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

[HairyMaclairy]

I really hope the major didn't really sell all of his stash at $4K-

The other day I stumbled upon one of the last posts of bones261 in another thread. It seems that he sold. Not that he had a huge stash, but still.

I wonder how many other good people we will be losing along this bumpy journey. Will never understand why people go ALL-OUT. Why not hodl even a little stash just in case... even if you lost faith?

When I see the first pages of this very same thread I see a lot of nicks that are no longer here. It is easy to notice because there are almost no hats. IIRC jojo is the first one that appears. I have always though that most of them already reached their targets and are now too busy spending their fortune while still hodling a good chunk of BTC... Maybe reality is much uglier than that.

HODL.

Just no.  

Buying Bitcoin on credit is a way to set yourself up for all sorts of bad thinking when the next inevitable dip comes.

By definition, mortgage money is money you cannot afford to lose.  

Don’t do it.  Find ways to invest smaller amounts.

Thinking about going all out is so 2015. (especially when it is down 50%+ from its ATH) That was the year I was afraid of bitcoin crashing to zero and I had no coins at that time. I was all out.

After I witnessed the pump in 2017, I realized that bitcoin cannot go to zero even if it wanted to. (What...You thought bitcoin wasn't a living organism?)

People just won't let it happen. (It is certainly not dying.)

I totally agree. I went almost all out in 2015 when I bought my Ducati for 30 BTC.

Now, not so much. on thursday I actually have an appointment with the bank to discuss "selling my house for bitcoin". That is, taking out a second mortgage on the huge surplus value of my house, reorganising my debts and then hopefully ending up with a sizeable amount to increase my stash. I mean, the money is free man, 1.55% is less then inflation....

No. 

Mortgage money is money you cannot afford to lose.

Only invest what you can afford to lose.

[jojo69]

It is clearly a rising doowopawiggabee.

Almost always indicates continuing confusion.

[StartupAnalyst]

Hey, WO`s!!! 

 Is there anyone here who can tell me what's wrong with monero? 
Of course, aside from the fact that the monero aren't BTC.


Otherwise, having learned all the information available to me about him, I have too suspiciously positive an opinion about him... 

[HairyMaclairy]

Hey, WO`s!!!  

 Is there anyone here who can tell me what's wrong with monero?  
Of course, aside from the fact that the monero aren't BTC.


Otherwise, having learned all the information available to me about him, I have too suspiciously positive an opinion about him...  

It has unlimited emissions.  Which means it will perpetually underperform.  

Sadly, Monero is br0ke

[LFC_Bitcoin]

Hey, WO`s!!! 

 Is there anyone here who can tell me what's wrong with monero? 
Of course, aside from the fact that the monero aren't BTC.


Otherwise, having learned all the information available to me about him, I have too suspiciously positive an opinion about him... 

Globb0 is your man for Monero.

https://bitcointalk.org/index.php?action=profile;u=244243

[El duderino_]

I need to create a RL gif actually

This moment the dude and his co-HODLing brother are witnessing a small-ish pump

Both taking our imaginary ukele And performing a small dance while stroking out ukelele

Gogogogogogo corn

[Globb0]

haha I want to save you

It has under performed a bit now and we shouldn't talk here.

JJG will have a knicker bunching problem.


I'm holding on for same reasons as these guys. We've seen better.


I don't see better looking round at the world only a decline.



I plan to spread the love.    But if that's not enough?

[JayJuanGee]

I really hope the major didn't really sell all of his stash at $4K-

The other day I stumbled upon one of the last posts of bones261 in another thread. It seems that he sold too. Not that he had a huge stash, but still.

I wonder how many other good people we will be losing along this bumpy journey. Will never understand why people go ALL-OUT. Why not hodl even a little stash just in case... even if you lost faith?

I think that it boils down to over-investing on hype, and not having a plan to either continue to buy all the way down or merely approach from a more reasonable dollar cost averaging approach - and none of them can be get rich quick schemes, because even the best case scenarios, it will usually take a decently long time to get rich (doesn't come quick).

When I see the first pages of this very same thread I see a lot of nicks that are no longer here. It is easy to notice because there are almost no hats. IIRC jojo is the first one that appears. I have always though that most of them already reached their targets and are now too busy spending their fortune while still hodling a good chunk of BTC... Maybe reality is much uglier than that.

HODL.

How the hell are you going to get rich, if you cannot defer gratification?  There were guys showing off what they bought because they got a 3x return on a few thousand dollar investment... So, yeah, they get a nice toy for $10k when they cashed out at $700 or maybe they sold at $3k on the way up the first time around... Either way, there is NOT an attempt to employ a long enough time horizon...

And, seems to me that guys who are cashing out some value in the 4-6 year range, but only cashing out those older coins, are going to do much better.

I do understand that sometimes there can be some luck too... I mean, buying in the $250s to $600s and ending up with an average of $400 coins, and then cashing out a portion of them at $13k feels pretty damned good, in the event that you still have some coins, so you are prepared for more up, even if you are not sure about whether MOAR up is going to come.

In the end, NOT easy to HODL through so much of these difficult times and even long periods of consolidation... remember ONLY a few days of the year are UP days, and sometimes it is difficult to be in those UP days unless you are just IN all of the time..

I really hope the major didn't really sell all of his stash at $4K-

The other day I stumbled upon one of the last posts of bones261 in another thread. It seems that he sold. Not that he had a huge stash, but still.

I wonder how many other good people we will be losing along this bumpy journey. Will never understand why people go ALL-OUT. Why not hodl even a little stash just in case... even if you lost faith?

When I see the first pages of this very same thread I see a lot of nicks that are no longer here. It is easy to notice because there are almost no hats. IIRC jojo is the first one that appears. I have always though that most of them already reached their targets and are now too busy spending their fortune while still hodling a good chunk of BTC... Maybe reality is much uglier than that.

HODL.

Thinking about going all out is so 2015. (especially when it is down 50%+ from its ATH) That was the year I was afraid of bitcoin crashing to zero and I had no coins at that time. I was all out.

After I witnessed the pump in 2017, I realized that bitcoin cannot go to zero even if it wanted to. (What...You thought bitcoin wasn't a living organism?)

People just won't let it happen. (It is certainly not dying.)

I totally agree. I went almost all out in 2015 when I bought my Ducati for 30 BTC.

Now, not so much. on thursday I actually have an appointment with the bank to discuss "selling my house for bitcoin". That is, taking out a second mortgage on the huge surplus value of my house, reorganising my debts and then hopefully ending up with a sizeable amount to increase my stash. I mean, the money is free man, 1.55% is less then inflation....

hahahahahaha

You, julian071, are exactly one of the examples that I thought of when I was writing my above response.. a kind of bragging when the price went up and taking some profits... way too much and too early.

Regarding leveraging your house, that is very risky, and yeah, it worked out for Elwar, but he completely sold his house, instead of mortgaging it... so a very risky proposition, that is for sure.. and definitely a need to make sure that your cashflow is covered in the even that BTC prices do not go shooting up.

[LFC_Bitcoin]

I need to create a RL gif actually

This moment the dude and his co-HODLing brother are witnessing a small-ish pump

Both taking our imaginary ukele And performing a small dance while stroking out ukelele

Gogogogogogo corn

That would be worth 10 Merit’s at least
Faces covered of course

[StartupAnalyst]

Hey, WO`s!!!  

 Is there anyone here who can tell me what's wrong with monero?  
Of course, aside from the fact that the monero aren't BTC.


Otherwise, having learned all the information available to me about him, I have too suspiciously positive an opinion about him...  

It has unlimited emissions.  Which means it will perpetually underperform.  

Sadly, Monero is br0ke

Doesn't that just make it a not deflationary asset?
 BTC is cool to use for accumulation, but it's a shame to sell it because tomorrow it will be more expensive than yesterday!

 And the Monero will always have a price formed by market demand. Won't it?

[Globb0]

Hey, WO`s!!!  

 Is there anyone here who can tell me what's wrong with monero?  
Of course, aside from the fact that the monero aren't BTC.


Otherwise, having learned all the information available to me about him, I have too suspiciously positive an opinion about him...  

It has unlimited emissions.  Which means it will perpetually underperform.  

Sadly, Monero is br0ke

So if I understand correctly your argument is a small ongoing emission forever, that continues to make there a value in continuing mining is equivalent to instant infinite coins? or troll?

Who will mine BTC after no reward, in your opinion? robin hood?   or perhaps  The hooded claw. Whoever you will be at their mercy.

It ok you will all be retired, for BTC its later on. Bum

[Last of the V8s]

https://youtu.be/96Ku56lKiX8 Q-ANON EXPOSED BY SAM HYDE!!!
but so much more than jus that. deeply funny

[StartupAnalyst]

[~snip]

Globb0 is your man for Monero.

https://bitcointalk.org/index.php?action=profile;u=244243

Thank you for the tip!  
+ 1 WO`s merit

[~snip]

It has unlimited emissions.  Which means it will perpetually underperform.  

Sadly, Monero is br0ke

[~snip]

Who will mine BTC after no reward, in your opinion? robin hood?   or perhaps  The hooded claw. Whoever you will be at their mercy.

It ok you will all be retired, for BTC its later on. Bum

Brutal on your part, but fair.

P.S.
 Although I certainly hope for a strong medical development and life of over 100 years...  

P.P.S.
+ 1 WO`s merit for making a funny description of the problem!

[jojo69]

Who will mine BTC after no reward, in your opinion? robin hood?  

ever hear of transaction fees?

[JayJuanGee]

Thinking about going all out is so 2015. (especially when it is down 50%+ from its ATH) That was the year I was afraid of bitcoin crashing to zero and I had no coins at that time. I was all out.

I totally agree. I went almost all out in 2015 when I bought my Ducati for 30 BTC.

Wow, I guess I wasn't alone when I sold my 20+ BTC for a stupid old Honda Civic back in 2015/16. I still regret that decision, and I still have that car parked.

Today I reached a new ATH in terms of USD (the last time I reached my ATH was in January 2018), but I'm absolutely sure that I'll never be able to reach a new ATH in terms of BTC as I had a hell lot of 'em many years ago.

Let's just forget the painful past and focus on the future. #StackSats

Surely painful truths in terms of trying to figure out how to finance your living expenses (and sometimes merely consumption goods).

If we are over-invested into bitcoin, then we are more likely going to run into some moments of weakness, so likely we have to make sure that we do not get overinvested, and we have our living expenses covered and we are cashing out of our bitcoins on our own terms... part of the problem is that sometimes we believe that we need to shave off a few profits, and we do not realize that the UP party has just begun.

My dad was pestering the fuck out of my mom at $1,700-ish in early 2017 to at least cash out most of her initial investment into BTC.  I think that she partly conceded to his demands, but luckily she saved the larger portion of her cashing out at $14k-ish.,.... after the price was back down from its $19,666 peak... and yeah, would have been nice to cash out a larger portion at a closer point to to the top, but when the top is going on there is so much exuberance in the air that it becomes difficult to cash out when you are so tempted to buy moar.

[Last of the V8s]

monero cannot scale

[bitcoinPsycho]

Brace

[StartupAnalyst]

monero cannot scale

Sorry I can't understand you, but what exactly do you mean?
I have learned a lot of useful information from your posts, so I would love to read your arguments in more detail. 

[JayJuanGee]

Hey, WO`s!!! 

 Is there anyone here who can tell me what's wrong with monero? 
Of course, aside from the fact that the monero aren't BTC.


Otherwise, having learned all the information available to me about him, I have too suspiciously positive an opinion about him... 

What's monero?  Never heard of it.  A kind of exchange? 

[exstasie]

Pump it