If go up, then me like.   

I read enough to reach my conclusions. If there was some kind of warrant for looking at the matter closer, then possibly I would have done that, but Anunymint/Shelby did not make any such presentation.. and so far I have not seen any reason to revisit my conclusions that the guy is largely a troll nutjob that is engaged in spreading FUD nonsense rather than attempting to build and contribute. 

Furthermore, Anunymint/Shelby is and remains a banned person from this forum (the fucktard), so I don't understand what purpose it serves to idolize and put such banned person on a pedestal when he does not have enough posting smarts to NOT get banned (which includes my already assertion that it takes a whole hell-of-a-lot of posting of bullshit nonsense in order to get banned from this forum, which Anunymint/shelby has accomplished on numerous occasions, which also substantiates the likelihood that his ideas don't really deserve any special treatment because even he was not able to present them without unnecessary and irrelevant provocations. 

Another point is that you should also look in the mirror, perhaps, and attempt to figure out why it is so important for you to want to continue to bring up bullshit points and to revere nonsense ideas of a banned person as if his ideas and even his person were/was more than they were?

Yeah.... If you draw a bunch of down arrows, and you say that the situation looks bad (or not pretty), then that is really scary. 

It feels almost as if such a negative scenario could actually happen and largely because it is stated on a chart.

Bullshit.  He provided convolution and distorted speculation.. similar to any FUD spreader that attempts to persuade you of nonsense.


There were plenty of ad hominem attacks, irrelevancies and convolutions from Shelby/aunymint, the purported angel... I remember that.  You don't want to miss an opportunity to bring up some more bullshit FUD spreading, jbreher?

you forgot about August 2014? and August 2016?  Aren't we in a even year pattern?


Don't get me wrong. ... I am just asking questions. I don't place a lot of emphasis in calendar year (or seasonal) BTC price patterns.

We come from an uptrend too, and it just depends on what time frame you are looking at.    Hoping NOT to be wrong.  

You are whitewashing anunymint/shelby to be more than what he is.

He engages in convoluted distractions including frequently attempting to suggest that there were some kind of burden on others to prove him to be wrong rather than him having both the burden of production of evidence and persuasion about the relevance and strength of that evidence, and further if he were such a supposed genius, he would present his ideas and refrain from ad hominem bullshit....

Yeah, Craig, the asshole, has an ability to make anyone look reasonable, even PeterR...   

Isn't that a slightly different point - concededly a related point, but different?

I think that my long story post was attempting to suggest that there are a lot of bitcoin (and perhaps even crypto - though I am less interested about that) polls out there that try to suggest that they are polling people about bitcoin awareness and use, but really it seems to me that there is a need to go into some granularity before we really even begin to understand what is being polled exactly and the meaningfulness (or lack thereof) regarding the various responses to the poll.

Link or it didn't happen.   

The non-specificity of several of these kinds of polls frequently raises a lot of question about who the hell is answering and what are the specifics?   

The seeming fact that less than 1% of the whole world have any kind of meaningful bitcoin adoption tends to show that even the concept of "heard of bitcoin" will likely show that they have hardly any clue about what bitcoin actually is.  Accordingly, you can "hear" about something and not really know what it is.

I have been studying bitcoin for a few years, and I have quite a few difficulties with bitcoin.   In about November /  December, i had a "friend" who was seemingly desperate to get into bitcoin, and really wished to own a whole bitcoin.  At least, she kind of took my advice about dollar cost averaging rather than going in really deep in the supra $10k price territories.  She followed a bit of my advice (partly) and dollar cost average acquired bitcoin for several months, and then she kind of gave up.  In about April/May she was a bit despondent about Bitcoin and said something about her average cost per bitcoin being around $9k, but she had only acquired around .7BTC.   

A few times later, I asked her if she had bought any bitcoin while it was in the $6k to $7,500 price arena, and she kept coming up with excuses, and then a few days ago, she showed me that she had acquired 1 bitcoin.  She did not give me details, but I am presuming that she mostly bought in the sub $7k price arena.  And, also during that same conversation, she saw that I had opened up my zero block app on my phone, and sh asked me what was block time and what was hash rate, and when I attempted to explain, she said that there has to be a better way of explaining because she really does not know what I am talking about. 

My mom had asked me some similarly naive questions a couple of years back, and I realized that her investing into bitcoin did not really mean that she had any kind of meaningful clue about bitcoin except that I was recommending that she dollar cost average into it and to HODL it.

Part of my point here is that normal peeps don't really want to learn about bitcoin or to understand it, even if they might be investing into it.  Another part of my point, here, is that a lot of people likely have little to no clue about bitcoin, even if they have heard about it, and part of the evidence of their lack of understanding is that the global adoption seems to remain quite below 1%. and even many who actually "invest in bitcoin" are largely dabbling with quite a bit less than 10% of their investment eligible capital (to the extent that anyone has a practice to save enough to maintain some kind of investment portfolio).

right leaning gays sounds like an oxymoron

You in the right thread?  Have you noticed that this thread is about bitcoin?  What the fuck is NEO is it some kind of bitcoin?


You are lucky to be treated so nicely, when you are an off-topic newbie.

Oh?  You have not had enough opportunities to buy coins in the $6k territory?  We are in the $6k territory right now?  In the long term, there is not much difference between $6,400 and $5,900.  

In other words, haven't we had enough time to buy?  Aren't we ready for up, yet? 

Maybe I don't understand why supposed bitcoin bulls would be hoping for lower BTC prices (to accumulate more) when we have already had a pretty decently long period of low prices (since early February there have been dips into the sub $6ks), so aren't we ready to move up, yet?

I have screened a lot of people through local bitcoins, so perhaps I meet only about less than 1/3 of those who respond to my advertisement.  In the end, I met a lot of people through local bitcoins, but I make them do it on my terms, since they are responding to my advertisement.  Therefore, I never go to their place, and a large majority of the time, I don't negotiate beyond the terms of the advertisement. 

If you are responding to someone else's advertisement, then I would suggest the same thing, just attempt to comply with their terms (and maybe just transact the minimum amount or near their minimum amount, just to get a feel for them).  Once you meet them, then you can negotiate if you want to have a continued relationship.



There does seem to be a difference between ATMs and I suppose if you live somewhere in which there is a lot of direct buy/sell competition then the ATM terms may be more reasonable.


I still remain of the position that if you own 10 bitcoins, it might be reasonable to have 10% of that value (which would be the value of 1 BTC (whether in BTC or in fiat)) on exchanges, just for some flexibility.  Most of the risk of exchanges seems to be securing your credentials rather than the exchange itself doing some kind of exit scam, but yeah of course, they set rules for their exchange, but if the amount that you keep there is smaller then you are probably less likely to butt heads with them.

Your attempt to describe bitcoin in various time phases seems to be an attempt at a kind of spinning that describes bitcoin as a maturing product that is both 1) receiving meaningful competition and 2) going through stages of maturity that involve kinds of diminishing statuses.   In other words, it seems that you have a kind of pie in the sky of making shit up.

You think that hardly anyone knows about bitcoin now, think about 2009 to 2011, it was the geeks of the geeks, and so a very very insider group that knew about bitcoin and its budding creation... hardly even had any market value, and barely begun to have a place to trade it on Gox and perhaps a few other ways of individually making direct sales.


Of course, bitcoin remained unique.. hardly any alt coins during this period.. and they merely took bitcoin's code and changed a few features.. but bitcoin definitely dominated the space.. even while it continued to hardly be known.,, except perhaps a bit more in 2013 with satoshi dice and silk road developments.


Yes.. a bit of increased merchant adoption of bitcoin during this pre 2014 period.. but still barely becoming known.. other alts never really took much hold during this period.


Your parsing here sounds like a bunch of bullshit.  There still aren't any coins that have the level of bitcoin's computing power that allows it to continue to build on its vision..  Other coins are not taking any market share beyond pump and dump and ethereum was barely entering the market at this time after Vitalik decided to rage quit from his BTC participation to create his own insecure imitation but a bit different pie in the sky toys.


Get the fuck out of here with your claim that bitcoin is deviating from its original vision, and that is just not true.  Sure, bitcoin is evolving through consensus to have changes such as segwit and lightning network, but bitcoin remains the same bitcoin, too, so you can chose how to employ bitcoin and whether to employ bitcoin.  The drama of the last 2 years have been mere attacks that try to create impressions that bitcoin has deviated, but in the end, much more success for bitcoin because the attacks have largely shown to be failures... and people are realizing the bullshit nature of the various pump and dumps and vaporware scams.  Sure, not everyone is realizing these facts, so your spouting out nonsense is going to continue to have audiences who believe that kind of bitcoin is a failure disinformation.


Who gives a shit if various other coins are used for spending... bitcoin has those features, too, and there is no need to rush into providing those services, .. and with the passage of time more money will gravitate towards bitcoin because of its security and the soundness of its money rather than some kind of bullshit claim that other coins have more spendability.. no one is spending other coins, anyhow... but even if they are being spent, there are issues with their security and soundness of their supply issues and if controllers can just create a bunch of new coins or you don't know about the supply, then why the fuck you want to hold manipulated coins like that?  By the way, what fucking coins are you referring to that are supposedly winning the supposed nonexistent merchant adoption race?  Do you have actual meaningful evidence?


Yeah, right.  You are repeating old stupid-ass talking points, and not even an adequate comparison.  You have heard of networking affects?  At least seven that Trace Mayer outlines, and none of the coins are even close to bitcoin in terms of ongoing networking effects that continue to grow with bitcoin.. so your bullshit about bitcoin supposedly dying is by making up talking points and facts as you wished them to be rather than referring to actual facts.  


Yes, the pyramid scheme talking point is another one that does not work with anything beyond made up facts, rather than actual facts.


with all the nonsense said.... you haven't really said anything, except making up a kind of wishful trajectory that you would like bitcoin to have.


I will agree with you that market cap of other coins is frequently made up bullshit.  There are some problems with bitcoin's market cap too, because there are probably 10% or more bitcoins that are lost or otherwise out of circulation - perhaps forever.

The market cap of a lot of other coins are manipulated by their supply issues.

Regarding price, Bitcoin is currently going through a correction, and yes, we are going to find out whether the bottom is in for this current dip, or whether more downward movement is necessary.  There is evidence in both direction, and so time will tell.  Furthermore there is some symbiosis with the price performance and froth of some of the other coins, so it could take a bit of time to figure out if this current bottom is already in or if the price needs to stay in the $5700 to $9k for longer or if perhaps it might correct a bit lower?  


What the fuck you talking about bitcoin or altcoins, or the whole crypto space?  Bitcoin remains different from the various other alts, so if you are trying to suggest that bitcoin's scarcity is screwed up because of the money creation of the various alts, then you are making a stretch of a claim... however, for some time, there will continue to be confusion by a lot of folks, including dumb money that will pump into the various other alt coins and ICOs and other non-bitcoin scams.


Now you are spouting off some nonsense about comparing bitcoin and gold?

First of all bitcoin (and even gold) is worth whatever the fuck people are willing to pay for it.  Currently the bitcoin price is floating in the $6,500 territory like you say, and that is based on its current status of various utility, present value and future value and perceptions of both present and future value.. and including the extent to which price momentum exists in either direction in order to either push its price lower or higher through the various liquidation channels that currently exist.  There is no need to get caught up in your weeds discussion of units and all that bullshit, because both bitcoin and gold remains valued at what people are willing to pay for it, and with the passage of time, there are a lot of folks that are coming to realize that bitcoin is much more valuable than gold in terms of its various currency features, scarcity which affects storage of value and its divisibility and portability... so bitcoin is likely going to be taking away much of gold's market share in the future, just like it already seems to have begun to do in the past few years.


Who gives a ratt's ass about various unit considerations, except if you merely want to attempt to confuse matters?  There maybe be some points in which other units of bitcoin should become more utilized, and perhaps there will be a movement to satoshis at some point, but the unit considerations do not affect the fundamentals as much as they just affect some of the perceptions of value, which in the end will work itself out, even if there continues to be some confusion caused by unit perceptions.


Ps.. you come off as a fucking liar... If you loved bitcoin so much then why have you been spending years and years spouting out your same nonsensical and misleading bitcoin denigration talking points?  Your actions do not come off as "love" but instead, you are compelled to engaging in ongoing negativism and spreading misinformation based on various negative ways to spin your bitcoin bashing talking points... whether you are a paid shill or you just have the hate within you.. your talk about love of bitcoin is a lie.


You can frame your supposed motivations in any way that you want, but you are still constantly serving as a disinformative FUD spreader.


You have not revealed any issues.  You have just typed a bunch of bitcoin bashing nonsense that makes little sense, and even you probably don't believe your own bullshit.  


Good you are quoting the same trace mayer as me... and yes they apply.  Bitcoin remains in way less than 1% of world adoption and bitcoin remains the king of all the cryptos... there is no other crypto that is even close to bitcoin in terms of overall solidness of its security and decentralization that is going to continue to have value flowing into bitcoin rather than other nonsense vaporware coins.


Seems like you are missing the whole point, and attempting to suggest that bitcoin has gone through any kind of meaningful maturity.  Bitcoin remains in the vary early days of much of the network effects, including adoption.. but the foundation of bitcoin continues to build and all of the network effects continue to build too... which seems likely to involve lightning network, too.  Your attempt to parse out, seems to suggest that you don't even understand the overall dynamics and direction of bitcoin and the value of bitcoin... which does not mean that there is any kind of need to rush into getting merchants to adopt.. or for bitcoin to compete with credit cards and pay pal, even though it is likely that in then long run, bitcoin will be eating the lunch of all of those  payment processors.. because there is a certain value to having control over your own banking and your own value storage, which ends up being some thing that still is going to cause bitcoin to win in the end.. including all the network effects that are still building on bitcoin.

Make direct connections with people through local bitcoins or through bitcoin meet-ups.. but local bitcoins does seem to work pretty well... real peeps with various experiences in bitcoin. Perhaps some of them similar to yours?

What does it mean when the time of the earlier chart is shrunk to about half of the later chart?  Or said another way, what does it mean that the later chart covers half the time period of the earlier chart?  Is it still accurate?  Is there a reason that in the later time period, the same magnitude of price performance could be accomplished in half the time?

Within your gibberish, surely one decent point can be observed, and that is that the expression that luck comes from a kind of preparation that meets opportunity.  Accordingly, if any of us continue to prepare and to have some of our chips in place, then when the time for opportunity comes we will be in a position to play our chips (which is a kind of luck that largely comes because we have prepared our own situation).

I was kind of thinking about a post made by infofront a few pages back, in which he indicated that the sentiment that bitcoin prices was going to go further down had increased from a bit less than 50% in April to a bit more than 80% in recent times.    So, yeah, perhaps you could have been considered in the 80%?


I know how any of us can get caught up about thinking about our average cost per BTC, and also considering that we could have had a lower number if x, y or z, but in the end, we have to attempt to learn from our mistakes, and don't become too extreme in our betting.

If you recall Elwar had been buying into bitcoin since before 2013, and likely he made a lot of mistakes too.  If you recall somewhere in about mid 2016 (around $650), he had made a really large purchase into bitcoin with a kind of leveraging (using proceeds from a sale), and a lot of folks accused him of being crazy.  I think he was under water for a while, and it was around the time of the bitfinex hack, so people accused him of being stupid.  Anyhow, my point is that a lot of people can invest and even be underwater for a while, yet with the right strategies (especially engaging in long term thinking), end up coming out quite well.. and even with a lot of equity built up in their bitcoin investment due to just HODLing through the ups and downs and in the long run, the average price per BTC does not look as large - meaning your level of profits become more and more considerable.



Actually what matters is all of that including the past, but surely both the future and the present are important too.. because each of us still has to employ our individual strategy and even tweak our strategy in the present based on our own financial situation which can differ in terms of our cash flow, cash reserves, risk tolerance, timeline, view of bitcoin, etc..



Probably an important aspect is that you seemed to have learned from the whole way that this bitcoin invention is playing out, and a lot of us recognize that the adoption level of bitcoin remains so small, and even if the whole damned thing fails, there is a kind of ability to weigh the probabilities of success and the probabilities of failure, and figure out that it is quite wise to put some decent sized stake into bitcoin - even if it is less than 10% of your total financial investment assets.  Sometimes you might not want to risk too much but even with a relatively small bet, your bitcoin portion of your investment has decent probabilities of outperforming your other investments in the longer term.



I think that I agree with what you are saying here, because we should have some stake into bitcoin, even if we believe that the price is going lower.  So,  we do have to have some stake in the game in case the price does not go down, but instead goes up.  Accordingly, we are prepared for the BTC price to go either UP or DOWN.