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

[BobLawblaw]

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Life is good.

Have a great weekend, gentlemen.

[strawbs]

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Life is good.

Have a great weekend, gentlemen.

Welcome to the "Retirement - Psilocybin - Nullius on Ignore" hat-trick. It's a wonderful place Bob, I think you'll like it here 

[rdbase]

-Wayyy TMI-

https://twitter.com/JimBTC/status/989152686430973952
Above link is in regards to rules of fomo'ing in.
Maybe having a WO hat would be better than a tin foil one. You can just ask xhomerx to make you one with your mirror symbol on it.
  
This is the wall or have I made a wrong turn into meta

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Life is good.

Have a great weekend, gentlemen.

Probably for the best since the next stop is the twillight zone.

Have a good one too!

[LFC_Bitcoin]

https://twitter.com/100trillionusd/status/1327631471973117952?s=21

[TheJuice]

https://twitter.com/100trillionusd/status/1327631471973117952?s=21

Once we hit 20k im going to starting sending that gif again -- was doing it in 2017 every 1000 increase!

[friends1980]

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Life is good.

Have a great weekend, gentlemen.

Say what you want, the guy brings color to these boards. Sadly, not only figuratively but also literally.

I wonder how nullius' posts look after a few mg of C₁₂H₁₇N₂O₄P  

[LFC_Bitcoin]

I wonder how nullius' posts look after a few mg of C₁₂H₁₇N₂O₄P  

nullius & JJG in the middle of a cocaine session, sitting at a table, debating something.......

[friends1980]

I wonder how nullius' posts look after a few mg of C₁₂H₁₇N₂O₄P  

nullius & JJG in the middle of a cocaine session, sitting at a table, debating something.......

They're harsh with words on these boards, but I believe it would be much more gemütlich IRL, though.

[V8s Road Warrior]

well 'we' getting there



^ last comment: I believe the minimum is 64ETH (~0.7btc). madness. edit: phil says it's 32 eth   https://bitcointalk.org/index.php?topic=178336.msg55594197#msg55594197

 

Q: How does something start as unregistered security, turn into commodity and end up as "money" while still being centralized shitcoin with arbitrary rule changes, deceptive marketing and scammy promises of impossible future that is somehow always just around the corner?
A: Magic

more crap https://cryptobriefing.com/value-defi-drained-millions-flash-loan-attack/

[OutOfMemory]

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Life is good.

Have a great weekend, gentlemen.

try 2mg. It's still microdosing imho, but definitely less subtle than last time.
*This is not recreational advice*

About question 2: I keep asking myself since two days, too.
I decided NOT to engage ignore on him, if i'll read a post by nullius until monday and i'm NOT asking myself wether i should finally hit ignore or not.

[rdbase]

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."
Life is good.
Have a great weekend, gentlemen.

Say what you want, the guy brings color to these boards. Sadly, not only figuratively but also literally.
I wonder how nullius' posts look after a few mg of C₁₂H₁₇N₂O₄P  

I thought we were colorful enough as it is

But there does seem to be some kind of secret war going on with their posts and a moderator whom follows this WO thread closely.
They just might have a hat on.

If this ignoring nullius thing becomes a widely supported "popular" "mass" action, chances are he'll take it as a compliment...

Maybe a poll is in order. Ask infofront for approval after all: this is his bitch.
excuse my language in the thread must be too many cats on the brain

[friends1980]

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Life is good.

Have a great weekend, gentlemen.

try 2mg. It's still microdosing imho, but definitely less subtle than last time.
*This is not recreational advice*

About question 2: I keep asking myself since two days, too.
I decided NOT to engage ignore on him, if i'll read a post by nullius until monday and i'm NOT asking myself if i should finally hit ignore.

If this ignoring nullius thing becomes a widely supported "popular" "mass" action, chances are he'll take it as a compliment...

[JayJuanGee]

By the way Biodom, seems that I recently (wasn't it earlier today?) presented a hypothetical to you, and you have not yet responded...    

You mean where you were talking REALLY big numbers?
I am not planning to sell any bitcoin...
Instead, I re-positioned some cash toward GBTC in ret accounts.
I will try to sell GBTC at the peak (if I manage to do it), then simply use retirement monies to supplement dialed-down work, nothing fancy...aka no 50-100 acre spreads.
Maybe a McClaren, though...I kid, I kid...but the idea of pipping Bob to it is moderately amusing.

I mean we are still getting back to a point in which peeps might conclude differently regarding how much income they need to either maintain their current standard of living versus increasing some of their consumption based on increased wealth.  

So, if you believe that your income is going down because your active earnings are going down (which seems to be somewhat within your choice to reduce your labor, too), then surely remains discretionary whether you draw from retirement funds or continue to let them ride - in the event that you can increase your cashflow through labor or if you can reduce some of your living expenses in order NOT to have to draw from retirement funds.

Surely, you and I have been batting back and forth about how much we can bank upon bitcoin prices going up in the short to medium term, including whether we might act to our detriment to become overly reliant upon BTC prices going up, and thereby become disappointed in the event that BTC prices do not go up in any amount close to our expectations.

I believe that I had been trying to remove such expectations from the formula by suggesting to base calculations upon the 208 week moving average rather than making calculations based on where current prices are or where they might go... so in some sense, placing a lot of reliance on current BTC prices and where they might go presumes a possibility of cashing out some BTC or a lot of BTC in order to assist with reaching cashflow goals.

Even though the 208 week moving average is going to benefit from short term BTC price movements - I still believe that it is a better measurement to attempt to remove short to medium price concerns - unless you are making plans to sell some increasing amounts of your BTC in order to attempt to meet your cashflow and/or capital goals.

Of course, you have acknowledged that my statement of my BTC plan involves scraping off some BTC along the way, no matter what in the event that the BTC price goes up - and I would also include myself in considerations of whether I might find it in my interest to shave off a wee bit more BTC than what is in my regular plan in the event that some kind of blow off top seems to be in progress.  So, surely, I might, as well, adjust my behavior a bit in the direction of selling more (as a kind of lump sum percentage) during this particular blow off top than I had done in the 2017 blow off top to $19,666.  

By the way, I had noticed that if we get to $19,666 this time around, I have way more in BTC (as a percentage compared with cash) than I had in late 2017.... So, in late 2017, my BTC to cash had approached 88/12 and this time around my BTC to cash is likely going to be around 96.5/3.5... so maybe if BTC were to get to $80k or $150k or $300k, then my BTC/cash ratios might get close to my 2017 levels if 88/12 or I will have to force my BTC stash into such a position since my current practice (including assessing my current cashing out trajectory) do not seem to automatically bring my BTC/cash ratio back down to those late 2017 levels of around 88/12.  

In some sense, it is just way too much money to deal with, and so in that regard, either I would be using it to buy back bitcoin, or I need to find some kind of way to spend it.. such as planes, yachts and islands.. otherwise it is way more money than I am accustomed to spending in my regular budget on hookers, lambos and blow.  

First world problems.  

[FullNode]

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Life is good.

Have a great weekend, gentlemen.

About question 2: I keep asking myself since two days, too.
I decided NOT to engage ignore on him, if i'll read a post by nullius until monday and i'm NOT asking myself wether i should finally hit ignore or not.

https://i.imgur.com/H5skp0D.gif

[JayJuanGee]

Since Bob is sleeping I'll say it, sheeeit.

Probably we are not going to hearing any complaining or grumbling from Bawb for a while, unless BTC prices go above $23k or below $11k...

I mean, he is kind of set for this particular current BTC price range and a bit beyond our current BTC price range.. that seems to be one of the advantages of shaving off a bit of BTC profits within the bounds of a decent BTC price run - even if BTC prices continue to go UPpity from here.

Don't get me wrong, because I am surely NOT suggesting that any mere mortal HODLer take profits unless s/he is somewhat out of the BTC accumulation phase, his/her stash is either in decent profits and/or s/he is feeling some stress from time to time from the quantity his/her BTC holdings (which also should preferably be in profits too, even if still in a largely stacking sats phase).

[600watt]

Breaking News; World’s second-biggest bank embraces bitcoin.

The second-biggest bank in the world is the latest institution to embrace bitcoin.

China Construction Bank (CCB) has announced that it is working with digital securities exchange Fusang to raise up to $3 billion through a publicly-listed debt security on a blockchain.

A special purpose vehicle has been established for the purpose of issuing the “Longbond.” Retail investors will be able to purchase digital tokens on the Fusang exchange using dollars or bitcoin, with investments of as little as $100, Finextra reports.

as always, a shitcoin is produced out of thin air and they want real bitcoins for it. your bitcoins. no way.

[FullNode]

shitcoinchina shitcoindefi fuck it

[JayJuanGee]

I've always thought, that if I retired, I'd probably need to maintain at least double my salary coming in just to pay for all the things I'd need to do to stop me getting bored out of my mind.
That being the case, I'm not going to retire anytime soon, even if Moon^TM.

my retirement goal required three times what i figured was the "normal" amount i needed. took longer but i do like huge safety margins.

and boredom? i have never been bored in my entire life. i have far too many interests and hobbies. i love learning and trying new things (and have the scars and broken bones to attest to that).

ive never understand how someone can get bored.

Yes I am sorry to report that I met with my financial advisor today and I would have to take out of Bitcoin 3 times my current target in order to retire in 2021.  Looks like I’m gonna be here until 2025 guys !

Are you referring to something in the ballpark of the current BTC price $15,500 to $16,400 -ish  or some other BTC reference price.. like a potential correction or a BTC price rise?

So for example, if you were referring to current BTC prices, then wouldn't a 3x price increase assist you in accelerating your goals.... that would be in the $45k to $50k price arena?

No sadly that’s based off my projected trading profits in 2021.  They will be short what I need by a factor of 3.  

It turns out that retiring is much more expensive than anyone would have imagined.

Fair enough..

And, surely this money printer go bbbrrrr practice is also going to require a lot of folks to recalculate and to likely increase the quantity of their needed principle because none of us are getting out of this situation alive in terms of the likely necessity to have 2x to 3x more principle in order to reach the same goals as previously (just a year or so ago).

I would imagine that your projections/expectations of BTC prices in 2021 still remains a range - rather than an exact number...

So, if we end up reaching the top of the range, then that could well be 1.06x to 30x higher than the bottom of the range?  maybe I am just having troubles with attempting to project the future in such likely to continue to be exponentially changing asset, such as BTC..?  I mean a conservative reasonable bottom of the range of the top might be current prices + 6%, and a reasonable but hopeful top might be close to $500k (which would be in the 30x territory from here).

Call me delusional, if you must.  

To anyone who is not a complete moron I simply say wear a respirator with P100 filters. MSA makes a nice model that does the job even if a POS coughs on you.

properly fitted p100s are easier to breath through than n95s anyway, and are actually pretty comfortable. i used p100s for years in my line of work so maybe im just used to them.

and nothing gives more peace of mind knowing than aint nothing getting through them, basically.

one thing i did do is buy a couple brands with different fittings so i would have a better supply of cartridges in case one brand had a shortage. although if left sealed the carts have a pretty good shelf life.

Does your cat (such as the one in your avatar) get the used ones, or are you "mask rich"?

Can you tell me where you live again, or if that does not work, I am available for adoption.. just shoot me a PM.  Thanks in advance.   #nohomo

Maybe it's all those times my cats have pushed of my desk.

Se, now it missed "it".

And now "e"

See what I have to work with here.

Use some of your BTC..  purchase a nice, new, quality laptop (or alternatively keyboard) .you rich bastard!!!!!!!!!

#nohomo. 

[BobLawblaw]

Welcome to the "Retirement - Psilocybin - Nullius on Ignore" hat-trick. It's a wonderful place Bob, I think you'll like it here  

Yeah. This dose is real nice.

Everything is glowing.

Life is good.

Sending everyone fabulous no-homo happiness vibes.

(Unless you want homo vibes, in which case, you have to deal with Rick before getting to me. I don't make the rules.)

EDIT: Yeah, this is getting good now. Having to tell my limbs to put things down before engaging in other divided-attention tasks.

EDIT2: Wait.. Why is everything starting to look like it's transposed through fish-eye lens ?

EDIt3: Ueaj ,am/ Get off Twitter and read si-fi on the intenrnet for the rest of the day.

EDIT4: many of these ideograms are composed of base elements from various known systems of thaumaturgical glyphs

[friends1980]

https://news.bitcoin.com/paypal-opens-crypto-services-to-millions-of-eligible-account-holders-in-the-us/

I wonder where Paypal's BTC backup guarantee is coming from. Did they buy the March dip, or do they get an early Black Friday IOU offer from Venezuela's or Iran's Central Banks?