That better be Bitstamp!!!!!   

The way this is playing out, Bears are going to be lucky to get anything below $6,424, but I will concede that $6,424 is more likely than below $5,500, which is going to require a considerable amount of luck and maybe the pumpening of a lot of cash into BTC to cause it to drop and run the risk of losing all of it.. So, even odds of below $5,500 or below seem quite low, even zooming out to later in this year.

Time will tell for any of this, so hopefully, there is investment going on for either price direction, especially UP... since there has not been quite any investment that has been so great as bitcoin.

Remember Tim Draper's long term bet in the $600s on the 30k-ish silk road coins in 2014?  He was considered a fool for nearly two years before his coins went into profits, so a bit of long term thinking would likely have better results in hedging towards betting on UP rather than pie in the sky ideas that we have to have "down before up," and a lot of the chartalists seem to get caught on these kinds of "down before up" ideas and frequently have gotten REKKT in bitcoin's historical performance with such ideas, including missing some of the opportunity costs that come with NOT having sufficient UP preparations.

That is a hilarious response, whiteboy420.  Gotta cite it for its mere appearance of your bear tears desperation.  

Protip:  If you try to string the words together into ideas, then the words make more sense than reading the words separately.  If you are capable of such, you will thank me later, once you try it.  

Of course, we have to prepare for anything, but your scenario does not seem too likely.  Of course, we are likely to have lower percentages of gains...  Let's just start from 2012/2013, and that rise was well over 100x.  I would propose that the 2017 price rise was around 78x, so yeah, we could have a considerable reduction in the next price rise, maybe 20x to 30x or even smaller.  I doubt as low as 10x, but hey we have to prepare for less bullish scenarios, you are correct... even though you are coming off as a bit of a pessimist party poop.  



Of course, there is going to be all kinds of variation here, especially depending on what stages guys are in... if guys are largely still in accumulation stage, and they have not finished that stage they will have to continue accumulating.

I might not be a very good example for your various hypotheticals, because I personally have already decided to go into a kind of cashing out of 1% every quarter, at some point in the coming years as long as BTC prices are above $5k.. but I can likely wait a few years too... at least tentatively that cashing out of 1% per quarter is what I am thinking based on current cash flows... but I also would not mind increasing my spending and my lifestyle consumption matters too...   so it is possible stagnating bitcoin could put some hampering on those considerations.



Probably would not affect me too much with those numbers.. I might just cash out 1% per quarter... or just hold off cashing out a bit longer.. depending on if I feel that I want to go beyond my current cashflows.


Again, I am likely not a good example for this because I am looking at figuring out ways to spend all of my current cash flow.. which I am still NOT really doing.. and then increase spending in bitcoin, at some point... of course, I am tentatively thinking that if BTC prices go below $5k, then I would likely add new cash to my bitcoin holdings.


Might have to adjust plans based on such negativity, and if BTC is not below $5k, might still sell some, but might decide to HODL instead, depending on the BTC price... if it is looking like it might go down, and it is only in the $10k arena, then likely just stick with the plan or just HODL... maybe even change my plan to buy more... and increase my threshold from $5k to $10k.. which would cause me to buy more.  

Yep that is starting to sound like amongst the worser scenarios.. if bitcoin stagnates going towards zero... and does not look like it is going to recover... I think maybe I would just HODL.. Maybe not invest any more and so long as prices are above $5k, would just cash out 1% per quarter in accordance with the earlier threshold considerations.  Maybe you are thinking of a different audience for this hypothetical, anyhow?



Hahahahaha

You fuck, JSRAW...

Are you sure that you don't have a camera planted next to my computer.  

(WRONG.... Fake news!!!!!!   only took me 8.5 minutes to post mine after your post)

Huh?  I think we might agree that bears might be getting tired... and your lil admission about your current level of tired and your attempt to project exhaustion onto the bulls might be more revealing upon the situation of the bears rather than the bulls, maybe? Perhaps?

From my armchair perspective, I cannot really know if the beartards are running out of fuel..

I cannot be that presumptuous to know short-term readiness, willingness or abilities of bears to pump more value into trying to drive BTC's prices down - which surely they will do it if they can; however, from time to time, since about April 1, we have been witnessing these little bitcoin UPspurts here and there (hint look at the price charts for the past year-ish - and maybe even longer for context), providing us bitcoin HODLers signs of bitcoin life and strength, for those HODLers who are ready, willing and able to recognize and appreciate such seemingly ongoing bitcoin POWER signs.  

Accordingly, we just had a nice lil $1,600-ish / 5 day-ish pumpening of our lil product (aka good ole lil buddy) culminating to about $8,463.60 - slight more than a day or so ago...

That lil UPPITY situation did NOT feel at all exhausting, for yours truly (and can I speak for other HODLers? Perhaps?  Not exhausting...)...

The past few days, may have been a wee bit exhausting for a few beartards?  Especially the dumbass beartards who thought that the lopsided longs on Bitfinex (or does bitmex count too?) "guaranteed" them some kind of DOWN movement rather than UP....

Poor lil tinglies.. BTC prices did not go their way.    Saaaaaadddd.

For me, that lil UP bumpening felt pretty yummy over those recent 5-ish days.. and seeing a few bear shorteners getting their down bets REKKT along the way during such processenings..

Even if not quite half of the UP has been closed to retraced as I type (in the last 6 hours, largely bouncing between about $7,750 and $7,850), I don't mind.  Even if most or all of the UP progress ends up getting retraced, so what... ?  Not feeling like an exhausting situation, but instead feeling like a possible buying opportunity (or alternatively a HODLing rather than selling situation).. for those who can appreciate it.

Ultimately, we still seem to be in a bull-leaning market.       You will thank me later, for pointing out these lil recent-historical minor perspective matters to you, bear wannabe..

"Rougher".. but not that ruff.

Can we have a little semblance of balance here folks?  Or does everything have to come in EXTREMES!!!!!!?    

You don't know anything.. but sounds completely reasonable...

If there is a front running of the situation, though, then will likely come much earlier... 6-18months earlier...

But what do I know?  ditto.  

I am not sure if your proposal is really fair for other members, so a lot of this remains a kind of balance in which many of us might come to differing conclusions.  Of course, if we are in a BAD situation, we might want to have as many benefits as we can get, but if we are NOT in the situation, we might blame the other user(s) for possibly contributing to his/her own problem by employing weak OpSec.  So, yeah, there are degrees, and sometimes even the ability of members to go back and wipe all of their previous posts can be a cost upon the membership to have to suffer with members who seem to NOT take responsibility for their earlier posts.. but then again, 4 or more years later, there might be some motivations for members to delete some prior disclosures.. and sometimes even to edit earlier posts to change what had actually been said and the context.

Surely, I am NOT proclaiming to know any of the answers exactly, even for myself, because even I understand that I am likely NOT the same person who I was nearly 6 years ago when I began posting in this forum.  Also, sometimes I might disagree with some kind of content of the post of another person, or even some kind of mixing of real world and forum situations, or become sympathetic to something that seems to have had happened to another member in the real world that might be attributable to forum information/conduct, but then the circumstances are NOT always well known or even knowable either.  I have thought one way about the circumstances of another forum member, and then a third forum member comes into the scene to assert another scenario that I had not considered in my prior assessment.

When I first joined the forum, I, actually, was quite bothered by forum practices that allowed editing or deleting of prior posts, but now, I understand that there can be some value to members who might get themselves into a bit of a pickle (and might not even have had been of their own creation) and might need to edit or delete some or all of their earlier posts without asking for permission from forum administrators.. even while the forum itself may end up suffering somewhat from the removal of some of those earlier contributions and context for other posts that might have been built around their earlier posts.

Watchaknow... thursdays come around so quickly, before you even know it.  

Los dude appears to have devolved into sweet, must be one of the female members....  

I prefer a little rougher treatment.   #nohomo.

Just say "los"

you don't want to fail/refuse to recognize any team members...  v8, you fuck.

There seems to hardly be any way to have your cake and to eat it too - I mean retaining some of the benefits of the credibility carried over from the old name to the new name, so of course, there can be some benefits in changing your user name, but seemingly the ONLY way to completely lose the connection of the possible negatives that have come to your old user name would be to create a new account and to really start over.. and maybe not even mention the old user name in connection with the new account.

There is also security through obscurity, too.. and there are likely other means of attempting to NOT draw the wrong kinds of attention to yourself.. and the interwebs are filled with fucktwats.. Well, maybe you ONLY need 1 in a million fucktwats, and that is enough to cause potential real life issues in the meat space.

Any of us who are outspoken forum members retain some of these potential security issues, and yeah, there are folks who have purposefully chosen to be notorious public figures in the bitcoin world or the crypto space, and even many of them (if you really attempt to delve into their personal matters) can tell stories of various kinds of issues or attack attempts upon them.. of course, Jameson Lopp is a known example, but there are plenty of others, too.

Just consider some of the issues that we might have admitted to ONLY owning 1 BTC and given some details regarding that 1 BTC, but fuck all about the god damned BTC price going up to a million and now our paltry amount of BTC has real value in terms of the many normies who had not known about BTC in the early adoptions days that we still seem to be in... just like 2017... holy fuck, even I witnessed the crazies coming out of the woodwork in my real life in regards to the BTC topic, and I had wallets with fractions of a BTC that I had considered as just dust that turned into real and meaningful value.. .. that .05 BTC that I had purchased for $12 in late 2015, all of a sudden was worth $1,000 in late 2017.. and I had not even realized that I was carrying around that amount of value.. because it happened so fast, relatively speaking when we have other things going on in our lives, too.

Fuck those stupid-ass ideas that attempt to draw too many conclusions based on short-term movements and correlation, including trying to suggest that bitcoin gives more than two shits about various political movements... Yeah, there are opportunities to engage in short term manipulation of BTC's price up and down, but whatever, those are largely just blips in terms of the longer trends in bitcoin.. and most of us in this thread have decent ideas where the longer term bitcoin trends are, whether there are attempts to correlate to short term news or gold or other temporary seemingly cave-allegory shadow correlations.

It might be a bit more convincing if the BTC price bounce were to be drug out through 2021 rather than happening in 2020.

Furthermore, I really doubt that intense down before up, such as down to $2k would actually facilitate BTC going UP so quickly... and what I am suggesting that such extremes in DOWN would likely have greater chances to suppress BTC prices and drag out our period of down before up, if such were to occur.

Attempting to give some benefit of the doubt to "extreme down" before "extreme up," I could recognize as possibly reasonable DOWN down to $5k (or even something approaching our $4,200 jumping off point.. maybe $4,500) as something that might be a stretch of extreme down, but still within reasonable extremes that seem to have tendencies to happen in BTC, though.

Fair enough.

Yeah, it is o.k. to play around with some of your BTC stash, but seems to me that a decent amount should be stashed away.

Of course, the more BTC that you have stashed away, the more that you can play around with BIGGER quantities in selling on the way up and buying on the way down.

Each of us are going to have different tolerances on how much we feel that we need to have stashed away to feel solid on our personal goals, and of course, there can be a decent amount of tolerance for people who are betting against bitcoin, but largely, they are NOT too likely to find too much love in this thread if they are valuing their wealth in dollars rather than bitcoin.... unless of course, they can provide some context for their cashing out or whatever their contrarian strategies are.

So, yeah, you seem to have been around BTC at least as long as me, so I should not be so presumptuous as to attempt to lecture you on some of the BTC basics, even though you are suggesting that there might be some value in coordinating buys to keep BTC's price up - or at there is some implication regarding your expectation that BTC prices will be going down to $6.9k-ish.. .which may or may not happen.  Yeah, of course, if we get a quick burst in the upwards direction, odds likely increase regarding feasibility of a correction. 

On the other hand, bitcoin has some tendencies to go against expectations and even go into "punishment mode" from time to time, which tends to thrill HODLers quite a bit., and I really doubt that coordinating buys would be solid practices to keep BTC's price up - even though they might be solid practices in the shitcoin space... .. bitcoin is not a shitcoin, so it seems a bit of blasphemy to attempt to treat king daddy like that.... Well, hopefully king daddy will fuck a few whales up when they attempt to play her too much, and I am looking forward to CME and CBOE getting fucked up a bit, if they are playing around with fractional reserves, but I might be smoking too much hopium in that direction... but we will see if they are are NOT sufficiently backing up some of their trades if they will be able to sustain themselves if Bitcoin goes on a NON-taming kind of tear towards the upside...  which is surely the hopes of many-a-hodler... we have seen it before, so it is NOT totally out of the question to consider such potentialities for our good ole lil buddy.

Many of us in this thread don't play around with large portions of our BTC stash, even though we might talk some BIG games here.

So if you are trading BIG portions of your stash, you are likely a bit out of sync, here.

Regarding entry, no time like the present.  hahahahahaha...

In other words, you should not have sold much if any at $8,380... but since you did... buy back and STOP playing around with so much of your BTC stash.  

You will thank me later.  

Reverse Psychology....

Good one.

Your tenacity is above and beyond reproach.  Aka... trolling.  Yes.. you could test the patience of a saint... Not proclaiming that I am anything close to one of those. 

link or it did not happen.

Well, in any event, even if you use the accurate numbers.... think bitstamp as your reference, young padawan.... you are NOT going to receive any opposition to me in terms of hope to get closer to $9k and in order that someone can non-violently remove  $50 worth of BTC from LFC (thinking in the .00555555BTC arena).

You just need to use the right reference point (hint, hint, hint:  think bitstamp as your reference, young padawan); otherwise, you be exaggerating, and you might not even understand what game you are in because you are on the wrong page of the book.

Battle not over, yet.