AC or DC?
Tesla showed us the right way,
Yet died a poor man...
#sparklyhaiku
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4222. (Read 26715060 times)
January 07, 2022, 06:40:36 PM
January 07, 2022, 06:39:28 PM
Tether? Ether? Neither!
BUMPER STICKER! 
January 07, 2022, 05:49:31 PM
Tether? Ether? Neither!
January 07, 2022, 05:43:25 PM
Still a bit nervous we might dip into the $30k's - Don't think we're out of the woods quite just yet.
If we hit $39.5k, I'm going to start stacking again. Trying to keep my cash reserves where they are right now due to the ranch starting to really hit its stride.
If we hit $39.5k, I'm going to start stacking again. Trying to keep my cash reserves where they are right now due to the ranch starting to really hit its stride.
January 07, 2022, 05:21:14 PM
You can call "not selling in 2017"' a mistake ONLY if we dip below 20K.
Otherwise, I am still up more than 100% since Dec 2017.
It's "only" about 20% a year, but it ain't "a mistake".
There were faster horses, of course, but "they" are riskier as well.
The main problem with those is informational disadvantage.
In comparison with bitcoin where everything is upfront and the "rules" are clear, other projects could rugpull you before you say" what the f...?"
Otherwise, I am still up more than 100% since Dec 2017.
It's "only" about 20% a year, but it ain't "a mistake".
There were faster horses, of course, but "they" are riskier as well.
The main problem with those is informational disadvantage.
In comparison with bitcoin where everything is upfront and the "rules" are clear, other projects could rugpull you before you say" what the f...?"
January 07, 2022, 05:05:54 PM
Imho
Big players, institutional players, new people, who ever ….. have had 13years long to buy BTC on the cheap, over the years when BTC have become relevanter it have had serious dips and opportunities enough to buy cheaper, just as one is presented right now.
People whom invested in this apex asset of value are more and more keeping there hands onto it and are less likely to sell on the cheap… I think we will not have extreme low prices, people just have to buy on smaller discounts.
'Big players, institutional players, new people, who ever ….. have had 13years long to buy BTC on the cheap, over the years when BTC have become relevanter it have had serious dips and opportunities enough to buy cheaper, just as one is presented right now.
People whom invested in this apex asset of value are more and more keeping there hands onto it and are less likely to sell on the cheap… I think we will not have extreme low prices, people just have to buy on smaller discounts.
I have spent giant JJG size walls of text saying what you said well in few sentences!
Say that it isn’t so.
January 07, 2022, 05:01:27 PM
January 07, 2022, 05:00:36 PM
I should come up with some numbers, but I do not know how to do it.
What you do is you randomly assign percentages based on your current emotions
Are you serious dragonvslinux?
Some of us might get lines wrong, but I suspect that cAPSLOCK is attempting to be objective rather than emotional, even if there are some faults in his squiggly placements.
I think we see bears that last something like the last 6 month one did, and then probably new ATH again, but most likely not the same sort of huge multiple... things like 3x instead of 30x.
I have a similar outlook. The short-term bear markets within a bull market structure as we had in 2021. Rinse and repeat, until a blow-off top eventually occurs.
I think that’s a fair description of where we are at currently in terms of being in an ongoing bull market that takes a while to play out and after so much consolidating, I am having troubles imagining a blow off top that is any less than 3x our current ATH, even though I appreciate that there are minority scenarios that could end up playing out.
January 07, 2022, 04:36:56 PM
Undone by ether
Or blacklisted by tether
Which one is better?
#haiku
Or blacklisted by tether
Which one is better?
#haiku
Neither one of them!
In King Daddy Bitcoin's eyes,
They don't stand a chance!
#counterhaiku
January 07, 2022, 04:34:06 PM
I think it’s looking pretty obvious now that the bull market is over. It shouldn’t bother any of you on a long time preference. I sold nothing in the 2017 bull & regretted it for ages. Didn’t make the same mistake this time, dumped 25% of my bags between 53.8k & 65k, set for life & now, seeing this dump & likely transition to bear market……
We're probably going to 30k in the next 12 months, I will buy back what I sold there. If not, no problem, 75% of stash locked away.
I hope none of you made my 2017 mistake & deludedly thought bitcoin won’t go down.
If you did, I hope you can live peacefully until the next bull cycle which will start in 2024. If you sold nothing don’t worry, we will hit 100k & above but not in 2022 & most likely not 2023 either. 2024 & 2025 we ride again.
We're probably going to 30k in the next 12 months, I will buy back what I sold there. If not, no problem, 75% of stash locked away.
I hope none of you made my 2017 mistake & deludedly thought bitcoin won’t go down.
If you did, I hope you can live peacefully until the next bull cycle which will start in 2024. If you sold nothing don’t worry, we will hit 100k & above but not in 2022 & most likely not 2023 either. 2024 & 2025 we ride again.
I'm somehow not completely sure about that. Something is not as it looks. Maybe I'm too naive or it's just my wishful thinking but I've got a feeling Bitcoin is going to surprise us again (in a positive way) win 2022.
P.S. I made your 2017 "mistake" but can it be called so? Time will tell...
I sold about 40% of my BTC stash from Jan - Oct (2021) in many small increments. My average sale price was some $42k and change (so timing was not the best, but BTC price now below my average sale price). Very low cost basis, so will pay a hefty Cap Gains tax for 2021. That allowed me to fund-up our two grandkids.
I am wondering when to get back in. Perhaps if we decline to Novogratz's $38,000 - $41,000 (approx) might be a good time to nibble.
If we rebound strongly from here, that's OK too, I still have the 60% left. Would I sell any later? Talk me at $80k, and we'll see.
January 07, 2022, 04:13:19 PM
Undone by ether
Or blacklisted by tether
Which one is better?
#haiku
Or blacklisted by tether
Which one is better?
#haiku
Quote
Tether also has a "recovery" mechanism in place, meaning it can freeze USDT and reissue them in certain cases.
Both centralized scams, there is no "better" when choosing between SHIT.
January 07, 2022, 04:07:17 PM
I think it’s looking pretty obvious now that the bull market is over. It shouldn’t bother any of you on a long time preference. I sold nothing in the 2017 bull & regretted it for ages. Didn’t make the same mistake this time, dumped 25% of my bags between 53.8k & 65k, set for life & now, seeing this dump & likely transition to bear market……
We're probably going to 30k in the next 12 months, I will buy back what I sold there. If not, no problem, 75% of stash locked away.
I hope none of you made my 2017 mistake & deludedly thought bitcoin won’t go down.
If you did, I hope you can live peacefully until the next bull cycle which will start in 2024. If you sold nothing don’t worry, we will hit 100k & above but not in 2022 & most likely not 2023 either. 2024 & 2025 we ride again.
We're probably going to 30k in the next 12 months, I will buy back what I sold there. If not, no problem, 75% of stash locked away.
I hope none of you made my 2017 mistake & deludedly thought bitcoin won’t go down.
If you did, I hope you can live peacefully until the next bull cycle which will start in 2024. If you sold nothing don’t worry, we will hit 100k & above but not in 2022 & most likely not 2023 either. 2024 & 2025 we ride again.
I'm somehow not completely sure about that. Something is not as it looks. Maybe I'm too naive or it's just my wishful thinking but I've got a feeling Bitcoin is going to surprise us again (in a positive way) win 2022.
P.S. I made your 2017 "mistake" but can it be called so? Time will tell...
January 07, 2022, 04:01:35 PM
January 07, 2022, 03:52:17 PM
Undone by ether
Or blacklisted by tether
Which one is better?
#haiku
Or blacklisted by tether
Which one is better?
#haiku
January 07, 2022, 03:50:50 PM
“The progressive development of man is vitality dependent on invention. It is the most important product of his creative brain. Its ultimate purpose is the complete mastery of mind over the material world, the harnessing of the forces of nature to human needs. This is the difficult task of an inventor who is often misunderstood and unrewarded. But he finds ample compensation in the pleasing exercise of his powers and in the knowledge of being one of that exceptionally privileged class without whom the race would have long ago perished in the bitter struggle against pitiless elements.”
–Nikola Tesla
“My Inventions I – My Earlier Life.” Electrical Experimenter, February, 1919.
–Nikola Tesla
“My Inventions I – My Earlier Life.” Electrical Experimenter, February, 1919.
January 07, 2022, 03:40:28 PM
Tether is little more than disguised fiat.
Makes eth look pretty good too.
please note sarcasm
January 07, 2022, 03:36:41 PM
New Episode is out!
Keep up the good work @cyrus!
Keep up the good work @cyrus!
I want 4 Minutes of my life back please
January 07, 2022, 03:29:42 PM
Tether is little more than disguised fiat.
January 07, 2022, 03:16:15 PM
https://www.theblockcrypto.com/post/129133/tether-freezes-over-1-million-usdt-single-address
Quote
Quick Take
Tether blacklisted an Ethereum address last week that had over $1 million of USDT balance in it.
A Tether spokesperson told The Block that Tether regularly works with regulators for freezing addresses.
Tether blacklisted an Ethereum address last week that had over $1 million of USDT balance in it.
A Tether spokesperson told The Block that Tether regularly works with regulators for freezing addresses.
January 07, 2022, 03:02:49 PM
Since we posting these pics
We spotted El Duderino doing his Supermarket stroll
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