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

[criptix]

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.

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.

On the next run i will cash out enough to not bother about fiat anymore.

I mean having enough money without the need to work anymore and still additional money to invest in some big stuff - like the sex robot industry. 

[JayJuanGee]

My cashing out will happen based on a timeline, rather than based on BTC price

Seems silly to completely ignore price, say there was a rise and a dip or anything is possible.

Have that plan but also add a automatic trigger.

If price goes above x = start the 1% plan early

If its silly low you might make the opposite exception = Delay start of 1% plan


What do you think of that?

You are correct, Globb0, that I may have overstated the start triggers for my cashing out of BTC parameters a wee bit; however, if you read in other parts of that same post, I am suggesting that, tentatively, both I will begin to cash out 1% per quarter in that 4-5 year timeline and that I anticipate the BTC price will at least be above $4,500 at that time (again based on a tentative expectation that BTC prices will appreciate in value at least 1% per quarter from today's prices from now until 4-5 years from now). 

Of course, I am free to change my mind (or tentative cashing out plan) at any time, but I am attempting to state a tentative plan and expectations for parameters for such a plan, and you are correct that I may need to rethink my plan to some extent if BTC does not, at least, achieve the price performance of $4,500 or greater by the time we reach my timeline target 4-5 years.. or if some other crazy things were to occur regarding BTC.  But, largely, if its price is above $4,500 I might want to just get started with a cashing out plan based on my being 4-5 years older, no? 

On the other hand, I already had mentioned in some of my previous posts, that a 1% per quarter cashing out plan presumes an ability to continue such cashing out plan forever based on a presumption of at least 4% per year appreciation of value, and therefore such cashing out presumption is that you are never eating into your principle, but instead merely living off of the interest of such investment. 

Even at current BTC prices, my BTC holdings are way above a 4% per annum appreciation since I started in 2013.

Let's just say, for conservative calculation's sake, my average cost per BTC is $1,000. $3,500 gives penty of a profit cushion to start cashing out today, if I were to want to, so in that regard, I would not really, in theory, be eating into principle, even if I were to start to cash out today at 1% per quarter. 

Partly, I am projecting a tentative 4-5 year timeline for beginning to cash out for myself based on age and health and because I don't really need the money right now, and also there is just a bit of an expectation (perhaps gamble) that BTC prices are going to be decently higher in 4-5 years, as compared with today's price.. so may be a better time to start cashing out at that time (without any real need to delay beyond that time, tentatively speaking).

[ChinkyEyes]

Its happening, the avalanche of no-cost tokens is in motion.
First several countries (Russia, Saudi, Venezuela, Iran, UAE...) then JPM and now Japan IT giant releasing coins.
Every Bank large corporation Facebook, Apple.........will have its own non-minable coin. It will extend even to private individuals as status symbol or whatever other reason like attempted money grab. ICO was yesterday.

I know about just every active xrp thread, for hours not a single response to any of them. The xrp money grab is in its final stage. Never experienced  that bunch of ..... so quiet.
https://www.blockchain24.co/stablecoin-in-japan/

Let's not forget Goldman Sachs funded USDC and the soon to be released VAKT. https://www.vakt.com/

I saw an article where JPM was called the bitcoin killer... The first thing I thought it would be the ripple killer not Bitcoin

[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.

[mindrust]

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.

[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.

[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