Bitcoin Forum
September 26, 2021, 12:18:24 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When will we see a new ATH?
October - 15 (22.7%)
November - 10 (15.2%)
December - 22 (33.3%)
2022 - 11 (16.7%)
After 2022 - 8 (12.1%)
Total Voters: 66

Pages: « 1 ... 28666 28667 28668 28669 28670 28671 28672 28673 28674 28675 28676 28677 28678 28679 28680 28681 28682 28683 28684 28685 28686 28687 28688 28689 28690 28691 28692 28693 28694 28695 28696 28697 28698 28699 28700 28701 28702 28703 28704 28705 28706 28707 28708 28709 28710 28711 28712 28713 28714 28715 [28716] 28717 28718 28719 28720 28721 28722 28723 28724 28725 28726 28727 28728 28729 28730 28731 28732 28733 28734 28735 28736 28737 28738 28739 28740 28741 28742 28743 28744 28745 28746 28747 28748 28749 28750 28751 28752 28753 28754 28755 28756 28757 28758 28759 28760 28761 28762 28763 28764 28765 28766 ... 29564 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25443308 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.)
lightfoot
Legendary
*
Online Online

Activity: 2716
Merit: 2013


I fix broken miners. And make holes in teeth :-)


View Profile
May 05, 2021, 12:07:50 PM
Last edit: May 05, 2021, 12:18:51 PM by lightfoot
Merited by JimboToronto (2), vapourminer (1), Kylapoiss (1)

Once again I'll say it: DOGE has a lot of appeal for the common man:

  • It's inherently inflationary which means it's worth less every day
  • It's incredibly centralized with <100 people owning the majority of it
  • Simple to manipulate by those Whales in order to fuck the little guys
  • It has no philosophy behind it other than MOAR COINZ!!!!!
  • It is and always will be a funny joke coin, like a set of training wheels
  • Only a brain dead person would hold it.

Yep, it's the perfect coin for the masses. No wonder it's pumping.
1632658704
Hero Member
*
Offline Offline

Posts: 1632658704

View Profile Personal Message (Offline)

Ignore
1632658704
Reply with quote  #2

1632658704
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
lightfoot
Legendary
*
Online Online

Activity: 2716
Merit: 2013


I fix broken miners. And make holes in teeth :-)


View Profile
May 05, 2021, 12:09:52 PM

I once had 60 ETH, and 100K other portfolio. Once I were a millionaire, but virtually.

Once I was a Hippie
Then I was a stockbroker
Now I am a hippie again....


(The Bobs, "Songs for Tomorrow Morning")
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2576
Merit: 5284


One of the world's leading Bitcoin-powered casinos


View Profile
May 05, 2021, 12:17:51 PM

@100trillionUSD
Can't wait to see the 2nd leg of this #bitcoin  bull market🚀

https://twitter.com/100trillionusd/status/1389891386275729410?s=21



@johnkvallis
Shitcoins: Nobody wants to be the one left holding the bag.

Bitcoin: Everyone competes to be left holding the biggest bag.

You can only #hodl #bitcoin
https://twitter.com/johnkvallis/status/1389635466132135939?s=21



@saifedean
Hundreds of US banks will soon allow their customers to buy, sell, and hold bitcoin in their existing accounts, thanks to @NYDIG_BTC
https://t.co/za3fTudqNg
https://twitter.com/saifedean/status/1389910108923174913?s=21
rdbase
Legendary
*
Offline Offline

Activity: 1918
Merit: 1009


Join the world-leading crypto sportsbook NOW!


View Profile WWW
May 05, 2021, 12:19:25 PM
Last edit: May 05, 2021, 12:33:31 PM by rdbase

You know how when random relatives contact you and ask about bitcoin that it's about time to start considering selling?
I got asked my a distant cousin "what do you think about dodge?".
Yup the FOMO indicator is the best indicator.
Combined with a parabolic growth means GTFO!
The "Day of the dead DOGE" seems to be near, yes.
I also expect Bitcoin to be back at $58k within a few days, according to my TA lines and shit.
We'll see.

Gotta cash out a bit for floor tiles, doors and the electrician, soon.
Once again I'll say it: DOGE has a lot of appeal for the common man:
  • It's inherently inflationary which means it's worth less every day
  • It's incredibly centralized with <100 people owning the majority of it
  • It has no philosophy behind it other than MOAR COINZ!!!!!
  • It is and always will be a funny joke coin, like a set of training wheels
  • Only a brain dead person would hold it.

Yep, it's the perfect coin for the masses. No wonder it's pumping.
And that is what the rest of those crypto zombies over at binance who had pumped it up $51.25bln more as of today are hoping.
Oh yeah.. and Elon. Cheesy
Cause after Saturday. I can see it dumping massively after the hype train is out of the station and goes off the rails.
The joke will be over. Grin

I saw a sad news story the other day. I am paraphrasing, it's easy to find. Some relatively young guy (30's) was celebrating loudly because he became a millionaire (on paper) with Doge. He had invested his life's savings (hundred-something K USD).
He said 'I grew up poor, I'm not selling any of it. I'll wait until it's 10 million, then I'll withdraw a million dollars.' Poor guy.
It's this guy...
https://twitter.com/ProTheDoge/status/1389559038896054273
Hope the kid is on suicide watch post the appending doge pump & dump disaster.
Cause after putting your entire life savings into something and if it goes to hell in a hand basket, then your sh*t out of luck.
Also hope he cashed out a few of those... maybe a million worth.
Then puts it into a real store of value.
BTC
Then he'll be like one of the cool kids. Cool

Dabs
Legendary
*
Offline Offline

Activity: 3094
Merit: 1794


The Concierge of Crypto


View Profile
May 05, 2021, 12:26:14 PM

I'm still sticking to my fourth rule of crypto: "never sell everything", so I have some left.

I have some billion "Real Stack Coins" ...

What are all your other rules of crypto?
Biodom
Legendary
*
Offline Offline

Activity: 2800
Merit: 1991



View Profile
May 05, 2021, 01:26:52 PM

Quote
For the first time, customers of some U.S. banks will soon be able to buy, hold and sell bitcoin through their existing accounts, according to crypto custody firm NYDIG.

https://www.cnbc.com/amp/2021/05/05/bitcoin-is-coming-to-hundreds-of-us-banks-says-crypto-firm-nydig-.html?__twitter_impression=true



This can be important and I hope that they will limit it to just bitcoin.


Biodom
Legendary
*
Offline Offline

Activity: 2800
Merit: 1991



View Profile
May 05, 2021, 01:30:25 PM

I'm still sticking to my fourth rule of crypto: "never sell everything", so I have some left.

I have some billion "Real Stack Coins" ...

What are all your other rules of crypto?

buy high, sell low?  Grin

LoyceV
Legendary
*
Online Online

Activity: 2352
Merit: 8935


Thick-Skinned Gang Leader


View Profile WWW
May 05, 2021, 01:36:57 PM

I'm still sticking to my fourth rule of crypto: "never sell everything", so I have some left.
What are all your other rules of crypto?
I'm glad you asked Cheesy
I can't really answer it though Tongue Fourth rule just sounds kinda cool.

I've made several related posts:
Even worse: he's advertising a website (in his profile) that asks people for their private keys, and thus goes against the the first rule of crypto.
That's like the first rule of Bitcoin. You break it, you lose it.
As a rule of thumb: if you can do something without a blockchain, you shouldn't use a blockchain.

By now, I'd say these are the first rules of crypto:
  • Not your keys, not your coins
  • Verify, don't trust
  • Be your own bank
  • Never sell everything
  • In code we trust
  • Don't invest more than you're willing to lose (this rule also applies to fiat)
  • DYOR
  • We are all Satoshi
  • HODL
(no idea who's the original creator of most of those rules)

Please add to the list, the order is negotiable.
Dabs
Legendary
*
Offline Offline

Activity: 3094
Merit: 1794


The Concierge of Crypto


View Profile
May 05, 2021, 01:55:18 PM

Kinda reminds me of "Wizard's First Rule" and the 14 other rules about that book series. People are stupid. hehe.

Although I think that there should be bitcoin specific rules, which are essentially the consensus rules, like "There will never be more than 21 million bitcoins." I guess people just have to understand some of the foundations of how bitcoin and most other crypto work.
Richy_T
Legendary
*
Offline Offline

Activity: 1610
Merit: 1326


1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


View Profile
May 05, 2021, 02:25:37 PM
Merited by LoyceV (4), El duderino_ (3), JayJuanGee (1)

"Don't chase the market"
"Everyone talks their book"
"Losses are rarely mentioned"
"Gains are boasted often"
"Learn to differentiate between luck and skill"
"Recognize when you're just pure gambling"
"If you're not the predator, you're probably the prey"
Biodom
Legendary
*
Offline Offline

Activity: 2800
Merit: 1991



View Profile
May 05, 2021, 02:26:48 PM
Last edit: May 05, 2021, 02:38:13 PM by Biodom
Merited by LoyceV (4), El duderino_ (3)

Here are my rules:

1. Always buy to replace btc that you sold paying for things (this wouldn't work in case of a ranch or lake buying, obviously).
2. Spend only fiat or stablecoins (not btc) buying anything else.
3. Never invest more than 20% (an absolute limit) or 10% (typical) on ANY investment (that includes initial investment in btc, but does not mean selling to re-balance).
4. Never re-balance anything automatically.
5. If not DCAing, buy ONLY in a rising or stable market, not in a declining market.
6. Sell alts for 'things' with abandon (hopefully, at spikes). Easy come, easy go.
Dabs
Legendary
*
Offline Offline

Activity: 3094
Merit: 1794


The Concierge of Crypto


View Profile
May 05, 2021, 02:53:03 PM

"Don't chase the market"
"Everyone talks their book"
"Losses are rarely mentioned"
"Gains are boasted often"
"Learn to differentiate between luck and skill"
"Recognize when you're just pure gambling"
"If you're not the predator, you're probably the prey"

I wouldn't call those "rules" ... the last one is one I hear quite often in the 2nd Amendment environment, together with "Gun Control means using both hands."

The "Not your keys" = that one maybe is a rule. I think a "rule" in the case of crypto or bitcoin would be something that is ... like religiously important or sacred equivalent.

Expanding on the "not your keys" would extrapolate the air-gap or offline or cold storage principles, but there's no need to make additional rules related to that.

Really, there should be just the top 10 most important ones, and everything else derives from those. 10 Commandments of Bitcoin or something. I recall someone already posted something like that before.

*edit*

I found some that are interesting:

https://www.sylvainsaurel.com/the-ten-commandments-of-bitcoin/
https://bitcointencommandments.com/
https://armantheparman.com/the-10-commandments-of-good-bitcoining/
Sayeds56
Copper Member
Full Member
***
Offline Offline

Activity: 336
Merit: 190



View Profile
May 05, 2021, 03:11:44 PM
Merited by JayJuanGee (1)

Kinda reminds me of "Wizard's First Rule" and the 14 other rules about that book series. People are stupid. hehe.

Although I think that there should be bitcoin specific rules, which are essentially the consensus rules, like "There will never be more than 21 million bitcoins." I guess people just have to understand some of the foundations of how bitcoin and most other crypto work.

This is how BTC is different and  superior to all form of currencies. we can expect Bitcoin to grow in unexpected ways as new utility is found. Bitcoin owners can expect that its usefulness will only increase over time. In contrast, altcoin owners have substantially more risk of the coin falling into disuse.


https://jimmysong.medium.com/why-bitcoin-is-different-than-other-cryptocurrencies-e16b17d48b94
BitcoinBunny
Sr. Member
****
Offline Offline

Activity: 518
Merit: 374



View Profile
May 05, 2021, 03:29:33 PM

As a straight guy I have to say I'm not into dildos normally.

But green dildos? Yep, I like green dildos.

 Grin
Biodom
Legendary
*
Offline Offline

Activity: 2800
Merit: 1991



View Profile
May 05, 2021, 03:32:51 PM

btc is flying  Grin
Arriemoller
Legendary
*
Offline Offline

Activity: 1694
Merit: 1203


Justitia arma requirit


View Profile
May 05, 2021, 04:04:13 PM

Just sold a teeny weeny little bit, so now the price is pretty sure to go up.
Also, it's going to rain all day today and all day tomorrow, Jippie.

Told you so, didn't I.
Toxic2040
Legendary
*
Offline Offline

Activity: 1190
Merit: 2371



View Profile
May 05, 2021, 04:07:04 PM

the Wednesday morning wall report

#dyor

1h


4h
BitcoinBunny
Sr. Member
****
Offline Offline

Activity: 518
Merit: 374



View Profile
May 05, 2021, 04:20:36 PM

Just sold a teeny weeny little bit, so now the price is pretty sure to go up.
Also, it's going to rain all day today and all day tomorrow, Jippie.

Told you so, didn't I.

Stop selling.
No, actually do sell.

Wait, what?   Huh
Biodom
Legendary
*
Offline Offline

Activity: 2800
Merit: 1991



View Profile
May 05, 2021, 04:28:40 PM

What will happen to btc price once they (exchanges) run out? Someone calculated that projected time for that is 122 days or so (it could happen quicker in a case of large buys).

maybe this...check out etc on coinbase pro...$30-50 higher (30-40%) than others, lol.
if i was not busy right now, I would arb it to smithereens.
Richy_T
Legendary
*
Offline Offline

Activity: 1610
Merit: 1326


1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


View Profile
May 05, 2021, 04:37:33 PM

What will happen to btc price once they (exchanges) run out? Someone calculated that projected time for that is 122 days or so

Pages: « 1 ... 28666 28667 28668 28669 28670 28671 28672 28673 28674 28675 28676 28677 28678 28679 28680 28681 28682 28683 28684 28685 28686 28687 28688 28689 28690 28691 28692 28693 28694 28695 28696 28697 28698 28699 28700 28701 28702 28703 28704 28705 28706 28707 28708 28709 28710 28711 28712 28713 28714 28715 [28716] 28717 28718 28719 28720 28721 28722 28723 28724 28725 28726 28727 28728 28729 28730 28731 28732 28733 28734 28735 28736 28737 28738 28739 28740 28741 28742 28743 28744 28745 28746 28747 28748 28749 28750 28751 28752 28753 28754 28755 28756 28757 28758 28759 28760 28761 28762 28763 28764 28765 28766 ... 29564 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!