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

[sirazimuth]

... Why would I sell BTC that I had considered lost to pay for a Cybertruck ....

stupidity?

.... At some point you've got to spend some money and have some fun with toys.

Agreed, although I question your judgement buying a Cybertruck?? Seriously bro?
I'd be interested to know how that  $100,000  "toy" works out for you.
Hopefully better than the plethora of Elon fanboy folks who spent $100,000 on a ....ahhhh phukit, not gonna go there.
Just Google Cybertruck horror stories.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

Cybertruck horror stories.

things got the wheelbase, suspension travel and breakover angle of my old 1960s era pontiac station wagon. unsure whats thats about.

[Hueristic]

Not sure why but I think of Elon Fanbois as being equivalent to Ethtards.

[philipma1957]

The countdown for when mtgox coins start hitting the market has begun. Me personally, I’ll probably sell off 1/3 of what I get and invest it into the stock market to get some extra dividends coming in and use the rest to pay for my Cybertruck. I had considered that BTC gone a long time ago, so getting it back now with such high prices is pretty cool. I suspect others will be dumping as well, but this is the last speed bump on the road to $100K.

Bro why would a sane person sell
Middle of the bull

I pretty much already gave a reason in that I had long considered these coins lost.  Why would I sell BTC that I had considered lost to pay for a Cybertruck instead of using investment money?  Well, that's a bit of a personal finance issue but the short end of it is that I'm uncomfortably long BTC right now.  It makes up a majority of my net worth and while I'm extremely bullish and believe we'll see a $200K BTC price in the next 18 months, life doesn't go on forever.  At some point you've got to spend some money and have some fun with toys.  If I didn't own >10x as much BTC as I do stocks, I would consider holding and spending my USD, but as stated, this recent bull run has made me slightly uncomfortable with the diversity of my investment portfolio.  

take some profit.  don't worry if it goes to 100k or 200k.

10% of your btc won't break things if you go to 100k or 200k you will still have 90% of the btc.

[El duderino_]

The countdown for when mtgox coins start hitting the market has begun. Me personally, I’ll probably sell off 1/3 of what I get and invest it into the stock market to get some extra dividends coming in and use the rest to pay for my Cybertruck. I had considered that BTC gone a long time ago, so getting it back now with such high prices is pretty cool. I suspect others will be dumping as well, but this is the last speed bump on the road to $100K.

Bro why would a sane person sell
Middle of the bull

I pretty much already gave a reason in that I had long considered these coins lost.  Why would I sell BTC that I had considered lost to pay for a Cybertruck instead of using investment money?  Well, that's a bit of a personal finance issue but the short end of it is that I'm uncomfortably long BTC right now.  It makes up a majority of my net worth and while I'm extremely bullish and believe we'll see a $200K BTC price in the next 18 months, life doesn't go on forever.  At some point you've got to spend some money and have some fun with toys.  If I didn't own >10x as much BTC as I do stocks, I would consider holding and spending my USD, but as stated, this recent bull run has made me slightly uncomfortable with the diversity of my investment portfolio.  

Indeed a personal issue…. Just not a reason why majority of these coins would be sold… could be that the majority finally have some BTC back and there journey maybe starting again… could easily be a story we’re more of the peeps are been protected from selling and know understanding they have to hold on to these precious coins….

[El duderino_]

The countdown for when mtgox coins start hitting the market has begun. Me personally, I’ll probably sell off 1/3 of what I get and invest it into the stock market to get some extra dividends coming in and use the rest to pay for my Cybertruck. I had considered that BTC gone a long time ago, so getting it back now with such high prices is pretty cool. I suspect others will be dumping as well, but this is the last speed bump on the road to $100K.

Bro why would a sane person sell
Middle of the bull

I pretty much already gave a reason in that I had long considered these coins lost.  Why would I sell BTC that I had considered lost to pay for a Cybertruck instead of using investment money?  Well, that's a bit of a personal finance issue but the short end of it is that I'm uncomfortably long BTC right now.  It makes up a majority of my net worth and while I'm extremely bullish and believe we'll see a $200K BTC price in the next 18 months, life doesn't go on forever.  At some point you've got to spend some money and have some fun with toys.  If I didn't own >10x as much BTC as I do stocks, I would consider holding and spending my USD, but as stated, this recent bull run has made me slightly uncomfortable with the diversity of my investment portfolio.  

Fck those stocks man...give youself just 1 year extra.

And buy a cybertruck later…. First edition will have some annoying flaws….

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

....

And buy a cybertruck later…. First edition will have some annoying flaws….

Yeah, like the Ford Edsel. I think the first edition had some annoying flaws anyway, lol.

Albeit,  I shouldn't make fun of shit boxes. After all, my first car purchase was a Chevy Vega. (I was young and dumb and it's all I could afford)
What a pile of junk that was. When I totaled it, it was actually a blessing in disguise.

[d_eddie]

Let's talk about a tinfoil hypothesis.

What if Riot's $950M offer to Bitfarms has Blackrock behind it?
What if they want to slowly get 51% of the miners so they can fork btc in the future?
What could (user) nodes do to avoid that?
Could the community at large basically stop them as already happened with the Segwit wars?

[sirazimuth]

Let's talk about a tinfoil hypothesis.
.....

Tinfoil hypothesis!?? What are you on about sir?
There are no tinfoil hypotheses on this here famous thread forum!  

Tinfoil Hypothesis.... Hmmm... sounds like a good band name anyway. Maybe too many syllables though...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[heslo]

It's started...

https://www.prnewswire.com/news-releases/semler-scientific-announces-bitcoin-treasury-strategy-302156715.html

Companies following Saylors playbook

Time for someone to
step up… to make you a de-
served Legendary

Only few merits left brother

*Done deal I noticed

Ho lee shit!

Legendary; thanks all!

50 merit too, what a big one! Here's it back at ya buddy!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
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[WatChe]

I pretty much already gave a reason in that I had long considered these coins lost.  Why would I sell BTC that I had considered lost to pay for a Cybertruck instead of using investment money?  Well, that's a bit of a personal finance issue but the short end of it is that I'm uncomfortably long BTC right now.  It makes up a majority of my net worth and while I'm extremely bullish and believe we'll see a $200K BTC price in the next 18 months, life doesn't go on forever.  At some point you've got to spend some money and have some fun with toys.  If I didn't own >10x as much BTC as I do stocks, I would consider holding and spending my USD, but as stated, this recent bull run has made me slightly uncomfortable with the diversity of my investment portfolio.  

A person coming from stock to btc has better understanding of how to tackle btc then someone who has no prior idea of investment. My little experience in stock help me understanding why Hodling is important.
Everyone has its own idea about how to proceed with his invested money and if you think its right time for you to sell then go for it and enjoy life. Cheers!
I myself sold my holdings when btc crossed 60k to install Solar system and I consider it a good decision since its too much hot and electricity is super expensive.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Cossyblack]

MT Gox where is our Money?

I Think They ate the money