You seem to be causing your own issues and drama by attempting to defend your own posting and advertising actions and even the contradictory defensive posts that you make and further, to make matters possibly worse, to offer a service that is truly controversial at best and comes off as scammy even if there were some chance that your intentions were initially good.

Seems to me that a more sound mindset would be to invest into bitcoin based on your consideration that bitcoin remains amongst the best of long term investments, rather than putting your money somewhere else, in spite of its volatility.  Sure, my assertion here does not necessarily mean that you gamble or that you place more that you are able to comfortably lose and that you make sure that you have all your living expenses covered while you are making your investments into bitcoin.

 Therefore,  don't be relying upon or expecting to acquire any free Lambos because of your bitcoin investment, even in 5 years; however, if you prepare your investment, and you take decent stakes into bitcoin, then there are decent odds that you might benefit way beyond your expectations - which ends up "luckily" falling into the easy Lambo acquisition price territory....

You do whatever you want in terms of your posts to this thread.  I am just disclosing the feelings that I am having from such.    



Good point.  This thread does retain some of those kinds of speculation qualities, especially, since such thread is in the speculation section, and over the years, I have witnessed some "speculation" posts, other than yours.  



I feel comfortable with the system that I have already developed for myself, and seems like I would devolve into a kind of bat-shit crazy status if I were to deviate too far from the approach and methodology that I am currently attempting.


Sounds like a decent rate that might work for some folks, but not this folk.  



Honesty is a good quality.



Cheerleading can be good, too....  


Yes, and there are several ways to attempt to read the tea leaves, including your methodologies, which surely could be worse.

The above statement is largely a backhanded compliment.



Well, yeah, as far as I can tell, consensus was kind of over-blown event, especially after hearing about some of the on-the-ground reports about what was actually going on at such event - which was a whole hell-of-a lot of pumping of shit coins, which would not necessarily automatically result in some kind of bitcoin price rise, as was being proposed in a lot of circles, perhaps even in this WO thread circle by some.



Yes, that is true.  If we have a lot of hype, then perhaps the opposite might end up happening... I surely agree about that phenomenon in this bitcoin and crypto space.


So?  We are going to be rid of you for more than 6 months-ish?

I doubt it.  Sounds like you are now subscribing to the theory that we are in a early to mid-2014 like scenario rather than being in a early 2013 like scenario.  Seems like you are arriving at such tentative conclusion much too early, and likely we are going to be seeing you around these parts in the coming months, if not sooner, when the price likely ends up moving a bit more than you had anticipated (or perhaps after you get a little sleep in order to not be bordering on any kind of quasi-rage quit.. and who needs more drama queens.. we gots ourselfies enough of those in this thread without you joining such drama queen wannabe club).   

Yes, there are more "normal" peeps that attempt to learn from their mistakes and to develop better strategies. It can take a long time to move away from our tendencies to repeat our mistakes, and sometimes identify areas in which we can develop better plans and to place ourselves into a better position to prepare ourselves for luck. 

You know the saying that there is no such thing as pure luck because luck is largely a product of opportunity coming from preparation?

 I would not mind hearing some more of your details and plans on how you are expecting to go forward.  Hopefully, you understand that bitcoin remains the main place to emphasize your long term efforts, even while there remains ways to make short term profits from some of the alts.. perhaps?

I am feeling something from your posts, Toxic poxit.

Seems like every few days your chart prognostics are shifting with the prevailing winds. 

UP then SIDEWAYS then UP then DOWN then SIDEWAYS then UP then DOWN then UP then SIDEWAYS and now seemingly DOWN.   

Kind of like rollercoaster.....



Makes me feel like this:

Probably, we are not saying much different because my practices of living within my means and having a decently long projected cashflow are similar, but I still have learned to use my own credit, including 0% interest card offers (and other variations of such) to make more money than I could through my non-leveraged cashflow.  Sure there is some risk, but there is a whole hell-of-a lot less risk if you attempt to invest the money in appreciating assets, even if you might not be successful 100% of the time, you can run into situations in which your money earns much more than the interest rate that you are paying - even if that might be between 6% and 10% - for example having fiat invested in bitcoin between the end of 2015 and 2017 could have gotten you up to 78x returns, which would have been enough to pay off even the most usurious loan, even if you did not come close to maximizing the tops and bottoms.. or if you mistakenly put some that fiat into gold and silver instead of into bitcoin.

To the extent that Mister_Success is NOT acting too arrogant for his own smarts, he does seem to make a decent point regarding the leveraging of money towards appreciating assets instead of depreciating assets, so in that regard, sometimes, borrowing money can be a good tool to leverage a person into a better position that might not be within his options if he were not able to utilize loans.   Sure traditional banks have devolved, especially the bigger ones that have gotten involved in the sucking off of the money printing tits... so in that regard, there are some, so called banks that no longer service the needs of regular peeps.  So, in regards to investing in bitcoin, it would be better to invest into bitcoin rather than fiat, so could be profitable to use some credit in order to leverage your bitcoin investment -  though it can be a dangerous game, when it comes to highly volatile assets such as bitcoin, so you have to play your cashflows smartly, if you do not want to get rekt based on short term expectations, when bitcoin does seem to be longer term profitable.

You seem to be attempting to impose too much of your personal judgement on other folks, because there certainly is no one right way, and frequently, especially for more sophisticated investors, they have several assets that are likely not to be exactly correlated to one another, including sometimes decent ideas that involve putting cash directly into some asset rather than some of the complications that might involve borrowing and/or "working" your money.

Furthermore, it is quite likely that the passive income that Bob is locked into making on his $2million managed portfolio is quite a bit less than 1/3 of his total wealth...   If we take him at his word (and various representations), $2million seems to be less than 1/3 of just his crypto wealth without considering other assets that he seems to have and income that he may well be earning from other sources....

Actually, there is a bit of an experiential point here that makes sense. 

I recall way back in 2016, I had made BTC selling projections that tentatively hypothesized how much BTC I would sell at various points up the ladder, and surely in mid 2016, there were a lot of folks who stated that they would sell all their BTC at various points above $1k, and $3k to $5k seemed a bit fantastical even within grasp.

I had maintained a tentative price projection of $3k to $5k as being towards the top of the possible next BTC price upsurge, but even those numbers seemed a bit out of grasp with low probabilities, especially in the near term.

In mid 2017, after BTC prices had passed through $1k and $2k, and had already tested $3k resistance, without breaking it, I felt that I had to revise my expectations of the upper price range into the mid $7k territory, so each of these price projections were hypothetical and provided some outlines about how much BTC to sell on the way up, and tentatively projected the amount of cash that would be generated based on such BTC sales.

The reality of the actual BTC price passage above $7k and then breaking above $10k and $20k caused me to have to rethink my own situation based on the actual specifics about what to do with all that money that in actuality had been generated rather than being merely hypothetical and on paper....

Surely, when we do not have very much money, it makes a lot of sense to leverage money through loans, especially when we are buying likely relatively appreciating and possibly non-correlated assets, such as real property.  On the other hand, contemplating leveraging and the various burdens of loans, seems to be more of a hassle than it is worth when contemplating actual places to deploy excess dollars...

Gotta congratulate you jbreher, if you were lucky enough to pull out a bit of excess dollar generation in price areas that were in the ballpark of 20x beyond the short term BTC price expectations that many of us were having in mid-2016.. 

You know that it is not right to DOX peeps, right?   

Yeah right.  

Not gonna happen, chicken little.  

hahahahahaha...

When in doubt or in a pickle, plead poverty.... I am with you there.   

O.k.  Caught you in a guilty admission against interest, bitservie wurvie.  Either you are going to have to go to confession for that, or buy us all drinks for the bitcoin profits that you have made from selling out.   

Really, I was trying to get at the question of the Lambos being planted at Consensus 2018, rather than the fact that real bitcoiners do actually buy Lambos when they are beginning to rake in the dough.  Maybe also, I was joking too much, because I did realize that it would have been quite probable that some folks had invested less than $10k into crypto - even Ethereum in the single digits, and were able to ride various waves into Lambolandia.

So, yes, there could be quite an appeal to have Lambos parked at these kinds of crypto events for marketing purposes, even when it ends up that those lambos are not owned by actual conference attendees.  Personally, I would not even want draw that much attention to myself, in terms of having anyone know that I was able to get the lambo through crypto rather than some other way of getting it that would not draw so much attention to me as a possible robbery target.

Yes.

Here are a few requirements, off the top of my head:

You can remain a bitcoin maximalist, as long as you recognize that:

1) bitcoin is the ONLY meaningful long-term fundamental investment (largely based on its proof of work and currently, there are no other coins that are providing such foundational security in the space),

2) as long as you do not invest more than about 1/3 of your total crypto portfolio into various alts (and even 1/3 seems a bit much but could be reasonable in some circumstances),

3) as long as you recognize that you are going to have to strategically exit most of the various alts and have some kind of plan for such exit, unless the alts compose of such a small amount of your total crypto holdings, such as less than 5%, then you are not really relying on them for long term value.

4) Of course, an exception to the above 3 would be if you already hold a decently-sized value in bitcoin that allows you to be self-sustainable based on the passive income from your bitcoins, such as holding more than $5million in bitcoin for someone who has passive income requirements of less than $100k per year, would allow you to play around and to hold higher percentages of your crypto investment in other cryptos (largely because your living needs are already largely covered)....   

Here's how it is going to play out, roachie poachie.


First:  some energy comes to the space.




Second, Roachie poachie becomes a target:




Third, it's not looking good from the roach's perspective.




Fourth, some grueling grinding takes place:



Fifth, nothing but fragmented roach remains:




Sixth, we may have a ceremony:

like this:



and this:



To the extent that anyone appreciates you, in the end, you will be like this:

Interesting that the bitcoin (or crypto) lambo meme has some foundations in "fake" news.      Saddens me.

$9k seems such a low target, and seems to sadden me muchie.

Surely we cannot all be millionaires because there are going to be a lot of potential gentlemen who will get diverted out of their potential gentlemen status by either buying into shit coins or otherwise getting tricked out of their bitcoins.

Aren't you splitting hairs when you attempt to assert that $8k to $8.2k has not been tested in recent times?

During the weekend, BTC prices dipped down within the $8,208 to $8,286 price range three times, and with decent trade volume on each downward push.

To me, those seem like tests of price support, and sufficiently close enoug to the lower $8ks to be tests of that range.

Now, sure getting to the very bottom of that range might be something that is being attempted, and could be useful in determining that prices are ready to resume the testing of upwards resistance in the $9k to $10k arena...

I doubt that it is reasonable to conclude that we are manipulated, even though there could be bearwhales who have some coins stacked up that are waiting for some stronger "down" in order to dump their coins, and pray for success.