Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 223. (Read 26498665 times)
September 17, 2024, 03:01:14 AM
September 17, 2024, 02:01:14 AM
September 17, 2024, 01:01:16 AM
September 17, 2024, 12:01:14 AM
September 16, 2024, 11:33:49 PM
September 16, 2024, 11:05:47 PM
P Diddy has been arrested and taken into custody by the FBI! The world is healing. Bitcoin is getting ready to rip. Have no fear. Lots of good on the horizon.
September 16, 2024, 11:01:14 PM
September 16, 2024, 10:01:16 PM
September 16, 2024, 09:18:31 PM
big fucking snip
Yeah, but how does any of that relate to bitcoin? have you heard of the topic of this thread, aka bitcoin?
He forgot silver is up March 24 is was 24 dollarsGold (up 25% since March) is telling the true Fedflation story that is coming, but no one is paying attention...
Gold is regarded by the markets as an inflation and economic change barometer, hence the price increases are a harbinger of shift in the monetary policy. A price increase of gold by a quarter since march could be an indication of the signals of price inflation or other issues affecting the general market. While many people may not pay attention to these movements, it is also important to ponder how shifts in the gold market can be beneficial or detrimental or can mirror general economic trends like the Federal Reserve policy.Sept 16 it is 30.69
that is =25%
Now if you look some more platinum is up 876 march to 1002 that is 15%
pladillium 953 march to 1081 sept that is 13%
dow jones
jan 37,905
march 38,700
sept 41,393
and btc
Jan 39,000
March 72,000
Sept 58,200
Which means btc appears to not be tethered to metals or the dow.
and from jan 2024 to now sept 2024 has done the best of those 5 things.
beating
Silver
Gold
Platinum
Pallidum
Dow Jones
Jan to sept = BTC
but not
March to sept = gold+ Silver
There surely can be some variance in regards to various asset classes being compared with bitcoin on randomly picked timelines, if you pick the calendar year or or if you pick the last year, and then maybe even to better understand the comparisons, we might need to see various similar previous timelines, to the extent it is even relevant to our thread's topic, and surely I am not totally opposed to making references to various other things that we might own and how the other things might compare to bitcoin in a variety of timelines.
Surely brand new investors to bitcoin might come in with other assets/currencies in his investment portfolio including potentialy owning (or having a mortgage) related to a personal residence and the other common one would be holding some stocks that might be offered through some kind of a 401k plan or something similar to that and some of those self-directed plans will have various options in regards to the kinds of shares to assets that can be purchased within them.
Other folks might not have material holdings in any other investments at all besides perhaps just cash, and there would surely be nothing wrong with starting out investing into bitcoin with ONLY having an investment portfolio of bitcoin and cash and building up the investment portfolio from there by ONLY building up the bitcoin portion and attempting to balance the cash portion, and such a thing could even work for a considerable amount of time that it might take to build the BTC holdings to such a state that it might be worth up to a year's expenses or more.
Edit: After posting, I saw that you (philipma1957) had gotten too excited in your post, and thus you had overly snipped parts of parts, and then screwed up your quotenings
To clarify who said what.. I had to fix such errors in your ways.. You can thank me, later. hahahaha.. once bitcoin reaches supra $70k since you seem to love that number.. and maybe your new number might be $75k, since $70k is so old hat and seeming to be sticking points of the olden days?.. .
September 16, 2024, 09:01:14 PM
September 16, 2024, 08:01:14 PM
September 16, 2024, 07:45:55 PM
big fucking snip
Gold (up 25% since March) is telling the true Fedflation story that is coming, but no one is paying attention...
Gold is regarded by the markets as an inflation and economic change barometer, hence the price increases are a harbinger of shift in the monetary policy. A price increase of gold by a quarter since march could be an indication of the signals of price inflation or other issues affecting the general market. While many people may not pay attention to these movements, it is also important to ponder how shifts in the gold market can be beneficial or detrimental or can mirror general economic trends like the Federal Reserve policy.Yeah, but how does any of that relate to bitcoin? have you heard of the topic of this thread, aka bitcoin?
[/quote]
He forgot silver is up March 24 is was 24 dollars
Sept 16 it is 30.69
that is =25%
Now if you look some more platinum is up 876 march to 1002 that is 15%
pladillium 953 march to 1081 sept that is 13%
dow jones
jan 37,905
march 38,700
sept 41,393
and btc
Jan 39,000
March 72,000
Sept 58,200
Which means btc appears to not be tethered to metals or the dow.
and from jan 2024 to now sept 2024 has done the best of those 5 things.
beating
Silver
Gold
Platinum
Pallidum
Dow Jones
Jan to sept = BTC
but not
March to sept = gold+ Silver
September 16, 2024, 07:30:56 PM
^ I bought Bitcoin because i believed in it.
Now, guess why i'm still buying...
Now, guess why i'm still buying...
I guess that you are still buying because 1) your investment thesis has not fundamentally changed and/or 2) you have not yet reached a point of having enough (or having more than enough), which truly is not an easy place to objectively assess regarding how much is enough (or more than enough).
JayJuanGee, you are free to extend you existing spreadsheet with more useless numbers that Paashaas sold at $50k and $60k hoping to buy back significantly lower, using those free money to spend it all impeccably on cocaine, booz and hockers.
Get a life!
Get a life!
Thanks for the interaction, and I am glad that you were able to engage with the contents of my previous posts. Since you did not provide the exact reference, I am thinking that you might have had been referring to my referred-to below hypothesizing about Krubster's 2% sale and other background facts that he had mentioned.
I tried to project out some kind of a potentially reasonable cashing out scenario on paper that might regard any BTC HODLer guy who might have had largely got into BTC with most of his stash around $10 in 2012, and then suggesting living off of his stash since 2017.. so yeah, I know that I am going to be quite a bit off with the specifics of Krubster's exact scenario, yet some similarly situated HODLer/Accumulator's scenario might go something like this with a starting out stash of around 320 BTC (which leaves around 246 BTC after this month's cashing out).
Something like this:
Date BTC Price Buy Amount BTCbuyAmt BTC balance $ValueHoldings %BTCSellamt BTCSellamt soldValue soldTotal
10/15/12 $10.00 $3,200.00 320.00000000 320.00000000 $3,200.00
11/2/17 $7,000.00 297.60000000 $2,083,200.00 7.00% 22.40000000 $156,800.00 $156,800.00
6/20/19 $9,500.00 275.20000000 $2,614,400.00 6.00% 17.85600000 $169,632.00 $326,432.00
2/20/21 $56,000.00 257.34400000 $14,411,264.00 2.00% 5.50400000 $308,224.00 $634,656.00
3/20/22 $42,000.00 251.84000000 $10,577,280.00 2.00% 5.14688000 $216,168.96 $850,824.96
9/12/24 $56,000.00 246.69312000 $13,814,814.72 2.00% 5.03680000 $282,060.80 $1,132,885.76
9/12/26 $80,000.00 241.65632000 $19,332,505.60 2.00% 4.93386240 $394,708.99 $1,527,594.75
Yeah.. the format of the table does not look the greatest, but still, you get the idea that it seems that less and less BTC would be generating more and more dollar value, and surely the last row is a bit of a projection for 2 years down the road, yet there would be no reason to stick with a strict timeline but instead a bit of a ballpark idea. Even from this projection there might have ended up being some anticipation with the March 2022 withdrawal.. and surely guys who are still selling and living off of their BTC stash may well end up making BIG mistakes and still be able to do o.k. with bitcoin value continuing to grow throughout a mostly holding period that results in various sustainable withdrawals along the way.. even though I still proclaim that 2% over 2 years is way too conservative, yet I am also guilty of similar levels of failure/refusal to cash out enough BTC, and largely living off of my other income, even though Krubster seems to be implying that BTC is most of his income...so yeah, maybe I ended up fucking up my description of how something like a 2% withdrawal rate for 2 years income might play out.
Something like this:
Date BTC Price Buy Amount BTCbuyAmt BTC balance $ValueHoldings %BTCSellamt BTCSellamt soldValue soldTotal
10/15/12 $10.00 $3,200.00 320.00000000 320.00000000 $3,200.00
11/2/17 $7,000.00 297.60000000 $2,083,200.00 7.00% 22.40000000 $156,800.00 $156,800.00
6/20/19 $9,500.00 275.20000000 $2,614,400.00 6.00% 17.85600000 $169,632.00 $326,432.00
2/20/21 $56,000.00 257.34400000 $14,411,264.00 2.00% 5.50400000 $308,224.00 $634,656.00
3/20/22 $42,000.00 251.84000000 $10,577,280.00 2.00% 5.14688000 $216,168.96 $850,824.96
9/12/24 $56,000.00 246.69312000 $13,814,814.72 2.00% 5.03680000 $282,060.80 $1,132,885.76
9/12/26 $80,000.00 241.65632000 $19,332,505.60 2.00% 4.93386240 $394,708.99 $1,527,594.75
Yeah.. the format of the table does not look the greatest, but still, you get the idea that it seems that less and less BTC would be generating more and more dollar value, and surely the last row is a bit of a projection for 2 years down the road, yet there would be no reason to stick with a strict timeline but instead a bit of a ballpark idea. Even from this projection there might have ended up being some anticipation with the March 2022 withdrawal.. and surely guys who are still selling and living off of their BTC stash may well end up making BIG mistakes and still be able to do o.k. with bitcoin value continuing to grow throughout a mostly holding period that results in various sustainable withdrawals along the way.. even though I still proclaim that 2% over 2 years is way too conservative, yet I am also guilty of similar levels of failure/refusal to cash out enough BTC, and largely living off of my other income, even though Krubster seems to be implying that BTC is most of his income...so yeah, maybe I ended up fucking up my description of how something like a 2% withdrawal rate for 2 years income might play out.
Of course, it takes a bit of work to put such charts together, and historically I have done charts that include both selling and buying back, so if the buy backs are not complete or the buy backs are assumed to be zero, then whatever remains could be presumed to be for either consumption or investing into other assets/currencies.
Surely there could be some scenarios in which guys might attempt to allocate a higher percentage of their sales proceeds for buying back BTC rather than consumption and/or investing into other assets/currencies. You had not really given your various selling points, so I was presuming that you had sold too much too soon starting around the mid to lower $30ks in about October/November 2023 since that is about when you started cock-suredly proclaiming on a fairly regular basis that what goes up has to inevitably come back down, which surely would have had been a problematic position to be in, since we did not really experience any meaningful BTC price corrections until after March 2024..and even those have not yet been substantial since largely we have been mostly staying in noman's land between $55k-ish to $73k-ish, with only a couple times breaking below such range to $49.6k and to $52.5k.. and sure the BTC price could end up breaking below no man's land and staying there, but golly-gee-whiz-wally, I am not even sure if the odds would be greater than 50/50 for such a supposed break.
Your new set of claims of supposedly selling at $50k and $60k seem to be new and additional facts - that are not necessarily inconsistent with other fair inferences of your posts, yet there seems to be some selectivity in such factual representations that are difficult to believe - like a gambler who ONLY talks about his winners.. hahahahaha.. or tries to spin his losers in such a way that they don't really seem to be as bad as they actually were.
In regards to my getting a life, I thought that we were participating in a forum thread about bitcoin, so isn't participation in this thread about already having "a life"?
Your failure to include lambos in your list of consumption items shows that you seem to be a wee bit out of touch with known desirable things for any "real bitcoiner" should be stating that he wants to consume.
According to your forum registration date in late November 2013, you may have had been in bitcoin close to as long as me, and there could well be all kinds of ways that I could extend out spreadsheets involving variations of your factual circumstances to even show that you are still quite profitable in your bitcoin holdings, even if you might have fucked up a few times along the way by selling too much too soon.... some guys will learn their lessons about some of that, yet I doubt that even any of us longer term bitcoiners are free from making various mistakes along the way. You might need to give me a few more facts (or factual representations) if you want me to extend out a spreadsheet involving involving potentially reasonable inferences about your facts in regards to where you are as compared to where you should be or any of those kinds of matters.
Surely, frequently I don't have too many facts about any member that goes beyond his forum registration date, then usually I just go with a creation of a DCA projection as a kind of comparison point, so in your case, even if we were to go with a fairly modestly aggressive investment plan of $100 per week from the date of your forum registration until present, we would have you investing around $56.4k and ending up with right around 46.23 BTC (which would currently be a $2.7 million spot price value and a $1.8 million 200-0WMA valuation -really not a bad place to be with 47.9x profits and 32x profits respectively).
So if whatever you re doing is in the ballpark of those levels of profits, then at least you are not underperforming a DCA approach to your BTC... I actually proclaim to be outperforming a DCA approach a bit since I am proclaiming to have around $1k average BTC prices, so that would makd me in the ballpark of 39x to 58x in profits if we are using the 200-WMA and spot price as our current measures... and I would not even be that judgmental of guys who might have half those levels of profits or even double that area of profits.. it is kind of in a zone of reasonable variation.
Gold (up 25% since March) is telling the true Fedflation story that is coming, but no one is paying attention...
Gold is regarded by the markets as an inflation and economic change barometer, hence the price increases are a harbinger of shift in the monetary policy. A price increase of gold by a quarter since march could be an indication of the signals of price inflation or other issues affecting the general market. While many people may not pay attention to these movements, it is also important to ponder how shifts in the gold market can be beneficial or detrimental or can mirror general economic trends like the Federal Reserve policy.Yeah, but how does any of that relate to bitcoin? have you heard of the topic of this thread, aka bitcoin?
September 16, 2024, 07:10:41 PM
JayJuanGee, you are free to extend you existing spreadsheet with more useless numbers that Paashaas sold at $50k and $60k hoping to buy back significantly lower, using those free money to spend it all impeccably on cocaine, booz and hockers.
Get a life!
Get a life!
what are hockers?
https://www.youtube.com/watch?v=C7tydu_erZo
this video comes to mind.
September 16, 2024, 07:01:16 PM
September 16, 2024, 06:59:44 PM
^
I bought Bitcoin because i believed in it.
Now, guess why i'm still buying...
I bought Bitcoin because i believed in it.
Now, guess why i'm still buying...
Same reason you bought it in first place.
The old hag never dies.. long live BitcoinChartbuddy thanks talkimg.com
Buddy, you've got to be fast with the job..
September 16, 2024, 06:01:15 PM
September 16, 2024, 06:00:46 PM
?
September 16, 2024, 05:01:15 PM
September 16, 2024, 04:01:17 PM
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