Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16050. (Read 26710171 times)

legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"

touché

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

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.  Smiley 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.

O.k.  Well at least you did not run out, but you did make some choices.

Currently, I have put enough value on exchanges to sell up to $13,500-ish, and my sell orders are already set up to that amount, but if the BTC price starts getting close to that amount, or even close to $10k, I am going to have to move some more BTC onto exchanges because I do not want to get into any kind of position that I am NOT sticking with my plan and what I believe to be the best thing to do, which is to sell incrementally as the price goes up and to buy incrementally as the price goes down without ever running out of either bitcoins or cash for whichever direction the price goes.

Accordingly, it is my opinion which I have attempted to put into practice that we have to be prepared for the extremes.. and maybe we cannot be prepared for all extremes; however, the more extremes that we are prepared for then the easier it will be to adjust and accommodate smaller extremes.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
look i'm a hypocrite like everyone else, but this ...

playground insults?

a handful of overly-entitled neckbeards either whiny-ragequit

... alone proves you are no Goebbels.

And you get heated and sweary when others swear at you. Poor quality shilling 2/10.

A fair enough observation. In my defense, I will say only that I try to be civil until treated in an uncivil manner.

But do we have a double standard here? Gavin: "ragequit!" Garzik: "ragequit!" Hearn: "ragequit!" Core devs threaten to quit if the economic majority doesn't toe their line? What else could it be?

While I believe in BCH's long term prospects, it may be a bumpy ride. Then again, its the only one of the three that can make it through a sudden hashrate drop.

And Bitcoin Gold/GPU can fuck right off.

btc hashrate dropped 40% at first when bch came on. it made it through with slower blocks and higher fees and price went up.

For a brief period. But what if hash winter?

Is it possible thou dothst not knoweth that of which thou speaketh?

#archaicgrammarnazi

Touche'. I chortled.



But a wildcard that I'm expecting is the implosion of Finex.

What the fuck is this?  A complete conspiracy?  Do you have any evidence at all that this is likely beyond pure speculation that Bitfinex is getting BIG again?

Scam me once, shame on you. Scam me twice, shame on me.

You've looked into their issuance of Tethers, and a fully comfortable with the inherent risks?



without having the real umph of bitcoin - which is that it needs to be difficult to change

You do realize that The SegWit Omnibus Changeset is the single largest surviving change to the Bitcoin protocol ever, right? How do you live through the cognitive dissonance?




Never thought I'd be awarding kudos to Cobra (you know - the person who thinks Satoshi screwed up the white paper), but I enjoyed the following turn of phrase:

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?  

Working futures markets do not accord one of the branches with an asymmetric advantage over the other. Especially one as egregious as eradicating all tokens on this disadvantaged side altogether. You may want to factor this into your expectations regarding the so-called 'fork tokens'.

Even if not for that, the volume thereof is but a blip compared to the event - rendering it statistically worthless anyhow.




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.

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.

Self respect is independent of economic circumstance.

legendary
Activity: 2842
Merit: 1511

big blocks--stinky fiat

The kid on the left bears quite the resemblance to Vitalik.
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
This ad screams dump everything now.  

redacted


 So it's your ad?


No, I was busy.  A Jewish "progressive" signed up for Steemt so I had to welcome him:

https://steemit.com/introduceyourself/@davidpakman/the-david-pakman-show-is-now-on-steemit

legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
That is like watching gasoline being dumped on a bonfire....

Ok, today is the day I chose not to dump everything because I am nuts. Let the games begin.
legendary
Activity: 1778
Merit: 1008
This ad screams dump everything now.  




holy crap... yea, yea it does.
legendary
Activity: 3808
Merit: 7912
This ad screams dump everything now.  

redacted


 So it's your ad?
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
This ad screams dump everything now.  


hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
What is the standard Lamborghini that people put in their portfolios? The LP500S is a great car, but kind of rare-ish and wonky. Would the Diablo be a standard unit of measurement, or something else?

My quick research shows two current production models: Huracan and Aventador. The others are all older (and thus, no longer brand new.) *edit* seems there's a third one called Centenario, but they only made 20 coupes and 20 roadsters or 40 cars total, all of which have been sold.

Lockdown in Transformers: Age of Extinction is a Black or Dark Grey 2013 Aventador.

I'm thinking the Huracan, even the base model (as that's the lowest priced) is a good place to start. It's still at least 250k USD.

weeeee   Cool  BapeLambo ===>>>>>

legendary
Activity: 1778
Merit: 1008
What is the standard Lamborghini that people put in their portfolios? The LP500S is a great car, but kind of rare-ish and wonky. Would the Diablo be a standard unit of measurement, or something else?

My quick research shows two current production models: Huracan and Aventador. The others are all older (and thus, no longer brand new.) *edit* seems there's a third one called Centenario, but they only made 20 coupes and 20 roadsters or 40 cars total, all of which have been sold.

Lockdown in Transformers: Age of Extinction is a Black or Dark Grey 2013 Aventador.

I'm thinking the Huracan, even the base model (as that's the lowest priced) is a good place to start. It's still at least 250k USD.

...what, no aston martin db10? amateurs.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
What is the standard Lamborghini that people put in their portfolios? The LP500S is a great car, but kind of rare-ish and wonky. Would the Diablo be a standard unit of measurement, or something else?

My quick research shows two current production models: Huracan and Aventador. The others are all older (and thus, no longer brand new.) *edit* seems there's a third one called Centenario, but they only made 20 coupes and 20 roadsters or 40 cars total, all of which have been sold.

Lockdown in Transformers: Age of Extinction is a Black or Dark Grey 2013 Aventador.

I'm thinking the Huracan, even the base model (as that's the lowest priced) is a good place to start. It's still at least 250k USD.
legendary
Activity: 1778
Merit: 1008
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!

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

yea, changed that address to one i know...

again, thanks man.
legendary
Activity: 3388
Merit: 3514
born once atheist
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!

thank phuc for that lol!  . its the addy you got posted on your profile.  now go get that hub  Wink
legendary
Activity: 1778
Merit: 1008
real life keeps my activity low. only reason i'm active right now is i'm sick with a cold.

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.

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.
legendary
Activity: 1288
Merit: 1087
real life keeps my activity low. only reason i'm active right now is i'm sick with a cold.

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.
legendary
Activity: 1778
Merit: 1008
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!
legendary
Activity: 1778
Merit: 1008


any advice where i could get a couple powered hubs at a decent price? amazon and best buy didn't really have anything i trusted for anything i could afford. Sad


 good lord! with btc at this price?
sell  a couple of millibits..you can afford it!


i ...only have some dust. 0.00005242 on my local wallet and about the same on stamp. Sad

oh sorry mate...
I saw legendary and assumed...

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.

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



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
Activity: 3388
Merit: 3514
born once atheist


any advice where i could get a couple powered hubs at a decent price? amazon and best buy didn't really have anything i trusted for anything i could afford. Sad


 good lord! with btc at this price?
sell  a couple of millibits..you can afford it!


i ...only have some dust. 0.00005242 on my local wallet and about the same on stamp. Sad

oh sorry mate...
I saw legendary and assumed...

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.

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

legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Come on BEARS!! Short this shit to the ground! Grin We need more short squeezes!


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

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

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


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?
Jump to: