Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15984. (Read 26586226 times)

thank phuc for that lol!  . its the addy you got posted on your profile.  now go get that hub 

yea, it's not really like that, the dead man's switch i mean. i tried it a few months ago. have to have constructive posts and a minimum number of them i could never hit, outside this thread. sigh.

a few minutes on here in the morning, at lunch and before bed can add up to a great bonus, but for all i know you have your hand on a dead man's switch 18 hours a day.

looks like i must have used it for a sig campaign or something... but i don't remember. probably the wallet on my phone... which i don't have anymore. or... oh DAMMIT. i think it's gone for good.

hm... thanks for the gesture though.

FOUND IT! my virwox account. thanks!

wait... did... you... *checks address in profile* ...you did. oh crap where the heck does that GO? *frantic searching*

it's definitely actually one of mine... but where does it point!? it's not my desktop's wallet. ARGH.

legendary to legendary.  dont spend all in one place! you're welcome my friend! .  
(check that wallet btw)

I am exaggerating a bit too because the fact of the matter is that in the past two years, I have not been HODLing, but I have also come to be more and more comfortable with my BTC sell allocation - even if it adds up to a very large stack of fiat in my coffers...

I think that my point remains that it is much safer to HODL, in the event that you cannot really temper the amount of BTC that you sell and that you cannot live with having a bunch of fiat in reserves that may or may not be possible to buy BTC back in at anywhere near the price that you sold the BTC to accumulate the fiat (stinky fiat, as some folks have been calling it). 

With our latest seemingly non-stopping levels of ATHs (5 days in a row, ish)- and without any kind of meaningful price corrections (10% or more could be a kind of correction? - we did get a flash crash from $7350 to $6700 - which almost could have counted, perhaps), I am actually getting to one of my highest ever BTC/dollar allocation levels, and that is 89% BTC /11% dollars. 

I am o.k with my higher level of dollar allocation even though there could be another irrationally exuberant 1.7x to 2.5x rise in BTC prices  from here (and that would be up to $13k-ish a bit more likely or $19k-ish.. a bit less likely), and I have done some tentative BTC/cash portfolio projections that seem to appear that my level of BTC sales is kind of stabilizing.. so whether that is a problem or not,  if we go to $13k, and then about a 50% or more-ish drop back down to $6k, I wonder if I would feel as if I had sold enough BTC at that particular $13k-ish "top" in order to feel comfort during my BTC buying back?   

A bit of an ongoing personal dilemma for me that I am hoping will just resolve itself without too much stress to me, and perhaps I will "know it when I see it"... but perhaps, not?

real life keeps my activity low. only reason i'm active right now is i'm sick with a cold.

I ran out of BTC on GDAX 2 days ago at 7147. It would be nice to buy back .01 BTC for 68XX. However, the majority of my holdings are parked in my Trezor. So the benefit of being able to buy back less than 1% of my portfolio for a few bucks cheaper would pale in comparison to the larger loss in value to my overall portfolio. Besides, I just got a new computer with a GTX 1070. I'll be able to increase my portfolio little by little mining shitcoins.   Maybe mine BTG, when it gets released.

I was thinking of moving a little bit more BTC to Gdax, but I'm too busy playing with my new computer to be bothered making micro trades on Gdax.

why aren't you doing a sig campaign? you'd get a whole bitcoin within a few months, though i don't know how much longer that's gonna be possible.

Silly. Writing something like this smells of doubt and weakness.  Someone like to explain to me how a chain valued at $7500 will be sold off enough to be worth less than a chain that futures price at around $1000?  And how much buying power will it take to make the $1000 chain worth more than the $7500 chain?

Can you imagine the total mass confusion of these price changes - that would have to happen over several days - and what that would do the perception of bitcoin in the general public?

And miners are going to lose millions of dollars of profit in the meantime without a care?  And businesses are going to have total chaos on their hands without a worry in the world?

This is not going to happen. The miners and businesses have WAY too much to lose to do this.

touché

So, you are saying that you did not sell too many, this time?   

no worries, it happens. yea, i was having long term unemployment back in the day, so what little i mined ended up spent pretty quickly, much to the sorrow of my wallet.

i have to agree 100% with this  JJG, because its all I know how to do.....

thx, apposite, but credit is to the master @AnalyzerX7

You should always read the fine print.  

Sorry about your loss, bones261.  You sold too many, again...    

Maybe sooner or later, you are going to learn the value of HODL!!!!!!!!

Cøbra muddying the waters with pow algo change...
https://medium.com/@CobraBitcoin/there-may-be-3-chains-in-novemeber-true-bitcoiners-will-never-surrender-238373f08035

nailed it my friend!...lol

I will agree with you that the contractual clause of "no guarantee" for backing seems kind of funny, but it seems that they are doing this in the crypto world to protect themselves, and maybe that is why they kicked out the Americans because those kind of clauses are too wild, wild west in terms of actual legal financial responsibility under any kind of meaningful traditional financial system.



Yeah, if I want to waste my time in conspiracies.


You can come up with better arguments than that, no?    O..k. sure there were some questions about whether they really got hacked and then there were questions regarding how they reimbursed.. fine..   but there is no real evidence regarding who took the coins, yet, right?




I understand what you are saying and surely gox played out differently yet this does not seem to be rising to the level of GOX, in terms of GOX had been refusing to send money to folks for months and months.. so seems a bit different.


Perhaps there could be some fake trade volume, because they did go back to their previous trade volumes and they added products too and they "paid back" their BFX coins... so people forget, that is correct.  Bitcoin (and crypto) is an expanding industry of user base and even if they lose some of their old clients, if they can seem legit, they seem to be getting plenty of coin (that is actual coin).



Sure it cuts both ways to lose the money that was deposited - but to be free of USA governmental overreach... but I think that kicking out the USA capital supports a degree of legitimacy more than it supports scam.... but it is not a big deal if our opinions differ about this part.