Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4704. (Read 26608936 times)

I can guarantee you that lost btc address will eventually be subject to forfeit much like an old bank account with no action gets grabbed.

An untouched btc address in terms of no funds ever removed will be considered lost .


The funds will be folded back into mining rewards for blocks.

To anyone that thinks I am wrong I simply laugh.

Zero reason not to do it. Say in 2059 all 2009 address must show some withdrawal or lost.

To those that say no privacy I say you are clueless.

To those that say it will be outvoted maybe in 2059 it will be outvoted but down the road say 2084 or 2109 it will be out voted.

I can guarantee you that lost btc address will eventually be subject to forfeit much like an old bank account with no action gets grabbed.

An untouched btc address in terms of no funds ever removed will be considered lost .


The funds will be folded back into mining rewards for blocks.

Bank boxes typically are less than $100 per year, depending on size. Jewelry you don't use ... but again, maybe better at home. I can find Sentry branded fire-safe waterproof chests with lifetime warranty on amazon.

So a friend of mine is with KBC (bank) Didn't had any issues sending money in or out, from today they don't allow any deposits or whitdrawls anymore...

They getting more and more afraid, the dumb banks don't embrace or try to embrace BTC... they will get rekt thats a fact.

0.63BTC?

You may want to educate us on that if you know better.

I can guarantee you that lost btc address will eventually be subject to forfeit much like an old bank account with no action gets grabbed.

An untouched btc address in terms of no funds ever removed will be considered lost .


The funds will be folded back into mining rewards for blocks.

To anyone that thinks I am wrong I simply laugh.

Zero reason not to do it. Say in 2059 all 2009 address must show some withdrawal or lost.

To those that say no privacy I say you are clueless.

To those that say it will be outvoted maybe in 2059 it will be outvoted but down the road say 2084 or 2109 it will be out voted.

https://www.tagesschau.de/wirtschaft/ing-kontogebuehren-verwahrtentgelt-strafzinsen-101.html


^This German bank is threatening their customers. Either you accept higher fees or your account gets scrapped. How is this even legal? This is why Bitcoin is king. Get your money out of the filthy hands of the bankers before they decide it's not your choice.

Initially, I was going to suggest not to spend the $50 bucks - but hey, we should be trying to be "real" about these kinds of matters, and at some point it will be just great to pull that trigger.. It's not like your only BTC, even though it has some symbolic value... but jeez.. $180k does seem like a nice target price for that $50 sale.. and decent (though not guaranteed) abilities to exercise such option in this particular cycle, rather than having to wait for another cycle.

By the way, I have had some of my own BTC portfolio management issues in the past, and I have created a new goal to attempt to at least hold onto my 0.63BTC (which is three times our current newbie entry stacking goals) through this whole cycle, even if the BTC price goes up to $180k.. so that HODL stash would be $113,400 in value at that time... (not trying to count chickens before they hatch, but great, great.. feels good man.)


Ok.  You go first.

I will watch, and if it works for you, then I will do it next time.  maybe?

but probably not..especially since I already know what actually works.. hahahahaha.


You are coming off as quasi-incoherent UnDerDoG81 and perhaps a wee bit emotional... including your reference to "charity" organizations, whatever that means?  You talking about government organizations or some organizations that might be targeted by recent SEC actions?

You are selling half your BTC stash at our new ATH, presuming that we get there?  That's strange because if we get to new ATH in coming months, that would seem more like a HODL or even a buying opportunity rather than selling opportunity, not that I am an advocate of buying BTC on the way up, but reaching a new ATH in the coming months would likely be a bullish sign - in spite your various expressed skepticisms of current macro-considerations - or even potential ongoing and increasing hostilities directed towards bitcoin.

Regarding your comment of El Salvador and crypto, hard to know what you mean.  El Salvador legalized bitcoin, not crypto, even though there are a bunch of shitcoins going into that space to leech off of bitcoin's security blanket, and yeah if there are some institutional concerns about the actions of El Salvador, then there are likely to be some scramblings of institutions and governments in terms of figuring out how to deal with the matter, if they are going to be able to realistically deal with bitcoin (or crypto for that matter) in a way that brings them some comfort in spite issues of jurisdictional arbitrage and the fact that there is not a world government, even if some governments and institutions are more imposing and influential than others (at least for the moment), and if you really believe that the various institutional and government actions are going to hamper the upside potential of bitcoin for this upcoming price rise, then sure that is possible. 

Almost every historical BTC price pump has also included various kinds of doom and gloom concerns around bitcoin while it was pumping in opposition to such overall ongoing concerns then being expressed during each past exponential price growth (blow off top, if you want to call it) period.

So, sure something in the range of our current ATH could end up being our top for this cycle,

or we might top off somewhere before $100k.

or in the range of $100k to $200k,

or in the range of $200k to $400k,

or in the range of $400k to $800k,

or in the range of $800k to $1.5mil,

or supra $1.5 mil. 

I have given my placement of odds for these various topping out scenarios in some of my past posts including considering that the top could end up stretching out as far as the 3rd quarter 2022. 

And sure, for me selling 50% of your BTC stash at our current ATH, if we get there.. seems a wee bit pessimistic and short-sighted.. but hey, you do you, and you are the ONLY one to know how much overinvested in BTC that you might be, or if you believe that you are adequately prepared for possible UPpity scenarios that go beyond our current ATH, including if you believe selling 50% of your stash would be prudent and reasonable in terms of where bitcoin is at currently in this cycle and your own psychological and financial circumstances and giving some considerations of various possible upside ranges for this particular cycle (including that we might not even make it to our already ATH within this particular cycle which is far from a non-zero chance.. perhaps even as high as 40% to 50% that we would not even make it to our already ATH this cycle.. who knows for sure?). 

In essence none of us should be putting more weight than deserved to upside BTC price scenarios, and so we do have to consider our own allocations and even that skimming off too much could have negative ramifications as well as just letting the BTC ride whether it is just a kind of skimming for this cycle or through various continued cycles in spite of possible price corrections and even premature entrance into a bear market.. and I doubt that current news is really justifying those kinds of seemingly extra-bearish conclusions as you, UnDerDoG81, seem to be making and seemed to have been historically inclined to make.. even though you sometimes have presented ur lil selfie as a strong hand, but that surely has not been my recollection of your historical contemporaneous actions/statements.