Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7636. (Read 26710234 times)

What are you doing?

Totally just long? 

No more taking trading positions?

Do you at least play the BIGGER swings.. or you just in HODL status?

the group home they live in has good internet and some spare PCs, thats all

Rich in the most important commodity, time. The most ignorant are unfortunately the richest as they can afford their ignorance. If you think this is untrue then you need to take a look around.

...and it is sickening

If any of us has a long enough timeline to be in bitcoin or intending to still be accumulating in bitcoin, then likely we will still end up buying BTC at various times and maybe even higher prices along the road, and surely I have a decent number of BTC purchases that go all the way up close to $19k, but sure, maybe some of those purchases could be considered NOT to count, if I had only been using proceeds from BTC sales at higher prices to make those purchases.

And, gosh, we are coming upon 2.5 years since that latest high (ATH).... time flies when you are having fun, and those 4 year snapshots remain amazing in terms of continuing to go up.... even though it also seems reasonable that the multiple of how much BTC price is able to expand is likely to not be as much as the previous 4 years.  The multiple in 2016 was 51x, but the multiple in this year was only about 12.5x.........  So, getting another 10x for the price at the time of the next halvening might be difficult, even though surely I would not rule out something in the ballpark of 5x-8x..

I know, I might be considered a party poop.... but still will be curious to see where we are at for that next box.


I suppose that rich or filthy rich could happen too, but those are likely referring to the top after the next UP movement which could be 10x to 30x to 50x from here.  

When are you saying that rich or filthy rich kicks in, serveria?



That is why we are speculating.  Of course, the future is not known, but we still can assign probabilities to various possible outcomes rather than either just throwing up our hands or some kind of idiotic claim that assigns equal probabilities to all possible outcome - which surely would be a brainless kind of speculation.

Very fitting.
https://twitter.com/lopp/status/1259929075902222345

idk man....there was a flat earth nutter and a couple of lunatics that hang out on this
forum 24/7 a couple of blocks over and generate a plethora of drivel threads.
I rather doubt they are rich..... (though rich in ignorance maybe...)

Nice read, but I don't think Mr. Breedlove can grade Dalio. Much less mete out F's.


This guy doesn't know the difference between quadratic and exponential. The number of pairwise connections between n users is n (n-1) / 2 = (n^2 - n)/2. A simple exponential growth that goes from 1 to 10 connections as n goes from 2 to 5 users would get to 1000 by the time n reaches 12 users - not 66.

Given his poor understanding of college mathematics, the likeliness of him grasping even intermediate game theory appears slim. I guess "computer science" could still be within his reach, as long as he means coding. I wouldn't hold my breath waiting for him to deliver breakthroughs in, say, computability theory or zero knowledge proofs.

I apologize for the intolerant tone, but people abusing the term "exponential" without having a clue is one of my pet peeves.

Absolutely.

Bitcoin (and other money) and material goodies are nice but real wealth is our health, freedom, friends and family.

Having all of the above really rocks though.

Money doesn't buy everything, but what it doesn't buy is easier to get if you do have money.

Anyone that can manage the time out of life to hang out here and post all day is already rich.

It appears there's about 3300metric tons of gold mined each year, that translates to about global supply of 9metric tons/per day. In comparison, if you have BTC3.5 in about 30yrs you'll own daily global supply of BTC.

10k and back, I've seen it too. Haven't read up much or written at all. It will get better.

Of course we do.

But what if we're already rich?

I’m not half the man I used to be

I'm not a native speaker, as you know.
My first long-time association of the term "gnarly" is Bon Scott's voice, especially on this track.
More than just occasionally when i read "gnarly", i have flicks of memories of the song and/or his voice.

Legends.
I couldn't believe that Axl Rose is the lead singer of ACDC now.
Gotta have to give this a listen, though  

Happy Halving Hombres !

confirmed.

long time no see, mate. 

Yes we do !

Hey boys, happing halving! See you 2024 for 6-digit prices. Happy HODLing!  

Nobody knows what will happen

A little bit late but happy era 4 to everyone