Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 10096. (Read 26729426 times)

$10,067

Mic I need to change my vote on your Q3 game since I currently seem to disagree with my past bullish self!

Just tap it with a minimum buy to put it on the chart

HODLnap already been said, I do prefer HODLsleep
As the whole team does

https://bitcointalksearch.org/topic/q3-game-is-life-quarter-3-prediction-game-5160304

Sorry bump??

So let's say I live in Zimbabwe (the horror !) and I have loads of USD for some reason. The government bans its use, but regular people still love USD. It's also utterly easy to bribe myself out of any situation with USD.

Why in the hell would I buy BTC ?

The only reason I can see is as a move before fleeing the country ? Even then I'd try my luck on a small cessna, filled with my dollar bills, rather than paying that crazy premium for BTC.

Yeah, Zimbabwe followed by Korea, Japan if i am not mistaken.

Btw Just 2 sell orders of $76k, enough to publish articles for writers  . no one in right mind going to click buy button, with this kind of premium we need couple of drunk traders

I have a very similar story-a good IRA+regular account, was not satisfied with the fact that we have very limited investment opportunities there (no private companies, etc.)
I fully realized it when FB went public at 100-120bil valuation (BTW, AMZN only at $1 bil, but in a better time for regular investors).
There were literally dozens of funds which "feasted" on FB from a few mil to 120 bil.
I thought that it is a good time to start looking at asymmetrical deals and bitcoin was the first and the largest by far. I dabbled in others, to a limited degree (call it a hedge).
That said, I feel quite holistic about it. By selling a small part, I might be widening the circle, hopefully.

TL;DR bitcoin investment is like a private equity deal on a very promising venture. You can never get these (in bulk), unless you are Bono, lol.

Oh my,,,, your team seems to be devolving with each post, mic. 

Are you sure that a shift change might not be in order?  or maybe some of that HODLnap?

Largely, you have control over your own destiny Raja.. .one of the benefits of life... , which means that you and only you have discretion in regards to choosing what you read or not.   

Last time pre-BULL run, Zimbabwe also was in front with high price I think they traded 12K+ or someething when the rest was trading around 8K and neveer even saw 10K

Is this a sign

You better go back to nurturing your team because you seem to be grasping at straws in your attempt to find material significance in your assessments of daily averages in WO merit.   


 

Its just another JJG user.... don't mind that, bot taking over bot etc  

BITCOIN PRICE HITS $76,000 ON ZIMBABWE LOCALBITCOINS



Edit : Oops, I missed one page somehow and noticed that Paashaas already shared it. Sorry for the double post.

Merit was introduced on a Thursday and many users went overboard that day

Classic, most merit send on thursday, thats the day its STFU JJG

Almost all bets and even general price predictions in this thread are base on Bitstamp, so if you expect anyone to bet with you using another exchange as your price measurement guideline, then those terms should be abundantly clear.

In other words, I could give two ratts asses what bitfinex says.. because I already mentioned in an earlier post that we tend to use stamp here, and you did not make any such clarification that you wanted to use another exchange or another set of exchanges in your bet proposal.



I don't think that it is a BIG deal if $10k breaks, and therefore, that is why I was suggesting that your making a bet on $10k holding seemed to have been against the odds. 

Of course, the longer that the price stays above $10k, then the better the odds are that $10k is going to continue to hold and any kind of movement below $10k is only temporary, but even now, as I type this post, we are so damned close to $10k (within a couple percentage points), that it could take a bit of time and effort to get sufficiently above $10k in order that we can feel that $10k is in the bag and additionally that our yearly high of $13,880 is the next to come down.. which could take a bit of time to get back to breaking above that yearly high price point, too.



I can agree with that too.  I don't tend to make predictions that go much beyond 50/50, but once in a while I might call something as having higher odds in one direction or another and it is even more rare if I might call some next step as 60/40 or higher... but at this point, I would suggest that our low of $3,122 for this cycle is about 75% or greater that it is "in" and it is not going to be breached.  Sure, these are just my opinions and feelings, but sometimes there are kind of trends that can give more or less levels of confidence.

Coinbase depth looking oversold

Ok, even though our experiences are a bit different, and I likely have 20 years on you, so that makes a difference, too, but in the end, we are still saying similar things, which is that Bitcoin provides an investment avenue that is either not really available to regular people or regular people do not want to jump through such hoops in order to be able to participate in some of the investments that would have been available in years gone by (and might still be available to some insider people).

Anyhow, I felt that I had been making decent investments all of my life, but I tended to invest in index funds and things like that and also I tended not to venture out too much, but even before I had gotten into bitcoin in late 2013, some of my investments had gone up 30% or more in some years, and did not perform as well in other years, but still overall I was ONLY getting a return of an average of about 6% per year, and I have not completely gotten rid of those traditional investments (many of them index funds that are tied into 401ks), but they still are only returning in about an 6% per year average.

So, I figured that even if bitcoin returned a bit less than 6%, at least it seems to have a decent sized asymmetric bet component that also allows a hedge against my dollar investment and nothing else had even come close, even though I used to consider that gold could be in the hedge category, but not necessarily in the asymmetric category.

So, anyhow, it seems to me (and you seem to recognize it too) that largely, historically regular pleebs did not tend to have access to these kinds of investments.

And, having said all of that both you and I recognize that our portfolios are performing way beyond expectations, and so I was actually getting into a very comfortable status in my regular investments (that I still have), but bitcoin ends up being icing on the cake for me, in terms of propelling me into an area of riches that are greater than I had expected to have (almost like winning the lottery).....   

So, yeah, you are in a similar category, whereby you are going to be able to contemplate retiring a lot earlier than expected, yet I still believe that since you are not quite there yet (not quite to the "can retire" level), you should keep planning, preparing and doing what you can to facilitate continued movement in that direction, but still don't get too anxious or take it for granted.. even though the odds remain quite great, and likely continue to be great as long as you keep plodding along towards doing what you have been doing (which seems to be largely the right thing to continue to bring you in the right direction).  Psychologically, it is not good to lock yourself in too much for a plan having to play out within a particular timeline, because as long as you continue to make measurable progress that you can see then you can figure out if there is something reasonable and/or prudent that you should do in order to tweak your system a bit in order to improve getting the results that you would prefer.



At least you say that you believe that you have gotten better regarding this anxiety, but your thinking does seem to be a bit messed up when you are considering "what you had lost" because that part is on paper and it is going to fluctuate, even several years at a time, so perhaps you spend time beating yourself up too much but there might still be ways to consider whether there are reasonable and prudent ways to tweak what you are doing a bit more.  Everyone is likely to come to slightly differing results in terms of what tweaks to make, and you might even be different from your girlfriend/partner (but fuck her... hahahahahahaha)... Anywhooo, you know that we differ in terms of the things that we always list as being individualizations that we each have to measure, which are at minimum:  our other investments, cashflow, risk tolerance, views about bitcoin as compared with other investments, timeline, our skills, times and abilities to play around with our investments).



Actually, maybe I do read too much into it from time to time, but in the end, I am just using whatever outrageous (or not) thing that you posted as a spring board to post about the idea, and you do come up with some good ones from time to time, and yeah, I recognize that your posts go both ways, and sometimes some of them are just thoughts of the moment.. and that is fine, too.



I am saying that I have already become richer than expected, I expect to become even richer, but also, I have enough cushion in my investment and even my strategy and even my psychology that I am also o.k. if I neither become rich as fuck, even if I do not maintain the same level of excessive richness that I have already achieved and even if I become more poor. 

Of course, my preference is up or even maintaining, but even while I am ready, willing and able to accept going down a bit, in the end, there is also a certain level of going lower that would start to bother me, especially if I am having to go back to being a lot more frugal like I was in my earlier years and what got me to where I am today, but I have also gotten used to a bit of a splurging lifestyle that I prefer to continue and to even increase the amount of splurging that is possible.

Finex is still holding on by a thread..

But yeah I'm hoping that this recent pump isn't something of a dead cat bounce off 20k with more winter to come from here..
It's like too soon for another pump but too late for a winter bounce.. Not real sure what's going on, as we never really are..

Edit:

And here we have a 1k BTC buy order..


Last time I saw the 1k BTC buy orders coming..

We ripped..