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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5636. (Read 26607612 times)

legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Barely broke ATH and everyone is talking about cashing out..

Naaaah not cashing out bro.... 

Bitcoin is and will be safety against inflation, many should realize
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Barely broke ATH and everyone is talking about cashing out..

Naaaah not cashing out bro.... 
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Should I quit my job?
Oh man, should we get into a 2015-like crypto winter you may want to reconsider that job, lol.

What I'd do is keep a stash of cash for at least 12-24mo of expenses on the side just in case BTC somehow screws up for a while and YOLO.

The crypto winter was 2014.
In 2015 the recovery started from a super dip below 200 USD in January, and ended over 450 USD in December, more then a doubling. That's not exactly a bear market.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Wow! Guys!

I've just calculated that I can now use my BTC to cover my living expenses for the next 127.2 years!

Should I quit my job?

This is tough shit.

Well if you have that much you are faced with the issue of selling some of it.

maybe 10%.

I wish I had as much as you do.

Today I sold a chunk.

The reason that you do not have anything close to as much to be able to come up with a 127.2 year figure, like AlcoHoDL is because you are (have been) selling way more than you need to and not buying enough. 

But whatever.  You do you, and we can ONLY go (act) from considering our current situation rather than what we should have done historically, and maybe at the same time, we attempt to learn from our historical mistakes (of selling too much too soon - and not buying enough -  in your case, Philip).

But I am still mining and the sale today covers my mining bills until 2022 along with allowing me my new sheds:




I will be getting 2x  8 by 14 foot models.
8800 and 2200 for prep of the landing pads.

11k in total for the sheds.  It will empty the house of all the mining parts.



Surely, if things are needed (or helpful) then nice to be able to spend value in that way.

Should I quit my job?
Oh man, should we get into a 2015-like crypto winter you may want to reconsider that job, lol.

What I'd do is keep a stash of cash for at least 12-24mo of expenses on the side just in case BTC somehow screws up for a while and YOLO.

I do agree with the idea of planning your cashflow ahead, and the more complicated the cashflow, the longer the plan ahead period should be, and perhaps the more varieties of funds to draw from, yet I doubt that having 12-24 months of cash on hand would be necessary and/or prudent use of cash.

The essence of the matter remains that each of us are likely to have a variety of sources of value that we could draw upon, and if we were to ONLY have bitcoin and cash then maybe in those kinds of limited circumstances, we would have longer periods of cash with assumptions built in that a large portion of cash flow could dry up.. but sure, even if we estimate our cashflows conservatively, in some of the worse scenarios, we might have 50% to 70% dry up, and I suppose that individuals would need to consider if 100% of their cashflow could dry up.. let's say in a circumstance of incapacitation or something like that. rather than merely a need to have to look for other work, in the event that income comes from work.... so in a scenario that bitcoin becomes the source of income, then there surely could be a back up plan to earn money from work in the event that there were a shortfall, but to many of us, that might have been an indication that the plan failed because pulling the fuck you lever was meant to not require work for financial reasons but instead for pure and complete voluntary reasons.. kind of the meaning of having had achieved "fuck you" status.
sr. member
Activity: 719
Merit: 388


I've got my eye on this baby that is available locally, for just north of $300k.



Problem is, I have no place to store it right now Sad Don't want to get rid of our Porsches.

Fuck.

Love this McLaren ! What's your garage actually?
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Who has enough fiat to double xrp marketcap? CBs? Crazy over-leveraged HF? Someone here?

It's already gone down again.

Long term alts don't work and short term it is easy to get burned also if you don't know what you're doing or just get unlucky.

At the prodding of a friend I actually got to looking for the 1000xrp I received in the giveaway back in two-thousand-and-tickety-boo. The online wallet was dead and the only reference I could find to a replacement also dead. I'd be very wary about paying attention to xrp market cap. It had a huge premine and I'm sure a lot of it is sitting in dead wallets like mine. It shouldn't even be in crypto charts anyway.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Question; how long would a politician live without any police protection available and a lack of incarceration as a consequence of murder?

They pull cops from the streets then as soon as someone raises their voice, they surround their homes with enough cops to police a small suburb.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
I once thought about becoming a politician.

But then sadly, I'm not a complete and utter imbecile.

Oh well. Hodle and retire early seems the best option now.  Cry




Question; how long would a politician live without any police protection available and a lack of incarceration as a consequence of murder?

The have put a fucking fence up around the capital and are using the military as their private police force.  And I hope Michigan comes to their senses and shitcans that abomination of a representative who actually hates our country.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!

So, I was listening to the song without really listening, just assumed it was Japanese, and then I thought I heard a familiar word and later another one, so I listened from the beginning and discovered that it's actually Swedish. Just a little evening reflection.

It's basically a  "clap your hands, don't miss the chance, come on dance" type lyric.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Barely broke ATH and everyone is talking about cashing out..

Only fools "cash out".

Smart people cash in.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
@cryptomanran
Let's bet that $BITCOIN breaks All Time High the day Coinbase lists next week!
https://twitter.com/cryptomanran/status/1380254708506501133?s=21

I bet it magically breaks ATH the day before the Coinbase listing. On Coinbase at least.

Not to toot my own horn but....


legendary
Activity: 1134
Merit: 1599
Barely broke ATH and everyone is talking about cashing out..
Every dump is another chance to purchase BTC cheap, so let's just support them all then lol
legendary
Activity: 2296
Merit: 2262
BTC or BUST
Barely broke ATH and everyone is talking about cashing out..
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Who has enough fiat to double xrp marketcap? CBs? Crazy over-leveraged HF? Someone here?

It's already gone down again.

Long term alts don't work and short term it is easy to get burned also if you don't know what you're doing or just get unlucky.

Erm, wrong coin, wrong thread  Roll Eyes

*insert batslap*

 Grin
legendary
Activity: 1526
Merit: 2617
Who has enough fiat to double xrp marketcap? CBs? Crazy over-leveraged HF? Someone here?

It's already gone down again.

Long term alts don't work and short term it is easy to get burned also if you don't know what you're doing or just get unlucky.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
62840 wow nice!
Wonder if we go pump round 2 ahead of or after COIN is open to the public? Any chances we pump to 65000 USD in next 24 hours I wonder.

Not a chance of $65k in the next 24 hours.  So don't even think it.    Tongue Tongue Tongue


 Cheesy Cheesy Cheesy

nice morning  Grin

buying a couple thou worth a la Boblawblaw style today.... replacement
Yes, I like to buy 'them ATHs, lol.


Same here, I'm always afraid to buy the dip but never scared of buying at ATH.

I must be a bit dumb.

Yes you are.  Nohomo.



No worries, We will soon see Bitcoin above 72K. Bitcoin ETF has been filed by Galaxy in the USA.
legendary
Activity: 1526
Merit: 2617
I once thought about becoming a politician.

But then sadly, I'm not a complete and utter imbecile.

Oh well. Hodle and retire early seems the best option now.  Cry




Question; how long would a politician live without any police protection available and a lack of incarceration as a consequence of murder?
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!

Margins might declines, so, yes, 150bil is rich. At 50-75bil, I might bite, but it is not very likely in a short term.
It will probably be a good buy at the end of the bear market of 2022-2023.

You think Stock market will go Bearish by the End of 2021?


I was mostly referring to bitcoin "winter" season and yes, it is likely to happen..maybe by the end of 2021, maybe a bit later.
No guarantees, of course.

https://www.youtube.com/watch?v=le0fTpVBu44
jr. member
Activity: 90
Merit: 6
Who has enough fiat to double xrp marketcap? CBs? Crazy over-leveraged HF? Someone here?
legendary
Activity: 3892
Merit: 4331

Margins might declines, so, yes, 150bil is rich. At 50-75bil, I might bite, but it is not very likely in a short term.
It will probably be a good buy at the end of the bear market of 2022-2023.

You think Stock market will go Bearish by the End of 2021?


I was mostly referring to bitcoin "winter" season and yes, it is likely to happen..maybe by the end of 2021, maybe a bit later.
No guarantees, of course.
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