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

[cAPSLOCK]

Ibian, be nice.
You can't blame every individual of a whole (artificial) group for that groups collective actions.
And I also think that the boomers of Scandinavia started raising taxes before the boomers of north America. Besides, being born in 1961 and thus a boomer I must say that I was born in to a system already in place. I never voted for higher taxes, I always voted for lower taxes.
And I don't like the runaway welfare state we have in Scandinavia, and never has.

I never claimed to be nice.

I know, that's why I'm urging you to be nice.
I know I can be hard sometimes when it comes to politics, but that's never personal. I would not have any trouble having a beer with any of my political opponents after a hard debate. But then again, I used to be involved in local politics and am used to that, some people in here might not. (looks at Hairy and smiles).

There's a Swedish saying, "It costs nothing to be polite, but it pays of well". (In a somewhat loose translation).

Are you going to urge the boomers to be nice or not? Let's just get that cleared up.

Teehee... GenX

You know... does it count for nothing that just about all us fuckers (including mindrust again) are going to be filthy with "financially... independently... nuh nuh nuh" within half a decade?

We are all part of the rainbow elite.  Boomers to babes...

-GenX (the can't we all just get along shut the fuck up generation)

If you are suggesting half a decade to become filthy [rich], then you seem to be suggesting two more up cycles (the one that we are in, plus another one, no)?

One up cycle (the one we are in) would thereby achieve a kind of normal rich/comfortable, and the next cycle would lock in "filthy" status?

What about the guys (and gal) who blow their loads on this next (current) cycle?  What's going to happen to those wadd blowers?  There must be some "wadd blower" in our midst, no?

In other words, are you sure that some of the current WO participants are not going to screw up their own situations?

I do tend to agree with a kind of presumption that anyone who is currently investing in bitcoin because they have become sufficiently acquainted with bitcoin and largely aiming at BTC accumulating is likely going to be able to do much better with their investment portfolios than those people who do not invest in bitcoin (or adequately know about it - or take action in regards to getting started with a meaningful/adequate BTC allocation), yet there is also a phenomenon in which a large number of BTC investors make a sufficient number of ongoing mistakes that causes them to largely financially perform mediocrely in their bitcoin investment(s) rather than really being able to prosper from their bitcoin investment/involvement.

I likely could even include myself in such mediocre performance group in regards to where I am at with my bitcoin as compared to where I could have been under more optimal practices... because I have been maneuvered out of a certain meaningful quantity of my coins (likely I am to blame for my own situation)...

What is the percentage of BTC HODLers who really figure out ways to play their BTC investment/involvement to a kind of meaningful perfection?  besides hairy?  (hahahahaha... I believe that even hairy would likely admit to some mistakes along the way, perhaps?)

Anyone who has been through at least one up and down cycle going to proclaim that s/he has not made any mistakes in their bitcoin investment?

Maybe I should not be fighting you too much in regard to your proclamations of impending richie status on the masses of regular WO participants, cAPSLOCK?  There likely are a decent number of regular WO participants (at least historical ones) who have already come quite close to locking in a kind of richie status, especially if they have largely held through a couple of up/down BTC price cycles.. and even if they may have made a decent number of mistakes, they still may have been able to achieve a decent amount of richie status, so long as staying persistent in mostly HODL through more than one up/down BTC price cycles.. Is that what we are saying, cAPSLOCK?  You must have at least a couple of up/down BTC price cycles under your belt, cAPSLOCK?  But you are not already at "filthy" status?

By the way, I do not consider myself at "filthy" status yet, but maybe i would not need two more cycles to achieve "filthy" status, and maybe one more cycle (this current one) would be good enough for me?  Perhaps.? let's see how it goes and whether I screw anything up in my own approach. (we have discussed before that filthy status has both objective and subjective elements to it, so whether my "filthy" status involves less than 1 BTC, 10 BTC or more than 50 BTC would likely be a matter of discretionary OPsec privacy....     )

So... my thinking is most people here will be in pretty good financial shape after this, and the next cycle.  And of course it's relative to what they invested.  And of course there will be some folks who are already "there" and will just be getting filthier.

As to my experience I *will* say I have been through ALL bitcoins major cycles.  I came in when it first went to the unbelievable height of ~$32 (on Gox) back in 2011, and have held through all the following cycles.  I will NOT say anything about of what that means for me.   But I expect my financial foundation will be very different within that 5 year window as well.

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[Biodom]

36% large investors hold crypto (25% btc and 11% the second one)?
https://markets.businessinsider.com/currencies/news/crypto-assets-bitcoin-owned-large-investors-institutional-fidelity-survey-percentage-2020-6-1029293753

Maybe, but only minuscule amounts, otherwise there is no way we would still be vacillating between bull and bear around here.

[Hueristic]

That platform flick is pretty demented.

The idea of the movie is ok, but the ending sucks big time.

Its a bad example of capitalism (?).. what do socialist pretend? Somebody (state) in the platform saying how much you can take??

Watch anything else...

Yeah, I noticed it was trying to portray a pure" trickle down" economy model.

Haven't finished it, dryer died so i'm arms deep in the timer mechanism right now.

[Toxic2040]

[JimboToronto]

Back in the 1960s we used to say, "you can't trust anyone over 30".

 

I was 2 in the 60s.  So you can trust me.

no that "im now two years old" trip was pretty common when dropping acid in the 60s

I was reborn on LSD in the 1960s.

Does that make me Generation X?

If I took 500 mcg (oh for the Sandoz that used to come in through Stanford) now would I become Generation Alpha?

 

[JayJuanGee]

[edited out]

So... my thinking is most people here will be in pretty good financial shape after this, and the next cycle.  And of course it's relative to what they invested.  And of course there will be some folks who are already "there" and will just be getting filthier.

As to my experience I *will* say I have been through ALL bitcoins major cycles.  I came in when it first went to the unbelievable height of ~$32 (on Gox) back in 2011, and have held through all the following cycles.  I will NOT say anything about of what that means for me.   But I expect my financial foundation will be very different within that 5 year window as well.

I mean, even if you don't agree to meet with any of us shorter-term WO plebs personally, I hope that at least you will allow some of us to visit your island, and maybe provide free appetizers?  No pressure.

 

36% large investors hold crypto (25% btc and 11% the second one)?
https://markets.businessinsider.com/currencies/news/crypto-assets-bitcoin-owned-large-investors-institutional-fidelity-survey-percentage-2020-6-1029293753

Maybe, but only minuscule amounts, otherwise there is no way we would still be vacillating between bull and bear around here.

Like you mentioned, Biodom, I am going to take that proclamation with a BIG ass large grain of salt.... maybe even proclaim that they are full of shit.

They are likely trying to describe bitcoin as being way the fuck more mature than it is, otherwise, like you mentioned, we would be in $100k plus price territories... 

The more I think about it, the more I suspect that the article is full of shit in however they arrive at such purported adoption/investment level measures.

On the other hand, I do agree that likely the trend for more and more traditional investors to be getting involved in bitcoin is likely to be increasing on a regular basis (the longer that bitcoin is around with a kind of Lindy effect).

[Toxic2040]

That platform flick is pretty demented.

The idea of the movie is ok, but the ending sucks big time.

Its a bad example of capitalism (?).. what do socialist pretend? Somebody (state) in the platform saying how much you can take??

Watch anything else...

Yeah, I noticed it was trying to portray a pure" trickle down" economy model.

Haven't finished it, dryer died so i'm arms deep in the timer mechanism right now.

[cAPSLOCK]

Back in the 1960s we used to say, "you can't trust anyone over 30".

 

I was 2 in the 60s.  So you can trust me.

no that "im now two years old" trip was pretty common when dropping acid in the 60s

I was reborn on LSD in the 1960s.

Does that make me Generation X?

If I took 500 mcg (oh for the Sandoz that used to come in through Stanford) now would I become Generation Alpha?

 

500.  About as high as I ever went.  Just remembering it scares the shit out of me. But it was probably different in the 80s.  Your's probably cleaner.

[LFC_Bitcoin]

Observing $9722, surely we’re coiling ready for an upwards movement soon. I miss daily $1000 POMPS

My bags are full & I know the good times are coming but I’m so fucking bored.

2020 sucks balls too, things have to get better soon, right?

[Toxic2040]

Dryer pr0n wins out...I am truly a degenerate. I will have you know that I do all this for science. Dont hate me.

[OutOfMemory]

Back in the 1960s we used to say, "you can't trust anyone over 30".

 

I was 2 in the 60s.  So you can trust me.

no that "im now two years old" trip was pretty common when dropping acid in the 60s

I was reborn on LSD in the 1960s.

Does that make me Generation X?

If I took 500 mcg (oh for the Sandoz that used to come in through Stanford) now would I become Generation Alpha?

 

You'd definitely become one of the alpha trippers around here.
I'd pass at more than 200mcg, honestly, not only because i died in the 90s on LSD. I can somewhat clearly remember these (probably) few moments that seemed to last forever. Sound, environment and space collapsed into darkness and all that was remaining was my soul, floating through eternal darkness, not frightened in any way, it seemed more interesting to curious me. Later i found out that i accidentally switched off the light in the toilet.

[Hueristic]

That platform flick is pretty demented.

The idea of the movie is ok, but the ending sucks big time.

Its a bad example of capitalism (?).. what do socialist pretend? Somebody (state) in the platform saying how much you can take??

Watch anything else...

Yeah, I noticed it was trying to portray a pure" trickle down" economy model.

Haven't finished it, dryer died so i'm arms deep in the timer mechanism right now.

Fucking timer fixed but still not working, I must have broke something else looking for the timer issue.

Story of my life.

Kicks back and drops a opiate...

[Hueristic]

Dryer pr0n wins out...I am truly a degenerate. I will have you know that I do all this for science. Dont hate me.

You got me to actually google drier pr0n.

[Hueristic]

You'd definitely become one of the alpha trippers around here.
I'd pass at more than 200mcg, honestly, not only because i died in the 90s on LSD. I can somewhat clearly remember these (probably) few moments that seemed to last forever. Sound, environment and space collapsed into darkness and all that was remaining was my soul, floating through eternal darkness, not frightened in any way, it seemed more interesting to curious me. Later i found out that i accidentally switched off the light in the toilet.

Never died on it but I sat in jail for a wek in soitary while they told me I murdered a guy on it.

gotta say that was not a fun thing to be doing.


I was tricked into an OD and the guy paid dearly.

[Hueristic]

Hmmm ^^^--- Looks like opiate posting to me.

not good for opsec

[Toxic2040]

Dryer pr0n wins out...I am truly a degenerate. I will have you know that I do all this for science. Dont hate me.

You got me to actually google drier pr0n.

[OutOfMemory]

You'd definitely become one of the alpha trippers around here.
I'd pass at more than 200mcg, honestly, not only because i died in the 90s on LSD. I can somewhat clearly remember these (probably) few moments that seemed to last forever. Sound, environment and space collapsed into darkness and all that was remaining was my soul, floating through eternal darkness, not frightened in any way, it seemed more interesting to curious me. Later i found out that i accidentally switched off the light in the toilet.

Never died on it but I sat in jail for a wek in soitary while they told me I murdered a guy on it.

gotta say that was not a fun thing to be doing.


I was tricked into an OD and the guy paid dearly.

Heh. Stuff for novels, right there! 
A boring life must be real hell 

[Hueristic]

Heh. Stuff for novels, right there! 
A boring life must be real hell 

I definitely did not lead a boring life.

[UnDerDoG81]

Get ready for the next whale sell off? It got really boring.

[El duderino_]

F*** it .... the Dude is back at his local pubs