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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

...
I always drink black coffee.

4 Cup, you lightweight!

Yeah I always unplug after its done brewing because otherwise it heats the place up and fights the AC!

I actually Brew it on the deck in august just for that reason.

I'm just so sick of fixing appliances, I just replaced the pump and had to repair the triac on the control board on my washer and 2 years ago I replaced the bearings, belt and seals on that same washer.

Its a never fucking ending battle, nothing FUCKING lasts!

[OutOfMemory]

...
I always drink black coffee.

4 Cup, you lightweight!

Yeah I always unplug after its done brewing because otherwise it heats the place up and fights the AC!

I actually Brew it on the deck in august just for that reason.

I'm just so sick of fixing appliances, I just replaced the pump and had to repaire the triac on the control board on my washer and 2 years ago I replaced the bearings, belt and seals on that same washer.

Its a never fucking ending battle, nothing FUCKING lasts!

Haha, i totally feel you there.
I also seem to never really stop repairing devices at home. At least it saves a lot of money and you never stop learning (by doing), but there are times you would like to be not doing (repairs) but you have to.

[Hueristic]

...
I always drink black coffee.

4 Cup, you lightweight!

Yeah I always unplug after its done brewing because otherwise it heats the place up and fights the AC!

I actually Brew it on the deck in august just for that reason.

I'm just so sick of fixing appliances, I just replaced the pump and had to repaire the triac on the control board on my washer and 2 years ago I replaced the bearings, belt and seals on that same washer.

Its a never fucking ending battle, nothing FUCKING lasts!

Haha, i totally feel you there.
I also seem to never really stop repairing devices at home. At least it saves a lot of money and you never stop learning (by doing), but there are times you would like to be not doing (repairs) but you have to.

Yeah, I'm constantly redesigning the shit to remove the built in obsolescence as well.

For instance the washer was just out of warranty when the belt went.

After inspecting it I ascertained the seal was allowing a slow drip to run along the shaft into the unsealed bearing.

I could have just replaced the belt but it would have went again because of the garbage bearing and seal they used.

After inspecting the seal I found a piece of garbage semi rubber non spring custom seal that they sold for $85 bucks.

I measured the distance in the seal slot and found I could fit 2 silicon spring seals on that shaft that cost me about 10 bucks and will last the life of the washer and never allow a drop to hit the new SEALED bearing that  I sourced.

Also I found the control board failed because when the pump fails the amperage draw heats up the solder on the triac to the point it flows and no longer sheds heat through the board. I reflowed it with some good lead solder and applied a heat sink to it. I didn't even need to use the spare triacs I ordered after finding the actual issue.

So basically there is very few parts of this washer that are under engineered now and I expect it to last for quite awhile, I think its only like 8 years old now.

AND don't even get me started on the 5 year old Samsung dishwasher!!!! Never buy a samsung appliance!!!! EVER.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

It sounded a bit strange to me to sell 2 years worth, and that was part of the reason that I was motivated to make a kind of hypothetical to try to make it seem like it makes sense, yet now you have disclosed some additional facts that make it even more complicated.. so I am thinking that I am just going to leave it. 

Yes please, just leave it. We're all gentlemen here, we don't speak the size of other WO-members' stash.

...

you guys can speak about my 0.0021 BTC anytime!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

Bitcoin-powered ants,
Marching onwards and upwards.
Green dildo machines!

Resistance broken.
Vegeta's tombstone secured.
'Til next year, that is!

Next-level warfare.
Pagers exploding in sync.
Coffee makers too!

The moon looks bigger.
Getting closer to it soon.
Magnesium dreams!

When Phil's off-duty,
Buddius Interruptus!
Nice, vapourminer.

It's all good and well.
You can buy, but do not sell.
Your passphrase, don't tell!

We're all early birds.
Whatever doesn't kill you,
Makes you wealthier!

#7wodigestsundayhaikus

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

...
I always drink black coffee.

4 Cup, you lightweight!

Yeah I always unplug after its done brewing because otherwise it heats the place up and fights the AC!

I actually Brew it on the deck in august just for that reason.

I'm just so sick of fixing appliances, I just replaced the pump and had to repaire the triac on the control board on my washer and 2 years ago I replaced the bearings, belt and seals on that same washer.

Its a never fucking ending battle, nothing FUCKING lasts!

Haha, i totally feel you there.
I also seem to never really stop repairing devices at home. At least it saves a lot of money and you never stop learning (by doing), but there are times you would like to be not doing (repairs) but you have to.

Yeah, I'm constantly redesigning the shit to remove the built in obsolescence as well.

For instance the washer was just out of warranty when the belt went.

After inspecting it I ascertained the seal was allowing a slow drip to run along the shaft into the unsealed bearing.

I could have just replaced the belt but it would have went again because of the garbage bearing and seal they used.

After inspecting the seal I found a piece of garbage semi rubber non spring custom seal that they sold for $85 bucks.

I measured the distance in the seal slot and found I could fit 2 silicon spring seals on that shaft that cost me about 10 bucks and will last the life of the washer and never allow a drop to hit the new SEALED bearing that  I sourced.

Also I found the control board failed because when the pump fails the amperage draw heats up the solder on the triac to the point it flows and no longer sheds heat through the board. I reflowed it with some good lead solder and applied a heat sink to it. I didn't even need to use the spare triacs I ordered after finding the actual issue.

So basically there is very few parts of this washer that are under engineered now and I expect it to last for quite awhile, I think its only like 8 years old now.

AND don't even get me started on the 5 year old Samsung dishwasher!!!! Never buy a samsung appliance!!!! EVER.

Hey now!  I need a diy dude who knows his shit. Do you accept bitcoin?
 (edited correction because dyslexic)

Off Topic..(because thats normal me)
Hot off the Iphone press. If I get double digit plays, thats a win.

https://soundcloud.com/sirazimuth/this-place8

Just to be clear, this is the only forum I share this crap apart from friends irl.
Only because I've been here a very long time.
And I am fully aware most folks here do not share my ideology, but you all are bitcoin bros and sisters (or whatever you identify as) none the less.



GO BITCOIN

[JayJuanGee]

It sounded a bit strange to me to sell 2 years worth, and that was part of the reason that I was motivated to make a kind of hypothetical to try to make it seem like it makes sense, yet now you have disclosed some additional facts that make it even more complicated.. so I am thinking that I am just going to leave it. 

Yes please, just leave it. We're all gentlemen here, we don't speak the size of other WO-members' stash....

you guys can speak about my 0.0021 BTC anytime!

Currently, your goal should be at least 0.21 BTC.. while it is still reachable.  In the past few years, I have frequently proclaimed that I have more than 3x the current minimal target, and surely part of any successful bitcoin may well be able to establish reasonable goals to be able to hang onto various threshold amounts that he would consider to be meaningful towards providing more options for him down the road... and yeah, if we have even reached a status of over accumulation, we might be able to start to withdraw from our stash based on either price or time.  I personally believe that the price based withdrawal methods should come into play prior to the time-based withdrawal methods, yet we need to come to an assessment that we have reached a state of overaccumulation within the context of our own circumstances.

I become a bit confused myself from time to time in terms of figuring out the difference between being in an overaccumulation status as compared with being in fuck you status.  I used to consider entry-level fuck you status to be between 20x and 30x of your annual salary (or at least your annual anticipated expenses), yet I have more recently come to the conclusion that entry-level fuck you status could be as low as 10x your annual income (expenses) if you are mostly valuing your BTC stash from the 200-WMA... so accordingly entry-level fuck you status could well be anywhere between 10 years and 25 years of your annual expenses, and guys have to figure out how conservative that they might want to be in terms of having some kind of a cushion.

Regarding overaccumulation status that is more difficult to establish, especially since initially I had thought that having bitcoin as 10% of our investment portfolio would be prudent, so if the bitcoin appreciates or if you invest more than your allocation target, then it would seem that you would be in an overaccumulation status. More recently (mostly since 2020) I have begun to consider 5% to 25% to be reasonable BTC allocation investment targets, so within that range a person could be whimpy or aggressive in terms of setting his target, so then overaccumulation could come from either investing beyond the target or from the BTC price appreciating to such an extent that it goes beyond the target.. so then part of the question might come from how much beyond the target does BTC valuation need to appreciate before a status of BTC overaccumulation should reasonably be assessed. 

I no longer really believe in the idea of reallocating back to your allocation levels, but to allow the winners to ride.. so perhaps overaccumulation could still be assessed within the extent to which any guy might presume that his BTC valuation level has gone way beyond his initial allocation.. perhaps if the initial target was 25%, yet through bitcoin price appreciation, it had become more than 50% of the investment portfolio, then maybe that doubling of the allocation might be a sufficient surplus to feel free to sell some beyond such double overallocation levels? I am not claiming to really know the answer, since even for myself, in around late 2014, I had come to the conclusion that 10% was sufficient allocation to bitcoin, so I thought that my continuing to buy BTC during 2015 and reaching something like 13.5% allocation to bitcoin was also overallocation, yet even though I authorized myself to sell some small amounts of BTC on the way up, I tended to remain somewhat afraid to sell any large amounts of BTC so my allocation went up to 85%-ish in late 2017 and then dropped back down to 40%-ish in 2018 and 2019 and then it want back up to 90%-ish in 2021 and dropped back down to 60%-ish in 2022, and I think currently it is back into the 85%-ish areas.. .. so I think that with me there is a bit of overaccumulation, even though I continue to be reluctant to overly engage in selling my winners (which is BTC).

I don't claim to know the answers, even though I am trying to still suggest that getting to some point of overaccumulation within your own definitions would help to assess if you have put yourself into a position of having more options, including that potentially evaluating how much is enough in light of your other assets, figuring out the extent to which you are going to be able to continue to accumulate (if needed), and then surely later if you have assessed yourself to have had reached overaccumulation levels, then figuring out if you might be able to engage in price-based or time-based withdrawals in terms of both budgets that you might have and perhaps even if you want to make sure that you continue to maintain a certain quantity of BTC or not.. I surely would like to try to maintain at least 0.63 BTC or more, but sometimes there might not be enough of a cushion.. and surely it is difficult to imagine that even someone with 0.21 BTC would not still be in his accumulation stage, yet people are at different points in their life too in terms of their abilities to continue to accumulate and if they might have to start to consider withdrawal techniques.. preferably sustainable withdrawal techniques rather than getting in and out of bitcoin, which does not seem to be a preferable approach.

[El duderino_]

Reasonanle time
In the dudes opinion
For vroom to appear

[philipma1957]

Reasonable time
In the dudes opinion
For vroom to appear

fixed  that for you

[El duderino_]

Haha typo

[sirazimuth]

Haha typo

Mine? If so, good catch. I corrected...

Hey now!  I need a diy dude who knows his shit. Do you accept bitcoin?
 (edited correction because dyslexic)

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Ambatman]

And what a Massive Comeback by Bitcoin!!!!

[sirazimuth]

And what a Massive Comeback by Bitcoin!!!!

I know its bitcoin   "GOING TO THE MOON!!"  
been there, done that, got the tee shirt... big yawn...

[Ambatman]

And what a Massive Comeback by Bitcoin!!!!

I know its bitcoin   "GOING TO THE MOON!!" 
been there, done that got, the tee shirt... Big yawn..

I don't know about moon.
Just enjoying the moment
I feel like saying
Bitcoin can never get to $80K





Would this speed it up