Don't be such a hater, P_Shep!!!!!    Though, I am not going to hold it against you that you don't appreciate that I have sent you the most merit loves out of any other member.... Hey,.... it seems to be part of my current duty in (my could be bot?) life to share the merit love when members post something that makes some kind of sense to me, or resonates with me in some kind of way or whatever other quasi-random and illogical critieria I end up attempting to employ whether you hating on me or not....      hahahhahahahaha...

but if you hating too much, I might transition into my "grumpy kitty"^tm mode.. oh wait???  some other "non-specified" user already has a seemingly uncontrolled (and maybe sometimes intentionally unintentional) tendency to devolve into that under-appreciated quasi-irrational mode... .  


 

I understand that you are trying to be facetious and fun, but holy fucking shit nutildah.. pretty poor humor to put that attention whore fraudster (who has already received way too much attention) on such a joke card, even if it is a joke.    

 

I trust LFC.. for it, but seems like an escrow deal to me because Bossian is the way more likely to lose the bet (especially out to 2022... holy fuck) and has not been around for very long.


Bet is likely to be resolved in LFC's favor way before 2022... perhaps early 2020... but could drag out to 2021.. surely there are a lot of days in 2021... 365 if I remember my maths correctly.

Sounds like a lot of hopium to me...




Goldbugs have been wishing for something like that for more 10 years.  Instead, we have bitcoin... The gold thing is way inferior to bitcoin in a lot of ways and a more than doubling does not seem to have more than a 10% of happening, so we should NOT be taking such pie in the sky scenarios in regards to gold more than doubling in the next couple of years too seriously.

Bitcoin is too immature to fit into such a pattern.

You need to account for s-curve exponential adoption, growing bitcoin networking effects (as outlined by trace mayer) and the seeming application of the four year fractal pattern and PlanB's stock to flow model.  Your little drawing seems inadequate in terms of accounting for those four dynamics that are also affecting price and putting upwards, rather than downward pressures upon its medium term trajectory.   You will thank me later.   

hahahaha...

Moral lesson.


Stop doing the things that you do not like.  



Since so many peeps had been suggesting that they could have their own day in the week, I though that I had been forgotten. 


Thank you so very much for remembering..... 







In other words, get a life..., and go look for either 1) your nano or 2) the back-up seed!!!!!!!


 

I would say that scenario is pretty bearish.  Of course, you are not calling for zero, but you are fairly strongly asserting that $6,515 is not our bottom for this part of the correction.  I actually am o.k. that $6,515 might end up getting tested again, and part of the reason is that we are still within pretty close striking distance of that price.

So, $4k scenario is another thing, which seems difficult to get to, especially since we already had about 85% correction and then another 62% correction which seems more than sufficient in order to largely resume up, but to perhaps again challenge the 62% part of it.... but $4k would bring us pretty damned close to challenging the 85% which seems to ignore a lot of the development and even the scarcity aspects of bitcoin, including that some people coming into bitcoin largely remove their coins from liquidity and they do not trade them or even put them in a place that is tradeable.

Regarding your not to be optimistic about 2020 assertion, perhaps there could be some sense that any additional attempted testing of the bottom could carry on and take a decent while to resolve, yet the halvening brings strong physical pressures on supply, that will likely become stronger and stronger felt, especially as time passes after the halvening.... and even players like BAKKT seem to be making certain demands of some of the BTC supply, and some of those likely larger players getting into bitcoin through BAKKT are going to become enlightened to bitcoin, but also learn about the direct buying of bitcoin and holding their own stash, which means more BTC removed from the market... so we will see, we will see.  I think what you are describing is in the lower than 25% probability area rather than really any kind of scenario that should be treated seriously in terms of more probable paths that are surely less bearish, and really more bullish... which does seem to be the more likely path that we are on... we are in a bull market, by the way, so there is that, too... and we would have to get out of the bull market before bearish scenarios would approach 50/50 probabilities.   

I think that we learn a lot through age and practice.

Not too many people receive an education regarding how to handle their finances when they are young, so many have to learn on their own, and attempt to be somewhat astute about it.  Surely, this seems to be another area where the rich are likely advantaged, because we do not necessarily need to learn all of the most painful lessons of life through experience in the event that we have good models in our life that we can emulate.

So, good techniques and practices can supplement experience, and also starting out with a large pot can also provide a lot of advantages and even cushion for screwing up.

I certainly do not frown on any money building technique that includes preservation of wealth or even constant building of wealth rather than risking too much or going into debt in order to increase odds to increase wealth through investing that debt.. and of course picking investment that have odds in your favor, too... and yeah, sometimes, it can pay off well to take risk - but it might not be necessary, especially if you already have a decent amount of wealth through acquisition or merely as a starting point.

A few days ago, I went back and reviewed some of my historical investment strategies, and I had kind of concluded that I was balling in some kind of way because I had built a decent amount of wealth for myself through the years, merely by living within my means and always investing (even small amounts) and not really taking BIG chances in terms of gambling on investments that had low chances of success.

I also believe that there surely is a BIG ASS (and kind of unfair) multiplier effect that exists for people who never have to go into debt in order to multiply their wealth.  I probably would have never come nearly as close to as wealthy as I had been able to become if I had not had access to debt instruments and to use those kinds of debt instruments towards investing rather than consumption... .. deferred gratification and all of that (NOTE: I am not specifically referring to whatever I presume to know about your personal situation here, mic, so don't get all huffy and puffy and personal about whatever I am saying because I am trying to refer to general concepts of using money to make money by investing rather than consuming... at least while a guy (or gal) is in the early stages of wealth accumulation attempts).

He don't like boats, so there's that.

Hey!!!!!   Don't shoot the messenger. 


Shouldn't you, infofront, be rejoicing the nice little bouncity bounce of our mutual lil fiend, aka corn?

I'm going to refrain from saying much more at this particular moment on this point (unless I can think of something important or witty) since I fraidie kitty to jinx any possible delicate thingie-ma-jiggilie... not that I am superstitious. ...






.. carma and all dat.... 

Look who either oversold or failed to sufficiently buy back in.         


If you do not pee pare ur lil selfie for both up and down, you deserve to get REKKT... and no sympathies for down pushers/hopers, especially when we have already recently experienced more than sufficient down. 

Surely, great to rejoice these kinds of bounces.

Even if such bounce is not permanent, it surely has reached more than a solid $1,111.11 distance from the near $6,515 local bottomm, which feels good, man.  #nohomo

Oh gawd!!!!!!   Now you are pumpening ur lil selfie?   


I have made mistakes too.... for example selling when I meant to buy or buying when I meant to sell, but since my trades are only 1x, most of the time, I can just ride it out and the market will usually come back in order that I can correct my mistake, otherwise, I can just ride it to the other side in which I just am out of the loop for a little while.  There are not too many ways to lose if you are just playing 1x so long as you are not playing BIG and engaging in incrementalism and largely just attempting to stack sats which is betting that overall we are going up in the longer term.



Surely way more adventurous than me, because I don't play any leverage, and I am not even motivated to learn.. since I have been doing just great with a simple 1x arrangement.   But to each his own, and I understand that there can be ways to play your leverage tight and to allow it to work for you to make it more profitable than 1x arrangements... furthermore, I don't short, so I am always going long or closing longs rather than shorting, so there is that angle, too.

he's a geese rather than a goose

 

Personally, I am starting to question some of this BAKKT volume too.  I question tradition financial institutions and their possible shenanigans.  Didn't BAKKT say that they were settling in BTC.... I hope so, but I have my doubts about these kinds of matters that could be inflating BTC's supply through investors who are ready, willing and able to put up enough dollar collateral, then really are the BTC necessary?  Or perhaps BAKKT has to have the BTC because they could get REKKT pretty god damned BIG if BTC prices go shooting up and they don't have the BTC to settle the claims, so BIG players might not want to fuck around like that, but I still don't trust BIG players... sorry, it is just my skepticism regarding traditional financial institutions already existing cultural acceptance/practices to engage in fractional reserve shenanigans.. and hoping it all works out of the market moves against them.

How could you ever accidentally go 80x, then?  how could that be a typo from 2x?  Maybe a typo from 8x?  Maybe your more adventurous days?  Maybe you learned your lesson?  One and done?  Living off the profits of an "innocent" and crazy-ass "mistake" that worked out in your favor?

Could be bullish for bitcoin, in the sense that honey badger gets some kinds of jaded pleasures from the seeming inevitabilities of the fuck ups that relate to various shitcoins - even if such fuck up(s) wasn't exactly ethereum's fault that there exist either scammy or hacked exchanges that are dealing with your inflated, scammy or hard to verify quantity of coins, if they can be called that?

Don't spend it all in one place.....


Forced deferred gratification....  but who should be complaining about "free" monies (except there was a bet on the line, and there is that)......

 


That's why I come here so frequently... . for the lulz....


So funny that you, Arriemoller, can't get over a few deleted posts... especially and in spite of you obviously being in the wrong.

 

When you 80x too frequently, it comes back to bite you, and peeps never talk  (or brag) about their losses... that's one of the major problems of going 80x more than one time (after you had already gotten lucky, even though admittedly it had been an accident).   Squander away all gains plus more and maybe even end up going completely broke out of desperation.  it tends to be an illness for anyone who plays more than once.