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

[Kylapoiss]

Ack! Just looked at the price 1 hour ago...now it is going down...damn it....it's all on me...Ack!

(just don't look, it is always a trap!)

Something to say for 'blissful ignorance' and don't look at BTC price for 5 years, just think of all the angst I would have

lessened in the last 1/2 year alone!

Well, at least you don't REALLY need to look at the price anymore... You have been able to retire early. You have already cashed out enough to carry you until you receive your state retirement, social benefits, plus private pension plan. You still have a stash bigger than most guys here.

You made it FFS!

Just stop always seeing the glass half empty and enjoy your well deserved retirement, bro!

Mostly I agree with you here, bitserve, and for sure, Searing needs a bit of kick in the pants and lecturing on a regular basis on the terms that you just did.

Regarding Searings actual circumstances, just to be more particular, he was in the 100 BTC-ish arena and then cashed out less than 15 BTC and some other stuff(s), and so it is quite likely that he is still in the 85 BTC-ish arena.

Regarding "making it,"  that surely can vary, and there is some relativeness to such considerations about how much of a BTC cushion is necessary to "make it".  For anyone just getting into BTC, getting to 1 BTC might be a difficult first goal, but any of us will need to start somewhere.  Then 2BTC, then 5BTC, then 10BTC, then 21BTC.  Maybe really making it would be to get to over 50 BTC.  I recall when I first started in late 2013, my goal was to get to 30BTC in the next 6 months to year, but I was not rigid with such aspirations because I knew that my ability to reach the goal was partly dependent upon what the BTC price would do in the subsequent months following my creation of such quasi-artificial and personally tailored (and likely moveable) interim goal.

So you have around 21 BTC? You should accumulate some more. Just sayin'.

[d_eddie]

3855 is my close.... Don't do this to me, bitcocain.

Cash it out and smile man!   Good trading is several good shots and a few bad ones, not a single big hit. And you know already don't you. Maybe as a compromise, you can cut your stake into half as soon as you feel you're green enough to be happy. Set goals in advance and mostly stick to them.

It pays out financially, and not only that - m0glie's got a point.

Holding is much more simple than trading IMO.

Health matters too. Hanging there on 80x must be recklessly fatiguing. I know rebalancing several position over time changing price stretches is tedious work. Do you use any automated tools?

Lately, I've been suffering and working on my positions a bit too. A clean exit might be in sight now, if things develop as they appear to be going to. I wish you manage to do the same.

[kurious]

Hey JJG, it's Thursday.

[El duderino_]

Hey JJG, it's Thursday.

https://bitcointalk.org/index.php?topic=178336.msg48790997#msg48790997

[JayJuanGee]

Ack! Just looked at the price 1 hour ago...now it is going down...damn it....it's all on me...Ack!

(just don't look, it is always a trap!)

Something to say for 'blissful ignorance' and don't look at BTC price for 5 years, just think of all the angst I would have

lessened in the last 1/2 year alone!

Well, at least you don't REALLY need to look at the price anymore... You have been able to retire early. You have already cashed out enough to carry you until you receive your state retirement, social benefits, plus private pension plan. You still have a stash bigger than most guys here.

You made it FFS!

Just stop always seeing the glass half empty and enjoy your well deserved retirement, bro!

Mostly I agree with you here, bitserve, and for sure, Searing needs a bit of kick in the pants and lecturing on a regular basis on the terms that you just did.

Regarding Searings actual circumstances, just to be more particular, he was in the 100 BTC-ish arena and then cashed out less than 15 BTC and some other stuff(s), and so it is quite likely that he is still in the 85 BTC-ish arena.

Regarding "making it,"  that surely can vary, and there is some relativeness to such considerations about how much of a BTC cushion is necessary to "make it".  For anyone just getting into BTC, getting to 1 BTC might be a difficult first goal, but any of us will need to start somewhere.  Then 2BTC, then 5BTC, then 10BTC, then 21BTC.  Maybe really making it would be to get to over 50 BTC.  I recall when I first started in late 2013, my goal was to get to 30BTC in the next 6 months to year, but I was not rigid with such aspirations because I knew that my ability to reach the goal was partly dependent upon what the BTC price would do in the subsequent months following my creation of such quasi-artificial and personally tailored (and likely moveable) interim goal.

So you have around 21 BTC? You should accumulate some more. Just sayin'.

Remember fight club rules, and maybe I deviated a bit too much from fight club rules?

Anyhow, if a person creates a goal and then reaches the goal, such as 21 BTC, there may also be a need to surpass such goal, maybe by 50% or so, in order to have flexibility and a likely ability to maintain such goal (and the goal amount might become a kind of cold storage amount) but it still can be used and leveraged, of course, depending on  personal prudences and practices.   

Some guys and gal, will not have any kombunction to sell a decently large portion of their stash, including depleting their goal amount upon certain reached price points, and I don't really have a problem with that because I can understand that the goal stash amount might (and probably) should be downward adjusted at certain BTC price points.. so now there could be considerations of accomplishing such downward adjustments at $10k, $30k, $50k, $100k, etc. 

These price points and the values that seem prudent or reasonable are going to vary from person to person at least based on cashflow, other investments, risk tolerance, view of bitcoin and timeline.

[kurious]

I don't mind JJG, it makes the WO pages easier to catch up on

[kurious]

Hey JJG, it's Thursday.

https://bitcointalk.org/index.php?topic=178336.msg48790997#msg48790997

OK, I stand corrected:

Hey JJG, it's still Thursday

[d_eddie]

Correction? When correction?

[jojo69]

holy hell

is that 80x long still open?

[kurious]

holy hell

is that 80x long still open?

Personally I admired his cajones, but I think cashing out at 41XX would have made sense.  

Edit:  But I will be happy to be proved wrong

[JayJuanGee]

LET IT BE

That is nearly ridiculous logic that you are citing there, mic.  Get your team to help you to see the light.

Recall that in September 2017 bitcoin was in the midst - and even tail end of a bull market, and currently bitcoin seems to be in a bear market, so the price dynamics, and therefore momentum, are much different.

international meeting tomorrow with all of my crew.... big punishment, gonna laid off a few etc all on you JJG
gonna recruit a whole new team, on much more attractive payroll just to make sure you are not annoyed @ any time.



by the way its thursday STFU JJG .........................

I suppose that you gotta do what you gotta do.   

[Toxic2040]

Correction?

holy hell

The Wall.

[El duderino_]

[d_eddie]

Personally I admired his cajones

Finest percussionist!

[El duderino_]

haha if she's a NOCOINER then its a good trick to pull of

[BTCMILLIONAIRE]

WASHINGTON > The first futures contract that will pay out in cryptocurrency rather than cash is expected to soon get regulatory approval.

UP UP UP !!!!!!!!

https://twitter.com/WSJ/status/1075718727298138112

https://twitter.com/BlockchainKai/status/1075724604944076801

Guess someone doesn't realize you need to buy Bitcoin before you can dump it.

[kurious]

haha if she's a NOCOINER then its a good trick to pull of

Jeez, Mic...  if a nocoiner has good legs, you can surely make an exception?

[BTCMILLIONAIRE]

Are we starting to see people FOMO'ing?

Have no fucking idea. I am with my date tonight  and I am confused where should I concentrate more my btc or naked girl laying beside me.

Lets look at this mathematically:

0 BTC + 1 Naked Girl Now = 0 BTC + 1 Naked Girl Later (maybe)
X BTC + 0 Naked Girls Now = X/2 BTC + X² Naked Girls Later

So let me get this straight, if I get half a BTC now but no naked girls, I'll have a quarter BTC and a quarter naked girl later?

[El duderino_]

haha if she's a NOCOINER then its a good trick to pull of

Jeez, Mic...  if a nocoiner has good legs, you can surely make an exception?

after use of the legs.....then the poop trick , i'm lucky my girls legs are total awesome and her mind is coiner

haha but it is a F***ed up pic

[BTCMILLIONAIRE]

Ack! Just looked at the price 1 hour ago...now it is going down...damn it....it's all on me...Ack!

(just don't look, it is always a trap!)

Something to say for 'blissful ignorance' and don't look at BTC price for 5 years, just think of all the angst I would have

lessened in the last 1/2 year alone!

Well, at least you don't REALLY need to look at the price anymore... You have been able to retire early. You have already cashed out enough to carry you until you receive your state retirement, social benefits, plus private pension plan. You still have a stash bigger than most guys here.

You made it FFS!

Just stop always seeing the glass half empty and enjoy your well deserved retirement, bro!

Retirement is severely overrated.
Most people are bored to smithereens and/or become idle.
In fact, being active in your 60ies probably extends life (for man).
I have seen older men declining really fast once they stopped working.
Somehow, this is not true for females, who often stay successfully retired for much longer.

I am almost fully certain that your lifespan depends heavily on your will for life. So if you retire with no other goals left, you'll quickly deteriorate and move on to the afterlife.