Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13736. (Read 26713440 times)

When you spend all of your sMerit, you will not be able reward any more mertis until you get more with one of the following two ways:
a) You are one of the 80 sources that get smerit replenished, so you can give out.
b)You earn 2 merits which gives you 1 sMerit to give out.

You gotta earn more to spend more.

yeah..how does that work.... I was legendary when I got some....so confused on what happens when you spend it all?

Yesterday, I had a $100 private purchase with a relative.

I know that some ACH bank transfers are free; however, after I discovered that my bank was going to charge me $3 to ACH transfer our $100 amount, we agreed to follow through with your transaction with bitcoin.

Let me say that I had done bitcoin transactions with this particular relative in the past  (I had sent him $10 when BTC prices were $385, and about a year and a half later, I had sent him $30 when the price was $420), so I knew that the relative was somewhat familiar with bitcoin, but I also knew that the relative was very doubting about bitcoin.  Therefore, I was a bit surprised that he was willing to do our transaction in bitcoin.  Before he agreed to receive the $100 in bitcoin, I made a bit of a sniping comment about his seeming lack of bitcoin enthusiasm, and I said something about him not even being able to figure out what was a bitcoin address.... hahahahhahahaha..

Anyhow, he agreed, and I sent the transaction, and I even included a bit more (sent him $105 when BTC prices were about $8,372) in order to be assured that everything was covered and he would be able to cash out with at least $100 at any time that he wanted.  Within less than 30 minutes of the transaction, he made his own sniping comment back at me and said that the BTC transaction was showing as pending as $104.81 - suggesting that it already lost value.

So I sent him back a text saying that he could cash out his bitcoin at any time and even though there are not guarantees, there remains a decent chance that at various points within the next 3 years that his received bitcoin will be worth at least 50% more than it's current value, and that there are not too many other assets that I would be comfortable making a similar kind of an assertion.  As I type this post, BTC prices are about $7,500, and the value on my wallet is showing the value of the $105 at about $106.91.

Accordingly, I conclude that my yesterday's Btc prediction to my relative was fairly conservative.  

Furthermore, with almost anyone getting into bitcoin, I feel relatively comfortable recommending at any Btc price point that they put at least 1% of their quasi-liquid investment value into bitcoin. Of course, any newbie bitcoin investor could increase that investment amount up to 10% and even though such an increased allocation would be more risky, it would not compose a very large amount of their total quasi-liquid investment capital.

Maybe some of you guys in bitcoin have been investing into bitcoin for several years, and maybe you did not put 100% into bitcoin, but you put a decent percentage, something like 5% of your initial investment into bitcoin?  But probably now the value of your bitcoin assets is in the 40% to 70% or more arena even though you may have also pulled out some or all of your initial investment?  

Is 40% to 70% allocation an Over-allocation into BTC?

I believe that my current allocation into BTC is about 75%, yet that allocation had grown to over 90% when the btc price had gone up to $19,666, even though my initial starting investment amount was in the 10% to 15% arena.

Am I Over-allocated into BTC?

My particular imbalance of value towards Btc came from Btc price appreciation over the past 2.5 years rather than from my putting that value into Btc but still doesn't seem to motivate me to want to pull out a lot of the value from Btc even when having such a volatile asset composing such a large percentage of my total does cause ongoing erratic value swings. Go figure.

There goes my last merit. I hope no one else posted such sensible stuff later on.

I voted (D), because I know I couldn't do any better than Infofront. A thankless job, almost invisible if swiftly managed. I would also like a few more distracting posts deleted - in the direction of (B), not A or C. The problem is drawing a straight line and, more importantly, spending the energy - physical and emotional - to implement it. Calling him out is really a bit unforgiving.

Let's be honest: We all do take turns in engaging such unsavoury characters. I agree that the auto-propagation of /ignore's to direct quotes would be quite useful.

TL;DR Necessary evil. Deal with it. Use that button if you must.

Nah, I think you are just quibbling. I still stand by what I said. With the exception of Jimbo and maybe a few other guys here over the age of 60, most I have met have zero interest in Bitcoin. They think it's a scam created by the gubmint to get everyone into their "centralized digital currency" in order to control them. They don't trust it. They trust PMs more. Plus a lot of baby boomers are just flat broke and in debt. They are spending all their money on bills and trying to enjoy life.

If you go younger, in the 40-50 yr old range, you find a lot of guys that are just flat out hostile towards Bitcoin, like it threatens their very way of life or something. You should of heard the vitriol that my (former) Accountant was spewing about Bitcoin in 2013. Thank god I didn't listen to that idiot and dumped him. Most guys in that age range I've talked to simply scoff and laugh at the notion of buying any bitcoin.

I believe that you have to go down to the under-35 crowd before you start finding many people with an open mind toward Bitcoin...

Not as entertaining as ChartBuddy, but for your monthly convenience:



Not sure why some thought the USD was superior to BTC this May.

Lol .... very good mister chow moment as well  

Me likes the way this guy thinks...



Here’s to not burning in hell...

Hey! I'm only in my 70s.*






*70 to be exact.

Haven't had a "real job" since I was 28. Work is the curse of the drinking class.

I just got the new Steelseries Sensei 310.  I've used pretty much all mice of note released and not since the original MLT04 sensor wheel mouse optical or G402 AM010 have I ever used a more responsive, twitchier mouse (but those were inferior sampling-wise).  For anyone with cash to blow, I'd get one of these to try it:

http://www.amazon.com/SteelSeries-Sensei-Gaming-Mouse-Split-Trigger/dp/B073WGB8G6

(do not install any of the software.  Just use it straight out of the box at 800 DPI 1000 hz with OS acceleration turned off.  Installing the software always bugs out internal settings on these things and you will probably never get it to feel as good as it did straight out of the box)

ChartBuddy
latest post

https://bitco.in/forum/threads/chartbuddy-archive-thread.1173/page-290

 ChartBuddy, Today at 5:05 PM

^chart buddy when?     ~free BTCeer when?    haha

Chartbuddy did not talk back to nobody.. merely provided a stream of continuous edumacation, and could fill the thread for hours and hours, just in case live peeps were not interested in posting.

The (((US Govt))) has been running a SHIT TON of these false alarms lately in order to try and test civilian reaction to them in preparation for the false flag of all false flags in the near future:

http://www.zerohedge.com/news/2018-05-31/prepare-action-cryptic-emergency-alert-sparks-panic-oregon-residents

chartbuddy was great. if you still want to see him:


https://bitco.in/forum/threads/chartbuddy-archive-thread.1173/page-290

 epic metaphor... or is it a simile?
idk... either way, I gotta a chuckle, thanx m8!

Noobs were banned from posting images entirely down to that freak's hard work.