Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[rdbase]

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."
Life is good.
Have a great weekend, gentlemen.

Say what you want, the guy brings color to these boards. Sadly, not only figuratively but also literally.
I wonder how nullius' posts look after a few mg of C₁₂H₁₇N₂O₄P  

I thought we were colorful enough as it is

But there does seem to be some kind of secret war going on with their posts and a moderator whom follows this WO thread closely.
They just might have a hat on.

If this ignoring nullius thing becomes a widely supported "popular" "mass" action, chances are he'll take it as a compliment...

Maybe a poll is in order. Ask infofront for approval after all: this is his bitch.
excuse my language in the thread must be too many cats on the brain

[friends1980]

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Life is good.

Have a great weekend, gentlemen.

try 2mg. It's still microdosing imho, but definitely less subtle than last time.
*This is not recreational advice*

About question 2: I keep asking myself since two days, too.
I decided NOT to engage ignore on him, if i'll read a post by nullius until monday and i'm NOT asking myself if i should finally hit ignore.

If this ignoring nullius thing becomes a widely supported "popular" "mass" action, chances are he'll take it as a compliment...

[JayJuanGee]

By the way Biodom, seems that I recently (wasn't it earlier today?) presented a hypothetical to you, and you have not yet responded...    

You mean where you were talking REALLY big numbers?
I am not planning to sell any bitcoin...
Instead, I re-positioned some cash toward GBTC in ret accounts.
I will try to sell GBTC at the peak (if I manage to do it), then simply use retirement monies to supplement dialed-down work, nothing fancy...aka no 50-100 acre spreads.
Maybe a McClaren, though...I kid, I kid...but the idea of pipping Bob to it is moderately amusing.

I mean we are still getting back to a point in which peeps might conclude differently regarding how much income they need to either maintain their current standard of living versus increasing some of their consumption based on increased wealth.  

So, if you believe that your income is going down because your active earnings are going down (which seems to be somewhat within your choice to reduce your labor, too), then surely remains discretionary whether you draw from retirement funds or continue to let them ride - in the event that you can increase your cashflow through labor or if you can reduce some of your living expenses in order NOT to have to draw from retirement funds.

Surely, you and I have been batting back and forth about how much we can bank upon bitcoin prices going up in the short to medium term, including whether we might act to our detriment to become overly reliant upon BTC prices going up, and thereby become disappointed in the event that BTC prices do not go up in any amount close to our expectations.

I believe that I had been trying to remove such expectations from the formula by suggesting to base calculations upon the 208 week moving average rather than making calculations based on where current prices are or where they might go... so in some sense, placing a lot of reliance on current BTC prices and where they might go presumes a possibility of cashing out some BTC or a lot of BTC in order to assist with reaching cashflow goals.

Even though the 208 week moving average is going to benefit from short term BTC price movements - I still believe that it is a better measurement to attempt to remove short to medium price concerns - unless you are making plans to sell some increasing amounts of your BTC in order to attempt to meet your cashflow and/or capital goals.

Of course, you have acknowledged that my statement of my BTC plan involves scraping off some BTC along the way, no matter what in the event that the BTC price goes up - and I would also include myself in considerations of whether I might find it in my interest to shave off a wee bit more BTC than what is in my regular plan in the event that some kind of blow off top seems to be in progress.  So, surely, I might, as well, adjust my behavior a bit in the direction of selling more (as a kind of lump sum percentage) during this particular blow off top than I had done in the 2017 blow off top to $19,666.  

By the way, I had noticed that if we get to $19,666 this time around, I have way more in BTC (as a percentage compared with cash) than I had in late 2017.... So, in late 2017, my BTC to cash had approached 88/12 and this time around my BTC to cash is likely going to be around 96.5/3.5... so maybe if BTC were to get to $80k or $150k or $300k, then my BTC/cash ratios might get close to my 2017 levels if 88/12 or I will have to force my BTC stash into such a position since my current practice (including assessing my current cashing out trajectory) do not seem to automatically bring my BTC/cash ratio back down to those late 2017 levels of around 88/12.  

In some sense, it is just way too much money to deal with, and so in that regard, either I would be using it to buy back bitcoin, or I need to find some kind of way to spend it.. such as planes, yachts and islands.. otherwise it is way more money than I am accustomed to spending in my regular budget on hookers, lambos and blow.  

First world problems.  

[FullNode]

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Life is good.

Have a great weekend, gentlemen.

About question 2: I keep asking myself since two days, too.
I decided NOT to engage ignore on him, if i'll read a post by nullius until monday and i'm NOT asking myself wether i should finally hit ignore or not.

https://i.imgur.com/H5skp0D.gif

[JayJuanGee]

Since Bob is sleeping I'll say it, sheeeit.

Probably we are not going to hearing any complaining or grumbling from Bawb for a while, unless BTC prices go above $23k or below $11k...

I mean, he is kind of set for this particular current BTC price range and a bit beyond our current BTC price range.. that seems to be one of the advantages of shaving off a bit of BTC profits within the bounds of a decent BTC price run - even if BTC prices continue to go UPpity from here.

Don't get me wrong, because I am surely NOT suggesting that any mere mortal HODLer take profits unless s/he is somewhat out of the BTC accumulation phase, his/her stash is either in decent profits and/or s/he is feeling some stress from time to time from the quantity his/her BTC holdings (which also should preferably be in profits too, even if still in a largely stacking sats phase).

[600watt]

Breaking News; World’s second-biggest bank embraces bitcoin.

The second-biggest bank in the world is the latest institution to embrace bitcoin.

China Construction Bank (CCB) has announced that it is working with digital securities exchange Fusang to raise up to $3 billion through a publicly-listed debt security on a blockchain.

A special purpose vehicle has been established for the purpose of issuing the “Longbond.” Retail investors will be able to purchase digital tokens on the Fusang exchange using dollars or bitcoin, with investments of as little as $100, Finextra reports.

as always, a shitcoin is produced out of thin air and they want real bitcoins for it. your bitcoins. no way.

[FullNode]

shitcoinchina shitcoindefi fuck it

[JayJuanGee]

I've always thought, that if I retired, I'd probably need to maintain at least double my salary coming in just to pay for all the things I'd need to do to stop me getting bored out of my mind.
That being the case, I'm not going to retire anytime soon, even if Moon^TM.

my retirement goal required three times what i figured was the "normal" amount i needed. took longer but i do like huge safety margins.

and boredom? i have never been bored in my entire life. i have far too many interests and hobbies. i love learning and trying new things (and have the scars and broken bones to attest to that).

ive never understand how someone can get bored.

Yes I am sorry to report that I met with my financial advisor today and I would have to take out of Bitcoin 3 times my current target in order to retire in 2021.  Looks like I’m gonna be here until 2025 guys !

Are you referring to something in the ballpark of the current BTC price $15,500 to $16,400 -ish  or some other BTC reference price.. like a potential correction or a BTC price rise?

So for example, if you were referring to current BTC prices, then wouldn't a 3x price increase assist you in accelerating your goals.... that would be in the $45k to $50k price arena?

No sadly that’s based off my projected trading profits in 2021.  They will be short what I need by a factor of 3.  

It turns out that retiring is much more expensive than anyone would have imagined.

Fair enough..

And, surely this money printer go bbbrrrr practice is also going to require a lot of folks to recalculate and to likely increase the quantity of their needed principle because none of us are getting out of this situation alive in terms of the likely necessity to have 2x to 3x more principle in order to reach the same goals as previously (just a year or so ago).

I would imagine that your projections/expectations of BTC prices in 2021 still remains a range - rather than an exact number...

So, if we end up reaching the top of the range, then that could well be 1.06x to 30x higher than the bottom of the range?  maybe I am just having troubles with attempting to project the future in such likely to continue to be exponentially changing asset, such as BTC..?  I mean a conservative reasonable bottom of the range of the top might be current prices + 6%, and a reasonable but hopeful top might be close to $500k (which would be in the 30x territory from here).

Call me delusional, if you must.  

To anyone who is not a complete moron I simply say wear a respirator with P100 filters. MSA makes a nice model that does the job even if a POS coughs on you.

properly fitted p100s are easier to breath through than n95s anyway, and are actually pretty comfortable. i used p100s for years in my line of work so maybe im just used to them.

and nothing gives more peace of mind knowing than aint nothing getting through them, basically.

one thing i did do is buy a couple brands with different fittings so i would have a better supply of cartridges in case one brand had a shortage. although if left sealed the carts have a pretty good shelf life.

Does your cat (such as the one in your avatar) get the used ones, or are you "mask rich"?

Can you tell me where you live again, or if that does not work, I am available for adoption.. just shoot me a PM.  Thanks in advance.   #nohomo

Maybe it's all those times my cats have pushed of my desk.

Se, now it missed "it".

And now "e"

See what I have to work with here.

Use some of your BTC..  purchase a nice, new, quality laptop (or alternatively keyboard) .you rich bastard!!!!!!!!!

#nohomo. 

[BobLawblaw]

Welcome to the "Retirement - Psilocybin - Nullius on Ignore" hat-trick. It's a wonderful place Bob, I think you'll like it here  

Yeah. This dose is real nice.

Everything is glowing.

Life is good.

Sending everyone fabulous no-homo happiness vibes.

(Unless you want homo vibes, in which case, you have to deal with Rick before getting to me. I don't make the rules.)

EDIT: Yeah, this is getting good now. Having to tell my limbs to put things down before engaging in other divided-attention tasks.

EDIT2: Wait.. Why is everything starting to look like it's transposed through fish-eye lens ?

EDIt3: Ueaj ,am/ Get off Twitter and read si-fi on the intenrnet for the rest of the day.

EDIT4: many of these ideograms are composed of base elements from various known systems of thaumaturgical glyphs

[friends1980]

https://news.bitcoin.com/paypal-opens-crypto-services-to-millions-of-eligible-account-holders-in-the-us/

I wonder where Paypal's BTC backup guarantee is coming from. Did they buy the March dip, or do they get an early Black Friday IOU offer from Venezuela's or Iran's Central Banks?

[FullNode]

.@PayPal bitcoin explained in one photo.#NotYourKeysNotYourBitcoin

https://twitter.com/BitcoinMemeHub/status/1327228711884754945

[Toxic2040]

the morning wall report

steady as she goes

#dyor

1h



4h


D




#stronghands

[OutOfMemory]

https://i.imgur.com/H5skp0D.gif

What a challenge!
Took me about 5 minutes to scroll past this 

[600watt]

Welcome to the "Retirement - Psilocybin - Nullius on Ignore" hat-trick. It's a wonderful place Bob, I think you'll like it here  

Yeah. This dose is real nice.

Everything is glowing.

Life is good.

Sending everyone fabulous no-homo happiness vibes.

(Unless you want homo vibes, in which case, you have to deal with Rick before getting to me. I don't make the rules.)

EDIT: Yeah, this is getting good now. Having to tell my limbs to put things down before engaging in other divided-attention tasks.

EDIT2: Wait.. Why is everything starting to look like it's transposed through fish-eye lens ?

EDIt3: Ueaj ,am/ Get off Twitter and read si-fi on the intenrnet for the rest of the day.

EDIT4: many of these ideograms are composed of base elements from various known systems of thaumaturgical glyphs

enjoy it, mate, enjoy it.      you deserve it.    all of it.

[JayJuanGee]

Maybe it's all those times my cats have pushed of my desk.

Se, now it missed "it".

And now "e"

See what I have to work with here.

couple of my keyboards have removable caps (gaming keyboards with mechanical switches) and one of my cats discovered how easy it is to pull caps off with her claws. she was very thorough, only left a few on, probably got bored.

now, loose keycaps skitter across hardwood floors extremely well and also fit down the air return vents in the floor. i just wound up buying a full replacement set.

i still find keycaps even now..

In the whole scheme of things, your cat gets treated pretty well, vapourminer, back to the mask theme.. given how naughty she seems to be.

I believe you should "ground" her from her masking privileges and see how she fares under such new arrangements.

Alternatively, since you seem to be such a softy, vapourminer, I know about some adoption services that may be of interest to you.

#just_saying.

[OutOfMemory]

Offtopic (again) but i wrote about good news yesterday, so:

Some of my health issues seem to resolve a bit, in particular chronic pain and fatigue.
While i wasn't attending the pain part very much, because of manliness & shit, and because i got quite used to it over the years. It helped a lot to build muscle, which was only possible without pain and muscle weakness in the warmer seasons. Whenever it got cold outside, it became hard to exercise, because me and my muscles got exhausted before significant training effects kicked in, and the pains lasted for days after.
Same with fatigue and shortness of breath, awkward chronic pains, for example in my fingers and joints of my arms while just holding things like a pack of milk for more than a minute. Not to forget shooting and burning pain, like being stung with fine, glowing needles in fingers and toes.

So i came across an article about Fibromyalgia, some sort of rheumatic illness, mainly regarding the fine nerve endings and muscle/tendon tissues.
The article mentioned Thiamine (aka. Vitamin B1), and that the intake of relatively high doses as 250-500mg resolve pain and fatigue considerably in Fibro patients. Also, many diffuse symptoms were listed, and especially that it's been called a "women's disease" for a long time, because it was diagnosed in women with the use of "tender points", which are overly sensitive to pressure and reacting with heavy, momentarily pain sensations. Over 90% of diagnosed sufferers were women. New discoveries pointed out, that also men are suffering from it, but they typically show absence of said "tender points", and also showed a different spectrum of symptoms, like memory problems.

I instantly went  

I was taking B-Vitamins for years, because they helped to combat daily challenges through giving me more energy and power. Speaking of a daily dose of 55mg (50 Thiamine, plus 5 from a multi-vitaminB supplement). I just left out the daily 50mg away for a week and a half until i couldn't take it no more, because fatigue, muscle pain and inability to cope with any type of stress became unbearable. I couldn't sit straight because of back pain along the whole spine, my elbows, ankles and knees were hurting when i stopped to move for some time, worst in the morning, when i was doing extremely hard to get up. Tired and short breathed all day long, short term memory problems got worse too, my libido vanished.

Taking an extra 250mg of Thiamine (five times the usual dose) resolved all this within a matter of three days.


After a week i'm on 200mg daily, about to try higher doses soon, after checking out any possible side effects. So far there aren't any.
I am able to work out like in summer, i'm even feeling half as heavy when doing push-ups, squats and reverse rows than 20 days ago, before i started to stop Thiamine intake.
The missus is glad too, because i am nicer to the kids again and performance returned in the penile area as well

So, looks like a good evidence for a valid ICD diagnosis after 9 years of suffering and maybe some more suited future treatment to help me fight this daily nightmare.
Marijuana helped to recover strained muscles and get deep sleep, it also reduced some shooting nerve-pains.
So far, about the toxicity of drugs, some are remedy - especially the (scientifically proven) neuro-regenerating ones, in particular THC. (this especially goes out to nullius).

[JayJuanGee]

The best times for me will be when Bitcoin is recognized as the world reserve currency, for starters  

Sure, a kind of world reserve currency status may be reached or reachable in bitcoin - but I don't understand why anyone should tie their own sense of being fulfilled to such status.. whether reaching such status is characterized by terms like "best times" or some other characterization to proclaim that bitcoin needs to do something in order to make "me" feel better.

Seems to me that bitcoin already "is" doing something.  Bitcoin already "is" statisfying for me..

Sure, bitcoin seems poised to do more than what it is currently doing.. because bitcoin surely seems to be a kind of baby in terms of its adoption and development... so in that regard, I remain interested in what bitcoin is doing on a regular basis.. and so that seems to be why I log into this thread on a daily basis... and on average, more than that... ... - but my sense of myself is NOT wedded to whether it does MOAR or not...

Maybe I am just caught upon semantics?

Perhaps?

Perhaps?

[nullius]

Honey badger don’t give a fuck.

That sound you hear when you dump Bitcoin is laughter.

If this ignoring nullius thing becomes a widely supported "popular" "mass" action, chances are he'll take it as a compliment...

+1 merit, and also +2²⁵⁶ WOsMerits!

How do the lower classes fail to understand that my words are not for ineducable lumpenproletarians?  I know that they are stupid, but I have patiently tried to explain this—with GIANT-SIZED LETTERS, for the benefit of those whose reading level does not exceed books intended for small children.

nullius needs a filter to protect his pearls from being seen by unfit swine.  The filter:  If you ignore-list me, then ipso facto, you are unfit to see my words.  Please—DO—IT.  Thank you.

I will make the unworthy masses collectively pull a mindrust!

[...]

Whatever. The next stupid answer I get from you will make me ignore you forever. So think well before quoting me next time.

[...]

Yes, please!  Place me on your ignore list.  Forever.  It is your loss, and I do not want for you to read my posts.  Thank you.

If you are not reading it, then it is not for you.

@infofront:

If this ignoring nullius thing becomes a widely supported "popular" "mass" action, chances are he'll take it as a compliment...

Maybe a poll is in order. Ask infofront for approval after all: this is his bitch.
excuse my language in the thread must be too many cats on the brain

Yes, please!  My campaign to deprive hoi polloi of my wisdom will neatly dovetail with my mesasge to VOTE, VOTE, VOTE for me as the forum antihero!

nullius & JJG

They're harsh with words on these boards, but I believe it would be much more gemütlich IRL, though.

Of course, I cannot speak for Jay; but as for myself, not so much “gemütlich” as, if I do say so myself, some other kind of good qualities; see Nr. 11 at pp. 20–22 (pdf pp. 40–42) for adequate context:

...die andrerseits im Verhalten zu einander so erfinderisch in Rücksicht, Selbstbeherrschung, Zartsinn, Treue, Stolz und Freundschaft sich beweisen, — sie sind nach Aussen hin, dort wo das Fremde, die Fremde beginnt, nicht viel besser als losgelassne Raubthiere.

Nullius on Ignore

^^^ An example of a lowborn dolt who has finally learnt his place.  One way or another.

I decided NOT to engage ignore on him, if i'll read a post by nullius until monday and i'm NOT asking myself wether i should finally hit ignore or not.

Your mother was a hamster, and your father smelt of elderberries!  Now, go away, or I shall taunt you a second time!

How oft need I repeat myself? :-(

Everyone being allowed to learn to read, ruineth in the long run not only writing but also thinking.

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Liar.  You are too much of a sissy to ignore-list me.  It is not the first that I have heard this from you.

https://loyce.club/archive/posts/5414/54140405.html

Suck my giant black cock.

To the hilt.

https://loyce.club/archive/posts/5414/54140490.html

I don't feel a sucking sensation yet in my penicular region.

Why not sodomize yourself with a length of rusty pipe instead ?

Better yet, fuck off to China for all I care.

Welcome, as a rare addition to my ignore list.

Protip:  If you want to ignore-list me, STFU and do it.  Otherwise, it will much amuse me to ridicule you.  Big talkers.

Edit, an hour later:  Made better reference to context in a certain book.  No other changes.

[nullius]

...psilocybin...
...@nullius on ignore...

https://i.imgur.com/H5skp0D.gif

For the record, Lauda was even more of a straight-edger about drugs than I am. 😼

[philipma1957]

well 'we' getting there



^ last comment: I believe the minimum is 64ETH (~0.7btc). madness

 

Q: How does something start as unregistered security, turn into commodity and end up as "money" while still being centralized shitcoin with arbitrary rule changes, deceptive marketing and scammy promises of impossible future that is somehow always just around the corner?
A: Magic

more crap https://cryptobriefing.com/value-defi-drained-millions-flash-loan-attack/

I think it takes 32 eth to stake.

but I am not staking or holding eth as I don’t particularly like its model of existence.