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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 42 (37.5%)
No - 70 (62.5%)
Total Voters: 112

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25490693 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. (158 posts by 14 users with 9 merit deleted.)
JayJuanGee
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March 16, 2019, 02:57:06 AM

re: infofronts "fuckyoucoiner" poll

my answer is based on todays value of ~$4k USD.

voted 200-499
[...]


I just did a "firecalc" for 1.5 million. Spending level of $58k. 95.8% success rate with at least 100k left over after 30 years, based on 118 total cycles, of which 5 failed. That's 3.91% of the starting portfolio.

I think that's pretty much fuckyou money, in addition to any other income you may have. Again, depends on your level of expenses. I voted a little higher, just in case.

...

realistically, in fiat terms, 10 mil is about the minimum amount for "real" fuck you money. imo of course. and even then stupidity can wipe that out fast.  

You likely realize that I picked the same, and my reasons are a bit different from yours, but very similar.

...

Based on your ending comment:  "realistically, in fiat terms, 10 mil is about the minimum amount for "real" fuck you money. imo of course. and even then stupidity can wipe that out fast."  I am thinking that you might be more afraid of yourself, than I am?  hahahahahahahaha

Edit:  By the way, as I type this post, it appears that the test of $4k is imminent.  Or do we have another false alarm?

Don't forget celebrities and sports athletes, like some champion boxers, earned $300 million, only to declare bankruptcy a few years later. This likely happened because of a lifestyle that needed $400k per month just to sustain it, not to mention all the sharks surrounding him trying to get a chunk out of the money.

The real trick is to spend less than you make. Then it's only a matter of time.

If you spend as much as you make, or even more than you make (getting into debt), then you're being fucked by everyone else.

Perhaps, you and I are largely on the same page here, Dabs, in terms of the theoretical issue and the solution, which is to live within less than your means.

So of course a lot of Celebritities will let matters get waaaay out of hand.

A similar phenomenon is likely to happen to anyone who get's rich fairly quickly and does not really have a chance to figure out good habits of living within your means.

I hav practiced such living within my means and also having at least a minimum of 10% of my income go towards investments for more than 30 years, so I both have a lot of practice and a lot of confidence in myself to keep a handle on income as compared with how much I can spend or feel comfortable spending.

So, yeah, getting rich too quick and then perhaps leaving financial matters with people who may be engaged in gouging might not be helpful, either.  If you are really rich, and if you do not know about managing finances, then it would seem quite prudent to hire someone to teach you some basic tactics, yet probably rich people do hire financial people who are disincentivized to teach themselves out of a job. 

I say, $5m is a more than decent amount to consider it fuck you money, considering what a lot of people here make.  That means 5 BTC is all you need in about 5 years or less. Smiley

For reasons that I described in my previous post about passive income management, I have described $1million as a bare basic minimum entry point because it can generate about $3,333 of passive income per month.  Of course, if you want a cushion then moar is always better.  I am not sure how many years it would take for 5BTC to suffice, but I suppose by the time, BTC reaches $1million per BTC, then the dollar might be so ravaged, that it may will take 5x more income just to get to entry level fuck you status.. and maybe 5BTC would suffice?     

Currently, I speculate that John McAfee is going to have to eat his dick and a minimum of two halvenings before peaking to $1million per bitcoin.   and even then, I doubt that any price like that would be sustainable for at least another 5 more years upon first reaching it.  On the other hand, surely there are a lot of decent theories of triggering events that could cause BTC to  reach such levels sooner.. but I am going to give it 2 halvenings minimum before we see an actual $1million bitcoin. By the way, another scenario could be that selling a decent amount (maybe 10% or more) at $888,888.88 would be prudent upon the first time attempting to reach or breach $1million, because we could end up having a several year correction before actually breaching $1million...  assuming that some semblance of past BTC price performance patterns (fractals) continue to play out into BTC's future.

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jojo69
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March 16, 2019, 03:42:35 AM

up we go
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March 16, 2019, 03:42:55 AM

Earwigo
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March 16, 2019, 03:45:48 AM

Pamp it - 15 minute chart.  We need to hold above $3945.  



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March 16, 2019, 03:47:02 AM

Nice...resistance crushed.

4h
JayJuanGee
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March 16, 2019, 03:50:01 AM

Nice...resistance crushed.

Exactly.  Very easy to crush something that wasn't there, except in theory and/or according to "charts".    Cheesy Cheesy Cheesy Cheesy  in other words, imaginary.   Tongue Tongue
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March 16, 2019, 03:57:28 AM
Merited by 600watt (1)

If we can hold this, we have broken the back of the bear market.
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March 16, 2019, 03:59:31 AM
Merited by mindrust (2), Hueristic (1), nutildah (1)

</racist shit>

Saying all muslims deserve to be killed because they have a few murderous psychos is like saying all white people deserve to be killed because we have a few murderous psychos. All the psychos deserve each other and I wish they would be considerate enough to only murder each other.
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March 16, 2019, 03:59:42 AM

thought we'd done the https://www.politicalcompass.org/test
it's not perfect, but quite thought-provoking
i always come out more wishy-washy than i'd like to imagine myself (The Khan was a pussy blahblah)
will do it later and might publish here
off to a coffee-morning for the homeless smh

https://www.politicalcompass.org/analysis2?ec=-7.13&soc=-5.13

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March 16, 2019, 04:01:09 AM
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Nice...resistance crushed.

Exactly.  Very easy to crush something that wasn't there, except in theory and/or according to "charts".    Cheesy Cheesy Cheesy Cheesy  in other words, imaginary.   Tongue Tongue

Basically you are correct JJG. I think you are in the market deep enough to know how thin it truly is. A moderate amount of coin can slosh things around quite nicely.

-----

If we can hold this, we have broken the back of the bear market.

Much to early but I like where your going with this...tell us more.

-----

Now we find out what kind of support is out there.
1h
jojo69
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1/21000000 , the only math you need to know


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March 16, 2019, 04:02:42 AM

If we can hold this, we have broken the back of the bear market.

you heard it here folks
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March 16, 2019, 04:05:53 AM

If we can hold this, we have broken the back of the bear market.

you heard it here folks
12 month downtrend already broke today IMO.
Hueristic
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March 16, 2019, 04:06:03 AM

PuuuuuuuuuuuuuuuuuumP

CBOE has stopped offering futures because of low volume.

Good news.

Scam over, dump complete.
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March 16, 2019, 04:09:14 AM

If we can hold this, we have broken the back of the bear market.

you heard it here folks

Okay, I'm buying in.
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March 16, 2019, 04:10:18 AM

</hyperbolic nonsense>
You, good sir or madam, are a liar. I never said any such thing.
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March 16, 2019, 04:12:19 AM

</hyperbolic nonsense>
You, good sir or madam, are a liar. I never said any such thing.
Forgive me for misinterpreting, that was my understanding of your prose. Such nested quote wars are hard to follow.
JayJuanGee
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March 16, 2019, 04:14:34 AM

If we can hold this, we have broken the back of the bear market.

Oh my!!!!

So early?

I am not giving up on my three reversal scenarios, so easily.  Call me stubborn or call me a lagging indicator.  Tongue Tongue
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March 16, 2019, 04:14:47 AM

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March 16, 2019, 04:15:47 AM

I would call that Bukovinian attire.  They may be Russian but... you would be more likely to find that pattern in Hungary or Romania imho
I'm sure you're wrong, buddy. The colors are traditional. But I also know that Hungary and Romania have similar national costumes.

  I'm not sure you understood that I was politely doubting that these were Russian women.  It seems to me that we are in agreement otherwise as these traditional outfits predate the current national boundaries.  There are many Hungarian-speaking people (over 1 million) within present-day Romania.

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March 16, 2019, 04:16:26 AM

</hyperbolic nonsense>
You, good sir or madam, are a liar. I never said any such thing.
Forgive me for misinterpreting, that was my understanding of your prose. Such nested quote wars are hard to follow.
There has never been peace between muslim and christian nations. There has merely been an inability for them to attack us for a handful of decades.

As has been noted, christianity is the only all-inclusive abrahamic religion. This makes it the best of them all by leftist ideals. They should be embracing it and shunning the suicide bomber, not condemning those who fight on their behalf.
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