Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[LFC_Bitcoin]

Those pesky NOCOINERS always returning to try & piss on our parade. Sad for Raja but let this be a warning to all of you. Never sell all of your bitcoin, the regret will consume you as we power to ATH after ATH.

Yeah, I'm truly regretting selling my BTC at way over current prices, I agree.

RIP fallen soldier

I think I should let y'all know my current position in BTC: 0.

I got completely out at ~$50k and will load back whenever the 200 Week Moving Average trend line is touched (currently at ~$12.5k but going up rapidly). This could take a year or more; I'm fine with it.

[Raja_MBZ]

Those pesky NOCOINERS always returning to try & piss on our parade. Sad for Raja but let this be a warning to all of you. Never sell all of your bitcoin, the regret will consume you as we power to ATH after ATH.

Yeah, I'm truly regretting selling my BTC at way over current prices, I agree.

RIP fallen soldier

I think I should let y'all know my current position in BTC: 0.

I got completely out at ~$50k and will load back whenever the 200 Week Moving Average trend line is touched (currently at ~$12.5k but going up rapidly). This could take a year or more; I'm fine with it.

Yeah, BTC is way over $50k right now, I agree.

[LFC_Bitcoin]

Those pesky NOCOINERS always returning to try & piss on our parade. Sad for Raja but let this be a warning to all of you. Never sell all of your bitcoin, the regret will consume you as we power to ATH after ATH.

Yeah, I'm truly regretting selling my BTC at way over current prices, I agree.

RIP fallen soldier

I think I should let y'all know my current position in BTC: 0.

I got completely out at ~$50k and will load back whenever the 200 Week Moving Average trend line is touched (currently at ~$12.5k but going up rapidly). This could take a year or more; I'm fine with it.

Yeah, BTC is way over $50k right now, I agree.

Just a matter of time ol’ friend.

[Raja_MBZ]

Those pesky NOCOINERS always returning to try & piss on our parade. Sad for Raja but let this be a warning to all of you. Never sell all of your bitcoin, the regret will consume you as we power to ATH after ATH.

Yeah, I'm truly regretting selling my BTC at way over current prices, I agree.

RIP fallen soldier

I think I should let y'all know my current position in BTC: 0.

I got completely out at ~$50k and will load back whenever the 200 Week Moving Average trend line is touched (currently at ~$12.5k but going up rapidly). This could take a year or more; I'm fine with it.

Yeah, BTC is way over $50k right now, I agree.

Just a matter of time ol’ friend.

Time will tell who was right and who was wrong.

Anyways, at least we made this thread a bit active for a little while. Not sure when/how it became so inactive.

[LFC_Bitcoin]

Price is really stagnant, WO is much quieter, you’re right dude. No hard feelings, wish you hadn’t sold everything. Maybe buy back even a little for your kids or future kids.

[sirazimuth]

.... Not sure when/how it became so inactive.

Really?
Not sure what your definition of active is, but this thread has been active daily, on an almost hourly basis, for past several years.

[marcus_of_augustus]

... shoulda got bitcoin

https://www.reuters.com/world/asia-pacific/russia-says-afghan-president-fled-with-cars-helicopter-full-cash-ria-2021-08-16/

Russia's embassy in Kabul said on Monday that Afghan President Ashraf Ghani had fled the country with four cars and a helicopter full of cash and had to leave some money behind as it would not all fit in, the RIA news agency reported.

"Four cars were full of money, they tried to stuff another part of the money into a helicopter, but not all of it fit. And some of the money was left lying on the tarmac,"

... some reports say it was $169 million in cash, using US$100 notes does that work out? 4 cars and a helicopter full I wonder?

... central bankers on the run (probably with millions) too
https://www.zerohedge.com/markets/panic-afghani-crashes-after-central-bank-chief-flees-says-no-more-dollars-left

... all those erstwhile stand-up partners that the US build Empire with

[Raja_MBZ]

.... Not sure when/how it became so inactive.

Really?
Not sure what your definition of active is, but this thread has been active daily, on an almost hourly basis, for past several years.

As far as I remember, there used to be about 5-7 new pages created on a daily basis in early 2020. I don't think there are that many created anymore.

[JayJuanGee]

Maybe I should give up?  and stop trying to 'splain my lil selfie and just causing confusion amongst the peeps?  Maybe that is one of PlanB's problems, too?  Me and PlanB share something in common.  too wordy.. PlanB the wordyman.

I sometimes find it hard to understand what you are saying but I do not think you should stop or change your habits based on me not understanding. I enjoy reading your posts as do many other people here in this thread I am sure. I sometimes find myself reading your posts multiple times to try and understand because you talk about a lot of things at once. That is not your problem but mine for not understanding. I hope I did not cause you to doubt or change your habits because you are one of the reasons WO is great

Yes.

No, many people have him on ignore.

No, if the sender of a message is so unclear in his message that people don't understand him, that's not the recipient of the messages fault.

Thanks for clarifying those three points, Arriemoller..

I was in need of a bit of humor.

 

Anyways, at least we made this thread a bit active for a little while. Not sure when/how it became so inactive.

The thread is not inactive, except in your little fantasylandia desire to wish it were that way..   There have been nearly 12k posts since mid-May.. not quite 4k per month, but who cares? 

There are plenty of active posters here, and largely we also witness the desperate dweeb nocoiners like ur lil selfie coming in and trying to pump some nonsense bullshit about what you supposedly did..  and if you believe that the BTC price is going down to the 200-week moving average in a bull market, then you are a pretty dumb fuck.. including your quite likely premature call of BTC supposedly being in a bear market based on so far BTC price performance and timeline that hardly makes any sense...

Anyhow, you had a 56% price correction, and you could not even look a gift horse in the mouth and buy back.. dumb fuck.. you had your chance.. and you chose to ignore it.. again presuming that you are even telling the truth about selling at $50k right before the price dropped.. yeah right... and then you have been switching your story around quite a bit too.. oh gee whiz.. how convenient.. when the facts are soon likely to show you for the loser that you are, unless you either fess up or buy back or both... .you disingenuine troll fucktwat. 

[fillippone]

@WClementeIII
Exchanges down 111,033 BTC in the last 30 days. One of the sharpest drops of exchange inventories in Bitcoin's history.

https://twitter.com/wclementeiii/status/1428039375343046664?s=21

Very intresting graph, and also very intereting acount I insta- folllowed.

The above chart nicely pairs with the other one he had just retweeted:


https://twitter.com/CanteringClark/status/1428031511111114752?s=20

Exchange supply draining and leverage being low or anyway flat is boding well for a healthy second leg.

[Biodom]

@Raja espouses the same views as the hex scammer, not going to mention the name (similarity of opinion is probably just a coincidence).
That view is that the cycle peak was 64K (very little and premature peak, I know), then the bottom would be at 200Wk MA.
Woonomic is of the opinion that the peak will be in 2022 and that btc is currently in the process of shaking off 4-year cycles.
Whether this would happen or not, I don't know. Maybe 50:50.

[ChartBuddy]

Explanation

[El duderino_]

Some do drink the mindrust cool-aid some don’t

I just have my side to be on…..

Not much more to say only to suggest picking the right side (the one where you have BTC in possession)

[marcus_of_augustus]

Those pesky NOCOINERS always returning to try & piss on our parade. Sad for Raja but let this be a warning to all of you. Never sell all of your bitcoin, the regret will consume you as we power to ATH after ATH.

Yeah, I'm truly regretting selling my BTC at way over current prices, I agree.

RIP fallen soldier

I think I should let y'all know my current position in BTC: 0.

I got completely out at ~$50k and will load back whenever the 200 Week Moving Average trend line is touched (currently at ~$12.5k but going up rapidly). This could take a year or more; I'm fine with it.

Yeah, BTC is way over $50k right now, I agree.

Just a matter of time ol’ friend.

Time will tell who was right and who was wrong.

Anyways, at least we made this thread a bit active for a little while. Not sure when/how it became so inactive.

... oh gawd, just what we need another sold out bitcoin bull, those are the worst, roach, mindrust, etc ... it becomes like a psychological disorder, tying themselves into mental pretzels as the bitcoin freedom train runs away from them

... just admit it, you're fiat bull! ... and worse than that you have tasted the freedom of bitcoin and gone back to the debt-slavery chains of your fiat masters, how depraved is that?

[UnknownHolder]

Sure, you can plan out in more narrow expectations, that is your choice.

I am not sure about whether I had considered all scenarios in 2017, but in 2016/2017 I had been conjecturing that we were going to top out in the $3k to $5k range scenario.. and perhaps shoot beyond (just hoping for the best) but of course, you know that we ended up going to $20k. but at the same time, I had revised my sell on the way up plan in order that I was selling way more on the way up because I had decided that I did not want to sell a lot of BTC.. even though the BTC price shot up quite a bit beyond my expectations.

So even my memory is failing me, and maybe I have to look back at some of my posts from that time, because by the time that the $20k top came, I did not consider that the top was yet in.. so who knows the extent that any of that matters, if at all?

Of course, this time around we could consider varying ranges and more bullish and less bullish scenarios.

The various tops would have varying likelihoods of playing out such as my SOMA calculations:

[00.50]above $1.5 million  - unthinkable of most bullish of scenarios  -   about .5% odds

[03.00]$800k to $1.5 million  - most bullish of scenarios  -   about 2.5% odds

[07.25]$600k to $800k  - 2nd most bullish of scenarios  -   about 4.25% odds

[15.00]$300k to $600k  - Moderately highly bullish  -   about 7.25% odds

[27.50]$100k to $300k  - normal range bullish  -   about 12.5% odds

[40.50]$65k to $100k  - hardly bullish - but at least a new ATH as our top  -   about 13% odds

[55.00]$55k to $65k  - deadman's zone.. not likely to be a top  -   about 14.5% odds

[73.00]$current price to $55k  - relatively bearish  -   about 18% odds

-UP-----------
=== 73+28=101%
-DOWN-------
[28.00]down from here - most bearish - but possible  -   about 28% odds

I am not sure if I should have all of those odds add up to 100%, but just for comprehensiveness sake, I tallied them up in such a way.

73% UP
28% DOWN

[Raja_MBZ]

... just admit it, you're fiat bull! ... and worse than that you have tasted the freedom of bitcoin and gone back to the debt-slavery chains of your fiat masters, how depraved is that?

Yes, I'm a USD bull, probably till the end-2022 or so. I believe we're in a total bubble right now (real estate, stocks, etc.), and Fed is going to be forced to pop this bubble soon.

Some do drink the mindrust cool-aid some don’t

I just have my side to be on…..

Not much more to say only to suggest picking the right side (the one where you have BTC in possession)

I don't know mate. Mindrust sold at an awful price and in panic, while I sold at my target (and it was $1 trillion+ market cap for BTC).

[Biodom]

Sure, you can plan out in more narrow expectations, that is your choice.

I am not sure about whether I had considered all scenarios in 2017, but in 2016/2017 I had been conjecturing that we were going to top out in the $3k to $5k range scenario.. and perhaps shoot beyond (just hoping for the best) but of course, you know that we ended up going to $20k. but at the same time, I had revised my sell on the way up plan in order that I was selling way more on the way up because I had decided that I did not want to sell a lot of BTC.. even though the BTC price shot up quite a bit beyond my expectations.

So even my memory is failing me, and maybe I have to look back at some of my posts from that time, because by the time that the $20k top came, I did not consider that the top was yet in.. so who knows the extent that any of that matters, if at all?

Of course, this time around we could consider varying ranges and more bullish and less bullish scenarios.

The various tops would have varying likelihoods of playing out such as my SOMA calculations:

[00.50]above $1.5 million  - unthinkable of most bullish of scenarios  -   about .5% odds

[03.00]$800k to $1.5 million  - most bullish of scenarios  -   about 2.5% odds

[07.25]$600k to $800k  - 2nd most bullish of scenarios  -   about 4.25% odds

[15.00]$300k to $600k  - Moderately highly bullish  -   about 7.25% odds

[27.50]$100k to $300k  - normal range bullish  -   about 12.5% odds

[40.50]$65k to $100k  - hardly bullish - but at least a new ATH as our top  -   about 13% odds

[55.00]$55k to $65k  - deadman's zone.. not likely to be a top  -   about 14.5% odds

[73.00]$current price to $55k  - relatively bearish  -   about 18% odds

-UP-----------
=== 73+28=101%
-DOWN-------
[28.00]down from here - most bearish - but possible  -   about 28% odds

I am not sure if I should have all of those odds add up to 100%, but just for comprehensiveness sake, I tallied them up in such a way.

73% UP
28% DOWN

That (above) is just an opinion, which are 'a dime a dozen' worth.
This is not a calculation of any sort, but simply a guess.
Still, better than before.

[JayJuanGee]

@Raja espouses the same views as the hex scammer, not going to mention the name (similarity of opinion is probably just a coincidence).
That view is that the cycle peak was 64K (very little and premature peak, I know), then the bottom would be at 200Wk MA.
Woonomic is of the opinion that the peak will be in 2022 and that btc is currently in the process of shaking off 4-year cycles.
Whether this would happen or not, I don't know. Maybe 50:50.

It's not that BIG of a dilemma Biodom..

Yeah, of course, I can see that you are still putting a decent amount of weight (too much of course) into the dumbass theory that we are in a bear market (dead cat bounce happening currently, right?) - but our recent price UPpity from $29k to $48k (yes took 3 weeks to play out) had to cause you a wee bit of pause, no?  

Perhaps not.. but what are we going to do for those miembros who are ongoingly wanting to play the bear thesis (and suck a little bear cock) whenever they have any sliver of an opportunity for such?

Sure, you can plan out in more narrow expectations, that is your choice.

I am not sure about whether I had considered all scenarios in 2017, but in 2016/2017 I had been conjecturing that we were going to top out in the $3k to $5k range scenario.. and perhaps shoot beyond (just hoping for the best) but of course, you know that we ended up going to $20k. but at the same time, I had revised my sell on the way up plan in order that I was selling way more on the way up because I had decided that I did not want to sell a lot of BTC.. even though the BTC price shot up quite a bit beyond my expectations.

So even my memory is failing me, and maybe I have to look back at some of my posts from that time, because by the time that the $20k top came, I did not consider that the top was yet in.. so who knows the extent that any of that matters, if at all?

Of course, this time around we could consider varying ranges and more bullish and less bullish scenarios.

The various tops would have varying likelihoods of playing out such as my SOMA calculations:

[00.50]above $1.5 million  - unthinkable of most bullish of scenarios  -   about .5% odds

[03.00]$800k to $1.5 million  - most bullish of scenarios  -   about 2.5% odds

[07.25]$600k to $800k  - 2nd most bullish of scenarios  -   about 4.25% odds

[15.00]$300k to $600k  - Moderately highly bullish  -   about 7.25% odds

[27.50]$100k to $300k  - normal range bullish  -   about 12.5% odds

[40.50]$65k to $100k  - hardly bullish - but at least a new ATH as our top  -   about 13% odds

[55.00]$55k to $65k  - deadman's zone.. not likely to be a top  -   about 14.5% odds

[73.00]$current price to $55k  - relatively bearish  -   about 18% odds

-UP-----------
=== 73+28=101%
-DOWN-------
[28.00]down from here - most bearish - but possible  -   about 28% odds

I am not sure if I should have all of those odds add up to 100%, but just for comprehensiveness sake, I tallied them up in such a way.

73% UP
28% DOWN

Well that sucks that my numbers did not add up to 100% with engineering precision (I must be totally wrong, then.  perhaps?) ..

It looks like my supplemental was a wee bit closer to 100.5%.. because it was 72.5% for UP and 28% down..

Anyhow, I think that I am just going to let those numbers stand because the point has largely been attempted to have been made.. and sure we could attempt to figure out where to shave 1% off somewhere or perhaps 0.5% off in the supplemental.. or just let the extra 0.5% to 1% float.. They are meant to be ballpark attempts at specifics anyhow that were supposed to add up to 100%.. and sure even my approximate (out of my ass) calculations might change within days of the posting, too.. not to mention (well, I did mention it) tweaks to the numbers that might end up having to have to happen weeks or months later.

[UnknownHolder]

Sure, you can plan out in more narrow expectations, that is your choice.

I am not sure about whether I had considered all scenarios in 2017, but in 2016/2017 I had been conjecturing that we were going to top out in the $3k to $5k range scenario.. and perhaps shoot beyond (just hoping for the best) but of course, you know that we ended up going to $20k. but at the same time, I had revised my sell on the way up plan in order that I was selling way more on the way up because I had decided that I did not want to sell a lot of BTC.. even though the BTC price shot up quite a bit beyond my expectations.

So even my memory is failing me, and maybe I have to look back at some of my posts from that time, because by the time that the $20k top came, I did not consider that the top was yet in.. so who knows the extent that any of that matters, if at all?

Of course, this time around we could consider varying ranges and more bullish and less bullish scenarios.

The various tops would have varying likelihoods of playing out such as my SOMA calculations:

[00.50]above $1.5 million  - unthinkable of most bullish of scenarios  -   about .5% odds

[03.00]$800k to $1.5 million  - most bullish of scenarios  -   about 2.5% odds

[07.25]$600k to $800k  - 2nd most bullish of scenarios  -   about 4.25% odds

[15.00]$300k to $600k  - Moderately highly bullish  -   about 7.25% odds

[27.50]$100k to $300k  - normal range bullish  -   about 12.5% odds

[40.50]$65k to $100k  - hardly bullish - but at least a new ATH as our top  -   about 13% odds

[55.00]$55k to $65k  - deadman's zone.. not likely to be a top  -   about 14.5% odds

[73.00]$current price to $55k  - relatively bearish  -   about 18% odds

-UP-----------
=== 73+28=101%
-DOWN-------
[28.00]down from here - most bearish - but possible  -   about 28% odds

I am not sure if I should have all of those odds add up to 100%, but just for comprehensiveness sake, I tallied them up in such a way.

73% UP
28% DOWN

That (above) is just an opinion, which are 'a dime a dozen' worth.
This is not a calculation of any sort, but simply a guess.
Still, better than before.

Just fixing JJG

My guess is
[30.00] for range $101k to $240k
[80.00] for range $65k to $100k
--------------

[Copetech]

Sure, you can plan out in more narrow expectations, that is your choice.

I am not sure about whether I had considered all scenarios in 2017, but in 2016/2017 I had been conjecturing that we were going to top out in the $3k to $5k range scenario.. and perhaps shoot beyond (just hoping for the best) but of course, you know that we ended up going to $20k. but at the same time, I had revised my sell on the way up plan in order that I was selling way more on the way up because I had decided that I did not want to sell a lot of BTC.. even though the BTC price shot up quite a bit beyond my expectations.

So even my memory is failing me, and maybe I have to look back at some of my posts from that time, because by the time that the $20k top came, I did not consider that the top was yet in.. so who knows the extent that any of that matters, if at all?

Of course, this time around we could consider varying ranges and more bullish and less bullish scenarios.

The various tops would have varying likelihoods of playing out such as my SOMA calculations:

[00.50]above $1.5 million  - unthinkable of most bullish of scenarios  -   about .5% odds

[03.00]$800k to $1.5 million  - most bullish of scenarios  -   about 2.5% odds

[07.25]$600k to $800k  - 2nd most bullish of scenarios  -   about 4.25% odds

[15.00]$300k to $600k  - Moderately highly bullish  -   about 7.25% odds

[27.50]$100k to $300k  - normal range bullish  -   about 12.5% odds

[40.50]$65k to $100k  - hardly bullish - but at least a new ATH as our top  -   about 13% odds

[55.00]$55k to $65k  - deadman's zone.. not likely to be a top  -   about 14.5% odds

[73.00]$current price to $55k  - relatively bearish  -   about 18% odds

-UP-----------
=== 73+28=101%
-DOWN-------
[28.00]down from here - most bearish - but possible  -   about 28% odds

I am not sure if I should have all of those odds add up to 100%, but just for comprehensiveness sake, I tallied them up in such a way.

72.5% UP [edited to correct the above bold mistakes]
28% DOWN

If you're gonna be a pansy fuck and create a new account just to correct somebody's math, at least be correct about your corrections.