Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2565. (Read 26712988 times)

https://twitter.com/LukeDashjr/status/1609613748364509184

Interesting turn of events if true, can't believe an OG would store his BTC in such a way that it's accessible to others. Surely it's some sort of a troll?

Damn....  it was a sweat event....

Usual game for the first day of the year.
Pretty easy if you are a member of this thread and you remember my past posts.

What I am looking at?
Where am I?

To be young again.

Had sex on un regular basis last night....  had a finish shot at 17h ish.... then eat - party went at her place and did a 2 shot followed by a 3th wich one failed, little drunk, so I already impressed her with the 2 shotter....  @early 10.30 morning a 4th shot was released by the kraken...

EOY ans SOY where good...

Thinking I am late
A wizard is never late
Happy Newyear Bro's




First 2023 Haiku attempt is a fact.

Having s*x on a regular basis helps keep your memory alive.

Enjoy the BTC @ $69,045.

Stolen

Eventually, everyone gets it. #Bitcoin BTC


TWITTER

Explanation

For space buffs:

https://scitechdaily.com/10-times-this-year-the-webb-telescope-blew-astronomers-away-with-stunning-new-images-of-our-universe/

It's amazing to see the birth of a star...maybe there will be an earth like planet around it and in, say, 4-5 bil years someone would contemplate something similar to bitcoin.
To them, we would be the "ancient" ones, probably long gone by then, just like we have no idea about probable civilizations that didn't make it billions of years earlier in our galaxy.

Why would fear be getting any worse.?  even though ONLY by slightly in terms of the shown numbers.


I am not sure whether "moar fear" is necessary in order to get back onto the UPpity trajectory.


Oh my.

That's not very nice.

Why so hatefully directed at one peep?  namely yours truly?


You are a "we?"


Your points are a wee bit confusing.

1st.. you seem to be suggesting that no selling of BTC is practical or should take place unless there is an ATH, and then if there is an ATH, then it might be practical to sell.

Another point is that you are suggesting that three years could pass between ATHs, and for some reason, we would consider bitcoin to be in a bear market until another ATH happens....   And yeah, maybe that's not exactly what you mean.. but still, kind of confusing the way you phrase these matters.. including a kind of suggestion that the ONLY thing that matters is getting another ATH.. which just seems like shitcoiner ways of thinking/framing matters.. even though I am not wanting to deny the importance of ATHs, but I doubt that any kind of new ATH has to be imminent or even close in order for bitcoin to be in a good state and even people can profit stupendously from bitcoin, whether a new ATH comes soon, or even within the next couple of years or not.

We could even trajectory out BTC's price, and maybe we get 10% price appreciation per year for several years in the future... and yeah, that would not be great, but it still may be possible that bitcoin is a good investment.. even with relatively mediocre performance in the coming years.. which I am not even suggesting that it is highly likely to happen, but I am suggesting that it would be a good thing for any of us to be prepared ourselves financially and psychologically for a wide variety of scenarios to happen, even various less likely scenarios.


I will repeat my denial that you are "being like me" in part because of the way that you had likely generated some or part of your buy funds from sales on the way down rather than from sales on the way up.. and your sales amounts were likely way too much or way out of any kind of reasonable price arena that I would consider to be prudent and/or practical (absent making up for some kind of previous mistake or some previous miscalculations (that have not really bee well explained our even outlined.. not that you have to give away very many specifics in terms of privacy/Opsec considerations).. so in that regard, there is something "off" in terms of suggesting that there is a "being like JJG" but whatevers..

My question relates to your "buy representations," because it seems to me that you had stated that you have been buying on dips too. ... so from what I recall you should have both DCA and buying on dips.... so it does not make a whole hell of a lot of sense to just refer to buying on dips without also referring to other ways that you may have been buying, which might include buying on dips and also possible lump sum investing....

Unless you have some reason why you would just consider DCA buys to be relevant on their own.. also it's almost like we have to plug in the price for each day too.. .. there can be quite a bit of intraday variability.. and surely, you may have recalled that I am not much of a fan of automatic buys, even if I might not be opposed so much towards attempting to employ them on the same day each week or within a certain range of days each week... if that's how some folks might want to carry out some variation of BTC buys that are more or less "weekly" in nature.

End of the day shared somethink with emotion.

Explanation

That figure does NOT support the underlying thesis as both ARK and Buffett claim to invest long term, he is just better at it (so far), that's all.

Hopefully, for your own good, you are not just preparing for ONLY one price direction, and you have a sufficient and adequate preparation for UP in the event that your wish for down does not come true.

Through the years, we have seen a whole hell of a lot of peeps who had been overly prepared for down, and inadequately prepared for up, and then they end up psyching themselves into a place of bitter and perhaps even ever-existing no coiner.. .. and who would want that?  especially if you already know about bitcoin, you should realize that you don't want to be a no coiner or a low coiner, even though we have a lot of those folks in the world, and if we are optimistic, we can just label most of them as precoiners, even if they might not even realize their own status.

Unless you have some kind of an ability to straightly reallocate an existing investment portfolio into bitcoin on a whim, it can take a long time to establish your investment allocation into bitcoin, whether that is 1% or 25% or some other number that you deem to be suitable.. and if you are fucking around with being greedy to buy BTC at a few percentage points lower than already existing decently good prices, you may well either end up missing out or contributing towards increasing your chances of being more bitter and/or worse yet a bitter no coiner/low coiner.


You seem a bit confused.. at least in how you are presenting your ideas, if you have any.

One thing that tends to be good is to be buying bitcoin directly rather than going through intermediaries, unless you have to for some reason related to your kinds of funds.. such as a 401k might have restrictions.. but individuals have a decent amount of flexibility.. or least can have flexibility.

In other words, there tends to be no need to fuck around with having third parties hold your coins or your investment - absent some restrictions that you might have on your funds... I know that in the real world some restrictions can exists, so when I used to have an actively contributing 401k with employer matching contributions, then I frequently wanted to at least invest into that fund up to the amount of the match.. and I still have those funds, but I am not actively contributing to the funds because I am no longer earning employment income related to those funds so they can just be there as an option and the options in how they can be invested might vary depending on how they are being held or if they might be rolled over into some other kind of fund or into a self-directed fund.  

On a personal level, i don't feel any need to either use my 401k funds for bitcoins or to roll those funds into some other funds options in which I would be able to get bitcoin exposure, because I have direct exposure to bitcoin in a way that I can  manage on my own.  Other people may well make other choices, including where they might be in their investing journey or in their figuring out of their bitcoin allocation journey.  Sometimes folks might also want to buy the house in which they live or other real estate, so then the question might be whether any income (or cashflow) might be left in order to buy bitcoin directly, which is a preferred way of holding my lil precious.

When you first start investing into bitcoin, it may well be the case that you are already established with an investment portfolio, and therefore, you have a variety of investments into various traditional assets, and perhaps even if you establish a fairly aggressive bitcoin allocation of 10% to 25%, it still could take several years before your bitcoin allocation either starts to become the majority of your investment portfolio allocation.. or even overwhelming majority of your investment portfolio allocation (due to its potential disproportionate appreciation relative to the appreciation of the traditional assets in your portfolio).  

I know some people (bitcoiners) who have experienced such disproportionate bitcoin allocation appreciations that largely had come from bitcoin's disproportionate appreciation relatively greater than the appreciation of traditional assets in the investment portfolio... so for example over 8-9 years, bitcoin prices have gone up 5x to 20x (depending on the person an how they had bought into bitcoin); however, a large number of traditional assets, such as index funds, did not even accomplish a 2x in that same period of time.  

Surely, historical price performance does not guarantee future results, even though the investment case for bitcoin does not seem to be getting any weaker with the passage of years, even though the upside potential does not seem to be as great as it had been 8-9 years ago.. even though there does still seem to be a decent amount of upside price potential in bitcoin, there does not seem to be as much of a downside potential as there was 8-9 years ago either, so I would speculate that there should be some incentives for normies (and not normies) to get in earlier rather than later.. especially if you might have a 4-10 year investment timeline or longer... and it seems pretty likely with so much negative sentiments, and even the burning of a decent amount of the BIGGER players in some of the shenanigans of the last year or so, it seems that retail and normies still have a lot of abilities to front run the financial institutions, governments, rich folks and others who traditional are able to front run the normies.  

What you gonna do?  Buy some or fuck around speculating on a down that may or may not come and/or making crappy and seemingly inapplicable comparisons?

Explanation

I agree.. with just one suggestion...DO NOT watch it in 3D...looks a bit cartoonish a first few minutes before you get used to it, but then everything is smooth.
Looking forward to A3...was reading some rumors about the plot...in short, it might go beyond Pandora. How? It remains to be seen.

Happy new years, guys! I hope everyone stays healthy, happy and keeps hodling throughout this year!

 The bottom is in!

Explanation