Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Samarkand]

Ugh, Theymos gives us "merits" when all I really want is a "demerits" function.

Merit, huh?

And here I thought I'd never see the day when those thousands of BTC donated to Theymos will produce a positive effect on the forum!

You can follow all the action at GitHub:
https://github.com/epochtalk/epochtalk

The new forum software is still being developed as there are quite a few
of recent commits. I obviously agree that a project like this shouldn´t take so long.

I'm not really understanding the need to sell right now.  Have you cashed out all the BCH, BitcoinGold, BCD?  That's what I did and set for a few years at least. LOL

I'm looking to be retired by March 1st, 2018. The price of Bitcoin figures directly into that strategy.

...

Is postponing your retirement until after the next block reward halving a too daunting prospect?
I expect huge price increases in the run-up to the next block reward halving and with your holdings
you are likely missing out on another million $ or more if my prediction is correct.
It is obviously entirely possible that you will have to endure a prolonged bear market until then.

[acquafredda]

I'm not really understanding the need to sell right now.  Have you cashed out all the BCH, BitcoinGold, BCD?  That's what I did and set for a few years at least. LOL

I'm looking to be retired by March 1st, 2018. The price of Bitcoin figures directly into that strategy.

All the BCH went to paying off the balance on our mortgage, buying a new SUV, and the rest went to the IRS.

Have not touched the other forks, and not likely to until it's considered long-term gains.

https://bitcointalk.org/index.php?topic=1139152.msg13450466#msg13450466

You were there already. What am I missing?

[Syke]

My dad before he died had over 5 mil invested... well.. after that nice little dot.com bubble burst he was left with about 750k in his retirement account.  Poof.. just gone.  He passed away shortly after that.

Putting your retirement funds in new technology? That's nuts! Stash it in a variety of safer investments such as certain mutual funds and muni bonds.

[vanobe]

These bulls bro?

GET OUT OF MY MIIINNNDDDD !!!

EDIT: To be honest, as others have alluded, I'm really starting to stress out, and will be "glad when it's over"

Exhibit A: That's a lot of money to have out there "in play". Makes me real nervous. I apologize in advance for coming off as bragging. Just trying to "keep it real" with you folk.



EDIT2: And yes, IRS, you fine folk are getting a check for just south of $1M end of Q1.

Haven't you had any problems with sending large wired deposits to banks yet? Other users say they sometimes had their accounts closed for massive deposits from exchanges. One user claimed his bank refused to accept a massive wired deposit, and returned it to an exchange.

[jojo69]

I have a long established history with my financial institutions.

quick guide to getting rich

step 1>  be rich

[vanobe]

Haven't you had any problems with sending large wired deposits to banks yet? Other users say they sometimes had their accounts closed for massive deposits from exchanges. One user claimed his bank refused to accept a massive wired deposit, and returned it to an exchange.

No problems for me (beyond wire routing problems that work for some accounts, but not for others). I have a long established history with my financial institutions.

Were you already fairly rich before cashing out bitcoins? Were your banks used to getting huge deposits made to your accounts before the bitcoin stuff started?

[oda.krell]

Congrats, BobLawblaw. Well deserved. Now stop putting yourself at risk by flaunting it  (:

Also, if your profile age is your real age, that seems about the perfect age to retire. If you're much older and retire, it's hardly different from regular retiring, if you're much younger, it somehow feels wrong to me, like you're dropping out too early.

[vanobe]

Were you already fairly rich before cashing out bitcoins? Were your banks used to getting huge deposits made to your accounts before the bitcoin stuff started?

My banks were used to seeing large deposits and transfers. Yes. Not sure what qualifies as "fairly rich before".

That million dollars in your exchange account counts as fairly rich to me.

If I tried depositing that much to my bank the cashiers would probably put their hands in the air, while the backroom staff would be ringing the police.

[Toxic2040]

To your point, the portfolio that has been prepared for me is quite diverse and (relatively) safe; one of the reasons I'm not hesitating on my Q1 workforce exit. The peeps that prepared it for me are seasoned pros.

I bought 2 lots here in the fall of '15..

For about 110-150sf you can have what ever type of palapa to hacienda you can dream up.

[Syke]

To your point, the portfolio that has been prepared for me is quite diverse and (relatively) safe; one of the reasons I'm not hesitating on my Q1 workforce exit. The peeps that prepared it for me are seasoned pros.

Sounds like you'll be able to live *comfortably* just off the interest alone.

[svdleer]

Only 11K bitcoin sell wall to knock down before hitting 19K again 

thats about 147M US Dollar

[OWZ1337]

Congrats, BobLawblaw. Well deserved. Now stop putting yourself at risk by flaunting it  (:

Also, if your profile age is your real age, that seems about the perfect age to retire. If you're much older and retire, it's hardly different from regular retiring, if you're much younger, it somehow feels wrong to me, like you're dropping out too early.

"retire" in crypto = moves outta moms' house   weee

[Last of the V8s]

https://twitter.com/twitter/statuses/956575006380638208
guess people change...

[jojo69]

So I just got some sobering news.  It seems that the ringleader/alpha dog of my old PM stacking crew has died.  He was a pretty large gentleman, with a caloric appetite to match, but was about my age.  This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...




it's got me thinking

[cmacwuz]

The bleeding is slowing, time for that unending crawl back up IMO. As I am young and still haven't worked a career job, my retirement plans are non-existent. Have fun retirees, I want to hear about some nice river-boatin, gun-totin', cigar-smoking, seastead-floatin' stories in the future

If the forum sees some serious updating, this thread better stay in tact. How the hell do I merit anyone. My guess is that I can't!

[bones261]

The bleeding is slowing, time for that unending crawl back up IMO. As I am young and still haven't worked a career job, my retirement plans are non-existent. Have fun retirees, I want to hear about some nice river-boatin, gun-totin', cigar-smoking, seastead-floatin' stories in the future

If the forum sees some serious updating, this thread better stay in tact. How the hell do I merit anyone. My guess is that I can't!

You will need to earn two merits in order to be able to reward 1 merit back. (Since you are a newbie, you didn't get any merits to reward other people.) I'll give you two. Then you can give one to someone else.

[Toxic2040]

it's got me thinking

Stop that...stop that right now!

[Ludwig Von]

So I just got some sobering news.  It seems that the ringleader/alpha dog of my old PM stacking crew has died.  He was a pretty large gentleman, with a caloric appetite to match, but was about my age.  This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...




it's got me thinking

Did he go happy? Condolence anyway. And yes unfortunately there is that Keynes quote... .

[Last of the V8s]

So I just got some sobering news.  It seems that the ringleader/alpha dog of my old PM stacking crew has died.  He was a pretty large gentleman, with a caloric appetite to match, but was about my age.  This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...




it's got me thinking

A sad business.
Yes I agree, silver and I reckon gold etc could be in for a massive rise at any stage soon. The dollar is due a real run and not everyone will back bitcoin. It goes without saying that btc will reach more dizzying heights.
I've always found one of the problems with pms is their very physicality. You get to hold an oz of silver, and what's it 'worth'? 20 seems about right, but 400, for this? Dunno.

[FractalUniverse]

Yes I agree, silver and I reckon gold etc could be in for a massive rise at any stage soon. The dollar is due a real run and not everyone will back bitcoin. It goes without saying that btc will reach more dizzying heights.
I've always found one of the problems with pms is their very physicality. You get to hold an oz of silver, and what's it 'worth'? 20 seems about right, but 400, for this? Dunno.

You bet. now when banks own 20% of all gold, it will likely be pumped. r0ach will be happy.. (really)?