Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JimboToronto (1)
I totally exected this because of Bitstamp's order book and other signs. How stupid on behalf of the bears to try a suicide dump like that. 
word.
This time it was easy, even for a noob like me
You are deemed as no longer a noob... hahahahaha.. you humble bumble (aka fuck).
So, who sold at the bottom girls? Hint: totally retarded, brain-dead, veggie IQ beartards!
Hint: totally retarded, brain-dead, veggie IQ beartards! Dude, what about veggie bulltards with memory loss, then?
Hint: I hodl
Sold a little portion above $50k, which was planned to be sold around $40, while a bit of it got sold in the $60k area already.
My carpenters only want fiat, that's why.
I agree that sometimes it can be quite difficult to plan for some of these kinds of future expenses or maybe even cost overruns or temptations to be willing to ride out the market.. but then when it is moving against you, sometimes it may well be better just to pull the sell lever, even if you end up doing it in a way that is NOT exactly correct in terms of best practices of selling on the way up.. rather than selling on the way down (or at some relatively low BTC price point).
But, like Jimbo correctly and regularly asserts, us longer term HODLers sometimes are going to need to sell some kind of chunk of our BTC because we need that cashflow for something that is meaningful and helpful for us (and perhaps we have exhausted other less valuable assets/cash in terms of Gresham's law considerations), and sometimes, the shorter term market circumstances might NOT be the preferable time to sell (relatively speaking)... but if you are considerably in profits with your BTC anyhow (whether that is 2x, 5x, 10x, 100x or some other variation of a profitable BTC stash), you might just have to do what you gotta do.. which is sell (or shave off a bit).
When I see a homeless beggar lying on the sidewalk with a cigarette butt in his lips and the neck of a bottle protruding from a brown paper bag, I see a taxpayer... alcohol taxes, tobacco taxes, who knows how many other taxes.
Taxes for the construction of the sidewalk. And for the street sweeper.
There are a surprising number of progressives / socialists here on what is a primarily a speculation forum
... for a libertarian project.
Bitcoin no doesn't care regarding your politics or your views about taxes...
In other words, all are welcome here in bitcoinlandia (not that any of us can stop "them" or "the others"), even if you are retarded and even if you are trying to impose your values and beliefs on bitcoin or trying to "destroy it" in one way or another.... Maybe you will get recked or run off in an emotional outburst (aka rage quit) when you perceive that bitcoin is not working for the values/beliefs of ur lil selfie.. blah blah blah.. and maybe bitcoin is going to say.. who cares.. go fuck ur lil selfie with a 36 foot metal rod, if you believe that bitcoin is ONLY x, y and z.. blah blah blah.