Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13052. (Read 26718160 times)

I’ll probably sell about 25-30% of my stash when we hit 50-60k & buy a massive house & put down some deposits for real estate to rent out.

Never sell all of it because after the halvening in 2024 we’ll likely see, well who knows, 500k per coin?

Either way it’s frustrating atm sitting on what most people would call a lot of money but myself, knowing I can’t spend it YET because it’s not enough to live on forever.

You suck! I'm not thinking about this one anymore!

Wait, maybe his grandma lent him another 1K?
Shit I lied!


It's always best to be first when dumping shitcoins.


Not sure about bitmain specifically but 7nm yields are shit across the industry, so don't expect them getting any massive returns on that front. Of course they are creating simple logic with minuscule footprint so the yields may be higher than industry average, It would be interesting to find out.


I don't know shit about BCH but it is a simple inheritance thing isn't it? Bitcoins original vision was not to be a store of value but a currency. BCH shills have been screaming since day one they will stick to that vision. So yeah there is that. don't get yourself caught in any circular logic trap here.

Bitcoin Takes Another Huge Leap Towards Mainstream Acceptance

https://www.forbes.com/sites/billybambrough/2018/09/25/bitcoin-takes-another-huge-leap-towards-mainstream-acceptance/

I play Scrabble regularly, and this is awesome - instead of seven-letter word, I'll now focus on making "bitcoin". Today Merriam Websters added "bitcoin" as a word as well.

Also:

Google ends cryptocurrency ad ban

https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

You seem to be outlining two reasons why there would not need to be a need to sell any BIG chunks, such as when prices reach $100k ... so I thought that my point was that if you just maintain some kind of reasonable ratio of BTC versus fiat, then you could likely continue to maintain that same ratio whether prices go UP to $100k quickly or if they take longer than expected to get up to $100k.

We might not be saying anything much different, and maybe if you have a specific thing that you want to buy at $100k BTC, such as a lambo or a house, then that's a fine consideration, too.

By the way, about two months ago, I was considering a fairly expensive purchase, and BTC prices were floating around, and I said that i would wait until prices reached $12k, but then I just said "fuck it" I am not going to wait.  So I made the purchase, since who knows when the price is going to reach $12k, and I already have the money available anyhow, so it is not really changing my BTC investment, but I suppose it could be money that would not be available if prices go below $3k. and I would not be able to buy as much BTC because I made "the purchase."

If we feel that we are in critical accumulation phase of our BTC investment, then of course we are going to be more frugal with our consumption, because all of that does eat into our BTC stash possibilities, but if we have a feeling that we have accumulated a decent quantity of BTC, then it can be o.k. to continue to shave a bit off, here and there along the price path (and maybe just have dollars and BTC available so we don't feel like we have to sell additional BTC in order to make some purchases of nice things).

I'll explain why:

1. I'm sure that bitcoin will rise further all the way up to 7 digits. It still is and will be the best investment.

2. By the time btc reaches 100k there will be no need to sell it for fiat. Everybody will be accepting it.

I think this could be a game changer. But I pray that they don't down the road change the rules and corrupt this.

In theory, by holding clients' bitcoin accounts for them directly, they can fractional reserve the bitcoin they hold, have re-hypothecation, etc. Even phantom shares of bitcoin. So hoping it doesn't go that way.

Good.

The question is how much is left and how hungry the Bakkts and Novogratzs of this world are.

I think this news is bullish (surviving another MtGox fall out...).

No shortage of ANNS for those places on these boards.
Only problem is 99.9% are scams. Good luck finding one that isn’t. DYOR...

Geez, I thought everyone already knew.  Enron, bitconnect and Ripple! Make sure you get Bernie Madoff to do the book keeping.

Tokyo Whale Sells $230 Million of Bitcoin in Mt. Gox Wind-Down

https://www.bloomberg.com/news/articles/2018-09-25/tokyo-whale-sells-230-million-bitcoin-in-mt-gox-wind-down

I don't really understand why it would be a goal to sell 30% to 50% of your stack..   at least not all at once.

Actually, if you sell on the way up, then it is likely that you won't need to sell BIG chunks - but I suppose everyone has his/her personalized approach and way of thinking of the matter.

I kind of think about the matter as "overinvesting a bit" in order to NOT feel bad to continue to sell as the price goes up and you don't have to sell a lot in order to be profitable and to supplement your lifestyle with your ongoing bitcoin profits.

Look at where we are at now?  We are at about 25x higher than we were in the vast majority of 2015 - which was largely in the mid-$200s for most of the year.  So accordingly, if anyone overinvested in 2015, then they are not going to feel bad to shed a few of those coins at 25x, are they?

Of course, your numbers for the price of each of your coins vary, but if you continue to invest all the way along, then also, along the way, you can shed a few coins, here and there, too, right?  especially if you have several years time line on each of your coins (in terms of when you are thinking you would be cashing them out along the way)  (and likely up, no?)

Bombshell: purchase a Dash Masternode?

Hey guys what are the known places to invest your earnings to generate more earnings?

I'm also planning to sell some 30-50% of my stash once the price hits $100k    Until then - HODL!

I had a small business with my friend, but I had to do so much. And we had to stop doing this business. In addition, we did work as outsourcers, because in my country the low purchasing power.

When I learned about crypto currency, everything changed for me. I'm currently engaged in trading and I'm very happy with it. The main thing is that there was volatility. When bitcoin will stand around 50,000 it will be very good, then I will most likely sell about 35% of bitcoins.

But my business partner looks a lot further, he considers bitcoin as a pension savings.

^
very nice dog .... name it bitcoin or so 
no enjoy it and take good care for it .... 

Guys, I made the coolest purchase for BTC. I bought a dog.Today I took it from the nursery. This Siberian Husky and her 1.5 months

November the 5th is when they start trading. Get ready for the new bull run.

understand you totaly we also have a family business .... like beeing here and work together with my father brother and employees ..... but the peoples that you have to deal with day in and day out pffffff

and for the rest if, i mean when they hit around 50K how are you gonna act , by selling all or 75% or 50%
i think for myself not easily to sell more than 30% of my stack    (when it hits prices where i wanna sell something) , actualy i think i would only sell if really needed , i think i can't bear it of taking coins of my main ledgers 

i think, one of my very few coins i see leaving the stacks are some give aways i maded into some games , but i also bought them especialy during some DIPS so in my head there already GONE