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

[Dabs]

Coming out of retirement happens more often than you think. Not one in a million. I wasn't exactly retired a couple years ago, but then I was unemployed surviving on coins. Wasn't enough I guess.

[BitcoinGirl.Club]

Ladies and gentlemen!

Captured:

[bitserve]

Coming out of retirement happens more often than you think. Not one in a million. I wasn't exactly retired a couple years ago, but then I was unemployed surviving on coins. Wasn't enough I guess.

IIRC, you played your cards really well (converted the altcoins into BTC at the peak) and ended with around 50BTC a couple of years ago. WTF did happen?

[El duderino_]

Hmmmmm only 300 merits needed to get myself a nice Nr of 3333, what can I buy for it?? What can I use it for?? Mmm nothing, why does it even comes to mind??

6981, <——- few years back I was excited, few months back I was excited, today meh.... wtf is this low price....

What’s wrong with me? Call me a human I guess  

Then some serious good news from MicLandia.... Star Wars will be on screen at 22.30h SWEET!!!!!

[Cryptotourist]

Booya!

[El duderino_]

Coming out of retirement happens more often than you think. Not one in a million. I wasn't exactly retired a couple years ago, but then I was unemployed surviving on coins. Wasn't enough I guess.

IIRC, you played your cards really well (converted the altcoins into BTC at the peak) and ended with around 50BTC a couple of years ago. WTF did happen?

I remember Dabs telling he invested back in alts if I’m right, try to accumulate and ended up with some ugly alts...??

Feeling sorry for that matter, on the other hand I also do think never risk more as 10-15% from BTC stash so everything more as 7.5 coins out of those 50 was being “dumb” (wanna put it in nicer, but there is no other way to call such actions)..... I do hope for Dabs to get back and always re-think strategy and risks from every move he makes, as we all must......

[Dabs]

Coming out of retirement happens more often than you think. Not one in a million. I wasn't exactly retired a couple years ago, but then I was unemployed surviving on coins. Wasn't enough I guess.

IIRC, you played your cards really well (converted the altcoins into BTC at the peak) and ended with around 50BTC a couple of years ago. WTF did happen?

I didn't convert them all. That was the value if I had. So yeah .... right ... The alts were ... staking or getting rewards, and I lived off those rewards without eating into the principal, so in that sense I wasn't losing. But then everything crashed, so the alts weren't enough.

If I did convert it all, I would most likely still be unemployed today but it's a good thing I discovered all sorts of traditional financial investments because of that that I'd know better what to do next time and at least set aside some as a conservative investment in fiat, or as an emergency fund at least.

Other things happened in between, like exchanges literally dying as I was trading them, so lost some that way.

[UnDerDoG81]

Lots of green in the charts... Why this dump and why this pump within few days?

[El duderino_]

@Dabs then I got  my story wrong excuses..... I though you told to invested 50btc you held....

[Dakustaking76]

Can the bull run start now!

[JayJuanGee]

Observing the Wall Observer, observing the bottom.



#slightly homo

I don’t know what you searched to find that pic, bro.

Let’s stick to the traditional WO, bottom material in future

I would like to proclaim that "we"(royal we that is) are not that open-minded in these here parts.

[Dabs]

@Dabs then I got  my story wrong excuses..... I though you told to invested 50btc you held....

I wish I had traded them all, that would have been the correct move, in hindsight. I think I'd survive maybe 5 years just on BTC alone even if I never earned any more; I'd probably be looking for employment by the second year anyway so I could preserve as much of the BTC as possible.

I "earned" the alts, so it's not like money or fiat I had that I then invested into BTC or alts ... maybe everything was good for everyone a couple years ago and we all didn't see the winter coming.

[JayJuanGee]

What is ownership rate?
9% of the population? What are we talking about? US? World?
No source data... looks like bullshit to me.

Yeah.. that is way to damned high, unless we are talking about a specific bitcoin saturated location... Even the USA that is supposedly more highly internet/bitcoin aware is lucky to have anything close to 5% overall, and maybe only achieving anything close to 9% in a few pocket cities, perhaps.

[El duderino_]

@Dabs then I got  my story wrong excuses..... I though you told to invested 50btc you held....

I wish I had traded them all, that would have been the correct move, in hindsight. I think I'd survive maybe 5 years just on BTC alone even if I never earned any more; I'd probably be looking for employment by the second year anyway so I could preserve as much of the BTC as possible.

I "earned" the alts, so it's not like money or fiat I had that I then invested into BTC or alts ... maybe everything was good for everyone a couple years ago and we all didn't see the winter coming.

Yeah, it’s still understandable when floating on some awesome incomes to keep onto them though sometimes need to secure some in the main asset of own believe.... and that should be BTC..... then again we all make mistakes, I made my major one as well.... 

[JohnnyUranus]

wow

nice action!!!

[JayJuanGee]

@JJG: Price went roughly $100 lower than on nov. 25th, so does this count as double bottom yet?

I am not really a "double" bottom expert.  I am still working on my skills in that arena, so I might need to see a visual in order to determine.    

Thought you were writing that you're waiting for a DB?
Anyway:



EDIT: Well, it's not a confirmed DB as long as the price is below $7.9k, the missing part i just read up quickly.
Noobs, bloody noobs (Nepultura) 

That was not the kind of visualization that I was considering to be helpful to truly be able to analyze(feel) the matter on both a logical and emotional level. 

[JayJuanGee]

Coming out of retirement happens more often than you think. Not one in a million. I wasn't exactly retired a couple years ago, but then I was unemployed surviving on coins. Wasn't enough I guess.

That is part of the preparation (and maybe even over-preparation) point that I was trying to make.  

Not about you, specifically, but more about making sure that you have your bases sufficiently covered after you do cross into that preparing for "retired" arena (and assessing readiness).. and even to have the less than likely scenarios covered.  

Of course, coming out of retirement after NOT intending to happens way too frequently than what the wannabe retired folks had attempted to plan and prepare for.

[Cryptotourist]

I would like to proclaim that "we"(royal we that is) are not that open-minded in these here parts.

 

[JayJuanGee]

I don't know why I find this so fucking funny...

Because you are jaded as fuck.   



Sorry to admit that I am jaded as fuck too... and getting a lot of internally deep pleasure out of anyone getting rekt (the more the better) when the BTC price goes against them, especially in the up direction.

[Last of the V8s]

'The bottom' my arse.
Not yet sorry lads.
Look at the weekly, it's ugly out there.