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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25460874 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. (157 posts by 13+ users deleted.)
JayJuanGee
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March 07, 2019, 12:39:30 AM

There isn't enough bitcoin for all of today's millionaires to own an entire bitcoin each.

We won't call them millionaires anymore though, they will be known as "wholecoiners".

Nice! And "multicoiners" if double digits.  Grin

I think that three or more meets the definition of multi-,but hey what do I know.  Double digits is some way higher levels, that's for sure.  The 21 club is becoming more and more prestigious, too.

heres to all of us reaching "fuckyoucoiner" levels.

That sounds like a poll in the making. "How many coins does it take to reach fuckyoucoiner levels?"

sounds good to me. im curious as to the numbers myself.

Agreed I am curious what people think.

Earlier, today, I made a claim that as a general principle, having 1,000 BTC would be sufficient, but I would like to revise my projected number of sufficient BTC "fuck you" money to 320.307495 BTC.  

I understand that active WO participants are going to have other projections and particular circumstances and justifications, but based on current BTC circumstances, that is my general "fit everyone" number as of today based on my beliefs about bitcoin, prudent financial strategies and what it takes for anyone to live comfortable in the modern world.  

The number will likely change with changes in the market conditions and/or changed beliefs about BTC fundamentals or prudent financial strategies..
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March 07, 2019, 12:43:02 AM

That sounds like a poll in the making. "How many coins does it take to reach fuckyoucoiner levels?"

sounds good to me. im curious as to the numbers myself.

Agreed I am curious what people think.

Earlier, today, I made a claim that as a general principle, having 1,000 BTC would be sufficient, but I would like to revise my projected number of sufficient BTC "fuck you" money to 320.307495 BTC.  

I understand that active WO participants are going to have other projections and particular circumstances and justifications, but based on current BTC circumstances, that is my general fit everyone number as of today based on my beliefs about bitcoin, prudent financial strategies and what it takes to live comfortable in the modern world.  

The number will likely change with changes in the market conditions and/or changed beliefs about BTC fundamentals or prudent financial strategies..
Are you basing your 320 BTC on today's price or future estimates? Because at today's valuation I wouldn't even consider that close to "fuck you money", unless you're into a very very simple life or very very old.
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March 07, 2019, 12:46:55 AM

I don't know.  What do you think?  Provide us with some analysis rather than just asking a question.  Do you have ideas?
I don't have much idea, more and more hope of increasing the price of Bitcoin. However, I think that when the Bitcoin price crosses this dynamic line, it will start moving towards $4200. Besides, I think we are already fixed above the 0.6 Fibonacci mark and should go to 0.7.

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March 07, 2019, 12:47:07 AM

There isn't enough bitcoin for all of today's millionaires to own an entire bitcoin each.

We won't call them millionaires anymore though, they will be known as "wholecoiners".

Nice! And "multicoiners" if double digits.  Grin

I think that three or more meets the definition of multi-,but hey what do I know.  Double digits is some way higher levels, that's for sure.  The 21 club is becoming more and more prestigious, too.

heres to all of us reaching "fuckyoucoiner" levels.

That sounds like a poll in the making. "How many coins does it take to reach fuckyoucoiner levels?"

sounds good to me. im curious as to the numbers myself.

FYC poll-good idea.
My 2c. the "f you money" was in the movies. Stated as $2.5 mil here:
https://www.youtube.com/watch?v=xdfeXqHFmPI
Somewhere expensive (Silly valley?) it could be more (maybe $10mil)

$2500000/$3860=648 BTC, only probably two-five thou people have that worldwide.
At 19780/btc it was 126 btc.
How times change.
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what is this "brake pedal" you speak of?


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March 07, 2019, 01:00:48 AM

~330.. ~650..

??

man the numbers im thinking of are considerably higher.. like at least 10k btc. as in $40 million USD. as a starting number.

am i THAT decadent?

i SUPPOSE i could deal with 10 million USD, so 2.5k btc. but man thats gonna cramp my style and really limit who i can say "fuckyou" to.

EDIT: using $4,000 USD to make maths easier
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March 07, 2019, 01:13:58 AM

I don't know.  What do you think?  Provide us with some analysis rather than just asking a question.  Do you have ideas?
I don't have much idea, more and more hope of increasing the price of Bitcoin. However, I think that when the Bitcoin price crosses this dynamic line, it will start moving towards $4200. Besides, I think we are already fixed above the 0.6 Fibonacci mark and should go to 0.7.


Any idea about timing? I also wait for a pullback but no idea about the time.
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March 07, 2019, 01:14:24 AM
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Good i’m living 7 hours @a different timezone, so i can live the small pumps and sleep the small dumps
Home its the other way around lately Smiley
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March 07, 2019, 01:44:10 AM

Good morning everyone, I slept last night and wake up now and still the price is good to my eyes.
Hopefully this will continue... Have a green day everyone!
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March 07, 2019, 01:51:43 AM

Good morning everyone, I slept last night and wake up now and still the price is good to my eyes.
Hopefully this will continue... Have a green day everyone!

So kind of same timezone you having there....
Let the day be as green as the phillipine nature is
That would be awesome Wink

Good morning as well brother-coiner(s)
JayJuanGee
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March 07, 2019, 01:57:11 AM

That sounds like a poll in the making. "How many coins does it take to reach fuckyoucoiner levels?"

sounds good to me. im curious as to the numbers myself.

Agreed I am curious what people think.

Earlier, today, I made a claim that as a general principle, having 1,000 BTC would be sufficient, but I would like to revise my projected number of sufficient BTC "fuck you" money to 320.307495 BTC.  

I understand that active WO participants are going to have other projections and particular circumstances and justifications, but based on current BTC circumstances, that is my general fit everyone number as of today based on my beliefs about bitcoin, prudent financial strategies and what it takes to live comfortable in the modern world.  

The number will likely change with changes in the market conditions and/or changed beliefs about BTC fundamentals or prudent financial strategies..
Are you basing your 320 BTC on today's price or future estimates? Because at today's valuation I wouldn't even consider that close to "fuck you money", unless you're into a very very simple life or very very old.

Hahahahaha

Thanks for asking, even though I can recognize that you are in a bit of a combative mood on this topic.   Tongue Tongue  I anticipate that some of your combativeness has to do with what I perceive to be your unrealistic expectations about both how much you need in order to reasonably live passively in terms of your "fuck you" definition.

You may be able to see that I feel some of my own oats, too, with some of my own self-righteousness on this topic, as well.

I am basing my 320.307495 BTC "fuck you" money on a kind of minimum amount that will put "any" person into a far above average expectation with 1) sufficient passive income possibilities to sustain our current storm and 2) decent future prospects, so long as such "any person" retains some flexibility to live within the means and the income generation of the 320.307495 BTC.

Of course, my level of "fuck you" does not suggest that you are going to be able to say "fuck you" to everyone at this moment, and/or to act with impunity because there are still going to be a lot of people who are way fucking more rich than you, at least for the moment, but instead the 320.307495 BTC will allow for you to live currently with a kind of modest lifestyle with a large amount of future income possibilities, based on your already have had established a 320.307495 BTC starting base in which you have enough for financial independence. 

Once you start with the 320.307495 BTC base, I presume that every quarter, you are going to cash out 1% of your BTC in order to pay for all living expenses, with a bit of a presumption that BTC is going to appreciate in value, on average, more than 4% per year in the coming years.

Of course, my suggested 320.307495 BTC amount is NOT fool proof, but I have a certain presumption that at this time, BTC is quite likely to appreciate in value considerably in the coming few years and also that even if $3,122 is not the exact bottom, any time that BTC spends below $3,122 is not going to significantly impact future passive living off of the 320.307495 BTC.

By the way, if you are curious about how I arrived at 320.307495 BTC, then let me tell you that $1million divided by our current local low BTC price of $3,122 = 320.307495 BTC. 

Accordingly, a largely baseline of $1million starts any person out with an annual passive income of $40k per year, which is $3,333 per month.  I presume that with BTC's likely increase in value in the coming years, your passive income is quite likely to be going up in coming years, even if the first few years of your "fuck you" status might be a bit more of a struggle with a mere piddly passive income of only $3,333 per month.  Many people would kill to have such a $3,333 level of passive income as their starting baseline income and to be removed from the ratt race, aka having to work. In the beginning, the only work that you would have to do with such $3,333 passive income is to manage your money and to live within your means.. otherwise you are free to do whatever the fuck you want.. aka "fuck you" status.   Tongue Tongue
JayJuanGee
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March 07, 2019, 02:01:24 AM

I don't know.  What do you think?  Provide us with some analysis rather than just asking a question.  Do you have ideas?
I don't have much idea, more and more hope of increasing the price of Bitcoin. However, I think that when the Bitcoin price crosses this dynamic line, it will start moving towards $4200. Besides, I think we are already fixed above the 0.6 Fibonacci mark and should go to 0.7.


Yeah, but even if BTC price breaks higher above these various price points that you mentioned (including .6 and subsquently .7 fibonacci levels), that does not signify that we are out of our current correction cycle, and therefore, there remain decently high chances (so long as BTC prices are below $6k-ish) that our current BTC price is within reasonable striking range of the $3,122 mid-December low that could be retested.
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March 07, 2019, 02:02:51 AM

the fuc is wrong with captchas on this board?
maybe I am a robot.

EDIT: f-n moron, presumably robot, does not know how buses look like.

https://bitcointalk.org/captcha_code.php

theymos made us a backdoor

that ain't working for me.
If I leave captcha out and simply login, it says: you have to solve captcha.
If I don't login and click on the link to php, then it says: you have to login.
catch-22.

stupid bicycles and buses never work anymore

~330.. ~650..

??

man the numbers im thinking of are considerably higher.. like at least 10k btc. as in $40 million USD. as a starting number.

am i THAT decadent?

i SUPPOSE i could deal with 10 million USD, so 2.5k btc. but man thats gonna cramp my style and really limit who i can say "fuckyou" to.

EDIT: using $4,000 USD to make maths easier

yes you are, pal, at least at these USD levels.
who has 10K btc? This is exchange type levels.
There are only maybe 100-200 people/entities with this kind of stash.
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March 07, 2019, 02:08:27 AM

Good morning everyone, I slept last night and wake up now and still the price is good to my eyes.
Hopefully this will continue... Have a green day everyone!

So kind of same timezone you having there....
Let the day be as green as the phillipine nature is
That would be awesome Wink

Good morning as well brother-coiner(s)
I'm not good with price analysis but I learned a lot in this thread.
Everytime I log in to this forum, I always made sure to look at this thread and see what's happening, seems like everyday there's fresher news
here that the sites I normally follow.

Love to be part of the most active thread in the forum, though my contribution is not so significant.  Sad
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March 07, 2019, 02:13:02 AM

Good morning everyone, I slept last night and wake up now and still the price is good to my eyes.
Hopefully this will continue... Have a green day everyone!

So kind of same timezone you having there....
Let the day be as green as the phillipine nature is
That would be awesome Wink

Good morning as well brother-coiner(s)
I'm not good with price analysis but I learned a lot in this thread.
Everytime I log in to this forum, I always made sure to look at this thread and see what's happening, seems like everyday there's fresher news
here that the sites I normally follow.

Love to be part of the most active thread in the forum, though my contribution is not so significant.  Sad

Same for me brother, i do pick up a lot here and love to be a part of this amazing WO-hat thread Wink

As we HODL-btc.... Then we already contribute (be a coiner is the most important i think)

Of to the out .... look for Some scooter to rent
Have an amazing day you Guys
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March 07, 2019, 02:18:31 AM
Merited by bitebits (1)

Selamat Hari Raya Nyepi! Today is Balinese day of silence (Nyepi) and mark of the new year according to the Hindu calendar with the new moon in March.
Basically nobody is allowed to go outside today. No cars or motorbikes, airport shutdown, no ambulances, no bright lights, loud noises or fires allowed and for the serious, meditation all day.
Essentially they believe that on this day a renewal of spirit happens and the old negative spirits (demons) will not leave if they see anyone to cling to.

I'm not quite as fanatic so I'll be quietly celebrating with beers at the pool and a BBQ. I will however release the spirit of the Bitcoin bear that it may go back into slumber for another time while we welcome in the new baby bull of 2019.
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March 07, 2019, 02:31:17 AM

Earlier, today, I made a claim that as a general principle, having 1,000 BTC would be sufficient

Let's check these fairview logs to see what JayJuanGee's bitcoin collection is doing.  Hmm, that's not very many shitcoins, but those bags are starting to age and looking pretty heavy now.  And, oh, it appears "cryptotourist" ain't no tourist!
JayJuanGee
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March 07, 2019, 02:35:38 AM

Earlier, today, I made a claim that as a general principle, having 1,000 BTC would be sufficient

Let's check these fairview logs to see what JayJuanGee's bitcoin collection is doing.  Hmm, that's not very many shitcoins, but those bags are starting to age and looking pretty heavy now.  And, oh, it appears "cryptotourist" ain't no tourist!

Huh?  Do you even logic?
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March 07, 2019, 02:38:29 AM

I get horrified and scared any time I see you guys talking about $100K or even $30K as if it was a SURE thing. What kind of capitulation is this?


After seeing the light I stopped capitulating. I will never capitulate again, unless of course, I'm wrong.

Anyone that has actually capitulated wouldn't even be here anymore. Smiley

Lots of weak men have been & gone - Only the strongest remain.

I’ll be directing the film, who wants to star in it?

I'll take a "Stan the Man Lee" cameo spot. Smiley
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March 07, 2019, 02:40:04 AM

Is Binance coin superior to Bitcoin Cash?



It's probably more liquid! Grin
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March 07, 2019, 02:41:53 AM

LastoftheV8TrilemmaShills is now filing FALSE REPORTS against me.  Anyone who has been in this thread knows for a fact that Bob was telling everyone to "hodl" at the top near $20k while he was dumping instead.  I don't feel like digging up the posts now (but I can if Bob didn't go back and edit them).  There is absolutely nothing in that post that isn't true:




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