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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381652 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Kylapoiss
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I don't know where I'm going, but I'm going.


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April 19, 2021, 09:26:58 AM


Is that a walrus on the right?
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BitcoinBunny
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April 19, 2021, 09:27:55 AM


True.


Billionaire lover. Passionate love affair, girl gets rewarded for physical sexual abuse. No problemo. Great guy.



Creepy millionaire film producer bastard, girls get awarded with careers. Lock him up.




Skanky bitch, sleeps with anything that moves, worth nothing.



Skanky bitch, sleeps with anything that moves and writes a song about it and gets famous, worth nothing.  (Not that I would say no)
Kylapoiss
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April 19, 2021, 09:30:02 AM

And some are talking about a crazy idea that looks don't matter..
macson
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April 19, 2021, 10:05:53 AM

Only strong hands left
Paper hands forever gone
We are the future

Haiku Sunday



(Pic credit - RD_BTC - Twitter))



Goodnight brothers, let’s hope for a green week ahead.

https://twitter.com/CHAIRFORCE_BTC/status/1383763384261169158

#stronghand Cool
BitcoinBunny
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April 19, 2021, 10:37:19 AM

I'm a simple man, I like the sun, holidays, a beach and big ass(ets).


friends1980
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April 19, 2021, 10:57:37 AM

Put out buy orders just to be sure and the first order at 47K (euro) is checked; I must admit however that I put up my orders "just in case" and honestly expected a decrease at "derivative" opening time, but not in the middle of the (GMT) day.

I guess I should be happy now, yet feel a bit confused. Cool


edit: for now, it seems to have been not much more than a very modest dip.
philipma1957
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April 19, 2021, 12:32:43 PM

I was reading that the world has 46-47 million millionaires.

https://en.wikipedia.org/wiki/Millionaire

To be a millionaire by the definition I found do not count your home you job or your pension.

Count your investable  wealth :

"There are multiple approaches to determining a person's status as a millionaire. One of the two most commonly used measurements is net worth, which counts the total value of all property owned by a household minus the household's debts. According to this definition, a household owning an $800k home, $50k of furnishings, two cars worth $60k, a $60k retirement savings account, $45k in mutual funds, and a $325k vacation home with a $250k mortgage, $40k in car loans, and $25k in credit card debt would be worth about $1,025,000; and every individual in this household would thus be a millionaire. However, according to the net financial assets measurement used for some specific applications (such as evaluating an investor's expected tolerance for risk for stockbroker ethics), equity in one's principal residence is excluded, as are lifestyle assets, such as the car and furniture. Therefore, the above example household would only have net financial assets of $115,000. Another term used is "net investable assets" or working capital. These practitioners may use the term "millionaire" to mean somebody who is free to invest a million units of currency through them as broker. For similar reasons, those who market goods, services and investments to HNWIs are careful to specify a net worth "not counting principal residence". At the end of 2011, there were around 5.1 million HNWIs in the United States,[9] while at the same time there were 11 million millionaires[10] in a total of 3.5 million millionaire households,[11] including those 5.1 million HNWIs"


So I am not there yet.

But if you have only 18 BTC = 1,026,000

My wife and I may get there 1 day.

Just stack your BTC. one day. 18 will not be needed only 9 coins will get you there. 9 x 115,000 = 1,035,000 That day is not far off.  Just stack the BTC and Hodl.

1 BTC = $1 million by 2025 I reckon. The absolute latest 2030.

Note however your purchasing power of that $1 million will be significantly reduced.
If we take an average 8% inflation rate we are actually talking almost exactly $500,000 in today's money by 2030.

So 2 BTC will, I think, make you millionaire in dollars in today's money by 2030 but most likely before then.

Not counting house, car, pensions.  We are not at 1,000,000 but we are closer since Dec 2020.
Karartma1
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April 19, 2021, 01:39:13 PM

One good thing.... yesterday I didn’t lose any BTC
1btc = 1btc
Game remains unchanged
#metoo

I'm finally 100% on bitcoin, again! Liquidated my LINK and NEO old shitbalances for a btc profit.
Bitcoin dominance achieved for both peace of mind and ease of use.
hisslyness
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April 19, 2021, 01:43:23 PM
Merited by JayJuanGee (1)


I think that there is also a kind of consensus evolving in recent times that even today, you need $2million as compared to what a millionaire would have been in 2010-ish   So $1million will give you about $3,333 in passive income per month and sure double that with $2million.. to $6,667 per month of passive income.

There is NO consensus that 1mil gives you 3.3 thou a month of passive income.
Where are you getting these numbers?
Buying dividend stock or 10 year treasury is NOT passive income.
Spending down your 1 mil is also not considered passive income.
You keep saying that over and over, but it is absolutely erroneous.
I would be in agreement if you say that you can probably spend 3.3% of your stash every year without ever running out, but stop calling it "passive income".
Passive income is "earnings derived from a rental property, limited partnership, or other enterprise in which a person is not actively involved."
This is what passive income is, but it is NOT spending down your stash.

I am fairly certain dividends from stock/shares, interest received from savings, royalties, is a form of passive income. However, unless you are retired, DRP is the way to go!

Everyone’s situation is different and how they invest and plan for future retirement will be different, but the one thing we can all agree on is, we never want to worry about where to find that extra $100 to pay a late bill.

Besides, you should be aiming to increase your overall wealth by minimum 10% each year. Then you only need to worry about choosing “his and her” matching colour Lambos... or his/his (Bob)
Dabs
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April 19, 2021, 01:52:43 PM

The 4% "safe withdrawal" rate comes from a "passive investment" in a broad based index or mutual fund of approximately 60% stocks and equities, and 40% bonds. Putting your money in the S&P 500 or a Total Stock Market fund would achieve similar results.

The study also uses 30 years as a retirement number, how long you can stay retired.

There are several calculators out there, but you can try for example firecalc.com

If you input $1m and $40k as annual withdrawal for 30 years, you get a 95% success rate. Out of 120 possible 30 year cycle periods, 6 failed.
Arriemoller
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April 19, 2021, 02:02:08 PM

How do you say "smoke grenade launcher" in German?
Don't ask.
Nebelwerfer

Good morning.
"Nebelwerfer" is rrrong.  Sad
It's a rocket/grenade launcher named after its inventor's last name (Nebel).

What you are looking for is "Nebelmittelwurfanlage" or "Nebelwurfanlage".

https://de.wikipedia.org/wiki/Nebelmittelwurfanlage


"Nebelmittelwurfanlage" is what I'm looking for, thanks ("rauchwerfer" didn't give me what i was looking for on google)
Arriemoller
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April 19, 2021, 02:05:25 PM
Last edit: April 19, 2021, 02:25:49 PM by Arriemoller

How do you say "smoke grenade launcher" in German?
Don't ask.
Nebelwerfer

Good morning.
"Nebelwerfer" is rrrong.  Sad
It's a rocket/grenade launcher named after its inventor's last name (Nebel).

What you are looking for is "Nebelmittelwurfanlage" or "Nebelwurfanlage".

https://de.wikipedia.org/wiki/Nebelmittelwurfanlage


Good morning to you, too.

I stand corrected.

Ursäkt, Arrie.





No need to apologize, that search gave me some good hits too. Thank you.
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April 19, 2021, 02:27:26 PM

Oh c'mon go up again will you!
vapourminer
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what is this "brake pedal" you speak of?


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April 19, 2021, 02:29:18 PM

Besides, you should be aiming to increase your overall wealth by minimum 10% each year. Then you only need to worry about choosing “his and her” matching colour Lambos... or his/his (Bob)

well, three really: yours, your wifes, and your wifes boyfriend*

*all genders to be adjusted to taste of course.
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what is this "brake pedal" you speak of?


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April 19, 2021, 02:32:37 PM
Merited by philipma1957 (2), lightfoot (2)

The 4% "safe withdrawal" rate comes from a "passive investment" in a broad based index or mutual fund of approximately 60% stocks and equities, and 40% bonds. Putting your money in the S&P 500 or a Total Stock Market fund would achieve similar results.

The study also uses 30 years as a retirement number, how long you can stay retired.

There are several calculators out there, but you can try for example firecalc.com

If you input $1m and $40k as annual withdrawal for 30 years, you get a 95% success rate. Out of 120 possible 30 year cycle periods, 6 failed.

one issue: life extension drugs that may appear. now your 30 year retirement is 60 years. give or take. plan accordingly.

edit: and i can feel those  Pfizer 5G nanobots feeding me lifeforce as i type, especially now that ive had the 2nd injection. 5 bars of 5G signal on my phone now and no 5G towers in 100 miles of here. sweet bonus, that! i have become.. become.. well.. something.
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April 19, 2021, 02:43:36 PM

Dip is back on the menu, boys.

Buying bigger chunks this drop. First order just got filled at $55.5k on the way down.
vapourminer
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what is this "brake pedal" you speak of?


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April 19, 2021, 02:49:45 PM
Merited by BobLawblaw (1)

Dip is back on the menu, boys.

Buying bigger chunks this drop. First order just got filled at $55.5k on the way down.

i lucked out and had a standing buy order pop at ~$53.5. then loaded some more corn at around 54k manually yesterday when i woke up.

also unloading a couple alts that pumped and converted to corn.

life is good.
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April 19, 2021, 02:53:43 PM

The 4% "safe withdrawal" rate comes from a "passive investment" in a broad based index or mutual fund of approximately 60% stocks and equities, and 40% bonds. Putting your money in the S&P 500 or a Total Stock Market fund would achieve similar results.

The study also uses 30 years as a retirement number, how long you can stay retired.

There are several calculators out there, but you can try for example firecalc.com

If you input $1m and $40k as annual withdrawal for 30 years, you get a 95% success rate. Out of 120 possible 30 year cycle periods, 6 failed.

one issue: life extension drugs that may appear. now your 30 year retirement is 60 years. give or take. plan accordingly.

edit: and i can feel those  Pfizer 5G nanobots feeding me lifeforce as i type, especially now that ive had the 2nd injection. 5 bars of 5G signal on my phone now and no 5G towers in 100 miles of here. sweet bonus, that! i have become.. become.. well.. something.


Wife and I are looking forward to second shot.
Sayeds56
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April 19, 2021, 02:54:59 PM

Next 39 hours are critical Wink

Need to be at 60 k by tues 12 noon eastern standard time.

Please share any news or Technical analysis behind this 60K Price prediction.
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April 19, 2021, 03:01:08 PM

I stacked some more btc today.  dip looks good.


@ Sayeds56


"Please share any news or Technical analysis behind this 60K Price prediction."


 Wink is all I got Grin
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