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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9643. (Read 26608133 times)

hero member
Activity: 994
Merit: 707
I suspect the domestic terror threats of the next decade will be incel shitcoiners (every coin but Bitcoin) killing innocent nocoiners for not adopting their shitcoin.

Bitcoiners wont be affected bc of the ability to afford the best security sound money can buy.

via Imgflip Meme Generator
legendary
Activity: 2702
Merit: 2053
Free spirit
How long do I need to watch it for?

you'll know

I do feel fitter.

I imagined all sorts of exercises.

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Godbye 4digits  Cry
Frankly, I feel sorry to all this guys waiting for sub 9K. Last seconds to join the train. Grin

JSRAW?   Can you confirm this assertion?    If JSRAW does not confirm, I cannot put much higher odds than 50% that we will never see 4 digits again.

Of course, the lower you go, the less probable... So yeah there have been quite a few people looking for below $9k, and jesus, we were already at $9,049 which would have been about a 35% correction from our $13,880 local top.  Why the fuck expect more than that?  Yeah, sure a larger correction can happen and it still can happen, but it becomes a bit more difficult to happen when the gap is becoming BIGGER in the UP direction rather than approaching those various hopium buy points that are sub $9k and even going below $5k.. maybe, maybe, but I would not be putting too much expectations in the "necessity" of those kinds of down plays.
legendary
Activity: 1806
Merit: 1164
People tend to forget just how speculative bitcoin really is. Sure it has been around over ten years but it is still a grand experiment and experiments fail sometimes. I tend to think in 5 years bitcoin will be either be worth more than $50,000 or zero. If Wall Street can make money from it that is a powerful force to keep bitcoin alive. Sure it is decentralized but governments can shut down the on and off ramps like Coinbase if they decide bitcoin is a real threat to fiat. Or regulate them to the point price crashes.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Happy speculation, I will probably check in after another 3 years.

For you, 3 years might even be too frequently - even though it can be good to get an update from known personalities from time to time.

Someone asked me how come an OG like me is into altcoins.........

Self assigned status.... lovely.  One of your ongoing tone problems.


don't be stuck in that echo chamber of maximalism, be a minimalist on maximalism because it is becoming a cult.

Unsolicited advice is going to get you a long way.

Ask yourself what is the goal behind your involvement in this space, then be agnostic about it.

This, here, unsolicited advice might be a bit more pragmatic, which is to try NOT to get too emotional about your finances.  In other words, if you structure your finances in a certain kind of way that protects you from price movements in either direction, then it is less likely that you will get emotional when the price goes a bit beyond your expectations, because it is also good to protect yourself emotionally (and financially) for extremes, too.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Yeah, I much prefer incremental steps. I’m not in the mood for unsustainable pumps because we all know what happens after them.

I love unsustainable pumps. Make $ on the way up, corn on the way down. Yummy.

nobody can do it on sustainable basis as it does not tell you where it will go.
sooner or later, you would lose.

For some value of 'lose' that has nothing to do with my personal situation.

Can you elaborate, jbreher? 

I personally believe that with laddering, there is hardly any ways to lose unless you are setting your amounts wrong or if the BTC price goes down.  How else can anyone lose?   Unless you are measuring on a shorter-timeline perhaps and you need the money right away... for example when BTC's price is going down...

I mean if you were to have a 5-year timeline, let's say, and you did not need your invested money for 5 years, then wouldn't it be much more difficult to conceive ways that you could lose with laddering, unless the price of the BTC were lower at the end of the 5 years. 

Of course, you could also conceive that any time that you are buying BTC, that if you give those BTC at least 5 years before you again sell them (even while exercising a laddering type approach), then it is difficult to conceive of ways that you would lose in that system either, unless at any point in time 5 years after any buy that you make, the BTC price is lower than it was 5 years earlier. 
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Sunday sobered up.
Bitcoin looks good as always.
Fast food here I come....
legendary
Activity: 3780
Merit: 5429
I'd like to see any of these shitcoin lovers that come and grace this thread, answer this one question:

If Bitcoin functions securely, has the most and widest user/broker/exchange/merchant/miner support, and does everything it needs to do for both e-commerce transactions and SoV, why look elsewhere for anything else?

If you can't answer honestly without throwing in " 'cause speculation reasons", then you are full of shit. Because outside of that, trying to get rich on a flyer or something, you'd have no valid reason.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
"How do we stop humans from hurting each other?" is the naive question, plus the solution is simple - restrict everyone's freedom to the point it becomes physically impossible.
A more nuanced question would be "how do we prevent humans from wanting to hurt each other?"

https://twitter.com/lopp/status/1158037245204619264?s=20
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Godbye 4digits  Cry
Frankly, I feel sorry to all this guys waiting for sub 9K. Last seconds to join the train. Grin
Bullet train is waiting there,buy your tickets soon or you won't reach your destination in near future.

$50K is on the way. Cheesy (seems too much)
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
happy 11k (again)!!!!

Hello eleven.
Sun-temp rises, price follows...
New correlation?
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Good morn Bitcoinland.
Eleven thousand greenbacks.
Five figures are good.
member
Activity: 234
Merit: 46
Godbye 4digits  Cry
Frankly, I feel sorry to all this guys waiting for sub 9K. Last seconds to join the train. Grin
hero member
Activity: 968
Merit: 624
Still a manic miner
happy 11k (again)!!!!
full member
Activity: 141
Merit: 102
member
Activity: 232
Merit: 29
incoming pump! 10980!
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
hero member
Activity: 968
Merit: 624
Still a manic miner
legendary
Activity: 3010
Merit: 8114
No one will use company/foundation/corporation/country/whatever owned coins. Specially with alternatives they have.

Data show otherwise, Beam average number of transactions daily is much more than Monero and definitely more than Zcash and Grin combined and it is growing daily, again I am not trying to convince you anything, just get your facts straight.

So you are equating daily transactions with real-world adoption. What is this, amateur hour?

Someone asked me how come an OG like me is into altcoins, the truth is that I joined this space for 2 things: interesting tech and making profits, and after 7 years I am still looking at all kinds of tech and trying to make a living off it at the same time, so all I can say to you guys is don't be stuck in that echo chamber of maximalism, be a minimalist on maximalism because it is becoming a cult.

It has nothing to do with that. We (for the most part) adhere to a strict principle to avoid petty arguments like the one you want to have right now: there is bitcoin and then there are shitcoins. There's no middle ground. There is BTC and then there are shitcoins. Given the extremely slow rate of adoption of cryptocurrency, I think this is a fair approach. Hundreds of coins have merits not necessarily shared by others, and can be argued to be of potential widespread use someday.

However, saturating the public with a flood of coins only leads to misunderstanding and skepticism. Ergo, we should concentrate on bringing bitcoin more into the mainstream first, increasing use case scenarios, adoption, etc., and once BTC has broken free from being largely speculative financial instrument, then altcoins can find their niches and be of true value to society. Right now, outside of an arguable handful of them, they are not.

Ask yourself what is the goal behind your involvement in this space, then be agnostic about it.

Frankly my main goal is sussing out liars and charlatans as I happen to find it a fun hobby. I'm not saying you're either, you just have a lot to learn. I make a 100% living off cryptocurrency, but not in the way you hope to.
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