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541  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 12:56:05 PM
Observing $9,752.

Looks like we could be recovering, above $10,000 again this weekend?

Wonder if the Bargain Boyzzzz filled their bags near $9,4xx?

Confirmed. Cheesy

via Imgflip Meme Generator
542  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 10:04:18 AM
via Imgflip Meme Generator
543  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 10:00:47 AM
80 days till the Halvening and all is well.  Cheesy

Bless us oh Bitcoin, our Lord and Savior, with your diminishing supply.
544  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 09:57:56 AM
Basically, the situation I'm in is if I didn't have BTC to supplement my income I'd have a very sad life; never eating out, no holidays, no 'nice' things every-so-often.
I'm VERY lucky to have BTC. Very.

treating ourselves to something extra every now and then via btc i mined or bought is the deal i made with my wife when i 1st got into btc.

gotta take profits at some point. we certainly enjoyed our "upgrades." works for me as this all could still take a digger.

Maybe ironic the treat for myself way back was to spunk some money on bitcoins, its full circle.

Not "maybe"... completely ironic I have tightened my expenses to absurd limits just for being able to hodling moar. When I could be spending way more than before (I have always been very frugal) I am spending even less than before. Ironic is even an understatement.

Admirable.  Smiley
545  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 09:56:13 AM

Well done.  Cheesy
546  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 09:54:04 AM
Lambie, I’m over 90% in the King.

I have my home & an apartment but if you don’t include them then I’m over 90% in bitcoin.

There are a lot of ways to attempt to categorize how much value you have invested into bitcoin versus what is your investment (or quasi-investable assets).  You have a business too, right?  I understand that some investments are not very liquid, but I think that amongst the most accurate ways to calculate your investment into bitcoin as compared with other assets is to count them all, including your home and an apartment that you own and your business.  I like to fish for personal info as try to force my tedious incremental bs on people.

Sure, sometimes, you might want to shave off some of the value of certain investments if they are either NOT very liquid or if they have some encumbrances, such as a co-owner who you may have to convince to liquidate, if you were to need to. If it weren't for hypotheticals I would struggle type so much gibberish.

Another calculation might be to figure out how much money that you might have that you have already dedicated to BTC.  I tend to set money aside for BTC, but I don't necessarily spend it right away on BTC, but I instead plug it into my formula that has various categories.  Let's say that I have already projected that I have $200 extra in cash coming in in March, May, July and August, and I have $500 extra coming in April and June, so that has already been plugged into my anticipated cash available for bitcoin investments and it counts in my calculating of what I have available so it would be dedicated to DCA and buying on dips.  However, for some reason during that 6 month period, I receive an extra $900 that I had not expected.  The extra $900 would be divided into 3 to buy immediately with $300 and then the other two portions of $300 would each be plugged in for DCA and buying on dips, respectively.I live in a state of pain and anxiety so I try to inject this into others by elaborating on painfully tedious scenarios.

Also, for me, personally, I have repeated almost a zillion times to that deaf-ass diptwat, lambie bambie, that I had targeted 10% as my initial investment amount that I had largely reached in late 2014 - yet we know what happened in 2015... (largely flat prices at the bottom), so DCA had pretty much caused my own allocation to end up going into the 13% territory... and then we also know what happened between late 2015 and late 2017, BTC did about a 78x price increase, and it still did not really bottom out below 12x (to preserve at least 12x), so I personally had already decided that personally I was not going to diversify out of BTC..... so fuck that diptwat deaf-ass hears what he wants to hear lambie bambie, and I don't need to disclose anymore of my particulars, even though I continue to recommend that starting considerations during injecting new value into BTC are likely good to be focusing on 1% to 10% as a starting guideline, and with bitcoin you largely do not need to leverage or to overdo anything in order to still have a large chance of getting rich as fuck from BTC... No need to gamble, leverage or jeopardize yourself in any kind of way in order to still become rich as fuck.    Slayer is really getting to me. Nothing I hate more than seeing my walls of gibberish translated into a few simple sentences. My goal is to annoy everyone. I take great pride in this. I cant achieve this if he provides cliff's notes to my text walls. I dont like being embarrassed by him, but Im too compulsive to resist provoking and ranting against him when he just minds his own business and focuses on promoting King Bitcoin like the kind gentleman he is. FML.

Its ok GayJG. Your butt hurt will decrease over time Im sure, just get more exercise and type less angry text walls. Try not logging in for a day or too. A little detox will help you feel better.  Smiley
547  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 09:34:55 AM
Good morning, being above 10,000 looks good.



They say the same as us, but they go into more details.

ergo, JJG is female.

His salty cunt does qualify him for quasi-female status.

Aren't "we" (that is not "royal" we, by the way) in a bad mood today?   Embarrassed Yes Slayer, you will know I am no longer salty when I learn how to make my text walls much smaller and learn not to get angry and butt hurt about people speculating in a speculation thread. I promise Im working hard on this.

Good luck.  Lmk if you need any advice. Wink

LS I do admire your work of taking JJG under your wings, making an honest and better man out of the poor soul.... THX man, you make places great again!

Mr. Dude, you are most welcome. I believe we can make him into a kind and generous human being one day.
548  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 09:22:31 AM
Good morning, being above 10,000 looks good.



They say the same as us, but they go into more details.

ergo, JJG is female.

His salty cunt does qualify him for quasi-female status.

Aren't "we" (that is not "royal" we, by the way) in a bad mood today?   Embarrassed Yes Slayer, you will know I am no longer salty when I learn how to make my text walls much smaller and learn not to get angry and butt hurt about people speculating in a speculation thread. I promise Im working hard on this.

Good luck.  Lmk if you need any advice. Wink
549  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2020, 10:56:15 PM
Lambie, I’m over 90% in the King.

I have my home & an apartment but if you don’t include them then I’m over 90% in bitcoin.

Well done sir.

550  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2020, 01:53:14 PM
81 days to the Halvening and all is well.  Cheesy
551  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2020, 01:50:00 PM
Enough with this 1 to 10 percent.  10 percent should be the minimum a coiner invests in King Bitcoin.  Also long term winning for Bitcoin is guaranteed as long as humanity doesnt go extinct.

that was a joke, right?

if you cant afford the possibility for all your bitcoins value to drop to zero in an instant and just smile and say "well that was one helluva ride while it lasted" and just carry on like nothing happened (more or less) youre doing it very, very wrong.

EDIT: but if youre young i suppose ones outlook differs from those of us that are ancient and decrepit.


Absolutely not a joke.

10 percent invested in the King is conservative. Freeing humanity from money printing induced debt slavery is worth more than 10 percent of one's portfolio imho.

Most of the global populations investment portfolio consists of a bank account or mattress with some fiat in it. For them to invest less than 10 percent is highly unwise.  
552  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2020, 01:35:46 PM
"Some Bitcoin promoters are deliberately misrepresenting my concession that anyone who bought Bitcoin 10 years ago and sells now will make money as an endorsement of buying #Bitcoin today. It is not. Those who buy today and sell 10 years from now will likely do so at a loss."

https://twitter.com/PeterSchiff/status/1229742185651851266

LOL, I wonder what he will say as the years go by and he gets proven wrong over and over, just like for the last 6 or 7.

So far, history has shown that bitcoin has always been higher at any point 4 years after purchase, and of course, at some point that might no longer be true.  There is also the problematic nature that an investment, such as bitcoin that starts from zero is going to have pretty steep performance once it gets a value that is much above zero... So for example, maybe we could start measuring bitcoin's value in 2011, and bitcoin was valued in about a $2 to $7 price range for a large portion of 2011.  Seems like a decently fair starting point to start measuring bitcoin's advancement from there.

Also, we know that no investment is guaranteed, but bitcoin still seems to show pretty strong signs of continuing to be a good investment, even looking at a 10 to 20 year time horizon into the future.. and one thing about being a free-willed individual, we are empowered to change our minds or our investment strategies at any time that we chose, but those people who have invested into bitcoin and have held their bitcoin for longer periods have tended to do well with their bitcoin investments (so far), and even though there is no guarantees about future performance based on past performance, the current evidence still seems to support bitcoin as an investment, at least as a way to hedge 1% to 10% of investment assets and currently, there is no real evidence to suggest that anything is changing in regards to the ongoing investment thesis into bitcoin, except perhaps becoming stronger and stronger and stronger with the passage of time in a kind of Lindy effect kind of way.  

Like Lambie bambie asserts, seems like Peter is going to just continue to be wrong and wrong and wrong, but stubborn as Peter is, he is NOT likely to give up with his nonsense, even if he is shown to be a fool in the next 10 years.
My small nuts and lack of conviction make me scared to invest too much of my portfolio in the King
Enough with this 1 to 10 percent.  Roll Eyes 10 percent should be the minimum a coiner invests in King Bitcoin.  Cheesy

You do what the fuck you like, lambie bambie.  I could give less than two shits. Everytime you expose me it makes my blood pressure soar, but I cant resist writing walls of texts to try an provoke you anyway. Im a glutton for punishment.


This 1-10% message is talking to the everybody and to the no coiner to get the fuck off of zero.  Hey, yeah, I get it that many active participants in this thread are already off of zero and are already likely in the 1-10% arena, if not higher, but ultimately, whatever people do, they are best to be tailoring their approach to their own situations in terms of their cash flow, other investments, view of bitcoin versus other investments, timeline, risk tolerance and time and skills to learn more and/or manage their portfolios including trading and making sure that their life expenses are adequately covered. I have very specific and detailed recommendations for newbs and it makes me crazy when anyone says anything contrary. I spent half my free time typing walls trying to get newbs to make countless incremental buys and sells instead of just hodling.

Getting off of zero is going to come a long way for a lot of people, especially since we still likely are not even approaching 1% of the world population into bitcoin in any kind of meaningful way.

Likely 1-10% speaks to people who are already balls deep into bitcoin too at least in terms of already establishing their initial stake into bitcoin, and surely there is going to be a decent amount of variance in terms of when people got into bitcoin.  Some people may have started out investing into bitcoin in a bit of a timid manner or they really did not have a lot of capital to inject into bitcoin from the start, and they may have even witnessed the 2015-2017 price run while being on the low side of 1-10% or even that amount of money did not add up to very much for them because se they did not have a lot of capital that they were able to work with. I love tedious detail about hypothetical scenarios, it gives me infinite things to type walls about.

So, yeah, there is likely little to no get rich quick with bitcoin, even though there can be some gambling towards making bets that bitcoin is going to do another exponential growth that did pay off with some luck or could pay off again with some luck, and surely I do not recommend that anyone invest like that, even though there are certain number of people who might be inclined in that direction, and that is on them to tweak their style in that direction, if they so choose.Once I lay out a tediously detailed hypothetical list of scenarios, I like to make some obvious truisms and then white knight myself about how I would never recommend something silly.


Also long term winning for Bitcoin is guaranteed as long as humanity doesnt go extinct. Incorrect usage of my name will result in more GayJaunGee branding as well.  

If you are so fucking stupid as to really believe that long term winning in bitcoin is guaranteed, then that is your choice.  I doubt that very many prudent people agree with you and/or are willing put everything on black in that direction.  I certainly would not recommend such a gambling approach with anything more than a fraction of anyone's wealth or credit.If I had the courage of conviction you have Slayer I could probably pry myself away from this keyboard and get some fresh air.

Surely, if anyone has already been able to ride out one or two exponential periods of bitcoin's growth while having a decent amount of value invested into bitcoin, then there are good chances that the bitcoin portion of their investment has sufficiently increased in value in which they are faced with decisions about whether to reallocate or the extent to which to reallocate - which is also going to depend on their individual circumstances, including their cash flow, other investments, view of bitcoin versus other investments, timeline, risk tolerance and time and skills to learn more and/or manage their portfolios including trading and making sure that their life expenses are adequately covered. What many call a paragraph, I call a run-on sentence. I like not separating my thoughts into complete sentences. It makes my walls of text even more boring and rambling. My goal is to annoy everyone unless they praise my silly incremental daytrading system.

If someone has their life expenses adequately covered and they are pretty solid in their various investments, I surely do not recommend reallocating back down to 1-10%, especially if their gained value has come from bitcoin price appreciation.  There is a kind of concept in investing regarding increasing your chances of getting richie faster and to a higher level by letting your good investments ride (rather than reallocating them), and I am surely not opposed to such an approach to bitcoin, including that I personally invested a bit over 10% in 2013/2014 to establish my initial stake in bitcoin, but my BTC portfolio has grown to become a much greater than 10% portion of my wealth, and in about early 2017 I decided to let that bitcoin aspect ride and have reconfirmed my "let it ride" commitment on a large number of occasions since then.   I invested 10 percent of my portfolio in the King, but 90 percent of my time into typing walls. The foolishness of this speaks for itself. It explains why I am so salty to Slayer who went all in(100 percent net worth) during 2014. He liquidated an investment portfolio he had spent over a decade building in order to go balls deep in the King. No homo.

But, I consider that my particular fortune in bitcoin should not be skewing either my discussions of the topic in a thread like this with "everybody" or my discussions with the no coiner / fence sitter or the under committed bitcoin investors, and starting with 1% to 10% remains as great starting out recommendations.... that is surely able to be tweaked by anyone who really embarks upon engaging with the various aspects of his/her own situation to tailor his/her BTC investment approach to his/her circumstances -  even while I also understand that if someone is really young, this category of person might hardly have any investments at all, and for those people, they might start out only investing in one asset while they are building their initial stake, which could end up being bitcoin and then branching out after their investment has had some time to mature and appreciate (hopefully, in the case of investing all into bitcoin, their remains a prudent approach that does mature and price appreciates). Did I tell you I specialize in run-on sentences. It helps me type the walls faster and provides maximum boredom to the reader. Just the way I like it!

I do get the sense that you, lambie bambie, might be one of those snot-nosed younger investors who surely might not have any other investments or responsibilities in life, and surely in those kinds of cases, it could surely be prudent to start out aiming towards 100% start in terms of establishing a stake, and then diversifying as the investment grows including as you might start to perhaps acquire some real world expenses after you move out of grandma's basement.  So, yes, I will concede that there could be some people in which 100% starting out in bitcoin only could be practical and prudent while establishing early investment capital, but that still does not mean that any of this kind of investment approach is generally applicable or that it would even be a prudent approach for a more mature investor who might have a complicated set of expenses and life style that is already staring them in the face while they are considering getting into bitcoin by getting off of zero.If I had more balls I would just admit that selling one's stocks, bonds, t-bills, and mutual funds to invest solely in the King is actually a great idea. I just wish I had done it like Slayer. Im just too frightened to get rid of my other shitty investments like he did.

Kudos on being so open about everything GayJaunGee.  Cheesy

Ill talk with your programmers about whipping up some updates to fix those pesky run-on sentences.

I'm sure all your problems can be fixed if you keep working on being a better bot and buy more Bitcoin.

553  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2020, 01:02:44 PM
I only got it in preparation for the next epic rise. I’ve only spent £100 worth of corn on it.

HairyMaclairy was giving some good advice a few weeks back. He told us to be a fucking boy scout, open as many bank accounts as you can, get registered on loads of exchanges, be prepared for the next bull run because it’s going to be life changing.

I’m KYC’d & ready for unlimited withdrawals on -

Localbitcoins
Stamp
Coinbase

I’ve got a Bittrex account, I’ve now got 4 fiat current accounts. I am ready!

Is Kraken any good?

In my experience yes. Have used them for years with no problems at all.
554  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2020, 01:01:11 PM
Good morning, being above 10,000 looks good.



They say the same as us, but they go into more details.

ergo, JJG is female.


His salty cunt does qualify him for quasi-female status.
555  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2020, 01:28:18 AM
Moon rocket preparation going along nicely.

https://thehalvening.com/
556  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2020, 11:29:37 PM
https://twitter.com/BTC_Experts/status/1230269193637048322

"Give a man a bitcoin and he’ll spend it in a day.

Teach a man to hodl bitcoin and he will spend the rest of his time on crypto twitter talking about disintermediation, fall of nation-states, economics, and the rise of sovereign individuals."
557  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2020, 11:23:05 PM
That was the Bears Waterloo. The tried to get us back under 9k with everything they had but Vegeta was not having it.

https://www.youtube.com/watch?v=Uct61MrLC9M

The hourly volume was the biggest all year and not seen since around the time the Bargain Boyz stepped in with strong hands in the 6ks last year.

Bears are out of ammo. The next step is to finish them off and humiliate them with new yearly highs.

558  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2020, 01:19:22 PM
GO BTC GO!


Is it more gentlemanly to censor a couple dots in such a fine piece of work?  Almost safe for work  Wink

This here be a vote towards uncensored beauty (in taste of course) Shocked
And of course GO BTC GO!


Quoted for the nipples.  Smiley
559  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2020, 09:03:25 AM
Always feels good being over 10k.

82 days till the Halvening and all is well.  Cheesy


Imo, hashpower will likely drop, though.
As soon as difficulty catches up, halvening could be delayed a couple of days.

No worries, I will update the count each day.  Smiley
560  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2020, 08:47:13 AM
Always feels good being over 10k.

82 days till the Halvening and all is well.  Cheesy





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