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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21330914 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. (104 posts by 20 users deleted.)
JayJuanGee
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How much alt coin diversification is needed? 0%?


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July 25, 2019, 03:15:59 PM

So, yeah, I was kind of kicking myself for having to sell 3.5% of my bitcoin, and I ended up making such sale around $4k on average. Over subsequent months and until about April 1 (before the BTC price boom), I was able to repurchase about 25% of those sold coins for at or below the sale price, but I still had kind of kicking myself for taking a gamble that did not really pay off and forced me to sell a portion of my stash at a time that was somewhat inconvenient for me, also based on the dip in BTC price, too.

i always treated btc as a "sold as needed" thing and the price you got at the time was the price you got. no trying to time stuff, the point was to get fiat for some goal.

as im doing now.  for reasons, im selling a not insignificant part of my stack. my financial guy and i met and we decided to activate one plan now, well ahead of schedule.

*achievement unlocked*


so because of the amount im selling, i personally feel i can call 9-10k price as near bottom.

I am not quite to that stage of comfort with my BTC investment.  I think that I am getting close to that, though.

I am anticipating that the amount of extra fiat that I will need on a regular basis in the future will reasonably be covered by 1% per quarter sales of my total BTC portfolio value.   

I had thought that I had almost reached that stage of comfort in BTC because tentatively I was going to be o.k with selling at the bottom when the bottom in late 2018 was still above $6k, but when the bottom suddenly dropped below $6k (almost in half), then I got a bit irritated with myself at that time for kind of presuming that the bottom was "in" and such bottom was still above my don't give any shits threshold. 
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bkbirge
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July 25, 2019, 03:24:01 PM

That's a lot of coin!
https://whale-alert.io/transaction/bitcoin/9764816a81cdd42407355caf93c2cbeb8c4d5b605a400295aa1ff683bec3322f
Phil_S
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We choose to go to the moon


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July 25, 2019, 03:29:16 PM
Merited by makrospex (1), VB1001 (1)

We should have some games. Dunno what, just something to pass the time.


OK then.

Here's the game: guess WHEN, win 5 merits.


fillippone
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July 25, 2019, 03:30:42 PM
Last edit: July 25, 2019, 04:01:51 PM by fillippone

We should have some games. Dunno what, just something to pass the time.


OK then.

Here's the game: guess WHEN, win 5 merits.



2001

West 42 St. and eighth Ave

EDIT: It's OCt 2001
Pamoldar
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July 25, 2019, 03:31:16 PM

Here's the game: guess WHEN, win 5 merits.




Sometimes in between 2000 to 2001
gentlemand
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July 25, 2019, 03:36:21 PM
Merited by jbreher (1)

OK then.

Here's the game: guess WHEN, win 5 merits.

That reminds me of all those Windows 7 parties I threw back in the day. Truly amazing times.

https://www.youtube.com/watch?v=1cX4t5-YpHQ

I even paid more black people to attend than that one.
VB1001
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July 25, 2019, 03:41:06 PM

JP Morgan Admits Dollar's Doomed Reserve Status to Unwittingly Cheer Bitcoin

Quote
The US dollar is at risk of losing its status as the world’s dominant currency. That’s according to one strategist at JP Morgan’s private bank who is advising wealthy clients cut their dollar holdings in half.

“We believe the dollar could lose its status as the world’s dominant currency (which could see it depreciate over the medium term).”

https://blog.total.exchange/2019/07/25/jp-morgan-admits-dollars-doomed-reserve-status-to-unwittingly-cheer-bitcoin/
JayJuanGee
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July 25, 2019, 03:45:32 PM

https://mobile.twitter.com/UglyOldGoat1/status/1154169121069658112?s=20

Tyler, hyperwave... is gone.

I didn't like his opinions lately but I still feel bad. R.I.P.

Wow... seems to be legit news, and a surprise too.

Surely, he only entered the bitcoin space in very recent times, less than 2 years, and surely had already made a name for himself with his hyperwave analysis.  I am saddened to think about it, and to think about how suddenly any of us might be taken from the space of the living.


Edit

@jjg
@mic

I'll get back to you guys. In a few hours after work. :d These wall o texts ain't easy to read while at work.

You see what I am trying to say?  Mindrust is very busy making money, and can't be screwing around thinking about bitcoin things all day long.   No rush.....
LFC_Bitcoin
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July 25, 2019, 03:49:32 PM

It’s May 2001
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July 25, 2019, 03:52:29 PM

OK then.

Here's the game: guess WHEN, win 5 merits.




October 2002.
VB1001
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July 25, 2019, 04:06:20 PM

We should have some games. Dunno what, just something to pass the time.


OK then.

Here's the game: guess WHEN, win 5 merits.




Oct-2001
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July 25, 2019, 04:26:40 PM

<snip>
Damn!
I am always out of sMerits.
Pamoldar
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July 25, 2019, 04:29:23 PM

Phill just dumped us.
It was photoshoped 🤪
LFC_Bitcoin
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July 25, 2019, 04:31:39 PM

Phill just dumped us.
It was photoshoped 🤪

Where’s that fucking DeMerit button?

Wink

Going for a walk in this 35 degree heat, might stop for a pint on the way back Cheesy
jojo69
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July 25, 2019, 04:34:47 PM

Who would have ever thunk, just a year ago or less that regular normies are going to start to get some real ideas about how bitcoin is different from the 2,000 plus shit coins and ICO snake oil salesman bullshit, including all shit coins, libra, ether, the bcashes, ripple or whatever other phoney baloneys are out their in btc wannabe status or sometimes like eth saying that they offer something different from btc, which ends up rising to the level of crap at best and scam in a worse case scenario.

I think in retrospect this Libra proposal is going to be looked back on as the thing that pushed Bitcoin over a particular hump. It has forced an awful lot of influential people to pause and consider what crypto actually is when they hadn't bothered before.

Throughout these hearings there's been a definite paucity of disdain for BTC.

Least expected bit - https://www.youtube.com/watch?v=vf1dym16poc

VB1001
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July 25, 2019, 04:52:05 PM


https://twitter.com/cryptochaseio/status/1153448894451376128
Phil_S
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July 25, 2019, 04:58:00 PM

One of the guesses is pretty close!
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July 25, 2019, 05:01:30 PM

September 2002. Grin
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July 25, 2019, 05:04:46 PM

https://mobile.twitter.com/UglyOldGoat1/status/1154169121069658112?s=20

Tyler, hyperwave... is gone.

I didn't like his opinions lately but I still feel bad. R.I.P.
Thank you for the information I was not aware of that.  Undecided
Sad news  Embarrassed
VB1001
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July 25, 2019, 05:12:52 PM

One of the guesses is pretty close!

October 25, 2001 Wink
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