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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 26381243 times)
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January 05, 2021, 10:24:26 PM

Meanwhile: BTC closing in on another ATH!  Cool
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Wekkel
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January 05, 2021, 10:26:03 PM

Meanwhile, almost back to ATH.

We are getting bored. It must be  Grin

edit: shitcoinery

And ETH already at $1,100, on its way to its own ATH.

Y'all know what comes after Fiat -> BTC -> ETH .... -> Shitcoinery  Kiss
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January 05, 2021, 10:26:12 PM

Thanks for your input. And yours as well @Wekkel

Living in rent is always cheaper. And nobody needs to buy an apartment. But I see it as an investment that will not lose value here since its an holiday location. People making shitloads of money with AirBnB here. My plan was to cash out some BTC at 30k€ and buy even more apartments and rent them out on AirBnB. Thats an investment for life. While, I know most of us here dont want to hear it, BTC could go down to $0 tomorrow if every country in the world would put it on a blacklist. Will it happen? Probably not. But two brutal bear markets teached me something. And there will be a third one as well for me, thats sure.

I got into Bitcoin in 2013 and ever since hold my coins. Not even sold $1 of BTC. So at some point in life its time to enjoy a bit of that life. I am 39 and aint getting younger. I mean I could wait another 5-10 years and yes BTC might be at $1.000.0000 then. But then again, I could wait another 10 years and BTC could be at $2.000.000. It never ends. I could drive a Ferrari with 70. But will I enjoy it as much as with 39? Probably not.

You are right, I could invest and wait couple months. But I put all money I ever had into Bitcoin since 2013, besides that $70k on the bank. I never diversified. And what if I invest and we drop down to 4 digits for another 2-3 years? I know I know will probably not happen. But that MtGox and the 2017 crash still sits very deep.

Edit: I agree with your sentiment. I also dont buy BTC to make Fiat. If I cash out BTC, I would asap invest it into something else.

If you have survived 2 full BTC cycles you should have learned when the real fun starts... and if you are seeking advice here it means you're not sure if buying that apartment is the right thing to do in this situation... and if you aren't sure you don't need it trust me... so stop your weak hands whining and HODL private!!!  Cool

The fun should start in about 8-12 months. But thats just a small amount of BTC I sell now. Its not that I ask for advice if I should buy the apartment. I ask for advice if I should hold another 3-4 days, wich could mean a nice LG OLED TV or worst case $2-4k less. You see, I waited an hour now and its already $500 more  Tongue And I cant decide if we might see 40k until Monday or maybe 28k on Monday.

Thanks for your input. And yours as well @Wekkel

Living in rent is always cheaper. And nobody needs to buy an apartment. But I see it as an investment that will not lose value here since its an holiday location. People making shitloads of money with AirBnB here. My plan was to cash out some BTC at 30k€ and buy even more apartments and rent them out on AirBnB. Thats an investment for life. While, I know most of us here dont want to hear it, BTC could go down to $0 tomorrow if every country in the world would put it on a blacklist. Will it happen? Probably not. But two brutal bear markets teached me something. And there will be a third one as well for me, thats sure.

I got into Bitcoin in 2013 and ever since hold my coins. Not even sold $1 of BTC. So at some point in life its time to enjoy a bit of that life. I am 39 and aint getting younger. I mean I could wait another 5-10 years and yes BTC might be at $1.000.0000 then. But then again, I could wait another 10 years and BTC could be at $2.000.000. It never ends. I could drive a Ferrari with 70. But will I enjoy it as much as with 39? Probably not.

You are right, I could invest and wait couple months. But I put all money I ever had into Bitcoin since 2013, besides that $70k on the bank. I never diversified. And what if I invest and we drop down to 4 digits for another 2-3 years? I know I know will probably not happen. But that MtGox and the 2017 crash still sits very deep.

Edit: I agree with your sentiment. I also dont buy BTC to make Fiat. If I cash out BTC, I would asap invest it into something else.

Knowing that background now, and the additional details, i'd say: Stick to your plan.
Leave some of your stash on your cold storage and offer me a discount if i want to take a break at your future apartment  Grin

EDIT: And in respect to serveria's reply: If you had that plan, why do you even question it? Afraid to lose again? I'd say you can live off the Airbnb and let the rest of the Stash grow in value. Not the worst decision, in my eyes.

Hahah dont worry, I´ll give you a nice discount. But only accept BTC as payment Tongue
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January 05, 2021, 10:26:21 PM
Merited by JayJuanGee (1)

While, I know most of us here dont want to hear it, BTC could go down to $0 tomorrow if every country in the world would put it on a blacklist.

But two brutal bear markets teached me something. And there will be a third one as well for me, thats sure.

And what if I invest and we drop down to 4 digits for another 2-3 years?

But that MtGox and the 2017 crash still sits very deep.

I've read this before: mindrust!  Grin

True, but at the very bottom of this cycle.   Tongue
I like JJG's approach: Take your profit when going up, if you need to and stick to your plan, only make little adjustments at a time.
Would fit here, don't you think?
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January 05, 2021, 10:30:29 PM

Thanks for your input. And yours as well @Wekkel

Living in rent is always cheaper. And nobody needs to buy an apartment. But I see it as an investment that will not lose value here since its an holiday location. People making shitloads of money with AirBnB here. My plan was to cash out some BTC at 30k€ and buy even more apartments and rent them out on AirBnB. Thats an investment for life. While, I know most of us here dont want to hear it, BTC could go down to $0 tomorrow if every country in the world would put it on a blacklist. Will it happen? Probably not. But two brutal bear markets teached me something. And there will be a third one as well for me, thats sure.

I got into Bitcoin in 2013 and ever since hold my coins. Not even sold $1 of BTC. So at some point in life its time to enjoy a bit of that life. I am 39 and aint getting younger. I mean I could wait another 5-10 years and yes BTC might be at $1.000.0000 then. But then again, I could wait another 10 years and BTC could be at $2.000.000. It never ends. I could drive a Ferrari with 70. But will I enjoy it as much as with 39? Probably not.

You are right, I could invest and wait couple months. But I put all money I ever had into Bitcoin since 2013, besides that $70k on the bank. I never diversified. And what if I invest and we drop down to 4 digits for another 2-3 years? I know I know will probably not happen. But that MtGox and the 2017 crash still sits very deep.

Edit: I agree with your sentiment. I also dont buy BTC to make Fiat. If I cash out BTC, I would asap invest it into something else.

If you have survived 2 full BTC cycles you should have learned when the real fun starts... and if you are seeking advice here it means you're not sure if buying that apartment is the right thing to do in this situation... and if you aren't sure you don't need it trust me... so stop your weak hands whining and HODL private!!!  Cool

The fun should start in about 8-12 months. But thats just a small amount of BTC I sell now. Its not that I ask for advice if I should buy the apartment. I ask for advice if I should hold another 3-4 days, wich could mean a nice LG OLED TV or worst case $2-4k less. You see, I waited an hour now and its already $500 more  Tongue And I cant decide if we might see 40k until Monday or maybe 28k on Monday.

Thanks for your input. And yours as well @Wekkel

Living in rent is always cheaper. And nobody needs to buy an apartment. But I see it as an investment that will not lose value here since its an holiday location. People making shitloads of money with AirBnB here. My plan was to cash out some BTC at 30k€ and buy even more apartments and rent them out on AirBnB. Thats an investment for life. While, I know most of us here dont want to hear it, BTC could go down to $0 tomorrow if every country in the world would put it on a blacklist. Will it happen? Probably not. But two brutal bear markets teached me something. And there will be a third one as well for me, thats sure.

I got into Bitcoin in 2013 and ever since hold my coins. Not even sold $1 of BTC. So at some point in life its time to enjoy a bit of that life. I am 39 and aint getting younger. I mean I could wait another 5-10 years and yes BTC might be at $1.000.0000 then. But then again, I could wait another 10 years and BTC could be at $2.000.000. It never ends. I could drive a Ferrari with 70. But will I enjoy it as much as with 39? Probably not.

You are right, I could invest and wait couple months. But I put all money I ever had into Bitcoin since 2013, besides that $70k on the bank. I never diversified. And what if I invest and we drop down to 4 digits for another 2-3 years? I know I know will probably not happen. But that MtGox and the 2017 crash still sits very deep.

Edit: I agree with your sentiment. I also dont buy BTC to make Fiat. If I cash out BTC, I would asap invest it into something else.

Knowing that background now, and the additional details, i'd say: Stick to your plan.
Leave some of your stash on your cold storage and offer me a discount if i want to take a break at your future apartment  Grin

EDIT: And in respect to serveria's reply: If you had that plan, why do you even question it? Afraid to lose again? I'd say you can live off the Airbnb and let the rest of the Stash grow in value. Not the worst decision, in my eyes.

Hahah dont worry, I´ll give you a nice discount. But only accept BTC as payment Tongue

Word  Smiley
So your plan was to sell at $30k and you already have that OLED TV included?
What does your gut feeling tell you? In my case, it was right most of the time. When i decided to wait... my trades went bad most times.
But that's only my experience. I'm born to hodl, as it seems  Cheesy

While, I know most of us here dont want to hear it, BTC could go down to $0 tomorrow if every country in the world would put it on a blacklist.

But two brutal bear markets teached me something. And there will be a third one as well for me, thats sure.

And what if I invest and we drop down to 4 digits for another 2-3 years?

But that MtGox and the 2017 crash still sits very deep.

I've read this before: mindrust!  Grin

True, but at the very bottom of this cycle.   Tongue
I like JJG's approach: Take your profit when going up, if you need to and stick to your plan, only make little adjustments at a time.
Would fit here, don't you think?
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January 05, 2021, 10:33:28 PM

Easy.

Secure. Your. Fiat.

Don't mince about selling the BTC needed to buy that apartment. Too much risk / large transaction to gamble on.


N00bs should think about getting interest on some of their coin. And pay the loan for the apartment with the interest from the coin. And they don't need to sell their coin. Smiley  Roll Eyes


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January 05, 2021, 10:38:46 PM

$35k incoming and I suspect it will be closely followed by $36k
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January 05, 2021, 10:40:18 PM

Here we go
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January 05, 2021, 10:41:08 PM


Word  Smiley
So your plan was to sell at $30k and you already have that OLED TV included?
What does your gut feeling tell you? In my case, it was right most of the time. When i decided to wait... my trades went bad most times.
But that's only my experience. I'm born to hodl, as it seems  Cheesy

No, about 2 weeks ago I thought about to sell 10% of my coins at 30.000€. But after we are this high in price, I changed my mind. As for the small amount I want to sell now, I did not set a price point. But every $$$ more is cash I can invest into interior fittings Smiley $39.9k would be amazing. But at 36-37k I could pull the trigger as well. If we go with this speed, we might see 36k in 1-2 days.

Easy.

Secure. Your. Fiat.

Don't mince about selling the BTC needed to buy that apartment. Too much risk / large transaction to gamble on.


N00bs should think about getting interest on some of their coin. And pay the loan for the apartment with the interest from the coin. And they don't need to sell their coin. Smiley  Roll Eyes




Believe me or not, I asked if I can pay in Bitcoin. They looked at me like "WTF is this guy talking about". In 2 years they will accept it Wink
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January 05, 2021, 10:42:21 PM

Easy.

Secure. Your. Fiat.

Don't mince about selling the BTC needed to buy that apartment. Too much risk / large transaction to gamble on.


N00bs should think about getting interest on some of their coin. And pay the loan for the apartment with the interest from the coin. And they don't need to sell their coin. Smiley  Roll Eyes




Great solution btw: why selling now if you can apply for a mortgage and buy it with dirty fiat! +10 WO merits from me (I out of merits unfortunately)!

BTW: While we were chatting here king daddy is up some % and underdog guy earned his big screen TV...  Grin
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January 05, 2021, 10:45:33 PM

Easy.

Secure. Your. Fiat.

Don't mince about selling the BTC needed to buy that apartment. Too much risk / large transaction to gamble on.


N00bs should think about getting interest on some of their coin. And pay the loan for the apartment with the interest from the coin. And they don't need to sell their coin. Smiley  Roll Eyes





Great - so point me to a reputable place I can do that?


'Cause to now, I sure haven't been able to find one.
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January 05, 2021, 10:47:43 PM

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January 05, 2021, 10:52:47 PM
Last edit: January 05, 2021, 11:12:12 PM by OutOfMemory



Last spam pic for today. I decided on this one to show how much color can be incorporated, the filter i used here was Tiffen Red #25, which cuts off everything below 695nm wavelength, iirc. Maybe 680-ish, thus letting some visible light pass along with the infrared.

One might ask: Why isn't there any Red in the photo?
It's because the red and blue color channels are inverted to better match the remaining colors to real life conditions. In the original pic from the cam, the sky is red, the foliage is light-green. The higher the wavelength, the more flat the colors appear, from that chrome look at 720nm and 750nm (the most popular ones), to that soft B&W near the borders of sensor spectrum capturing ability. There's also infrared 35mm film, which is B&W only.

EDIT: I wish i could shoot things like this from a drone. I'd need a drone that is capable of easily carrying about two pounds of payload and i would have to pre-adjust focus and other camera settings, shooting images blindly, like trial&error. Maybe i'll pick that up in the future, idk. This would set me back some more $k and make it even more time intensive, but it would also be unique (and so would it make me worry a bit more about OpSec again, i think).

EDIT2: Posting this pic here, along with my thoughts about drone photography, made me think more about it. If i note the positioning of the drone, while checking out views using the onboard cam, i could match zoom/focal length and vertical angle to the IR cam when on the ground again, which would save me from too many unwanted results of the blind shootings. Just send the drone back to the snapshot position and trigger the IR cam. This would work in my favor. Damn, i think i have to reconsider this project. Images may be well worth the resources i'd have to use.

I should also stay with my choice of weed strain for the next weeks but maybe vape a little less of it  Grin
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January 05, 2021, 10:53:17 PM

Ludicrous Speed: GO!
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January 05, 2021, 11:01:20 PM

@JJG you are a man of many words, I'll drink to that.



This is gentlemen.
Make sure you don't pull a Russ Hanneman with that bottle and delete all your coins  Grin .
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January 05, 2021, 11:07:06 PM
Merited by OutOfMemory (1)

Find some peace in these stressful pandemic times in beautiful nature....





and see the beauty before you.

Don't just see "Trees"

Each is an individual as individual as any of us, shaped by the world.

I sometimes just stand and gaze



Some see the trees. Others see the forest. Yet others see the lake.

And then some simply see the beauty of the whole.

  I see the Deer flies and they see me.

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January 05, 2021, 11:09:05 PM

Hey, let's play a game. I'm willing to give away 0.01 btc. Anyone has any suggestion for a fun game?
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January 05, 2021, 11:16:11 PM

Whoever is the first to marry you?
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January 05, 2021, 11:17:56 PM

Whoever is the first to marry you?
I'm married already I'm afraid
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January 05, 2021, 11:18:35 PM

Hey, let's play a game. I'm willing to give away 0.01 btc. Anyone has any suggestion for a fun game?

Predict the word count of JJG's 22.000th post?
Closest match wins. Quoted content does not count.
IF JJG IS OK WITH THAT, because he would of course have to be excluded from the contestants.

EDIT: A "word" must be well defined, like if every syllable, if not a "real word" counts too, and so on.
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