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Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22518074 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. (148 posts by 37 users deleted.)
erre
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March 12, 2019, 07:06:13 PM


Seems way more cumbersome than a cold storage, and still less secure. But I think that is exactly what bank needs. Normal people can instead just stop to use banks.
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1600963173
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Reply with quote  #2

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Findingnemo
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March 12, 2019, 07:20:19 PM


JSRAW
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March 12, 2019, 07:23:42 PM

~Snip~

I get a bit annoyed when I am reading posts on a phone, and even typing on a phone can be a bit cumbersome.  For example, it would be pretty rare that I would engage in extensive quoting attempts if I was working from a phone, but never say never... technologies evolve and I believe that I am still capable of learning some things.    Wink Wink

Regarding the above quote of me that you made, I am providing a synopsis of earlier points that I made, and even though there was some joking going on about someone who may have bought BTC at $20k, there can be some serious talking points with that subject matter, too. 

By the way, sometimes trolls will suggest a hypothetical situation of someone who bought at the top and is suffering immensely from such top purchase that supposedly occurred years before. 

That kind of buying at the top and getting stuck situation would be quite rare, in my thinking, but even if one were to find him/herself in a kind of comparable situation (of highly under water), there are a decent number of reasonable planning and strategies to attempt to improve the underwater position that are especially applicable in a seemingly foundationally strong asset such as bitcoin (but such strategies might not be even close to equally as prudent if underwater in some shitcoin(s)).

Yeah it's irritating sometimes but one can get used to it Cheesy I bought my first smartphone when I entered in crypto space, just to give you an example of how tech-savvy I am lol

Yeah, I noticed that I was spectating the topic like the rest of the members.

Joke or not, it was topic to debate because I know a good amount of peoples in my crypto circle who got in during the bull run and ended up buying ATH. And ironically I know minimum 5-6 guys personally as well who didn't take profits during the bull run at all and banging their head against the wall since last year. Stupid thing IMHO but shit happens.

I usually respect almost all trolls in this forum because they dedicate their all energy at only one cause (right or wrong depends on our perspective). This kind of dedication deserves some respect IMHO. some exceptions are always there, according to time or topic.
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March 12, 2019, 07:34:23 PM


Meh, we've already lived it.  Nice to see the "computer in tennis shoes" still making movies though; Kurt Russell is one of my favourite actors.
 
Last of the V8s
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March 12, 2019, 07:35:22 PM
Last edit: March 12, 2019, 08:04:57 PM by Last of the V8s

1215 called to remind us that a parliament is no way to run a kingdom.
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March 12, 2019, 07:40:20 PM

British MPs reject Brexit deal by 391 to 242 despite May securing changes to backstop

https://www.euronews.com/2019/03/12/watch-live-mps-set-to-debate-brexit-ahead-of-crucial-vote
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March 12, 2019, 07:43:01 PM

Just bought another £250 worth of BTC. Feasting on these cheap coins is too easy, I just can’t satisfy my hunger to keep eating them nom nom nom !!!!!

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March 12, 2019, 07:58:37 PM

[~sniped]

Ultimately, each of us has to figure out what is our plan in regards to BTC, and early on such plan would be to figure out your BTC to fiat ratios with also considering your other investments, cashflow, timeline, risk tolerance, view of bitcoin, etc.  

Thereafter, accumulate to reach your goal in a timeline that is suitable then go on to a maintenance phase.

At some point, some incremental selling of BTC would likely be prudent for insurance purposes (which would be preferable after you have already reached a maintenance rather than accumulation phase.. but HODLers are free to differ in their thinking about this), and larger scale selling of BTC for either enjoying the asset that you have already accumulated in a passive income kind of way or engaging in selling the principle, too, especially since none of us is going to live forever, and I would question the personal prudence of passing on an asset (referring to after death), such as bitcoin, to someone (including relatives and spouses) who would likely value it less than you (especially, if they did not go through the struggles to accumulate it).  I am not saying that NO value should be reserved for passing, but it would seem too antithetical to fail and refuse to enjoy decent amounts of fruits from your labor.. even if it is only a small percentage, every year or so.

Anyhow, as a basic financial prudence rule, once you have established a decently high stash of bitcoin in which you feel comfortable living off of about 4% of it's value per year in a kind of passive income flow, that means selling some in order to realize the 4% per year (or easier calculations of about 1% per quarter).  Of course, that level of BTC accumulation in which you perceive that living off of 4% per year is enough for your to meet all your expenses plus maintaining emergency funds will vary for individuals, and likely that level of BTC accumulation necessity would become lower, if BTC prices were to go up in an exponential way, which is not guaranteed, but could happen in similar ways as it has done historically and theoretically has decent odds of happening some more in the coming years.

Everyone certainly decides for themselves the percentage of their BTC and other wealth in their possession. The psychological phase of maintenance is different for each person (HODLer), but I think there is an average value and at the moment it is about $2500-$3000. That doesn't mean that if BTC costs $1 or $100 tomorrow, no one will buy it. This means that none of the HODLers will sell their BTC for $2500-$3000 and store them further.

I don't think any of the HODLers will live on the street or (God forbid) starve instead of selling 0.002% of their BTC, or tolerate something like that.  

And even if the price of BTC doesn't grow exponentially (which is very doubtful for me), BTC will still remain a reliable tool for saving!
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March 12, 2019, 08:08:47 PM

College admission scandal in US.
Dozens charged, probably hundreds more exist.

https://www.nytimes.com/2019/03/12/us/college-admissions-cheating-scandal.html
https://www.nytimes.com/2019/03/12/style/olivia-jade-giannulli-college-admissions-scandal.html

A kind of situation that is predictable in mostly fiat world.
Reeks of decadence, IMHO.
Bitcoin should fix this.

I wonder, why they need all those degrees when they have basically no use for them afterwards.
Do you really need a degree to expose your "assets" strategically (a la Kardashians)?
Just put on a fishnet or something.

BTW, will BA precipitate/initiate a bear market in stocks? I regret not buying puts at the end of the day yesterday.
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March 12, 2019, 09:09:28 PM

https://www.bloomberg.com/news/articles/2019-03-04/crytpo-brokerage-tagomi-gets-12-million-in-second-funding-round
https://twitter.com/pierre_rochard/status/1105544420030590976
https://twitter.com/wheatpond/status/1105546537680162816
Actually, the reason @tagomisystems and things like @arwensecure are important is that many institutions (esp. those with retail clients) are *required* to show that they are getting the best price possible when buying an asset on their client's behalf.

It is happening, slowly and quietly.
Stock up now before the institutions force the price up.
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HODL


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March 12, 2019, 09:14:29 PM


See how much profit you could make if you invested $100 in the BTC immediately after the coin appeared on the exchange and did not lose it later on.

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March 12, 2019, 09:25:44 PM

^repost^ Wink

inb4 fake?
https://www.spiked-online.com/2019/03/12/why-i-invented-titania-mcgrath/
previously https://www.spiked-online.com/2018/07/25/the-death-of-godfrey-elfwick/
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what is this "brake pedal" you speak of?


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March 12, 2019, 09:38:22 PM

My point is this thread is fun, but as I am relatively new here I still have to work out to understand how the attention span works here.

the object of this thread is to figure out the object of this thread.

kinda

sorta

well not really

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March 12, 2019, 09:39:27 PM


You guys sometimes post off-topic stuff so confidently that it actually starts to look like on-topic. Roll Eyes



Imagine having ZCash (ZEC) on that graph.
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March 12, 2019, 09:42:04 PM

Check this out:

Fiatleak.com has a new design and it is pretty hypnotizing to watch.



Muricans buying like there is no tomorrow. Cheesy

Sometimes JPY and CNY goes berserk too.
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March 12, 2019, 09:51:12 PM

1215 called to remind us that a parliament is no way to run a kingdom.

There were no phones in 1215.
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March 12, 2019, 09:55:40 PM



Imagine having ZCash (ZEC) on that graph.
Hmm, I like the picture I've been presenting!
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March 12, 2019, 09:56:40 PM

Ronaldooooo!
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March 12, 2019, 10:05:47 PM

Ronaldooooo!

Real Madrid are like a pub team without him Cheesy
Ronaldo = The GOAT? (Greatest Of All Time?)
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March 12, 2019, 10:09:36 PM

Ronaldooooo!

Yeah, long time i woke up and the first thing i wanna see wasn’t CORN price

I’m so happy to see JUVE going through and not atl m with their (lame football)
 
GoGoGo JUVEeeeeee ....... still didn’t watch the price, gonna do that now Wink
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