Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9296. (Read 26713001 times)

Here we go... The next few minutes are critical.


Also, congrats gentlemand and hats off to infofront for its patience and good job. Fuck you fatty.

Oh and WB major! Nice to see you around here again.

Will it be airdropped 1 to 1 to all Merit owners on Bitcointalk?

From time to time, you come out with some real doozies, mindrust.

Based on my round about idea about the total size of your BTC investment, how  the fuck could you have anywhere close to 6 figures of fiat available?  You must be joking, right?  

Note: Remember this is the dollars/BTC thread so our general reference point is dollars, when we are referring to fiat.

Surely, I cannot tell you any kind of exact formula, but before anyone invests in BTC, they should have the rest of their life in order, and have their bigger bills paid and have their cashflow figured out for 6-18 months into the future.  Therefore, when considering what funds that they have available for BTC investment, they have the rest of those matters accounted.

Accordingly, you also said that you largely only buy BTC and HODL, you do not sell, so accounting for your own practices, you have also said that you DCA buy, buy on dips, and sometimes mistakenly FOMO buy.  Anynow, therefore, in the past 3 months, there have been all kinds of ongoing buying opportunities, so in that regard, I would be quite surprised if the value of your fiat should be anywhere close to the 20% or more of the value of your BTC.

Therefore, if you were to have 6 figures of fiat, then you would have $500k of value in BTC (which at current prices would be about 59 BTC  - that is $100k/.2  = $500).  

Something that you are saying is quite off, unless you had been largely contemplating and calculating some kind of gambling (overleveraging) move that would involve taking money from somewhere that you should not be taking it, in order to bet on bitcoin.  That does seem to be what you are contemplating/calculating.  In my thinking, those kinds of moves tend to be desperation moves, and not necessary in bitcoin, even if there could be some decent probabilities that they could pay off quite handsomely - even though personally, I rarely play those kinds of gambling approaches.**

**I will concede that from time to time (and historically), I have used zero interest credit card promotional moneys to increase my cashflow, and thereby buying bitcoin with a decent portion of that increased cashflow funds, so I am not completely immuned to a certain amount of leveraging/gambling that could have ended up going sour on me.

We got 200DMA back quietly btw. Now all we need is keeping it. Maybe It was really a weak hand shakeout.

Why would the bull market cancel itself now after all those golden crosses and while there are only 226 days left to the halvening...

Anyone wanna make a merit coin token with me? A competely pointless token with no function that will seem attractive for no reason. We could make millions

You made it to the ‘self made legendary’ status (1000 earned merit). I enjoyed when I made that, I have to be honest. People like LoyceV have a ridiculous amount.

Pah. The only thing written on my gravestone will be my merit count. Plus it'll be internet connected so my astonishing wisdom score will continue to accumulate even after worms eat my eyeballs and brain.

Other than that it's stats that are the true bottomless pit for merit. People seem to LOVE that stuff though I'm not so sure why, especially when most of the stats are about... merit.

I think the requirements are too low for the lowest ranks and too high for the middling ones. And also all legacy merit awarded on the inception of the system should have been stripped and binned long ago.

I had that crazy (maybe wasn't so crazy) idea in the morning. I was about to put the rest of all my FIAT (6 figures) to BTC but then I didn't. Did another small $200 DCA instead.

Isn't that a sure bet? I mean who doesn't believe here that BTC won't make it above 9k again? Last time I said these lines it was somewhere between 4k and 6k, and I still didn't buy (I mean not all in), and it damn went above 9k indeed.

From 8k to 9k that was %12 sure gains. (It is %6 now)

I totally agree that as far as life is concerned then Merit’s mean absolutely fuck all. We’re all here because of bitcoin, all we really need is for bitcoin to moon. I enjoy certain Merit milestones but overall I guess yeah, it isn’t too important.

Tell Vegeta to get ready.

Do you have a link to the source of that chart, or is the chart behind some kind of firewall?

You are sort of correct, Bossian, that merits are not the be all end all in the world... but they do tend to show which members are more actively involved in the community (this forum).. which may or may not be important to you from your own personal assessment of what is important in life.

Accordingly, if you just post whatever the fuck you like (or don't post, or just read various content), maybe you will get merits and maybe you will not.  There is no real compelling reason to focus considerable energies in the pursuit of merits for the sake of it, like you suggested, especially if you are otherwise comfortable with your forum posts, whatever level of acceptance you have in the forum and your chosen level of participation.

Boom soon?

Yeah... continue being an asshole.  That should earn you some merit.   

It is that the banking system, is based a lot on credit systems, and if they fail to comply they are able to leave people on the street, it is a system that is losing a lot of control today with the adoption of Bitcoin.

Yes electronic money is the great better than paper printed money also ctyprocurrency bitcoin easier better than bank.

https://twitter.com/Rhythmtrader/status/1178702941315829761?s=19

Can confirm that this week a family member and a friend seperately approached me to discuss removing their money from the bank. It's happening, people are losing trust in the system. They still see BTC as the more risky option so they're buying land as a move to preserve their wealth.

Yaah  @micgoossens same thinking to be agreed that...

I am touched by everyone's congrats. I'm actually planning a winter holiday there right now.

I'd only do it if I can stay in an authentic Jaywick prefab complete with spores that'll enter my lungs and always be with me. Sadly that's proving hard to find. Guess I could buy one. Even the ones for sale look suspiciously clean. I want rotten mattresses littering the outside and inside.

People on the raft are dressed in modern way: there's a mobile on the floor: they are banksters! they're trying to be save with the printed money... but the're going to fail. massively.