Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[philipma1957]

Debating to block buddies 3 bagger or not.

I guess I go for the block wtfn?

I am thinking this paid off 

[BitcoinBunny]

What a lovely little pre Christmas green dildo gift to all Hodlers from Santa. Thank you Santa.


Saw it mentioned here. The only way I would pay for Disney Plus is if Disney stops ass raping Star Wars. As in; stops making ANY more Star Wars of any kind.

I stopped Netflix a while ago.

I do have a poor man's version of Sky TV which is called NOW and its cinema membership. For some reason they gave me the free full HD upgrade + surround sound (so pathetic they split it) the next 6 months for free plus a discount to just £5 per month. So can't complain. Quite a few movies on there when I can be bothered to have a look.

I mostly watch Blu Ray as I still maintain the quality is superior compared to most streaming I've seen, mostly in the audio actually. On the PS5 disc edition it is quite glorious. Best way to enjoy my home theatre.

Will probably re-watch a couple of Christmas movies over the next few days: Scrooged, Home Alone, Christmas Vacation, Die Hard and maybe even A Wonderful life. That sort of stuff.

[vapourminer]

took 7k of my rescued coinbase money and got some gear.

get some yubikeys and make it part of your permanent kit. best 2fa yet, or close to it.

coinbase and gmail use it.

[arcmetal]

.... the 4 year supply halvening price cycle is dead

.... long live the S-curve adoption demand super cycle

Can't these be combined? Every 4 year the S-curve makes a bump up.

That would be the quantized S-curve of adoption.

[d_eddie]

...and pretty looking volume too

[ChartBuddy]

Explanation

[d_eddie]

Let me go out on a limb with a "downity before uppity"

<BatmanSlapShield>
Not that we need too, but I think we may be getting double crossed.

This beautiful pumplet with healthy volume could be followed by a sharp dump "casually" happening on the mother of all option expiries on the last day of 2021, which happens to be a Friday.
Meanwhile, covid data about the omicron blah blah, new lockdowns blah blah, economy going to the dogs blah blah, you know it all already (at least if you've been following the WO for any length of time beyond a few months.)

OMG disaster! Global economy will never recover! Corn is dumping! So doom, much cry! It was a bull trap! Sell sell sell! The last panic for the (very few) remaining weak hands.

Early 2022: the inevitable has been delayed multiple tiimes and cannot be postponed anymore. The sweet moonshot hugs the true hodlers left "holding the bag".
</BatmanSlapShield>


-Standard SOMA disclaimer-

[JayJuanGee]

For all those who says bitcoin is too expensive and they can't buy it and completely ignores as if stacking sats was never possible here is an infographic representation for them.

HOW IS DCA HELPFUL

You have two options :

1) Invest whatever you can through any means you like

2) Give excuses and be shitcoin maximalist that will give you nothing.

Bitcoin is future if you know you know.

Maybe before convincing any noobs, I would put in a time range that makes sense...  it shows 8 days backwards in time....

Also, many of the charts that I see about bitcoin is that you are not necessarily guaranteed any return, and sure there is discussion of the kinds of returns that you might get in a year in that infographic and even showing 355% returns for a year.. which seems quite well in the realm of wishful-thinking hopium.. .

Perhaps you might get returns of 355% after 4-10 years.. but even expecting that level of return even in 4-10 years seems to contain too much wishful-thinking hopium.. and even worse if you are expecting those kinds of returns in less than 4-10 years.

I would suggest 10% to 20% annual returns (CAGR - Capital Annual Growth Rate) after being into bitcoin 4-10 years would be somewhat reasonable.. while also realizing that level 10% to 20% is not guaranteed, either.. and also understanding that you could end up getting higher results than the 10 to 20% level.. perhaps?  perhaps?  

A large number of us who have been in bitcoin for a decent amount of time.. just say through a whole cycle of 4 years and maybe even in the ballpark of 4-10 years (and erring on the side of accumulation and HODL), and did not screw too many things up along the way have actually gotten CAGRs that vary anywhere between 30% and 150%.. Of course it is going to be harder to achieve those higher numbers even if you do everything right.  

I have recently created a spreadsheet in which I attempt to give myself some kind of approximation of my personal CAGR in connection with my bitcoin related investing activities, which is based on a bit more than an 8-year investment timeline and seems that my CAGR seems to be right in the ballpark of 60%... which I consider to be pretty damned good... yet there could well be guys who are able to show CAGRs higher than me within the 30% and 150% range.  I do have some screw ups in there.. by the way.

[Paashaas]

Bitcoin cycles continue to rhyme.

https://twitter.com/TechDev_52/status/1474122346231472130

[fillippone]

I thought Wachowski had already chosen no banana.

Or was that the joke?

I don't get the reference.
I thought the duct taped banana refers to this:

 
https://www.gq.com/story/suddenly-the-koons-is-this-100k-banana

[philipma1957]

took 7k of my rescued coinbase money and got some gear.

get some yubikeys and make it part of your permanent kit. best 2fa yet, or close to it.

coinbase and gmail use it.

I think I will as they would likely be more durable than a phone using microsoft/auth

[tertius993]

Debating to block buddies 3 bagger or not.

I guess I go for the block wtfn?

I am thinking this paid off 

I am confident it was my post earlier today … https://asktom.cf/index.php?topic=178336.msg58798796#msg58798796

[d_eddie]

took 7k of my rescued coinbase money and got some gear.

get some yubikeys and make it part of your permanent kit. best 2fa yet, or close to it.

coinbase and gmail use it.

I think I will as they would likely be more durable than a phone using microsoft/auth

You can run Microsoft/auth on any system, including an airgapped one. The auth keys can be backed up separately from your btc private keys or exchange passwords/keys. Seems almost equivalent to me.

[JayJuanGee]

Surely that picture is not depicting bitcoins.. perhaps satoshis or some unit that is smaller than a bitcoin, no?

...but the real mistake is doing DCA rather than "all in"!

Many Plebs do not have lump sums to invest, so sure there may well be advantages to lump sum, if you have it, but even if you have $12k, you might not want to invest the whole $12k all at once.. and of course, there's quite a bit of discretion in that.. even though we know that DCA can be a very powerful anytime get started strategy.. Lump sum is also not without its drawbacks, even if you have it as an option... One thing that is good about options is actually having them.. so in that regard, many of us can appreciate that if we have created options for our lil selfies (whether referring to our chosen investment in bitcoin or other things that we may have done in our lives to expand the kinds of resources that we are able to access in the event that we want to).

[philipma1957]

took 7k of my rescued coinbase money and got some gear.

get some yubikeys and make it part of your permanent kit. best 2fa yet, or close to it.

coinbase and gmail use it.

I think I will as they would likely be more durable than a phone using microsoft/auth

You can run Microsoft/auth on any system, including an airgapped one. The auth keys can be backed up separately from your btc private keys or exchange passwords/keys. Seems almost equivalent to me.

Yeah I decided to try a yubikey. I don't need it right away buy amazon had them and I have some gift cards on the z so wtfn?

Have to say thank god I had the microsoft auth.

Oh still trying to get the number parted back to me.

and still tracking down each and every account that used that number.

I do not think I am in bad shape with much wealth at risk at the moment.

It could have been a very shitty christmas for me.

oh tracfone said a huge amount of illegal porting happened this december so they are backed up fixing it.

[El duderino_]

Everyone spare yourselves from Matrix 4

Not gonna say more about it

Let me guess...

Neo is now a Mexican tranny in a wheelchair and Morpheus fights against the omnipotent white patriarchy together with the Smiths ??

You make it sound enjoyable compared with what I have seen.

[xhomerx10]

cinquanta

 

 cinquanta!

[Richy_T]

I don't get the reference.

The Wachowski brothers decided to become the Wachowski sisters.

[ChartBuddy]

Explanation

[El duderino_]