Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15784.

sirazimuth

legendary

Activity: 3388

Merit: 3514

born once atheist

Quote from: ?? on ??

Quote from: Torque on November 24, 2017, 08:37:03 AM

Only times are when you can't easily replace the bitcoin right away, like liquidating for a big purchase or big down payment on something. Or you have to live off of it. That stings. And it should sting a little. It makes you a better money manager and saver.

Speaking of which, meeting with our money manager dude in May to discuss our finances, investments, and how I can use my existing BTC to allow for early retirement in late 2018. Partner will continue to work for a few more years.

I'm torn on how to divest my BTC for this early retirement purpose. My partner is strongly suggesting I divest several millions in one chunk towards institutional investing - guaranteeing I have the cash on hand until I can draw down on retirement funds at age 65.

I'm thinking it may be more wise to sell "smaller chunks" of BTC to last me a year-at-a-time instead - owing to the increasing value of BTC/USD.

Will figure something out.

I wish I had that problem.... Wink

RealMachasm

member

Activity: 187

Merit: 25

Quote from: ?? on ??

Quote from: Torque on November 24, 2017, 08:37:03 AM

Only times are when you can't easily replace the bitcoin right away, like liquidating for a big purchase or big down payment on something. Or you have to live off of it. That stings. And it should sting a little. It makes you a better money manager and saver.

Speaking of which, meeting with our money manager dude in May to discuss our finances, investments, and how I can use my existing BTC to allow for early retirement in late 2018. Partner will continue to work for a few more years.

I'm torn on how to divest my BTC for this early retirement purpose. My partner is strongly suggesting I divest several millions in one chunk towards institutional investing - guaranteeing I have the cash on hand until I can draw down on retirement funds at age 65.

I'm thinking it may be more wise to sell "smaller chunks" of BTC to last me a year-at-a-time instead - owing to the increasing value of BTC/USD.

Will figure something out.

I would go with your second option Bob. Seems BTC has done well for you and it would be a shame to cash it all in after it has treated you so well.
Besides, institutional investing? Hell what the hell do they know right?

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: Icygreen on November 24, 2017, 06:37:00 AM

If I've got the cash and the bitcoin to make a purchase, I will do it in bitcoin and simply replace it immediately or just buy enough coin to cover the cost of my purchase. At least someone will benefit and I'm doing my part to support the ecosystem. Win Win

Yep, this is the way to do it.

Only times are when you can't easily replace the bitcoin right away, like liquidating for a big purchase or big down payment on something. Or you have to live off of it. That stings. And it should sting a little. It makes you a better money manager and saver.

Torque

legendary

Activity: 3780

Merit: 5429

Noooo, BCash doesn't have a CEO, it was all just a joke you guys...

Lol

gentlemand

legendary

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Welt Am Draht

Quote from: BitcoinBunny on November 24, 2017, 07:54:35 AM

I will wait until...

You're not going to wait until there's a Bitcoin Bitcoinbunny? Personalised forks are the wave of the future.

Ludwig Von

sr. member

Activity: 854

Merit: 307

Quote from: BitcoinBunny on November 24, 2017, 07:54:35 AM

I will wait until there is a legit Electron Precious Metals before claiming my Bitcoin Gold.
It should allow to claim Bitcoin Gold, Bitcoin Diamond, Bitcoin Silver, Bitcoin Platinum, Bitcoin Palladium, Bitcoin Ruthenium, Bitcoin Rhodium, Bitcoin Iridium, Bitcoin Osmium, Bitcoin The Real Roger Ver II Special Edition, Bitcoin Jihan Wuwu Give Me Money Before China Puts Me In Jail Trillionaire At Least It Is Not Jeff Bezos Edition, iBitcoin Apple X, AmaBitcoinZon etc.

Lol, you forgot the "Elon takes you to Mars" coin... . (that would be a one way ICO)... .

Don 't bring them to ideas too cheap, register trade marks and domains... . Wink

BitcoinBunny

legendary

Activity: 1526

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Far, Far, Far Right Thug

I will wait until there is a legit Electron Precious Metals before claiming my Bitcoin Gold.
It should allow to claim Bitcoin Gold, Bitcoin Diamond, Bitcoin Silver, Bitcoin Platinum, Bitcoin Palladium, Bitcoin Ruthenium, Bitcoin Rhodium, Bitcoin Iridium, Bitcoin Osmium, Bitcoin The Real Roger Ver II Special Edition, Bitcoin Jihan Wuwu Give Me Money Before China Puts Me In Jail Trillionaire At Least It Is Not Jeff Bezos Edition, iBitcoin Apple X, AmaBitcoinZon etc.

flynn

hero member

Activity: 728

Merit: 540

Quote from: afbitcoins on November 24, 2017, 07:45:05 AM

Is there a light wallet for bitcoin gold? I don't want to use a mobile wallet, I want it on desktop. But not with full blockchain.

None of I know of.
But there is a "bootstrap" file to download to speed up the full chain thing. Took hours to do so though.

itod

legendary

Activity: 1974

Merit: 1077

Honey badger just does not care

Quote from: afbitcoins on November 24, 2017, 07:45:05 AM

Is there a light wallet for bitcoin gold? I don't want to use a mobile wallet, I want it on desktop. But not with full blockchain.

No. I've searched for it for a few hours before I gave up and finally installed Coinomi on mobile, otherwise I couldn't dump those damn coins.

Electron Gold is very likely a scam, not like Electron Cash that was legit.

afbitcoins

legendary

Activity: 2101

Merit: 1061

Is there a light wallet for bitcoin gold? I don't want to use a mobile wallet, I want it on desktop. But not with full blockchain.

Paashaas

legendary

Activity: 3512

Merit: 4557

^ Keep youre BGold for now, it will rise higher.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: LFC_Bitcoin on November 24, 2017, 06:47:37 AM

Not sure why everybody moans about BCH, it’s obviously not going to make it long term but it’s free money & some of us are/were very happy Roger & Jihan have pumped it.

I’m not happy because I already sold it all ! It’s ok I still have all my Bgold and it’s coming along nicely. Not even thinking about Bdiamond.

LFC_Bitcoin

legendary

Activity: 3556

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#1 VIP Crypto Casino

Not sure why everybody moans about BCH, it’s obviously not going to make it long term but it’s free money & some of us are/were very happy Roger & Jihan have pumped it.

bitcoincidence

legendary

Activity: 2408

Merit: 1091

goodbye sweetest cat of em all

Quote from: Phil_S on November 23, 2017, 01:38:31 AM

Quote from: JayJuanGee on November 22, 2017, 02:19:22 PM

Once bitcoin was out of the bear run (transitioned into a bull run), we can still use the approximate $250 price stability point of 2015 as our starting reference. Accordingly, it took about a year to triple to $750-ish, and then it took about 9 more months to triple again to $2,500-ish.. .and then it took about 3 months to triple again to $7,500-ish....

Funny, but I've been making this graph, to show how last 5 doubling events since $250 look like two distinct exponents:

270 days
270 days
90 days
90 days
90 days

The question is, how much longer the second exponent will last...

This graph seems to fit in the theory about the market manipulations by the "Tether Gang"

Quote

The article argues tether was stable throughout 2016 and did not start to increase until March 2017. Tether’s value seemed to take off along with Bitcoin’s dramatic rise.

https://news.bitcoin.com/tether-coin-may-be-a-precarious-us-dollar-peg/

Quote

The question is, how much longer the second exponent will last...

I have some feeling like as long as the Tetherbubble does not bother the US treasury or they get some cash-out problems by a falling bitcoin price.
The second is easy to prevent with unlimited funds (though it might get implausible if they exaggerate it) but they also get in the way of the plans of the "Bitcoin Cash Gang" to crash BTC.

I can already imagine Hollywood making a movie about this all ... Grin

fluidjax

hero member

Activity: 750

Merit: 601

Quote from: aesma on November 24, 2017, 05:54:11 AM

Hashrate is close to 50/50 BCH/BTC right now. So it's only a pump, not a pump + miners abandoning BTC.

No, BCH is between 10% & 15% of the hash rate of BTC

https://fork.lol/pow/hashrate

Icygreen

legendary

Activity: 1464

Merit: 1136

If I've got the cash and the bitcoin to make a purchase, I will do it in bitcoin and simply replace it immediately or just buy enough coin to cover the cost of my purchase. At least someone will benefit and I'm doing my part to support the ecosystem. Win Win

ragnar0k

full member

Activity: 154

Merit: 101

Dont think it was posted before but... Nice crypto show started from CNBC Africa, let's hope they keep up
https://youtu.be/WqSAOcGzE2Y

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

At the end of the day it’s there to be spent. No ragrets.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: AlcoHoDL on November 24, 2017, 02:45:24 AM

My only story, not nearly as exciting as yours: about a year ago I bought a TREZOR for 0.13 BTC. Now it's got to be one of the most valuable TREZORs in existence, valued today at a whopping 900 € ($1000).

if you consider that trezors are for sale for several years now you may understand that people who ordered trezors when bitcoin price was around $200 must have paid much more than 0.13 btc. I think the first trezors were sold for 3 btc. Shocked

i remember paying 1 btc per trezor...

let´s just hope one day you can say that you paid $10k for yours... Wink

RealMachasm

member

Activity: 187

Merit: 25

Quote from: aesma on November 24, 2017, 05:54:11 AM

Hashrate is close to 50/50 BCH/BTC right now. So it's only a pump, not a pump + miners abandoning BTC.

When is the next diff adjustment going to happen and what is it going to be with the hashrate being moved around so much lately?

NVM found this chart
https://bitcoinwisdom.com/bitcoin/difficulty

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