Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9964. (Read 26710039 times)

You can all thank me, every time I sell some coins, the price jumps.

So, BTC is back up. Fitting nicely into the fib channel (whatever that means), still on the parabolic curve (whatever that means), retracement is not complete (whatever that means), news hawk continue to shank bitcoin so their employer can maintain the ad whore levels, and I don't care. Bitcoin is going to go where it wants to go. Namely up. Maybe a few dips and divots from time-to-time, but the future is decidedly up.

Now, a serious question with a few caveats: Caveats first. I'm gonna go out on a limb and assume that the population of regulars on the WO are spread, somewhat, along these lines: ages 20s 60%, 30s 15%, 40s 15%, and the remainder 50s plus. The percentages don't really matter all that much, they just help me visualize the group as a whole.

Now, again, I believe that most here are what I would call 'bag holders'. Those who have accumulated a stash and have no plans to divest any substantial amount. You do realize that you are the bankers of the future, don't you?

So my question to you all: Have you considered your exit plans?

I fit comfortably in the smallest percentile by age, so this is something for me to seriously consider. Right at this moment I believe that I will begin to withdraw fiat in small amounts when the price stays at 20k or above. Considering my current health, I believe that I have some ten, or so, years to withdraw most of my coins. I have already done some estate planning so that my administrator will, hopefully, know what to do when I pass.

Side note: I've tried retirement twice. It didn't stick either time. Too much time to do nothing much. Youth is wasted on the young.

So, what are your exit plans?


/OG

I can’t sleep, it’s really hot. Just picked up phone & caught this pump. Might stare at charts for a bit.

Still awake to see this pump

Going into that very very very early HODLsleep

Goodnight WO-bro’s

Btc keep up the pump

BoB please do please your Karhu!
Its just needed for us all.

There is a simple solution to that. Leave nothing behind.

The only people suited to inheriting wealth are the kind of people who are able to create it in the first place. So raise your kids to be that kind of people and never worry about the future.

True. I see a future when BTC price goes (perhaps) parabolic again and again,

then, likely, my descendants will be using that exact same phrase.

"Don't you have fields to plow peasant?  Tax time is coming up."

Is that not how that saying goes? The first generation makes money, 2nd generation maintains money, 3rd generation pisses the money away?

Damn, they will likely be 'assholes', perhaps this future Bitcoin Parabolic wealth should go to my cat? hmmmmm?

Brad

Bitcoin yearly candles with price chart background
Bitcoin is up 206% YTD

https://twitter.com/ChartsBtc/status/1146424655349075968

See now you saw what I saw.


Then I imagined that table of the percent increase per year.


=Mismatch; how do they get away with it?

Bitcoin is the 'perfect' story to sell papers or get web site eyeballs on your web ads.

story 1

Bitcoin is great the 1/2 of the public who think this is true buys into this media...the other half also buys in case they are wrong and bitcoin is a scam!

story 2

Bitcoin is a scam the 1/2 of the public who think this is not true buys into this media...the other half also buys in case they are wrong and bitcoin is a not a scam!

Rinse/Wash/Repeat

The stories 'write' themselves in a good/bad back and forth, easy content, easy money. This will be the case forever.

Also, the more DRAMA like Craig Wright the 'fakesatoshi' the more volatility...the different threads you can branch off for stories on either the great/scam threads above

thus multiplying the eyeballs to your advertisements.

Bitcoin to the news media is ALMOST as good as a cute little war, not quite, but close.

Literally this.

The dollar has lost something like 98% of its purchasing power since it stopped being backed by gold. But wealth does not simply disappear. It is transferred. This is the greatest theft from normal people to the wealthy elite in all of human history. And bitcoin is the antidote.

At the moment, I am not very impressed by the lower highs and lower lows.
That said, it would be nice to pop up above 12.5K (so i can lose yet another Q game, lol).

I am prepared!!!

Funny bastard. 

Also to be fair, Arthur Hayes is a slippery cunt

don't think anyone was attacking you, congrats on the job.
anyway, it is more complicated
seems like they just want rid of ig-alikes but realise they can't overreach, so in fact simple and deribit will still be usable after all?

Ooooh  wooooah loads of people scrambling to attack back.

I just started back in city this week. I am sharing with you what I saw.

Not endorsing the message here.

Subtext London prepared to be left behind with ban -less its truly more complicated

If Mr. England needs any help with Arsenal's latest match, whiskey tasting, and bitcoin, I volunteer!  Hell, I'll do the whiskey tasting article pro-bono, but that may prevent me from getting to the rest of the story.