Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1446. (Read 26710408 times)

Explanation
Chartbuddy thanks talkimg.com

Explanation
Chartbuddy thanks talkimg.com

Well, i guess he didn't ever visit this thread (or forum), then...

https://cryptopotato.com/ecbs-christine-lagarde-says-her-son-lost-big-time-in-crypto/

ECB’s Christine Lagarde Says Her Son Lost Big Time In Crypto

  The anti-crypto President successfully turned her son against digital assets after he lost 60% of his crypto investment.

  Christine Lagarde – president of the European Central Bank (ECB) said her son lost “almost all” of his investment in crypto despite her repeated warnings not to touch the asset class.

  Due to the losses, she claims her son has now “reluctantly accepted” that she was right.

The Lagarde Family’s Crypto Investments
 
 Lagarde discussed her son’s poor crypto journey at a town hall with students in Frankfurt on Friday.

 
 The president has long railed against cryptocurrencies, insisting that Bitcoin is not money, but rather a “highly speculative asset” that is popular among criminals for money laundering.

While open to letting investors buy what they like, she advocates for strong regulations encouraging consumer protection in crypto while mitigating its use in terrorist financing. When it comes to central banks possibly owning Bitcoin, she’s called it “out of the question.”

Yet in May 2022, Lagarde revealed that one of her two sons was diversified into crypto, while still maintaining that crypto assets were “worth nothing” and “based on nothing.” Bitcoin traded for $29,100 at the time, shortly following the collapse of algorithmic stablecoin protocol Terra which tanked crypto markets across the board.

The president has two sons, both of whom are in their mid-30s, though she didn’t reveal which one was the crypto investor.


 

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 Sounds like a self-fulfilling prophecy or a made up story.  I wonder what she told him to invest in 2022 instead... Shopify? lol
 Hey, Christine Lagarde's son!  Look!



 It's never too late

Explanation
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I don't think I'm a bot, but I guess THEY would program me to say that. 

10 earn dirty fiat
20 stack sats
30 hodl
40 goto 10

Throw in some pleasure sub routines and find your joy!

@SamReomo, small FTFY:

Today Bitcoin reached $38425 in value and I'm pretty sure that in just a matter of days it will go to $39k then $40k and I'm still pretty sure that Bitcoin has potential to reach $50k before 2024. At least those who have bought their Bitcoin at $19k during the dip are at around 100% profit already. I know that most of those haven't bought all of their Bitcoin at $19k because of the DCA strategy but I'm pretty sure that they are also at profit. Hold your Bitcoin, it's just the beginning!

Explanation
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so you rather buy at 40k+ than 37-38k?

why not get at 37 then 38 39 and 40

 So, ah...  200% rise starting at $16k on any other day would give you $48k but I get it, you're full of turkey and stuffing so it's Thanksgiving math.  Amen.

Chopper no doesn't lie.  Go figure!


Probably you need a bat slappening.


Sounds like fun - I am looking forward to it.


Protip:  You could look in the mirror if you are hoping to witness a hyperbolic evil wannabe.


You can say that again.

Thanksgiving day $16k #Bitcoin in 2022 vs $37k Bitcoin in 2023 https://t.co/jNquwux9yl

Thats more than 200% rise!!

Hoping to see btc go 70k + in 2024!!

Not hugely invested in btc right now but i think if it hits the 40k mark this year thats a good entry point for me

Explanation
Chartbuddy thanks talkimg.com

Explanation
Chartbuddy thanks talkimg.com

Chugging along happily. Will we repeat last ATH, at least in the weaker AYH version? We'll know soon.

correct

I feel that I need to supplement my earlier post because there are both questions of potential over-investment, but there can be other reasons to have sell ladders on the way up, and I am not even sure if I would be defending Philip in this situation because he seems to make trade-offs that are different from the ones that I make, and it seems to me that he is frequently tweaking his approach based on price predictions rather than just letting the BTC price come to him, and so in that regard, I think that he may well not be as overallocated into BTC as he should be (which would less justify making sells on the way up), but there are also ways to incorporate sufficient restraints that he is not playing around too much with the BTC price. Another thing that surely he has is the age factor, and even though he had made statements about working until he is 72 or something like that (which surely is only 5 years from now), which gets me to consider that he might NOT be close enough to fuck you status...even though  surely when people reach those kinds of upper 60s ages, there can likely be needs to be more into cash than younger people.

Maybe we could hypothesize a person like Phillip (let's call him HypoPhil), and sure the hypothetical might not get the facts right exactly but still we could put together a package to make it seem more realistic also in terms of how a sell on the way up ladder might work.

Let's say that HypoPhil has right around $1 million in quasi-liquid assets that also includes his BTC, and so $1 million would constitute his total investment portfolio, so in some sense he is around 50% towards getting to entry-level fuck you status.

it is not necessarily easy to figure out how to value each of the assets in terms of their liquidity, and so let's go over some of the potentially BIGGER assets:
1) real estate and/or residence (maybe value the equity at around 35% of its value).. $150k
2) 401K or related - (let's say 70% liquid based on some time restrictions)  $300k
3) other stocks, bonds, treasure bonds, paper commodities etc    (let's say 80%-90% liquid)  $50k
4) businesses such as mining business - shared with partners (maybe value the equity at around 35% of its value).. $150k
5) other potential inheritance (not yet realized so only 10% of value)  $20k
6) various valuable personal property, such as cars, computers, electronics, TVS, jewelry, furniture & appliances, collectables, other items (not very liquid - 20%  of value) $30k
7) bitcoin - let's say he owns around 10 of them (close to 100% liquid - maybe should be measured in terms of 200-week moving average to be safer   $290k.

HypoPhil could say that he is going to sell 1% of his BTC for every 10% that the BTC price rises, which could be the equivalent of selling right around 5% for every time that the BTC price goes up by 50%, and he is going to be just fine... Let's say that HypoPhil had been in BTC for a while and maybe he already did some sales at other prices, but if he had 10 BTC at $40k, then surely he would be able to sustain something like that.



From the table, we can see that every time the BTC price goes up 50%, then HypoPhil sells 5% of his stash, and by the time the BTC price reaches $455,625, he still has 7.3556 BTC which is more than 73% of his original BTC stash, and yeah knowing HypoPhil, he is not going to be able to resist, so there will be times that he is going to likely sell more of his BTC, but that is not a problem, because with the rate of 1% per 10% rise or 5% per 50% rise or 10% per doubling, there is still going to be a lot of compounding of the value... so if he decides to sell more at higher prices, then he would have room to work with, even though we likely realize with HypoPhil, he is a gambler, so he is going to overdo it at various times and sell into his principle rather than merely selling profits.

Even if HypoPhil might not have 10BTC, and he already fucked up at various points by buying USG TBills or whatever they are called, and let's say that he ONLY has 5 BTC, He can still be doing ok with that, even though surely it is better to have 10 BTC than 5 BTC, especially if someone, even elderly like HypoPhil, is going to start a laddering on the way up plan.  



I guess part of my point is that 1% per 10% rise is very sustainable, and you can imagine if the BTC price doubles, and if you are merely selling 10% of your holdings, you have another 40% that is able to compound, so you could sell up to 50% and ONLY be taking profits, but if you take all the profits, there is nothing compounding, and so if you think about 100% appreciation, I would be careful even going above 25%, even though it is still within reasonable and still allowing a decent amount of the profits to compound, but a mere 10% per doubling, or 1% per 10% rise, which seems to be something in the ballpark of what real Phil seems to be describing himself as doing  (to the extent that you can believe that he can restrain himself and he is not buying Tbills on the side), those are all quite sustainable amounts of selling, even if some of us might be thinking that the BTC price has decently good chances of topping this cycle somewhere between $200 and $800k.. and surely lesser possibilities to overshoot that range too.

That is correct.

Pfff, let him be philip, he’s totally deranged anyways, so …

Thinking further, I’d rather he sold all his corn right now, and then fucked off to Mars.

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No, there will be no super-cycle, well, perhaps only if the Great Bitcoin Conspiracy comes true.

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The sheep definitely like to think so!



“On track” is max $150k & whereabouts for this cycle.



Hahahahahaha, OK, you’re allowed to your opinion. Sort of.

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Shit man, seems everyone is getting kicked out of exchanges, right? Riiight? Riiiiiight?

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It’s not, happy to agree here.

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Of course it was.



No accident, it will eventually embed itself. Don’t worry, you won’t remember shit.



I like to think of it as a necessary evil.
Now kindly, please and forever,

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Go with the flow my friend, and take advantage of the jet-stream, regardless.
This is how we fight - you can’t fight a Kalashnikov with a slingshot, can you?

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Idiocracy has no boundaries, and that includes me as well.

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Anyway, guys I get it. How does sniffing my ass work for you?
Please be aware that I’m aware when that happens. Gif’s start breaking up on a private browser - out of nowhere. Could be Hueristic or suchmoon, but my money [#just.saying] is on BlackHatCoiner, who just left puberty and started to grow hair on his balls. Too bad Brave doesn’t do btctlk.

Isn’t that illegal? Asking for a friend of course.
#Greek.cybercrime.devision

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Exposed: The Hidden Agenda behind the UK Government’s very real Chemtrail Operations


#me.too
#not.anymore



Fuck no, too polite - genocide via poisoning - Earth’s air, humans, and resources sounds more appropriate.