Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14930.

JayJuanGee

legendary

Activity: 3962

Merit: 11519

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

Quote from: ?? on ??

Quote from: Karartma1 on January 26, 2018, 11:21:21 AM

These bulls bro?

GET OUT OF MY MIIINNNDDDD !!!

EDIT: To be honest, as others have alluded, I'm really starting to stress out, and will be "glad when it's over"

Exhibit A: That's a lot of money to have out there "in play". Makes me real nervous. I apologize in advance for coming off as bragging. Just trying to "keep it real" with you folk.

EDIT2: And yes, IRS, you fine folk are getting a check for just south of $1M end of Q1.

Well, Yeah, if you account is currently valued in around the $1.5million arena, then it would have been valued closed to 2x that in mid December when BTC peaked at $19,666.

Even if you have a lot of bitcoin, you are definitely exhibiting the characteristics of a weak hand to be placing so much emphasis on changes in the dollar value - and hopefully, you can figure out a system in the future that will help you to be less concerned about these kinds of "normal" ups and downs.

Many of us, largely HODLers are in the same boat, even though the actual raw numbers are going to vary, depending on how many coins we are HODLing. Actually, thinking about this in terms of percentage is much more healthy, but if the actual numbers get to you, then you need to cash out a bit more in order to be less attached to the changes in value... through more or less normal price movements.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: Last of the V8s on January 26, 2018, 03:36:20 PM

https://twitter.com/twitter/statuses/956575006380638208
guess people change...

That was up on youtube the other day. Pretty hilarious editing.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: jojo69 on January 26, 2018, 01:16:49 PM

Quote from: ?? on ??

I have a long established history with my financial institutions.

quick guide to getting rich

step 1> be rich

To make a small fortune, one usually begins with a large fortune.

Torque

legendary

Activity: 3794

Merit: 5474

Quote from: jojo69 on January 26, 2018, 03:38:22 PM

So I just got some sobering news. It seems that the ringleader/alpha dog of my old PM stacking crew has died. He was a pretty large gentleman, with a caloric appetite to match, but was about my age. This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...

it's got me thinking

Sorry to hear that man. Yes, have a plan to enjoy some of life along the way, because you never know. But also don't give up too early either.

Quote from: Last of the V8s on January 26, 2018, 04:09:01 PM

A sad business.
Yes I agree, silver and I reckon gold etc could be in for a massive rise at any stage soon. The dollar is due a real run and not everyone will back bitcoin. It goes without saying that btc will reach more dizzying heights.
I've always found one of the problems with pms is their very physicality. You get to hold an oz of silver, and what's it 'worth'? 20 seems about right, but 400, for this? Dunno.

Funny, I was just thinking the same thing when I held one of my 1 oz. gold coins the other day. $1350 for this little piece of metal? Crazy.

I also stack some silver as well. I wouldn't be surprised to see $400/oz. silver in my lifetime.

J. Cooper

full member

Activity: 294

Merit: 125

Alea iacta est

Quote from: cmacwuz on January 26, 2018, 03:46:52 PM

The bleeding is slowing, time for that unending crawl back up IMO. As I am young and still haven't worked a career job, my retirement plans are non-existent. Have fun retirees, I want to hear about some nice river-boatin, gun-totin', cigar-smoking, seastead-floatin' stories in the future

If the forum sees some serious updating, this thread better stay in tact. How the hell do I merit anyone. My guess is that I can't!

I've also got a long road ahead of me before I can start consider retirement (I would be kind of taking the piss at life if I were to retire tomorrow at my current age Grin

). But hey maybe when someone finally decides to slap that bulls a** those dreams will come a lil closer.

FractalUniverse

hero member

Activity: 1035

Merit: 558

Quote from: Last of the V8s on January 26, 2018, 04:09:01 PM

Yes I agree, silver and I reckon gold etc could be in for a massive rise at any stage soon. The dollar is due a real run and not everyone will back bitcoin. It goes without saying that btc will reach more dizzying heights.
I've always found one of the problems with pms is their very physicality. You get to hold an oz of silver, and what's it 'worth'? 20 seems about right, but 400, for this? Dunno.

You bet. now when banks own 20% of all gold, it will likely be pumped. r0ach will be happy.. (really)?

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote from: jojo69 on January 26, 2018, 03:38:22 PM

So I just got some sobering news. It seems that the ringleader/alpha dog of my old PM stacking crew has died. He was a pretty large gentleman, with a caloric appetite to match, but was about my age. This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...

it's got me thinking

A sad business.
Yes I agree, silver and I reckon gold etc could be in for a massive rise at any stage soon. The dollar is due a real run and not everyone will back bitcoin. It goes without saying that btc will reach more dizzying heights.
I've always found one of the problems with pms is their very physicality. You get to hold an oz of silver, and what's it 'worth'? 20 seems about right, but 400, for this? Dunno.

Ludwig Von

sr. member

Activity: 854

Merit: 307

Quote from: jojo69 on January 26, 2018, 03:38:22 PM

So I just got some sobering news. It seems that the ringleader/alpha dog of my old PM stacking crew has died. He was a pretty large gentleman, with a caloric appetite to match, but was about my age. This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...

it's got me thinking

Did he go happy? Condolence anyway. And yes unfortunately there is that Keynes quote... .

Toxic2040

legendary

Activity: 1834

Merit: 4197

Quote from: jojo69 on January 26, 2018, 03:38:22 PM

it's got me thinking

Stop that...stop that right now!

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: cmacwuz on January 26, 2018, 03:46:52 PM

The bleeding is slowing, time for that unending crawl back up IMO. As I am young and still haven't worked a career job, my retirement plans are non-existent. Have fun retirees, I want to hear about some nice river-boatin, gun-totin', cigar-smoking, seastead-floatin' stories in the future

If the forum sees some serious updating, this thread better stay in tact. How the hell do I merit anyone. My guess is that I can't!

You will need to earn two merits in order to be able to reward 1 merit back. (Since you are a newbie, you didn't get any merits to reward other people.) I'll give you two. Then you can give one to someone else.

cmacwuz

member

Activity: 69

Merit: 54

The bleeding is slowing, time for that unending crawl back up IMO. As I am young and still haven't worked a career job, my retirement plans are non-existent. Have fun retirees, I want to hear about some nice river-boatin, gun-totin', cigar-smoking, seastead-floatin' stories in the future

If the forum sees some serious updating, this thread better stay in tact. How the hell do I merit anyone. My guess is that I can't!

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

So I just got some sobering news. It seems that the ringleader/alpha dog of my old PM stacking crew has died. He was a pretty large gentleman, with a caloric appetite to match, but was about my age. This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?

At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.

The market can indeed remain irrational longer than you can...um...remain...

it's got me thinking

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

https://twitter.com/twitter/statuses/956575006380638208
guess people change...

OWZ1337

member

Activity: 140

Merit: 17

BITCOIN===>THE DISRUPTIVE CYBERCURRENCY

Quote from: oda.krell on January 26, 2018, 01:37:27 PM

Congrats, BobLawblaw. Well deserved. Now stop putting yourself at risk by flaunting it (:

Also, if your profile age is your real age, that seems about the perfect age to retire. If you're much older and retire, it's hardly different from regular retiring, if you're much younger, it somehow feels wrong to me, like you're dropping out too early.

"retire" in crypto = moves outta moms' house Cheesy

weee

svdleer

member

Activity: 112

Merit: 10

Only 11K bitcoin sell wall to knock down before hitting 19K again Grin

thats about 147M US Dollar

Syke

legendary

Activity: 3878

Merit: 1193

Quote from: ?? on ??

To your point, the portfolio that has been prepared for me is quite diverse and (relatively) safe; one of the reasons I'm not hesitating on my Q1 workforce exit. The peeps that prepared it for me are seasoned pros.

Sounds like you'll be able to live *comfortably* just off the interest alone.

Toxic2040

legendary

Activity: 1834

Merit: 4197

Quote from: ?? on ??

To your point, the portfolio that has been prepared for me is quite diverse and (relatively) safe; one of the reasons I'm not hesitating on my Q1 workforce exit. The peeps that prepared it for me are seasoned pros.

I bought 2 lots here in the fall of '15..

For about 110-150sf you can have what ever type of palapa to hacienda you can dream up.

vanobe

member

Activity: 164

Merit: 37

Quote from: ?? on ??

Quote from: vanobe on January 26, 2018, 01:23:39 PM

Were you already fairly rich before cashing out bitcoins? Were your banks used to getting huge deposits made to your accounts before the bitcoin stuff started?

My banks were used to seeing large deposits and transfers. Yes. Not sure what qualifies as "fairly rich before".

That million dollars in your exchange account counts as fairly rich to me.

If I tried depositing that much to my bank the cashiers would probably put their hands in the air, while the backroom staff would be ringing the police.

oda.krell

legendary

Activity: 1470

Merit: 1007

Congrats, BobLawblaw. Well deserved. Now stop putting yourself at risk by flaunting it (:

Also, if your profile age is your real age, that seems about the perfect age to retire. If you're much older and retire, it's hardly different from regular retiring, if you're much younger, it somehow feels wrong to me, like you're dropping out too early.

vanobe

member

Activity: 164

Merit: 37

Quote from: ?? on ??

Quote from: vanobe on January 26, 2018, 01:13:55 PM

Haven't you had any problems with sending large wired deposits to banks yet? Other users say they sometimes had their accounts closed for massive deposits from exchanges. One user claimed his bank refused to accept a massive wired deposit, and returned it to an exchange.

No problems for me (beyond wire routing problems that work for some accounts, but not for others). I have a long established history with my financial institutions.

Were you already fairly rich before cashing out bitcoins? Were your banks used to getting huge deposits made to your accounts before the bitcoin stuff started?

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