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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13273. (Read 26731682 times)

sr. member
Activity: 392
Merit: 254
Tentacle teal? Sea-beast cyan?
legendary
Activity: 3920
Merit: 5565
Note the unconventional cAPITALIZATION!
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
guys, guys

the cephalopod fetish stuff was bad enough, can we not hold forth on salad tossing please?
hero member
Activity: 605
Merit: 634

top post . sent u a merit
Quoting the obvious trolls are bad enough.

[/ignored]
sr. member
Activity: 392
Merit: 254
Your techniques of self-regimentation are remarkable. I've just been eating ass for the past 8 months. Oh well, live and learn. One would imagine.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
1) Set up a ladder of equally-spaced limit sell orders above current price, each for the same small increment of your stash.
2) Set up a ladder of equally-spaced limit buy orders below current price, each for the $USD value of the sell increment above it.
3) Harvest the volatility.
4) Profit. And relax, knowing that you are set up to maximize returns in any environment.

Well, that's my suggestion anyway.

In my opinion this is exactly the right way to do it if you're a long term bull. And assuming you don't have to sell sooner to pay the bills.

My plan assumes you're already sitting on a stake big enough for all anticipated lifetime needs, given your expectation of eventual Bitcoin price.

Quote
Although when it came time for me to sell during the 20k run-up, I sold less than my plan told me to. You know what stopped me? The thought of triggering capital gains.

I sold more than the above plan. I recognized the likelihood of the blowoff top,

For me, just sticking with the incremental sell plan created way more cash than I was ready, willing and able to spend, so that higher than expected amount of cash was well placed as a reserve for any kind of severe correction, which we ended up having.  I am still in kind of a mental dilemma whether our last BTC price peak had resulted in a blow off top.  I will concede if the correction lasts for more than a year and if we are in the below $10k doldrums for more than a year.. then perhaps last year's BTC price peak could be fairly classified as a blow off top.  However, if we get something else, and even perhaps a return to another price peak that rises us above $10k before February 2019, then maybe our real blow off top for this exponential growth period (and perhaps series of peaks like 2013) is yet to come... which could mean that $100k is within grasp.


and I wanted to buy my lambo.

I am more likely to consider a figurative lambo than an actual lambo.. .because even though they do seem to be a bit of a sassy show off car, it just seems a bit too much for my personality.... Although the next time around, if we get another peak after going above $19k we could get into a kind of figurative lambo territory for myself , but really just to throw money as pocket change, would perhaps have to wait until the 2022-2024-ish price peak(s).  At a certain point, a lambo could be a kind of pocket change? 

Even recognizing the spike would be followed by an imminent retrace, I probably would not have accelerated my sells if I did not have an earmarked expenditure. For the next spike -- whenever it materializes -- will dwarf this last one.

I think that you are saying something that describes both thoughts and a position of increasing wealth that seems to be similar to mine.  I could actually go out and buy a whole lot of luxury items, and that would likely be in contemplation of a BTC price that rose and had come back down, but still came back down to such a level that I am still considerably more wealthy than I had expected to be.

If you think about it, a peak at $19k was about 3-5x higher than any of us had reasonably considered our spike to be.. so maybe we could have reasonably thought that the 2017 spike would be $4k to $8k or something like that, and then ramp up for a run at $10k in the next exponential trend, but then when we actually got a spike to $19k our retracement actually brought us back down to the high levels in which we may have reasonably thought to have been the top, rather than the bottom.  It is reasonable to NOT take too many profits and to see what is going to happen, and it is also reasonable to expect that there remain decent chances that in the near future that we are going to experience another spike above $19k that goes decently high... but hey, even if such spike does not happen, there still seem to be a lot of opportunities to cash out BTC and receive extensive profits, whether those profits are shy of $19k, just in territories above or 3x $19k or even into the $100k plus territories that also seem reasonably likely whether it takes 4months or 4 years or some other variant.


Capital gains are a natural result of profits - they're a lot more affordable than a 2/3 haircut.

No problem trying to figure out ways to pay less taxes, but if there are reasonable lifestyle purchases, such as a lambo or even a lambo substitute, better to just declare everything outright rather than spending too much energy to try to save on taxes but then miss opportunities to enjoy the fruits of your years of investment and HODLing.
sr. member
Activity: 392
Merit: 254
During these past decades the profession of eating ass has markedly diminished. It used to pay very well to eat ass, out in the open air. But alas this is no longer the case. We live in a different world now.
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!


How does one exchange some ass eating for some pumps?? "Submit your 'ass eating' videos on website for donations!"

Cheesy Cheesy Cheesy
legendary
Activity: 4284
Merit: 5215
You're never too old to think young.
legendary
Activity: 3808
Merit: 7912
^
By than minimum pricess are 1 satochi/dollar there or No cent pricess anymore Wink

Mic, please......
Satoshi  Wink



WoW capitol mistake
Thanks for correcting SIR (have a free day @barca and a few wines as cheap labrusco’s and with the sun feeling the little alcohol ....) So let the alcohol take the blame on that one  Roll Eyes

 Mic, please.....
capital mistake   Embarrassed
legendary
Activity: 3822
Merit: 5504

What benefit of doubt? The guy has demonstrated countless of times how full of shit he is.

I am fully expecting the day when we can see the thousands of patents he says he has been maniacally submitting during the past few months. Spoiler: https://www.youtube.com/watch?v=4lQ_MjU4QHw

Well, he had Gavin Andresen fooled for a hot minute. I was just liking the flack he's been giving Jihan Wu, lately. I'm hoping Samson Mow is correct, and Bitmain is facing all kinds of trouble. Can't wait for that whale to be thoroughly harpooned by this bear market.

True professional conmen, grifter types, can fool just about anyone. Even the smartest people.

The problem is that CSW doesn't know when to keep his mouth shut. His egotistical mouth overloads his ass. He spouts off ridiculous drivel than even Satoshi couldn't think of if he was drunk and high. He blew his own con-job.

"Better to keep your mouth shut and be thought a fool, than to open it and remove all doubt."
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Meantime bitcoin seems to be stuck at $1.00 at coinmarketcap.com. Ah well will it ever go up?
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Yeah but you like the new Porsches. Try expanding your horizon to some of the classics and you'll be amazed at the smiles per gallon :-)
sr. member
Activity: 392
Merit: 254
I think it's a bit late for that.


Absolutely gauche !

Yeah. What colour is yours?
legendary
Activity: 3920
Merit: 5565
Note the unconventional cAPITALIZATION!

EDIT: For the record, I don't recommend eating ass. It's terrible.

Appreciate the tip.
sr. member
Activity: 392
Merit: 254
Back observer BTC/USD:



I like it, but it would probably be in everyone's best interest for bitcoiners not to come off as elitist jerks.

I think it's a bit late for that.

legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Back observer BTC/USD:



Or for them that Just don’t let uppertunities fly by...... or Just those take are willing to take a risk but are not very smart..., or those that Just don’t f****** like the financial systems, or those that Just see iT as a suprême BET with an amazing upside value against only losing what iT costs right now or When they bought iT and soooo Many more reasons .... Just be a part of iT  Grin
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
gonna have to edit this ... 48:65 months gives us 2nd peak around ~may 2019 ... so maybe ramping up again late '18, early '19?, who knows.

IF we repeat the 2013 twin peak pattern after 1st halving, and adjusting for extended peak-to-peak timeline (22months:30months), we could be looking at final 2nd halving bull run blow-off phase beginning soonish and peaking out ~early-Feb 2019 (48months:65months) ... slower but in the same ratio.
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