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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17733. (Read 26716251 times)

hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Now available for less than one BTC if you don't mind some light restoration either. That's the parity I was waiting for.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo

... or maybe a new set of wheels?, had my eye on this beauty, recommended by the "financial planner"



legendary
Activity: 2604
Merit: 3056
Welt Am Draht
ImI
legendary
Activity: 1946
Merit: 1019
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo


time for a bigger boat?
hero member
Activity: 784
Merit: 1001


wait, wait ... something feels wrong ... something's not quite right ... OMG, I just realized: I haven't checked the bitcoin price in nearly FIFTEEN MINUTES!!! How could I have let that happen!!!?!?!?!

hero member
Activity: 784
Merit: 1001
Indeed. You know that they can benefit from the holy mighty bitcoin. But they are to proud and stubborn to admit that bitcoin is great and that they were wrong.

True. And we should also keep in mind that it can be a bit presumptuous of us to expect someone to invest into what would appear to them to be a get-rich-quick scheme (or get rich slow ... whatever), something that they have absolutely NO comprehension of, based purely on ONE person's belief that it's the next big thing. Try to imagine how it would feel if the tables were reversed.

ImI
legendary
Activity: 1946
Merit: 1019
I did help a friend buy some in 2014 at $600, who sold at just over $200 because he couldn't stomach the drop. Never again.

I considered recommending it in the $200s, but thought better of it. Most people will hold a hidden resentment against you if it drops, and their loss will become your burden.

... and it can be even weirder than that. Many people will also resent you if you recommend a winner and they don't buy and it goes up ... basically any time you put yourself in the situation of "i'm right, you're wrong" or "i'm wrong, you're right" and there's financial advantage involved, they will resent you ... it's lose-lose.

Strangely, if you charge them exorbitant fees and call yourself a "financial adviser" all that burden goes away and you can gamble with their funds like a drunken sailor.

Yeah, Friends&Family and financial advice is a VERY difficult subject.

True fact. Just today my father said me that i should sell a portion, and thinking in it better i passed to explain him my expectatives lol.

Yeah, and they never listen. I have some friend and gave him early last year the advice to buy some ETH with around 20% of his overall crypto investment. He did. The next day i wake up and look at my whatsapp. 5 messages from him. "Hey dude you know Ripple!? Its da shit! And do you know Lisk!? Its da shit!"

Turns out he went to Polo, listened to the silly trollbox and invested all of that remaining 80% in Ripple, Lisk and some other shit.  Grin

Seriously if they don't respect your advice...
legendary
Activity: 3794
Merit: 5474
it mean HODL for 10 years and then dump everything you got  Tongue

Nope, fiat purchasing power will continue to erode against bitcoin ad infinitum.
member
Activity: 63
Merit: 10
Smaller fishes can be younger but also smart ;p
I did help a friend buy some in 2014 at $600, who sold at just over $200 because he couldn't stomach the drop. Never again.

I considered recommending it in the $200s, but thought better of it. Most people will hold a hidden resentment against you if it drops, and their loss will become your burden.

... and it can be even weirder than that. Many people will also resent you if you recommend a winner and they don't buy and it goes up ... basically any time you put yourself in the situation of "i'm right, you're wrong" or "i'm wrong, you're right" and there's financial advantage involved, they will resent you ... it's lose-lose.

Strangely, if you charge them exorbitant fees and call yourself a "financial adviser" all that burden goes away and you can gamble with their funds like a drunken sailor.

Yeah, Friends&Family and financial advice is a VERY difficult subject.

True fact. Just today my father said me that i should sell a portion, and thinking in it better i passed to explain him my expectatives lol.
sr. member
Activity: 392
Merit: 250
Indeed. You know that they can benefit from the holy mighty bitcoin. But they are to proud and stubborn to admit that bitcoin is great and that they were wrong.
ImI
legendary
Activity: 1946
Merit: 1019
I did help a friend buy some in 2014 at $600, who sold at just over $200 because he couldn't stomach the drop. Never again.

I considered recommending it in the $200s, but thought better of it. Most people will hold a hidden resentment against you if it drops, and their loss will become your burden.

... and it can be even weirder than that. Many people will also resent you if you recommend a winner and they don't buy and it goes up ... basically any time you put yourself in the situation of "i'm right, you're wrong" or "i'm wrong, you're right" and there's financial advantage involved, they will resent you ... it's lose-lose.

Strangely, if you charge them exorbitant fees and call yourself a "financial adviser" all that burden goes away and you can gamble with their funds like a drunken sailor.

Yeah, Friends&Family and financial advice is a VERY difficult subject.
legendary
Activity: 1512
Merit: 1012
Next target : Diamond parity.

legendary
Activity: 1512
Merit: 1012


Gold parity = Check complete.

legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
Taking out $1300 over the weekend?

Probably this will happens over the weekend but here is the answer of Friday :

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
I did help a friend buy some in 2014 at $600, who sold at just over $200 because he couldn't stomach the drop. Never again.

I considered recommending it in the $200s, but thought better of it. Most people will hold a hidden resentment against you if it drops, and their loss will become your burden.

... and it can be even weirder than that. Many people will also resent you if you recommend a winner and they don't buy and it goes up ... basically any time you put yourself in the situation of "i'm right, you're wrong" or "i'm wrong, you're right" and there's financial advantage involved, they will resent you ... it's lose-lose.

Strangely, if you charge them exorbitant fees and call yourself a "financial adviser" all that burden goes away and you can gamble with their funds like a drunken sailor.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
it mean HODL for 10 years and then dump everything you got  Tongue

Fair enough. A price beyond its 'realisable potential' sounds pretty darned high to me. I supposed I'll let it go and invest my fortune in teaching worms English.
sr. member
Activity: 704
Merit: 270
Bitcoin is eventually going to be priced above it's realizable potential and that tipping point will hurt big time. I think this is to come in 10 years or so...

What does this mean?

We all think (mostly) that bitcoin/blockchain has a bright future, with layers and an ecosystem built on top of the immutable ledger. Part of the price of bitcoin I think is potential utility in addition to current utility.
Many applications will be realized and the price will climb in good faith that there is still potential yet to be realized, all as people hop on the train. At some point we will plateau w.r.t. to potential, causing a shift in how the market works (end of bubble cycles maybe). Kinda like "it is what it is" instead of "it is going to be amazing".

Maybe this is already happening; things we already expected have not come to fruition (LN, sidechains) and we just accept bitcoin as digital gold, a store of wealth (fat chance!).

I don't really know...
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