Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13120. (Read 26607093 times)

Makes it appear that there is some kind of value in dabbling in other cryptos, besides bitcoin  - and seems like a possible BIG ASS waste of time and energies, while getting lost about what is the best of the long terms of the cryptos - and that is bitcoin.  Sure, maybe you can play around with some other cryptos, but you gotta be careful not to get lost with their distractions.. and even mentally considering some other cryptos as if they were long term and fundamentally competitive to bitcoin.

What you gonna do with your bitcoin, once it reaches $50k?  you totally cashing out and buying gold?   hahahahahahaha  

So, if bitcoin "crashes back to $10k", you will be protected, but would you be protected if bitcoin crashes from $50k to $500k?

Seems like I already asked you this, but I still don't recall whether your actual answer (plan) is reasonable in order for you to be able to really sit back and relax and be protected for a variety of scenarios:  What you gonna do?  What you gonna do?

PS:  Actually, part of the reason that I am asking this again with such earnest is because $50k is seeming more and more likely to be on its way... even compared to late 2017 / early 2018....   It is possible that we could be at $50k less than a year or it could take a few years, but it is seeming to have decent chances, especially after this most recent correction from $19k to $6k... and so we are actually fueled up pretty well for another shot... seems to me.


PPS:


I see if I had read ahead, then I will see that you have a kind of 50% and rough outline..   To the extent that you do not buy real estate, it sounds as if you might be cashing into fiat, no?  would that just sit in a bank or would you have it hedge invested in some kind of fiat investment that you believe to be more liquid than bitcoin?

That part that you quoted is really dumb... it is a very similar talking point that Vitalik makes about bitcoin being inefficient in terms of energy.

And, part of the dumbness of it remains that the mining of bitcoin remains individually incentivized in part based on electricity costs, so individuals are deciding freely how much to spend on their particular mining operation.  In the end, who gives a shit if they end up losing money or wasting electricity, because they are going to have to pay for it.. which also causes a kind of incentive for them to become more efficient in order to .. wait.. wait.. wait.....

attempt to make more profits.....

Capitalism free market at its best is to allow the individuals to decide and to gamble and hope to beat others in order to make more money for themselves.

pretty decent, this is all just noise in the falling wedge so far.  I put our next date with destiny in mid November when we will meet an ascending log trend that dates back to 2012.  Find support there and we are parabolic again, fail that support and we, finally, start to get real capitulation with 3K almost assured and 1200 not out of the question.

I, for one, am shifting my focus to fiat accumulation to be in a position to take advantage of the latter possibility.

No need to do much research. Many of his views can be "researched" just by making one stop at the Daily Stormer. https://dailystormer.name/

I think he said something about child trafficking being run but some Jews or something? I think it was something like that but I'm not going to go searching. Not sure, don't really care. I don't trust roach enough at this point to dig into some claim that he makes.

1-800-How’s-My-Driving




In other news:

I come and I go. What's news? Extropianism still popular with the kids?

Where the hell have you been?  The police have been searching everywhere for you.  Your mother has been worried sick.

And so on.

Bitcoiners.

Calamari for everyone!

You mean the calamari thing? You're kidding, right?

Pro-Tip:  Stop quoting them.

Barely any hit

Jojo that was EXACTLY my face. I think I was in some pit of despair without consciously realizing it because green candles have never in my life surprised me as much as these.

I’m still calling a top at ~ $7200ish.

Moar green please!

DST Global denies investing in Bitmain.  What a shit show.

https://cointelegraph.com/news/dst-global-denies-bitmain-ipo-investment-few-days-after-softbank-tencents-involvement-called-into-question/

6k8 now. 7k2 incoming