Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[infofront]

FWIW, I'm HODLing until at least next week. Still on track for end of Q1 retirement. Resolving some banking and exchange issues with making sure wire transfers are cleanly hitting the target account (... have I mentioned how silly the entire banking system is ?)

Still in the process of moving off the first large chunk of fiatcoin off the exchange, and don't want to load up any more until the USD balance reads $0. Over half-way there at this point.

Mentally "OK" will selling the next chunk @ $12.5k USD/BTC, but my gut tells me we're going to head above that by the time I'm ready to cash out again, sometime mid next week.

What's your retirement strategy in regards to balancing fiat and bitcoin?

[1714011966]

1714011966

[1714011966]

1714011966

[1714011966]

1714011966

[thrax]

FWIW, I'm HODLing until at least next week. Still on track for end of Q1 retirement. Resolving some banking and exchange issues with making sure wire transfers are cleanly hitting the target account (... have I mentioned how silly the entire banking system is ?)

Still in the process of moving off the first large chunk of fiatcoin off the exchange, and don't want to load up any more until the USD balance reads $0. Over half-way there at this point.

Mentally "OK" will selling the next chunk @ $12.5k USD/BTC, but my gut tells me we're going to head above that by the time I'm ready to cash out again, sometime mid next week.

What banking issues do you get when moving huge amounts of money from an exchange to a bank account?

[Last of the V8s]

https://uk.reuters.com/article/us-global-bitcoin-france-germany/france-germany-to-make-joint-bitcoin-regulation-proposal-at-g20-summit-idUKKBN1F728X?il=0
looks like we're going to have to fight them on the beaches again

[User705]

FWIW, I'm HODLing until at least next week. Still on track for end of Q1 retirement. Resolving some banking and exchange issues with making sure wire transfers are cleanly hitting the target account (... have I mentioned how silly the entire banking system is ?)

Still in the process of moving off the first large chunk of fiatcoin off the exchange, and don't want to load up any more until the USD balance reads $0. Over half-way there at this point.

Mentally "OK" with selling the next chunk @ $12.5k USD/BTC, but my gut tells me we're going to head above that by the time I'm ready to cash out again, sometime mid next week.

EDIT: a word

All these retirement posts.  Smells like a top.

[jojo69]

I'm bored

[Biodom]

FWIW, I'm HODLing until at least next week. Still on track for end of Q1 retirement. Resolving some banking and exchange issues with making sure wire transfers are cleanly hitting the target account (... have I mentioned how silly the entire banking system is ?)

Still in the process of moving off the first large chunk of fiatcoin off the exchange, and don't want to load up any more until the USD balance reads $0. Over half-way there at this point.

Mentally "OK" with selling the next chunk @ $12.5k USD/BTC, but my gut tells me we're going to head above that by the time I'm ready to cash out again, sometime mid next week.

EDIT: a word

In the other news: "Bitcoin has been undergoing a slight dip as the notorious self described "gay cowboy" bitcointalk message board poster was selling to finance his presumably lavish "retirement" style."

 

[Karartma1]

Compared to other threads on bitcointalk, reddit, twitter, facebook.

It seems everybody in this thread is chill and hodling.

Guess being an old adopter comes with its perks.

If you attended the WO thread during the dark days of 2014/2015, well those last two days are just nothing compared. We saw bitcoin coming to where it is now.
What did I learn from those days?
The following:

[Torque]

Compared to other threads on bitcointalk, reddit, twitter, facebook.

It seems everybody in this thread is chill and hodling.

Guess being an old adopter comes with its perks.

The problem is that the crypto kiddies don't really have any skin in the game to see things play out long term. If they put in $300 or even $1000 and they end up with 50% profit (say $1500), they cash out and go blow it on something stupid. Presumably because their mind tells them "Well I'll never get wealthy on $1500 anyway, might as well just spend it then." Meanwhile they continue to run up their credit cards and work hand-to-mouth, essentially forever.

This is the mindset of the forever poor. They can't conceive of how to turn that $1500 into $5k, then $20k, then $100k, and so on until they have some real wealth. This is why there aren't more millionaires running around in every country of the world. No long term vision, no patience, and no discipline. It can take a decade or two to build real wealth, which so many don't have the vision or patience for.

[OWZ1337]

Compared to other threads on bitcointalk, reddit, twitter, facebook.

It seems everybody in this thread is chill and hodling.

Guess being an old adopter comes with its perks.

The problem is that the crypto kiddies don't really have any skin in the game to see things play out long term. If they put in $300 or even $1000 and they end up with 50% profit (say $1500), they cash out and go blow it on something stupid. Presumably because their mind tells them "Well I'll never get wealthy on $1500 anyway, might as well just spend it then." Meanwhile they continue to run up their credit cards and work hand-to-mouth, essentially forever.

This is the mindset of the forever poor. They can't conceive of how to turn that $1500 into $5k, then $20k, then $100k, and so on until they have some real wealth. This is why there aren't more millionaires running around in every country of the world. No long term vision, no patience, and no discipline. It can take a decade or two to build real wealth, which so many don't have the vision or patience for.

ya these millennials even if you gave them wealth ~ do they know what to do with it? Investing in the real world is a loooong and boring game that takes immense patience...this fast food society :\ meh

[yonton]

12000 resistance is getting weaker

[Paashaas]

Making (life changing) profits is nice but it should not be youre main focus. A lot of projects comming oure way to achieve financial freedom.

Fck banksters, Fck goverments, Fck this rotten financial fiat debt slave pyramid ponzi slave system, Fck Roger Ver and his shills.

Bitcoin gives the power back to the people that is by orders of magnitude more important.

[Elwar]

What's with $200 spread on Bitfinex vs everyone else ?

Perhaps a big short on finex?

[Deeyoh]

Noticed that earlier during the 1000BTC $12k sell wall break through this morning. All the other exchanges broke through but Bitfinex never made it past 11,900.  Looks like a bearwhale wanted to offload or maybe trying to cover huge shorts.

[jbreher]

https://uk.reuters.com/article/us-global-bitcoin-france-germany/france-germany-to-make-joint-bitcoin-regulation-proposal-at-g20-summit-idUKKBN1F728X?il=0
looks like we're going to have to fight them on the beaches again

Not the beaches again. Grrr. i was kinda hoping for the hills this time.

[yonton]

Bittrex, polo and many others haven't broken 12000 yet. Actually it was only gdax and bitstamp that had a fake break. My finger is reaching for full margin.

[xhomerx10]

Compared to other threads on bitcointalk, reddit, twitter, facebook.

It seems everybody in this thread is chill and hodling.

Guess being an old adopter comes with its perks.

The problem is that the crypto kiddies don't really have any skin in the game to see things play out long term. If they put in $300 or even $1000 and they end up with 50% profit (say $1500), they cash out and go blow it on something stupid. Presumably because their mind tells them "Well I'll never get wealthy on $1500 anyway, might as well just spend it then." Meanwhile they continue to run up their credit cards and work hand-to-mouth, essentially forever.

This is the mindset of the forever poor. They can't conceive of how to turn that $1500 into $5k, then $20k, then $100k, and so on until they have some real wealth. This is why there aren't more millionaires running around in every country of the world. No long term vision, no patience, and no discipline. It can take a decade or two to build real wealth, which so many don't have the vision or patience for.

 Most of the GDP of nearly every country stems from consumer spending.  Those long term gains built from your patience and vision depend on it.  If everyone tried to live as you, it would be much more difficult for you and me to build real wealth. 
Shhhhh...

[Elix9]

Oof 

[jbreher]

Fck banksters, Fck goverments, Fck this rotten financial fiat debt slave pyramid ponzi slave system, Fck Roger Ver and his shills.

♫♩♩♩♩♫♫
One of these things is not like the others
♫♩♩♩♫♫
One of these things ain't really the same

[Last of the V8s]

yeah no one wants to fuck Ver that's for sure

[infofront]

Fck banksters, Fck goverments, Fck this rotten financial fiat debt slave pyramid ponzi slave system, Fck Roger Ver and his shills.

♫♩♩♩♩♫♫
One of these things is not like the others
♫♩♩♩♫♫
One of these things ain't really the same

Like most things, that depends on your perspective.