Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6765. (Read 26715721 times)

update (still unconfirmed) : owning, purschasing, running any ASICs for cryptos will be outlawed too in USA...

enjoy da ride !

(edit: please quote you read it here first...).

Yeah, so did the dinosaurs.

The fake stolen election admin just said that btc is against the paris accord, co2, yada, energy blah blah... enjoy... .

I have to be honest brothers.... No red head for this WO here 

If you have 10 btc in your  own set of wallets you don't need PayPal btc.

Imagine ... new people coming on the forum, reading some posts of you, then decide not buying btc cause having some belief in what you wrote...

Those people had an amazing opportunity in financial freedom and an escape of central banking etc

Later on they see BTC isn’t a hoax, price has appreciated much higher and they are feeling miserable cause of missing out early on BTC ...

Could you honestly live with those situations you “maybe” create??

Probably most of them might still buy later or whatever.... but those that are missing cause of you ....

I would feel bad.

Hopeful thinking.

They have been around for many years and know how to survive.

did the same here with early (like five dollar) coins to sell for upgrades to vacations and such. that was the deal with the wife for putting up with my "crazy internetz moneyz" computer hobby .. but when she saw those gpus in the basement running 24/7 suddenly paying for an upgrade to premium this or that.. heh.



agreed. i retired early because of bitcoin and i know others here have too. retirement is a good ride.

and congrats to bob and rick! youll have no regerts

If there wasn't the fallout of the biological attack to unseat trump (in line of the mass murders in syria, lybia etc by the obama regime) and pedogate unresolved... we could be dancing on the moon .

And we are the little furry mammals, waiting to evolve....

Oh of course. It's not that big a deal, bitcoins go through a special account at the bank that is KYCed and all taxes are paid and so forth. It's just annoying to see it going into every aspect of one's life. Plus I remember paypal hacks and know the damage having too much information out there can cause.

So if I don't need PP I don't need to give them even more data to lose. Plus there is that "if you don't control your keys, it's not bitcoin" voice that whispers in the back of my head.

500 years ago in northern Italy banking was invented and changed the world. trade was enabled like never before in history. to transport money over time and space in a trusted and reliable way was the business model of the banks ever since then.

this monopoly was granted to them for more than 5 centuries until today.

their business model got eaten by software. bitcoin.
it also gets eaten by fintech/apps
when CBDC are floating around and citizens all have a direct account with the central bank it too will eat the banks.

they have no chance. the fact that they were the masters of the universe for half a millennia puts them into a position that will make it impossible for them to understand what is going on.

in the same way traditional publishers of print news or books got eaten by software, banks will not disappear all of a sudden. 500 years is some huge momentum. it will take decades, but their fate is sealed already.

next time you are talking to a banker enjoy it as if you were able to watch some dinosaurs in rl. bitcoin is their asteroid.

It's 99% playful needling: Bob was really tightly wound up about selling for awhile, wondering, waiting for the right time, then he finally blew his proverbial wad. With that much build up you have to kid him a bit about it for awhile :-)

And 1% caution: Many people sold out at particular levels: $1, $50, $600 (me, towels), $3,000, etc. In each case we received goods or services that now appear to be insane in terms of value against waiting.

It's not quite greed so much as wonder at what bitcoin might become: A true reserve currency. That's incredible when you think about it considering that it's "just numbers"and all that. But it's numbers that can be trusted and it doesn't matter if paypal or governments or anyone tries to create more of it out of thin air: 6.25 coins will be created every 10 minutes and not a satoshi more. Thinking about the ramifications of that, a money that can't be shaved or faked or undermined is stunning.

When I think of it that way, there is a part of me that whispers "you know, 20k is just $20 again".

And to be fair: You sell when you need to, just try to make sure the reasons were good. The towels were bought partially to show my highly skeptical partner that yes this tinkering I am doing CAN produce items of tangible value. The coins sold for the car bought me something that has brought a lot of fun and pleasure to my life at a point where I can still enjoy it. Buying a couple of gold coins with bitcoins was *stupid* but it also got at least one coin vendor to see their true value and potential.

So we do things when we do them. Sure Bob could have waited longer to bail his beau out of bondage, but that would mean less time spent as free men. Doing it while they are young allows them to enjoy the passing of time, which is one thing that we each have a set amount of in life, and like bitcoins all the hoping and praying and whining in the universe will not add one second to our time allotted on this earth or one more satoshi to be added to our wallets. Only actions have the potential to do that.

Guess the final word on this is "make it count" and "if you sell it do it to make your life better in the fixed time you have left". If what you sell for increases your life's length, health, quality, and/or enjoyment then it's probably a good deal.

Otherwise, HODL!

One of the main reasons why we (at least I) despise banks, governments and corporations, namely their appalling bureaucracy and their slowness and horrible lack of efficiency, should be used as a protection against them. Fill out their forms and reply to their questionnaires in a way that satisfies them, and you'll probably be perfectly fine....

same here. kyc'd to the hilt on coinbase  and such. i started with them in 2013 and while i knew about the whole pseudonymous thing but now with modern chain analysis man they can do some serious guesswork. i like that most of my coins are mainly from pool payouts, and all properly claimed on my taxes.

im sure i raised flags at the bank. i mean ive gone out of my way trigger flags, might as well flaunt it. and did get a call, specifically asking about coinbase, from my banks due diligence office. she mainly wanted to know what i used it for (investment) and do i send anything out of the country (no). thats was about it. coinbase and that particular bank account had been linked for like 8 years.

https://twitter.com/cryptowat_ch/status/1329720960598077440


https://twitter.com/DeepBlueCrypto/status/1329808543520862208

https://assetdash.com/

 

As a long-term investment, I think she turned out quite fine:



Plagiarism disclaimer: I didn't take this picture myself - no shit.

(not sure if this is a generation gap thing, but I do sincerely hope I'm not the only one who recognized this "hottie", otherwise I'd feel horribly old)

Yes, please continue, I love it!

Theorem — Given enough time, the statements "buying high" and "selling high" are false.

Proof — It directly follows from the Bitcoin White Paper that, given enough time, any act of buying BTC is "buying low". Equivalently, any act of selling BTC is "selling low".

Corollary — HoDL or buy BTC when you can, only sell BTC when you absolutely must.

Few understand this.

Glad to see you back, I was afraid you got caught in your summer bus stop by the lock down, without internet connection.