Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13210.

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: vapourminer on September 06, 2018, 06:19:29 PM

Quote from: BTCHadzija on September 06, 2018, 04:09:10 PM

Quote from: Gyrsur on September 06, 2018, 03:43:52 PM

yup, working 7am to 6pm. acquire more FIAT which we can exchange to BTC. get rich and retired in 2022.

you've been in this game way longer than I have so I just want to ask some questions, hope you don't mind.

Does the fact that you bought bitcoin like 5 years ago make any difference on the life you live right now moneywise, do you take profits and buy stuff you otherwise couldn't afford with your job, or do you just reinvest more?

im not Gyrsur but i mined btc back in 2011 onward and also buy/bought here and there over the years.

my answers are huge yes, big yes, and yes.

May I ask what is the percentage between total incoming BTC over that time and currently hodl'ed BTC is? Or maximum BTC hodled vs currently....

vapourminer

legendary

Activity: 4354

Merit: 3614

what is this "brake pedal" you speak of?

Quote from: BTCHadzija on September 06, 2018, 04:09:10 PM

Quote from: Gyrsur on September 06, 2018, 03:43:52 PM

yup, working 7am to 6pm. acquire more FIAT which we can exchange to BTC. get rich and retired in 2022.

you've been in this game way longer than I have so I just want to ask some questions, hope you don't mind.

Does the fact that you bought bitcoin like 5 years ago make any difference on the life you live right now moneywise, do you take profits and buy stuff you otherwise couldn't afford with your job, or do you just reinvest more?

im not Gyrsur but i mined btc back in 2011 onward and also buy/bought here and there over the years.

my answers are huge yes, big yes, and yes.

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: lightfoot on September 06, 2018, 05:53:57 PM

Oh you need a blowjob blockchain. We used to use blowjobs as units of currency back in the early dot.com days. You could redeem them at any time, however the person redeeming got to choose the person to perform the blowjob. Because the currency was to have no intrinsic value, only as a medium of exchange.

Thus you could get an A1 class hooker or someone from SW DC on a Thursday night. Worked well for a number of years, I think I might still be owed a blowjob or two from the heads of FTP software. Hm.....

Hey, it sounds depressing to compare bitcoin to the dot.com bubble. Just saying.

I don't think blockchain has reached the level of ubiquity and mass fomo dot.com reached during that time. No(fucking)where near that level... yet.

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: El duderino_ on September 06, 2018, 03:25:57 PM

24777$

03/08/2018 toxic2040 Sad

28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE AND GOOD LUCK

I would be very happy if gentlemand wins this list. He has a very ~~good~~ reasonable chance IMHO.

P.S.: I wouldn't like luckygenough56 winning (or never winning) it because of... reasons. Nothing personal though.

El duderino_

legendary

Activity: 2758

Merit: 13660

BTC + Crossfit, living life.

via Imgflip Meme Generator

Curious what morning is gonna bring .....

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: HairyMaclairy on September 06, 2018, 04:27:37 PM

Quote from: infofront on September 06, 2018, 02:43:38 PM

If BTC hits 6 figures this year, I'll blow everyone in this thread.

Saving this just in case.

I'd love to see a spike to $99999.99 just because.

Quote from: DireWolfM14 on September 06, 2018, 05:14:28 PM

Quote from: infofront on September 06, 2018, 02:43:38 PM

If BTC hits 6 figures this year, I'll blow everyone in this thread.

Slow yer roll there, big guy. [praying for $99999.99 BTC, and not a penny more.]

Hah, same thought. Cheesy

Quote from: lightfoot on September 06, 2018, 05:53:57 PM

Oh you need a blowjob blockchain. We used to use blowjobs as units of currency back in the early dot.com days. You could redeem them at any time, however the person redeeming got to choose the person to perform the blowjob. Because the currency was to have no intrinsic value, only as a medium of exchange.

Thus you could get an A1 class hooker or someone from SW DC on a Thursday night. Worked well for a number of years, I think I might still be owed a blowjob or two from the heads of FTP software. Hm.....

I got an offer of free blowjobs to jump pool teams from a team of chicks.
Lol the good ol days.

lightfoot

legendary

Activity: 3220

Merit: 2334

I fix broken miners. And make holes in teeth :-)

Oh you need a blowjob blockchain. We used to use blowjobs as units of currency back in the early dot.com days. You could redeem them at any time, however the person redeeming got to choose the person to perform the blowjob. Because the currency was to have no intrinsic value, only as a medium of exchange.

Thus you could get an A1 class hooker or someone from SW DC on a Thursday night. Worked well for a number of years, I think I might still be owed a blowjob or two from the heads of FTP software. Hm.....

d_eddie

legendary

Activity: 2520

Merit: 3038

Quote from: HairyMaclairy on September 06, 2018, 05:26:52 PM

Quote from: d_eddie on September 06, 2018, 05:20:04 PM

No public BJ promises made in the WO thread have ever been honored as far as I know. Bitcorn can go as high as we like, and no mouth muscle will be involved.

We need a trustless global BJ system

Indeed. And don't forget about distributed. Which would entail a number of, uh, operators alternating on the job, I suppose? Of course only a single lucky one will get to, hm, validate eventually - but the reward could be shared among all those in the pool.

JayJuanGee

legendary

Activity: 3962

Merit: 11519

Self-Custody is a right. Say no to"Non-custodial"

Quote from: BTCHadzija on September 06, 2018, 04:09:10 PM

Quote from: Gyrsur on September 06, 2018, 03:43:52 PM

[ edited out]

you've been in this game way longer than I have so I just want to ask some questions, hope you don't mind.

Does the fact that you bought bitcoin like 5 years ago make any difference on the life you live right now moneywise, do you take profits and buy stuff you otherwise couldn't afford with your job, or do you just reinvest more?

I recognize that your question is not directed to me, but it remains quite possible to do both of the things that you are asserting and you do not have to have more than 5 years in bitcoin in order to have both built equity and established a system in which you are able to cash out some of it for enjoyment purposes while continuing to invest into bitcoin.

Furthermore, contrary to what you seem to be implying (regarding value in "enjoying life") there may be a considerable disadvantage to cash out too much of your bitcoin for either consumer goods (greatly depreciating assets or consumable) or placing your value into assets that either do not hold their value or do not long term appreciate as much as bitcoin (even while short term some other assets might either depreciate less than bitcoin or appreciate more than bitcoin).

d_eddie

legendary

Activity: 2520

Merit: 3038

Quote from: JayJuanGee on September 06, 2018, 05:24:37 PM

Quote from: d_eddie on September 06, 2018, 03:55:11 PM

Quote from: Torque on September 06, 2018, 03:17:30 PM

'Cause whales want you to buy Bitcoin during a downtrend. Never during an uptrend (except near the next blow off top).

JJG could be a whale then Tongue

It seems to me that the practice of buying on the way down and selling on the way up is a "well-established" practice. It is certainly no original idea from me, I just happen to spout it off on a regular basis because I remain pretty strict in continuing to follow such a practice and I believe that it works quite well, especially for any asset that you expect to have strong long term fundamentals (i.e. bitcoin).

Gosh.. actual "whale" status would seem to require several thousand coins, no - unless the "whale" figures out a way to manipulate with smaller coin quantities, perhaps using smaller exchanges, and of course, being able to influence others through information could cause a lot lower coin requirement to reach "whale" status?

Actually I was just teasing Grin

Buying on the way down and selling on the way up is the sensible thing to do for long term bulls - which, I guess, most of us are.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: d_eddie on September 06, 2018, 05:20:04 PM

No public BJ promises made in the WO thread have ever been honored as far as I know. Bitcorn can go as high as we like, and no mouth muscle will be involved.

We need a trustless global BJ system

JayJuanGee

legendary

Activity: 3962

Merit: 11519

Self-Custody is a right. Say no to"Non-custodial"

Quote from: d_eddie on September 06, 2018, 03:55:11 PM

Quote from: Torque on September 06, 2018, 03:17:30 PM

'Cause whales want you to buy Bitcoin during a downtrend. Never during an uptrend (except near the next blow off top).

JJG could be a whale then Tongue

It seems to me that the practice of buying on the way down and selling on the way up is a "well-established" practice. It is certainly no original idea from me, I just happen to spout it off on a regular basis because I remain pretty strict in continuing to follow such a practice and I believe that it works quite well, especially for any asset that you expect to have strong long term fundamentals (i.e. bitcoin).

Gosh.. actual "whale" status would seem to require several thousand coins, no - unless the "whale" figures out a way to manipulate with smaller coin quantities, perhaps using smaller exchanges, and of course, being able to influence others through information could cause a lot lower coin requirement to reach "whale" status?

d_eddie

legendary

Activity: 2520

Merit: 3038

Quote from: DireWolfM14 on September 06, 2018, 05:14:28 PM

Quote from: infofront on September 06, 2018, 02:43:38 PM

If BTC hits 6 figures this year, I'll blow everyone in this thread.

Slow yer roll there, big guy. [praying for $99999.99 BTC, and not a penny more.]

No public BJ promises made in the WO thread have ever been honored as far as I know. Bitcorn can go as high as we like, and no mouth muscle will be involved.

DireWolfM14

copper member

Activity: 2338

Merit: 4543

Quote from: infofront on September 06, 2018, 02:43:38 PM

If BTC hits 6 figures this year, I'll blow everyone in this thread.

Slow yer roll there, big guy. [praying for $99999.99 BTC, and not a penny more.]

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: HairyMaclairy on September 06, 2018, 04:27:37 PM

Quote from: infofront on September 06, 2018, 02:43:38 PM

If BTC hits 6 figures this year, I'll blow everyone in this thread.

Saving this just in case.

So you can be first in the queue...? Wink

JayJuanGee

legendary

Activity: 3962

Merit: 11519

Self-Custody is a right. Say no to"Non-custodial"

Quote from: serveria.com on September 06, 2018, 09:52:16 AM

Quote from: LFC_Bitcoin on September 06, 2018, 09:29:05 AM

I still don’t like seeing the price dump but it doesn’t worry me anywhee near as much as it used to.

Exactly, we, the long-time HODLers have become immune to these dumps. We're bullet-proof guys!

I doubt that we are immune because we are "bullet-proof," yet I do believe that a vast majority of the longer term HODLers are much more in profits than they were during 2015.. makes it much more bearable to HODL through extensive ongoing price corrections (dips) when your portfolio is between (4x and 30x) in profits (amount of profits depending on how low your current average cost per BTC).

JayJuanGee

legendary

Activity: 3962

Merit: 11519

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Polkeins on September 06, 2018, 09:25:25 AM

I guess market looks like this right now after 900$ candle

What a bunch of bullshit.

It may be true that crypto overall (not talking about bitcoin) has a certain amount of exodus, but you are posting in the bitcoin thread, so don't be dragging bitcoin into the shitcoin market dynamics that may well be contributing to our current weak hands shaking dynamics, which likely includes bitcoin... any price manipulator is going to attempt to shake any project that s/he can reasonably shake, if s/he thinks that he can make some money from such shaking... which includes bitcoin.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: infofront on September 06, 2018, 02:43:38 PM

If BTC hits 6 figures this year, I'll blow everyone in this thread.

Saving this just in case.

JayJuanGee

legendary

Activity: 3962

Merit: 11519

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Rosewater Foundation on September 06, 2018, 07:15:53 AM

Quote from: mike4001_ on September 06, 2018, 01:07:09 AM

Should I start swing-trading?

How many times did we now exceed 7k for 1-2 days just to fall back to 6-6,5k ?

My next hopes are set out for the Halving in 2020 ...

Yes, you should be trading. The more pessimistic the better. Hodling has been a suckers game all year. Look to it.

HODLing tends to be amongst the best of strategies, when it comes to bitcoin. If you try to parse out a time frame in which it has not worked, then you are just causing yourself to be overly and unnecessarily emotional about a largely good investment (BTC) and a largely good strategy (accumulate and HODL).

I am not speaking theory. because I do a bit of a variation of HODL, which allows for a bit of small selling on the way up but the vast majority of my funds fits into the category of HODL, and those funds are doing quite well... and likely to do quite well into the future (3-5 years is fair and reasonable, but perhaps even a shorter time frame will show significant HODL price/value appreciation), as long as I don't become too short term emotional about them.

STT

legendary

Activity: 4172

Merit: 1462

I dont want people to buy anything really, use the blockchain for utility that enables your business is really all that I expect to move the market in the end. If a more efficient product does this job better then thats the economy that will succeed over BTC I guess. Long term its not going to be dollars which achieves a better economy, not how its looking now and according to some its impossible for it repay that debt already taken out but who knows how things take place exactly.

Since BTC has no debt but also no ability to demand it be used as payment its very much uneven in its prospects and subject to speculation, not everyone can handle that. I still think improving usability will yield gains further down the road from a higher population

Bottom prices recently hits a longer term trend on the weekly bars -

https://i.imgur.com/AXcFRQl.png
The blue MA line works out as a 50 week average

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13210. (Read 26729164 times)