Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The history of the corn. Gaze upon the 2017 volume vs today... where on this graph are we???
Zoom in on the 2 year period of the greatest global economic crisis in our lifetimes.
Damn.
Zoom in on the 2 year period of the greatest global economic crisis in our lifetimes.
Damn.
I am going to guess.
We are at the low sloping part that is before the exponential part?
Did I win anything?
Wait.
Are you saying that volume fluctuated more in 2017 than it is doing right now, so therefore there might be some reason to worry.
Let's search for a reason to worry.
Great idea.
I don't want to have to worry.
Congrats fellow WOs hodlers!!
Faith alone is the only way to save yourself from the ratrace and those who wish to enslave you..
Faith in BTC..
Some people really do think like that... I understand.
You just want to mine more before it goes up don'cha?
duh I just spent 100k expanding the mine what do you think 🤔..
We want more good months of mining.
the hardest part of mining is dca the gear and don’t over buy.
if we pump and stagger now (nov-dec) i fucked up.
if we rise slowly upwards for months on end I whale.
time will tell.
Say it isn't so philip.
Don't say that you are projecting BTC prices to stay down.. and that is why you made the purchasing decisions that you made.. In other words, sounds as if you are both betting against bitcoin and also betting against bitcoin doing what it usually does.. which is outrageous volatility. One of the most inevitable things in bitcoin remains volatility, and sure such volatility does not necessarily need to happen to the UPside, even if it has a tendency to happen towards the UPside, especially if you understand and appreciate the various BTC price prediction models including the fact that it seems quite likely that we have not yet had a blow off top for this cycle.. which sure could happen this month or it may well drag out longer than this month and as late as the 3rd quarter of 2022.. blow off tops are not gradual events... last time I checked.