Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8519. (Read 26710098 times)

Sorry I can't understand you, but what exactly do you mean?
I have learned a lot of useful information from your posts, so I would love to read your arguments in more detail. 

Brace

monero cannot scale

Surely painful truths in terms of trying to figure out how to finance your living expenses (and sometimes merely consumption goods).

If we are over-invested into bitcoin, then we are more likely going to run into some moments of weakness, so likely we have to make sure that we do not get overinvested, and we have our living expenses covered and we are cashing out of our bitcoins on our own terms... part of the problem is that sometimes we believe that we need to shave off a few profits, and we do not realize that the UP party has just begun.

My dad was pestering the fuck out of my mom at $1,700-ish in early 2017 to at least cash out most of her initial investment into BTC.  I think that she partly conceded to his demands, but luckily she saved the larger portion of her cashing out at $14k-ish.,.... after the price was back down from its $19,666 peak... and yeah, would have been nice to cash out a larger portion at a closer point to to the top, but when the top is going on there is so much exuberance in the air that it becomes difficult to cash out when you are so tempted to buy moar.

ever hear of transaction fees?

Thank you for the tip!  
+ 1 WO`s merit

Brutal on your part, but fair.

P.S.
 Although I certainly hope for a strong medical development and life of over 100 years...  

P.P.S.
+ 1 WO`s merit for making a funny description of the problem!

https://youtu.be/96Ku56lKiX8 Q-ANON EXPOSED BY SAM HYDE!!!
but so much more than jus that. deeply funny

So if I understand correctly your argument is a small ongoing emission forever, that continues to make there a value in continuing mining is equivalent to instant infinite coins? or troll?

Who will mine BTC after no reward, in your opinion? robin hood?   or perhaps  The hooded claw. Whoever you will be at their mercy.

It ok you will all be retired, for BTC its later on. Bum

Doesn't that just make it a not deflationary asset?
 BTC is cool to use for accumulation, but it's a shame to sell it because tomorrow it will be more expensive than yesterday!

 And the Monero will always have a price formed by market demand. Won't it?

That would be worth 10 Merit’s at least
Faces covered of course

I think that it boils down to over-investing on hype, and not having a plan to either continue to buy all the way down or merely approach from a more reasonable dollar cost averaging approach - and none of them can be get rich quick schemes, because even the best case scenarios, it will usually take a decently long time to get rich (doesn't come quick).


How the hell are you going to get rich, if you cannot defer gratification?  There were guys showing off what they bought because they got a 3x return on a few thousand dollar investment... So, yeah, they get a nice toy for $10k when they cashed out at $700 or maybe they sold at $3k on the way up the first time around... Either way, there is NOT an attempt to employ a long enough time horizon...

And, seems to me that guys who are cashing out some value in the 4-6 year range, but only cashing out those older coins, are going to do much better.

I do understand that sometimes there can be some luck too... I mean, buying in the $250s to $600s and ending up with an average of $400 coins, and then cashing out a portion of them at $13k feels pretty damned good, in the event that you still have some coins, so you are prepared for more up, even if you are not sure about whether MOAR up is going to come.

In the end, NOT easy to HODL through so much of these difficult times and even long periods of consolidation... remember ONLY a few days of the year are UP days, and sometimes it is difficult to be in those UP days unless you are just IN all of the time..



hahahahahaha

You, julian071, are exactly one of the examples that I thought of when I was writing my above response.. a kind of bragging when the price went up and taking some profits... way too much and too early.

Regarding leveraging your house, that is very risky, and yeah, it worked out for Elwar, but he completely sold his house, instead of mortgaging it... so a very risky proposition, that is for sure.. and definitely a need to make sure that your cashflow is covered in the even that BTC prices do not go shooting up.

haha I want to save you

It has under performed a bit now and we shouldn't talk here.

JJG will have a knicker bunching problem.


I'm holding on for same reasons as these guys. We've seen better.


I don't see better looking round at the world only a decline.



I plan to spread the love.    But if that's not enough?

I need to create a RL gif actually

This moment the dude and his co-HODLing brother are witnessing a small-ish pump

Both taking our imaginary ukele And performing a small dance while stroking out ukelele

Gogogogogogo corn

Globb0 is your man for Monero.

https://bitcointalksearch.org/user/globb0-244243

It has unlimited emissions.  Which means it will perpetually underperform.  

Sadly, Monero is br0ke

Hey, WO`s!!! 

 Is there anyone here who can tell me what's wrong with monero? 
Of course, aside from the fact that the monero aren't BTC.


Otherwise, having learned all the information available to me about him, I have too suspiciously positive an opinion about him... 

It is clearly a rising doowopawiggabee.

Almost always indicates continuing confusion.

No. 

Mortgage money is money you cannot afford to lose.

Only invest what you can afford to lose.

No such thing as a triple top, lets break this now

This. Is. Bad.