Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7174. (Read 26710016 times)

the awesome moment when you have to scroll back forever on bitcoinwisdom to find any reference price levels. 

 I have to pay my Chiropractor for this very same service and the Chinese are offering for free!

We have any one from BLM because they can give some better explanation about this 

Tradition ore is this kissing China's ass.


https://twitter.com/russomanchu/status/1295337485711572992

good to have you on board

would you like a hat?

Observing wall in background:



How it feels when you go out for a doctor's appointment and return to find you've just earned a year's salary....

after earning a similar amount earlier in the day.

Being a Bitcoin hodler sure beats having a job.

 Strange?  It's the name of the company's founder.  Now if it were called ljaesma.vu, that would be strange.

yeah low tax and you can buy a passport for btc

Strange website name.

One youth friend of my father (my father is the godparent of his son) has bought land in Vanuatu because of its low tax, and he has a brother living there for decades, however in the end at more than 70 he's still not there, instead he moved to Switzerland and still works (owns a psychiatric clinic). I guess for some people they never have enough money. In his place I would have quit everything long ago and enjoyed my island, and also take trips everywhere.

I am not sure whether your above statement is accurate - because normies seem to run into all kinds of dilemmas regarding how to go about doing something like reallocating what parts of their assets they have liquid or invested into various assets that have varying expectations of future value.. In the end, many of us are going to strive towards following gresham's law, but still the devil is in the details in terms of how much value we might want to have just sitting (and not really seeming to be working for us).




Hopefully, all that works out.. We know that there are really decent plausible BTC price projections, but we should also be prepared for scenarios in which the projections do not play out anywhere in the ballpark of expectations, no?


Sure... attempting to play BIGGER price swings is a lot less stressful, and a lot more practical in the sense of assurance that you are letting the price come to you rather than attempting to get ahead of the price (when you have little fucking clue about what the price is going to do).


I think that it is fair for you to clarify that part, and maybe my comment was directed more publicly rather than at your own specific situation, and many of us do appreciate that the longer that we are in bitcoin, the more likely that we are in profits and the more likely that our "overinvestment" into bitcoin is not detrimental to our own psychology or our finances, because even if we were to sell decent chunks of BTC at the bottom of a significant price correction, largely we still would be selling into profits because our investment time horizon has been so long and we have exercised an ongoing long period of delayed gratification that gives us considerable flexibility, including the fact that we may be faced with less preferable situations of having to have to sell a decent amount of our BTC stash at a less preferable time (such as during a seemingly large price correction).

So, yeah, I was not really attempting to proclaim that you, Paashaas, might actually be in a situation of both overinvesting and also NOT being in profits... and surely a mindrust kind of situation is amongst the least preferable in terms of being overinvested and then feeling as if you are being forced to sell at a time that is neither of your preference and hardly any kind of a profit cushion contained therein... so probably for any BTC HODLer, getting past at least one exponential cycle can bring some cushion, but even more cushion if such HODLers are able to achieve getting past a couple of exponential cycles (we know that such exponential cycles have happened in the past and we are hoping such exponential cycles are going to continue into the future.. while hopefully being in enough of a reality to appreciate that continued upward exponential cycles are far from guaranteed even if they seem to have decently high probabilities of playing out).

By the way, I appreciate that quite a few longer term active members of the WO thread realize that part of my strategy in BTC has been to be a bit biased in the "overinvested" direction, so I can personally relate to a degree of both being "overinvested" and maintaining a kind of ongoing "overinvested" state of being.... ... however, at the same time, there are degrees of overinvested that are within reason and prudence and NOT being within reason and prudence... so any of us who maintain some level of "overinvestedness" need to continue to be cognizant of both the upside and the downside of our investment, including that bitcoin can go to zero and we better be willing to live with that outcome in terms of making sure that we are still going to be able to house and feed ourselves and to maintain some basic minimum psychological well being standard of living aspects in the event that bitcoin were to spiral down in such a direction with our plans in place.. whether it is to ride the whole damned investment down to zero or if we do actually have some points in which we are going to cash out portions of our overinvested stash in order to preserve ourselves (and a real down to zero situation may well not even allow us to cash out much if any of our investment, so we should be in a situation, both financially and psychologically, to accept that kind of situation, too)

the noon wall report

#dyor



new yearly high @ $12,473.00
1h


long and short fibs seeking resonance
4h


medium fibs   
D

#strongdryhands

I purchased some coin at 3850 on march 12 not much under .2 but I did buy some.

went back and checked i made 4 buys of .1btc each

If
If
If
If doesn't count. ;-)

so we are 69.48 blocks ahead of pace.

if flooding hurts hash rate in 1 day we will be under 60 blocks ahead of pace.

along with the 12300+ price miners such as myself will be smiling.

BTW if you pay attention I don't post here very much but i have been doing so for the last month or so.

Basically I really think we are going onward and upwards for a while.

https://twitter.com/bigmagicdao/status/1295422797523509249?s=20
https://twitter.com/bigmagicdao/status/1295427366152368128?s=20
https://www.taiwannews.com.tw/en/news/3989041

heavy rain in China, hashrate dropping in Sichuan

bitcoin doesn't care, diff will retarget and it will still be the most secured asset on the planet

edit: bonus from 21 yrs ago https://www.theguardian.com/world/1999/jan/19/johngittings

Corruption brings fear for safety of China's Three Gorges dam

What an idiot    we just hardcore HODLers 

Less forum posting more BTC stacking 

Not too long ago, I won LFC_Bitcoin's Vegeta game. Prize was the BTC equivalent of $50 at that time. Amount was placed in my phone wallet (which was empty). No other funds were added since then.

My phone wallet balance now: $72!

Will use this as an indicator of BTC value. The LFC Bitcoin Price Indicator^TM

Onwards & upwards!

Oh my.

https://twitter.com/whale_alert/status/1295417017655349248

Looks up from phone "fuck, I just won a years salary, taking the rest of the day off"

Makes the next meetings a lot more relaxed.

Expect some questions if you do that for the 3rd time.