Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 417. (Read 26465721 times)
May 17, 2024, 02:01:16 PM
May 17, 2024, 01:53:40 PM
weekend coming... and 69 is right there.
Is that me and Sydney Sweenie when Bitcoin hits 100k?
Be careful what you wish for. That could turn into you and Dylan Mulvaney if proudhon turns out to be right! Sorry, I couldn't resist.
I'm still amazed at the perception of Bitcoin amongst the normies. They're still calling it a scam and saying it's worthless. I don't think any of them even know the current price or what's happening in the markets. Usually I would consider this extremely bullish, but what is it going to take to get them off the sidelines? Are they really going to wait until Bitcoin breaks $100K before jumping in and shilling it to their friends on social media?
May 17, 2024, 01:53:02 PM
Interesting: money you need to make as a household (or withdraw or have the cash flow) in various US states to be middle class:
https://www.cnbc.com/2024/05/16/salary-needed-to-be-middle-class-in-every-us-state.html
It's more reasonable in TX than in NJ and MD (DC area, I assume).
https://www.cnbc.com/2024/05/16/salary-needed-to-be-middle-class-in-every-us-state.html
It's more reasonable in TX than in NJ and MD (DC area, I assume).
Does that take into effect being under water or without utilities in life threatening situations?
May 17, 2024, 01:49:15 PM
Interesting: money you need to make as a household (or withdraw or have the cash flow) in various US states to be middle class:
https://www.cnbc.com/2024/05/16/salary-needed-to-be-middle-class-in-every-us-state.html
It's more reasonable in TX than in NJ and MD (DC area, I assume).
https://www.cnbc.com/2024/05/16/salary-needed-to-be-middle-class-in-every-us-state.html
It's more reasonable in TX than in NJ and MD (DC area, I assume).
May 17, 2024, 01:33:21 PM
weekend coming... and 69 is right there.
Is that me and Sydney Sweenie when Bitcoin hits 100k?
May 17, 2024, 01:27:55 PM
weekend coming... and 69 is right there.
you need baseball caps to 69?
...interesting
It seems to be addicted to savory water
May 17, 2024, 01:22:40 PM
So I let Alcohodl and xhomerx10 talk me down from selling all.
I sold 0.01 at 67280
hodl the rest.
I put in a buy at 55566 for 0.01 btc
Still selling off the mine piece by piece on ebay.
https://www.ebay.com/str/philipma1957computergearandmore
tons more than that to sell.
I sold 0.01 at 67280
hodl the rest.
I put in a buy at 55566 for 0.01 btc
Still selling off the mine piece by piece on ebay.
https://www.ebay.com/str/philipma1957computergearandmore
tons more than that to sell.
Why do you want to sell corn anyway?
I get the miner selling, of course.
In principle, you BUY when it is going up and you SELL when it is going down (like you buy in the bull market and sell in the bear market), but you are doing the opposite.
Why it is erroneous in general: because in a bull market you never know how high it would go, so as long as it rises, you buy and "pyramid" and in the bear market you never know how low it would go, so you "distribute".
May 17, 2024, 01:17:10 PM
weekend coming... and 69 is right there.
you need baseball caps to 69?
...interesting
May 17, 2024, 01:01:14 PM
May 17, 2024, 12:58:40 PM
Hey buddy do you think I should cash out today and just walk away from this all?
Some days I just feel like cashing out and walking away from all this.
For some reason I feel this way today.
Some days I just feel like cashing out and walking away from all this.
For some reason I feel this way today.
I guess the question you have to ask yourself is why you are doing this in the first place. Did you get involved to have some temporary fun, to change the world, to get rich, to be a part of something? Did you get everything out of it that you wanted to? Do you still see a path to achieving your goals? Or is this just something you do for money because you’ve been doing it so long?
I do ask these questions quite often. With involvement of multiple partners/investors the mine got bigger than I wanted. It was hard to run and the four of us had a lot of disagreements on the direction to head the business. So the Father and son half broke off the deal with myself and my partner. Leaving me and my partner with a lot of paid off gear and not any power to run it.
I have been selling it off piece by piece on ebay and other spots. I am 67 the amount of work I did from dec 2018 to may 2024 was a lot. Basically almost a full time job. I did make money coin gear etc.
I have zero debt
I have coins
I own a home
Wife and I have pensions
I post on bitcointalk and altcoinstalks earning side coins
I am more interested it liquidating the gear and reducing it way way way way lower. Maybe 20kwatts vs 210/220kwatts.
Some days I just feel worn down from the mining experience.
As for posting and shooting the shit that will not wear down I still post copiously on multiple forums and will likely do that as long as life lets me do so.
Sounds to me like you don’t need a break from Bitcoin, but a break from mining. Now probably isn’t a bad time either. I feel like you should keep selling your gear and posting to earn sats, then in a year or 16 months, spend some coin at the peak to get a little gear and get back at it to enjoy the ride downward as you build up a manageable mining operation again (if you miss it). I’ve also found that mining with GPUs as opposed to ASICs is much less stressful.
May 17, 2024, 12:55:43 PM
May 17, 2024, 12:50:06 PM
Hey buddy do you think I should cash out today and just walk away from this all?
Some days I just feel like cashing out and walking away from all this.
For some reason I feel this way today.
Some days I just feel like cashing out and walking away from all this.
For some reason I feel this way today.
I guess the question you have to ask yourself is why you are doing this in the first place. Did you get involved to have some temporary fun, to change the world, to get rich, to be a part of something? Did you get everything out of it that you wanted to? Do you still see a path to achieving your goals? Or is this just something you do for money because you’ve been doing it so long?
I do ask these questions quite often. With involvement of multiple partners/investors the mine got bigger than I wanted. It was hard to run and the four of us had a lot of disagreements on the direction to head the business. So the Father and son half broke off the deal with myself and my partner. Leaving me and my partner with a lot of paid off gear and not any power to run it.
I have been selling it off piece by piece on ebay and other spots. I am 67 the amount of work I did from dec 2018 to may 2024 was a lot. Basically almost a full time job. I did make money coin gear etc.
I have zero debt
I have coins
I own a home
Wife and I have pensions
I post on bitcointalk and altcoinstalks earning side coins
I am more interested it liquidating the gear and reducing it way way way way lower. Maybe 20kwatts vs 210/220kwatts.
Some days I just feel worn down from the mining experience.
As for posting and shooting the shit that will not wear down I still post copiously on multiple forums and will likely do that as long as life lets me do so.
May 17, 2024, 12:34:07 PM
https://bitcoinmagazine.com/business/1-5t-morgan-stanley-is-buying-us-spot-bitcoin-etf
"With over $1.5 trillion in assets under management, this allocation signals the Wall Street titan's growing conviction in bitcoin's role in portfolios.
It joins other major banks like JP Morgan, BNP Paribas, and Royal Bank of Canada that have disclosed spot Bitcoin ETF purchases."
Well maybe we get that good rally we are all hoping for say 150k+
May 17, 2024, 12:33:39 PM
Hey buddy do you think I should cash out today and just walk away from this all?
Some days I just feel like cashing out and walking away from all this.
For some reason I feel this way today.
Some days I just feel like cashing out and walking away from all this.
For some reason I feel this way today.
I guess the question you have to ask yourself is why you are doing this in the first place. Did you get involved to have some temporary fun, to change the world, to get rich, to be a part of something? Did you get everything out of it that you wanted to? Do you still see a path to achieving your goals? Or is this just something you do for money because you’ve been doing it so long?
May 17, 2024, 12:18:06 PM
https://bitcoinmagazine.com/business/1-5t-morgan-stanley-is-buying-us-spot-bitcoin-etf
"With over $1.5 trillion in assets under management, this allocation signals the Wall Street titan's growing conviction in bitcoin's role in portfolios.
It joins other major banks like JP Morgan, BNP Paribas, and Royal Bank of Canada that have disclosed spot Bitcoin ETF purchases."
May 17, 2024, 12:05:27 PM
So I let Alcohodl and xhomerx10 talk me down from selling all.
I sold 0.01 at 67280
hodl the rest.
I put in a buy at 55566 for 0.01 btc
Still selling off the mine piece by piece on ebay.
https://www.ebay.com/str/philipma1957computergearandmore
tons more than that to sell.
I sold 0.01 at 67280
hodl the rest.
I put in a buy at 55566 for 0.01 btc
Still selling off the mine piece by piece on ebay.
https://www.ebay.com/str/philipma1957computergearandmore
tons more than that to sell.
May 17, 2024, 12:01:14 PM
May 17, 2024, 11:51:27 AM
weekend coming... and 69 is right there.
May 17, 2024, 11:50:36 AM
and... we pump
May 17, 2024, 11:20:04 AM
Hey buddy do you think I should cash out today and just walk away from this all?
Some days I just feel like cashing out and walking away from all this.
For some reason I feel this way today.
Some days I just feel like cashing out and walking away from all this.
For some reason I feel this way today.
Don't do it philipma1957! That feeling only shows how close we are to reaching new levels. I almost did that the first time China banned bitcoin - luckily I was boarding a plane and only had access to what little I had on the exchange at the time. I sold it while sitting in the lounge and frantically tried to buy it back while sitting in the plane waiting for takeoff (and before I lost my connection for ~9 hours) when I realized my error. Through sheer luck I bought it all back, caught the bounce and made a few hundred bucks in extra sats but as I know now, it would have been financially devastating in the longer term to sell it all back then.
Do you need all that fiat right now?
A similar thing happened to me around New Year's Day 2017. Price dumped from $1200 down to $700, can't remember exactly. But it dumped. I was staying at my cousin's house for a few days and away from PC, wanted to drive back and log-in to sell some. She saved me from selling precious corn. She's a coiner now (joined much later though)!
As for Philip, old age, maybe?
Don't do it man !!!
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