Explanation
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 643. (Read 26519013 times)
May 28, 2024, 08:01:14 PM
May 28, 2024, 07:52:30 PM
Let's talk about a tinfoil hypothesis.
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Tinfoil hypothesis!?? What are you on about sir?
There are no tinfoil hypotheses on this here famous
Tinfoil Hypothesis.... Hmmm... sounds like a good band name anyway. Maybe too many syllables though...
May 28, 2024, 07:34:26 PM
Let's talk about a tinfoil hypothesis.
What if Riot's $950M offer to Bitfarms has Blackrock behind it?
What if they want to slowly get 51% of the miners so they can fork btc in the future?
What could (user) nodes do to avoid that?
Could the community at large basically stop them as already happened with the Segwit wars?
What if Riot's $950M offer to Bitfarms has Blackrock behind it?
What if they want to slowly get 51% of the miners so they can fork btc in the future?
What could (user) nodes do to avoid that?
Could the community at large basically stop them as already happened with the Segwit wars?
May 28, 2024, 07:26:32 PM
....
And buy a cybertruck later…. First edition will have some annoying flaws….
And buy a cybertruck later…. First edition will have some annoying flaws….
Yeah, like the Ford Edsel. I think the first edition had some annoying flaws anyway, lol.
Albeit, I shouldn't make fun of shit boxes. After all, my first car purchase was a Chevy Vega. (I was young and dumb and it's all I could afford)
What a pile of junk that was. When I totaled it, it was actually a blessing in disguise.
May 28, 2024, 07:01:16 PM
May 28, 2024, 06:46:00 PM
The countdown for when mtgox coins start hitting the market has begun. Me personally, I’ll probably sell off 1/3 of what I get and invest it into the stock market to get some extra dividends coming in and use the rest to pay for my Cybertruck. I had considered that BTC gone a long time ago, so getting it back now with such high prices is pretty cool. I suspect others will be dumping as well, but this is the last speed bump on the road to $100K.
Bro why would a sane person sell
Middle of the bull
I pretty much already gave a reason in that I had long considered these coins lost. Why would I sell BTC that I had considered lost to pay for a Cybertruck instead of using investment money? Well, that's a bit of a personal finance issue but the short end of it is that I'm uncomfortably long BTC right now. It makes up a majority of my net worth and while I'm extremely bullish and believe we'll see a $200K BTC price in the next 18 months, life doesn't go on forever. At some point you've got to spend some money and have some fun with toys. If I didn't own >10x as much BTC as I do stocks, I would consider holding and spending my USD, but as stated, this recent bull run has made me slightly uncomfortable with the diversity of my investment portfolio.
Fck those stocks man...give youself just 1 year extra.
And buy a cybertruck later…. First edition will have some annoying flaws….
May 28, 2024, 06:44:35 PM
The countdown for when mtgox coins start hitting the market has begun. Me personally, I’ll probably sell off 1/3 of what I get and invest it into the stock market to get some extra dividends coming in and use the rest to pay for my Cybertruck. I had considered that BTC gone a long time ago, so getting it back now with such high prices is pretty cool. I suspect others will be dumping as well, but this is the last speed bump on the road to $100K.
Bro why would a sane person sell
Middle of the bull
I pretty much already gave a reason in that I had long considered these coins lost. Why would I sell BTC that I had considered lost to pay for a Cybertruck instead of using investment money? Well, that's a bit of a personal finance issue but the short end of it is that I'm uncomfortably long BTC right now. It makes up a majority of my net worth and while I'm extremely bullish and believe we'll see a $200K BTC price in the next 18 months, life doesn't go on forever. At some point you've got to spend some money and have some fun with toys. If I didn't own >10x as much BTC as I do stocks, I would consider holding and spending my USD, but as stated, this recent bull run has made me slightly uncomfortable with the diversity of my investment portfolio.
Indeed a personal issue…. Just not a reason why majority of these coins would be sold… could be that the majority finally have some BTC back and there journey maybe starting again… could easily be a story we’re more of the peeps are been protected from selling and know understanding they have to hold on to these precious coins….
May 28, 2024, 06:39:55 PM
The countdown for when mtgox coins start hitting the market has begun. Me personally, I’ll probably sell off 1/3 of what I get and invest it into the stock market to get some extra dividends coming in and use the rest to pay for my Cybertruck. I had considered that BTC gone a long time ago, so getting it back now with such high prices is pretty cool. I suspect others will be dumping as well, but this is the last speed bump on the road to $100K.
Bro why would a sane person sell
Middle of the bull
I pretty much already gave a reason in that I had long considered these coins lost. Why would I sell BTC that I had considered lost to pay for a Cybertruck instead of using investment money? Well, that's a bit of a personal finance issue but the short end of it is that I'm uncomfortably long BTC right now. It makes up a majority of my net worth and while I'm extremely bullish and believe we'll see a $200K BTC price in the next 18 months, life doesn't go on forever. At some point you've got to spend some money and have some fun with toys. If I didn't own >10x as much BTC as I do stocks, I would consider holding and spending my USD, but as stated, this recent bull run has made me slightly uncomfortable with the diversity of my investment portfolio.
take some profit. don't worry if it goes to 100k or 200k.
10% of your btc won't break things if you go to 100k or 200k you will still have 90% of the btc.
May 28, 2024, 06:31:34 PM
Not sure why but I think of Elon Fanbois as being equivalent to Ethtards.
May 28, 2024, 06:22:39 PM
Cybertruck horror stories.
things got the wheelbase, suspension travel and breakover angle of my old 1960s era pontiac station wagon. unsure whats thats about.
May 28, 2024, 06:01:15 PM
May 28, 2024, 05:58:45 PM
... Why would I sell BTC that I had considered lost to pay for a Cybertruck ....
stupidity?
.... At some point you've got to spend some money and have some fun with toys.
Agreed, although I question your judgement buying a Cybertruck?? Seriously bro?
I'd be interested to know how that $100,000 "toy" works out for you.
Hopefully better than the plethora of Elon fanboy folks who spent $100,000 on a ....ahhhh phukit, not gonna go there.
Just Google Cybertruck horror stories.
May 28, 2024, 05:01:14 PM
May 28, 2024, 04:58:49 PM
Hotel Atlantis is the first hotel in Hungary to accept Bitcoin. The hotel announced that it will accept Bitcoin as payment on May 25, 2024 and is the first hotel in Hungary to use the Lightning Network for Bitcoin transactions.
The first hotel to accept Bitcoin in 🇭🇺 Hungary.
BitcoinNewsCom
The first hotel to accept Bitcoin in 🇭🇺 Hungary.
BitcoinNewsCom May 28, 2024, 04:01:16 PM
May 28, 2024, 03:42:09 PM
Mtgox coins on the move
https://x.com/mtgoxbalancebot/status/1795269306311229908?s=46&t=Ojl_TNdTuAX4h1k7O9ygzw
https://x.com/mtgoxbalancebot/status/1795269306311229908?s=46&t=Ojl_TNdTuAX4h1k7O9ygzw
What are they doing, mixing them?
I got bored tracking the splits and sends.
surely they are preparing to buy some crack from the darknet
I'm wondering if they are running off a playlist to break any links from tainted wallet addresses before distributing them.
I have no clue what the algo is for links through kyc that break a taint chain.
*it would a black eye if the coins they distribute start popping on kyc exchanges. Lol
yeah that's interesting. But these coins are old too. Maybe they lose their "taint" after a while, depending on the regulation. At least they def. can be tracked back to the trustee, so maybe that's enough
May 28, 2024, 03:29:45 PM
The countdown for when mtgox coins start hitting the market has begun. Me personally, I’ll probably sell off 1/3 of what I get and invest it into the stock market to get some extra dividends coming in and use the rest to pay for my Cybertruck. I had considered that BTC gone a long time ago, so getting it back now with such high prices is pretty cool. I suspect others will be dumping as well, but this is the last speed bump on the road to $100K.
Bro why would a sane person sell
Middle of the bull
I pretty much already gave a reason in that I had long considered these coins lost. Why would I sell BTC that I had considered lost to pay for a Cybertruck instead of using investment money? Well, that's a bit of a personal finance issue but the short end of it is that I'm uncomfortably long BTC right now. It makes up a majority of my net worth and while I'm extremely bullish and believe we'll see a $200K BTC price in the next 18 months, life doesn't go on forever. At some point you've got to spend some money and have some fun with toys. If I didn't own >10x as much BTC as I do stocks, I would consider holding and spending my USD, but as stated, this recent bull run has made me slightly uncomfortable with the diversity of my investment portfolio.
Fck those stocks man...give youself just 1 year extra.
May 28, 2024, 03:01:14 PM
May 28, 2024, 02:52:48 PM
The countdown for when mtgox coins start hitting the market has begun. Me personally, I’ll probably sell off 1/3 of what I get and invest it into the stock market to get some extra dividends coming in and use the rest to pay for my Cybertruck. I had considered that BTC gone a long time ago, so getting it back now with such high prices is pretty cool. I suspect others will be dumping as well, but this is the last speed bump on the road to $100K.
Bro why would a sane person sell
Middle of the bull
I pretty much already gave a reason in that I had long considered these coins lost. Why would I sell BTC that I had considered lost to pay for a Cybertruck instead of using investment money? Well, that's a bit of a personal finance issue but the short end of it is that I'm uncomfortably long BTC right now. It makes up a majority of my net worth and while I'm extremely bullish and believe we'll see a $200K BTC price in the next 18 months, life doesn't go on forever. At some point you've got to spend some money and have some fun with toys. If I didn't own >10x as much BTC as I do stocks, I would consider holding and spending my USD, but as stated, this recent bull run has made me slightly uncomfortable with the diversity of my investment portfolio.
May 28, 2024, 02:50:03 PM
If he's still around when Ross Ulbricht gets pardoned, we can all order a hitman from Silk Road 3.0 to take care of him once and for all. 
When I was a bitcoin newbie, reading this paper on Assassination Markets (or Assassination Politics) made me see things I hadn't fathomed.http://jrbooksonline.com/PDF_Books/AP.pdf
Archived here for posterity
https://web.archive.org/web/20110127224301/https://jrbooksonline.com/PDF_Books/AP.pdf
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