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

[BobLawblaw]

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]

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.

[philipma1957]

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]

Next 39 hours are critical

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.

[philipma1957]

I stacked some more btc today.  dip looks good.


@ Sayeds56


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


  is all I got

[Dabs]

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.

If today you can retire and survive for 30 years and you live long enough to see another 60 years, and if today you hold enough bitcoin to be able to say you can retire for 30 years, I think by the time your life extension drugs start working, in 30 years, whatever bitcoin you have left should let you live another 30 or more years.

Hopefully, that's the case. Always put in a buffer.

Sometimes that 30 year number is a proxy for "forever" ... but maybe a more realistic thing to do is plan for 30 years, then adjust as life goes along, and you can probably extend that to 60 or 100. Most people don't really plan on spending their last dime on their last day of living. (The plan could go wrong, but that's another issue.)

The number also implies 25x your annual expenses saved up, then invested. If you can save up more and invest more, then you should be able to live on both the growth or divs or interest forever, or as long as these institutions exist.

The truly safe withdrawal rate these days has gotten lower to around 3.5%, so you need at least 28x your annual expenses saved up. If you have some sort of pension or benefit or security from the government, (Social Security or similar), you can subtract that from what you need as you will be covered.

[shahzadafzal]

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.

And remember this!!!

If your partner confesses that they cheated on you, I know the temptation is to ask, “with who?“

But that's inappropriate. Avoid it.

Instead ask, “with whom? “ It is important to speak good English.

[vapourminer]

Wife and I are looking forward to second shot.

had less side effects from the second than the 1st. bit of mild fatigue and bit sore at injection site. gone in a couple days.

[mrjoy15]

Bloody Sunday has gone, however market is still surviving.

In fact, we're passing a crucial point in time. Hold your breath. Shit always happens on those panic sellers.

This is nothing other than a good time to accumulate. It's still a bull market. No need to hold the breath. 

[Arriemoller]

Bloody Sunday has gone, however market is still surviving.

In fact, we're passing a crucial point in time. Hold your breath. Shit always happens on those panic sellers.

This is nothing other than a good time to accumulate. It's still a bull market. No need to hold the breath. 

So, are we supposed to hold our breath or not?

[lightfoot]

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.

Interesting. My GF has to buy her own Lambo from her own money. Wife wants Lexus.

[BTCaesar]

Bloody Sunday has gone, however market is still surviving.

In fact, we're passing a crucial point in time. Hold your breath. Shit always happens on those panic sellers.

This is nothing other than a good time to accumulate. It's still a bull market. No need to hold the breath. 

So, are we supposed to hold our breath or not?

To hodl or not to hodl, that is the question 

[Elwar]

Looks like Bitcoin is dead.

Time to go fight in the war.

[bitcoinPsycho]

This is just a game for Ants






literally

[bitcoinPsycho]

Bloody Sunday has gone, however market is still surviving.

In fact, we're passing a crucial point in time. Hold your breath. Shit always happens on those panic sellers.

This is nothing other than a good time to accumulate. It's still a bull market. No need to hold the breath.  

So, are we supposed to hold our breath or not?

To hodl or not to hodl, that is the question  

Is it me or is this a stupid question?

Edit: to buy and hold is the answer

[gallianooo]

Poor again ?  

Double local bottom ?
Sideway 51-56 for a while ?
Magic green big candle will surprise us soon from nowhere ?

 

[LoyceV]

Poor again ?  

Still poor

[BobLawblaw]

Dip is back on the menu, boys.
Buying bigger chunks this drop. First order just got filled at $55.5k on the way down.

Think I played this drop pretty well. Bought $500 chunks at $250 intervals. Got filled as low as $54.5k before my daily ACH limits were hit.

Enough for today.

[El duderino_]

Poor again ?  

Double local bottom ?
Sideway 51-56 for a while ?
Magic green big candle will surprise us soon from nowhere ?

 

Gotta say, got a weakness for those ....

[Paashaas]

Okex integrates Lightning Network.

OKEx, a world-leading cryptocurrency spot and derivatives exchange, has announced that it has integrated Bitcoin’s Lightning Network, allowing faster and cheaper transactions for users.