we haven't even reached the 2021 ATH when corrected for inflation. plenty of upside left
we even don't have weekly candle above previous ATH.. maybe need some correction/consolidations before really pass it.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 623. (Read 26468289 times)
March 17, 2024, 04:59:51 AM
we even don't have weekly candle above previous ATH.. maybe need some correction/consolidations before really pass it.
March 17, 2024, 04:36:28 AM
Buy Bitcoin and Wait.
March 17, 2024, 04:01:15 AM
March 17, 2024, 03:28:26 AM
. March 17, 2024, 03:15:14 AM
The index is still showing levels at "extreme greed", can we expect a reversal to $70,000 in the next few days?
I think we migbt see <$60k before we see $70k.
March 17, 2024, 03:03:23 AM
March 17, 2024, 02:44:36 AM
The index is still showing levels at "extreme greed", can we expect a reversal to $70,000 in the next few days?
March 17, 2024, 02:01:19 AM
March 17, 2024, 01:27:11 AM
[...]
NO problema. Buy them back.
It takes a while to get used to selling BTC, but when you are multitudes or even magnitudes in profits, and also if you have gotten to a status that you know that you have accumulated enough (and/or more than enough), then it becomes easier and easier to shave some off here and there at various points... and if you sell a small enough amount you realize that you still have plenty.
Saylor should be in the same camp as me... but he is not.
something is wrong with him.
You don't need to be like Saylor.. at some point, you have enough BTC.. and you can start to shave some off.
Don't get me wrong. From what I have come to understand, it is not like Saylor is living any kind of deprived life materially, so yeah, he seems to have plenty of resources to just live.. so he seems to be making some other kind of a point by wanting to gather as many coins as he can.
But normies like us (royal perhaps?) should not necessarily need to live like that.
At some point we have enough and we have more than enough.. and there should be no problem to set some free.. and to let someone else buy them..and get involved in dee cornz.
[...]
What it means to be a HoDLer:
A couple of days ago I sold some fraction of BTC for $900 (unintentionally caught the top!) just for fun, to test a new overseas bank account for future fiat money transfers. Everything went smoothly, got my $900, but then it dawned on me that I actually lost 0.0123 BTC! Still feel bad about it...
Never again! Buy when you can, sell when you absolutely must!
HoDL.
A couple of days ago I sold some fraction of BTC for $900 (unintentionally caught the top!) just for fun, to test a new overseas bank account for future fiat money transfers. Everything went smoothly, got my $900, but then it dawned on me that I actually lost 0.0123 BTC! Still feel bad about it...
Never again! Buy when you can, sell when you absolutely must!
HoDL.
NO problema. Buy them back.
It takes a while to get used to selling BTC, but when you are multitudes or even magnitudes in profits, and also if you have gotten to a status that you know that you have accumulated enough (and/or more than enough), then it becomes easier and easier to shave some off here and there at various points... and if you sell a small enough amount you realize that you still have plenty.
Saylor should be in the same camp as me... but he is not.
something is wrong with him.
You don't need to be like Saylor.. at some point, you have enough BTC.. and you can start to shave some off.
Don't get me wrong. From what I have come to understand, it is not like Saylor is living any kind of deprived life materially, so yeah, he seems to have plenty of resources to just live.. so he seems to be making some other kind of a point by wanting to gather as many coins as he can.
But normies like us (royal perhaps?) should not necessarily need to live like that.
At some point we have enough and we have more than enough.. and there should be no problem to set some free.. and to let someone else buy them..and get involved in dee cornz.
[...]
I agree with what you're saying, and you are describing my situation quite accurately. The thing is, I have reached a stage where I have enough BTC (even though the amount may be considered quite low for many WOers' standards) that I don't feel I need to buy more, and I also have enough fiat to use for everyday expenses and to sustain a good lifestyle. And new fiat keeps coming in every month. So, why should I shave off from my BTC stash? Yet, I still feel a psychological need to shave off small amounts (a few thousand dollars every now and then), just to enjoy using them for the fun of it. Buying things, traveling, doing fun stuff. And yes, I do feel I still have plenty left, even to the point of not being able to live long enough to really spend them all. It's a strange feeling actually, when you consider that I don't generally have the need to buy luxury stuff. I drive a Toyota and really love it. I would not go near a Ferrari or Lambo, even if you gifted it to me. Having said that, there are many very expensive things that I'd like to own, that would not appeal to most people.
I don't think there's anything wrong with Saylor. His material needs are satisfied many lifetimes over, with his fiat inflows. His Bitcoin stash may be serving a higher purpose for him. Perhaps, he envisions a time when Bitcoin will give him absolute control and dominance over things that go beyond personal material needs. Come to think of it, this last part doesn't sound very healthy to me, but being a multi-billionaire, and fueled by the very realistic, even near-certain prospect of Bitcoin's multi-magnitude price appreciation, can elevate one's grandiosity to extreme levels. So, maybe you're right in that there is something "wrong" with him. He seems very likable when he talks, and it's fun to read about his BTC purchases. Those laser eyes... Looking forward to putting mine back on when price surpasses $100k.
BTW, my take on "we" is that, deep down, it's always royal...
March 17, 2024, 01:18:31 AM
It's fun to see the bears come out on the weekend and try to be cute only to go back in hiding come Monday. Pathetic.
I don’t think the bears came out as much as Saylor’s billion dollar buy sent it upwards previously. I fear he may have already made his $500,000,000 buy as well since he did his last one over the weekend. Monday could be a bloodbath as a result, but it’s probably important to get BTC out of the weak hands that purchased just for quick gains because it was rising.
March 17, 2024, 01:10:20 AM
It's fun to see the bears come out on the weekend and try to be cute only to go back in hiding come Monday. Pathetic.
At
https://www.youtube.com/watch?v=dZANKFxrcKU
March 17, 2024, 01:01:16 AM
March 17, 2024, 12:21:04 AM
Too much ChartBuddy...
Too quiet in these here parts.
Calm before next pump?
#presundayhaiku
This correction is very much expected. I am happy that I saw another All Time high. Too quiet in these here parts.
Calm before next pump?
#presundayhaiku
Halving is coming next month. So another ATH in coming months.
NO problema. Buy them back.
It takes a while to get used to selling BTC, but when you are multitudes or even magnitudes in profits, and also if you have gotten to a status that you know that you have accumulated enough (and/or more than enough), then it becomes easier and easier to shave some off here and there at various points... and if you sell a small enough amount you realize that you still have plenty.
Saylor should be in the same camp as me... but he is not.
something is wrong with him.
You don't need to be like Saylor.. at some point, you have enough BTC.. and you can start to shave some off.
Don't get me wrong. From what I have come to understand, it is not like Saylor is living any kind of deprived life materially, so yeah, he seems to have plenty of resources to just live.. so he seems to be making some other kind of a point by wanting to gather as many coins as he can.
But normies like us (royal perhaps?) should not necessarily need to live like that.
At some point we have enough and we have more than enough.. and there should be no problem to set some free.. and to let someone else buy them..and get involved in dee cornz.
It's not easy to buy back bitcoins which you sold at adequate profit or it may take considerable time to buy back your coins. Like those who bought bitcoin when it went down to 20k and sold them in current bull run of 73k won't be easily buy those bitcoins back. It takes a while to get used to selling BTC, but when you are multitudes or even magnitudes in profits, and also if you have gotten to a status that you know that you have accumulated enough (and/or more than enough), then it becomes easier and easier to shave some off here and there at various points... and if you sell a small enough amount you realize that you still have plenty.
Saylor should be in the same camp as me... but he is not.
something is wrong with him.
You don't need to be like Saylor.. at some point, you have enough BTC.. and you can start to shave some off.
Don't get me wrong. From what I have come to understand, it is not like Saylor is living any kind of deprived life materially, so yeah, he seems to have plenty of resources to just live.. so he seems to be making some other kind of a point by wanting to gather as many coins as he can.
But normies like us (royal perhaps?) should not necessarily need to live like that.
At some point we have enough and we have more than enough.. and there should be no problem to set some free.. and to let someone else buy them..and get involved in dee cornz.
Saylor strategy about Bitcoin is working fine. He has 193,000 Bitcoins bought at 6 billion usd and his current holdings has value of 13 Billion. So as long as his strategy is working, he doesn't have to worry at all.
https://news.bitcoin.com/microstrategys-bitcoin-portfolio-value-soars-to-13-2-billion-marking-a-116-gain/
You seem to be out of the loop regarding Saylor.. especially sine that article is from the beginning of March..
Saylor had 193k BTC as of the beginning of March, but right around March 10, he announce that he (MSTR) bought another 12k BTC for more than $800 million, which would bring their total to 205BTC And then a few days after that, he announced that he was raising another $500 million to buy more bitcoin presumptively this week and maybe MSTR will end up purchasing more than 5k more BTC with that $500 million. You can see some of the latest MSTR updates in fillipppone's thread on the topic.
Saylor strategy about Bitcoin is working fine. He has 193,000 Bitcoins bought at 6 billion usd and his current holdings has value of 13 Billion. So as long as his strategy is working, he doesn't have to worry at all.
Saylor's strategy?It's what many of us have been preaching for years:
Buy, hodl, don't sell unless you must, get rich in the long run.
Easy peasy.
Saylor is not doing these things in any kind of easy peasy and/or normal way. He is a bit obsessed.
Saylor strategy about Bitcoin is working fine. He has 193,000 Bitcoins bought at 6 billion usd and his current holdings has value of 13 Billion. So as long as his strategy is working, he doesn't have to worry at all.
Saylor's strategy?It's what many of us have been preaching for years:
Buy, hodl, don't sell unless you must, get rich in the long run.
Easy peasy.
They would probably not go bust, but they would probably lose 70-90% of their market cap in this scenario.
How likely is the "deleveraging"..maybe unlikely right now, albeit JPM started making noises about it.
https://decrypt.co/221873/microstrategy-bitcoin-buys-severe-deleveraging-jp-morgan
Maybe they want "in" on this deal, lol.
I doubt that it is as easy to break MSTR as JP Morgan would like to speculate, and maybe that is what Saylor is trying to get some of the BIG cats to do, which surely will bring the destruction and demise of the BIG cats a lot faster than they are already on a worse train than the bitcoin train seems to be the place to be, even if Saylor is seeming a wee bit psycho in recent times..
You threw out a lot of smart ideas, and then your last sentence 1BTC=1BTC makes no sense (even though a lot of people say some variation of that in order to attempt to mean something like only BTC matters, which is surely a known logical fallacy even though peeps still get pleasures out of saying that).
It may not make much sense, true but the stability is unparalleled.Beyond that, I think people are looking for something that doesn't really exist in more than a transitory and ephemeral manner.
In my potentially simplified thinking, it has got to be referred in the context of something else that exists rather than referring to itself, and that might be part of the reason that we talk about BTC in terms of dollars in this thread, in order to attempt to have some common ground, even though the dollar is seeming to get run into the ground itself.. but it still can serve as a decent reference until we get something better, which of course, we are likely going to be talking more and more about satoshis since it seems that so many folks are not gong to be able to get a whole bitcoin, yet for sure we are still going to be living in confusing times for many years to come - at least in terms of the dollar reference and some of the desperateness that even seems to exist within seeming dollar guardians (Cantillians?).
Wait to buy bitcoin.
Buy bitcoin and wait.
Buy bitcoin and wait.
No need to make it sound so boring, and there are probably other things that you can do while waiting.. such as eat a sandwich.
March 17, 2024, 12:06:02 AM
It's fun to see the bears come out on the weekend and try to be cute only to go back in hiding come Monday. Pathetic.
yeah I though the same. trying weekend dumps is the only what's left for them right now.
I'm sure they are desperately awaiting the distribution of the gox coins.. even if none of theses coins where to be sold I'm sure bears will wanna have their feast
March 17, 2024, 12:01:16 AM
March 16, 2024, 11:59:24 PM
You threw out a lot of smart ideas, and then your last sentence 1BTC=1BTC makes no sense (even though a lot of people say some variation of that in order to attempt to mean something like only BTC matters, which is surely a known logical fallacy even though peeps still get pleasures out of saying that).
It may not make much sense, true but the stability is unparalleled.
Beyond that, I think people are looking for something that doesn't really exist in more than a transitory and ephemeral manner.
March 16, 2024, 11:21:54 PM
It's fun to see the bears come out on the weekend and try to be cute only to go back in hiding come Monday. Pathetic.
March 16, 2024, 11:19:46 PM
buy bitcoin.
March 16, 2024, 11:01:22 PM
March 16, 2024, 10:01:17 PM
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