#dyor
1h
4h
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5522. (Read 26608306 times)
May 05, 2021, 11:07:04 AM
the Wednesday morning wall report
#dyor
1h
4h
#dyor
1h
4h
May 05, 2021, 11:04:13 AM
Just sold a teeny weeny little bit, so now the price is pretty sure to go up.
Also, it's going to rain all day today and all day tomorrow, Jippie.
Also, it's going to rain all day today and all day tomorrow, Jippie.
Told you so, didn't I.
May 05, 2021, 10:32:51 AM
btc is flying 
May 05, 2021, 10:29:33 AM
As a straight guy I have to say I'm not into dildos normally.
But green dildos? Yep, I like green dildos.
But green dildos? Yep, I like green dildos.
May 05, 2021, 10:11:44 AM
Kinda reminds me of "Wizard's First Rule" and the 14 other rules about that book series. People are stupid. hehe.
Although I think that there should be bitcoin specific rules, which are essentially the consensus rules, like "There will never be more than 21 million bitcoins." I guess people just have to understand some of the foundations of how bitcoin and most other crypto work.
Although I think that there should be bitcoin specific rules, which are essentially the consensus rules, like "There will never be more than 21 million bitcoins." I guess people just have to understand some of the foundations of how bitcoin and most other crypto work.
This is how BTC is different and superior to all form of currencies. we can expect Bitcoin to grow in unexpected ways as new utility is found. Bitcoin owners can expect that its usefulness will only increase over time. In contrast, altcoin owners have substantially more risk of the coin falling into disuse.
https://jimmysong.medium.com/why-bitcoin-is-different-than-other-cryptocurrencies-e16b17d48b94
May 05, 2021, 09:53:03 AM
"Don't chase the market"
"Everyone talks their book"
"Losses are rarely mentioned"
"Gains are boasted often"
"Learn to differentiate between luck and skill"
"Recognize when you're just pure gambling"
"If you're not the predator, you're probably the prey"
"Everyone talks their book"
"Losses are rarely mentioned"
"Gains are boasted often"
"Learn to differentiate between luck and skill"
"Recognize when you're just pure gambling"
"If you're not the predator, you're probably the prey"
I wouldn't call those "rules" ... the last one is one I hear quite often in the 2nd Amendment environment, together with "Gun Control means using both hands."
The "Not your keys" = that one maybe is a rule. I think a "rule" in the case of crypto or bitcoin would be something that is ... like religiously important or sacred equivalent.
Expanding on the "not your keys" would extrapolate the air-gap or offline or cold storage principles, but there's no need to make additional rules related to that.
Really, there should be just the top 10 most important ones, and everything else derives from those. 10 Commandments of Bitcoin or something. I recall someone already posted something like that before.
*edit*
I found some that are interesting:
https://www.sylvainsaurel.com/the-ten-commandments-of-bitcoin/
https://bitcointencommandments.com/
https://armantheparman.com/the-10-commandments-of-good-bitcoining/
May 05, 2021, 09:26:48 AM
Here are my rules:
1. Always buy to replace btc that you sold paying for things (this wouldn't work in case of a ranch or lake buying, obviously).
2. Spend only fiat or stablecoins (not btc) buying anything else.
3. Never invest more than 20% (an absolute limit) or 10% (typical) on ANY investment (that includes initial investment in btc, but does not mean selling to re-balance).
4. Never re-balance anything automatically.
5. If not DCAing, buy ONLY in a rising or stable market, not in a declining market.
6. Sell alts for 'things' with abandon (hopefully, at spikes). Easy come, easy go.
1. Always buy to replace btc that you sold paying for things (this wouldn't work in case of a ranch or lake buying, obviously).
2. Spend only fiat or stablecoins (not btc) buying anything else.
3. Never invest more than 20% (an absolute limit) or 10% (typical) on ANY investment (that includes initial investment in btc, but does not mean selling to re-balance).
4. Never re-balance anything automatically.
5. If not DCAing, buy ONLY in a rising or stable market, not in a declining market.
6. Sell alts for 'things' with abandon (hopefully, at spikes). Easy come, easy go.
May 05, 2021, 09:25:37 AM
"Don't chase the market"
"Everyone talks their book"
"Losses are rarely mentioned"
"Gains are boasted often"
"Learn to differentiate between luck and skill"
"Recognize when you're just pure gambling"
"If you're not the predator, you're probably the prey"
"Everyone talks their book"
"Losses are rarely mentioned"
"Gains are boasted often"
"Learn to differentiate between luck and skill"
"Recognize when you're just pure gambling"
"If you're not the predator, you're probably the prey"
May 05, 2021, 08:55:18 AM
Kinda reminds me of "Wizard's First Rule" and the 14 other rules about that book series. People are stupid. hehe.
Although I think that there should be bitcoin specific rules, which are essentially the consensus rules, like "There will never be more than 21 million bitcoins." I guess people just have to understand some of the foundations of how bitcoin and most other crypto work.
Although I think that there should be bitcoin specific rules, which are essentially the consensus rules, like "There will never be more than 21 million bitcoins." I guess people just have to understand some of the foundations of how bitcoin and most other crypto work.
May 05, 2021, 08:36:57 AM
I'm still sticking to my fourth rule of crypto: "never sell everything", so I have some left.
What are all your other rules of crypto?
I can't really answer it though
Fourth rule just sounds kinda cool.I've made several related posts:
Even worse: he's advertising a website (in his profile) that asks people for their private keys, and thus goes against the the first rule of crypto.
That's like the first rule of Bitcoin. You break it, you lose it.
As a rule of thumb: if you can do something without a blockchain, you shouldn't use a blockchain.
By now, I'd say these are the first rules of crypto:
- Not your keys, not your coins
- Verify, don't trust
- Be your own bank
- Never sell everything
- In code we trust
- Don't invest more than you're willing to lose (this rule also applies to fiat)
- DYOR
- We are all Satoshi
- HODL
Please add to the list, the order is negotiable.
May 05, 2021, 08:30:25 AM
I'm still sticking to my fourth rule of crypto: "never sell everything", so I have some left.
I have some billion "Real Stack Coins" ...
What are all your other rules of crypto?
buy high, sell low?
May 05, 2021, 08:26:52 AM
Quote
For the first time, customers of some U.S. banks will soon be able to buy, hold and sell bitcoin through their existing accounts, according to crypto custody firm NYDIG.
https://www.cnbc.com/amp/2021/05/05/bitcoin-is-coming-to-hundreds-of-us-banks-says-crypto-firm-nydig-.html?__twitter_impression=true
This can be important and I hope that they will limit it to just bitcoin.
May 05, 2021, 07:26:14 AM
I'm still sticking to my fourth rule of crypto: "never sell everything", so I have some left.
I have some billion "Real Stack Coins" ...
What are all your other rules of crypto?
May 05, 2021, 07:19:25 AM
You know how when random relatives contact you and ask about bitcoin that it's about time to start considering selling?
I got asked my a distant cousin "what do you think about dodge?".
Yup the FOMO indicator is the best indicator.I got asked my a distant cousin "what do you think about dodge?".
Combined with a parabolic growth means GTFO!
I also expect Bitcoin to be back at $58k within a few days, according to my TA lines and shit.
We'll see.
Gotta cash out a bit for floor tiles, doors and the electrician, soon.
Once again I'll say it: DOGE has a lot of appeal for the common man:
Yep, it's the perfect coin for the masses. No wonder it's pumping.
And that is what the rest of those crypto zombies over at binance who had pumped it up $51.25bln more as of today are hoping.- It's inherently inflationary which means it's worth less every day
- It's incredibly centralized with <100 people owning the majority of it
- It has no philosophy behind it other than MOAR COINZ!!!!!
- It is and always will be a funny joke coin, like a set of training wheels
- Only a brain dead person would hold it.
Yep, it's the perfect coin for the masses. No wonder it's pumping.
Oh yeah.. and Elon.
Cause after Saturday. I can see it dumping massively after the hype train is out of the station and goes off the rails.
The joke will be over.
I saw a sad news story the other day. I am paraphrasing, it's easy to find. Some relatively young guy (30's) was celebrating loudly because he became a millionaire (on paper) with Doge. He had invested his life's savings (hundred-something K USD).
He said 'I grew up poor, I'm not selling any of it. I'll wait until it's 10 million, then I'll withdraw a million dollars.' Poor guy.
It's this guy...He said 'I grew up poor, I'm not selling any of it. I'll wait until it's 10 million, then I'll withdraw a million dollars.' Poor guy.
https://twitter.com/ProTheDoge/status/1389559038896054273
Cause after putting your entire life savings into something and if it goes to hell in a hand basket, then your sh*t out of luck.
Also hope he cashed out a few of those... maybe a million worth.
Then puts it into a real store of value.
BTC
Then he'll be like one of the cool kids.
May 05, 2021, 07:17:51 AM
@100trillionUSD
Can't wait to see the 2nd leg of this #bitcoin bull market🚀
https://twitter.com/100trillionusd/status/1389891386275729410?s=21
@johnkvallis
Shitcoins: Nobody wants to be the one left holding the bag.
Bitcoin: Everyone competes to be left holding the biggest bag.
You can only #hodl #bitcoin
https://twitter.com/johnkvallis/status/1389635466132135939?s=21
@saifedean
Hundreds of US banks will soon allow their customers to buy, sell, and hold bitcoin in their existing accounts, thanks to @NYDIG_BTC
https://t.co/za3fTudqNg
https://twitter.com/saifedean/status/1389910108923174913?s=21
Can't wait to see the 2nd leg of this #bitcoin bull market🚀
https://twitter.com/100trillionusd/status/1389891386275729410?s=21
@johnkvallis
Shitcoins: Nobody wants to be the one left holding the bag.
Bitcoin: Everyone competes to be left holding the biggest bag.
You can only #hodl #bitcoin
https://twitter.com/johnkvallis/status/1389635466132135939?s=21
@saifedean
Hundreds of US banks will soon allow their customers to buy, sell, and hold bitcoin in their existing accounts, thanks to @NYDIG_BTC
https://t.co/za3fTudqNg
https://twitter.com/saifedean/status/1389910108923174913?s=21
May 05, 2021, 07:09:52 AM
I once had 60 ETH, and 100K other portfolio. Once I were a millionaire, but virtually.
Once I was a Hippie
Then I was a stockbroker
Now I am a hippie again....
(The Bobs, "Songs for Tomorrow Morning")
May 05, 2021, 07:07:50 AM
Once again I'll say it: DOGE has a lot of appeal for the common man:
Yep, it's the perfect coin for the masses. No wonder it's pumping.
- It's inherently inflationary which means it's worth less every day
- It's incredibly centralized with <100 people owning the majority of it
- Simple to manipulate by those Whales in order to fuck the little guys
- It has no philosophy behind it other than MOAR COINZ!!!!!
- It is and always will be a funny joke coin, like a set of training wheels
- Only a brain dead person would hold it.
Yep, it's the perfect coin for the masses. No wonder it's pumping.
May 05, 2021, 07:04:49 AM
I once had 50M dogecoins 
sheit
sheit
I once had 1200 ETH :/
I once had 3 BTC :/
Shit always happen with me, I am first choice in the play ground.
May 05, 2021, 06:57:45 AM
Quote
For the first time, customers of some U.S. banks will soon be able to buy, hold and sell bitcoin through their existing accounts, according to crypto custody firm NYDIG.
https://www.cnbc.com/amp/2021/05/05/bitcoin-is-coming-to-hundreds-of-us-banks-says-crypto-firm-nydig-.html?__twitter_impression=true
May 05, 2021, 06:25:56 AM
I once had 50M dogecoins
sheit
sheit
I once had 1200 ETH :/
I once had 3 BTC :/
i once had a pile of fiat. luckily i dumped as much of that crap for btc as i could.
OT: dumping old doge from way back and converting to btc with a smile right now. sorry for mentioning that "other" coin WOers. ill try not to name that coin again here.
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