Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7490. (Read 26729149 times)

We just bounced off 9k. Is that what you call a double bottom? Vegeta thinks so.



Sorry for shit-posting, but I've just re-discovered photoshop after years not using it. I'm having a blast Let's hope this is the last time we see a Vegeta meme though.

Getting in at the right time, is equally important of getting out at the right time.
I know that probably if I had known BTC 5 years ago, or more, or in 2009, I would have lost/spent/rage bought/rage sold/messed around way more than I actually did with my precious sats, more recently gained bought.
(Not that It wouldn't had ben the right thing to do, ask Laszlo).

The dude saw bloodshot, dus enjoyed it...

The dude HODLs the dude abide

The dude goes HODLsleep

Had to boost paashaas for his continue updates in here .... always on point and always much work in those...

So merited a bit extra for forgotten times or when I was out...

Cheers

It's called delayed gratification, serveria...

Personally, I am not currently consuming my BTC, but I would imagine anyone who even invests around 2k euro per bi-weekly would likely be in a decent position for hooker, lambos and blow consumption with a 5-year investment timeline after their BTC purchases.. even though we know that the later that you get into BTC, then the more difficult it would be to get as much bang for the buck - and to the contrary, the earlier that you got in, the more that you can see that your BTC investment has paid off, especially compared with other assets, such as comparing to equities or gold.

Those of us who started our BTC investment 5 years or more earlier, surely would be in a decent position to be engaging in the consumption of hookers, lambo and blow, even in current times, seems like.

Let's just use a $2,250 per Bi-weekly (current exchange rate), and look back at where we would be today in terms of a five year investment into BTC as compared with gold and equities, using dcabtc.com.

I think that currently having 270BTC after 5 years of investing $2,250 every two weeks (adding up to $300k invested and $2.5million in current value) is surely in a decent set-up position to soon be going down the hookers, lambo and blow consumption.  7.5x investment is not a bad place to be, yet if we are attempting to be somewhat realistic, it would be difficult for anyone even to maintain $1,000 per month investing into BTC, unless they are reallocating and already decently well off.

By the way, from my own experience, I do appreciate that there are some folks who may have accumulated a decent investment portfolio in various assets over several years of their investing life, and maybe even accumulated $500k or $1million or more in terms of the size of their investment portfolio, and someone like that might want to be a bit more aggressive in term of their BTC allocation and even front loading and even appreciate having something like a $2,250 per day investment potential.

So, someone like that would maybe want to invest $100k into bitcoin and might want to invest $500 or $600 per day for the next 6 months in order to front load invest into BTC.  But if they just started out 6 months ago, even they would not yet have seen price appreciation of the value of their BTC portfolio, with around 12.2 BTC accumulated in order to help set themself up for future consumption of hookers, lambos and blow.

On the other hand, if they had put that same $100k value into bitcoin 5 years ago and spread that investment over 6 months, then they would have accumulated around 354 BTC, which might be pretty damned close to getting started in the consumption of hookers, lambo and blow (at least decently set up for such in the near future).


Interesting "minor" detail that could either ruin dee moo or cause a party to prematurely poop.    

Seems the website portal has a $200 limit for purchasing without an account. I haven't tried the site at all though, just an observation.

Are you with us or against us, aesma?   

Your post, aesma, caused me to look at the link one more time, and even though they are called "Bitcoin Store" they surely offer a lot of shitcoins, too (around 50 of them or so?).  Don't want to get into those shitcoin details, yet any member could peruse the "rate" link and see the numerous shitcoins that are being offered.

Only in a philosophical sense. Such as saying that a "vibrant economy is a distraction from gold as a store of value".

True in a particular philosophical perspective, but less than useful when it comes to allocating capital.

Shitcoins aren't part of the "foundation" of the crypto ecosystem. They are the distraction from it.

I believe this situation is exactly why "replace-by-fee" was introduced.  Not sure what wallets support it aside from Electrum, I think.  Probably others.  And yeah... don't pay damned VIABTC anything.  An enemy of bitcoin.

I just ordered pizza... Too much healthy food lately, needed some "dirty" calorie intake.

At least BTC is mini-pumping, so all good! 

Observing $9186, I have a feeling that if we close today over $9150 we might get a mini pump tomorrow, breaking through resistance to $9500 or higher. Time will tell, we’ve been in a tight trading range for a while now, I feel like there has been plenty of time to accumulate, we’re set to move up soon.

...other than to note that sh*coins are the "lungs" of bitcoin and one of the reasons that bitcoin has managed to grow sustainably over the last few years of its existence

This is why we see a continuous long term decline in dominance coupled with a sustained long term growth in price, because the octupus head needs tentacles that have the technical, monetary and commercial versatility to reach into the corners that the head doesn't, albeit that those tentacles may themselves not outlive the head, interchangeability being one of their strengths.

That’s why I said use the ‘free’ accelerator ———>

Ahh, fuck them.

alternatives?

That's Bitmain's pool. What else to expect?

WTF is this?

I understand that we throw out some random ideas to either bash on shitcoins or to admit that some of us might hold some of that shit, but really it is better NOT to get too much into the weeds in regards to shitcoin performance relative to bitcoin or even attempt to extrapolate that there is much if any meaningful correlation that can be tied to whether shitcoins pump or dump relative to bitcoin.

Of course, in the longer run, many of us long term BTC HODLers are inclined to believe that there are good chances that all shitcoins are going to lose value in comparison to bitcoin, but many will also concede that the long run could take a fucking long time to play out and shitcoins might have a pump or two or three left in them without really exactly knowing which version of shit is randomly going to pump to give hopium to various normies who are easily distracted into shitcoin talking points.. especially, the more newbie they are, the more likely that they might get distracted into shitcoins because they remain reasonably unclear about what exactly distinguishes bitcoin from shitcoins.. so surely any kind of in the weeds discussion of shitcoins tends to NOT be a good area to pursue in these here parts - beyond just cursory bashing, here and there, at will.   

A "pandemic" of testing. (...for saline saliva).

I've read it on my local forum, here's the original post.
Also (google) translated is here.