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

[Hueristic]

<...snip ...wtf?>

... get it?

 

um ...nope, but that's just me...

Me2

In other news, ITS TOO FUCKiNG HOT!!!

[JayJuanGee]

New poll!

Old poll:

I did answer the question of the new poll anyhow, even though I was not really sure about what you meant by break out, like in terms of how much of a BTC price difference would constitute a break out.

Of course, we could have a narrow range of something like $300, so maybe breaking above $9,600 or below $8,900, and even though I speculate that you were likely referring to a BTC price breaking out of this kind of more narrow range, but personally, I consider such narrow range to largely be white noise - in other words, not really materially significant, and a broader range of breaking below $8,300 or above $10,200 would be more significantly meaningful.. and perhaps some other BTC price dynamic speculators might even need greater break-out amounts than what I am suggesting before they would start to feel any kinds of ting-a-lingies in their nether parts.

I did base my answer on the smaller presumptuous BTC price range as outlined above (of about $300 from our current price) - and surely, the considerations that "we" price dynamic speculators (of the WO hat club) would be different based on specifying the break-out BTC price range that you were wanting to suggest in the poll.

By the way, if the presumptive break out BTC price range is greater and greater (such as nearing $1,000 from our current price), then there should be an option that is further out than October, too.   #nohomo

[Hueristic]

JJ Grey & Mofro  'Brighter Days'
https://www.youtube.com/watch?v=mpXTK7HD2Ls

First time I've heard this, Great shit man!

above $10,200

That was my thought and why I chose Oct.

Well i was thinking more like 11k

[JayJuanGee]

jbreher likes to pump them up too, I wonder why that is?    He might want to chime his picnic bear ass into the mix, as well.    

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

Kraken and Gemini

In what manner are Kraken or Gemini more decentralized than Coinbase?

Why do BSvers always try to redefine the definition of decentralization? Are there no arguments you can come up with that don't require redefining meaning of words?

What the fuck are you babbling about now? As you seem to be accusing me of redefining 'decentralization', perhaps you might be so kind as to provide me with your personal definition thereof.

Umm the decentralized part was referring to BTC vs your scamcoin, and not the exchanges. The exchanges were suggested as alternatives to Coinbase, seems like everyone got that part except for you. Are you not on top of your game cause your scam coin dropped bellow Cardano by market cap today? No worries, just hit up Ayre to pump it by 20% for old times sake

Hahahahahaha

That's the thing with such illiquid coins, they can be pumped at almost any time and cause a certain amount of FOMO based on bullshit, and the bagholders cannot really have any high level of confidence (beyond mere hopium) that there will be some willingness to pump such crap... not only true for BSV but other shitcoins, too... but maybe even more true for BSV because so few exchanges are even willing to list such an obvious scam project.

[JayJuanGee]

jbreher likes to pump them up too, I wonder why that is?    He might want to chime his picnic bear ass into the mix, as well.    

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

Kraken and Gemini

In what manner are Kraken or Gemini more decentralized than Coinbase?

Why do BSvers always try to redefine the definition of decentralization? Are there no arguments you can come up with that don't require redefining meaning of words?

What the fuck are you babbling about now? As you seem to be accusing me of redefining 'decentralization', perhaps you might be so kind as to provide me with your personal definition thereof.

Umm the decentralized part was referring to BTC vs your scamcoin, and not the exchanges. The exchanges were suggested as alternatives to Coinbase, seems like everyone got that part except for you.

Still waiting for your:
1) explanation of how Coinbase suffers more as being a trusted third party than is Kraken or Gemini; and
2) personal definition of 'decentralization', so we may continue this discussion in a rational manner.

Wow.   Maybe we should have a poll on the topic jbreher?

The question would be about whether jbreher intentionally derails and talks bullshit in order to change questions into meaningless shifting terrain babble or whether jbreher is actually being genuine in his attempt to grapple with meaningful substantive questions.  

There couldn't be too many folks who are active in this thread (at least active enough to answer such a poll) that actually believe your bullshit, even though I will admit that you are pretty good at derailing into babble-ionious baloney in subtle and technical ways that are frequently difficult to figure out what you are doing... in other words, you are an expert troll that might even put stolfi to shame both in terms of substance and ongoing persistence (lasting over 5 years with your diverting baloney talk, when Stolfi only lasted in this thread a couple of years, if that).

[JayJuanGee]

Another day, another bart, meh... I voted for August as well. We stayed at $9200 for too long, let's hope we will see some action in the right direction in July.

$9300 seems to be the resistance for the last few months.
Weird number.

We need Torque to set us straight regarding the meaning of such ($9300) number, if any.

Torque where are you?

above $10,200

That was my thought and why I chose Oct.
[size=pt]
Well i was thinking more like 11k[/size]

Well, I do believe that guys (and gal) are going to be all over the place in their thinking about what constitutes a "break out."

[AlcoHoDL]

Voted October.

Reasons: Jul/Aug/Sep/Oct practically coincide in HoDL time. Voting for Oct is the least disappointing choice.

[Elwar]

So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.

You could renounce your citizenship, but you may well be anticipating getting some income such as social security or maybe you are receiving some other pension, which makes it a BIGGER trade off to renounce.

I am not saying that I agree with world-wide income taxation, and surely there are trade-offs with any system whether we are referring to taxation or other matters of figuring out if you get benefits or will get benefits in the future.   Sure, you likely subscribe to one of those libertarian views, and you have already admitted to it, and sure I have issues with libertarians trying to spin matters with out accounting for how to deal with various public goods, but you surely did not start your propounding of libertarian ideas in your teenage years, so you have some issues with your having had made too many USA connections in terms of either prior employment or your desires to return to the USA or to travel around the world with a USA passport causing you to be unwilling to renounce your citizenship.. because it will likely cost you more than what you are willing to admit to because you want to spin the taxation matter in one direction (sure we all have concerns about taxation how their spent and from whom they are collected).

To renounce my citizenship would require paying taxes on the total value of all of my bitcoin holdings as if I sold them the day I renounced. The thought of the amount of brown skinned people in far off lands who's skin will be burned off using my money does not sit well with me.

My thought is that the US will collapse in the next few years so it is not necessary to renounce my citizenship. US citizenship will cease to exist. Then I can just not sign onto the America 2 (the electric boogaloo) citizenship.

But not to worry. I filed this year so when you leave your house in the morning there will be roads.

[lightfoot]

To renounce my citizenship would require paying taxes on the total value of all of my bitcoin holdings as if I sold them the day I renounced. The thought of the amount of brown skinned people in far off lands who's skin will be burned off using my money does not sit well with me.

My thought is that the US will collapse in the next few years so it is not necessary to renounce my citizenship. US citizenship will cease to exist. Then I can just not sign onto the America 2 (the electric boogaloo) citizenship.

But not to worry. I filed this year so when you leave your house in the morning there will be roads.

Yeah that does suck. Wonder if they would beat your wallets out of you on the way out, or just keep tabs on your spending for a decade. Hm.

I'm finishing up my taxes as well. Every bitcoin sale tied to a LIFO purchase transaction, every deduction verified. Annoying as hell, probably stupid, but I sleep well as a result.

[somac.]

Another day, another bart, meh... I voted for August as well. We stayed at $9200 for too long, let's hope we will see some action in the right direction in July.

$9300 seems to be the resistance for the last few months.
Weird number.

Yep I've noticed the same. At least the price is not getting pushed much below it either, my bet is we are going to breakout upwards to the extreme when the sellers realise that they are not getting as many coins back on the sell offs because they are being hodled instead of traded. 12+ month hodl times are at ATH apparently, and with the halvening, there must be less coins floating about. Demand must be near to soaking up supply.

[DaRude]

jbreher likes to pump them up too, I wonder why that is?    He might want to chime his picnic bear ass into the mix, as well.    

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

Kraken and Gemini

In what manner are Kraken or Gemini more decentralized than Coinbase?

Why do BSvers always try to redefine the definition of decentralization? Are there no arguments you can come up with that don't require redefining meaning of words?

What the fuck are you babbling about now? As you seem to be accusing me of redefining 'decentralization', perhaps you might be so kind as to provide me with your personal definition thereof.

Umm the decentralized part was referring to BTC vs your scamcoin, and not the exchanges. The exchanges were suggested as alternatives to Coinbase, seems like everyone got that part except for you.

Still waiting for your:
1) explanation of how Coinbase suffers more as being a trusted third party than is Kraken or Gemini; and
2) personal definition of 'decentralization', so we may continue this discussion in a rational manner.

Coinbase is anti bitcoin, they bloated mempool, inflated tx fees by resisting segwit, refused grouping transaction together, jumped on supporting bcash, actively selling analytics software to IRS etc etc etc pretty much all things that a bear like you would've done short of supporting BSv, so its really hard to call them a good guy, thus my suggested alternative exchanges that actually support bitcoin and it's idea/spirit. They're a business and are free to do as they wish, but i don't have to support them just as i don't have to support company trying to make a buck by selling facial recognition/tracking software to governments.

As far as centralization, see, it's a common knowledge that BTC is more decentralized than BSv, but yet you claim otherwise. It's like me saying that earth is round and you claim that it's flat. Than, you troll for definition of 'round' and then later start nitpicking that definition, like pointing how there are parts on earth bellow sea level which are actually convex. Sure there are no absolutes so even though i'll be right in 99,9% of the time you'll be nit picking that 0,9%. Point being you're the one putting out unconventional claims about centralization, so it's you who has to substantiate it not I, the burden of proof is on you, extraordinary claims require extraordinary evidence.

[DaRude]

So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.

You could renounce your citizenship, but you may well be anticipating getting some income such as social security or maybe you are receiving some other pension, which makes it a BIGGER trade off to renounce.

I am not saying that I agree with world-wide income taxation, and surely there are trade-offs with any system whether we are referring to taxation or other matters of figuring out if you get benefits or will get benefits in the future.   Sure, you likely subscribe to one of those libertarian views, and you have already admitted to it, and sure I have issues with libertarians trying to spin matters with out accounting for how to deal with various public goods, but you surely did not start your propounding of libertarian ideas in your teenage years, so you have some issues with your having had made too many USA connections in terms of either prior employment or your desires to return to the USA or to travel around the world with a USA passport causing you to be unwilling to renounce your citizenship.. because it will likely cost you more than what you are willing to admit to because you want to spin the taxation matter in one direction (sure we all have concerns about taxation how their spent and from whom they are collected).

To renounce my citizenship would require paying taxes on the total value of all of my bitcoin holdings as if I sold them the day I renounced. The thought of the amount of brown skinned people in far off lands who's skin will be burned off using my money does not sit well with me.

My thought is that the US will collapse in the next few years so it is not necessary to renounce my citizenship. US citizenship will cease to exist. Then I can just not sign onto the America 2 (the electric boogaloo) citizenship.

But not to worry. I filed this year so when you leave your house in the morning there will be roads.

Would relocating to Puerto Rico be an option, or got to pay taxes when leaving mainland either way?

[Searing]

So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.

You could renounce your citizenship, but you may well be anticipating getting some income such as social security or maybe you are receiving some other pension, which makes it a BIGGER trade off to renounce.

I am not saying that I agree with world-wide income taxation, and surely there are trade-offs with any system whether we are referring to taxation or other matters of figuring out if you get benefits or will get benefits in the future.   Sure, you likely subscribe to one of those libertarian views, and you have already admitted to it, and sure I have issues with libertarians trying to spin matters with out accounting for how to deal with various public goods, but you surely did not start your propounding of libertarian ideas in your teenage years, so you have some issues with your having had made too many USA connections in terms of either prior employment or your desires to return to the USA or to travel around the world with a USA passport causing you to be unwilling to renounce your citizenship.. because it will likely cost you more than what you are willing to admit to because you want to spin the taxation matter in one direction (sure we all have concerns about taxation how their spent and from whom they are collected).

To renounce my citizenship would require paying taxes on the total value of all of my bitcoin holdings as if I sold them the day I renounced. The thought of the amount of brown skinned people in far off lands who's skin will be burned off using my money does not sit well with me.

My thought is that the US will collapse in the next few years so it is not necessary to renounce my citizenship. US citizenship will cease to exist. Then I can just not sign onto the America 2 (the electric boogaloo) citizenship.

But not to worry. I filed this year so when you leave your house in the morning there will be roads.

I'm not sure but you could get dual citizenship..it would not help the taxes problem...but would maybe be an alternative if you are going to live overseas as far as the state

taxes and/or medical issues of the future being paid for...(not much but all that comes to mind) I'm also not sure if you MARRY someone overseas and eventually get

their citizenship under that plan applies...but you probably would just have dual citizenship by default..it is not US citizenship just stops being so...

Probably, you can simply make a LLC or some such..put everyone under that and do the whole corporate tax shift that way..just have it pay you a certain amount each

year and just pay cap gains on that? is that how that works...?  All I know for sure is a LOT of ex-military in the USA who have foreign brides get socialized medicine via

that route rather than the VA also cheaper to retire in the wife's home country too boot.....anyway, not like I'm gonna find a wife/country/etc that would accept my likes

anyway.....for what it is worth? Anyone with more clarification of the above feel free.

Brad

[LFC_Bitcoin]

@bitharington
All I want for Christmas 2020 is ~20K. And all I want for Christmas 2021 is 100K+. At least 10X every four years / every halving. And following the S2F avg ~100K price model. Let's go! 🐂

And if it doesn't happen, we'll just work like everybody else, right? No problem.

https://twitter.com/bitharington/status/1282664054675431428?s=21

[LFC_Bitcoin]

@mikeinspace
The road to 100K will be long & arduous for #Bitcoin  as each 10K rise is someone’s psychological top creating sell pressure and retracement. It’s easy to say you’ll hang on white knuckled all the way up but when will you lick the fiat boot... 20K? 30K? 50K?

HODL brother, HODL!
https://twitter.com/mikeinspace/status/1282862789812531206?s=21

[JayJuanGee]

So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.

Good point about the need to declare all assets upon renouncing because I had kind of overlooked that "minor detail."

You could renounce your citizenship, but you may well be anticipating getting some income such as social security or maybe you are receiving some other pension, which makes it a BIGGER trade off to renounce.

I am not saying that I agree with world-wide income taxation, and surely there are trade-offs with any system whether we are referring to taxation or other matters of figuring out if you get benefits or will get benefits in the future.   Sure, you likely subscribe to one of those libertarian views, and you have already admitted to it, and sure I have issues with libertarians trying to spin matters with out accounting for how to deal with various public goods, but you surely did not start your propounding of libertarian ideas in your teenage years, so you have some issues with your having had made too many USA connections in terms of either prior employment or your desires to return to the USA or to travel around the world with a USA passport causing you to be unwilling to renounce your citizenship.. because it will likely cost you more than what you are willing to admit to because you want to spin the taxation matter in one direction (sure we all have concerns about taxation how their spent and from whom they are collected).

To renounce my citizenship would require paying taxes on the total value of all of my bitcoin holdings as if I sold them the day I renounced. The thought of the amount of brown skinned people in far off lands who's skin will be burned off using my money does not sit well with me.

My thought is that the US will collapse in the next few years so it is not necessary to renounce my citizenship. US citizenship will cease to exist. Then I can just not sign onto the America 2 (the electric boogaloo) citizenship.

But not to worry. I filed this year so when you leave your house in the morning there will be roads.

USA gone in two years would largely be the playing out of an Armageddon scenario, which seems like quite a long shot, even under the crazy-ass conditions under which we currently find our lil selfies in which gradually and then suddenly could end up playing out.  I hope that you are not putting too many eggs in the seemingly long-shot scenario that you are anticipating.  

[JayJuanGee]

@mikeinspace
The road to 100K will be long & arduous for #Bitcoin  as each 10K rise is someone’s psychological top creating sell pressure and retracement. It’s easy to say you’ll hang on white knuckled all the way up but when will you lick the fiat boot... 20K? 30K? 50K?

HODL brother, HODL!
https://twitter.com/mikeinspace/status/1282862789812531206?s=21

That assertion from @mikeinspace is nearly pure bullshit.

It's like arguing that every $100 step from $200, to $300, to $500 etc was going to be painstaking while the BTC price was in the double digits in late 2012, and we know how that played out.

Also

It's like arguing that every $1,000 step from $2,000, to $3,000, to $5,000 etc was going to be painstaking while the BTC price was in the triple digits in late 2016, and we know how that is playing out.

In other words, even if we might experience some BTC price stagnation points and maybe even BTC price percentage increases that are NOT as outrageously extreme as they had been in previous cycles, there is no reason (beyond pure naysaying) to believe that the BTC UPpity price dynamics are NOT much different than they had been in those earlier cycles.. even if the waves are quite likely to play out in somewhat different ways (and we have seen that too, in each cycle, the waves do NOT play out exactly the same, even though the generally go in the same UPpity direction if we zoom out a wee bit).

[Hueristic]

@mikeinspace
The road to 100K will be long & arduous for #Bitcoin  as each 10K rise is someone’s psychological top creating sell pressure and retracement. It’s easy to say you’ll hang on white knuckled all the way up but when will you lick the fiat boot... 20K? 30K? 50K?

HODL brother, HODL!
https://twitter.com/mikeinspace/status/1282862789812531206?s=21

That assertion from @mikeinspace is nearly pure bullshit.

It's like arguing that every $100 step from $200, to $300, to $500 etc was going to be painstaking while the BTC price was in the double digits in late 2012, and we know how that played out.

Also

It's like arguing that every $1,000 step from $2,000, to $3,000, to $5,000 etc was going to be painstaking while the BTC price was in the triple digits in late 2016, and we know how that is playing out.

In other words, even if we might experience some BTC price stagnation points and maybe even BTC price percentage increases that are NOT as outrageously extreme as they had been in previous cycles, there is no reason (beyond pure naysaying) to believe that the BTC UPpity price dynamics are NOT much different than they had been in those earlier cycles.. even if the waves are quite likely to play out in somewhat different ways (and we have seen that too, in each cycle, the waves do NOT play out exactly the same, even though the generally go in the same UPpity direction if we zoom out a wee bit).

He's correct about this. Most care about what they can buy and are not in this for the altruistic goals of economic freedom.

It’s easy to say you’ll hang on white knuckled all the way up but when will you lick the fiat boot... 20K? 30K? 50K?

A good portion of those in this thread only care about how much they can cash out for.

[JayJuanGee]

@mikeinspace
The road to 100K will be long & arduous for #Bitcoin  as each 10K rise is someone’s psychological top creating sell pressure and retracement. It’s easy to say you’ll hang on white knuckled all the way up but when will you lick the fiat boot... 20K? 30K? 50K?

HODL brother, HODL!
https://twitter.com/mikeinspace/status/1282862789812531206?s=21

That assertion from @mikeinspace is nearly pure bullshit.

It's like arguing that every $100 step from $200, to $300, to $500 etc was going to be painstaking while the BTC price was in the double digits in late 2012, and we know how that played out.

Also

It's like arguing that every $1,000 step from $2,000, to $3,000, to $5,000 etc was going to be painstaking while the BTC price was in the triple digits in late 2016, and we know how that is playing out.

In other words, even if we might experience some BTC price stagnation points and maybe even BTC price percentage increases that are NOT as outrageously extreme as they had been in previous cycles, there is no reason (beyond pure naysaying) to believe that the BTC UPpity price dynamics are NOT much different than they had been in those earlier cycles.. even if the waves are quite likely to play out in somewhat different ways (and we have seen that too, in each cycle, the waves do NOT play out exactly the same, even though the generally go in the same UPpity direction if we zoom out a wee bit).

He's correct about this. Most care about what they can buy and are not in this for the altruistic goals of economic freedom.

It’s easy to say you’ll hang on white knuckled all the way up but when will you lick the fiat boot... 20K? 30K? 50K?

A good portion of those in this thread only care about how much they can cash out for.

Maybe we are talking past each other or alternatively, maybe we can just agree to disagree to the extent that I am just going to repeat my point that the dynamics have not really changed in this cycle as compared with previous cycles including how much you might also have feelings regarding what the pulse of members of this thread might be, including whether honey badger gives any shits about what regular members of this thread might do.

Of course, there are always going to be people already in bitcoin that are anxious to sell out as soon as we even get close to our previous ATH.. just like that was true in 2015/2016 when so many HODLers were talking like desperate fanatics to cash out at or near $1k, including having doubts that the BTC price would ever return to $1k again and also arguing that they wanted to cash out before everyone else who was eager to cash out.  

How the fuck are they feeling after the BTC price went to $19,666 and they blew their load at $1k-ish under the belief that everyone else would be selling and the BTC price could not be supported up to those higher prices... furthermore, if they were planning to buy back later at a cheaper price, so far, they have been kind of fucked out of that and the best that they could have done was somewhere in the $3k's even though they might have been waiting for even lower prices, so they even failed to buy back in the $3ks..

How have those smarter than the rest of us theories about: 1) "the BTC price NOT being sustainable" and 2) "everyone is desperate to lock-in profits" working out?  Not so well, I would maintain.    In other words, good luck selling all your coins around $20k and the same may be true regarding other price points in the 5 digits realm... even though none of these matters are guaranteed, there are likely opportunity costs and risks in trying to believe that you are smarter than everyone else and selling too much too soon based on such skepticism theories regarding what prices might be sustainable in BTClandia.

[Hueristic]

Maybe we are talking past each other or alternatively, maybe we can just agree to disagree to the extent that I am just going to repeat my point that the dynamics have not really changed in this cycle as compared with previous cycles including how much you might also have feelings regarding what the pulse of members of this thread might be, including whether honey badger gives any shits about what regular members of this thread might do.

Of course, there are always going to be people already in bitcoin that are anxious to sell out as soon as we even get close to our previous ATH.. just like that was true in 2015/2016 when so many HODLers were talking like desperate fanatics to cash out at or near $1k, including having doubts that the BTC price would ever return to $1k again and also arguing that they wanted to cash out before everyone else who was eager to cash out.  

How the fuck are they feeling after the BTC price went to $19,666 and they blew their load at $1k-ish under the belief that everyone else would be selling and the BTC price could not be supported up to those higher prices... furthermore, if they were planning to buy back later at a cheaper price, so far, they have been kind of fucked out of that and the best that they could have done was somewhere in the $3k's even though they might have been waiting for even lower prices, so they even failed to buy back in the $3ks..

How have those smarter than the rest of us theories about: 1) "the BTC price NOT being sustainable" and 2) "everyone is desperate to lock-in profits" working out?  Not so well, I would maintain.    In other words, good luck selling all your coins around $20k and the same may be true regarding other price points in the 5 digits realm... even though none of these matters are guaranteed, there are likely opportunity costs and risks in trying to believe that you are smarter than everyone else and selling too much too soon based on such skepticism theories regarding what prices might be sustainable in BTClandia.

I think the point is to keep as much as you can for as long as you can and there is never a bad time to stack. Divesting is always a losing proposition no matter what price point you get.