Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6965. (Read 26711650 times)

Who loves corn?

[Lightning-dev] Partial LND Vulnerability Disclosure, Upgrade to 0.11.x

https://lists.linuxfoundation.org/pipermail/lightning-dev/2020-October/002819.html

https://imgur.com/WSn8TbD

You still crack me up, even without your words 

I am glad that you did not interpret my post in terms of asking you to reveal very many particulars in regards to your BTC stash size... or even any personal details that go beyond what you might be ready and willing to share or that might potentially jeopardize your OPsec.

I suspect that several of us have learned to dance around those kinds of personal subjects in a variety of ways - even though sometimes some details might need to be discussed in order to know about various references that are being made.. in your case, it was the hamburger flipping scenario.. or not.  

Whether you are literally referring to a potential need to engage in burger flipping or some other JOB skill that is outside of your preference might not necessarily need to be specified with any kind of precision in order to still get the points across... which you largely seem to have done.

Seems also that if any one is coming out with some specifics, like flipping hamburguesas, as you did, then frequently some prodding for follow through will be worth attempting, which I did do.


Can't go back in time, but that's too bad... as you can see from the previous DCA link that I had provided that attempted to connect with the length of time of your forum registration.


 Well that's too bad, too - though I do understand that some peeps have actually determined that they may be better able to accumulate BTC through mining or otherwise engaging in shitcoin activities rather than directly engaging with BTC...   I will try NOT to judge you too harshly, since I do not recall you ever pumping shitcoins in this thread.. so at least there is that potentially redeemable angle..

And, also, if you largely have come to realize that BTC is the ONLY coin that is really worth HODLing in the longer  term, then there is something redeemable about that, too...


Just by your way of framing your pre-2017 BTC investment perspective, it appears that you realized that your earlier BTC investment perspective was likely a bit too conservative.  I do understand that sometimes people will invest into bitcoin with a relatively modest approach, maybe something like 1% of their overall investment portfolio in bitcoin, but their particular circumstances could have easily justified a way more aggressive BTC approach - something closer to 10% may well have been way more prudent for their circumstances, even if it was quite a bit more aggressive of an approach.... sometimes we are not going to get very far with out some amount of aggressiveness.  

Also, over the years, I have seen some people limit their BTC investment size by never buying BTC and asserting that they ONLY "earn" BTC, and there are circumstances in which those kinds of self-imposed limitations also seem to have caused those kinds of peeps to NOT be sufficiently aggressive in their approach to BTC and therefore when the BTC price pumps come, they have hardly any BTC at stake in order to really experience some kind of meaningful profit levels.  

On the other hand, there are some folks who have also done quite well with their lil selfies with a relatively modest investment into BTC even something like a mere 1% investment into BTC, too.. and then just ride out a cycle or two.. and woaza!!!!.
 

I agree with the spirit that overcompensating sometimes does not work too well either, as you seem to have had learned.


Many of us longer term BTC HODLers have witnessed that drops in BTC can be quite brutal, especially for folks who may have gone too aggressively, as you seem to have suffered from such...  

I did have to shave a bit of BTC off in the November 2018 to February 2019 - ish time-frame, too based on some contracts that I had started in about March 2018, and a lot of bills ended up coming due at NOT such a great time in the end of 2018 and the beginning of 2019... so maybe I had ended up shaving off something in the territory of 5% of my BTC stash by sales of BTC and/or failings to buy BTC at those discount prices because of crunches on my cashflow around that worser BTC price time.  

I am not really clear, even with my own looking back, if I have really made up for some of that, but I sense that I could have probably handled those cashflow projections a wee bit better....

And maybe there were similar circumstances for me in early 2015 - in which the market was at a low (around $200 to $250), and those very extreme periods of low BTC prices cause stresses on  my cash flow.., including that emergencies seem to be inclined to come during those kinds of cashflow stressed periods.  In early 2015, I had a kind of business cashflow related emergency, and it was not even directly related to my BTC activities, and even though I was not forced to sell any BTC... I was put in uncomfortable positions, and largely,  I was able to dance around some of the cashflow shortages - but there was a period of about late January 2015 to April 2015 that I was not able to buy any BTC and to take advantage of lower BTC prices that were largely in the lower $200s, and then the remainder of 2015, I had not been able to buy very many BTC, either because I had blown a lot of my wadd in 2014, when BTC prices were much higher.


Well, that does not sound too bad.  I read ahead a little in your post and if you can maintain yourself until 2024, then a minimum of $50k for BTC would keep you in decently good shape, and $100k or more would put you in a kind of jollyland.  Fair enough.  Fair enough.


I doubt that you need to reiterate various specific problematic issues with staying active in today's modern working world in order for any of us to understand that transitioning into partial fuck you status would be preferred, if possible and if you are able to maintain it... and yes, I can appreciate that there is a kind of gambling angle to your plan forward, too.
 

Yes. Some amount of deferred maintenance can be acceptable, as long as it does not end up biting you in the butt.
 

Even though we can appreciate that there appears to be a bit of a gamble in your numbers, at least your timeline seems to provide for decent odds that your gamble could end up paying off... we could have 1, 2, 3 or even more exponential BTC price movements in that time period - but surely, if you weigh putting your money in BTC versus putting you money into some other investment, it does seem to better to have a decent practicality  in these times and potential asymmetry in these times in betting on BTC rather than in some other asset classes, ... at least in these times.. and ultimately, you have to decide what ratio that you believe works decently well for you in terms of your own particulars.

It could be the case that 5-7 years down the road, your neighbors will be saying amongst themselves:  "damn psycodad had been letting his property go to crap.. all of a sudden he's got the nicest place on the block.  I wonder if psycodad has some kind of secret? perhaps bitcoin?"      And, of course, you will plausibly deny any of that, right?  

You may have likely realized that in recent times, my BTC cashing out scenario have remained a bit more conservative than yours because in recent times, I have been using the 200 week moving average as my measuring price point in terms of attempting to hypothesize over various kinds of fuck you status based on current location of that 200 week moving average (which currently  is at about $6,800 as I type this post), and maybe projecting it ahead for conservatively at a BTC price appreciation of 6% per year and when I am feeling more aggressive in my calculations, using 12% per year as my attempt to project ahead in a more bullish kind of way... so if I am using the 200 week moving average as my base starting point, then I am counting on the dips largely staying above that 200 week moving average line.. even though such line could start to go down or sideways, but in recent times, it seems to be approaching appreciation of about $100 per week, which seems to be a good thing for measuring purposes - and even causing conservative fuck you status projections to seem more aen  more bullish.

Surely, I am not asserting that your BTC price projections (hopes, forward) to attempt to anticipate the top, rather than my current approach of attempting to measure the bottom might not work out for you, but I personally feel a lot more comfortable going with conservative numbers and attempting to measure the bottoms in making my planning ahead in regards to potential or current fuck you status cashflow projections.


Of course, it is good to have Plan B scenarios, too.. and a variety of options in terms of areas in which you might be able to earn more money or cut back on some of your weekly/monthly spending/expenses, too.


If you and the missus are mostly on the same page too in terms of discussing options or ways to make a lot of the various financial scenarios work out, including considering various income generating options or spending cutting options, and planning for various scenarios, then that would NOT necessarily be a bad thing, either.  And, if you have gone over various investment and allocation scenarios, and you are largely on the same page, what is there to complain about?   - just hope that some variation of the better possible scenarios play out than the worser case scenarios, right?


Surely, you have to come to your own assessment regarding the asymmetric nature of the BTC bet, and of course there are a whole hell of a lot of us who are pretty damned bullish about future BTC scenarios, including yours truly - and several others, especially in this thread - but in the end, you are the one who has to personally decide how to play the cards that you got because you are the one who is going to have to live with your own allocation decisions and conclusions and hopefully, you are not coming to them from any bad sources on the interwebs, too..  

By the way if bitcoin goes to fuck, some of us here may well be crying in our own milk (and maybe we were lying the whole time that we did not have a pot to piss in), and we are not going to have any time to hear sob stories from you and the missus about how you might not have had a sufficiently adequate plan b in case this bitcoin thing does not catch on by 2025 or 2030 or whenever..... hahahahaha  

why hello beautiful, i missed your green dildos

snap, crackle, pop ... boom.

... got that tingly feeling again, this is the beginning of the real deal again.

Woaza!!!!  mindblown.. observing $11,421

Insert green dildo going from $11,097 to $11,421 within a matter of 5 minutes, or less.

Formula to bankrupt your competitor:

• Hear the business’ owner or employees crack a “Jürgen the German” joke.
• Send an “accusation of” racism to Yelp, reminding them that a German joke is really an anti-black joke because black refugees are a part of multicultural Germany, and blacks are just as German as everybody else there.  Indeed, because everybody is equal and blacks are twice as equal as everybody else, blacks are the most genuine Germans.  (This reminder is necessary, because it is impossible to be racist against white people.)
• Profit!

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My perspective:  You white people are genetically defective.  Seriously, look at what you are doing to yourselves.  Yes, to yourselves.

Oh, don’t you dare feign helplessness by pointing your finger at non-whites playing the race card, or of course, at the Jews.  Take responsibility for your own actions!

The overwhelming majority of white people will zealously crucify any whites who are even so much as “accused of racist behaviour” (see above; emphasis added).  You are the ones who issue a “race card” for others to play against you.  Would that Yelp action be possible, if not for white Yelp employees who support it, and white Yelp users who will boycott any business branded with the Scarlet Letter Red Icon of Racism?

And as for the Jews, well—most of the antisemitic idiot-bait that I see reads as self-abasement through glorification of THE JEWS, those praeternaturally cunning geniuses who allegedly brainwash you—oh, so you are gullible, genetically weak-minded fools.  THE JEWS, those awful spreaders of degeneracy—lulz, you like to buy porn; someone has to sell it to you!  THE JEWS, who are oh so loyal to Jewish interests—why, that is tantamount to an accusation that Jews are Nazis, which is rather ironic given how proud you are that your granddaddy killed a bunch of actual Nazis.  Do you now want to kill a bunch of those Jewish Hitlers?  Hah!  Those Jewy JEWS with their “nepotism”—viz., you spawn brats who rebel against you and squabble amongst themselves, while Jewish families raise heirs who work together to TAKE OVER THE WORLD!!  THE JEWS, who have so much money (i.e., more money than you have), and who use their money as power (instead of wasting it on “hookers, Lambos, and blow”, as you do).  THE JEWS, that superhuman minority so powerful that they allegedly have attained total control of the whole world—hey, didn’t white supremacists once brag that white people were superior because they had empires spanning the globe?

It is amusing how much of the stuff put out by people who supposedly hate Jews is actually Jewish-supremacist, describing Jews as if they were a true “master race” destined to be your boss just because they are allegedly smarter, more cohesive, and oh so much richer!  Do the people saying this ever excogitate on what they are saying?  And it is oftentimes recited in private, or anonymously online, by people who will publicly jump to extirpate any sign of antisemitism.  And non-Jews in general will eagerly burn alive anyone who is perceived as offending or slighting Jewish people in any way.  Whose fault is that, primarily?

This man gets it:


Stop looking at other people for all the answers to your own follies, and look in the mirror!

The inexorable but ineffable truth is that the overwhelming majority of you have a collective death wish.  You choose not to be—you choose to not-be, at any price—you are decadents with zero vitality.  You yearn for “otherness”:  If you don’t invite mass immigration as “cheap labour” (= you are lazy, greedy, and exploitative), you do it from sheer xenophilia!

And this is not new.  Your grandparents cursed you as you now curse your own grandchildren, if any you will have at all.  You are heirs to the sins of your fathers, who long ago forgot the meaning of posterity—so you will have none.

It is not “white genocide”:  It is white suicide.  And you will be replaced.  The Earth has no place for the weak.  That is simply evolution.  Like it or not.  I myself dislike it, since your ancestors (who would cringe in horror if they could see you now) did create some awe-inspiring culture, which I dearly appreciate.  I like white people well enough.  Hey, some of my best friends are white people.

another hour another bunch of regulatory stuff

https://forkast.news/us-congress-crypto-bills-sec-cftc-commodities-treasury-blockchain/

Low effort.  No wit, no points.  Try harder.

Image magic flop.

 FTFY

CAD very strong today too.  It should be nothing but a sucking sound...

Hmm good point. Hope you're right; no idea myself.

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meanwhile some shitcoins are in a wee battle


https://twitter.com/lisaabramowicz1/status/1314625182141747207

similarly, expect there's more to this than meets the amateur eye.

Maybe yes, maybe no.  I would not jump to such conclusions from—what, a wealthy man with a wealthy-man’s lawyer put up bail that really seems excessive to me?  Show of hands:  Who here could even think about putting up $500,000 cash on the spot, and taking on a $4,500,000 debt from a lender who will literally send bounty hunters after you if you flee?  It is a lot of bail money!

He’s not alleged to be a violent criminal; and he is probably in general a law-abiding individual with a decent reputation.  That would make for “lenient conditions of release” (not otherwise described here).

What, do folks expect that even an American judge would make the man just rot in prison awaiting trial, when he posted more money for bail than most people ever see in their whole lives, and he is probably not much of a risk?

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Dashed off in haste, for there is just way too much of Internet jumping-to-conclusions in this case (as any high-publicity case discussed on the Internet).

...and the other one has a headache...

except one is always too depressed to participate.