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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26894930 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 1 users with 9 merit deleted.)
ChartBuddy
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June 10, 2023, 11:04:53 AM


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JayJuanGee
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June 10, 2023, 11:37:34 AM
Last edit: June 10, 2023, 12:18:40 PM by JayJuanGee
Merited by LFC_Bitcoin (2), Paashaas (1)

Does not matter much as getting rich was never my agenda.

Good thing that you did not get rich.

In some sense, you have been successful especially since it would be difficult to become too richie if you had been buying a lot of your coins between $30k and $60k and then selling most if not all of them there coins at $20k and then focused upon promoting and buying uncle sam's IBonds at $16k.

Sucks to be uie-pooie, even if you might have been achieving your having fun staying poor mission.

 Cry Cry Cry Cry Cry


Brutal

I tell ya its tough out there. Being in crypto gets you no respect.

Wow...    Shocked Shocked Shocked

You must be competing with Philip in regards to who can have fun staying poor the MOAR quickly.

Have you thought about Ibonds?


Went to the barber today, said what kind of haircut can I get for 100 DOGE

He said 100 DOGE gets you a shampoo of my balls

Then he doused me with barbicide and set me on fire

No respect at all

Oh?  Even MOAR better.  

Philip appreciates dee essence of dee doggie coin too..


Several times, Philip told us that he believes doggie coin is probably going to be the ONLY POW coin standing (though yeah of course Philip is projecting out 30-ish years to the extent that he knows shit regarding how the various POW coins work and how the incentives to mine doggie coin are better (from his dumbass point of view) than bitcoin..).


If you know quality and you have long term thinking can't go wrong with a wee bit of doggie... - especially if your objective involves having fun staying poor.

Ps.. I am starting to feel a wee bit bad in regards to overly beating up (focusing) on Philip.. he does not even completely deserve it.. I am kind of sorry Philip..,.., there might not be enough depressing things in bitcoinlandia to talk about.. so I suppose there can develop feelings of gotta lash out  .   Wink Wink Wink

Most people here will be driving a brand new car in approximately 24 months from now.  Smiley
Never buy brand new, always a shitty investment. As soon as you drive it off the forecourt it loses value. I always go for 6-9 months old.

I will be getting a new whip in the next bull cycle again, well a 6-9 month old one Smiley

If you are worried about value.. then frequently three years is pretty good on the depreciation and still having good chances of being like new.. partly depending on how much it might have had been used too... but hey.. yeah, the markets surely do change and some cars hold their value more than others.. but we could not necessarily count on newer cars (less than 3 years old) holding their value very well.

In my own situation, several times I had mentioned that in more than my first 20 years after leaving home, I had never bought any new cars (unlike a lot of my friends), and around 2010 or so - I was starting to feel that I had a lot of excessive income, savings and investments, so at some point, we might no longer care about whether some of our "consumables" are holding their value .. because we don't mind spending some excessive money.. and at the same time, I do get what might be your point.. which might be that there are too many people who buy way too many depreciating consumables way too early in their living (or what should be investing periods of their lives), but if they had invested their money in decently good ways, then at later points.. maybe 10, 20 or 30 years later, then they likely could end up in a place in which they might be able to spend way more than they had been doing in what should have had been in their earlier investing and saving years.

Many of us likely realize that if we are building our own wealth and starting out without too many resources or income and maybe we have to invest in ourselves (college or some kind of learning or trade), and it may well be quite difficult to really build wealth in such a way that we have excess wealth at any time prior to 10 years into our building of our savings/investing.. and sometimes we might have some difficulties getting to that point even after 20 or 30 years, so how are we going to know if we have reached a kind of "excess wealth" status, or if we might be living within a kind of false perception of the solidness of our own situation?

It seems to me that getting involved in bitcoin likely does help us to be able to build a kind of potential of being able to short-cut the amount of time that it is going to take to get to a kind of excess wealth status.. and still I have my doubts absent some unusual, lucky or false sense of reality circumstances, about getting to a kind of "excessive wealth status" in less than 10 years..

...and frequently we are likely going to be needing some decent amounts of wealth cushion in our lives prior to pulling various forms of fuck you levers** (and maybe that could be part of the rationale for diversifying some of our wealth as we have gained wealth.. in order to that we might not have all of our wealth in one or two assets.. such as ONLY in bitcoin and cash.. even though I surely am not against the idea of focusing and not diluting investing amounts in our earlier stages of building our investment portfolio, which may well end up meaning ONLY having a couple of investments in the first several years (maybe even the first 5-8 years or so).. but at some point, there likely is some needs for diversification outside of bitcoin - such as into equities, property, commodities, bonds (or cash equivalents).. and surely shitcoins are not really necessary as a diversification.. even if they might scratch some kind of a gambling itch.. so long as their amounts are kept in the low-ish category.. perhaps less than 10 % of the size of our bitcoin investment size might be within the realm of acceptable.

** surely I recall some forum members (WO participants) telling us how within their bitcoin (and shitcoin) journies they had pulled the fuck you lever way too early.. which really seems to be problematic to get into a position to have to go back to working as a Wallmart greeter after believing that you had enough wealth to support the costs of a yacht and including the lifestyle of hookers, Lambos and blow... (and yeah many times these guys and gals are not really going to disclose exactly and we may well be able to reasonably infer the situation and they may well end up admitting to how tricky it can be to get to a kind of excessive wealth status that might rise to reasonable expectations of fuck you status - rather than pie in the sky thinking status) and surely my own perception is to build the wealth to such a level that you would be living off the income from the principle (passive income) which would be in the ballpark of 4% per year, rather than depleting the principle.. and easier said than done to accomplish appropriate valuations regarding what is the value of the principle. and then how to calculate withdrawing the 4%.. and do you really have enough to start withdrawing and are you overly withdrawing or what?  and is your investments their value.. or sufficiently appreciating (on average) to justify your 4% withdrawal rate..
El duderino_
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June 10, 2023, 11:40:12 AM
Merited by LFC_Bitcoin (11), fillippone (3), Paashaas (1), HI-TEC99 (1)

https://twitter.com/thebtctherapist/status/1667490577762467841?s=46&t=1pkPzC1FtXIsCLMoTb1G1Q
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June 10, 2023, 12:04:57 PM


Explanation
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June 10, 2023, 12:24:31 PM

Meanwhile..
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June 10, 2023, 12:47:13 PM
Last edit: June 10, 2023, 01:05:57 PM by Paashaas
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Most people here will be driving a brand new car in approximately 24 months from now.  Smiley

Never buy brand new, always a shitty investment. As soon as you drive it off the forecourt it loses value. I always go for 6-9 months old.

I will be getting a new whip in the next bull cycle again, well a 6-9 month old one Smiley

Yhea, depreciation value is notorious the moment driving off from the dealer. Will import a car from Germany they have bigger supply and it is substantial cheaper, preferably between 1000km/621miles and 10.000km/6.213miles range. It will be a Mercedes, BMW ore a Porsche.

Nevertheless, knowing what's coming, it is fun and exciting at the same time looking around for models to pick from.

Hope seeing you there with Ferrari Purosangue or Porsche Macan.

No space for weak hands. Haha

Would love driving a Ferrari portofino, it is the ultimate leisure car for those sunny day's. Who knows what will happen maybe in 10 a 20 years lol.
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June 10, 2023, 01:01:19 PM


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philipma1957
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June 10, 2023, 01:24:54 PM

Brutal

I tell ya its tough out there. Being in crypto gets you no respect.

Went to the barber today, said what kind of haircut can I get for 100 DOGE

He said 100 DOGE gets you a shampoo of my balls

Then he doused me with barbicide and set me on fire

No respect at all

If my barber shampoos my balls for 100 doge I am getting a lot of ball shampoos Grin
JayJuanGee
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June 10, 2023, 01:40:18 PM

Brutal

I tell ya its tough out there. Being in crypto gets you no respect.

Went to the barber today, said what kind of haircut can I get for 100 DOGE

He said 100 DOGE gets you a shampoo of my balls

Then he doused me with barbicide and set me on fire

No respect at all
If my barber shampoos my balls for 100 doge I am getting a lot of ball shampoos Grin

HODL that doggie

Don't be spending dee doggie


Don't you want to continue with your "streak?"  #askingforafriend


 Cheesy Cheesy Cheesy Cheesy Cheesy
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June 10, 2023, 02:10:09 PM

https://twitter.com/Beautyon_/status/1667343676027052035?t=u-lCusKhS_-i3-Jk506V9g&s=19
Solidifying the Idea of Bitcoin” by Beautyon

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June 10, 2023, 02:19:17 PM

@philipma1957 do understand you failure and your frustration. You being a legendary should understand that no one follows you principal of being poor.


Your experience proves how much you have a sense of dignity. I assume none, as you discuss about a shit coin. May be you are bluffing or this event is a sarcastic approach.

If not then you will get fcuk everytime when a shitshotcoin is involved.
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June 10, 2023, 02:22:44 PM

@philipma1957 do understand you failure and your frustration. You being a legendary should understand that no one follows you principal of being poor.


Your experience proves how much you have a sense of dignity. I assume none, as you discuss about a shit coin. May be you are bluffing or this event is a sarcastic approach.

If not then you will get fcuk everytime when a shitshotcoin is involved.

Poor is okay.  But frankly I am not rich which does not mean I am poor.

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June 10, 2023, 02:29:13 PM
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Russian hackers have been charged for laundering 647,000 #Bitcoin from Mt. Gox



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JayJuanGee
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June 10, 2023, 02:32:53 PM

@philipma1957 do understand you failure and your frustration. You being a legendary should understand that no one follows you principal of being poor.
Your experience proves how much you have a sense of dignity. I assume none, as you discuss about a shit coin. May be you are bluffing or this event is a sarcastic approach.

If not then you will get fcuk everytime when a shitshotcoin is involved.

Poor is okay.  But frankly I am not rich which does not mean I am poor.

Good point
Philip
ma
1957

what's better

or what is worser

being a rich poor guy?

or

being a poor rich guy?

 Wink Wink Wink


Relatively speaking, many of us likely realize that just being able to live with food, lodging and perhaps a few other conveniences without too many burdens is a kind of richness.. and so in that regard, sometimes we might consider from which basket of value are we going to spend in order that we can pay for our food, lodging and other conveniences? 

Are we going to run out?

is there fear of running out?

I will concede that probably many times there are going to be some fears.. even if we might feel that our basic needs are currently being met and there seem to exist ongoingly good likelihoods of continuing to be able to meet those.
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June 10, 2023, 02:37:32 PM
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...

what's better

or what is worser

being a rich poor guy?

or

being a poor rich guy?

...

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June 10, 2023, 02:39:01 PM

Why suddenly we find a new user start posting on this thread?

I did a few checks and I found those sudden members either belong to the Pakistan local board or the Bangladesh. IMO this thread is getting hacked by these guys.

Because of multiple scams from users associated with the new local boards, I think those who are active on this board should check before giving any merits. I am aware it is not an easy task.

My only intention was to prevent scammers from getting merits as this thread is one of the easiest way to gain merits.
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June 10, 2023, 03:01:22 PM


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JayJuanGee
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June 10, 2023, 03:14:52 PM
Merited by HI-TEC99 (1)

...what's better

or what is worser

being a rich poor guy?

or

being a poor rich guy?...


Oh? whatever.. .. fine

Publicly lambast me!    Angry Angry Angry Angry

I admit that I did not realize that there are three options.   fml

Why suddenly we find a new user start posting on this thread?

I did a few checks and I found those sudden members either belong to the Pakistan local board or the Bangladesh. IMO this thread is getting hacked by these guys.

Because of multiple scams from users associated with the new local boards, I think those who are active on this board should check before giving any merits. I am aware it is not an easy task.

My only intention was to prevent scammers from getting merits as this thread is one of the easiest way to gain merits.

Yeah..

that's right it is not an easy task


easier said than done.


What kinds of due diligence or otherwise changes to the merit distribution policies/practices are you proposing?

Are we going to make a list of the problematic members who are receiving?  well I am not going to necessarily concede that I am going to change my current practices of sending smerits absent some kind of agreeable proposal.. or maybe some of the restrictions on smerit sending would have to be forced upon some of us (including yours truly) who are sending smerits.. because some of us might not necessarily volunteer to it.. or even consider the problem to be as BIG as other members perceive the problem to be...and it is not even a new problem.. even though yeah the merit system has ONLY been in place since early 2018.. so 5.5 years, so far.

highlighting abusive members (whether receivers or senders) seems somewhat feasible but not really feasible at the same time in terms of necessarily causing some of us (whether myself or anyone else) from actually sending smerits if we might come to different conclusions in regards to whether a smerit(s) might be sent to such perceived to be "undeserving" member, and I am not even sure if the harm is as great as you seem to be suggesting it to be.. .but hey.. there are other members in these here parts who also agree with your "concerns" about the merit farmers and believe that newbies should not be eligible to receive merits absent some higher bar levels.....and surely we might realize that this is no exclusive or elite thread, even if it is already known as the most prolific thread and also the most merit receiving thread.. and that has been known for many years (but maybe the word is getting out, right?.. right? right?) ..

...and I have reservations regarding the practicality of any of the suggestions that have been made so far.... and even suggestions that members must have a certain number of merits to post in this here thread sounds all fine and dandy in theory.. but surely problematic in practice and even problematic if any of us think about the matter beyond some kind of concerns that undeserving people (or bots) are receiving merits because they "know how to work the system," and I have my doubts that theymos would be agreeable to proposals that may well cause more costs than benefits --- in terms of stifling forum participation.. .. if some form of merit threshold or exclusivity might be what you might be considering as a possible way of dealing with the matter... because some of us who send smerits are not likely going to appreciate micro-managing attempts at our discretion, even if proposed with decently good intentions.

Another thing that members do is to publicly shame some of the posters, and sometimes that might cause them to go away or to refrain from posting or at least the level of their seeming abuse is highlighted but still does not mean that those same perceived to be abusive members might not still end up receiving merits.
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June 10, 2023, 03:22:27 PM

yawn... the last two months feel like a year long bear market...
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