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

[serveria.com]

I'm also planning to sell some 30-50% of my stash once the price hits $100k    Until then - HODL!

[1713606548]

1713606548

[1713606548]

1713606548

[1713606548]

1713606548

[1713606548]

1713606548

[ubg]

Hey guys what are the known places to invest your earnings to generate more earnings?

[Wekkel]

Hey guys what are the known places to invest your earnings to generate more earnings?

Bombshell: purchase a Dash Masternode?

[JayJuanGee]

I'm also planning to sell some 30-50% of my stash once the price hits $100k    Until then - HODL!

I don't really understand why it would be a goal to sell 30% to 50% of your stack..   at least not all at once.

Actually, if you sell on the way up, then it is likely that you won't need to sell BIG chunks - but I suppose everyone has his/her personalized approach and way of thinking of the matter.

I kind of think about the matter as "overinvesting a bit" in order to NOT feel bad to continue to sell as the price goes up and you don't have to sell a lot in order to be profitable and to supplement your lifestyle with your ongoing bitcoin profits.

Look at where we are at now?  We are at about 25x higher than we were in the vast majority of 2015 - which was largely in the mid-$200s for most of the year.  So accordingly, if anyone overinvested in 2015, then they are not going to feel bad to shed a few of those coins at 25x, are they?

Of course, your numbers for the price of each of your coins vary, but if you continue to invest all the way along, then also, along the way, you can shed a few coins, here and there, too, right?  especially if you have several years time line on each of your coins (in terms of when you are thinking you would be cashing them out along the way)  (and likely up, no?)

[kirreev070]

Tokyo Whale Sells $230 Million of Bitcoin in Mt. Gox Wind-Down

https://www.bloomberg.com/news/articles/2018-09-25/tokyo-whale-sells-230-million-bitcoin-in-mt-gox-wind-down

[Icygreen]

Hey guys what are the known places to invest your earnings to generate more earnings?

Geez, I thought everyone already knew.  Enron, bitconnect and Ripple! Make sure you get Bernie Madoff to do the book keeping.

[sirazimuth]

Hey guys what are the known places to invest your earnings to generate more earnings?

No shortage of ANNS for those places on these boards.
Only problem is 99.9% are scams. Good luck finding one that isn’t. DYOR...

[Wekkel]

Tokyo Whale Sells $230 Million of Bitcoin in Mt. Gox Wind-Down

https://www.bloomberg.com/news/articles/2018-09-25/tokyo-whale-sells-230-million-bitcoin-in-mt-gox-wind-down

Good.

The question is how much is left and how hungry the Bakkts and Novogratzs of this world are.

I think this news is bullish (surviving another MtGox fall out...).

[Torque]

November the 5th is when they start trading. Get ready for the new bull run.

I think this could be a game changer. But I pray that they don't down the road change the rules and corrupt this.

In theory, by holding clients' bitcoin accounts for them directly, they can fractional reserve the bitcoin they hold, have re-hypothecation, etc. Even phantom shares of bitcoin. So hoping it doesn't go that way.

[serveria.com]

I'm also planning to sell some 30-50% of my stash once the price hits $100k    Until then - HODL!

I don't really understand why it would be a goal to sell 30% to 50% of your stack..   at least not all at once.

Actually, if you sell on the way up, then it is likely that you won't need to sell BIG chunks - but I suppose everyone has his/her personalized approach and way of thinking of the matter.

I kind of think about the matter as "overinvesting a bit" in order to NOT feel bad to continue to sell as the price goes up and you don't have to sell a lot in order to be profitable and to supplement your lifestyle with your ongoing bitcoin profits.

Look at where we are at now?  We are at about 25x higher than we were in the vast majority of 2015 - which was largely in the mid-$200s for most of the year.  So accordingly, if anyone overinvested in 2015, then they are not going to feel bad to shed a few of those coins at 25x, are they?

Of course, your numbers for the price of each of your coins vary, but if you continue to invest all the way along, then also, along the way, you can shed a few coins, here and there, too, right?  especially if you have several years time line on each of your coins (in terms of when you are thinking you would be cashing them out along the way)  (and likely up, no?)

I'll explain why:

1. I'm sure that bitcoin will rise further all the way up to 7 digits. It still is and will be the best investment.

2. By the time btc reaches 100k there will be no need to sell it for fiat. Everybody will be accepting it.

[JayJuanGee]

I'm also planning to sell some 30-50% of my stash once the price hits $100k    Until then - HODL!

I don't really understand why it would be a goal to sell 30% to 50% of your stack..   at least not all at once.

Actually, if you sell on the way up, then it is likely that you won't need to sell BIG chunks - but I suppose everyone has his/her personalized approach and way of thinking of the matter.

I kind of think about the matter as "overinvesting a bit" in order to NOT feel bad to continue to sell as the price goes up and you don't have to sell a lot in order to be profitable and to supplement your lifestyle with your ongoing bitcoin profits.

Look at where we are at now?  We are at about 25x higher than we were in the vast majority of 2015 - which was largely in the mid-$200s for most of the year.  So accordingly, if anyone overinvested in 2015, then they are not going to feel bad to shed a few of those coins at 25x, are they?

Of course, your numbers for the price of each of your coins vary, but if you continue to invest all the way along, then also, along the way, you can shed a few coins, here and there, too, right?  especially if you have several years time line on each of your coins (in terms of when you are thinking you would be cashing them out along the way)  (and likely up, no?)

I'll explain why:

1. I'm sure that bitcoin will rise further all the way up to 7 digits. It still is and will be the best investment.

2. By the time btc reaches 100k there will be no need to sell it for fiat. Everybody will be accepting it.

You seem to be outlining two reasons why there would not need to be a need to sell any BIG chunks, such as when prices reach $100k ... so I thought that my point was that if you just maintain some kind of reasonable ratio of BTC versus fiat, then you could likely continue to maintain that same ratio whether prices go UP to $100k quickly or if they take longer than expected to get up to $100k.

We might not be saying anything much different, and maybe if you have a specific thing that you want to buy at $100k BTC, such as a lambo or a house, then that's a fine consideration, too.

By the way, about two months ago, I was considering a fairly expensive purchase, and BTC prices were floating around, and I said that i would wait until prices reached $12k, but then I just said "fuck it" I am not going to wait.  So I made the purchase, since who knows when the price is going to reach $12k, and I already have the money available anyhow, so it is not really changing my BTC investment, but I suppose it could be money that would not be available if prices go below $3k. and I would not be able to buy as much BTC because I made "the purchase."

If we feel that we are in critical accumulation phase of our BTC investment, then of course we are going to be more frugal with our consumption, because all of that does eat into our BTC stash possibilities, but if we have a feeling that we have accumulated a decent quantity of BTC, then it can be o.k. to continue to shave a bit off, here and there along the price path (and maybe just have dollars and BTC available so we don't feel like we have to sell additional BTC in order to make some purchases of nice things).

[Raja_MBZ]

Bitcoin Takes Another Huge Leap Towards Mainstream Acceptance

https://www.forbes.com/sites/billybambrough/2018/09/25/bitcoin-takes-another-huge-leap-towards-mainstream-acceptance/

I play Scrabble regularly, and this is awesome - instead of seven-letter word, I'll now focus on making "bitcoin". Today Merriam Websters added "bitcoin" as a word as well.

Also:

Google ends cryptocurrency ad ban

https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

[Hueristic]

I think if he originally had $8k, his profit would be 2k
But if he had only $6k, his profit would be 1k
 

True, If he only had 6k then he could not have made the second purchase.

Since it says he made both purchases he must have had at least 7k to start.

He could lend this money
So he gained 1k from the 1st deal
Then took -1k when he lent
And then again +1k

You suck! I'm not thinking about this one anymore!

Wait, maybe his grandma lent him another 1K?
Shit I lied!

[/url]via Imgflip Meme Generator

1 small pump of XRP and all the enthousiast where there HAHA     

I’ve got a load of XRP left at Bittrex, not overly concerned about it but be great if they went to say $100 each one day

It's always best to be first when dumping shitcoins.

Magic 8 ball says: "Concentrate and ask again".

In all due seriousness, I really don't have a good read on this yet. I've not even finished my analysis as to which way I would like to see it go.

As for my initial preferences:

My first read is that I'd like to see it tend toward no block size cap (and therefore have max block size be an emergent property of the system, a la BU). I also think I like the idea of re-enabling opcodes that were in the initial release - at least as compared to enabling a new opcode. I don't see the need for CTOR either.

All the above would put me in the SV camp, rather than the ABC camp. Or perhaps BU (hash power vote on each feature), or C0bra (no changes). But as I said, more analysis is required.

I also hold out some hope for a kumbaya moment. However, cross-camp relations don't seem to be getting any better with time.

Given that Bitmain has a split commitment to BCH and BTC, I was fairly comfortable in the hashpower battle going forward with nChain/Ayre/&co. However, with Bitmain finally successful (from all reports) with a 7nm chip, this no longer seems a safe assumption.

I guess I'll need to finish my analysis, pick a side, and get involved with the internal advocacy...

Not sure about bitmain specifically but 7nm yields are shit across the industry, so don't expect them getting any massive returns on that front. Of course they are creating simple logic with minuscule footprint so the yields may be higher than industry average, It would be interesting to find out.

After all, one of the narratives is that BCH is not supposed to be used for a store of value;

Whose narrative is that? I don't recall that position ever being advocated by anyone of note.

Ability to be used as a medium of exchange (MoE) certainly does not preclude ability to be used as a store of value (SoV). Indeed, there is significant evidence that MoE is necessary for any commodity to become a SoV. And a reasonable theory that any commodity that loses its MoE will therefore lose its ability to be a SoV. Which bodes poorly for BTC, unless the LN grows quickly by several orders of magnitude.

I don't know shit about BCH but it is a simple inheritance thing isn't it? Bitcoins original vision was not to be a store of value but a currency. BCH shills have been screaming since day one they will stick to that vision. So yeah there is that. don't get yourself caught in any circular logic trap here.

[StartupAnalyst]

[LFC_Bitcoin]

...the next ATH would be between $100,000 and $340,00.
https://twitter.com/Anders_/status/1044306435184582656

sent merit..you made my little hodl heart flutter ....

Given that you're already retired; what would you do differently with that kind of wealth?  Can you teach an old dog new tricks?

 You lack imagination !

 Come ooonnnnn 2021...

 I'm already past my "best before" date... not sure I can do 3 more years of shift work.

Same here. Me & my partner run an online ladies clothing store. I’ve fucking had enough of working 24/7 to be honest. I’ve had enough of dealing with customers & people in general.

Bitcoin had better hurry up and hit anything north of $50,000 per coin & I’m done. Even working for yourself is too much. I’ve always been an entitled bitch & at 30 something I’ve had enough of working

understand you totaly we also have a family business .... like beeing here and work together with my father brother and employees ..... but the peoples that you have to deal with day in and day out pffffff

and for the rest if, i mean when they hit around 50K how are you gonna act , by selling all or 75% or 50%
i think for myself not easily to sell more than 30% of my stack    (when it hits prices where i wanna sell something) , actualy i think i would only sell if really needed , i think i can't bear it of taking coins of my main ledgers  

i think, one of my very few coins i see leaving the stacks are some give aways i maded into some games , but i also bought them especialy during some DIPS so in my head there already GONE

I’ll probably sell about 25-30% of my stash when we hit 50-60k & buy a massive house & put down some deposits for real estate to rent out.

Never sell all of it because after the halvening in 2024 we’ll likely see, well who knows, 500k per coin?

Either way it’s frustrating atm sitting on what most people would call a lot of money but myself, knowing I can’t spend it YET because it’s not enough to live on forever.

[Hueristic]

ed the press conference press and it was very epic, finally McGregor really good rival

So weird everytime I talk to a specific chick the next day I see or hear a referance to something we just talked about.

Case in point we discussed Cauliflower ears yesterday.

God this thread gets weird when the price is flat.  I almost unblocked gembitz for luls...  Not that bad yet.  If its 6XXX in February maybe.

Hah, I just ublocked someone, first time in months. I don't think it will last.

6 years later Gox is still fucking Bitcoin investors.  Will it ever end?

Was it the Gox sale? Any proof?

 https://www.scribd.com/document/389411275/Mt-Gox-Confirms-230-Million-Sale

Fucker needs to be sued by the creditors for using their assets to attack their assets worth when they requested their assets back and not worthless fiat which they never wanted as proof that they used worthless fiat to procure their stolen assets.

Guys, I made the coolest purchase for BTC. I bought a dog.Today I took it from the nursery. This Siberian Husky and her 1.5 months

[/url]

Totally worth it!

[El duderino_]

...the next ATH would be between $100,000 and $340,00.
https://twitter.com/Anders_/status/1044306435184582656

sent merit..you made my little hodl heart flutter ....

Given that you're already retired; what would you do differently with that kind of wealth?  Can you teach an old dog new tricks?

 You lack imagination !

 Come ooonnnnn 2021...

 I'm already past my "best before" date... not sure I can do 3 more years of shift work.

Same here. Me & my partner run an online ladies clothing store. I’ve fucking had enough of working 24/7 to be honest. I’ve had enough of dealing with customers & people in general.

Bitcoin had better hurry up and hit anything north of $50,000 per coin & I’m done. Even working for yourself is too much. I’ve always been an entitled bitch & at 30 something I’ve had enough of working

understand you totaly we also have a family business .... like beeing here and work together with my father brother and employees ..... but the peoples that you have to deal with day in and day out pffffff

and for the rest if, i mean when they hit around 50K how are you gonna act , by selling all or 75% or 50%
i think for myself not easily to sell more than 30% of my stack    (when it hits prices where i wanna sell something) , actualy i think i would only sell if really needed , i think i can't bear it of taking coins of my main ledgers  

i think, one of my very few coins i see leaving the stacks are some give aways i maded into some games , but i also bought them especialy during some DIPS so in my head there already GONE

I’ll probably sell about 25-30% of my stash when we hit 50-60k & buy a massive house & put down some deposits for real estate to rent out.

Never sell all of it because after the halvening in 2024 we’ll likely see, well who knows, 500k per coin?

Either way it’s frustrating atm sitting on what most people would call a lot of money but myself, knowing I can’t spend it YET because it’s not enough to live on forever.

yeah, especially when still in early 30's .... i also give it a lot of thoughts   
also when you have more ,you start to look @ more expensive things , dinner gets more expensive, visit more places, more travelling, clothing, newest PC-phones, cars etc..... ( depends on person to person, where you would like money to spent ) 

[jojo69]

Either way it’s frustrating atm sitting on what most people would call a lot of money but myself, knowing I can’t spend it YET because it’s not enough to live on forever.

My nocoiner friends think I am absolutely daft not having sold for whatever, to them quite impressive, fiat sum I might have got near the top.

People lack imagination, generally, and work isn't so bad.  A bit of structure in ones life helps keep the really serious alcoholism in check.

[Anon136]

Hey guys what are the known places to invest your earnings to generate more earnings?

Bombshell: purchase a Dash Masternode?

Honestly I know bitcoin is the main investment coin but I definitely love to play around with Proof of Stake coins and Masternodes. There's something that just seems to have so much potential with them.

Right? Take the united states dollar for example. It's a coin that operates on a master-node type system and it currently facilitates like half the commerce on the planet.

[Kylapoiss]

Guys, I made the coolest purchase for BTC. I bought a dog.Today I took it from the nursery. This Siberian Husky and her 1.5 months

Gongrats on your new best friend! I've been looking to get a dog myself for some months now and Siberian Husky is the number one choice. Well done mate