Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6029. (Read 26712433 times)

Good advice, thanks. I'm a Canon guy. Very old, but fully working body (20D) and a few lenses. Will check out the EOS-M. Had the feeling that Canon somehow started lagging behind other brands in recent years, but haven't been following the very latest models. Hopefully it has caught up.

Edit:


Not necessarily. I will consider both APS-C and full-frame. There are some fine APS-C cameras out there. I'm liking the Fujifilm X-T4.

are Laser Eyes the new Grillz?  

Yeah, i used to put straight orders like $54.500 (as originally planned), this is the first "funny order"  
Have i mentioned the Canon EOS-M already? You can convert all of the Canon EF/s and EF lenses to it, on the downside it has a small body, just more uncomfy to shoot for longer times. I'd like to see a polyurethane body kit on the market or some extra grip that enlargens the body of this thing. A steadycam grip would be too much, i guess. Maybe Novoflex offers some compromise?


Just saw that you want a full-frame   
Always choose the body by the lenses you (want to) have.

I like the .321 part (also couples nicely with the 54). I used to put orders like this back in 2016. You could spot them easily in the order tables. I even used .314 and other important numbers like that.

No more orders for me now. In 100% HoDL mode, and soon (possible when we exceed $100k) switching to "dream-fulfillment" mode. One dream at a time. One of the first dreams will be a good mirrorless APS-C/full-frame camera and a couple of good lenses.

this DeFi stuff will not age well. in my eyes it's DIY Goldman Sachs. few earn money big from the many which will pay for it.

please explain the Business Plan and let all the fancy technology stuff behind. and then we can decide if it is Scam or not. don't let the technology be your religion. for every solution there must be an issue in existence. otherwise you will fight an issue with the wrong solution.

looks like going down a bit.
buy order set at $54.321.
I don't know, but somehow i don't want it to get filled this time.

Not your keys, not your Bitcoin

Exactly. This perfectly links to one of my earlier posts, in which I claimed that many "Bitcoin supporters" here in WO, and elsewhere, are fiat supporters in reality. They don't understand or care about the qualities of Bitcoin and its deeper purpose. All they really care about is milking it for fiat profit, by using the very tools and schemes (read fractional reserve lending) that Bitcoin is trying to kill (and it's winning). Greed is the main driving force in all this. It saddens me to see that many of the enemies of Bitcoin come from within its user base.

Not to worry though. Bitcoin has been designed to withstand such actions. Everyone is welcome to try anything. There are no restrictions. And everyone will face the consequences of their actions. It will be brutal.

+1 in Merit Queue.

The storing of coins on third party platforms is too risky in my book.
Many of us here remember what happened at Mt.Gox and other shady platforms.
The model of obtaining interest on your BTC is unsustainable in a world where bitcoin has a finite supply.
Think about it, if everyone held all the coins in existence where are the new coins coming from to pay the interest?
The only way this works is if a form of fractional reserve lending takes place and then we are in the same boat we are scrambling to get out of.
Furthermore, these platforms go on to provide ammunition for shorters.
I think that there comes a point when people become too greedy. Why risk your precious BTC which is growing in value at an astronomical rate, for a measly single digit APR?

Good Morning BTCLand ... We saw a decline this night. But I got this explained. We went basically back to the rate of friday from the CME, also F2Pool thrown out 3600 BTC again. So hopefully they are for now out of money and we are back on Track to the 59k (maybe).
So Michael can start his "buy bot" for $2k every Second muhahaha

Bitcoin's fast train is unstoppable....miss the dip "lol"

amazing ^f*cking Legend hat....legend with the laser....oohh shitt that awesome

+1 in Merit Queue.

Nexo (i mentioned it here) pays 5% interest per year on your BTC.

Thank you for saving me the time to write a response.

I can't believe people are so greedy that holding BTC is not enough for them. It's not hard folks - buy and hold.  That's it! No need to overcomplicate it.

https://blog.bitmex.com/how-to-arbitrage-bitcoin-futures-vs-spot/

Mr. Hayes's blog is, as I said, an excellent source of technical info.

The rope provided there might turn into a tool to hang oneself, or into a lifeline for conversion of excess corn/fiat into income without selling.

The rule "no risk, no profit" remains solid IMHO. However, not all risks are equal, and being able to quantify risk is a precious, if difficult to acquire, skill.

I think explaining anything to you is not a good use of my time, however, that is an investment that you might be more interested in as it is perfectly suited to those who hold fiat, rather than bitcoin, and don't want to expose themselves to the risk of capital gains or losses.

Well for one, you're preaching to Not Your Keys, Not Your Coins crowd here. Sure if you want to play with 1% of your stash go ahead, just don't try to claim (or fool yourself into thinking) that making 40x the return of BlockFi is somehow low risk, just because you don't see the risk doesn't mean it's not there.


Now 20% with no risks and a perfect hedge? ELI5

you guys are just salty because i got the cyklops mother of all laser eyes since the beginning of my hat career. 

I 'suspect' that 'everything' is going to correct once people see the reality of the hole that Trump/the pandemic and the economic issues have caused...

thus I see a 30% correction in frigging everything BTC/crypto/stocks/property you name it. Reality sucks and people will have to come to terms with such.

MY GUESS is BTC will correct 30% or more..and just sit around $30 to $40k in the next 3 years till the next halving and then repeat the cycle as in the past

of going 'ape sh*t' FOMO 5x or more around the next halving..that is my 'worst' case....assuming adoption is where I figure this all and the obvious reasons

to get crypto in these times. I suspect that if I'm wrong, I'm really, really wrong and BTC will go to over $100k as a haven for the exact same reasons

I said everything above was gonna tank. But, we've seen this FOMO before with BTC big highs then retreat a few years...next halving comes along and repeats.

Anyway, my expectations are past patterns...my HOPE is that it blows the doors-off the rest of the economy as my 'supposed' 30% correction above guess

indicates. Man, BTC is like 'angry' sex..when it is good it is really good...when it is 'bad' well it is nothing to walk away from either.

Good thing I a 'stubborn' asshole....sh*t sure got real from the like $9,300 BTC price of July 2020! Sheesh! Anyway, above is how I'm 'trying' to

manage my expectations...probably futile..but sh*t to do.

Brad

you are right and i merited your answer.
 
in the long run the entire lending and borrowing of bitcoin/bitcoin as collateral landscape will mature and solid and reliable companies will evolve. lending and borrowing is finance. there will be ways found for the best/hardest money ever created to be part of this without risking them. this will be the final nail in the fiat coffin.

hodlers will just not need to ever sell the most pristine collateral ever existed.

hodlers will earn interest owning the best money ever existed.

 all of that without risking keys!

in a few yers from now, selling bitcoin will be a rare event. the protocol will ossify. and so will hodler stashes.