the longer the better baby:   now that would hurt! |
|
|
|
the longer the better baby: |
|
|
|
I keep reading all this stuff about the dollar, and I feel like I should find some people saying some kind of opposition. Does anyone NOT think the dollar will collapse? Why? This all seems like a far off doomsday scenario even though I understand that this is happening now. Even though I understand, I can't believe it. Why aren't more people worried? I am prepping with what little I have... Not like hedging your bets ever hurt anyone.
i go over this alot in my newsletter. it's called the deflationary theory. deflation is unacceptable! governments will fight deflation with inflation, no matter what. until they lose control. |
|
|
|
I keep reading all this stuff about the dollar, and I feel like I should find some people saying some kind of opposition. Does anyone NOT think the dollar will collapse? Why? This all seems like a far off doomsday scenario even though I understand that this is happening now. Even though I understand, I can't believe it. Why aren't more people worried? I am prepping with what little I have... Not like hedging your bets ever hurt anyone.
i go over this alot in my newsletter. it's called the deflationary theory. |
|
|
|
I am not here as long as some of you guys, but long enough to remember the time when proudhon was bullish.
This was a time!? Yeah, about before we reached the double-bottom, I could provide links if you want, but I think plenty of people here can confirm that. you may have to provide those links cuz i don't really remember that time. some feints, maybe. |
|
|
|
|
how's the PIN/password for opening a watching wallet coming along?
|
|
|
|
Has it always been $50?
I feel like it used to be $25, right around the time Bitcoin was $10 or so.
it's always been 2.5 BTC/mo, back when i was the cheapest of the letters, to now. |
|
|
|
Sure. It's happened before, but now it's impossible!
Did you forget to wave your hand and utter the words "this is not the wall you're looking for"?
Jedi mind tricks don't work on me, I wear a tin foil hat. Well, at least you're wearing a helmet.  dude, you got skillz!  |
|
|
|
|
2 more days for February subscription.
|
|
|
|
Me, I've been pretty successful with doubling-down. But I'm terrible at calling the top.
I think that skill will only come with time and experience. I'm twenty, when I first entered the market I had no exposure to cycle theory or event economics, but I've definitely matured as a trader (since I have better control over panic buyig or selling). I'm sure cypherdoc didn't get to where he was in just a few years, but rather decades of watching the markets combined with a studious perspective towards technical analysis and a better understanding of ones own fear and greed reactions and extrapolating that to others, some who may be more rigid or some of who may be less disciplined; ruminating in a hybrid of top down AND bottom up psychological perspective this is one of my favorite posts from back in the Depression: https://bitcointalk.org/index.php?topic=49745.msg595430#msg595430 |
|
|
|
 See you all later! man you are good with Photoshop! that little manitee keeps showing up everywhere! |
|
|
|
|
zerg:
i guess what i'm trying to do is poke you guys now and toughen the geeks up. b/c there will come a time for a downturn which some of us will recognize as temporary but most of us will not. and i want you all to think and understand Bitcoin NOW, before it happens.
alas, i'm sure my efforts will fail once again, as when the downturn starts you will see most geeks turn and run.
|
|
|
|
The geeks fail to understand that which they hath created .
another way to look at this is that if you, as a geek, ask the first 49 ppl on the street if they'd ever heard of Bitcoin, they'd all probably say no. on the 50th person, they might say "oh yeah, that's that crazy internet currency of the geeks, right?". you be so ecstatic that you finally found someone who'd heard of Bitcoin you'd most likely just say "Yes, yes, that's right!!!" and then launch into a discussion about all the great features of Bitcoin. all the while knowing that you don't want to complicate the discussion by correcting that person to the fact that some mysterious "Satoshi Nakamoto" actually invented it. but you'd be wrong b/c most geeks don't understand the economic implications of Bitcoin and most geeks certainly did not create it. I never said "most geeks" -- well anyway I don't think I did :-). Regardless your argument is reducto ad absurdum -- "most" of any group don't understand any sufficiently complex thing. And obviously "most" of the geeks did not create any one thing -- there are too many of us. So obviously I meant something else. Something more like (not going to waste the time to quote myself formally): I think its a lot easier for a geek to understand economics (to the degree needed to appreciate bitcoin) then for an economist to understand this software. Also you say "fail to understand that which THEY hath created". Emphasis added. I think that the particular geek(s) that created bitcoin understood its economic implications. That's why the genesis block is dated "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks". And I think that more geeks understand its implications then others which is why so many geeks are on this forum. So your statement fails on multiple levels. Anyway, its not important enough to pursue this further... of course my statement is riddled with contradictions. purposely so. of course it doesn't apply to all geeks and of course THEY didn't create it. but i guess i'm being a bit critical b/c i've been around longer than you (if posts are any indication) and i remember that virtually all the geeks on this forum turned on me during the depths of the Bitcoin Depression in late 2011 for being a "speculator" and thus "ruining the Bitcoin economy" and for being a "bull". just look at that Short Squeeze thread i keep linking to. it seems that as long as the price keeps going up, the geeks get it. but when the price goes down, they don't. and of course, i'm generalizing. |
|
|
|
|
Show Posts
