Guess 50K is such a psychological barrier, it will take a bit of pumping time to fully leave that behind.
Plenty of people happy to sell at 50K. 100K will be a huge test when it comes.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6009. (Read 26713039 times)
February 24, 2021, 10:03:18 AM
I was wrong, we are pretty much seeing that bottom again. Not that it is such a bad bottom.
Guess 50K is such a psychological barrier, it will take a bit of pumping time to fully leave that behind.
Plenty of people happy to sell at 50K. 100K will be a huge test when it comes.
Guess 50K is such a psychological barrier, it will take a bit of pumping time to fully leave that behind.
Plenty of people happy to sell at 50K. 100K will be a huge test when it comes.
February 24, 2021, 10:00:24 AM
It does have utility though: You can snort blow through a $100 bill off a hooker's ass.
February 24, 2021, 09:58:45 AM
February 24, 2021, 09:57:11 AM
February 24, 2021, 09:56:44 AM
Meantime we seem to be stuck at or around $50k. God this being poor is hard.
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
February 24, 2021, 09:55:35 AM
Average Price is $23,985. How much profit they are counting now!!
There's no profit unless you sell and Saylor ain't sellin'.
He understands.
So someone who uses a minimum of 1% of his sense will never sell anymore.
February 24, 2021, 09:51:27 AM
Average Price is $23,985. How much profit they are counting now!!
easy math. roughly 100% profit on paper.
February 24, 2021, 09:49:12 AM
Average Price is $23,985. How much profit they are counting now!!
There's no profit unless you sell and Saylor ain't sellin'.
He understands.
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
February 24, 2021, 09:41:21 AM
Average Price is $23,985. How much profit they are counting now!!
February 24, 2021, 09:30:39 AM
If it makes your life complete and comfortable and like how its pleases you then you achieved something that I think 90% or more will never achieve....
Many are maybe wealthy and saying I do X when X happens and so on ... but when it finally happens is greed having the best of them and they want more, many can never be happy cause they always wants more, I have decided for my self what I want how I wanna live and so on and so on... when I meet my goals I will not back down to much and make sure I do what I want, I already know I'm not gonna be the wealthiest man alive or whatever and I know that more and more wealth shouldn't be the goal.... Figuring out what one wants is maybe the most when one is gaining more wealth as he ever had thought before, goals are changing life opportunities are changing and so on, but important is to have some and when its there to appreciate them
That with some corn stash on the side
Many are maybe wealthy and saying I do X when X happens and so on ... but when it finally happens is greed having the best of them and they want more, many can never be happy cause they always wants more, I have decided for my self what I want how I wanna live and so on and so on... when I meet my goals I will not back down to much and make sure I do what I want, I already know I'm not gonna be the wealthiest man alive or whatever and I know that more and more wealth shouldn't be the goal.... Figuring out what one wants is maybe the most when one is gaining more wealth as he ever had thought before, goals are changing life opportunities are changing and so on, but important is to have some and when its there to appreciate them
That with some corn stash on the side
You know, this forum is surprisingly good for thoughts on how to handle a fuckton of new wealth. Without it I'd probably be rolling around naked in a room full of $100 bills or something.....
Not that the above is a bad thing, but it would require me to cash in the coins and that would be a bad idea. Better idea is to think about what makes you happy, what you may have always wanted, and not to let what you want grow into some weird next level of a "boat for my boat!" sort of thing.
Interesting stuff.
February 24, 2021, 09:13:10 AM
Well, as I said it's best to have fiat (shitcoin) for this one. Which is why I won't do it. But, basically you buy however many BTC on the spot for current price of 55000. At the exact same time you sell a future, perhaps Sep 26th for this example, for the same number of BTC at a current price of 62700. profit equals 7,700 minus fees per coin
This can be done using CBOE and CME as well as many others, perhaps less reputable exchanges.
The risk for this trade is couter-party only and of course opportunity cost (there is no possiblity of capital gains or losses). Not your keys not your coins. Thing is it's all about levels of risk and what you are comfortable with in the end as well as your goals. Just remember nothing is risk free. Even holding your own keys is not risk free, there are roughly 4million inaccessible coins to prove that.
*Above prices are taken from Deribit.
How does this work exactly? I would love a bit more ELI5.This can be done using CBOE and CME as well as many others, perhaps less reputable exchanges.
The risk for this trade is couter-party only and of course opportunity cost (there is no possiblity of capital gains or losses). Not your keys not your coins. Thing is it's all about levels of risk and what you are comfortable with in the end as well as your goals. Just remember nothing is risk free. Even holding your own keys is not risk free, there are roughly 4million inaccessible coins to prove that.
*Above prices are taken from Deribit.
I posted a link earlier, here it is again.
https://blog.bitmex.com/how-to-arbitrage-bitcoin-futures-vs-spot/
The WO sometimes must be combed thoroughly, but it usually does deliver good info - be it bitcoin or digital cameras.
Or you're just halftrolling and... username checks out?
This thread. Wall Observer...
February 24, 2021, 09:11:46 AM
Well, as I said it's best to have fiat (shitcoin) for this one. Which is why I won't do it. But, basically you buy however many BTC on the spot for current price of 55000. At the exact same time you sell a future, perhaps Sep 26th for this example, for the same number of BTC at a current price of 62700. profit equals 7,700 minus fees per coin
This can be done using CBOE and CME as well as many others, perhaps less reputable exchanges.
The risk for this trade is couter-party only and of course opportunity cost (there is no possiblity of capital gains or losses). Not your keys not your coins. Thing is it's all about levels of risk and what you are comfortable with in the end as well as your goals. Just remember nothing is risk free. Even holding your own keys is not risk free, there are roughly 4million inaccessible coins to prove that.
*Above prices are taken from Deribit.
How does this work exactly? I would love a bit more ELI5.This can be done using CBOE and CME as well as many others, perhaps less reputable exchanges.
The risk for this trade is couter-party only and of course opportunity cost (there is no possiblity of capital gains or losses). Not your keys not your coins. Thing is it's all about levels of risk and what you are comfortable with in the end as well as your goals. Just remember nothing is risk free. Even holding your own keys is not risk free, there are roughly 4million inaccessible coins to prove that.
*Above prices are taken from Deribit.
I posted a link earlier, here it is again.
https://blog.bitmex.com/how-to-arbitrage-bitcoin-futures-vs-spot/
The WO sometimes must be combed thoroughly, but it usually does deliver good info - be it bitcoin or digital cameras.
Or you're just halftrolling and... username checks out?
February 24, 2021, 09:05:01 AM
Legendary is like Laser Eyes the opposite of SUTR which NOT must mean HFSP.
February 24, 2021, 08:55:50 AM
Gratz fillippone!! You had to wait quite a bit. Activity is a bitch
February 24, 2021, 08:52:45 AM
Calling him dangerously insane because he argues for synthetic beef isn't a great starter. Producing beef is incredibly wasteful, not to mention you have to butcher an animal.
I'm a proud carnivore, yet I would gladly switch to synthetic meat when it is similar in taste and cost. There's simply no reason not to.
Agreed. I see no extra value in the death and suffering of an animal, and would appreciate synth meat if it tasted like the real thing.
I have zero issue eating correctly replicated meats.
Same here. I am fine with it, if the meat doesn't grow on a living thing like a cow or a pig as long as it tasts the same. Why not.
yeah, but would it be a 5% or 27% fat "meat". If 27%, count me out
, unless it is wagu.Kidding aside, I doubt that we will get there on cost, but it allows for exotic meats, of course.
Secondly, few years later people would not remember how "real" meat tastes. Perhaps, real meat would become a luxury item.
February 24, 2021, 08:45:00 AM
Can someone explain how this works? We have someone stating above that there are less than 1000 BTC to go for 500K per coin and another that Michael Saylor bought another 20,000 BTC at 52K yet the price dipped a bit.
They buy into sh!tcoins with USD, then they dump sh!tcoins for BTC, then dump BTC for USD for the dip and profit. Also they can declare to the IRS a loss on their bitcoin if they dip.
Also they might probably buy bitcoin at a later date when they pass over the date that they need to declare paperwork sh!t.
second option is OTC. even some exchanges have OTC trading for large investors. I could imagine Miners will sell freshly minted coins for a premium to this exchanges for the OTC trading. so the investors are save for any future development.
third options is buy any dip you can get like Bob demonstrated some time. split the amount you plan to buy via an Algo in many small Limit buy orders designed by a stair formation and wait for the market to crash like on Sunday/Monday. then just wait until you run out of FIAT.
EDIT: so this means we can expect after every crash in the next time some of the big boys will come out of their caves and will announce they just bought to make sure the plebs hear it and buy more so the big boys do not run out of FIAT for their next attack. you choose on which side you will stay.
February 24, 2021, 08:42:58 AM
Good Morning BTCLand, Currently on 49800k. We retake the 50k this night and went up around to 51500k. Now we have a little decline for 3.5h. Let'S see what the day bring and hopefully my fellow europeans will buy the shit out of our corn
Btw finally started to listen to "The Bitcorn Standard"... I was bullish ... and I am even more bullish ... So have a nice day.
Btw finally started to listen to "The Bitcorn Standard"... I was bullish ... and I am even more bullish ... So have a nice day.
Listening? Not reading it?
There is a podcast, The Bitcoin Standard Podcast, with Saifedeen as the host.
https://saifedean.com/podcast/
35 is about someone in North Korea
34 is the latest with Michael Saylor,
33 is about stock to flow.
The website is clunky, but it's available on Spotify if you have access to that.
February 24, 2021, 08:42:37 AM
Can someone explain how this works? We have someone stating above that there are less than 1000 BTC to go for 500K per coin and another that Michael Saylor bought another 20,000 BTC at 52K yet the price dipped a bit.
They buy into sh!tcoins with USD, then they dump sh!tcoins for BTC, then dump BTC for USD for the dip and profit. Also they can declare to the IRS a loss on their bitcoin if they dip.
Also they might probably buy bitcoin at a later date when they pass over the date that they need to declare paperwork sh!t.
Thanks
February 24, 2021, 08:41:14 AM
Can someone explain how this works? We have someone stating above that there are less than 1000 BTC to go for 500K per coin and another that Michael Saylor bought another 20,000 BTC at 52K yet the price dipped a bit.
They buy into sh!tcoins with USD, then they dump sh!tcoins for BTC, then dump BTC for USD for the dip and profit. Also they can declare to the IRS a loss on their bitcoin if they dip.
Also they might probably buy bitcoin at a later date when they pass over the date that they need to declare paperwork sh!t.
February 24, 2021, 08:39:19 AM
Only 994BTC left to 500K. In a few months Elon will tweet again "In retrospect, it was inevitable".
Micheal Bought the dip!
https://twitter.com/michael_saylor/status/1364561973363490817?s=21
Another 19,000 Bitcoin in the MSTR treasury!
EDIT: WOW! Looks who's Legendary now!
https://twitter.com/michael_saylor/status/1364561973363490817?s=21
Another 19,000 Bitcoin in the MSTR treasury!
EDIT: WOW! Looks who's Legendary now!
Can someone explain how this works? We have someone stating above that there are less than 1000 BTC to go for 500K per coin and another that Michael Saylor bought another 20,000 BTC at 52K yet the price dipped a bit.
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