Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9727. (Read 26623248 times)

2001

West 42 St. and eighth Ave

EDIT: It's OCt 2001

OK then.

Here's the game: guess WHEN, win 5 merits.

That's a lot of coin!
https://whale-alert.io/transaction/bitcoin/9764816a81cdd42407355caf93c2cbeb8c4d5b605a400295aa1ff683bec3322f

I am not quite to that stage of comfort with my BTC investment.  I think that I am getting close to that, though.

I am anticipating that the amount of extra fiat that I will need on a regular basis in the future will reasonably be covered by 1% per quarter sales of my total BTC portfolio value.   

I had thought that I had almost reached that stage of comfort in BTC because tentatively I was going to be o.k with selling at the bottom when the bottom in late 2018 was still above $6k, but when the bottom suddenly dropped below $6k (almost in half), then I got a bit irritated with myself at that time for kind of presuming that the bottom was "in" and such bottom was still above my don't give any shits threshold. 

https://mobile.twitter.com/UglyOldGoat1/status/1154169121069658112?s=20

Tyler, hyperwave... is gone.

I didn't like his opinions lately but I still feel bad. R.I.P.

Edit

@jjg
@mic

I'll get back to you guys. In a few hours after work. :d These wall o texts ain't easy to read while at work.

Well, maybe we need mindrust to clarify the facts regarding this lil dispute then?

Seems that you and I are reading the facts different.

From my reading, Mindrust had already invested more than 20% of his investible assets into BTC.   Of course, the percentage of that overall percentage into BTC has gone up because of BTC's price appreciation and still could be decently over 50% (I don't recall exactly if he disclosed how much for the appreciation, but that is quite a bit).... 

I personally would not get too upset if total BTC proportion is higher due to BTC price appreciation as compared with how much he initially put in and how much he is continuing to authorize himself to invest on a regular basis.

The thing is that he continues to keep some kind of reserve fund for investing in BTC which he allocates for both regular dollar cost average buying on a regular basis (no matter what the price) and another portion of his allocated fiat that is dedicated for buying on dips. 

I believe that there is nothing wrong with his plan, but there seems to be something wrong with his getting anxious, on a regular basis about his plan.  I am starting to think it is his own personal psychological anxiety of feeling that he does not own enough BTC.   He wants to be rich before he is rich, so he is trying to rush it based on the total amount of assets that he has.  It is a kind of understandable situation.  Let's say someone has less than 10 BTC and they have spent a lot of time working his butt off to acquire that stash, but he would feel a whole hell of a lot more comfortable if he had more than 30BTC.. but such a thing is not really very realistic given his total financial situation.

Anyhow, I personally think that he is doing well, given his own circumstances, in spite of his anxiety, and I think that sometimes he does overinvest, too... which also causes him some anxiety that he could have used those same funds to buy lower, if the BTC price subsequently were to go down.

Ultimately probably the question continues to be a kind of wanting to do the best that you can with the amount of resources that you have, and even though he is doing pretty good, he would feel a whole hell of a lot better once BTC goes up more than 10x again or if he were able to increase his BTC stash by something like 3x, and then he would not need BTC to go up 10x in order to achieve similar results in terms of comfort levels regarding overall wealth.

Weren’t we barting for a long period during range - $3,500 - $4,200 before we had a real powerful surge upwards?

Maybe the same barting now before a big leg up to close 2019 in Q4?

I wouldn't be surprised if the bart pattern originated on this very thread, or was at least picked up early by someone here.  It is supposed to have first been seen in mid-2018, and it feels it's been on here about as long.

There have been daft patterns painted on charts here since the days of MagicMexican's 'Dyno TA' paintings, for those here with long memories...

I am so bored. not high enough to sell, not low enough to buy. But bottom line, we remain OVER 9000!

We should have some games. Dunno what, just something to pass the time.

Greyscale just published an intresting report:

Bitcoin 2019 Investor Study



Highlights:

Didn't know there was a word for that behavior, thanks for expanding my vocab.
https://cryptocurrencyfacts.com/2018/04/16/the-bart-crypto-pattern/

Or FUCK BART hat 

Probably a good thing, nobody wants an over heated bubble. The way it is now we have plenty of room fir massive movements to the upside as we get near to & pass the halving.

It’s a marathon we’re in, not a sprint. Slow & steady wins the race.


Observing you observing the observers.

Observing BTC @ 10,020 USD

Moderate barting. Doesn't feel like ATH times at the moment.

Put the ATH hat 

Observing again 4 digits.
Hope change in HAT is for a good reason, because mkt didn't like that!

sorry changing HAT for a few hours..... GOOD REASONs

Good morning Bitcoinland.

The battle for $10k rages on... currently $10132USD/$13303CAD (Bitcoinaverage).

Ahh... the dog days of summer (northern hemisphere).


I thought this was a well-known fact:

https://en.wikipedia.org/wiki/Hitler_Has_Only_Got_One_Ball

Guys, please, don't troll the troll. You are hurting its feelings.