Bitcoin Forum
January 25, 2022, 03:22:36 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Highest price we'll see in 2022:
50,000 - 7 (11.7%)
60,000 - 2 (3.3%)
70,000 - 4 (6.7%)
80,000 - 6 (10%)
90,000 - 3 (5%)
100,000 - 2 (3.3%)
125,000 - 12 (20%)
150,000 - 4 (6.7%)
175,000 - 2 (3.3%)
200,000 - 2 (3.3%)
225,000 - 4 (6.7%)
250,000 - 4 (6.7%)
275,000 - 1 (1.7%)
300,000 - 0 (0%)
>300,000 - 7 (11.7%)
Total Voters: 60

Pages: « 1 ... 29661 29662 29663 29664 29665 29666 29667 29668 29669 29670 29671 29672 29673 29674 29675 29676 29677 29678 29679 29680 29681 29682 29683 29684 29685 29686 29687 29688 29689 29690 29691 29692 29693 29694 29695 29696 29697 29698 29699 29700 29701 29702 29703 29704 29705 29706 29707 29708 29709 29710 [29711] 29712 29713 29714 29715 29716 29717 29718 29719 29720 29721 29722 29723 29724 29725 29726 29727 29728 29729 29730 29731 29732 29733 29734 29735 29736 29737 29738 29739 29740 29741 29742 29743 29744 29745 29746 29747 29748 29749 29750 29751 29752 29753 29754 29755 29756 29757 29758 29759 29760 29761 ... 30200 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25530893 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. (158 posts by 14 users with 9 merit deleted.)
AlcoHoDL
Legendary
*
Offline Offline

Activity: 1526
Merit: 2223


Addicted to HoDLing!


View Profile
October 20, 2021, 04:26:29 PM
Merited by LoyceV (4), vapourminer (1)

InvestAnswers just said something I've been thinking about for a while.

Although paying off my mortgage is something I could do with the BTC gains he pointed out if you borrow against 2-3% it's really (almost) free money considering the massive inflation rate.
Michael Saylor has been talking about the near zero business loans also.
At least mortgages for individuals are still low, unlike ridiculous credit card rates.

Furthermore I believe BTC will go much higher.
A $1 million BTC and even $10 million BTC in the next 5-10-15 years will not surprise me. Well before my mortgage ends anyway.

Also, these free interest loans on furniture etc make sense since you will really pay less over the entire period rather than in 1 chunk today, again due to inflation.

For you, yes paying on a low interest mortgage while letting your bitcoin ride is probably the way to go for now.

But keep in mind, that you may still want to pay if off earlier than 30 years.

Here's why: Most people don't anticipate ever getting laid off (even once, much several times) and don't believe ageism is even a thing.

You really think that you'll stay employed for 30 years solidly straight with enough income (adjusted for insane inflation) to keep paying that mortgage every month/year and still have enough income left over to survive? You think that you'll be payed the same or more at 60 yrs of age, than you were making at 30? Think again. The time of 30 year careers is over. More like 15 at best, and then you have a career crisis.

Exactly. That's why I have a rule: Never ever get loans. Want a better car? Save money, invest in Bitcoin, whatever, until you can afford to pay the full amount. Want a better house and can't buy it? Stay at your current house until you can afford the better one. I don't want to have to pay back some bank for decades and being forever tied to them. The only loan I would consider getting is to buy a house if I didn't own a house. Fortunately I own my house. It's not the most luxurious house, but it's mine, and I don't owe anyone anything.

...and Bitcoin can greatly help do the above!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1643080956
Hero Member
*
Offline Offline

Posts: 1643080956

View Profile Personal Message (Offline)

Ignore
1643080956
Reply with quote  #2

1643080956
Report to moderator
eddie13
Legendary
*
Offline Offline

Activity: 2058
Merit: 1966


BTC or BUST


View Profile
October 20, 2021, 04:28:19 PM

What's up everybody. King Bitcoin is treating us well I see.

Still almost 100 percent net worth invested exclusively in our lord and savior and loving it. Plenty of time to diversify in the grave.

1040 days into the Bull Market and all is well.  Cheesy





Ha ha, same..

I didn’t do it on purpose though..
eddie13
Legendary
*
Offline Offline

Activity: 2058
Merit: 1966


BTC or BUST


View Profile
October 20, 2021, 04:30:50 PM

InvestAnswers just said something I've been thinking about for a while.

Although paying off my mortgage is something I could do with the BTC gains he pointed out if you borrow against 2-3% it's really (almost) free money considering the massive inflation rate.
Michael Saylor has been talking about the near zero business loans also.
At least mortgages for individuals are still low, unlike ridiculous credit card rates.

Furthermore I believe BTC will go much higher.
A $1 million BTC and even $10 million BTC in the next 5-10-15 years will not surprise me. Well before my mortgage ends anyway.

Also, these free interest loans on furniture etc make sense since you will really pay less over the entire period rather than in 1 chunk today, again due to inflation.

For you, yes paying on a low interest mortgage while letting your bitcoin ride is probably the way to go for now.

But keep in mind, that you may still want to pay if off earlier than 30 years.

Here's why: Most people don't anticipate ever getting laid off (even once, much several times) and don't believe ageism is even a thing.

You really think that you'll stay employed for 30 years solidly straight with enough income (adjusted for insane inflation) to keep paying that mortgage every month/year and still have enough income left over to survive? You think that you'll be payed the same or more at 60 yrs of age, than you were making at 30? Think again. The time of 30 year careers is over. More like 15 at best, and then you have a career crisis.

Exactly. That's why I have a rule: Never ever get loans. Want a better car? Save money, invest in Bitcoin, whatever, until you can afford to pay the full amount. Want a better house and can't buy it? Stay at your current house until you can afford the better one. I don't want to have to pay back some bank for decades and being forever tied to them. The only loan I would consider getting is to buy a house if I didn't own a house. Fortunately I own my house. It's not the most luxurious house, but it's mine, and I don't owe anyone anything.

...and Bitcoin can greatly help do the above!


This feels like a great time to have cheap debt to me..

I almost bought a house just now because it was a good deal and cheap debt, but they screwed around and I basically told em to forget about it..
gembitz
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 636


*Brute force will solve any Bitcoin problem*


View Profile
October 20, 2021, 04:32:23 PM

I know I'm way way late with the ATH fireworks but I gotta do it for the "I was here when corn was in 5 digits" posterity:



ETFzzz + NFTzzz = ATHzzz  Cool Grin Kiss  OGOGOGGOGGG
proudhon
Legendary
*
Offline Offline

Activity: 1890
Merit: 1196



View Profile
October 20, 2021, 04:38:29 PM
Merited by fillippone (1)

Party's over! Bitcoin death resuming.

gembitz
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 636


*Brute force will solve any Bitcoin problem*


View Profile
October 20, 2021, 04:38:55 PM

$100,000 BTCBTCBTC ===> Lets Goooooo  Cool  haaa

serveria.com
Hero Member
*****
Offline Offline

Activity: 1428
Merit: 845


Balls of steel. This time is different.


View Profile WWW
October 20, 2021, 04:41:19 PM

I hear there are special "rich people therapists" which help people come to terms with their absurd levels of wealth.

Or better invite one to the 100k party...  Grin
I'll have to fly one to my private island, yes.
JayJuanGee
Legendary
*
Online Online

Activity: 2870
Merit: 5530


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
October 20, 2021, 04:45:29 PM
Last edit: October 20, 2021, 06:46:51 PM by JayJuanGee

Yes. Kraken ATH broken. 64999 gentlemen.

We don't use Kraken in these here parts.  Roll Eyes Roll Eyes

Hadn't you noticed?

 Tongue Tongue




What about that double top that you had been expecting (hoping for), podyx?

hahahahahahaha


sucks to be uie pooie.

 Cheesy Cheesy Cheesy Cheesy Cheesy

I am blessed to see $66000 in my life. BTC used to struggle at $1 and now its x66000 of that price.
I may live or may not, BTC will be the revolution this world needs.



Huh?

What happened to the $36,500 that you were hoping for?

$36500 is coming according to the 3H Stoch on BTCUSDT.

You mean that you did not either sell to buy lower or buy less because you were waiting for lower prices?
cAPSLOCK
Legendary
*
Offline Offline

Activity: 3164
Merit: 3406


StuporCycle!


View Profile
October 20, 2021, 04:47:07 PM

Bob, are you sure you are doing 2K a month? based on your routing fees, you need to be routing over $1M a month to be making $2k a month....
You may want to double check your accounts. BTW, is LOOP your most active channel?

You may very well be correct that I have miscounted something somewhere. LOOP is not my most active channel, but it's up there.

I don't mean to post intentionally erroneous information - It is very possible I've fucked up my calculations somewhere.

I'm looking at it from the perspective of adding up all the numbers, minus what it cost to open all the channels and rebalance things, to where I am today, and the node is a few hundred sats away from breaking even. On further consideration, I don't believe it's fair to state I've spent $2k on opening and rebalancing channels, either.

Frustrating, to say the least, that I cannot properly figure this out, and quite very possibly miscalculated the theoretical profit.

Again, kinda upset you bastards brought be back to running Lightning, but think I'm having a much better go of it this time around... in theory.

I'm glad you're back.  We're the banks now, sir.  These stupid little Raspberry Pis might be worth something someday!
gembitz
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 636


*Brute force will solve any Bitcoin problem*


View Profile
October 20, 2021, 04:47:40 PM

Yes. Kraken ATH broken. 64999 gentlemen.

We don't use Kraken in these here parts.  Roll Eyes Roll Eyes

Hadn't you noticed?

 Tongue Tongue




What about that double top that you had been expecting (hoping for), podyx?

hahahahahahaha


sucks to be uie pooie.

 Cheesy Cheesy Cheesy Cheesy Cheesy

I am blessed to see $66000 in my life. BTC used to struggle at $1 and now its x66000 of that price.
I may live or may not, BTC will be the revolution this world needs.



Huh?

What happened to the $36,500 that you were hoping for?

$36500 is coming according to the 3H Stoch on BTCUSDT.

You mean that you did not either sell to buy lower or buy less because you were waiting for lower prices?


yobit upping====> $BTC $67238.46 weeeeeeeeeeeeee

https://yobit.net/en/trade/BTC/USD
ChartBuddy
Legendary
*
Offline Offline

Activity: 1330
Merit: 1265


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 20, 2021, 05:01:24 PM


Explanation
JayJuanGee
Legendary
*
Online Online

Activity: 2870
Merit: 5530


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
October 20, 2021, 05:03:07 PM


THIS IS GENTLEMEN!!!

What about your rah rah rah for BIG blocks?  You forgot about that for the moment fatty, and your shitcoins too?

 Cheesy Cheesy Cheesy Cheesy Cheesy

New ATH every week till the end of the year ?

heard that one before.

Don't be jinxing us, aesma.

 Angry Angry Angry Angry



Tomorrow will will see a downtrend !

Yeah right.   Roll Eyes Roll Eyes

You must have not got the memo about:  "How bitcoin works and how bitcoin doesn't work (like dat)"


hahahahahahaha

Sucks to be "out of touch", no?

Hopefully, you did not sell too much too soon because of such expectations that you have.
serveria.com
Hero Member
*****
Offline Offline

Activity: 1428
Merit: 845


Balls of steel. This time is different.


View Profile WWW
October 20, 2021, 05:11:56 PM

Yes. Kraken ATH broken. 64999 gentlemen.

We don't use Kraken in these here parts.  Roll Eyes Roll Eyes

Hadn't you noticed?

 Tongue Tongue




What about that double top that you had been expecting (hoping for), podyx?

hahahahahahaha


sucks to be uie pooie.

 Cheesy Cheesy Cheesy Cheesy Cheesy

I am blessed to see $66000 in my life. BTC used to struggle at $1 and now its x66000 of that price.
I may live or may not, BTC will be the revolution this world needs.



Huh?

What happened to the $36,500 that you were hoping for?

$36500 is coming according to the 3H Stoch on BTCUSDT.

You mean that you did not either sell to buy lower or buy less because you were waiting for lower prices?

Great job, JJG, my man! Stinky bears exposed. Now desperately trying to join the party. That's FOMO at it's best!  Cool
JayJuanGee
Legendary
*
Online Online

Activity: 2870
Merit: 5530


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
October 20, 2021, 05:16:18 PM

Looking forward to this (this year, perhaps, perhaps?):



Bill Gates says 640k should be enough for anyone.

He was right. $640k per corn sure is enough for me.

I am going to admit that even $64k is enough to me, but I understand that the momentum is against me.

Gonna have to suffer.

Sucks to be me.


 Cry Cry Cry Cry

it's chopper time! fasten your seat belts and enjoy the ride, the chopper will have a busy time in the coming months Smiley

You also got merit chopper from @El duderino_ on bitcoin breaking new ATH  Grin

haha, indeed! thanks @dude!  Smiley

Yeah just insane how fast the choppa was provided

I think @vroom was sitting ready a few days now

Vroom is a bot... Don't u know nuttin?

Get the chopper ready for 67k. And do not brag with your holdings on social media. Just read they kidnapped a kid in UK because he bragged about his crypto holdings.

Link or it did not happen.
lightfoot
Legendary
*
Offline Offline

Activity: 2828
Merit: 2108


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


View Profile
October 20, 2021, 05:24:11 PM

InvestAnswers just said something I've been thinking about for a while.

Although paying off my mortgage is something I could do with the BTC gains he pointed out if you borrow against 2-3% it's really (almost) free money considering the massive inflation rate.
Michael Saylor has been talking about the near zero business loans also.
At least mortgages for individuals are still low, unlike ridiculous credit card rates.

Furthermore I believe BTC will go much higher.
A $1 million BTC and even $10 million BTC in the next 5-10-15 years will not surprise me. Well before my mortgage ends anyway.

Also, these free interest loans on furniture etc make sense since you will really pay less over the entire period rather than in 1 chunk today, again due to inflation.

More to the point, if I took out a half million mortgage at 4% then I would have covered the whole interest payment for the year like... this morning.

So yeah. I've been debt averse all my life. Maybe it's better to take on some debt than sell some corn. Thinking about this.

El duderino_
Legendary
*
Offline Offline

Activity: 1666
Merit: 7759


Observing No-Coiners.


View Profile
October 20, 2021, 05:41:22 PM
Merited by cygan (2), Hueristic (1), JayJuanGee (1)

Richy_T
Legendary
*
Offline Offline

Activity: 1722
Merit: 1542


1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


View Profile
October 20, 2021, 05:55:43 PM


So yeah. I've been debt averse all my life. Maybe it's better to take on some debt than sell some corn. Thinking about this.


I view debt as risk. It can place you in a bad position if things go wrong (it's basically a slightly different take on options trading). Doesn't mean it shouldn't be done but consider all the angles.
ChartBuddy
Legendary
*
Offline Offline

Activity: 1330
Merit: 1265


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 20, 2021, 06:01:31 PM


Explanation
nanobtc
Sr. Member
****
Offline Offline

Activity: 547
Merit: 381



View Profile WWW
October 20, 2021, 06:02:52 PM

Congrats to the regulars, I know there are many smiles around. Welcome to newbies. We don't need any steenkin' shills, either.
JayJuanGee
Legendary
*
Online Online

Activity: 2870
Merit: 5530


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
October 20, 2021, 06:09:39 PM

Well, I guess the moment has come.

I've been a "lurker" for a year now, maybe even more, been following the forum but mostly this thread in particular and a bit of the Italian board on a daily basis, with the occasion of the new ATH break today, seeing the Helicopter being adopted again after some months just gave me an inner feeling I had to do it... I decided to finally sign up my account here on bitcointalk.

What else can I say other than a big hello to everyone, and keep the #hodl strong!

Have a great day/night  Grin

Welcome to joy-town!

Man it's been a day. Can't believe we spent 6 months in the wilderness there.

Thanks!
Joy-town, this perfectly represents the W.O. even from how I've experienced it from the "outside", finally I can be an active part of this.

Looking forward  Grin

Yes... maybe give us a bit of your background and introduction to BTC.. of course, you do not need to break opsec or provide actual numbers, but just to get some ideas... about some struggles that you may have had.. like all of us in accumulating BTC perhaps and making mistakes along the way.. .. and whatever current plans that you might have...

Sure there are some of us who might be losing touch with normies.. and I suppose that the longer that we have been accumulating and holding, then we are going to have some of those kinds of troubles, even with relatively modest investments of $10 per week over 8 years or something like that.

The coin remains strong.

One of those moments in which we have to recognize and appreciate that "the trend is your friend", and you are not doing yourself any favors if you are betting against the corn in times like these.

I hear there are special "rich people therapists" which help people come to terms with their absurd levels of wealth.

I'll have to fly one to my private island, yes.

i thought private islands always came with therapists.

or is it some sort of "upsell" thing?

Gosh.. all the things that we have to learn about... including what comes with or does not come with such private islands...  Cry Cry Cry Cry

Paul Tudor Jones says crypto is his preferred inflation hedge over gold right now
https://www.cnbc.com/2021/10/20/paul-tudor-jones-says-crypto-is-his-preferred-inflation-hedge-over-gold-right-now.html

What a shock.

I glanced at that write-up, and watched the 2.5 minute video, and PTJ does seem to be struggling somewhat with being able to use the word bitcoin, and seems to show that he is having some trouble in terms of understanding what differentiates bitcoin from "crypto".,. even though he does seem to be buying bitcoin rather than any other kinds of crypto coins.. but he is not exactly clear about specifics of what he is doing...

He also seems to NOT really understand (or want to say) the difference between some kind of financial product (such as an ETF) that represents future prices even while he does assert that holding the actual asset (referring to bitcoin) may well be the better way to get bitcoin exposure (and learning about how to hold and manage holdings, too)...

He may have learned that it is better for him to be vague about what he is doing in terms of potential legal jeopardy...  - especially if he is responding to the media - rather than getting too much into specifics and be accused of pumping a product that he is in..
Pages: « 1 ... 29661 29662 29663 29664 29665 29666 29667 29668 29669 29670 29671 29672 29673 29674 29675 29676 29677 29678 29679 29680 29681 29682 29683 29684 29685 29686 29687 29688 29689 29690 29691 29692 29693 29694 29695 29696 29697 29698 29699 29700 29701 29702 29703 29704 29705 29706 29707 29708 29709 29710 [29711] 29712 29713 29714 29715 29716 29717 29718 29719 29720 29721 29722 29723 29724 29725 29726 29727 29728 29729 29730 29731 29732 29733 29734 29735 29736 29737 29738 29739 29740 29741 29742 29743 29744 29745 29746 29747 29748 29749 29750 29751 29752 29753 29754 29755 29756 29757 29758 29759 29760 29761 ... 30200 »
  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!