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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371641 times)
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BobLawblaw
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December 19, 2020, 06:24:08 PM

Painting ze bull flag.
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Biodom
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December 19, 2020, 06:24:26 PM

Getting close to thinking of taking a little profit in the form of 100 acres of prime forested property with 1500 feet of lake frontage, ten minutes from a major hospital and about an hour and a half from downtown Toronto. Under 23 bitcoins at current prices.



Thank you Bitcoin.

Do it!
Peace and serenity now is more important than pie in the sky, especially when we are not there (in the future).

Now is actually months away. This is just the land. I'd still have to build a house,

Personally I wouldn't trust any builder that's not approaching retirement age. Brick layer training used to take 7 years. Now it's three months. I've seen too many people suffering from new build badly build houses to trust anyone young.

We cannot print them, still  Grin ?
Around here they build houses using OSP wood.
When I first saw it, I was horrified, but, apparently, they are OK for at least 50 years (if no grade 4-5 hurricanes).
Will not stand for hundreds, most likely.
wxa7115
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December 19, 2020, 06:28:15 PM
Last edit: December 19, 2020, 07:06:13 PM by wxa7115

A lovely good morning Bitcoinland.

Another day another ATH... currently $24080USD/$30795CAD (Bitcoinaverage).

Go Bitcoin go.
This is what it is happening to me, every time I look at the price and visit this thread BTC is reaching another ATH, which reminds me of this famous quote in the movie Forrest Gump.

Quote from: The Forrest Gump Movie
-The US Ping-Pong team HODLERS met with President Nixon the ATH today at an Oval Office ceremony the WO Thread...

- And wouldn't you know it? A few months days later, they invited me and the Ping-Pong team HODLERS to visit the White House the WO Thread.

- So, I went, again. And I met the President of the United States the ATH, again.
https://www.youtube.com/watch?v=bmnSMlAstMc
OutOfMemory
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December 19, 2020, 06:33:42 PM

At the end of 2017 pump and we had $1k to $2k daily green candles, while in the last few days we had $1k to $1.5k (roughly) green daily candles.

By the end of 2021 we should have $10k-$20k daily green candles.



this.



 Cool


Yes. I can not even imagine right now how excited i will feel, observing these candles.
Especially if $1k-$2k daily pumps keep me totally satisfied, for now.
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December 19, 2020, 06:39:10 PM

Getting close to thinking of taking a little profit in the form of 100 acres of prime forested property with 1500 feet of lake frontage, ten minutes from a major hospital and about an hour and a half from downtown Toronto. Under 23 bitcoins at current prices.



Thank you Bitcoin.

Do it!
Peace and serenity now is more important than pie in the sky, especially when we are not there (in the future).

Now is actually months away. This is just the land. I'd still have to build a house,

Personally I wouldn't trust any builder that's not approaching retirement age. Brick layer training used to take 7 years. Now it's three months. I've seen too many people suffering from new build badly build houses to trust anyone young.

We cannot print them, still  Grin ?
Around here they build houses using OSP wood.
When I first saw it, I was horrified, but, apparently, they are OK for at least 50 years (if no grade 4-5 hurricanes).
Will not stand for hundreds, most likely.

How old are the builders building them? Experienced 50/60 year olds, or 16 year old dickheads? How do you know how old the builders were when you view it? The salesman's never going to admit it was built by dickheads.
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December 19, 2020, 06:50:50 PM

Getting close to thinking of taking a little profit in the form of 100 acres of prime forested property with 1500 feet of lake frontage, ten minutes from a major hospital and about an hour and a half from downtown Toronto. Under 23 bitcoins at current prices.



Thank you Bitcoin.

Do it!
Peace and serenity now is more important than pie in the sky, especially when we are not there (in the future).

Now is actually months away. This is just the land. I'd still have to build a house,

Personally I wouldn't trust any builder that's not approaching retirement age. Brick layer training used to take 7 years. Now it's three months. I've seen too many people suffering from new build badly build houses to trust anyone young.

We cannot print them, still  Grin ?
Around here they build houses using OSP wood.
When I first saw it, I was horrified, but, apparently, they are OK for at least 50 years (if no grade 4-5 hurricanes).
Will not stand for hundreds, most likely.

How old are the builders building them? Experienced 50/60 year olds, or 16 year old dickheads? How do you know how old the builders were when you view it? The salesman's never going to admit it was built by dickheads.

Living in such a house, i can't stress enough that experience of the builders defines quality, as suggested by you.
What you want is a type3 or type4 OSP inside (as vapor barrier) and high dense, breathable, soft fiberboard outside, to support diffusion. mount a windshield foil over that (to keep moisture from outside off the fiberboard) and apply a ventilated facework upon it. This is how you keep the walls healthy for ages.
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December 19, 2020, 06:59:06 PM
Merited by DaRude (1), psycodad (1), HairyMaclairy (1)

Biodom
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December 19, 2020, 07:04:23 PM

Getting close to thinking of taking a little profit in the form of 100 acres of prime forested property with 1500 feet of lake frontage, ten minutes from a major hospital and about an hour and a half from downtown Toronto. Under 23 bitcoins at current prices.



Thank you Bitcoin.

Do it!
Peace and serenity now is more important than pie in the sky, especially when we are not there (in the future).

Now is actually months away. This is just the land. I'd still have to build a house,

Personally I wouldn't trust any builder that's not approaching retirement age. Brick layer training used to take 7 years. Now it's three months. I've seen too many people suffering from new build badly build houses to trust anyone young.

We cannot print them, still  Grin ?
Around here they build houses using OSP wood.
When I first saw it, I was horrified, but, apparently, they are OK for at least 50 years (if no grade 4-5 hurricanes).
Will not stand for hundreds, most likely.

How old are the builders building them? Experienced 50/60 year olds, or 16 year old dickheads? How do you know how old the builders were when you view it? The salesman's never going to admit it was built by dickheads.

Totally agree, I would never hire a young guy to build the new house, but how many times you build a new house for yourself? Maybe not even a single time.
I did it just once so far and at that time I did not know anything about houses.
It (and the roof) survived a direct hit by Ike, though, which was a very large (in diameter) hurricane, but winds at 110 mph or less on landing.
Builders here 100% employ mexican contractors/workers, typically middle age. They are experienced, but there is not much choice otherwise.
You hire a contractor for the job, who knows who he/she would employ-you have almost no say in that.
BobLawblaw
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December 19, 2020, 07:17:38 PM

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December 19, 2020, 07:23:30 PM



Bitcoin often likes these wedges...

BitcoinGirl.Club
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December 19, 2020, 07:33:44 PM

Probably you need to grow the fuck up, GbitG.  Read a few more posts, and try to contribute to the thread with a bit more humility until you get to know the place.  Few of us would expect you to know everything from the start, but starting out as an arrogant newbie and even begging for merits does not seem a great approach towards winning over WO peeps to want to give some credence to your posts.
I was checking his post history and from the day before yesterday he did not make any post in WO 😛
You spells are working.

Calling me sisters was funny though LOL
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December 19, 2020, 07:35:07 PM


My man!
No one takes note of it these days 🤣
HI-TEC99
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December 19, 2020, 07:40:17 PM

Getting close to thinking of taking a little profit in the form of 100 acres of prime forested property with 1500 feet of lake frontage, ten minutes from a major hospital and about an hour and a half from downtown Toronto. Under 23 bitcoins at current prices.



Thank you Bitcoin.

Do it!
Peace and serenity now is more important than pie in the sky, especially when we are not there (in the future).

Now is actually months away. This is just the land. I'd still have to build a house, although in the spring I could still drop a trailer on the land for weekend use.

The big problem is converting my coins into dollars and paying capital gains taxes. I don't have (nor want) a bank account. Luckily I have one paper wallet (my largest) which can be traced to my identity, containing about 30 coins. Hopefully that will cover it.


Gentlemand listed a few OTC options for cashing out. I don't know anything about them, but he is considering them.


I sold my BCH in late 2017. That was quite a lot of money but I transferred it into bitcoin & sold it to a few people on LBC. I don’t think I want to be selling hundreds of thousands of pounds worth on LB in this cycle.

https://genesistrading.com

https://www.b2c2.com

https://cumberland.io

https://www.circle.com/en-gb/trade

But it's really, really hard to get people to talk about their experiences with the above places. Don't get why it's so obscure.

I think LBC would still be a very good option as long as you stick with the biggest traders. I've read of others on r/bitcoinuk who sold 500 grand and more to one person in one go. It would be more sensible to break the sales up but it's likely whichever bank they go to will have kittens.


Thanks man, I’m saving this post.
That’s the next thing isn’t it, worrying about our personal banks Grin

This is one of the handful of threads where I've seen a few OTC experiences discussed.

Boy, are they hard to come by - https://old.reddit.com/r/BitcoinMarkets/comments/8ecm6h/otc_what_are_your_experiences/?sort=confidence

If you don't already you should keep an eye on here - https://old.reddit.com/r/BitcoinUK/  as cashing out experiences and bank discussion turn up fairly regularly.






How exactly are you going to do an OTC sale for an "obscene amount of fiat" without exposing yourself to extreme risks?

You go to Genesis Trading or Cumberland Mining who telephones one of their nice clients looking to buy. You deposit your coins with them. Their client pays Genesis Trading. When the money is cleared everyone gets what they want.

Plus you get a nice man or woman to hold your hand throughout who won't freeze your arse because you're nothing more than an anonymous reference number on a status page.
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December 19, 2020, 07:43:03 PM

There are an awful lot of consecutive green daily candles lately. Total of 8 to be precise.

Last time we had 8 in a row was back in June 2019.

Right. Sequences of six green daily candles are not unusual at all, seven are rare, but eight are just extraordinary.
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December 19, 2020, 07:51:06 PM
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Bitcoin gets an “exceeds expectations” as we round out 2020

$50k predicted for May 2021

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December 19, 2020, 07:57:50 PM

JJG:  thank you for the invitation to have another go at calling the top.  However having gotten it wrong once (and very happy to be wrong), I do try to avoid making the same error twice in a row.

Bitserve:  apologies my comment was not directed at you.
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December 19, 2020, 08:08:55 PM

I hope mindrust is doing alright.

I hope so too. I remember panic-selling back in 2013 or 2014 I think, during a pretty savage dip, but fortunately I quickly saw the error of my ways and bought back in soon afterwards, but not before losing about 20% of my coins.

I was new to this back then, but I also think it's something that, if you go through it, it's a harsh but necessary teaching experience. I suspect the most resilient of hodlers may have gone through a similar process, and that is why several of us advised mindrust to buy back in as soon as possible. Unfortunately I don't think he followed this advice, so he became a no-coiner. It's sad, but if a few WOers can learn from his experience, more and stronger hodlers will be born.
True. Been there, done that.
Like you I immediately realised my mistake and bought back in losing a little in the drama.
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December 19, 2020, 08:13:40 PM
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JJG:  thank you for the invitation to have another go at calling the top.  However having gotten it wrong once (and very happy to be wrong), I do try to avoid making the same error twice in a row.

Bitserve:  apologies my comment was not directed at you.

28-30k then we correct.

but cross that out as it is based on dec 31 or earlier.




If we go sideways for 20-30 days 22-24k. we will break out bigly near my jan 27 birthday 🍰 and basically 2021 will be pure platinum. Cresting up and beyond 45 k by second quarter end.


i would guess first case over second case.

I picked a good year to come back to the wo.
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December 19, 2020, 08:19:43 PM

Some guys seem to get so fucking obsessed over taxes and some of that bullshit that they fail/refuse to appreciate that they can live rich as fuck, and still pay taxes... and sometimes being overly focused on how to avoid taxes might put them into a category that the govt believes that they are evading taxes, and then being in that situation does not seem to be worth it, in my humble bumble thinking.

+1.
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December 19, 2020, 08:21:19 PM

the noon wall report

Bitcoin appears to be breaking out again with a new all time being set today. Consolidating on the hourly with a pennant showing. All ahead full.


#dyor

1h


4h

#stronghands
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