Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6113. (Read 26711566 times)

Your comment seems like a bit of an exaggeration to me, Biodom.  I have a whole hell of a lot more agency than you seem to be implying, and that agency comes with having a lot of profits.  Profits brings options, even if they might ONLY seem to be on paper.  In other words, I can make BIG ASS cashenings out if I want to at any time, there is liquidity for that and there are also several cashening out options, but I see no need to change what I am already doing and what I have been doing, which has been very very good to me (at least so far).  


By the way, are we expecting BTC prices to go below the 208-week moving average any time soon?  Currently, as I type this post, the 208-week moving average is at about $8,800 and it is moving up more than $100 per week.  I can surely live with that, and I feel that I can cash out any portion of BTC that I would like - and surely preferring that the BTC price is above the 208-week moving average, but I am also NOT limited by that either.  Options, Biodom, options.   Have you heard about such a thingie?

Economists are people too.

I mean, Paul Krugman even got a Nobel Prize in Economics and yet... said some pretty stupid shit.

Hacker News is the major Silicon Valley comment platform, and they're also pretty sceptical about bitcoin:
https://news.ycombinator.com/

You are pathetic, UnDerDoG81.

It's like you have not learned anything about bitcoin in more than 7 years.

Lot's of shitcoiners and nocoiners have gotten distracted by the same bullshit and enticed into gambling on supposed gains of various shitcoins rather than having a solid bitcoin plan.. and if you have a solid bitcoin plan, you don't have to worry if it goes up another 5% or not.. because you should already be in solid profits.

Focus, UnDerDoG81.


Focus ur lil selfie.  


Oh gawd....   Another example of your level of dumb, UnDerDoG81.


 

"We are here" alright, except the graph always rises, there's no peak and subsequent fall... Maybe take the integral of this, or something... and, can you imagine how much fiat the last 3 groups will have to pay to join in? This is a once-in-a-lifetime opportunity that few understand and fewer will take...

As for the Pompliano tweet, it reminded me of that brrrrr video:

https://youtu.be/GI7sBsBHdCk

good to see that i am not the only one having a hard time to cope with the epic&sheer magnificence of tectonic wealth shift of unprecedented magnitude.

i listened to the same podcast.

the bitcoin network consists not only of connected nodes and miners and wallets. the folks operating this stuff are also connected via social media, via forums, some even meet in rl. we not only have an ongoing cooperation between silicon valley billionaires, early adopting nerds, chinese miners, regular sat stackers from around the globe, sharp podcasters on every continent, ex silk road pundits, south american refugees of inflation, hobby miners in rural europe, nerds of all ages, wall street investors, retail investors, (etc, etc, etc, etc, etc & etc) - we have a strong and vibrant vocal network of individuals harvesting gains of unprecedented proportions, that are all taking up the hard work of singing the bitcoin gospel.


this is a strong network. the first digital global money network.


man, i need to sell chairs and stack more sats.

I would love riding Bitcoin to mainstream together.

when clicking on the link i also saw this:



i mean i agree, but for the owner of a crypto-exchange... this is a rather bold statement, isn´t it? 

When you get into an argument with an idiot on Twitter:

I'm probably late, but.. we did it ! 

OK... I gotta say something... Listening to a podcast and just heard the guest say:


I have always felt like owning bitcoin was basically a land grab.  So yeah... I love that part of the analogy.

But here is where he is still thinking too small:  New York is just the greatest city in what (30 years ago was) is the greatest country on Earth.  And yeah, that sounds  pretty awesome but it does NOT EVEN COME CLOSE to what Bitcoin is. 

That sort of opportunity came many times before the USA existed...  You could buy parts of downtown Paris in the 15th century.  Or London or Tokyo etc...  But wait?  You could not live in Paris from 1437 to today so what good would it do you?  Well some, I guess.  But by now your descendants would have snorted it up their noses.  Same with 1776 and NYC.  Lotta good owning that will do you in 2021.  I mean I am all for the long time preference.  But shit.  I want my great-great grandchildren to be well off.. but I also want a house in Hawaii before *I* die too.

Bitcoin is not limited to a single country.  And it is not just a city in the making.  It is THE new value NETWORK for the ENTIRE FUCKING GLOBE.  It is buying real estate in ALL the big modern cities AND all the town squares in every little village, town, hamlet, and shire AT THE SAME TIME. 

This kind of change in human history has happened EXACTLY ZERO times. There is nothing to compare it to.

And it is technology. So, it happens at the speed of light. Not only can you complete the purchase instantly... but the appreciation is going to happen at a pace the WORLD HAS NEVER SEEN BEFORE.

... and we are only at the very, very, VERY VERY beginning of it.

I know there are many folks here... Some have  thousands of Bitcoin, even tens of thousands.  Some have hundreds... Some tens.  And some still, are struggling to get to one whole corn.

Guess what?

It doesn't fucking matter. 

IF you are here.  AND you own bitcoin... Speaking from outside the bounds of immediate time.

YOU. ARE. ALREADY. RICH. AS. FUCK.

Buying Manhattan land in 1776.  Lol.  Bush league.

Then who would we have to point and laugh at?

https://twitter.com/polina_marinova/status/1360007205114765316?s=20

lol

Point...

20K is history now. Our grand children will discuss with their friends  that they would have been very lucky if they had bought BTC at that Low price.

Fired up a browser on a computer I haven't used for a few months and checked bitstamp's price on bitcoinwisdom.io. Computer chirped and screamed at me and I realized I had set a high alert on it.

$20,000. Remember when we all wondered if Bitcoin would ever break 20k? Ah those carefree days of like a few months ago.....

Exactly.

Same can be said for Instagram, Facebook, Reddit, Youtube, etc.

Bitcoin ATHs everywhere!

40k € / BTC [Kraken]

We did it!

Onwards to 50k ($, and € soon after).