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Question: What happens first:
$65,000 - 52 (86.7%)
$48,000 - 8 (13.3%)
Total Voters: 60

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26317153 times)
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Gachapin
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January 12, 2023, 12:07:57 AM
Last edit: January 12, 2023, 12:29:19 AM by Gachapin
Merited by JayJuanGee (1)

holy crap

my short isnt looking so good  Undecided




Hint: you shorted after a 77% drawdown, and BTC at that...


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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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proudhon
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January 12, 2023, 12:11:25 AM

holy crap

my short isnt looking so good  Undecided

There is no chance this holds.
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January 12, 2023, 12:25:08 AM
Last edit: January 12, 2023, 12:35:37 AM by JimboToronto
Merited by El duderino_ (5), xhomerx10 (1), JayJuanGee (1), Toxic2040 (1)

@TrustedBitcoiner

DCA isn't all about accumulating Bitcoin.

I'm currently using DCA to sell Bitcoin to pay my capital gains tax arrears. Rather than selling a chunk of it at once, I'm spreading it out as thin as I can. I talked to the revenue agent assigned to my collection file and explained that selling enough to pay it all now would be foolhardy and that spreading it out over time reduces the risk.

He's fairly aware of Bitcoin (and "crypto") and asked me what I thought of altcoins. Of course I steered him away from shitcoins and told him about steering clear of Ethereum when Vitalik first presented his white paper at Anthony Diorio's Decentral 9 years ago. I explained that pre-mining ethers was an unconscionable scam that I wanted no part of, despite the fact I could have bought them for pennies (in BTC).

That's why I invested in Bitcoin and refused to daytard (gamble) with my investment. I believed in Bitcoin as a world-changing technology and knew my investment would pay off.

I suppose buying when I could was a form of DCA. I didn't base it on a payday (job-free since 1976!) but rather on what I could afford and cherry-picked the dips as best as possible. Now I'm DCAing my sells.

The revenuer seemed to understand and cut me some slack (thanx Bob Dobbs). He's happy with the $15K per month I'm shooting him and I should be OK until the end of April when another >$1M capital gain hits the books. It was so much easier being poor.

Don't knock DCA. It works both ways.
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January 12, 2023, 12:28:10 AM

I buy new ones because I want to make sure they are perfectly sealed and waterproof, so I can wash them under running water when they get dirty.

I believe that my first cell phone was sometime in the mid-90s, even though I cannot remember exactly.. yet it seems that once I started using cell phones, I had never not had one (Oh and I am pretty sure that my first mobile communication device was a beeper in 1996 - but I am not 100% sure that I did not have a mobile communication device prior to that)... anyhow, the point that I am wanting to make is that I cannot remember ever feeling any kind of need to wash any of my devices under running water when they get dirty.. but I know sometimes, I want to listen to them and to take them in the shower.. so there is some needs for some level of water proof and water resistance.. and surely, there are concerns about dropping in the toilet and things like that, which has never happened to me, either.

In the 2009-2012-ish timeframe, I used to go through all kinds of bluetooth headphones because of their lack of waterproofness, especially sweat from the ears going into the buds.. I used to buy those around the back of the neck ones.. and geez I remember paying $60 per pair in 2010-ish.. and then maybe they ended up coming down to $30 per pair in 2015 or 2016.. and then even it seems that I had trouble with the over the head earmuff type ones too for many years. I went through a lot of those too... I bet I had gone through more than 40 headphones between about 2009 to 2017.. I think that the waterproof (sweatproof) technology got better for the blue tooth headsets after that.

I also take it into the shower frequently. The washing I do not so often, but it kind of amazes me to be able to do that with an electronic device

For the sweatproof earphones, have you ever tried professional inears for musicians (like for drummers etc)? I have some from Shure and they can withstand quite a lot of sweat (used them while doing sports).



I see cell phones as an object of daily utility, not as a status thing (lol).

For sure.  Audio.. gosh I used to go through a lot of mobile cassette players... prior to digital transformation.

yeah.. especially Walkmans broke very easily.  Never had one that worked for more than 1-2 years. particularly the expensive and flat ones used to brake quite quickly.
Bigger tape decks were much taffer in my memory.



There is no reason for me to change them every year.  

I'm usually not more frequent than every couple of years, but there tends to be a hand-me-down component that I have historically done..

I have always tended to buy top of the line and part of my thing was storage.. and I had developed systems to try to keep as much music as possible.. so when the memory increased, then I would get a new phone just for the storage.. 1 TB.. around 70k songs.. why not?

I am pretty sure that the top of the line storage in 2014/5 was around 64GB.. and then in 2016-ish was 128GB .. so seemingly vast improvements with each of those doublings.. 256GB, then 512GB and then now 1TB.. I might do 2TB.. but it seems that 1TB getting almost all of my music.. which was something that I like to have.. but then it is not really that I need any of it any one given time... I tend to listen to podcasts on the phone more than music anyhow.. but music tends to play through my computer on a nearly ongoing basis since around 2010-ish.... and I do not tend to stream.. just play already stored songs.. which causes me not to keep up to date with trends as well.. .. but still there is quite a bit of synching of computer songs with phone songs.. which is great.. which is one of the utilities... and a lot of other utilities, too.. can you imagine how many pictures that we have with a pretty advanced camera in our pockets.. and easy peasy to store those too. as compared to just 5 years ago.. and who took pictures with their phones prior to 2007?  Not very common, even though technically possible to see those grainy photos for the phones that even had a camera.. why would you need a camera on a phone?  hahahahaha  I am not even saying that cameras everywhere bring us freedom exactly.. we (the normies) are kind of getting beat up by some of these technologies, too.

The development is amazing.  And I love to buy stuff I need (want) to use.  But for me the yearly changes in smartphone tech rn are so miniscule that I'm ok with replacing my phone all 3 years or so.

I just remembered that Saylor predicted quite some of the scale of this mobile revolution.... good chances that he might be right on BTC as well



Actually, I like it when they get a little bit older and lose value, so I can handle them more naturally without any fear that they get scratched or brake.

Subscription in the country I'm in are dirt cheap when going for Sim only (without phone).  6GB monthly data, free calls, free messages at 6$/month.

quite a bit of world-wide mobility.. something that the powers that be seem to hate.. and are surely engaging in ongoing draconian measures to try to disempower normies in regards to their mobilities.. it is o.k. for the elite to be mobile, but not for the riff raff.

mobility, probably yes.  But tptb love to be able to watch and listen to you anywhere via your smartphone
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January 12, 2023, 12:29:29 AM

There is no chance this holds.

You're probably right.

The Bitcoin/fiat price has been quite boring, but then again, we aren't in this for the fiat, right?
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January 12, 2023, 12:29:53 AM
Merited by JimboToronto (1)

holy crap

my short isnt looking so good  Undecided

There is no chance this holds.

 Boom!  The tide has turned... and on International Cigarettes are Hazardous to Your Health Day too.  It doesn't get any better than this.

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January 12, 2023, 12:31:00 AM
Merited by xhomerx10 (1), jojo69 (1)

holy crap

my short isnt looking so good  Undecided

There is no chance this holds.

You misspelled "hodls".
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January 12, 2023, 12:39:25 AM
Merited by JimboToronto (1)

holy crap

my short isnt looking so good  Undecided

 It's not too late to DCA.  I'll get you some help!

 Hey @JJG, clean up in aisle 31782
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January 12, 2023, 12:48:48 AM
Merited by El duderino_ (5)

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January 12, 2023, 12:50:15 AM

holy crap

my short isnt looking so good  Undecided

There is no chance this holds.

so i should double down then.

good plan
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Meh.


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January 12, 2023, 12:56:33 AM

Liftoff  Cool
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Cлaвa Укpaїнi!


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January 12, 2023, 12:59:38 AM

More weapons to the black hole called Ukraine.

Britain discusses how to send ‘game-changing’ tanks to Ukraine
https://www.politico.eu/article/british-tanks-game-changing-ukraine-uk-no-10-says/

 Roll Eyes

Everything is "game changing".

They just need that next thing and after that the next game changing thing until we accept western boots on the ground.

Mark my words.


Good!
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January 12, 2023, 01:01:06 AM
Merited by JimboToronto (2), Hhampuz (2)

Up up and away. Did you catch the bottom? Was it obvious yet? Where are we going from here?

I think this rally is going to take us over $30K before it stops. Perhaps a few months of up only. Why am I so bullish? Simple. The market never should have dropped this low. It only did because of all the scammers like Barry and Sam that suppressed this market. The rubber is hitting the road though. Don’t be left behind.
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January 12, 2023, 01:01:16 AM


Explanation
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January 12, 2023, 01:02:01 AM
Last edit: January 12, 2023, 01:14:16 AM by JayJuanGee

[edited out]
fair enough, I'm think more along the lines of Philip has X amount (cash in hand) he's comfortable putting into bitcoin and how best to go about that. to which i say put in half Now and hope that it dips below where you bought so he can put in the rest.

Ok.. well that's a different scenario is someone actually has some amount of money in cash that they are figuring out what to do with... so in that situation, you and I would not be very far apart in terms of trying to figure out the different categories of ways to invest it.  It's a different story if you had an investment fund that was already invested in a variety of assets, versus if you have no investments...

But if we are only considering the amount to either stay in cash or go into bitcoin, then part of the consideration is whether we buy now, whether we defer some of the buying and whether we buy on dips.. so generally speaking though, I am thinking that if we have a lump of cash that is all of a sudden available and already authorized for bitcoin, but just a matter of when or if to hold in reserves, then most likely we would make an initial presumptive division into the three default categories which is lump sum, DCA and buy on dip... but of course, those do not necessarily need to be equally divided and the decision could be to allocate one or the other category to zero, but as a presumptive default they might each be equally allocated, and then if there is a reason to weigh more in one direction or another than that can be fairly easily decided based on individual weighing of what are the other aspects of the finances and psychology and maybe any two people would differ in their results or maybe they come out with similar results but for different reasons.  

How's that short going, by the way?

#asking for a friend

holy crap

my short isnt looking so good  Undecided

Oh?

You already answered the question.

holy crap

my short isnt looking so good  Undecided
There is no chance this holds.
so i should double down then.

good plan

A little less cocky about the guaranteed "down before up," no?  We've heard that "down before up" one a million-ish times in these parts, and it is guaranteed, until it is not... which can be an issue... and sometimes contributes towards everlasting psychological damage to those who continue to tell us that it is going back down..  Jonoiv is not the only cocky-ass disappeared member with that issue.  I think that he is still waiting for sub-$2k because he was too greedy and too smart to buy back in when the price went to sub $4k in March 2020.
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January 12, 2023, 01:33:00 AM
Merited by vapourminer (1)

...

Here is a leaked list of WEF 2023 attendees:

https://www.lifesitenews.com/wp-content/uploads/2023/01/Redactedweffinaldavos2023.pdf

The list is sorted by country then by who each attendee works for.  Note that the CEO of Chainalysis (from the USA) is attending...
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January 12, 2023, 01:35:14 AM

holy crap

my short isnt looking so good  Undecided
There is no chance this holds.
so i should double down then.

good plan

A little less cocky about the guaranteed "down before up," no?  We've heard that "down before up" one a million-ish times in these parts, and it is guaranteed, until it is not... which can be an issue... and sometimes contributes towards everlasting psychological damage to those who continue to tell us that it is going back down..  Jonoiv is not the only cocky-ass disappeared member with that issue.  I think that he is still waiting for sub-$2k because he was too greedy and too smart to buy back in when the price went to sub $4k in March 2020.

that will never happen to me.

i did double down btw  Cool
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January 12, 2023, 01:46:19 AM

Up up and away. Did you catch the bottom? Was it obvious yet? Where are we going from here?

I think this rally is going to take us over $30K before it stops. Perhaps a few months of up only. Why am I so bullish? Simple. The market never should have dropped this low. It only did because of all the scammers like Barry and Sam that suppressed this market. The rubber is hitting the road though. Don’t be left behind.

Good pump but not sure if we still have hit the bottom. Hoping that it continues to pump from now onwards. Hopefully the bear market is over and the Bull market has returned.
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January 12, 2023, 02:01:17 AM


Explanation
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January 12, 2023, 02:12:52 AM
Merited by vapourminer (1), JimboToronto (1), Hueristic (1), JayJuanGee (1)

holy crap

my short isnt looking so good  Undecided
There is no chance this holds.
so i should double down then.

good plan

A little less cocky about the guaranteed "down before up," no?  We've heard that "down before up" one a million-ish times in these parts, and it is guaranteed, until it is not... which can be an issue... and sometimes contributes towards everlasting psychological damage to those who continue to tell us that it is going back down..  Jonoiv is not the only cocky-ass disappeared member with that issue.  I think that he is still waiting for sub-$2k because he was too greedy and too smart to buy back in when the price went to sub $4k in March 2020.

that will never happen to me.

i did double down btw  Cool

Mindset like yours cannot be helped! Good luck with your shorting/daytrading...

The price will go down once you get liquidated and it will make you feel like you were so almost there! it's like a drug, you will try again and again until you are left with nothing!
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