I actually do understand that if peeps are either 1) just getting into bitcoin or 2) they just got into bitcoin in supra $10k prices (or have supra $10k average costs per BTC), then they may feel that they need $100k-ish to "get rich", but even with those two conditions that I mention above, there are a large variety of scenarios that fall quite short of $100k that could facilitate really decent living and profits from BTC without necessarily having to reach $100k to achieve various levels of success.

Surely what you are suggesting, BTCMILLIONAIRE, seems to be a level of profit that you would realize in which you could really have icing on the cake, and even if such icing on the cake does not happen, there would likely be a large variety of BTC price performance scenarios that allow you to live quite comfortably (even if BTC does not cause you to have those various extra (still potential) bonuses).

Actually, I recall when BTC was in the $200s and my average cost per BTC was in the $500s.. I think there are several of us who HODLed and Accumulated BTC during those days, I thought that it would surely be nice to get at least to the break even point... and then in that kind of situation, bitcoin is merely serving as a long term store of value,  yet I still continued to think that even if BTC prices do not get above $500 again, I am still o.k. because I have not invested more than I can afford to lose, and I am willing to ride the whole thing down to zero.

Of course, now, for me, there is a lot of cushion and a lot of equity and surely the value of my total holdings does go down if BTC were to go down to zero from here, so yeah, maybe I can act a little bit smug about the whole thing.. yet I still am not really considering the whole situation for me to be vastly different from someone who is currently investing into BTC but has an average cost above $10k.. Every BTC they buy at these prices, brings down their average cost per BTC tremendously, and maybe they don't have a whole hell of a lot of spare cashflow to be monkeying around with, but still that goes to the situation of NOT investing more than you can afford to lose and being able to both ride out the long long term (including being able to pay all bills, have entertainment money, have an emergency fund) and if BTC prices were to go to zero, that long term investors should be ready, willing and able to ride it all the way down because of the way that they got into the investment and that they are not using money that they actually need in the shorter time frames that could last many many years 5-10 years or more. 

I surely don't believe that the chances are very high that what is beginning to seem like a bear market (and perhaps even bottoming out, but unsure) will last more than 2 years from here.... We seem to have really decent odds, especially the 2 years and longer time frame, even though nothing is guaranteed in bitcoinlandia.  By the way, I am picking the 2 years timeline because that is a bit more than 6 months after the May 2020-ish halvening, and even if there are all kinds of pressures to manipulate BTC prices down for the next several years, there comes into effect a kind of hard reality regarding the limited supply that will cause additional difficulties in continued attempts at forcing the price down and the effects become greater and greater felt as the increases of the supply are half of what they are now...  Block reward down from 12.5 BTC per block to 6.25 BTC per block.

I gotta focus battle on noobies, since I'm getting pummeled by old foggies.   

Please (I don't usually beg, but what the heck let me try something different), tell us about bitcoin price dynamics and/or about your own bitcoin experiences and thoughts, rather than telling us about ourselves...

It is a bit of a contradiction for me to admit, but sometimes a guy needs to have some compromise with any chick who goes through such efforts to make such a ridiculously funny shirt (of herself, largely).

So yeah, I probably would wear it from time to time just for hilariousness.... but if the chick starts to act like she is the boss and that kind of baloney, then a guy gotta sometimes put his foot down, too.

There could be circumstances in which bitcoin personas are public or even a choice to meet in a more controlled atmosphere rather than a larger group....

Even though I would proclaim that I am not intentionally polarizing, there is a kind of polarizing effect that I have to admit based on reasons.

Nonetheless, I recall that some folks suggested that they would attend a WO BTC price party in a kind of camouflage.  From time to time, we have had these kinds of price celebration discussions for the whole time I have been participating in this thread.. ..

Ultimately, it does seem that any party would end up being smaller and quasi-exclusive, if it were to happen, rather than wide open.. perhaps a kind of sub-click of members who feel comfortable with each other, which also could be problematic with really feeling knowledge of an online persona that could be "faking it" at least and maybe evolving into lord of the flies-ish in longer meatspace party scenarios (like empowering suggests, such as on an island.. hahahahaha).  By the way, lord of the fly scenarios seem to be harder to achieve on the interwebs, even though they seem to be attempted, from time to time. 

Bitcoin is already an achievement, and sure, I can concede that various higher BTC price milesstones along the way will be additional achievements within the monetization and financialization categories.

That's hilarious that any guy would wear that.

You should not get slack for plagiarism...   

I would not get too preoccupied with blaming benefits that go to more regular people as compared to bank bailouts and bullshit like that.  Social benefits remain in a drop in the bucket, and certainly student loans are an empowering tool for those who believe that education is a worthy social benefit, as compared with bailing out bank fat cats, which seems to be a worse use of government money... but whatever, we are devolving a bit off topic in terms of whether government can serve various useful purposes in terms of setting infrastructure that helps to empower individuals who are also willing to contribute to society, too.  Of course, also with student loans, there are questions of privatization and also whether loans should be the vehicle to establish education, so the problem is not so simple as to suggest that loans by themselves are "the issue" to focus upon.

Earlier, member Your Mother was suggesting that 2x spikes were common, but I am quite skeptical of such assertions, that would imply like a $7k+ range.

On the other hand, I would not mind a compromise spike to $5,500...   Can that [reasonably] happen sometime soon?

Seems like we did this already:

Perhaps you are opting for the blow job?  instead of the beer?   

What the fuck is your problem, you dumb fuck?

You want to make your dumbass situation about me, including your belated attention whore manner of taking responsibility (or not taking responsibility and blaming other) for something that you should have addressed in more timely and less whining manner.

Get real, diptwat, regarding your lame ass exclusionary assertions. 

If I notice that you whine in some kind of pussified attention whore way (which seems to be part of your personality), then I am not likely to refrain myself from at least acknowledging such self-obsessed nonsense.

"Oh poor me, poor me, I cannot squelch other who I don't like from commenting in a quasi-public thread."   

You should not need $100k BTC to get rich from bitcoin.

Of course, $100k will help, but you should be able to get rich by overall prudent investing, dollar cost averaging, as long as BTC continues to do its thing.. even if the upward performance becomes less steep.. let's say in the 10% per year arena  rather than the 60% to 100% arena... (yes, I understand ways of calculating can vary), but my point is that you should not need $100k to get rich.  That is 25x from todays price, which certainly is not guaranteed, even if it has decent chances, counting on it seems both fiscally and psychologically irresponsible.  (like gambling with what should be an investment)..

I would really prefer upwards price movements instead of downward price movements, and I understand taht this could reverse at any time. 

However, there is a realization that this could drag down, even into the triple digits, which would not be the death of bitcoin, but it would slow down some of the innovations, and perhaps even cause some increased attempts at attacking it. 

I doubt that bitcoin would die or even that the good developers would give up on bitcoin, because there continues to be a lot of goods stuff going on.  There could be some scenarios in which good developers would levan bitcoin, but I really don't consider it necessary to speculate on matters like that that seem to have really low probabilities, at the moment.  Let's see. .... Let's see.   

We were already below this range.

Remember last week?  $3474?

I was just attempting a short rebuttal of the bug that happened to make responsive statements about both me and Bob... so any defense of Bob was incidental, not purposeful, and seemingly not too likely to fit a "white knighting" categorization.. .  I would not want that... hahahahahaa

Congratulations, roachie poachie.

You have attempted to make a thematic connection of your post to the topic of bitcoin.  I am so proud of the improvements you are making from time to time.

Just in case you did not realize, Bitcoin has some modeling on sound money aspects of gold, so in that regard it is a kind of attempt at improving gold, which surely if you look into the matter a bit further, you will recognize that we no longer live in the stone ages (and Armageddon is not too likely either).  Therefore, bitcoin seems to have vast abilities to improve upon gold in a number of ways including its scarcity, verifiability, divisibility, portability and likely various other aspects.

Based on bitcoin's decentralization, it has become the most sound of money ever created, and alt coins (aka shitcoins) don't tend to have the same level of bitcoin's decentralization, and they are frequently inadequate imitators of bitcoin and frequently misleading or attack vectors on bitcoin, and that is part of the reason why alt coins are referred to as shit coins. 

Bitcoin would not be referred to as a shitcoin, unless it were to be proven that there is some kind of scamming or inauthenticity going on with bitcoin, and anyone, such as yourself, who might be attempting to make such claims, will need to show factual and/or logical evidence to demonstrate your points, which I doubt that you can because you frequently go off topic and I doubt that you have ever been able to show any facts that bitcoin is anyway deceiving or scamming in what it purports to be.   

That's ridiculous.  If I cut and paste anything from the interwebs, someone would have spotted that by now.  NOT so difficult, these days.

My texts are 97.82140356995% original, which is pretty damned closed to 100%



Bitcoin is not a shit coin, dumbass.  Get your shitcoins straight, otherwise infofront might have to eject you from this thread for mere stupidity... I mean even dumber than your usual PM pumping stuff.  


You have said it a few times before, so just in case anyone might have possibly forgotten, you have been there to save WO readers (anyone reading your posts) from any possible loss of memory and repaint your exaggerated story in your own misleading and distracting kind of way.  

Thanks Roach:




NOT

I am thinking something like this:






or this: