Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7480. (Read 26729294 times)

..and in that desirable moment of 250k.. have you thought on how to cash out??

If that ever happens, it will be nice to know how to materialize the money out of thin air.

Seychelles.. Panama.. Portugal?? You know.. i'm only asking for a friend who is planning his holidays..

btw, i came across this blog by Stephan Livera
(Bitcoin Tax Strategies) https://stephanlivera.com/episode/183/

Imagine that drop from $250k all the way down to $40k.

My SOMA numbers are like this:

2020 EOY: ATH (21-25k)
2021: 250k-450k   

Imagine that drop from $250k all the way down to $40k.

Fucking hell boys, do you genuinely think so?

Dunno what I’d do with that much money 

My SOMA numbers are like this:

2020 EOY: ATH (21-25k)
2021: 250k-450k   

Bear 

2020 (Halving): $8500
2020 (EOY): $13,000 <-- Predicted
2021 (Q4): $30,000 <-- Predicted

2020 (Halving): $8500
2020 (EOY): $13,000 <-- Direct up-scaling
2021 (Q4): $260,000 <-- Direct up-scaling

Better?

I just don't believe 2017's ATH mega-pump can happen so fast this time...

I'm quite happy with the green prices. Slow 'n' steady.

Bear  

Bear 

Bear 

Volume Profile Fixed Range Analysis
Takeaways:
1. The previous dominant trend direction moving into the beginning of the year can help in determining the direction of that year's trend.
2. Consolidation (range) occurs at High Volume Nodes and can determine the direction of the emerging trend.
3. Price has largely Distributed throughout 2018 the Accumulation of 2016/17.
4. Price has yet to Distribute the Accumulation of 2019. This is evidenced by the violent rejection from Accumulation in 2020.
5. Price is currently in an uptrend entering an HVN . Likelihood of re-accumulation and continuation of the uptrend.

2016 (Halving): $660
2016 (EOY): $1000
2017 (Q4): ATH

2020 (Halving): $8500
2020 (EOY): $13,000 <-- Predicted
2021 (Q4): $30,000 <-- Predicted

I find the above SOMA predictions quite conservative.

We need only $790 ish pump everyday for next 30 days, so easy peasy...

Well, JJG, I will say it. I'm jealous. Jealous of you, and many other early adopters, and most of the WO brothers. Jealous in a good way. I love you all (no homo) and wish you the very best. As much as I understand the inner workings of Bitcoin (and that was the main force that drove me to it), I can't help but admitting that I could have done better. Much better. I had the fiat. Lots of fiat. A good part of which I used to buy BTC. But not when I should have. I waited, and ended up buying much less than I could have bought. Sometimes we must take risks. And not just take risks, but take them at the right time. Because if you time it wrongly, you end up risking more for less. So, hats off to you guys 'n' gals, you deserve it.

It's cash. That's the beauty of it. You don't need to know who I am, I don't need to know who you are. Add to this the ability to transact over-the-air, via a channel that only needs to be able to transfer information, and you're entering Star Trek territory. You're Captain Kirk and I'm Scotty and we're thousands of miles away from each other and we're beaming up cash to each other. It's as clean and pure as it gets. And the more you understand how it all works, the more it sucks you in. It's like a beautiful woman you just can't take your eyes off of. And she wants you too. She accepts you for who you are...

No, I'm not smoking leaves from the elephant garden, although it sounds like it. The second time I felt so excited about something was when I watched a BBC documentary about Fermat's Last Theorem. The next day I called BBC and asked for the transcript (there was no YouTube at the time), which they kindly sent me. Such mathematical theorems may sound boring and pointless to most of us, but they really are maps. They're mapping the universe. It's like being in a pitch-black room without a single clue of what's inside. So you start to feel the objects, forming some images in your mind, of their shapes, their function, their significance. And at some rare moments during the course of this exploration, a brilliant mind comes along and flicks a switch, which illuminates part of the room, helping you see the treasures that exist right next to you, waiting to be harnessed, to be understood. Satoshi Nakamoto helped illuminate part of that room and gave us this brilliant mathematical construct called Bitcoin. That's the way I see it anyway...

As for Lambos, hookers and blow, this is something that may happen, but not just yet. Not for me. My stash's current value is far too small to be spending it on such indulgences. Their time will come, but we're (I'm) not there just yet. Regardless of where this path will lead us, though, I feel lucky and blessed to be part of this. Let the riches come when they should (fully agree with your "why not both" comment), but let that not be a target, but a consequence.