Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17046. (Read 26586465 times)

That is the question. I have 100 btc and nothing in anymore but time/hobby/labor....I mined my way into the 100 btc being all profit...thus how the hell can I even think
about selling....triumph or tulips at this point in time for me.

But the question is again how high will it go....if it goes to say 6k drops to 3k and recovers....slowly say 4-5 months of sideways..then repeats

I expect a 'staircase' kind of climb...right now it looks like a high speed escalator at WTH speed

but anyway ...there will be a correction dump or whatever you want to call it...but damn from how high to how far a correction will it be

and IF it is all about adoption..it may NOT stop rising for a few months yet depending on demand

anyway the pucker factor to sell will be immense when if it hits 5,000 usd btc imho.....shit got real


But again...say it dumps back to 2k ....well hell it was $450 usd last July 2016 or so right? ......the real question is does btc and crypto have legs to NOT

drop below 2k anymore etc etc.....if so that means it must be a combo of 'adoption' and 'holding' of a pretty substantial scale imho...more so if it pumps to 5k eventually

anyway, out of my hands ..just have to ride this sled down the hill ....exciting times

A case could be made for me selling out now..but I'd feel ok at 1k btc again vs 5k btc if I jumped out now....such is the bet..such are folks choices

5 digit until next year.. If trend continues like this every week we are jumping then i feel that this X-mas we will surely hit 5 digit and then a major dump for profit.

We'll see the bull keep going until later next week and then likely a major dump. However, we'll see 5 digits by Feb 2018 w/ a major breakout coming in 2019. That's right I said it.

Real estate where? Cheap apartments and rent them out? I need ideas on how to sustain myself once I sell... I'm over the job route

I certainly understand consumption and living life.. but you also have to have some money invested, unless you believe that you are going to die soon.

So yeah, cash out along the way, live within your means, and perhaps splurge from time to time, while still having some investment, no?

On the other hand, if you believe $2900 to be the top, then yeah, some of that cashed out money might be prepared for the BIG crash, if it were to happen.

Ok.  That is a fair enough perspective.

One thing is knowing about bitcoin and not investing and another thing is not knowing about bitcoin and not investing.

But, sure, you have to decide for yourself, so even if you remind me of some other people that I know, you do hold some coins, and maybe I was trying to  impose too much of my own expectations on you? 

So, maybe I have a hard time relating.

I personally have been accumulating for 3.5 years, but only selling a small amount along the way, so in the end I continue to accumulate, even though when the price rises a lot, my stash of bitcoin does go down a bit and my stash of dollars go up and I am just itching for a drop in order to get some of those dollars back in.. so yeah, we have  a bit differing perspective.

yes you can ... but it's more expensive.
https://www.youtube.com/watch?v=iCd32Eiuxak

Oh I don't know. That's a pair of luducrous mode Teslas, so you and your partner can race each other on the streets (since there is really nothing else you CAN race with one of those things.)

and that's why somes members care about network feature (and speed, stability and efficiently) and others, about the price.

well, traders are good for dispatch ... but not for the long term network evolution.
and this is good : traders are youngs, nodes are seniors and developpers ... are blood.

A network for the next 100 years.





and perhaps, more applications, too ...

Well, since there are only 21 million coins that will ever be available, if 1 billion people decided to hold bitcoin (which is way less than the 30-40% you give,) that would only be .02BTC available per person. I currently hold 1.3 BTC. That would be way above the average. Also, I already cashed out my original investment, long ago, so this 1.3 BTC that I have right now is all gravy.  

https://www.reddit.com/r/ethtrader/comments/6fnm8d/when_you_show_your_parents_your_eth_profits/


What could go wrong?

Why isnt the price moving upward

Someone has a bad news ?😱

Its like the price is struggling to go up..

It's a big and lonely ocean out there.

My fortune cookie told me I will participate in an endeavour of great advantage. But I assumed it would be a sex thing.

I know several people who are very similar to you.

They do not invest, and they continue to tell people to pull out their principle, protect themselves, protect themselves, so yeah, I don't know at what point you kind of people get in.  Maybe once 30 to 40% of the world are in, then you will get in?

Anyhow, sometimes we have to invest a bit and then just stay the course and just write off our principle.

Yeah, nothing wrong with cashing out a bit here and there to protect ourselves, but we should not be so narrow sighted as to be worried about retrieving our principle because we may end up leaving ourselves under-invested in a highly appreciating asset.

Uncle Sam appreciates your investment in weapons for ISIS with your tax dollars.

These kinds of stories never make any sense to me.

I can understand cashing out little by little, but what you gonna do with your money if you cash out all of them?

O.k... ?  Around $280 k and mostly profit.. but, still where you gonna put it?  just blow it all?

I can understand cashing out 20% and going on a vacation or something like that.

I remember when the price shot up to 60 dollars when I had bought at 20, all my friends at work were saying I should sell. Calling me crazy for not selling as it went over 100.

I will diversify into Seasteading later this year as I see that as the next world changing technology that I believe in.

You seem like a lost and bewildered soul at present. I think it's time you did something life changing like sailing to Polynesia on a raft made of inflated condoms. Fill half of them with drinking water and astronaut paste and you'll return with a boatload of perspective.

Our success. I never saw it coming.