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Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25891771 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 5 users with 9 merit deleted.)
eddie13
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BTC or BUST


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January 19, 2020, 08:33:38 PM


Serves that douchebag fiat paper shill right..
1670568805
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Raja_MBZ
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January 19, 2020, 08:35:40 PM



Meanwhile, in Sudan:



https://twitter.com/AleZ2016/status/1218869472464965633
LUCKMCFLY
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Leading Crypto Sports Betting & Casino Platform


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January 19, 2020, 08:37:41 PM

Bitcoin at $10k would not be bad at all.

Quote
As long as $8400 holds there is nothing to worry about.

$10K still in play.

$BTC


Via Twitter: https://twitter.com/galaxyBTC/status/1218854975968772096

Quote
This rally marked a significant extension of the upwards momentum that the cryptocurrency incurred earlier this month when it began rallying from lows of $6,800.

Source: https://cryptonewmedia.press/2020/01/19/bitcoin-highly-bullish-despite-selloff-heres-what-could-propel-it-to-10000/?utm_source=dlvr.it&utm_medium=twitter
Biodom
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January 19, 2020, 08:39:50 PM


I agree with description, but wallet management is tough, especially if you did not use the wallet for a few years.
We think that we remember/record everything right, but sometimes we make mistakes (especially if trying to memorize something).
Memory plays games from time to time.
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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January 19, 2020, 08:42:11 PM

Nice. Already 25% increase from the 15th-20th December. The next target 18th January. Maybe a day more or less. Will consider to take some profits.
Told ya! Target 18th January! It worked like a magic! JuanGee, do you believe now in this theory? Or still sceptical?

You are a fucking diptwat.

I will say that.. reason: because you mentioned my name  along with your stupid-ass numerology, phoney baloney. 

You are just waiting to get fucked up the ass.

Bob has not been feeling too good recently, so if he does not want to sacrifice one for the team, we might have to find another willing one.. .    Roll Eyes Roll Eyes
El duderino_
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Observing No-Coiners.


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January 19, 2020, 08:42:53 PM


This is complete pain, horror, madness for my eyes.... evening ruined  Undecided
ssmc2
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January 19, 2020, 08:43:56 PM


I agree with description, but wallet management is tough, especially if you did not use the wallet for a few years.
We think that we remember/record everything right, but sometimes we make mistakes (especially if trying to memorize something).
Memory plays games from time to time.

Anyone who is interested in getting into BTC should get a hardware wallet and follow the instructions. Schiff wouldn't have had to tweet that if he had.
LFC_Bitcoin
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1st licensed crypto casino; the future of gaming.


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January 19, 2020, 08:44:46 PM


No animal should be kept in captivity unless it’s a conservation type thing, to protect a species in low numbers.
AlcoHoDL
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Addicted to HoDLing!


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January 19, 2020, 08:47:49 PM

Ridiculous: Peter Schiff Lost Access To His Bitcoin Holdings

From Twitter:
Quote
I just lost all the #Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea I was too stupid and incompetent to be able to handle a Bitcoin wallet and keep a backup of my seed, I just never realized it was this bad what the hell I was doing all this time, but it's all good because the coins I lost will make Bitcoin more scarce and the smart BTC HoDLers will all benefit!

FTF him.
Raja_MBZ
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January 19, 2020, 08:52:25 PM


TBH, I wish I could lock up the corrupt politicians of Sudan inside that cage so that those two may fill their hunger.
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January 19, 2020, 09:02:22 PM

Nice. Already 25% increase from the 15th-20th December. The next target 18th January. Maybe a day more or less. Will consider to take some profits.
Told ya! Target 18th January! It worked like a magic! JuanGee, do you believe now in this theory? Or still sceptical?

You are a fucking diptwat.

I will say that.. reason: because you mentioned my name  along with your stupid-ass numerology, phoney baloney.  

You are just waiting to get fucked up the ass.

Bob has not been feeling too good recently, so if he does not want to sacrifice one for the team, we might have to find another willing one.. .    Roll Eyes Roll Eyes
No, because you canot explain why is this stupid if it works?  Now it's the 2nd time in a row. That's not luck. I called only twice in 3 months, the bottom and now the top. Please explain why is it stupid?  I will shut my mouth when you guess the next bottom and the next top. But i don't think you have that knowledge or luck to giess that.
jbreher
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lose: unfind ... loose: untight


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January 19, 2020, 09:02:36 PM
Last edit: January 19, 2020, 09:13:49 PM by jbreher
Merited by vapourminer (1)


Let's say you come up with $1million as nice round number. Again, this could as low as $500K in some countries and just for a very modest lifestyle up to $5 million for US, with many years to live, and with a nice lifestyle.



Daym you need $5m to live in the US?

Wellllll...

The traditional financial advisor .. um ... advice is to plan on withdrawing 4% annually.

So 4% of $5M is $200K. Is that enough? Before taxes? It's an individual target.

Note that the 4% assumes normal retirement age and life expectancy. If retiring early or planning on living to 268 years of age, you might wanna reduce the percentage for calculation purposes.


I might have different assumptions about the traditional 4%, which I thought was meant to be a perpetually sustainable withdrawal rate because it is presumed that you are going to be able to average at least 4% per year returns (some years higher and some years lower).  So, 4% should even work for someone who lives to  268 years old.

Well, there are a lot of unspoken assumptions that go into the 4% figure. So, there are a lot of ways to skin this cat.

As for me, I value dollar-value a whole lot less than I value purchasing power. In order to be perpetual in terms of purchasing power, your return needs to outrun inflation by a factor of 4%. Which is a whole lot more than simple 4% per annum in dollar terms.

I would think that 'financial advisors' -- CFPs and the like -- have a fiduciary duty to forecast typical life expectancies into their recommendations. Accordingly, I believe the publicly broadcast 4% figure to factor in typical (e.g. 65) retirement, depleting all principal exactly by the day of expected death. Otherwise, their client would be 'leaving money on the table'. Literally. Plus, that is roughly the explicit disclaimer I have commonly heard attached to such advice.

But hey - it's just a wet finger held aloft in the wind. What is more important than the 4% figure is going through the exercise of deriving it, so you can tailor a plan to your own situation.
jbreher
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lose: unfind ... loose: untight


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January 19, 2020, 09:06:39 PM

if you invest into [BTC - ed], you really do not need to diversify

Unless, of course, the next FOMO rally brings on Blockalypse ][, leading to incoming investors being literally unable to buy due to tx time and tx cost, followed by them redirecting their investments to chains that actually work.
jbreher
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lose: unfind ... loose: untight


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January 19, 2020, 09:08:56 PM


It's certainly fair to state that Schiff misunderstands bitcoin. But in what way is he a fiat paper shill?
jbreher
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lose: unfind ... loose: untight


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January 19, 2020, 09:11:38 PM
Merited by Biodom (1)


I agree with description, but wallet management is tough, especially if you did not use the wallet for a few years.
We think that we remember/record everything right, but sometimes we make mistakes (especially if trying to memorize something).
Memory plays games from time to time.

Anyone who is interested in getting into BTC should get a hardware wallet and follow the instructions. Schiff wouldn't have had to tweet that if he had.

I dunno. If he can't retain a single password, how is he going to retain a 24-word recovery phrase?
jupiter9
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January 19, 2020, 09:11:46 PM

JayGee has aparently a prejudice about something he doesn't know. Maybe you heard from others that numerology or planets are pseudo science. You have been misslead. Peasants stay peasants unless they have a luck. So your only chance is to hodl because you don't have the knowledge. But you're lucky enough to be in btc.
Searing
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Clueless!


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January 19, 2020, 09:27:18 PM

BBC News - Bitcoin virtual currency reaches all-time high price
http://www.bbc.co.uk/news/technology-21601608



remember this?

That was like 8 months before I started. On Oct 18th, 2013..sometime during the day, BTC was $150 when I looked. Smiley

I miss my Newbie BTC Youth! The thrill of being absolutely 'clueless' on wtf you were doing and still making out like a bandit!

KNC Jupiter Miner arrived on 0ct 18th, 2013. I got it sopping wet full of water and parts floating inside. Dried it out. It was $5,131.80 USD.

Tried to turn it on, IT CAME WITH NO FRIGGING SWITCH, I was utterly befuddled.

Emailed them got a prompt reply to use a 'paper clip' and short out the PSU leads to the

computer cable for power to a computer motherboard.

Sat there 'stunned!'

I mean really, I paid the amount above for this beastie and it does not even have a 'frigging' switch!

 Closed my eyes, turned my head away for expected flash/explosion and of the certain 'bricking' of the device.

Worked fine, Ran like a top for a couple of years, till difficulty got to high on BTC vs electric. (considering BTC price now should have run it another 1/2 year!)

Best Miner I ever had par none for output and stability. Sometime during that day, I looked up the price of BTC it was $150 USD per BTC!

I think I made 1 BTC a day.

I 'long' for a return to those glory 'newbie' home mining days, but alas, they are gone forever.

Those were the days.
I had a pretty tidy return from this:

I bought 6 in all.


And then this:




Butterfly labs scam. I got a refund (i was a dumb newbie) and got the monarch upgrade because my 'supposed' 1-month arrival in June 2014 did would not have arrived

till Oct 31st, 2019 (got a jelly as the only thing left rather than count on a refund from BFL scum) so I was extremely lucky. ONE WEEK before the SEC shut down BFL they

tried to re-start refunds after 1 year late from when I was supposed to get my stuff...I was one of the few that week who got refunds ($8,230.00 something) (did I mention

I was a crazy newbie all in 3 days after learning about BTC?) after that week no more refunds in that to BFL's dismay the SEC shut them down. However, they let the BFL

corporation take the fall and got all the BFL owners got a nice BTC mining customers machines through summer and fall of 2014...Only fined $30k total for 3 I think individuals...nice scam

All the millions of BTC they got to keep! Because the corporation took the hit on all this, not the folks running the BFL corporation!

Anyway, I bought the KNC Jupiter on the 'slim' hope they were legit and somehow the end of 2014 'hoped' to recoup my BFL losses never to be seen again, I thought!

(KNChad line drawings on their order page for crying out loud) and so got way, way lucky.

Never buy an ASIC miner in the USA, the SEC will simply say after 1+ years 'what are you complaining about you got your device!...

damn, I was both stupid and lucky! Now I seem to have kept the 'stupid' part and lost all the lucky parts. Sad

Brad
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Viva Ut Vivas


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January 19, 2020, 09:35:22 PM
Merited by nutildah (1)

So frustrating!


I lost all of the gold I have ever owned. My map showing where I buried it was destroyed and somehow when I dug down where I think the gold was it was not there. So now not only is my gold intrinsically worthless; it has no market value either. I knew owning gold was a bad idea, I just never realized it was this bad!
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January 19, 2020, 09:44:05 PM
Merited by JimboToronto (1)


I agree with description, but wallet management is tough, especially if you did not use the wallet for a few years.
We think that we remember/record everything right, but sometimes we make mistakes (especially if trying to memorize something).
Memory plays games from time to time.

Anyone who is interested in getting into BTC should get a hardware wallet and follow the instructions. Schiff wouldn't have had to tweet that if he had.
OR just make a free paper wallet, or 100 000 000 free paper wallets.
Hyperjacked
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It's all mathematics...!


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January 19, 2020, 09:47:50 PM

Lol of the day:

Ridiculous: Peter Schiff Lost Access To His Bitcoin Holdings

Quote

The popular economist and well-known nocoiner, Peter Schiff, has said that he’s lost all of his bitcoins because of a forgotten software. He took his rant to Twitter, outlining that the lost bitcoin has no market value, on top of having no intrinsic value as well.


From Twitter:
Quote

I just lost all the #Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad!

https://twitter.com/peterschiff/status/1218911797626847234?s=21

I had a boating accident, someone else had a kebab incident... he had a software accident!

Dat guy Peter Schiff planning in advance for paying no taxes in 2021/22 when he sells Cheesy

Dats ok peter...you still have your gold and silver stash safely stored in someone's else vault without the keys...
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