Tether? Ether? Neither!
BUMPER STICKER! Totally. WO cogders (Biodom too I mean) exhausted my merit supply, but it was JJG's flashy adult English that gave me dee first startlening. I am an early codger-lite ..that giveth back and more..with pleasure.
|
|
|
You can call "not selling in 2017"' a mistake ONLY if we dip below 20K.
Otherwise, I am still up more than 100% since Dec 2017. It's "only" about 20% a year, but it ain't "a mistake".
There were faster horses, of course, but "they" are riskier as well. The main problem with those is informational disadvantage. In comparison with bitcoin where everything is upfront and the "rules" are clear, other projects could rugpull you before you say" what the f...?"
|
|
|
@jjg you outdone yourself here haha.."bitcoin is 1000X better than gold, so it has to cost 1000X of gold".
well, light microscope is 1000X "better" than a human eye to see relatively small objects, so it has to cost 1000X of the eye, right?
it's hilarious.
|
|
|
@jjg..your comments about my holdings are a bit strange. I never disclosed it, so you basically circle-jerk yourself talking about this. The number you keep referring to was one of the hypotheticals that I posted to indicate that you didn't need a lot of money in 2014-2015 to have a decent sum now, but I never said how much I personally got, so let's just drop the subject due to the number being discussed being based on your vivid imagination and nothing else.
I also remember that at one point i was also referring to 0.03 btc being a decent number based on average per earthling being able to buy only 0.003. Examples are just this: examples. Do bots get it or it is too much to expect?
btw, your "peepered for Uppity" line is getting stale.
anything new?
|
|
|
USA, what happened to you guys?
haha "Why do you see the speck that is in your brother’s eye, but do not notice the log that is in your own eye?"
|
|
|
It's all true about no or diminishing cycles, but then it is difficult to find pivots. Maybe go by oversold conditions, but you could still be off by quite a bit. The best policy is to not sell much for a long time. It worked for AAPL, GOOGL, even MSFT and it should work even better for bitcoin. All schemes that include buy/sell every thousand are pitiful. Buy in oversold conditions, sell (if you must) in overbought conditions. That said, those situations might still carry on for extra 20-30%, so achieving an absolute top/bottom is a rarity, but try we must. Even if it goes back to $10k, I am HODLing, will keep on buying coz I am proud to be the first 1% in this technology. That escalated….. 10k talk etc….. <snip>This sums up the behaviour of both the spot and the derivate traders. I'm sure their loss is tremendous, but they continue to believe doing the same thing over and over again will give different result at the end. This is just the definition of stupidity. of course, because most of them are playing with "other people's money" (OPM).
|
|
|
Bitcoin market vs Wall Street:
2018-2021 in bitcoin is the equivalent of Internet in 1997-2000 (the early pile up, volatility in 1998 that could be compared to bitcoin's 2020 episode, recovery and fast capitalization growth).
2022 (plus maybe part of 2023, maybe not)-Wall street, having figured out that bitcoin (with or without others) is THE GAME (witness where all former head honcho regulators from SEC, OCC, etc got the new jobs), wants to push bitcoin down as much as they could similarly to Internet stocks in 2001-2002.
late 2022 (hopefully) or 2023-we start the bull run that would last a VERY long time and would go to incredible highs (for comparison see charts of GOOGL, NFLX since 2004). The underlying cause-mass adoption, of course.
TL;DR it rhymes with the Internet story-line.
|
|
|
interrupt of the negative CB streak...come on, buddy-boy!
|
|
|
The Fed has signaled it might have to raise interest rates sooner than expected to fight inflation. This is why bitcoin is down.
Now we also know why Elon began selling so many shares of his company.
edit: Oh, the Fed's policy meeting took place Dec 14th-15th. The plebes only found out what they discussed today.
that's all temporary. with debt loads we have, the 10 year rate above 3% would be near impossible (without a wave of debt delinquencies). Great point about Elon, though..in fact, many insiders sold quite a bit. I also agree with SEC in this instance: if you have an established stock selling plan (and most of CEOs have it), you should NOT be able to sell much more on a whim without triggering some penalty, otherwise, it is insider trading, pure and simple.
|
|
|
LOL…. Srry @biodom But imo everyone goes to fast in flow with the trend 1 week back @49-50 some say ATH close to days later no ATH in 2022 The things I read sometimes huh? i don't think i was too bullish, but i am not really bearish either as that twitter guy is . If we were lower than expected on the up, maybe we would do better than expected on the down...and I would certainly hope so.
|
|
|
Some analysis..may happen and may not:
With Nasdaq up above 20% and S&P 500 up well above 20% as well, historical numbers suggest a continuation of about +10% for regular stonks for 2022.
Bitcoin should be ahead maybe 20-30% as it is more volatile. 46K plus 20-30% is 55-60K by the end of 2022.
However, during a year of fast economic growth and some tightening, there is often a Spring weakness to the extent of 10-15% in S&P 500.
Nasdaq is already doing something on the down side, S&P would likely follow.
Therefore, btc might also have an initial drop to 32-36K (if we break 42K). Reaching 42K is pretty much a given, sorry.
Stopping at 32-36K would establish a higher low from where we can launch to 55-60K toward the EOY.
TL;DR A skewed V for 2022 (with faster relatively small down then up, but not ATH).
|
|
|
Shorters are being relentless lately, indeed. One already got rekt.
just one? is there a famous case on the interwebs? the original bitcorn dude or stolfi? you don't mean our bastion of negativity, proudhon, who is allegedly the biggest hodler of them all (trying to play with the little fish here).
|
|
|
I wish i could find a decent card for MSRP instead of buying a whole PC (with that card) for a price of the card (retail). This is seriously pissing me off.
|
|
|
@jjg..the problem with you is that you are wishy-washy about EVERYTHING and not willing to take a stand. F-g percentages. Basically, you: 1. don't want to risk anything 2. hide behind 'negotiations' 3. did not take a chance to DOUBLE your stash while having a 4:1 odds advantage.
I conclude that you are all air (or bits, whatever). I cannot take your opinions seriously anymore, but not a surprise, really...you has always been one gigantic gas bag.
|
|
|
Happy new year everyone. So I'm gonna break my my cardinal rule of never posting food pics just this once, only because this one made me laugh. A Hassel-back russet potato I made for 1st time, with homemade mushy peas. Believe it or not, it was actually really delicious. Presentation wise? Well to me, (and most likely everyone else) it looks like a giant dog turd next to a pile of green nasty who knows what. And that Sriracha squirt red blood spatter design doesn't really help.....prison food a la carte maybe? Gordon Ramsay I'm not..... GO BITCOIN To me, it looks like Mario, but it should have been two green "eyes", of course. Happy NY and bon appetit!
|
|
|
@jjg...i hope EVERYONE has seen now that you weaseled out from a straight bet with a VERY favorable odds. To me, it says a LOT. Here is something for you to put your hat on now: https://www.youtube.com/watch?v=0H5a-l9-hqUto me, this sounds ridiculous, but the 'weasel party' would like it. a small question: if it goes to 2023, then why it is even a cycle?
|
|
|
OK, 9mo is Oct 1 3:30pm now, indeed. Apart from this, you just want to weasel out, do you? You don't even have the funds or the courage, so fuck off or take 4:1 odds (which you implied) like a man (whatever).
Well, it could be 0.31 from you and 1.24 btc from me if you want this. ...I am going to enjoy it (taking about half of your s-t).
no other terms and no terms about your 30-65K betting bullshit. take the odds in your favor or stfu.
|
|
|
Pretty sure Max Keiser promised 220k by the end of 2021...
Nothing a new "clown" act cannot fix.
|
|
|
@jjg "A false irrelevant and unimportant indicator that you would like to cause to be relevant, when it no doesn't mean shit."
I think it is quite important, and if you think that it doesn't than you are delusional. To go in one year from 73% to 40% is not nothing. In actuality, i was actually cheering it UP, not down and you got enraged by a mere mentioning of the word. What's wrong with you?
@jjg Regarding our bet-I would like to call your bullshit on this.
Here are my odds and conditions:
Since you give 25% to above 200K, I would bet 0.4 btc that it won't exceed 200K until 1pm EST Sept 1, 2022 and YOU would bet 0.1 btc that btc would be above 200K at some point between now and the date mentioned here earlier. 4:1 odds in YOUR favor. I don't care betting on exceeding 30-65K range and I would not accept any other conditions.
uie-pooie says what?
|
|
|
|