Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16647. (Read 26608824 times)
August 12, 2017, 10:52:33 AM
This is insanity!!
August 12, 2017, 10:50:31 AM
It's becoming increasingly tempting for me to just cash in my pitiful 2 BTC and be done.
Pls PLEASE, if I could give one piece of advice. Don't do that. Don't be poor in the future. I don't want you to be poor.
I keep seeing things like this all over the web. The less bitcoin one possesses seems to correlate with a higher desire to "cash out" at some point soon. The attitude being "Well if it's not going to make me rich in 5 or 10 years, then what's the point of holding on to it. Might as well buy something nice with it."
Holding on to bitcoin is like having exponential compound interest. You won't realize it until it really starts to kick in. It's like winning the lotto buy in slow motion (but faster than conventional investments).
Twenty years from now, someone owning 0.5btc or even 0.2btc will be held in complete awe.
I should have sold more of my gold stash... . And have relieved me from the MT Gox trauma... . That said, I sell small qty's only to buy back more in the dips ( that are rather rare now... .)
August 12, 2017, 10:46:14 AM
It's becoming increasingly tempting for me to just cash in my pitiful 2 BTC and be done.
Pls PLEASE, if I could give one piece of advice. Don't do that. Don't be poor in the future. I don't want you to be poor.
I keep seeing things like this all over the web. The less bitcoin one possesses seems to correlate with a higher desire to "cash out" at some point soon. The attitude being "Well if it's not going to make me rich in 5 or 10 years, then what's the point of holding on to it. Might as well buy something nice with it."
Holding on to bitcoin is like having exponential compound interest. You won't realize it until it really starts to kick in. It's like winning the lotto but in slow motion (but faster than conventional investments).
Twenty years from now, someone owning 0.5btc or even 0.2btc will be held in complete awe.
August 12, 2017, 10:45:57 AM
is this real life? can somebody hold my hand please 
kwukduck will hold ya
August 12, 2017, 10:42:58 AM
is this real life? can somebody hold my hand please
Yes, it's real. This is better than a hot shooter at a craps table. Keep it coming.
(Unless your the one that keeps betting on the Don't Pass/Don't Come line ie shorting BTC.) August 12, 2017, 10:39:52 AM
is this real life? can somebody hold my hand please
August 12, 2017, 10:28:46 AM
Oh look, another new ATH.
$3857USD (Bitcoinaverage).
Very agreeable.
$3857USD (Bitcoinaverage).
Very agreeable.
August 12, 2017, 10:27:48 AM
4000 USD ?!?It's becoming increasingly tempting for me to just cash in my pitiful 2 BTC and be done. But then what would I do with my free time?
I guess I could go back to Candy Crush or BOINC. I abandoned those in late 2014 to give BTC and Cryto a try.
August 12, 2017, 10:27:25 AM
Bitcoin is still getting warmed-up, we haven't seen anything yet. Real fun starts when we get Segwit and sidechains.
The road to $100k and beyond will be glorious, hold and enjoy the show.
Nice another ATH
The road to $100k and beyond will be glorious, hold and enjoy the show.
Nice another ATH
August 12, 2017, 10:26:26 AM
Why would you need to get paid? ...
I say that because anything that takes a lot of work would require motivation to keep working as opposed to just sleeping in and playing video games. It would not be fair to anyone if I started working on something that I believe in then bail once I grew bored of it or something else took up my time.
I might consider writing a multiplayer seasteading video game. I worked on games in college and that was something I enjoyed doing voluntarily. But it was on my own schedule.
I can understand that. I have several passion projects that I rotate through in my free time and I def enjoy the freedom to pick them up and put them down at will.
Question for me is: at what bitcoin price can I work on my passion projects full time? I think we're close (on a log scale) but not quite there yet. I suppose that's a question relevant for many people on this thread. Perhaps that could be a poll: at what bitcoin price will you quit your day job - or maybe keep working, but no longer care about the salary?
August 12, 2017, 10:21:59 AM
4000 USD ?!? August 12, 2017, 10:18:03 AM
Back up over $3800USD on all major exchanges.
How pleasant.
How pleasant.
August 12, 2017, 09:32:30 AM
Gdax prices still way above the rest. What do you think the matter is?
Perhaps it's not related, but Gdax/Coinbase may be getting more volume due to the plans on Bitfinex to phase out US customers. (Or they'll move to Kraken, Bitstamp, or Gemini I suppose.) They already are not validating any more US customers.
https://www.bitfinex.com/posts/216
Pity, i was really hoping that I could do something with the $0.14USD and 2000K sats of BTC and BCH that I have on there.
Furthermore, Coinbase is one of the easier gateways for people to buy/sell bitcoins for USD. If the price is trending higher than the other exchanges, it is usually a good indicator of noob interest. If it's lower, than it is a good indicator of people wanting to make an quick exit back to fiat.(I'm making an educated guess here, admittedly, though.)
August 12, 2017, 09:19:39 AM
Gdax prices still way above the rest. What do you think the matter is?
August 12, 2017, 09:15:49 AM
Drat... I sold the last of once cold stored BTC at €2600, and now we are at €3225... 
Didn't expect the climb after the pump, so did not buy back. And now, waiting for a correction (they always come) before buying back.
Didn't expect the climb after the pump, so did not buy back. And now, waiting for a correction (they always come) before buying back.Most of you will lose your fortunes on the way to the top just like this. You have a mathematical certitude that bitcoin will go to hundreds of thousands of $ in price
...yet you fucks still get greedy like this.
Well, most will. I managed to quadruple my BTC fortune since I started in the 90$-range.
The key, when you do a mistake, like above, acknowledge it, calmly weigh the options and acts without being affected by emotions. 
August 12, 2017, 09:13:25 AM
Indeed. I used to wonder if BTC would pass silver. Then be on parity with gold. Now I'm waiting for parity with BRKA....
Give it time.
Give it time.
August 12, 2017, 09:07:50 AM
An extra early but splendid good morning Bitcoinland.
I missed a couple of days but see that the post-fork rally is continuing quite nicely.
Another day, another ATH, another small correction/profit-taking, onward and upward... currently $3800USD/$4818CAD (Bitcoinaverage).
Amazingly, AltCash is still over $300... currently $327USD/$415CAD (Coinmarketcap).
The CAD total over $5k represents a nice new milestone. Anyone with a couple hundred bitcoins is now a millionaire.
____
You used to have to be a whale to be a millionaire. Now the millionaires' club is open to small fish.
I missed a couple of days but see that the post-fork rally is continuing quite nicely.
Another day, another ATH, another small correction/profit-taking, onward and upward... currently $3800USD/$4818CAD (Bitcoinaverage).
Amazingly, AltCash is still over $300... currently $327USD/$415CAD (Coinmarketcap).
The CAD total over $5k represents a nice new milestone. Anyone with a couple hundred bitcoins is now a millionaire.
____
You used to have to be a whale to be a millionaire. Now the millionaires' club is open to small fish.
August 12, 2017, 08:41:23 AM
I can't wrap my head around the ATH,s flashing past either. So I play a mental game and say
the price corrects 1/3 back to say from current price $3,750 to $2,475. But then that number freaks
me out, because I remember $650 btc last summer. Stuck in a loop. My head hurts.
In 2013 at $150 usd it was easy to think. Tulip money. Easy come easy go.
Er. Now. Not so much.
I know. I just woke up and was thinking about you as I looked at today's price. Are you also wiggling in glee like a happy little glowworm right now? the price corrects 1/3 back to say from current price $3,750 to $2,475. But then that number freaks
me out, because I remember $650 btc last summer. Stuck in a loop. My head hurts.
In 2013 at $150 usd it was easy to think. Tulip money. Easy come easy go.
Er. Now. Not so much.
August 12, 2017, 08:04:23 AM
Drat... I sold the last of once cold stored BTC at €2600, and now we are at €3225... Didn't expect the climb after the pump, so did not buy back. And now, waiting for a correction (they always come) before buying back.
Didn't expect the climb after the pump, so did not buy back. And now, waiting for a correction (they always come) before buying back.Most of you will lose your fortunes on the way to the top just like this. You have a mathematical certitude that bitcoin will go to hundreds of thousands of $ in price
...yet you fucks still get greedy like this.
What a resentful and judgmental fuck you are.
Of course, hodlers are going to get excited.
Of course, there is going to be a lot of variance regarding when to sell and how much.
Also, it seems that we are currently in an upward trend that is likely to take us a bit of a ways.
I still say next resistance in the $4800 to $6800 territory, and then $8500 to $13000 territory.. and then $16500 to $19k thereafter.
WE gotta get through resistance in each of these areas, and I could see going to the $8500 to $13000 territory in this run, but I have a hard time with any kind of reasonable plausibility of the $16.5k to $19k... range... but what do I know?
I still can't wrap my head around the fact that we are seriously talking about prices like this (and being realistic)... bitcoin has come a long way
This is my first real bubble too... from $250 to $3800 is quite amazing, and surely having had made it past the earlier resistance makes these higher levels of resistance quite more realistic and plausible, especially since the rise from $250 has been decently gradual (over nearly two years) as compared with other exponential growth periods that were much shorter. And, people were pretty fucking pessimistic in 2015, and some hodlers were selling parts of their stash and turning into bears, too... and even the participation in this thread was quite low, too.
So we are truely in better days in which the trend is our friend, especially if we can play it strategically and sell on the way up but not too many, because you want to have a decent stash, even if the unthinkable and the less likely scenarios play out.... that is $20k and then Adam's repetitively favorite $32k thereafer... hahahahaha I plan to have sold some coins along the way and still have a decent stash of coins in any off those upwards and seemingly less likely scenarios.
I can't wrap my head around the ATH,s flashing past either. So I play a mental game and say
the price corrects 1/3 back to say from current price $3,750 to $2,475. But then that number freaks
me out, because I remember $650 btc last summer. Stuck in a loop. My head hurts.
In 2013 at $150 usd it was easy to think. Tulip money. Easy come easy go.
Er. Now. Not so much.
August 12, 2017, 07:19:41 AM
Sooo...woke up to a new ATH...what's the target for this weekend? $4k?
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