Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6779. (Read 26715526 times)

https://youtu.be/6jJkdRaa04g

BobLawblaw : is that a meme ?

I also wanted to say that this signature campaign stuff is feeling like real work. But it's also paying OK, adding to my bag. One day I might say I was paid X000$ a week to do this... Not even talking about chipmixer's campaign, some participants must have been paid several coins by now.

i can see that we will see the ath soon and arrive at least 25k USD by the end of the year
or does someone find my glass ball too shabby?

Good feeling with the price these days. And I wouldn't mind a crash either, my buy orders are ready. If it got to this price twice it will go to it again anyway. I feel 4 digits is less and less likely to happen though, oh well, my bag will be big enough when 1 coin = millions of $ :d

About houses, I'm still looking, just found one that checks a number of boxes for me, aside from the price which is a bit above what I wanted, but I guess I can cancel some of the buy orders and add that fiat to the house if it's worth it.

I don't mind having to borrow money to a bank for it, after all it's just fiat. It could very well be worth much less in a few years, then paying it back would be that much easier. The mortgage repayment wouldn't be too high, less than minimum wage. I'd only borrow about half of the value of the house, so impossible to get upside down (at least here, where real estate never really crashes, at worst it goes down a bit). Also my brother is a banker :d And a far leftist, go figure.

Property taxes, that's another issue, they're not new here in France. There are two kinds in fact, one you pay because you live somewhere, even if you rent, one you pay because you own some place. The first one is being abolished, with other taxes supposedly covering the lost income, in practice there are fears it will mean the tax for owners will go up. Anyway the house I'm looking at would cost me more in property tax than what I pay in income tax, not great. At least it would cover the needs for a "second home", as it's basically a second home already (and was built as one), with a big park around, fireplaces, a view, no neighbours... My parents own two houses and the costs are staggering, even though the houses themselves weren't that expensive (and in good shape).

But after it goes over 1 million $ . How will we consider the US dollar or mostly the traditional fiat currencies as viable comparison measure??              

If you have enough on the side to not have to work any more, is anything keeping you from moving to a country where there's no or lower property tax? Friends, family, children maybe? If not, I wouldn't hesitate, mate.

Well my wife and I own our home "free and clear".
But we have to pay property taxes on the mofo. 
So a mortgage free home is nice but not as free and clear as one may think.

With covid-19 and my home state pretty much tapped out I am sure property taxes will 2x in under 10 years. 

So go btc go!

F2Pool + AntPool joined the party making around 56% of the hashrate.

Getting consensus for Taproot should go smooth.

Wow, this is Hyuge.

Miners revenues (measured in dollars) are back to pre halving values.

No wonders mining is an ultra -competitive industry.
This let us only imagine how hard the miners must be tuning their software and operations to squeeze all those bitcoins.



https://twitter.com/glassnode/status/1329150613255573505?s=20

There's a lot coming back to me now. I distinctly remember my room mate warning me this software was a recipe for viruses and problems (edit: not a lot has changed, come to think of it)

Thx for the tip. i'll check it out right away

@^^^ Easy. Just buy a PATA-to-USB adapter. They come complete with PSU, and should cost no more than $10. Warning: don't purchase with BTC!

And, yes, it would make a great story.

@JJG whilst writing my reply to your post I realized I have my old PC tower from years ago still standing here hardly a few meters away from me in my office.

I am 100% certain there's BTC (and probably also LTC) mining software on this drive as I remember playing with it at the time. I am however not 100% certain if there's any BTC or LTC on this thing and - even though it's been years ago - I'd probably remember if there was. Internet at the student dorm was a pain in the buttocks at that time.

Now how am I going to bring this dinosaur to life on a MX Linux laptop...



I won't get my hopes up too high, but damn wouldn't that make a great story.

As the n00b buthurt protestors say sometimes: "White Supremacy!!! That's illegal."

 It's such an wonderful feeling to be understood and I'm always interested in reading idioms used in other cultures.  Thank you!
 
 In case you're reading this Mr. JayJuanGee, Happy Thursday!
 We love you. 
 
#nohomo

I enjoy reading the thread these days.

Great posts, specially those from 600watt

thanks a lot! Merits depleted.

Exactly. I've probably told this before but at the time I learned about BTC, I was a student with no money to invest. And once I was at the point of being able to "afford to lose", we were already at "now or never" mid-2017 prices. I would be stupid to claim not wishing to have a bag of BTC on the side now (although I only want enough to have the freedom of not having to work as opposed to Lambos and champagne ), but I sincerely can't regret not having taken such investment risks at a time when I could hardly put some spare money aside.

It is possible that we are getting a bit more into semantics rather than substantive differences, yet in that sense, I do get in frequent battles about phraseology - so it is not meant to be personal in nature.

I do personally try to remove my own wishes, somewhat from my discussions of anticipated price direction, but surely there is likely ongoing bullish skewings in my way of posting, so i do get a bit irritated by down predictions, unless they are couched more delicately.

If you saw some of my earlier posts, I did mention that we have been having so much UPwards BTC price movements without correction, so down movement would almost be inevitable.. even though it is not inevitable to happen now, and it could wait until we go up before down... so surely I would not be surprised by down movement even though we continue to have a decent amount of continued ongoing upwards price pressures.


We might see this a bit different, or probably I am just in a different investing stage in my life.

I started out in bitcoin with already having decent investments in traditional assets, so largely I already had a decent amount of investment funds that I largely just needed to invest into bitcoin (which took me about a year to accomplish to move value from other assets to BTC)... and that was in 2014... so by the time the end of 2014 came along, I already felt like I had enough of a stake that I was prepared for UP.

On the other hand, I do kind of see where you are going with your idea about feeling that you might NOT have enough BTC... So in that regard, for the next couple of years 2015 and 2016 I continued to accumulate on dips and things like that.  When the BTC price went shooting up in 2017.. I thereafter did not feel as much compulsion that I needed more BTC, and I think part of the deal was that in 2015 and 2016, I had stocked BTC a bit beyond my authorization of prudence, and when the BTC price went up, the value of the BTC dwarfed my other investments causing me to believe more that I have enough BTC, ... especially relative to my other investments.

So, yeah, there may be some differing comfort levels based on starting points and also based on my having had stacked up earlier than you.. perhaps?

I'll be more careful in my smiley selection next time, before I give the impression I actually seriously would love to see BTC price go down to $100 to buy more. So nope, no regrets here. But buying more at this moment + at the current price is something I would indeed not define as meticulous investment. Would be a different story should market cap continue to increase in the next few days and weeks...


edit: I'll NEVER have enough of those

Yep. Didn't take anything personal.


I agree on "poblematic phraseology". In fact, it's problem oriented, but i didn't want to create the assumption that "bears have taken over", i prolly should have written "bearish moves have more weight at the moment". However, what bears do, on the other hand, is keeping the increasing price down - or delay the constant uptrend we all are observing since weeks/months now. Bears create buying opportunities, mainly for dipseekers, like me. I don't want to seem like somebody who is seeing "bears" positive (or negative). I try to think opportunity-based in this manners.
But yes, when in a hurry, i tend to express myself rather not-so-precise, more often than not.