Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 10002. (Read 26720873 times)

Don't get me wrong, I am not a total gambling prude, but we should realize that gambling is not a good strategy for the vast number of people, but they can have fun with gambling if they are able to employ it with a large amount of moderation and they don't attempt to build their investment strategy around any kind of gambling approach.

Winning strategies tend to be a bit slower, more monotonous, but more assured of long term profits.. Frequently, if guys employ a gambling strategy (or approach), then they will always say that they will stop once they achieve x, but they frequently will continue to be tempted to try x+1 and then x+2 and then x+3, and at some point, the odds catch up and they are worse off than if they had merely employed a non-gambling approach from the get go, and then just continued to employ the non-gambling approach - with maybe only a small amount of side money that might be used as gambling/fun money.

I am not sure whether I follow the stringing together of these various thoughts, but I do agree with the idea that it helps to be able to witness a variety of perspectives in this thread, even if some of us might want to beat up on each other from time to time.. or even if we can figure out whether some of the peeps are genuine, if they are really peeps or if their ideas are somewhat consistent and understandable.

It is also interesting that this WO thread has evolved into a kind of "everyman" thread, and you get some peeps who chime in with suggestions that they have been following this thread for many years, and all of a sudden they will start to contribute or even to beat up on the trolls, shills and the misinformation dumbfucks - and no names need to be mentioned regarding the from time to time or even the persistent troll/shills - but there is a decent amount of pleasure to see that trolls and shills tend to be kept in a decent amount of check, here, as compared with some other places on the interwebs where it can frequently be quite difficult to sort through the misinformation bullshit.

By the way, I have also seen some people (mostly in other bitcoin-related threads) asserting that bitcoin's adoption is dying down and bitcoin just does not seem to be going anywhere in terms of the size of the community, but the actual evidence does not support those kinds of conclusions, so if anyone here is into bitcoin podcasts, some very quality bitcoin podcasts have come onto the scene - and sure there are shitty ones out there pumping altcoin bullshit, but we have a lot of good information sources out there, they don't really get paid for their content, and some of these great content sources have only come into bitcoin in recent times.. so we have OGs mixing with more newbies, and I have been noticing that some of the newbies really know their shit... and have figured out that bitcoin is the dog (aka king, aka not the tail).

I lost more than win in gambling. But sometimes it's f**king addictive.

ewwwww

For most people it is not realistic or even a practical suggestion that they should be striving to accumulate bitcoin through poker or other gambling methods.  Yeah, that might work for some peeps, including yourself, but the vast majority of people are not served well when they engage in a gambling lifestyle or to rely on gambling tactics to earn an income.

In other words, those gambling strategies might work for you, but that is a suggestion that is contrary to other BTC accumulation and hodl suggestions that you seem to be suggesting.  So, yeah, to the extent that you are suggesting to just keep buying bitcoin that is a great idea, but the vast majority of peeps do not win money in gambling and cannot win money in gambling, even though that might be one of your personal eccentric specialities (purportedly).

The odds for below $4,250 seem pretty damned low, even though that was our breakout point.  How far below 40%?  Maybe 33%-ish? 

So, yeah Lindy effect and momentum suggest that we are more inclined towards UP rather than down, and even a break down to $7k would not really negate any BTC UP thesis.

Frequently, it can be difficult to assign probability values to various price directions and how far it is likely to go in one direction or another.

Recent times, I have heard from relatively credible Bitcoin proponents that we are likely to go to $8,500 or below before going back above our local yearly high ($13,880)...... so whether those predictions are reasonable or not, I still would wonder whether such a down correction to $8,500-ish would at this time would have a value greater than 60%, and surely if we were to go UP before DOWN, then the down before up thesis would not be completely negated, it would just need to be reassigned different values.. and likely there should be a bit of an assessment that buyers are just not sufficiently able to keep up with higher and higher prices.

Either way, we seem to be sitting pretty damned pretty with these ongoing supra $10k prices and with the passage of time, it seems quite likely that more and more buyers are catching up to this price.  No complaints from this cat.  Meow.

Just got to raise them right, spare the rod and all that...says the non-parent 

BIG

More sentimentality but you never know what technology will bring.

I'll dry it out in the sun and remember the days when I was not incontinent and even got the occasional erection.

I may even wedge it between my thighs every Christmas eve.

No kidding !  

Congratulations brother. Sometimes you will feel bore but married life is a treasure, trust me. Enjoy it in full 🙂

At the age of 43 or 44 or whatever I am I don't think I could face someone under 30 and that's pushing it, more like 35. I'd have an irresistible urge to pat them on the head and offer them grandfatherly advice.

Nothing to do with maturity or not, much more to do with different stages of life which can't be manouevred around. Can't really see the point in investing time in someone when what seems barely noticeable now becomes a full on burden when I'm keeping my prostate in a glass by the bed. I'd rather rot at a similar pace to my piece of meat.

this

the hardware dongle, in my case trezor, has never been out of its packaging

Second one is definitely my style

Yeah. After his speech for the fourth of july and messing up what happened in american history there is no more shame to this orange man. He blamed it on the teleprompter malfunctioning.
Now get to think of it, I believe he tans himself so dark because he wants to seen as gold member from the austin powers movie.

Ok, so who's gonna post the first picture of a botoxed grandma with huge boobs ?
Me !



No ? Wait, you're right, we can't see the tits.
How about this 47 yr old grandma then ?

Triangle broken upwards! I'm bullish short term.
As well as long term of course.

Unless they want to get rekt by banks, they should keep reserves in whatever people use to buy and sell LIBRA. That would be more than 0.1%.

via Imgflip Meme Generator

And f*** why i’m I thinking of r0ach in this street??