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

[Rosewater Foundation]

Like I keep telling you, I sold at the top. Yes, while I was shilling bcash. What of it?

Bite me.

[1713569946]

1713569946

[TERA2]

You know that it is not right to DOX peeps, right?   

This is a show on national television.

[infofront]

Stay tuned for the next episode of Hoarders - Buried Alive where the wall observer continues to hoard all of their bitcoins at all costs and develops a serious roach infestation.

Hey, all those Diet Pepsi boxes could come in handy some day.

[Wan King]

quick question .... how do i post GIF i really try anything but can't get it done ...     . also possible with imgur ??

 Uplaod it to imgur and then use the pulldown menu and 'get share links' then copy the BBCode link and you can paste that directly into your  post here.

https://i.imgur.com/gNE4pRwl.png


tried all of the links .... but only still pictures no moving GIF's    can't find this  "pulldown menu and 'get share links'"

https://i.imgur.com/X9XayDD.png

Your image must be less than 2MB to post here as well.

https://i.imgur.com/RyK5sjF.gif

give up/surrounder for this evening can't get it right but allready thanks for the help gonna look tomorrow and retry ....

Optimize it with ezgif.com, then resize it until it's below 2MB.

https://ezgif.com/optimize

https://ezgif.com/resize

Afterwards upload the smaller image back to imgur.

Your original.

https://i.imgur.com/RyK5sjF.gif

Your original shrunk.

https://i.imgur.com/PzTe2Qy.gif

[Mister_Success]

Lambos are better associated with the BCash and ICO/shitcoin crowd. I mean, Roger and CSW drive them, so....?

My lambo is my brand new fully paid off house. Less flashy but also less childish.

Why would you pay for a home with cash when at least 80% of it could have been reinvested?

I closed in late January of this year. Figure it out.

I don't care if you cashed out at 20,000 per btc and made half a million dollars. That doesn't change what I said. Buying a house in cash is a waste of equity. Think bigger!

[Anon136]

Lambos are better associated with the BCash and ICO/shitcoin crowd. I mean, Roger and CSW drive them, so....?

My lambo is my brand new fully paid off house. Less flashy but also less childish.

Why would you pay for a home with cash when at least 80% of it could have been reinvested?

That is functionally equivalent to investing borrowed money. I'm not willing to invest borrowed money. Bitcoin is neat. I understand the protocol better than 99.999% of people, and I think I understand enough about economics and fiance to see the value proposition in that protocol, but I still don't trust myself nearly enough to invest with borrowed money. There could always be some part of the picture that I'm just missing. It's not worth losing everything I have because I made an error.

[JayJuanGee]

Lambos are better associated with the BCash and ICO/shitcoin crowd. I mean, Roger and CSW drive them, so....?

My lambo is my brand new fully paid off house. Less flashy but also less childish.

Why would you pay for a home with cash when at least 80% of it could have been reinvested?

I closed in late January of this year. Figure it out.

Actually, there is a bit of an experiential point here that makes sense. 

I recall way back in 2016, I had made BTC selling projections that tentatively hypothesized how much BTC I would sell at various points up the ladder, and surely in mid 2016, there were a lot of folks who stated that they would sell all their BTC at various points above $1k, and $3k to $5k seemed a bit fantastical even within grasp.

I had maintained a tentative price projection of $3k to $5k as being towards the top of the possible next BTC price upsurge, but even those numbers seemed a bit out of grasp with low probabilities, especially in the near term.

In mid 2017, after BTC prices had passed through $1k and $2k, and had already tested $3k resistance, without breaking it, I felt that I had to revise my expectations of the upper price range into the mid $7k territory, so each of these price projections were hypothetical and provided some outlines about how much BTC to sell on the way up, and tentatively projected the amount of cash that would be generated based on such BTC sales.

The reality of the actual BTC price passage above $7k and then breaking above $10k and $20k caused me to have to rethink my own situation based on the actual specifics about what to do with all that money that in actuality had been generated rather than being merely hypothetical and on paper....

Surely, when we do not have very much money, it makes a lot of sense to leverage money through loans, especially when we are buying likely relatively appreciating and possibly non-correlated assets, such as real property.  On the other hand, contemplating leveraging and the various burdens of loans, seems to be more of a hassle than it is worth when contemplating actual places to deploy excess dollars...

Gotta congratulate you jbreher, if you were lucky enough to pull out a bit of excess dollar generation in price areas that were in the ballpark of 20x beyond the short term BTC price expectations that many of us were having in mid-2016.. 

[PoolMinor]

https://i.imgur.com/RyK5sjF.gif
give up/surrounder for this evening can't get it right but allready thanks for the help gonna look tomorrow and retry ....

Yeah, the .gif is 6.6mb on disk.

The forums do not support images that large, as another user already noted.

                                                                                                              

[Mister_Success]

Lambos are better associated with the BCash and ICO/shitcoin crowd. I mean, Roger and CSW drive them, so....?

My lambo is my brand new fully paid off house. Less flashy but also less childish.

Why would you pay for a home with cash when at least 80% of it could have been reinvested?

That is functionally equivalent to investing borrowed money. I'm not willing to invest borrowed money. Bitcoin is neat. I understand the protocol better than 99.999% of people, and I think I understand enough about economics and fiance to see the value proposition in that protocol, but I still don't trust myself nearly enough to invest with borrowed money. There could always be some part of the picture that I'm just missing. It's not worth losing everything I have because I made an error.

Most of investing is done with borrowed money lol. There is such a thing as good debt. But if you're happy with your financial situation, then good for you. Keep doing you.

[Mister_Success]

Buying a house in cash is a waste of equity. Think bigger!

What about paying off an existing mortgage with free BCash, investing over $2M in a managed portfolio for the next 20 years, and retiring early ? 

As I said to the last person, if that financial situation is good enough for you, so be it. It just seems like the general consensus from Bitcoin "investors" here is that retiring is more interesting than the game of investing itself. I guess I just have a different outlook on things. I personally would never retire early with just two million.

[xhomerx10]

https://i.imgur.com/RyK5sjF.gif
give up/surrounder for this evening can't get it right but allready thanks for the help gonna look tomorrow and retry ....

Yeah, the .gif is 6.6mb on disk.

The forums do not support images that large, as another user already noted.

                                                                                                              

 Okay, I'll come clean.  I pulled the 2MB limit out of my butt! Honestly,  I did some limited testing a while back and it seemed that 2MB was the sweet spot but as it turns out, Theymos had originally set the limit to 1.5MB and then in December of 2013, increased the limit to 2.5MB at the request of bitpop.

REF: https://bitcointalk.org/index.php?topic=388403

 So the limit is 2.5MB - fill your boots!

[Mister_Success]

I personally would never retire early with just two million.

Neither would I 

Cheers to your success then! I'll see you at the top one day 😁

[nikauforest]

Buying a house in cash is a waste of equity. Think bigger!

What about paying off an existing mortgage with free BCash, investing over $2M in a managed portfolio for the next 20 years, and retiring early ? 

I would call that very smart BobLawblaw. I like your style, and you still keep your Bitcoin.

[JayJuanGee]

Buying a house in cash is a waste of equity. Think bigger!

What about paying off an existing mortgage with free BCash, investing over $2M in a managed portfolio for the next 20 years, and retiring early ? 

As I said to the last person, if that financial situation is good enough for you, so be it. It just seems like the general consensus from Bitcoin "investors" here is that retiring is more interesting than the game of investing itself. I guess I just have a different outlook on things. I personally would never retire early with just two million.

You seem to be attempting to impose too much of your personal judgement on other folks, because there certainly is no one right way, and frequently, especially for more sophisticated investors, they have several assets that are likely not to be exactly correlated to one another, including sometimes decent ideas that involve putting cash directly into some asset rather than some of the complications that might involve borrowing and/or "working" your money.

Furthermore, it is quite likely that the passive income that Bob is locked into making on his $2million managed portfolio is quite a bit less than 1/3 of his total wealth...   If we take him at his word (and various representations), $2million seems to be less than 1/3 of just his crypto wealth without considering other assets that he seems to have and income that he may well be earning from other sources....

[Toxic2040]

Was that a Bat signal I spotted on the hourly?


I think we are at the cusp. What happens over the next several hours will determine the course of the rest of the summer. Its rare to have such a obvious defining moment.

At the very least I believe we will retest the the tenkan(blue line) on the 4hr and quite possibly  kijun(red line).


This in turn might cause the trailing chikou(green) to cross above the tenkan creating a cascade upwards into the kumo(red cloud). All sorts of interesting things could start happening then.

[Toxic2040]

test and rejection..  Stronghands.

[Hueristic]

Most of investing is done with borrowed money lol. There is such a thing as good debt. But if you're happy with your financial situation, then good for you. Keep doing you.

Yeah, so the thieving bankers want everyone to think.

[RewFrew]

So to the 7500$ or to 10.300$... who's first.. ?

Just watched this bitcoin documentary, i give it 100/100 : https://www.youtube.com/watch?v=LszOt51OjXU

[Icygreen]

Just arrived back home to Canada from Vietnam. It was getting way too hot for comfort and productivity. Nice to be back in a temperature cooler than me.
I was pleasantly surprised to find this among Hong Kong airlines entertainment choices.  
Watched it twice  

sMerited.  I'm guessing that's a recommendation for the vid?

Actually, ya, sure. I feel like I'd previously digested much of the content but I particularly liked how they documented the history of money and how things became corrupt. I think it was made in 2015 but still feels super relevant.  Well worth an hour of your time.  There's a torrent on TPB.

[jbreher]

Meanwhile, in BCash Land, many lulz are being had.

https://i.imgur.com/MLWHjag.jpg

Quick - Someone send a shipment of bananas to the bcash development team so they can fix this shit!

https://bryanpattersonfaithworks.files.wordpress.com/2014/04/monkeys.jpg

Presumably, you realize that node operators running deprecated software is nothing for which the devs are responsible for, right?