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

[JayJuanGee]

[edited out]

  I also returned the merit he sent to me because of that.

Stop presenting fantasy regarding how merit works, here.

There is no such thing as "returning merit" in the context that you suggest.

[fillippone]

[edited out]

  I also returned the merit he sent to me because of that.

Stop presenting fantasy regarding how merit works, here.

There is no such thing as "returning merit" in the context that you suggest.

That was part of the joke.
But this is less and less funny the more we talk about that.
My point is this thread is fun, but as I am relatively new here I still have to work out to understand how the attention span works here.

[Last of the V8s]

here is an article with some words in it.

https://www.coindesk.com/ibm-quietly-enters-crypto-custody-market-with-tech-designed-for-banks

[JayJuanGee]

According to HuffPost, on average people spend about $650 on Alcohol every month.

Is it really true? I doubt that it's based on average calculation according to the World. Maybe only in the first World? but Highly doubt when it comes to Third world countries.

For example, buying the same amount of dollar value of BTC at $4k as what was bought at $20k would cut your average price per BTC to the mid-point between $20k and $4k, which would be $12k.  Many variations on that, too, and nothing wrong with selling on the way up, as long as, from my approach to the matter, the portion that you are selling is sold for higher prices than bought.

@JJG Your posts are good study material.

But sometimes I get lost because of long posts ( I mostly use the phone to read posts here.)

I get a bit annoyed when I am reading posts on a phone, and even typing on a phone can be a bit cumbersome.  For example, it would be pretty rare that I would engage in extensive quoting attempts if I was working from a phone, but never say never... technologies evolve and I believe that I am still capable of learning some things.   

Regarding the above quote of me that you made, I am providing a synopsis of earlier points that I made, and even though there was some joking going on about someone who may have bought BTC at $20k, there can be some serious talking points with that subject matter, too. 

By the way, sometimes trolls will suggest a hypothetical situation of someone who bought at the top and is suffering immensely from such top purchase that supposedly occurred years before. 

That kind of buying at the top and getting stuck situation would be quite rare, in my thinking, but even if one were to find him/herself in a kind of comparable situation (of highly under water), there are a decent number of reasonable planning and strategies to attempt to improve the underwater position that are especially applicable in a seemingly foundationally strong asset such as bitcoin (but such strategies might not be even close to equally as prudent if underwater in some shitcoin(s)).

[kludzins]

Time to wash brains 

https://www.youtube.com/watch?v=kYZut3DWvek&feature=youtu.be

[erre]

here is an article with some words in it.

https://www.coindesk.com/ibm-quietly-enters-crypto-custody-market-with-tech-designed-for-banks

Seems way more cumbersome than a cold storage, and still less secure. But I think that is exactly what bank needs. Normal people can instead just stop to use banks.

[Findingnemo]

Time to wash brains 

https://www.youtube.com/watch?v=kYZut3DWvek&feature=youtu.be

[JSRAW]

~Snip~

I get a bit annoyed when I am reading posts on a phone, and even typing on a phone can be a bit cumbersome.  For example, it would be pretty rare that I would engage in extensive quoting attempts if I was working from a phone, but never say never... technologies evolve and I believe that I am still capable of learning some things.   

Regarding the above quote of me that you made, I am providing a synopsis of earlier points that I made, and even though there was some joking going on about someone who may have bought BTC at $20k, there can be some serious talking points with that subject matter, too. 

By the way, sometimes trolls will suggest a hypothetical situation of someone who bought at the top and is suffering immensely from such top purchase that supposedly occurred years before. 

That kind of buying at the top and getting stuck situation would be quite rare, in my thinking, but even if one were to find him/herself in a kind of comparable situation (of highly under water), there are a decent number of reasonable planning and strategies to attempt to improve the underwater position that are especially applicable in a seemingly foundationally strong asset such as bitcoin (but such strategies might not be even close to equally as prudent if underwater in some shitcoin(s)).

Yeah it's irritating sometimes but one can get used to it I bought my first smartphone when I entered in crypto space, just to give you an example of how tech-savvy I am lol

Yeah, I noticed that I was spectating the topic like the rest of the members.

Joke or not, it was topic to debate because I know a good amount of peoples in my crypto circle who got in during the bull run and ended up buying ATH. And ironically I know minimum 5-6 guys personally as well who didn't take profits during the bull run at all and banging their head against the wall since last year. Stupid thing IMHO but shit happens.

I usually respect almost all trolls in this forum because they dedicate their all energy at only one cause (right or wrong depends on our perspective). This kind of dedication deserves some respect IMHO. some exceptions are always there, according to time or topic.

[xhomerx10]

Time to wash brains 

https://www.youtube.com/watch?v=kYZut3DWvek&feature=youtu.be

Meh, we've already lived it.  Nice to see the "computer in tennis shoes" still making movies though; Kurt Russell is one of my favourite actors.
 

[Last of the V8s]

1215 called to remind us that a parliament is no way to run a kingdom.

[kenzawak]

British MPs reject Brexit deal by 391 to 242 despite May securing changes to backstop

https://www.euronews.com/2019/03/12/watch-live-mps-set-to-debate-brexit-ahead-of-crucial-vote

[LFC_Bitcoin]

Just bought another £250 worth of BTC. Feasting on these cheap coins is too easy, I just can’t satisfy my hunger to keep eating them nom nom nom !!!!!

[StartupAnalyst]

[~sniped]

Ultimately, each of us has to figure out what is our plan in regards to BTC, and early on such plan would be to figure out your BTC to fiat ratios with also considering your other investments, cashflow, timeline, risk tolerance, view of bitcoin, etc.  

Thereafter, accumulate to reach your goal in a timeline that is suitable then go on to a maintenance phase.

At some point, some incremental selling of BTC would likely be prudent for insurance purposes (which would be preferable after you have already reached a maintenance rather than accumulation phase.. but HODLers are free to differ in their thinking about this), and larger scale selling of BTC for either enjoying the asset that you have already accumulated in a passive income kind of way or engaging in selling the principle, too, especially since none of us is going to live forever, and I would question the personal prudence of passing on an asset (referring to after death), such as bitcoin, to someone (including relatives and spouses) who would likely value it less than you (especially, if they did not go through the struggles to accumulate it).  I am not saying that NO value should be reserved for passing, but it would seem too antithetical to fail and refuse to enjoy decent amounts of fruits from your labor.. even if it is only a small percentage, every year or so.

Anyhow, as a basic financial prudence rule, once you have established a decently high stash of bitcoin in which you feel comfortable living off of about 4% of it's value per year in a kind of passive income flow, that means selling some in order to realize the 4% per year (or easier calculations of about 1% per quarter).  Of course, that level of BTC accumulation in which you perceive that living off of 4% per year is enough for your to meet all your expenses plus maintaining emergency funds will vary for individuals, and likely that level of BTC accumulation necessity would become lower, if BTC prices were to go up in an exponential way, which is not guaranteed, but could happen in similar ways as it has done historically and theoretically has decent odds of happening some more in the coming years.

Everyone certainly decides for themselves the percentage of their BTC and other wealth in their possession. The psychological phase of maintenance is different for each person (HODLer), but I think there is an average value and at the moment it is about $2500-$3000. That doesn't mean that if BTC costs $1 or $100 tomorrow, no one will buy it. This means that none of the HODLers will sell their BTC for $2500-$3000 and store them further.

I don't think any of the HODLers will live on the street or (God forbid) starve instead of selling 0.002% of their BTC, or tolerate something like that.  

And even if the price of BTC doesn't grow exponentially (which is very doubtful for me), BTC will still remain a reliable tool for saving!

[Biodom]

College admission scandal in US.
Dozens charged, probably hundreds more exist.

https://www.nytimes.com/2019/03/12/us/college-admissions-cheating-scandal.html
https://www.nytimes.com/2019/03/12/style/olivia-jade-giannulli-college-admissions-scandal.html

A kind of situation that is predictable in mostly fiat world.
Reeks of decadence, IMHO.
Bitcoin should fix this.

I wonder, why they need all those degrees when they have basically no use for them afterwards.
Do you really need a degree to expose your "assets" strategically (a la Kardashians)?
Just put on a fishnet or something.

BTW, will BA precipitate/initiate a bear market in stocks? I regret not buying puts at the end of the day yesterday.

[Last of the V8s]

https://www.bloomberg.com/news/articles/2019-03-04/crytpo-brokerage-tagomi-gets-12-million-in-second-funding-round
https://twitter.com/pierre_rochard/status/1105544420030590976
https://twitter.com/wheatpond/status/1105546537680162816
Actually, the reason @tagomisystems and things like @arwensecure are important is that many institutions (esp. those with retail clients) are *required* to show that they are getting the best price possible when buying an asset on their client's behalf.

It is happening, slowly and quietly.
Stock up now before the institutions force the price up.

[Olegya199]

See how much profit you could make if you invested $100 in the BTC immediately after the coin appeared on the exchange and did not lose it later on.

[Last of the V8s]

^repost^
inb4 fake?https://www.spiked-online.com/2019/03/12/why-i-invented-titania-mcgrath/
previously https://www.spiked-online.com/2018/07/25/the-death-of-godfrey-elfwick/

[vapourminer]

My point is this thread is fun, but as I am relatively new here I still have to work out to understand how the attention span works here.

the object of this thread is to figure out the object of this thread.

kinda

sorta

well not really

[Raja_MBZ]

inb4 fake?https://www.spiked-online.com/2019/03/12/why-i-invented-titania-mcgrath/
previously https://www.spiked-online.com/2018/07/25/the-death-of-godfrey-elfwick/

You guys sometimes post off-topic stuff so confidently that it actually starts to look like on-topic.

Imagine having ZCash (ZEC) on that graph.

[mindrust]

Check this out:

Fiatleak.com has a new design and it is pretty hypnotizing to watch.



Muricans buying like there is no tomorrow.

Sometimes JPY and CNY goes berserk too.