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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25466885 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.)
Last of the V8s
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August 06, 2020, 05:13:24 PM

https://twitter.com/Ian56789/status/1291394064475136000?s=20

is this faked or what?
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August 06, 2020, 05:22:21 PM

Fake.. as far as I know.
https://twitter.com/Iyervval/status/1291287021156098050?s=19
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August 06, 2020, 05:38:35 PM

Actually I do like Wikipedia, IIRC I've even donated some money to them (a long time ago). Not sure if they have a hidden agenda and all that conspiracy theory stuff, but I do enjoy their articles. In science/technology subjects (which I'm mostly interested in) they are OK.

I also have donated to Wikipedia but not recently since they won't accept anonymous contributions.

If you click on "Other Ways to Give", they accept Bitcoin but steer you to Bitpay instead of simply posting an address to make donations to.

Bitpay wants you to identify yourself. Screw that.
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August 06, 2020, 05:44:09 PM


You are not going to be a bit pissed off LFC because you had sold 75%-ish of your stash at around the $75k blow-off top fake out that might come around September/October-ish 2021?  because remember you were planning to buy back lower?  would you second guess that selling 75% might be a bit much at those lower prices, even though it will both bring you a lot of pleasure and it will lock in a lot of profits.. but then you end up missing another 3.5x?  Sure your 25% is still riding, so you would not have missed out everything, even though you are feeling pretty rich as fuck with your 75% cashing out.

JJG, I’ll be 35 by the time the supposed parabolic rise starts. I’d be more angry at myself for selling nothing at around $70,000 if we collapsed from there than I would be if I sold 75% before we get to $100,000 only to see us touch something ridiculously high like $200,000.

I took nothing during the last bull & these 4-5 years have been tough. I refuse to sit through another cycle without taking big money out.

Exactly this... hookers can't wait that long don't they?  Cool
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August 06, 2020, 06:01:08 PM

OT: China's xenophobic propaganda campaign in full swing now, lol.

https://www.youtube.com/watch?v=ZLg5JNA-TIs
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August 06, 2020, 06:04:13 PM

$13,000 by the end of the week? What odds are you giving me on that, hey?

Wink

13k are quite possible IMHO. I'd say ~35% likely. For JJG, I'd say 35.10332%

But I actually care more about a good rock-solid 12k than a flimsy 13k. Slow and steady wins the race Wink

You damned bear.   Tongue Tongue


Haven't been hearing much about your leveraged trading recently, d_eddie?

You don't got time for that?

Or are you just not sharing with us?

You gave it up for lent?
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August 06, 2020, 06:11:15 PM

morning peeps

Surprising strength being shown not only by Bitcoin but in other markets as well and I take this as a promising sign of things to come. I for one am tired of the call of the doomscrollers...ftft. Time to celebrate life and the summer sunshine...whilst practicing safe social distancing of course. #doyourownresearch 


4h


D

#stronghands
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August 06, 2020, 06:25:54 PM
Last edit: August 06, 2020, 06:45:11 PM by JayJuanGee


You are not going to be a bit pissed off LFC because you had sold 75%-ish of your stash at around the $75k blow-off top fake out that might come around September/October-ish 2021?  because remember you were planning to buy back lower?  would you second guess that selling 75% might be a bit much at those lower prices, even though it will both bring you a lot of pleasure and it will lock in a lot of profits.. but then you end up missing another 3.5x?  Sure your 25% is still riding, so you would not have missed out everything, even though you are feeling pretty rich as fuck with your 75% cashing out.

JJG, I’ll be 35 by the time the supposed parabolic rise starts. I’d be more angry at myself for selling nothing at around $70,000 if we collapsed from there than I would be if I sold 75% before we get to $100,000 only to see us touch something ridiculously high like $200,000.

I took nothing during the last bull & these 4-5 years have been tough. I refuse to sit through another cycle without taking big money out.

As long as you are comfortable, ultimately.

Of course, we are going to have to see how it all plays out, and surely I have not been suggesting to NOT take out anything.  Probably closer to my suggestion has been to take out a little bit all along.. especially once accumulation goals are met, then even maintenance can allow for a kind of ongoing removing of value along the way, so with my ONLY speculating about your details (and perhaps kind of having some decent ideas where you are at), I still remain inclined towards emphasizing incrementalism and beating you up about it (of course, just rhetorically) from time to time.  

Of course, in the stage of your life where you are at, finances/age or whatever, you still seem MOAR inclined towards accumulating than me, and I am more on the maintenance end of the spectrum... and I am less shy about various deviations into liquidations, here and there, too... So, surely, I had already made a representation that I had largely "over accumulated" in 2015-ish, so that also causes me less shyness in terms of liquidating a bit here and there.. and if you are not quite in that "over accumulation" phase, then you are going to look at aspects of the whole matter a bit differently from me... but I still will emphasize incrementalism, whether we are talking about you specifically or any other persons who are similarly situated.. which likely are a decent number of similarly-situated members who are actively participating in this thread or merely reading this thread.

Maybe I am a bit envious, too (don't read that as a hater, because I appreciate if some members might be doing better than me in terms of accounting for their age timeline or even other aspects of building their wealth through bitcoin), that you have already reached a kind of financial investment success (even by identifying and getting into bitcoin) that is outperforming any investment that I had been making in my 20s and 30s..? so there is that angle too.  

By the way, each of us recognize that there is a pretty BIG difference between building wealth on paper, and being able to really live it up from the proceeds of the investments that any of us has made by pulling some of the value out of one investment and putting it somewhere else, including having some comfort in holding decent amounts of extra wealth in cash because we have wealth in other areas that are actually working for us... so yeah, pulling out some wealth from bitcoin and putting it into other investments, keeping some in cash and using some on hookers, lambos and blow can all be reasonable steps, also including making other upgrades to the consumption level and standard of living are reasonable steps, too... so surely not meaning to assert those to be potentially prudent and reasonable planning strategies.

things heating up big time. I think BTC will hit ATH this month, before correction until Oct-November....
(snip...shitcoinery

....)

Jay’s gonna give you a wuppin for that.
You must be new here....

infofront (or maybe someone else?  Perhaps?) probably deleted the post, because I did not even see it... .. besides the snipped quote, here.

Edit:  I saw another later post, by the above-referenced dweeb....   Probably his days are numbered in this thread, if he cannot at least figure out some kind of more subtle way to weave-in his shitcoin pumpenings.. but we will see.. maybe he will convince us all to sell our BTC for his shitcoins?  Perhaps?  Anything is possible, almost.
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August 06, 2020, 06:28:50 PM
Merited by JayJuanGee (1)

I took nothing during the last bull & these 4-5 years have been tough. I refuse to sit through another cycle without taking big money out.

More like less than 3, but I get the feeling.
However, if you take 75% at 70K and btc goes to 261K, some would call you mindrust-lite for sure, but not me.
I say that everybody has their goals in life and it's good to follow through on those.

For you and others...it's all fun and games, but then I read this:
https://getpocket.com/explore/item/omniviolence-is-coming-and-the-world-isn-t-ready

what a bummer
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August 06, 2020, 06:34:16 PM

almost forgot...


fuck off jay    Cheesy


carry on
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August 06, 2020, 06:37:33 PM

oh. I been thinking it's Wednesday all day.
proof

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August 06, 2020, 06:39:05 PM
Merited by El duderino_ (2), JayJuanGee (1)

However, if you take 75% at 70K and btc goes to 261K, some would call you mindrust-lite for sure, but not me.
I say that everybody has their goals in life and it's good to follow through on those.

For you and others...it's all fun and games, but then I read this:
https://getpocket.com/explore/item/omniviolence-is-coming-and-the-world-isn-t-ready

All depends on how many coins you have. If I had 10,000 I would've been perfectly happy to get rid at any point in the last 3-4 years. $10 mil is more than serviceable. 200 mil works for me too.

I'd much rather get rid when things were relatively peaceful. I can't imagine exchange services will handle future mania any better than they have in the past, maybe considerably worse.

As for Omniviolence, whatever. Move to an island, live in a shielded shed and have an EMP going off every ten minutes if that's your thing.
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August 06, 2020, 06:54:22 PM

oh. I been thinking it's Wednesday all day.
proof



acceptable ..i have a fascination with freckles, moles and other areas of interest on nubile women I will admit...as well as vintage black and white photos and great...shoulders

Last of the V8s
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August 06, 2020, 07:03:59 PM

Think it must be Christmas Day
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August 06, 2020, 07:06:00 PM

oh. I been thinking it's Wednesday all day.
proof



acceptable ..i have a fascination with freckles, moles and other areas of interest on nubile women I will admit...as well as vintage black and white photos and great...shoulders



Hmm... fake doubleDs... nice!  Cool
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August 06, 2020, 07:12:17 PM

a bit before fake boobs or fake news...Betty was something else

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August 06, 2020, 07:14:00 PM

I took nothing during the last bull & these 4-5 years have been tough. I refuse to sit through another cycle without taking big money out.

More like less than 3, but I get the feeling.
However, if you take 75% at 70K and btc goes to 261K, some would call you mindrust-lite for sure, but not me.
I say that everybody has their goals in life and it's good to follow through on those.

I will admit that I enjoy harassing any member who shares some of his/her details in this thread, and that is part of the potential disadvantages of sharing information, especially anything that is somewhat specific... ...

Ultimately, any balance is going to be personally tailored (or at least it better be), but if any guy/gal here shares some somewhat specific details within this thread, they are more or less fair game for batting around the plusses and minuses of such planned strategies....  LFC does tend to be a good sport about it, including bearing with some of the repetition that comes through these public discussions... that he partly brings upon himself...  Tongue Tongue Tongue Tongue

Actually, there are likely a whole hell of a lot of examples of guys who sold way too many BTC too soon, but they do not tend to be lambasted when they are selling on the way up... and sometimes, the devil is in the details.. and we will have to see how LFC carries this out or if he discloses how he carries it out (even if he shares some of it after he had already done it a month earlier or some other purposefully delayed disclosure, if he chooses to do so).

I share a decent amount of my details too.. .. and I don't mind batting around ideas or disagreements about some of my details... and in a similar light, I don't really feel sorry for anyone who might get beaten up a bit regarding some of their details that they have chosen to disclose..   Many of us likely learn from these kinds of disclosures, and hopefully, the Opsec of members, is not really disclosed in very great details... or we can keep some of the details amorphous enough to facilitate some amounts of plausible deniability along the way.

almost forgot...


fuck off jay    Cheesy


carry on

I am so glad that you remembered me on my very special day... I mean, there are not even enough days in the week for every member to have his/her own very special day, now is there?

I am over-joyed....  cannot hardly contain my level of citteeeeee - keeping small letters for now.. I will play it off...

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August 06, 2020, 07:17:13 PM

Dude. Very few explosions mankind humankind has yet devised are more brissant than ANFO.

Reports are it was plain ol' AN, but maybe they stored diesel with the stockpile (I mean who stores fireworks next to it, anyway, right?)
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August 06, 2020, 07:19:37 PM

It only took 4 days to come back to 11 900. It's bullish.
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August 06, 2020, 07:33:55 PM
Merited by Torque (2), Globb0 (2), JayJuanGee (1), Last of the V8s (1), ivomm (1)

it has been mentioned in here before. it is not that bitcoin is getting more expensive but it is the shitty fiat that is already in hyper-inflation against bitcoin. since everyday regular stuff like food and consumer goods are so tangled up/interwoven in the fiat economy, those will also go into hyper-inflation vs fiat but they will be last.

we already see stocks decoupled from economic reality, rising and rising - despite of biggest global recession in history. they are not in hyper-inflation yet, but in inflation.

gold marking all time highs. historical. it is not in hyper-inflation yet, but inflating vs fiat for everyone to see.

real estate is getting absurdly expensive, same as luxury goods, and art.

they call it asset-price inflation, but in reality it is the beginning of a hyper-inflation shockwave.

the asset, that is the most decoupled from the fiat economy will get hit by the inflation first. which is of course bitcoin, a new decentralized asset class that is not controlled by central banks, banks and other traditional economic gate-keepers. because it is completely independent it will enter the hyper-inflation phase vs fiat first. and that will get very clear in the next run-up.

we will see a hyper-inflation event of varying velocities. that is the key my friends.

fiat money will not lose the battle against everything at once. it will lose battle after battle, well it is already losing battle after battle. the battle agains the hardest und most incorruptible money ever created - bitcoin - will be the first total defeat. the first unconditional surrender.

owning whole bitcoins is the best shield vs the inevitable collapse of the fiat system.

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