She did a similar thing around the end of 2014.  Maybe at a certain point, her handlers don't want to pay her no more?

Tera, is that you?

Seems that Tera dee bera has transmorphized into Hairy da barey.

Haahahahahahaha..

Just kidding.

I just don't buy it.

Yes.  Currently, I do recognize that alt coins are dumping more than BTC, but I just have a sense that several of the alt coins will be coming along for at least one more BTC ride up the exponential price rise.  Surely, I could be wrong about my hunch, but to me, it just seems too early to assert that they are dead and that BTC is the unambiguous winner.

We have decent chances that in the end, BTC is going to be the unambiguous  winner, but there seems to be a lot of ambiguity for alt coin pumpers to exploit along the way.. and at least one more alt coin pump is going to be part of that taking advantage of ambiguity and almost an limitless supply of dumb money.

The "mymenace bot" seems to be back to nearly 100% capacity, at least in terms of posting frequency, not in terms of providing any kind of meaningful contribution to the various topics of the thread.   I preferred when you took a bit of a break, perhaps down to 20% capacity.






Perhaps some mymenace bot hari kari might come in handy, here?

That is called koreck.

No need to go back and flesh out the possible extent to which any non-bitcoin might possibly be valuable because that is a horse of another color.   

I am just giving my perspective about a lot of the seemingly off-topic derailments.. and surely, people do get into some of those kinds of discussions from time to time, but really, the fact of the matter remains that it is not on topic, unless you at least attempt to make some kind of effort to make a bitcoin connection.

Am I being too nice?  I thought that I was at least 93% "in character."   

It seems fair to be auto dismissive, when we are in a bitcoin thread, right?  There is no reason to really get into any details of any alt coin whether it is good or not.. who gives a shit unless it is central to some other bitcoin related point.

Haven't we had enough irrelevant pumps about Bcash, and Ethereum and precious metals, and now monero is going to be added to the supposed "value-adding" alts?

Yes... grasping at straws in your attempt to continue to bash on bitcoin in this correction situation... Hopefully, you can get some pump in the alts, even though they remain pump and dump shit, just like I mentioned.  Point the fingers at BTC might be your distraction, when you fail and refuse to recognize bitcoin fundamentals being above and beyond superficial talking points that are largely present in the alts.

Regarding your paper assertion in bitcoin, yes, there are certain kinds of financializations that are being built upon bitcoin, and that can hardly be helped.  I would think that the smart investor is going to continue to be the one that holds the actual bitcoin rather than any kind of fractional reserve that might be permisable through futures contracts.

Regarding segwit, you are completely full of air and non-substance if you think that there is some kind of fundamental problem with the off chain (and second layer solutions that that fuels).

Who gives a ratt's ass about phoney ass market cap fundamentals that attempt to portray some kind of meaning in the share of various alt coins...   Throughout this 99% to 40% and back to 50% process there has been a lot of shit coins added to the mix, and who gives a shit.  Bitcoin has remained king throughout, even if some folks happen to get distracted into alt coin pump and dump imitation projects.

That's bullshit.

There is no need to diversify into shit coins.  Of course, there may be other reasons to diversify, but why buy pump and dump paper tigers?

Two nonsense points.

First there is plenty of reasons to hate on Roger, and second, who gives a ratt's ass about Monero.  this is a bitcoin thread. 

The pattern has been dubbed as the bart simpson pattern or the upside down bart simpson pattern, depending on whether it is n shaped or u shaped.   No more knowledge is needed beyond knowing what to call it.        

Get the fuck out of here.

There are other statuses in a market besides "bear" and "bull," and just because we might not be in one, namely "bull" does not logically follow that we must be in a "bear."  

Can you come up with some kind of better assessment, beyond your stupid ass supposed common wisdom proclamation that bitcoin is in a "bear market?"

It's deluded derpinheimer2 bringing knowledge to the bitcoin space one post at a time.    

I'm thinking about your assessment of the real world situation and the prevalence of "no coiners."

Bitcoin continues to have such low adoption (quite less than 1% world wide, and assumingly less than 10% in the even most crypto friendly of quasi-real world locations), that I would be surprised if any wedding had any kind of meaningful number of bitcoin HODLers.  Covertly, there could be a few bitcoin HODLers in your presence.

Maybe it depends on how you define future?

Yeah, ETH has been used to promulgate a lot of other shit coins.  That's its main use case, and accordingly that gives ETH some kind of future - perhaps 5 years?  Perhaps some other quantity of time, but it is not built to last, such as bitcoin.  From what I understand Monero may have some more longer term viable fundamentals than ETH, and in that regard, could serve as a kind of parallel investment channel to bitcoin, but I don't really see why Bitcoin would not largely absorb any of Monero's supposed advantageous features, that is if those supposed advantageous features prove to be advantageous?

Remember the end of 2014, there were all kinds of folks coming out of the wood work advising how to "make a killing" shorting bitcoin, and that was towards the end of the period in which shorting was really profitable.  Sure you could have had some periods of "o.k." performance to short Bitcoin between late 2014 and 2017; however, as you suggested, you would have done much better just attempting to accumulate as much BTC as you could and would not have even needed to use leverage in order to make a killing buying all the way until about October 2017.. hahahahaha 

Isn't a rule of BTC price movement (or any market in that regard) that the whales will attempt to push the price in the direction of least resistance?  As lay persons, it is not always easy for us to assess, and probably even for whales they might perform a test pump or dump, and hope that others will follow that particular direction.

Yeah, but when?  that's the question.

Perhaps.  However, being in a "bear market" versus being in a bit of a prolonged correction could be merely a matter of framework.

Bitcoin took a bit more than two years to go up from the mid $200s in mid 2015 to its $19,666 price peak, and so retrospectively we could have labelled that as a bull market, but I don't think that we realized that we were in a bull market until around May 2016 or perhaps later.  Similarly here, I think the term bear market is too prematurely applied because you even seem to accept a definition of being in a bear market is that the price is more likely to break out to the downside rather than the upside.. and I am not quite there with you with such assumptions, even though a lot of people are continuing to make these kinds of assertions.   Even if the price does break down in the next time around, might not confirm that we are "in a bear market" because it could merely confirm that "the bottom of this current correction is in".

By the way, there have been at least 4 attempts to significantly break below $6k since early February.. which also would tend to give less credence to your "bear market assessment" and really suggest that a bear market label remains premature.. at this time.





Your afraid because you have a feeling that weighs more towards down rather than up, but you really are just grasping at straws and trying to describe the downside scenario as more certain than even you can muster up in your own thinking.


Well at least you are doing one thing right, and holding.  Perhaps your too strong of a negative assessment might be causing you to be making a mistake by not buying a bit more at these prices.



So fucking what?  Almost everyone who is holding any kind of quantity of BTC through the ups and downs can look at the BTC price in retrospect and say to him(her)self, " I wished that I had sold a bit more when the price was higher."  That is not saying anything.  Of course, any volatile market is going to have ups and downs and the bears are going to attempt to take advantage as much as they can of downward BTC price momentum to attempt to get people to sell their coins at the bottom by misinformation and continued attempts to push the price down.  At a certain point, they run out of sellers.



I am not sure what that means.  It happens to a lot of us that we might buy too much as the price is going up, and then the price reverses on us.

I have been in bitcoin since late 2013.  So I had found out about how to get into bitcoin towards the top of the then price surge to $1,163, and therefore I bought throughout 2014, while the price was going down.  Furthermore, I was afraid to sell any BTC in 2015 because I would have been selling at a loss, so I held and bought a bit more here and there.  By the time late 2015 came along, I had figured out a strategy that I could sell a portion of some of the coins that I had bought in the lower $200s for higher prices in order to prepare in the event that the price went low again.  In October/November 2015 when the price shot from about $280 to $500, instead of selling some of my BTC as I had planned, and alternatively instead of HODLing, I bought some BTC close to $500, and it took more than 6 months for those $500 BTC to return to profitability.  So certainly, I understand the feeling of FOMO buying, and there are a lot of people that get sucked into that kind of trap.. especially if they are new to bitcoin and have not figured out a more rational strategy to deal with BTC price spurts, which are nearly inevitable with the ongoing price dynamics of this market.

So the best strategy is to buy on the way down and to sell on the way up, and if you get emotional about what you are doing, then the alternative would just be to HODL through it.. and perhaps you are attempting the HODL strategy at the moment, but even if you have fears and senses of certainty about which way the BTC price is going, you gotta take your own feelings with a grain of salt, because in the end, BTC prices can go either way, and any current assessment of a BTC "bear market" seems way too premature.