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

[xhomerx10]

Just got a text from a good friend who I tried to get into Bitcoin by placing a 0.5 BTC paper wallet into his hands a while back.  His weak, baby-like hands sold at ~ USD $1100.  I tried to talk him into buying at around $2k to no avail.  We discussed again @ ~10k when he thought it was too late - I disagreed.

 his text:

 "And I thought you were nuts with your $100k prediction.  Now, not so much... "

 I texted him I have revised it to $260k

 "Holy crapola"

[AlcoHoDL]

Just got a text from a good friend who I tried to get into Bitcoin by placing a 0.5 BTC paper wallet into his hands a while back.  His weak, baby-like hands sold at ~ USD $1100.  I tried to talk him into buying at around $2k to no avail.  We discussed again @ ~10k when he thought it was too late - I disagreed.

 his text:

 "And I thought you were nuts with your $100k prediction.  Now, not so much... "

 I texted him I have revised it to $260k

 "Holy crapola"

They all go nuts. Some turn into Bitcoin haters. None reinvest. I guess it's just the nature of the beast. One has to have the correct brain wiring to understand and embrace it.

[heslo]

Just got a text from a good friend who I tried to get into Bitcoin by placing a 0.5 BTC paper wallet into his hands a while back.  His weak, baby-like hands sold at ~ USD $1100.  I tried to talk him into buying at around $2k to no avail.  We discussed again @ ~10k when he thought it was too late - I disagreed.

 his text:

 "And I thought you were nuts with your $100k prediction.  Now, not so much... "

 I texted him I have revised it to $260k

 "Holy crapola"

Some people just don't get it

[BobLawblaw]

I texted him I have revised it to $260k

I hmm'd and haww'd on that recent BTC sale, to provide liquidity to start building immediately; I don't want to tap my existing accounts if I can avoid it, so I don't feel bad parting with low 2 digits of corn.

Maybe I'm thinking about it all wrong. Maybe I should drain the traditional fiat accounts, as it seems that selling corn, near term, beyond what I have already sodl'd, may not make sense, given the appreciation vs my traditional investment accounts.

Something for me to think about this weekend...

Nice problems to consider.

[AlcoHoDL]

I texted him I have revised it to $260k

I hmm'd and haww'd on that recent BTC sale, to provide liquidity to start building immediately; I don't want to tap my existing accounts if I can avoid it, so I don't feel bad parting with low 2 digits of corn.

Maybe I'm thinking about it all wrong. Maybe I should drain the traditional fiat accounts, as it seems that selling corn, near term, beyond what I have already sodl'd, may not make sense, given the appreciation vs my traditional investment accounts.

Something for me to think about this weekend...

Nice problems to consider.

Wise words.

[xhomerx10]

I texted him I have revised it to $260k

I hmm'd and haww'd on that recent BTC sale, to provide liquidity to start building immediately; I don't want to tap my existing accounts if I can avoid it, so I don't feel bad parting with low 2 digits of corn.

Maybe I'm thinking about it all wrong. Maybe I should drain the traditional fiat accounts, as it seems that selling corn, near term, beyond what I have already sodl'd, may not make sense, given the appreciation vs my traditional investment accounts.

Something for me to think about this weekend...

Nice problems to consider.

 If you plan on leaving some around for generational wealth, I don't think it's a problem selling a couple (digits) now.  It was still an awesome return on your initial investment and that's the understatement of the century.
I cashed out enough just before New Year to get rid of my fiat obligations and reduce my monthly payments to necessities of life (food, water, power, gas and internet... oh and property taxes... shit and insurance).  I'm ready for the next stage of life now - retirement   I'm finding it hard to let go however.  I guess I have diamonds hands for everything.

[Biodom]

I can see gold becoming a useful cheap metal for making 100-200 year long batteries for Tesla's electric cars.

ford is going electric for a reason.  they all know those asteroids are loaded with insane amounts of gold.

Gold makes super long lasting batteries if it were to be worth 100 x less or 17 a pound vs 1700 a pound  we would have multi generational batteries.

Sell your gold and buy btc

Ford is switching to all electric 2030 for a reason they know Elon will be mining those asteroids bigly.

We are heading into a new world of cheap long lasting power.

BTC is the tool that will allow it to happen.

hodl hodl hodl.

500k before 2030

 We wont be driving cars in 100 years; we'll be teleporting... to Mars.
 

WE is a tad optimistic (although I wouldn't mind, really).

[Gyrsur]

https://translate.google.com/translate?sl=de&tl=en&u=https://www.n-tv.de/der_tag/Erschaffer-des-Wall-Street-Bullen-gestorben-article22375887.html

[Biodom]

This is not yet another cycle, this is the End of Cycles

The one where after BTC flippens gold it doesn't flip back

The one where web3 supercedes web2

Where culture is collected and accrued digitally instead of physically

Where life is lived mindfully rather than mindlessly

https://twitter.com/zhusu/status/1363035740507017216

--------

At first it sounded bearish to me, until I unerstood what is meant. Since its creation Bitcoin went through several severe bear periods between the halvings. But what if the mass adoption has increased so much  that no such bear periods of 80%+ crashes from tha last ATH are possible? We see the first sign for that - unlike any other period of 12 months, there was only one 30% correction and two 20% corrections. What if this is a sign that such long periods of lack of interest from the big investors  are no longer possible? The implications on any sell strategy involving considerations of the previous cycles will be hugely negative. I mean if someone is selling with the hope of buying 80% cheaper, this may turn to be a total disaster with some 30-40% dips occurring here and there. Not only that, but this will make any unnecessary major sell from our stash to be a big mistake. This tweet predicts more than a supercycle, rather an infitite bull market. Well, this may look unrealistic now, but certainly the probability for that is not 0 as some may think based on previous experience. And sometimes the past experience may be misleading.

We'll just have to see what the top would be. If 100K, 80% down is a bit crazy.
I can see it happening fromm $300 with a 50% probability and with 65-70% probability from $500K.
The canonical numbers would be $300K, then $60K, but I agree that we MIGHT not dip 80% even from there, unless short term interest rates will go above 7-8%.

[xhomerx10]

I can see gold becoming a useful cheap metal for making 100-200 year long batteries for Tesla's electric cars.

ford is going electric for a reason.  they all know those asteroids are loaded with insane amounts of gold.

Gold makes super long lasting batteries if it were to be worth 100 x less or 17 a pound vs 1700 a pound  we would have multi generational batteries.

Sell your gold and buy btc

Ford is switching to all electric 2030 for a reason they know Elon will be mining those asteroids bigly.

We are heading into a new world of cheap long lasting power.

BTC is the tool that will allow it to happen.

hodl hodl hodl.

500k before 2030

 We wont be driving cars in 100 years; we'll be teleporting... to Mars.
 

WE is a tad optimistic (although I wouldn't mind, really).

 We will be able to afford the latest in life-extension technology.

 Yes JJG, I've used the royal 'WE'

[BobLawblaw]

I'm finding it hard to let go however.

It took me almost a year to become fully comfortable with being retired. Even now, I'm still figuring out how to chill out further.

Retirement is the healthiest thing I've ever done for myself.

Goddamn the world is toxic.

Tangental: I recognized that we're not buying horses for our ranch. Was different back in Montana (well, we didn't own the ranch). Almost a necessity given the terrain. On the ranch we're building, we'll be able to make do with an AWD vehicle for navigation. Probably won't be at the ranch often enough to properly care for horses, anyway. They are absolutely beautiful creatures, and couldn't bare to think about them languishing in stables for days.

I miss horses.

[xhomerx10]

https://translate.google.com/translate?sl=de&tl=en&u=https://www.n-tv.de/der_tag/Erschaffer-des-Wall-Street-Bullen-gestorben-article22375887.html

 That's sad news.  Maybe Elon can figure out a way to take that work of art to Mars.

 edit: I was referring to the bull.
 edit2: The bronze one!

[Hueristic]

Just got a text from a good friend who I tried to get into Bitcoin by placing a 0.5 BTC paper wallet into his hands a while back.  His weak, baby-like hands sold at ~ USD $1100.  I tried to talk him into buying at around $2k to no avail.  We discussed again @ ~10k when he thought it was too late - I disagreed.

 his text:

 "And I thought you were nuts with your $100k prediction.  Now, not so much... "

 I texted him I have revised it to $260k

 "Holy crapola"

Better than responding HFSP.

[Gyrsur]

Just got a text from a good friend who I tried to get into Bitcoin by placing a 0.5 BTC paper wallet into his hands a while back.  His weak, baby-like hands sold at ~ USD $1100.  I tried to talk him into buying at around $2k to no avail.  We discussed again @ ~10k when he thought it was too late - I disagreed.

 his text:

 "And I thought you were nuts with your $100k prediction.  Now, not so much... "

 I texted him I have revised it to $260k

 "Holy crapola"

Better than responding HFSP.

which would better than HFSSP (Have Fun Still Stay Poor).  

EDIT: or more terrible: HFSPA (Have Fun Stay Poor Again). 

[philipma1957]

I can see gold becoming a useful cheap metal for making 100-200 year long batteries for Tesla's electric cars.

ford is going electric for a reason.  they all know those asteroids are loaded with insane amounts of gold.

Gold makes super long lasting batteries if it were to be worth 100 x less or 17 a pound vs 1700 a pound  we would have multi generational batteries.

Sell your gold and buy btc

Ford is switching to all electric 2030 for a reason they know Elon will be mining those asteroids bigly.

We are heading into a new world of cheap long lasting power.

BTC is the tool that will allow it to happen.

hodl hodl hodl.

500k before 2030

 We wont be driving cars in 100 years; we'll be teleporting... to Mars.
 

WE is a tad optimistic (although I wouldn't mind, really).

why not it is a spec thread.

[Gyrsur]

who destroyed the poll with forbidden input?

[heslo]

I texted him I have revised it to $260k

I hmm'd and haww'd on that recent BTC sale, to provide liquidity to start building immediately; I don't want to tap my existing accounts if I can avoid it, so I don't feel bad parting with low 2 digits of corn.

Maybe I'm thinking about it all wrong. Maybe I should drain the traditional fiat accounts, as it seems that selling corn, near term, beyond what I have already sodl'd, may not make sense, given the appreciation vs my traditional investment accounts.

Something for me to think about this weekend...

Nice problems to consider.

No matter what you do, you're gonna be fine either way man. Don't stress the details, you put in the hard work, accumulated when you needed to and held all the way through. Reward yourself and enjoy the fruits of your labor

[friends1980]

That's it. I'm spoiled.

Can't stand this stagnation, this lack of movement. Even the ants abandoned us?

I WANT NEED $58k now! 

Damn here's the ants. I prefer stagnation after all.

[Biodom]

I can see gold becoming a useful cheap metal for making 100-200 year long batteries for Tesla's electric cars.

ford is going electric for a reason.  they all know those asteroids are loaded with insane amounts of gold.

Gold makes super long lasting batteries if it were to be worth 100 x less or 17 a pound vs 1700 a pound  we would have multi generational batteries.

Sell your gold and buy btc

Ford is switching to all electric 2030 for a reason they know Elon will be mining those asteroids bigly.

We are heading into a new world of cheap long lasting power.

BTC is the tool that will allow it to happen.

hodl hodl hodl.

500k before 2030

 We wont be driving cars in 100 years; we'll be teleporting... to Mars.
 

WE is a tad optimistic (although I wouldn't mind, really).

why not it is a spec thread.

I wouldn't mind laser eyes upgrade as well.

[gallianooo]

DROP.