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2781  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2017, 08:59:50 PM
"Dear Mr. Kraken: Tear down this wall!"  Cry

Oh man, I'm so dying to see this!!!
2782  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2017, 10:55:49 AM
Shame about bgodl. Not exactly a crypto-windfall that one.

It's not doing badly for a free coin... I would never buy it though.

Same with Bcash. I have never (and would never) buy Bcash. If there ever was a hope of me taking this coin seriously, it all died when I read that "Letter from the CEO" nonsense written by that pirate guy...  Roll Eyes
But it was just a prank letter. Roll Eyes

I don't think it was meant as a prank letter...

Or maybe it's my (lack of) sense of humour...
No it was serious. But somebody insisted that it wasn't (I believe in this thread). But maybe I failed to read his sarcasm... lol

Aye aye, captain (to keep with the pirate spirit)!

You pwned me!



When will it cross the 10,000 € mark (Kraken)? WHEN?

Come on, HBTC, eat that fcuking cobra. Finish her NOW!
2783  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2017, 10:36:50 AM
honey badger rolled into a rock and stumbled to his feeties... still staggering a bit and in a bit of a daze

Honey BTCadger gets what he wants.

And he never, NEVER sleeps!
2784  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2017, 10:35:44 AM
Shame about bgodl. Not exactly a crypto-windfall that one.

It's not doing badly for a free coin... I would never buy it though.

Same with Bcash. I have never (and would never) buy Bcash. If there ever was a hope of me taking this coin seriously, it all died when I read that "Letter from the CEO" nonsense written by that pirate guy...  Roll Eyes
But it was just a prank letter. Roll Eyes

I don't think it was meant as a prank letter...

Or maybe it's my (lack of) sense of humour...
2785  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2017, 08:53:02 AM
Shame about bgodl. Not exactly a crypto-windfall that one.

It's not doing badly for a free coin... I would never buy it though.

Same with Bcash. I have never (and would never) buy Bcash. If there ever was a hope of me taking this coin seriously, it all died when I read that "Letter from the CEO" nonsense written by that pirate guy...  Roll Eyes
2786  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2017, 08:14:34 AM
ATHs everywhere...

Amazing!

Go BTC go!
2787  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 06:48:15 PM
just read the best confirmed sources and look at the charts.

Fancy listing some of the 'best confirmed sources'?  Roll Eyes

Mark T. Williams? Jorge Stolfi? Jamie Dimon?

 Grin

Where's kwukduck?
2788  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 03:11:27 PM
Huh!  This is what I saw using Chrome:



Nice one!  Wink
2789  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 03:07:43 PM
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.

What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.

Quoted

Noted

As stated, I made a special paper wallet for this Smiley

1EM8JhDPsvX8maD552WCRvefyyChDcHeE2

Lucky guy! You have 0.1 BTC with 2 confirmations! Got yourself more than $1k today!

And also respekt to proudhon for standing by his word.
2790  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 09:04:49 AM
This could well have been written about me.

Quote
I'm not saying that it is always absolutely wrong to have 90% of your assets in BTC or whatever, but it should be because you are intentionally choosing to do so, not because the price got away from you and you never really considered that you now have 90% of your wealth riding on one thing.
https://www.reddit.com/r/Bitcoin/comments/7gi55s/dont_invest_recklessly/

I'm spooked again.

So, theymos is now advising those of us who went 50% in on Bitcoin, and are now nearly 90% in due to a rising Bitcoin, to sell 45% of our BTC stash, in order to return to the initial BTC/total investment of 50%.

I respect him, but can't help but wonder if that is a good piece of advice... I feel I should have invested more in BTC when I could. But I guess that's the greedy side of me talking. Will see how things play out...

I also don't really know what he is saying, except perhaps that we need to be  making conscious assessments about what are doing and how we are allocating our assets and whether we may be in a decent position to be considering reallocation.

Surely, I doubt that you need to have anything near an allocation of 50% initially in order to be approaching 90% currently and based on the exorbitant extent of our recent price appreciation(s).

I can look at my own initial goal of allocating around 10% that ended up being closer to 15%, and even though I lost a decent amount of coin through a hacker(s), I still am running numbers very close to 90%, depending on how I frame my investment.  

On a personal level, I feel fairly cognizant about the personal appropriateness of the approach that I am taking, and surely I appreciate the concept of diversification and reallocation too.  i also appreciate the concept of selling on the way up and buying on the way down, which I continue to believe to be a really decent vehicle that could sufficiently address allocation and diversification concerns and allow what might appear to be more risky/lopsided BTC allocation levels.

I know that each of us develop some strategies here, too, and I am thinking about Bob, too... .. I mean sometimes guys give us ideas about the quantity of their holdings, and sure, he is saying that he is diversifying by cashing out some of his Bcash, and stuff like that, and is that level of cashing out enough?  Should not each of us be cashing out a little bit along the way.. just in case (without making any BIG ASS cashing outs?)  Another thing that Bob said, is where is he going to put his money that is better than BTC.. and in that regard, just having it in cash is not better, but it does help to prepare for BTC dips, even knowing that long term cash is not going to hold its value, but for a year or less, it is not a major price to pay to hold some cash, just in case for buying BTC dips, no?

Thanks for replying JJG. I read the entire reddit post by theymos, but just can't follow his advice. I'm not a trader like you, and have been studying the posts here, in order to slowly pick up on trading methods. I have nowhere near the amount of BTC that veterans here like you, Jimbo or BLB have, so for me it's an "all or nothing" game. If I sell almost half of my stash, I'm effectively reducing the chances of financial independence. I will ride the wave and let it take me where it may.
2791  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 08:40:03 AM
This could well have been written about me.

Quote
I'm not saying that it is always absolutely wrong to have 90% of your assets in BTC or whatever, but it should be because you are intentionally choosing to do so, not because the price got away from you and you never really considered that you now have 90% of your wealth riding on one thing.
https://www.reddit.com/r/Bitcoin/comments/7gi55s/dont_invest_recklessly/

I'm spooked again.

So, theymos is now advising those of us who went 50% in on Bitcoin, and are now nearly 90% in due to a rising Bitcoin, to sell 45% of our BTC stash, in order to return to the initial BTC/total investment of 50%.

I respect him, but can't help but wonder if that is a good piece of advice, or a borderline FUD call...

Just a typical diversification advice. Don't invest more than you can loose etc.etc..etc...

Sure, the "don't invest what you can't afford to lose" advice is good and should be followed by all but the most adventurous. But if you've already applied it when you invested initially (at 50%), then it still holds true now that you're at 90%, so you can still be adventurous without the risk (well, you're only risking your current gains).


If you have enough to lead a happy, comfortable life if Bitcoin goes to zero tomorrow, then there’s nothing wrong with the vast majority of your wealth being tied up in Bitcoin.  

Of course, it would be sad to live poorly and in misery just to keep a big BTC stash! But if your life was already OK before investing your 50% on BTC, I don't see a good reason for returning from 90% to 50% just to secure the profits. It's a risk that many of us are willing to take. If BTC goes to the moon, all the better for us. If it drops to zero, the initial investment was small anyway, so life goes on as normal. That's the way I approach it.

I've rephrased my original post, removing the FUD part, as I feel I was too harsh on him. It is very possible that a huge bear period will come, and we may well lose more than 50-80% of our BTC's current value. But even at that point, there's still profit to be made for many of us, especially the very early adopters.

In short, personally, I'm planning to liquidate half of my BTC stash at the time when the fiat value I will get is enough to allow me to quit my job and pursue an independent career in my field. The other half I will keep, in the hope that BTC will eventually become something much bigger than it already is.
2792  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 07:34:35 AM
This could well have been written about me.

Quote
I'm not saying that it is always absolutely wrong to have 90% of your assets in BTC or whatever, but it should be because you are intentionally choosing to do so, not because the price got away from you and you never really considered that you now have 90% of your wealth riding on one thing.
https://www.reddit.com/r/Bitcoin/comments/7gi55s/dont_invest_recklessly/

I'm spooked again.

So, theymos is now advising those of us who went 50% in on Bitcoin, and are now nearly 90% in due to a rising Bitcoin, to sell 45% of our BTC stash, in order to return to the initial BTC/total investment of 50%.

I respect him, but can't help but wonder if that is a good piece of advice... I feel I should have invested more in BTC when I could. But I guess that's the greedy side of me talking. Will see how things play out...
2793  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 02, 2017, 11:25:23 AM
This was not what I was expecting on reaching the $10k milestone. But CCMF can follow at $20k  Cool

Wait until we reach 10000 €...

I have made some exclusive artwork, just for BitcoinTalk's WO thread...
2794  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2017, 05:08:18 PM
ever have an overwhelming feeling of guilt even though you did not behave badly?

It's just your conscience telling you that you did.
2795  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2017, 04:26:12 PM
I find the look of that woman (specifically, her face) ugly as hell!

Perhaps her eyes could be placed even further away from each other as a solution  Roll Eyes

I think it's her lips. Too fleshy/fat. I wonder if they are natural of man-made. Looks freaky and abnormal to me. Another poster mentioned it too earlier. The rest of her body is OK though.


More specifically, she looks bitchy.

Precisely!

---

Back to the topic, I think it's a good thing that we had that correction. It felt good to me. It's like breathing in and out. Has to be done every once in a while or the thing dies. Also, the drop is not as deep as in a big bubble bursting. It's holding now around 8000 € ($9500), which is a spectacular performance. Considering it was under 1000 € at the start of the year, we're talking about an 8x rise!

I guess we've all become used to choo-choos, rockets and moons, and we don't like it when the beast breathes out, but the fact is that BTC has had a stellar performance this year, much better than 2016.

So HoDL back and enjoy the ride...
2796  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2017, 02:12:36 PM
1) 3 BTC
2) Tulip fields
3) Emily Ratajkowski


Huh

Easy. #1 because with my 3 BTC I will soon be able to do #2 and #3 (and be left with more than 2 BTC)...
#2 you get to buy 2.5 BTC which is only half a BTC short of #1 in the first year alone, which is just about to end. Going to end up with more Bitcoins with #2, especially if you reinvest.

Well, 2017 is out, tulip money will come after you sell them. By that time you will barely be able to buy 1 BTC with that money. The following year it will be 0.1 BTC, the one after that 0.01 BTC, ad infinitum. With option #2 you'll end up with exactly 1.111... BTC, according to my calculations.
2017 is almost out, so we're getting 2.5 BTC in the first year and who knows what in the second year. Keep in mind that the tulip field is also real estate which is bound to have quite some value. Might even want to consider just selling it for more Bitcoin than #1 anytime before or after the first round of profits. Tongue

OK, either #1 or #2 is fine with me. But, for heaven's sake, NOT #3. I find the look of that woman (specifically, her face) ugly as hell!
2797  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2017, 11:47:43 AM
1) 3 BTC
2) Tulip fields
3) Emily Ratajkowski


Huh

Easy. #1 because with my 3 BTC I will soon be able to do #2 and #3 (and be left with more than 2 BTC)...
#2 you get to buy 2.5 BTC which is only half a BTC short of #1 in the first year alone, which is just about to end. Going to end up with more Bitcoins with #2, especially if you reinvest.

Well, 2017 is out, tulip money will come after you sell them. By that time you will barely be able to buy 1 BTC with that money. The following year it will be 0.1 BTC, the one after that 0.01 BTC, ad infinitum. With option #2 you'll end up with exactly 1.111... BTC, according to my calculations.
2798  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2017, 11:34:20 AM
1) 3 BTC
2) Tulip fields
3) Emily Ratajkowski


Huh

Easy. #1 because with my 3 BTC I will soon be able to do #2 and #3 (and be left with more than 2 BTC)...
2799  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2017, 11:27:48 AM


For the tulip holders of the time, it must have been really tough keeping those super-expensive tulips healthy... They would have to water them regularly and protect them, and even feed them nutrients. Must have been really stressful for them.


Is crypto dead?  Roll Eyes

Yes, and I like it that way! See reply above. BTC is really just some numbers with rare properties, not something organic and alive, no need to water or feed your coins. A TREZOR does all the work. Just HoDL!
Are you discriminating against silicon based life forms?

I was just about to post a meme of Salma Hayek, but you've already corrected it.
2800  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2017, 11:14:09 AM


For the tulip holders of the time, it must have been really tough keeping those super-expensive tulips healthy... They would have to water them regularly and protect them, and even feed them nutrients. Must have been really stressful for them.


Is crypto dead?  Roll Eyes

Yes, and I like it that way! See reply above. BTC is really just some numbers with rare properties, not something organic and alive, no need to water or feed your coins. A TREZOR does all the work. Just HoDL!
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