Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5214. (Read 26723655 times)

Explanation

I doubt that there are many guys here who are selling after a 56% correction, but sure some of them will do it, and let's see how it plays out for them.

Of course, peeps are going to feel nervous including asking their lil selfies:  "why are we here?" and other seemingly existential questions/// or price dynamic questions.


I have heard that expression before, but it did NOT strike me right away just by referring to my like of rivers in Egypt....

Regarding the substantive point, sure sometimes any of us (including mere mortal your truly) can capture history in ways that might not be quite correct - but I am not sure if it is even helpful to quibble about particulars because there are some members who do not hesitate to overly outline their doom and gloom visions about bitcoin or its price or even seem to show that they are unprepared when the BTC price goes up because they were too busy waiting or hoping for down that ends up NOT happening.  I think that you are fairly in such a camp, richie_t - even if I might not have been able to adequately grapple with the proper technicalities of how or when you made your negative proclamations...

In other words, when in doubt presume richie_t to be bitcoin naysaying, even if he is not.. shoot first and ask questions later.. at least in terms of some members... but anyhow, I have been trying to give you a chance frequently, but you would not be the kind of guy that I would want to rely upon if I were injured and stuck in the gutter and needed someone to drag me to safety while under enemy fire.. I would like to be pleasantly surprised, but such pleasant surprise feelings are not coming automatically, right?


I have told variations of the story with this particular tio several times in this thread, but I had specifically given him $10 worth of bitcoin in 2014 when the BTC price was around $385.  I did that through Circle, and they had a feature that you could claw back the gift in the event that the member had not opened their e-mail, which was the case for him, and I clawed it back in early 2016, but he contacted me in mid 2016 when BTC was around $750, and I agree to send him the same amount again, which was like $19-ish.  He then bought $300 worth of Bitcoin through Circle and then sold all of his BTC in about mid-2017 (presumably receiving long term tax treatment) for around $3,800-ish.. so he would have made something like $1,800 in profits.. and I am pretty sure that he has been a no coiner ever since...  



I already know that I won, but only trying to be charitable to him in terms of providing information if he is willing to receive it, and he does not want no charity, because he is a self-made kind of guy who has some comforts in paying his fund manager to manage his funds that my uncle has lived off for 25 years-ish... .



I did give BTC away a lot (at least small quantities to a lot of people) in 2014, 2015 and 2016, but not so much in recent times... circle did make that easy.. and sure there are probably some other services that I could use .. .. but have not bothered, recently... I guess that I am more demanding in terms of the level of engagement that I am expecting, and sure I understand that many people need a certain level of hand-holding that goes further than what I tend to offer without their showing actual willingness to take some steps themselves in setting up an account or just saying that they want to spend some time with me to set up an account.

+1 WOsMerit


had to look it up..my memories of the 70s and 80s are not great either @vapourminer...i get bits and pieces seen thru a cloud of thick haze...anyway

Heavy Metal/Initial release    coincidentally the day Charles and Diana were married           40th year anni coming up ffs...time flys
July 29, 1981

Wizards/Initial release   a few weeks after Carter started his run for President     also the Atari 2600 was released September 11th
February 9, 1977

all i can say is thank the gods for google..would not remember nuttin

with that...think i will spark up a fatty and check out this flick again...see you on the morrow gentlemen

...

@ JJG (various comments above sobre su tio)

First allow me to hedge my remark as I have not been able to keep up on all the recent pages here at W.O., you may have already explored this idea..

Why not just GIVE him outright some BTC gratis?  You could give him $15 worth just as a gift for him to keep an eye on.  Once he has the asset, he will likely want to monitor it for value.  If he will not even bother to set up a BTC account on mobile (perhaps the easiest fastest way for a n00b), then just give him a paper wallet.

You could always ask him to send the $15 back to you in the future (he might if it moons)

Or

Send back the BTC (if he declines to send back the BTC if/when it reaches $150,000, then you can safely say that you won).

Just an idea for your consideration.


EDIT: When I first entered Bitcoinlandia, someone I didn't even know gave me my first BTC.  I myself have given small amounts away to strangers and friends.

I can hardly believe that this dweeb, eXPHorizon, considered it wise to send me a PM, and even more directly asking for 3 BTC.  He must be in a fantasy world, and hopefully no other member is dumb enough to respond to him by giving him any quantity of BTC - even as small as 3 satoshis.. so either reporting him and/or red-tagging him would be my recommendation.

I did both report his direct solicitation and also gave him another red tag - funny his account has not yet been suspended or banned from the forum based on its lacking in valuable contribution and in fact attempting to leach off of forum members through begging and also almost always lacking in any kind of meaningful contributions.

By the way, when I received the direct message from dweeb twat eXPHorizon, I thought that maybe he was going to apologize for his begging for BTC on the forum and attempt to make amends for his previous begging posts.. but instead, he doubled down on his begging, which is a violation of forum rules.. remember that if any of you get a direct message from such dweeb, aka eXPHorizon.

Watching Heavy Metal in the theater on Mesc with my GF is one of my best memories.



Wizards.1977.1080p.BluRay.x264-CiNEFiLE.mkv

Explanation

Just a little friendly ribbing

I'm somehow sure the price is going to flop soon and then rebound but I'm scared AF to move any of my coins to a stablecoin 'till it happens. So FML, I'm just gonna sit and watch the opportunity passing casually by me. I just imagine I'd sell at this point and wait for the flop while in the backend something huge is being prepped up similar to the El Salvador news, if not better. I know the FUD is insanely huge right now and this is precisely why I'm afraid to move anything, lol. Because hell, the price trend could literally swap from extreme FUD to extreme FOMO in a minute and I ain't gonna miss this one.

Do you guys feel different? My gut feeling usually doesn't get me wrong but my actions always do, lol.

Explanation

Explanation

Maybe some expression about rivers in Egypt?  perhaps something to do with longness?


No problem with you having your own lil more insightful than anyone else theories.  It's a free country,^** right?


**  By the way, I am referring to bat country.

yup Wizards was animated in a very distinct animation style (rotoscope? not sure)

i think Wizards and Heavy Metal were released within a few years of each other. it was when i was in my tripping phase so i saw both while wasted at some point.. fun times. left a lot of brain cells in the late 70s/early 80s heh.

Of course, there is a bit of a difference (around 30%) of getting to $100k or going up $100k from here, and I don't proclaim to be any kind of prophet.... that's for sure.

Getting up to $100k might have a few struggles, and surely, there has to be a bit of a reversal of our current price dynamics, so just getting above $46k might be a feat.. and then getting above our current ATH of $64,895 - and sure in theory there should be another resistance point before going above $100k... I could see scenarios of getting above $100k that cause doubling or tripling from there to NOT really be a thing, so in that regard, $130k-ish would likely be a passing point (perhaps another no man's land area)...

So, surely the speed of up or even if there is more DOWN from here could affect price dynamics for this cycle, including how long it might take to get above certain price points.. so one scenario would be that the top is already in, at $64,895, and then some alternate theories of not being able to break above $200k-ish, and then some middle-to-bullish theories of  supra $200k to $600k and then the most of bullish theories of $600k to $1.5 million and I would not expect any reasonable possibility of higher than $1.5 million for this cycle.

So sure, there is this cycle, another cycle or even looking a couple cycles down the road, and sure if we have timelines that are 8-10 years from here, then supra $1.5 million to supra $10 million seems within reach.. even if we still are better off looking at how one leg of the UP goes before presuming too much about subsequent UPs, and even realistically, it is not a good practice to really be counting on the most bullish of scenarios to still be able to profit stupendously from bitcoin and its upside potential, even if there ends up being some flop-like aspects that end up playing out.




Even though I may have caused some senses of competition, I frequently tell my Uncle that I am trying to help him out and he has the right to do whatever he likes, so I have my doubts regarding whether he considers me as hostile to him.. even though I can sometimes speak a wee bit frankly.  I get the sense that he says that "we should meet," but he never really gets around to following through with me, even though our paths end up crossing fairly regularly. 

Regarding our Sunday brunch, I was told to go to his house on Friday to pick something up, and then when I was at his house, he kept offering a beer, but I said that I did not have time for the beer because I had another thing scheduled.  So, he said that there were several of them going for brunch on Sunday, and he had seen me at those kinds of periodic brunches in the past, but usually I would get a text to confirm, and he told me that the were going to be there for sure and that I should just show up.. so he was kind of insistent that I show up.. so I did.. So, what I am saying is that things come up when we meet, and every once in a while he will talk about bitcoin with me, but whenever he says that we should meet sometime, he never really follows through even though I frequently say that we can meet whenever he wants.. so maybe this time is different, I don't know.. but I anticipate that he's reluctant to meet about the bitcoin topic, specifically.  We will see.. we will see.

Explanation

I didn't say it when it was going up. I said it when we had fallen from mid-sixties to somewhere around the low 40s. And I said I hoped it wasn't the case. We have since slid another 10k in dribs-and-drabs.

But if you like rivers in Egypt, I'm not going to try to dissuade you.



As to the 3.5 years, *shrug*. Seems ever halving is followed by a rally and every halving is (a little over) 3.5 years. All just a coincidence I'm sure. You may not buy it but the honeybadger really doesn't care.

+1 WOsMerit


You are correct...totally conflated those films   

Wizards...didnt that release with Heavy Metal?  If I am thinking of the right film anyway...animated right?   One of the best trips of my life...a midnight showing at the Del Ray...epic

Send it as is. As your uncle is already invested in the stock market and owns gold he will appreciate the effort you have put in to provide factual evidence in the case for Bitcoin. As an investor and not just someone who parks their savings in the bank he will also be used to measuring risk reward.
It is difficult when your family are involved, there was someone posted a few months back quite near the ATH that he was pleased he'd got his parents to buy some BTC. It could easily cause a falling out if they panic sold and lost 50% of their purchase price.
All generations in my family are coiners, encouraged by initial gifts to them of paper wallets containing 0.5 BTC about $150 at the time.

 What you have is the superior asset and it's going up forever, Laura.

You need to watch "The last action hero" next.  It's a star-studded foray into nostalgia.  You can't go wrong with Arnol Schwarzenegger.