it could take a bit of time for this BAD boy to start ramping up...

On the other hand, we know that sometimes when the UP movement starts it can get out of control fairly rapidly, so who knows if we might end up experiencing a bit of a premature over exuberance in the upward BTC price movement either this calendar year or even before the May 2020 halvening. 

I would not rule out any of the scenarios including premature exuberance scenarios, yet even with a premature exuberance scenario, we are quite likely to continue to experience additional actual physical pressures upon our BTC supply post halvening.... Yeah, the fucktards believe that we can kind of price in the halvening before it actually happens or at around the time that it happens, but the reality of the matter is like LFC continues to explain in that the actual feeling of the restricted BTC supply is a kind of physical phenomenon that has to play out and can take a bit of time before it really begins to wear upon the BTC market... and thereby contributing to nearly inevitable upwards BTC price movement based on that actual ongoing constriction in BTC supply.

First and only exchange I will be rooting for the US government to take action against.

Sorry Im leaving, no more hard drives. Im done with our physical relationship.

Where will you go?

Im moving to the cloud

I looked at the tweet and the thread, and I don't really understand.


Is the point that Square is giving away 5,000 BTC?  If true, they must be making a killing through their cash app? 
That is a fucking lot of BTC to be giving away as a kind of promotional, and I suppose that they have calculated already, that it is going to pay off for them, as a business, to do such a large give away.

Stock boyz having a shitty time since they got their last rate cut. How much USD shitcoin printing do those welfare queens need?

Bcash base pairs lol.

Can't wait it to get hacked and gox people. Now that would be a sight.

Surely so many shit is going to happen on that exchange.

They'll start with faking their volume. Mark my words. 

Shitcoin Jesus launching a crypto exchange Sept. 2.

https://news.u.today/news/pre-registration-rewards-for-everyone-bitcoincom-launches-its-own-exchange

Leaving halving aside, this looks a lot like the 2017 season.

Therefore, you can hit the weak hands again and then begin to climb out of control in search of a new ATH in December or before.

BTCullish.

they ain't getting a satoshi out of me for less than $120K/BTC, fuckers.

Yes.. What do you know is correct.  That chart does not seem to have too good of odds of becoming true, and surely seems to be perpetuated by someone who is looking more forward to down than up.

We cannot be too certain that down is not going to happen, but the degree of down that is depicted in that chart seems to be a bit over the top, and does not really seem to align with either current BTC price dynamics or what seems to be in the cards of bitcoins short to medium term price dynamics, in the coming 3 months to 2 years.   It seems quite likely that we could top, our next up trend in less than 2 years, and your chart seems to be requiring close to 6 years to accomplish such toping...

Maybe your chart is correct, but something seems to be a bit off about the chart, in terms of current bitcoin price dynamics and future likelihoods.  

Edit:  I see from subsequent posts that I probably should not be taking the substance depicted in the chart very seriously.  Whoops...


Hairy seems to be suggesting $200k to $350k to be in the ballpark of the top, which also seems reasonable, even if it also seems a bit of a stretch, too, based on current prices and how much value is going to have to go into bitcoin in order to achieve such a pump that is largely modeled upon fractal comparisons.


It would not necessarily be prudent to attempt to time the exact top, and like you said, a bit of a difficult task in any event.

FTFY by adding a condition.  

I would not want to make the ideas too long, either, but even the no coiners and fence sitters are likely to profit from bitcoin in terms of the creation and promulgation of a system that is more fair and creates incentives to keep other actors more honest.  So, if some of those no coiners and fence sitters start to take a stake in bitcoin, too, they might not get rich right away, but they still have very decent chances to profit from bitcoin, even if they feel that they were relatively "late to the game."

now this is my kind of bear market

You going to rob a bank so you can buy some more bitcoins?  Or you are going to "over" leverage yourself because you can really see up?

As a side note, ya'll need to quit meriting our resident troll-who-must-not-be-named. The asshole has nearly 300 merits, but gives back merits to no one else.

He is not funny. He is not cool. He spews a bunch of worthless crap. He is a fkn troll. And he won't leave.

Stop meriting him pls. And for the love of the godz, don't quote him.

I might give it to you, kingcolex, that halvening does not explain everything in terms of BTC's price movement in the last cycle, but wouldn't you concede that you could have upwards BTC price pressures that are happening around the halvening, both before and after, and even the ones that are significantly after, could be a kind of catching up to restrictions on new supply.

Of course, in 2017, we had some other seeming resolutions of some contentious issues in bitcoin that largely resolved in favor of status quo bitcoin, and those kinds of resolutions either contributed to the existing upwards price momentum or gave it a boost.  Surely, the 2016 havening should not have hurt such upwards momentum.. that likely got a bit out of control, even once the upwards price had surpassed $6k-ish... but whatever, sometimes momentum and exuberance can be a part of the whole price pressures adjustment situation that goes along with price finding too, that can take years to resolve rather than merely happening around the exact time of the halvening.

I don't know.  Maybe they want the dog for the "love" rather than the smartness, even though the dog would not be able to defend for itself in nature?

We are not completely that attached to nature in some senses, anyhow, correct?  Especially when it comes to pets.

The world evolves in a variety of ways, roach, and personally, I find it much more healthy to attempt to live in a way that accepts the rest of the world for what it is and attempt to find my own place within such world as it already exists.  Surely, there is nothing wrong with asserting preferences,  but it could be a bit problematic to attempt to impose too much prescriptive value onto the variety of differing choices of others, even if some of the differences seem illogical and less productive and even contra-productive.

Sometimes we are also able to profit individually from the known dumbness of others, such as folks who might know about BTC for a long time, but fail and refuse to take a hedge investment into it because they are waiting for Armageddon. Sometimes, if we are personally investing our portfolio in a more prudent and realistic manner, then our portfolio has some kind of advantage of seeing the matter more clearly, and we can profit from the dumbness  or the late to the partiness of others.