Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5291. (Read 26720821 times)

Right.  I am definitely on heightened... umm heightened something.

But my antennas have served me well over the decades.  I have learned not to discount them.  Especially when they are receiving such an overwhelmingly strong signal.

Tough part is I usually have a bit of insight as to what the signal means. But I am not sure where we are headed.... I just seem to be picking up that we are in for a pretty wild ride.

You know how animals act funny before an earthquake, or trees turn their leaves up before a good rain?

My antennas are literally vibrating.

Raise your hand's slowly cAPSLOCK and back away from the keyboard. 

I feel for people like this. If they keep going like this, they'll eventually have a complete psychotic breakdown.

I have images of this person being rolled out on a gurney in a straightjacket in ten years.

I always use altcoins to transfer stuff left < and > right.  ... "BTCutcoin" for me is sh!t. It is too slow and too high of a fee. F^ck security, SHA-256 is excessive, I'm happy with less.


*edit(0): Until Aliens attack us, we will manage our day to day precious sh!t currency transactions with less. Then we will use 512 or higher if its necessary for something greater than some stupid thing as called money. ... Don't get me wrong, I get along, but I actually deeply hate money.

*edit(1): Or the concept of money. There needs to be a better system, something better to be invented.

Listening to advice on a maximalist Bitcoin forum is OK in my opinion but I think you need to make up your own mind when it comes to financial investments. Trust your feeling's Luke. What I mean is maybe buy a nice fat stack of satoshi's with say a quarter of your fiat available for the warm fuzzy feeling it gives you and break the rest into smaller DCA portion's until that over-invested feeling dissipates to a manageable level. After several of these "hi-lo" roller-coaster ride's you will be a grizzled battle hardened veteran with a solid investment plan that fit's your personal risk tolerance.

Explanation

When you are considering investing more into bitcoin (presuming you already own some BTC) you need to consider lumpsum, dca and buying on dips... so how much of your $4k to plug into each or any of those categories would depend on if you have any money already dedicated in those categories... .

Furthermore, you need to consider your whole situation including your cashflow, how much you already have in bitcoin (which you seem to have already decided that you want $4k more to be in bitcoin), your other investments, your view of bitcoin compared with other investments, your timeline, your risk tolerance, and your time, abilities to plan, learn and adjust your BTC portfolio along the way, if at all,.. presumably investing at least 4 years, no?

In other words, just market buy now... might help the rest of us to get a 5-minute pump.   


You cannot just retire early, ivomm?

I am going to create a hypothetical that is not necessarily meant to be your situation, but let's say for example you have a pension that is $50k per year and it has a bunch of other perks that cause it to go up another 50% , so it is really worth around $75k per year of already earned money once your retirement date comes, so you do not feel comfortable leaving that on the table, but you have a BTC stash that is something like 100BTC, so you feel pretty good about the BTC having a current value of $3.3 million (income of $132k) ($33k BTC prices), and currently with BTC volatility uncertainties, you might want to value the BTC ONLY at the 208-week moving average of $13,333 - so therefore only $1.33 million (income of $53.2k).

But if BTC prices were to go up to $500k and then correct back down to $100k, at some point the 208-week moving average is going to move up to $100k too.. and that would cause some amount of certainty that your BTC stash is worth several multiples in excess of the pension that you might end up leaving on the table, no?  In other words, valuing BTC at $100k would cause a $10 million BTC portfolio value (income of $400k).  At some point, the pension would start to seem like peanuts compared to the value of freedom, no?

I understand that some people still do get some pleasures from their jobs, but there is a breaking point at some price point, too, no?  Those breaking points need to be considered no, whether it is having assurances of 2x the salary, 10x the salary or 50x the salary?  or some other breaking point to cause a desire to split away from current job duties and activities or maybe just renegotiate the terms, perhaps?

OK.  What the hell?  I really like Tradingview, and there are some gems of shadetree analysis on there.  Some really interesting ideas and insights.  But WHY, WHY, WHY does ANYONE think shit like this is useful at all?

This guy is one of the top follows on there.  What the heck is wrong with people?

He needs to come sit under the zen feet of Toxic for a while and learn about ducks diving for salamanders and things like that.

OK... I need y'all to talk me off the ledge.

My state attack paranoid theory along with the 139 minute block time this morning between 689300 and 689301 has me all would up thinking about reorgs etc.

_edit_

So I have been doing a little math (remember that I am a musician primarily... so math is a dark art for me), and putting aside things like the first few blocks and amazingly long times then, my figuring based on reasonable swings in hashrate (including the one we are in now) this type of gap should not happen more frequently than like 3+ halving Epochs.  I might have my figuring wrong, and some of it is on my head-napkin.  It could be even more EV rare than that.

You are full of shit, you dweeb.  There are a variety of places to buy BTC through fiat, and not shrinking, either.


In your fantasy dreams.


My understanding is that they had gears between the propeller and the wheels that caused the wheels to move faster than the propeller, it was not a 1:1 relationship.... that was illustrated with the car and the board, too.


I doubt anyone gives any shits about what a dweeb like you believes or doesn't believe, including yours truly.



Who would take advice from a seemingly desperate twat, especially unsolicited advice?


Assuming bitcoin to be broken and without utility is a pretty BIG grasping at straws.  You still don't understand bitcoin, you dumb twat?  I would suggest that you go back to bitcoin basics, and maybe, just maybe, you might have a chance of redemption... It's a long-shot, but one can never know.

Good morning Bitcoinland. Happy Canada Day all you WO Canucks.

Still stuck in the mid-$3xxxx range... currently $33740USD/$41714CAD (Bitcoinaverage). Waiting for October.

Too busy getting infrastructure together at the lake. Moved in temporary trailer last week. Laid gravel bed for the shipping container that will serve as garage and secure storage. After a couple of months of day trips we're ready to start spending nights.


I get my Vitamin C both ways. I eat a healthy diet of fresh foods, not peeled (the skin's the best part), not overcooked, and also take a 1000mg time-release Vitamin C tablet every morning and night.

Using time-release tablets is key.  Your body quickly pisses it out so you need to keep trickling your supply slowly into your system. This is why dietary Vitamin C works better. Digestion of food releases the C at a slower rate, just as soluble fiber slows the absorption of sugars, slowing diabetes.

Explanation

Oh, the sweet revenge.
When altcoiners crash and burn.
Take no treesoners.

#cryptichaiku

What utility altcoins you have in your mind other than bitcoin that can provide you security of transactions with thousands of potential nodes running across the network.So a certain so called dumbass group of persons will be able to push the shitcoins price high against bitcoin when they all follow it ? Eventually you don't need to dump the altcoins because the temporary run for them is over and so they automatically dumps and so called altway is set out of the market.Have some in depth knowledge before supporting the so called zero utility altcoins.

Explanation

yeah. and dont forget to enjoy those potential multi year long losses too.

Where is the fuck off button?

Ah yes.. there it is...

Explanation

Good to know you're OK and not worse than earlier. In my humble opinion, getting vitamins from pills, and overloading your body with supplements and "healthy" add-on pills is not the best way to go about it. Just eat a balanced diet, and consume the natural stuff that have what you need (Vitamin C or whatever). "Pill" solutions are shortcuts that do not always help.

I've been busy IRL and only skim through WO lately, so I didn't quite get your earlier comment about COVID-19, did you say you've got it, or you may have it? I hope you are clear of it. BTW, a few days ago I had my 2nd dose of the COVID-19 vaccine (the Pfizer variety). All is fine, no side-effects at all, apart from a mild muscle pain at the injection site, lasting less than 2 days.

Hope you get well soon, and that it's not related to COVID-19.