Good morning WO. Oh snap did we touch 50k? 
Not yet, today might be the day
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6088. (Read 26712846 times)
February 16, 2021, 05:35:54 AM
Not yet, today might be the day
February 16, 2021, 05:30:32 AM
Good morning WO. Oh snap did we touch 50k?
February 16, 2021, 05:30:32 AM
Sweden might have reached herd immunity.
https://sebastianrushworth.com/2021/01/25/heres-a-graph-they-dont-want-you-to-see/?subscribe=success#blog_subscription-17
https://sebastianrushworth.com/2021/01/25/heres-a-graph-they-dont-want-you-to-see/?subscribe=success#blog_subscription-17
February 16, 2021, 05:29:49 AM
Always make sure your house has a fireplace. Friend in Texas is -3 temps and no power. A miserable heat pump won't do squat in that case.
Smart trick from UK grandma on how to use a fireplace:
February 16, 2021, 05:22:15 AM
So sick of this development shit. Developing used to be fun until you had to work with 100 different systems. My job these days basically consists of chasing access details or gaining permissions to something and 1% coding.
Someone else can do that in my place by 2026.
Understandable
February 16, 2021, 05:20:12 AM
So sick of this development shit. Developing used to be fun until you had to work with 100 different systems. My job these days basically consists of chasing access details or gaining permissions to something and 1% coding.
Someone else can do that in my place by 2026.
February 16, 2021, 05:20:06 AM
I'm not really sure if "taking profits" in fiat can really be considered correct phraseology any longer.
I don't think you guys are getting just how far gone the current fiat banking systems are. It's like saying taking profits in Zimbabwe dollars, or taking profits in Venezuelan bolivars, argentine pesos ... at some point it's nonsensical to talk about taking profits if you're buying a higher risk devaluing asset
I don't think you guys are getting just how far gone the current fiat banking systems are. It's like saying taking profits in Zimbabwe dollars, or taking profits in Venezuelan bolivars, argentine pesos ... at some point it's nonsensical to talk about taking profits if you're buying a higher risk devaluing asset
New poll!
Old Poll:
Old Poll:
not completely true, taking some FIAT profits can if the purpose to re invest in something is the reason.
Like some who are fully exposed to BTC and just want some out as of reward and buy some land or housing or old timer car or watch or whatever what makes you happy ... Thats taking profit as well, or some holiday expenses, we have to life live as well before it's too late.
Just some wealth out to start doing different things isn't the worse imho.
It also isn't the meaning of sitting on a stack of corn until its time to crawl in the coffin if you know what I mean.
February 16, 2021, 05:16:12 AM
I’ve been in the game for long enough that I will take some profits. This is to be well off no matter what Bitcoin does. Majority will remain in the HODL for the next cycle...
I think its the same like with most price appreciations....
A lot of bitcoiners will sell and miss out on the bigger picture by buying in at 10-20-30k this cycle and sell at 40-50-55-60k
its always been like this and along with all those sellers are strong hands which group increases as well and in every cycle there are new strong hands who join us
I don't say that for example if you invested that of the 100% invested there isn't room for selling, cause there is, just be very rational and don't sell to much. The FIAT ain't worth it and the old BTC which sold will not be cheap anymore.
Also people who have BTC income, its normal to HODL a partial and sell some to maintain life of-course...
February 16, 2021, 05:14:23 AM
I'm not really sure if "taking profits" in fiat can really be considered correct phraseology any longer.
I don't think you guys are getting just how far gone the current fiat banking systems are. It's like saying taking profits in Zimbabwe dollars, or taking profits in Venezuelan bolivars, argentine pesos ... at some point it's nonsensical to talk about taking profits if you're buying a higher risk devaluing asset
I don't think you guys are getting just how far gone the current fiat banking systems are. It's like saying taking profits in Zimbabwe dollars, or taking profits in Venezuelan bolivars, argentine pesos ... at some point it's nonsensical to talk about taking profits if you're buying a higher risk devaluing asset
New poll!
Old Poll:
Old Poll:
February 16, 2021, 04:48:59 AM
I’ve been in the game for long enough that I will take some profits. This is to be well off no matter what Bitcoin does. Majority will remain in the HODL for the next cycle...
February 16, 2021, 04:17:37 AM
Elon & Saylor selling under 50K (taking nice profit) to make sure all their buddies have the time to jump aboard?
February 16, 2021, 04:15:24 AM
{...snip...}
I hope there is one last push over $50k. But I would not be surprised if we reached the top for this cycle.
I hope there is one last push over $50k. But I would not be surprised if we reached the top for this cycle.
Elwar, bro, what are you smoking?
We’re still early in this bull cycle, I’d estimate that the price will treble from here.
I certainly hope so. I did the sale years ago so as they say...don't let emotions play a role in your trades. It's certainly not a significant amount, but so many of the charts put us exactly where we are today years ago ($50-$60k range).
Which is awesome because the charts looking into the next 4 years are pretty amazing.
But we all know the other signs that we need to keep in mind...how many old friends that you haven't talked to in years are contacting you asking about some random shitcoin? How many people talking about $100k-$200k prices "soon".
I do believe that in the next few years we will never need to sell again. We'll just be using our bitcoin.
This is very interesting. Someone (prolly El Dude?) posted here some news about some prominent hodler and bitcoin believer selling at $48-49k. What is happening now? Old boys losing faith? Of course we risk a lot. I haven't sold anything since 2011. In case the price goes down now, I am screwed: I'm sentenced to another 4 years (at least) without Lambos, hookers & blow.
Still I don't consider selling. Why? The cycle is not yet over. We barely touched all the previous blowoff tops and went down immediately which is not something we can witness at $50k mark. So we're probably waiting for a violent multi $10k pump followed by immediate heavy dump? I dunno but I have a gut feeling we (royal we of course) shouldn't sell now. 
February 16, 2021, 04:00:51 AM
That's my average predicted price as well: ($80k+$240k)/2=$160k
Maths n science!
February 16, 2021, 03:45:35 AM
Fiat assets seem more risky that fiat, the stock market in particular.
... you're confused, "fiat assets" are those monetary debt notes issued by central banks and backed up governmental fiat decree, e.g. US Fed. Res. debt promissory notes, Euros, Yen, Pounds "sterling", Yuan, AUD, NZD and on and on ... actually it's questionable whether they are actually assets but rather classed as liabilities since they are issued as debts against society
... fiat-denominated assets like stocks, bonds, commodities, property can be anything you want to value in fiat (a risky idea now)
... you can denominate any asset in any other asset, just because stocks are now somehow linked to the central bank fiats, inside their prison-casino financial pyramid schemes, does not mean those asset are forever beholden to fiat ... this is the mind-prison part of the fiat deception
... eventually many assets will be denominated in BTC, MegaWatts for BTC, oil for BTC, Gold for BTC, houses for BTC, Teslas for BTC (wait already have it), Booty for BTC, food for BTC, you get the picture.
... shake your head out of the fiat mind-prison
Eventually maybe but we're not there yet. People have a 500000$ house not a 10BTC one. And having sold BTC to buy it would not necessarily have been a good move either. But you're right, I was talking about the stock market (bonds, to some extant too), so assets denominated in fiat. If you own a good company and bought before the bubble it's still OK to own some mind you, if you can take the eventual bursting of the bubble, after all there is still value there. If you hold Tesla bought at current prices, though...
February 16, 2021, 03:41:25 AM
I really need the lockdownz to stop:
Where are you located? Lots of places lockdown isn't much of an issue at the moment. I'd be planning a long vacation in Florida if it was stressing me out. Fortunately, it's not too bad here (though we're in the middle of an ice storm right now).
I live in a place where people like to take their holidays.
This means that we have to be extra good boys n girls now, so it's safe for you to come back again later.
Extra safe = extra locked down - brought to you by - our extra cuck PM.
And OK, with bars and restaurants still closed, I can handle it.
But for the love of gawd, closing down brothels and limiting escort services - is a step too far, and the people responsible should burn in hell for it.
February 16, 2021, 03:00:07 AM
If there's anything to this notion to quadruple tops/quadruple bottoms, I suppose we will know soon.
Yes, there is and it’s called humans.
I’ve been smacked on the head by Bitcoin so many times that I have learned to ignore the most obvious TA signals. Honey Badger simply doesn’t care.
Yes, I can be bearish as well. No, not selling a Bitcoin for such prediction. Got hurt too many times.
February 16, 2021, 02:41:01 AM
Good Morning BTCLand... Saw a nice pump this night (I better don't write massive here, because that triggers some people here.) New ATH* in Euro and Dollar and we are back on track to 50k. On stamp are currently round about 300 160 corns between us and 50k. Because of lag of fiat I could bought any Dip. 15 days until the next invoices are paid by customers, but the next month is tax month in Germany - every 3 month for companies you have to pay upfront your taxes. So sadly corn in march for me.
*I know nobody cares about a new ATH as long it is under 50k.
But I looked and I bought only in Feburary 39 times the dip
I know, you can not have enough coins, but taxes must be paid!
*I know nobody cares about a new ATH as long it is under 50k.
But I looked and I bought only in Feburary 39 times the dip
I know, you can not have enough coins, but taxes must be paid! 
February 16, 2021, 02:14:13 AM
Bitcoin behaves like it is stuck in a rut
Sometimes the old memes are the best.
February 16, 2021, 01:47:03 AM
Regarding the Antonopoulous example, I am not sure about your reference. Are you talking about him having had failed and refused to save bitcoin because he was spending it all the time, or are you talking about some other example, because the failure and refusal to save bitcoin seems to be an issue that is not related, unless you want to describe the connection that you are suggesting to exist.
That is indeed the example. Not directly relevant but included only as an example of a Bitcoin strategy that is quite clearly wrong.
Quote
surely you, Richy_T might well assign higher values to such going to zero scenarios
You would be surprised. I think it highly unlikely. The fork was a special situation where if BCH had attained dominance, I would have considered it the continuation of Bitcoin and thus all would have been well but even if that were the case, I don't think BTC would have gone to zero, certainly not in a hurry and certainly not too quickly for anyone paying attention to make an exit (though not a big issue due to the nature of the fork). Though that's pretty much water under the bridge for now, I think.
The real risk would be a technological threat to the protocol. I consider that highly unlikely. Although there have been some suggestions that the algorithms used may have some deliberate weaknesses, I don't put a huge amount of stock in them. What I do try to bear in mind is that there is always the possibility that I am wrong about this or that. If it's possible to protect against being wrong with little cost, it seems worthwhile to do so. Overconfidence is a trap for the unwary. Doors and corners (for those familiar with The Expanse).
February 16, 2021, 01:24:22 AM
Was anyone here on the mtgox IRC channel, long ago? I'd have to dig to even recall it's name accurately. It had a bot that you could query for orders, info, etc.
I always logged everything on IRC locally, I probably still have lots of it. I have lots of IRC logs.
EDIT: Ah, here's some old info. https://en.bitcoin.it/wiki/MtGox/IRC_mtgox
I always logged everything on IRC locally, I probably still have lots of it. I have lots of IRC logs.
EDIT: Ah, here's some old info. https://en.bitcoin.it/wiki/MtGox/IRC_mtgox
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