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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16428. (Read 26710965 times)

legendary
Activity: 1512
Merit: 1012


"Have you a job for me ?"
legendary
Activity: 3431
Merit: 1233
Sometimes when i take a step back and looks at things, it feels totally insane to buy an internet token over 4000 dollars  Cheesy

It feels totally insane to buy one Bitcoin for only 4000 Fed tokens!


Fed tokens aren't what they used to be

Fed tokens? what ICO is that?  Wink Grin

Worst ICO ever:

- no ICO white paper or prospectus
- unlimited quantity of issued tokens
- unknown schedule of issuance
- auditing issuers book is forbidden
- insiders get billions of newly issued tokens at zero cost
- if you fork it you go to jail
legendary
Activity: 1652
Merit: 4393
Be a bank
I'm sorry about the pants, guys. I really don't know what to say. It's embarrassing.

oh god, I'm dying here, lol

I love you guys, really, what a thread, it's like our own little /b/

sr. member
Activity: 704
Merit: 270


btw guys I was lying. I don't have any friends irl

 Cry Embarrassed Sad Undecided Smiley Cheesy Grin      screw it I just want bitcoin, a boat, and some books

If this is the big retrace before another huge pump, we got more down to go methinks
legendary
Activity: 2310
Merit: 1422
Bullish post: someone here noted the interesting correlation between the bitcoin network hashing power and the price of a single bitcoin. If you get those corresponding charts and you put them one on top of the other the magic happens. Expect to go back to $4000 soon.
Jamie Dimon approved this post before its publication  Wink
member
Activity: 130
Merit: 10
That's crazy, you should do it the JJG way.  Project your expenses 6 months from now and then sell at the top so you don't have to sell during a "lillie dip".  How hard is that?  If you don't have perfect market timing then you must be "overly invested".

Roll Eyes

Or just put him on ignore.  He is the first and only person I've ever ignored and it is blissful.  So arrogant and loves to see himself type.
Eh, whatever works. I've sold bits at insanely high prices, sold at low prices (remember when it was $600 or so). Probably averages out, and since I do FIFO accounting the CG taxes or losses are minimal.

Besides, when coin values go up lots of people send me stuff to fix. When they go down not so much. Which is odd since I am charging in coin not money per se, so it should be relative.....

I remember how it was for $ 170 Cool

Is the Chinese information true? One information can dramatically change the price of bitcoin?
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
That's crazy, you should do it the JJG way.  Project your expenses 6 months from now and then sell at the top so you don't have to sell during a "lillie dip".  How hard is that?  If you don't have perfect market timing then you must be "overly invested".

Roll Eyes

Or just put him on ignore.  He is the first and only person I've ever ignored and it is blissful.  So arrogant and loves to see himself type.
Eh, whatever works. I've sold bits at insanely high prices, sold at low prices (remember when it was $600 or so). Probably averages out, and since I do FIFO accounting the CG taxes or losses are minimal.

Besides, when coin values go up lots of people send me stuff to fix. When they go down not so much. Which is odd since I am charging in coin not money per se, so it should be relative.....
legendary
Activity: 2016
Merit: 1259
Had to sell a bit to cover Q3 taxes and equipment. I hate selling on a dip, drat....

A sign of being overly invested.. in other words, you do not have your expenses projected out on a long enough timeline in order to provide you a large enough float.. whether that float needs to be $1k or $10k or $20k is something for you to determine ( but seems like you don't quite have it down, yet). 

I tend to project my expenses out a minimum of 6 months and frequently into the 18months or more timeline... so a lillie dip like this (and only for about 2 weeks) has not been going on long enough to cause anything close to cash flow pressures - Sure, if it goes on for 6 months or it goes down another 50%, then that could be another story for me, and I would want to start adjusting now for what could happen 6 months from now so I am not selling at the bottom, if that were the case.

Incorrect. I run a business here, one that needs to pay for itself first. If I were to pay for things using pocket money then I would be essentially investing that in bitcoin, which is not my intent. Therefore when I have to buy supplies I batch withdraw some bitcoin and note it in the ledger. Same with taxes and such.

Besides this little dip is in the middle of the most amazing run ever. I don't try to time the market, I let the chips fall where they may.

That's crazy, you should do it the JJG way.  Project your expenses 6 months from now and then sell at the top so you don't have to sell during a "lillie dip".  How hard is that?  If you don't have perfect market timing then you must be "overly invested".

Roll Eyes

Or just put him on ignore.  He is the first and only person I've ever ignored and it is blissful.  So arrogant and loves to see himself type.

LOL

https://bitcointalksearch.org/topic/m.6090318
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
2. They really REALLY want you buy the new iPhoneX. Because it's supposedly "awesome". And a "game changer". No really. Never mind that it costs $1K. Or that face recognition stuff where Apple will forever store your face recog profile in the cloud along with all your other personal info. I mean, no way that the NSA or hackers could get access to that info. Right? Sure, sure.

You seem to have either:
1) a fundamental misunderstanding of the (disclosed) details of how the face recog stuff works; or
2) insider knowledge which contradicts Apple's public statements.

Which is it?

Reminds me of all the false FUD surrounding the details of the inner workings of Apple Pay that used to circulate on this forum a year or two ago.

wow...I been putting up with the bear at the pick-nick table too, but this...


wow, OK folks please google CV dazzle, also hijab? not such a bad idea as it turns out...
hero member
Activity: 605
Merit: 634
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Had to sell a bit to cover Q3 taxes and equipment. I hate selling on a dip, drat....

A sign of being overly invested.. in other words, you do not have your expenses projected out on a long enough timeline in order to provide you a large enough float.. whether that float needs to be $1k or $10k or $20k is something for you to determine ( but seems like you don't quite have it down, yet). 

I tend to project my expenses out a minimum of 6 months and frequently into the 18months or more timeline... so a lillie dip like this (and only for about 2 weeks) has not been going on long enough to cause anything close to cash flow pressures - Sure, if it goes on for 6 months or it goes down another 50%, then that could be another story for me, and I would want to start adjusting now for what could happen 6 months from now so I am not selling at the bottom, if that were the case.

Incorrect. I run a business here, one that needs to pay for itself first. If I were to pay for things using pocket money then I would be essentially investing that in bitcoin, which is not my intent. Therefore when I have to buy supplies I batch withdraw some bitcoin and note it in the ledger. Same with taxes and such.

Besides this little dip is in the middle of the most amazing run ever. I don't try to time the market, I let the chips fall where they may.

That's crazy, you should do it the JJG way.  Project your expenses 6 months from now and then sell at the top so you don't have to sell during a "lillie dip".  How hard is that?  If you don't have perfect market timing then you must be "overly invested".

Roll Eyes

Or just put him on ignore.  He is the first and only person I've ever ignored and it is blissful.  So arrogant and loves to see himself type.


I would like to see myself type.... NOT  me.    Roll Eyes Roll Eyes Tongue
legendary
Activity: 2044
Merit: 1005
Had to sell a bit to cover Q3 taxes and equipment. I hate selling on a dip, drat....

A sign of being overly invested.. in other words, you do not have your expenses projected out on a long enough timeline in order to provide you a large enough float.. whether that float needs to be $1k or $10k or $20k is something for you to determine ( but seems like you don't quite have it down, yet). 

I tend to project my expenses out a minimum of 6 months and frequently into the 18months or more timeline... so a lillie dip like this (and only for about 2 weeks) has not been going on long enough to cause anything close to cash flow pressures - Sure, if it goes on for 6 months or it goes down another 50%, then that could be another story for me, and I would want to start adjusting now for what could happen 6 months from now so I am not selling at the bottom, if that were the case.

Incorrect. I run a business here, one that needs to pay for itself first. If I were to pay for things using pocket money then I would be essentially investing that in bitcoin, which is not my intent. Therefore when I have to buy supplies I batch withdraw some bitcoin and note it in the ledger. Same with taxes and such.

Besides this little dip is in the middle of the most amazing run ever. I don't try to time the market, I let the chips fall where they may.

I let my comments stand where they may, too, and it seems to make little to no difference that you are "running a business." 

The same principles apply regarding cashflow management and figuring out ways to minimize the need to make sales of a volatile asset at the potential bottom... that is if you have any kind of choice and control in structuring those kinds of matters... .. whether my comments apply to your situation or not, that is up to you to decide and apparently you are deciding that my comments do not apply to your situation.   I have no problem with that because you should know your situation better than anyone else, and I was merely commenting upon the situation that you seemed to have been presenting.

Further,  I understand that if you have a business that is structured to merely sell no matter what the price, then that seems to be a different story, and might not even warrant a comment in this thread because the business is set up that way, since in that kind of case you would have been selling no matter what the price... and just perhaps hoping the price would have been higher... but may not really matter, if you already set up the business in that kind of .. sell right away way.

Similar to miners which do not account for projected earnings its here and now. These other businesses are the same. Miner variance is too high which reduced decentralization in bitcoin which is a result of this phenomenon.
legendary
Activity: 3620
Merit: 4813
sr. member
Activity: 260
Merit: 251
Anyone has some correlation between price and difficulty at the ready?

They aren't directly correlated, but in the past couple years, the USD price per GH/s has not dropped much below 3E-07 USD/GH/s. Right now we're at 6.85E-07. Assuming price stays flat until the next difficulty jump, that would bring us to 5.8E-07. That's elevated, but within trend for April-July. Based on the historical floor of 3E-07, price shouldn't drop below $2340 USD.
legendary
Activity: 1904
Merit: 1002
Had to sell a bit to cover Q3 taxes and equipment. I hate selling on a dip, drat....

A sign of being overly invested.. in other words, you do not have your expenses projected out on a long enough timeline in order to provide you a large enough float.. whether that float needs to be $1k or $10k or $20k is something for you to determine ( but seems like you don't quite have it down, yet). 

I tend to project my expenses out a minimum of 6 months and frequently into the 18months or more timeline... so a lillie dip like this (and only for about 2 weeks) has not been going on long enough to cause anything close to cash flow pressures - Sure, if it goes on for 6 months or it goes down another 50%, then that could be another story for me, and I would want to start adjusting now for what could happen 6 months from now so I am not selling at the bottom, if that were the case.

Incorrect. I run a business here, one that needs to pay for itself first. If I were to pay for things using pocket money then I would be essentially investing that in bitcoin, which is not my intent. Therefore when I have to buy supplies I batch withdraw some bitcoin and note it in the ledger. Same with taxes and such.

Besides this little dip is in the middle of the most amazing run ever. I don't try to time the market, I let the chips fall where they may.

That's crazy, you should do it the JJG way.  Project your expenses 6 months from now and then sell at the top so you don't have to sell during a "lillie dip".  How hard is that?  If you don't have perfect market timing then you must be "overly invested".

Roll Eyes

Or just put him on ignore.  He is the first and only person I've ever ignored and it is blissful.  So arrogant and loves to see himself type.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Had to sell a bit to cover Q3 taxes and equipment. I hate selling on a dip, drat....

A sign of being overly invested.. in other words, you do not have your expenses projected out on a long enough timeline in order to provide you a large enough float.. whether that float needs to be $1k or $10k or $20k is something for you to determine ( but seems like you don't quite have it down, yet). 

I tend to project my expenses out a minimum of 6 months and frequently into the 18months or more timeline... so a lillie dip like this (and only for about 2 weeks) has not been going on long enough to cause anything close to cash flow pressures - Sure, if it goes on for 6 months or it goes down another 50%, then that could be another story for me, and I would want to start adjusting now for what could happen 6 months from now so I am not selling at the bottom, if that were the case.

Incorrect. I run a business here, one that needs to pay for itself first. If I were to pay for things using pocket money then I would be essentially investing that in bitcoin, which is not my intent. Therefore when I have to buy supplies I batch withdraw some bitcoin and note it in the ledger. Same with taxes and such.

Besides this little dip is in the middle of the most amazing run ever. I don't try to time the market, I let the chips fall where they may.

I let my comments stand where they may, too, and it seems to make little to no difference that you are "running a business." 

The same principles apply regarding cashflow management and figuring out ways to minimize the need to make sales of a volatile asset at the potential bottom... that is if you have any kind of choice and control in structuring those kinds of matters... .. whether my comments apply to your situation or not, that is up to you to decide and apparently you are deciding that my comments do not apply to your situation.   I have no problem with that because you should know your situation better than anyone else, and I was merely commenting upon the situation that you seemed to have been presenting.

Further,  I understand that if you have a business that is structured to merely sell no matter what the price, then that seems to be a different story, and might not even warrant a comment in this thread because the business is set up that way, since in that kind of case you would have been selling no matter what the price... and just perhaps hoping the price would have been higher... but may not really matter, if you already set up the business in that kind of .. sell right away way.
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Had to sell a bit to cover Q3 taxes and equipment. I hate selling on a dip, drat....

A sign of being overly invested.. in other words, you do not have your expenses projected out on a long enough timeline in order to provide you a large enough float.. whether that float needs to be $1k or $10k or $20k is something for you to determine ( but seems like you don't quite have it down, yet). 

I tend to project my expenses out a minimum of 6 months and frequently into the 18months or more timeline... so a lillie dip like this (and only for about 2 weeks) has not been going on long enough to cause anything close to cash flow pressures - Sure, if it goes on for 6 months or it goes down another 50%, then that could be another story for me, and I would want to start adjusting now for what could happen 6 months from now so I am not selling at the bottom, if that were the case.

Incorrect. I run a business here, one that needs to pay for itself first. If I were to pay for things using pocket money then I would be essentially investing that in bitcoin, which is not my intent. Therefore when I have to buy supplies I batch withdraw some bitcoin and note it in the ledger. Same with taxes and such.

Besides this little dip is in the middle of the most amazing run ever. I don't try to time the market, I let the chips fall where they may.
legendary
Activity: 1474
Merit: 1087
Tell them to hold at least 10 years and don't check that address too much because it overloads the system.

LOL, I really love you sometimes.  Cheesy
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