Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24077. (Read 26609692 times)

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
There is another way to evade this risk, and it's to spread your investment money over many different assets, but how many of you do that?

Hopefully most sensible adult posters do.

I recall a poll here in the Speculation sub-forum about what percentage of people's net worth was in Bitcoin. Only a few were all or mostly in Bitcoin, I seem to recall.

I've got more in antique musical instruments alone than in Bitcoin but I expect my bitcoins to be worth a lot more eventually. The one asset I'm thin in is fiat currency in the bank but most of my revenues are in fiat so that's not an issue.
legendary
Activity: 1652
Merit: 1029
Fuck you bitcoin price, why you gotta be so low bitcoin price.
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos

You got it wrong: IMF opened up Greece economy for the rape, as it usual for the Washington consensus guys. These guys have developed methodologies for doing this kind of thing, over the years. It is very sad, isn't it, when a superpower want to fuck with your people? Enter the EU: aka 'the resistance'. They aren't the bad guys, they are the good ones. Remember this when someone tell you to 'exit the euro' for some reasons.

Maybe I do get it wrong. But isn't a coalition's purpose to strengthen the participants by the collaboration of many? Look what France and Italy have to say right now. I hope I'm wrong; but take my word for it: This will end badly for everyone, unless all EU countries persuade their leaders to act for the people and not the Banks. Simple as that.

Sorry, i should have been clearer. When a country get 'the washington treatment' there are only two ways it can react:
  - borrow USD, entering a spiral of pain and death for an undefined time (supposedly: until the US can't enforce the treatment anymore)
  - structural reforms, constantly (this is what in these days we call 'the austerity package')

So, when you see the changes in Greece in the last years you see two things at the same time: the 'washington treatment' and the 'austerity package'.
People and politicians are attacking the latter, but they really should attack the former (albeit it will be pretty much useless, because the consensus has all scenarios covered up already). The worst thing they can do is exit the euro, because then they'll be completely defenseless and degenerate in a third world country. The best thing they can do is doing 'exactly' what the euro planners tell them to do (the structural reforms), while politically move against the 'foreign capital opening' and the other measures the consensus introduced. Not simple my friend.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
lost 3 btc trying to daytrade  Huh
Thanks!
You probably lost a few satoshis on me Wink but too bad no 3 BTC
N12
donator
Activity: 1610
Merit: 1010
It's not about money, it's about evading the risk of bear markets that can devastate you, and even have you selling near the bottom because maybe you need money or maybe you actually are disillusioned because of your previous unrealistic hopes.

There is another way to evade this risk, and it's to spread your investment money over many different assets, but how many of you do that?

That is the plan.  Personally, I have real estate, 401K, etc.  But as the saying goes, "It takes money to make money."  There is a greater ability to spread wealth around when there is wealth to spread.  Wink
Great. And no, you didn't lose money if you made money, btw. Losing unrealized gains isn't losing money same as winning unrealized losses isn't winning money. It's just winning less and losing less.
Maybe most people here are actually pretty sensible, or have been forced to become sensible by the bear market. Shocked
hero member
Activity: 722
Merit: 500
This will end badly for everyone, unless all EU countries persuade their leaders to act for the people and not the Banks. Simple as that.

When have "they" ever done that?
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.

You got it wrong: IMF opened up Greece economy for the rape, as it usual for the Washington consensus guys. These guys have developed methodologies for doing this kind of thing, over the years. It is very sad, isn't it, when a superpower want to fuck with your people? Enter the EU: aka 'the resistance'. They aren't the bad guys, they are the good ones. Remember this when someone tell you to 'exit the euro' for some reasons.

Maybe I do get it wrong. But isn't a coalition's purpose to strengthen the participants by the collaboration of many? Look what France and Italy have to say right now. I hope I'm wrong; but take my word for it: This will end badly for everyone, unless all EU countries persuade their leaders to act for the people and not the Banks. Simple as that.
sr. member
Activity: 476
Merit: 250

Speerging.  That's a funny word for a bumpkin to be using.    Yore a punk.  An uneducated punk who always got beat up a lot as a kid.  Mommy wont help any more, will she?  You probably have a net worth of about -30,000.   Because you live in mommy's basement and troll internets and never could hold a job.  Dion't kill yourself over this though.  Mommy will always love you.   Punk.

I'm short and happy, that's the only reason I'm talking to you.  You've never made any real money in your life.  Punk.

Could you drop the fucking internet tough guy act for 5 goddamn seconds and just ignore the troll? You're giving him exactly what he wants: a response (and bonus points for angry ones like yours).

Get a hold of yourself, man.
legendary
Activity: 1148
Merit: 1001
It's not about money, it's about evading the risk of bear markets that can devastate you, and even have you selling near the bottom because maybe you need money or maybe you actually are disillusioned because of your previous unrealistic hopes.

There is another way to evade this risk, and it's to spread your investment money over many different assets, but how many of you do that?

That is the plan.  Personally, I have real estate, 401K, etc.  But as the saying goes, "It takes money to make money."  There is a greater ability to spread wealth around when there is wealth to spread.  Wink
sr. member
Activity: 616
Merit: 250
lost 3 btc trying to daytrade  Huh
N12
donator
Activity: 1610
Merit: 1010
It's not about money, it's about evading the risk of bear markets that can devastate you, and even have you selling near the bottom because maybe you need money or maybe you actually are disillusioned because of your previous unrealistic hopes.

There is another way to evade this risk, and it's to spread your investment money over many different assets, but how many of you do that?
legendary
Activity: 1148
Merit: 1001
I know lots of people like her followed reptilia ardently, but look where he is now. Somewhere pumping some scamcoin and playing some forum-based medieval kingdom RPG to blend out the dire reality. It's sad.

What's important to understand is that it is way worse to make a bad move than to make no move. The easiest way to do this is realize that there are actually hundreds of opportunities you aren't taking every day, where you are missing out on so much money. It's only that you have a limited scope of attention so you will be only psychologically exposed to some.

"There is the plain fool, who does the wrong thing at all times everywhere, but there is also the Wall Street fool, who thinks he must trade all the time. No man can have adequate reasons for buying or selling stocks daily– or sufficient knowledge to make his play an intelligent play." - Reminiscences of a Stock Operater, a great book.

There are only two prices that matter in regards to Bitcoin:  The price you buy at and the price you sell at.  Sure, there can be more money made if trades are timed well (with a little luck and some skill) but even those of us that are less skilled at trading have done fine just buying, holding for good length of time (over a year) and then selling.  Could I have sold for more? Of course.  Did I lose money? No.  (Still holding plenty BTW so I consider myself a bull as always)

The biggest risk with BTC is the unanswered question of where it will be in a year or two or three.  It will either be wildly successful, or it will be worth very little.  These are the two most likely scenarios.
full member
Activity: 238
Merit: 100
I know lots of people like her followed reptilia ardently, but look where he is now. Somewhere pumping some scamcoin and playing some forum-based medieval kingdom RPG to blend out the dire reality. It's sad.
...

But he owns a derelict building in some backwater shithole castle...

I just fell down laughing!!! Bahahahahaha
sr. member
Activity: 378
Merit: 254
I know lots of people like her followed reptilia ardently, but look where he is now. Somewhere pumping some scamcoin and playing some forum-based medieval kingdom RPG to blend out the dire reality. It's sad.
...

But he owns a derelict building in some backwater shithole castle...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1778
Merit: 1043
#Free market
Ahhh.... the crazy $90000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000000000000000000000000000 Bitcoin folks are back. Must be time to short, again.

ftfy  Cool

Woooow adamstgBit post here in the thread , let me  take a screenshot, this is a miracle. Grin.
full member
Activity: 238
Merit: 100
Ahhh.... the crazy $90000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000000000000000000000000000 Bitcoin folks are back. Must be time to short, again.

ftfy  Cool

 Grin
N12
donator
Activity: 1610
Merit: 1010
I know lots of people like her followed reptilia ardently, but look where he is now. Somewhere pumping some scamcoin and playing some forum-based medieval kingdom RPG to blend out the dire reality. It's sad.

What's important to understand is that it is way worse to make a bad move than to make no move. The easiest way to do this is realize that there are actually hundreds of opportunities you aren't taking every day, where you are missing out on so much money. It's only that you have a limited scope of attention so you will be only psychologically exposed to some.

"There is the plain fool, who does the wrong thing at all times everywhere, but there is also the Wall Street fool, who thinks he must trade all the time. No man can have adequate reasons for buying or selling stocks daily– or sufficient knowledge to make his play an intelligent play." - Reminiscences of a Stock Operater, a great book.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Ahhh.... the crazy $90000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000000000000000000000000000 Bitcoin folks are back. Must be time to short, again.

ftfy  Cool
full member
Activity: 238
Merit: 100
Ahhh.... the crazy $1000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 Bitcoin folks are back. Must be time to short, again.
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