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

[OutOfMemory]

Any advice on how to stop Smoking Cigarettes?  

I did it like this:
https://www.amazon.com/Allen-Carrs-Easy-Stop-Smoking/dp/1405923318

Immediately stopped without problem.

This is Level 1, though.
Then you have to know how to keep yourself from ever touching tobacco again, acknowledge that it is a deep addiction, and look at what you don't ever want to throw away: Your newly won freedom and feeling of life.

This is Level 2, then.

Level 3 is being able to smoke some once in a while, while KNOWING that it is useless and that you do it because of the addiction and because you think you are stronger than the addiction, while being free to say no to smoking in between (months, years).

Level 2 and 3 are the ones that are harder to reach without falling back to be a smoker.

And as of Level 3: I was feeling like a damn idiot after these five or possibly up to ten occasions when i choosed to smoke. When you know how ugly you feel about yourself after smoking again, it's MUCH easier to stay away for a longer while, i mean years.
I had my last cigarette about four years ago, while i was smoking a spliff last time on new year's eve 2018 or 2019 (maybe both times?). Quit regular smoking three times, last time about 11 years ago.

Just read the book. It's no promise you will stop, but you'll learn a lot about nicotine and yourself.
Good luck and enjoy  


EDIT: From the movie "Sin City" (Based on Frank Miller's classic):

Nobody ever really quits. A smoker’s a smoker when the chips are down. And your chips are down.

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[lightfoot]

COIN will close the day at 250$  

Fuck fuck fuck Wall Street. So fucking corrupt.

I just did the math. Had the public been able to invest directly in Coinbase stock pre-IPO back in 2013 at $0.20/share like the exclusive angel investors, they'd all be up 1250X their investment. Likely much better off than just putting that money into Bitcoin in late 2013.

(Although I'm not saying not to buy Bitcoin, that's a no-brainer to own the underlying asset directly).

This is why the 1% gets filthy rich on stonks, while the general public gets shut out of the game.

Well, sure, but so many people bidding at that time would have driven up the price per share. You can't rewind the past and just change one thread, don't worry about it :-)

[lightfoot]

Any advice on how to stop Smoking Cigarettes? 

I gave up pipes and cigars a long time ago. Part of it was switching to a different stim drug (coffee, now meth), the other part was restricting when and where I could light up. Now it's down to craps tables and bars in Vegas. And yes, it's still nice.

The other oddity is to find something to do with your hands and mouth. I still chew on pens, and hold them just like cigarettes....

[cAPSLOCK]

Saylor believes the 4 year cycles are over. In any case, their company is hodling for a minimum of 5 years.

Saylor can go fuck his lil selfie..


hahahahaha
 

I understand if you don't like him, for his style, or perhaps for acquiring so much Bitcoin.  But he has arguably done more to help the Bitcoin economy than most of us here by a long shot and in under a year.  The conference he hosted alone may have accelerated our chances of hyper-bitcoinization by quite a bit.

Or perhaps you take issue with his assertion that we might not see the typical 80% pullback this time?

He is not the only one saying that.  Dan Held believes it, and Preston Pysh has articulated it beautifully.  I like the latter's track record of selling the top of the last cycle, and saying recently that he has no plans to try that this time because he believes he is more likely to sell when he thinks it's a top, when it's just a little correction.  He thinks there is a large chance we see the boom/bust thing begin to fade during THIS cycle.

No one knows... but I also am placing my bets on less of a pullback this time as well.  Which is fairly meaningless, since I do not trade. And if I am wrong?  Well I am wrong, and I still have all my Bitcoin.

But I think Saylor will go down in history along side Lazlo as one of the people who put faith in what Bitcoin was at the exact time the market needed that sort of hero.  He is certainly a "convert" with spirals in his eyes... but who are we to criticize that?

Course.. you sort of criticize everyone and everything.  ¯\_(ツ)_/¯

[JimboToronto]

Any advice on how to stop Smoking Cigarettes? 

Don't light the next one.

That's more or less how I quit. I realized quitting isn't an action, smoking is.

To smoke you have to acquire a cigarette and a source of fire. Then you have to ignite the lighter or match. Then you have to light the cigarette. Then you have to inhale the smoke. Those are all actions you have to take to smoke a cigarette.

To "quit", just do nothing.

In other words:

Every time you put out a cigarette, you've already quit. Just don't start again. It's that easy.

[d_eddie]

Easy to make btc in a bear market, hard when it turns bullish, as it did in 2013.

Easy bear market -
Drink vitriol, short the corn
hybris gets punished.
#haiku

Hybris = hubris?  Is that what you mean, d_eddie?  or did I miss something?

I looked up hybris and I got hybris meaning the same as hubris in ancient Greece.. even though we are not ancient greeks here, are we?  Or you, d_eddie, are trying to lurn us some things?

I just happened to think the ancient Y gives a more menacing feeling to the last line. Yes, hybris = hubris. Some Greek y's became u's, some stayed y. But I dun wanna lurn nobody nuttin!

[lightfoot]

Weird stuff is going on. Yes BTC is kind of putt putting but my kid is going on about his DOGE mining (I've reactivated a few Titans, and they are fucking PROFITABLE? ON DOGE?? IT'S THE GOD OF SHITCOINS!!!!!)

So what's up? People just nuts? I'm not seeing relative movement on LTC, it's still pegged at .004 to a BTC instead of the .012-.018 before the 2019 implosions.

[bkbirge]

I'm all for coinbase doing the IPO and being the "first crypto company to get on nasdaq" BUT the only question I have is.. If you sit on money to invest, why would you buy coinbase stock vs buying btc? Enlighten me someone?

You cannot buy bitcoin in your typical tax-advantageous accounts (in US), such as IRA and Roth IRA.
Theoretically, you can if you open something called self-directed IRA, but it is a hassle and they have yearly fees, typically.
You can buy GBTC and COIN there, though.
A simple explanation. Most US people have a bulk of their investable money in those entities (IRA and Roth IRA).

Gotcha, so it's for tax purposes more or less? How does it work if you buy BTC direct, no tax cuts or otherwise?

yes and plus, as i mentioned, you are not allowed to trade btc in most IRAs, but you can trade stocks (like GBTC and COIN).
BTW, it looks like that WS wants to play COIN the same way they played FB (push it down first).
They probably think that this drop might entice more employees to sell.
Right now those employees are probably on pins and needles since they could have sold it in pre-IPO sales for $470 and now the price is $100 lower.
$580 on FTX looks like a joke (for now).

The self directed IRA is well worth going through the hoops to setup. Thanks to WO I learned of the possibility over a year ago and decided to do it. Best decision I've ever made. Yes there are yearly fees but so what. It's worth it to take control of your retirement account. Don't sleep on this especially if you have a decent chunk sitting in a regular 401k or IRA not doing much.

[Elwar]

Weird stuff is going on. Yes BTC is kind of putt putting but my kid is going on about his DOGE mining (I've reactivated a few Titans, and they are fucking PROFITABLE? ON DOGE?? IT'S THE GOD OF SHITCOINS!!!!!)

So what's up? People just nuts? I'm not seeing relative movement on LTC, it's still pegged at .004 to a BTC instead of the .012-.018 before the 2019 implosions.

All Doge stuff is due to Elon Musk.

I sort of feel bad that when the Robinhood thing happened I told my family to get their money off of there. My sister had bought some Doge for some random reason. She was like "at least I made some money on that Doge thing, I bought it at 2 cents, now its worth 3 cents".

[philipma1957]

Weird stuff is going on. Yes BTC is kind of putt putting but my kid is going on about his DOGE mining (I've reactivated a few Titans, and they are fucking PROFITABLE? ON DOGE?? IT'S THE GOD OF SHITCOINS!!!!!)

So what's up? People just nuts? I'm not seeing relative movement on LTC, it's still pegged at .004 to a BTC instead of the .012-.018 before the 2019 implosions.

I have around 20 l3+ miners and they merge mine ltc/doge

I sell the ltc for fiat and btc.

I hodl the doge and level up my sales.

2000 at 4 cents
2000 at 5 cents
2000 at 6 cents.
2000 at 7 cents
2000 at 8 cents
2000 at 9 cents
2000 at 10 cents
2000 at 11 cents
2000 at 12 cents
2000 at 13 cents
2000 at 14 cents

every one above is gone sold.

So i still have
1000 at 15 cents
1000 at 16 cents
1000 at 17 cents
1000 at 18 cents
1000 at 19 cents
  500 at 20 cents
  500 at 21 cents
  500 at 22 cents
  500 at 23 cents
  500 at 24 cents


while all of the above was listed and sold or is still listed.

I am stacking about 5 ltc and 10000 doge a month mining.

when every thing sells out or when I stack 20000 doge with the current mining I will stack again.

My partner hodl all his doge and is pushing 700,000 doge on hodl

[Elwar]

Lessons from my past shitcoin purchases:

Converting from Bitcoin to ETH:
If I had kept my ETH in BTC the value of my coins would be higher.

Converting ETH to DeFi shitcoins:
If I had kept my DeFi shitcoins in ETH the value of my coins would be higher.

So:

BTC > ETH > DeFi shitcoins

[d_eddie]

Saylor believes the 4 year cycles are over. In any case, their company is hodling for a minimum of 5 years.

I think he is wrong, that would mean that the halving and subsequent boom would never again be followed by a bust. No way, it's way to early for that.

I don't think he's completely correct either. So it could be there might be a bear winter thing, but maybe not 80% to 90% corrections. If you are prepared for that, and we get a smaller one, then you should be fine.

And the next halving is a puny thing, taking just a little over 3 btc per block. So maybe not completely correct, but this halving will be disappointing IMO. What will not be disappointing is what happens between now and said halving. I think we're going to see things we've never seen before.

[Searing]

Weird stuff is going on. Yes BTC is kind of putt putting but my kid is going on about his DOGE mining (I've reactivated a few Titans, and they are fucking PROFITABLE? ON DOGE?? IT'S THE GOD OF SHITCOINS!!!!!)

So what's up? People just nuts? I'm not seeing relative movement on LTC, it's still pegged at .004 to a BTC instead of the .012-.018 before the 2019 implosions.

have a buddy with 4 million dodge...he finally dumped 1/4...so he is ahead of the game and debt free off dodge....

i am a bit concerned with stockmarket/dodge/btc/everything pumping....bet everything 'adjusts' or 'corrects' about 15-20%

I assume that same will happen with crypto / btc due to 24/7 in/out of assets ....but also assume it will rebound ....where not so sure about stock market /etc

and/or dodge for that matter...

somehow with some dodge folk (imho) if they dumped at least 'some' ......this is a golden ray of sunshine

brad

[JayJuanGee]

Time for some FOMO to kick in?

With these images, are you trying to suggest that BTC is grandpa coin?   Your little diggs on bitcoin and your ongoing disgruntledness remains somewhat subliminal, no?

We have had 48k micros, 56k modems and you didn't get that these are 64k micros?

Ok.  I apologize for jumping the gun, reading evil intentions into your actions and presuming that I was being brain washed, when I wasn't.

 

[coinfusion]

Time for some FOMO to kick in?

With these images, are you trying to suggest that BTC is grandpa coin?   Your little diggs on bitcoin and your ongoing disgruntledness remains somewhat subliminal, no?

We have had 48k micros, 56k modems and you didn't get that these are 64k micros?

Ok.  I apologize for jumping the gun, reading evil intentions into your actions and presuming that I was being brain washed, when I wasn't.

 

Eagerly looking forward to posting pictures of The Commodore 128 !

[Poker Player]

Any advice on how to stop Smoking Cigarettes? 

I have quit smoking 3 times with the same system. And I mean quitting smoking and going about 5-7 years without smoking, then for some reason going back to smoking 6-12 months and again I quit.

The system is the same as a doctor would use if he had prescribed you an addictive drug when it comes to withdrawing it: gradual reduction of the doses. It is also useful to stop or reduce coffee consumption: if you drink 5 coffees a day and you want to quit, if you do it all at once you will get a terrible headache, extreme lack of energy, etc. If you reduce 1 coffee every 5 days, you will not even notice it.

In the case of nicotine, the gradual reduction is difficult to do with cigarettes, because they are more addictive as nicotine rises quickly in the brain. That is why it is better to use chewing gum, but to use chewing gum you have to use the initial dose that leaves you as satiated as cigarettes. Let's say you smoke a pack of cigarettes a day. Then, 10-12 nicotine gums should be enough to feel satiated. If you start with 12, go down by 1 gum each week. When you go for about 3 gum a day, you will be able to quit at once because the nicotine dependence will be so low that you won't even notice it.

[Phil_S]

Just some fun with charts

[AlcoHoDL]

Time for some FOMO to kick in?

With these images, are you trying to suggest that BTC is grandpa coin?   Your little diggs on bitcoin and your ongoing disgruntledness remains somewhat subliminal, no?

We have had 48k micros, 56k modems and you didn't get that these are 64k micros?

Ok.  I apologize for jumping the gun, reading evil intentions into your actions and presuming that I was being brain washed, when I wasn't.

 

I like the retro 'puter h/w theme.

This should be the next one:



It's a power-of-2 thing. It's cool, it's nerdy, it's exponential, and it will change everything.

[shahzadafzal]

Lessons from my past shitcoin purchases:

Converting from Bitcoin to ETH:
If I had kept my ETH in BTC the value of my coins would be higher.

Converting ETH to DeFi shitcoins:
If I had kept my DeFi shitcoins in ETH the value of my coins would be higher.

So:

BTC > ETH > DeFi shitcoins

“It requires wisdom to understand wisdom; the music is nothing if the audience is deaf.”
- Walter Lippmann

BTC > ETH > DeFi shitcoins

[OutOfMemory]

Any advice on how to stop Smoking Cigarettes? 

I have quit smoking 3 times with the same system. And I mean quitting smoking and going about 5-7 years without smoking, then for some reason going back to smoking 6-12 months and again I quit.

The system is the same as a doctor would use if he had prescribed you an addictive drug when it comes to withdrawing it: gradual reduction of the doses. It is also useful to stop or reduce coffee consumption: if you drink 5 coffees a day and you want to quit, if you do it all at once you will get a terrible headache, extreme lack of energy, etc. If you reduce 1 coffee every 5 days, you will not even notice it.

In the case of nicotine, the gradual reduction is difficult to do with cigarettes, because they are more addictive as nicotine rises quickly in the brain. That is why it is better to use chewing gum, but to use chewing gum you have to use the initial dose that leaves you as satiated as cigarettes. Let's say you smoke a pack of cigarettes a day. Then, 10-12 nicotine gums should be enough to feel satiated. If you start with 12, go down by 1 gum each week. When you go for about 3 gum a day, you will be able to quit at once because the nicotine dependence will be so low that you won't even notice it.

The physical nicotine dependence will be gone within four weeks. It's barely noticeable, with withdraw symptoms just like an empty stomach feeling, nothing more. That's why it's easy to quit. The fear factor that the neurotoxin introduces, is the greatest barrier to quit. Before you even light your last cigarette, you start to fear what's happening after the last one. In reality, there are only good things happening, getting back taste and appetite, energy, lung volume, better heart rate and blood pressure, losing the withdrawal stress (which makes up the "relaxation" effect of the "next cigarette").
Psychologically, the dependence is similar to heroin. It goes on for years, in the very back of your head. As soon as you touch it, your body chemistry remembers it and you instantly become physically dependent again. Once you're over the four weeks again, you naturally don't want to touch it UNLESS there is psychical co-dependence.

Example:
My mother's neighbor smoked 4 packs a day for decades, lies in bed after his fourth (!) stroke, unable to quit. He's down to one pack a day now, though he tried everything. He's a very cool type of guy. Turned out he doesn't feel cool without a smoke between his lips. And there's that. He should have worked on feeling cool without the damn stick in his mouth, then he would have been able to quit easily.

Basically you have two choices when you try your first smoke: Leave it forever as the disgusting thing it really is, or discover some "benefit" and stay hooked for a lifetime, unless you discover that the "benefit" was total bullshit.

For me, it was the "rebel" in me at the age of 15 that got me going with smoking. I discovered that i could be a rebel without tobacco about 15 years later, was able to give it up after three tries, five years later. God bless vaporizers, by the way.

In the end, it's irrelevant HOW you leave it, as long as you don't think you gave something up that is of some value. It really isn't. It's just ugly shit to get you hooked, so you can feed the tobacco industry and pay taxes on it for a lifetime. Pretty clever...