hahahahaha

Something like that.




Try doing the guessing game(s) for "real" free and don't give out any bitcoins and find out what happens?

Problematic thinking Globb0.  You seem a tad bit distracted, for some reason.  Might need to bring batman out for this one.     Merry Christmas.

 

Sure, it is possible that Elon is a bit of a hypocrite in terms of how much he is invested in Tesla/SpaceX, and of course, any rich person is going to have to "live along the way."  But, I doubt that the point is so much about whether Elon is a good comparison rather than the hypocrisy of some of the leaders within the crypto space.  I would not fault any of the leaders within the space to have some diversification or to NOT be fully invested, but I might fault them for other kinds of hypocrisy, self-dealings and secrecy... which also relates to their lack of investment too.

Of course, the little fucktwat dweeb (aka Vitalik) has ETH, and that is one of the (many) problems with ETH, it remains quite difficult to determine who has what coins out of both the pre-mine and various subsequent shenanigans in which they choose to print additional coins.

Of course, a problem with Charlie Lee, too.  He acts like such a nice guy, and he surely can be a likeable guy, but really is there genuineness when a BIG stake holder does NOT keep some stake in the coin that he created, rather than selling a shitload of coin and rationalizing that it was for the good of the community that he should attempt to remain "more objective" by selling (supposedly) all of his LTC stash.

I suppose that if Satoshi were around, we could criticize him too, but at some point, it seems that Satoshi may have left a lot of coins on the table, and were those coins burned for the good of the system?  

Mystery, mystery regarding if those early coins that were presumably mined by Satoshi will ever move and if the bitcoin system could absorb all of the coins, if they were to be moved and sold on the market.  Seems that they would not be dumped, if they were to be moved, but who knows?  Ongoing presumption is that those early coins that were presumably mined by satoshi are not moving and ongoing presumption remains that we are likely to never know who satoshi was (is), while satoshi (or parts of him) might still be alive.  We might not even know, once satoshi is dead, if troubles could come from knowing that.  None of us should believe that satoshi was not a real person.  Surely not a bot or an alien...  

Like dragonvslinux asserted it seems very difficult that BTC prices are going to stay flat for nearly another week at this time of the year, but you really never know with Bitcoin. 

Also, remains much easier to attempt to bet on the possible winners when we are in the last lap of the race rather than nearly three months earlier, and frequently if we are in some kind of holding pattern, there can be some confidence to assert that the holding pattern is going to continue to hold, but there could be some whales who are waiting and waiting and waiting to pounce, and even they cannot really be certain that they are going to end up being correct when the do attempt to pounce.

I would say that betting nearly three months ago was a much larger crap shoot, but surely retrospectively seems reasonable that BTC prices have done a considerable correction down from their 3.5x jump earlier in the year (April to June).  Frequently, the BTC price moves can be described as "retrospectively reasonable" when we look at them much later, as compared to when we are caught in the midst of them... when as mere small fishes (speaking for myself and likely the vast majority of posters on this forum) it can frequently be difficult to see our hands in front of our faces.

Wrong!!!!

Why do I have to get mad at you during the holiday season, Roach?


Because you are dumb.   You are so dumb.  Real dumb.

And you show your ongoing stubborn level of purposeful dumb with nonsensical questions of irrelevancy like the recycle value one above.

The question has close to NO relevance in understanding what the fuck is bitcoin.  You gotta know better, don't you?  Please tell me that you are NOT that dumb, and you are merely being purposefully misleading because you have nothing better to do during these holiday times. 

You seem to understand, roach, that bitcoins are not actual physical objects/entities.  So maybe there is that, right? 

Sometimes people are also confused about where the bitcoins reside.  For example, if I have a Trezor, a ledger, an account on an exchange or a software wallet that can be accessed through my phone or a computer, the coins themselves do not actually reside on those devices, but the access to the private keys for the bitcoins that are necessary for accessing the coins themselves, may be accessible through those devices, exchanges and/or services.  Actually, sometimes with back up seeds there can be alternative ways of accessing the coins too, so if I lose the physical device or access to some of the services, they may have provided me other ways to get access to the coins by maintaining my back up seeds that can allow me to regenerate access through another kind of physical means.  In any of the cases, the access has physical components while the information (the bitcoins) remains quite more abstract.

If we are getting at BTC's utility, it has more to do with it's portability and security in terms of being digitally secured by thousands of computers that agree to an algorithm to verify who holds them and transactions and other ways of sending information back and forth on that network.

With Bitcoin, you thinking about physicality has to become more abstracted because non-physical utility that touches upon a variety of other physical support components remains a concept that any of us should be able to grow into and to actually understand when we get into our late childhood years, and for sure we should understand quasi-abstract thinking by the time we are teenagers and beyond - even though some dumbasses still continue to frame value in terms of physicality, which continues to cause them to miss a lot of understandings regarding how the world really work, and especially the many values that some abstract and less tangible aspects of life can bring.

O.k.  Fair enough.

Merry Christmas all WO bros and sis.   

I cannot disagree with anything you say there, and yeah, supply is more passive, but it get's manipulated to fuck, and that is just part of the dynamics of something like this and we are also learning as we go along regarding how far and how long it can be manipulated.

Let's take the stock to flow, for example.  We do not know if it is a very accurate predictive force, even though we can see that historically there can be a kind of description and there can be a kind of prediction that gets put in place based on the description and the formula and suggests that the future is going to follow a kind of similar path as the path.  At the same, time there is a kind of predictable mean in which the price is likely to gravitate within that model, while at the same time, there are likely going to continue to be powers that be that try their damnest to try to either create conditions to make the model become untrue or make it appear that it is not true.

So, sure, it is possible that they could become successful and make the predictive model NOT be true on a kind of permanent basis (which seems highly unlikely that they could be successful in such an endeavor), or they may end up trying their damnest for a long time to manipulate the BTC price below the predictive location, but sooner or later it comes to bite them in the ass and either just merely reverts back to the predictive line or ends up shooting past the predictive line in the opposite direction.

We will see.  We will see.

By the way, there is also the four year fractal comparison model  and the s-curve exponential adoption model that kind of ongoingly builds upon the ongoing network effects that keep building in a kind of Lindy Effect kind of way that seems to be a bit towards the upside and also towards the front running potentiality... Who knows what is going to happen exactly, but I would be a bit worried if I was NOT sufficiently and adequately prepared for up while worrying to damned much about the downside as being anything negative beyond just a period to either HODL or to buy some more bitcoin in the spirit of ACCUMULATL.





Edit merry christmas, to you too... and merry christmas to all of the WO bros... and gal..


Of course, we cannot be strict about the halvening because we know that almost nothing is likely to happen on that actual day or even within months around the actual halvening date because 1) there can be manipulation that goes on around that even (either up or down) and 2) it takes a while for the lessening of the supply to actually be felt in a kind of "HARD" way.  Yeah, many of us know that the supply shock is happening, but still, that does not stop manipulation attempts in the opposite direction (meaning down)..... ... and it also does not discount that if "everyone" or damned near everyone starts to attempt to consider that the pumpening is going to happen later that the pumpenining might still end up happening sooner in a kind of front running kind of a way.

We cannot be attempting to put too much exactness in where the hell BTC prices are going, and yeah, I understand that even you was anticipating BTC prices to drag on downwardly for a lot longer than they’d  did and the April to June 3.5x pumpening surprised a lot of use, but it does not mean that we necessarily revert to that earlier theory of BTC prices going down low and long and more pain having to be felt.  Such pain might happen, and it might not.... and, yeah, you Majormax, just love yourself some ongoing and onward down cautioning talk... it's your favorite past-time, even during christmas... you BIG party poop....


 

I read your post as being exceedingly cautious, Majormax, and you already likely recognize that I continue to believe that there is a bit more underlying buying pressures than the amount that you seem to be willing to accept present.  Furthermore, supply is a pretty damned underlying force, whether you want to categorize it as "secondary" or not...  supply is a kind of hard pressure that inevitably ends up biting the bears in the ass.. especially any of them who under estimate its power, after they are manipulating down for much longer and much lower than can be contained and ends up resulting in a lot of irrational and uncontainable upwards FOMO buying... which is likely going to be another history that repeats itself... surely not guaranteed in any kind of way, but a seeming likely outcome... time and degree to be determined.   

I'm pretty confident that not even Bob is going to appreciate that level of gay in appearances.

Surely, I am NOT trying to be dogmatic about anything that I say.

I was merely attempting to present a counter-theory regarding what I believe to be more likely to be happening.  

Of course, it is healthy to take any theory (or counter-theory) with a considerable grain of salt.

Also, surely any theory (or counter-theory) is not going to account for a lot of variance whether referring to degree or even accounting for time-frames or passage of time that can sometimes influence a change of behavior, too... which is sometimes partly accounted for within Lindy effect theories, too.


Hahahahaha....

I was just trying to describe "people like roach" rather than roach specifically.   

Just like I could say "people like jbreher" for certain asserted behaviors too, but "people like jbreher" did not pop into mind for this particular description of behaviors.  Hopefully, you are not feeling too left out, these days.. you, roger, craig, and other similar attention-seekers.      Merry Christmas, by the way.  I understand that this is the time of the year that you spoil various members of your immediate family.. but whatever, your choice.   

Bullshit!!!!!   Sorry to be so harsh with my language, JSRAW, but normal people do not cash out BTC to celebrate during these kinds of holiday periods.  Fuck that overly spread myth.

What happens is that people are busy with celebrating and festivities, but the party pooping whales do NOT have enough friends to celebrate, and instead they get their kicks out of trading bitcoin (dumping) during times in which other people are busy with real life activities.  

In other words, the bearwhale fucktwats are taking advantage of periods of less liquidity to push the price down as far as they can during that opportunistic period in order to attempt to create a bit of a lower than otherwise possible Lindy effect... that may or may not endure past the period in which they caused it.

In other words, those are not regular and normal people who are engaged in such trading, but instead disgruntled and psycho-sociological deranged fucktwats like roach who are attempting to opportunistically rain on the parade.

Wait, a minute.

I might have sent you an smerit too soon for sharing that idea regarding the assessments of new lows and attempting to anticipate when the new low will come.

My subsequently realized issue relates to the lack of listing of our current low, which is standing at $6,425, so sure that might NOT end up being the low for this particular cycle, but I believe that it is a bit too presumptuous for my own tastes to assume it away without whole showing it as our current to-date contender.   

In other words, I have no problem with NOT knowing whether up or down, but I do have muchos problemas with presuming either down before up or even up before down, and both that attached chart and your implicit acceptance of the chart with links to other presumptuous charts without commenting on the lack of listing the current contender (aka $6,425) remains a bit disingenuous (potentially an innocent oversight?) in my way of thinking. 

A "female" with the mouth of a sailor..... 

That's why John legal is so fucking angry?  Because he is fed that kind of bullshit, when the reality of the matter is that the banks and other fucktwats are actually manipulating his money supply to death, and probably should stop blaming regular brown working people like Juan for the manipulating bullshit that is imposed by the fucktwat manipulating scumbag criminal The Donalds of the country.. who never had really gotten punished for all the manipulating, stealing and lying that they have done in order to live the luxuries that they don't deserve.   

Note to BTC manipulator wannabes: 

If you are going to attempt to manipulate, Bitstamp is the place that you want to be.  Whether you are successful or not, good luck in achieving your goals.   

By the way, some BTC manipulator wannabes already know that stamp is the place that they need to be, and others are lost lil puppies - just like shitcoiners... . get lost and distracted much too easily.

Didn't you hear that they are still waiting to buy, those dweebs.

Someone caught a slow motion video of them this morning, and I don't think that they are faring too well...

They are not really in very good shape.

I know you did, but you are relying on one or two dates for something to happen.  Sounds like numerology to me.


I already saw sufficient information on then nonsense in order to justify my point.. whether you call it numerology or you call it calendarology - aka random superstition.


Do you believe that you are talking with a flat earther?  Don't know where you get that information.  You are the one with the calendarology theory.


Oh?  Now you are moving over to astrology?


Of course it does.  Does bitcoin price movement have friction based on water?


Oh god... Stop attempting to be patronizing.  You are not very good at it.... or are you attempting the Socratic method? 

You are not good at that, either.
 


 Fair enough, but what does that have to do with the price of tea in china?   


 I am imagining, hmmmmmm    hmmmmmm   hmmmmmm


It's not helping me with the bitcoin price, so far.   


Sounds like you are really onto something.

Hairy, you are fired!!!!    We have a new and improved thread BTC price prediction replacement for you.  Hairy Guru, version 2.. new and improved... and better than the lame-ass fractal theories you been spouting out, especially recently.

We now know what bitcoin price is going to do more accurately.  You can still serve as a back up thread price prediction Guru, though, but you have to take lessons from jupiter9 (who is actually BIGGER and more influential than jupiter1).   

Of course, we use Bitstamp in these here parts, an there was a wick down to $6,425 on 12/18.  The $6,500-ers won this poll, so the poll remains old news..... and even though the $6,500s won the battle, likey the $7,500s are going to win the war, and fuck the shorters, the no coiners, the fence sitters and the bargain boyz (and lambie too)... hahahahahahaha...

Hopefully they all got fucked.  


Might be too hopeful, but it would be nice.



Fuck the Gann theory.  All we need is numerology gaining too much ground in these here parts, and pretty soon we will be looking at the stars to figure out what to do next.

Part of the reason that I remain such an advocate for incrementalism is because to me it seems a whole fucking lot easier to make a lot of money when you have a lot of money rather than attempting to recover from losses and to get back to where you were.

Yeah, they can glorify the fuck out of gambling because of course there are going to be BIG ASS thrills when gambles pay off, but for the vast majority of time (in reality) BIG ASS gambles do not pay off, and it is better to become rich first and to use your money to make you MOAR rich rather than returning to a poor ass fuck and having to struggle to become rich again  (which might not even happen).

Surely, I consider the perspective of the commentator, Benjamin Cowen (intocryptoverse) to be planning to play "in" and "out" with a lot higher percentages of capital and planning to be able to predict the market with his risk model and assignment of risk values.  

Such intense "in" and "out" is a lot more intense than my preferred incrementalist approach in which I do not plan to sell large portions of my BTC.  I still appreciate other perspectives, even if I do not really plan to change my approach or to be convinced that changing my approach would be "better" for me.  

Notice that his inputted data for the future (between about now and mid-2024), which he deems to be "reasonable" has a lot of flat and even down before up, and seems to presume that the four year fractal might take more than four years to play out based on lowering price slopes into the future... so maybe that could be true, and maybe not.  We could have a lower slope for this four year fractal without having to extent the fractal out two additional years... but who knowns?  Who knows?

His plot also seems to suggest that supra $20k is not likely to happen inn either 2020 or even in 2021, which would put LFC in jeopardy in the Bossian bet.  Fuck that.... I am thinking that we have pretty decent odds of getting above $20k before 2022, so maybe there is some relation to this guy, and Bossian.. Not that Bossian has presented himself in any kind of way that is close to as credible than someone who is trying to be reasonable in this space... and (not that it is wise to bet with a troll, in which you are likely only to have to pay if you lose and you will never get paid by such disingenuous troll, if such disingenuous troll were to lose).  You can tell that I am not too excited about Bossian's so far demonstrations of credibility (largely lack thereof).