Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19499. (Read 26623412 times)

Coin



Explanation

dud, you are not here to talk about the off topic here, we are here to speculate the bitcoin price, fag.
by the way bitcoin has no volatility as of now. lmao.

Such confidence! Such inside knowledge!

So your average buy in price is quite a bit less than what I had initially thought that you had said..

Anyhow, based on what you said, I will place your average buy in price around $245 per BTC, and your total amount invested around $45k.

Actually cashing out all or a very large portion of your BTC holdings may not be a bad idea, because taking or locking in profits can be a good thing and then to reconsider your situation. 

One problem with taking profits;however, could be tax consequences, and you may want to consider keeping some of your bitcoins invested in BTC in order that you will not need to consider tax consequences (at least defer such considerations until when you cash out).

But that is a personal choice.

It seems that your personal amount invested in BTC is around $45k, and the value of your BTC holdings is around $75K (at $400). 

Personally, I would recommend that you consider some form of moderate approach in cashing out that would keep a portion of your BTC holdings. 

You could cash out a bit over half of your BTC holdings or even around half, and get back most of your initial dollar investment, but even if bitcoin remains, quite volatile, if you continue to hold 50 to 90 BTC, you will still be in a considerably decent position without having a whole lot of your personal money invested (mostly just profits), so for example, you could cash out the equivalent of $45k, and still maintain nearly half of your coins for the longer term...

Anyhow, ultimately, the choice is yours to make in light of your total circumstances.

By the way, providing specific numbers does help us to consider your particular matter more thoroughly, but it does also disclose personal information about you too that may not be necessary in order to brainstorm with you about considerations in making a decision.. because ultimately, when you make a decision about what to do with your bitcoins and your life investment choices, you are likely weighing other factors merely beyond your bitcoin holdings.


 

What do you expect when the price does not move?  Only discussions on something completely different.
By the way interesting chart you are sharing here. I'll have a closer look. 

There are known problems with Bitcoin's existing code we need SW to fix.  IE, your money isn't currently secured as well as it could be given segwit.

SW doesn't add as much code as the Tooministas and their Buttcoin allies FUD on about.  It's an elegant solution to about 10 problems - not a gimmick or a Trojan horse or a kludge.  That's why wallet devs are eager to make their products compatible with the planned upgrade (presently undergoing testing).

Coin



Explanation

that sounds like a crap strategy ... i understand your sentiment though... u might get ur bluff called cuz 350 has been their bottom.

have any of u guys just get sick of bitcoin ??

oh right, no i dont mind disclosing, its considered as informative.

100 below $230 and 50 between $230-$245 (banked a large cash so converted a portion) and around 40.69 between $260-$290

thats why i wanted to sell a little bit over $400. i would feel more profitable. but still, in about 24hours, ill drop maybe 30-35coins. just to get a little bit of liquidity and the rest i will keep them (for the time being because the situation is not yet critical critical) but if it drops to $380-$385 am dumping all and do something else with my life.

yup, dow is bouncing.


ps: thx for the inputs above, red the segwit faq since it came out, yet still not convinced, i'd rather have my money secured by lean code.

Indeed it was. Many of the coins pumped were <$100K market cap, some under $10K. Many unmaintained coins, etc. Crazy action.

Moving to altcoins...that aren't named Monero!  Why XMR and ETH only alts in deep red today?  So crazy.  Is it International Pump A Shitcoin Day?   

Been out a week and what do I come back to? Oh...still talking about block size.

Here's something interesting for a Wall Observer thread.

What does even mean the size of the mempool?

The mempool is at 102MB and growing. What happens when it does overflow the servers memory?. Is there some flushing mecanism or the computer get the blue screen of the death?.

What happens with that txs?

Coin



Explanation

For the record: Fuck you, roach!

Longest wait was when I tried to buy my first Avalon, they wouldn't give me an order number until my transaction confirmed, I was watching people chime in with order numbers going up and up, felt horrible, I don't remember exactly how long it took, I waited a couple hours, then went to sleep, so sometime between 2 and 6 hours.

I did not try any 0 fee during the height of the stress testing, in hindsight I wish I had. I did send a couple with minimum fee that were confirmed in first or second block.

Even without a fee I suspect they would have been confirmed pretty quick just because of the age of the coins and because they are from mining so typically very close to their respective genesis blocks and they are typically from a single unspent output...

Doesn't say much for fungibility, but not all coins are considered equal unfortunately. Also not great for scalability as the more the coins become split up, the more they are exchanged back and forth,  the more difficult they become to move...

Edit: in fact, if this bitcoin thing continues to succeed for the next several years at some point I could envision that old coins in big chunks will sell for a premium to payment processors simply because using these less tarnished coins could bring considerable savings in transaction costs...