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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330555 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 1 users with 9 merit deleted.)
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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September 08, 2018, 02:58:33 PM


Unpleasant reality)
maybe your reality . certainly not mine

There is like a hope, hope, hope...

Some folks are feeling hope that they can buy back lower and not happy about buying at current prices, feel like they did not buy enough at $5,774-ish and hoping for lower.. hoping, hoping, hoping.





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vapourminer
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what is this "brake pedal" you speak of?


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September 08, 2018, 03:14:28 PM
Last edit: September 08, 2018, 03:49:01 PM by vapourminer

hard to tell. back when i started and btc was so cheap i didnt really pay attention. i got in it for the experimental aspect more than any profit. all i know is, aside from the first few years, every year i have less btc, but the real world value of that lessor amount of coins is more. usually much more.

as a miner you can look at it as dollar cost averaging, more or less. like i "buy" coin every week, non stop as long as i mine. then sell as needed.

ive mainly used btc as a kind of a "level up" thing. as in i mainly used them to "upgrade" stuff like vacations, toys, gifts etc to a higher level than i would of without btc. occasionally i would lock a chunk of profit up and put it into efts or other non crypto assets that (hopefully) earn returns in a more conventional, less risky way but of course with much less potential profit.

So it seems to appear that you are regularly taking profits in fiat and consumable goods, and you are not stacking aside bitcoin in a kind of fundamental view that bitcoin could potentially have more value some day. 

I understand that you have been in bitcoin longer than me, but largely I have considered bitcoin as something to attempt to stack up, so if I spend BTC, then I attempt to replace the ones that I spent.  I have been looser with myself regarding this in recent times, because I have established some ways to monitory my fiat versus BTC level, and created my own reasoned considerations regarding how many BTC that I want to maintain at certain price points, and if I have at least enough BTC to continue to reach that stacking BTC goal, then I don't mind shaving off a bit extra fiat for consumable goods.

im guessing you are younger than i. im on the wrong side of fifty. at my age i take less risk as im too old to start over. if i were younger i certainly would be increasing my stack as finances allow. i hope to get back to that too once certain new goals are met. but as of right now, other priorities are more important.

not depleting your stack and especially increasing your stack is always a good thing. for instance i have recently taken advantage of btcs currently lower price to replace some that i sold ~100% higher earlier in the year. but im still down btc from last year. i see btc as a tool. a new, experimental tool to manage value. and its still experimental really. there is still the risk it will fail. or, through personal error, my wallets could get compromised and coins stolen. so im using part of my stack to diversify into different non crypto holding in case it all goes south.

maybe because i got into it fairly early, i still see it as a tool to be used, not as a "get rich" thing. although i hope we all do. but currently im using it now to secure our (wife and i) future with as little risk as possible.
 
so on average for the last few years i have generally spent more btc than i replace. at this stage in my life  i have changed some priorities and used btc profit to try and ensure a more than comfortable retirement (if all goes even close to well). we were at the point that retirement should go well for us anyway but its time to revisit that position and nail down a few potential lose ends. once im happy with that i will go back to accumulation. at least i hope to.

 
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September 08, 2018, 03:23:42 PM

^
Is like perfectlytaking care of your business ..... and When oppertunity is there than take as much as you can of iT ....  Grin
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September 08, 2018, 03:44:41 PM


Unpleasant reality)
maybe your reality . certainly not mine

There is like a hope, hope, hope...

Some folks are feeling hope that they can buy back lower and not happy about buying at current prices, feel like they did not buy enough at $5,774-ish and hoping for lower.. hoping, hoping, hoping.







Let us hope that they that are to greedy.... and sitting on the side-lines Will be sitting there forever , watching the Rockets and traint but don’t be sitting on them
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September 08, 2018, 04:18:20 PM


so im using part of my stack to diversify into different non crypto holding in case it all goes south.

maybe because i got into it fairly early, i still see it as a tool to be used, not as a "get rich" thing. although i hope we all do. but currently im using it now to secure our (wife and i) future with as little risk as possible.
 
so on average for the last few years i have generally spent more btc than i replace. at this stage in my life  i have changed some priorities and used btc profit to try and ensure a more than comfortable retirement (if all goes even close to well). we were at the point that retirement should go well for us anyway but its time to revisit that position and nail down a few potential lose ends. once im happy with that i will go back to accumulation. at least i hope to.

 

What about a situation if/when fiat goes 'south'. All calculations would be out of the window, then.
IMHO, we are within 5 years of , perhaps, a low double digit inflation episode.
What then?
vapourminer
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what is this "brake pedal" you speak of?


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September 08, 2018, 04:48:28 PM
Last edit: September 08, 2018, 07:40:23 PM by vapourminer
Merited by yefi (1), Dunkelheit667 (1), nanobtc (1)

What about a situation if/when fiat goes 'south'. All calculations would be out of the window, then.
IMHO, we are within 5 years of , perhaps, a low double digit inflation episode.
What then?

as i said, i have and continue to make/modify plans that take into account worse case scenarios, at least as far as i am able. the potential failure of fiat is included in those plans. but, so is the failure of btc.

personally i am quite confident in btc rising in value. but i wont stake our future on just btc. or just fiat. we need to survive either ones failure. and even then its possible both will fail. thats my biggest worry, both go south. but its possible to survive that too, if you have enough things of value that can be traded for whatever is needed.

btc, fiat, physical holdings. one fails, no biggie, but annoying. two fail, well thats gonna hurt but its still possible to survive ok, although it will almost certainly suck a lot. but it still beats being homeless, starving and depending on others. all three fail? well, it was fun while it lasted. hopefully one has knowledge or skills that are in demand.

its not that simple of course, but thats my general view.



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September 08, 2018, 05:51:24 PM

Here we go!  Orders triggering  Grin
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September 08, 2018, 05:53:09 PM

And down we go Sad
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September 08, 2018, 05:59:21 PM

And down we go Sad
Don’t like seeing the CAP goes under 200.000.000$ but BTC dominance up 55.4% So we have to look like Thats cheering us up  Roll Eyes
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September 08, 2018, 06:07:51 PM

And down we go Sad
Don’t like seeing the CAP goes under 200.000.000$ but BTC dominance up 55.4% So we have to look like Thats cheering us up  Roll Eyes

I’m going to release some fiat this week & start buying again. I haven’t bought since 2015. I’ve just been HODLING.
I think considering we hit nearly $20,000 & have now fallen to $6,000 this represents a GREAT time to buy now. I think we’ll hit $50,000 not long after the halving so buying now you will make nearly over 10 x your investment if you buy now.

I’m definitely going to buy MOAR if we stay in this price range.
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September 08, 2018, 06:15:53 PM

And down we go Sad
Don’t like seeing the CAP goes under 200.000.000$ but BTC dominance up 55.4% So we have to look like Thats cheering us up  Roll Eyes

I’m going to release some fiat this week & start buying again. I haven’t bought since 2015. I’ve just been HODLING.
I think considering we hit nearly $20,000 & have now fallen to $6,000 this represents a GREAT time to buy now. I think we’ll hit $50,000 not long after the halving so buying now you will make nearly over 10 x your investment if you buy now.

I’m definitely going to buy MOAR if we stay in this price range.

Yeah the buying oppertunity is very good and buy all the way till bottom.... collecting Some small amount of my stack if we go to your bottom  Roll Eyes
If Thats the case you should invite me for Liverpool game
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September 08, 2018, 06:18:56 PM

And down we go Sad
Don’t like seeing the CAP goes under 200.000.000$ but BTC dominance up 55.4% So we have to look like Thats cheering us up  Roll Eyes

I’m going to release some fiat this week & start buying again. I haven’t bought since 2015. I’ve just been HODLING.
I think considering we hit nearly $20,000 & have now fallen to $6,000 this represents a GREAT time to buy now. I think we’ll hit $50,000 not long after the halving so buying now you will make nearly over 10 x your investment if you buy now.

I’m definitely going to buy MOAR if we stay in this price range.

Yeah the buying oppertunity is very good and buy all the way till bottom.... collecting Some small amount of my stack if we go to your bottom  Roll Eyes
If Thats the case you should invite me for Liverpool game

Yeah definitely!
I know a guy that has many tickets for every game, home & away. He has hospitality tickets too. I have been in Adam Lallana’s hospitality box & kicked a ball around with his little son (you get drinks included & a 4 course meal).
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September 08, 2018, 06:20:36 PM



That's us banging on the trend line @ $1000 since March 2017.    I'm not sure its significant however.
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September 08, 2018, 06:21:06 PM

Should I start swing-trading?

How many times did we now exceed 7k for 1-2 days just to fall back to 6-6,5k ?

My next hopes are set out for the Halving in 2020 ...

Yes, you should be trading. The more pessimistic the better. Hodling has been a suckers game all year. Look to it.

I really hope I did some good here.
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September 08, 2018, 06:23:44 PM
Merited by LFC_Bitcoin (1)

And down we go Sad
Don’t like seeing the CAP goes under 200.000.000$ but BTC dominance up 55.4% So we have to look like Thats cheering us up  Roll Eyes

I’m going to release some fiat this week & start buying again. I haven’t bought since 2015. I’ve just been HODLING.
I think considering we hit nearly $20,000 & have now fallen to $6,000 this represents a GREAT time to buy now. I think we’ll hit $50,000 not long after the halving so buying now you will make nearly over 10 x your investment if you buy now.

I’m definitely going to buy MOAR if we stay in this price range.

Yeah the buying oppertunity is very good and buy all the way till bottom.... collecting Some small amount of my stack if we go to your bottom  Roll Eyes
If Thats the case you should invite me for Liverpool game

Yeah definitely!
I know a guy that has many tickets for every game, home & away. He has hospitality tickets too. I have been in Adam Lallana’s hospitality box & kicked a ball around with his little son (you get drinks included & a 4 course meal).
Thats very Nice ..... in belgium with Anderlecht i also went on This kind of things cause me GF stephbrothers played there ... at This moment transferd to a diffrent team.... but its nothing compared with Engeland teams offcourse SO count me in When the time i there  Grin
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September 08, 2018, 06:26:28 PM
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I think we all have to accept that last year was a wild fucking ride. Bitcoin has & does have wild swings when we fall massive %’s from ATH’s.

Somebody posted a graph before showing the crashes we’ve had in % form from every ATH so far.

Stay strong & HODL, we will find a bottom & in a year or two we’ll reach a new ATH.

HODL!!!!!
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September 08, 2018, 06:26:30 PM

Today with This down Going i am taking iT easy as we speak its a BURGER resto @ the moment with a wine of the burgerhouse..............  Shocked
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September 08, 2018, 06:28:13 PM

I think we all have to accept that last year was a wild fucking ride. Bitcoin has & does have wild swings when we fall massive %’s from ATH’s.

Somebody posted a graph before showing the crashes we’ve had in % form from every ATH so far.

Stay strong & HODL, we will find a bottom & in a year or two we’ll reach a new ATH.

HODL!!!!!
Why do you force me sending the last Smerit right back @you  Wink
Lol
And cheers This evening hodl-brother
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September 08, 2018, 06:32:11 PM

I think we all have to accept that last year was a wild fucking ride. Bitcoin has & does have wild swings when we fall massive %’s from ATH’s.

Somebody posted a graph before showing the crashes we’ve had in % form from every ATH so far.

Stay strong & HODL, we will find a bottom & in a year or two we’ll reach a new ATH.

HODL!!!!!
Why do you force me sending the last Smerit right back @you  Wink
Lol
And cheers This evening hodl-brother

Have a good night bro!
Try not to check the price too much & chill. I’m just about to watch England vs Spain, quiet night for me.
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September 08, 2018, 06:36:15 PM
Merited by LFC_Bitcoin (1)

I think we all have to accept that last year was a wild fucking ride. Bitcoin has & does have wild swings when we fall massive %’s from ATH’s.

Somebody posted a graph before showing the crashes we’ve had in % form from every ATH so far.

Stay strong & HODL, we will find a bottom & in a year or two we’ll reach a new ATH.

HODL!!!!!


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