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

[El duderino_]

Most excellent, dude!  

Just as BTC nears its (US$) ATH.

Photo of the day?

Certainly delivery of the day

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[serveria.com]

It's happening... 

[lightfoot]

Beware HoDLers! If you want to keep your sanity, do not -- I repeat -- DO NOT sell any moderate to large chunks of coin now. The imminent and inevitable mega-rise to stratospheric price levels, this year and the next, will make you want to kill yourself and will eventually transform you into a r0ach-like entity, trying desperately to make some sense out of your senseless decision, which will haunt you until you die. This is serious. It will mess you up badly, as it did mindrust (check out his latest posts to see what I mean).

I still have one of my $60,000 Havana cigars. I think I'll smoke it at the 100k party.

[HI-TEC99]

OK. In the "Holy-Shit Department", I did the accounting on my node, and for the sake of argument, am profitable ~+$2k USD as of right now.

This is a viable alternative to mining for me, but the headache is much worse with channel management/balancing, than managing a hardware farm.

Anyway, figured some of you might appreciate that anecdote.

Hoe much did you have to "invest" in your node to "earn" ~+$2k USD, and how long did it take?

[gembitz]

65K HERE WEEEE GOGOGOGOGOOO///^

[gembitz]

It's happening...  

SELL FARM, WIFE, CHIKUNZ = BTCUY CORN    YEEEEEEEE WOOT

[BobLawblaw]

Hoe much did you have to "invest" in your node to "earn" ~+$2k USD, and how long did it take?

Playing with 4BTC total liquidity. Built up to that over a month. Not inclined to add another coin to the node at this point. Think I've provided enough liquidity for now. Can't be sure how I ended up on the BOS List, either, TBH...

[ChartBuddy]

Explanation

[cygan]

[BlackHatCoiner]

Reaching new milestones soon.

Price:


ATH:

[HI-TEC99]

[gembitz]

YOU KICKED MY DOG!    OOOOF

[JayJuanGee]

euro next? old ATH 54203 Euro on bitstamp. just 600 euro away.

ATH just under 54200 € on Kraken.

It's happening tonight.

I don't see it

Oh look our bullish indicator has popped up!

hahahahaha

Proudhon confirms that if we might have doubts about our bitcoin investment, he surely is letting us know that we are in the right investment.. and causing no coiners to cry on a daily basis..

Just think about his bitcoin is a bubble song from early 2013.. in retrospect it seems like a no coiner crying song.. and sure his real message in there (especially looking at the end) shows bitcoin going to $1million but the bears crying the whole time... so surely proudhon is ongoingly representing/channeling that bear cry and the cry of the no coiner.. so it is quite entertaining to see the no coiner tears throughout that song... and to appreciate that at some point. the bears and the nocoiners should have figured out the matter, especially if they were to put together a song/video on the topic.

wink wink.. "hi proudhon, you lovely at least double-blind donkey."

[OutOfMemory]

Hoe much did you have to "invest" in your node to "earn" ~+$2k USD, and how long did it take?

Playing with 4BTC total liquidity. Built up to that over a month. Not inclined to add another coin to the node at this point. Think I've provided enough liquidity for now. Can't be sure how I ended up on the BOS List, either, TBH...

Dumb question:
So you mean i can rent a 40-bucks-per-month linux VM with 2TB hdd space at some random hoster, set up a full and lightning node over tor and i'm a node operator?
I only require to make $40 in fees (minimum) to finance the vm.

[Agapios]

It's happening...  

SELL FARM, WIFE, CHIKUNZ = BTCUY CORN    YEEEEEEEE WOOT

good one

[proudhon]

euro next? old ATH 54203 Euro on bitstamp. just 600 euro away.

ATH just under 54200 € on Kraken.

It's happening tonight.

I don't see it

Oh look our bullish indicator has popped up!

hahahahaha

Proudhon confirms that if we might have doubts about our bitcoin investment, he surely is letting us know that we are in the right investment.. and causing no coiners to cry on a daily basis..

Just think about his bitcoin is a bubble song from early 2013.. in retrospect it seems like a no coiner crying song.. and sure his real message in there (especially looking at the end) shows bitcoin going to $1million but the bears crying the whole time... so surely proudhon is ongoingly representing/channeling that bear cry and the cry of the no coiner.. so it is quite entertaining to see the no coiner tears throughout that song... and to appreciate that at some point. the bears and the nocoiners should have figured out the matter, especially if they were to put together a song/video on the topic.

wink wink.. "hi proudhon, you lovely at least double-blind donkey."

[JayJuanGee]

Whilst there is a delay in the action – a quick personal story…

The company I work(ed) for changed to a different retirement account custodian.  This change also caused us employees to lose our ability to select/trade stocks with our 401 and Roth funds.  Now ALL of your savings had to go into one of the custodial savings funds (made up of a basket of crappy stocks/bonds).
I had a nice nest egg that I have been saving for over 30 years in this program just waiting for the ETF and the chance to take my savings to the “next level”.    Of course I was anticipating this ETF from the day the Winkle boys first applied.   I did put a large portion of my savings into the Grayscale products and that was nice – for a short duration.
My company/custodian forced us to liquidate our brokerage selections and move into the pre-selected death spiral funds.   Of course this happened this summer when the dip occurred and I got wrecked with the move.
With the most certain bull run that was coming I really only had two choices.
1. withdraw all the retirement savings and pay the early penalty
2. quit the company – thus allowing the funds to be freed for a short stint while I shop for a new custodian (the IRS gives you 60 days to re-invest into a new qualified instrument).

I quit my job, took the retirement funds and am riding the wave for 60 days.  It has already paid for a couple years salary.  

Fingers crossed – breath held.
In the infamous words of the ESPN Ocho announcer Pepper Brooks  “It's a bold strategy, Cotton. Let's see if it pays off..”

You are correct that it is a risky... strategy.. and another option would have been to take a loan from your 401k or to invest into bitcoin in separate funds.. but sure, maybe your 401k loan limit is quite low and sure maybe you do not have enough separate funds to make any kind of meaningful and significant investment into bitcoin.. so it does seem that you have given a decent amount of assessment of the risks (maybe not enough of an assessment, but you do not seem to be flying blind).. which is about as much as anyone can hope for under such desperate (seemingly highway robbery-like circumstances).

By the way, EatonABooger if you have not already gotten back into BTC with your 401k funds, then where are you with that?  You can do self-directed, but that usually would have required setting something up in advance (before quitting your job) and then you can get the 401k funds and then invest them through your self-directed system... otherwise, if you are just riding out the 60-days then it appears that you are going to have to pay the penalty (10%-ish) (and perhaps the taxes) if you do not find a authorized new custodian, no?  Might be better to completely take the funds if BTC performs well enough, too... Maybe you got into BTC in the $40ks or $50ks with those retirement (401k) funds?

[ChartBuddy]

Explanation

[BobLawblaw]

Dumb question:
So you mean i can rent a 40-bucks-per-month linux VM with 2TB hdd space at some random hoster, set up a full and lightning node over tor and i'm a node operator?
I only require to make $40 in fees (minimum) to finance the vm.

You could try?

Honestly not sure how to answer that. I'm doing a lot of active channel management on the node, on a daily basis.

[serveria.com]

Closing in on ATH girls   around 1k to go...