So it looks like we are at BETI -2.35 with an expected BETI 0 price of $76K
IIRC -2.3 was the previous lowest BETI score.
Probably not very useful anymore as it doesn't look like realtime price will ever cross with BETI 0 ever again but... just saying.
Losing hope, are we?
Where will BETI 0 be in Q4 2021? If there is some sort of "4-year cycle" at play, isn't that a reasonable time period to look at? I know most people around here have trouble fathoming > $100K, but from a regression analysis point of view, we should be aiming higher anyway.
BETI is a dead indicator that never should have been born. Sorry...
Starting to think these ETF rumors for the May 21st approval might be real. More and more its starting to feel like insiders are buying bc they really know something we dont. ETF please and pamp it please!
You might want to look at some of his other charts on Trading View - just sayin' - he's running at 0% accuracy so far but I'm sure he could get lucky one time?
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BoardBeginners & Help
Re: Securely Generating Paper Wallets (Looking for advice/opinion)
by
Dogboy714
on 19/03/2019, 05:41:13 UTC
Moving my BTC off of my paper wallets and into my Ledger Nano S was one of the happiest days of my life. Easy to spend, easy to backup, and secure. Buy one, load it and throw it in a safety deposit box. Etch the 24 word key somewhere safe. Profit.
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BoardSpeculation
Re: Bitcoin at $9,000 by the end of the year
by
Dogboy714
on 16/03/2019, 06:07:52 UTC
It won't even break $6k this year - $9k is pure fantasy land. Bear markets last a LONG time after parabolic moves...
Drunk thought of the day - what if this time around the buyers were forced to capitulate! Oh shit - it keeps going up from that not-a-capitulation low!!!
Don't get too comfortable with the current regression model, based on such limited data. We cant assume based on extrapolation that Bitcoin will never rise above the upper bounds of the historical trend. That would eliminate the possibility of an S-curve model for adoption, which I believe is still possible.
Mmmm...hopium! Not going to happen, though. Dollar cost average in now and HODL til $80k - then sell everything and retire! Don't forget the last part about selling everything - the hype will be stronger than you could possibly imagine but you've gotta go contrarian and sell. Rinse and repeat for more bitcoin if you like, but get out!
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BoardSpeculation
Re: BETI: Bitcoin Exponential Trend Index and technical analysis
Since -2.25 is an all time low (in 2011) with second low in 2015 at -2.2, next point in progression might indeed be -2.15. Perhaps, -2.15 would be IT for this cycle.
Next ATH might not even get to BETI=1.0 (achieved in 2017) and stop somewhere lower if peaks are actually on a declining trend (too small number of points so far). Last peak was somewhat disappointing in that regard as I expected at least a match to 2013.