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

You guys are so rich now. It's embarrassing. I hope you're giving to the poor. Angry

i have to walk to the local bank on a daily basis (part of my job). there are beggars sitting on the sidewalks. i always gave them change. since december, when price rise started to accelerate i decided to give em more as long as bitcoin is rising. not long ago i had to start handing out 5 notes which raised some eyebrows. last week i switched to 10 notes. they must really wonder what kind of freak i am, because next week i will start with 20 bills and if this sucker keeps rising there are still 50 and 100 bills. not sure what price level must be reached until i pull out the 500 bill. but i am commited. Cool

Good lord! How many BTC you have? Nah, forget the question. I hope you are already converting some of your profits to FIAT (or you already have enough FIAT/Real estate just in case shit happens) if you have already reached your "richness" factor.

Congrats!

It would be a better choice to convert profits into gold instead. If you don't need to spend it yet, the only thing you should convert to is something else that's stable and has a limited supply.

Trading is fine but IMO when you're withdrawing significant amounts, spending or going for gold are usually better choices.

"limited supply."

My 2 cents are that investing in water is much more safer than gold.