Bitcoin Forum
July 24, 2019, 09:47:00 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: July 28 Closing Price:
<$3,000 - 6 (7%)
<$8,000 - 5 (5.8%)
$8,001-$8,500 - 2 (2.3%)
$8,501-$9,000 - 4 (4.7%)
$9,001-$9,500 - 11 (12.8%)
$9,501-$10,000 - 6 (7%)
$10,001-$10,500 - 8 (9.3%)
$10,501-$11,000 - 14 (16.3%)
$11,001-$11,500 - 8 (9.3%)
$11,501-$12,000 - 4 (4.7%)
$12,001-$12,500 - 4 (4.7%)
$12,501-$13,000 - 3 (3.5%)
$13,001-$13,500 - 2 (2.3%)
$13,501-$14,000 - 2 (2.3%)
>$14,000 - 3 (3.5%)
>$18,000 - 4 (4.7%)
Total Voters: 86

Pages: « 1 ... 19575 19576 19577 19578 19579 19580 19581 19582 19583 19584 19585 19586 19587 19588 19589 19590 19591 19592 19593 19594 19595 19596 19597 19598 19599 19600 19601 19602 19603 19604 19605 19606 19607 19608 19609 19610 19611 19612 19613 19614 19615 19616 19617 19618 19619 19620 19621 19622 19623 19624 [19625] 19626 19627 19628 19629 19630 19631 19632 19633 19634 19635 19636 19637 19638 19639 19640 19641 19642 19643 19644 19645 19646 19647 19648 19649 19650 19651 19652 19653 19654 19655 19656 19657 19658 19659 19660 19661 19662 19663 19664 19665 19666 19667 19668 19669 19670 19671 19672 19673 19674 19675 ... 24627 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21297672 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. (103 posts by 19 users deleted.)
bitserve
Hero Member
*****
Offline Offline

Activity: 910
Merit: 765


HODL.


View Profile
February 17, 2018, 02:36:46 AM

If you had more than 1000 Bitcoins and you were only another 100BTC sell away for retiring for good no matter if it is at 10K, 12K or whatever.... wouldn't you pull the trigger already? I know I would.

Already funded my retirement portfolio in early January before BTC dropped below $11.5k. I now have the luxury of waiting for the next month for things to go higher before I sell to cover tax liabilities.

The next batch for Q1 tax will likely be the last batch I sell before 2020... when I plan to buy Ireland.

Then that's a different thing. You are now REALLY completely free to "play" with your stash. I thought you still needed another batch for completing your retirement funds target.

Congrats again! Smiley
1563961620
Hero Member
*
Offline Offline

Posts: 1563961620

View Profile Personal Message (Offline)

Ignore
1563961620
Reply with quote  #2

1563961620
Report to moderator
1563961620
Hero Member
*
Offline Offline

Posts: 1563961620

View Profile Personal Message (Offline)

Ignore
1563961620
Reply with quote  #2

1563961620
Report to moderator
1563961620
Hero Member
*
Offline Offline

Posts: 1563961620

View Profile Personal Message (Offline)

Ignore
1563961620
Reply with quote  #2

1563961620
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563961620
Hero Member
*
Offline Offline

Posts: 1563961620

View Profile Personal Message (Offline)

Ignore
1563961620
Reply with quote  #2

1563961620
Report to moderator
1563961620
Hero Member
*
Offline Offline

Posts: 1563961620

View Profile Personal Message (Offline)

Ignore
1563961620
Reply with quote  #2

1563961620
Report to moderator
1563961620
Hero Member
*
Offline Offline

Posts: 1563961620

View Profile Personal Message (Offline)

Ignore
1563961620
Reply with quote  #2

1563961620
Report to moderator
JayJuanGee
Legendary
*
Offline Offline

Activity: 1960
Merit: 1867


How much alt coin diversification is needed? 0%?


View Profile
February 17, 2018, 02:37:42 AM



hahahahaha...

your summary, is shit happens... ok.   Roll Eyes     Tongue  


How about you summarize it as:  "I did not read that shit."     Would probably be more accurate.   Cheesy Cheesy

I fucking it read it all bit by bit. I am an extremely fast reader btw so i read *EVERYTHING*. And yup, I feel very identified with your post. Yesterday was my last mistake when I sent an order with a thousand digit wrong so it go executed inmediately. Nothing critical as my system is based on lots of very small orders and also I (nowadays) have on exchanges less than 10% of my total stash.

So yes, I feel you. And yes, my summary is: Shit happens Smiley


hahahahahaha...   fair enough.

Sticking to your guns.   Shocked
explorer
Legendary
*
Offline Offline

Activity: 1568
Merit: 1126



View Profile
February 17, 2018, 02:40:12 AM

If you had more than 1000 Bitcoins and you were only another 100BTC sell away for retiring for good no matter if it is at 10K, 12K or whatever.... wouldn't you pull the trigger already? I know I would.

Already funded my retirement portfolio in early January before BTC dropped below $11.5k. I now have the luxury of waiting for the next month for things to go higher before I sell to cover tax liabilities.

The next batch for Q1 tax will likely be the last batch I sell before 2020... when I plan to buy Ireland.

Serious question:
Do you believe that said portfolio will be worth 2/5 of fuck all 10 years from now, or is it just an interim til -Ireland?
BobLawblaw
Legendary
*
Offline Offline

Activity: 1344
Merit: 1967


BitcoinTalk's Most Fabulously Gay Black Power-Top


View Profile
February 17, 2018, 02:45:13 AM

Do you believe that said portfolio will be worth 2/5 of fuck all 10 years from now

Yes.

Why do I believe this ? Because my portfolios from 10 years ago are worth way more than 2/5ths of fuck all.
BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1204
Merit: 1072



View Profile
February 17, 2018, 02:52:07 AM

2/5ths of fuck all is a good number. But I can think of better...

See, nothing to contribute. Fuck all. Fuck it. Go Bitcoin Go.
bitserve
Hero Member
*****
Offline Offline

Activity: 910
Merit: 765


HODL.


View Profile
February 17, 2018, 02:52:42 AM

Who has said higher highs and higher lows?
BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1204
Merit: 1072



View Profile
February 17, 2018, 02:53:49 AM
Merited by jbreher (1)

Who has said higher highs and higher lows?

Maya Angelou?
explorer
Legendary
*
Offline Offline

Activity: 1568
Merit: 1126



View Profile
February 17, 2018, 02:53:59 AM

Do you believe that said portfolio will be worth 2/5 of fuck all 10 years from now

Yes.

Why do I believe this ? Because my portfolios from 10 years ago are worth way more than 2/5ths of fuck all.

Past performance, etc does have some merit.  And I expect they will be worth considerably more again, before the bottom falls out, for one reason or another.  Just thinking the longer term prognosis of the legacy system is sketchy, at best.  My own 'retirement' funds are fucking locked up until near death by government legislation, so I wrote them off as lost years ago. 
bitserve
Hero Member
*****
Offline Offline

Activity: 910
Merit: 765


HODL.


View Profile
February 17, 2018, 02:56:20 AM

Who has said higher highs and higher lows?

Maya Angelou?

Gerontophile!
the artful bodger
Sr. Member
****
Offline Offline

Activity: 292
Merit: 265


View Profile
February 17, 2018, 03:10:48 AM

Don’t worry. Main Street isn’t buying yet.  We have a long way to run.  

Wall Street sniffing around bitcoin should pump it to $100k, and when Main Street starts buying it should pump it to a million.
RejectedBanana
Sr. Member
****
Offline Offline

Activity: 387
Merit: 465


I am a banana.


View Profile
February 17, 2018, 03:39:00 AM
Merited by infofront (2), HairyMaclairy (2), Toxic2040 (2), Dunkelheit667 (1), rolling (1)


Let's assume (for the third or fourth time, I know) that this is the last time we see quad-digits. Dangerous, I know, but I get impatient.

Since my last update, this means Da Bears only managed to erode into a single doubling floor, extending the $5k to $10k floor by 21 more days, for a total of 121 days since we last saw $5k.

For reference, the Mt Gox correction eroded three presumed doubling floors ($640, $320, $160), taking over three years to reestablish these support levels.

Projecting from trend, I'm thinking another 90 days until we establish $20k as a new floor, maybe around mid-May.

$10k marks the 12th Bitcoin doubling floor since $2.50 in 2012.
The shortest doubling floor was 39 days from $20 to $40.
The longest doubling floor was 546 days from $80 to $160 post-Mt Gox.

As a HODLer, I prefer charting floors vs all-time highs. ATHs are too transient and susceptible to FUD, making them more suitable for rektees traders.  Grin

Go Bitcoin Go!



https://bitcointalk.org/index.php?topic=2834180.msg29061043
infofront
Legendary
*
Offline Offline

Activity: 1722
Merit: 1770


Shitcoin Minimalist


View Profile
February 17, 2018, 03:45:03 AM


Let's assume (for the third or fourth time, I know) that this is the last time we see quad-digits. Dangerous, I know, but I get impatient.

Since my last update, this means Da Bears only managed to erode into a single doubling floor, extending the $5k to $10k floor by 21 more days, for a total of 121 days since we last saw $5k.

For reference, the Mt Gox correction eroded three presumed doubling floors ($640, $320, $160), taking over three years to reestablish these support levels.

Projecting from trend, I'm thinking another 90 days until we establish $20k as a new floor, maybe around mid-May.

$10k marks the 12th Bitcoin doubling floor since $2.50 in 2012.
The shortest doubling floor was 39 days from $20 to $40.
The longest doubling floor was 546 days from $80 to $160 post-Mt Gox.

As a HODLer, I prefer charting floors vs all-time highs. ATHs are too transient and susceptible to FUD, making them more suitable for rektees traders.  Grin

Go Bitcoin Go!



https://bitcointalk.org/index.php?topic=2834180.msg29061043

So, when are we going to hit $1,000,000?
bones261
Legendary
*
Offline Offline

Activity: 1624
Merit: 1662


KnowNoBorders.io


View Profile
February 17, 2018, 03:55:59 AM
Merited by rolling (1), nanobtc (1)


So, when are we going to hit $1,000,000?

BTC will be $1,000,000 at about the same time that a loaf of Wonder Bread costs $50.00. Which may be sooner than we all think..
explorer
Legendary
*
Offline Offline

Activity: 1568
Merit: 1126



View Profile
February 17, 2018, 03:57:09 AM



So, when are we going to hit $1,000,000 for the last time?
RejectedBanana
Sr. Member
****
Offline Offline

Activity: 387
Merit: 465


I am a banana.


View Profile
February 17, 2018, 04:00:33 AM
Last edit: February 17, 2018, 04:13:37 AM by mfort312
Merited by infofront (1)

So, when are we going to hit $1,000,000?

Let's project.  Smiley

If we assume the average doubling floor time of 6 months over the last 5 years (including the 2014-2015 bear market):

$20k Aug 2018
$40k Feb 2019
$80k Aug 2019
$160k Feb 2020
$320k Aug 2020
$640k Feb 2021
$1.28MM Aug 2021

Three and a half more years.

If the doubling time persists at 3 months (the approx. average of the last three doublings), then just under two years. Mid 2020.

Wow.

edit: skipped a year
HairyMaclairy
Hero Member
*****
Online Online

Activity: 896
Merit: 1459


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 17, 2018, 04:03:57 AM

So, when are we going to hit $1,000,000?

Let's project.  Smiley

If we assume the average doubling floor time of 6 months over the last 5 years (including the 2014-2015 bear market):

$20k Aug 2018
$40k Feb 2019
$80k Aug 2019
$160k Feb 2021
$320k Aug 2021
$640k Feb 2022
$1.28MM Aug 2022

Three and a half more years.

If the doubling time persists at 3 months (the approx. average of the last three doublings), then just under two years. Mid 2020.

Wow.






You lot that like to sell your BTC in increments to buy back, take note that you don’t run out.  
HairyMaclairy
Hero Member
*****
Online Online

Activity: 896
Merit: 1459


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 17, 2018, 04:12:20 AM
Merited by Toxic2040 (1)

I just sent a wire. Drifting from somewhere down the street, I can smell a slight sweet scent of FOMO on the air.
jojo69
Legendary
*
Offline Offline

Activity: 1456
Merit: 1796


no FOMO


View Profile
February 17, 2018, 04:14:03 AM

I just sent a wire.  I can smell a slight sweet scent of FOMO on the air. 

no FOMO man
JayJuanGee
Legendary
*
Offline Offline

Activity: 1960
Merit: 1867


How much alt coin diversification is needed? 0%?


View Profile
February 17, 2018, 04:17:00 AM
Last edit: February 17, 2018, 05:04:27 AM by JayJuanGee


As a HODLer, I prefer charting floors vs all-time highs. ATHs are too transient and susceptible to FUD, making them more suitable for rektees traders.  Grin


So, when are we going to hit establish $1,000,000 as a floor?

Based on mfort312's BTC floor specialism, I FTFY.
JayJuanGee
Legendary
*
Offline Offline

Activity: 1960
Merit: 1867


How much alt coin diversification is needed? 0%?


View Profile
February 17, 2018, 04:23:25 AM
Last edit: February 17, 2018, 05:28:02 AM by JayJuanGee

So, when are we going to hit $1,000,000?

Let's project.  Smiley

If we assume the average doubling floor time of 6 months over the last 5 years (including the 2014-2015 bear market):

$20k Aug 2018
$40k Feb 2019
$80k Aug 2019
$160k Feb 2021
$320k Aug 2021
$640k Feb 2022
$1.28MM Aug 2022

Three and a half more years.

If the doubling time persists at 3 months (the approx. average of the last three doublings), then just under two years. Mid 2020.

Wow.



You lot that like to sell your BTC in increments to buy back, take note that you don’t run out.  

I won't run out....  Tongue    Tongue     Tongue  Even though my chart only goes up about 8x from current price, but I suppose I can add a few more lines onto my projections to account for these real probable situations.

... I anticipate that even if BTC prices were to shoot straight up to $1.28million faster than the timeline, my formula for selling does not allow me to run out, and probably I wouldn't even go below 50%, if BTC prices were to shoot straight the fuck up.....

I already have too much fiat, now, so the problem of too much fiat seems likely to exacerbate based on these totally "reasonable" BTC price projections... really gonna be problems of the 1%... OMG    Shocked Shocked


Edit:  I just went back to my charts, and I added a few more rows to project that if I go out 12x with the projection, that is about $126k per BTC, and if the price went shooting up to that price, sure it adds up to a lot of Fiat getting added to my accounts, but that fiat can be used to buy back BTC, I suppose...

My problem does not seem to be NOT having enough BTC in the event that the price goes shooting up, but instead, I am going to need to start spending more money in the very near future - since we cannot take this money with us... fuck..   This is an emergency, no? 

Seems that I have too many BTC..   Anyone want some BTC?  

Bob.. you are going to have the same problem, no?  Better start spending money soon.. .. upgrade your porsche to a lambo.. right away.. buy a rocket to send one porsche up into space and get another upgraded one.  Start living higher on the hog... RIGHT NOW.  Seems that we be going UP and going to cause a lot of problems of RICHIE.
Pages: « 1 ... 19575 19576 19577 19578 19579 19580 19581 19582 19583 19584 19585 19586 19587 19588 19589 19590 19591 19592 19593 19594 19595 19596 19597 19598 19599 19600 19601 19602 19603 19604 19605 19606 19607 19608 19609 19610 19611 19612 19613 19614 19615 19616 19617 19618 19619 19620 19621 19622 19623 19624 [19625] 19626 19627 19628 19629 19630 19631 19632 19633 19634 19635 19636 19637 19638 19639 19640 19641 19642 19643 19644 19645 19646 19647 19648 19649 19650 19651 19652 19653 19654 19655 19656 19657 19658 19659 19660 19661 19662 19663 19664 19665 19666 19667 19668 19669 19670 19671 19672 19673 19674 19675 ... 24627 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!