All posts made by nor9865 in Bitcointalk.org's Wall Observer thread
1.
Post 10386895 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.57h):
^Incisive market analysis.
Which has no value at all!!
2.
Post 10386943 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.57h):
Please don't quote the homophobic troll.
He did have a good point actually. A lot of analysis is bullcrap.
3.
Post 10386993 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.57h):
10:42AM EST
Any explanation as to what Im looking at?
4.
Post 10424653 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.57h):
bears have to try harder if they want to break below 200...even 210 is too far away
walls moved slightly higher
Breaking up 220, lets see those 300 again
first 230...but it is looking good...a decent increase would be a relief
I know I was expecting higher highs
Be patient and some highs will occur.
5.
Post 10456820 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
Where the trolls at?
**Sub 200**
**double digit coins**
**BTC is dead**
AHAHAHAHAHAHAHAHAHA
Coming back when there is a tiny dip
6.
Post 10456833 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
Any TA gurus want to post some downtrend breaking targets? I have about 285.
I would say $350. Yes, this is not over yet.
I say we won't break $300, maybe less. There is no reason for this rise, just another whale wanting to make quick cash before dumping.
7.
Post 10456838 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
Where the trolls at?
**Sub 200**
**double digit coins**
**BTC is dead**
AHAHAHAHAHAHAHAHAHA
Most of my stash was bought at upwards of 400 dollars.
I have no choice but to HODL.
I'd rather lose it all than admit failure.
400 USD seems so far away.
Jeez.
Hey, don't look at me. You asked for trolls.
Not a troll
He's just saying that he will hodl and not sell.
Also shows he is faithful to BTC.
8.
Post 10456873 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
Great increase i would say.
So would anyone
Let's hope it holds, I doubt it though.
9.
Post 10457061 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
Kind of holding up.
10.
Post 10457300 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
Are trolls waiting for the price to drop 3$ again to start posting?
Probably.
No, when the price drops $1 from now.
11.
Post 10457310 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
Buy walls seem to be holding up. Not exactly a wall but a steep slope.
12.
Post 10457334 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
Buy walls seem to be holding up. Not exactly a wall but a steep slope.
Please stay on topic.
Am on topic.. Aren't we supposed to be discussing the market? Bitcoin price movement and discussion..
13.
Post 10466758 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
Awoken with a sore head after some excellent wine last night.
Price holding up well considering yesterdays exuberance.
Down $10 though.
14.
Post 10469894 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
OK. Enjoy your fiat. I hope you receive all that you deserve.
Did you hold through this entire yearlong+ plummet or what?
Yup! Just mining and holding.
It's not like I've got a life-changing amount of coins anyways, even if the price gets back to a thousand it still won't change much.
For me it would.
15.
Post 10469978 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
It would be pretty funny if we end back up at 260 in a few hours
Although I wouldn't be surprised one bit
I doubt that's gonna happen..
16.
Post 10470054 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.58h):
It would be pretty funny if we end back up at 260 in a few hours
Although I wouldn't be surprised one bit
I doubt that's gonna happen..
All I'm trying to say is you never know. I don't think that he odds of revisiting 260 are higher than dropping below 230
I think its the other way around but who knows, with bitcoin.
17.
Post 10535550 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_13.59h):
Why can't the poll be , over 260 on the weekend
So far so good though, no bear whale has brought us to sub 200.. Yet..
18.
Post 10565758 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.00h):
Slow market day today
19.
Post 10565825 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.00h):
Slow market day today
You know what they say: any day above ground is a good day...
We're slowly reaching the ground :/
20.
Post 10565902 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.00h):
Steady grow upwards, at a stable price.
We're in for $6-$8 drop at about $250 (in three or four days), I think.
$6-$8 isn't much of a pump and dump tbh. We see that with daily volatility.
21.
Post 10565990 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.00h):
Slow market day today
You know what they say: any day above ground is a good day...
We're slowly reaching the ground :/
Really, there is no ground. We will lift off 50 metres off the ground, if incase it even reaches there.
I hope $200 is the ground and this is where we fly up!
22.
Post 12886753 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.31h):
everyone log in and think really really hard as to whether you should buy or sell 468.0 USD / BTC
Why do you think they're is going to be a correction to 300s?
cuz i don't think we'll go up another 100$ in 24hours
...and the bubble explodes.
whoever the sharks are, they have made a lot of money on the past 5days.
now the price is going to drop under $200. then climb back to $230 where it was
23.
Post 12886939 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.31h):
So many noobs will sell everything on a 6% drop and miss bubble 2.0 with 1/10th of what they could have lol. Sell away noobs.
if all the noobs sell like you say, the price will hit the deepest bottom since gox
24.
Post 12887109 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.31h):
in a country of 100 million people,
if i convince every young adult to buy 1 bitcoin, will that drive the price of bitcoin up due to demand?
say 2 million young adults says yes,
they are going to make shift into buying, one after the other buying 1 bitcoin every 10minutes....
25.
Post 13682105 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
can anybody has a decent explanation about why the price is moving up and down $388 to $405???
26.
Post 13682616 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
if it reaches $1000 i will dump 150btc, call it a day and do something else with my life. even if it reaches the sun later, no regrets. ive tried enough
27.
Post 13683612 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
I need to cash some out, I don't need the moon at this point. I'd settle for low geosynchronous orbit.
im cashing out 40btc in a few days and the 150 i will have left, i dont need that much cash for the time being. ill just keep it if it rockets i will dump later, if it dies i will be happy i was part of the biggest event that happened after the big bang.
28.
Post 13683652 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
can anybody has a decent explanation about why the price is moving up and down $388 to $405???
for one thing: price cannot go below 350 .. or below 300 ... its hovering in the rest spot safe zone where it is too high to buy and to low to sell ... bitcoin is in gimpmode right now cuz of blockchain cant scale and the halvening .
there is no such thing as cannot. am sure you want to say must not. (ill give you the benefit of the doubt for that one)
and IMHO if it goes slightly under $380 you will see dumps coming from nowhere and shooting the price down $300. TBH if it does reach $380, ill run to dump 40 ASAP.
29.
Post 13685598 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
Massive pumps in tons of alts. Doge +76%. Some others less known +117%. Someone has a theory to explain this move?.
This doge is soo shortable that im tempted...
killing bitcoins pushing altcoins up and then when btc price is half down it is now, buying a lot of btc and then killing the altcoins again. its just a profitability issue for whales
30.
Post 13685729 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
if the recent dev who quit bitcoins and has dumped all his coins is behind this, i *may* have an idea about the strategy he is using. let me breakdown (its still just speculations)
since he has sold all his btc he has liquidity, plus he is now on the banking side. which means he may or may not use his insider knowledge to push bitcoins down to the drain (as bankers have always been trying to do)
so what he *might* have proposed to the bank is the only way to make people less attracted to bitcoins is by pulling its price down, how to pull it down is by pushing altcoins up. pushing altcoins up will make people more interrested in altcoins than in bitcoins thus dropping its price stability (more or less stability it was having at $400+)
then when bitcoin price is totally at a point people wont be interrested in and altcoins price have risen over bitcoin price, they *might (if they did buy) * just flush all the altcoins down the drain and that would be more or less the end of the cryptocurrency era until something else happens which makes it resist.
possible people who will be profitable with this scenario is the dev who is now working with the banks and the banks since they will buy very low and sell very high.
well of course i may not have enough knowledge about cryptocurrency to be exact in my claims but if we speak about "finance" this is how its running in my mind for a possible explanation about whats happening.
there is also the fear that btc will go below $380 in the mind of people. if btc doesnt stabilise at $400+
i myself will start panicking since i recently (few months ago) bought a lot at $221 and $238
now if its at $380 i will still be 100$+ profitable over each btc i have but speaking about finance and profitability, for me its a $25 loss that i will be looking at. and i will start dumping with the crowd who will most probably be doing the same at $380.
31.
Post 13685746 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
Chinese Mining Pools Worried About Immature Segregated Witness Proposalhttp://www.newsbtc.com/2016/01/26/chinese-mining-pools-worried-about-immature-bitcoin-core-block-size-proposal/As if the Bitcoin community was not sick and tired of the ongoing block size debate just yet, it looks like the Chinese miners have come to a consensus of their own. The plan is to reject any forking of Bitcoin that does not gain 90% consensus or more while still favoring a 2 MB block size increase. During a recent meeting between mining pool operators, various security concerns associated with Segregated Witness were raised. It looks like Bitcoin Classic is winning this “race”.
what will the outcome of bitcoin classic have over the actual up and down price?
32.
Post 13687470 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
any idea where i can sell 40btc at preev price?
transfer to me should be by bank transfer.
also, i agree with a statement made up the post. i am going to sell 40btc and keep 150btc. i do have a feeling that it might go up but i have to save my ass from getting burned too much of what i can afford to.
33.
Post 13688002 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
www.Circle.com or
www.Coinbase.com are easy solutions with minimal to no fees. You can also use
www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
if i get preev price, ill got with it.
34.
Post 13688058 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
www.Circle.com or
www.Coinbase.com are easy solutions with minimal to no fees. You can also use
www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
if i get preev price, ill got with it.
I'm sure this is all above board. Why don't I just wire you the money?
i dont understand? o.O
and also for this amount i would believe 2 escrows would be required (you pick and discuss with him)
if there is no change in the price going upwards in the next 48hours, am dumping 40.
35.
Post 13688750 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
www.Circle.com or
www.Coinbase.com are easy solutions with minimal to no fees. You can also use
www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
I thought that he already said around $280, so even selling at $380, he would be up $100 per BTC.. something like that.
ohhh he meant at what price i bought them. sorry i thought you said at what price i am selling them..
36.
Post 13692107 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
www.Circle.com or
www.Coinbase.com are easy solutions with minimal to no fees. You can also use
www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
I thought that he already said around $280, so even selling at $380, he would be up $100 per BTC.. something like that.
ohhh he meant at what price i bought them. sorry i thought you said at what price i am selling them..
I'm not going to go back through the posts, but my recollection, more or less, was that you asserted that you hold about 190 BTC, and you were becoming somewhat anxious regarding when to sell them.. but also Peonminer was asking you about your average buy price.
I had understood that you had made a couple of purchases, and that your profits would be around $100 per coin, if you sold at current price.
I don't recall whether you specified if that was your average buy price only for the 40 coins or if your total portfolio had an average buy price in the upper $200s.
You know many of us who have been buying BTC for a while, and even trading BTC to some extent have made a large number of transactions, and we come up with a variety of ways to attempt to calculate our average costs per BTC and the extent to which we are profitable or not.
I personally think that these profitability considerations are all valid, and also, I am totally accepting of the fact that posters have a considerable variety in their ways of calculating their investment in bitcoin and the extent to which they may be profitable or not.
You do not necessarily need to disclose either your total number of coins or your average buy price or your framework; however, sometimes it can be helpful towards considering what to do and how to perceive your situation... and peonminer was asking you about your average price per btc for your whole BTC holdings... which is up to you whether you disclose such details.
oh right, no i dont mind disclosing, its considered as informative.
100 below $230 and 50 between $230-$245 (banked a large cash so converted a portion) and around 40.69 between $260-$290
thats why i wanted to sell a little bit over $400. i would feel more profitable. but still, in about 24hours, ill drop maybe 30-35coins. just to get a little bit of liquidity and the rest i will keep them (for the time being because the situation is not yet critical critical) but if it drops to $380-$385 am dumping all and do something else with my life.
37.
Post 13693973 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
www.Circle.com or
www.Coinbase.com are easy solutions with minimal to no fees. You can also use
www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
I thought that he already said around $280, so even selling at $380, he would be up $100 per BTC.. something like that.
ohhh he meant at what price i bought them. sorry i thought you said at what price i am selling them..
I'm not going to go back through the posts, but my recollection, more or less, was that you asserted that you hold about 190 BTC, and you were becoming somewhat anxious regarding when to sell them.. but also Peonminer was asking you about your average buy price.
I had understood that you had made a couple of purchases, and that your profits would be around $100 per coin, if you sold at current price.
I don't recall whether you specified if that was your average buy price only for the 40 coins or if your total portfolio had an average buy price in the upper $200s.
You know many of us who have been buying BTC for a while, and even trading BTC to some extent have made a large number of transactions, and we come up with a variety of ways to attempt to calculate our average costs per BTC and the extent to which we are profitable or not.
I personally think that these profitability considerations are all valid, and also, I am totally accepting of the fact that posters have a considerable variety in their ways of calculating their investment in bitcoin and the extent to which they may be profitable or not.
You do not necessarily need to disclose either your total number of coins or your average buy price or your framework; however, sometimes it can be helpful towards considering what to do and how to perceive your situation... and peonminer was asking you about your average price per btc for your whole BTC holdings... which is up to you whether you disclose such details.
oh right, no i dont mind disclosing, its considered as informative.
100 below $230 and 50 between $230-$245 (banked a large cash so converted a portion) and around 40.69 between $260-$290
thats why i wanted to sell a little bit over $400. i would feel more profitable. but still, in about 24hours, ill drop maybe 30-35coins. just to get a little bit of liquidity and the rest i will keep them (for the time being because the situation is not yet critical critical) but if it drops to $380-$385 am dumping all and do something else with my life.
So your average buy in price is quite a bit less than what I had initially thought that you had said..
Anyhow, based on what you said, I will place your average buy in price around $245 per BTC, and your total amount invested around $45k.
Actually cashing out all or a very large portion of your BTC holdings may not be a bad idea, because taking or locking in profits can be a good thing and then to reconsider your situation.
One problem with taking profits;however, could be tax consequences, and you may want to consider keeping some of your bitcoins invested in BTC in order that you will not need to consider tax consequences (at least defer such considerations until when you cash out).
But that is a personal choice.
It seems that your personal amount invested in BTC is around $45k, and the value of your BTC holdings is around $75K (at $400).
Personally, I would recommend that you consider some form of moderate approach in cashing out that would keep a portion of your BTC holdings.
You could cash out a bit over half of your BTC holdings or even around half, and get back most of your initial dollar investment, but even if bitcoin remains, quite volatile, if you continue to hold 50 to 90 BTC, you will still be in a considerably decent position without having a whole lot of your personal money invested (mostly just profits), so for example, you could cash out the equivalent of $45k, and still maintain nearly half of your coins for the longer term...
Anyhow, ultimately, the choice is yours to make in light of your total circumstances.
By the way, providing specific numbers does help us to consider your particular matter more thoroughly, but it does also disclose personal information about you too that may not be necessary in order to brainstorm with you about considerations in making a decision.. because ultimately, when you make a decision about what to do with your bitcoins and your life investment choices, you are likely weighing other factors merely beyond your bitcoin holdings.
you are totally on target about what i am planning to do. but i have to say if this is a plan of the whale then the scenario has already been made once. remember it reached a top high $320 and then drop to $220 (thats when i thought it was wise to buy fast)
then few months later it topped over $400.
now, i am not saying i should not cashout, but like you said, cashing out a small considerable amount to keep the cash in liquid money and able to do something about it is not a bad idea. i actually like your reasoning and you have been speaking my mind out.
few hours from now, i am going to sell 35 btc at $400 per btc. but the minimum buying is 1btc and not less.
if i do happen to do it, ill let you know. but if i dont you will see me speculate about probable positivity on the thread again lol.
edit : if any of you have a good reliable idea or exchanger i can cash out 35btc at once. let me know.
38.
Post 13694614 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
Next - we'll see a consolidation @around $440
right and $769 is a good target for the top of another small bubblish bump up
next 3 months of action might be 440 450 460 pop to 769 drop to 500
seems we're riding the same wave
- IMO it could happen faster
hopes...
39.
Post 13698165 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
www.Circle.com or
www.Coinbase.com are easy solutions with minimal to no fees. You can also use
www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
I thought that he already said around $280, so even selling at $380, he would be up $100 per BTC.. something like that.
ohhh he meant at what price i bought them. sorry i thought you said at what price i am selling them..
I'm not going to go back through the posts, but my recollection, more or less, was that you asserted that you hold about 190 BTC, and you were becoming somewhat anxious regarding when to sell them.. but also Peonminer was asking you about your average buy price.
I had understood that you had made a couple of purchases, and that your profits would be around $100 per coin, if you sold at current price.
I don't recall whether you specified if that was your average buy price only for the 40 coins or if your total portfolio had an average buy price in the upper $200s.
You know many of us who have been buying BTC for a while, and even trading BTC to some extent have made a large number of transactions, and we come up with a variety of ways to attempt to calculate our average costs per BTC and the extent to which we are profitable or not.
I personally think that these profitability considerations are all valid, and also, I am totally accepting of the fact that posters have a considerable variety in their ways of calculating their investment in bitcoin and the extent to which they may be profitable or not.
You do not necessarily need to disclose either your total number of coins or your average buy price or your framework; however, sometimes it can be helpful towards considering what to do and how to perceive your situation... and peonminer was asking you about your average price per btc for your whole BTC holdings... which is up to you whether you disclose such details.
oh right, no i dont mind disclosing, its considered as informative.
100 below $230 and 50 between $230-$245 (banked a large cash so converted a portion) and around 40.69 between $260-$290
thats why i wanted to sell a little bit over $400. i would feel more profitable. but still, in about 24hours, ill drop maybe 30-35coins. just to get a little bit of liquidity and the rest i will keep them (for the time being because the situation is not yet critical critical) but if it drops to $380-$385 am dumping all and do something else with my life.
So your average buy in price is quite a bit less than what I had initially thought that you had said..
Anyhow, based on what you said, I will place your average buy in price around $245 per BTC, and your total amount invested around $45k.
Actually cashing out all or a very large portion of your BTC holdings may not be a bad idea, because taking or locking in profits can be a good thing and then to reconsider your situation.
One problem with taking profits;however, could be tax consequences, and you may want to consider keeping some of your bitcoins invested in BTC in order that you will not need to consider tax consequences (at least defer such considerations until when you cash out).
But that is a personal choice.
It seems that your personal amount invested in BTC is around $45k, and the value of your BTC holdings is around $75K (at $400).
Personally, I would recommend that you consider some form of moderate approach in cashing out that would keep a portion of your BTC holdings.
You could cash out a bit over half of your BTC holdings or even around half, and get back most of your initial dollar investment, but even if bitcoin remains, quite volatile, if you continue to hold 50 to 90 BTC, you will still be in a considerably decent position without having a whole lot of your personal money invested (mostly just profits), so for example, you could cash out the equivalent of $45k, and still maintain nearly half of your coins for the longer term...
Anyhow, ultimately, the choice is yours to make in light of your total circumstances.
By the way, providing specific numbers does help us to consider your particular matter more thoroughly, but it does also disclose personal information about you too that may not be necessary in order to brainstorm with you about considerations in making a decision.. because ultimately, when you make a decision about what to do with your bitcoins and your life investment choices, you are likely weighing other factors merely beyond your bitcoin holdings.
you are totally on target about what i am planning to do. but i have to say if this is a plan of the whale then the scenario has already been made once. remember it reached a top high $320 and then drop to $220 (thats when i thought it was wise to buy fast)
then few months later it topped over $400.
now, i am not saying i should not cashout, but like you said, cashing out a small considerable amount to keep the cash in liquid money and able to do something about it is not a bad idea. i actually like your reasoning and you have been speaking my mind out.
few hours from now, i am going to sell 35 btc at $400 per btc. but the minimum buying is 1btc and not less.
if i do happen to do it, ill let you know. but if i dont you will see me speculate about probable positivity on the thread again lol.
edit : if any of you have a good reliable idea or exchanger i can cash out 35btc at once. let me know.
Regular verified Coinbase accounts allow you to cash out $50,0000 at once. You can also create an account on uphold and cash out without moving the coins to a bank... or you can put all your cashing out coins on circle or coinbase, and just convert the whole account to dollars... which is effectively accomplishing the cashing out for free... and then just withdrawal at your own pace.
international bank transfer is possible from coinbase??
40.
Post 13700931 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
www.Circle.com or
www.Coinbase.com are easy solutions with minimal to no fees. You can also use
www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
I thought that he already said around $280, so even selling at $380, he would be up $100 per BTC.. something like that.
ohhh he meant at what price i bought them. sorry i thought you said at what price i am selling them..
I'm not going to go back through the posts, but my recollection, more or less, was that you asserted that you hold about 190 BTC, and you were becoming somewhat anxious regarding when to sell them.. but also Peonminer was asking you about your average buy price.
I had understood that you had made a couple of purchases, and that your profits would be around $100 per coin, if you sold at current price.
I don't recall whether you specified if that was your average buy price only for the 40 coins or if your total portfolio had an average buy price in the upper $200s.
You know many of us who have been buying BTC for a while, and even trading BTC to some extent have made a large number of transactions, and we come up with a variety of ways to attempt to calculate our average costs per BTC and the extent to which we are profitable or not.
I personally think that these profitability considerations are all valid, and also, I am totally accepting of the fact that posters have a considerable variety in their ways of calculating their investment in bitcoin and the extent to which they may be profitable or not.
You do not necessarily need to disclose either your total number of coins or your average buy price or your framework; however, sometimes it can be helpful towards considering what to do and how to perceive your situation... and peonminer was asking you about your average price per btc for your whole BTC holdings... which is up to you whether you disclose such details.
oh right, no i dont mind disclosing, its considered as informative.
100 below $230 and 50 between $230-$245 (banked a large cash so converted a portion) and around 40.69 between $260-$290
thats why i wanted to sell a little bit over $400. i would feel more profitable. but still, in about 24hours, ill drop maybe 30-35coins. just to get a little bit of liquidity and the rest i will keep them (for the time being because the situation is not yet critical critical) but if it drops to $380-$385 am dumping all and do something else with my life.
So your average buy in price is quite a bit less than what I had initially thought that you had said..
Anyhow, based on what you said, I will place your average buy in price around $245 per BTC, and your total amount invested around $45k.
Actually cashing out all or a very large portion of your BTC holdings may not be a bad idea, because taking or locking in profits can be a good thing and then to reconsider your situation.
One problem with taking profits;however, could be tax consequences, and you may want to consider keeping some of your bitcoins invested in BTC in order that you will not need to consider tax consequences (at least defer such considerations until when you cash out).
But that is a personal choice.
It seems that your personal amount invested in BTC is around $45k, and the value of your BTC holdings is around $75K (at $400).
Personally, I would recommend that you consider some form of moderate approach in cashing out that would keep a portion of your BTC holdings.
You could cash out a bit over half of your BTC holdings or even around half, and get back most of your initial dollar investment, but even if bitcoin remains, quite volatile, if you continue to hold 50 to 90 BTC, you will still be in a considerably decent position without having a whole lot of your personal money invested (mostly just profits), so for example, you could cash out the equivalent of $45k, and still maintain nearly half of your coins for the longer term...
Anyhow, ultimately, the choice is yours to make in light of your total circumstances.
By the way, providing specific numbers does help us to consider your particular matter more thoroughly, but it does also disclose personal information about you too that may not be necessary in order to brainstorm with you about considerations in making a decision.. because ultimately, when you make a decision about what to do with your bitcoins and your life investment choices, you are likely weighing other factors merely beyond your bitcoin holdings.
you are totally on target about what i am planning to do. but i have to say if this is a plan of the whale then the scenario has already been made once. remember it reached a top high $320 and then drop to $220 (thats when i thought it was wise to buy fast)
then few months later it topped over $400.
now, i am not saying i should not cashout, but like you said, cashing out a small considerable amount to keep the cash in liquid money and able to do something about it is not a bad idea. i actually like your reasoning and you have been speaking my mind out.
few hours from now, i am going to sell 35 btc at $400 per btc. but the minimum buying is 1btc and not less.
if i do happen to do it, ill let you know. but if i dont you will see me speculate about probable positivity on the thread again lol.
edit : if any of you have a good reliable idea or exchanger i can cash out 35btc at once. let me know.
Regular verified Coinbase accounts allow you to cash out $50,0000 at once. You can also create an account on uphold and cash out without moving the coins to a bank... or you can put all your cashing out coins on circle or coinbase, and just convert the whole account to dollars... which is effectively accomplishing the cashing out for free... and then just withdrawal at your own pace.
international bank transfer is possible from coinbase??
Maybe limitations depend upon which country you attempt to set up an account, and from where you have a bank account?
Here's a coinbase link that describes USA, Canada, and various other European countries that are possible. I am not familiar with all of the options, and probably will depend upon your country, too.
https://support.coinbase.com/customer/en/portal/articles/1392031-can-i-buy-bitcoin-with-an-international-bank-account-credit-card-or-paypal-Edit 1: I looked at your profile, and you have been participating in bitcoin forums for nearly 4 years, so you should know these various options, no?
Edit 2: Rich93 beat me to most of the content of my post.. ...
its a bought account from mid last year. anyways,
dumped 100 on localbitcoins few hours ago. it was still above $393. looking at the price it is now, i am quite relieved!
41.
Post 13701327 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
www.Circle.com or
www.Coinbase.com are easy solutions with minimal to no fees. You can also use
www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
I thought that he already said around $280, so even selling at $380, he would be up $100 per BTC.. something like that.
ohhh he meant at what price i bought them. sorry i thought you said at what price i am selling them..
I'm not going to go back through the posts, but my recollection, more or less, was that you asserted that you hold about 190 BTC, and you were becoming somewhat anxious regarding when to sell them.. but also Peonminer was asking you about your average buy price.
I had understood that you had made a couple of purchases, and that your profits would be around $100 per coin, if you sold at current price.
I don't recall whether you specified if that was your average buy price only for the 40 coins or if your total portfolio had an average buy price in the upper $200s.
You know many of us who have been buying BTC for a while, and even trading BTC to some extent have made a large number of transactions, and we come up with a variety of ways to attempt to calculate our average costs per BTC and the extent to which we are profitable or not.
I personally think that these profitability considerations are all valid, and also, I am totally accepting of the fact that posters have a considerable variety in their ways of calculating their investment in bitcoin and the extent to which they may be profitable or not.
You do not necessarily need to disclose either your total number of coins or your average buy price or your framework; however, sometimes it can be helpful towards considering what to do and how to perceive your situation... and peonminer was asking you about your average price per btc for your whole BTC holdings... which is up to you whether you disclose such details.
oh right, no i dont mind disclosing, its considered as informative.
100 below $230 and 50 between $230-$245 (banked a large cash so converted a portion) and around 40.69 between $260-$290
thats why i wanted to sell a little bit over $400. i would feel more profitable. but still, in about 24hours, ill drop maybe 30-35coins. just to get a little bit of liquidity and the rest i will keep them (for the time being because the situation is not yet critical critical) but if it drops to $380-$385 am dumping all and do something else with my life.
So your average buy in price is quite a bit less than what I had initially thought that you had said..
Anyhow, based on what you said, I will place your average buy in price around $245 per BTC, and your total amount invested around $45k.
Actually cashing out all or a very large portion of your BTC holdings may not be a bad idea, because taking or locking in profits can be a good thing and then to reconsider your situation.
One problem with taking profits;however, could be tax consequences, and you may want to consider keeping some of your bitcoins invested in BTC in order that you will not need to consider tax consequences (at least defer such considerations until when you cash out).
But that is a personal choice.
It seems that your personal amount invested in BTC is around $45k, and the value of your BTC holdings is around $75K (at $400).
Personally, I would recommend that you consider some form of moderate approach in cashing out that would keep a portion of your BTC holdings.
You could cash out a bit over half of your BTC holdings or even around half, and get back most of your initial dollar investment, but even if bitcoin remains, quite volatile, if you continue to hold 50 to 90 BTC, you will still be in a considerably decent position without having a whole lot of your personal money invested (mostly just profits), so for example, you could cash out the equivalent of $45k, and still maintain nearly half of your coins for the longer term...
Anyhow, ultimately, the choice is yours to make in light of your total circumstances.
By the way, providing specific numbers does help us to consider your particular matter more thoroughly, but it does also disclose personal information about you too that may not be necessary in order to brainstorm with you about considerations in making a decision.. because ultimately, when you make a decision about what to do with your bitcoins and your life investment choices, you are likely weighing other factors merely beyond your bitcoin holdings.
you are totally on target about what i am planning to do. but i have to say if this is a plan of the whale then the scenario has already been made once. remember it reached a top high $320 and then drop to $220 (thats when i thought it was wise to buy fast)
then few months later it topped over $400.
now, i am not saying i should not cashout, but like you said, cashing out a small considerable amount to keep the cash in liquid money and able to do something about it is not a bad idea. i actually like your reasoning and you have been speaking my mind out.
few hours from now, i am going to sell 35 btc at $400 per btc. but the minimum buying is 1btc and not less.
if i do happen to do it, ill let you know. but if i dont you will see me speculate about probable positivity on the thread again lol.
edit : if any of you have a good reliable idea or exchanger i can cash out 35btc at once. let me know.
Regular verified Coinbase accounts allow you to cash out $50,0000 at once. You can also create an account on uphold and cash out without moving the coins to a bank... or you can put all your cashing out coins on circle or coinbase, and just convert the whole account to dollars... which is effectively accomplishing the cashing out for free... and then just withdrawal at your own pace.
international bank transfer is possible from coinbase??
Maybe limitations depend upon which country you attempt to set up an account, and from where you have a bank account?
Here's a coinbase link that describes USA, Canada, and various other European countries that are possible. I am not familiar with all of the options, and probably will depend upon your country, too.
https://support.coinbase.com/customer/en/portal/articles/1392031-can-i-buy-bitcoin-with-an-international-bank-account-credit-card-or-paypal-Edit 1: I looked at your profile, and you have been participating in bitcoin forums for nearly 4 years, so you should know these various options, no?
Edit 2: Rich93 beat me to most of the content of my post.. ...
its a bought account from mid last year. anyways,
dumped 100 on localbitcoins few hours ago. it was still above $393. looking at the price it is now, i am quite relieved!
Yeah, maybe you can rest a little bit better now.... .. and yeah if you liquidated half of your holdings, then at least you got out all of the profits, and you don't have to worry so much.
I do have a hard time considering that you would be able to liquidate that many coins very quickly on localbitcoins... but I suppose it is possible.. to get lucky and find someone with that much cash.
I attempt a little bit to buy and sell bitcoins, and coincidentally, I sold 3BTC on Local Bitcoins for $408, about 1 hour before the price dropped.
But at that time, I was feeling quite unclear about the direction of the price, and i wanted to lock in some of the profits right away, so I bought 2BTC back at $393 and then after the price dropped .5BTC at $383 and another .5BTC at $377. I am feeling pretty good about that whole situation, even though it is small numbers, but I also am prepared to buy some more BTC if the price continues dropping lower and to sell some more on the way up, which to me seems more likely..
I seem to be much more bullish about bitcoin than you... and I have a hard time believing that we are going down from here... rather than up (but I have been surprised several times before in my bitcoin price anticipations).
yes i got my investment back for the rest i dont know yet, but depending on the market situation i will see if i will drop them or keep them (tho i want to keep them)
if there is one thing i learnt, do not hope. if you see a downfall drop your coins, you can always buy them again later.
i had to do different trades, most of them havent been completed yet but i jumped in on the 393$ price at least i know its safe.
moneygram, westernunion, banktransfer i did all of them before its too late.
even if the price jumps over $500 by a miracle i know i still have a few left to win on this too.
also, analysing price on btc you will always find drop and rise. thats how big wallets gets richer. (not jealous but i do envy them)
42.
Post 13704050 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
www.Circle.com or
www.Coinbase.com are easy solutions with minimal to no fees. You can also use
www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
I thought that he already said around $280, so even selling at $380, he would be up $100 per BTC.. something like that.
ohhh he meant at what price i bought them. sorry i thought you said at what price i am selling them..
I'm not going to go back through the posts, but my recollection, more or less, was that you asserted that you hold about 190 BTC, and you were becoming somewhat anxious regarding when to sell them.. but also Peonminer was asking you about your average buy price.
I had understood that you had made a couple of purchases, and that your profits would be around $100 per coin, if you sold at current price.
I don't recall whether you specified if that was your average buy price only for the 40 coins or if your total portfolio had an average buy price in the upper $200s.
You know many of us who have been buying BTC for a while, and even trading BTC to some extent have made a large number of transactions, and we come up with a variety of ways to attempt to calculate our average costs per BTC and the extent to which we are profitable or not.
I personally think that these profitability considerations are all valid, and also, I am totally accepting of the fact that posters have a considerable variety in their ways of calculating their investment in bitcoin and the extent to which they may be profitable or not.
You do not necessarily need to disclose either your total number of coins or your average buy price or your framework; however, sometimes it can be helpful towards considering what to do and how to perceive your situation... and peonminer was asking you about your average price per btc for your whole BTC holdings... which is up to you whether you disclose such details.
oh right, no i dont mind disclosing, its considered as informative.
100 below $230 and 50 between $230-$245 (banked a large cash so converted a portion) and around 40.69 between $260-$290
thats why i wanted to sell a little bit over $400. i would feel more profitable. but still, in about 24hours, ill drop maybe 30-35coins. just to get a little bit of liquidity and the rest i will keep them (for the time being because the situation is not yet critical critical) but if it drops to $380-$385 am dumping all and do something else with my life.
So your average buy in price is quite a bit less than what I had initially thought that you had said..
Anyhow, based on what you said, I will place your average buy in price around $245 per BTC, and your total amount invested around $45k.
Actually cashing out all or a very large portion of your BTC holdings may not be a bad idea, because taking or locking in profits can be a good thing and then to reconsider your situation.
One problem with taking profits;however, could be tax consequences, and you may want to consider keeping some of your bitcoins invested in BTC in order that you will not need to consider tax consequences (at least defer such considerations until when you cash out).
But that is a personal choice.
It seems that your personal amount invested in BTC is around $45k, and the value of your BTC holdings is around $75K (at $400).
Personally, I would recommend that you consider some form of moderate approach in cashing out that would keep a portion of your BTC holdings.
You could cash out a bit over half of your BTC holdings or even around half, and get back most of your initial dollar investment, but even if bitcoin remains, quite volatile, if you continue to hold 50 to 90 BTC, you will still be in a considerably decent position without having a whole lot of your personal money invested (mostly just profits), so for example, you could cash out the equivalent of $45k, and still maintain nearly half of your coins for the longer term...
Anyhow, ultimately, the choice is yours to make in light of your total circumstances.
By the way, providing specific numbers does help us to consider your particular matter more thoroughly, but it does also disclose personal information about you too that may not be necessary in order to brainstorm with you about considerations in making a decision.. because ultimately, when you make a decision about what to do with your bitcoins and your life investment choices, you are likely weighing other factors merely beyond your bitcoin holdings.
you are totally on target about what i am planning to do. but i have to say if this is a plan of the whale then the scenario has already been made once. remember it reached a top high $320 and then drop to $220 (thats when i thought it was wise to buy fast)
then few months later it topped over $400.
now, i am not saying i should not cashout, but like you said, cashing out a small considerable amount to keep the cash in liquid money and able to do something about it is not a bad idea. i actually like your reasoning and you have been speaking my mind out.
few hours from now, i am going to sell 35 btc at $400 per btc. but the minimum buying is 1btc and not less.
if i do happen to do it, ill let you know. but if i dont you will see me speculate about probable positivity on the thread again lol.
edit : if any of you have a good reliable idea or exchanger i can cash out 35btc at once. let me know.
Regular verified Coinbase accounts allow you to cash out $50,0000 at once. You can also create an account on uphold and cash out without moving the coins to a bank... or you can put all your cashing out coins on circle or coinbase, and just convert the whole account to dollars... which is effectively accomplishing the cashing out for free... and then just withdrawal at your own pace.
international bank transfer is possible from coinbase??
Maybe limitations depend upon which country you attempt to set up an account, and from where you have a bank account?
Here's a coinbase link that describes USA, Canada, and various other European countries that are possible. I am not familiar with all of the options, and probably will depend upon your country, too.
https://support.coinbase.com/customer/en/portal/articles/1392031-can-i-buy-bitcoin-with-an-international-bank-account-credit-card-or-paypal-Edit 1: I looked at your profile, and you have been participating in bitcoin forums for nearly 4 years, so you should know these various options, no?
Edit 2: Rich93 beat me to most of the content of my post.. ...
its a bought account from mid last year. anyways,
dumped 100 on localbitcoins few hours ago. it was still above $393. looking at the price it is now, i am quite relieved!
Yeah, maybe you can rest a little bit better now.... .. and yeah if you liquidated half of your holdings, then at least you got out all of the profits, and you don't have to worry so much.
I do have a hard time considering that you would be able to liquidate that many coins very quickly on localbitcoins... but I suppose it is possible.. to get lucky and find someone with that much cash.
I attempt a little bit to buy and sell bitcoins, and coincidentally, I sold 3BTC on Local Bitcoins for $408, about 1 hour before the price dropped.
But at that time, I was feeling quite unclear about the direction of the price, and i wanted to lock in some of the profits right away, so I bought 2BTC back at $393 and then after the price dropped .5BTC at $383 and another .5BTC at $377. I am feeling pretty good about that whole situation, even though it is small numbers, but I also am prepared to buy some more BTC if the price continues dropping lower and to sell some more on the way up, which to me seems more likely..
I seem to be much more bullish about bitcoin than you... and I have a hard time believing that we are going down from here... rather than up (but I have been surprised several times before in my bitcoin price anticipations).
yes i got my investment back for the rest i dont know yet, but depending on the market situation i will see if i will drop them or keep them (tho i want to keep them)
if there is one thing i learnt, do not hope. if you see a downfall drop your coins, you can always buy them again later.
i had to do different trades, most of them havent been completed yet but i jumped in on the 393$ price at least i know its safe.
moneygram, westernunion, banktransfer i did all of them before its too late.
even if the price jumps over $500 by a miracle i know i still have a few left to win on this too.
also, analysing price on btc you will always find drop and rise. thats how big wallets gets richer. (not jealous but i do envy them)
I think that each of us find our own way and our own comfort level in BTC investing.
I have a few other investments besides bitcoin, and surely my situation is different than yours because I was accumulating coins between 2013 and now, and I ONLY began to trade (or sell) in about October 2015.
Anyhow, I only trade about 1% of my stash at a time, and cumulatively the amount that I am trading could add up to 10% over a large number of trades. At some point, in the future, I will likely trade a larger portion of my stash, but anyhow for now, it is working for me, because I have sufficient coins and dollars to have tentative trades stacked up and down the various BTC price ranges, and I feel that I profit either way... though at this time, I profit quite a bit more if BTC prices go up...
Anyhow, I am still practicing in trading, and if I believe the price is going down and it seems to be a fairly sure bet, then I would not mind selling a higher portion of my coins, but generally I plan ahead in order to buy on the way down and sell on the way up.. I don't generally sell on the way down or buy on the way up... at least not these days.
I don't see any real large downward potential in this price range.. and to me it seems a much better bet to wager on BTC going up, but I could see a selling time in the $3k to $5k range or maybe at some other various price points, depending upon how fast BTC prices were to go there.
Regarding the most recent November 4, 2015 price spike. I was not really able to take advantage of that because I was just getting my grounding on trading, and I did not have very good concepts of how the stacking of funds on each side works... Anyhow, my portfolio and my stacking of bets seems to be much better prepared now for another $502 (or similar conceptual) spike, if one were to occur, than I was when it happened on November 4.
i had a large portion of LTC bought at 0.68 sold at 0.50, i just checked the price and if i had been holding on my LTC and bought some dash, i would have probably made 9 times the investment i did at that time. but oh well, all i am happy with is that ive got my investment back with some profit and i am now in a better position than i was 5days ago with all the nail biting thing going on.
i will buy again, for sure i will. once i see a slight improvement in the price traction moving up, as slight as it might be, i seize the opportunity and buy as much as i can afford.
but as long as no solution is found for the current problem and stakeholders do not fear the price going way down it is now, i dont see any improvement happening until March-April.
the price might reach under $300 but it will rise again. the name, the fame will make it rise again. but not now. it will take time.
43.
Post 13704060 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
The price didn't dropped below ~$377 for the 3th time, very strong resistance.
We coud be hanging in this range for the comming weeks and then a pump to $500-$600.
this is "self motivation", you know it wont rise to $500 soon.
44.
Post 13704098 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
some serious altpumping going on at btc38
45.
Post 13722474 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.42h):
am so glad i trusted my instincts and bought 100 at $372.58
390 it is right now and variation upwards more than downwards.
46.
Post 13773548 (copy this link) (by nor9865) (scraped on 2020-04-04_Sat_14.43h):
384.1 preev
