Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16497. (Read 26709945 times)

You are really pie in the sky if you think that Gold is going to appreciate better than BTC in the coming years.

Sure, anything can happen, but you are not being very practical or logical if you believe that various governments can more easily control the movement, storage and hoardings of bitcoin as compared with gold. 

If I have a million in gold?  versus if I have a million in bitcoin? 

bitcoin seems to be much more divisible, portable, lower storage costs, easier to hide (obscure and secure), and even verifiably transparent in terms of getting what you are getting... so sure, you can uptalk gold all you like, but it just does not seem convincing - haven't various governments already made attempts at regulating bitcoin, and they are having some difficulties - not that they are going to discontinue trying, but bitcoin continues as a bit of a puzzle for them in how to deal with it, exactly. 

It seems quite strange that we continue to have goldbugs coming into these bitcoin threads with their hard-ons for gold and pms, and holy fuck has bitcoin been outperforming pms in the past couple of years... holy fuck, holy fuck!!!

I'm not sure I've seen a tweet from him in recent years that wasn't projectile defecated all over below it. You've got to admire the sheer bullheadedness at least.

Lol, nobody is buying Roger Ver's bullshit anymore:

https://twitter.com/rogerkver/status/903780652369289216

Just look at all the commenters... #REKT

Jimbo:

Do you keep track of your average cost per BTC?  Since you buy and never sell your average cost per BTC must be going up and up and up?  I understand that you started buying in the double digits (or at least I recall that), and I think that you responded to this kind of question from me previously, so sorry about the redundancy.

I do believe that your system does go to show (even with various fees) that you can come out much ahead, even by employing a BTC hodl and accumulation strategy without selling (except maybe selling when it comes time that you really feel that you need to cash out of some of those babies)

Recall that I started buying at $1200 in late 2013, and after about two years of buying at lower prices, my average price per BTC dropped to a bit more than $500.  It could have been much lower, except I had blown a larger portion of my wadd at buying in the $600 and $400 price territories while experiencing some quasi-unexpected cash flow issues in 2015...

Thereafter, starting in late 2015 I engaged in trading that employed a good system of buying back with money that I had gained in selling, and largely brought my BTC stash up while bringing my average cost per BTC down to below $400 by early 2017.

There seems to be some advantages to limiting your interactions and using paper storage because my keeping some coins on exchanges has resulted in various losses through hacker sophistication to get into my personal credentials and also through exchange vulnerabilities, so sometimes these kinds of exchange related losses and interacting by sending BTC around can end up taking away some BTC profits to lower the total amount of bitcoins held and/or raise the average cost per BTC. 
 
I think that the punchline for me, is that my total number of BTC is lower than it had been in late 2015 because of losses - but my average cost per BTC is less (at least in the $400-ish territory), but mostly due to BTC price appreciation of selling higher and buying lower - even though I am buying back at much higher prices than my average, my average price per BTC keeps going down because I am selling at prices higher than I buy.

Your system seems much more hands off, even though you run out in your pajamas at 2 in the morning.  hahahahaha 

to be fair, if I had his money the MDMA and hookers would probably have me pretty addled by now

I think his marbles have.

Soo whats now..?? 

Miss him? He was active on bitcointalk today and posted only a few days ago. He hasn't gone anywhere has he?

Reading from my tea leaves weekly bitcoin chart, I predict at least one big red candle in september. my bet is that we'll have a look below 4k. and if its deep enough i would finally be able to buy back some

Ok, here's mine. Long term btc har doubled in price visavi dollar every eight months. Last year btc doubled , this year it has, so far, doubled in price every four months, if it keeps doubling every four months I predict 10000USD
by new year, 20000 by may first, 40000 by September first and 80000 by next new year.

Having said that, the last time I posted a prediction was in early december 2014, and we all know what happened after that.

EDIT: I mean of course early January 2014

I miss the guy.

Life is short, eat dessert first....


*nod* The early 70's air cooleds are going for silly amounts of money, I'd leave them alone. Plus they had rust as a factory installed option; they would spray the floorboards with salt water just to do it....

I don't really go for the 90-2000's Porsches. I prefer the 70's and 80's, the water cooled models like the 944S/944Turbo and the 85-87 928's are actually pretty good deals for the money. You could also pick up a 914 cheap, they're oddly fun little cars.

Don't worry about the paleness, he's from Finland, they are all pale like snow ghosts.

@4520ish and ready for 4300

Who bought the bottom? 

The whaletail porsche might be my favourite shape even without the spoiler.   Im not sure most people should buy the classic 911 if just driving normally on a road, a modern car with various devices to aid control is probably more sensible.    If you live out in the middle of nowhere and can experiment then it might be a dream of course, I'm not a fan of modern cars that wont stop going bing all the time.


The bitcoin price pulling back to 4333 looks reasonable as a previous kind of ceiling and now support.   Call it bullish again when rising above 4730 and just keep watching till then as market decides between the two.   The previous 3622 remains relevant of course but the bulls are no doubt not hoping it is on the menu

I believe that I can live forever actually. Might be proven wrong in the end.

Yes my favorite is an old Targa, however these are too expensive right now. I'm looking at the 996, cheaper and maybe also more useable as a daily driver. I've even seen one with the front replaced by a kit making it look like a 997.

At work someone has acquired a 996 Targa and this made me realize that the 996 and 997 Targa are not Targa at all, just coupes with a big sunroof.

There are other things I want to do that will cost me less than that, with more incremental spending, getting a pilot's license for one, so I'll start with that first.

Been waiting for a good opportunity to put in some more fiat. This looks like it might be it. But when though....

Waiting for some consolidation before pulling the trigger I think. Maybe Tuesday

May the weak hands be shaken and the strong hands be rakin'

Gold's all time high inflation adjusted, which is supposed to be the point of it, was over three and half decades ago.

Bitcoin's was about 12 hours ago.

How much is your gold worth in Huston BTW. ...