Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13813. (Read 26711069 times)

Most of investing is done with borrowed money lol. There is such a thing as good debt. But if you're happy with your financial situation, then good for you. Keep doing you.

                                                                                                              

Actually, there is a bit of an experiential point here that makes sense. 

I recall way back in 2016, I had made BTC selling projections that tentatively hypothesized how much BTC I would sell at various points up the ladder, and surely in mid 2016, there were a lot of folks who stated that they would sell all their BTC at various points above $1k, and $3k to $5k seemed a bit fantastical even within grasp.

I had maintained a tentative price projection of $3k to $5k as being towards the top of the possible next BTC price upsurge, but even those numbers seemed a bit out of grasp with low probabilities, especially in the near term.

In mid 2017, after BTC prices had passed through $1k and $2k, and had already tested $3k resistance, without breaking it, I felt that I had to revise my expectations of the upper price range into the mid $7k territory, so each of these price projections were hypothetical and provided some outlines about how much BTC to sell on the way up, and tentatively projected the amount of cash that would be generated based on such BTC sales.

The reality of the actual BTC price passage above $7k and then breaking above $10k and $20k caused me to have to rethink my own situation based on the actual specifics about what to do with all that money that in actuality had been generated rather than being merely hypothetical and on paper....

Surely, when we do not have very much money, it makes a lot of sense to leverage money through loans, especially when we are buying likely relatively appreciating and possibly non-correlated assets, such as real property.  On the other hand, contemplating leveraging and the various burdens of loans, seems to be more of a hassle than it is worth when contemplating actual places to deploy excess dollars...

Gotta congratulate you jbreher, if you were lucky enough to pull out a bit of excess dollar generation in price areas that were in the ballpark of 20x beyond the short term BTC price expectations that many of us were having in mid-2016.. 

That is functionally equivalent to investing borrowed money. I'm not willing to invest borrowed money. Bitcoin is neat. I understand the protocol better than 99.999% of people, and I think I understand enough about economics and fiance to see the value proposition in that protocol, but I still don't trust myself nearly enough to invest with borrowed money. There could always be some part of the picture that I'm just missing. It's not worth losing everything I have because I made an error.

I don't care if you cashed out at 20,000 per btc and made half a million dollars. That doesn't change what I said. Buying a house in cash is a waste of equity. Think bigger!

Optimize it with ezgif.com, then resize it until it's below 2MB.

https://ezgif.com/optimize

https://ezgif.com/resize

Afterwards upload the smaller image back to imgur.

Your original.

https://i.imgur.com/RyK5sjF.gif

Your original shrunk.

https://i.imgur.com/PzTe2Qy.gif

Hey, all those Diet Pepsi boxes could come in handy some day.

This is a show on national television.

Bite me.

You know that it is not right to DOX peeps, right?   

Stay tuned for the next episode of Hoarders - Buried Alive where the wall observer continues to hoard all of their bitcoins at all costs and develops a serious roach infestation.

Quick - Someone send a shipment of bananas to the bcash development team so they can fix this shit!

You fool. Don't you know you've already lost?
Your pathetic weapons are of no threat to us. We control the mining and ASIC production.
We own bitcoin.com, /r/btc on reddit, and @bitcoin on twitter.
Bitpay, the only major bitcoin merchant processor remaining, has been shilling bcash for months. Brian Armstrong of Coinbase is in our back pocket.
Didn't you hear? We have Craig Wright on our side. Yes, that's right - Satoshi Nakamoto himself has fallen under the dark influence of bcash.

As we speak, Ver is sending his Roger Wraiths to secure bitcointalk and /r/bitcoin at any cost.
Soon enough, your precious Theymos will be just another sockpuppet in our endless bcash army!
There is no hope. It is only a matter of time before we control the one blockchain to rule them all.

First BILLION DOLLAR IPO.

Geez.

https://www.bloomberg.com/news/articles/2018-05-15/bitcoin-mining-rig-maker-canaan-said-to-file-for-1-billion-ipo

and now for something completely the same.....more Wall Street medding in Crypto USURY:

https://techcrunch.com/2018/05/16/cryptocurrency-compound-interest/

OK then, try an electric bike!  I bought mine with BTC last summer. 

Carbon footprint and all that..... considering we support global energy hog BTC, it's the least we can do.

when lambo?  

 

gotta step in here quickly.......   please when paying more than avg for a car than go for the real engine and the real feeling not Electric  (doesn't have to be lambo offcourse.....)BUT real engine's when its still possible maybe in a few years there gone to ....
Electric or something will replace oil engines but for the moment i really don't like electric cars yet

so just gonna try converting tomorrow and see whats gonna happen thx allready (just can't find my way very good on these sites ,  made the gif after long time to now figure out its to big so the quest on finding to resize will start tomorrow)
          .....    i'm a very not good with computer guy so thats why its all taking so f******  long  , my girlfriend ,young, blond hot as hell can probably fix this instant BUT i hate asking here these relatively "easy" things (easy for computer peeps )

for the rest thanks again    and buy BTC @this low prices thats something i can advice ....... buy/hodl before we take off to the unknown

 Aww shit.  Here all this time i thought Lambo was a car!  Disappointed...