Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9844. (Read 26608529 times)

Where else but the WO for proper analysis?

Binance research is following this thread!

https://bitcointalksearch.org/topic/m.51760830

Do we only know afterwards, when it crashes by 85%?

Yeah I wavered a bit on how to word it. I dunno

Difficult to know what constitutes the end of a bull? Was 2013 two bull runs or one? Well if two, I'll plump for H2 2019.

Suggestion:

"What happened in r0achie's childhood?"

a) His mother threw him out.
b) Got gang banged from every hole in da hood.
c) Was mislead by a Jew.
d) Was mislead by a woman.
e) A Nazi lover gave him his education.
f) All of the above.
g) None of the above, he is just a dick.

Edit: Too late, maybe next time.

Firrrssst!

That's my style Jay!

hahahahahaaha



Good one, infofront.

You are going to double down regarding theories of consensus....     

There is some validity to diversification, but the concept is taken to an extreme with shitcoins, and there seems to be hardly any justification to diversify into shitcoins.

Another thing, the concept of diversification is to attempt to diversify into assets that are not likely to be correlated and represent some fundamental differences.  Frequently altcoins are merely following bitcoin, so they are not really a different asset class.

Finally, there is a pretty god damned low probability that any altcoin would be able to take over the slack if bitcoin were to fail, and so a justification to diversify into a world of altcoins based on a kind of bitcoin failure theory has a very faulty premise.

I am not opposed to people coming to their own conclusions regarding what kind of diversification would be good for them based on their personal situation, and I understand the temptation to completely diversify out of traditional investments; however, if an employer offers any kind of 401k, it would likely be a good idea to invest into such 401k at least up to the matching funds (if matching exists) and perhaps up to the tax deferrable limit, but that might be a question of how much money would be left to invest into bitcoin, because most young people should consider having some investment into bitcoin, even if such bitcoin investment only ends up being 1% to 10% or so of their total investments.

Lets find out. New poll time!

Old poll results:

I am not disillusioned with a specific comment that some are a mess, some too self-dealing and others are not even "real" crypto.
The downswing in alts had happened before and I am not sure if market dynamics favors just one coin.
Typically, in most other markets, there are at least a few dominant players (maybe FB and GOOG are the exceptions). We shall see.
I am certainly not selling any bitcoin for alts.

https://twitter.com/BinanceResearch/status/1148602494362226688

I'm tempted, but I am not going to ask.   

If you happen to read this thread (sarcasm intended), you would notice that consensus, to the extent that there is such a thing or that it matters, seems to be more in the early 2021 time frame.... , and surely there are questions  whether there is going to be a kind of double upwards boom like in 2013 or a kind of front running of the boom that would cause a decently-sized peak coming earlier than expected (even before the halvening) and lend some credibility to increase the likelihood of a kind of double peak that would still take place in late 2020 or up to mid 2021 when the effects of the halvening are actually felt in a more concrete way.

It sounds so maximalist. Many people really got payed back so many X10's in those markets.

I don't disagree many of the projects are disgusting. How do they live on year after year?

Sounds about right to me. I always get a chuckle on these boards when posters (present company excluded of course) recommend diversifying and their idea is to buy as many different tokens as possible.

Good thoughtful post, I don't disagree with that. I do think a lot of price predictions get baked in long before they are supposed to happen so I don't really trust them too much but I do enjoy reading them. That doesn't mean I disagree that there will be many boom/bust cycles going forward or that there may be a pattern worth teasing out. I envy those that can actually trade the short term waves with enough consistent certainty to make a better long term profit than just holding. I'm not sure I've ever actually met one of those mythical traders, they might be unicorns.

The cool thing with BTC if you are real long is you won't ever have to figure out your exit strategy. Just wait for the adoption level to get to where price is no longer very volatile, and at that point there's probably no reason to even convert to fiat. That might be a wait in geologic time though, or never. The joke remains.

The time, the energies and the intellectual honesty you preserve not indulging in shitcoins project, will abundantly repay you for any (very unlikely) potential monetary gain you could face getting in the winning altcoin. If ever one will exist.

I still hope that from over 2000 alts there will be a couple of them finally successful and we see working products which indeed will revolutionize at least something as intended.

Maybe indeed more time is needed and in some cases, new regulations and licenses across the world. Doubtful that it will take less than a decade, but for good things is worth to wait a little longer   .