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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368534 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. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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April 29, 2022, 02:03:28 AM


Explanation
"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi
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BobLawblaw
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April 29, 2022, 02:06:40 AM

Fair Warning: Prolly gonna "panic sell" a block at $40k, after removing, and then putting less coin back up on an exchange just now.

Running into a bit of a liquidity squeeze on the ranch project due to cost overruns. Gonna take some pressure off for the rest of the year, and top off some accounts I've had to draw down on.

Responsible adulting is stressful, yo.

Tax season was rough this year; got dinged for short-term gains in some of my managed portfolios. Gave the managers a ration of shit and told them to minimize those events moving forward, which was the entire point of starting that fund to begin with.

Goddamnit.
philipma1957
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April 29, 2022, 02:13:45 AM
Merited by JayJuanGee (1)

Fair Warning: Prolly gonna "panic sell" a block at $40k, after removing, and then putting less coin back up on an exchange just now.

Running into a bit of a liquidity squeeze on the ranch project due to cost overruns. Gonna take some pressure off for the rest of the year, and top off some accounts I've had to draw down on.

Responsible adulting is stressful, yo.

Tax season was rough this year; got dinged for short-term gains in some of my managed portfolios. Gave the managers a ration of shit and told them to minimize those events moving forward, which was the entire point of starting that fund to begin with.

Goddamnit.

If you made it clear to your fund manager to not create excessive short-term gains you should find a different manager.

BobLawblaw
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April 29, 2022, 02:19:45 AM
Merited by philipma1957 (1)

If you made it clear to your fund manager to not create excessive short-term gains you should find a different manager.

Yeah, I told them not to use that one particular manager on my accounts moving forward. Admitted he got a bit too aggressive in one of my accounts.

First world problems of the highest order I guess...

#blessed
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April 29, 2022, 02:22:50 AM
Merited by bitmover (3), JayJuanGee (1)


https://twitter.com/BTC_Archive/status/1519768598348193795?cxt=HHwWhoCz1Z7fppcqAAAA

There's already 3 countries where Bitcoin accepted as legal tender:
1. Panama
2. El Salvador
3. Central African Republic

It's still very tiny area, but I believe when the times has comes, the whole world will be painted with fully orange colors BTC
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April 29, 2022, 02:23:37 AM

...Tax season was rough this year; got dinged for short-term gains in some of my managed portfolios. Gave the managers a ration of shit and told them to minimize those events moving forward, which was the entire point of starting that fund to begin with.

Goddamnit.

80% of managers don't over-perform the market.
FAANG numbers for Q1/Q2 are close to catastrophic (bar Apple), and ALL managers over-weighted in this.
VTSAX is down 14% YTD
FANG+ is down 28% YTD (before AMZN plunge aftermarket)
js

My "stupid" short term bond fund (to counterweight bitcoin /balance portfolio's risk) is doing 28.25% better than FAANG this year so far.
I do have stocks (40% allocation of non-crypto stuff). Those are down, but not as much as prior "leaders".

TL;DR imho, replace advisors with VTSAX. It would simplify things and they (Vanguard) provide a nice PAL (pledged asset line) against it, I heard.
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April 29, 2022, 02:25:14 AM


https://twitter.com/BTC_Archive/status/1519768598348193795?cxt=HHwWhoCz1Z7fppcqAAAA

There's already 3 countries where Bitcoin accepted as legal tender:
1. Panama
2. El Salvador
3. Central African Republic

It's still very tiny area, but I believe when the times has comes, the whole world will be painted with fully orange colors BTC

I see a geometric progression in size.
What's next? candidates: Mexico, Argentina, Brazil?
ChartBuddy
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April 29, 2022, 03:03:33 AM


Explanation
HI-TEC99
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April 29, 2022, 03:04:37 AM

Is bitcoinity stuck on the price from 6 hours ago for everyone else?
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April 29, 2022, 03:11:18 AM


https://twitter.com/BTC_Archive/status/1519768598348193795?cxt=HHwWhoCz1Z7fppcqAAAA

There's already 3 countries where Bitcoin accepted as legal tender:
1. Panama
2. El Salvador
3. Central African Republic

It's still very tiny area, but I believe when the times has comes, the whole world will be painted with fully orange colors BTC

I see a geometric progression in size.
What's next? candidates: Mexico, Argentina, Brazil?

Texas.
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April 29, 2022, 03:34:56 AM

It's still very tiny area, but I believe when the times has comes, the whole world will be painted with fully orange colors BTC

The whole world It will be painted orange but I believe it will not be in Bangladesh.
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April 29, 2022, 03:42:59 AM

Is bitcoinity stuck on the price from 6 hours ago for everyone else?
yes..

stuck for six hours..

u r koreck
philipma1957
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April 29, 2022, 03:51:22 AM
Merited by JayJuanGee (1)

If you made it clear to your fund manager to not create excessive short-term gains you should find a different manager.

Yeah, I told them not to use that one particular manager on my accounts moving forward. Admitted he got a bit too aggressive in one of my accounts.

First world problems of the highest order I guess...

#blessed

I watched this happen to three friends in the 90s during the dot com boom.

They all made a killing amazon and a few other stocks. Their manager did four years in a row over 25%
returns on their managed accounts. It created pressure on the manager to keep those returns going and he eventually had a shit ton of churning. They got stuck with a lot of short term tax.

I was begging them to cash a large piece of their accounts say 14 mill pay the tax and buy 30 year tbills at 8 %

this was 1998 they would have 10 mill at 8% for 30 years in a row.

they were 55 56 65 years old.

one of them did cash 3 mill and buy bonds he thanks me to this day.
Despairo
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April 29, 2022, 03:54:05 AM
Merited by JayJuanGee (1)

It's still very tiny area, but I believe when the times has comes, the whole world will be painted with fully orange colors BTC

The whole world It will be painted orange but I believe it will not be in Bangladesh.
When the whole world already painted, Bangladesh will getting a lot demand to accept it as legal tender. For sure it will happen, same like many countries who ban and unban Bitcoin e.g. China, India, etc.
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April 29, 2022, 03:54:21 AM
Merited by vapourminer (1), Torque (1)

TL;DR imho, replace advisors with VTSAX. It would simplify things and they (Vanguard) provide a nice PAL (pledged asset line) against it, I heard.

Fuck that. QQQ is a better performer.

The Schwab Intelligent portfolios also have been performing incredibly well for me, and will be topping those off plus a bit extra.

Probably going to put off building the house a year out there, but the barn should be going up pretty soon now, FWIW.

Related: Caught a photo of these two fuckers roaming around the pasture - Waiting for things to dry up before they finish off that section of road. Fun times.



Caught this pair on the other side of the property.



#blessed
nanobtc
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April 29, 2022, 04:11:05 AM

Blueking, give it up. No one cares.

Bob, I am fourth gen farmer, I have some pix of Bambi eating apple from my hand.
 
Biodom
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April 29, 2022, 04:21:35 AM

TL;DR imho, replace advisors with VTSAX. It would simplify things and they (Vanguard) provide a nice PAL (pledged asset line) against it, I heard.

Fuck that. QQQ is a better performer.


Not in the last 12 mo and not in 19 years out of the last 22 (QQQ did better in the last three).
Intelligent portfolios-that is something interesting as long as it is all passive.
If there is an active manager? I would never be in, if there are those, though.
Well, well, upon looking it is a too broad (51!) ETF portfolio that is selected by schwab managers, so nope for me.
Long term, they would screw it up, no doubt.
IMHO
ChartBuddy
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April 29, 2022, 05:01:21 AM


Explanation
Cryptotourist
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April 29, 2022, 05:22:59 AM

Yeah, but some feels better than others.

You mean like the one I’m waging on your lying asses? True that!




Who told you I was/am not a royal??  Cheesy

Zero class, that’s who.




- a royal pain in the ass.

That would be me, dear Mr. Robot.




Slow morning. So tired. All in good time.
Good morning ladies and gentlemen, bitches and cunts.

Halfway to nowhere
BobLawblaw
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April 29, 2022, 05:26:09 AM
Merited by Biodom (1)

Well, well, upon looking it is a too broad (51!) ETF portfolio that is selected by schwab managers, so nope for me.
Long term, they would screw it up, no doubt.

We can debate investment vehicles ad-nauseam. Just sharing experiences with what has served me well so far. You may have your reasons for not liking their offerings, but after being on this stupid space rock for a while, and being fucked around enough by various institutions, I find that Schwab "fucks me less" in the grand scheme of things.

They provide me the financial peace-of-mind I desperately need at this stage of my life, with everything going on, and Rick transitioning into retired life now.

At the end of the day, I hold way more corn value in my Bitcoin Core wallet than I do fiat at any financial institution.

* BobLawblaw shrugs
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