Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16310. (Read 26611264 times)

O.k... I concede that my remarks may have caused that kind of implication, but I still assert that I was engaged in a kind of exaggeration (which is more or less a joke)... so anyone who happens to be bitcoin rich should consider my remarks as form of flattery rather than any kind of insult....

By the way, anyone who gets in the territory of possessing 2k coins or more, with these prices, is truly in a position of privilege, luck, and/or power.  As we know money buys power, and when you have power, you sometimes might get criticized for  having such power, but that does not mean that you did not earn it or that you were not lucky... but sometimes you become a target of jokes (sure you are not filthy rich, but you are in a good position). 

Another point that I made is that in the future a person of much fewer coins (maybe as few as maintaining 10 coins) might start to fit into a similar privileged category, even though s/he may not have started from such privilege.

Many of us involved in bitcoin are lucky to know about bitcoin and to be involved in bitcoin... cross your finger boys and girl.   

September 30th-October 4th....rrr November 5th    #expect_us

My post was merely exaggerating to make a point that I don't possess anywhere near 2k coins.  

I am not trying to ascribe what I believe other WO thread participants should or should not choose to do, even if they happen to have some quantity of coins approaching 2k.

Edit:  after reading Elwar's post (above), I am likely in agreement with him that this particular thread does continue to serve as a fairly decent bellweather, so any of us participating (or at least reading) this thread does seem to have such an advantage.

oh my goodness

the Guy Fawkes masks on his saddle blanket...   ...   ...

OK, that is going to be wallpaper on the linux 4:3 rig

rolling the waves with a wind-powered asic miner no doubt weee

I am pretty sure several people in this thread have at least hundreds of coins, a few may even have thousands.  It is simply quite obvious from their tone, strategy, plus their view and what they are currently doing.  

Some of us are waiting for the polarized outcome, i.e. "When you're ready... you won't have to" or to the very bitter end.

Even retired living on a catamaran in Tahiti I would check in on this thread. I find that between all of the arguments and general banter there is a good sense of what is going on in the Bitcoin world here from many different perspectives. Especially with regard to large price movements. It may not be the most accurate but it beats searching the Internet trying to see if people are reacting to one single thing or what is going on.

The rest of the forum is shit due to signature campaigns. Reddit is comparable as the shitty threads can be downvoted. I tried following #bitcoin on twitter and it's just filled with ads.

That is just lovely!

I probably would not be hanging out with you guys, here in these threads, if I were to have anything approaching 2k in coins.... but maybe it is possible that I would still be hanging out here?  Never say never.

Now you got me fantasizing, RJC,... see what you did?

There are probably several folks in this thread with more than 10 coins.. but I know that some folks here have even struggled to accumulate and to hang onto 10 coins.... so yeah, what would be a realistic threshold in something like 5 years?  Could we realistically consider that 10 coins would be enough to put HODLers into millionaire status in terms of their coins in 5 years? 

Currently I am thinking that kind of a price is possible (that is about a 28x increase from this price point), but surely we have BTC price forces pushing in both directions.

Can we shoot for $100k value coins for 2022/2023, please? 


And, then if we reach $100k value in coins by 2022/2023, then how many folks here are going to sell too many of their coins along the way UP? 

So, o.k.... Maybe guys (and gal) here need to have close to 20 coins now, in order to maintain 10 coins by the time BTC prices reach $100k in 2022/2023?   

Are we good with that?  Does such a price rise seem somewhat plausible and realistic under current conditions and current foundational principles?  Maybe 20% or so odds of such a price point in such a timeline?

This artwork depicts the spirit of Satoshi Nakamoto riding his epic honey badger mount. With no fucks left to give, they hurdle over the moon carrying trophies of the world's vanquished fiat currencies.

https://www.reddit.com/user/crayon_smell

I reread your posts, and I will concede that I could have been getting overexcited in my inducement allegations..   It is true that you did question the depth of the red/green - so you were not pushing in one direction or another..  ...

One more point regarding depth of any further price movement, I will agree with your implication that there remains a possibility that we could witness depth.  Accordingly, my assessment is that trade volume has been relatively high in the past few weeks, and if one side or the other runs out of coins or fiat, then that could cause some violent price movement.. surely, there is no "given" when it comes to the extensiveness of price movements; however, when we are experiencing considerable trade volume for a couple of weeks, there are increased chances that it would not simmer down without a bit of drama... .. and gosh, either direction does still seem plausible.. even as soon as over this weekend -

You really are a money maker. Wish I sodl at the top.

Looks like they're fueling the rockets right now...

https://twitter.com/kanzure/status/911215434439028736

Actually, orders like these appear and disappear mostly in few seconds when their turn comes up.

These days, I'm not trusting the administration of exchanges with buy/sell orders. They can easily create fake orders.

Gonna call it now. People are gonna panic buy up that wall and in a few hours we'll be down below it again. These things always play out the same, no matter if it's buying or dumping

Buy order at Bitfinex  

Happened like minutes after I told to myself that BTC would go down for the night.

I think it's keeping the price down but I also think it's likely that it gets pulled if price does get up there.

2000 coins? JJG......are you selling your hoard?