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Question: What happens first:
New ATH - 41 (70.7%)
<$60,000 - 17 (29.3%)
Total Voters: 58

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26354403 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.)
JimboToronto
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February 21, 2024, 03:31:16 PM
Merited by El duderino_ (8), vapourminer (1), JayJuanGee (1), AlcoHoDL (1)

Of course, when any of us get into our elderly years where we might be more fragile and/or subjected to needs of liquidity, we may well need to keep some of our extra value in cash.. but like you said, if you already have a decent amount in other assets, then you may well be able to run the risk of having most of the rest, even the cushion in bitcoin.

When I speak of taking dividends, I don't mean necessarily taking them and holding them in fiat currencies. It's still best to hold them as Bitcoin.

It's more a matter of being able to buy that second house, business, vehicle, or other lifestyle improvement without wiping out your nest egg.

Of course you keep your cushion in Bitcoin. Unfortunately, purchasing real estate, vehicles, travel, etc usually requires fiat currencies. I was lucky to be able to buy my principal vehicle, my John Deere Gator, with Bitcoin, avoiding the need to convert to dollars to make the purchase. Of course my lake, city house, dental implants and other major purchases required dollars or pesos.

I usually keep only a minimum dollar balance on hand for purchases and in my bank account to avoid bank charges and pay utility bills, etc and only buy dollars or pesos as need be.
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February 21, 2024, 04:01:15 PM


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JimboToronto
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February 21, 2024, 04:59:33 PM
Merited by xhomerx10 (1)

your bets guys... will 50k hold over the next 3 days?

I'd say we'll dip below

Will 53k hold for the next 3 days?

I'd say it's iffy.
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WatChe
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February 21, 2024, 05:18:37 PM


Never underestimate the bull run speed of Bitcoin. It can even beat Usain Bolt.
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February 21, 2024, 06:01:20 PM


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LoyceV
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February 21, 2024, 06:37:45 PM

Remember we were below 40K just 4 weeks ago, lol.
I've long forgotten that Smiley
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February 21, 2024, 07:01:17 PM


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February 21, 2024, 07:15:39 PM

Remember we were below 40K just 4 weeks ago, lol.
I've long forgotten that Smiley

 Forgotten what now?
philipma1957
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February 21, 2024, 07:51:25 PM
Merited by JayJuanGee (1)

your bets guys... will 50k hold over the next 3 days?

I'd say we'll dip below

Will 53k hold for the next 3 days?

I'd say it's iffy.

will we stay under 55,555 in the next 5 days.

I say it is a 50-50 chance  Wink
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February 21, 2024, 08:03:32 PM


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goldkingcoiner
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February 21, 2024, 08:32:03 PM
Merited by Gachapin (1)

your bets guys... will 50k hold over the next 3 days?

I'd say we'll dip below

Will 53k hold for the next 3 days?

I'd say it's iffy.

will we stay under 55,555 in the next 5 days.

I say it is a 50-50 chance  Wink

The way I see it, we will either bounce off of 49.6k or 47.5k but we will be sub 50k probably for a short while.
It's ok, though. Bitcoin was pumping really hard so it needs a breather.

Poor lil fella's all tuckered out.

OgNasty
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February 21, 2024, 08:43:18 PM
Merited by El duderino_ (5), JayJuanGee (1), Gachapin (1)

your bets guys... will 50k hold over the next 3 days?

I'd say we'll dip below

Will 53k hold for the next 3 days?

I'd say it's iffy.

will we stay under 55,555 in the next 5 days.

I say it is a 50-50 chance  Wink

The way I see it, we will either bounce off of 49.6k or 47.5k but we will be sub 50k probably for a short while.
It's ok, though. Bitcoin was pumping really hard so it needs a breather.

Poor lil fella's all tuckered out.

It needed to reload. The next leg up takes us to test the all time high. We’ll all be exhausted with calls from friends and family, not to mention seeing Bitcoin articles plastered all over the internet. It’s good we’re getting this chance to catch our breath before the fireworks start shooting. Take advantage and get your bags ready to go.
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February 21, 2024, 09:01:18 PM


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Amphenomenon
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February 21, 2024, 09:42:45 PM

your bets guys... will 50k hold over the next 3 days?

I'd say we'll dip below

Will 53k hold for the next 3 days?

I'd say it's iffy.

will we stay under 55,555 in the next 5 days.

I say it is a 50-50 chance  Wink

The way I see it, we will either bounce off of 49.6k or 47.5k but we will be sub 50k probably for a short while.
It's ok, though. Bitcoin was pumping really hard so it needs a breather.

Poor lil fella's all tuckered out.

It needed to reload. The next leg up takes us to test the all time high. We’ll all be exhausted with calls from friends and family, not to mention seeing Bitcoin articles plastered all over the internet. It’s good we’re getting this chance to catch our breath before the fireworks start shooting. Take advantage and get your bags ready to go.
Literally, I don't think this is time for dip, halving is a still in a month plus but majority will HODL since we all have the belief that bitcoin will hit ATH before halving.

While I think during halving bitcoin will get to around $30k - $35k and then after halving, up up and away, probably within this year to before mid next year $100k  Grin
vapourminer
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what is this "brake pedal" you speak of?


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February 21, 2024, 09:50:50 PM
Merited by xhomerx10 (1), JayJuanGee (1)

your bets guys... will 50k hold over the next 3 days?

I'd say we'll dip below

Will 53k hold for the next 3 days?

I'd say it's iffy.

will we stay under 55,555 in the next 5 days.

I say it is a 50-50 chance  Wink

no i say 44,444 in the next 4 days

40/40 chance
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February 21, 2024, 10:03:25 PM


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February 21, 2024, 10:08:18 PM
Merited by El duderino_ (10), vapourminer (1), JayJuanGee (1), jojo69 (1)


no i say 44,444 in the next 4 days

40/40 chance

That math makes no sense.

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February 21, 2024, 10:37:52 PM
Merited by vapourminer (1)


no i say 44,444 in the next 4 days

40/40 chance

That math makes no sense.



I will have to fold as that 40/40 chance is tough to beat
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February 21, 2024, 11:01:18 PM


Explanation
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