Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5666. (Read 26608384 times)

Long list of famous people who died from Covid-19.

https://en.wikipedia.org/wiki/List_of_deaths_due_to_COVID-19

You mean one of the only nations in the world that didn't follow the NWO WHO recommendations?

In the UK up to January 2021 there were less than 200  Covid related deaths of under 50s who had no underlying condition registered.
(so 200 out of about 100,000 total UK Covid deaths at that point).

Really think vaccinating those under 50 (with no underlying conditions) shouldn't be promoted at all. If you want it, you can have it but we most certainly shouldn't be scaring people into some kind of requirement at those ages via vaccine passports. Vaccinating children against this seems completely ridiculous. After opening schools a month ago the infection rates didn't increase.

Enough of this carry on. They've vaccinated everyone above 50 and those with pre-conditions. I along with others celebrate the effort and speed but we should be moving on now without delay.

People are completely losing sight of risk of dying from anything else, which is also far more likely.

idk what that means but we've had a few over here in Sweden

No celebrity or politician (except those that came out against COVID) died from COVID.

Now they're dying from the vaccine. At least those that didn't fake getting the vaccine on camera.

CNN/MSNBC Legal Analyst, Midwin Charles, 47

I like the car, really. And you may well disagree that the tire is flat but when we're heading down the road and a fellow passenger asks what the thump-thump-thump-thump is coming from the back left wheel, I'm going to tell them what I believe to be the cause. If there was no thump-thump-thump-thump, there would be nothing to be said.

Chartbuddy is currently under contemplation.

I'd agree. I think that, barring contrary evidence, that is perfectly fine to consider as the seminal event in the price discovery for Bitcoin. I've always been wary of wanting to throw out data because it doesn't fit a narrative.

Hmmmm...

Well thanks for considering my statements to be pretty accurate, and surely in the end each of us has to come to our determinations regarding various kinds of strategies that we believe are going to work for us, and even though I am likely imposing some of my ideas and frameworks upon you, I am not trying to persuade you in terms of the need to use your own judgement regarding how you might end up playing your own particulars.



Well there are a few aspects in terms of your consideration of yourself as late.  One aspect is that traditionally/historically, it has taken normies (I am going to presume that you are a normie) 30 years or more to accumulate such a financial position that they are able to say fuck you, and sometimes they are not able to do that either because all they have are a few assets such as a house, pension and some kind of government income, and if you are able to cut that in half or 1/3 then you are doing quite well and if you are able to not necessarily rely upon those other assets (income sources) then you are additionally ahead.  So, I personally believe that you cannot rush your accumulation of a position, and sure maybe you could have leveraged anything that you had in 2017 and now feeling smug about it, but that would have likely had been foolish.

Another aspect of being late in terms of the asset itself.. king daddy.  Yeah nearly everyone believes that they are late due to previous price run ups, but the fact of the matter is that you are not even close to late, if you compare yourself to other normies.  Of course, in recent times, there are some rich folks and institutions that seem to be trying to front run nomries, but there does still seem to be quite a bit of space and time for normies, especially someone who got started as early as 2017 to be able to continue to accumulate decently in order to get a decent foundational stake in order to have good odds in terms of their financial (psychological too) future.


Well to me, it did seem that you were getting worried about how to time price swings, and I think that is a kind of problematic thinking, even if you believe that you are not doing it.  I personally believe that you should be trying to establish a system that accounts for what you believe that the BTC price might do, but not getting too hung up on it because whatever system that you end up employing should mostly be emphasizing DCA, buying on dips and HODL... and sure you can get more sophisticated than that, but you should be trying to keep in mind the basic before trying to create a more sophisticated system.. and sure the long that you are in the more you might be able to play around to make your system more sophisticated so long as you are not putting your principle at stake in how you might be attempting to play various angles that might come about and you might have sufficient vision or position to take advantage of such developments.


It should still help you to consider points in which you might start considering selling, and if you feel that your BTC stash is quite paltry, then you would still likely NOT be considering selling portions of it, even if it is 10x in profits.. for example, lets say that over the years you have been able to acquire 2 bitcoins and your average price per bitcoin is around $6k, and even though you are in the neighborhood of profits is 10x, you might have a target of $1million to $4 million before you feel that you are able to retire - depending on the state of inflation at the time that your stash gets to that value (and perhaps including other assets and investments that you might have).  So even though some of the ideas are likely going to be helpful, your particular circumstances will need to be accounted for in order to figure out how to employ some of the ideas of the SSS into your own system.. so even though you are currently assert that if you had started in 2013 blah blah blah (bullshit - don't be rushing it), the fact of the matter is that when 2027 comes along, through your persistence and foresight, you may well have been able to put yourself into a position at that time as someone who started in 2013 might be feeling at this time... yeah, everything is relative, but you should not be comparing yourself to others, but instead attempting to figure out how to create circumstances for yourself that is likely to put yourself into a great position within your timeline which may be 10 years from 2017 or it might be some other number, but I really doubt that it is helpful to be psychologically frustrating yourself by considering that you should have gotten in earlier and start to gamble based on that nonsense psychology when the fact of the matter is that someone who got into bitcoin in 2017 is going to be way the hell ahead of someone who is barely starting now and just hearing about bitcoin and having to figure out what the fuck bitcoin is and how to set up various accounts, and maybe just found the forum and are still having troubles distinguishing bitcoin from other various offerings that seem similar (at least to their newbie brain).  You have gotten nearly 4 years on the newbies just coming into the space, so don't go fucking it up by getting impatient and gambling rather than attempting to create prudent and reasonable strategies that are tailored to your own circumstances and tweaked from time to time based on your learnings and changes in circumstances.


 Part of the reason that I mention this is that I had done some variation of this.  I lived in a pretty expensive area and place, but instead of having the whole space to myself, I rented out portions which caused my rent to nearly be free, and of course, sometimes there can be headaches when dealing or living with others, but there are ways to deal with that too, and usually better when you are the one in charge.... even though being in charge can sometimes have disadvantages too.




 Women have different thinkenings some times, and surely would be a bit better to have some compromising going on there, but there are some pretty decently long term WO folks who are kind of balancing some of these matters too.. including some splurging that they rather not want to do, but the wifey insists.

You might have to have a bit more of a talk with your wifey.. and maybe you are not going to bring her around because you have already been there and attempted that many times..


More people do seem to be getting in so chances of meeting and knowing people in real life is seeming to be increasing, but still taking a decent amount of time.. which still is showing the early status of the whole thing.

I can confirm that.

In the beginning of 2017, my cousin invested $5k in various cryptocurrencies. Currently he is in profit. His cryptocurrency portfolio is worth around $15k. Not bad. That's a 200% gain over the course of just over 4 years. No bank could ever offer that. Cryptocurrencies are so good, aren't they?

Here's the fun part: had my cousin invested his $5k solely in Bitcoin (as I suggested to him, but he didn't listen to me, because "it's too expensive"), he would now be the owner of 5 BTC = $290k. That's a whopping 5700% gain over the same period as above.

@APompilano
BREAKING: @DanielSLoeb1 and Third Point have revealed that they are holding Bitcoin.

Third Point is a $17 billion hedge fund.

Bitcoin is inevitable.
https://twitter.com/apompliano/status/1380621049356824577?s=21


https://t.co/osOsfCtzSm





Pamp eet

Well you probably said something wrong somewhere else.  So there.   


 

My bbbbaaaaadddd.   


By the way, yeah.. $100million per coin would be 18x higher than $100 trillion market cap that I was talking about in my earlier attempt at a response..

So those are some pretty damned BIG numbers that should imply to a lot of people that bitcoin remains a very asymmetric bet to the upside - especially if you believe those kinds of numbers.. which they are not totally pie in the sky.. , and you do not need to put very much money into bitcoin (aka corns) in order to do quite well..

Many of those who even got into corns before the latest run up, and let's say have a few coins would be doing quite well at $5.5 million per coin and even MOAR weller with 18x that amount.  Hard to imagine those kinds of numbers, I must say, but surely not really that far out of reach in terms of even continuing with lesser extreme BTC price upruns, as I had already attempted to outline in my earlier attempt at a response.. and I surely am NOT ruling any of that out.. because what's another 18x between "friends", right? including that none of that what I said in my earlier post is really inconsistent with adding another 18x onto the target number.. except maybe it would take another cycle or so to get there.. perhaps? perhaps?

^ they are clearly 'oscillators' as woonomic calls them.

People are chasing because it is difficult to discipline oneself and buy something that is worth 58K vs 0.01 or whatever in between.
It is the same on the stock market: how many are buying BRK-A at 400000 or GOOGL and AMZN at $2-3K/share vs buying some much cheaper stonks?
In fact, there is one mutual fund (that performed quite well over the years, incidentally) that buys only stocks below $30 or something like that.
That table above is presenting a story that is not compete of course, but in general it is a correct one: don't buy a "portfolio" of alts instead of bitcoin.
You will lose in a long run.

I've made the same chart, but with BTC pairs instead of USD:



Quite difficult to recover from a -95% loss, even with a strong bull market.

Dammit, sad sad news.
Dark man X, one of the best...
R I P brother.

I'm putting us here in the bull run compared to past cycles (on-chain data supports this).

Double top theory: IMO #Bitcoin  is completing the first of the "double tops", and turns out an ascending triangle going sideways is all we get.

Volatility is visibly lower this cycle.


https://twitter.com/woonomic/status/1380546857097515008?s=21

Yes, would work for me.
Hopium on Saturdays.
Light up the green bar!!!

Assuming one survives the vaccination process...

The Eurovision song contest is live, that's why there is a conductor, among other things, (dressed as napoleon).

Get out of here:  "billions"  I mean, have I even typed a billion words in my whole lil selfie life?  I wonder?

You are so cringe I cannot even help my lil selfie in eyerollening uie puie.

 


 



I agree with you that the chart might be a bit random, but still it seems that BitcoinBunny reached the right conclusion, even if the data does not really support it very well.  On the other hand, the implication of your conclusion, kaicrypzen, seems to be that investing in shitcoins can be a good idea, especially if you happen to be "smart" about it...

yeah, right, you are smarter than the market.... How much are you investing into shitcoins as compared with bitcoin?  Hopefully you are not allocating too much into that shit that you have to continuously monitor for a potential exit scam or some other rug pulling baloney.

On a happier note, some serious science on the vaccine effectiveness: Quick summary, you get the vaccine you will not die of COVID and you can't really spread it.

https://www.bioserendipity.com/vaccine-effectiveness-against-severe-covid-19-and-transmission/