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Topic
Board Speculation
Merits 8 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 25/12/2021, 19:54:23 UTC
⭐ Merited by El duderino_ (6) ,AlcoHoDL (2)
Not a religious person myself, but nevertheless, * MERRY CHRISTMAS * to all WO brethren. Health, happiness and prosperity to all. The last part is mainly King Daddy's job, so may your Bitcoin wallets get fatter and fatter and be worth more and more in the years to come!

There are pretty decent chances that even withdrawing at around 10% per year will still allow a bitcoin wallet to become fatter and fatter in terms of its fiat value..

Some have asserted that 100% per year have pretty good odds of happening over the coming 10 years, and sure that might end up being true, one of the problems would be withdrawing at high rates during down periods and not really knowing which points are the down points...

Of course, there are quite a few of us who are not quite ready to enter into any kind of withdrawal rate.. and just let the BTC keep accumulating.. so getting fatter and fatter in terms of fiat value and surely some of those folks are still adding BTC along the way to get to a certain threshold prior to beginning any kind of withdrawal process.. so even if it could be sustainable to withdraw at 10% per year, there may be some folks who are just entering into a kind of withdrawal process and in that regard working their way up to 10% per year, so maybe they would withdraw somewhere between 1-4% per year for a few years and then 5% to 9% for a few years and then at some point feeling comfortable enough to start to withdraw at 10% per year... no problema.. no problema..

Merry Christmas to you too AlcoHoDL and other WOs who are reading the thread during these holidays.


Get ready for +$200K next year!

Current situation on Wall Street Market Cycle......

New phase called "Belief-Denial" located just above "Optimism" and below "Belief"



I am predicting next blow-off top near May 2022. Since it didn't happen already this year.

Same thoughts here: Late Q1 - early Q2 we're going parabolic!  Cool

There could be some truth that there is a need to ramp-up prior to just going into a blow-off top, yet one of the problems of trying to assert that the blow-off top would more likely to occur in late Q1 or early Q2 is the fact that we have already been having a kind of mini-ramping up that could end up starting to go more and more UPpity until it turns into vertical, and sure it does not have to take so long to play out... but whatever, it's not really unreasonable to consider that there are still a quite a few more weak hands that could be shaken out in the ballpark of these prices which thereby justify taking a bit longer time to get to an actual blow off top..


and sure I am also on the page that blow off tops are not going to disappear from bitcoin's price dynamics anytime in the near future.. and they are just a part of the fucking ongoing manipulation that happens in these kinds of free markets involving a new asset class like bitcoin.. push down as low as you can and for as long as you can, then it ends up that you cannot stop it or slow it down once it starts going too much UPpity.. just part of what happens these days.. and not likely to stop any time soon.. .. and how far it goes up before it can be brought back into some kind of control is still to be seen.. is it going to be a mere 2x to 4x from here or do we end up having another 8x to 30x from here... either scenario could end up playing out.. and sure the lower end of the scale does seem more reasonable and more likely, but since when has king daddy either been reasonable or can we expect the greatest wealth transfer in history to play out without a few more "surprises" along the way. ... the surprises are for the naysayers and fence sitters..,  and of course, shitcoin pumpeners.