Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9385. (Read 26710560 times)

Yeah.  I understand pobrecita, fatty.  You are experiencing a meaningful amount of difficulties getting used to coming back to bitcoin and understanding what it is like to be a bitcoin fan from your BIG blocker nutjob circles.  

Hopefully, you don't retrogress too much back into your earlier (and likely lingering) dumb-ass mindset.    


Oh gawd.  You don't even know how to read, or perhaps you don't understand the concept of a hypothetical.

Let me 'splain dis hypotetical thingie-ma-jiggie to you.  
 
You understand that I had said that even if I had bought all my BTC at $1,163 at the absolute top in 2013 (and other hypothetical cavemanIQ peeps, then my profits would be 8.73x.   That is be called a hypothetical because that is not what actually happened in my situation.  It was a way to give some benefit of the doubt to the price matters.   You startin to begin to understandin dis a wee lil bitty, now?  Fatty?  

I might need to insert my own eye-rolling pic here or perhaps insert batman,  and slap you upside into some kind of sensical state, if that is even remotely possible?    

Edit: 8.73x ?!?!?!!!! Oh, man! You really bought the absolute top, didn't you?

VB1001 already won  , . nice feet writing - No Foot fetishism- 

The vibe i get is, With big players comes manipulation.. some going to make fortune and many will not or they have to wait for their turn.

Umm... yeah.

Boat looks pretty badass.

Though I gotta wonder... If pouring coolant fluid on the 50BMG does not result in steam, then WTF is the point?

And immediately after the kike (((Larry Summers))) and friends at Digital Currency Group release that propaganda trying to trick the goyim into a digital only, cashless society slavery system where everyone is tracked and monitored, the price of metals immediately goes up right after they tell you to sell it.  Funny how that works, isn't it?

https://fortune.com/2019/05/01/drop-gold-bitcoin/

You have no authority here.   I got bitcoin and the mobility that it allows me to transfer value anywhere in the world.

On the other hand, you and your fucking gold in grandma's basement, to the extent that you actually have any gold, are surely a target for such physical confiscation and/or lack of mobility.  Also, have you actually verified that your kilo blocks are real?  Not too easy, is it?  How you gonna divide and transport those without detection? 

Better thing for you to do roach, is just transfer the value of them into bitcoin, while you still can, and while they still have some value.  Good luck.

Alexa, place JayJuanGee in the camp with the Jews.

https://twitter.com/lopp/status/1175113754406805510

Mining bitcoin can be deadly  

https://twitter.com/JamesTodaroMD/status/1175116654201790464

Good morning WO,s

Yea shit! "Bitcoin is going to Bitcoin!" I like it!
Bitcoin is going to Bitcoin!!!! Like never before , it is just going to keep on Bitcoin'in.

Got Bitcoin?

Haven't you realized by now, that bitcoin is going to bitcoin, and it does not matter in any kind of way regarding what I say or whether I convince anyone to buy bitcoin or not.  I could give any shits about whether people decide to buy bitcoins.  That is their choice.

I am here to share information about bitcoin, and to brainstorm with other like-minded folks.

Of course, have to put up with tards like you, in process, but even with your ongoing spouting of nonsense, there still tends to be a lot of decently valuable information that is shared in this thread, and along the way, I can also develop my ideas by writing them out and sharing them, too.

In other words, bitcoin is going to do what it does in spite of anything that I do or say.
 
As, you likely realize about me and my investment style and expectations, I don't need bitcoin to go to $100k or even to go beyond the price where it currently is at.  Furthermore, I have already resolved myself that at some point in the future, when I am comfortable, I can just start cashing out BTC at the rate of about 1% per quarter for the rest of my life, as long as the price is above $5k. Part of the underlying assumption is that cashing out 1% per quarter is not really very likely to eat into principle, so I am kind of presuming that BTC prices are going to continue to appreciate at least 4% per year, using $5k as a base starting out price.

   Of course, if I start to perceive that my life might be coming to an end, then I can start to cash out more than 1% per quarter in order to cash out principle.

I believe that all along my investment thesis for bitcoin has been relatively conservative, and in 2013 when I started buying bitcoin, I had hoped that over the long term, I would be able to achieve at least an average of 5.5% per year return on my BTC investment, so in almost all measures, this bitcoin journey has been way the fuck more successful than I had hoped for in terms of minimum expectations.  So the extra returns are just icing on the cake, and surely BTC prices would have to go way below $1.5k per BTC for me to start to question whether I had made a bad investment.  How likely is that?  Does not seem to be too likely, even though you keep on spouting off about bitcoin being a Ponzi scheme which presumes that it is going to zero (or close to zero). 

Your continuous spouting about such supposed bitcoin Ponzi scheme is not going to make it more true, unless it happens, which seems quite unlikely, perhaps less than 5% in the next 10 years.  And, what the fuck do I care after 10 more years?  I will continue to have been cashing out, and likely have gotten back way more than my initial investment including still having BTC and an investment that is valued more than my initial investment, even supposing a 5.5% per year return.



Hopefully people have learned in 10 years about what bitcoin is, and even been able to see how bitcoin has been playing out.  Yeah, Donald says that bitcoin cannot scale, but it can scale and it has been scaling.  Donald would have been correct to be skeptical, but he is also speculating about something (bitcoin) two months before it even started to deploy, and years before it was even attempted to be used.  Even my views about bitcoin have changed in the last 6 years based on bitcoin evolving as a phenomenon including adoption of segregated witness and transaction options that are enabled to be built on the second layer. 

Of course, a decent amount of bitcoin's base ideas are the same, but there has been learning and tweaking along the way, too.  Bitcoin remains a quite strongly verified by facts and experiences and tweaking of the code phenomenon including network effects that have building and growing around it that should be taken into account when comparing something that was said in late 2008 and something that has actually been implemented with more than 10 years under its belt in late 2019.

Oh yes, he now says all the same things I do about Bitcoin, so that means because he's not attempting to promote the pump and dump scam for JayJuanGee to profit on from fraud, he must have zero credibility and be a complete nutjob:

Yes.   Add another nutjob to the mix in order to assert that you are not the only nutjob.

I have been giving you the benefit of the doubt, roach, and you just seem to be in a fantasy land, ignoring the reality.  

Bitcoin is the real deal.  It is NOT merely some made up bullshit, like you and your other no coiners spout it out to be.

So, still, the facts do not seem to be on your side in this one roach.  You can proclaim all that you want and you can say that you have been saying this since 2016 when you sold all your coins at $700, and in the end, you have just missed and you continue to miss the investment opportunity costs in bitcoin.  Sure, I will agree that your criticism likely applies to the vast majority of snake imitator altcoins, but bitcoin is the leader in this arena, with the mining power to back it up... Mining power is concrete, just like that shiny piece of gold in your hand is concrete... yet bitcoin is much more portable, divisible, verifiable, and less costly than that shiny piece of metal in your hand, especially when you start dealing with larger amounts (such as in the tens of thousands), and that is also when you are quite happy to be able to store your bitcoins in a variety of ways and thereby choose whether to store them, send them and how to accomplish such is largely available to you with the mining power continuing to provide the ability to verify the access to the coins that you control with your private key(s).

The fuck made you a fuckin' cop?

Door's that way, take your asswipe kids with you shitnozzle.

There were plenty of people making money long on Enron and Pets.com just like Bitcoin.  The main issue I have is the people who make the claim that anyone who exited and made money before any of these scams blows up is somehow "smart money".  Smart money is based on fundamentals, not gambling, fraud, or being a partner to defrauding others.  That would just be...fraud, not 'investing'. 

You pretend I'm some type of outlier for saying it's not even possible to create a decentralized digital currency, and that Bitcoin is a designed to centralize scam with built-in, rent seeking middlemen, and doesn't remove counterparty risk, useless compared to physical metals.  Yet, this guy, who also started saying similar things long after I began saying them, seems to agree:

Yeah, but some of us are getting rich along the way, too.  Of course, if BTC were to suddenly go to zero, as you would like to hypothesize, or even bleed to zero, then many of us true BTC believers would get screwed because we would be buying all the way down.

Bitcoin has been going on for 10 years (this ponzi scheme that you want to hypothesize), and there have been quite a few people cashing out quite well along the way, too.

Let's say that the ponzi scheme goes another 10 years or 20 years... gosh, even 5 years, CavemanIQ guys like me, MicG, and other hodlers are likely going to still benefit stupendously, no?

Your ponzi scheme assertion just does not seem to make a whole lot of sense when we extrapolate it out another 5 years or more.

I will actually agree that for anyone getting into BTC, and if they do not have at least 5 years to build up vast equity in BTC, then they might not have time to cash out.  Also, some younger guys (and gals) might not be ready to retire, so they may need to cash out some BTC along the way in order to insure themselves from NOT benefitting from the BTC uptrends.  Anything is possible, but the facts don't really seem to be on your  side here, roach.  So if the facts are not quite there, then your ponzi scheme logic does not fit, either.

Hm?  You had been waiting for sub $9k and even sub $8k for a couple of months, right?, but you decided to buy a little in the sub $10k arena.... NOT bad to hedge on your buys and your cashflow a bit and not to get too greedy, especially when there seems to be some difficulties towards testing support again at that $9,049 local bottom, right?

I surely don't know the odds, but likely many of us agree that the $3,122 bottom is in... and gosh, it just seems more or difficult to assert that we need to test below $9k.  Would it be 50/50 currently?  I was preparing to get a little bit worried about a test of support at $7k, but now that is seeming like low odds, maybe less than 33.3% (1/3).....?

This is completely normal in pump and dump scams, Ponzi schemes, and pyramid schemes.  If people like you did not exist, the aforementioned scams would never work and we would have no word to describe their existence.