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

[sirazimuth]

I’m not selling shit in the $20,000’s

hmmmm...well I might.... (fool me once ...etc)

[explorer]

Look the dems are the green party so biden will make it rain green.

Frankly the aliens will come soon and show us whom is really in charge so have fun while you can.

I sold a bit at 14050
Next sale is 14500+
Then 15000+

Would love to imagine your face once we hit $20k

I can sell small  pieces at

14050
14500
15000
16000
17000
18000
19000
20000
21000
22000

At 22000 I will reconsider what I do. With what I have left.

And how much to sell at 220000 ?

Finally sensible talk.  Other than the debit card idea -that was good too.

[Toxic2040]

[sirazimuth]

<snip...strategic cashing out>

hodel is all good, but I suppose at our age, and at some point, you gotta start thinking...you can't take it with you.

[philipma1957]

Look the dems are the green party so biden will make it rain green.

Frankly the aliens will come soon and show us whom is really in charge so have fun while you can.

I sold a bit at 14050
Next sale is 14500+
Then 15000+

Would love to imagine your face once we hit $20k

I can sell small  pieces at

14050
14500
15000
16000
17000
18000
19000
20000
21000
22000

At 22000 I will reconsider what I do. With what I have left.

And how much to sell at 220000 ?

If we reach 220,000 I enough.

Remember my coins are %50 in price that you pay at an exchange.

My problem is I earn  x coins of BTC a year at 50% off.
Not 10x coins of BTC a year.

[BobLawblaw]

I don't know if you've sold yet...

No. Nap time and screaming headache achievement unlocked, however.

Probably gonna wait a bit longer and see what happens with price. If it dips back below $14k, I'll probably pull my coins back to avoid doing anything too stupid.

Finger is figuratively on the trigger for the time being. Just don't have the nerve to pull, yet.

I don't feel too bad selling a chunk above $14k USD/BTC, but recognize the decision is partly fueled by negative emotions, so, having trouble reconciling the situation in my mind.

feelsbadman.gif

[JimboToronto]

<snip...strategic cashing out>

hodel is all good, but I suppose at our age, and at some point, you gotta start thinking...you can't take it with you.

By all means enjoy your coins. Just don't sell them for no reason (e.g. because of the price) and keep fiat currencies.

Want a new house? Sell just enough to buy one. Want to take a holiday? Ditto. Hookers, blow and Lambos your thing? Go nuts. Just keep as much of your wealth in Bitcoin as possible.

In the meantime, buy more coins whenever you can. Got a few grand left over after your holiday or hookers/blow/Lambo spree? Put it back into Bitcoin.

It's easy.

[philipma1957]

<snip...strategic cashing out>

hodel is all good, but I suppose at our age, and at some point, you gotta start thinking...you can't take it with you.

By all means enjoy your coins. Just don't sell them for no reason (e.g. because of the price) and keep fiat currencies.

Want a new house? Sell just enough to buy one. Want to take a holiday? Ditto. Hookers, blow and Lambos your thing? Go nuts. Just keep as much of your wealth in Bitcoin as possible.

In the meantime, buy more coins whenever you can. Got a few grand left over after your holiday or hookers/blow/Lambo spree? Put it back into Bitcoin.

It's easy.

I am laughing out loud.

hookers,blow,Lambo spree.

 Btc could go to 20,000,000 overnight and I would not be spending on that.

I would get a new house with a large barn to put the mining gear in.

I spent 9700 on paypal credit buying mining gear. In July-Aug.

It is a way to get btc with paypal on credit.

I mined and held. In July Aug Sept Oct.

I moved the 4200 worth of btc I earned Since July 1 to coinbase. And selling it off in 200 usd pieces. As price goes up.

As I sell some off I am still earning coins.

It is more my mining side I am talking about. I usually mine and hodl wait for a nice uptick and sell pieces slowly.

Other hodl moves are just this hodl.

[explorer]

<snip...strategic cashing out>

hodel is all good, but I suppose at our age, and at some point, you gotta start thinking...you can't take it with you.

By all means enjoy your coins. Just don't sell them for no reason (e.g. because of the price) and keep fiat currencies.

Want a new house? Sell just enough to buy one. Want to take a holiday? Ditto. Hookers, blow and Lambos your thing? Go nuts. Just keep as much of your wealth in Bitcoin as possible.

In the meantime, buy more coins whenever you can. Got a few grand left over after your holiday or hookers/blow/Lambo spree? Put it back into Bitcoin.

It's easy.

+5 WO sMerit

Depending on your situation, I advocate 1-5yr living expenses (harvested above 5x previous cycle ATH, preferably) in dirty fiat (assuming no other income source) Otherwise, leave it in.

[BobLawblaw]

I moved the 4200 worth of btc I earned Since July 1 to coinbase. And selling it off in 200 usd pieces. As price goes up.

Those short term gains tax penalty, tho...

[Biodom]

I moved the 4200 worth of btc I earned Since July 1 to coinbase. And selling it off in 200 usd pieces. As price goes up.

Those short term gains tax penalty, tho...

most of it goes to income and taxed as this in his case anyway, probably (since it was mined).
cap gains are only on the difference between at what price btc was when he mined it and the sell price.

[explorer]

I moved the 4200 worth of btc I earned Since July 1 to coinbase. And selling it off in 200 usd pieces. As price goes up.

Those short term gains tax penalty, tho...

most of it goes to income and taxed as this in his case anyway, probably (since it was mined).
cap gains are only on the difference between at what price btc was when he mined it and the sell price.

I don't know US tax law, but it is a business (mining) so may be some benefits to offset there too. 

[philipma1957]

Lot of offsets.

9700 in gear is an offset.

[Toxic2040]

new yearly high at $14,328.00 gentlemen


#dyor




4h


kitteh climbs on shoulder for a kiss
D

#stronghands

[lightfoot]

Hm. I built up a bit of a cash reserve this year so I don't have any need to sell bitcoins at this time. Depending on how things go I might pump some cash into LTC and transfer it to bitcoin (less fees) to burn the cash reserve down a bit.

[philipma1957]

Last 15 days

2020-10-21  12,584
2020-10-22  12,963
2020-10-23  12,914
2020-10-24  13,053
2020-10-25  13,077
2020-10-26  13,063
2020-10-27  13,446
2020-10-28  13,372
2020-10-29  13,321
2020-10-30  13,406
2020-10-31  13,766
2020-11-01  13,762
2020-11-02  13,545
2020-11-03  13,632
2020-11-04  13,908



note pulled info from here


https://bitcointalk.org/index.php?topic=138109.msg55488187#msg55488187

as I noted in an earlier post { https://bitcointalk.org/index.php?topic=178336.msg55491561#msg55491561 }

 the  best streak of above 12,584

was from 2017-12-06 to 2018-01-15  that was 41 days

so 15 down and 26 to go.

   This will be a really nice streak to break.

  If we stay hot we break the streak on Dec. 2, 2020

so 2020-12-02 here we come.

[explorer]

Last 15 days

2020-10-21  12,584
2020-10-22  12,963
2020-10-23  12,914
2020-10-24  13,053
2020-10-25  13,077
2020-10-26  13,063
2020-10-27  13,446
2020-10-28  13,372
2020-10-29  13,321
2020-10-30  13,406
2020-10-31  13,766
2020-11-01  13,762
2020-11-02  13,545
2020-11-03  13,632
2020-11-04  13,908



note pulled info from here


https://bitcointalk.org/index.php?topic=138109.msg55488187#msg55488187

as I noted in an earlier post { https://bitcointalk.org/index.php?topic=178336.msg55491561#msg55491561 }

 the  best streak of above 12,584

was from 2017-12-06 to 2018-01-15  that was 41 days

so 15 down and 26 to go.

   This will be a really nice streak to break.

  If we stay hot we break the streak on Dec. 2, 2020

so 2020-12-02 here we come.

   Perhaps the obvious eludes me; what is the significance of 12,584?

[explorer]

new yearly high at $14,328.00 gentlemen


[snip]

That is sooo last hour, Toxic! 

[Heater]

Nice little pump there.

Passing AUD$20,000 on local exchanges.

[heslo]

Nice little pump there.

Passing AUD$20,000 on local exchanges.

Yeah that put a smile on my face too