Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7755. (Read 26710643 times)

I'm kind of thinking in the same terms. Win big, replace the wife with a harem of sluts, and live on a yacht. Or lose, and work at McDonald's until I drop dead, face first into the fryer, at age 83.

BTW, j/k about the yacht.

OMG some guy I used to work with called me today to ask "how to buy BTC". Sell now!!

me?

 What happened to you ?
 Blink twice if you are under duress.
 I have concerns.

I was thinking yesterday quite a bit...about whats going on in the world and specifically about bitcoin and its current price action. All of a sudden I had one of those moments of clarity that you strive for but so rarely come across.

I was thinking about the price correlation between bitcoin and legacy markets and all the negative economic news that will be coming down the pipe over the next 6 months as the world adjusts to post covid-19. I started to think about what if bitcoin was unable to de-couple and gets dragged down in the huge inflation crisis that is already baked into fiat and has been exacerbated by this pandemic. I wondered what my reaction would be if bitcoin fell below $5k...and kept falling...down to $3k...and maybe..maybe it got really bad...like total collapse..how would I handle it?

Thats when I had the epiphany. I realised that even if bitcoin fell down to $1k...or less...even down to $100 dollars..I would continue to do what I have been doing for the last 8 years...keep stacking sats. Then the moment became crystal clear for me..even if the price tried to go to zero..it never would. And when I say never...I mean that...bitcoins value will never be zero. If it drops down to a dollar or less...I would buy as many as I could...if it kept dropping..I would buy all of them. Yes...all the coin..I would scoop them up just to have them..just to say 'Look at me!  I have all the coins now!  I win!'

Now..maybe this is a character flaw...maybe Im a little bit nuts..but hand to God..in that moment of clarity..I knew it to be true...without a shadow of a doubt.

Then my keenly focused subjective reality expanded outwards...and I thought...'Well sheeeit'...there are at least 20 to 30 other crazy mofo's that I know personally who probably have the same plan. They will be trying to scoop up cheap coins by the bucket load if ever the price really tanks..its just not going to happen, I wont be able to get all of them...dammit.

The profound sense of relief that rushed through me was almost indescribable and was followed by a relaxed sense of euphoria that is still reverberating throughout my soul.

As the moment faded..more thoughts poured through my head. Out of the 8 billion people on this planet..I wondered if 21 million of us could or ever would put the value of a bitcoin at 7 figures or higher. Could there be enough other crazy ass fools out there who would pay almost anything to keep at least a million of their wealth secured by a bitcoin. I felt the answer shift from possible..to probable...and then to likely on large time scales. In terms of decades it seems almost certain...and with how things are going...maybe sooner.

Just my two sats for the day.  #dyor
tc

#stronghands

@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....

I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.

Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...

Cheers and be safe and happy with your decisions

This is a picture of Lazlo ordering a couple pizzas via the lightning network.

Umm...  Look at the marble fireplace?  Look out the window...

Does this look like the property of a guy who didn't have some BTC left behind after the famous pizza purchase?    (I couldn;t afford his BLINDS)

....(risk/reward ratio is through the roof compared to bitcoin).

So i forgot it. Nothing unusual, unfortunately.
My nick gives a hint to my fate 

At least you seem anything but greedy. I honor that a lot in people 

If I wanted to win big without losing anything, I wouldn't buy bitcoin at all.

I would buy shitcoins with my $50/week. (risk/reward ratio is through the roof compared to bitcoin)

No. Win or lose. If you are going to win, might as well win big. If you are going to lose, better not to lose anything. It is, ultimately, a choice. Are you a winner or loser?

No. Win or lose. If you are going to win, might as well win big. If you are going to lose, better not to lose anything. It is, ultimately, a choice. Are you a winner or loser?

I am back to my roots. Win small but risk small.

I mentioned my doubts above. If you can't find them still, go to my account and see my last posts. My doubts are still in place. Nothing really has changed there.


I am back to my roots. Win small but risk small.

OROBTC : there is nothing wrong with that...except it could have been a good idea to buy some back at some lower price point, especially as there has been several opportunities since then. Unless you spent it all on coke and hookers, that's OK too.

Just looked at my stock portfolio and it went up 7-8% in the last few days, and another 5% today.

Eerie correlation indeed.