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

[JayJuanGee]

A 100x from here puts us as matching the market cap of gold (disregarding lost coins).  I'm pretty comfortable with that.

X 100 from here & I don’t even know what I’d do with myself. It’d be fucking euphoric, wouldn’t it?

 

This is a good time to develop a plan.  If you cash out 50% of your BTC at $50k how much BTC you gonna have left at $350k? 1BTC?  hahahahaha 

Better have a plan, just in case.   I'm thinking to prepare for various scenarios, it is good to have a BTC price movement plan and also a timeline-based plan.

JJG when I say cash out a big % at $50,000 - $100,000 I mean when the price is $50,000 - $100,000 per bitcoin not my total coin wealth being $50,000. Jesus, I’ve got far more than that at the current price.

Did some of our communications get mixed up in the back and forth.

I was not really attempting to figure out your exact bitcoin stash or to suggest how much you would have at various price points, except to suggest that if you cash out 50% of your stash at various points between $50k and $100k, then are you going to have any BTC left to cash out at $350k. 

You know that in the end, there is a bit of an academic exercise here, because of course, you can do whatever you want with your stash, and my ongoing difficulties with any plan is when I perceive there are times in which it may be cashing out too much BTC and not holding onto enough in order to be prepared if the price goes to $350k like Hairy suggests.

I don't mean to accuse you exactly of cashing out all of your BTC, but I suppose in the end, I may be accusing you of cashing out more than necessary - even while in the end, your method of cashing out remains your choice - even while we might brainstorm about it, which can be helpful to both of us and others who might chime into such a discussion, as well, since we are on an open thread... 

I think we all need a solid plan for the future which states what price we start to sell & how much we sell.
I keep changing my mind, it doesn’t really matter atm though, the price is still low & we should all be accumulating.

You sound like you’ve got a solid plan.

Hey.. I think that all of us will tweak our plan from time to time, and there is nothing wrong with that.   I have always striven to plan for both up and down price movements, so of course, I never want to run out of BTC, even if the price ends up petering out... and then I get stuck with lack of appreciation losses from the subsequent price falls. 

But there are other reasons that we can change our mind and our plan, too.. including, perhaps, cashing out so fucking much money that we don't really feel any inclination to cash out more.  Accordingly, I have frequently said that I'm not too interested in buying a Lambo, even though I could have bought several.. however, I could become more likely to buy a Lambo if BTC prices to go up 100x from here like Hairy is telling us.  In that kind of scenario, I might feel that I need to tweak my cashing out plans because I might run out of things to buy, and a Lambo might start to seem practical, just for shits and giggles.

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[Arriemoller]

Turns out it's neither black nor 3/4 length, nor does it fit, but it does say Get out of my way

Plenty of room for one's arms and no butt plugs needed

Valentine's lunch

Macaroni cheese with mushrooms

Some kind of Chicken curry (basha? kasha?) was much nicer than it looked

Yes we're back in England now briefly while things get done but please don't dox me - I'm obviously broke

Next year you might consider having Welsh sausage instead.

That "Welsh" sausage confuses me. Around the QR code it says "opskrifter fuld af smag" that's danish (or possibly norwegian) and means "recipes full of taste" and underneath is the symbol for the Swedish farmers asociation "Lantmännen" and under that is the Welsh flag. I'm confused.

[LFC_Bitcoin]

What do you think of that?

Let me tell you kid what I think of that. Ima better actor than that old fraud. fucked more dolls than he ever met. climbed higher hills, grew bigger beards, better spoken, better bred, better. goddam pogonophobe child sitting there guzzling your cheap vodka letting your sjw gf rule the roost, making sly quips, shitcoin-holding. show us your beard you whispy-arsed teenage dropout nocoiner


ah that feels better. morning all.

Eat my last sMerit Last of the V8s

[StartupAnalyst]

 

[alevlaslo]

[Globb0]

crop

Next year you might consider having Welsh sausage instead.

That "Welsh" sausage confuses me. Around the QR code it says "opskrifter fuld af smag" that's danish (or possibly norwegian) and means "recipes full of taste" and underneath is the symbol for the Swedish farmers asociation "Lantmännen" and under that is the Welsh flag. I'm confused.

Bad shopping, so to speak

[HI-TEC99]

Turns out it's neither black nor 3/4 length, nor does it fit, but it does say Get out of my way

Plenty of room for one's arms and no butt plugs needed

Valentine's lunch

Macaroni cheese with mushrooms

Some kind of Chicken curry (basha? kasha?) was much nicer than it looked

Yes we're back in England now briefly while things get done but please don't dox me - I'm obviously broke

Next year you might consider having Welsh sausage instead.

That "Welsh" sausage confuses me. Around the QR code it says "opskrifter fuld af smag" that's danish (or possibly norwegian) and means "recipes full of taste" and underneath is the symbol for the Swedish farmers asociation "Lantmännen" and under that is the Welsh flag. I'm confused.

Wherever it's from I'm sure sirazimuth's ringpiece would love that huge meaty sausage more than a vindaloo. Last of the V8s ringpiece would probably love that sausage more than yesterday's chicken curry too.

I like phall and vindaloo.

Yeah, I love those dishes too, but my ringpiece certainly doesn't...

[Last of the V8s]

What do you think of that?

Let me tell you kid what I think of that. Ima better actor than that old fraud. fucked more dolls than he ever met. climbed higher hills, grew bigger beards, better spoken, better bred, better. goddam pogonophobe child sitting there guzzling your cheap vodka letting your sjw gf rule the roost, making sly quips, shitcoin-holding. show us your beard you whispy-arsed teenage dropout nocoiner


ah that feels better. morning all.

Eat my last sMerit Last of the V8s

eaten tyvm. possibly a tad overreacty on him hope hes got a thick skin but that brian blessed triggers me erry time.
also used to get 'hey guys, think we found osama bin badman over here' haha bump

on a more important matter LFC I am nervous about your ripples

[Globb0]

I got confused, if I am the one being insulted keep it simpler please.




*edit* shit it was at me. right

[Last of the V8s]

Last of the V8s ringpiece would probably love that sausage

assure you not even a chipolata has passed that way. never even fell for the doctor's scam

[toknormal]

Here's where everything is headed. See what's under/overvalued:

[Cryptotourist]

Morning WO's.

Didn't post anything here yesterday, so I will make it right.
1 JJG post, 3 mine.

Nice to see that jacket of yours V8. Ever been a bouncer?

Pumping weeeeekend incoming.

[Last of the V8s]

lol yes dear internet sleuths Mrs V8s is much older than me. scandalworthily much
fuck you. and fuck Freud

[LFC_Bitcoin]

.....on a more important matter LFC I am nervous about your ripples

Not sure if I’m being stupid but I don’t get it?

Ripples?

[HairyMaclairy]

And here I am just having worked out that grown up Ginny looks just like Harry’s mum

[Last of the V8s]

xrp is one of the coins primed to do another 90% down?

[LFC_Bitcoin]

xrp is one of the coins primed to do another 90% down?

Oh yes, sorry. I gave up on them ages ago. It’s not a lot of money that I invested. I probably should have converted them all into bitcoin though.

Edit - I thought you meant I was creating ripples or something as in annoying people. I was panicking about a dox attempt lol.

[ivomm]

I am almost there to my 5btc aim. Next stop is 10btc but I don't think I will be able to get there in a reasonable timeframe before the next bull run.

I showed you my 1 year btc buys before and this is my whole history:


(never sold a satoshi since 2016)

I hope the accumulation phase lasts at least 2 years this time.

I mean I can buy 30 btc right away but no. I'll dollar cost average the shit out of it.

You certainly are over-cautious in buying BTC. If you went all in 2016, by the end of 2017 you could had been a multi millionaire. I started buying at the end of 2016 although I watched the price since 2015. Back in 2015 I didn't know much about BTC, I didn't think of buying at all. I just started mining ETH with gpu rigs. I sold all for BTC before the big ETH rise to 450$ unfortunately. I made a lot of mistakes until mid 2017 when I went all in with my savings. I could had over 40 BTC if I wasn't shaken by China's bans and the forks. However, these first negative experiences made me firm to hodl and I endured all crashes since the Sep 2017 until now. I learned to appreciate BTC more than the gold or fiat. Playing with my precious BTC's in a daily trade is a no go! My "successful" trades in 2017 led to the missed opportunity 3x since 1000 to 3000$. Now I even used 3/4 of my credit card limits and I am converting all my salary into BTC. For me the best strategy is to hodl until I get at least $1-2mil (hopefully 4-5). My first goal is to reach 20BTC not by trade but by buying only. Whether the price will stay here or go up is of no importance to me, since I can buy directly or mine 1.5-2BTC per year. I am not happy with my current stash, which is only 16BTC, but by the end of 2020 I should be able to reach the 20BTC goal. I am still working on a plan what to spend and for what. On top of my list is a first line beach villa, then a new car, travelling around the world, and charity for homeless and sick children. A 100x from now should be enough for that   Yes, it is close to the gold market cap, but if the gold went there without average Joe, mainly institutions, why not BTC go there with mass adoption and a little inst. investors? It is quite possible in the coming years and guaranteed for a longer period of time!

[BitcoinGirl.Club]

Good afternoon WO. I have missed a lot in the last few days however BTC price is unchanged.

[HairyMaclairy]

Good for you ivomm