Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2519. (Read 26711230 times)

so IIRC 8 billion is missing.

He gives back 5 billion
He gambled away 2 billion
Has a billion stashed

Get 3-5 years.

Or 200 million a year to say in a "nice" prison.

I know his parents put up a 2 million house for part of the bail.

I did see a quick note online that 2 others put up bail money and their names are hidden to "protect" them from harassment.

I would love to know who they are.

Explanation

fair enough, I'm think more along the lines of Philip has X amount (cash in hand) he's comfortable putting into bitcoin and how best to go about that. to which i say put in half Now and hope that it dips below where you bought so he can put in the rest.

Explanation

Translation: hidden/stolen assets being bartered for leniency.

DCA does mitigate the risk, you dumb twat.

Furthermore, each person has the ability to apportion DCA, buying on dip, lump sum and HODL... some of that is likely to change with the passage of time, so if you are in a position that Philip had been seeming to suggest to invest, which is $100k over 4 years, you may well not even have half of that at the moment that you start it.

But even a normie might only have something that is closer to $40k for the whole budget, but they also do not have $20k that they can apportion right away, an they might be lucky if they have $4k or $5k that they could apportion right away, but no one is saying that they necessarily need to make radical changes to their investment portfolio, so it may well be the case that DCA is the only real practical way to get in without causing too many psychological and/or financial difficulties.

Maybe we are back to describing the hypothetical, TrustedBitcoiner.  What are the circumstances of the hypothetical person that you are wanting to describe TrustedBitcoiner?  You are talking about a person who already has half of the amount that they are planning to invest over 4 years, or you want them to take out a loan or what?  What does the rest of the investment portfolio look like this supposed hypothetical person that you are wanting to describe?

Are you talking about someone who already has an investment portfolio of $100k and they are trying to get to a 10% bitcoin allocation?  Or what?  Maybe we need some particulars instead of your spouting out nonsense about putting up 50% in advance as if you were at some kind of a roulette table.  hahahaha.. you unrealistic pie in the sky gambling nincumpoop.

I remember back in the late 90's finding out they were still using windows 3.11 and being shocked that not only they were using such an old Os but that they relied on Microcrap to begin with so I have just been waiting for this day.

*I think it was while we were doing the Y2K rollout.

Imagine bitcoin will be worth $0 10 years from now, weather you dca'ed in or not, you lose 40K period the end. DCA does NOTHING to mitigate the risks

it does however mitigate your ability to "get in early"... which I heard is kind of a big deal when it comes to investing  

hit the allin button people, its not safe, but it's your only hope!

Let’s grind up brothers

Explanation

More weapons to the black hole called Ukraine.

Britain discusses how to send ‘game-changing’ tanks to Ukraine
https://www.politico.eu/article/british-tanks-game-changing-ukraine-uk-no-10-says/

 

Everything is "game changing".

They just need that next thing and after that the next game changing thing until we accept western boots on the ground.

Mark my words.

I type my posts.  I do not use speech to text.

I type around 40 to 50 words per minute.. and also depending on if I am better rested or if I might be a bit slower on some days, too.

I do feel that I ramble some times, and surely I have been criticized for being repetitive.. which I cannot really deny the factual truth of that accusation.. not that I am going to agree to change what I had already decided to do in terms of what I chose to post or how much I choose to read back over my posts before I submit them..

Regarding post quality.. each of us will have a differing view in regards to what we might consider to be better or worse post quality, so I personally consider posting from personal experiences to be good and then trying to back up what you say is also a good thing.

Also, generally speaking, I do consider it to be better to say why you are posting a link or to explain if you support it or if you are against it... but I will still send merits to low quality posts that are posting links to decently good linked information that might NOT have been previously posted.. which is not always so much of a great idea to encourage those kinds of not so great posts.. but still, I appreciate when there is quality contents that seem to be on-topic or otherwise good information that somehow resonates with me or even with my then current mood, even if the substance is coming from the information contained in an outside link...


Yes.. that 8 per day is about right.. and it is not even close to the quantity that Philipma posts.. not that I am trying to catch up to either him or to chartbuddy.  When I first got on the forum.. I purposefully tried to limit the quantity of my posts to just a couple per day.. but I stopped limiting myself in more recent years... even though just like a lot of other peeps (or wannabe peeps) sometimes I do have to carry out some other real world activities, too.


Of course, if we are somewhat interactive, through the years, we do end up exchanging communications with several of the main forum members.. but at the same time, I try (or prefer) to do most of my communications with other forum member publicly rather than  through PMs... even though every once in a while there does seem to be a need or a preference to take things to PM... I also prefer to try to talk more about substance.. such as bitcoin rather than getting into squabbles, but sometimes the squabbles are difficult to avoid.. each of us have egos.. and sometimes my own ego becomes a problem, too.. not that I would admit that publicly in terms of any specific incident... hahahaha I remember recently agreeing that I was wrong about something with Franky1.,. .. hahahahaha.. Can you imagine that?  Actually, I did not exactly admit that I was wrong, even though.. I mostly did.


That's a kind of retarded suggestion that you have in terms of general applicability.

In udder words, generally speaking, the financial and psychological practicalities of normies no doesn't work like the way that you are wanting them to work.

In udder words, you seem to be wanting to push normies more into gambling than they already tend to want to do.. which is emphasizing the wrong kinds of tendencies that no does not work out too good for actual long term investing...


Yeah.. I posted a general response about that recent revelation, here.

FTX have found some "change" in the couch:

https://www.wsj.com/articles/ftx-says-it-has-located-more-than-5-billion-in-cash-liquid-assets-11673452986

facepalm

Explanation

haha...I guess Saudis figured that oil is not enough for them to afford Ronaldo's wages.
Dubai is not SA, though

hahahahaha

I was not sure if anyone was going to actually catch that one.

Good eye.


I like your idea.. but there still is something wrong with your numbers not adding up.

$40k plus $15k = $55k, not $45k... unless you are suggesting to invest $100k total in 4 years ($40k + $15k + $45k).. .. which is not totally unreasonable.. but it is a pretty BIG budget for most normies.. even some richie from Dubai.

There is also the concept of a newbie frontloading and buying a bit right away... but yeah all of that $15k might not be available right away, even though there could be a cashflow that could end up providing $40k over 4 years.. perhaps?

If someone is surely in a position to have $15k right away, then I would likely buy somewhere between $5k and $7.5k right away.. and then spread out the remainder on buying on dips and DCA... There might be some issues if the buying on dips is diluted a bit so it could be supplemented by incoming cashflows.. and there could be a bit of dividing up of new money that comes in for both DCA and buying on dips... and usually we should be able to project that our income should be able to go up each year, so if you are trajectoring out $200 per week for four years, then you are actually tapering off the amount of free cashflow that is going into BTC, which is not necessarily wrong, but it should be a conscious choice if that is what you are actually wanting to do or if that is how you are actually wanting to structure your (not you specifically, but you know you generally?) future BTC purchases.  

I don't really have any problems with tapering off DCA amount through the years.. whether it is nominal amounts or just in terms of percentage of your free cashflow because there should be some comfort in terms of having had front-loaded a wee bit in the earlier years.. however at the same time, if someone (a bitcoin newbie normie) has a possible retirement trajectory (or fuck you status timeline) that they anticipate to spread out over 30 to 40 years, but they are hoping that they might be able to cut in half through possible persistency and luck, then they should anticipate some level of increase in their investment level with the passage of time with an expectation that their cashflows should go up.. as long as they are not getting too compelled towards ostentatious consumption.

That's because there was no blow off peak this time. No clear overvaluation means no reason to sell for accumulators.

Explanation

Hi, is it doing well